The Region of Peel's annual budget outlines how tax dollars and utility fees will be invested to help provide the services that you value, such as the operations and maintenance of transportation systems, waste and water services and police services.
In 2016, Regional Council, after extensive consultation with the community, approved the new Strategic Plan for the Region of Peel. The vision for the Strategic Plan is Community for Life and has three areas of focus:
Each area of focus has six strategic outcomes that are critical to achieving the vision for Peel. The 2017 Budget supports the Strategic Plan in its three areas of focus "Living, Thriving and Leading" and also addresses key Council priorities identified by the community and Council.
The 2017 Budget balances the investments in the residents and communities of Peel with a responsible net tax levy increase of 2.2 percent or an overall property tax increase of 0.9 percent to the taxpayers and a utility rate increase of 5.0 percent.
The 2017 Budget (PDF, 5.2MB) consists of:
The 2017 Budget includes operating investments of $2.2 billion and capital investments of $0.8 billion to support and advance Council's long term vision for Peel.
As seen in the graphic above, $878 million operating and $99 million capital budgets are invested in affordable housing, early years and child care, social assistance and employment, paramedic services, seniors' services and public health. $1.2 billion operating and $666 million capital budgets are invested in waste removal and diversion, climate change, police services, roads, accessible transportation and safe water to drink. Finally, $181 million operating and $21 million capital budgets are invested in ensuring the Peel's services are delivered effectively and efficiently to the residents and businesses in Peel by leveraging technology, ensuring that the Region is financially sustainable in the long term, creating effective partnerships, being a model and progressive employer and listening to the community.
The 2017 Operating Budget supports both the existing service levels and the increased 2017 service needs in the Region of Peel driven in part by an average population growth of 20,700 people per year. Major 2017 service enhancements include additional 22,500 Accessible Transportation trips, two more ambulances on the road to address 5,500 additional 9-1-1 calls, an investment of $4.5 million to support affordable housing including 205 households from waitlist, subsidy for low income "MiWay" users, a new youth shelter in Brampton, changes to provincial programming for immunization, more support to seniors with increasingly complex dementia care needs in the Long Term Care homes, service 3,550 new households in waste collection, 4,750 new water billing customers, and additional police staffing for community safety.
The 2017 Budget (PDF, 5.2MB) includes a property tax increase of 0.9 percent which will contribute an annual increase to the typical residential property and small business property tax bills of $42 and $73 respectively. Additionally, the average home will see a $33 increase to their utility bill, while the average small business will see an increase of $85.
|Property Tax Impact of 0.9%*||$42||$73|
|Utility Rate Impact of 5%**||$33||$85|
|* typical home assessed at $474,000 and small business valued at $551,300
** average residential consumption at 290m3 and average small business consumption at 695m3
View the Region’s prior years’ budgets