Region of Peel Council Approves 2018 Budget
Investing in Better Outcomes for Residents and Businesses in Peel
BRAMPTON, ON (Nov 16, 2017) To support the Region of Peel's Strategic Plan and address Council's key priorities, Regional Council has approved the Region of Peel’s 2018 Operating and Capital Budget.
The 2018 Budget drives the achievement of Peel's vision of a Community for Life with investments balanced between the needs of residents and businesses and the infrastructure needs of the broader community. It also balances the current Term of Council priorities, the Strategic Plan's long-term objectives and the overall consideration of affordability.
"The Region’s annual budget process involves serious discussion and prudent and responsible decision making," said Regional Chair Frank Dale. “With the support and encouragement of Regional Council, the 2018 Budget invests in better outcomes for residents and businesses as we continue to build a healthy, safe and connected community, strengthening a solid foundation to build a Community for Life. The 2018 Budget ensures that we meet the needs of our residents regarding the exceptional level of service and safety they have become accustomed to today and into the future."
The 2018 Budget balances the investments of residents and communities in Peel with a Regional net tax levy increase of 2.6 per cent. This represents a 1.0 per cent Property Tax increase from the Regional budget and a 6.5 per cent utility rate increase. This Regional budget will contribute an annual increase to the average residential property and small business property tax bills of $47 and $85 respectively. Additionally, the average home will see a $41 increase to their utility bill, while the average small business will see an increase of $99.
Operating investments of $2.4 billion and capital investments of $0.7 billion ensure sustainment of current service levels and addresses enhanced service levels to accommodate rapid population growth and an aging population, with a special focus on Paramedic services and affordable housing support.
Budget highlights in 2018 include:
- 39,000 more accessible transportation trips
- Two additional ambulances and more paramedics to address 6,000 additional 9-1-1 calls
- Additional beds in the Brampton Youth Shelter
- Service to 4,000 new households for waste collection and 4,750 new water customers
- Additional police staffing to maintain our safe communities
- Additional caregivers to address increasingly complex care needs for Peel Manor Long Term Care residents
Along with meeting the Capital and Operating needs of the Region, the budget provides funding to the three local conservation authorities (Credit Valley Conservation Authority, Halton Conservation Authority, and Toronto and Region Conservation Authority), Peel Regional Police and the Ontario Provincial Police. To learn more about the budget, please visit the Region of Peel's 2018 budget webpage.
The Region of Peel works with residents and partners to create a healthy, safe and connected community for life for more than 1.4 million people and approximately 156,000 businesses in the cities of Brampton and Mississauga and the Town of Caledon. Peel's services touch the lives of residents every day. For more information about the Region of Peel, explore peelregion.ca and follow us on Twitter at @regionofpeel.