Brampton City Council has approved a budget that will result in an overall property tax increase of 2.7 per cent in 2018. This includes tax increases by the City, Region of Peel and the Province (school boards).
The impact of this budget on property tax in 2018 translates into an annual increase of approximately $126 for an average residential home assessed at $471,000.
2018-2020 Budget Highlights
Enhancing core services to offer increased value to residents and businesses:
Transit: 31 new buses to serve growth areas; 34 new Züm buses to expand bus rapid transit and improve connections to regional transit
Fire: New fire trucks and firefighters; a fully centralized fire campus, including fire station, training facility, emergency operations centre and a new headquarters
Recreation: Launch STEM (Engineering and Robotic) recreation programs for ages 3 to 14; expand and improve community centres.
Secondary Unit Task Force: Dedicated team to focus on illegal second unit housing, lodging houses, and group homes
Interim Library Branch: Expand services with a new BramWest (Embleton) interim location in advance of the combined facility community centre
Advancing Brampton’s Strategic Priorities:
University: Investment of up to $50 million over 10 years for a university and up to $100 million for a joint-use centre for education, innovation and collaboration, bringing transformative benefits to the entire community.
Regional Connections: Expand Züm to improve connectivity to regional transit services such as Malton GO Station near Pearson Airport.
Urban Centres: A reimagined downtown with a new streetscape that will bring pedestrians and cyclists together in a safe and a sustainable manner.
The Final instalment of the Hospital Levy will be reflected in the 2018 property tax bill. Due to investment earnings on previous amounts collected, taxpayers will see a lesser amount than originally planned. A continued two per cent increase in infrastructure levy in order to maintain roads, bridges, community centres and other assets in state of good repair.