Brampton City Council voted unanimously Wednesday evening to approve the city’s budget and deliver a zero per cent tax increase — the lowest for the city in 20 years.

It won’t mean there’s no increase for your tax bill, though. While there’s a zero per cent increase at the city level, residents can still expect a 1.1 per cent overall increase for Region of Peel taxes.

The City says the zero per cent increase was achieved by finding “organizational efficiencies” and “extraordinary growth in revenues” rather than cutting services. Those factors, along with the federal government’s increase to Gas Tax Funding, allowed for more funds to be allocated to the 2019-2021 budget.

Related: Here’s Why Taxes in Brampton Are Some of the Highest in the GTA

“This council is proud to present its first budget with no increase in taxes on the city portion without compromising on delivering high-quality programs and services. We are making major investments in transit and creating opportunities for economic growth,” says Mayor Patrick Brown.

Transit and infrastructure investments are a big part of the budget. It includes an overall 3% increase in funds to these types of projects. It will result in a 16 per cent increase in the city’s bus fleet and renovations to several rec centres, including Chris Gibson and Chinguacousy Wellness Centre.

Other budget items include funds towards marketing Brampton on the global market, improving fire services, improving community safety, and more.

Residents and businesses in the city are breathing a sigh of relief after years of steep increases. “Brampton businesses were clear in their expectations for the 2019 budget and those concerns were not only heard but acted upon,” said Todd Letts, CEO of the Brampton Board of Trade. “We look forward to working with council beginning this summer on the 2020 budget process to ensure taxes continue to be spent wisely and in ways that help grow our community and our economy.”

Find out more about the 2019-2020 budget here.

Comments

comments