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Media Release

2.3 per cent increase in property tax for Brampton


​BRAMPTON, ON: Brampton City Council has unanimously approved a budget that will result in an overall property tax increase of 2.3 per cent in 2017. This figure includes tax increases by the City, Region of Peel and the Province (school boards).

The impact of this budget on property tax in 2017 translates into an annual increase of approximately $107 for an average residential home assessed at $443,000.  

Budget 2017 - 2019 highlights:
Budget 2017 offers value to residents and businesses through enhancements in the following service areas.

Transit enhancements include:
• Züm growth, Bus Rapid Transit and support corridors
• Better connectivity - Spadina subway link in Vaughan
• Increased frequency and service levels
• Ridership increase of 500,000

Fire and safety enhancements include:
• Improved first full response time (five trucks)
• Another fire apparatus in service

Advancing Brampton's Strategic Priorities:
In 2015 Council approved a strategic plan to build a connected City that is innovative, inclusive and bold with priorities related to good government, smart growth, move and connect, and strong communities.  In addition to enhancements to transit and fire services, Budget 2017 advances these priorities through a continued focus on investments and initiatives including:
• Funding to support the University announcement for Brampton
• Targeted focus on Economic Development and Culture to support priority sectors like advanced manufacturing, food and beverage processing, health and life sciences, and innovation and technology
• Enhanced Züm services and better connectivity with regional transportation systems like GO Transit
• Recreation programming to support community health and wellness
• Continued development of Riverwalk as an inviting space for pedestrians and cyclists through the downtown
• Implementation of a Corporate Asset Management Plan
• Continued funding for community engagement and ethnic media programs


2016 Financial awards and recognition:
Standard and Poor’s
• Brampton’s current rating: AAA (stable)

C.D. Howe Institute – Municipal Budget Reports
• Brampton’s current rating: A- up from B-

 Government Finance Officers’ Association (GFOA)
• Brampton has received Canadian Award for Financial Reporting for thirteen consecutive years

Quotes
“City staff delivered a budget that is a long-term, sustainable and fiscally responsible approach. Council continues to balance the needs of our rapidly growing community while at the same time maintaining the growth of our reserves. Brampton has just released its first Corporate Asset Management Plan which will give us better information to build on the momentum of recent budgeting and financing improvements.”
- Mayor Linda Jeffrey

“The 2017 Budget was developed through an open process involving unprecedented teamwork between Council and staff.  The result has provided a sound roadmap for the City that balances fiscal responsibility with value for taxpayers.”
- Councillor Grant Gibson, Budget Committee Chair

“The proposed budget reflects our continued commitment to infrastructure and service delivery to residents. It includes valuable investments in human resources, procurement, transit, fire, and library services to modernize our processes and become more businesslike in our operations. We will continue to innovate and look at continuous improvements as we work together to build a future-ready Brampton.”
- Harry Schlange, Chief Administrative Officer

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About Brampton: The ninth-largest city in Canada, Brampton celebrates a diverse population that represents people from 209 distinct ethnic backgrounds who speak 89 different languages. Brampton residents and visitors have access to state-of-the-art recreation facilities and one of the fastest-growing transit systems in Canada. Opened in 2007, Brampton Civic Hospital is part of the William Osler Health System, which is one of the largest community hospitals in Canada. For more information, visit www.brampton.ca or follow @CityBrampton on Twitter.

MEDIA CONTACT
Natalie Stogdill
Media Coordinator
City of Brampton
905.874.3654 | natalie.stogdill@brampton.ca