2009 Property Taxes
The 2009 budget reflects a total gross expenditure of $400.8 million, an increase of $29.2 million from 2008. This year, taxpayers face an approximate 2.9% increase in their overall property tax bill, 2.2% of which is the City of Brampton part.
How are taxes determined?
Peel Regional Council and Brampton City Council establish how much money they need to raise through residential property taxes to pay for services, programs and facilities that citizens ask to be delivered. Property taxes are divided into three components: Regional, City and Provincial (educational). The Region receives the largest portion, since it uses most of it to fund social services programs, such as welfare and public housing. The Province sets a common education tax rate for all residential properties in Ontario.
City Taxes
The City of Brampton portion of the taxes will increase approximately $79 for a typical house valued at $299,000.
2009 City of Brampton Taxes
Cost of Services
Based on City Property Tax of $1,365 for an average house with an assessed value of $299,000
*General administration allocated on a prorated basis to other the operating divisions
Regional Taxes
The Regional portion of the tax bill will increase approximately $32 for a typical house valued at $299,000.
Provincial (Education) Taxes
The Provincial portion of the tax bill will decrease approximately $7 for a typical house valued at $299,000.
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