​Approved 2019 Operating and Capital Budgets

Full Document (PDF)

Budget Deliberations: March 19 to 25, 2019

• Presentation
• Agenda
• The results of the February 12th and March 4th Telephone Town Hall Polling Questions.
• Listen to the March 4th Telephone Town Hall audio recording.

Related Documents

• Annual Financial Report 2017: Contains the City's consolidated financial statements
• Financial Information Return 2017: The Financial Information Return (FIR) is a standard set of year-end reports which capture financial and statistical information for each Municipality in the Province. Every Municipality in the Province will complete and submit a Financial Information Return to the Ministry each year. - Ministry of Municipal Affairs and Housing

Brampton City Council approved the 2020 Budget at a Special Council Meeting on February 26th, with record contribution to reserves and a second consecutive tax freeze.

• 0% property tax freeze on the City's portion of the tax bill
• City's 0.0% + Region's 1.3% + School Boards' 0.0% = 1.3% (average of $64 per household)
• City's net operating expenditures are increasing by $47 million, funded through assessment growth, revenue growth and the stormwater charge
• 2020 Budget is $977 million: $755 million operating + $222 million capital
• Includes contribution to City's reserves of $110 million, strengthening City's financial position
• Includes 1% Transit Levy and 2% Infrastructure Levy to maintain assets and ensure city-building can continue