2015 Approved Budget and Business Plan

The Approved 2015 Budget and Business Plan (PDF file) recommends a property tax increase of 1.5% for Regional Services and an increase of 1.9% for Police Services, resulting in a combined impact to the taxpayer of a 1.6% increase.

Budget Highlights in the 2015 budget include:

Property Tax Impact of Regional Government Services
(Per $100,000 cva)

  2014 Actual 2015 Budget $ Change % Change
Regional Services $208.00 $211.00 $3 1.5%
Police Services* $120.00 $122.00 $2 1.9%
Total Regional
Taxes
**
$328.00 $333.00 $5 1.6%

 *   Approved by Police Services Board
 ** Based on 1.7 assessment growth per most recent MPAC information

The approved 2015 Rate Supported Budget for water and wastewater services is a 4.9% rate increase over 2014, based on consumption growth of 0.0% and customer growth of 1.6%.

Rate Impacts of Regional Government Services
(Assumes 274m3 Annual Consumption)

  2014 Actual 2015 Budget $ Change % Change
Water & Wastewater
Rates
$850.00 $892.00 $42 4.9%

2015 Budget Highlights

Connecting People with Services

  • Paramedic Services - $1.0 million
  • Housing Providers - $652,000
  • Waste Management - $641,000
  • Rent Geared to Income (RGI) Subsidy - $306,000
  • Enhance customer service response - $306,000
  • Comprehensive Housing Strategy - $250,000
  • Communicable Disease Control - $224,000
  • Crisis Prevention / COMMANDE - $200,000
  • Halton Region Community Investment Fund - $125,000

Investments to Maintain Existing Infrastructure

  • Asset Management Support - $231,000
  • Water and Wastewater State-of-Good-Repair - $5.7 million
  • Water and Wastewater Maintenance Program - $1.3 million
  • Transportation Maintenance Program - $1.0 million
  • Road Resurfacing - $1.0 million

Maintaining Financial Stability

  • Supplementary Tax Revenue – ($500,000) reduction

Adapting to Climate Change

  • Emergency Generators - $5.5 million
  • Emergency Management Support - $378,000
  • Wastewater State-of-Good-Repair Capital - $5.0 million
    (Region-wide Basement Flooding Mitigation Study)

Economic Growth

  • Area Servicing Plan Pilot Study - $1.0 million