Peel Region’s 2022 Budget includes a property tax increase of 1.5 per cent for the regional portion. This will contribute an annual increase to the typical residential property and commercial/industrial property tax bills of $73 and $129 respectively.
Additionally, the average home in Mississauga, Brampton and Caledon will see an increase to their utility bill of 13¢ per day (or $47 per year), while the average commercial/industrial property will see an increase of 32¢ per day (or $118 per year), spokesperson Genevieve Ricciardella said in a statement.
“The 2022 Budget maintains services and invests in the community while ensuring that the COVID-19 response remains a top priority,” noted Peel Regional Chair, Nando Iannicca. “This year, we’ve passed a budget that invests in services that promote a safe and healthy community and protects the vulnerable, while improving efficiency to mitigate the increase to property tax bills.”
According to officials, the development of Peel’s 2022 Budget was guided by the Strategic Plan and the needs of the community, while ensuring that the response to COVID-19 remained the top priority.
The Region of Peel has been one of the hardest hit communities by COVID-19 in Ontario. As the 2022 Budget was being finalized, Peel was in wave 4 of COVID-19 with the pandemic expected to continue into 2022. Costs to continue the response to the pandemic will be covered through provincial funding for COVID-19 or other one-time sources so they will not increase the 2022 property tax, the statement read.
The 2022 Budget includes total investments of $3.8 billion to improve people’s lives in their time of need, ensure communities are integrated, safe and complete, and ensure government is future-oriented and accountable, added Ricciardella. Some of the initiatives are a new Seniors Health and Wellness Village, homelessness supports and more affordable housing subsidies
Additional child care fee subsidies, a 2-year program to assist foodbanks in the Region, increased grants to community agencies, 26 more uniformed officers for increased community safety
and a new paramedic reporting station to service a growing population.
The 2022 Budget also reflects $9.1 million in savings and cost avoidance found through continuous improvement efforts and other cost containment measures, according to Ricciardella.
“2021 has been another difficult year for the community. We know that the pandemic will continue into 2022 and result in further disruption,” said Chief Financial Officer and Commissioner of Corporate Services, Gary Kent. “All material costs built into the 2022 Budget for the pandemic are assumed to be funded from sources other than the property tax. In addition to sustaining our emergency response, service levels will be recovered and modest strategic investments have been made to continue to serve our growing community and keep it safe.”