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Details of the 2025 Budget

How the budget is built, funded, and used.

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How the Budget is built

Budget development timeline

  • March, April 2024 Develop preliminary proposed budget and business plans based on ELT direction
  • May 9, 2024 Approach to the Development of the 2025 Budget (council report)
  • September 4, 6, 13, 2024 ELT review of final proposed budget and budget requests
  • November 21, 2024 2025 Fees and Charges (council report)
  • November 21, 2024 2024 Overview and Update on the Status of Reserves (council report)
  • November 21, 2024 Improvements in Service Delivery (council report)
  • November 21, 2024 Enterprise Asset Management Update

2025 Budget presentations

  • November 21, 2024 Police Services budget presentations
  • November 28, 2024 Regional Budget corporate overview presentation
  • November 28, 2024 Regional services budget presentations
  • December 5, 2024 Conservation authorities budget presentations
  • December 12, 2024 Additional Budget deliberation

Review the Council presentations

How the Budget is funded

Property taxes help fund the budget. The property taxes are divided between Peel Region services, local municipal services, and education.

The proportions vary between the local municipalities, depending on several factors including the relative share of total assessed market value by the Municipal Property Assessment Corporation (MPAC).

Funding by percentage

Peel Region 44%
Local municipalities 41%
Education1 15%

1 The education portion (residential only) of the combined tax bill has not increased for over 20 years.

How the Budget is used

The portion of your property taxes that goes to Peel Region provides residents and businesses with essential services such as: running water, roads and traffic lights, police departments, waste services, affordable housing, vaccination clinics, and so much more.

  • Peel Regional Police, 47 cents
  • Housing Support, 13 cents
  • Waste Management, 8 cents
  • Transportation, 8 cents
  • Paramedic Services, 6 cents
  • Seniors Services, 3 cents
  • Public Health, 3 cents
  • Capital Allocation, 1 cent
  • Conservation Authorities, 2 cents
  • Business Services, 2 cents
  • Income Support, 2 cents
  • Early Years and Child Care, 1 cent
  • Assessment Services, 1 cent
  • Community Investment, 1 cent
  • Information and Technology, 1 cent
  • Real Property and Asset Management, less than 1 cent
  • Heritage, Arts and Culture, less than 1 cent
  • Development Services, less than 1 cent
  • Clerks, less than 1 cent