Proposed 2025 investments to support our community.
To support the critical needs of the community, the proposed 2025 Budget makes necessary investments in community housing, growth infrastructure and public safety and well-being. It also includes investments in people and policies to improve and sustain essential services to our community now and in the future.
The proposed 2025 Budget meets the needs of the community with a net tax levy increase of 12.5% or an overall property tax increase of 5.5% to the taxpayers and a utility rate increase of 5.9%.
The proposed budget investments support our 20-year vision for Peel
Investments for 2025
Services
Investments for 2025
Services
Investments for 2025
Services
How we are sustaining current service levels and addressing increased service levels required by a population that's growing and aging by an average of more than 25,000 people a year.
Supporting population-driven service demands
Building housing enabling infrastructure
Enhancing community safety and well-being through health services and police services
Keeping Peel's infrastructure in a state of good repair
Advancing the Climate Change Masterplan
Promoting Diversity, Equity and Inclusion
Investing in modern and cyber-secure technology
Managing the impacts of funding shortfalls
The 2025 Budget includes a property tax increase of 5.5% which will contribute an annual increase to the typical residential property and commercial/industrial property tax bills of $321 and $564 respectively.
Additionally, the average home will see an increase to their utility bill of 17 cents per day (or $62 per year), while the average commercial/industrial property will see an increase of 32 cents per day (or $118 per year).
1 Average home assessed at $581,200 and small business valued at $641,900.
2 Average residential consumption at 290m3 and average small business consumption at 695m3.
