Brampton City Council approves budget for 2022, which won’t include increase to property taxes again
Published December 9, 2021 at 9:28 am
Brampton City Council has approved the 2022 budget, which will not include an increase to the City portion of property taxes for the fourth consecutive year.
The budget for 2022 is set at $1.1 billion. Of this, $780 million will make up the Operating budget—which is used for maintenance, utilities, reserves, and staff salaries, while $341 million will make up the Capital budget—which is used for purchases, major repairs and replacement of assets such as roads, and buildings.
As part of the 2022 budget, $65.2 million has been allocated for the construction of recreational facilities, including a youth hub and Sports Hall of Fame, while $4.7 million has been allocated for constructing or enhancing neighbourhood parks, and upgrading pathways, sports fields, and playgrounds, and trails.
Additionally, $19 million has been allocated for new buses, the majority of which will be electric, while $17 million has been allocated for expanding Züm service on Chinguacousy Road corridor, and $22.6 million will go towards resurfacing, reconstructing and improving roads throughout the city.
“For this Term of Council’s final budget, we unanimously support and deliver Brampton’s fourth consecutive tax freeze and maintain a record contribution to reserves, with financial sustainability and growth for our city at top of mind. We also reaffirm our commitment to addressing Brampton’s healthcare emergency, designating $62.5M of funding for the new Peel Memorial Hospital,” Mayor Patrick Brown said in a news release.
“The 2022 Budget will support the community as we continue to navigate and move forward from the COVID-19 pandemic, and set the City up for continued success in providing excellent quality of life and service for all of Brampton,” he said.