Brampton residents projected to pay some of the highest property tax rates in GTA in 2022
Published November 29, 2021 at 10:45 am
Deliberations for Brampton’s 2022 budget begin today and last for the next eight days until a final decision is made on December 8.
Included in the proposed budget for next year is a 2.7 per cent increase to property taxes, which would result in an average increase of $142 per household per year.
This would be the first time in the last three years property taxes have increased—they were frozen in the 2019, 2020, and 2021 budgets.
Additionally, while property taxes have declined over the last three years, Brampton residents still pay more than the majority of GTA residents.
In 2021, Brampton residents paid 0.96 per cent in property taxes, the highest among Peel Region, as well as Halton Region, and York Region—only residents of Durham Region paid more in property taxes this year.
When it comes to property taxes for Brampton residents, for every dollar spent, 45 cents goes to the City, while 39 cents goes to the Region, and 16 cents goes to the Province.
“We have made progress on tax competitiveness with three straight tax freezes but we still have work to do,” Mayor Patrick Brown said in a post shared to social media.insauga's Editorial Standards and Policies