Average Brampton resident to pay additional $142 per year in property taxes in 2022
Published November 19, 2021 at 11:01 am
The City of Brampton has proposed a budget for the 2022 year, which includes a 2.7 per cent increase to property taxes.
If approved, the 2022 budget will be the first to include a property tax increase in the last three years—the 2019, 2020, and 2021 budgets did not include an increase to property taxes.
This year’s increase will amount to an average increase of $142 per household.
For residents of Brampton, for every dollar spent in property taxes, 16 cents goes to the Province, while 39 cents goes to the Region of Peel, and 45 cents goes to the City.
Based on the average increase per household, $63.9 go to the City, while $55.38 goes to the Region, and $22.72 goes to the Province.
Budget Committee meetings are set to begin on November 29, and on December 8, the budget will be approved by Council.
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