New Brampton budget proposes 3 per cent increase in property tax
Brampton/Oct.14, 2015- Brampton residents will see a 3 per cent increase on residential property tax if the city council passes the proposals for city’s budget for 2016.
On Tuesday, the Brampton’s Budget Committee started reviewing the 2016-2018 preliminary business plans and budgets. The total impact of Budget 2016, as presented, will amount to an overall 3 per cent increase on the residential property tax bill in 2016. This will include the preliminary proposal of a 2.3 per cent increase in the City’s portion, 0.7 per cent increase as proposed by the Region of Peel and no increase in the provincial education rate.
According to a city media release the budget committee will evaluate the preliminary budget on Oct. 14,19 and 20.
All meetings will be held in Council Chambers at Brampton City Hall starting at 9:30 am. Residents are encouraged to attend and provide input. Those who are unable to attend can provide their input using city’s website at :www.brampton.ca/budget.
The Council will approve Budget 2016 at a Special Council Meeting on Wednesday, December 9 at 7 pm.