Council Approves 0.4 per cent property tax reduction for 2014 budget

I am pleased to let you know that Regional Council has approved the 2014 Budget and Business Plan marking the fourth time in the last eight years (2008, 2010, 2011 and 2014) that Halton Region has achieved a property tax reduction for Regional tax supported programs and services.  Halton Region has one of the best records in Canada for keeping taxes low while maintaining and enhancing service levels.

This is great news for residents and businesses in Halton.  We are one of the few municipalities in all of Canada that has actually reduced taxes. By maintaining our AAA credit rating and keeping our taxes low we ensure Halton is competitive which attracts jobs and investment to our community.

Halton is a great place to live.  Residents want high quality services and low taxes. We have been able to maintain and enhance service levels without increasing taxes.

You can view the 2014 Budget and Business Plan online.  Here are some highlights of key investments in the 2014 budget:

  • $177 million in transportation capital investment
  • $405,000 to create additional child care subsidies
  • $721,000 to maintain service levels for waste management services
  • $300,000 to increase the number of SPLIT passes available in the community (subsidy for bus passes for low income residents)
  • $65,000 to support the development of an Agri-tourism Program to attract more tourism to Halton’s rural communities
  • $195,000 for Locates (Ontario One Call) a new underground infrastructure notification system
  • $600,000 to support initiatives outlined in the Comprehensive Housing Strategy
  • $320,000 for assisted housing programs including continued implementation of subsidies for low income residents

Halton Region’s strong fiscal management policies ensure we can deliver high quality services for our residents.  Our AAA credit rating demonstrates to our taxpayers and the business community Council’s commitment to fiscally responsible decision making.  A AAA rating and a reduction in taxes attracts companies like Target, Siemens, Toronto Premium Outlets and Gypsum Technologies Inc. making Halton a hotspot for business. 

The 2014 Budget and Business Plan is available online as is the Citizens’ Priorities Action Plan which highlights fiscal responsibility and attracting and retaining jobs as key priorities. My video blog on Attracting and Retaining Jobs provides additional information with highlights on Halton Region’s 10 Year Economic Development Strategy.  

As always, if you have any Regional concerns or comments you would like to share, please feel free to email me at gary.carr@halton.ca. You can also find me on Twitter @garycarrhalton, LinkedIn or Facebook. To receive further updates on Regional issues, please subscribe to my quarterly e-newsletter, “The Carr Report.”