On January 16, Regional Council approved Halton’s 2019 Budget and Business Plan, which ensures top value for taxpayer dollars as we prepare our strategic plan for this term of Council.
The Budget is based on prudent, forward-looking financial planning principles that help preserve Halton’s strong long-term financial position. It also leverages our top credit rating, which helps us finance major investments by providing continued access to the best capital financing rates available.
By identifying savings and reorganizing resources, the 2019 Budget increases Regional investment in priority areas identified by residents and Council. Some of these increases include:
- Water and Wastewater State-of-Good-Repair Capital Program: $7.7 million to support water and wastewater infrastructure.
- Transportation State-of-Good-Repair Capital Program: $1.9 million to support Regional roads.
- Waste management: $791,000 for waste management contracts due to inflation, tonnage growth and organics market pressures.
- Road maintenance: $777,000 for road maintenance contracts, including $100,000 for three new red light cameras.
- Relief staff resources: $431,000 for additional relief resources to maintain service levels in Paramedic Services and Services for Seniors.
- Regional Facilities State-of-Good-Repair Capital Program: $380,000 to maintain Regional facilities.
- Capacity to prevent and address homelessness: $305,000 leveraging Provincial funding allocated for 2019.
- Halton Region Community Investment Fund: $300,000 strategic investment to increase funding for programs that support the health, safety and well-being of Halton residents.
- Emerald Ash Borer: $272,000 to support program implementation by Conservation Halton and Credit Valley Conservation.
- Water and wastewater maintenance: $252,000 to address inflationary increases.
The Budget also fulfills Council’s objective to keep property taxes low—it includes a 1.9 per cent increase for Regional services and a 3.7 per cent rate increase for water and wastewater services. It continues our 12-year track record of keeping property tax increases at or below the rate of inflation to help individuals, families and businesses succeed in Halton.
By supporting services and infrastructure to maintain a high quality of life, the 2019 Budget and Business Plan will help us keep Halton a great place to live, work, raise a family and retire. To learn more, please visit halton.ca.
As always, if you have any Regional concerns or comments you would like to share, please feel free to email me at email@example.com. 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”.