Brampton City Increases Overall 5.7% Property Tax Including 2.9% City’s Share
The tax increase this year will be greater than the previous four years combined.
On March 9, the Brampton city council passed the city’s budget for 2023.
Council approved a 2.9% tax increase, which, when combined with a 2.8% increase from the Region of Peel and a 0% increase from the school board, results in a 5.7% overall property tax increase.
For the past four years, there have been no tax increases on the city’s portion of the levy, but property taxes have increased each of those years due to regional increases. The tax increase this year will be greater than the previous four years combined.
The increase is expected to add $321 to the average household’s tax bill for residential properties this year, generating slightly more than $36.7 million in additional revenue for the city.
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