Caledon ratepayers will see an overall tax increase of 2.83 per cent in 2018. That means an increase of $24.30 for every $100,000 of residential assessment.
The amount is combination of taxes with the town, Peel Region, and the local school boards. Caledon’s actual increase was set at 5.97 per cent following budget debates.
“The 2018 budget is our foundation to help ensure that we are working towards a vibrant and prosperous Caledon,” said Mayor Allan Thompson. “Council, through a public collaborative process, fully debated a budget that is measurable, attainable, realistic and time-sensitive so that the town can continue to work towards building a better community for its residents.”
As Caledon emerges from its rural history, the budget is a combination of maintaining and upgrading existing infrastructure with an eye to the future. As such, $20.5 million has been earmarked for roads, bridges and culvert improvements and upgrades. As well, portions of the funds have been set aside for broadband infrastructure.
Other highlights include a partnership with the Peel District School Board for the construction of an athletic field at Humberview Secondary School, funding for a skateboard/BMX course at Alton Park, and money to start the design for expansions at the Caledon East Community Complex and Bolton Senior’s Centre.
While no funding was committed, councillors agreed to support community efforts to build a performing arts centre after suggestions were made that both community-based and private partnerships may be willing to work together on the project.