2016 Regional Budget Overview

0%No change
Regional
property tax

$325 M
Net operating
budget

0%No change
Water and
Wastewater

1%Decrease
Waste
Management

$165 M
Capital
budget

On Dec. 3, 2015, Regional Council approved a zero per cent increase to its 2016 tax supported operating budget.

Residents will see a zero per cent budget related increase on the Regional portion of their property tax bill. For the average household with a home assessed at $241,100, the Regional portion of your tax bill will remain unchanged from 2016 at $1,402.

The total of all operating and capital budgets contribute to the Region's total 2016 budget of $1 billion.

The 2016 net operating budget of $325 million contributes to the Region's $880 million gross operating budget.

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2016 Net Operating Budget Highlights

The 2016 net operating budget of $325 million maintains all current programs and services and provides funding for new and enhanced services that will support economic prosperity, including:

  • $1 M
    Advancing Transportation
    Includes inter-municipal transit, Niagara GTA corridor and GO transit
  • $1.1 M
    Employment and Residential Growth
    In partnership with area municipalities and private sector investors
  • $2 M
    Building a Healthy and Safe Niagara
    Includes increased investments to better serve residents of Niagara

2016 Capital Budget Highlights

Regional Council also approved a capital budget of $165 million to support the following significant infrastructure projects in 2016:

  • $20 M
    Open lands for business and residential development
  • $10 M
    Advance GO transit across Niagara
  • $50 M
    Road Enhancements
    Including $9 million in funding for road resurfacing
  • $11.6 M
    Affordable Housing
    Including funds received from federal and provincial governments

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