Town of Caledon 2024 Budget Approved

Email icon Back to Search

CALEDON, ON (February 20, 2024) Town Council approved the Town of Caledon’s 2024 budget at today’s Special Council meeting.

The 2024 budget will have a tax rate increase of 5.97 per cent including the portion for the Region of Peel and school boards. The impact for $670,000 residential assessment will be approximately $336.79 a year. 

“We listened to our residents in an environment of high inflation and approved a budget that is responsible. The level of services was improved without a significant tax increase,” said Mayor Annette Groves. “I thank our Town Council and budget staff for their support in finalizing this budget that ensures the long-term sustainability of the Town’s services for its residents and businesses.”

Service improvements include: traffic calming, Caledon East Dog Park improvement plan, playground improvements, Bolton Rotary Bandshell funding, Mountainview Road reconstruction, invasive species, Humber River staffing, Di Gregorio Bocce Court elevator, two by-law officers, trail maintenance on Trans Canada Trail, gateway maintenance and invasive species. Less reserves to fund capital projects were used than in the past five years. 

“The Town of Caledon’s 2024 Budget offers the balance, alignment, opportunities and sustainability to help meet requirements, service delivery needs, quality of life expectations and fiscal responsibility,” said Robert Cummings, Commissioner Finance and Chief Financial Officer. “I thank Council for their support of the budget process and my team for their dedication to providing excellence in municipal finance.”

2024 Budget Highlights

 Operating Budget:

  • Caledon East Community Centre operating costs
  • Humber River Centre operating costs
  • Addition of five firefighters

Capital Budget:

  • Mayfield West Station 310 Land and Construction
  • Roads Rehabilitation Construction Program
  • Roads Engineering Design and Environmental Assessment
  • Bridge and Culvert Construction Program
  • Mill Street Reconstruction and Bridge Rehabilitation
  • Stormwater Management Program
  • Fleet Assets Replacement
  • Mayfield West 1 Southfields Community Park

Review budget presentations on Have Your Say and stay tuned for an updated final budget document.