Please note: The full budget document can be requested by email from the Town's finance department. Find out how you can be involved in the budget

Using the priority areas within the Council Staff Work Plan, areas of focus within the 2022 budget position Milton to invest in the community and organization, while having immediate and future community impact.

Overall themes for 2022 budget include investment in:

  • Customer service
  • Community safety (fire services)
  • Modernization of services
  • Sustainability – environmental and financial
  • Asset management
  • Transit
  • COVID-19 cost mitigation

Capital budget

The capital budget funds construction and repair of the Town’s infrastructure, fleet and bus purchases, and corporate studies. The capital budget is funded from reserves and reserve funds, development charges, grants, and debt.

A growing municipality like Milton needs to invest in both new infrastructure and the renewal of existing assets, such as roads, facilities, and parks.

The 2022 proposed capital program includes 126 projects, valued at a community investment of $123.3 million, to provide programs and services to Milton.

The development of new assets and the rehabilitation of old infrastructure, can be very costly. The Town continues to actively pursue all available external funding opportunities to reduce the impact on taxpayers. In 2022, nearly 75%, or $92.2 million of the 2022 capital program is funded from external sources, primarily development charge revenue.

Breakdown of capital budget

The breakdown of funding for the capital budget includes:

A graph displaying percentages for the breakdown of funding for the capital budget

Operating budget

The operating budget covers day-to-day spending on services such as winter road maintenance, grass cutting, recreation programs, and fire services. The operating budget also finances the Town’s capital projects through debt payments and transfers to reserves.

In 2022, the proposed operating budget represents an investment of $163.6 million in the Town’s programs and services.

Property taxes cover a large portion of the operating budget, while the rest is funded through non-property tax revenues (provincial grants and subsidies, user fees). In 2022, 50% of the operating budget is funded through non-property tax revenues.

2022 Proposed Household Impact

The overall blended rate increase proposed for 2022 is 2.76%. Of this 2.76%, Milton’s portion of the blended increase is 1.96%. This is the overall impact to your property tax bill, a result of the Town of Milton, Halton Region, and Province (education).

Estimated household impact per $100,000 of residential assessment
 Share of tax bill2021 Taxes2022 Increase2022 Taxes$ Impact on total tax bill% Impact on tax bill 
Town of Milton 38.63% $257.87 5.19% $271.26 $13.39 1.96%
Halton Region 39.58% $272.47 2.00% $277.92 $5.45 0.80%
Education 21.79% $153.00 0.00% $153.00 $0.00 0.00%
Total  100% $683.34 2.76% $702.18 $18.84 2.76%

The budget impact is estimated at this time until final budget approvals occur at Halton Region and the Province (education).

More information is available on household impact and value for tax dollar by understanding your tax bill.