Investor Presentaiton
18
Development Charges (DCs) Overview
Levy DCs against new development to fund growth-related
infrastructure (Provincial legislation)
A "growth pays for growth" philosophy to ensure existing tax
base not affected by cost of development
DC rates must be updated at least every 5 years
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Last by-law updated in 2015 with a new by-law scheduled for 2020
Borrowing needs are for long life projects
Water, wastewater, roads are major programs funded by DCs
COUNTY OF
WELLINGTON
MUNICIPALITY
Water and Wastewater Infrastructure Investments
2019-2041 (Forecast)
Town of Caledon
City of Brampton
REGIONAL
City of Mississauga
SITY OF
TORONTO
Komete
Region
of Peel
vorking with you
Future Master Plan water intrastructure 2013-2041
• Proposed Water Facility
Proposed Watermain
Future Master Plan Wastewater infrastructure 2019-2041
Proposed Wastewater Facility
Proposed Sewer
Munidpal Boundary
Lake Ontario
Region
of Peel
working with youView entire presentation