Region of Peel Investor Presentation
Financial Strengths
Focus on Long-Term Financial Planning Strategy with a 10-year Operating Budget Model
Commitment to planning and funding infrastructure replacement / state of good repair
Tax rate: +1% average annual increase to reserves since 2008
-
Utility rate:
+4% average
annual increase to reserves since 2009
Integrated approach to managing growth
- Growth Management Committee overseeing 2041 growth forecasts
- Earlier and more integrated consultation with local municipalities, Province and building industry
Development Charges (DCs) By-Law updated in 2015
Resulting in the earlier collection of residential DCs to offset $100M in borrowing
Financial flexibility for additional revenue generation due to lowest utility rates in
Greater Toronto Area
15
AAA Credit Rating and Strong Liquidity
Region
of Peel
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