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York Regional Council approves $3 billion budget



Budget delivers final year of Council’s four-year financial plan

Newmarket – .York Regional Council approved a $3 billion 2018 Regional budget, the final budget of a four-year cycle coinciding with the current term of Council. The 2018 budget includes a tax levy increase of 2.77 per cent, or an additional $65 on the average residential property bill.

“As we approach the final year of this term of Council, I am very pleased with the many strong investments we are making in our communities,” said York Region Chairman and CEO Wayne Emmerson. “Through this comprehensive budget process, we will continue to advance important work and ensure York Region remains an enviable place to live, work and play.”
Highlights of the 2018 budget include:

  • Planning and design of the Yonge Subway Extension into the Town of Richmond Hill – a critical link in a comprehensive transit system
  • Utilizing new technology to improve YRT/Viva rider experience, including the new mobile fare payment system, obtaining real-time service information through the YRT/Viva app and the PRESTO smart card system
  • Launching YTN Telecom Network Inc., a corporation designed to leverage the potential of York Region's fibre network and extend coverage into the Region’s under-served areas
  • Adding 16 new Paramedic Services staff and 22 York Regional Police staff
  • Developing an action plan to position York Region as a leader in wise water use
  • Continuing to increase access to child care for families, including children with special needs

“The 2018 budget fulfils the work and vision set out in York Region’s Fiscal Strategy,” said Town of Richmond Hill Mayor Dave Barrow, Chair of Finance and Administration. “Due to sound financial management, our debt level will start to decline in 2018, demonstrating the Region’s continued commitment to reducing reliance on debt. We are achieving this while still delivering existing and new programs and services needed within our communities.”

The 2018 budget includes an updated 10-year capital plan, providing spending of $5.9 billion to 2027, with $810 million in 2018. Information on York Region’s 2018 budget, including operating and capital backgrounders and an infographic, is available at york.ca/budget

The Regional Municipality of York consists of nine local cities and towns, and provides a variety of programs and services to 1.2 million residents, 51,000 businesses and 600,000 employees. More information about the Region’s key service areas is available at york.ca/regionalservices

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Media Contact:
Barbara Schnier, Corporate Communications,
The Regional Municipality of York
Phone:  1-877-464-9675  ext. 71237
Cell: 905-505-5775
Email: barbara.schnier@york.ca


Budget; York Region; Council approves budget The Regional Municipality of York en-US Media Release