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News release

On Dec. 2, 2024, Milton’s 2025 budget was finalized, representing an investment of $139.5 million in capital projects and $222.3 million through the operating budget to deliver programs and services to Milton’s growing community.

The 2025 budget advances the priorities of Council and the community by investing in:

  • People who deliver Town services
  • Innovation in technology and process
  • Quality facilities and amenities
  • Connected transit and mobility
  • Planned community growth

The 2025 capital portion of the budget represents a $139.5 million investment in 138 projects, including new infrastructure to support the Town’s growth and expansion, as well as the rehabilitation and replacement of existing assets. 

The operating portion provides $222.3 million for the day-to-day operations at the Town that deliver important services to our community. It provides the funding to deliver services such as fire, snow clearing, maintenance of roads and parks, transit, Milton Public Library, storm water pond maintenance, culture, and recreation.

The Town is responsible for collecting property taxes for three agencies: Town of Milton, Halton Region, and the province (school boards). The property tax bill is a combination of these three agencies.

Milton’s 2025 budget results in an increase of 9.89 per cent for Milton’s portion of residential property taxes. The total residential property tax increase including all three agencies is estimated at 6.43 per cent for 2025, pending approval of the Halton Region budget. This will result in an estimated increase in the average overall household property tax bill of $49.87 per $100,000 of residential assessment.

The average residential home in Milton assessed by the Municipal Property Assessment Corporation at $600,000 can expect to pay approximately $4,952 in total property taxes in 2025. Milton continues to maintain one of the lowest overall property taxes in comparison to other municipalities.

Visit the Town’s website to view the 2025 budget highlights and how the 2025 budget impacts residential taxes.

Quotes

“Town Council and staff have developed a budget that balances residents’ service expectations with affordability. The 2025 budget prioritizes essential investments in transit, fire services, community safety, and road improvements, while keeping Town taxes among the lowest in the Province. We thank residents who shared their feedback throughout the budget process.”

- Sammy Ijaz
Budget Chair, Regional Councillor, Town of Milton

 

“The 2025 budget addresses Milton's continued commitment to investing in the services and community assets that residents tell us they value and rely on. It aligns our resources to support our long-term vision for Milton as a safe, dynamic and responsive community.”

- Andrew Siltala
Chief Administrative Officer, Town of Milton

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For media inquiries, please contact: 

Rob Faulkner
Senior Advisor, Public Relations
Email Communications Staff