The Police Services Board approved the 2024 net Operating Budget for York Regional Police of $410.1 million, which is a 4.6 percent increase over the 2023 Budget and includes the addition of forty-six additional staff who will support safer communities, innovation, continuous improvement, inclusion and belonging and recruitment and retention. Additional outlook staffing will address community needs such as safer communities, addressing crime trends, embedding peer support, and supporting service delivery. The 2024 Police Operating Budget continues to maintain the lowest policing cost per capita in Canada among the top ten national municipalities.
The Board also approved the 2024 Capital Budget of $30.5 million, with capital spending authority for multiple-year projects of $36.1 million. The 2024 capital expenditures include $7.1 million for information technology, $7.7 million for vehicles and specialty vehicles, $4.3 million for specialized and communication equipment, and $11.3 million for facilities primarily for a new substation located in Vaughan, a new aircraft hangar for AIR2 helicopter and renovations of existing facilities. Financing for the capital budget is a combination of contributions from reserves, debenture proceeds repaid from development charges, debt reduction reserve funding, development charge collections, and external funding.
York Regional Council approved the York Regional Police 2024 Operating and Capital Budgets in December 2023.