The bad news is that taxes for residents in Mississauga are going up. The good news is that it is set to go up gradually. These taxes and fees will come with improvements to transit and other amenities, as well as a new community centre.
The City of Mississauga’s proposed 2020 – 2023 Business Plan and 2020 Budget is now available online.
According to the city, the total proposed 2020 operating budget is $926.1 million amount that will be offset by revenue from sources such as transit fares, recreation fees, and building permit fees. Those fees will total $387.4 million.
The property tax funds the budget amount not covered by these revenues.
If the proposed budget passes, residents will see a 3.84 per cent increase on the 2020 residential property tax bill. Of this, 1.74 per cent is for the city’s services and 2.1 per cent is for the Region of Peel services (based upon the proposed budget provided to regional council).
Every 1 per cent of city tax increase is about $19.50 per average home or $2.84 per $100,000 of assessment.
In October, the city said that some MiWay fares could also rise. Some increases that have been proposed include a slight increase to the MiWay cash fare (single adult). The Presto fare will remain at $3.10.
The proposed 2020 net operating budget is $538.7 million – about $27.8 million higher than the 2019 Budget.
The 2020 expenditure budget is targeted to keep the city’s services operating at current levels.
The city also plans to add $4.6 million worth of new services.
The Churchill Meadows Community Centre which will include a triple gymnasium, indoor pool, warm water therapeutic tank, multi-purpose spaces, a teaching kitchen and change rooms that will service the adjacent sports fields and seasonal dome.
The city also says it plans to increase public safety by introducing attendants at the Celebration Square fountain to allow for first aid support.
The city says it will be modernizing library technology by enhancing online access, supporting the repair and replacement of the musical instrument lending library and expanding Mississauga Maker learning opportunities.
As far as traffic safety goes, the city says it will be adopting Vision Zero, a framework which focuses on the prevention (and ultimately the elimination) of pedestrian, cyclist and motorist injuries and fatalities on the city’s roads.
The proposed stormwater rate per billing unit for 2020 is $108.20, effective April 1, 2020.
The Budget Committee will begin discussions on the proposed 2020 Business Plan and Budget on November 18, 2019, at 9:30 a.m. -CINEWS