2021 Tax Impact
Property taxes in Mississauga are used to fund services provided by the City of Mississauga, the Region of Peel and the Government of Ontario for the Ministry of Education. Of every property tax dollar, 36 per cent goes to the City; the rest is divided between the Region of Peel at 45 per cent and the Government of Ontario at 19 per cent. For 2021, the overall residential property tax increase will be 2.1 per cent, of which 1 per cent is the City of Mississauga’s portion and 1.1 per cent is the Region of Peel’s portion. This equates to approximately a $56 increase on the City’s portion of the property tax based on an average residential property valued at $730,000 or $7.71 per $100,000 of assessment.
The 2021 Operating Budget focuses on the delivery of programs and services and includes:
- Completion of new community centre in Churchill Meadows
- Continued MiWay investment with new hybrid electric buses
- Implementing the Transportation Master Plan, progressing toward Vision Zero
- 1 Port Street Environmental Assessment
- Continued construction of new fire stations
- A $7.6 million in savings through MiWay due to the cancellation of two express services and the transition to Kipling Bus Terminal
- Development of the City’s first Pedestrian Master Plan to shape pedestrian connections across neighbourhoods
- Continued investments in new technology that will result in efficiencies, cost savings and improved service delivery
- Implementation of the City’s first Climate Change Action Plan (CCAP) to mitigate greenhouse gases and adapt to the impacts of climate change
As part of the Capital budget, Mississauga’s City Council is committed to investing in:
- Environmental Assessment Studies for Bus Rapid Transit corridors on Dundas Street and Lakeshore Road
- Renovations for Burnhamthorpe Community Centre to improve recreational services
- Renovations and repairs to important cultural assets including Meadowvale Theatre and the Living Arts Centre
- Planned lifecycle replacements from 2021 to 2023 city-wide some of which include:
- 40 kilometres of trail reconstructions
- 14 playground redevelopments
- 17 sport field and court maintenance and replacements
- Nine pedestrian bridge replacements
- Redevelopment of the Central Library, adding 34,000 square feet, a new children’s space, and enhanced supports for people experiencing homelessness
- The Roads Service Area received the largest portion of the City’s capital budget allocation with $89.1 million or 33 per cent requested for 2021; key projects include:
- Improvements to cycling infrastructure
- Bridge and culvert renewal
- Roadway rehabilitation
- Investment in the West Credit site to ensure service levels met for winter maintenance and leaf collection
Council also approved a one-third reduction of car allowance and freezing of salaries for Members of Council for 2021.
The Stormwater Charge funds the City’s Stormwater Program. It is a dedicated source of funding separate from property taxes. The Stormwater Charge appears on the Region of Peel water bill and in 2021 the rate increase is set at 2 per cent. This means the average residence (approximately 75 per cent) will see an increase of $2.20 or less.
For more details about City’s budget and the budget process, visit mississauga.ca/budget.