Mississauga to increase property taxes

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Today, Council approved the City of Mississauga’s 2022-2025 Business Plan and 2022 Budget. The budget maintains the City’s commitment to sound financial management and value for taxpayers’ money, while making prudent investments to ensure the City is ready for the future and continues to be a destination for economic investment and job creation.

In 2022, Mississauga residents will see a 1.5 per cent increase on the City portion of the Residential Tax Bill and business owners will see a 1 per cent increase on the City portion of the Commercial/Industrial Tax Bill. The City’s budget balances competing priorities and guides investment in more than 200 programs and services including recreation, parks and fire and emergency services ensuring they remain affordable for Mississauga residents and businesses.

“The year’s budget is lean, flexible and allows us to manage the changing needs and expectations of Mississauga residents and businesses as we work to meet our short and long-term recovery goals,” said Mayor Bonnie Crombie. “Tough times call for prudent and thoughtful actions. I want to thank our Council and staff for their work and careful consideration of the City’s needs including important strategic investments in public safety, maintaining our infrastructure and our green assets. I’m proud of this plan which ensures we can deliver for residents while building a bright and promising future.”