The City of Mississauga has before it many opportunities to continue to evolve as a place where people chose to be. It is a modern, vibrant 21st century community that is still growing culturally and in its service provision.
Like most municipalities in the world, the City faces challenges. Residents and businesses continue to face economic challenges. City Infrastructure is aging and will require increased funding to maintain a state of good repair. Unplanned matters such as severe weather and new invasive insects need to be addressed. Choices need to be made to ensure we continue to deliver the services our residents value, in a fiscally responsible manner.
The 2014-2016 Business Planning process engaged all service leaders in the City and challenged them to bring forward their best thinking on how to resource and carry out the right business plans; plans that strike a balance between meeting service expectations and achieving fiscal restraint.
The Business Plan and Budget is the foundation of the City’s financial management strategy; it shows what we are doing, why we need to do it and how much it costs. It shows how the City is turning the goals and priorities set out in the Strategic Plan into actions. Each action – big, medium or small – will help to achieve the vision reflected in Our Future Mississauga.
Mississauga City Council passed the 2014 Budget today; next year¿s tax increase will be 2.4 per cent on the residential property tax bill. The increase includes 1.8 per cent for the City¿s services and 0.6 per cent for Region of Peel services.