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Mississauga Property Taxes Rank Favourably, Says BMA Study

Apr 27, 2005

Mississauga's property taxes compare favourably with other Ontario municipalities according to a staff presentation to Council today based on BMA's Municipal Study 2004. The Municipal Study was prepared by BMA Management Consulting Inc. with information from 66 Ontario municipalities.

"Mississauga is a leader in its fiscal management. We have remained fiscally sound by ensuring that growth pays for itself, controlling our cost base and applying appropriate user fees," said City Manager Janice Baker.

The study found that Mississauga's tax levy per capita is low compared to most other municipalities. The net levy per capita in 2004 was $827 compared to the average of $955 and a high of $1,398 amongst the 66 municipalities surveyed. Mississauga is in the bottom 20 per cent of this category.

According to the staff presentation:

  • Mississauga tax rates are competitive compared to GTA municipalities with populations over 100,000.

  • In every property class, Mississauga's taxes are at the middle to low end of the scale. For example, a Mississauga home assessed at $410,000 is taxed at $4,296, compared with an average municipal tax of $5,097.

    "These results confirm what our residents and business owners tell us: Mississauga offers a high quality of life by providing great services and competitive taxes," added Baker.

    For information about the BMA Study, please contact Jeff Jackson, Director, Revenue, City of Mississauga at 905-896-5477.

    About the City of Mississauga
    Mississauga is Canada's sixth largest city with a population of 690,000. With well-established infrastructure and state-of-the-art facilities, the City delivers quality municipal programs and services to its citizens. Mississauga is recognized as Canada's safest city.

    BMA Management Consulting Inc. is a Hamilton, Ontario-based management and consulting firm, whose expertise is finance, database management, public policy, assessment and planning.


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