Mississauga’s 2026 Budget adopted

The City of Mississauga’s 2026 Budget has been adopted. This budget addresses community priorities to keep property taxes affordable while continuing to deliver more than 200 City programs and services, maintaining and building important infrastructure. The 2026 Budget was a collaborative process, including recommendations from City staff and leadership to align with taxpayer priorities. Members of the public provided feedback at more than a dozen ward townhalls, Budget Committee meetings and through other City channels.

Purposeful action to contain costs

When creating the 2026 Budget, the City listened to taxpayers’ requests to keep taxes as low as possible. The City took specific actions to reduce the tax burden:

• Deferring expenses, cutting budgets and increasing revenue to achieve $17.4 million in savings.
• A one-year reduction in the Capital Infrastructure & Debt Repayment Levy from three to one per cent. This levy is used to maintain roads, bridges, community centres, parks and more.
• A one-year pause in the one per cent Public Safety Fire Program, while ensuring that essential repairs to fire stations and fire equipment continue.

The 2026 Budget has been adopted – here’s what you need to know

Overall tax impact

As Mississauga is part of the Region of Peel, taxpayers will see City and Regional tax increases on their tax bill. For 2026, the City’s budget increase is 4.39 per cent, and its share of the property tax increase is 1.61 per cent, which is lower than the current rate of inflation. When the City’s portion is added to the Region of Peel’s 3.60 per cent increase, the total property tax increase for 2026 is 5.21 per cent. This is four per cent less than the increase in 2025. In actual amounts, this is $53.91 more in taxes for every $100,000 assessed value of your home. For example, if a home is $700,000, the overall property tax increase is $377.37 for 2026.

Delivering value through services and sound investments

From every property tax dollar collected, the City gets to keep only 37 cents, while 48 cents goes to the Region of Peel for police and other essential services, and 15 cents goes to the Government of Ontario for education. As part of the 2026 Budget, the City’s 37 cents will be used to deliver high-quality programs, services and amenities, including:

Improving road and neighbourhood safety

• Adding By-law Enforcement Officers to support proactive enforcement in high-priority areas.
• Adding staff in Planning & Building to increase capacity and streamline development approvals.
• Winter maintenance, including citywide windrow and sidewalk clearing.
• Important maintenance work on roads, bridges, parks, stormwater systems and trails.
• Roadway rehabilitation across the city including the Ninth Line widening project.
• Design of new Fire Stations 127 (Lorne Park) and 128 (North Lakeview), both targeted to open in 2029.

Ensuring vibrant spaces and green initiatives

• Construction of the new Glenforest Youth Hub, targeted to open in Q1 2028.
• Ongoing construction to renovate South Common Community Centre and Library, anticipated to re-open by the end of 2027 with new amenities including a new aquatics centre, new gymnasium and an updated library.
• Parkland and hybrid bus acquisitions (78 buses planned).

Supporting families, youth and seniors

• A wide variety of recreation programs for all ages and abilities.
• Free fitness memberships for residents 65+ and free fares for seniors and children up to age 12 who use PRESTO.
• Flood prevention and relief assistance.

Visit mississauga.ca/budget for more details.

Budget Committee meeting recaps

View Budget Committee recaps for more background information, including links to service area presentations:

• Recap of January 20 Budget Committee meeting
• Recap of January 13 morning Budget Committee meeting
• Recap of January 13 evening Budget Committee meeting
• Recap of January 12 Budget Committee meeting

Quotes

“Mississauga residents provided candid feedback to help shape the 2026 Budget, and the City listened and responded to keep the tax increase minimal and under the current rate of inflation. This was possible through smart, responsible solutions such as finding savings and efficiencies, pausing non-essential investments and is supported by the City’s existing strong, financial position. I wish to thank my Council colleagues, City staff, community groups, businesses and residents for their active engagement on the budget to keep the city moving forward.” – Mayor Carolyn Parrish

“Mississauga’s growing population expects high-quality services, a well-maintained city and vibrant economic opportunities. The 2026 Budget delivers on all fronts and is aligned to achieving the City’s Strategic Priorities. City staff across all departments have collaborated effectively for a budget that responded to the community’s wish to keep taxes minimal, while continuing to provide more than 200 programs and services to make life better for everyone.” – Geoff Wright, City Manager and Chief Administrative Officer

“Navigating many economic challenges, the City has created a budget that is transparent in process, strategic in approach and maintains our solid financial position. The 2026 Budget invests in key services and programs that the community relies on and will continue to maintain important infrastructure as our city and economy grows in size and impact.” – Marisa Chiu, Commissioner and City Treasurer, Corporate Services

Tags

• Budget and Taxes
• Finance and Revenue