City Publishes 2016 Proposed Business Plan and Budget
Local government | November 19, 2015
The City of Mississauga’s 2016 Proposed Business Plan and Budget is now available online at mississauga.ca/budget. The 2016 Proposed Business Plan and Budget details what will happen with City services in 2016 and how they will be financed.
Highlights of the 2016 Proposed Business Plan and Budget
The total operating budget proposed for 2016 is $723.1 million. This amount is offset by revenue from various sources (e.g. transit fares and recreation fees) totalling $289.4 million. The amount that is not offset by these revenues is the net operating budget.
The net operating budget proposed for 2016 is $433.7 million, compared with $412.9 million in 2015. 2016’s proposed net operating budget is approximately $21 million more than the 2015 net operating budget.
Almost all the budget proposed for 2016 (about 96 per cent or $418.4 million) is there to keep our vibrant City’s services running at current levels. This includes services like:
MiWay – Ontario’s third largest municipal transit service, MiWay customers boarded a bus more than 52 million times last year
Fire and Emergency Services – responding to emergencies and visiting more than 30,000 residences last year to promote fire safety
Roads – keeping motor vehicle, pedestrian and bike traffic moving on the City’s more than 5,220 lane kilometres of roadway
Parks and Forestry – maintaining our City’s 2,903 hectares of parkland and open space, including one million City-owned trees, two marinas and 10 publicly owned cemeteries
The Central Library and 17 branch libraries – lending residents 6 million items last year
Recreation – last year providing 166,000 hours of recreation programming like swimming, fitness, skating and more
Expenses related to the Stormwater Program have been removed from the City’s operating budget ($6.7 million). Starting in 2016, Stormwater Program expenses will be funded by the revenue from the Stormwater Charge. This dedicated funding will be used to keep the City’s draining system in good working order.
New service accounts for between one and two per cent of the proposed budget, or about $7 million. As the City advances its strategic plan, new service includes:
continuing the low-income transit pass pilot
adding 28,000 transit service hours
opening three new Mississauga Transitway stations – when completed in 2017, the Transitway will move riders from the west end (Winston Churchill station) to the east (Renforth Gateway station) or vice versa in 20 minutes
increasing the City’s fire prevention efforts by adding capacity for public education and plans examination
improving the City’s disaster resilience
improving the Library’s collection and completing the Woodlands and Meadowvale libraries redevelopments
promoting our City as a tourism destination
reopening the extensively renovated Meadowvale Community Centre
beginning Phase I design and construction of a community centre for Park 459 in Ward 10
The overall tax impact on residents is 2.6 per cent on the 2016 residential property tax bill. Of this, 1.7 per cent is for the City’s services, and 0.9 per cent for Region of Peel services.
For the owners of an average, detached, single family home in Mississauga (value $535,000), a 2.6 per cent overall tax increase comes to about $121. Of this, approximately $78 goes to the City.
Starting on November 23, the City of Mississauga’s Budget Committee will begin deliberations on the 2016 Proposed Business Plan and Budget. Deliberations will continue November 24 and 30 as well as December 1 and 2. The Budget Committee meeting schedule may change. Please visit the Council and Committee Calendar Listings for up-to-date information.
Residents of Mississauga can get involved and have their say on the City’s 2016 budget process.