Tag Archives: Budget 2017

Mississauga’s Budget Committee Approves 2017 Business Plan and Budget 

Today, Mississauga’s Budget Committee approved the 2017 Business Plan and Budget. The impact of the budget is a $94 increase on the City’s portion of the property tax on an average residential property valued at $564,000.

“Mississauga’s 2017 Budget is a strong financial plan that invests in our city’s future while delivering the services residents rely on every day,” said Mayor Bonnie Crombie. “We heard from residents about their spending priorities that include transit and traffic management. We have taken action by putting forward a solid budget to expand transit and improve traffic management, enhance and grow our infrastructure, invest in technology and support our arts and culture.”

In 2017, Mississauga residents will see 56,000 more transit service hours, completion of the Mississauga Transitway with four more stations opening in 2017, along with road, traffic and other infrastructure improvements. This is in addition to the services residents expect including fire and emergency services, winter road maintenance, libraries, recreation programs and parks and forestry.

“Our ongoing commitment to fiscal responsibility and continuous improvement helps us build on our progress and advance our priorities,” said Janice Baker, City Manager and Chief Administrative Officer. “We have realized $4.1 million in cost savings, which is equivalent to reducing the City tax levy by 0.9 per cent. We are investing our limited resources wisely on improvements for transit, infrastructure and technology.” Continue reading Mississauga’s Budget Committee Approves 2017 Business Plan and Budget 

City’s Proposed 2017 Business Plan and Budget Now Available Online

The City of Mississauga’s 2017 proposed Business Plan and Budget is now available online at mississauga.ca/budget. The proposed 2017 Business Plan and Budget details program and service enhancements for 2017 and how they will be financed.
Highlights of the proposed 2017 Business Plan and Budget

  • The total operating expenditure budget proposed for 2017 is $759.4 million. This amount is offset by revenue from various sources (e.g., transit fares and recreation fees) totalling $296.7 million. The amount that is not offset by these revenues is the net operating budget.
  • The net operating budget proposed for 2017 is $462.8 million, compared with $435.3 million in 2016. 2017’s proposed net operating budget is approximately $27.4 million more than the 2016 net operating budget.
  • Almost all the budget proposed for 2017 (about 96 per cent or $446.2 million) is there to keep our City’s services running at current levels. This includes services such as:
    • MiWay – Ontario’s third largest municipal transit service, MiWay operates 81 routes with 468 buses. Customers board a MiWay bus over 54 million times per year
    • Fire and Emergency Services – responding to emergencies, conducting fire safety inspections and visiting more than 44,000 residences last year to promote fire safety
    • Roads – keeping motor vehicle, pedestrian and bike traffic moving on the City’s more than 5,200 lane kilometres of roadway
    • Parks and Forestry – maintaining our City’s 3,120 hectares of parkland and open space, including one million City-owned trees, 368 sports fields, 263 playgrounds, two marinas and 10 publicly owned cemeteries
    • The Central Library and 17 branch libraries – managing 4.8 million in-person visits and 6.4 million items loaned last year
    • Recreation – providing over 166,000 yearly hours of recreation programming that includes swimming, fitness, skating and more, and accommodating over 12 million visits to recreation facilities
  • New service accounts for between one and two per cent of the proposed budget, or about $5.7 million. As the City advances its strategic plan, new services include:
    • continuing the MiWay service growth and adding 45,000 service hours
    • continuing implementation of the Advanced Transportation Management System to mitigate traffic congestion
    • enhancing sidewalk maintenance to eliminate the City’s repair backlog
    • relocating the Square One Older Adult Centre to continue service to Mississauga’s older adults
    • increasing support to culture groups and local artists to provide better services that reach more people
    • expanding year-round programming and enhancing winter events at Celebration Square to attract tourism and continue vibrancy in the downtown through the winter
    • improving the Library’s collection to support the City’s population growth
  • The overall tax impact on residents is a 2.98 per cent increase on the 2017 residential property tax bill. Of this, 1.98 per cent is for the City’s services, and 1.0 per cent for Region of Peel services.
  • For the owners of an average, detached, single family home in Mississauga (value $564,000), a 2.98 per cent overall tax increase comes to $147, before any phased-in assessment change.

Continue reading City’s Proposed 2017 Business Plan and Budget Now Available Online

Have Your Say on Spending the City Budget

The online budget allocator lets residents choose their preferred spending option on selected City services.

From roads and recreation programs to fire and emergency services, City services impact people’s lives every day. Decisions about City services drive the budget. Residents can use the allocator to test different spending options and then choose one for each service area.

“The budget allocator is a great way for residents to learn more about City services and their cost, and tell us about their priorities,” says Jeff Jackson, Director of Finance and Treasurer. “It is an opportunity to share their priorities in a way that gets people involved in their City’s business planning and budgeting process.”

Mississauga’s online budget allocator for the 2017 Budget is now available at mississauga.ca/budget.

Results received from the allocator by November 4 will be shared with Budget Committee on November 28. The results will help inform the committee’s review of the 2017 proposed Business Plan and Budget. Continue reading Have Your Say on Spending the City Budget