Mississauga residents will see two-per-cent increase to annual fee as part of 2021 Budget
The City of Mississauga has announced the approval of the 2021 Budget and 2021-2024 Business Plan will follow the Region of Peel's budget approval.
Regional Council will begin regarding operating and capital budgets on Thursday (January 28).
The City presented an overview of the 2021 Budget on November 23, 2020--it includes financial recovery strategies to offset budget pressures due to the pandemic, such as a reduction in discretionary spending, a return to normal fee schedule and collection as soon as possible, a critical assessment of capital expenditures, and collaboration with other municipalities to seek assistance from higher levels of government.
Additionally, residents can expect an increase to the Stormwater Charge, which has been added to the 2021 Budget and will be separate from property taxes.
The rate increase for this has been set at two per cent, meaning the average resident can expect to pay an additional $2.20 or less for the year.
Further, the budget will include new and increased fees and charges for 2021, including fees for Recreation and Parks, Forestry and Environment programs--these new fees are expected to bring in an additional $1.9 million--these fees won't include an increase for transit fares.
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