Mississauga council has passed its 2020 budget, with a spending increase of $26.3 million over last year.
For a residence assessed at $688,000, the increase works out to an $88 hike, or 1.6 per cent, of the Mississauga portion of property taxes. Combined with the Peel Region increase of 1.64 per cent, or $90, residential property taxes in Mississauga are slated to go up 3.24 per cent.
On a residence assessed at $688,000, the property increase would come in around $178.
According to the city’s budget book, the increases will help pay for various service enhancements such as hiring 22 new transit operators and adding 32,600 more MiWay service hours.
