The City of Mississauga released its proposed 2026 budget on Tuesday, recommending a 1.61 per cent increase on the city's share of the property tax bill.

Combined with Peel Region's 3.60 per cent portion, the overall increase on a Mississauga property tax bill would be 5.21 per cent if council adopts the plan as proposed. The city says that is four per cent less than the 2025 increase.

The proposed 2026-2029 Business Plan and 2026 Budget is now posted at mississauga.ca/budget for residents, businesses and community groups to review and comment on.

Savings and paused levies

City staff said they found $17.4 million in budgeted savings by deferring expenses, cutting budgets and increasing revenue, which offset the overall 2026 budget increase by 2.33 per cent.

The plan also proposes a one-year cut to the Capital Infrastructure and Debt Repayment Levy, from three per cent to one per cent, while still carrying out important infrastructure repairs. Staff are also recommending a one-year pause on the one per cent levy for the Public Safety Fire Program.

Mississauga's 2026 Budget places taxpayers at the heart of our efforts to find cost savings, deliver the high-quality programs that our residents rely on and takes a purposeful pause on non-essential investments to give respite to taxpayers in these difficult economic times.

— Carolyn Parrish, Mayor of Mississauga

Where the money goes

The city says it keeps 37 cents of every property tax dollar it collects. Another 48 cents goes to Peel Region for police and other costs, and 15 cents goes to the province for education. Items the city highlights in its budget include:

  • Parkland and hybrid bus purchases, with 78 buses planned

  • Continued renovation of South Common Community Centre and Library, expected to reopen by the end of 2027 with a new aquatics centre, a new gymnasium and an updated library

  • Road rehabilitation across the city and the Ninth Line widening project

  • Design of Fire Stations 127 (Lorne Park) and 128 (North Lakeview), both targeted to open in 2029

  • Construction of the Glenforest Youth Hub, targeted to open in the first quarter of 2028

  • Free fitness memberships for residents 65 and older, and free fares for seniors and children up to age 12 who use PRESTO

  • Expanded winter maintenance, including citywide windrow and sidewalk clearing

How to weigh in

Budget Committee will meet in council chambers at City Hall, 300 City Centre Dr., on Monday, Jan. 12 at 9:30 a.m. and Tuesday, Jan. 13 at 9:30 a.m. and 6 p.m., with another session set for Jan. 20. Residents can register in advance to speak, email budget@mississauga.ca or call 311. The meetings will also be live streamed, and the city has scheduled a special council meeting to adopt the budget on Feb. 4.

In previous years, the city held its budget discussions in late fall. The city has said the January timeline lets council consider the full impact of Peel Region's budget, including the cost of policing, before setting its own plan.