2.3% tax hike in 2024 for Mississauga residents as city passes budget | insauga

Mississauga residents will experience a 2.3% tax increase in 2024 as part of the city's budget. This translates to an average increase of $151 for homeowners. Additionally, the Region of Peel has approved a 4.9% increase, resulting in a total property tax hike of 7.2%. Utility costs will also rise by 6.8%, adding an extra $78 per year for residents. The budget focuses on infrastructure investments, including transit, roads, and emergency services. The city has found savings and efficiencies to minimize the tax increase.

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