On December 9, 2015 Council approved a 2016 Business Plan & Budget for the City of Mississauga.
Where the City gets money
The City only gets 1/3 of every property tax dollar collected.
The City only gets 1/5 of every commercial/industrial tax dollar collected.
October 6, 2015 — The Mississauga Vital Signs 2015 report has been released, the 3rd such report since 2011 from the Community Foundation of Mississauga.
“Mississauga’s Vital Signs 2015 measures the quality of life in our community, identifies trends and shares opportunities for action. Mississauga’s strengths and most pressing needs are examined across ten distinct indicators: safety, health and wellness, learning, housing, getting started in our community, arts and culture, environment, the gap between the rich and the poor, work, and belonging and leadership. The report helps our community identify where we are doing well and where we want to target philanthropy for greatest impact.”
NOTE: 200,000 copies of the report will be distributed with the Mississauga News on Thursday, October 8, 2015.
► View the Mississauga Vital Signs 2015 report (4p PDF)
► Mississauga News article (October 6, 2015): Mississaugans squeezed by double whammy of high house prices and low incomes: Vital Signs report.
Excerpt: “Rising house prices coupled with income inequality and increasing poverty in Mississauga is a growing concern, according to a new report. The Community Foundation of Mississauga officially released its 2015 Vital Signs report this morning that delved into existing data to present an in-depth look at Canada’s sixth largest city…The report found that the cost of housing in Mississauga is already sky-high and it’s only getting more expensive, noting the average price of a detached home in Mississauga was $844,679 as of May….Affordable housing continues to be a major issue. In 2013, there were 1,349 affordable housing units in Peel with 12,630 households on the waiting list as of last year. It’s estimated that the average wait time for a three or four bedroom unit is 11 years. Meanwhile, poverty is also on the rise. It’s believed that 18.6 per cent of Mississauga’s estimated population of 757,000 is living in poverty and that 21.7 per cent of the city’s children are considered poor. About 32 per cent of all single-parent families are living in poverty and 11.6 per cent of seniors are classified as poor.”