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Long Range Financial Plan

Summary – Municipal

Summary – Municipal Levy, Property Taxes and Affordability The following table is an excerpt from BMA’s review of the City’s financial condition. 35

Current Financial Information 2016 Operating Budget Figure 24 provides a breakdown of the City’s 2016 major gross operating expenditure categories. These gross operating expenditures are offset by a variety of revenues, shown in Figure 25. The net impact results in the net operating budget ($435.3M in 2016). This net budget is funded through property taxes levied by the municipality on property owners in the City of Mississauga. Figure 24 – Operating Expenditures by Service Area ($Ms) Figure 25 – Major Categories of Revenues ($Ms) Excluding Property Tax Revenues 36