Report card · Fall 2026
City of Mississauga
Calendar year 2025. The short version first, then every figure behind it, from the audited financial statements.
The short version
In 2025, City of Mississauga spent $1.3 billion. That was 7.1% more than the budget figure in its audited statements.
Its independent auditor (Deloitte LLP) signed off on the accounts without reservation.
The auditor signed off 90 days after the year ended.
Where every dollar went
Of every dollar City of Mississauga spent in 2025, as the government groups its spending.
- 39¢ Transportation services
- 19¢ General government services
- 19¢ Recreation and cultural services
- 16¢ Protection services
- 4¢ Planning and development services
- 3¢ Everything else
What went off plan
The areas furthest from their budget, in dollars. Going over isn't automatically bad (an emergency or a program added during the year can be the reason), and coming in under can mean delayed work.
Over budget
- Transportation services +$57 million (13.0%)
- General government services +$39 million (18.7%)
- Protection services +$7.3 million (3.9%)
Under budget
- Recreation and cultural services −$20 million (−7.4%)
- Environmental services −$4.9 million (−13.3%)
Context from the documents
- Council approves the budget on a different accounting basis; the budget figures in the audited statements convert it to full accrual accounting. We show spending against that figure but do not rate it.
- Mississauga changed auditors: its 2024 statements were audited by another auditor, as the auditor's report notes.
- The release date used is the date of the auditor's report.
Questions worth asking
Based only on the figures above. Put them to your councillor or candidates, or to the finance department.
- Spending came in 7.1% above the budget figure in the audited statements. How does that compare with the budget Council approved, and what caused it?
- Transportation services cost $57 million more than budgeted (13.0% over). What was the reason?
Every figure behind this page, exactly as published, with the page it came from.
We extracted these figures from a PDF: The Corporation of the City of Mississauga, Consolidated Financial Statements, December 31, 2025. They are shown exactly as published, in thousands of dollars, with the page each one came from. Check them against the official document .
The year in figures
Actual results against the budget printed in the same audited statements. Amounts in thousands of dollars. Debt and accumulated balances are shown as positive amounts; the label says which they are.
| Item | Actual | Budget | Difference | Where we found it |
|---|---|---|---|---|
| Total revenue | 1,698,201 | 1,451,416 | +246,785 +17.0% | Actual: Page 6 (PDF 8) Budget: Page 6 (PDF 8) |
| Total expenses | 1,273,523 | 1,189,440 | +84,083 +7.1% | Actual: Page 6 (PDF 8) Budget: Page 6 (PDF 8) |
| Annual surplus (deficit) | +424,678 | +261,976 | +162,702 | Actual: Page 6 (PDF 8) Budget: Page 6 (PDF 8) |
| Net financial assets | 1,055,475 | 1,461,426 | −405,951 −27.8% | Actual: Page 5 (PDF 7) Budget: Page 7 (PDF 9) |
| Accumulated surplus | 11,109,788 | — | — | Actual: Page 5 (PDF 7) |
| Interest expense on debt | 9,498 | 9,196 | +302 +3.3% | Actual: Page 29 (PDF 31) Budget: Page 45 (PDF 47) |
Spending by area
Expenses by sector or function, as the government groups them, in thousands of dollars. The thin line marks the budget.
Audit and release
- Auditor
- Deloitte LLP
- Opinion
- Unmodified (clean)
- Audited results released
- March 31, 2026
- Days after year end
- 90
Source documents
We link to the official documents rather than republishing them. We kept a copy of each, as downloaded, so these figures can be re-checked even if a link changes.
Right of reply
No response from City of Mississauga has been published yet.
City of Mississauga can respond to this section. We confirm every response by phone before publishing it, then publish it here in full, unedited. If you find an error, tell us through the contact form on our About page. Corrections are noted on the page; figures are never changed silently.
Respond on behalf of City of Mississauga
Figures collected and checked November 6, 2026.
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