Abstract: A mixing valve is shown for mixing a concentrate fluid with a diluent fluid in a desired ratio. A single actuator is used to open and close both the diluent and concentrate flows by operation of a shaft. A diaphragm extends around the shaft and defines fluidly separate upper and lower chambers within a valve body. Inlets to the upper and lower chambers are connected to sources of the concentrate and diluent, respectively. The upper and lower chambers each have outlets fluidly connected to a mixing and dispensing nozzle. The actuator moves the shaft from a fully extended closed position to an intermediate t retracted open position to open the lower chamber outlet to the mixing nozzle to initiate diluent flow. The actuator is then moved to a fully retracted position and then reciprocated between the fully retracted and intermediate retracted position whereby the diaphragm serves to pump the concentrate from the upper chamber to the mixing nozzle.