City services impact your life every day. Each time you visit a recreation centre, borrow a book from the library, have your garbage or recycling picked up, drink clean water from the tap, ride the TTC or have emergency services rush to your aid – you are using a City of Toronto service.

That’s why the City’s budget is so important – it’s about setting our collective goals and building a great city. It determines the level of service provided to Toronto residents and guides decisions on what City infrastructure will be purchased, built and repaired.

Learn more about the City budget online here:
https://www.toronto.ca/city-government/budget-finances/city-budget/

2021 Budget

The City’s Budget Committee has begun the process of reviewing the staff-recommended tax-supported operating and capital budgets for 2021. The budgets will be reviewed and debated by the Budget Committee and the Executive Committee before being finalized and approved by City Council at its meeting on February 18, 2021.

On February 1st, 2021, Councillor Fletcher hosted the East End Budget Consultation with Councillor Bradford virtually on Zoom. The meeting included a presentation by Stephen Conforti, Executive Director, Financial Planning Division, and a Q&A session. Over 100 people attended and provided their comments and feedback. Thank you to everyone who participated.

Watch a video of the meeting here:

City of Toronto launches 2021 tax-supported budgets

Today, the City of Toronto's Budget Committee began the process of reviewing the staff-recommended tax-supported operating and capital budgets for 2021. The budgets will be reviewed and debated by Budget and Executive Committees before being finalized and approved by City Council at its meeting on February 18.

The City has experienced significant financial impacts in the form of both added costs and revenue losses as a direct result of the COVID-19 pandemic. These impacts are expected to continue into 2021, with anticipated financial pressures of approximately $1.6 billion.

City Council approves 2021 rate-supported budgets with the largest annual capital investment in Toronto Water’s history

Toronto City Council has approved the 2021 rate-supported operating and capital budgets for Toronto Water, Toronto Parking Authority and Solid Waste Management Services. The approved budgets maintain current service levels and make critical investments in infrastructure while reducing planned rate increases to just 1.5 per cent.

The 2021 operating and capital budgets have been developed with the guiding principles of addressing financial challenges that have been created by COVID-19, prioritizing initiatives that will support economic restart and recovery efforts, and embedding equity by finding opportunities to make the city more fair and livable for those who live and work here.

City of Toronto launches 2021 rate-supported budgets

The 2021 staff-recommended rate-supported operating and capital budgets were launched at Budget Committee today. The City of Toronto has three rate-supported programs funded through user fees: Toronto Water, Solid Waste Management Services and the Toronto Parking Authority.

The City of Toronto, consistent with other large Canadian municipalities, has experienced significant financial impacts in the form of both added costs and revenue losses as a direct result of the COVID-19 pandemic. These unprecedented impacts are expected to continue into 2021, with anticipated financial pressures of approximately $1.8 billion.

Budget 2018

The 2018 Budget website includes the budget presentations, budget schedule, media releases, fact sheets and Budget Notes for each City Program and Agency as well as infographics and animation educational videos. Visit www.toronto.ca/budget2018.

You can find various materials and publications to learn more about the City budget and the budget process. They include the Preliminary Budget Overview and three Budget Basics publications which can be found here: https://www.toronto.ca/city-government/budget-finances/city-budget/basic-basics/.

Toronto Island flood repairs to cost $7.4M

BY NEWS STAFF

POSTED JAN 10, 2018 6:44 PM EST

Repairing the damage from the flooding in Toronto last year will cost $7.4 million — most of which the city will defer until at least 2019. That means when you set foot back on the Toronto Islands in a few months, it won’t be fully back to normal. Melting snow and intense rain last spring caused the worst flooding

Budget Subcommittees - Public Presentations on the 2018 Capital and Operating Budgets

The Budget Subcommittees will hear Public Presentations on the 2018 Capital and Operating Budgets at the locations and times listed below.

Members of the public may register to speak at one of these meetings by emailing [email protected] or by calling 416-392-4666, indicating the specific location and time.

Visit toronto.ca/budget2018 for further information on the Budget.

Residents invited to join discussion about Toronto’s 2017 budget

Residents invited to join discussion about Toronto’s 2017 budget. The City of Toronto's Budget Committee will hear public presentations on the preliminary 2017 tax supported budgets next week. Members of the public can make a presentation at sub-committee meetings on January 5, 9 or 10 at locations across the city. Two sessions will be held at each of the six locations listed below.Torontonians who want to share their views on the budget are asked to register by emailing [email protected] or by calling 416-392-4666

Sign Up for Updates
Upcoming Events

Connect with us