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's budget and finances.

2024 Budget - Getting Toronto Back on Track

City Council adopted the 2024 City Budget at a special budget meeting on February 14th, 2024.

This is Mayor Chow's first budget. It makes historic investments in housing, support for tenants, transit and puts us on a path toward a more affordable, caring and safe Toronto.

A record number of Toronto residents participated in the budget this year. The city received 16,000 surveys responses and 38,000 people joined Mayor Chow on her telephone budget town halls.

Many also attended local budget meetings, including my Budget Town Hall in January with Mayor Chow and Councillor Shelley Carroll, the Budget Committee Chair.

The budget also contains significant measures to address the $1.8 billion budget deficit Mayor Chow inherited from her predecessor and get the city back on track after years of decline, underinvestment and pandemic-induced pressures on city services. 

I'm proud to have supported the game-changing investments in Mayor Chow's budget to protect and improve the services we rely on.

Read my update on the 2024 Budget to learn more.

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

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:

Toronto Island flood repairs to cost $7.4M


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 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

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