City of Toronto
On January 17, 2012, Toronto City Council approved a balanced 2012 Operating Budget of $9.4 billion and a 2012-2021 Capital Budget and Plan of $14.8 billion. The 2012 Operating Budget includes a 2.5 per cent property tax increase for residents, a 0.83 per cent tax increase for businesses and a 10-cent fare increase for TTC customers. Separate capital and operating budgets for water and solid waste services were introduced on November 10 and were approved by Toronto City Council on November 29, 2011.
Looking for the budget?
Budget information for each program and agency, board and commission is located in both the Operating Analyst Notes and Capital Analyst Notes in the 2012 City Budget Summaries.
- Staff Recommended 2012-2021 Tax Supported Capital Budget & Plan
- Staff Recommended 2012 Tax Supported Operating Budget
- Capital Analyst notes
- Operating Analyst notes
- Toronto Water Analyst notes
- Solid Waste Analyst notes
- 2012 Toronto Water and Solid Waste Budgets
- Public Notice for Proposed Changes to User Fees
Participate in Budget 2012
- Raw Data now available:
- 2012-2021 Staff Recommended Capital Budget & Plan by Ward - This dataset identifies the current year recommended capital budget and nine-year plan budget for City of Toronto projects by City wards starting in 2012
- 2012 Staff Recommended Operating Budget - Program Summary by Expenditure Category This dataset identifies the recommended operating budget by expenditure category for 2012
- About the City's Open Data initiative and toronto.ca/open
What's happening now
On January 17, 2012, Toronto City Council approved a balanced 2012 Operating Budget and a 2012-2021 Capital Budget and Plan. View the staff reports.
- Mayor Ford's Remarks to Executive Committee, January 12, 2012
- Operating Variance Report for the Nine-month Period Ended September 30, 2011
- 2012 – 2021 Budget Committee Recommended Tax Supported Capital Budget and Plan - Corporate Report
- 2012 Budget Committee Recommended Tax Supported Operating Budget - Corporate Report
- Update on the Core Service Review and Service Efficiency Studies
- Comprehensive User Fee Review
- Budget Committee Request: Option to Offset Service Reductions to Programming at Community Centres and Student Nutrition Program as a Result of Final 2012 Assessment Growth
- 2012 Property Tax Rates and Related Matters
As issues are considered, briefing notes are prepared to make informed decisions.
2012 City Budget Summaries
Find out where money goes and comes from for each City program and service.
The City's taxation measures are used to sustain and enhance essential programs and services that are vital for a prosperous Toronto.
Long term financial plan
An update to the Long Term Financial Plan will be made to the Budget Committee on December 9, 2011. The updated plan will continue to support City Council's vision for a fiscally sustainable City
City of Toronto's current and past Budget Summary Reports, reflecting the 24-hour / seven-day role that City government plays in protecting residents and delivering services.
City of Toronto's small businesses are now benefiting from changes being made to the City's property tax policies.