Public Consultations for the 2013 Development Charges Review
On Thursday, May 9 at North York Civic Centre and on Monday, May 13 at Metro Hall, from 7 to 9 p.m., the City of Toronto will be holding public consultations for the 2013 Development Charges Bylaw review. Click here for information on how you can participate.
2013 City Budget
On January 16, City Council approved the 2013 Tax Supported Operating Budget and the 2013-2022 Capital Budget and Plan. With over 160 different services, how City Council establishes the City's budget and priorities affects the quality of life for every resident. More information
2011 Financial Report
The City's 2011 Financial Report is now online. This report includes our 2011 consolidated financial statements and statistical information. View the full report.
S&P reaffirms City's credit rating of AA with stable outlook
On an annual basis, credit rating agencies assess the City's financial condition by comparing it with other cities and regions in quality of management, strength of economy, level of reserves, condition of assets and debt levels. See report from Standard & Poor's Ratings Services.
City maintains stable credit rating for global markets
International investors service firm Moody's has reaffirmed the City of Toronto's stable credit rating of Aa1 for the tenth consecutive year. The rating confirms that City bonds represent excellent value based upon the City's positive operating results, its fiscal discipline, budgetary surpluses generated over the last several years, its diverse and strong local economy and the strong credit ratings.
View a report from Moody's Investors Services.
News Release
Senior staff expenses available online
Business expenses for senior management and division heads are now posted online. These expenses, which include business travel, conferences and training, hospitality and protocol, will be published semi-annually, commencing with the 2011 calendar year. More information
2012 City Budget Summaries
Local government provides services that have the greatest impact on your quality of life. View a summary of the 2012 City Budget to find out where money goes and comes from for each City program and service. The Summary also offers information about the City's financial condition and performance and its plans to build an sustainable, affordable and well-managed city.
Updated site: Making a claim against the City
If you believe that the City has been negligent in its maintenance of City facilities, roads, trees and sewers, which has caused bodily injury or damage to your property, you can file a claim against the City of Toronto. More information
Purchasing Card (PCard) Transactions
At its April 12 and 13, 2011 meeting, City Council approved the online publication of expenses made through the City Purchasing Card (PCard) to commence in July 2011. The most recent PCard expense reports are available on the City's Open Data page.
Council PCard expenses are not included in this report. Councillor expenses are disclosed separately through the quarterly Councillor Office Expense Reports.
PCard expenses for the Offices of the Auditor General, Integrity Commissioner, Lobbyist Registrar and Ombudsman are not included as part of this report. PCard expenses for these offices are posted separately on the websites of the Offices of the Auditor General, Integrity Commissioner, Lobbyist Registrar, and Ombudsman. Read more about the City's PCard program.
Year-End Variance Report for the 2010 Operating Budget
As part of the City's accountability framework, quarterly and year-end operating variance reports are submitted to Committees and Council. Read Report
Toronto's Progress: How your City is doing
The City of Toronto continually strives to improve service delivery to our residents. See how we're doing in relation to other Ontario municipalities and beyond. More information
Long Term Fiscal Plan Update
The Long Term Fiscal Plan continues to support City Council's vision for a fiscally sustainable City with significant progress acheived since the 2005 report. More information.
Development charges for the City of Toronto
Development charges assist in financing capital infrastructure required to accommodate growth; they are administered in accordance with requirements of the Development Charges Act, 1997. Read information on how development charges affect City developers.