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October 13, 1998

Ms. Novina Wong

Clerk

City of Toronto

Station 1071, 7th Floor

Metro Hall

55 John Street

Toronto, Ontario

M5V 3C6

Dear Ms. Wong:

At its meeting on Wednesday, October 7, 1998, the Commission approved the following motion:

"Whereas provincial subsidies for the TTC will run out in 1999;

Whereas the City will have to overcome a yearly average shortfall of about $180 million;

Whereas the annual sum required is unacceptable in terms of placing the cost on the property tax system;

Therefore be it resolved that the TTC supports an alternative funding mechanism including a gasoline tax dedicated to public transit or from a dedicated portion of the existing gasoline taxes;

Be it further resolved that this motion go to City Council through the Urban Environment and Development Committee for endorsement;

Be it further resolved that the Province be requested to either provide enabling legislation to the City of Toronto or to establish such a tax itself, with monies directed to Municipalities' Public Transit Systems; and

Be it further resolved that TTC staff prepare a report supporting such an initiative, such report examining potential yearly incomes and comparisons with other jurisdictions where similar tax is imposed."

The foregoing is forwarded to the Urban Environment and Development Committee and City Council for necessary action and endorsement, as noted above.

Sincerely,

Vincent Rodo

General Secretary

1-64

 

   
Please note that council and committee documents are provided electronically for information only and do not retain the exact structure of the original versions. For example, charts, images and tables may be difficult to read. As such, readers should verify information before acting on it. All council documents are available from the City Clerk's office. Please e-mail clerk@city.toronto.on.ca.

 

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