For the first time since amalgamation, the City of Toronto will begin consideration of the 2008 Operating Budget with a balanced budget.
The recommended Operating Budget protects existing services and contains important new investments in the City’s highest priorities.
The day-to-day operation of City services is paid for from the City’s operating budget – the money dedicated to salaries and operating expenses such as rent, fuel, electricity, equipment, etc. The City, like everyone else, must pay the increased costs of fuel and electricity and other services when these costs rise. The delivery of City services such as police, fire, emergency medical services, TTC, waste collection and recycling, libraries, parks and recreation, child care and many others are paid for through the City’s Operating Budget.
2008 Recommended Operating Budget