It’s time for the all of us to starting thinking and organizing about the kind of City we want. On Friday, the City starts work on setting the budget for next year. It will be a budget unlike any that we have ever done before. Because of the pandemic the City’s revenues are way down at exactly the moment when we need to invest more.
The first step in City budgeting is to look at our “rate supported” budgets. These are budgets for our water system, garbage and recycling, and the Toronto Parking Authority. They are done separately because we fund them without using property taxes. The drafts for these will be out Friday and I will keep you informed on them as we go.
The main budget will be discussed in January and February. As I said this will be the place where we make the big decisions about the kind of City we will be post pandemic. I will be hosting a virtual town hall on the in the coming weeks. Hope to see you there.
My office can be contacted for any Ward 4 or City-related matter at email@example.com .