City Of Toronto 2015 Budget Approved

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City Of Toronto 2015 Budget Approved

On March 11, 2015 our City Council approved the 2015 budget and since it’s your money they’re spending – you might want to know where it’s going.

This year, for a budget of $11.4 billion, the property tax rate increased by by 2.75%, which will result in an estimated $83 more dollars per household over last year. Council voted to increase water rates by 8%, solid waste rates by 3% as well as a reduction in the rebate program for this service.

There are some good summaries, info-graphics and more detailed documents available on the City’s website.

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