John Tory's budget to boost taxes 3.2%.
- Thread starter boodog
- Start date
Once again it's obvious you didn't read about the service restorations and increases. More subway trains, more all night routes. More buses to come.
And that's just the TTC stuff. Do you see how you are failing. I see posters from both sides who agree with most of the budget. Really it's just you, the Rob Ford groupie and Anbarandy the city union guy. That's about it.
Your attempts to end run around, to try to tarnish good policy are so transparent. Here is the deal. I don't care who does the job, as long as the job gets done. I trusted Ford to do it in 2010 and he failed. So I looked at the next group and saw Tory as the best choice. There will be, no doubt, times when I shake my head. But I expect many more where I say right on! And many where I say, met, I can live with that.
That's reality. My "Lord and Master?". Hardly. He is the civil servant who I chose to hire to be the Mayor.
BTW. Glad Ford is bitching like crazy for three reasons. One. Occasionally he will be right and hopefully change something. But more importantly his opposition will automatically draw votes to Tory in the council, just the principle.
And finally because if he runs in 2018 it will mean most likely(barring a royal screwup on his part) Tory's re-election.
So keep up the good work Boo. The more you post the more the readers are reminded of what an ass both Ford and his Hardcore Nation types are.
Are property tax increases normally presented the way this budget has been, with the 2.25% + + + + ? All previous budgets would have a component for infrastructure. It seems odd that Tory's new budget has separated the previous budget's subway extension component, but not other infrastructure components. If Tory's smart track is approved, and requires a 4% property tax increase, will future budgets also separate that component.
Seems we are being played, with tax increases being a number +++, and gas taxes called carbon taxes, etc.
Seems we are being played, with tax increases being a number +++, and gas taxes called carbon taxes, etc.
The Scarborough subway is the driving force behind tax hikes. It is separated out because it is such a huge amount of money voters deserve to see it on its own.
The worst part is it's a subway to nowhere that no one will use, we are getting nothing for our money.
The worst part is it's a subway to nowhere that no one will use, we are getting nothing for our money.
Think the cost of labor is the bulk of the budget, why is not the component for pay increases to government workers also separated out? The cost of pension increases?
Miller's team purchased costly new street cars, but that component of the budget was not separated out.
At least the streetcars will be heavily used, we will get our money's worth on those. The subway is going to lose oodles of money even on its operating costs. It is going to be a drag on city finances for decades. It will never even attract enough riders to pay its operating costs never mind a return on capital invested.
Plus that is just assuming it hits its projected budget and ridership. Odds are those forecasts are wrong and it will cost more and earn less.
Going forward the subway will be why Toronto won't be able to afford to fix highways, fill potholes, or get garbage picked up on a reasonable schedule. It is a boondoggle that will result n high taxes and poor services for thirty years
Yes.........almost.
City of Toronto almost finances the subway extension with John Tory's method of TIF too, right?
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Very myopic POV. Toronto is a rapidly growing metropolis and the most efficient way to move people is by subway. This is not an opinion, this is an objective fact clearly demonstrated from Moscow to New York. The fact that we spent four decades sitting on our hands instead of tunneling, is criminal. The results of that stupidity are easy to see.
Efficient as in cost/benefit, where ridership and ridership projections clearly demonstrate the opposite?
Certainly efficient for those few riders who will have a choice of dozens upon dozens of empty seats to plop their arses on.
Cost/benefit inefficient to the million other taxpayers who will subsidize that empty subway corridor.
Welcome to the BDL Gravy Train Extension.
So when he increased the residential tax rate by 2%, 2.5%, and 2.25% it didn't affect you?
You mean promises like not raising taxes? Pretty amazing that Ford nation is able to ignore the massive flaws of their boy.
Wasn't it only last year that Ford's budget listed a tax increase AND a special levy for the subway? Seems like the separation has very recent precedent.
Yet the choice of location for our new line is hardly the highest area of need. The few km we're going to be digging will likely be underutilized.
I'd be quite content with a special 5% increase to build the subways we need but 0.5% for what's planned seems wasteful to me.
Thats one of ten or more campaign promises so far John Tory goes back on.
Rob Ford's tax increase?
Think........think outside your basketcase..........and read:-
City of Toronto: previous City budgets http://www.toronto.ca/city_budget/budget_summaries.htm
2011 Budget
For 2011, Toronto City Council approved an Operating Budget that is balanced, includes no major service cuts, and does not include increases to property tax rates. The City's total 2011 budget for Operating, Capital and Rate Supported services is $13.326 billion.
The 2011 tax supported 2011 Operating Budget is $9.383 billion and is 38 per cent funded by property tax revenues totalling $3.579 billion. The budget maintained services at 2010 levels.
Estimates of capital spending for the tax supported 10-year 2011-2020 Capital Plan is a total of $12.755 billion. Capital expenditures to maintain and renew the City's substantive infrastructure total $7.270 billion, representing 57.4 per cent of the total 2011- 2020 Capital Budget and Plan.
No Tax Increase.
2012 Budget
Major advancements in achieving fiscal sustainability were made in the 2012 Budget. By bringing expenses more in line with City revenues, City Council reduced the City's reliance on one-time revenues from $327 million to $102 million.
On January 17, 2012, City Council approved a balanced tax-supported 2012 Operating Budget of $9.4 billion and a 2012-2021 Capital Budget and Plan of $14.8 billion. The 2012 Operating Budget includes a 2.5 per cent property tax increase for residents, a 0.83 per cent tax increase for businesses and a 10-cent fare increase for TTC customers.
The 2012 Budget marks the first decline in gross expenditures since Toronto's amalgamation with a $20 million decrease.
Tax increase was needed to reduce the City's reliance on one-time revenues from $327 million to $102 million.
2013 Budget
City Council approved a gross Operating Budget of $10.858 billion and $3.713 billion net for 2013; and a 2013 - 2022 Capital Budget and Plan of $24.473 billion.
The challenges faced in 2013 included eliminating an opening operating budget pressure of $465 million, reducing its reliance on one-time/unsustainable revenues to balance the budget, bringing spending in line with revenue growth and moderating capital financing pressures.
As part of its balancing strategy to address the operating budget pressure, the City reduced spending through savings achieved from implementing service efficiency measures and cost reductions while maintaining core services that residents value. The City also maximized revenue sources, reduced the impact of capital financing, and implemented a moderate municipal property tax increase (2.00% residential and a 0.67% non-residential) and a Toronto Transit Commission (TTC) fare increase of 5 cents, which are in line with inflation.
Tax increase was needed to eliminate an opening operating budget pressure of $465 million and to reduce its reliance on one-time/unsustainable revenues to balance the budget.
2014 Budget??????
Go ask Norm Kelly and Gang.
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Why is the subway the most efficient way to move people? If that were true, then why do we have the GO Train? It plain doesn't make sense to build subways out in the suburbs where you have a lot of single family homes. There's basically no free land close to residential areas that would make a subway make sense.
At the moment a subway makes sense where you have high density residential and commercial spaces.
Yes I do think DRL subway is the most efficient way to move people.
Not the snake-oil salesman John Tory's Smart Track.
Subway in Scarborough? I honestly think when we build it people will come. Yes it has good potential to be the most efficient way to move people in the near future Scarborough.
Much better potential than the Greg Sorbara Extension to Nowhere (or Walmart in Vaughan).
Ford's proposal for the 2014 budget was 1.75% + 0.5% for the subway which is what was approved.
So yes, Ford campaigned on not raising taxes but raised them repeatedly. Meanwhile you complain about issues that haven't even come up.
