WATCH LIVE AT 9:30: Toronto City Council will debate the city’s budget today, just days after Mayor John Tory threw a grenade into the city’s politics with a shocking announcement that he plans to resign in the wake of an affair with a staffer.
Mayor John Tory threw a grenade into the city’s politics with a shocking announcement that he plans to resign in the wake of an affair with a staffer.
Even with the largest property tax increase in more than 20 years, the city is staring down some potentially tough decisions as it considers the $16.16 billion tax and rate supported operating budget and the $49.26 billion 10-year tax and rate supported capital budge.Wednesday’s council meeting was expected to be a fairly routine special meeting of council to essentially rubberstamp the latest budget put together by Mayor John Tory.
Some of the mayor’s allies have in fact asked him to reconsider his resignation so that council is not thrown into disarray. According to a budget presentation from the city manager and chief financial officer, “without federal and provincial funding support, there will be profound, material and sustained impacts” on capital spending, economic recovery and job growth which would be felt as soon as this year.
The Toronto Police Services emblem is photographed during a press conference at TPS headquarters, in Toronto on Tuesday, May 17, 2022. THE CANADIAN PRESS/Christopher Katsarovactivists, responding to high-profile cases of police violence, urge cities to spend less on policing and more on community programsTory has said the city is doing both and that he hears few calls from ordinary citizens in disadvantaged neighbourhoods for police to have fewer resources.
Facing a slew of budgetary pressures and the highest inflation in years, the budget proposes a 5.5 per cent hike to property taxes. That comes in addition to a previously approved 15 per cent increase to the city-building fund.Even with the combined seven per cent bump for residents, the city’s revenue will not be adequate without help from other levels of government.Council recently voted to explore new revenue tools, including a possible parking levy.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Toronto council can amend budget as Mayor John Tory looks to lock in spending before resigningMr. Tory cruised to a third straight mayoral win in October but admitted to a lengthy affair and said he would tender resignation when the budget is finalized
Read more »
Mayor John Tory presenting his budget for debate at city councilTory announced Friday he will leave city hall after admitting an inappropriate relationship with a political staffer, but has stayed to present the first budget subject to his veto under “strong mayor” powers.
Read more »
Week of uncertainty begins in Toronto following Tory resignation announcementTory played a major role in crafting the potential budget, which councillors are set to begin debating and now possibly reshaping.
Read more »
John Tory's Resignation is an Opportunity for Toronto to Dream AgainThis is a chance for Torontonians to get more involved in municipal politics after the apathy of the Tory era. HumeChristopher | Toronto TOpoli politics
Read more »
John Tory to stay on as mayor of Toronto for this week’s budget debateToronto’s budget chief says Tory will stay in the job until after Wednesday’s city budget deliberations
Read more »
Here's what happens now that John Tory has resigned as Toronto mayorToronto is still reeling from the shocking news that John Tory has stepped down from his post as mayor after he admitted to having an affair with a...
Read more »