Yesterday, Council took its first step towards implementing a suite of revenue tools. Today, they’re back with more money-related matters. No, this isn’t the budget that gets spoken about most of the time in the media, but it’s one of Council’s budgets. City Council has a separate budget for waste, water, and parking, ostensibly because these are rate-supported (hey, that’s the name of the show!).
While it’s not as high profile, there are important core principles here: how should the City pay for aging infrastructure in an equitable way? How much is too much or too little given the strain on the system? What are the right incentives to get Torontonians to avoid wasteful behaviour?
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