Posts Filed Under: “municipal budget 2012”
"[T]he extra cost of operating a widespread, low-density city such as Toronto, compared with a more compact city such as Zurich or Vienna (to say nothing of Manhattan or Hong Kong), [is] an average of $1-billion annually."
This morning the City of Toronto will release its draft 2012 budget. While we don't know what it contains yet, what's certain is that the political rhetoric leading up to today has been vastly, overwhelmingly irresponsible.
After a day and a half of debate at City Hall, and following a summer of consultant reports, marathon committee meetings, and public discussion, council finally voted on a much scaled-down slate of proposed budget cuts.