Over in the Crosstown thread there was some musing about the need to raise property taxes in order to properly fund City services/capital needs.
I replied to that by showing how much revenue would be generated if the City raised property taxes to near the GTA median rates.
That post can be found here:
I thought it was just in the immediate vicinity of stations. That's mostly correct. You can already see parts of it done at Keele and Dufferin. But beyond those sections, Metrolinx agreed to fund the rebuild of the section of Eglinton between Duplex and Oriole Parkway. I'll defer to @Northern...
urbantoronto.ca
Rather than take that thread too far off course, I decided to move a part 2 over to this thread.
This is not a manifesto in any way, but a rough outline of what the City could do with an additional 2.7B per year.
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Eliminate most Recreation User Fees: 200M
Implement fare capping for TTC at 40 rides, lower base fare to $3; offset by eliminating low-income pass (new price is same or less as low-income pass): ~300M
Start TTC subway service at 7am on Sundays: ~30M
Boost overnight TTC Services (5-10 new routes, increased frequency) : ~40M
Boost TTC service to reduce crowding: ~130M per year
Provide additional rent supplements or equivalent in housing units to move people out of shelters:
(assumption $1,700 per month, x 12 months = ~$20,000 per person, x 10,000 people (approximate shelter population), ~ 200M )
Total Cost of above: 900M
Error Margin to be safe, 20% - Total allowance 1.2B
Remaining money 1.5B.
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Apply 200M remaining to operating budget:
- 20M street cleaning
- 20M routine parks maintance
- 20M ravine strategy
- Streetscaping/Public realm 40M per year excluding grand projects
- Enhanced residual shelter services ~10M
- Additional public washrooms operation on TTC and in Parks ~ 20M
- Additional milling of pavement/routine maintenance of roads - 20M
- Better social service outreach/lower case loads for workers, targeting linking people to existing supports, getting a family doctor, removing barriers to employment ~ 50M
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Transfer 1.3B to capital budget. Read as 13B over 10 year capital plan
- 1.2B Platform Edge Doors for TTC
- 100M Additional washrooms TTC
- 100M for winterized transit stops (heating shelters, snow melt systems under sidewalks)
- Station revitalization (new, quality finishes, 100M per station x 10 Stations) 1B
- Finch West LRT Extension - (40% of cost charged to 10-year plan) ~ 1.5B
- Line 2 Extension (40% of cost charged to 10 year plan) ~2.5B
- University Park 1B
- Purchase 2 privately owned golf courses for new parkland (retain golf as public on smaller footprint), add trails, nature and local needs. ~ 550M (includes development)
- New Waterfront Parkland in Scarborough and Etobicoke - 800M ( 300 houses x 2 M each, plus 200M development cost)
- New road crossings of 401/400/404 to reduce connectivity barriers - 800M for 4 crossings, 400M to upgrade existing crossings w/cycle tracks, safety and aesthetic improvements
- Parks SOGR Backlog 500M
Total 10.45B - I still have another 3B left if anyone wants to add their pet projects..... LOL
@allengeorge
Are they targeting us to be their next dupes, 
