Glen
Senior Member
Royson James makes some good points.........
http://www.thestar.com/news/gta/art...rs-budget-with-new-found-surplus?bn=1#article
he should have added the lowest residential taxes to that list.
http://www.thestar.com/news/gta/art...rs-budget-with-new-found-surplus?bn=1#article
He undercut the campaigns of the council outsiders running for mayor. He reached into next year and attempted to set the budget for the incoming mayor and council. And he put the squeeze on Queen’s Park by announcing no TTC fare hikes next year and only a small property tax increase – but only if the province gives the TTC another $250 million in 2011.
It’s either brilliant or beyond the pale.
The announcement means the city has an unprecedented surplus of $350 million at the end of 2009 – great news in tough budget times.
But it raises many questions about how the city manages our money – it seems able to “find†massive sums of cash, almost on demand, while crying poor.
At Queen’s Park, they must be wondering how, faced with budget deficits, they can send more money Toronto’s way when the city can boast of surpluses, tax reductions and service enhancements.
he should have added the lowest residential taxes to that list.