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Toronto's operating municipal budget for 2010 was approved by the Toronto City Council on April 15, 2010.[1][2] The budget maintained city services, and increased the property tax by "1.8% on total tax base".[3] Revenues - Property Taxes - C$ 3.5 billion (38%)
- Provincial Grants & Subsidies - C$ 1.9 billion (20 %)
- Other Revenues - C$ 1.6 billion (17 %)
- User Fees - C$ 1.4 billion (15 %)
- Reserves/Reserve Funds - C$ 0.4 billion (5 %)
- MLTT/PVT - C$ 0.2 billion (3 %)
- Federal Grants & Subsidies - C$ 0.2 billion (2 %)
Expenditures See also References - ↑ http://www.toronto.ca/budget2010/index.htm
- ↑ Social Planning Toronto - 2010 Budget
- ↑ Toronto budget hikes property taxes, fees
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