As this year’s budget process has come to a close, Sussex is taking a deeper look at the implications of the City of Toronto’s approved 2022 operating and capital budgets. From an ever-evolving COVID-19 response to ongoing uncertainties in downstream funding, the Municipal Practice is dedicated to helping you navigate the challenges to come.
Totalling $14.99 Billion, the approved tax-supported operating budget:
Totalling $46.61 Billion, the approved tax-supported 10-year capital budget and plan:
With these headlines in mind, let’s break down this year’s budget a little further, starting with identified major themes:
Read our analysis here.