The Public GalleryToronto

←Executive Committee · 2024-12-10 · 2024.EX19.8

The filed record

2025 Tax and Rate Supported Interim Operating and Capital Spending Authorities

The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.

The decision

2024-12-17 · Toronto City Council · adopted

As filed

City Council on December 17 and 18, 2024, adopted the following: 1. City Council approve the 2025 Tax and Rate Supported Interim Operating Spending Authorities totalling $7.352 billion as detailed by City Program and Agency in Appendix 1 to the report (November 25, 2024) from the Chief Financial Officer and Treasurer.

On the agenda

As the city filed it

The purpose of this report is to establish interim spending authorities in 2025 for City Programs and Agencies before the final adoption of the 2025 Tax and Rate Supported Operating and Capital Budget and Plan. The interim spending authority will allow Programs and Agencies to continue to deliver current services, meet existing contractual commitments, and continue work on previously approved capital projects until such time as the 2025 budgets are adopted.

Show the rest of As the city filed it, 581 more characters as filed

The 2025 Tax and Rate Supported Operating and Capital Budgets are expected to be adopted in February of 2025. It should be noted that no funding for new or enhanced services or new capital projects, which are subject to budget adoption, are included in the recommended 2025 Interim Spending Authorities contained in this report. The 2025 Tax and Rate Supported Interim Operating Spending Authorities total $7.352 billion. The 2025 Tax and Rate Supported Interim Capital Spending Authorities total $3.280 billion, including previously approved debenture financing of $0.645 billion.

Staff recommended

The Chief Financial Officer and Treasurer recommends that: 1. City Council approve the 2025 Tax and Rate Supported Interim Operating Spending Authorities totalling $7.352 billion as detailed by City Program and Agency in Appendix 1 attached.

Considered

  • 2024-12-10 · Executive Committee · adopted

    Decision as filed

    The Executive Committee recommends that: 1. City Council approve the 2025 Tax and Rate Supported Interim Operating Spending Authorities totalling $7.352 billion as detailed by City Program and Agency in Appendix 1 to the report (November 25, 2024) from the Chief Financial Officer and Treasurer.

  • 2024-12-17 · Toronto City Council · adopted

On the record

The item as the City filed it

More from this meeting

The whole meeting