Toronto 2015 budget debate
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Cllr Mihevc says city should be looking at revenue options to balance budget rather than cuts.by Dave Trafford via twitter 2/13/2015 5:14:34 PM -
Discussion at Toronto Budget Cttee turning to "new" revenue options vs. efficiencies.by Dave Trafford via twitter 2/13/2015 5:14:35 PM
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Staff: City would pay interest to itself by taking short term loan from its own reserves.by Dave Trafford via twitter 2/13/2015 5:14:39 PM
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Cllr Carroll: Why didn't we find these "adjustments"/"efficiencies" earlier?by Dave Trafford via twitter 2/13/2015 5:14:41 PM
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City Manager: We would have been looking for them (adjustments) as a matter of course and the budget process.by Dave Trafford via twitter 2/13/2015 5:14:42 PM
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Cllr Carroll: Outlook to find 2% efficiencies next year was part of original budget plan presented in January.by Dave Trafford via twitter 2/13/2015 5:14:43 PM
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Cllr Carroll: Need to ask residents which revenue tools they'd be comfortable with because the city has to pay for social housing now.by Dave Trafford via twitter 2/13/2015 5:14:44 PM
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City Manager: Staff believes city should look at new revenue tool options for future.by Dave Trafford via twitter 2/13/2015 5:14:45 PM
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Tone at Budget Cttee suggests grass root push for Toronto to explore new revenue tools.Mayor Tory has said focus needs to be efficienciesby Dave Trafford via twitter 2/13/2015 5:14:47 PM
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Cllr Campbell: Says he trusts City Manager's plan but says this is a band aid solution.by Dave Trafford via twitter 2/13/2015 5:14:48 PM
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Cllr Pasternak: Are we hiring ppl we can't afford to pay?by Dave Trafford via twitter 2/13/2015 5:14:49 PM
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City Mgr: Most of the jobs/hires have already been approved.by Dave Trafford via twitter 2/13/2015 5:14:49 PM
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Budget Cttee likely to endorse self loan plan pitched by Tory and staff to cover operating shortfall.by Dave Trafford via twitter 2/13/2015 6:10:12 PM
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The real debate is coming over revenue tools in Toronto. @shelleycarroll says city of 3M needs a sales tax and favours bringing back VRTby Dave Trafford via twitter 2/13/2015 6:17:09 PM
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Budget Chief @CllrCrawford won't support return of Vehicle Registration Tax or Sales Tax. "I'm not in favour of raising taxes".by Dave Trafford via twitter 2/13/2015 6:18:28 PM
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Tory's office: "We need to keep the city affordable - families are struggling. Mayor is on record saying no to vehicle registration tax"by Dave Trafford via twitter 2/13/2015 6:43:36 PM
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Tory's office: "The city has no power to institute a sales tax and we have no plans to do either" (sales tax or vehicle registration tax)by Dave Trafford via twitter 2/13/2015 6:44:44 PM
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Budget Chief @CllrCrawford on Vehicle Registration: "city council decided a number of years we didn’t want to do that."by Dave Trafford via twitter 2/13/2015 7:24:17 PM
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City Manager"s balance budget solution: "We are borrowing 130 million dollars and we are paying it back, (with) interest, to ourselves."by Dave Trafford via twitter 2/13/2015 7:27:24 PM
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City Manager on revenue tools:"There has to be change at some point in time for us to get thru all of the growing pressures we have"by Dave Trafford via twitter 2/13/2015 7:29:39 PM
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City Manager says Toronto's budget can't ride on property tax much longer. "In my view we need a sales tax."by Dave Trafford via twitter 2/13/2015 7:35:36 PM
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Not much doubt the Tory/Pennachetti budget will pass without too much fuss. But count on a spirited debate over use of revenue tools.by Dave Trafford via twitter 2/13/2015 10:23:36 PM
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Asset Poverty Calculator: How long could you last without a paycheque? By @amp6 ow.ly/i/8BNxh #gnsmartmoney glbn.ca/IYehYby GlobalNews.ca via twitter retweeted by DaveTrafford 2/13/2015 10:40:57 PM