Countdown to Zero

Balancing Toronto’s Budget
November 10, 2011
539.03 KB10 pages

This report looks at the city of Toronto’s annual budgeting process over the past five years and shows that the fiscal challenges facing city council this year are nothing new. Countdown To Zero: Balancing Toronto’s Budget shows how, without relying on transfers from other levels of government, city councillors can bring the budget deficit down to zero - doing the same kinds of things that city council has done in the past, with no need for drastic measures.