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City Finances

City of Toronto finances include corporate financial management, reporting and policy development. These pages offer a comprehensive financial profile of City programs and services. 

Learn how the City budget works and how your tax dollars are invested and managed for a prosperous and financially sustainable Toronto. 

Latest City of Toronto Budget


2017 Budget

Toronto City Council has approved a 2017 tax-supported operating budget of $10.5 billion and a 10-year capital budget and plan of $26.5 billion.

Long Term Plans

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Long Term Fiscal Plan

The City is renewing its Long-Term Financial Plan – a roadmap for how the City will make investments in the future.

Rates and Charges


Development Charges

Development charges are fees collected from developers at the time a building permit is issued.


Property Tax Policy

City of Toronto's small businesses are now benefiting from changes being made to the City's property tax policies


Water Rate Structure

The City of Toronto is reviewing Toronto Water's Capital Program and funding sources.