Accessing City Hall

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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

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2014 Budget

On January 30, 2014, City Council approved a balanced, tax supported 2014 Operating Budget of $9.6 billion and a 2014 – 2023 Capital Budget and Plan of $18.6 billion.

Rates and Charges

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Property Tax Policy

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

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Water Rate Structure

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

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Development Charges

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

Long Term Plans

Long Term Fiscal Plan

City Council unanimously approved the Long-Term Fiscal Plan at its meeting on April 12, 2005, as recommended by the Ad Hoc Committee to Develop a Long-Term Fiscal Plan. This page outlines the plan, and provides links to related documents.