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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


2015 Budget

On March 11, 2015, City Council approved the tax and rate supported 2015 operating budget of $11.4 billion and 2015-2024 capital budget and plan of $31.7 billion.

Rates and Charges


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.


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.