Ford’s proposed budget
under former math teacher; Frank DiGiorgio comes in at $ 9.6 Billion with a 2.5% property tax increase. Ford had promised 1.75% and a 10% reduction in the Land Transfer Tax. That was possible until Ford started boasting and his brother Doug started trash talking that the Province cut $ 50 million in grants! Also with the 0.5% portion for Ford’s Scarborough Subway PLAN pushes the City closer to the 15% debt ceiling. Ford appointed the Budget Committee which includes his brother as Vice Chair. Life in Toronto was better under Miller because his 3% property tax increase paid for staff & services while measuring for inflation and population growth. http://www.nowtoronto.com/news/story.cfm?content=195500
Source: http://www.occupyto.org/2013/11/fords-proposed-budget/
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