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April 22, 2017
Public offers “Big Ideas” at consultation on Toronto's Long-Term Financial Plan
  
The City of Toronto began phase two of its public consultation on the renewal of its Long-Term Financial Plan today. City Hall hosted Toronto residents and community groups for an afternoon of workshops and discussions on how to improve the way the City makes long-term financial decisions.

Residents took part in spirited debates on balancing priorities and the books, and participants were invited to pitch their “big idea” to a panel of judges consisting of members of the Toronto Youth Council and the Toronto Seniors Forum.

"It was amazing to see the energy at City Hall today and how engaged residents are in these important issues," said Rob Rossini, Deputy City Manager & Chief Financial Officer. "The ideas and suggestions from today's discussions were insightful and will help us to develop a Long-Term Financial Plan to build the city we all want."

The public are encouraged to continue the discussion on City governance, setting priorities and how decisions are made. An online survey, self-directed meeting kit and background information are available at http://www.investinginTO.ca/. The survey will be open until May 14. The public can also participate in the conversation on social media, using the hashtag #InvestinginTO.

The findings from the consultation process will provide advice for Council and the City Manager as the City sets out to develop its Long-Term Financial Plan. The plan will guide financial decision-making over the long term and put Toronto on a path to financial sustainability. It will also help address structural financial issues as expenditures continue to rise faster than revenues, and help ensure that the City continues to run well, spends public money wisely and delivers the programs and services residents need and want over the long term.

More information is available at http://www.investinginTO.ca/.

Toronto is Canada's largest city, the fourth largest in North America, and home to a diverse population of about 2.8 million people. It is a global centre for business, finance, arts and culture and is consistently ranked one of the world's most livable cities. In 2017, Toronto will honour Canada's 150th birthday with "TO Canada with Love," a year-long program of celebrations, commemorations and exhibitions. For information on non-emergency City services and programs, Toronto residents, businesses and visitors can visit http://www.toronto.ca, call 311, 24 hours a day, 7 days a week, or follow us on Twitter at http://www.twitter.com/TorontoComms and on Instagram at http://www.instagram.com/cityofto.

Media Contact
Wynna Brown
Strategic Communications
416- 919-6503
wynna.brown@toronto.ca

 

 

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