Item - 2026.BU11.1

Prepared 2026 Operating and Capital Budgets

2026 Prepared Operating Budget

COMMUNITY AND EMERGENCY SERVICES

Economic Development and Culture

1. The 2026 Operating Budget for Economic Development and Culture of $111.838 million gross, $14.590 million revenue and $97.248 million net for the following services:

- The 2026 staff complement for Economic Development and Culture of 324.8 positions comprised of 11 capital positions and 313.8 operating positions.

Toronto Fire Services

2. The 2026 Operating Budget for Toronto Fire Services of $587.874 million gross, $28.972 million revenue and $558.902 million net for the following services:

- The 2026 staff complement for Toronto Fire Services of 3,380.3 positions comprised of 1.0 capital position and 3,379.3 operating positions.

Parks and Recreation

3. The 2026 Operating Budget for Parks and Recreation of $494.794 million gross, $119.517 million revenue and $375.277 million net for the following services:

- The 2026 staff complement for Parks and Recreation of 5,125.5 positions comprised of 294.8 capital positions and 4,830.7 operating positions.

Toronto Emergency Management

4. The 2026 Operating Budget for Toronto Emergency Management of $8.949 million gross, $3.229 million revenue and $5.720 million net for the following services:

- The 2026 staff complement for Toronto Emergency Management comprised of 46.0 operating positions.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Toronto Paramedic Services

5. The 2026 Operating Budget for Toronto Paramedic Services of $451.282 million gross, $276.095 million revenue and $175.187 million net for the following services:

- The 2026 staff complement for Toronto Paramedic Services of 2,362.8 positions comprised of 6.0 capital positions and 2,356.8 operating positions.

Toronto Shelter and Support Services

6. The 2026 Operating Budget for Toronto Shelter and Support Services of $786.068 million gross, $550.927 million revenue and $235.141 million net for the following services:

- The 2026 staff complement for Toronto Shelter and Support Services of 1,491.6 positions comprised of 3.0 capital positions and 1,488.6 operating positions.

COMMUNITY DEVELOPMENT AND SOCIAL SERVICES

Children's Services

7. The 2026 Operating Budget for Children’s Services of $1,582.7 million gross, $1,481.1 million revenue and $101.6 million net for the following services:

- The 2026 staff complement for Children’s Services is comprised of 1,035.1 operating positions.

Seniors Services and Long-Term Care

8. The 2026 Operating Budget for Seniors Services and Long-Term Care of $451.131 million gross, $335.422 million revenue and $115.709 million net for the following services:

- The 2026 staff complement for Seniors Services and Long-Term Care of 3,621.3 positions comprised of 1.0 capital position and 3,620.3 operating positions.

Social Development

9. The 2026 Operating Budget for Social Development of $157.339 million gross, $10.400 million revenue, and $146.939 million net for the following services:

- The 2026 staff complement for Social Development is comprised of 397.5 operating positions.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Toronto Employment and Social Services

10. The 2026 Operating Budget for Toronto Employment and Social Services of $1,318.883 million gross, $1,218.604 million revenue and $100.279 million net for the following services:

- The 2026 staff complement for Toronto Employment and Social Services is comprised of 1,987.0 operating positions.

INFRASTRUCTURE SERVICES

Engineering and Construction Services

11. The 2026 Operating Budget for Engineering and Construction Services of $11.332 million gross, $10.419 million revenue and $0.913 million net for the following services:

- The 2026 staff complement for Engineering and Construction Services of 633.1 positions comprised of 551.4 capital positions and 81.7 operating positions.

Municipal Licensing and Standards

12. The 2026 Operating Budget for Municipal Licensing and Standards of $97.645 million gross, $68.266 million revenue and $29.379 million net for the following services:

- The 2026 staff complement for Municipal Licensing and Standards of 700.5 positions comprised of 2.0 capital positions and 698.5 operating positions.

Policy, Planning, Finance and Administration

13. The 2026 Operating Budget for Policy, Planning, Finance and Administration of $20.9 million gross, $13.7 million revenue and $7.2 million net for the following services:

- The 2026 staff complement for Policy, Planning, Finance and Administration of 216.1 positions comprised of 37.0 capital positions and 179.1 operating positions.

Solid Waste Management Services

14. The 2026 Operating Budget for Solid Waste Management Services of $406.468 million gross expenditures, $412.621 million revenue, and $6.153 million net for the following services:

- The 2026 staff complement for Solid Waste Management Services of 1,205.4 positions comprised of 67.3 capital positions and 1,138.1 operating positions.

Toronto Water

15. The 2026 Operating Budget for Toronto Water of $542.361 million gross, $1,654.083 million revenue and $1,111.722 million net for the following services:

- The 2026 staff complement for Toronto Water of 1,975.3 positions comprised of 133.8 capital positions and 1,841.5 operating positions.

Transit Expansion

16. The 2026 Operating Budget for Transit Expansion of $9.878 million gross, $7.140 million revenue and $2.739 million net for the following services:

- The 2026 staff complement for Transit Expansion of 80.0 positions comprised of 17.7 capital positions and 62.3 operating positions.

Transportation Services

17. The 2026 Operating Budget for Transportation Services of $515.964 million gross, $211.752 million revenue and $304.212 million net for the following services:

- The 2026 staff complement for Transportation Services of 1,715.3 positions comprised of 236.3 capital positions and 1,479.0 operating positions.

DEVELOPMENT AND GROWTH SERVICES

City Planning

18. The 2026 Operating Budget for City Planning of $48.472 million gross, $35.820 million revenue and $12.652 million net for the following services:

- The 2026 staff complement for City Planning of 362.0 positions comprised of 21.1 capital positions and 340.9 operating positions.

Development Review

19. The 2026 Operating Budget for Development Review of $58.317 million gross, $56.029 million revenue and 2.288 million net for the following services:

- The 2026 staff complement for Development Review of 397.0 positions comprised of 4.1 capital positions and 392.9 operating positions.

Housing Secretariat and Housing Development Office

20. The 2026 Operating Budget for the Housing Secretariat and the Housing Development Office of $866.632 million gross, $268.997 million revenue and $597.635 million net for the following services:

and a further:

- reallocation of $5.901 million in City-provided base operating subsidy from Toronto Seniors Housing Corporation (TSHC) to Toronto Community Housing Corporation (TCHC), with no net change to the total 2026 City-provided base operating subsidy, in alignment with a new cost-sharing agreement between both organizations.

- The 2026 staff complement for the Housing Secretariat and the Housing Development Office of 279.0 positions comprised of 19 capital positions and 260 operating positions.

Toronto Building

21. The 2026 Operating Budget for Toronto Building of $102.112 million gross, $117.474 million revenue and ($15.362) million net for the following services:

- The 2026 staff complement for Toronto Building comprised of 643.0 operating positions.

CORPORATE SERVICES

Corporate Real Estate Management

22. The 2026 Operating Budget for Corporate Real Estate Management of $225.315 million gross, $95.253 million revenue and $130.061 million net for the following services:

- The 2026 staff complement for Corporate Real Estate Management of 1,064.4 positions comprised of 99.1 capital positions and 965.3 operating positions.

Customer Experience (311 Toronto)

23. The 2026 Operating Budget for Customer Experience of $24.423 million gross, $7.879 million revenue and $16.544 million net for the following services:

- The 2026 staff complement for Customer Experience of 223.5 positions comprised of 19.0 capital positions and 204.5 operating positions.

Environment, Climate and Forestry

24. The 2026 Operating Budget for Environment, Climate and Forestry of $117.119 million gross, $51.258 million revenue and $65.861 million net for the following services:

- The 2026 staff complement for Environment, Climate and Forestry of 528.6 positions comprised of 4.0 capital positions and 524.6 operating positions.

Fleet Services

25. The 2026 Operating Budget for Fleet Services of $95.588 million gross, $57.644 million revenue and $37.944 million net for the following services:

- The 2026 staff complement for Fleet Services of 410.2 positions comprised of 69.1 capital positions and 341.1 operating positions.

Technology Services

26. The 2026 Operating Budget for Technology Services of $181.425 million gross, $33.047 million revenue and $148.378 million net for the following services:

- The 2026 staff complement for Technology Services of 891.0 positions comprised of 221.0 capital positions and 670.0 operating positions.

Toronto Cyber Security

27. The 2026 Operating Budget for Toronto Cyber Security of $35.992 million gross and $35.563 million net for the following services:

- The 2026 staff complement for Toronto Cyber Security comprised of 95.0 operating positions.

FINANCE AND TREASURY SERVICES

Financial Operations and Control

28. The 2026 Operating Budget for Financial Operations and Control of $77.312 million gross, $46.378 million revenue and $30.934 million net for the following services:

- The 2026 staff complement for Financial Operations and Control of 573.3 positions comprised of 38.0 capital positions and 535.3 operating positions.

Office of the Chief Financial Officer and Treasurer

29. The 2026 Operating Budget for Office of the Chief Financial Officer and Treasurer of $45.885 million gross, $7.577 million revenue and $38.308 million net for the following services:

- The 2026 staff complement for the Office of the Chief Financial Officer and Treasurer of 411.8 positions comprised of 103.8 capital positions and 308.0 operating positions.

CITY MANAGER AND OTHER CITY PROGRAMS

City Clerk's Office

30. The 2026 Operating Budget for City Clerk’s Office of $76.137 million gross, $34.368 million revenue and $41.769 million net for the following services:

- The 2026 staff complement for City Clerk’s Office of 429.1 positions comprised of 13.1 capital positions and 416.0 operating positions.

City Council

31. The 2026 Operating Budget for City Council of $33.521 million gross, $3.665 million revenue and $29.856 million net for the following services:

Court Services

32. The 2026 Operating Budget for Court Services of $41.941 million gross, $38.645 million revenue and $3.296 million net for the following services:

- The 2026 staff complement for Court Services is comprised of 252.0 operating positions.

City Manager Services

33. The 2026 Operating Budget for City Manager Services of $274.6 million gross, $197.8 million revenue and $76.7 million net for the following services:

- The 2026 staff complement for City Manager Services of 556.0 positions comprised of 15.0 capital positions and 541.0 operating positions.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

- The total planning costs in the 2026 Operating Budget for FIFA World Cup 2026 is $189.997 million gross, $189.997 million revenue and $0 million net. All 2026 operating expenditures and revenues are budgeted within the FIFA World Cup 2026 Secretariat as part of the 2026 Staff Prepared Operating Budget for the City Manager Services and are flowed to Divisions and Agencies through recoveries. Expenditures managed directly by FIFA World Cup 2026 Secretariat total to $115.865 million:

Legal Services

34. The 2026 Operating Budget for Legal Services of $72.710 million gross, $20.718 million revenue and $51.992 million net for the following services:

- The 2026 staff complement for Legal Services of 444.0 positions comprised of 39.0 capital positions and 405.0 operating positions.

Office of the Mayor

35. The 2026 Operating Budget for the Office of the Mayor of $3.194 million gross and net for the following services:

ACCOUNTABILITY OFFICES

Office of the Auditor General

36. The 2026 Operating Budget for the Auditor General’s Office of $9.119 million gross and net:

- The 2026 staff complement for the Auditor General’s Office comprised of 44.0 operating positions.

Office of the Integrity Commissioner

37. The 2026 Operating Budget for the Office of the Integrity Commissioner of $0.873 million gross, $0.100 million revenue and $0.773 million net for the following services:

- The 2026 staff complement for the Office of the Integrity Commissioner comprised of 3.0 operating positions.

Ombudsman Toronto

38. The 2026 Operating Budget for Ombudsman Toronto of $4.254 million gross and net:

- The 2026 staff complement for Ombudsman Toronto comprised of 24.0 operating positions be preserved.

Toronto Lobbyist Registrar

39. The 2026 Operating Budget for Toronto Lobbyist Registrar of $1.483 million gross and net:

- The 2026 staff complement for the Toronto Lobbyist Registrar comprised of 8.3 operating positions.

AGENCIES

CreateTO

40. The 2026 Operating Budget for CreateTO of $16.258 million gross, $16.258 million revenue and $0.0 million net for the following services:

- The 2026 staff complement for CreateTO is comprised of 96.0 operating positions.

Exhibition Place

41. The 2026 Operating Budget for Exhibition Place of $79.9 million gross, $82.1 million revenue and $(2.2) million net for the following services:

- The 2026 staff complement for Exhibition Place of 391.0 positions comprised of 8.0 capital positions and 383.0 operating positions.

Heritage Toronto

42. The 2026 Operating Budget for Heritage Toronto of $1,527.9 thousand gross, $785.7 thousand revenue and $742.2 thousand net for the following services:

- The 2026 staff complement for Heritage Toronto is comprised of 10.3 operating positions.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Sankofa Square

43. The 2026 Operating Budget for Sankofa Square of $3.803 million gross, $2.306 million revenue and $1.497 million net for the following services:

- The 2026 staff complement for Sankofa Square comprised of 8.0 operating positions.

TO Live

44. The 2026 Operating Budget for TO Live of $43.006 million gross, $36.608 million revenue and $6.398 million net for the following services:

- The 2026 staff complement for TO Live of 240.2 positions is comprised of 3.0 capital positions and 237.2 operating positions.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Toronto and Region Conservation Authority

45. The 2026 Operating Budget for Toronto and Region Conservation Authority of $12.293 million gross, $6.034 million revenue and $6.259 million net for the following services:

Toronto Atmospheric Fund

46. The 2026 Operating Budget for Toronto Atmospheric Fund of $11.700 million gross, $11.700 million revenue and $0 million net for the following services:

- The 2026 staff complement for Toronto Atmospheric Fund of 42 positions comprised entirely of operating positions.

Toronto Parking Authority

47. The 2026 Operating Budget for Toronto Parking Authority of $121.882 million gross, $183.009 million revenue and $61.127 million net revenue for the following services:

- The 2026 staff complement for Toronto Parking Authority is comprised of 326.5 operating positions.

Toronto Police Service

48. The 2026 Operating Budget for the Toronto Police Service of $1,704.3 million gross, $271.4 million revenue and $1,432.9 million net for the following services:

- The 2026 staff complement for the Toronto Police Service comprised of 8,419 positions.

Toronto Police Services Board

49. The 2026 Operating Budget for the Toronto Police Service Board of $3.7 million gross, $1.1 million revenue and $2.6 million net for the following services:

- The 2026 staff complement for the Toronto Police Service Board is comprised of 10.5 operating positions.

Toronto Police Services Parking Enforcement Unit

50. The 2026 Operating Budget for the Toronto Police Service Parking Enforcement Unit of $66.2 million gross, $2.3 million revenue and $63.9 million net for the following service:

- The 2026 staff complement for the Toronto Police Service Parking Enforcement Unit comprised of 394.0 operating positions.

Toronto Public Health

51. The 2026 Operating Budget for Toronto Public Health of $307.422 million gross, $203.933 million revenue and $103.489 million net for the following services:

- The 2026 staff complement for Toronto Public Health of 1,865.5 positions comprised of 12.0 capital positions and 1,853.5 operating positions.

Toronto Public Library

52. The 2026 Operating Budget for Toronto Public Library of $296.057 million gross, $21.679 million revenue and $274.378 million net for the following services:

- The 2026 staff complement for Toronto Public Library of 2,033.0 positions comprised of 37.0 capital positions and 1,996.0 operating positions.

Toronto Transit Commission

53. The 2026 Operating Budget for Toronto Transit Commission of $3,027.508 million gross, $1,546.919 million revenue and $1,480.589 million net for the following services:

- The 2026 staff complement for Toronto Transit Commission of 18,644 positions comprised of 3,345 capital positions and 15,299 operating positions.

Toronto Zoo

54. The 2026 Operating Budget for Toronto Zoo of $75.836 million gross, $62.608 million revenue and $13.228 million net for the following services:

- The 2026 staff complement for Toronto Zoo comprised of 463.0 operating positions.

Corporate Accounts

55. The 2026 Operating Budget for Corporate Accounts of $2.028 billion gross, $3.137 billion revenue and $1.109 billion net revenue comprised of the following accounts:

The above includes:

- A 2026 budgeted staff complement comprised of operating positions for Parking Tag Operations of 394, Association of Community Centres of 101, and Arena Boards of Management of 67. The details of 2026 Budget by Service for Association of Community Centres and Arena Boards of Management can be found in Appendices 4 and 5 respectively to the report (January 8, 2026) from the City Manager and the Chief Financial Officer and Treasurer. The details of Parking Tag Operations 2026 Budget can be found in a standalone Briefing Note provided to Budget Committee.

- The contribution of $458.754 million to the City Building Reserve Fund from the dedicated City Building levy for priority transit and housing capital projects.

- The contributions and withdrawals to / from reserves in Corporate Accounts as indicated in Appendix 3 to the report (January 8, 2026) from the City Manager and the Chief Financial Officer and Treasurer.

- The continuation of the existing Solid Waste Rebates for Low Income Seniors, Disabled and Multi-Residential customers as outlined in Appendix 6 to the report (January 8, 2026) from the City Manager and the Chief Financial Officer and Treasurer.

2026-2035 Prepared Capital Budget and Plan

COMMUNITY AND EMERGENCY SERVICES

Economic Development and Culture

56. The 2026 Capital Budget for Economic Development and Culture with cash flows and future year commitments totaling $37.688 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Economic Development and Culture.

57. The 2027-2035 Capital Plan for Economic Development and Culture totalling $141.157 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Economic Development and Culture.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Toronto Fire Services

58. The 2026 Capital Budget for Toronto Fire Services with cash flows and future year commitments totaling $59.2 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Toronto Fire Services.

59. The 2027-2035 Capital Plan for Toronto Fire Services totalling $22.4 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Toronto Fire Services.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Parks and Recreation

60. The 2026 Capital Budget for Parks and Recreation with cash flows and future year commitments totaling $3,325.0 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Parks and Recreation.

61. The 2027-2035 Capital Plan for Parks and Recreation totalling $985.2 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Parks and Recreation.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Toronto Paramedic Services

62. The 2026 Capital Budget for Toronto Paramedic Services with cash flows and future year commitments totaling $338.282 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Toronto Paramedic Services.

63. The 2027-2035 Capital Plan for Toronto Paramedic Services totalling $105.202 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Toronto Paramedic Services.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Toronto Shelter and Support Services

64. The 2026 Capital Budget for Toronto Shelter and Support Services with cash flows and future year commitments totaling $1,060.382 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Toronto Shelter and Support Services.

65. The 2027-2035 Capital Plan for Toronto Shelter and Support Services totalling $38.979 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Toronto Shelter and Support Services.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

COMMUNITY DEVELOPMENT AND SOCIAL SERVICES

Children's Services

66. The 2026 Capital Budget for Children’s Services with cash flows and future year commitments totaling $95.022 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Children's Services.

67. The 2027-2035 Capital Plan for Children’s Services totalling $11.452 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Children's Services.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Seniors Services and Long-Term Care

68. The 2026 Capital Budget for Seniors Services and Long-Term Care with cash flows and future year commitments totaling $471.575 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Seniors Services and Long-Term Care.

69. The 2027-2035 Capital Plan for Seniors Services and Long-Term Care totalling $67.295 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Seniors Services and Long-Term Care.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Toronto Employment and Social Services

70. The 2026 Capital Budget for Toronto Employment and Social Services with cash flows and future year commitments totaling $9.000 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Toronto Employment and Social Services.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

INFRASTRUCTURE SERVICES

Solid Waste Management Services

71. The 2026 Capital Budget for Solid Waste Management Services with cash flows and future year commitments totalling $741.489 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Solid Waste Management Services.

72. The 2027-2035 Capital Plan for Solid Waste Management Services, totalling $714.848 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Solid Waste Management Services.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Toronto Water

73. The 2026 Capital Budget for Toronto Water with cash flows and future year commitments totaling $10,771.490 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Toronto Water.

74. The 2027-2035 Capital Plan for Toronto Water totalling $8,121.432 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Toronto Water.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Transit Expansion

75. The 2026 Capital Budget for Transit Expansion with cash flows and future year commitments totaling $768.024 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Transit Expansion.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Transportation Services

76. The 2026 Capital Budget for Transportation Services with cash flows and future year commitments totaling $5,984.241 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Transportation Services.

77. The 2027-2035 Capital Plan for Transportation Services totalling $633.330 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Transportation Services.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

DEVELOPMENT AND GROWTH SERVICES

City Planning

78. The 2026 Capital Budget for City Planning with cash flows and future year commitments totaling $10.650 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for City Planning.

79. The 2027-2035 Capital Plan for City Planning totalling $49.050 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for City Planning.

Housing Secretariat and Housing Development Office

80. The 2026 Capital Budget for the Housing Secretariat and the Housing Development Office with cash flows and future year commitments totaling $3,365.225 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Housing Secretariat and Housing Development Office.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Waterfront Revitalization Initiative

81. The 2026 Capital Budget for Waterfront Revitalization Initiative with cash flows and future year commitments totaling $676.350 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Waterfront Revitalization Initiative.

82. The 2027-2035 Capital Plan for Waterfront Revitalization Initiative totalling $8.600 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Waterfront Revitalization Initiative.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

CORPORATE SERVICES

Corporate Real Estate Management

83. The 2026 Capital Budget for Corporate Real Estate Management with cash flows and future year commitments totaling $1,562.9 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Corporate Real Estate Management.

84. The 2027-2035 Capital Plan for Corporate Real Estate Management totalling $417.8 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Corporate Real Estate Management.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Environment, Climate and Forestry

85. The 2026 Capital Budget for Environment, Climate and Forestry with cash flows and future year commitments totaling $65.469 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Environment, Climate and Forestry.

86. The 2027-2035 Capital Plan for Environment, Climate and Forestry totalling $251.0 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Environment, Climate and Forestry.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Fleet Services

87. The 2026 Capital Budget for Fleet Services with cash flows and future year commitments totaling $990.997 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Fleet Services.

88. The 2027-2035 Capital Plan for Fleet Services totalling $1,063.505 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Fleet Services.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Technology Services

89. The 2026 Capital Budget for Technology Services with cash flows and future year commitments totaling $752.020 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Technology Services.

Toronto Cyber Security

90. The 2026 Capital Budget for Toronto Cyber Security with cash flows and future year commitments totaling $8.667 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Toronto Cyber Security.

FINANCE AND TREASURY SERVICES

Financial Operations and Control

91. The 2026 Capital Budget for Financial Operations and Control with cash flows and future year commitments totaling $27.564 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Financial Operations and Control.

92. The 2027-2035 Capital Plan for Financial Operations and Control totalling $10.950 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Financial Operations and Control.

Office of the Chief Financial Officer and Treasurer

93. The 2026 Capital Budget for the Office of the Chief Financial Officer and Treasurer with cash flows and future year commitments totaling $46.968 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Office of the Chief Financial Officer and Treasurer.

94. The 2027-2035 Capital Plan for the Office of the Chief Financial Officer and Treasurer totalling $1.000 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Office of the Chief Financial Officer and Treasurer.

CITY MANAGER AND OTHER CITY PROGRAMS

City Clerk's Office

95. The 2026 Capital Budget for City Clerk’s Office with cash flows and future year commitments totaling $6.656 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for City Clerk's Office.

96. The 2027-2035 Capital Plan for City Clerk’s Office totalling $28.480 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for City Clerk's Office.

Court Services

97. The 2026 Capital Budget for Court Services with cash flows and future year commitments totaling $7.610 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Court Services.

FIFA World Cup 2026 (City Manager Services)

98. The 2026 Capital Budget for FIFA World Cup 2026 totals $47.004 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for FIFA World Cup 2026.

- The 2026 Operating Budget and 2026 Capital Budget for FIFA World Cup 2026 is consistent with the overall budget of $380.0 million approved by City Council.

ACCOUNTABILITY OFFICES

Ombudsman Toronto

99. The 2027-2035 Capital Plan for Ombudsman Toronto totalling $0.800 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Ombudsman Toronto.

Toronto Lobbyist Registrar

100. The 2026 Capital Budget for the Toronto Lobbyist Registrar with cash flows and future year commitments totaling $0.304 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Toronto Lobbyist Registrar.

101. The 2027-2035 Capital Plan for the Toronto Lobbyist Registrar totalling $1.0 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Toronto Lobbyist Registrar.

AGENCIES

Exhibition Place

102. The 2026 Capital Budget for Exhibition Place with cash flows and future year commitments totaling $93.2 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Exhibition Place.

103. The 2027-2035 Capital Plan for Exhibition Place totalling $176.0 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Exhibition Place.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Sankofa Square

104. The 2026 Capital Budget for Sankofa Square with cash flows and future year commitments totaling $0.095 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Sankofa Square.

105. The 2027-2035 Capital Plan for Sankofa Square totalling $0.383 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Sankofa Square.

Toronto and Region Conservation Authority

106. The 2026 Capital Budget for Toronto and Region Conservation Authority with cash flows and future year commitments totaling $31.266 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Toronto and Region Conservation Authority.

107. The 2027-2035 Capital Plan for Toronto and Region Conservation Authority totalling $273.482million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Toronto and Region Conservation Authority.

Toronto Parking Authority

108. The 2026 Capital Budget for Toronto Parking Authority with cash flows and future year commitments totalling $358.049 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Toronto Parking Authority.

Toronto Police Service

109. The 2026 Capital Budget for the Toronto Police Service with cash flows and future year commitments totaling $181.8 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Toronto Police Service.

110. The 2027-2035 Capital Plan for the Toronto Police Service totalling $1,113.9 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Toronto Police Service.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Toronto Public Health

111. The 2026 Capital Budget for Toronto Public Health with cash flows and future year commitments totaling $10.180 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Toronto Public Health.

112. The 2027-2035 Capital Plan for Toronto Public Health totalling $17.867 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Toronto Public Health.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Toronto Public Library

113. The 2026 Capital Budget for Toronto Public Library with cash flows and future year commitments totaling $257.528 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Toronto Public Library.

114. The 2027-2035 Capital Plan for Toronto Public Library totalling $372.708 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Toronto Public Library.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Toronto Transit Commission

115. The 2026 Capital Budget for Toronto Transit Commission with cash flows and future year commitments totaling $12.980 billion as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Toronto Transit Commission.

116. The 2027-2035 Capital Plan for Toronto Transit Commission totalling $3.677 billion in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Toronto Transit Commission.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Toronto Zoo

117. The 2026 Capital Budget for Toronto Zoo with cash flows and future year commitments totaling $198.152 million as detailed by project in Appendix 5a to the 2026 Capital and Operating Budget Notes for Toronto Zoo.

118. The 2027-2035 Capital Plan for Toronto Zoo totaling $117.762 million in project estimates as detailed by project in Appendix 5b to the 2026 Capital and Operating Budget Notes for Toronto Zoo.

- All third-party funding included in the 2026 Budget will be subject to the execution of an agreement or receipt of funding. If such agreement or funding is not in place by 2026 or forthcoming, the approval to spend must be reassessed by City Council relative to other City-funded priorities and needs in future budget processes.

Corporate Initiatives

119. The 2026 Capital Budget and Plan for Corporate Initiatives with cash flows and future year commitments totaling $0.500 million as detailed in Appendix 2.1 to the report (January 8, 2026) from the City Manager and the Chief Financial Officer and Treasurer.

The Budget Committee will consider and make recommendations to the Mayor on the 2026 Capital and Operating Budgets.

The following schedule has been established for the consideration of the 2026 Capital and Operating Budgets:

Wednesday, January 14, 2026

Service Group Presentation - Community Development and Social Services:

Children's Services
Seniors Services and Long-Term Care
Social Development
Toronto Employment and Social Services

Service Group Presentation - Infrastructure Services:

Engineering and Construction Services
Municipal Licensing and Standards
Policy Planning, Finance and Administration
Solid Waste Management Services
Strategic Capital Coordination Office
Toronto Water
Transit Expansion
Transportation Services

Service Group Presentation - Development and Growth Services:

City Planning
Development Review
Housing Secretariat
Toronto Building
Waterfront Revitalization Initiative

Agency - Presentation:

Toronto Community Housing Corporation (TCHC)

Thursday, January 15, 2026

Accountability Officers - Questions and Answers only - no presentations:

Office of the Auditor General
Office of the Integrity Commissioner
Office of the Lobbyist Registrar
Ombudsman Toronto

Service Group Presentation - Community and Emergency Services:

Economic Development and Culture
Parks and Recreation
Toronto Emergency Management
Toronto Fire Services
Toronto Paramedic Services
Toronto Shelter and Support Services

Agencies - Presentation:

Toronto Transit Commission

Toronto Police Service

Agencies - Questions and Answers only - no presentations:

Toronto Police Services Board
Toronto Police Services Parking Tags Enforcement and Operations

Friday, January 16, 2026

Service Group Presentation - Corporate Services:

Customer Experience
Corporate Real Estate Management
Environment, Climate and Forestry
Fleet Services
Toronto Cyber Security
Technology Services

Finance and Treasury Services, City Manager Services, and Other Services - Questions and Answers only - no presentations:

Office of the Chief Financial Officer and Treasurer
Financial Operations and Control
City Manager Services
FIFA
Legal Services
Court Services
City Clerk's Office
City Council
Office of the Mayor

Agencies - Questions and Answers only - no presentations:

Toronto Public Library
Toronto Public Health
Arena Boards of Management
Association of Community Centres
CreateTO
Exhibition Place
Heritage Toronto
TO Live
Toronto Atmospheric Fund
Toronto Seniors Housing Corporation (TSHC)
Toronto Parking Authority (rate)
Toronto and Region Conservation Authority
Toronto Zoo
Sankofa Square (formerly Yonge-Dundas Square)

Tax Supported 2026 Operating Budget and 2026-2035 Capital Budget and Plan Summary

This report outlines the 2026 Staff Prepared Corporate Accounts Budget, with expenditures of $2.028 billion and revenues of $3.137 billion, including the Operating Budgets for the Association of Community Centres and Arena Boards of Management.

Corporate Accounts, covering Capital and Corporate Financing, and Non-Program Expenditures and Revenues, form part of the City's overall Operating Budget and are detailed in Appendix 1.

This report also summarizes corporate capital initiatives, totalling $0.500 million in cash flow funding, detailed in Appendix 2.1, as part of the City’s 10-year capital program.

Table 1 provides a summary of the 2026 Operating Budget and the 2026-2035 Capital Budget and Plan, including gross and net expenditures, as well as debt requirements for City Operations, City Agencies, and Corporate Accounts.

Table 1: Staff Prepared 2026 Operating Budget and 2026-2035 Capital Budget and Plan

*      Excludes special dedicated levy

**    Includes Capital from Current

***  2026 Gross Expenditure Operating Budget includes capital reserve contributions to fund the 10-Year Capital Plan

Tax Supported 2026 Operating Budget Overview

The Tax Supported 2026 Operating Budget totals to $16.614 billion gross and $5.791 billion net. This represents a $0.174 billion (1.1 percent) increase in gross expenditures (when including additional intergovernmental flow through funding and internal City transfers), and a $0.152 billion (2.7 percent) increase in net expenditures over the 2025 Budget, when including an added $75.0 million contribution to the City Building Fund from the dedicated capital levy. While maintaining and preserving the services that Torontonians rely on and supporting affordability for Torontonians, this budget addresses key priorities, which includes implementation of new initiatives to support added investments strategically in transit, affordable housing, and public safety. A comprehensive list of new initiatives in the 2026 Staff Prepared Operating Budget can be found in Appendix 1.4.

From the gross expenditure perspective, the Tax-Supported 2026 Operating Budget primarily allocates funds to Cost-Shared Social Programs (26 percent), Transit (16 percent), and Emergency Services (15 percent), with the remaining 43 percent allocated to other City Programs and Agencies. From the revenue perspective, the funding source are Property Taxes (31 percent), Federal and Provincial revenues (24 percent), with the remaining 45 percent generated through fees, investments, and reserve draws.

Tax Supported 2026-2035 Capital Budget and Plan Overview

The Tax-Supported 2026-2035 Capital Budget and Plan totalling $42.601 billion reflects a $1.103 billion increase over the previously approved 10-Year Capital Plan with priority investments in transit, housing, and community services. Capital projects are financed by various sources, with the City prioritizing and maximizing use of external and non-debt funding before resorting to debt issuance. The Tax-Supported 2026-2035 Capital Budget and Plan will require $16.281 billion in all combined forms of debt financing. After offsetting Capital from Current, which is part of the non-debt financing strategies, the base tax levy funded debt will be $13.183 billion over the 10 years.

The Tax-Supported 2026-2035 Capital Budget and Plan invests $17.255 billion in Transit, $6.599 billion in Transportation, $5.183 billion in Housing which is augmented by a further $3.577 billion in investment provided through foregone revenues.

The 2026 Staff Prepared Operating Budget and 10-Year Capital Plan contains 34 new or enhanced greenhouse gas reduction actions identified via the Carbon Budget Prioritization process, with an estimated annual greenhouse gas reduction impact of 73,814 ton carbon dioxide equivalent in 2026, growing to 217,914 ton carbon dioxide equivalent annually once the programs, services and / or projects are fully implemented. These emission reductions would be additional to the impact expected from baseline greenhouse gas reduction actions included in the 2025 Budget and continued in the 2026 Budget, which have an estimated annual greenhouse gas reduction impact of 173,030 ton carbon dioxide equivalent in 2026.

The 2026-2035 Capital Budget and Plan continues to balance the City’s growing infrastructure needs while taking into consideration capital delivery capacity and affordability. It aims to ensure the City’s aging infrastructure remains in a state of good repair to support critical services, and continue to invest in transit and traffic improvement, housing and community services to meet the diverse and growing needs from population growth, rising costs, and delivery of Council priorities.

The Auditor General recommends:

1. The 2026 Operating Budget for the Auditor General’s Office of $9.119 million gross and net.

2. The 2026 staff complement for the Auditor General’s Office comprised of 44.0 operating positions.

This report presents to Budget Committee the proposed 2026 Operating Budget for the Auditor General’s Office (the "Office").

The Integrity Commissioner recommends:

1. The 2026 Operating Budget for the Office of the Integrity Commissioner of $0.873 million gross, $0.100 million revenue and $0.773 million net for the following services:

2. The 2026 staff complement for the Office of the Integrity Commissioner comprised of 3.0 operating positions.

This report presents to Budget Committee the proposed 2026 Operating Budget for the Office of the Integrity Commissioner.

The Office of the Integrity Commissioner's 2026 Operating Budget request will result in an inclusion of $0.873 million gross and $0.773 million net in the proposed 2026 Operating Budget.

The Ombudsman recommends:

1. The 2026 Operating Budget for Ombudsman Toronto of $4.254 million gross and net.

2. The 2026 staff complement for Ombudsman Toronto of 24.0 positions comprised of 0.0 capital positions and 24.0 operating positions.

3. The 2027-2035 Capital Plan for Ombudsman Toronto totalling $0.8 million in project estimates.

This report presents to Budget Committee the proposed 2026 Operating Budget for Ombudsman Toronto.

The financial impacts of adopting the recommendations in this report will be the inclusion of:

1. Ombudsman Toronto’s request of $4.254 million gross and $4.254 million net in the City of Toronto's Proposed 2026 Operating Budget.

2. Ombudsman Toronto's request of $0.8 million gross in project estimates in the City's 2027-2035 Capital Plan, fully funded from debt.

The Toronto Lobbyist Registrar recommends:

1. The 2026 Operating Budget for the Toronto Lobbyist Registrar of $1.483 million gross and $1.483 million net.

2. The 2026 staff complement for the Toronto Lobbyist Registrar is comprised of 8.3 positions comprised of 0.0 capital positions and 8.3 operating positions.

3. The 2026 Capital Budget for the Toronto Lobbyist Registrar with cash flows and future year commitments totaling $0.304 million as detailed in Appendix 5a.

4. The 2027-2035 Capital Plan for the Toronto Lobbyist Registrar totalling $1.0 million in project estimates as detailed in Appendix 5b.

This report presents to Budget Committee the proposed 2026 Operating Budget and 2026-2035 Capital Budget and Plan for the Toronto Lobbyist Registrar.

The financial impacts of adopting the recommendations in this report will be the inclusion of:

1. Toronto Lobbyist Registrar's request of $1.483 million gross and net in the City of Toronto's proposed 2026 Operating Budget.

2. Toronto Lobbyist Registrar's request of $0.304 million in cash flows and future year commitments in the City of Toronto's proposed 2026 Capital Budget.

3. Toronto Lobbyist Registrar’s request of $1.0 million in project estimates in the City of Toronto’s proposed 2027-2035 Capital Plan.

At its Meeting held on December 10, 2025, the Toronto Police Service Board (Board) considered the following 2026 budget request reports received from the Board’s Budget Committee:

- Toronto Police Service - 2026 Operating Budget Request;
- Toronto Police Service - 2026-2035 Capital Program Request;
- Toronto Police Service Parking Enforcement Unit - 2026 Operating Budget Request; and,
- Toronto Police Service Board - 2026 Operating Budget Request.

The Board approved the foregoing reports and requested that copies of the draft Minutes be forwarded to the City’s Budget Committee for consideration. The Board also directed that its decisions be transmitted to the City’s Chief Financial Officer for information.

For ease of reference, below are the substantive recommendations related to this year’s City Budget Process that the Board approved yesterday, with the effect that all four budget requests listed above were approved:

Toronto Police Service - 2026 Operating Budget Request

Approve the Toronto Police Service (Service) 2026 net operating budget request of $1,432.9 Million (M), a $93.8M or 7.0 percent increase over the 2025 approved budget for consideration.

Toronto Police Service - 2026-2035 Capital Program Request

Approve the Toronto Police Service (Service) 2026-2035 Capital Program at a 2026 debt request of $97.2 Million and gross amount of $126.8 Million (excluding cash flow carry forwards from 2025), and a total of $1,064 Million debt and $1,272.2 Million gross for the 10-year program.

Toronto Police Service Parking Enforcement Unit - 2026 Operating Budget Request

Approve the Toronto Police Service Parking Enforcement Unit’s (P.E.U.) 2026 net operating budget request of $63.9 Million, a 7.6 percent increase over the 2025 approved budget.

Toronto Police Services Board - 2026 Operating Budget Request

Approve the Board’s 2026 net operating budget request of $2,642.3 thousand, which is a $98.9 thousand or 3.9 percent increase over the 2025 approved budget for consideration.

Copies of all four reports approved by the Board, as well as a draft set of Minutes from the Board meeting are enclosed.

The Board of Health recommends that the Budget Committee:

1. Request the Mayor to propose a 2026 Operating Budget for Toronto Public Health of $316,267.7 thousand gross, $112,527.5 thousand net, and 1,847.5 positions, as summarized in Table 1, Overview of the Toronto Public Health 2026 Operating Budget Submission, which includes the following incremental changes from the Toronto Public Health 2025 Operating Budget:

a. an increase of $6,439.2 thousand gross and $6,439.2 thousand net for inflationary costs and salaries and benefits;

b. a decrease of $885.2 thousand gross and an increase of $701.4 thousand net, and 1 position for 2026 administrative and technical adjustments;

c. an estimated increase of $1,538.4 thousand gross, $0 net for operating costs related to Downtown Homeless Addiction Recovery Treatment (HART) Hub;

d. an increase in revenue of $1,535.5 thousand to accept additional funds from the provincial government to support the delivery of Ontario Public Health Standards programs and services;

e. a decrease of $6,274.8 thousand gross, $1,000.0 thousand net resulting from the removal of prior year one-time expenses and related funding;

f. a decrease of $1,061.0 thousand gross, $1,061.0 thousand net, along with 6.0 positions to meet efficiency targets; and

g. an increase of $15,019.7 thousand gross, $15,019.7 thousand net, and 3 positions for Phase 3 and Phase 4 expansion of the Student Nutrition Program, projected growth in student participation, and enhancements to the Food Safety program to support the expansion.

At its meeting on September 15, 2025, the Board of Health considered item HL27.1 and made recommendations to the Budget Committee.

Summary from the Report (September 12, 2025) from the Acting Medical Officer of Health:

This report outlines the Toronto Public Health (TPH) 2026 Operating Budget Submission for consideration by the Board of Health. Toronto Public Health's 2026 Operating Budget Submission is $316,267.7 thousand gross, $112,527.5 thousand net and 1,847.5 positions.

Toronto Public Health is intending to achieve the City's affordability target, apart from requests to increase its operating budget to strengthen and expand the Student Nutrition Program.

This 2026 Operating Budget Submission is higher than the 2025 Operating Budget by $14,776.3 thousand gross, $18,563.9 thousand net with 2.0 less positions. The increase in Toronto Public Health's year-over-year budget is predominately attributed to costs to strengthen and expand the City's Student Nutrition Program, and inflationary and cost of living adjustment (COLA) increases for staff.

Additional information on the change between the 2026 Operating Budget Submission and the 2025 Operating Budget is available in Table 1 in this report.

The 2026 Operating Budget Submission includes in-year changes, and base changes as detailed in the recommendations in this report.

The Board of Health recommends that the Budget Committee:

1. Request the Mayor to propose a 2026 Capital Budget to City Council for Toronto Public Health with total cash flows and future year commitments of $16.084 million, including a 2026 cash flow of $12.650 million, 2027 commitment of $2.122 million and 2028 commitment of $1.312 million.

2. Request the Mayor to propose a 2027-2035 Capital Plan to City Council for Toronto Public Health with total project estimates of $16.854 million, comprised of $2.796 million in 2027, $4.122 million in 2028, $4.805 million in 2029, $3.139 million in 2030, $0.984 million in 2031 and $1.008 million in 2032.

At its meeting on September 15, 2025, the Board of Health considered item HL27.2 and made recommendations to the Budget Committee.

Summary from the Report (September 4, 2025) from the Acting Medical Officer of Health:

This report provides an overview of Toronto Public Health's 2026 Capital Budget and 2027-2035 Plan Request.

Toronto Public Health is recommending a 2026 Capital Budget of $16.084 million, including 2026 Budget of $12.650 million and future year commitments of $3.434 million. Toronto Public Health is also recommending a 2027-2035 Capital Plan of $16.854 million for future year estimates. The proposed 2026-2035 Capital Budget and Plan will provide funding for nine (9) projects:

1. Electronic Medical Record

2. Inspection Management Implementation

3. Mobile Dental Van

4. Downtown Homelessness, Addiction Recovery and Treatment (HART) Hub

5. Student Nutrition Program-- Universal Morning Meal Program

6. Socio-Demographic Data Collection and Reporting

7. e-Consent Portal

8. Inspection Management Program

9. Workload Management and Scheduling

The Toronto Transit Commission recommends that City Council:

1. Approve the recommended 2026 Operating Budget totalling $3.028 billion in gross expenditures, $1.547 billion in revenues and a net funding requirement of $1.481 billion for the TTC comprising the following services, as summarized in Appendix A of this report:

a. 2026 TTC Conventional Operating Service Budget of $2.826 billion in gross expenditures, $1.537 billion in revenues and a net funding requirement of $1.289 billion; and,

b. 2026 Wheel-Trans Operating Budget of $201.6 million in gross expenditures, $10.3 million in revenues and a net funding requirement of $191.4 million.

2. Approve a 2026 year-end Operating workforce complement of 15,299 positions.

3. Reaffirm requests to the Federal and Provincial Governments for a tri-partite development of a sustainable, long-term funding model for public transit capital and operation's needs.

At its meeting on Wednesday, January 7, 2026, the TTC Board considered the attached report entitled “Recommended 2026 TTC Conventional and Wheel-Trans Operating Budgets”.

The Board adopted the following:

It is recommended that the TTC Board:

1. Approve the recommended 2026 Operating Budget totalling $3.028 billion in gross expenditures, $1.547 billion in revenues and a net funding requirement of $1.481 billion for the TTC comprising the following services, as summarized in Appendix A of this report:

a. 2026 TTC Conventional Operating Service Budget of $2.826 billion in gross expenditures, $1.537 billion in revenues and a net funding requirement of $1.289 billion; and,

b. 2026 Wheel-Trans Operating Budget of $201.6 million in gross expenditures, $10.3 million in revenues and a net funding requirement of $191.4 million.

2. Approve a 2026 year-end Operating workforce complement of 15,299 positions.

3. Approve the implementation of monthly fare capping through PRESTO, effective September 1, 2026, whereby customers who pay per trip will not be charged for additional trips after completing 47 paid rides within a calendar month, consistent with the equivalent value of a Monthly Pass.

4. Approve the related fare policy and product changes outlined in Appendix E of this report that are required to support monthly fare capping, including:

a. Aligning pass products with the new capped structure; and

b. Phasing out or restructuring any products that duplicate benefits of the cap.

5. Direct the Chief Executive Officer to undertake all activities necessary to implement monthly fare capping in collaboration with Metrolinx, including system configuration, customer-facing materials, operational readiness, and communications.

6. Direct staff to report back to the TTC Board following the first year of monthly fare capping with an assessment of impacts on ridership, revenue, equity outcomes, customer experience, and any recommended fare policy adjustments.

7. Reaffirm requests to the Federal and Provincial Governments for a tri-partite development of a sustainable, long-term funding model for public transit capital and operation's needs.

8. Delegate authority to the Chief Executive Officer to execute any transfer payment and / or contribution agreements required with the Province of Ontario and / or the Government of Canada to receive intergovernmental funding for priority projects and programs, subject to terms and conditions satisfactory to the TTC’s General Counsel.

9. Forward this report to the City Budget Committee and the City Manager as the official 2026 Operating Budget submission for the Toronto Transit Commission.

10. Given that:

- The TTC budget is under immense and growing pressure,

- It costs the TTC about $20 million per year to accept cash fares ($10 million in operating costs and $10 million in lost revenue from fare cheating (partial payment)),

- Many transit systems in Ontario and around the world no longer accept cash fares, and

- Since 2023, Open Payment has meant that multiple payment alternatives are available to ensure equity and accessibility for TTC customers who don’t have easy access to a PRESTO outlet, including prepaid credit cards that are widely available without credit checks or bank accounts,

The TTC should consult the public on their preferred option for spending this $20 million per year, including options such as:

- continuing to accept cash fares,

- expanding Fair Pass, or

- improving wayfinding,

and report back to the TTC Board as part of the first quarter of 2027 Fare Modernization Update with recommendations on whether, when and how to fairly phase out cash fares.

11. The TTC Board directs that the Chief Executive Officer work with the City Manager to explore and report back to the Strategic Planning Committee as part of the 2027 budget process and in advance of the 2027 budget with opportunities to strengthen the accountable and transparent relationship between the TTC and the City of Toronto, including consideration of mechanisms to formalize agreements between both entities on key performance indicators, verification/auditing, service levels, safety and customer experience.

The Toronto Transit Commission recommends that City Council:

It is recommended that the TTC Board:

1. Endorse the TTC 2026-2040 Capital Investment Plan of $53.994 billion, as outlined in Attachment 1 of this report.

2. Endorse the TTC 2026-2040 Real Estate Investment Plan Update, including the implementation timeline, as outlined in Attachment 2 of this report.

3. Approve a 2026 Capital Budget of $1.635 billion and future year planned estimates of $15.022 billion for a total TTC 2026-2035 Capital Budget and Plan of $16.657 billion, comprising the following, as outlined in Appendix B of this report:

a. A 2026 Capital Budget of $1.606 billion and future year planned estimates of $14.916 billion, for a total TTC 2026-2035 Base Capital Budget and Plan of $16.522 billion; and

b. A 2026 Capital Budget of $28.7 million and future year planned estimates of $106.3 million, for a total TTC 2026-2035 Capital Budget and Plan of $135.0 million for Transit-Expansion-Related Projects.

4. Approve a 2026 year-end capital workforce complement of 3,345 positions, reflecting an increase of 60 capital positions, as summarized in Appendix D.

5. Reaffirm requests to the Federal and Provincial Governments for a tri-partite discussion on the development of a sustainable, long-term funding model for public transit capital and operations needs.

At its meeting on Wednesday, January 7, 2026, the TTC Board considered the attached report entitled “Recommended 2026-2035 Capital Budget and Plan, 15-Year Capital Investment Plan, and Real Estate Investment Plan Update”.

The Board adopted the following:

It is recommended that the TTC Board:

1. Endorse the TTC 2026-2040 Capital Investment Plan of $53.994 billion, as outlined in Attachment 1 of this report.

2. Endorse the TTC 2026-2040 Real Estate Investment Plan Update, including the implementation timeline, as outlined in Attachment 2 of this report.

3. Approve a 2026 Capital Budget of $1.635 billion and future year planned estimates of $15.022 billion for a total TTC 2026-2035 Capital Budget and Plan of $16.657 billion, comprising the following, as outlined in Appendix B of this report:

a. A 2026 Capital Budget of $1.606 billion and future year planned estimates of $14.916 billion, for a total TTC 2026-2035 Base Capital Budget and Plan of $16.522 billion; and

b. A 2026 Capital Budget of $28.7 million and future year planned estimates of $106.3 million, for a total TTC 2026-2035 Capital Budget and Plan of $135.0 million for Transit-Expansion-Related Projects.

4. Approve a 2026 year-end capital workforce complement of 3,345 positions, reflecting an increase of 60 capital positions, as summarized in Appendix D.

5. Reaffirm requests to the Federal and Provincial Governments for a tri-partite discussion on the development of a sustainable, long-term funding model for public transit capital and operations needs.

6. Delegate authority to the Chief Executive Officer to execute any transfer payment and / or contribution agreements required with the Province of Ontario and / or Government of Canada to receive intergovernmental funding for priority projects and programs and amend the 2026-2035 Capital Budget and Plan to include the funding, subject to terms and conditions satisfactory to the TTC’s General Counsel.

7. Forward this report to the City Budget Committee and the City Manager as the official 2026-2035 Capital Budget and Plan submission for the Toronto Transit Commission.