Categories
Toronto

City budget indecipherable to ordinary citizens

Toronto released their budget this week and other than the usual tax hikes for property owners, this interesting post on Eye Daily about the gibberish and jargon of a city budget.

It lists the specialized terms the budget contains to describe its expenditures and revenues, and the list is incomprehensible, even to me, a soon-to-be Chartered Accountant:

  • OMBI
  • COTA
  • Net pressures
  • Revenue tools
  • Adjusted pressure
  • MPMP
  • ABCs
  • Single tier and regional CAOs
  • COLA
  • Assessment growth
  • Social service cost sharing
  • OW COA
  • EMS
  • CM & CFO
  • FY Incremental Outlook
  • Full cost recovery model

It’s a little ridiculous, no? How do they expect ordinary citizens to understand where their property taxes are going, if I can’t even decipher the above?

The link above contains comments on the original post that outline what the terms most likely mean, although no one from the City has come forward with the official definitions.

Categories
Toronto

Toronto’s building wi-fi network downtown

It was not too long ago that I was writing about Chicago’s plans to blanket the city in wireless internet and wondering when Toronto would follow suit. Well apparently, it won’t be long:

Mayor David Miller will join Toronto Hydro executives on Tuesday to officially announce the initiative, which will be the largest of its kind ever undertaken in Canada and could undermine commercial product offerings from Rogers Wireless, Telus Mobility and Bell Mobility.

It should be available as early as this fall in the downtown core, of which I’m sure High Park isn’t a part. I don’t really need it in this neighborhood, but having it downtown should inevitably prove convenient.

Especially if you go to Ryerson and have frequent problems connecting to their network. I know someone who does!