Thanks to Mayor Tory’s 2.6% budget cut and chronic under funding of the TTC, there is a $2.5 billion shortfall in the 2017 – 2026 TTC capital budget. New buses, wheel trans buses and bus stop improvements for accessibility are not funded in this year’s budget. Neither are two hour transfers.
With a $2.5 billion TTC capital budget shortfall, why are we building a one-stop subway boondoggle?
With a $2.5 billion TTC capital budget shortfall, why are we building a one-stop subway boondoggle?
Read about the TTC Capital budget here.
However, Scarborough councillors are fine with a 1.6% property tax increase in order to generate $910 million for a $3.2 – 3.56 billion, one-stop subway. This includes $112 million to extend the life of the SRT until 2026 and $123 million to decommission the SRT. None of which would be necessary, had we stuck with the original seven-stop LRT plan.
Read this entire post on Scarborough Transit Action's website.