AKS
Senior Member
Just doing the math here on my previous post, and Scarborough is 23% of Toronto's population in 2006. Since property tax revenues by borough aren't readily available (or at least I couldn't find them, if anyone can I can refine my estimate), it can be assumed that Scarborough accounts for 23% of the City's property tax revenue, or somewhere in that range.
I think there's going to be a big change in the new census. Many people have moved/gathered downtown and along Yonge St. and population will be increasing over the next few decades.
So needless to say, if Scarborough wants to pay for subways, it wouldn't be cheap. But if it's something that they collectively vote for, who can say no?
I don't think Scarborough is willing to pay for the subways. They just want it. If you hike up their taxes, they will have a fit.
Stintz argued there is no way to fund a subway without raising taxes, challenging Chong to say where in his plan there is an explanation of how it would be funded.
“Are you thick or what?” Chong replied, to enormous applause. “If this mayor and this council would open their minds to all the potential funding tools available we could not only fund this line but a whole network.”
Clearly, raising taxes was not an option. Chong suggested "other potential funding tools". What tools, who knows. It's like saying there's lots of gravy at city hall but Ford ended up cutting services instead. If they think the developers will cough up the money, they're living in a dream world.
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