Streety McCarface
Senior Member
I supported the road tolls, but this fallacy that some still believe...that somehow it would have funded some of our big-ticket transit projects is out of touch with reality. A reminder: the tolls were planned to kick in only after 2024. The actual projected revenue (after expenses) was around $200 million annually, which would have first went toward paying for the Gardner repairs. Not until we are well into the 2030s would these tolls have funded transit in a major way. It's time to stop kidding ourselves here and acknowledge that these tolls alone fall drastically short of fulfilling our enormous funding needs for transit. The mayor has spent his entire term in office begging for more money from Queens Park, with almost nothing to show for it. Therefore it's time that he and council start looking at other revenue tools that are available to us, and stop with their annual politically-driven point of keeping property taxes below inflation.
$200 million dollars annually paying for the Gardiner repairs instead of taxpayers money paying for the Gardiner repairs seems to make available revenue for transit that wouldn't have been available otherwise.