THE PROMISE RECORDTORONTO · CIVIC RESEARCH
Promise trackerCity finances & taxes
City finances & taxes

Keep property-tax increases “modest”

The description is subjective. Actual combined residential increases are provided without assigning a pass or fail.

Not measurable

The original commitment

Keep property-tax increases modest.

Documented: 2023 campaign; documented 27 June 2023. Contemporaneous post-election roundup; exact announcement date not established.

CityNews: 2023 campaign commitments: contemporaneous roundup ↗

What would count as delivery?

No numerical ceiling was specified in the documented commitment.

Delivered — but when?

2023 campaign deadline: No specific completion deadline established in the reviewed 2023 campaign record.

Actual milestone: Full milestone delivery not established. See the record for partial actions.

Late against the campaign deadline? Not assessable from the reviewed campaign deadline evidence.

Project schedule comparison: No comparable project deadline assessment established in this review.

CityNews: 2023 campaign commitments: contemporaneous roundup ↗

What the record shows

  1. The adopted 2024 budget included a 9.5% combined residential increase.

    City of Toronto: 2024 adopted budget summary ↗

  2. The 2025 increase was 6.9%: a 5.4% base increase plus a 1.5% City Building Fund levy.

    City of Toronto: 2025 budget adopted: tax and service changes ↗

  3. The adopted 2026 budget set a combined residential increase of 2.2%.

    City of Toronto: 2026 adopted budget: affordability and financial sustainability ↗

Action ≠ outcome

These annual rates do not determine every household’s final bill and do not include water or waste fees.

Qualifications & shared responsibility

Council adopts budgets. Without a campaign threshold, labeling these increases “modest” or “not modest” would substitute an editorial opinion for a measurable test.

Sources for this record