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When the budget was announced in February, the surplus was estimated at $250 million, but has Red Air Max 90 Outfit

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Wage constraint on management and front line staff

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per cent.

Higher than expected interest in investment earnings

Cost cutting in 2009

He said the surplus is the result of the following:

cent funding of the TTC operating costs.

I introduced the budget in February, I said you can have a great city for free. I said this is important, Miller said. who tells you they can freeze or cut your taxes, and provide services, emergency services, public transit, crime and protecting [.] is simply not telling you the whole story. said that by placing remainder of the surplus in a tax stabilization reserve, it will allow for a balanced 2011 Nike Air Max 90 Ultra Br Mens Shoe budget, with no TTC fare increase assuming a three per cent tax increase in 2011 and the province agreeing to return to 50 per Nike Air Max Black Reflective

TORONTO, Ont. Toronto financial picture is much brighter thanks to a higher than expected budget surplus announced by Mayor David Miller, Wednesday.

David Miller reveals budget surplus of

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been upgraded to $350 million.

Higher than expected parking revenues

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Miller proposed the money be used to reduce the proposed four per cent residential property tax increase to 2.9 per cent and trimming the business property tax to less than one Nike Air Max Black And White Pattern

Revenue from new development and new construction

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