At its recent meeting, the TTC considered a staff report on the 2011 budget including Operating (the so-called conventional system’s day-to-day costs and revenues), Wheel-Trans and Capital (major repairs and expansion). The material in this report is only an overview of the full budgets to be presented at the Commission in January 2011. Many details remain to be seen, not the least of which will be the TTC’s reaction to the prevailing political mood after the October 25 election.
In this article, I will deal only with the Operating Budget, and will turn to the others in future posts. Continue reading