TTC Budget Committee Meeting: Capital Budget 2017-26

The TTC’s Budget Committee met for the first time since November 2015 yesterday (Sept. 6) to consider reports on the Capital Budget for the next decade. (Please refer to the article TTC’s 2017-2026 Capital Plan for a detailed review of the reports.)

Budget reports can be long and dull, but this year’s edition was not helped by having all of the material presented by one rambling speaker who cherry-picked points from the presentation for emphasis, and on more than one occasion simply made basic mistakes. This is not a new problem at the TTC, and the time is long overdue for them to find someone who can do this work in a way that (a) inspires confidence that management actually knows what they are talking about and (b) focuses on key areas that require the Board’s attention.

Continue reading