Ooops.
*** sigh. ***
Yes, we here at All Fired Up in the Big Smoke will admit to getting caught up in the hype and conjecture surrounding Mayor Miller’s Big Announcement this morning. Hopes were raised. Dreams dared to dream once more. The big dog was getting back in the race.
All for nought.
On the surface, what we were given amounted to nothing more than a budget update. Since last week, it seems, revised numbers uncovered an additional $100 million in the city coffers, some of which would be used to lower proposed property tax increases for the upcoming year. Another chunk of it would be set aside as a ‘property tax stabilization’ fund for use in future years to keep increases reasonable.
Most importantly for the mayor, what this meant was that not only did his administration deliver a balanced budget for Toronto this year but the opportunity was now in place for a balanced budget again next year as well. The contingency for that to happen is the province reassuming the obligation to pay its portion of the TTC operating cost which, to hear Premier McGuinty aka Dalton Empty Pockets, is not a done deal. But that’s a fight for the next mayor and council to engage in.
The response to Mayor Miller’s Big Announcement split into two camps. One: he told us to bring our satellite truck out for this? Two: another surplus after the first surplus they ‘discovered’ during the initial budgeting process? Clearly, an indication of massive financial mismanagement. (Prediction? Read all about it in Sue-Ann Levy’s next Toronto Sun column. And maybe Royson James in the Star as well.) How can you just ‘discover’ $100 million dollars?!
Let’s put that number into a little perspective. If my Google assisted math is correct, $100 million in terms of an overall $9.2 billion operating budget works out to about 1.1%. To put that in more tangible terms, that would be like you budgeting to make a $9 purchase and ‘discovering’ an extra dime in your pocket. As the mayor said in the press conference, every level of government revises their numbers regularly. Hell, businesses do it too. I was still receiving financial statements from companies last June, a full two months after my taxes were due.
Which takes us back to the first camp. What’s the big deal? Why all the fuss? So what?
Well, I think Mayor Miller hyped the proceedings in the hopes of going wide with this shot across the bow of the campaigns of the two men vying to succeed him. Combined with his pugnacious column in last week’s NOW magazine, Miller stepped into the void on the progressive side of electoral ledger, defending his legacy from the slings and arrows of the Smitherman and Rossi camps.
He defiantly challenged their numbers, claims and promises of solutions. During the press conference he trumpeted this as the start of a multi-year budget planning process (a demand of candidate Rocco Rossi, see Amanda Belzowski). The mayor stated simply that the city’s fiscal condition was in robust enough condition that there would be absolutely no reason to sell off any of Toronto’s assets. For the next mayor to do that would be a choice rather than a necessity.
While it’s great that finally somebody is standing up to the right wing, reactionary bluster of Smitherman and Rossi, it’s unfortunate that it’s the outgoing mayor who’s doing it. Clearly the left wing hasn’t recovered from the Adam Giambrone flameout. He appears to have been the anointed one and no one was prepared to step in and take his place. Deputy Mayor Joe Pantalone, who has spent much of his campaign so far trying to distance himself for the current administration, has been meek in his response to the Chicken Little antics coming from the front runners. Perhaps now Mayor Miller has paved the way for Pantalone to be more aggressive. Or maybe, he’s cleared the deck for another candidate to step up to the plate and proudly bear the flag. Budget Chief Shelley Carroll wasn’t too far from the podium at this morning’s press conference…
Either way, hopefully the Big Annoucement has altered the playing field of the campaign and made it that much more difficult for Smitherman and Rossi and all the other neo-conservative hysterics to tell us the place is going to hell in a handbasket. The bad news is, it won’t be Mayor David Miller capitalizing on that shift. For some of us, that was the news we were really hoping to hear.
— somewhat dejectedly submitted by Cityslikr
I don’t know … if I had budgeted to spend $9 and found an extra dime in my pocket, I guess I could buy myself a gummie bear (http://inventors.about.com/od/gstartinventions/a/gummi.htm) … perhaps I’d get lucky and get 3 for .10 … but if I was spending $9 billion and found myself with an extra $100 million I certainly could buy myself a few more gummie bears (and if they’re 3 for .10 … then lookout!).
I guess he should be less transparent … or he could’ve just pointed out that he had a big budget announcement to make … and then his news would’ve been a little more easy to digest.
BTW … whatever happened to Toronto Unlimited? (http://www.torontounlimited.ca/) … I ask because he never mentions it anymore … all I hear now is “a great city isn’t built for free” … oh … wait a minute … I get it now.
Dear I hate this guy,
We here at All Fired Up in the Big Smo–mmmmmmmm, gummie bears……