Reserving judgment as Toronto's budget nears the finish line

City Hall Watcher #316: Toronto's Budget Committee wraps up their work on the 2025 budget, with notes on swelling reserve funds, more winter washrooms, skating rinks and more.

Well, City Hall Watcher 316 just whipped into your inbox. We’re nearing the end of City Hall’s budget process. I’ve got notes on how the Budget Committee wrapped up their work on the spending plan — and what they’re looking to see in 2026.

But first, how does a City Hall that seems to be teetering on the edge of a financial crisis basically have $12 bil…