Toronto Council meets today!

After Chow makes her pitch, Councillor Holyday asks Chow about the use of reserve funds in the budget.

Chow says this budget is the result of "prudent fiscal management" where the city saved money over the last few years for things like FIFA, collective bargaining agreements, and shelters.

"How do we face the public knowing that our expenses will continue to go up, and we won't have reserve funds to offset those costs?" asks Holyday.

Chow says reserve funds will continue to grow. She's hopeful the federal gas tax contribution to municipalities will increase, which will help even more

"Will you commit that if you are re-elected, you will deliver next year's budget also at the rate of inflation?" Councillor Brad Bradford asks Chow.

Chow runs out the clock talking about reserve funds and affordability. She notes Bradford advocated for using reserve funds in recent years.

"You are effectively trying to buy Torontonian's votes with this budget," says Bradford. "Do you know how much you'll have to raise taxes to replace the $550 million draw you're raiding from the reserves this year?"

Chow rejects the premise. Again points out Bradford tried to use reserves last year

Moving on, Chow notes that she recently gave PM Carney a card for the Chinese New Year with a house on it. Inside, she wrote a message about building fast. (It's the year of the horse, and horses are fast, she explains.)

Budget Chief Carroll has A LOT of motions, including:

- $6.2 million to offset fed funding for youth violence prevention, if necessary
- $355K for rat response and coyote coexistence
- $300K for youth hub in Scarborough
- $150K for Scarborough food scene pilot

More Carroll motions:

- $200K for free school field trips to the zoo
- $100K for Cecil Street Community Centre
- $32K for Neighbourhood Climate Action Grants
- $30K for Weston Area Emergency Supports
- $75K for Weston Community Association
- $35K for fireworks at Mel Lastman Square

Even more Carroll motions:

- $45K for banners in Little Iran
- $80K for Malvern community initiatives
- $15K for vehicle theft prevention pilot
- $150K parks in Don Valley West
- $100K for drop-in centres
- $185K for legal services for tenants

And yet more motions from Carroll:

- $7K for Thorncliffe Park Sports
- $50K for micromobility in Greektown
- $90K for pest removal at Toronto Seniors Housing.

"There's nothing there! Nothing but the hiring plan and the collective bargaining agreement," says Carroll of the police budget increase. She says that's also true of many other departments.

"I hope you will keep that in mind and not plunder these budgets," she adds.

Councillor Holyday has three motions, all in service of reducing draws on reserve funds:

- Eliminate the new fare capping policy on TTC
- Start charging fares for kids under 12
- Increase TTC fares

Councillor Holyday requests that the City Clerk install a red warning light on the desks of councillors. "I want that red light to show that the gas tank is empty. We're running on fumes. That's the fuel warning light — that we're drawing down on reserves to make the budget appear as it does here."

On behalf of Deputy Mayor Malik, who is not in the chamber, Councillor Morley moves to add $450K to fix up the Amsterdam Bridge on the waterfront, and $2.125 million to revitalize Victoria Memorial Square. Both funded via dev fees.

Councillor Mike Colle takes a moment to encourage people to visit their local Italian bakery.

And that, appropriately, brings us to lunch. Back at 2 p.m. to polish off this budget debate.

Council is back. Councillor James Pasternak moves to remove $4 million in near-term funding for a new homeless shelter on Wilson Avenue, saying the project needs more time for consultation.

"We're the leading producer of housing in this country, yet we were cut by $10 million from the Housing Accelerator Fund based on a petty dispute over sixplexes," complains Pasternak.

Pasternak ends by apologizing to the police for his earlier question about "hiding behind the charter." He says he has "high regard for them and high respect for their work."

Bravo asks Pasternak if he's concerned that his motion could delay the opening of the Wilson Ave shelter by 12-18 months, and/or force the city to break design and construction contracts, and/or cost $340K per month as the city is forced to shelter people in hotels. Pasternak is not concerned.

Here's my ongoing motion tracker for this city budget debate, if you want to play along at home. I'll update it with motions as they come and the results of the votes when we finally get there. https://datawrapper.dwcdn.net/GqDUo/2/

Councillor Lily Cheng laments that "every year I have to advocate for economic and cultural investments" in North York Centre.

She warns that without those investments, the North York Centre Secondary Plan and resulting population growth will turn the area into a "vertical suburb."