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$11.907 billion
- The staff recommended 2021-2030 Capital Budget and Plan totals $11.907 billion.
pw.ttc.ca/-/media/Project/TTC/DevProto/Documents/Home/Public-Meetings/Board/2020/December_21/Reports/2_TTC_15_Year_CIP_and_2021_2030_Capital_Budget_and_Plan.pdfTTC 15-Year Capital Investment Plan & 2021 – 2030 Capital ...
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How much capital does the Toronto Transit Commission need?
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How much will Toronto Transit Commission spend on a 2023-2031 Capital Plan?
The 2022-2036 Capital Investment Plan (CIP) totals $37.22 billion in base capital needs over a 15-year period. The following table summarizes the capital investment
The 10-year Capital Budget & Plan includes $217.781 million for the following transit expansion projects included in the TTC’s Capital Works Program : SRT Life Extension Overhaul – $19.644 million in 2021 and $27.544 million
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This year’s share of the $12.5 billion 2023-2032 capital budget plan is approximately $1.34 billion, comprising $800 million for infrastructure and state of good repair projects, $455 million for vehicle purchases and overhauls and $88 million for transit expansion-related work.
In addition to the $12.051 billion funded in the 2022-2031 Capital Budget and Plan, a further $11.256 billion in capital needs constraints have been identified within the 10-year timeframe of the Toronto Transit Commission’s 15-year Capital Investment Plan (CIP), as reflected in the table above.
Dec 20, 2021 · The budget includes funding for: • The opening of Line 5, Eglinton-Crosstown in 2022 and preparing for the opening of Line 6 Finch West in 2023. • Restoration of full pre-pandemic service levels in the second quarter of 2022. • Increased Wheel-Trans service to meet demand.
Operating funding for bus, streetcar, subway and Wheel-Trans services, inclusive of new investments for system safety, cleanliness and accessibility total $2.286 billion gross and $886.5 million net, representing a $10.4 million or 1.2% increase over the 2022 approved Operating Budget.
Under PTIF, total funding of up to $1.712 billion gross ($856 million Federal share) has been made available to the City of Toronto/TTC for transit upgrades and improvements. Capital projects commenced after April 1, 2016 and completed by March 31, 2020 may receive up to 50% funding of eligible costs.
