How James Pasternak voted at council

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1. 2024.MM14.4REFERRED

   Tax Fairness for All: An Equitable Approach to the Residential Property Tax Rate on Toronto Island

   Toronto Island home owners enjoy a beautiful setting, low crime rates, full municipal services and a year-round ferry. Additionally, this exclusive enclave has some of the lowest residential property tax bills in the City. Home ownership on Toronto Island is different from the rest of the City. Residents own the house but not the land it sits on, which is leased from the City. Consequently, residential property taxes are extremely low as they are based solely on the house value, not the land and house value like the rest of the Toronto. Due to these unique circumstances, Toronto Island residents pay significantly lower residential property taxes than everyone else. For example, the average Toronto Island home owner pays approximately $1,530 per year, whereas the average Flemingdon Park tenant pays $4,320 of property tax annually in their rent. However, given the island setting the cost of providing municipal services there is approximately three times the cost for the rest of the City. With the current residential property tax rate, Toronto Island residents are not paying their fair share. In fact, the provision of their municipal services is heavily subsidized by taxpayers across…

   City Council · 2024-02-07 14:19 PM

   Waive Referral

   James Pasternak's vote: Yes

   Two-Thirds required - MM14.4 - Waive referral

   Motion result

   Lost

   Recorded tally

   11-15

   Source outcome