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The Municipality of Metropolitan Toronto,

185 Bloor Street East, Toronto 5, Ontario, Canada.

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Government

Publication*

THE

MUNICIPALITY OF

METROPOLITAN TORONTO CANADA

ANNUAL REPORT OF THE

COMMISSIONER OF FINANCE

1956

9

OFFICIAL SEAL OF

THE MUNICIPALITY OF METROPOLITAN TORONTO

EXPLANATION

Winged Cogwheel—Represents Industry.

Open Books—Stand for Education.

The Imperial Crown—Commemorates Coronation Year of Her Majesty

Queen Elizabeth II, in which year the Municipality was incorporated.

The Chevron—One of the well-known heraldic ordinaries derived from the

gable of a house—suggests housing.

The Caduceus or Staff of Mercury, The Roman God of Commerce.

CC‘7A.S4

<*.M. SI

3 n ov^rnTIfnl

Publication*

FREDERICK G. GARDINER, B.A., Q.C.

Chairman—Metropolitan Council

Reeve of the Village of Forest Hill - - 1938-1949

Warden of the County of York ... 1946

Appointed Chairman of the Metropolitan Toronto Council

on April 15th, 1953 by the Lieutenant-Governor in Council.

Elected Chairman by the Metropolitan Council for 1955,

Re-elcctcd 1956 and 1957.

4

G. ARTHUR LASCELLES

Commissioner of Finance and Treasurer

Entered Civic Service, City of Toronto (Treasury Department), April 1, 1913. Appointed Commissioner of Finance and Treasurer,

October 1,1941.

Appointed Commissioner of Finance and Treasurer of The

Municipality of Metropolitan Toronto, May 26, 1953.

5

INDEX

Administration—general

Area.

Assessment.

Balance Sheets—

The Municipality of Metropolitan Toronto:

Capital and Loan Fund

Pension Fund.

Revenue Fund

Sinking Fund

Trust Fund.

The Metropolitan School Board:

Capital

Revenue Fund

Waterworks (Current and Capital)

Auditor’s Certificate

Capital Expenditures.

Comments of Commissioner of Finance

Council (Metropolitan).

Debenture Debt

Department Heads

Education

Expenditures 1956 (Current)

1 lealth

Levy—Metropolitan

General.

Education.

Map—Metropolitan Area

Park cs Photographs

Population.

Protection to Persons and Property (Police, Courts, etc.)

Provincial Government Grants

Revenues 1956 (Current).

Roads.

Sinking Funds re Debenture Debt .

Seal.

School Board (Metropolitan).

Sewage System.

Statistics—Metropolitan Area.

Surplus:

General.

Education.

Sinking Fund.

Waterworks.

Tax Levies and Collections—Area Municipalities

Toronto Transit Commission

Gray Coach Lines.

Unclassified Expenditures (Civil Defence, etc.).

Waterworks. .

Welfare .

PAGES 17

73 60, 73

34

43

36

40

39

47

48

44

. 33

28, 61

11-29

6 23, 67-72

7

12, 18, 47-50

12, 52-55

13 60

17

18

8

16

8, 9, 30, 31, 32, 51, 66.

73, 74

14

12, 17

12, 56-59

13

27, 40-42

2

18, 47-50

14

10

17,38

19, 50

41

20, 46

75, 76

20, 62

23, 64

16

12, 19, 44-46

13

6

METROPOLITAN COUNCIL—1956

CHAIRMAN

FREDERICK G. GARDINER, Q.C.

REPRESENTATIVES

CITY OF TORONTO

MAYOR NATHAN PHILLIPS, Q.C.

CONTROLLER FORD G. BRAND

CONTROLLER F. JOSEPH CORNISH, Q.C.

ALDERMAN KENNETH G. WATERS Wan

ALDERMAN WILLIAM DENNISON War.

ALDERMAN ROSS D. PARRY Wan

SUBURBAN

REEVE HARRY G. SIMPSON .

REEVE W. BEVERLEY LEWIS .

REEVE LAURIE T. SIMONSKY (a)

MAYOR CHARLES H. HISCOTT

REEVE (MRS.) MARIE CURTIS

MAYOR W. A. EDWARDS

MAYOR D. R. RUSSELL ....

REEVE FREDERICK J. McMAHON, Q.C

REEVE AUGUSTUS HARRIS .

REEVE (MRS.) DOROTHY HAGUE .

MAYOR HARRY CLARK ....

ACTING REEVE CHRIS. A. TONKS (b)

EXECUTIVE COMMITTEE

FREDERICK G. GARDINER. Q.C., Chairman

NATHAN PHILLIPS, Q.C. FORD G. BRAND

(MRS.) MARIE CURTIS (c) F. J. McMAHON, Q.C.

(a) Elected Reeve by acclamation May 4, 1956, Vice Charles O. Bick—resigned. (b) Appointed Acting Reeve by Township Council August 27, 1956. Vice Fred W. Hall—resigned. (c) Elected by Metropolitan Council May 1, 1956, as member of the Executive Committee. Vice Charles O. Bick—

resigned.

ALDERMAN HERBERT ORLIFFE Ward 4

ALDERMAN PHILIP G. GIVENS Ward 5

ALDERMAN (MRS.) MAY ROBINSON W ard 6

1 ALDERMAN WILLIAM C. DAVIDSON, Q.C. Ward 7

2 ALDERMAN DONALD D. SUMMERVILLE Ward 8

5 ALDERMAN (MRS.) JEAN D. NEWMAN Ward 9

Township of East York

Township of Etobicoke

Village of Forest Hill

Town of Leaside

Village of Long Branch

Town of Mimico

Town of New Toronto

Township of North York

Township of Scarborough

Village of Swansea

Town of Weston

Township of York

7

HEADS OF DEPARTMENTS—1956

(a) LESLIE B. ALLAN, B.A.Sc., P.Eng. Commissioner of Roads

S. CASS, B.A.Sc., P.Eng. . Traffic Engineer

F. D. CAVILL. Director of Property

(b) ROSS L. CLARK, B.A.Sc., P.Eng. . Commissioner of Works

WILBERT W. GARDHOUSE . Clerk

GEORGE H. GLENNIE, B.A., E.C.A. Auditor

A. J. B. GRAY . Assessment Commissioner

G. ARTHUR LASCELLES . Commissioner of Finance and Treasurer

J. A. R. MASON, Q.C. . Commissioner and Co-ordinating Officer

of the Court of Revision

C. FRANK MOORE, Q.C. . Solicitor

G. W. NOBLE. Personnel Officer

R. J. SMITH . Commissioner of Welfare and Housing

T. W. THOMPSON, B.S.A. . Parks Commissioner

(a) Leslie B. Allan, B.A.Sc., P.Eng., appointed Commissioner of Roads, July 16, 1956; was Commissioner of Roads and Works, January 1 to July 15, 1956.

(b) Ross L. Clark, B.A.S.c., P.Eng., appointed Commissioner of Works, July 16, 1956.

MUNICIPALITIES FORMING METROPOLITAN TORONTO

(Showing years of Incorporation)

LAKE ONTARIO

DOWNTOWN TORONTO SKYLINE

9

METROPOLITAN TORONTO JUVENILE AND FAMILY COURT

(Approximate Cost, $1,900,000—Officially Opened, June 1957)

10

PRINCIPAL STATISTICS

OF

METROPOLITAN TORONTO

Population (1956 Census of Canada). 1,358,028

Area. 240 sq. miles

Assessment:. $3,183,122,850

Industrial, Commercial, etc. $1,412,242,925

Residential. 1,770,879,925

Building Permits—1956:

Number. 20,801

Value. $534,656,000

Schools (Public and Secondary). 330

Paved Roads:. 1,294 miles

Metropolitan. 281 miles

Area Municipalities. 1,013 miles

Streetcar and Subway Track and Bus Routes. 470 miles

Motor Vehicle Registrations—1956. 429,322

Sewers:. 2,216 miles



Watermains:. 2,098 miles



Water Consumption—1956. 52,755,563,000 gallons

Telephone Installations. 640,000

Manufacturing Establishments:

Number. 4,685

Number of Employees. 200,352

Bank Clearings—1956. $5,525,000,000

Stock Exchange—Average Number of Shares Traded Daily, 1956. 5,389,309

Harbour Cargo Tonnage—1956. 5,500,000

ANNUAL REPORT

OF THE

Government

Publication*

COMMISSIONER OF FINANCE


1956

Mr. Frederick G. Gardiner, Q.C., Chairman, Toronto, September 27, 1957.

and Members of the Council of

The Municipality of Metropolitan Toronto,

Toronto, Ontario.

Ladies and Gentlemen:

I am pleased to submit the Annual Report on the financial affairs of The Municipality of

Metropolitan Toronto for the year ended December 31, 1956.

The Municipality of Metropolitan Toronto Act, 1953 (Statutes of the Province of Ontario,

2 Elizabeth II, Chap. 73), provided for the federation of the Municipalities in the Toronto Metro¬

politan Area for certain financial and other purposes. By this Act the inhabitants of the following

Municipalities were constituted a body corporate, under the name of “The Municipality of Metropolitan

Toronto”:

City of

Township of East York

Township of Etobicoke

Village of Forest Hill

Town of Leaside

Village of Long Branch

Town of Mimico

Toronto

Town of New Toronto

Township of North York

Township of Scarborough

Village of Swansea

Town of Weston

Township of York

The above Municipalities are referred to in this report as the “Area Municipalities” and The

Municipality of Metropolitan Toronto as the “Metropolitan Corporation”.

In previous Reports the administrative organization, functions and powers of the Metropoltan

Corporation, The Metropolitan School Board and the Toronto Transit Commission (as set out in

The Municipality of Metropolitan Toronto, Act, 1953) were described in considerable detail. In

this Report such information in this regard is given only to the extent required to provide a proper

understanding of 1956 operations; but special reference is made to significant extensions of responsi¬

bilities and powers which have come into effect in 1956 through amendments to the Act.

12

REVENUES AND EXPENDITURES

The following statement of revenues and expenditures in 1956 has been prepared on a functional rather than a departmental basis with a view to indicating the cost, both gross and net, of the services and financial obligations for which the Metropolitan Corporation 1 )ecame responsible under the Metropolitan Toronto Act.

STATEMENT OF REVENUES AND EXPENDITURES

for the Year ended December 31, 1956

Revenues Net Costs

Gross Sundry, Sur- of Specific

Expenditures pluses from Services and

Classification including Provincial 1955 and 1956

Debt Charges Grants Metro Levies Surpluses

General

Health and Welfare. $ 9,468,512 $ 1,818,232 $ 974,527 $ 6,675,753 Roads. 6,027,939 1,641,546 8,470 4,377,923 Sewage System. 3,868,060 26,878 3,841,182 Administration—General. 3,126,978 138,545 2,988,433 Protection to Persons and Property. 2,735,743 205,927 404,874 2,124,942 Parks. 627,493 91,349 536,144 Unclassified. 2,938,250 629,441 2,308,809

$28,792,975 $ 3,665,705 $ 2,274,084 $22,853,186 Deduct:

Provincial Government Unconditional Per Capita Grant. $ 4,982,100 $ 4,982,100

Surplus from 1955. $ 1,547,181 $ 1,547,181 General levy. 18,042,836 18,042,836 Share of Supplementary Taxes less

Deficiencies. 261,999 261,999

Total General. $28,792,975 $ 8,647,805 $22,126,100 $ 1,980,930 S

Education. $37,335,487 $10,399,569 $26,935,918

Deduct: Surplus from 1955. 834,038 834,038 Educational levy. 26,424,398 26,424 398 Share of Supplementary Taxes Less

Deficiencies. 387,651 387,651

$37,335,487 $10,399,569 $27,646,087 $ 710,169 S

Total General and Education. $66,128,462 $19,047,374 $49,772,187 $ 2,691,099 S

Waterworks (Self-sustaining). $ 6,422,514 5,964,034 458,480 D

Debt Charges Recoverable

Toronto Transit Commission. 4,069,945 4,069,945 Area Municipalites. 5,565,222 5,565,222

$82,186,143 $19,047,374 $65,371,388 $ 2,232,619 S

S—Surplus D—Deficit

. |

13

Health and Welfare (See Pages 52 and 56)

Though the term Health has been adopted as part of the caption for the classification of expendi¬

tures herein, it should be noted that as a Metropolitan function it refers generally to hospitalization,

rather than Public Health services, such as medical and dental services, public health nursing, food

inspection, etc., which remain the responsibility of the Area Municipalities.

Approximately 50% of hospitalization net expenditures in 1956 of $4,020,041 was a statutory

obligation with respect to indigent patients. The balance was made up of grants to hospitals of

$1,937,901 ($990,901 on account of operating deficits and $947,000 as aid in building construction)

and administrative costs of $66,457. Grants on account of operating deficits include a grant to the

City of Toronto to cover the 1955 deficit with respect to the Riverdale Isolation Hospital. On

January 1, 1957, this hospital became vested in the Metropolitan Corporation under the Corporation’s

authority to establish and operate a public hospital and an isolation hospital. Extensive alterations

and renovations now in progress will be completed in 1958.

Payments to Children’s Aid Societies amounted to $2,647,682 of which $2,420,873 represented

payments in accordance with statutory requirements. This cost was abated by recoveries of $44,137

from parents and grants of $1,029,463 from the Provincial Government based upon 40% of the net

expenditure established in accordance with the statutory rate. By amendment in 1957 to The Child

Welfare Act, 1954, the grants payable by the Provincial Government were increased from 25% to

40% effective January 1, 1956.

The Metropolitan Corporation is statutorily required to erect and maintain Homes for the Aged

and is empowered to do so either within or outside the Metropolitan Area. The gross expenditure

on this account in 1956 amounted to $2,099,950. After recoveries of $459,463 from residents, $63,052

sundry revenues and $788,769 from Provincial Government Grants, the Metropolitan Corporation

was responsible for raising $788,666 by levy against the Area Municipalities. During 1956 the Metro¬

politan Corporation operated three Homes for the Aged, viz., “Lambert Lodge’’ and “Hilltop Acres’’

in the City of Toronto and “Greenacres” located at Newmarket, Ontario. These homes have a total

capacity of approximately 1,485. In addition, sites have been acquired for three more homes each

having a capacity of 250. Tenders for the first of these will probably be called in the fall of 1957.

Under the auspices of the Metropolitan Toronto Housing Company Limited, formed in 1954, the

Westacres apartments in Etobicoke for the housing of elderly persons were completed and rented in

1957. A similar project has been started in North York and by December 31, 1957, should be partly

built and occupied. These projects are subsidized by the Metropolitan Corporation with respect to

taxes only.

Roads (See Pages 52 and 56)

The Metropolitan Corporation is responsible only for roads designated as part of the Metropolitan

Roads System and generally speaking these roads are major traffic arteries.

Current expenditures in 1956 amounted to $6,027,939 of which $4,279,160 was for maintenance

and $1,748,779 for principal and interest charges with respect to assumed and new debenture debt.

It may be noted that the maintenance expenditures of $4,279,160 include $52,769 for items of a

capital nature and $409,686 for the Corporation’s share of operating costs of the Toronto and York

Roads Commission, (25% of the construction and maintenance costs of County Roads, and a portion

of administrative expenses).

The Provincial Grant of $1,641,546 represents 50% of approved maintenance expenditures on

roads. Such approved expenditures exclude the Corporation’s share of County Roads, cleaning

costs and certain administrative expenses.

14

Capital expenditures on all roads projects in 1956 were $15,567,954 of which recoveries (chiefly

from the Provincial Government) amounted to $8,623,132. In order to complete works now in

progress it is estimated that future capital expenditures of $96,900,000 will be required of which

approximately $48,450,000 will be recovered by way of Provincial Government subsidy. These

works include the Lakeshore Expressway, Don Valley Parkway, Lawrence Avenue East Extension,

Dundas Street West Widening (including Overpass at Royal York Road), Queen Street West Extension

and Eglinton Avenue East Extension.

Sewage System (See Pages 53 and 56)

The Metropolitan Corporation is responsible for the operation of all permanent sewage treatment

plants and the necessary trunk sewers for the collection and disposal of sewage. Current expenditures

on this account amounted to $3,868,060 in 1956 of which $2,108,622 was for ordinary operating costs

and $1,759,438 was for principal and interest charges with respect to assumed and new debenture debt.

Capital expenditures in 1956 amounted to $4,554,953 and in order to complete works now in

progress it is estimated that future capital expenditures of $52,800,000 will be required. Two major

projects provided for therein are:

(a) Main Sewage Treatment Plant Enlargement—On completion, plant will have capacity of

120,000,000 gallons per day and permit removal of 95% of solids, as compared with present

capacity of 84,000,000 gallons per day and removal of 55% of solids.

(b) Humber Sewage Treatment Plant—The initial plant will have a capacity of 50,000,000

gallons per day and the ultimate plant a capacity of 100,000,000 gallons per day. Provision

is being made for the removal of 95% of solids.

Included in this estimate is a considerable amount for the construction of major sanitary trunk sewers

embracing eight feet six inch diameter tunnels as well as various other conduits ranging down to four

feet.

In addition to the above it is estimated that approximately $12,393,000 will be spent on plants,

trunk sewers and other sewage facilities now in the course of construction which will be financed in

the main by charges against the subdividers of residential and industrial lands. Major items in this

category are:

(a) Extension of the Highland Creek Sewage Treatment Plant to double its present capacity.

This plant, having a capacity of 4,000,000 gallons per day and providing for removal of 95%

of solids, commenced operations in 1957.

(b) Construction of the East Don Trunk Sewer, extending for approximately 6.5 miles and

embodying conduits ranging from 8 feet to 4 feet, due to be completed by 1959.

Protection to Persons and Property (See Pages 53 and 57)

Under this section are included Police, Licensing, Magistrates’ Courts, Administration of Justice,

Registry Offices, Traffic Control and Air Pollution Control. By amendment to the Metropolitan

1 oronto Act, 1955, the Corporation was empowered to establish on January 1, 1956, an Air Pollution

Control Division.

15

By a further amendment in 1956, the Metropolitan Corporation assumed the following

responsibilities:

(a) Police administration as at January 1, 1957, under a new Metropolitan Board of Commis¬

sioners of Police.

(b) Costs of providing accommodation, maintenance, equipment and supplies for Magistrates’

Courts from January 1, 1957. The fines and penalties imposed by such Courts became

revenues of the Metropolitan Corporation on that date.

(c) Licensing, generally, as at January 1, 1957, under a new Metropolitan Licensing Commission

and receives the relative revenues.

Though these functions were not assumed until January 1, 1957, the Board of Commissioners of

Police and the Licensing Commission were established in 1956, and certain organizational expenses,

including items of a capital nature, were incurred with respect to all three functions in 1956.

Expenditures in 1956 for Protection to Persons and Property were as follows:

Police—Sundry organizational expenses. S 92,241

36,779

65,438

507,279

290,349

550,989

81,957

338,426

558,339

96,483

117,463

$2,735,743

In abatement of the above expenses, the Metropolitan Corporation received $205,927 from the

Provincial Government, chiefly admittable maintenance costs of prisoners charged under the Criminal

Code but also on account of Crown Witnesses’ and Coroners’ Fees. Other revenues amounted to

$404,874, including $331,509 received by way of surplus fees and the County’s share of expenses of the

Licensing—Sundry organizational expenses.

Magistrates’ Courts—Acquisition of portion of Building:

Sundry expenses.

General Courts and Inquests—Provision of accommodation; fees re

witnesses, jurors, sheriffs and coroners; conveyance of prisoners,

etc.

Juvenile and Family Courts (including Children’s Observation Home)

—Provision of accommodation and salaries (including judges’).. .

Jail—Full cost of operation and maintenance of Toronto Jail vested in

Metropolitan Corporation under Act.

Boys’ and Girls’ Training Schools—Statutory per diem payments

toward maintenance and education.

Registry Office Buildings—Maintenance and operating costs; payment

on account of addition to registry office building (Richmond Street)

Traffic Control—Maintenance of Traffic signals, markings and signs,

etc., re Metropolitan Roads.

Air Pollution Control—Cost of enforcing smoke abatement regulations;

organizing divisions and training staff for full Air Pollution Control

Operations.

Debenture Debt Charges re new Juvenile and Family Court building

and Jail Extension.

16

Registry and Land Titles Offices, $8,607 from Court Fines and Fees, $22,443 from the County of York

(share of Administration of Justice expenses) and $24,384 from the Area Municipalities (use of Jail

for lock-up purposes).

In order to complete works now in progress it is estimated that future capital expenditures of

$2,276,000 will be required. These works include extensions to the Metropolitan Toronto Jail, New

Juvenile and Family Court and additional Police Stations in the Toronto Metropolitan Area. The

Provincial Government has agreed to contribute one-half of the cost of Jail extensions up to a

maximum contribution of $1,000,000.00.

Parks (See pages 54 and 58)

Metropolitan park lands at present approximate 875 acres and include the Toronto Islands,

Don Valley Golf Course (opened August, 1956), and the Riverdale Zoo. The assumption of the

Island lands by the Metropolitan Corporation is subject to the expiry or purchase of existing leases.

Current expenditures in 1956 amounted to $627,493 of which $451,309 was for maintenance

and $176,184 for principal and interest charges with respect to assumed and new debenture debt. It

may be noted that the maintenance expenditure of $451,309 included $109,979 for items of a capital

nature.

Capital expenditures in 1956 amounted to $1,799,110 of which recoveries amounted to $228,858.

Of the recoveries $171,199 was received from the Federal and Provincial Governments in respect of

acquisition of properties for demolition in the flood danger areas.

LJnclassified (See Pages 54 and 58)

Expenditures and revenues dealt with under this heading for various reasons cannot be grouped

for broad functional classification. In 1956 there were three principal items in this category, namely,

a grant made by the Metropolitan Corporation to the Toronto Transit Commission, the Metro¬

politan Corporation’s cost with respect to the Civil Defence Organization and the cost of temporary

financing.

The Corporation, under authority given by amendment to the “Metropolitan Toronto Act” in

1956, made a grant of $2,300,000 to the Toronto Transit Commission on account of losses incurred

by the Commission during the extension and re-organization of the system in 1954 and 1955.

Operations in 1956 resulted in a surplus and further enabling legislation in this regard was not required.

The Metropolitan Toronto Civil Defence Organization, formed April 1, 1955, was considerably

expanded during 1956. Expenditures in this connection for 1956 amounted to $194,365 of which

$151,519 was recovered from the Federal and Provincial Governments.

Financial items amounted to $443,885. This amount represents mainly the cost of temporarily

financing current expenditures pending payments from the Area Municipalities on account of the

Metropolitan levy and capital expenditures pending debenture issuance. It should be noted that this

amount includes temporary interest costs in connection with current expenditure of the Metropolitan

School Board and capital advances to the local Boards of Education, but does not include such costs

with respect to the operations of the Toronto Transit Commission and the Metropolitan waterworks

system. I hese financial costs were offset by revenues of $471,005, made up chiefly of interest charges

to Area Municipalities with respect to capital advances.

17

Administration—general (See Pages 53 and 57)

Expenditures of $3,126,978 under this heading represent the cost of overall administration

exclusive of such costs specifically relating to the services previously discussed. Of the total expenditure,

58% was required for assessment of properties within the Toronto Metropolitan Area, for which

the Metropolitan Corporation became exclusively responsible under the Act. The balance is made up

of costs for general administrative Departments such as Treasury, Cleric’s, Audit and Legal as well

as the Metropolitan Toronto Planning Board and sundry other expenses. Revenues of $138,545

derived chiefly from the general administrative charge of $100,000 to waterworks operations have been

considered as an abatement of the costs of administration.

While most of the accommodation required for the work of the Metropolitan Corporation is at

present rented at various locations, the Municipal Building of the County of York, located in the

City of Toronto, was purchased during 1954 and is used chiefly for Council and Committee meetings

and related administrative offices. Debenture Debt charges in respect of such building amounted to

$29,750. Eventually, Metropolitan Departments will be centralized in a proposed new Municipal

Building.

Provincial Government Unconditional Per Capita Grant

For the year 1956, the Provincial Government paid unconditional grants to all Municipalities

ranging from $1.50 per capita in the case of very small Municipalities to $4.00 per capita in the case

of Municipalities having a population of over 750,000. This grant is for the purpose of assisting

Municipalities in the provision of Welfare Services, Social Services, Administration of Justice and

other services. In 1956, the Metropolitan Corporation on the basis of $4.00 per capita received a

grant of $4,982,100.

By legislation enacted in 1957 the unconditional per capita grants to Municipalities were

increased. In the case of the Metropolitan Corporation such grant was increased from $4.00 to $5.50

per capita ($1.00 re Administration of Justice and $4.50 re Welfare and other services). The grant

for 1957 is to be applied to benefit residential assessment only rather than both residential and com¬

mercial assessment as in prior years.

Metropolitan General Levy (See page 60)

In 1956, the net amount (i.e., after Provincial Government grants and other revenues) levied for

the purposes of the Metropolitan Corporation other than schools was $18,042,836. In accordance with

the Act, each Area Municipality was required to levy against its taxpayers and pay over to the

Metropolitan Corporation the proportion of this amount that the assessed value of property in that

municipality bore to the total assessed value of property in the whole Metropolitan Area.

Under The Assessment Act, the Metropolitan Corporation is entitled to receive its proportion of

supplementary taxes levied by the Area Municipalities but is required to pay its share of all tax

deficiencies. Included in revenues for 1956 are supplementary taxes amounting to $380,404 and tax

deficiencies of $118,405 are treated as contra thereto which results in a net revenue of $261,999.

General Surplus (See page 38)

The Surplus for 1956 on general account amounted to $1,980,930, which arose from the fact that

revenues were in excess of estimates by $782,783 and expenditures were below estimates by $1,198,147.

Credited to Surplus Account in 1956, this amount together with a credit of $129,861 for unexpended

18

funds arising from Hurricane Damage Reserves established in 1954 resulted in a total surplus of

$2,110,791 to be carried forward as a revenue item to abate the 1957 Metropolitan Levy.

Education (See pages 54 and 59)

Gross expenditures on account of Education amounted to $37,335,487 of which $31,072,502

represents maintenance assistance payments by The Metropolitan School Board to local Boards of

Education within the Metropolitan Area and $6,158,619 principal and interest payments with respect

to assumed debenture debt of the Area Municipalities and new debentures issued by the Metropolitan

Corporation.

Maintenance assistance payments are made on a per pupil basis of average daily attendance

according to the type of instruction at the following rates—Public Elementary $150, Academic

Secondary $250, Commercial Secondary $300 and Technical Secondary $400. Additional amounts

are paid in respect of handicapped children in special classes to cover approximate full maintenance

costs in those cases. Under 1957 legislative amendments such payments are now based on the average

daily attendance of the current year rather than the preceding year which serves to assist Boards

whose enrolments are increasing rapidly.

Provincial Government grants received by The Metropolitan School Board amounted to

$10,399,569 in 1956. Each local Board of Education applies for all Provincial grants but with the

exception of any special grants such as the per pupil grant of $6.00 in 1956, and those in respect of milk

for pupils, night schools and books, payments are made to the Metropolitan School Board. In this

connection, it may be noted that the amount of teachers’ gross salaries in the public elementary schools

eligible for grant in 1956 was limited to $75.00 per pupil of average daily attendance whereas in 1957

the limit was raised to $100.00 per pupil, which it is estimated will increase grants by approximately

$1,220,000. Furthermore the local boards, it is estimated, will benefit in 1957 to the extent of approxi¬

mately $1,075,000 by increase in the per pupil grant from $6.00 to $11.00, $25.00 and $30.00 for

elementary, academic, secondary and vocational secondary pupils respectively. In 1956, the net

amount (i.e., after Provincial Government grants, previous year’s surplus, etc.) levied for the require¬

ments of The Metropolitan School Board and for principal and interest payments with respect to

assumed and new debenture debt was $26,424,398. This levy of $26,424,398 was made up of

$17,508,540 for Public School purposes and $8,915,858 for Secondary School purposes. In accordance

with the Metropolitan Toronto Act, each Area Municipality was required to levy against its taxpayers

and pay over to the Metropolitan Corporation a proportion of these amounts determined as follows:

(a) In the case of the levy for Public School purposes—an amount representing the proportion

that the assessed value of property rateable for Public School purposes in that municipality

bore to the total assessed value of property rateable for Public School purposes in the whole

Metropolitan Area.

(b) In the case of the levy for Secondary School purposes—an amount representing the pro¬

portion that the assessed value of property rateable for Secondary School purposes in that

municipality bore to the total assessed value of property rateable for Secondary School

purposes in the whole Metropolitan Area.

Upon reference to the statement on page 60, it will be seen that the Public School levy was distributed

on an assessment of $2,777,917,360 and the Secondary School levy on an assessment of $2,928,331,830.

I he difference between these two assessments represents property rateable for the requirements of

Roman Catholic Primary Schools rather than Public Elementary Schools. In this connection, it

should be noted that the Roman Catholic Primary Schools in the Metropolitan Area are practically

19

all under the jurisdiction of the Metropolitan Separate School Board although two other Separate

School boards function within the area. The Separate School boards are independent of both the

Metropolitan Council and The Metropolitan School Board with respect to debenture issuance and

all other matters.

As pointed out in the discussion of the General levy, the Metropolitan Corporation is entitled

to receive its proportion of supplementary taxes levied by the Area Municipalities but is required to

pay its share of all tax deficiencies. These taxes amounting to $577,350 with respect to education less

deficiencies of $189,699 resulted in a net revenue for 1956 of $387,651.

A surplus of $710,169 on 1956 operations was carried forward as a revenue item to abate the 1957

Metropolitan levy for education purposes. (See Surplus Account page 50.)

While, subject to the approval of The Metropolitan School Board, the local boards continue to

be responsible for the construction of their schools, the Metropolitan Corporation has exclusive power

to issue any debentures required for financing of the cost. The following table shows the new school

projects which during the past three years have been approved by the Metropolitan School Board and

the Metropolitan Council:

N ewr Buildings

(including

additions

and sites)

Public Schools Secondary Schools Sites Total

No.

Approximate

Cost No.

Approximate

Cost No.

Approximate

Cost

Approximate

Cost

1954 62 $11,710,000 14 $ 7,700,000 13 $ 443,000 $19,853,000

1955 71 15,147,000 10 4,779,000 50 2,846,000 22,772,000

1956 45 13,659,000 6 3,538,000 74 5,963,000 23,160,000

178 $40,516,000 30 $16,017,000 137 $9,252,000 $65,785,000

Debenture issues for new capital expenditures to the extent that they are eligible for legislative

grants are repayable by annual levies against all the Area Municipalities and the balance by levies

against the particular Area Municipalities in which the respective local Boards of Education have

jurisdiction. Of the $23,160,000 capital expenditures approved in 1956, approximately 40% is eligible

for Provincial Government grants. It should be noted that such grants representing about 17.4%

of the total cost, wall be received annually over the lifetime of the respective debenture debts.

The Metropolitan School Board and the Metropolitan Council have agreed upon a formula

(revised from time to time since 1954) establishing maximum amounts for which debentures will be

issued wdth respect to various classes of schools. Any capital costs in excess of the limits fixed by this

formula must be met as a current charge by the respective local Boards of Education. These restric¬

tions on capital costs operate toward accomplishing adequate basic educational facilities throughout

the Toronto Metropolitan Area.

Waterworks (See pages 55 and 59)

The Metropolitan Corporation is responsible for the production, treatment, storage and wholesale

distribution of water to the Area Municipalities. Rates fixed by the Metropolitan Council are required

to be sufficient to make the system self-sustaining after providing for such maintenance, renewals,

depreciation, debt charges and reserves as the Council deems proper and any surplus revenues not

required for such purposes must remain at the credit of the System.

20

Current expenditures in 1956 with respect to the waterworks system amounted to $6,422,514,

of which $2,845,800 was for operation and maintenance of pumping stations, filtration plants, reservoirs,

intakes, trunk mains, etc. and treatment of water, $2,645,770 for principal and interest charges with

respect to assumed debenture debt and Metropolitan debentures, $470,438 for general administration

and $460,506 for taxes payable to Area Municipalities.

Revenues for 1956 amounted to $5,964,034, derived almost entirely from wholesale water charges

to the Area Municipalities. The deficit for the year of $458,480 after being charged against the

surplus brought forward at January 1, 1956, of $279,021, resulted in a net deficit of $179,459 as at

December 31, 1956, (see page 46). Increased rates established in 1957 it is estimated will provide

for full operating costs as well as the net deficit from 1956.

Capital expenditures for additional waterworks plant, extensions to existing works and provision

of trunk mains in 1956 amounted to $13,750,986. In order to complete works in progress it is estimated

that future capital expenditures of $15,167,000 will be required. These works include:

(a) Extension to R. C. Harris Water Purification and Pumping Plant to increase capacity from

100,000,000 to 200,000,000 gallons per day.

(b) Extensions to Scarborough Water Purification Plant to increase capacity from 14,000,000

gallons per day to 24,000,000 gallons per day.

(c) Construction of Lawrence Reservoir—having a capacity of 30,000,000 gallons.

(d) Rehabilitation and extension to John Street Pumping Station.

By the end of 1957 a significant stage in the development of Metropolitan Toronto water

facilities will be reached. Compared to 1954, water filtration capacity will be increased from 245

million to 355 million gallons daily, trunk mains will have been extended from 94 to 154 miles,

capacity of pumping stations from 618 million to 1,015 million gallons daily and capacity of reservoirs

from 93 million to 123 million gallons.


Prior to January 1, 1954, public passenger transportation in the Toronto Metropolitan Area,

other than steam railways and taxis, was provided in the City of Toronto by the Toronto Transporta¬

tion Commission and in the other Area Municipalities either by the Commission under agreements or

by privately-owned companies. By The Municipality of Metropolitan Toronto Act the new Transit

Commission was given exclusive power in this regard and in accordance therewith acquired all assets

of the former Commission without compensation and purchased the four privately-owned bus lines

operating in the Toronto Metropolitan Area.

The Toronto Transportation Commission, over the whole period of its operation since 1921,

was fully self-sustaining after adequately providing for depreciation, all operating contingencies and

principal and interest charges with respect to debentures issued by the City of Toronto for the System.

The Toronto Transit Commission, which is appointed by the Metropolitan Council, is an

independent body except for the fact that capital expenditures to be financed by the issuance of

debentures of the Metropolitan Corporation must be approved by the Metropolitan Council. The

System is required to be self-sustaining after providing for all operating costs including principal and

interest charges with respect to previously existing debenture debts assumed and any new debentures

issued for transit purposes by the Metropolitan Corporation.

The following statistics as at the end of 1956 are of interest:

Single track. 222.34 miles

Trolley coach and bus routes. 247.39 miles

Vehicles:

Street cars. 882

Subway cars. 134

Trolley coaches 140

Buses. 467

Service vehicles. 144

Ferryboats operating between mainland and Toronto

Island (4 passenger and 2 freight). 6

On March 30, 1954, the Yonge Street Rapid Transit project was officially opened for passenger

traffic. This project, commenced in 1949, consists of 4.56 miles of double track (2.88 in subway and

1.68 in open cut). At the present time rush-hour traffic on this route frequently exceeds 30,000

passengers per hour which compares with a designed capacity of 40,000 passengers per hour.

In 1946 the voters of the City of Toronto approved a general plan for twro subways, including

the north-south Yonge Street Rapid Transit Project now in operation. The other was an east-west

subway. Plans presently under consideration contemplate an east-west subway, together with a

parallel extension of the Yonge Street line on University Avenue to take care of the anticipated in¬

creased traffic which will result from the east-west subway. In view of the fact that such projects will

form a part of the over-all transportation facilities within the Toronto Metropolitan Area, the financial

responsibility for them as between the Commission and the Metropolitan Corporation has not been

determined.

The first two years of operation on a Metropolitan basis presented many problems in the co¬

ordination and consolidation of the system particularly in view of the fact that the new Commission

had to provide transportation services in an area of 240 square miles, including certain non-self-

sustaining services, as compared with 35 square miles in the case of the former Commission. Despite

fare structure changes during that time made with a view to making the whole system self-sustaining,

these problems together with substantially increased operating costs resulted in deficits being sustained

in the first two years of operation.

In June, 1956, the Metropolitan Corporation, under authority given by amendment to The

Municipality of Metropolitan Toronto Act, made a grant of $2,300,000 to the Commission on account

of losses suffered by the Commission during the extension and re-organization of its system in the

Toronto Metropolitan Area. However, faced with steadily increasing costs and a deficit of more than

S2 million in the year 1955, the Commission decided to raise fares effective July 1, 1956. For the

great majority of riders this has meant an increase in the basic zone fare from 10c. to I2J2C. Largely

because of this fare increase the financial results for 1956 showed a net income of $837,747 and it is

expected that the Commission’s operations for 1957 will also result in a surplus.

22

TORONTO TRANSIT COMMISSION

CONDENSED STATEMENT OF INCOME

Operating Revenue.

Dividend from Gray Coach Lines, Limited

Interest.

Sundry.

Total.

Operating Expenses (including Depreciation and Debt

Charges of Island Ferries).

Balance.

Provisions for:

Depreciation*. .

Interest and Amortization of Discount on Debentures..

Public Liability.

Surplus or (Deficit) for year

Year Ended December 31

1954 1955 1956

$28,373,297 $30,217,834 $34,197,181

60,000 60,000 60,000

41,525 67,492 110,924

1,104,929 1,282,701 1,309,769

$29,579,751 $31,628,027 $35,677,874

26,937,684 27,567,502 28,260,771

$ 2,642,067 $ 4,060,525 $ 7,417,103

$ 2,843,030 $ 3,567,557 $ 3,774,334

1,774,004 2,341,379 2,369,371

380,953 460,152 435,651

$ 4,997,987 $ 6,369,088 $ 6,579,356

($ 2,355,920) ($ 2,308,563) $ 837,747

*During the year 1954 a thorough review was made of the depreciation rates previously used by the Toronto Transportation Commission, and adjustments in these rates were made in the light of the experience of that Commission and a review of rates used by other transportation authorities. As a result of these changes in rates the provision for depreciation in 1954 was decreased by approximately $755,000.

23

TORONTO TRANSIT COMMISSION

STATEMENT OF ACCUMULATED DEFICIT

1954

Balance January 1.

Add-

Loss for the year.

Other non-recurring charges and credits (net).

2,355,920

22,428

1955

51,929,363

2,308,563

1956

$4,056,069

$2,378,348 $4,237,926 $4,056,069

Less-

Grant received from the Municipality of Metropolitan

Toronto under authority of Metropolitan Toronto

Amendment Act, 1956.

Less—

Net Income for the year.

Profit realized on sale of property no longer required.

Net foreign exchange gain realized on debenture debt

payable in United States funds retired in year.

Adjustment of prior year’s municipal taxes.

. 2,300,000

$2,378,348 $4,237,926 $1,756,069

837,747

240,901 384,650 55,639

64,335 86,209

40,009

101,901

$1,929,363 $4,056,069 $ 575,520

Gray Coach Lines, Limited, a wholly-owned subsidiary, operates outside the Toronto Metro¬

politan Area. The revenues and expenditures with respect to this subsidiary are not included in the

foregoing statements, although dividends received by the Commission from it are shown. Net income

of this subsidiary before such dividends amounted to $217,116, $339,752 and $312,010 in the years

1954, 1955 and 1956 respectively.

Debenture Debt

The obligation of the Metropolitan Corporation with respect to debenture debt divides into two

categories, namely:

(a) the obligation to provide funds to the Area Municipalities for payment of all outstanding-

debenture debt issued by them for school purposes and for works now vested in the Metro¬

politan Corporation. (Debenture Debt in this category is referred to as “Assumed”.)

(b) the obligation to holders of debentures issued by the Metropolitan Corporation for its own

purposes, including the Toronto Transit Commission, and for the purposes of the Area

Municipalities, including their local Boards of Education. (Debenture Debt in this category

is referred to as “Issued”.) In this connection it should be noted that since January 1, 1954,

no Area Municipality has had the power to issue debentures.

The following statement indicates such debt position as at December 31, 1956:

24

DEBENTURE DEBT

Area Municipalities Debentures— Metropolitan Toronto Debentures— Assumed Issued

Amount Total (From and Outstanding Amount Outstanding Outstanding including Matured as at (Since Matured as at as at

Jan. 1, 1954) Dec. 31, 1956 Jan. 1, 1954) Dec. 31, 1956 Dec. 31, 1956

General: $ $ $ $ $ $ $

Welfare—Homes for the Aged 1,740,403 1,740,403 1,740,403 Roads. 9,870,470 3,025,115 6,845,355 13,960,828 73,000 13,887,828 20,733,183 Sewage System. 12,097,628 (a)2,803,341 9,294,287 (b)23,755,293 128,073 23,627,220 32,921,507 Administration—

General—Building. 427,000 31,000 396,000 396,000 Protection to Persons and Property— Juvenile and Family Court

Building, Toronto Jail. 2,338,612 2,338,612 2,338,612 Parks—property acquisitions, etc. 512,814 82,448 430,366 1,328,319 36,000 1,292,319 1,722,685

Miscellaneous. 103,595 103,595 103,595

Total General. 22,480,912 5,910,904 16,570,008 43,654,050 268,073 43,385,977 59,955,985

Education—(To be met by levies over whole Metropolitan Area)

Public Schools. 34,033,877 (c)7,394,476 26,639,401 (d)22,567,618 670,909 21,896,709 48,536,110 Secondary Schools. 17,349,995 (e)3,205,745 14,144,250 (f)6,313,636 130,709 6,182,927 20,327,177

Total Education. 51,383,872 10,600,221 40,783,651 28,881,254 801,618 28,079,636 68,863,287

Total General and Education.... 73,864,784 16,511,125 57,353,659 72,535,304 1,069,691 71,465,613 128,819,272 Waterworks. 19,321,988 (g)6,342,651 12,979,337 (h)22,707,500 238,534 22,468,966 35,448,303 Toronto Transit Commission. 65,647,600 4,437,200 61,210,400 8,649,000 161,000 8,488,000 69,698,400 Specific Area Municipalities (in-

eludes share of schools). (i) 7 7,804,322 4,341,299 73,463,023 73,463,023

158,834,372 27,290,976 131,543,396 181,696,126 5,810,524 175,885,602 307,428,998

Note : Amounts included with respect to refinancing in 1954 and 1955 of Township of Scarborough Debentures-

(a) 579,226; (b) 588,628; (c) 2,052,500; (d) 1,984,600; (e) 174,000; (f) 167,000; (g) 2,984,771; (h) 5,046,372; (i) 1,496,000 (Hydro-Electric System, Local Sewers, watermains, etc.).

It will be seen that $178,609,726 of the total debt outstanding at the end of 1956 represents debt

assumed or issued for the purposes of the Waterworks System and the Toronto Transit Commission

and debt issued for the purposes of specific Area Municipalities. Funds for the payment of the debt

assumed or issued on account of the waterworks and transit systems will be provided from the

revenues of these utilities. Funds for the payment of debt issued for specific Area Municipalities will

be provided by them either by tax levies or other revenues. The balance of the debt amounting to

$128,819,272 will be repaid by Metropolitan General and Education levies against all Area Munici¬

palities on the basis of their relative assessments. It should be pointed out that in addition to the

$28,079,636 debt shown in the statement as issued for schools repayable by Metropolitan levies,

$15,663,364 for schools is included in the amount of $73,463,023 shown as issued and repayable by

specific Area Municipalities.

Though not forming part of Metropolitan Corporation debt, it is of interest to add to the above

figures the debenture debt of the Area Municipalities for which the Metropolitan Corporation has

not become responsible for repayment and thereby present a consolidated debenture debt statement

with respect to the whole Toronto Metropolitan Area. In this connection, a very comprehensive

statement is submitted on pages 70 and 71 of this report showing the municipalities which have issued

the debentures and the amounts thereof for which each is required to specifically levy after deduction

of the debts on account of Waterworks, Transit and Hydro-Electric Systems.

The following tables show:

(a) a summary of the information contained in this statement together with comparative figures

as at January 1, 1954, December 31, 1954 and December 31, 1955, and

(b) Debenture Debt of the Metropolitan Corporation and the Area Municipalities as at

December 31, 1956 according to places of payment.

TOTAL DEBENTURE DEBT OF THE TORONTO METROPOLITAN AREA

Outstanding as at

Area Municipalities’ Debentures

Assumed by Metropolitan Corporation.

Not Assumed.

January 1

1954

December 31

1954

December 31

1955

December 31

1956

$ 158,251,105

78,397,605

$ 149,229,930

70,585,377

$ 138,436,681

62,387,017

$ 131,543,396

55,744,881

Total. $ 236,648,710 $ 219,815,307 $ 200,823,698 $ 187,288,277

Metropolitan Corporation Debentures. 56,779,126 114,007,944 175,885,602

Total Debt of Metropolitan Toronto Area ... 236,648,710 $ 276,594,433 8 314,831,642 $ 363,173,879

Less Self-Liquidating Debentures—

Toronto Transit Commission. 65,600,000 68,507,400 68,849,000 69,698,400

Waterworks. 22,188,146 26,489,870 30,184,638 39,237,250

Hydro-Electric Systems. 12,335,114 24,149,646 25,658,658 27,968,361

Basic 3% Sinking Funds re Debts other

than above. 1,896,087

Total Net Debt of Metropolitan Toronto

Area. $ 136,525,450 $ 157,447,517 $ 190,139,346 $ 224,373,781

Population. 1,173,000 1,252,000 1,304,000 1,358,000

Net Debt per Capita. $ 116.39 $ 125.76 $ 145.81 $ 165.22

Assessment—As determined for apportion-

ment of Metropolitan levy against Area

Municipalities. 2,474,696,765 2,705,146,554 2,952,196,368 3,183,122,850

Net Debt as percentage thereof. 5.52 5.82 6.44 7.05

Metropolitan

Toronto Debentures of Area Municipalities Debentures

Assumed Not Assumed Total

Total Debt of Metropolitan Toronto Area

as at December 31, 1956 $175,885,602 $131,543,396 $ 55,744,881 $363,173,879

Payable in:

Canada. $139,431,602 $ 69,905,348 $ 51,121,929 $260,458,879 Canada, Lhiited States, England. 2,449,454 1,006,546 3,456,000 United States. 36,454,000 59,188,594 3,616,406 99,259,000

$175,885,602 $131,543,396 $ 55,744,881 $363,173,879

27

The Metropolitan Corporation has power to issue either instalment debentures or sinking fund

debentures. The Act provides that upon the issue of sinking fund debentures a specific annual

sinking fund amount shall be raised which with the estimated interest at a rate not exceeding 3% per

annum capitalized yearly will be sufficient to repay such debentures in full at maturity. All assets

of the Sinking Fund are under the sole control and management of a Sinking Fund committee composed

of the treasurer of the Metropolitan Corporation and two members appointed by the Lieutenant-

Governor in Council. The committee is required to keep one or more consolidated bank accounts in

which sinking fund monies and earnings and proceeds of sinking fund investments are deposited.

Sinking Fund investments are limited to securities which are trustee investments under The Trustee

Act (Ontario)—including debentures of the Metropolitan Corporation—although certain temporary

advances and loans may be made from the Sinking Fund to the Metropolitan Corporation. (See

pages 67 and 40-42 for outstanding Sinking Fund Debentures and Sinking Fund financial statements.

The public offerings of debentures made by the Municipality of Metropolitan Toronto from its

inception on January 1, 1954, to the recent New York offering in June, 1957, may be summarized as

follows:

METROPOLITAN TORONTO DEBENTURE ISSUES

Interest

Year and Month Amount Interest Rate Average Term Cost

% %

1954- -June $ 30,235,000 334; 3J4 13 years 11 months 3.64

November 26,155,000 334; 334 9 years 10 months 3.55

1955- --April. 31,714,000 3; 3J4; 3J4; 3^4 18 years 4 months 3.58

November. 28,169,000 3%; i'A', 3% 18 years 10 months 3.88

1956- — May. 28,580,000 434 20 years 4.65

August *36,454,000 4; 4y% 19 years 5 months 4.47

1957- —January. 20,090,000 5 16 years 11 months 5.43

June *39,372,000 4.34; 474 19 years 5.10

$240,769,000

’Issued in New York and payable in U.S. dollars.

28

General Comment

Since 1953, in the Metropolitan Toronto area, approximately $441,000,000 of new buildings

and structures assessment has been added, population has increased by 184,000 and motor vehicle

registrations have increased about 81,000. When consideration is given to these growth statistics

in conjunction with the fact that over a previous period of from 10 to 20 years the provision of such

services as water treatment and distribution, sewage collection and disposal and arterial roads, for

financial, jurisdictional and other reasons, had been decidedly inadequate, it is not surprising that

a large programme of capital works is now envisaged. As all capital requirements of the Metropolitan

Corporation including the Toronto Transit Commission, the Area Municipalities and their Boards

of Education can only be financed since January 1, 1954, by the issuance of Metropolitan Corporation

debentures which are direct, joint and several obligations of the Metropolitan Corporation and the

Area Municipalities, it is obvious that the responsibility with respect to the capital programme rests

largely with the Metropolitan administration.

With the “tight money” conditions and the increase of approximately 2% in interest costs which

have developed since 1954 the importance of regular and frequent review of the long term capital

programme was accentuated. No particular concern was occasioned by the largeness of the aggregate

capital expenditure set forth in the programme, as it was recognized that such amount varies accord¬

ing to ideas as to the period to be considered, e.g., 5 years, 10 years or 15 years and as the specific

works and relative expenditures were, to some extent, a forecast of anticipated rather than actual

requirements. On the other hand it was realized that the current year’s estimates of capital expendi¬

tures and the extent to which immediate future years’ estimates became firm commitments required

very careful consideration under money market conditions as exist at present.

Early this year (1957) under the direction of the Executive Committee the Capital Programme

for the whole Metropolitan Area was reviewed and the following very constructive action taken:

(a) Reduced 1957 Capital provision—

Metropolitan Works.

Schools—new approvals for debenturing.

Area Municipalities—new approvals for debenturing

From

50,152,000

25,000,000

47,780,000

To

$43,311,000

20,000,000

30,224,000

$ 122,932,000 $93,535,000

(b) Increased Metropolitan 1957 Current Tax Levy by $6,366,000 (equivalent to 2 mills) to

provide funds to that extent for Metropolitan Corporation capital works and relieve de¬

benturing.

It is worthy of note that based on present interest rates a cash payment on account of a

work being debentured for a 30-year term will relieve the burden of taxation in aggregate

over that period by approximately twice the amount. Furthermore, such a cash payment

in any year provides a flexibility to the next year’s tax levy by varying the amount, if

necessary, which together with the elimination of future fixed charges and an improved

credit position may be material factors in assuring the provision of capital works as required

during any period of less favourable economic conditions that exist at that time.

29

In May 1957, the Lieutenant-Governor in Council of the Province of Ontario appointed a com¬

mission:

(1) to inquire into and report upon—

(a) the composition, organization and methods of operation of the Metropolitan Council

and the Metropolitan School Board established pursuant to The Municipality of

Metropolitan Toronto Act, 1953, as amended;

(b) the extent to which the metropolitan municipal government and organization

established by the said legislation has succeeded in meeting the need for a better form

of local government in the said area and accomplishing the objectives for which it

was established;

and

(2) to make such recommendations with respect to the matters inquired into as may be con¬

sidered desirable.

Factual reports on the operations of the Metropolitan Corporation and related Boards and

Commissions have been prepared and submitted to the Commission. The assessment by the

Commission of the progress made by Metropolitan government since January 1, 1954, in meeting the

municipal needs of the Metropolitan Toronto Area, with any recommendations in respect thereto,

undoubtedly will be of great value to all administrative bodies concerned.

Respectfully submitted,

Commissioner of Finance.

30

EGLINTON AVENUE EAST EXTENSION

TOTAL LENGTH 3% MILES

(Approximate Cost, $4,250,000—Officially Opened, August 1957)

EDWARDS GARDENS

(Twenty-six Acres—Suburban Area—Acquired 1955)

31

“GREENACRES”

HOME FOR THE AGED—NEWMARKET, ONTARIO—CAPACITY 525

(Approximate Cost, $2,871,000—Officially Opened, June 1956)

“HILLTOP ACRES”

HOME FOR THE AGED—TORONTO—CAPACITY 200

(Acquired from Government of Canada 1956)

S*Sjst:

I

I •-) | 1

% * C '

*' *

.

9ft

32

R. C. HARRIS WATER PURIFICATION AND PUMPING PLANT

(Showing new east wing filter gallery, completed 1957, which with equipment and intake cost approxi¬ mately $7,500,000—increasing capacity from 100,000,000 to 200,000,000 gallons per day.)

HIGHLAND CREEK SEWAGE TREATMENT PLANT

(First stage, having capacity of 4,000,000 gallons per day, completed 1957 at approximate cost of $4,500,000. Ultimate capacity of proposed plant, 40,000,000 gallons per day.)

33

AUDITOR’S CERTIFICATE

I have completed my audit of the books and accounts of The Municipality of

Metropolitan Toronto, of The Metropolitan Waterworks System and of The Metro¬

politan School Board for the year ended 31st December, 1956, and subject to my

report thereon, I certify that, in my opinion:

(1) All the explanations and information required by me have been obtained.

(2) The financial transactions which have come under my notice are in order.

(3) The audit has been conducted in accordance with the instructions of the

Department of Municipal Affairs.

(4) The balance sheets as listed below have been properly drawn up so as to

exhibit true and correct statements of the affairs, according to their books,

of The Municipality of Adetropolitan Toronto, The Metropolitan Water¬

works System and The Metropolitan School Board, respectively:—

The Municipality of Metropolitan Toronto—

Capital and Loan Fund Balance Sheet

Revenue Fund Balance Sheet

Trust Fund Balance Sheet

Sinking Fund Balance Sheet

Pension Fund Balance Sheet

The Metropolitan Waterworks Balance Sheet

The Metropolitan School Board—

School Capital Balance Sheet

School Revenue Fund Balance Sheet

Toronto, Ontario

May 17, 1957.

GEO. H. GLENNIE, F.C.A.,

Metropolitan Auditor.

THE MUNICIPALITY OF

CAPITAL AND LOAN

December 31,

ASSETS

General Fixed—(completed works valued at the amount of related miniatured

debenture debt, less actuarial sinking fund requirement).

Works in Progress

Works for which debentures have been issued on account $26,280,016.44

Works for which debentures have not been issued on account ... 6,206,207.02

Receivable for Debentures: Assumed

Metropolitan School Board—

Issued Total

Public. $ 26,639,401.14 $ 21,532,568.46 $ 48,171,969.60

Secondary. 14,144,250.08 6,112,932.57 20,257,182.65

$ 14,009,481.85

32,486,223.46

$ 40,783,651.22 $ 27,645,501.03 $ 68,429,152.25

Public Utilities—

Metropolitan Waterworks $ 12,979,337.06 $ 22,202,197.41 $ 35,181,534.47

Toronto Transit

Commission. 61,210,400.00 8,431,495.59 69,641,895.59

$ 74,189,737.06 $ 30,633,693.00 $104,823,430.06

Area Municipalities $ — $ 72,495,216.09 $ 72,495,216.09

Metropolitan Sinking Fund $ — $ 2,359,431.17 $ 2,359,431.17

$114,973,388.28 $133,133,841.29 248,107,229.57

Advances to Area Municipalities pending issuance of debentures

Area School Boards re school capital projects in progress:

Advances pending issuance of debentures. $ 5,807,423.86

Less: Balance on hand of proceeds from sale of debentures. 2,541,577.41

Accounts Receivable:

Province of Ontario (Grants and Subsidies). $ 9,309,260.83

Dominion of Canada 20,024.73

Area School Boards 40,283.58

Toronto Transit Commission . 14,699.30

Sundry. 260,300.00

Inventory of Materials and Supplies for Construction Purposes—at cost

16,621,770.9 2

3,265,846.45

9,644,568.44

22,951.00

$324,158,071.69


FUND BALANCE SHEET

1956

Debenture Debt:

Metropolitan Purposes-

General.

Schools—

Public.

Secondary

Public Utilities—

Metropolitan

Toronto Transit

Commission

Area Municipality Purposes...

LIABILITIES

Assumed Issued

Instalment Instalment Sinking Fund

Debentures Debentures Debentures

$ 16,570,007.86 $ 4,769,472.72 $ 38,616,504.69 $ 59,955,985.27

$ 26,639,401.14 $ 6,522,120.97 $ 15,374,587.31 $ 48,536,109.42

14,144,250.08 1,599,290.90 4,583,636.44 20,327,177.42

$ 40,783,651.22 $ 8,121,411.87 $ 19,958,223.75 $ 68,863,286.84

$ 12,979,337.06 $ 5,173,470.17 $ 17,295,495.31 $ 35,448,302.54

61,210,400.00 3,839,000.00 4,649,000.00 69,698,400.00

$ 74,189,737.06 $ 9,012,470.17 $ 21,944,495.31 $105,146,702.54

$131,543,396.14 $21,903,354.76 $ 80,519,223.75 $233,965,974.65

— 37,089,246.65 36,373,776.25 73,463,022.90

$131,543,396.14 $58,992,601.41 $116,893,000.00 $307,428,997.55

Toronto Transit Commission:

Balance on hand of proceeds from sale of debentures

Accounts Payable:

Municipalities—

Area Municipalities. $ 318,192.99

Other Municipalities. 45,000.00

896,398.73

8 Toronto Transit Commission

Contractors’ Holdbacks.

Sundry.

Payable to Other Funds:

Revenue Fund

Waterworks Capital

Waterworks Current.

363,192.99

330,852.19

3,071,363.30

3,904,738.55

$ 7,563,192.01

590,622.05

8,714.32

7,670,147.03

8,162,528.38

$324,158,071.69

G. A. LASCELLES,

Commissioner of Finance and Treasurer.

THE MUNICIPALITY OF

ASSETS

Cash on Hand.

Investments—at Cost:

Municipality of Metropolitan Toronto Debentures

Levy Receivable from Area Municipalities:

Share of supplementary taxes levied, less share of tax deficiencies incurred by

Area Municipalities.


Municipalities—

Area Municipalities...

Other Municipalities

Province of Ontario—

Grants and Subsidies

Other.

Dominion of Canada.

$ 478,040.74

28,392.01

$ 506,432.75

$3,385,237.80

341,192.95

3,726,430.75

. 6,444.62

Local Boards and Commissions—

Metropolitan School Board. $ 8,046.50

Toronto Transit Commission 34,308.87

Metropolitan Toronto Civil Defence

Organization . 978.66

Metropolitan Toronto Planning Board.. 23.25

Sundry

43,357.28

122,028.64

Receivable from Other Funds:

Capital and Loan Fund. $7,563,192.01

Waterworks Capital. 1,199.86

Inventories of Materials and Supplies—at cost.

Prepaid Expenses:

Insurance Premiums. $ 84,225.39

Unused impressions in Unemployment Insurance Meter. 7,886.57

REVENUE FUND

December 31,

$ 21,100.00

96,500.00

75,298.40

4,404,694.04

7,564,391.87

90,244.39

92,111.96

$12,344,340.66


BALANCE SHEET

1956

LIABILITIES

Bank Overdraft (Net).

Debenture Coupons Due.

Accounts Payable:

Municipalities—

Area Municipalities. $ 983,081.64

Other Municipalities. 14,860.72

Province of Ontario.

Dominion of Canada.

Local Boards and Commissions:

Metropolitan School Board. $1,150,232.45

Toronto Transit Commission. 98,085.03

Metropolitan Toronto Civil Defence

Organization. 9,365.26

Metropolitan Toronto Planning Board. 695.47

Sundry

$ 997,942.36

22,329.81

56,950.37

1,258,378.21

1,717,387.01


Trust Fund. $ 366,605.74

Pension Fund. 195,604.09

Waterworks Current. 8,984.59

Other Liabilities:

Amount available to reduce annual debenture debt charges:

Re assumed debenture debt—

Provincial and County grants. $ 57,307.19

Re metropolitan debenture debt—

Accrued interest received on sale. 34,036.89

Deferred income

91,344.08

105,160.02

Reserves:

Hurricane Damage—repairs to roads, bridges, sewers, etc. $ 12,000.00

Exchange Stabilization. 20,000.00

Surplus—available to reduce 1957 Metropolitan Levy

$ 5,123,028.27

257,835.00

4,052,987.76

571,194.42

196,504.10

32,000.00

2,110,791.11

$12,344,340.66

G. A. LASCELLES,


38


REVENUE FUND SURPLUS ACCOUNT

For the Year Ended December 31, 1956

Balance at Credit January 1, 1956. $ 1,547,180.60

Deduct:

Surplus used to reduce 1956 levy. 1,547,180.60

Unexpended funds from Hurricane Damage Reserves established in 1954. 129,860.79

Surplus from 1956 operations., 1,980,930.32

Balance at Credit December 31, 1956. $2,110,791.11


TRUST FUND BALANCE SHEET

December 31, 1956

ASSETS

Cash in Bank:

Homes for the Aged Trust Account

Securities:

Held for contractors’ holdbacks paid—-

Municipality of Metropolitan Toronto Debentures $ 97,000.00

Dominion of Canada Bonds. 38,000.00

Receivable from Revenue Fund:

For cash deposited on contractors’ tenders. $307,137.06

For cash deposited for employees’ pension contributions pending-

application to join Metropolitan Pension Plan. 32,731.22

For cash deposited on behalf of Metropolitan Toronto Public

Utilities Co-ordinating Committee. 26,737.46

LIABILITIES

Contractors:

Securities deposited for holdbacks paid. $135,000.00

Cash deposited on tenders. 307,137.06

Homes for the Aged Residents:

Cash deposited for general use of residents.

Municipality of Metropolitan Toronto Employees:

Cash deposited for pension contributions pending application to

join Metropolitan Pension Plan.

Metropolitan Toronto Public Utilities Co-ordinating Committee:

Cash deposited on behalf of Committee.

$ 71,108.93

135,000.00

366,605.74

$572,714.67

$442,137.06

71,108.93

32,731.22

26,737.46

$572,714.67

G. A. LASCELLES,


40


SINKING FUND BALANCE SHEET

December 31, 1956

ASSETS

Cash in Bank.$ 1,087.02

Investments—at cost, adjusted for amortization of discount on purchase:

Municipality of Metropolitan Toronto Debentures. 2,356,722.90

Accrued Interest Receivable on Investments. 11,838.15

$2,369,648.07

LIABILITIES

Reserve for Retirement of Debentures: (payable to Capital and Loan Fund)

Metropolitan Purposes—

General. $ 634,217.29

Schools—

Public. $364,139.82

Secondary. 69,994.77

434,134.59

Public Utilities—

Metropolitan Waterworks. $266,768.07

Toronto Transit Commission. 56,504.41

323,272.48

Total Metropolitan Purposes . $1,391,624.36

Area Municipality Purposes. 967,806.81

$2,359,431.17

Surplus. 10,216.90

$2,369,648.07

G. A. LASCELLES,


41


SINKING FUND SURPLUS ACCOUNT


Balance January 1, 1956

Add:

Surplus for the year.

Balance at Credit December 31, 1956

10,216.90

10,216.90

42


SINKING FUND REVENUE AND EXPENDITURE STATEMENT

For the year ended December 31, 1956

REVENUE

Sinking Fund Contributions—

Municipality of Metropolitan Toronto

Metropolitan School Board:

Public.

Secondary.

$626,006.03

$360,088.43

68,893.51

Metropolitan Waterworks.

Toronto Transit Commission.


428,981.94

261,544.34

56,227.13

955,625.49

Interest on Investments..

$2,328,384.93

41,263.14

$2,369,648.07

EXPENDITURE

Sinking Fund Provisions (Actuarial requirements for year)—

General.

Schools:

Public. $364,139.82

Secondary. 69,994.77

Metropolitan Waterworks.



$634,217.29

434,134.59

266,768.07

56,504.41

967,806.81

Surplus for Year

$2,359,431.17

10,216.90

$2,369,648.07

43


PENSION FUND BALANCE SHEET

December 31, 1956

ASSETS

$ 41,430.41

17,142.50

126.31

244,084.05

$302,783.27

LIABILITIES

Accounts Payable:

Pension. $ 95.11

Death Benefit (insurance). 3,269.00

$ 3,364.11

Net Amount available to meet all liabilities including pensions and other benefits 299,419.16

$302,783.27

G. A. LASCELLES,

Treasurer.

Cash in Bank

Investments—at cost:

Municipality of Metropolitan Toronto Debentures $ 12,400.00

Other Municipality Debentures. 4,742.50

Accrued Interest Receivable on Investments

Contributions Receivable:

Revenue Fund—

Employer’s Contributions $184,927.21

Members’ Contributions 10,676.88

$195,604.09

Waterworks Current Fund—

Employer’s Contributions $ 44,527.76

Members’ Contributions. 3,298.18

47,825.94

Members—for arrears of contributions. 654.02

44

THE MUNICIPALITY OF

WATERWORKS

December 31,

Current

Cash on Hand

ASSETS

Water Rates Receivable:


Area Municipality Public Utility Commissions




Sundry.


Revenue Fund

Capital and Loan Fund

Inventory of Materials and Supplies—at cost

Prepaid Insurance Premiums.

Accumulated Net Deficit—(to be met out of 1957 revenue)

773,065.00

109,011.00

11,340.47

5,491.77

5,003.78

8,984.59

8,714.32

250.00

882,076.00

21,836.02

17,698.91

138,330.51

99,818.48

179,458.78

Total Current Assets 1,339,468.70

Capital

General Fixed—(completed works valued at the amount of related debenture

debt). $16,242,089.75

Works In Progress:

Works for which debentures have been issued on account $17,697,808.05

Works for which debentures have not been issued on

account . 3,140,214.90

20,838,022.95


Waterworks Current. $ 814,255.59

Capital and Loan Fund. 590,622.05

1,404,877.64

Inventory of Materials and Supplies for Construction Purposes—at cost 559,616.10

Total Capital Assets. $39,044,606.44

$40,384,075.14 Total Assets


BALANCE SHEET

1956

Current

Accounts Payable:



Sundry.

LIABILITIES

45,798.69

600.00

413,632.60

Deferred Income:

Rentals received in advance .

Accrued Interest from Sale of Debentures.


Waterworks Capital. $ 814,255.59

Pension Fund. 47,825.94

Reserve for Pumping Units and Appurtenances

Total Current Liabilities.

Capital

Debenture Debt: (payable to Capital and Loan Fund)—

Assumed from Area Municipalites. $12,979,337.06

Issued by the Metropolitan Corporation. 22,202,197.41

Accounts Payable:

Area Municipalities $ 65,025.15

Contractors’ Holdbacks. 2,363,223.89

Sundry. 1,433,623.07


Revenue Fund.

Total Capital Liabilities

Total Liabilities.

$ 460,031.29

66.00

6,251.66

862,081.53

11,038.22

$ 1,339,468.70

$35,181,534.47

$ 3,861,872.1 1

1,199.86

$39,044,606.44

$40,384,075.14

G. A. LASCELLES,


46


WATERWORKS SURPLUS ACCOUNT


Balance at Credit January 1, 1956 $279,021.08

Deduct:

Deficit from 1956 operations 458,479.86

Balance at Debit December 31, 1956 $179,458.78

47


THE METROPOLITAN SCHOOL BOARD

CAPITAL BALANCE SHEET

December 31, 1956

ASSETS

Fixed Assets:

Amounts Recoverable from Future Levies of the Metropolitan

Corporation for Unmatured School Debentures:

On Debentures Issued —Public Schools. $21,532,568.46

Secondary Schools. 6,1 12,932.57

On Debentures Assumed—Public Schools. $26,639,401.14

$27,645,501.03

Secondary Schools. 14,144,250.08

Total Assets .

40,783,651.22

$68,429,152.25

LIABILITIES

Debenture Debt

Debentures issued by the Metropolitan Corporation:—

Public Schools. $21,532,568.46


Debentures assumed by the Metropolitan Corporation:—

Public Schools. $26,639,401.14

$27,645,501.03


Total Liabilities.

40,783,651.22

$68,429,152.25

(d. A. LASCELLES,

Treasurer.

THE MUNICIPALITY OF

THE METROPOLITAN

REVENUE FUND

December 31,

ASSETS

Cash on Hand. $ 100.00

Cash in Bank. 37,904.89

- $ 38,004.89

Due from the Metropolitan Corporation—balance of levy owing plus share of taxes

under Section 51 of The Assessment Act less tax deficiencies. 1,146,068.15

Due from the Metropolitan Corporation for accrued interest from sale of debentures

less deficiency of debenture funds. 4,164.30

Due from other School Boards—Etobicoke. $ 3,809.52

—North York. 16,727.61

- 20,537.13

Due from Province of Ontario—for estimated balance of 1956 legislative grants. 60,000.00

Other Current Assets:

Prepaid Insurance, Rent, Parking and Telephone 780.24

$1,269,554.71 Total


SCHOOL BOARD

BALANCE SHEET

1956

LIABILITIES

Accounts Payable:

Due to the Metropolitan Corporation

Due to the Province of Ontario

Due to general creditors.

Salaries Accrued.

$ 8,000.00 709.56

937.91

$ 9,647.47

332.30

Income Tax unremitted to Receiver General of Canada 728.68

Due to other School Boards:

For pension and group insurance. $ 572.47

For portion of 1956 non-resident fees. 201,499.61

For balance of 1956 costs of Auxiliary Classes. 321,903.53

523,975.61

Other Liabilities

Deferred Credit (to be used to abate 1957 debt charges)

Accrued Interest from sale of debentures less deficiency of

debenture funds. $ 4,164.30

Revenue from sale of assets by area school boards 20,537.13

24,701.43

Surplus—

Public Schools. $204,423.21

Secondary Schools. 505,746.01

710,169.22

Total $1,269,554.71

G. A. LASCELLES,

Treasurer.

50



REVENUE FUND SURPLUS ACCOUNT


Public Secondary

Schools Schools T otal

Balance December 31, 1955 $602,716.85 $231,321.30 $834,038.15

Deduct: Amount used to reduce 1956 levy. 602,716.85 231,321.30 834,038.15

<£ <6 <J6 sP. SP. SP

Add : Surplus for the year ended December 31,

1956, per Revenue and Expenditure

Statement. 204,423.21 505,746.01 710,169.22

Balance December 31, 1956 carried to Balance Sheet $204,423.21 $505,746.01 $710,169.22

51

TYPICAL SCHOOL BUILDINGS RECENTLY ERECTED

IN THE METROPOLITAN TORONTO SUBURBAN AREAS

nnpRiRSI i.ai-n I-'

liiuiiiimiiiillT ■ ■ mmu van *m

*mM**m*(F


52

DETAILS OF EXPENDITURES

FOR THE YEARS ENDED DECEMBER 31, 1954, 1955 AND 1956

CLASSIFIED BY FUNCTION

Expenditures

1956 1955 1954

GENERAL $ $ $

Health and Welfare

Hospitalization:

Hospitalization of Indigent Patients. . 2,248,222 2,411,668 2,221,096

Post-Sanatoria Care. 173,869 217,984 206,835

Burial of Indigent Patients. 1,467 271 539

Hosnital Deficits—Grants . 763.273 657,527

Riverdale Isolation Hospital—Grants re Deficits. 227,628 196,842 128,000

Hospital Building Grants. . 947,000 857,000 785,000

Administration. 66,457 59,473 53,123

Child Welfare:

Children’s Aid Societies—Statutory. 2,420,873 2,075,930 1,754,957

—Grants. . 226,809 186,940 283,307

Consulting Fees re Amalgamation Children Aid Societies . 27,368

Administration. 40,065 42,140 38,420

Homes for the Aged:

1 .ambert Lodge. 1,368,564 1,218,363 1,179,273

(jreenacres. 531,154 5,977

I lilltop Acres. 181,431 15,000

York County. 18,801 29,847 25,467

T.T.C. Grant re Blind and War Amputees 50,000

Administration. 64,809 69,662 55,513

9,357,790 8,044,624 6,731,530

Debenture Debt Charges. 110,722 24,332

9,468,512 8,068,956 6,731,530

Roads

Operation and Maintenance. . 3,449,278 3,255,076 2,462,538

Administration. 310,601 251,658 140,589

Toronto and York Roads Commission. 409,686 157,796 128,767

Special Items. . 52,769 113,501 116,870

Sundry. . 56,826 57,937 11,877

4,279,160 3,835,968 2,860,641

Debenture Debt Charges. . 1,748,779 1,369,680 1,343,524

6,027,939 5,205,648 4,204,165

53

DETAILS OF EXPENDITURES—Continued

Sewage System

Operation and Maintenance Administration. Sundry. Special Item.

Debenture Debt Charges

Administration—General Departments— Assessment. Treasury. Audit. Clerk’s. Legal. Council Chairman’s. Courts of Revision. Personnel.

Metropolitan Planning Board Sundry.


Protection to Persons and Property

Police. Licensing Commission. Magistrates Courts. General Courts and Inquests. Juvenile and Family Courts. Children’s Observation Home. Jail. Boys’ and Girls’ Training Schools. Registry Office Buildings. Traffic Control Air Pollution Control.


Expenditures

1956 1955 1954

$ $ $

1,820,383 1,741,466 1,328,009 207,091 183,144 111,850 81,148 76,096 55,881

9,874

2,108,622 2,000,706 1,505,614 1,759,438 1,374,376 1,050,575

3,868,060 3,3 75,082 2,556,189

1,824,406 1,781,987 1,569,385 251,143 217,989 178,432 116,153 104,345 75,678 120,918 104,252 92,268 120,269 90,360 66,102 67,754 60,584 56,683 51,829 46,824 44,056 44,548 40,034 15,521 42,240 32,331 23,644

200,260 145,331 92,500 257,708 188,958 159,166

3,097,228 2,812,995 2,373,435 29,750 34,702 6,057

3,126,978 2,847,697 2,379,492

92,241 36,779 65,438

507,279 503,131 495,294

216,303 169,544 175,627 74,046 72,720 75,724

550,989 565,692 531,049

81,057 80,745 80,728

338,426 558,339 96,483

317,008 398,534 259,896

2,618,280 2,107,374 1,618,318

117,463 3,222

2,735,743 2,110,596 1,618,318

54

DETAILS OF EXPENDITURES—Continued

1956

Expenditures

1955

Parks

Operation and Maintenance. Administration. Sundry. Special Items.


286,769 47,113

7,448 109,979

451,309 176,184

627,493

Unclassified

Grant to T.T.C. re deficit. Grant to Ontario Hurricane Relief Fund Hurricane Damage. Financial Items. Civil Defence. Tax Deficiencies (1954 only). Sundry.

2,300,000

443,885 194,365

TOTAL GENERAL—Maintenance, etc. —Debt Charges

EDUCATION

Maintenance Assistance Payments. Auxiliary Classes Assistance Payments (Net) Tuition Fees to Other School Boards. Costs re Pupils. Administration.

Tax Deficiencies (1954 only).


16,420 333

23,018

39,771 45,280

85,051

267,609 60,781

1954

7,094

7,094

100,000

796,526 223,539

31,831 15,500

2,938,250 328,390 1,167,396

24,850,639 3,942,336

19,169,828 2,851,592

16,256,934 2,407,250

28,792,975 22,021,420 18,664,184

28,989,879 1,881,123

201,500 1,570

102,796

26,532,762 1,507,507

24,470,404 1,377,406

1,464 97,909 93,659

57,948

31,176,868 6,158,619

28,139,642 5,321,341

25,999,417 4,955,072

37,335,487 33,460,983 30,954,489

55

DETAILS OF EXPENDITURES- Continued

Expenditures

1956 1955 1954

$ $ $

WATERWORKS

Operation and Maintenance. . 2,845,800 2,697,845 2,635,237

Administration. 341,519 342,244 322,893

Taxes. 460,506 362,345 282,728

Sundry. 128,919 122,264 156,423

3,776,744 3,524,698 3,397,281

Debenture Debt Charges 2,645,770 2,265,745 2,045,776

6,422,514 5,790,443 5,443,057

DEBT CHARGES RECOVERABLE

Toronto Transit Commission.


TOTAL EXPENDITURES

4,069,945

5,565,222

9,635,167

82,186,143

3,945,737

3,253,045

7,198,782

68,471,628

3,338,133

202,304

3,540,437

58,602,167

56

DETAILS OF REVENUES FOR THE YEARS ENDED DECEMBER 31, 1954, 1955 AND 1956

CLASSIFIED BY FUNCTION

Revenues

1956 1955 1954

$ $ $ GENERAL

Health and Welfare

Provincial Grants:

C hildren’s Aid Societies. 1,029,463 540,129 434,144 Homes for the Aged. . 788,769 456,920 425,814

Recoveries:

Hospitalization of Indigents. . 407,875 351,910 253,131 Children’s Aid Societies. . 44,137 25,087 18,381

Residents’ Maintenance Fees: Lambert Lodge. . 322,293 331,216 328,650 Greenacres. 101,707 Hilltop Acres. 26,449 York County. 9,014 10,840 11,292

Sundry:

Lambert Lodge. . 53,732 17,045 13,169 Greenacres. . 7,474 Hilltop Acres. 1,846

2,792,759 1,733,147 1,484,581

Roads

Provincial Grants. 1,641,546 1,443,815 1,272,278 Rentals. 1,496 257 Other. 6,974 8,223 1,101

1,650,016 1,452,038 1,273,636

Sewage System

Sundry:

Rentals and Concessions. . 10,958 9,073 13,554 Agreements. 6,750 7,017 6,753 Other . 9,170 1,536 1,198

26,878 17,626 21,505

57

DETAILS OF REVENUES—Continued

Revenues

1956 1955 1954

$ $ $

Administration—General

Administrative Services:

Waterworks. . 100,000 100,000 96,191 Metropolitan School Board—

Services of Treasurer. . 5,000 5,000 5,000 Services of Solicitor. . 5,000 5,000 5,000

Sundry:

Audit Fees. . 18,300 15,150 8,600 Rentals. . 9,030 15,831 6,020 Other. . 1,215 133 139

138,545 141,114 120,950

Protection to Persons and Property

Provincial Grants. . 205,927 189,962 184,726

Registry and Land Titles Offices. . 331,509 296,426

Recoveries:

County of York. . 22,443 22,276 22,975 Area Municipalities. . 24,384 22,768 22,855 Court Fines and Fees. 8,607 56,301 6,169 Police 1,287 Dominion Government re Immigrants. 1,371 2,112 3,054 Division ('ourts Jury Fund. . 3,601 3,093 2,784 Boys’ and Girls’ Training Schools. . 9,654 10,271 4,468 Children’s Observation Home.. 479 2,674

Sundry:

Rentals. . 600 600 600 Other . . 939 1,013 1,041

610,801 607,496 248,672

I1

58


Parks:

Rentals and Concessions.

Don Valley Golf Course — Fees, etc.

Sundry.

Unclassified

Provincial Grants—Civil Defence.

—Hurricane Damage.

Financial Items.

Sundry..

Unconditional Per Capita Grant

Surplus from 1955.

General Levy.

Supplementary Taxes.

Less Deficiencies.

TOTAL GENERAL

380.404

118.405

1956

65,696

24,607

1,046

91,349

Revenues

1955

261,999 295,296

1954

151,519 39,112

183,026

57,783 471,005

6,917

185,853

6,921

629,441 231,886 240,809

4,982,100 4,982,100 4,441,028

1,547,181 621,294 .

18,042,836 13,261,355 11,454,296

30,773,905 23,343,352 19,285,477

59


1956

Revenues

1955 1954

$ 8 $

EDUCATION

Provincial Grants. 10,399,569 9,236,177 8,739,310 Surplus from 1955. 834,038 1,275,624

22,773,201 Educational Levy. . 26,424,398 23,490,803 Supplementary Taxes.

Less Deficiencies. . 577,350

189,699 387,651 514,697

TOTAL EDUCATION. 38,045,656 33,799,699 32,230,113

WATERWORKS

Sale of Water to Area Municipalities. High Pressure Fire System. Other.

. 5,842,758 61,110

. 60,166

5,898,471 62,965 15,340

5,447,873 46,424 17,216

5,964,034 5,976,776 5,511,513

DEBT CHARGES RECOVERABLE

Toronto Transit Commission. 4,069,945 3,945,737 3,338,133 Area municipalities. . 5,565,222 3,253,045 20,2,304

9,635,167 7,198,782 3,540,437

TOTAL REVENUES. 84,418,762 70,318,609 60,567,540

60

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C H O H

TORONTO TRANSIT

BALANCE SHEET

ASSETS

CURRENT AND WORKING ASSETS:

Cash including interest bearing deposits. $

Balance of proceeds from the sale of debentures receivable from The Municipality of Metropolitan Toronto.

Accounts receivable, including accrued interest.

Gray Coach Lines, Limited—current account.

1956 dividend receivable from Gray Coach Lines, Limited.

Working funds advanced to employees and agents.

Materials and supplies valued on the basis of cost less allowance for obsolete items .

Unexpired insurance premiums and other prepaid expenses

3,692,289

896,399

859,513

613,334

60,000

371,995

2,211,142

165,683

$ 8,870,355

MORTGAGES RECEIVABLE ON PROPERTY SOLD 1,059,459

INVESTMENT IN CAPITAL STOCK OF GRAY COACH LINES, LIMITED, A WHOLLY OWNED SUBSIDIARY, at Cost. 1,000,000

CAPITAL ASSETS:

Land, buildings, subway, power distribution system, trackwork, rolling stock, buses, ferry boats, franchises, etc., at cost. $146,256,694

Less: Accumulated depreciation 56,129,541

90,127,153

UNAMORTIZED DEBENTURE DISCOUNT 1,379,594

$102,436,561

COMMISSION

DECEMBER 31, 1956

LIABILITIES

CURRENT LIABILITIES:

Accounts payable and accrued liabilities Debenture interest accrued Debentures maturing and sinking fund payments due in 1957. ..

PROVISIONS:

For tickets and tokens held by the public. For workmen’s compensation and public liability.

CAPITAL DEBT:

The Municipality of Metropolitan Toronto: For serial debentures maturing in annual instalments from 1957 to

1984 (including $49,850,000 debentures payable in United States funds).

For sinking fund debentures maturing in 1980 and 1986 (including $2,599,000 debentures payable in United States funds), less sinking fund balance of $56,504.

$ 4,318,745 374,123

1,897,656 $ 6,590,524

$ 350,0000 1,500,000

1,850,000

$65,049,400

4,592,496

Less: Debentures maturing and sinking fund payments due in 1957 shown as current liabilities.

$69,641,896

1,897,656

Foreign exchange premiums received less discounts paid on transfer of proceeds of $52,449,000 debentures issued in United States funds.

$67,744,240

2,023,584

EARNINGS RETAINED IN THE SYSTEM: 69,767,824

Balance January 1, 1954 at which date the system was acquired from the Toronto Transportation Commission. $24,803,733

Less: Accumulated deficit since January 1, 1954 per statement attached 575,520 24,228,213

$102,436,561

AUDITORS’ REPORT To the Chairman and Members

of the Toronto Transit Commission.

We have examined the Balance Sheet of Toronto Transit Commission as at December 31, 1956 and the Statement of Earnings and Statement of Accumulated Deficit for the year ending on that date and have obtained all the information and explanations we have required. Our examination included a general review of the accounting procedures and such tests of accounting records and other supporting evidence as we considered necessary.

In our opinion, the accompanying Balance Sheet and Statement of Earnings and Statement of Accumulated Deficit present fairly the financial position of the Commission as at December 31, 1956 and the results of its operations for the year ending on that date.

PRICE WATERHOUSE & CO.

Chartered Accountants. Toronto, May 29, 1957.

GRAY COACH

BALANCE SHEET

ASSETS

CURRENT AND WORKING ASSETS:

Cash including interest bearing deposits.

Treasury bills.

Accounts receivable, including accrued interest.

Working funds advanced to employees.

Unexpired insurance premiums and other prepaid expenses

$1,324,915

484,090

84,879

8,385

23,665 $1,925,934

INVESTMENTS:

Canadian Federal, Provincial and Municipal bonds including $150,000 on deposit under insurance bond, at market value. 1,054,880

MORTGAGE RECEIVABLE ON PROPERTY SOLD 36,500

CAPITAL ASSETS:

Land, buildings, motor coaches, other equipment and franchises at cost $6,824,511

Less—Accumulated depreciation. 4,166,122 2,658,389

$5,675,703

Auditors’ Report to the Shareholders of

GRAY COACH LINES, LIMITED:

We have examined the Balance Sheet of Gray Coach Lines, Limited as at December 31, 1956 and the Statement of Earnings and Retained Earnings for the year ending on that date. Our examination included a general review of the accounting procedures and such tests of accounting records and other supporting evidence as we considered necessary in the circumstances.

In our opinion, the accompanying Balance Sheet and Statement of Earnings and Retained Earnings present fairly the financial position of the company as at December 31, 1956, and the results of its operations for the year ending on that date.

PRICE WATERHOUSE & CO.

Chartered Accountants. Toronto, May 29, 1957.

LINES, LIMITED

DECEMBER 31, 1956

LIABILITIES

$ 159,322

613,334

60,000 $ 832,656

PROVISIONS:

For tickets held by the public. $ 16,000

For workmen’s compensation and public liability. 550,000 - 566,000

CAPITAL STOCK AND RETAINED EARNINGS:

Capital Stock—

Authorized and issued—

10,000 shares of $100 each $1,000,000

Earnings retained, per statement attached 3,077,047

Reserve for replacement of coaches 200,000 4,277,047

$5,675,703

CURRENT LIABILITIES:

Accounts payable and accrued liabilities.

Toronto Transit Commission—current account

Dividend payable to Toronto Transit Commission

Approved on behalf of the Board:

ALLAN A. LAMPORT, Director

W. E. P. DUNCAN, Director

66

YONGE STREET RAPID TRANSIT

ST. CLAIR AVENUE STATION

EGLINTON AVENUE TERMINAL ENTRANCE TO SUBWAY

67

DEBENTURES ISSUED IN 1956

MATURITIES AND COUPON INTEREST RATES

PUBLIC OFFERINGS

June (Canada) August (New York)

Coupon Coupon Maturity Interest Amount Interest Amount Total

Rate Rate

% $ % $ $

1957 4 205,000 205,000 1958 4 213,000 213,000 1959 4 220,000 220,000

1960 4 228,000 228,000 1961 4 744,000 744,000 1962 4 236,000 236,000 1963 4 244,000 244,000 1964 4 253,000 253,000 1965 4 262,000 262,000

1966 4 1,193,000 1,193,000

1967 4 91,000 91,000

1968 4 94,000 94,000

1969 4 97,000 97,000 1970 4 101,000 101,000

1971 4 699,000 699,000 1972 4 16,000 16,000 1973 4 17,000 17,000 1974 4 17,000 17,000 1975 4 18,000 18,000

1976 4K 28,580,000 418 27,868,000 56,448,000

1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 TVs 3,638,000 3,638,000

28,580,000 36,454,000 65,034,000

68

Municipality

DEBENTURES

PURPOSES AND

Purposes of Issues

ISSUED IN 1956

TERMS OF ISSUES

Sinking Fund and Term instalment

(Years) Debentures Issued

$ $ East York Local Improvements. 15 388,588.88*

Sewage. 10 5,773.99 Waterworks (includes $918.55*).. 10 6,517.42 Highways. 10 12,723.22 Miscellaneous. . 15 222,816.35 Schools. . 20 37,831.16

674,251.02

Etobicoke Local Improvements. . 15 579,310.73* Waterworks. 10 36,970.02* Schools. . 20 914,999.33 Highways. 10 82,689.88

1,613,969.96

Leaside Local Improvements. . 10 22,013.84*

Long Branch Local Improvements. 10 7,751.82* Hospital Grant. . 5 10,285.71 Schools . . 20 30,295.55

48,333.08

Mimico Schools. . 20 43,748.28

New Toronto Schools. . 20 67,618.81

North York Local Improvements. 10 725,285.77* Sewage. 15 223,772.42 Waterworks. 10 & 15 237,760.52 Parks. 10 258,405.75 Hydro-Electric System. . 20 549,095.75 Schools. . 20 2,089,680.08

4,084,000.29

Scarborough Local Improvements. 20 755,291.99* Waterworks. 15 87,796.83* Township Garage. 5 61,714.29 Hvdro-Electric System . 20 2,730,310.37 Schools. 5 & 20 2,369,553.91

6,004,667.39

Carried Eorward. 12,558,602.67

60

Municipality

DEBENTURES

PURPOSES AND

Purposes of Issues

ISSUED IN 1956

TERMS OF ISSUES

Sinking Fund and Term instalment

(Years) Debentures Issued

$ $

Brought Forward. 12,558,602.67

Swansea Sewage. 15 62,181.31

Toronto Garbage Disposal. . 20 252,800.00 Highways. . 10 & 20 292,077.69 Local Improvements. . 15 259,071.57* Parks. . 20 303,350.00 Housing Authority. 30 1,039,000.00 Parking Authority. . 20 505,643.88 Schools. . 20 2,907,534.25

5,559,477.39

York Schools. . 20 270,362.00

Metropolitan Corporation

Administration of Justice . 20 1,011,111.11 I lighwavs. . 20 7,716,338.31 Parks. . 5 & 20 247,718.18 Sewage. 10 & 20 14,881,494.32 Welfare. 10 207,189.78 Miscellaneous. . 10 103,594.89 Schools. . 5 & 20 9,607,376.63 T.T.C. . 30 2,599,000.00

Waterworks. . 20 10,209,553.41 46,583,376.63

Total. 65,034,000.00

ANALYSIS OF TOTAL DEBENTURE DEBT

As at December 31,

(i.e. Debentures issued prior to January 1, 1954 By Area

Amount of Area Municipality Debentures For

The Payment of Which The Metropolitan

Corporation is Responsible to Provide Funds

-Area Metro- To be levied against Munici- politan

all Area Self-Liquidating pality Totonto

Municipality

Lhimatured Debentures

Munici

Education

ipalities

Sewage System

Roads-Parks and

Recreation

Toronto Transit

Commission Waterworks

Debentures

Balance

Debentures

Outstanding

$ $ $ $ $ $ $ To be levied as indicated*

East York. 7,833,017 2,522,898 699,505 106,708 4,503,906 1,387,144 Etobicoke. 13,355,428 6,602,664 969,802 366,236 5,416,726 8,379,323 Forest Hill. 2,608,760 1,572,759 146,563 889,438 509,433 Leaside. 2,645,479 1,342,160 9,382 1,293,937 83,636 Long Branch. 676,300 196,419 97,187 382,694 117,263 § Mimico. 763,740 100,130 250,204 413,406 72,179§ New Toronto ... 3,634,373 852,000 121,966 2,138,000 522,407 119,742 § North York. 19,176,226 10,604,289 755,914 444,868 7,371,155 9,488,188 Scarborough. 9,697,000 5,974,736 151,802 525,032 3,045,430 15,156,305 Swansea. 614,651 241,255 17,293 356,103 134,152 Toronto. 115,214,892 7,616,000 11,645,659 61,182,000 9,253,493 25,517,740 35,304,851 Weston. 2,021,392 864,902 388,186 28,400 145,000 594,904 301,497 York. 9,047,019 2,293,439 1,316,545 5,437,035 2,409,310

Total. 187,288,277 40,783,651 16,570,008 61,210,400 12,979,337 55,744,881 73,463,023

To be levied Metropolitan Corporation: Municipalities

Assumed Debt.. 40,783,651 16,570,008 61,210,400 12,979,337 131,543,396 Outstanding

Debt. 175,885,602 102,422,579

Total. 175,885,602 40,783,651 16,570,008 61,210,400 12,979,337 131,543,396 102,422,579

Grand Total 363,173,879 187,288,277 175,885,602

*Metropolitan Debentures are direct, joint and several obligations of the Metropolitan Corporation and the Area Municipalities notwithstanding the fact that the whole or any portion of the rates imposed for the payment thereof will be levied only against one or more of the Area Municipalities.

71

OF THE METROPOLITAN AREA

1956

Municipalities and Thereafter by Metropolitan Corporation)

Total Debt

Per Capita

Less Self-Liquidating Debts

Net Debt Before

Ded uction of

Sinking Funds

Less Basic 3% Sinking Funds

Re Debts other than

Self- Liquidating

Net Debt

Pet- Capita

Hydro- Electric Systems

Toronto Transit Com¬

mission Water¬ works

$ $ $ $ $ $ $ $ $

5,891,050 84.59 747,017 78,397 5,065,636 5,065,636 72.74 13,796,049 133.14 5,126,783 1,458,071 7,211,195 107,713 7,103,482 68.55

1,398,871 71.81 27,889 14,371 1,356,611 2,514 1,354,097 69.51 1,377,573 83.30 49,420 1,328,153 1,328,153 80.31

499,957 48.78 3,685 496,272 2,306 493,966 48.20 485,585 35.48 102,500 9,873 373,212 812 372,400 27.21 642,149 55.50 642,149 1,406 640,743 55.43

16,859,343 99.11 6,384,693 616,708 9,857,942 76,183 9,781,759 57.50 18,201,735 130.25 7,706,310 1,191,797 9,303,628 79,179 9,224,449 66.01

490,255 57.04 114,756 8,791 366,708 366,708 42.67 60,822,591 91.09 7,551,000 310,207 52,961,384 498,060 52,463,324 78.57

896,401 93.93 207,413 47,627 641,361 641,361 67.21 7,846,345 66.75 7,846,345 59,563 7,786,78 2 66.24

129,207,904 95.15 27,968,361 3,788,947 97,450,596 827,736 96,622,860 71.15

against all Area (except Self-Liquidating)

131,543,396 96.86 61,210,400 12,979,337 57,353,659 57,353,659 42.23

102,422,579 75.42 8,488,000 22,468,966 71,465,613 1,068,351 70,397,262 51.84

233,965,9751 172.28 69,698,400 35,448,303 128,819,272 1,068,351 127,750,921 94.07

363,173,879 267.43 27,968,361 69,698,400 39,237,250 226,269,868 1,896,0871 224,373,781 165.22

fEducation—$68,863,287; Sewage System—$32,921,507; Roads, etc.—$20,733,183; Parks and Recreation—$1,722,685; Toronto Transit Commission—$69,698,400; Homes for the Aged—$1,740,403; Waterworks—$35,448,303; Administrative

Building—$396,000; Administration of Justice—$2,338,612; Miscellaneous—$103,595. JNot including Sinking Funds re Self-Liquidating Debts; Hydro-Electric Systems—$138,142; T.T.C.—$56,504; Waterworks—$268,698.

§Lakeshore District Board of Education distributed on basis of revised 1956 Public and Secondary School Assessments.

72

SUMMARY OF TOTAL DEBENTURE DEBT MATURITIES OF THE METROPOLITAN

CORPORATION AND THE AREA MUNICIPALITIES

As at December 31, 1956

Metropolitan Corporation Debt of Area Total Debt Total Debt of

Direct Debt Municipalities Metropolitan Metropolitan

Assumed by Corporation Debt of Area Corporation

Sinking Metropolitan (Direct and Municipalities and the Area

Instalment Fund Total Corporation Assumed) Not Assumed Municipalities

$ $ $ $ $ $ $

1957 3,454,545 3,454,545 7,392,178 10,846,723 5,546,441 16,393,164

1958 3,553,668 3,553,668 7,318,981 10,872,649 5,206,032 16,078,681 1959 3,642,952 3,642,952 7,383,469 11,026,421 4,825,590 15,852,011

1960 3,044,280 435,000 3,479,280 7,063,569 10,542,849 4,462,774 15,005,623

1961 3,068,655 742,000 3,810,655 6,753,462 10,564,117 4,106,668 14,670,785

1962 3,184,078 190,000 3,374,078 6,463,767 9,837,845 3,571,286 13,409,131

1963 3,242,550 3,242,550 6,308,669 9,551,219 3,174,151 12,725,370

1964 3,259,075 3,259,075 6,083,746 9,342,821 2,666,822 12,009,643

1965 2,881,149 4,718,000 7,599,149 6,130,564 13,729,713 2,677,673 16,407,386

1966 2,684,154 937,000 3,621,154 6,179,188 9,800,342 2,670,182 12,470,524

1967 2,589,160 2,589,160 6,254,696 8,843,856 2,582,313 11,426,169

1968 2,631,165 2,631,165 6,206,137 8,837,302 2,544,441 11,381,743

1969 2,662,171 2,662,171 5,747,828 8,409,999 2,079,686 10,489,685 1970 2,585,000 683,000 3,268,000 5,612,857 8,880,857 2,009,316 10,890,173 1971 2,567,000 1,800,000 4,367,000 5,087,336 9,454,336 1,879,671 11,334,007 1972 2,468,000 1,694,000 4,162,000 4,480,237 8,642,237 1,791,467 10,433,704

1973 2,448,000 2,448,000 3,663,712 6,111,712 1,007,368 7,119,080

1974 2,467,000 2,467,000 2,767,000 5,234,000 323,000 5,557,000

1975 579,000 38,912,000 39,491,000 2,845,000 42,336,000 330,000 42,666,000

1976 576,000 56,448,000 57,024,000 2,920,000 59,944,000 337,000 60,281,000

1977 598,000 598,000 3,016,000 3,614,000 345,000 3,959,000

1978 618,000 618,000 3,107,000 3,725,000 353,000 4,078,000

1979 639,000 639,000 3,190,000 3,829,000 295,000 4,124,000

1980 662,000 2,050,000 2,712,000 3,274,000 5,986,000 304,000 6,290,000

1981 685,000 685,000 2,799,000 3,484,000 248,000 3,732,000 1982 710,000 710,000 1,757,000 2,467,000 237,000 2,704,000

1983 734,000 734,000 1,738,000 2,472,000 171,000 2,643,000 1984 759,000 759,000 759,000 759,000 1985 4,646,000 4,646,000 4,646,000 4,646,000 1986 3,638,000 3,638,000 3,638,000 3,638,000

58,992,602 116,893,000 175,885,602 131,543,396 307,428,998 55,744,881 363,173,879

73

POPULATION, AREA AND ASSESSMENT OF THE AREA MUNICIPALITIES

COMPRISING THE MUNICIPALITY OF METROPOLITAN TORONTO 1956

Population Area Assessment

Area Municipality

Number

%of

Total

Square

Miles % of Total *Amount

%of

Total

East York. 69,642 5.13 5.6 2.34 $ 105,186,046 3.30

Etobicoke. 103,621 7.63 42.7 17.81 295,483,854 9.28

Forest Hill 19,480 1.43 1.5 .63 58,584,060 1.84

Leaside. 16,538 1.22 2.3 .96 61,722,568 1.94

Long Branch 10,249 .75 .9 .37 15,963,390 .50

Mimico. 13,687 1.01 .8 .33 23,123,132 .73

New Toronto 11,560 .85 1.2 .50 35,420,782 1.11

North York. .... 170,110 12.53 69.5 28.99 403,954,797 12.69

Scarborough 139,744 10.29 70.3 29.33 265,396,108 8.34

Swansea. 8,595 .63 1.1 .46 19,658,123 .62

Toronto .... 667,706 49.17 34.9 14.56 1,689,977,883 53.09

Weston. 9,543 .70 1.0 .42 19,947,501 .63

York. .... 117,553 8.66 7.9 3.30 188,704,606 5.93

11,358,028 100.00 239.7 100.00 $3,183,122,850 100.00

■"Assessment made in 1956, upon which the Metropolitan General Levy in 1957 was distributed.

11956 Census of Canada

74

POPULATION GROWTH OF AREA MUNICIPALITIES

IN THE TORONTO METROPOLITAN AREA

1940 1945 1950 1954 1955 1956

East York. . 38,316 43,266 60,155 68,812 69,402 69,642

Etobicoke. . 16,827 21,274 44,139 83,169 93,781 103,621

Forest Hill. . 12,172 13,960 16,191 18,664 19,139 19,480

Leaside. . 5,493 9,227 15,255 16,873 16,779 16,538

Long Branch. . 4,258 5,049 8,044 9,263 9,632 10,249

Mimico. . 7,194 8,785 10,410 12,383 13,054 13,687

New Toronto. . 7,514 8,498 10,961 9,807 11,231 11,560

North York. . 20,382 25,100 62,646 130,766 148,258 170,110

Scarborough. . 23,208 24,140 48,141 95,706 110,286 139,744

Swansea. . 6,606 7,142 7,864 8,718 8,512 8,595

Toronto. . 648,098 681,802 667,487 682,415 681,857 667,706

Weston. . 5,289 6,214 8,018 8,569 9,143 9,543

York. . 77,175 81,652 95,669 106,695 113,289 117,553

872,532 936,109 1,054,980 1,251,840 1,304,363 *1,358,028

*1956 Census of Canada

STATEMENT OF POPULATION, TAX LEVIES AND COLLECTIONS

THEREOF OF THE AREA MUNICIPALITIES COMPRISING

THE METROPOLITAN CORPORATION, 1956

Current Tax Levies

(Including Special Service Charges)

Tax Collections

as % of Current

Tax Levies

For

Purposes of

Metropolitan

Corporation

Area

Municipality Population

For Own

Purposes Total

Per

Capita Current

Current

and

Arrears

$ $ $ $ % %

East York. 69,642 3,103,651 1,565,334 4,668,985 67.04 95.12 100.25

Etobicoke. 103,621 6,504,557 3,961,403 10,465,960 101.00 94.43 97.66

Forest Hill. 19,480 1,641,668 877,624 2,519,292 129.33 96.65 98.71

Leaside. 16,538 1,187,278 924,442 2,111,720 127.69 98.37 99.94

Long Branch 10,249 483,403 229,892 713,295 69.60 89.50 95.91

Mimico 13,687 555,008 329,794 884,802 64.65 94.47 99.20

New Toronto. 11,560 745,472 539,982 1,285,454 111.20 97.44 99.76

North York. 170,110 10,096,576 5,480,245 15,576,821 91.57 90.97 98.08

Scarborough 139,744 8,148,255 3,620,715 11,768,970 84.22 89.45 97.27

Swansea. 8,595 409,726 292,451 702,177 81.70 93.72 96.82

Toronto. 667,706 49,715,632 24,515,375 74,231,007 111.17 94.16 98.73

Weston. 9,543 587,164 299,142 886,306 92.87 96.24 100.27

York 117,553 5,086,944 2,788,589 7,875,533 67.00 95.10 99.12

1,358,028 88,265,334 45,424,988 133,690,322 98.44 93.62 98.53

Note: The above figures include supplementary taxation before adjustment for tax losses.

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COMPARATIVE STATEMENT OF POPULATION, TAX LEVIES AND

COLLECTIONS THEREOF OF THE AREA MUNICIPALITIES

COMPRISING THE METROPOLITAN CORPORATION

Tax Collections as % Total Current of Current Tax Levy

Tax Levy-

-Current Current and Year Population Amount Per Capita Arrears

% $ % %

1946. . 959,308 40,346,181 42.06 95.75 99.94

1947. . 993,756 46,226,341 46.52 95.74 99.54

1948. . 997,133 48,892,932 49.03 94.88 98.88

1949. . 1,021,007 55,498,335 54.36 92.01 96.61

1950. . 1,054,980 61,612,136 58.40 93.58 99.86

1951. . 1,081,460 76,448,924 70.69 93.62 97.76

1952. . 1,134,689 86,986,746 76.66 93.98 99.11

1953. . 1,172,556 91,650,009 78.16 94.65 99.70

1954. . 1,251,840 102,658,137 82.01 93.22 97.75

1955. . 1,304,363 114,265,705 87.60 93.83 99.27

1956 (1). . 1,358,028 133,690,322 98.44 93.62 98.53

Note: (1) For breakdown by Area Municipality, see page 75.

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