Development Charge Revenues

City of Toronto development charges revenues, net of refunds, unaudited and subject to adjustments including year-end adjustments. The Provincial Development Charge (DC) Act allows Toronto City Council (Council) to pass bylaws that impose development charges on new residential and non-residential land development in the City, with certain exemptions, in order to partially pay for future capital projects such as transit, sanitary sewers and recreation centres resulting from population and employment growth in the City. The charges are paid at the time of building permit issuance and distributed to various development charge reserve funds based on the proportions set out in the bylaw.

Data is based on accounting not calendar month. The City's annual development charges reserve fund statement should be referred to for official and audited final annual revenues.

Data and Resources

Additional Info

Field Value
Last Updated January 16, 2020, 15:21 (UTC)
Created September 19, 2019, 13:48 (UTC)
Package ID 4443f9c3-e568-4505-b77d-b8913df2417f
Package Name development-charge-revenues
Excerpt Development charges are fees collected from developers according to the Provincial Development Charges Act to help pay for future growth related infrastructure (e.g. transit, roads, sewers).
Limitations Amounts are subject to adjustments during the year.
Dataset Category Document
Refresh Rate Monthly
Owner Division Accounting Services
Owner Section Corporate Financial Reporting
Owner Unit Financial Reporting
Owner Email christopher.phillips@toronto.ca
Civic Issues Fiscal responsibility
Formats XLSX
Topics Finance,City government,Business
Information URL https://www.toronto.ca/city-government/budget-finances/city-finance/development-charges/