A proposed parking levy in Toronto aimed at generating $100 million to $108 million in revenue for the city is facing delays as staff recommend further work. The levy is intended to address budget constraints while promoting sustainable transportation. City officials express a desire to partner with the Municipal Property Assessment Corporation (MPAC) for implementation, but board approval is needed. Coun. Josh Matlow suggests that the city should proceed independently if an agreement with MPAC cannot be reached, aiming for progress rather than repeated delays.
The key hurdle to implementing a commercial parking levy is the city wanting to work with MPAC on administration, requiring board approval and possible provincial engagement.
Councillor Josh Matlow proposed to move forward independently if MPAC can't commit, believing the city should not be held back by their process.
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