April 19, 2024
June 21, 2015
#apps4TO Kicks Off + the week in TO innovation and biz:
Microbiz of the Weekend: Pizza Rovente
June 18, 2015
Amy Schumer, and a long winter nap.
October 30, 2014
Vice and Rogers are partnering to bring a Vice TV network to Canada
John Tory gets a parody Twitter account
Billboard Tax Funds Finally to Flow to Toronto's Arts and Culture
Cultural operations budget increase is a dream come true for Toronto artists

Image via flickr / Kiril Strax

City artists and and cultural organizations rejoice as money from the billboard tax starts to come in by the millions. The idea to tax billboards and give back to the city of Toronto by means of arts funding came from freelance curator, Devon Ostrom. Inspired by graffiti on a billboard, Ostrom wondered why there was no benefit to the public for putting up with these road-side advertisements and thus the tax was born.

The Third Party Sign Tax, as it is officially known, was met with resistance from the billboard industry after being passed by city council in 2009. The industry took legal action and went so far as to bring the case to the Supreme Court of Canada, who heard none of it. The billboard tax passed and so begun the collection of money, but until now the funds have been flowing into the city’s general revenue stream.

So far the tax has brought in $6 million, which Councillor Gary Crawford wants to use to increase the 2013 arts budget and with strong support from the city’s executive committee, it’s likely to pass in today’s budget vote. After the initial injection of cash, an additional $17 million would be incorporated into the budget over the next 4 years increasing Toronto’s per capita arts spending from $18.30 to $25. The artistic community can rejoice after over a decade of pushing for arts funding, and to make matters better, even Rob Ford supports the budget increase.

[via Toronto Star]

____

Hallae Khosravi is an intern at Toronto Standard. Follow her on Twitter @hallaek. 

For more, follow us on Twitter at @torontostandard and subscribe to our Newsletter.

  • TOP STORIES
  • MOST COMMENTED
  • RECENT
  • No article found.
  • By TS Editors
    October 31st, 2014
    Uncategorized A note on the future of Toronto Standard
    Read More
    By Igor Bonifacic
    October 30th, 2014
    Culture Vice and Rogers are partnering to bring a Vice TV network to Canada
    Read More
    By Igor Bonifacic
    October 30th, 2014
    Editors Pick John Tory gets a parody Twitter account
    Read More
    By Igor Bonifacic
    October 29th, 2014
    Culture Marvel marks National Cat Day with a series of cats dressed up as its iconic superheroes
    Read More

    SOCIETY SNAPS

    Society Snaps: Eric S. Margolis Foundation Launch

    Kristin Davis moved Toronto's philanthroists to tears ... then sent them all home with a baby elephant - Read More