Penechetti sets storm costs at $171 million in 2013

Penechetti
City Manager Joe Penechetti has run the numbers carefully and announced this evening that the storms that hit Toronto last year will cost taxpayers $171 million. Between the floods in July, and the ice storm in December the city works meter just kept on chugging until it hit this staggering figure. It seems like a lot but anyone who has ever prepared a budget will know how salaries and overtime drive up the cost.  All those hundreds of extra people working to restore power are the biggest thing. During the two days of solid rain that resulted in the July flooding, hundreds  of men were called out to physically assist hundreds of people stranded on a GO train. Penechetti said he will be suggesting that Toronto ask the Ontario government to help.