Toronto Homes for the Aged Division
Encyclopedia
The Toronto Homes for the Aged Division, or THAD, assumed responsibilities for public run home care facilities for the elderly from the former Toronto Community Services
Toronto Community Services
The department responsible for providing* social services* housing and shelters for homeless* day care* old age homesThis department was part of Metro Toronto Community Services department....

 department.

These nursing homes are separate from private and non-profit agencies, which makes the bulk of the facilities in Toronto
Toronto
Toronto is the provincial capital of Ontario and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from...

.

Funding

As a division of the municipal government of Toronto, Toronto Homes for the Aged's annual funding level is established by a vote of the Toronto City Council
Toronto City Council
The Toronto City Council is the governing body of the city of Toronto, Ontario, Canada.Members represent wards throughout the city, and are known as councillors....

 in favour of the year's proposed budget. Provided below are historical gross
Gross (economics)
In economics, gross means before deductions. The antonym is net, meaning after deductions.-Usage:In this sense, it may appear an adjective, following the noun it modifies, e.g., "earned two million dollars, gross"...

 and net
Net worth
In business, net worth is the total assets minus total outside liabilities of an individual or a company. For a company, this is called shareholders' preference and may be referred to as book value. Net worth is stated as at a particular year in time...

 funding levels of THAD as a part of the city's operating budgets.
Toronto Homes for the Aged funding as per municipal operating budgets
Year Gross Amount % of Year's Gross Budget Net Amount % of Year's Net Budget
1999
Budget of the municipal government of Toronto, 1999
The budget of the municipal government of Toronto, 1999 was approved in that year by the Toronto City Council. The following are gross and net figures in Canadian dollars from the operating budget . A figure in brackets denotes a surplus instead of a loss. All revenue figures have been provided...

$125,579,000 2.2% $22,915,000 0.9%
2004
Budget of the municipal government of Toronto, 2004
The budget of the municipal government of Toronto, 2004 was approved in that year by the Toronto City Council. The following are gross and net figures in Canadian dollars from the operating budget . A figure in brackets denotes a surplus instead of a loss. All figures have been rounded to units...

$169,546,000 2.6% $28,370,000 1.0%

External links

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