May 16, 2013
By Michael Kramer
The Toronto Arts Council has released it’s report in co-operation with the city.
“Creating Value with Increased Investment in the Arts” targets immediate arts funding principles and priorities and longer term programs and goals.
Council voted unanimously in April to allocate a $6 million increase to arts and culture funding, from revenues generated through the Billboard tax.
$4 million of that is directed to the Arts Council’s grants program.
It’s an important first step towards realizing the city’s commitment to $25 per capita arts funding.
The Toronto Arts Council funds artists and arts organizations across the city through its grants programs. In 2012, approximately $10.3 million was disbursed to 419 arts organizations and 272 individual artists. The Council’s grant budget will increase to $14.3 million this year.