Oh shit I forgot about the other budget item (where they actually set the rates). As is tradition, it is considered after the main budget item, even though now it makes no difference.
You'll notice the table of property tax rates is mind-meltingly confusing. As ever, see David Hains's perennially useful explainer on how property taxes work in Toronto.
Holyday has questions about the changes to Toronto Parking Authority financing. (There are interesting changes afoot that I have not looked into myself.)