The almost $10-billion budget — approved Wednesday by a vote of 37-8 — includes a $3.1-million increase to the city's firefighters’ budget.
A two per cent property tax increase had already been approved.
Throughout this week's council meetings, a number of motions were added to increase spending for a number of services and departments, including the fire department.
Mayor Rob Ford praised the budget and said it showed councillors of all stripes can work together.
He added that the city's debt has been reduced by $808 million.
"This budget features improved services, lower debt, affordable taxes and sustainable spending," he said.
"For the first time ever, ladies and gentlemen, this budget does not rely on any prior year's surplus. That's amazing."
(AM640, 680News, The Canadian Press)