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Mary Russo

City of Toronto/Manager Financial Planning

At a Glance
2025

Latest Salary

$178,091

2025

Total Compensation

$179,204

Incl. $1,113 benefits

Employer Rank

#1,003

City of Toronto

Years on List

10

2016–2025

Salary History

Salary by year, 2016–2025Line chart of 10 yearly values, from $107,580 in 2016 to $179,204 in 2025.$0$50K$100K$150K$200K201620182020202120232025

Full History
20162025

YearEmployerPositionSalaryBenefitsTotal
2025City Of TorontoManager Financial Planning$178,091$1,113$179,204
2024City Of TorontoManager Financial Planning$164,335$1,066$165,402
2023City Of Toronto$140,023$1,063$141,086
2022City Of TorontoManager Financial Planning$131,938$996$132,935
2021City Of TorontoManager Financial Planning$113,263$874$114,137
2020City Of TorontoSenior Budget And Operations Analyst Policy, Planning, Finance And Administration$117,743$840$118,583
2019City Of TorontoSenior Budget and Operations Analyst Policy, Planning, Finance and Administration$121,640$835$122,475
2018City of TorontoSenior Budget and Operations Analyst Policy Planning Finance and Administration$113,609$826$114,435
2017City of TorontoSenior Budget and Operations Analyst Policy Planning Finance and Administration$115,940$809$116,749
2016City of TorontoSenior Budget and Operations Analyst Policy Planning Finance and Administration$106,782$798$107,580

Take-Home Pay
(After Tax) · 2025 estimate

Take-home on Mary Russo's 2025 salary of $178,091 comes to roughly $119,344 once federal and Ontario income tax (about 29.9% effective) is deducted. That is about 8% more than the $164,335 paid in 2024. Mary Russo has appeared on the list 10 times since 2016. Most Municipalities & Services employees belong to OMERS, so actual take-home is likely another 7–10% lower after pension contributions.

Estimated net pay
~$119,344
Effective income-tax rate (excl. CPP/EI)
~29.9%
CPP + EI contributions
~$5,507
vs. 2025 Manager Financial Planning median
+21%

Where does $178,091 rank on the Sunshine List? →

Estimate only: 2025 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.

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