TORONTO – Toronto Mayor John Tory is expected to make a major funding announcement related to the Toronto Transit Commission this morning.

TTC spokesperson Brad Ross tweeted a statement saying TTC Chair Josh Colle will also be in attendance.

This morning, @johntoryTO and @JoshColle will make a major #TTC funding announcement.

— Brad Ross (@bradTTC) January 19, 2015

Both Tory and Colle will make the announcement following a visit at Joyce Public School in North York at 10:30 a.m.

This come one day ahead of the city’s first draft budget to be released Tuesday at the budget committee.