The Public GalleryToronto

Budget Committee · 2019-10-08 · 2019.BU9.1

The filed record

Planning Act (Section 37 and Section 45) Reserve Funds Statement, 2016-2018

The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.

The decision

2019-10-08 · Budget Committee · adopted

As filed

The Budget Committee recommends to the Executive Committee that: 1. Executive Committee receive the report (September 23, 2019) from the Chief Financial Officer and Treasurer and the Chief Planner and Executive Director, City Planning for information.

On the agenda

As the city filed it

This report provides a financial statement of Planning Act (Section 37 and Section 45) reserve funds for the fiscal years of 2016, 2017 and 2018. The report details the contributions received from developers; interest earned; and transfers for expenditure for the period of January 1, 2016 to December 31, 2018. In addition, the report summarizes the Section 37 community benefits secured through site-specific zoning by-laws and Section 45 community benefits secured through Committee of Adjustment decisions during this time period.

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The attachments to the report provide additional transaction details and reserve fund balances by ward as of December 31, 2018.

Staff recommended

The Chief Financial Officer and Treasurer and the Chief Planner and Executive Director, City Planning recommend that: 1. Executive Committee receive this report for information.

    On the record

    The item as the City filed it

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