Business Improvement Areas (BIAs) - 2020 Operating Budgets - Report 1

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The decision

2019-12-17 · Toronto City Council · adopted

As filed

City Council on December 17 and 18, 2019, adopted the following: 1. City Council adopt and certify the 2020 recommended Operating Budgets and Levy requirements of the following Business Improvement Areas: Business Improvement Area 2020 Operating Budget ($) 2020 Levy Funds Required ($) Bloor by the Park 110,985 107,085 Bloor West Village 435,793 412,293 Broadview Danforth 418,415 315,562 Chinatown 656,197 459,162 Church-Wellesley

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Village 405,249 258,391 College West 32,472 22,384 Dupont by the Castle 179,456 137,842 Fairbank Village 386,228 299,786 Financial District 1,884,163 1,611,795 Forest Hill Village 445,552 196,931 Greektown on the Danforth 1,429,501 424,900 Kensington Market 211,127 168,338 Liberty Village 658,300 387,023 Little Italy 630,249 383,787 Mount Pleasant Village 257,980 227,438 Oakwood Village 60,842 29,058 Pape Village 121,703 99,933 Parkdale Village 281,234 250,536 Riverside District 319,104 200,239 Rogers Road 77,495 39,995 Roncesvalles Village 645,049 323,910 Rosedale Main Street 288,553 267,225 shoptheQueensway.com 408,917 159,501 The Beach 383,043 312,847 The Kingsway 540,091 345,740 West Queen West 379,292 353,848 Total 11,646,990 7,795,548

On the agenda

As the city filed it

This report brings forward Business Improvement Area (BIA) annual Operating Budgets for approval by City Council as required by the City of Toronto Act, 2006. City Council approval is required to permit the City to collect funds through a special tax levy on the commercial and industrial properties within the respective BIA boundaries. There are currently 83 established BIAs in the City of Toronto, of which 26 BIA 2020 Operating Budgets are submitted for City Council approval through this report.

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The recommendation in this report reflects the board-adopted 2020 Operating Budgets by the respective BIAs' Boards of Management and General Membership. Complete budgets and supporting documentation have been reviewed by City staff to ensure that the 2020 Operating Budgets for BIAs reflect Council's approved policies and practices.

Staff recommended

The Chief Financial Officer and Treasurer recommends that: 1. The Economic and Community Development Committee adopt and certify to City Council the 2020 recommended Operating Budgets and Levy requirements of the following Business Improvement Areas: Business Improvement Area 2020 Operating Budget ($) 2020 Levy Funds Required ($) Bloor by the Park 110,985 107,085 Bloor West Village 435,793 412,293 Broadview Danforth 418,415

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315,562 Chinatown 656,197 459,162 Church-Wellesley Village 405,249 258,391 College West 32,472 22,384 Dupont by the Castle 179,456 137,842 Fairbank Village 386,228 299,786 Financial District 1,884,163 1,611,795 Forest Hill Village 445,552 196,931 Greektown on the Danforth 1,429,501 424,900 Kensington Market 211,127 168,338 Liberty Village 658,300 387,023 Little Italy 630,249 383,787 Mount Pleasant Village 257,980 227,438 Oakwood Village 60,842 29,058 Pape Village 121,703 99,933 Parkdale Village 281,234 250,536 Riverside District 319,104 200,239 Rogers Road 77,495 39,995 Roncesvalles Village 645,049 323,910 Rosedale Main Street 288,553 267,225 shoptheQueensway.com 408,917 159,501 The Beach 383,043 312,847 The Kingsway 540,091 345,740 West Queen West 379,292 353,848 Total 11,646,990 7,795,548

Considered

2019-12-04 · Economic and Community Development Committee · adopted
Decision as filed
The Economic and Community Development Committee recommends that: 1. City Council adopt and certify the 2020 recommended Operating Budgets and Levy requirements of the following Business Improvement Areas: Business Improvement Area 2020 Operating Budget ($) 2020 Levy Funds Required ($) Bloor by the Park 110,985 107,085 Bloor West Village 435,793 412,293 Broadview Danforth 418,415 315,562 Chinatown 656,197 459,162 Church-Wellesley
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Village 405,249 258,391 College West 32,472 22,384 Dupont by the Castle 179,456 137,842 Fairbank Village 386,228 299,786 Financial District 1,884,163 1,611,795 Forest Hill Village 445,552 196,931 Greektown on the Danforth 1,429,501 424,900 Kensington Market 211,127 168,338 Liberty Village 658,300 387,023 Little Italy 630,249 383,787 Mount Pleasant Village 257,980 227,438 Oakwood Village 60,842 29,058 Pape Village 121,703 99,933 Parkdale Village 281,234 250,536 Riverside District 319,104 200,239 Rogers Road 77,495 39,995 Roncesvalles Village 645,049 323,910 Rosedale Main Street 288,553 267,225 shoptheQueensway.com 408,917 159,501 The Beach 383,043 312,847 The Kingsway 540,091 345,740 West Queen West 379,292 353,848 Total 11,646,990 7,795,548
2019-12-17 · Toronto City Council · adopted

On the record

The item as the City filed it

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