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Economic and Community Development Committee · 2019-04-03 · 2019.EC3.11

The filed record

Business Improvement Areas (BIAs) - 2019 Operating Budgets - Report No. 3

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The decision

2019-04-16 · Toronto City Council · adopted

As filed

City Council on April 16 and 17, 2019, adopted the following: 1. City Council adopt and certify the 2019 recommended expenditures and levy requirements of the following Business Improvement Areas: Business Improvement Area 2019 Expenditure Estimates ($) 2019 Levy Funds Required ($) CityPlace and Fort York BIA 296,820 257,820 Korea Town BIA 175,822 77,164 Little Portugal on Dundas BIA 543,810 317,254 Long Branch BIA 155,866 107,664 Queen Street West BIA 507,303 306,732 Upper Village BIA 194,601 102,549

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 the tax levy on behalf of the BIAs. Of the 82 established BIAs, 6 BIA budgets are submitted for approval in this report, 47 BIA budgets are in the second report (EC2.8) to be considered by City Council at its March 27, 2019 meeting, 28 BIA budgets were approved by Council on January 30, 2019, and 1 BIA, Historic Queen East, is inactive.

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The recommendations in this report reflect 2019 Operating Budgets approved by the respective BIAs' Boards of Management and General Membership, and have been reviewed by City staff to ensure the BIA budgets 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 2019 recommended expenditures and levy requirements of the following Business Improvement Areas: Business Improvement Area 2019 Expenditure Estimates ($) 2019 Levy Funds Required ($) CityPlace and Fort York BIA 296,820 257,820 Korea Town BIA 175,822 77,164 Little Portugal

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on Dundas BIA 543,810 317,254 Long Branch BIA 155,866 107,664 Queen Street West BIA 507,303 306,732 Upper Village BIA 194,601 102,549

Considered

  • 2019-04-03 · Economic and Community Development Committee · adopted

    Decision as filed

    The Economic and Community Development Committee recommends that: 1. City Council adopt and certify the 2019 recommended expenditures and levy requirements of the following Business Improvement Areas: Business Improvement Area 2019 Expenditure Estimates ($) 2019 Levy Funds Required ($) CityPlace and Fort York BIA 296,820 257,820 Korea Town BIA 175,822 77,164 Little Portugal on Dundas BIA 543,810 317,254 Long Branch BIA 155,866 107,664 Queen Street West BIA 507,303 306,732 Upper Village BIA 194,601 102,549

  • 2019-04-16 · Toronto City Council · adopted

On the record

The item as the City filed it

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