Business Improvement Areas (BIAs) - 2021 Operating Budgets - Report 3

City Council previously approved the 2021 Operating Budgets for 44 BIAs through Reports 1 and 2 at its meetings on December 16-18, 2020 (Item 2020.EC18.11) and February 2, 3 and 5, 2021 (Item 2021.EC19.2) and one BIA, Historic Queen East, is inactive. Included in this Report 3 is the 2021 Operating Budget for 40 BIAs for City Council approval. Recommendation 1 in this report reflects the Board-adopted 2021 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 2021 Operating Budgets for BIAs reflect Council's approved policies and practices. It is noted that the 2021 recommended Operating Budget for the Wychwood Heights BIA is yet to be adopted by the General Membership. The Annual General Membership meeting is scheduled for April 23, 2021. In the event that the General Membership disagrees, City staff will bring forward a final report at the next opportunity to seek City Council approval of the 2021 Operating Budget for this particular BIA. Two common COVID-19 related themes continue to emerge in these budget submissions: a number of BIAs are specifically attempting to reduce financial demands on their memberships and a number of BIAs are exercising caution by postponing festivals and events.

Village 246,231 203,489 Bloordale Village 241,512 147,654 CityPlace and Fort York 486,236 447,236 College Promenade 247,058 234,252 College West 40,712 22,384 Corso Italia 260,881 224,188 Danforth Mosaic 747,772 365,883 Danforth Village 411,221 213,384 Dovercourt Village 9,859 7,200 Eglinton Hill 59,595 25,797 Emery Village 3,724,689 2,541,638 Gerrard India Bazaar 268,306 158,313 Harbord Street 37,848 13,024 Korea Town 174,230 77,163 Little Portugal on Dundas 604,781 163,464 Long Branch 173,994 160,292 MarkeTo District 128,238 106,000 Mimico by the Lake 59,365 54,761 Mimico Village 31,955 16,930 Mirvish Village 75,683 68,650 Mount Dennis 129,783 29,167 Ossington Avenue 121,096 70,886 Queen Street West 883,718 306,733 Regal Heights Village 45,438 0 Rogers Road 84,882 39,996 Rosedale Main Street 244,784 243,784 Sheppard East Village 211,969 191,914 shoptheQueensway.com 211,095 159,501 The Waterfront 2,423,629 1,690,875 Upper Village 133,457 111,592 Uptown Yonge 348,553 251,153 Weston Village 269,527 143,441 Willowdale 1,018,200 1,003,200 Wilson Village 522,500 279,565 York-Eglinton 386,217 117,092 Total 16,254,117 10,826,164 2. City Council adopt and certify the 2021 recommended Operating Budget and Levy requirement for Wychwood Heights Business Improvement Area, subject to approval by the Business Improvement Area's General Membership at its Annual General Meeting scheduled for April 23, 2021: Business Improvement Area 2021 Operating Budget ($) 2021 Levy Funds Required ($) Wychwood Heights 185,044 29,013 Total 185,044 29,013