The filed record
2021 Heads and Beds Levy on Institutions
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
2021-07-14 · Toronto City Council · adopted
As filed
City Council on July 14, 15 and 16, 2021, adopted the following: 1. City Council authorize the levy and collection of amounts for the 2021 taxation year on colleges and universities, public hospitals, and correctional facilities as authorized by Section 285 of the City of Toronto Act, 2006 and City Council direct that the maximum prescribed amount of $75 be applied per provincially rated hospital bed, full time student, or resident place as prescribed by Ontario Regulation 121/07.
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2. City Council forward the Item to the Premier of Ontario and the Ontario Minister of Finance and request the Province to increase the $75.00 levy annually by the rate of inflation. 3. City Council forward the Item to the Association of Municipalities of Ontario and the Federation of Canadian Municipalities.
On the agenda
As the city filed it
This report requests Council authority to adopt a by-law to levy amounts for the 2021 taxation year for colleges and universities, public hospitals, and correctional facilities (the "institutions"), estimated at approximately $19.2 million (annual "Heads and Beds" levy). If the rates had been increased to reflect increases in the Consumer Price Index in each year from 1987 to 2021 (such that the 2021 rate would be $156.33
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for each full time student, provincially rated bed, or resident place), an additional $20.8 million in tax revenue would be received in 2021.
Staff recommended
The Controller recommends that: 1. City Council authorize the levy and collection of amounts for the 2021 taxation year on colleges and universities, public hospitals, and correctional facilities as authorized by Section 285 of the City of Toronto Act, 2006 and City Council direct that the maximum prescribed amount of $75 be applied per provincially rated hospital bed, full time student, or resident place as prescribed by Ontario Regulation 121/07.
Considered
2021-07-06 · Executive Committee · amended
Decision as filed
The Executive Committee recommends that: 1. City Council authorize the levy and collection of amounts for the 2021 taxation year on colleges and universities, public hospitals, and correctional facilities as authorized by Section 285 of the City of Toronto Act, 2006 and City Council direct that the maximum prescribed amount of $75 be applied per provincially rated hospital bed, full time student, or resident place as prescribed by Ontario Regulation 121/07.
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2. City Council forward the Item to the Premier of Ontario and the Ontario Minister of Finance and request the Province to increase the $75.00 levy annually by the rate of inflation. 3. City Council forward the Item to the Association of Municipalities of Ontario and the Federation of Canadian Municipalities.
2021-07-14 · Toronto City Council · adopted
On the record
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