Business Improvement Areas (BIAs) - 2022 Operating Budgets - Report 1

No City funding is required since the financing of Business Improvement Area Operating Budgets is raised by a special levy on the commercial and industrial properties within the respective BIA boundaries. The recommendation in this report reflects the board-adopted 2022 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 2022 Operating Budgets for BIAs reflect Council's approved policies and practices. Covid-19 impacts, including reduced levels of activity/expenditures, resulted in significantly increased net contributions to accumulated surplus reserves for most BIAs during 2021. Accordingly, most BIAs have been able to budget for withdrawals from the same reserves to minimize or eliminate BIA levy increases for 2022.

Village 270,292 203,489 Bloordale Village 232,644 147,522 Broadview Danforth 345,289 301,110 Cabbagetown 589,454 390,954 Chinatown 840,080 543,985 Church-Wellesley Village 566,415 269,752 College Promenade 305,356 234,253 College West 37,608 22,384 Crossroads of the Danforth 360,798 142,399 Downtown Yonge 3,851,125 2,995,325 DuKe Heights 4,126,840 3,135,317 Dupont by the Castle 147,385 137,841 Fairbank Village 316,473 213,473 Financial District 1,855,506 1,305,554 Forest Hill Village 335,148 196,932 Gerrard India Bazaar 211,333 157,956 GreekTown on the Danforth 1,487,331 424,900 Hillcrest Village 239,168 207,778 Junction Gardens 517,363 344,080 Kensington Market 227,226 204,967 Lakeshore Village 108,448 99,822 Lawrence Ingram Keele 250,445 189,988 Leslieville 276,940 167,500 Liberty Village 508,739 394,762 Little Italy 631,392 383,518 Little Portugal on Dundas 679,684 245,196 Midtown Yonge 223,244 164,463 Mount Pleasant Village 309,033 220,447 Oakwood Village 72,721 37,929 Ossington Avenue 142,317 70,886 Pape Village 122,530 96,041 Parkdale Village 268,644 232,907 Riverside District 309,217 200,239 Roncesvalles Village 718,868 323,910 Rosedale Main Street 277,168 239,022 ShopTheQueensway.com 222,491 159,501 St. Clair Gardens 110,301 88,286 St. Lawrence Market Neighbourhood 1,728,245 1,351,043 The Eglinton Way 415,526 290,037 The Kingsway 376,834 241,272 The Waterfront 2,490,027 1,890,913 Toronto Downtown West 3,411,157 3,085,760 Village of Islington 258,805 150,230 West Queen West 378,856 344,116 Weston Village 315,517 144,038 Wexford Heights 625,050 242,331 Yonge + St. Clair 739,047 578,824 Yonge Lawrence Village 259,780 209,968 Total 34,369,210 24,293,900