Business Improvement Areas (BIAs) - 2023 Operating Budgets - Report 1

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

2023-02-07 · Toronto City Council · adopted

As filed

City Council on February 7 and 8, 2023, adopted the following: 1. City Council adopt and certify the 2023 recommended Operating Budgets and Levy requirements of the following Business Improvement Areas: Business Improvement Area 2023 Operating Budget ($) 2023 Levy Funds Required ($) Albion Islington Square 256,684 187,414 Baby Point Gates 77,220 59,094 Bayview Leaside 268,266 193,266 Bloor by the Park 108,113 78,606 Bloor

Show the rest of As filed, 1,611 more characters as filed

West Village 682,446 424,164 Bloordale Village 240,990 147,522 Bloor-Yorkville 5,050,992 4,444,605 Broadview Danforth 345,448 307,658 Cabbagetown 573,733 427,189 Chinatown 914,636 544,180 CityPlace and Fort York 603,765 447,299 College Promenade 294,942 234,252 Corso Italia 363,454 251,440 Crossroads of the Danforth 320,299 197,154 Downtown Yonge 3,850,425 2,995,325 Duke Heights 3,660,921 3,135,318 Fairbank Village 470,192 263,975 Financial District 1,900,759 1,305,554 Forest Hill Village 239,710 196,832 Gerrard India Bazaar 353,317 159,954 Greektown on the Danforth 1,467,545 424,899 Hillcrest Village 278,575 237,373 Junction Gardens 565,540 361,285 Kennedy Road 283,171 256,135 Kensington Market 232,249 185,700 Lakeshore Village 241,582 106,579 Lawrence Ingram Keele 238,220 190,004 Liberty Village 544,178 406,207 Little Italy 791,718 383,522 Little Portugal Toronto 780,361 346,995 Midtown Yonge 238,788 180,084 Mirvish Village 108,071 81,814 Mount Pleasant Village 430,096 233,435 Oakwood Village 83,926 37,929 Regal Heights Village 136,890 22,540 Riverside District 424,237 206,258 Roncesvalles Village 396,040 333,628 St. Clair Gardens 151,560 96,160 St. Lawrence Market Neighbourhood 2,052,869 1,492,205 The Beach 452,861 415,412 The Kingsway 616,943 261,943 The Waterfront 3,124,287 2,090,955 Toronto Downtown West 4,739,568 3,940,240 Uptown Yonge 398,619 250,941 Village of Islington 261,758 164,105 West Queen West 382,015 351,167 Weston Village 299,727 149,600 Wexford Heights 462,674 242,331 Wychwood Heights 113,678 28,678 Yonge Lawrence Village 286,008 240,955 Total 41,160,066 29,719,880

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 84 established Business Improvement Areas in the City of Toronto, of which 50 Business Improvement Areas 2023 Operating Budgets are submitted for City Council approval through this report.

Show the rest of As the city filed it, 615 more characters as filed

No City funding is required since the financing of individual Business Improvement Area Operating Budgets is raised by a special levy on the commercial and industrial properties within the respective Business Improvement Area boundaries. The recommendation in this report reflects the board-adopted 2023 Operating Budgets by the respective Business Improvement Areas' Boards of Management and General Membership. Complete budgets and supporting documentation have been reviewed by City staff to ensure that the 2023 Operating Budgets for Business Improvement Areas reflect Council's approved policies and practices.

Staff recommended

The Chief Financial Officer and Treasurer recommends that: 1. City Council adopt and certify the 2023 recommended Operating Budgets and Levy requirements of the following Business Improvement Areas: Business Improvement Area 2023 Operating Budget ($) 2023 Levy Funds Required ($) Albion Islington Square 256,684 187,414 Baby Point Gates 77,220 59,094 Bayview Leaside 268,266 193,266 Bloor by the Park 108,113 78,606 Bloor

Show the rest of Staff recommended, 1,611 more characters as filed

Considered

2023-01-11 · Economic and Community Development Committee · adopted
Decision as filed
The Economic and Community Development Committee recommends that: 1. City Council adopt and certify the 2023 recommended Operating Budgets and Levy requirements of the following Business Improvement Areas: Business Improvement Area 2023 Operating Budget ($) 2023 Levy Funds Required ($) Albion Islington Square 256,684 187,414 Baby Point Gates 77,220 59,094 Bayview Leaside 268,266 193,266 Bloor by the Park 108,113 78,606
Show the rest of Decision as filed, 1,617 more characters as filed
Bloor West Village 682,446 424,164 Bloordale Village 240,990 147,522 Bloor-Yorkville 5,050,992 4,444,605 Broadview Danforth 345,448 307,658 Cabbagetown 573,733 427,189 Chinatown 914,636 544,180 CityPlace and Fort York 603,765 447,299 College Promenade 294,942 234,252 Corso Italia 363,454 251,440 Crossroads of the Danforth 320,299 197,154 Downtown Yonge 3,850,425 2,995,325 Duke Heights 3,660,921 3,135,318 Fairbank Village 470,192 263,975 Financial District 1,900,759 1,305,554 Forest Hill Village 239,710 196,832 Gerrard India Bazaar 353,317 159,954 Greektown on the Danforth 1,467,545 424,899 Hillcrest Village 278,575 237,373 Junction Gardens 565,540 361,285 Kennedy Road 283,171 256,135 Kensington Market 232,249 185,700 Lakeshore Village 241,582 106,579 Lawrence Ingram Keele 238,220 190,004 Liberty Village 544,178 406,207 Little Italy 791,718 383,522 Little Portugal Toronto 780,361 346,995 Midtown Yonge 238,788 180,084 Mirvish Village 108,071 81,814 Mount Pleasant Village 430,096 233,435 Oakwood Village 83,926 37,929 Regal Heights Village 136,890 22,540 Riverside District 424,237 206,258 Roncesvalles Village 396,040 333,628 St. Clair Gardens 151,560 96,160 St. Lawrence Market Neighbourhood 2,052,869 1,492,205 The Beach 452,861 415,412 The Kingsway 616,943 261,943 The Waterfront 3,124,287 2,090,955 Toronto Downtown West 4,739,568 3,940,240 Uptown Yonge 398,619 250,941 Village of Islington 261,758 164,105 West Queen West 382,015 351,167 Weston Village 299,727 149,600 Wexford Heights 462,674 242,331 Wychwood Heights 113,678 28,678 Yonge Lawrence Village 286,008 240,955 Total 41,160,066 29,719,880
2023-02-07 · Toronto City Council · adopted

On the record

The item as the City filed it

More from this meeting

The whole meeting