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Toronto Parking Authority · 2024-03-26 · 2024.PA8.14

The filed record

2024 Corporate Goals

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The decision

2024-03-26 · Toronto Parking Authority · adopted

As filed

The Board of Directors of the Toronto Parking Authority: 1. Approved the 2024 Corporate Goals and performance targets as indicated in the report (March 7, 2024) from the President, Toronto Parking Authority. 2. Directed the President, Toronto Parking Authority, to implement the 2024 Corporate Goals and performance targets for the Short-Term Incentive Plan as indicated in the report (March 7, 2024) from the President, Toronto Parking Authority.

On the agenda

As the city filed it

The purpose of this report is to provide a recommendation for the 2024 Corporate Goals and performance targets to be utilized in the Toronto Parking Authority's 2024 Short-Term Incentive Program (STIP). Toronto Parking Authority continues its journey towards becoming the world's premiere provider of sustainable parking, bike share and last-mile mobility experiences. The organization is focused on creating a performance-based culture that consistently delivers sustainable results for its staff, customers, and city stakeholders.

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This report provides a recommendation for the 2024 Corporate Goals, including specifics of the performance targets to be incorporated into the Short-Term Incentive Program for 2024.

Staff recommended

The President, Toronto Parking Authority recommends that: 1. The Board of Directors of Toronto Parking Authority, approve the 2024 Corporate Goals and performance targets as indicated in this report. 2. The Board of Directors of Toronto Parking Authority, direct the President, Toronto Parking Authority, to implement the 2024 Corporate Goals and performance targets for the Short-Term Incentive Plan as indicated in this report.

    On the record

    The item as the City filed it

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