Budget Committee
The full agenda, as filed
All 6 items in the clerk’s order. Each carries the city’s own words: the staff recommendation, what the body decided, and its status. Nothing below is written by us.
BU17.1adopted
Toronto Water 2020 Capital Budget and 2021-2029 Capital Plan Adjustments
This report requests City Council's authority to amend Toronto Water's Approved 2020 Capital Budget and 2021-2029 Capital Plan by adjusting project cash flows contained within the Budget and Plan, respectively, to align forecasted project accelerations and deferrals. Additional reallocations to project cashflows and project costs are requested where additional project costs exceed the current approved cashflow. These reallocations will allow Toronto Water to continue to deliver projects within its capital plan. The adjustments will have a zero dollar impact on the 2020 Capital Budget and 2021-2029 Capital Plan and will align the budget and plan with Toronto Water's capital project delivery schedule and program requirements.
The Budget Committee recommends that: 1. City Council authorize the reallocation of cashflows within the Toronto Water approved 2020 Capital Budget and 2021-2029 Capital Plan in the amount of $52.234 million, for acceleration and deferral of projects, as presented in Schedule A (Part A and B) to the report (September 24, 2020) from the General Manager, Toronto Water, with a zero Budget impact. 2. City Council authorize the reallocation of project costs and cashflows in the Toronto Water approved 2020 Capital Budget and 2021-2029 Capital Plan in the amount of $6.169 million from projects that have been awarded under budget or completed to those requiring additional funding in the same amount as presented in Schedule A (Part C) to the report (September 24, 2020) from the General Manager, Toronto Water, with a zero Budget impact.
Staff recommendation as filed
The General Manager, Toronto Water recommends that: 1. City Council authorize the reallocation of cashflows within the Toronto Water approved 2020 Capital Budget and 2021-2029 Capital Plan in the amount of $52.234 million, for acceleration and deferral of projects, as presented in Schedule A (Part A and B) to the report, with a zero Budget impact. 2. City Council authorize the reallocation of project costs and cashflows in the Toronto Water approved 2020 Capital Budget and 2021-2029 Capital Plan in the amount of $6.169 million from projects that have been awarded under budget or completed to those requiring additional funding in the same amount as presented in Schedule A (Part C), with a zero Budget impact.
BU17.2adopted
Transportation Services 2020 Capital Budget and 2020-2029 Adjustments
This report requests City Council authority to amend the Transportation Services Approved 2020 Capital Budget and 2021-2029 Capital Plan by reallocating cash flows within the ten year Capital Plan. These reallocations will have a zero budget impact to the Transportation Services Approved 2020-2029 Capital Budget and Plan and will align program requirements and project delivery schedules resulting in improved spending rates.
The Budget Committee recommends that: 1. City Council amend the Transportation Services Approved 2020-2029 Capital Budget and Plan to reallocate cash flows in the amount of $107.765 million gross to 2020 from 2021 and beyond, with a zero overall impact to the approved ten year budget and plan, as described in Attachment 1 to the report (September 28, 2020) from the General Manager, Transportation Services.
Staff recommendation as filed
The General Manager, Transportation Services recommends that: 1. City Council amend the Transportation Services Approved 2020-2029 Capital Budget and Plan to reallocate cash flows in the amount of $107.765 million gross to 2020 from 2021 and beyond, with a zero overall impact to the approved ten year budget and plan, as described in Attachment 1 of the report.
BU17.3adopted
Arena Boards of Management 2018 Operating Surpluses / Deficits Settlement
This report recommends settlements with the eight Arena Boards of Management (Arenas) of their 2018 cash-based operating surpluses and deficits for the year ended December 31, 2018, with operating surpluses payable to the City and operating deficits funded by the City upon Council's approval. City Staff report annually on the Arena Boards operating surpluses and deficits once their respective Boards financial statements have been audited and approved by City Council. While normally the prior year end settlement reports for both Association of Community Centres and Arena Boards are submitted together to Council in the following year, the 2018 Settlement reports were delayed due to delays in completing the 2018 audits, and further delayed by the impact of COVID-19 on the City's priorities.
The Budget Committee recommends that: 1. City Council direct that the 2018 operating surpluses totaling $86,659 from three Arenas (Forest Hill Memorial, North Toronto Memorial and Ted Reeve) be paid to the City of Toronto and be used, in part, to fund the cumulative operating deficit of $183,074 for four Arenas (George Bell, William H. Bolton, McCormick Playground, and Moss Park), resulting in a net operating deficit of $96,415 to be funded by the City, as described in Appendix A, column (g), to the report (September 24, 2020) from the Chief Financial Officer and Treasurer. 2. City Council direct that the excess of $100,143 between the funding provision in the 2018 Final Year-End Operating Budget Variance report of $196,558 and the $96,415 required to settle the actual 2018 deficits be applied to the 2019 Final Year-End Operating Budget variance for the Arena Boards, as shown in the attached Appendix A - 2018 Program Summary, as attached to the report (September 24, 2020) from the Chief Financial Officer and Treasurer.
Staff recommendation as filed
The Chief Financial Officer and Treasurer recommends that: 1. City Council direct that the 2018 operating surpluses totaling $86,659 from three Arenas (Forest Hill Memorial, North Toronto Memorial and Ted Reeve) be paid to the City of Toronto and be used, in part, to fund the cumulative operating deficit of $183,074 for four Arenas (George Bell, William H. Bolton, McCormick Playground, and Moss Park), resulting in a net operating deficit of $96,415 to be funded by the City, as described in Appendix A, column (g), of the report. 2. City Council direct that the excess of $100,143 between the funding provision in the 2018 Final Year-End Operating Budget Variance report of $196,558 and the $96,415 required to settle the actual 2018 deficits be applied to the 2019 Final Year-End Operating Budget variance for the Arena Boards, as shown in the attached Appendix A - 2018 Program Summary.
BU17.4adopted
Association of Community Centres Settlement of Operating Results for Year Ended 2018
This report recommends settlement with the 10 Community Centres (Association of Community Centres or AOCCs) on their Core Administration Operations for 2018 based on audited financial results. While normally the prior year end settlement reports for both Association of Community Centres and Arena Boards are submitted together to Council in the following year, the 2018 Settlement reports were delayed due to delays in completing the 2018 audits, and further delayed by the impact of COVID-19 on the City's priorities.
The Budget Committee recommends that: 1. City Council direct that the 2018 operating surpluses totalling $87,469 from four Community Centres (Cecil Street Community Centre, Central Eglinton Community Centre, Eastview Neighbourhood Community Centre, and Swansea Town Hall Community Centre) be paid to the City of Toronto and be used to fund the cumulative operating deficit of $35,946 for five Community Centres (Applegrove Community Complex, Community Centre 55, Ralph Thornton Community Centre, Scadding Court Community Centre, and Waterfront Community Centre), resulting in a net operating surplus of $51,523 to be received by the City, as illustrated in Table II of the report (September 24, 2020) from the Chief Financial Officer and Treasurer.
Staff recommendation as filed
The Chief Financial Officer and Treasurer recommends that: 1. City Council direct that the 2018 operating surpluses totalling $87,469 from four Community Centres (Cecil Street Community Centre, Central Eglinton Community Centre, Eastview Neighbourhood Community Centre, and Swansea Town Hall Community Centre) be paid to the City of Toronto and be used to fund the cumulative operating deficit of $35,946 for five Community Centres (Applegrove Community Complex, Community Centre 55, Ralph Thornton Community Centre, Scadding Court Community Centre, and Waterfront Community Centre), resulting in a net operating surplus of $51,523 to be received by the City, as illustrated in Table II of the report.
BU17.5amended
Voluntary Separation Program - Toronto Public Library
At its meeting on August 21, 2020, Toronto Public Library Board unanimously adopted the report (August 21, 2020) from the City Librarian on the Toronto Public Library - Voluntary Separation Program. The report is submitted, as requested by City Council, for consideration at the October 8, 2020 Budget Committee meeting and by Executive Committee on October 21, 2020. At the August 21, 2020 Toronto Public Library Board Special meeting, the following motion was unanimously adopted by the Board: That the Toronto Public Library Board: 1. Approve the implementation of a Voluntary Separation Program, which has the same terms and conditions as the City of Toronto Voluntary Separation Program, and will be extended to staff who are eligible for retirement with an unreduced pension to provide for: a. a lump-sum payment of one-month's salary per completed year of service to a maximum of three months; b. payment for ancillary vacation and sick leave; and c. a proposed departure date of no later than December 31, 2020. 2. If the Toronto Public Board approves the Voluntary Separation Program then this be reported to the City's Executive Committee through the Budget Committee.
The Budget Committee recommends that: 1. The Executive Committee receive the item for information.
BU17.6adopted
Deer Park Library - Potential Turnover Agreement
At its meeting on June 22, 2020, Toronto Public Library Board considered the report (June 22, 2020) from the City Librarian on the Deer Park Library - Potential Turnover Agreement. The Board adopted the following motion: That the Toronto Public Library Board: 1. Approves the City Librarian to enter into negotiations with CreateTO and the Developer regarding a Turnover Agreement for 40 St. Clair Avenue East, subject to the following: a. a suitable replacement facility, in accordance with the Service Delivery Model and Branch Development Strategy, capable of delivering modern and improved library service as described in this report; b. Satisfactory resolution to the financial and operational issues that could arise from a redevelopment/relocation including: i. the potential loss of annual tenant net rental revenue; ii. the cost for relocating 17 staff to another Toronto Public Library property; and iii. a satisfactory facility occupancy agreement for the new library. c. On-going consultation and communication with the community, local Councillor, and other stakeholders regarding the potential redevelopment/relocation of the Deer Park library; d. Board approval for any negotiated Turnover Agreement. 2. Forwards this report to CreateTO and the City of Toronto requesting that excess funds from the development be directed towards addressing the Toronto Public Library state of good repair backlog subject to the cost of delivering other city building opportunities as may be identified through the public consultation process and discussions with the local Councillor. 3. Requests that the City recognize contribution to city building through maximizing the value of real estate holdings, when approving budget funding to address the Toronto Public Library serious and growing state of good repair backlog.
The Budget Committee recommends that: 1. City Council direct that excess funds from the development be directed towards addressing the Toronto Public Library state of good repair backlog, subject to the cost of delivering other city building opportunities as may be identified through the public consultation process and discussions with the local Councillor. 2. City Council recognize Toronto Public Library's contribution to City building through maximizing the value of real estate holdings, when approving budget funding to address Toronto Public Library's serious and growing state of good repair backlog.
Staff recommendation as filed
The Toronto Public Library Board recommends that: 1. Excess funds from the development be directed towards addressing the Toronto Public Library state of good repair backlog, subject to the cost of delivering other city building opportunities as may be identified through the public consultation process and discussions with the local Councillor. 2. The City recognize Toronto Public Library's contribution to city building through maximizing the value of real estate holdings, when approving budget funding to address Toronto Public Library's serious and growing state of good repair backlog.