Budget Committee

The full agenda, as filed

All 7 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.

• BU35.1amended

  Election of the Vice Chair - Budget Committee

  Election of the Vice Chair of the Budget Committee under Municipal Code Chapter 27, Council Procedures, Appendix A-2, for a term of office starting on November 19, 2021, and ending November 14, 2022.

  The Budget Committee: 1. Elected Councillor Jennifer McKelvie as Vice Chair of the Budget Committee for a term of office starting on November 19, 2021, and ending November 14, 2022.

• BU35.2amended

  2022 Rate Supported Budgets - 2022 Water and Wastewater Consumption Rates and Service Fees

  This report presents the recommended 2022 water and wastewater consumption rates and service fees arising from the concurrent adoption by City Council of the 2022 Toronto Water Operating and Capital Budgets. In accordance with the City Council 10 year capital plan approved in 2015, this report recommends a 3% water and wastewater consumption rate increase, effective January 1, 2022, and inflationary fee increases for certain existing water and wastewater service fees, reflecting cost recovery for these services. The recommended 2022 water and wastewater consumption rates and service fees will allow the Toronto Water Program to remain fully self-funded and financially stable, with both operating and capital needs being met without excessive year-over-year fluctuations in pricing over the long term.

  The Budget Committee recommends that: Rates and Fees 1. City Council adopt: a. effective January 1, 2022, a 3 percent rate increase to the combined water and wastewater consumption rates (paid on or before the due date) charged to metered consumers as shown in the table below and in Appendix B to the report (October 21, 2021) from the Chief Financial Officer and Treasurer and the General Manager, Toronto Water: Annual Consumption Paid on or before the due date, $/m3 Paid after the due date, $/m3 Block 1 - All consumers of water, including the first 5,000 cubic metres per year consumed by Industrial users ("Block 1 rate") 4.2586 4.4827 Block 2 - Industrial process - use water consumption over 5,000 cubic metres per year, representing a 30% reduction from the Block 1 Rate ("Block 2 rate') 2.9809 3.1377 b. effective January 1, 2022, an increase of 3 percent to the water and wastewater consumption rates (paid on or before the due date) charged to flat rate consumers, as set out in Appendix B to the report (October 21, 2021) from the Chief Financial Officer and Treasurer and the General Manager, Toronto Water; c. effective January 1, 2022 the water and wastewater service fees, as set out in Appendix C to the report (October 21, 2021) from the Chief Financial Officer and Treasurer and the General Manager, Toronto Water. 2. City Council adopt, with respect to assistance for low-income seniors and low-income disabled persons: a. effective January 1, 2022, the water rebate for eligible low-income seniors and low-income disabled persons be set at a rate of $1.2776 per cubic metre, representing a 30 percent reduction from the Block 1 rate above (paid on or before the due date). 3. City Council authorize the necessary amendments to Municipal Code Chapter 441 - Fees and Charges, Municipal Code, Chapter 849 - Water and Sewage Services and Utility Bill, and any other necessary Municipal Code Chapters as may be required, to give effect to City Council's decision. 4. City Council authorize the City Solicitor to introduce any necessary Bills required to give effect to Council's decision and authorize the City Solicitor to make any necessary clarifications, refinements, including stylistic, format and organization, minor modifications, technical amendments or by-law amendments as may be identified by the City Solicitor, the Chief Financial Officer and Treasurer and the General Manager, Toronto Water. Operating and Capital Budgets 5. City Council approve the 2022 Operating Budget for Toronto Water of $471.228 million gross, $1,447.021 million revenue and $975.793 million net for the following services: Gross Expenditures ($000s) Revenue ($000s) Capital from Current Contribution ($000s) Water Treatment & Supply 196,749.6 632,947.6 436,198.0 Wastewater Collection & Treatment 230,918.1 803,249.1 572,331.0 Stormwater Management 43,560.4 10,824.2 -32,736.2 Total Program Budget 471,228.1 1,447,020.9 975,792.8 6. City Council approve the 2022 staff complement for Toronto Water of 1,883.3 positions comprised of 130 capital position and 1,753.3 operating positions. 7. City Council approve 2022 Capital Budget for Toronto Water with cash flows and future year commitments totaling $8,001.172 million as detailed by project in Appendix 6a to the 2022 Staff Recommended Capital and Operating Budget Notes - Toronto Water. 8. City Council approve the 2023-2031 Capital Plan for Toronto Water totalling $7,081.173 million in project estimates as detailed by project in Appendix 6b to the 2022 Staff Recommended Capital and Operating Budget Notes - Toronto Water. 9. City Council request that all sub-projects with third party financing be approved conditionally, subject to the receipt of such financing in 2022 and if such funding is not forthcoming, their priority and funding be reassessed by City Council relative to other City-financed priorities and needs. Service Levels 10. City Council approve the 2022 service levels for Toronto Water as outlined in Appendix 1 to the report (November 3, 2021) from the General Manager, Toronto Water titled "Recommended 2022 Service Levels - Toronto Water".

  Staff recommendation as filed

  Rates and Fees The Chief Financial Officer and Treasurer and the General Manager, Toronto Water recommend that: 1. City Council adopt: a. effective January 1, 2022, a 3 percent rate increase to the combined water and wastewater consumption rates (paid on or before the due date) charged to metered consumers as shown in the table below and in Appendix B to the report (October 21, 2021) from the Chief Financial Officer and Treasurer and the General Manager, Toronto Water: Annual Consumption Paid on or before the due date, $/m3 Paid after the due date, $/m3 Block 1 - All consumers of water, including the first 5,000 cubic metres per year consumed by Industrial users ("Block 1 rate") 4.2586 4.4827 Block 2 - Industrial process - use water consumption over 5,000 cubic metres per year, representing a 30% reduction from the Block 1 Rate ("Block 2 rate') 2.9809 3.1377 b. effective January 1, 2022, an increase of 3 percent to the water and wastewater consumption rates (paid on or before the due date) charged to flat rate consumers, as set out in Appendix B to the report (October 21, 2021) from the Chief Financial Officer and Treasurer and the General Manager, Toronto Water; c. effective January 1, 2022 the water and wastewater service fees, as set out in Appendix C to the report (October 21, 2021) from the Chief Financial Officer and Treasurer and the General Manager, Toronto Water. 2. City Council adopt, with respect to assistance for low-income seniors and low-income disabled persons: a. effective January 1, 2022, the water rebate for eligible low-income seniors and low-income disabled persons be set at a rate of $1.2776 per cubic metre, representing a 30 percent reduction from the Block 1 rate above (paid on or before the due date). 3. City Council authorize the necessary amendments to Municipal Code Chapter 441 - Fees and Charges, Municipal Code, Chapter 849 - Water and Sewage Services and Utility Bill, and any other necessary Municipal Code Chapters as may be required, to give effect to City Council's decision. 4. City Council authorize the City Solicitor to introduce any necessary Bills required to give effect to Council's decision and authorize the City Solicitor to make any necessary clarifications, refinements, including stylistic, format and organization, minor modifications, technical amendments or by-law amendments as may be identified by the City Solicitor, the Chief Financial Officer and Treasurer and the General Manager, Toronto Water. Operating and Capital Budgets The City Manager and the Chief Financial Officer and Treasurer recommend that: 5. City Council approve the 2022 Operating Budget for Toronto Water of $471.228 million gross, $1,447.021 million revenue and $975.793 million net for the following services: Gross Expenditures ($000s) Revenue ($000s) Capital from Current Contribution ($000s) Water Treatment & Supply 196,749.6 632,947.6 436,198.0 Wastewater Collection & Treatment 230,918.1 803,249.1 572,331.0 Stormwater Management 43,560.4 10,824.2 -32,736.2 Total Program Budget 471,228.1 1,447,020.9 975,792.8 6. City Council approve the 2022 staff complement for Toronto Water of 1,883.3 positions comprised of 130 capital position and 1,753.3 operating positions. 7. City Council approve 2022 Capital Budget for Toronto Water with cash flows and future year commitments totaling $8,001.172 million as detailed by project in Appendix 6a to the 2022 Staff Recommended Capital and Operating Budget Notes - Toronto Water. 8. City Council approve the 2023-2031 Capital Plan for Toronto Water totalling $7,081.173 million in project estimates as detailed by project in Appendix 6b to the 2022 Staff Recommended Capital and Operating Budget Notes - Toronto Water. 9. City Council request that all sub-projects with third party financing be approved conditionally, subject to the receipt of such financing in 2022 and if such funding is not forthcoming, their priority and funding be reassessed by City Council relative to other City-financed priorities and needs. Service Levels The General Manager, Toronto Water recommends that: 10. City Council approve the 2022 service levels for Toronto Water as outlined in Appendix 1 to the report (November 3, 2021) from the General Manager, Toronto Water titled "Recommended 2022 Service Levels - Toronto Water".

• BU35.3amended

  2022 Rate Supported Budgets - Solid Waste Management Services and Recommended 2022 Solid Waste Rates and Fees

  This report outlines the recommended 2022 Solid Waste Management Services Rates and Fees arising from the adoption of the 2022 Solid Waste Management Services Operating and Capital Budgets. The recommended rate increase is consistent however fee increases will vary based on customer group and are highlighted in Table 1. Table 1 highlights the recommended key Solid Waste Management Services Rates and Fees effective January 1, 2022. Table 1 - 2022 Recommended Rates and Fees Increases (Effective January 1, 2022) Customer Group % Rate Increase Comments Multi-Residential 3.00% Maintain service levels and fund Capital Program Single Family and Residential Units Above Commercial (RUAC) 3.00% Maintain service levels and fund Capital Program Bag Tags, Bin Purchase 3.00% Maintain service levels and fund Capital Program Commercial, Divisions, Agencies and Corporations, Schools 3.00% Maintain service levels and fund Capital Program Blended Rate 3.00% The recommended three (3) per cent increase in Solid Waste Management Services Rates will provide and maintain Council Approved service levels unchanged from the prior year and fund the 2022 Capital Budget and 10-Year Capital Plan. The $15.546 million increase in 2022 operating expenditures over prior year is attributable to the increase in organic collection and processing costs due to volume and contractual inflation adjustments, increase in the Fleet Reserve contribution as per the vehicle replacement plan, reinstatement of advertising and promotion budgets that were previously reduced due to the prior year's provincial pandemic shutdown, start-up of the Dufferin Renewable Natural Gas Facility and increase in debt principal and interest payments to fund the 10-Year Capital Budget and Plan. The three (3) per cent utility rate increase for 2022 is recommended to maintain the contribution to Waste Management Reserve fund in line with last year's forecast to finance future capital investments, which include the construction of the third Anaerobic Digester, Landfill Gas Development or Energy from Waste initiatives and Dufferin Waste Facility Site Improvement. The 2022 Operating Budget expenditure is $390.966 million, representing an increase of $11.651 million or 3.1 percent increase over the prior year approved budget including a $13.157 million contribution to the Waste Management Reserve Fund, all of which are offset by total revenues of $390.966 million. The 2022 Capital Budget is $69.729 million including carry-forwards, which is comprised of $63.668 million in new 2022 funding and $6.061 million in funding carried forward from 2021 into 2022. The 2022 Capital Budget and Plan remains generally unchanged from last year focusing on the following key capital objectives and priorities for Solid Waste Management Services: - To safely and efficiently collect materials from 875,000 homes, business and public spaces by implementing Council's direction on health and safety by installing telematics solutions on vehicles in support of Vision Zero 2.0; - To manage 900,000 plus tonnes of material in an environmentally and fiscally sustainable manner which includes constructing a 3rd Anaerobic Digester to help address organics processing capacity constraints; - To continue investigating long-term disposal options including landfill capacity development and energy from waste and strategically using alternate landfill sites; - To continue to develop and invest in renewable energy such as Renewable Natural Gas facilities.

  The Budget Committee recommends that: Rates and Fees 1. City Council adopt, effective January 1, 2022, the Solid Waste Management Services Rates and Fees as set out in Appendix A to the report (November 1, 2021) from the Chief Financial Officer and Treasurer and General Manager, Solid Waste Management Services. 2. City Council authorize that the necessary amendments be made to the Municipal Code Chapter 441 (Fees and Charges) and any other necessary Municipal Code Chapters as may be required to give effect to these Recommendations. 3. City Council authorize the City Solicitor to introduce any necessary Bills required to give effect to Council's decision and authorize the City Solicitor to make any necessary refinements, including stylistic, format and organization, as may be identified by the City Solicitor, the Chief Financial Officer and Treasurer, and General Manager Solid Waste Management Services. 4. City Council direct that all the rates, fees and charges set out in Appendix A to the report (November 1, 2021) from the Chief Financial Officer and Treasurer and the General Manager, Solid Waste Management Services, adopted by Council in Recommendation 1 and 2 above, continue in full force and effect until such time as they are amended or repealed by City Council. 5. City Council authorize the General Manager, Solid Waste Management Services to negotiate and enter into amending agreements with the City's existing contractors providing the sale and distribution of garbage bag tags to extend the contracts for a term ending December 31, 2023, with one optional year to extend and with the provision that the City, in its sole discretion, may end the contract term earlier than the specified end date, and on any other terms satisfactory to the General Manager, Solid Waste Management Services, and each in a form satisfactory to the City Solicitor. 6. City Council extend the existing authority for the General Manager, Solid Waste Management Services or designate, from December 31, 2021 until December 31, 2026, to negotiate and enter into any agreements or related documents necessary to facilitate renewable energy projects from biogas/landfill gas, for the City, including without limitation non-competitive procurement agreements under Municipal Code Chapter 195 (Purchasing), agreements to receive funding, and related amending agreements, on such terms that are acceptable to the General Manager, Solid Waste Management Services, and in a form satisfactory to the City Solicitor. 7. City Council extend the existing authority for the General Manager, Solid Waste Management Services or designate, from December 31, 2021 until December 31, 2026, to negotiate and enter into any agreements or related documents necessary to produce, manage, market, distribute, use and sell renewable energy projects, from biogas/landfill gas, resulting from the implementation of Recommendation 6 above and/or the associated environmental attributes, including without limitation non-competitive procurement agreements under Municipal Code Chapter 195 (Purchasing), agreements to receive funding, and related amending agreements, on such terms that are acceptable to the General Manager, Solid Waste Management Services, and in a form satisfactory to the City Solicitor. 8. City Council extend the existing authority for the General Manager, Solid Waste Management Services to continue to administer the First Nations Engagement Grant Fund for the Green Lane Landfill Renewable Energy Study Project funded through the capital program for qualifying local First Nations to retain, on a verified basis, technical services such as energy, environmental and/or similar consultants to assist with the engagement process over the term of the Study, and to negotiate and enter into any necessary agreements for this grant fund on terms and conditions acceptable to the General Manager, Solid Waste Management Services and in a form satisfactory to the City Solicitor. 9. City Council authorize the Deputy City Manager, Corporate Services, or designate, to negotiate and enter in to any lease agreement, license agreement, easements or similar instruments necessary to implement Recommendations 6 and 7 above where Municipal Code Chapter 213 (Real Property) does not otherwise apply, on terms acceptable to the Deputy City Manager, Corporate Services and the General Manager, Solid Waste Management Services, and in a form satisfactory to the City Solicitor. Operating and Capital Budgets 10. City Council approve the 2022 Operating Budget for Solid Waste Management Services of $377.809 million gross, $390.966 million revenue and $13.157 million net for the following services: Service: Gross Expenditures ($000s) Revenue ($000s) Capital from Current Contribution ($000s) City Beautification 39,263.0 6,920.0 -32,343.0 Solid Waste Collection & Transfer 134,229.2 342,151.2 207,922.0 Solid Waste Processing & Transport 156,432.7 31,192.0 -125,240.7 Residual Management 40,821.7 10,702.4 -30,119.3 Solid Waste Education & Enforcement 7,061.9 0.3 -7,061.6 Total Program Budget 377,808.5 390.966.0 13,157.5 11. City Council approve the 2022 staff complement for Solid Waste Management Services of 1,139.3 positions comprised of 50.6 capital position and 1,088.7 operating positions. 12. City Council approve the 2022 new user fees, market rate user fee changes, and other fee changes above the inflationary adjusted rate for Solid Waste Management Services identified in Appendix 9 to the 2022 Staff Recommended Capital and Operating Budget Notes - Solid Waste Management Services, for inclusion in the Municipal Code Chapter 441 (Fees and Charges). 13. City Council approve 2022 Capital Budget for Solid Waste Management Services with cash flows and future year commitments totaling $625.585 million as detailed by project in Appendix 6a to the 2022 Staff Recommended Capital and Operating Budget Notes - Solid Waste Management Services. 14. City Council approve the 2023-2031 Capital Plan for Solid Waste Management Services totalling $223.535 million in project estimates as detailed by project in Appendix 6b to the 2022 Staff Recommended Capital and Operating Budget Notes - Solid Waste Management Services. Service Levels 15. City Council approve the 2022 service levels for Solid Waste Management Services as outlined in Appendix 1 to the report (October 20, 2021) from the General Manager, Solid Waste Management Services.

  Staff recommendation as filed

  Rates and Fees The Chief Financial Officer and Treasurer and the General Manager, Solid Waste Management Services recommend that: 1. City Council adopt effective January 1, 2022, the Solid Waste Management Services Rates and Fees as set out in Appendix A to the report (November 1, 2021) from the Chief Financial Officer and Treasurer and General Manager, Solid Waste Management Services. 2. City Council authorize that the necessary amendments be made to the Municipal Code Chapter 441 (Fees and Charges) and any other necessary Municipal Code Chapters as may be required to give effect to these Recommendations. 3. City Council authorize the City Solicitor to introduce any necessary Bills required to give effect to Council's decision and authorize the City Solicitor to make any necessary refinements, including stylistic, format and organization, as may be identified by the City Solicitor, the Chief Financial Officer and Treasurer, and General Manager Solid Waste Management Services. 4. City Council direct that all the rates, fees and charges set out in Appendix A to the report (November 1, 2021) from the Chief Financial Officer and Treasurer and the General Manager, Solid Waste Management Services, adopted by Council in Recommendation 1 and 2 above, continue in full force and effect until such time as they are amended or repealed by City Council. 5. City Council authorize the General Manager, Solid Waste Management Services to negotiate and enter into amending agreements with the City's existing contractors providing the sale and distribution of garbage bag tags to extend the contracts for a term ending December 31, 2023, with one optional year to extend and with the provision that the City, in its sole discretion, may end the contract term earlier than the specified end date, and on any other terms satisfactory to the General Manager, Solid Waste Management Services, and each in a form satisfactory to the City Solicitor. 6. City Council extend the existing authority for the General Manager, Solid Waste Management Services or designate, from December 31, 2021 until December 31, 2026, to negotiate and enter into any agreements or related documents necessary to facilitate renewable energy projects from biogas / landfill gas, for the City, including without limitation non-competitive procurement agreements under Municipal Code Chapter 195 (Purchasing), agreements to receive funding, and related amending agreements, on such terms that are acceptable to the General Manager, Solid Waste Management Services, and in a form satisfactory to the City Solicitor. 7. City Council extend the existing authority for the General Manager, Solid Waste Management Services or designate, from December 31, 2021 until December 31, 2026, to negotiate and enter into any agreements or related documents necessary to produce, manage, market, distribute, use and sell renewable energy projects, from biogas / landfill gas, resulting from the implementation of Recommendation 6 above and / or the associated environmental attributes, including without limitation non-competitive procurement agreements under Municipal Code Chapter 195 (Purchasing), agreements to receive funding, and related amending agreements, on such terms that are acceptable to the General Manager, Solid Waste Management Services, and in a form satisfactory to the City Solicitor. 8. City Council authorize the Deputy City Manager, Corporate Services, or designate, to negotiate and enter in to any lease agreement, license agreement, easements or similar instruments necessary to implement Recommendations 6 and 7 above where Municipal Code Chapter 213 (Real Property) does not otherwise apply, on terms acceptable to the Deputy City Manager, Corporate Services and the General Manager, Solid Waste Management Services, and in a form satisfactory to the City Solicitor. Operating and Capital Budgets The City Manager and the Chief Financial Officer and Treasurer recommend that: 9. City Council approve the 2022 Operating Budget for Solid Waste Management Services of $377.809 million gross, $390.966 million revenue and $13.157 million net for the following services: Service: Gross Expenditures ($000s) Revenue ($000s) Capital from Current Contribution ($000s) City Beautification 39,263.0 6,920.0 -32,343.0 Solid Waste Collection & Transfer 134,229.2 342,151.2 207,922.0 Solid Waste Processing & Transport 156,432.7 31,192.0 -125,240.7 Residual Management 40,821.7 10,702.4 -30,119.3 Solid Waste Education & Enforcement 7,061.9 0.3 -7,061.6 Total Program Budget 377,808.5 390.966.0 13,157.5 10. City Council approve the 2022 staff complement for Solid Waste Management Services of 1,139.3 positions comprised of 50.6 capital position and 1,088.7 operating positions. 11. City Council approve the 2022 new user fees, market rate user fee changes, and other fee changes above the inflationary adjusted rate for Solid Waste Management Services identified in Appendix 9 to the 2022 Staff Recommended Capital and Operating Budget Notes - Solid Waste Management Services, for inclusion in the Municipal Code Chapter 441 (Fees and Charges). 12. City Council approve 2022 Capital Budget for Solid Waste Management Services with cash flows and future year commitments totaling $625.585 million as detailed by project in Appendix 6a to the 2022 Staff Recommended Capital and Operating Budget Notes - Solid Waste Management Services. 13. City Council approve the 2023-2031 Capital Plan for Solid Waste Management Services totalling $223.535 million in project estimates as detailed by project in Appendix 6b to the 2022 Staff Recommended Capital and Operating Budget Notes - Solid Waste Management Services. Service Levels 14. City Council approve the 2022 service levels for Solid Waste Management Services as outlined in Appendix 1 to the report (October 20, 2021) from the General Manager, Solid Waste Management Services.

• BU35.4adopted

  2022 Rate Supported Budgets - Toronto Parking Authority

  This report provides the recommended 2022 Service Levels for Toronto Parking Authority in comparison to service levels planned and achieved from 2019 to 2021. Service levels have historically been presented in the Budget Notes for each Program/Agency for review by Budget Committee and approval by City Council. Beginning in 2020, as part of the budget modernization project, service levels were provided in a separate document in an effort to deliver a more efficient and simplified budget process that will create greater opportunities for public participation through inclusive and outcome focused budget materials.

  The Budget Committee recommends that: Operating and Capital Budgets 1. City Council approve the 2022 Operating Budget for Toronto Parking Authority of $105.9 million gross, $120.3 million revenue and ($14.4 million) net for the following services: Service: Gross Expenditures ($000s) Revenue ($000s) Net Expenditures ($000s) On-Street Parking 10,256.7 45,793.2 (35,536.5) Off-Street Parking 85,235.1 66,389.6 18,845.5 Bike Share 10,407.9 8,118.4 2,289.5 Total Program Budget 105,899.7 120,301.2 (14,401.4) 2. City Council approve the 2022 staff complement for Toronto Parking Authority of 326.5 operating positions. 3. City Council approve 2022 Capital Budget for Toronto Parking Authority with cash flows and future year commitments totaling $132.6 million as detailed by project in Appendix 6a to the 2022 Staff Recommended Capital and Operating Budget Notes - Toronto Parking Authority. 4. City Council approve the 2023-2031 Capital Plan for Toronto Parking Authority totalling $68.9 million in project estimates as detailed by project in Appendix 6b to the 2022 Staff Recommended Capital and Operating Budget Notes - Toronto Parking Authority. 5. City Council direct the Chief Financial Officer and Treasurer, in consultation with the President of Toronto Parking Authority, to report to the Budget Committee on an updated Income Sharing Renewal Agreement no later than December 31, 2022. 6. City Council request that all sub-projects with third party financing be approved conditionally, subject to the receipt of such financing in 2022 and if such funding is not forthcoming, their priority and funding be reassessed by City Council relative to other City-financed priorities and needs. Service Levels 7. City Council approve the 2022 service levels for Toronto Parking Authority as outlined in Appendix 1 to the report (November 3, 2021) from the President, Toronto Parking Authority. 8. City Council direct that Confidential Attachment 1 to the report (September 10, 2021) from the President, Toronto Parking Authority remain confidential in its entirety, as it pertains to personal matters about identifiable individuals, including municipal or local board employees, and labour relations or employee negotiations, and the security of property belonging to the City or one of its agencies or corporations.

  Staff recommendation as filed

  Operating and Capital Budgets The City Manager and the Chief Financial Officer and Treasurer recommend that: 1. City Council approve the 2022 Operating Budget for Toronto Parking Authority of $105.9 million gross, $120.3 million revenue and ($14.4 million) net for the following services: Service: Gross Expenditures ($000s) Revenue ($000s) Net Expenditures ($000s) On-Street Parking 10,256.7 45,793.2 (35,536.5) Off-Street Parking 85,235.1 66,389.6 18,845.5 Bike Share 10,407.9 8,118.4 2,289.5 Total Program Budget 105,899.7 120,301.2 (14,401.4) 2. City Council approve the 2022 staff complement for Toronto Parking Authority of 326.5 operating positions. 3. City Council approve 2022 Capital Budget for Toronto Parking Authority with cash flows and future year commitments totaling $132.6 million as detailed by project in Appendix 6a to the 2022 Staff Recommended Capital and Operating Budget Notes - Toronto Parking Authority. 4. City Council approve the 2023-2031 Capital Plan for Toronto Parking Authority totalling $68.9 million in project estimates as detailed by project in Appendix 6b to the 2022 Staff Recommended Capital and Operating Budget Notes - Toronto Parking Authority. 5. City Council direct the Chief Financial Officer and Treasurer, in consultation with the President of Toronto Parking Authority, to report to the Budget Committee on an updated Income Sharing Renewal Agreement no later than December 31, 2022. 6. City Council request that all sub-projects with third party financing be approved conditionally, subject to the receipt of such financing in 2022 and if such funding is not forthcoming, their priority and funding be reassessed by City Council relative to other City-financed priorities and needs. Service Levels The President of Toronto Parking Authority recommends that: 7. City Council approve the 2022 service levels for Toronto Parking Authority as outlined in Appendix 1 to the report (November 3, 2021) from the President, Toronto Parking Authority. 8. City Council direct that Confidential Attachment 1 to the report (September 10, 2021) from the President, Toronto Parking Authority remain confidential in its entirety, as it pertains to personal matters about identifiable individuals, including municipal or local board employees, and labour relations or employee negotiations, and the security of property belonging to the City or one of its agencies or corporations.

• BU35.5adopted

  Capital Variance Report for the Nine Months Ended September 30, 2021

  This is to advise that prior to Budget Committee on November 19, 2021, a Capital Variance Report for the nine months ended September 30, 2021, with additional analysis and recommendations will be submitted for consideration. Due to accelerating the agenda to ensure 2022 rate budget materials are publicly shared and to the additional complexity associated with analyzing financial implications of COVID-19, additional time is required to provide detailed review and analysis for the variance reports, in advance of the Budget Committee meeting. The Capital Variance Report will contain capital spending results for the nine months ended September 30, 2021 as well as projected expenditures to December 31, 2021. The report will also request City Council's approval for in-year budget adjustments to the 2021 Approved 2021-2030 Capital Budget and Plan.

  The Budget Committee recommends that: 1. City Council approve in-year budget adjustments to the 2021-2030 Approved Capital Budget and Plan as detailed in Appendix 4 to the report (November 19, 2021) from the Chief Financial Officer and Treasurer.

  Staff recommendation as filed

  The Chief Financial Officer and Treasurer recommends that: 1. City Council approve in-year budget adjustments to the 2021-2030 Approved Capital Budget and Plan as detailed in Appendix 4 to the report (November 19, 2021) from the Chief Financial Officer and Treasurer.

• BU35.6adopted

  Operating Variance Report for the Nine Months Ended September 30, 2021

  This is to advise that prior to Budget Committee on November 19, 2021, an Operating Variance Report for the nine months ended September 30, 2021, with additional analysis and recommendations will be submitted for consideration. Due to accelerating the agenda to ensure 2022 rate budget materials are publicly shared and to the additional complexity associated with analyzing financial implications of COVID-19 on operations, additional time is required to provide detailed review and analysis in advance of the Budget Committee meeting. The Operating Variance Report will contain operating results for the nine months ended September 30, 2021 as well as projections to year-end. The report will also request City Council's approval for required amendments to the 2021 Approved Operating Budget that have no impact on the City's 2021 Approved Net Operating Budget.

  The Budget Committee recommends that: 1. City Council approve the budget adjustments and any associated complement changes detailed in Appendix D1 to the report (November 19, 2021) from the Chief Financial Officer and Treasurer, to amend the 2021 Approved Operating Budget with no impact on the Net Operating Budget of the City, and approve the expenditure authority as detailed in Appendix D2 to the report (November 19, 2021) from the Chief Financial Officer and Treasurer.

  Staff recommendation as filed

  The Chief Financial Officer and Treasurer recommends that: 1. City Council approve the budget adjustments and any associated complement changes detailed in Appendix D1 to the report (November 19, 2021) from the Chief Financial Officer and Treasurer, to amend the 2021 Approved Operating Budget with no impact on the Net Operating Budget of the City, and approve the expenditure authority as detailed in Appendix D2 to the report (November 19, 2021) from the Chief Financial Officer and Treasurer.

• BU35.7adopted

  Obligatory Reserve Funds (Deferred Revenues) and Reserves and Discretionary Reserve Funds as at September 30, 2021

  The City of Toronto (City) maintains balances that are recognized as revenues in future years, in addition to reserves and reserve funds that provide future funding offsets. This report provides balances for obligatory reserve funds (deferred revenues) and reserves and discretionary reserve funds as at September 30, 2021. In addition, this report requests Council approval for administrative amendments to the City of Toronto Municipal Code Chapter 227, Reserves and Reserve Funds ("Chapter 227"). This includes a request to establish a new reserve and discretionary reserve fund change the names/purposes of a number of reserves and reserve funds to better reflect divisional allocation, and close five reserve/reserve fund accounts and transfer residual balances accordingly. As at September 30, 2021, the City recognized $8,978.8 million in total deferred revenues (obligatory reserve funds) and discretionary reserve funds, an increase of $1,393.0 million from the December 31, 2020 balance of $7,585.8 million. These balances are subject to annual changes based on receipts from third parties, recognition of amounts into revenue based on third party agreements and revenue recognition principles and transfers between funds, based on Council approvals. A total of 97.1 percent of the City's deferred revenues and reserves are fully committed, with the breakdown of the total balance as follows: - Committed funds included in the City's reserves, or in support of legislated, contractually bound or Council-directed activities ($8,059.6 million); - Committed funds to fund capital costs and pressures on rate-based activities ($655.5 million); - Uncommitted funds of $263.7 million, or 2.9 percent of the total balance, to respond to various unanticipated costs and to stabilize various funding sources, including the tax base.

  The Budget Committee recommends that: 1. City Council approve the establishment of a discretionary reserve fund called the 'Toronto Public Library IT Asset Replacement Reserve Fund' in Appendix B, Schedule 7 - Corporate Discretionary Reserve Funds of the City of Toronto Municipal Code Chapter 227, Reserves and Reserve Funds, the purpose of which is to provide funding to purchase Information Technology equipment for Toronto Public Library as part of the annual replacement cycle for Information Technology equipment, with criteria set out in Appendix G to the report (November 3, 2021) from the Chief Financial Officer and Treasurer. 2. City Council approve the establishment of a Stabilization Reserve called the 'Debt Servicing Stabilization Reserve' in Appendix A, Schedule 3 - Stabilization Reserves of the City of Toronto Municipal Code Chapter 227, Reserves and Reserve Funds, the purpose of which is to reduce the volatility of the City's annual debt service costs, with criteria set out in Appendix H to the report (November 3, 2021) from the Chief Financial Officer and Treasurer. 3. City Council authorize that the name of the 'Sony Centre Facility Fee Reserve Fund' be changed to the 'TO Live Facility Fee Reserve Fund' and that the criteria sheet, reflecting changes to the purpose, and its contribution and withdrawal policies be amended, as outlined in Appendix I to the report (November 3, 2021) from the Chief Financial Officer and Treasurer, and amend Appendix B, Schedule 8 of Chapter 227 to reflect the revised purpose. 4. City Council adopt a change in name of the 'Public Health Efficiency Reserve Fund' account to the 'Public Health Reserve Fund', as well as a change to its purpose and criteria as reflected in the revised Criteria Sheet in Appendix J to the report (November 3, 2021) from the Chief Financial Officer and Treasurer, and amend Appendix B, Schedule 7 of Chapter 227 to reflect the revised name and purpose. 5. City Council authorize that the names of the following accounts be changed to be consistent with the change in name of their respective Divisions, and amend the schedules of Chapter 227 as set out in the following table: Existing Reserve Name Recommended New Reserve Name Schedule # E.M.S. - Vehicle Reserve Toronto Paramedic Services Vehicle Reserve Schedule 1 E.M.S. - Equipment Reserve Toronto Paramedic Services Equipment Reserve Schedule 1 Economic Development, Culture & Tourism Vehicle Reserve Economic Development & Culture Vehicle Reserve Schedule 1 Long-Term Homes & Services Reserve Seniors Services and Long-Term Care Vehicle Reserve Schedule 1 Homes for the Aged Stabilization Reserve Seniors Services and Long-Term Care Vehicle Reserve Schedule 3 Development Charges - Emergency Medical Services Reserve Fund Development Charges - Toronto Paramedic Services Reserve Fund Schedule 11 Homes for the Aged Reserve Fund Seniors Services and Long-Term Care Reserve Fund Schedule 13 6. City Council direct the following accounts, which have zero balances, be closed and deleted from the Schedules to Chapter 227 as set out in the table to follow. Reserve Account Beneficial Program Schedule # Mayor's Office Vehicle Reserve Mayor's Office Schedule 1 Sony Centre Stabilization Reserve TO Live Schedule 3 Bloor Street Transformation Maintenance Reserve Fund Transportation Services Schedule 8 St. Lawrence Centre for the Arts Reserve Fund TO Live Schedule 8 Modular Housing Reserve Fund Corporate Real Estate Management Schedule 15 7. City Council direct that the balance of the 'Toronto Centre for the Arts Improvement Reserve Fund' in the amount of $213,689.00 be transferred to the 'TO Live Facility Fee Reserve Fund' and it be closed and deleted from Appendix B, Schedule 8 in Chapter 227. 8. City Council direct that the balance of the 'Toronto Centre for the Arts Stabilization Reserve' in the amount of $372.76 be transferred to the 'TO Live Facility Fee Reserve Fund' and it be closed and deleted from Appendix A, Schedule 3 in Chapter 227. 9. City Council direct that the balance of the 'Water Efficiency Loan Reserve Fund' in the amount of $2,393,277.21 be transferred to the Water Capital Reserve Fund (deferred revenue) and it be closed and deleted from Appendix C, Schedule 16 in Chapter 227.

  Staff recommendation as filed

  The Chief Financial Officer and Treasurer recommends that: 1. City Council approve the establishment of a discretionary reserve fund called the 'Toronto Public Library IT Asset Replacement Reserve Fund' in Appendix B, Schedule 7 - Corporate Discretionary Reserve Funds of the City of Toronto Municipal Code Chapter 227, Reserves and Reserve Funds, the purpose of which is to provide funding to purchase Information Technology equipment for Toronto Public Library as part of the annual replacement cycle for Information Technology equipment, with criteria set out in Appendix G to the report (November 3, 2021) from the Chief Financial Officer and Treasurer. 2. City Council approve the establishment of a Stabilization Reserve called the 'Debt Servicing Stabilization Reserve' in Appendix A, Schedule 3 - Stabilization Reserves of the City of Toronto Municipal Code Chapter 227, Reserves and Reserve Funds, the purpose of which is to reduce the volatility of the City's annual debt service costs, with criteria set out in Appendix H to the report (November 3, 2021) from the Chief Financial Officer and Treasurer. 3. City Council authorize that the name of the 'Sony Centre Facility Fee Reserve Fund' be changed to the 'TO Live Facility Fee Reserve Fund' and that the criteria sheet, reflecting changes to the purpose, and its contribution and withdrawal policies be amended, as outlined in Appendix I to the report (November 3, 2021) from the Chief Financial Officer and Treasurer, and amend Appendix B, Schedule 8 of Chapter 227 to reflect the revised purpose. 4. City Council adopt a change in name of the 'Public Health Efficiency Reserve Fund' account to the 'Public Health Reserve Fund', as well as a change to its purpose and criteria as reflected in the revised Criteria Sheet in Appendix J to the report (November 3, 2021) from the Chief Financial Officer and Treasurer, and amend Appendix B, Schedule 7 of Chapter 227 to reflect the revised name and purpose. 5. City Council authorize that the names of the following accounts be changed to be consistent with the change in name of their respective Divisions, and amend the schedules of Chapter 227 as set out in the following table: Existing Reserve Name Recommended New Reserve Name Schedule # E.M.S. - Vehicle Reserve Toronto Paramedic Services Vehicle Reserve Schedule 1 E.M.S. - Equipment Reserve Toronto Paramedic Services Equipment Reserve Schedule 1 Economic Development, Culture & Tourism Vehicle Reserve Economic Development & Culture Vehicle Reserve Schedule 1 Long-Term Homes & Services Reserve Seniors Services and Long-Term Care Vehicle Reserve Schedule 1 Homes for the Aged Stabilization Reserve Seniors Services and Long-Term Care Vehicle Reserve Schedule 3 Development Charges - Emergency Medical Services Reserve Fund Development Charges - Toronto Paramedic Services Reserve Fund Schedule 11 Homes for the Aged Reserve Fund Seniors Services and Long-Term Care Reserve Fund Schedule 13 6. City Council direct the following accounts, which have zero balances, be closed and deleted from the Schedules to Chapter 227 as set out in the table to follow. Reserve Account Beneficial Program Schedule # Mayor's Office Vehicle Reserve Mayor's Office Schedule 1 Sony Centre Stabilization Reserve TO Live Schedule 3 Bloor Street Transformation Maintenance Reserve Fund Transportation Services Schedule 8 St. Lawrence Centre for the Arts Reserve Fund TO Live Schedule 8 Modular Housing Reserve Fund Corporate Real Estate Management Schedule 15 7. City Council direct that the balance of the 'Toronto Centre for the Arts Improvement Reserve Fund' in the amount of $213,689.00 be transferred to the 'TO Live Facility Fee Reserve Fund' and it be closed and deleted from Appendix B, Schedule 8 in Chapter 227. 8. City Council direct that the balance of the 'Toronto Centre for the Arts Stabilization Reserve' in the amount of $372.76 be transferred to the 'TO Live Facility Fee Reserve Fund' and it be closed and deleted from Appendix A, Schedule 3 in Chapter 227. 9. City Council direct that the balance of the 'Water Efficiency Loan Reserve Fund' in the amount of $2,393,277.21 be transferred to the Water Capital Reserve Fund (deferred revenue) and it be closed and deleted from Appendix C, Schedule 16 in Chapter 227.