Item - 2007.CD11.6
Tracking Status
- This item will be considered by Community Development and Recreation Committee on December 3, 2007.
CD11.6 - Additional 2007 Draw from the Child Care Expansion Reserve Fund (CCERF) and 2008 Projected Service Impacts
- Consideration Type:
- Information
Origin
(November 14, 2007) Report from General Manager, Children's Services
Summary
This is a report back for information requested by the Community Development and Recreational Committee, Budget Committee and Executive Committee as a result of two reports in June 2007 and July 2007 respectively: 2007 Best Start Update to Child Care Service Plan and Report Back on Income Testing and 2007 Additional Best Start Funding and New Funding for Aboriginal Child Care. It was anticipated that an additional draw from the CCERF would be necessary in 2007 due to the impact of income testing, but this will not be necessary due to subsequent funding received from the Provincial and Federal budgets. Based on current service levels, it is expected that the Reserve will not be exhausted until 2010. The current service level is expected to be maintained in 2008.
Financial Impact
This report will have no financial impact beyond what has already been approved in the current year's budget.
Background Information
(November 14, 2007)
Report from General Manager, Children's Services - Additional 2007 Draw from the Child Care Expansion Reserve Fund (CCERF) and 2008 Projected Service Impacts
https://www.toronto.ca/legdocs/mmis/2007/cd/bgrd/backgroundfile-9002.pdf
https://www.toronto.ca/legdocs/mmis/2007/cd/bgrd/backgroundfile-9002.pdf