Item - 2011.EX2.11
Tracking Status
- City Council adopted this item on February 7, 2011 without amendments.
- This item was considered by the Executive Committee on January 17, 2011 and adopted without amendment. It will be considered by City Council on February 7, 2011.
EX2.11 - Toronto Public Library 2010 Capital Budget - Technical Adjustments as of June 30, 2010
- Decision Type:
- ACTION
- Status:
- Adopted
City Council Decision
City Council on February 7 and 8, 2011, adopted the following:
1. City Council approve the following budget amendments and transfers:
a. amend the Toronto Reference Library budget for the gallery space by adding $200,000 gross ($0 debt), funded from a federal Heritage Canada grant, with 2010 cash flow of $200,000;
b. amend the Technology Asset Management Program (TAMP) budget by adding $1,617,276 gross ($0 debt) funded from a transfer from the City Technology End of Lease Strategy (TELS), with 2010 cash flow of $400,000 and 2011 cash flow of $1,217,276; and
c. transfer budgets as follows:
i. add $600,000 gross and debt funding to the 2010 Multi-branch Renovation Project; and
ii. reduce $600,000 gross and debt funding from the 2010 Virtual Branch Services Project.
2. City Council approve the following cash flow reallocations:
a. reallocate funding as follows:
i advance $800,000 gross and debt from 2011 to 2010 for the Multi-branch Renovation Project and defer $800,000 gross and debt from 2010 to 2011 from the Brentwood Library Project; and
ii. advance $300,000 gross and debt from 2011 to 2010 for the Toronto Reference Library and defer $300,000 gross and debt from 2010 to 2011 from the Malvern Library Youth Hub Project; and
b. reallocate $3,734,877 of funding as follows:
i. $1,326,031 gross ($0 debt) from 2010 to 2012 for the Toronto Reference Library Project;
ii. $1,023,969 gross ($0 debt) from 2010 to 2012 for the Brentwood Library Project;
iii. $1,105,000 gross ($0 debt) from 2010 to 2011 for the Malvern Library Youth Hub Project;
iv. $227,877 gross ($0 debt) from 2010 to 2016 for the St. Lawrence Library Project; and
v. $52,000 gross ($0 debt) from 2010 to 2014 for the Bayview Library Project.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2011/ex/bgrd/backgroundfile-34840.pdf
Communications (Committee)
Motions (City Council)
Vote (Adopt Item) Feb-07-2011 2:59 PM
| Result: Carried | Majority Required - EX2.11 - Adopt the Item |
|---|---|
| Total members that voted Yes: 34 | Members that voted Yes are Paul Ainslie, Maria Augimeri, Ana Bailão, Michelle Berardinetti, Shelley Carroll, Raymond Cho, Josh Colle, Vincent Crisanti, Janet Davis, Glenn De Baeremaeker, Mike Del Grande, Frank Di Giorgio, Sarah Doucette, Rob Ford, Mary Fragedakis, Mark Grimes, Doug Holyday, Norman Kelly, Mike Layton, Chin Lee, Giorgio Mammoliti, Josh Matlow, Mary-Margaret McMahon, Peter Milczyn, Frances Nunziata (Chair), Cesar Palacio, Gord Perks, Anthony Perruzza, Jaye Robinson, David Shiner, Karen Stintz, Michael Thompson, Adam Vaughan, Kristyn Wong-Tam |
| Total members that voted No: 1 | Members that voted No are Ron Moeser |
| Total members that were Absent: 10 | Members that were absent are Gary Crawford, John Filion, Paula Fletcher, Doug Ford, Gloria Lindsay Luby, Pam McConnell, Joe Mihevc, Denzil Minnan-Wong, John Parker, James Pasternak |
Declared Interests (City Council)
Councillor James Pasternak - as a relative works for the Toronto Public Library Service.
EX2.11 - Toronto Public Library 2010 Capital Budget - Technical Adjustments as of June 30, 2010
- Decision Type:
- ACTION
- Status:
- Adopted
Committee Recommendations
The Executive Committee recommends that City Council:
1. Approve the following budget amendments and transfers:
a. Amend the Toronto Reference Library budget for the gallery space by adding $200,000 gross ($0 debt), funded from a federal Heritage Canada grant, with 2010 cash flow of $200,000.
b. Amend the Technology Asset Management Program (TAMP) budget by adding $1,617,276 gross ($0 debt) funded from a transfer from the City Technology End of Lease Strategy (TELS), with 2010 cash flow of $400,000 and 2011 cash flow of $1,217,276 transfer budgets as follows:
c. Transfer budgets as follows:
i. Add $600,000 gross and debt funding to the 2010 Multi-branch Renovation Project.
ii. Reduce $600,000 gross and debt funding from the 2010 Virtual Branch Services Project.
2. Approve the following cash flow reallocations:
a. Reallocate funding as follows:
i Advance $800,000 gross and debt from 2011 to 2010 for the Multi-branch Renovation Project and defer $800,000 gross and debt from 2010 to 2011 from the Brentwood Library Project.
ii. Advance $300,000 gross and debt from 2011 to 2010 for the Toronto Reference Library and defer $300,000 gross and debt from 2010 to 2011 from the Malvern Library Youth Hub Project.
b. Reallocate $3,734,877 of funding as follows:
i. $1,326,031 gross ($0 debt) from 2010 to 2012 for the Toronto Reference Library Project.
ii. $1,023,969 gross ($0 debt) from 2010 to 2012 for the Brentwood Library Project.
iii. $1,105,000 gross ($0 debt) from 2010 to 2011 for the Malvern Library Youth Hub Project.
iv. $227,877 gross ($0 debt) from 2010 to 2016 for the St. Lawrence Library Project.
v. $52,000 gross ($0 debt) from 2010 to 2014 for the Bayview Library Project.
Origin
Summary
The Toronto Public Library Board, at its meeting of September 20, 2010 approved technical budget adjustments to capital projects which include amendments, transfers and reallocations that do not affect the annual debt funding level approved by Council. The Board is now seeking Council's approval of the technical budget adjustments.
Background Information
https://www.toronto.ca/legdocs/mmis/2011/ex/bgrd/backgroundfile-34840.pdf