Item - 2014.ED28.8

Tracking Status

  • City Council adopted this item on February 19, 2014 without amendments.
  • This item was considered by the Economic Development Committee on January 20, 2014 and adopted without amendment. It will be considered by City Council on February 19, 2014.

ED28.8 - Business Improvement Areas (BIAs) - 2014 Operating Budgets - Report No. 2

Decision Type:
ACTION
Status:
Adopted
Wards:
1 - Etobicoke North, 5 - Etobicoke-Lakeshore, 6 - Etobicoke-Lakeshore, 13 - Parkdale-High Park, 14 - Parkdale-High Park, 15 - Eglinton-Lawrence, 16 - Eglinton-Lawrence, 17 - Davenport, 18 - Davenport, 19 - Trinity-Spadina, 20 - Trinity-Spadina, 21 - St. Paul's, 22 - St. Paul's, 25 - Don Valley West, 27 - Toronto Centre-Rosedale, 28 - Toronto Centre-Rosedale, 29 - Toronto-Danforth, 30 - Toronto-Danforth, 31 - Beaches-East York, 32 - Beaches-East York, 37 - Scarborough Centre

City Council Decision

City Council on February 19 and 20, 2014, adopted the following:

 

1.         City Council adopt and certify  the 2014 recommended expenditures and levy requirements of the following Business Improvement Areas:

 

Business Improvement Area

2014 Expenditure
Estimates
($)

2014 Levy
Funds Required
($)

Albion-Islington

259,853

199,000

Bloor Annex

205,208

199,912

Bloor by the Park

83,992

81,792

Bloorcourt Village

451,053

201,191

Bloor Street

2,596,872

1,650,000

Bloor-Yorkville

2,735,896

2,494,896

Cabbagetown

222,983

185,775

Church-Wellesley Village

245,382

241,265

College-Dufferin

24,980

19,880

Danforth Mosaic

366,816

291,001

Dovercourt Village

19,039

6,851

Downtown Yonge

2,876,027

2,459,199

Financial District

1,559,344

1,543,714

Forest Hill Village

453,388

197,740

Greektown on the Danforth

1,183,093

426,406

Harbord Street

32,000

25,774

Kensington Market

123,243

117,161

Liberty Village

305,365

267,552

Long Branch

85,389

60,234

Mimico By The Lake

52,875

50,830

Mirvish Village

19,827

0

Mount Pleasant

175,120

149,030

Pape Village

79,756

74,345

Roncesvalles Village

494,568

178,038

Rosedale Main Street

331,214

262,436

St. Clair Gardens

95,120

65,120

St. Lawrence Market Neighbourhood

947,571

780,571

The Beach

378,276

230,111

The Dupont Strip

57,310

35,690

The Eglinton Way

353,497

298,572

The Waterfront

954,411

687,514

Toronto Entertainment District

2,549,868

1,959,073

Uptown Yonge

145,473

126,288

Village of Islington

142,381

93,213

Wexford Heights

345,562

188,562

Yonge-Lawrence Village

240,483

186,751

York-Eglinton

317,294

260,332

 

Background Information (Committee)

(December 23, 2013) Report No. 2 from the Deputy City Manager and Chief Financial Officer on Business Improvement Areas 2014 Operating Budget
https://www.toronto.ca/legdocs/mmis/2014/ed/bgrd/backgroundfile-65497.pdf

Motions (City Council)

Motion to Adopt Item (Carried)

Vote (Adopt Item) Feb-20-2014 7:28 PM

Result: Carried Majority Required - ED28.8 - Adopt the item
Total members that voted Yes: 39 Members that voted Yes are Paul Ainslie, Maria Augimeri, Ana Bailão, Michelle Berardinetti, Shelley Carroll, Raymond Cho, Josh Colle, Gary Crawford, Vincent Crisanti, Janet Davis, Glenn De Baeremaeker, Mike Del Grande, Frank Di Giorgio, Sarah Doucette, John Filion, Paula Fletcher, Mary Fragedakis, Mark Grimes, Norman Kelly, Mike Layton, Chin Lee, Peter Leon, Gloria Lindsay Luby, Josh Matlow, Pam McConnell, Mary-Margaret McMahon, Denzil Minnan-Wong, Ron Moeser, Frances Nunziata (Chair), Cesar Palacio, John Parker, Gord Perks, Anthony Perruzza, Jaye Robinson, David Shiner, Karen Stintz, Michael Thompson, Adam Vaughan, Kristyn Wong-Tam
Total members that voted No: 2 Members that voted No are Doug Ford, Rob Ford
Total members that were Absent: 4 Members that were absent are Giorgio Mammoliti, Joe Mihevc, Peter Milczyn, James Pasternak

ED28.8 - Business Improvement Areas (BIAs) - 2014 Operating Budgets - Report No. 2

Decision Type:
ACTION
Status:
Adopted
Wards:
1 - Etobicoke North, 5 - Etobicoke-Lakeshore, 6 - Etobicoke-Lakeshore, 13 - Parkdale-High Park, 14 - Parkdale-High Park, 15 - Eglinton-Lawrence, 16 - Eglinton-Lawrence, 17 - Davenport, 18 - Davenport, 19 - Trinity-Spadina, 20 - Trinity-Spadina, 21 - St. Paul's, 22 - St. Paul's, 25 - Don Valley West, 27 - Toronto Centre-Rosedale, 28 - Toronto Centre-Rosedale, 29 - Toronto-Danforth, 30 - Toronto-Danforth, 31 - Beaches-East York, 32 - Beaches-East York, 37 - Scarborough Centre

Committee Recommendations

The Economic Development Committee recommends that:

 

1.         City Council adopt and certify  the 2014 recommended expenditures and levy requirements of the following Business Improvement Areas:

 

Business Improvement Area

2014 Expenditure
Estimates
($)

2014 Levy
Funds Required
($)

Albion-Islington

259,853

199,000

Bloor Annex

205,208

199,912

Bloor by the Park

83,992

81,792

Bloorcourt Village

451,053

201,191

Bloor Street

2,596,872

1,650,000

Bloor-Yorkville

2,735,896

2,494,896

Cabbagetown

222,983

185,775

Church-Wellesley Village

245,382

241,265

College-Dufferin

24,980

19,880

Danforth Mosaic

366,816

291,001

Dovercourt Village

19,039

6,851

Downtown Yonge

2,876,027

2,459,199

Financial District

1,559,344

1,543,714

Forest Hill Village

453,388

197,740

Greektown on the Danforth

1,183,093

426,406

Harbord Street

32,000

25,774

Kensington Market

123,243

117,161

Liberty Village

305,365

267,552

Long Branch

85,389

60,234

Mimico By The Lake

52,875

50,830

Mirvish Village

19,827

0

Mount Pleasant

175,120

149,030

Pape Village

79,756

74,345

Roncesvalles Village

494,568

178,038

Rosedale Main Street

331,214

262,436

St. Clair Gardens

95,120

65,120

St. Lawrence Market Neighbourhood

947,571

780,571

The Beach

378,276

230,111

The Dupont Strip

57,310

35,690

The Eglinton Way

353,497

298,572

The Waterfront

954,411

687,514

Toronto Entertainment District

2,549,868

1,959,073

Uptown Yonge

145,473

126,288

Village of Islington

142,381

93,213

Wexford Heights

345,562

188,562

Yonge-Lawrence Village

240,483

186,751

York-Eglinton

317,294

260,332

 

Origin

(December 23, 2013) Report from the Deputy City Manager and Chief Financial Officer

Summary

This report brings forward Business Improvement Area (BIA) annual operating budgets for approval by City Council as required by the City of Toronto Act, 2006.  City Council approval is required to permit the City to collect funds through the tax levy on behalf of the BIAs.

 

Complete budgets and supporting documentation received by December 6, 2013 have been reviewed and are reported here; BIA Operating Budgets received after this date will be brought forward in later reports.  Of the 77 established BIAs, 13 BIA budgets were approved by City Council on December 16, 2013; 37 BIA budgets are submitted for approval in this report; and one BIA is inactive.

 

The recommendations in this report reflect 2014 Operating Budgets approved by the respective BIAs' Boards of Management and Memberships and have been reviewed by City staff to ensure BIA budgets reflect Council's approved policies and practices.

Background Information

(December 23, 2013) Report No. 2 from the Deputy City Manager and Chief Financial Officer on Business Improvement Areas 2014 Operating Budget
https://www.toronto.ca/legdocs/mmis/2014/ed/bgrd/backgroundfile-65497.pdf

Motions

Motion to Adopt Item moved by Councillor Gary Crawford (Carried)
Source: Toronto City Clerk at www.toronto.ca/council