Item - 2015.ED1.5

Tracking Status

  • City Council adopted this item on February 10, 2015 without amendments and without debate.
  • This item was considered by the Economic Development Committee on January 14, 2015 and adopted without amendment. It will be considered by City Council on February 10, 2015.

ED1.5 - Business Improvement Areas (BIAs) - 2015 Operating Budgets - Report No. 1

Decision Type:
ACTION
Status:
Adopted on Consent
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, 35 - Scarborough Southwest, 37 - Scarborough Centre

City Council Decision

City Council on February 10 and 11, 2015, adopted the following:

 

1.         City Council adopt and certify the 2015 recommended expenditures and levy requirements of the following Business Improvement Areas:

 

Business Improvement Area

2015 Expenditure
Estimates
($)

2015 Levy
Funds Required
($)

Albion Islington

239,533

197,684

Baby Point Gates

48,156

45,000

Bloor Annex

214,694

199,979

Bloor By The Park

85,319

80,513

Bloorcourt Village

209,732

175,015

Bloordale Village

109,801

89,436

Bloor Street

2,816,170

1,650,000

Bloor West Village

414,399

377,547

Bloor-Yorkville

3,115,887

3,046,641

Chinatown

525,535

419,734

Church-Wellesley Village

311,633

243,165

College West

26,502

19,880

Crossroads of the Danforth

188,900

164,752

Danforth Mosaic

349,799

327,170

Danforth Village

612,407

502,533

Dovercourt Village

22,062

6,851

Dupont by the Castle

62,230

37,889

Fairbank Village

213,578

212,996

Financial District

1,621,423

1,543,714

Greektown on the Danforth

1,138,576

426,157

Harbord Street

35,797

28,494

Hillcrest Village

99,182

90,483

Junction Gardens

377,161

268,336

Kensington Market

120,645

101,954

Korea Town

252,480

103,224

Liberty Village

1,518,386

267,552

Long Branch

88,277

60,109

Mimico by the Lake

53,841

53,841

Mirvish Village

28,109

0

Mount Pleasant

236,818

156,389

Oakwood Village

17,327

0

Ossington Avenue

59,012

54,012

Pape Village

92,420

80,774

Parkdale Village

311,144

237,194

Regal Heights Village

140,351

72,352

Riverside District

264,828

176,417

Roncesvalles Village

495,751

184,148

St. Lawrence Market Neighbourhood

1,075,616

956,439

The Beach

394,475

231,525

The Danforth

398,047

318,907

The Eglinton Way

380,408

310,271

The Waterfront

920,276

687,276

Toronto Entertainment District

3,550,416

2,017,923

Upper Village

144,098

97,024

Uptown Yonge

230,574

205,406

Village of Islington

137,152

95,096

West Queen West

302,320

283,143

Wexford Heights

374,645

188,951

Yonge-Lawrence Village

227,818

191,493

York-Eglinton

272,013

215,447

 

Background Information (Committee)

(December 17, 2014) Report and Appendices A and B from the Deputy City Manager and Chief Financial Officer on the Business Improvement Areas (BIAs) - 2015 Operating Budgets - Report No. 1
https://www.toronto.ca/legdocs/mmis/2015/ed/bgrd/backgroundfile-74466.pdf

ED1.5 - Business Improvement Areas (BIAs) - 2015 Operating Budgets - Report No. 1

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, 35 - Scarborough Southwest, 37 - Scarborough Centre

Committee Recommendations

The Economic Development Committee recommends that:

 

1.         City Council adopt and certify the 2015 recommended expenditures and levy requirements of the following Business Improvement Areas:

 

Business Improvement Area

2015 Expenditure
Estimates
($)

2015 Levy
Funds Required
($)

Albion Islington

239,533

197,684

Baby Point Gates

48,156

45,000

Bloor Annex

214,694

199,979

Bloor By The Park

85,319

80,513

Bloorcourt Village

209,732

175,015

Bloordale Village

109,801

89,436

Bloor Street

2,816,170

1,650,000

Bloor West Village

414,399

377,547

Bloor-Yorkville

3,115,887

3,046,641

Chinatown

525,535

419,734

Church-Wellesley Village

311,633

243,165

College West

26,502

19,880

Crossroads of the Danforth

188,900

164,752

Danforth Mosaic

349,799

327,170

Danforth Village

612,407

502,533

Dovercourt Village

22,062

6,851

Dupont by the Castle

62,230

37,889

Fairbank Village

213,578

212,996

Financial District

1,621,423

1,543,714

Greektown on the Danforth

1,138,576

426,157

Harbord Street

35,797

28,494

Hillcrest Village

99,182

90,483

Junction Gardens

377,161

268,336

Kensington Market

120,645

101,954

Korea Town

252,480

103,224

Liberty Village

1,518,386

267,552

Long Branch

88,277

60,109

Mimico by the Lake

53,841

53,841

Mirvish Village

28,109

0

Mount Pleasant

236,818

156,389

Oakwood Village

17,327

0

Ossington Avenue

59,012

54,012

Pape Village

92,420

80,774

Parkdale Village

311,144

237,194

Regal Heights Village

140,351

72,352

Riverside District

264,828

176,417

Roncesvalles Village

495,751

184,148

St. Lawrence Market Neighbourhood

1,075,616

956,439

The Beach

394,475

231,525

The Danforth

398,047

318,907

The Eglinton Way

380,408

310,271

The Waterfront

920,276

687,276

Toronto Entertainment District

3,550,416

2,017,923

Upper Village

144,098

97,024

Uptown Yonge

230,574

205,406

Village of Islington

137,152

95,096

West Queen West

302,320

283,143

Wexford Heights

374,645

188,951

Yonge-Lawrence Village

227,818

191,493

York-Eglinton

272,013

215,447

 

Origin

(December 17, 2014) 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 November 28, 2014 have been reviewed and are reported here. BIA Operating Budgets received after this date will be brought forward in later reports.  Of the 78 established BIAs, 50 BIA budgets are submitted for approval in this report.

 

The recommendations in this report reflect 2015 Operating Budgets approved by the respective BIAs’ Boards of Management and have been reviewed by City staff to ensure BIA budgets reflect Council’s approved policies and practices.

Background Information

(December 17, 2014) Report and Appendices A and B from the Deputy City Manager and Chief Financial Officer on the Business Improvement Areas (BIAs) - 2015 Operating Budgets - Report No. 1
https://www.toronto.ca/legdocs/mmis/2015/ed/bgrd/backgroundfile-74466.pdf

Motions

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