Item - 2017.BU33.5

Tracking Status

This item was considered by Budget Committee on June 9, 2017 and was adopted without amendment.
See also EX26.31

BU33.5 - Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments and Accelerations / Deferrals (June)

Decision Type:: ACTION

Status:: Adopted

Wards:: 3 - Etobicoke Centre, 8 - York West, 27 - Toronto Centre-Rosedale, 28 - Toronto Centre-Rosedale, 30 - Toronto-Danforth

Committee Decision

The Budget Committee recommends that:

1. City Council authorize the reallocation of funds within the 2017 Council Approved Capital Budget for Facilities, Real Estate, Environment and Energy (FREEE) in the amount of $0.751 million, as illustrated in Schedule A to the report (May 24, 2017) from the Chief Corporate Officer, with zero gross and net debt impact.

Origin

(May 24, 2017) Report from the Chief Corporate Officer

Summary

The purpose of this report is to amend the Facilities, Real Estate, Environment and Energy (FREEE) 2017 Council Approved Capital Budget and 2018-2026 Capital Plan. The amendments will have zero gross and net debt impact and will better align 2017 and future cash flows with Facilities, Real Estate, Environment and Energy program requirements.

Background Information

(May 24, 2017) Report from the Chief Corporate Officer on Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments and Accelerations / Deferrals (June)
https://www.toronto.ca/legdocs/mmis/2017/bu/bgrd/backgroundfile-104119.pdf
Schedule "A" - 2017 Budget Adjustments
https://www.toronto.ca/legdocs/mmis/2017/bu/bgrd/backgroundfile-104180.pdf

Motions

1 - Motion to Adopt Item moved by Councillor Shelley Carroll (Carried)