Item - 2017.EX25.14
Tracking Status
- City Council adopted this item on May 24, 2017 without amendments and without debate.
- This item was considered by the Executive Committee on May 16, 2017 and adopted without amendment. It will be considered by City Council on May 24, 2017.
- See also BU32.3
EX25.14 - Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments and Accelerations / Deferrals (Second Quarter)
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- 27 - Toronto Centre-Rosedale, 28 - Toronto Centre-Rosedale, 29 - Toronto-Danforth, 34 - Don Valley East
City Council Decision
City Council on May 24, 25 and 26, 2017, adopted the following:
1. City Council authorize the reallocation of funds in the 2017 Approved Capital Budget for Facilities, Real Estate, Environment and Energy's in the amount of $1.262 million, as illustrated in Schedule A to the report (April 26, 2017) from the Chief Corporate Officer, with zero gross and debt impact.
2. City Council authorize the deferral and acceleration of funds in the 2017 Approved Capital Budget Facilities, Real Estate, Environment and Energy's and 2018- 2026 Capital Plan in the amount of $1.480 million, as illustrated in Schedule B to the report (April 26, 2017) from the Chief Corporate Officer, with zero gross and net debt impact.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-103548.pdf
Attachments - Schedule A - 2017 Budget Adjustments and Schedule B - Deferrals / Accelerations
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-103549.pdf
14a - Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments and Accelerations / Deferrals (Second Quarter)
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-103823.pdf
EX25.14 - Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments and Accelerations / Deferrals (Second Quarter)
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- 27 - Toronto Centre-Rosedale, 28 - Toronto Centre-Rosedale, 29 - Toronto-Danforth, 34 - Don Valley East
Committee Recommendations
The Executive Committee recommends that:
1. City Council authorize the reallocation of funds in Facilities, Real Estate, Environment and Energy's 2017 Council Approved Capital Budget in the amount of $1.262 million, as illustrated in Schedule A to the report (April 26, 2017) from the Chief Corporate Officer, with zero gross and debt impact.
2. City Council authorize the deferral and acceleration of funds in Facilities, Real Estate, Environment and Energy's 2017 Council Approved Capital Budget and 2018- 2026 Capital Plan in the amount of $1.480 million, as illustrated in Schedule B to the report (April 26, 2017) from the Chief Corporate Officer, with zero gross and net debt impact.
Origin
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
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-103548.pdf
Attachments - Schedule A - 2017 Budget Adjustments and Schedule B - Deferrals / Accelerations
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-103549.pdf
Motions
That the recommendations in the letter (May 11, 2017) from the Budget Committee [Item EX25.14a] be adopted.
14a - Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments and Accelerations / Deferrals (Second Quarter)
Origin
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
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-103823.pdf