Item - 2017.EX26.33

Tracking Status

  • City Council adopted this item on July 4, 2017 without amendments.
  • This item was considered by the Executive Committee on June 19, 2017 and adopted without amendment. It will be considered by City Council on July 4, 2017.
  • See also BU33.7

EX26.33 - Transportation Services 2017 Capital Budget Adjustments

Decision Type:
ACTION
Status:
Adopted
Wards:
All

City Council Decision

City Council on July 4, 5, 6  and 7, 2017, adopted the following:

 

1.  City Council authorize the reallocation of funds within Transportation Services' 2017 Capital Budget in the amount of $2.730 million gross and $0 debt, for funding of projects, as presented in Attachment 1 to the report (May 30, 2017) from the General Manager, Transportation Services.

 

2.  City Council authorize the reallocation of funds from Transportation Services' 2017 Capital Budget to Toronto Transit Commission's 2017 Capital Budget in the amount of $0.850 million gross and $0.425 million debt for funding of bicycle parking projects, as presented in Attachment 1 to the report (May 30, 2017) from the General Manager, Transportation Services.

Background Information (Committee)

(May 30, 2017) Report and Attachment 1 from the General Manager, Transportation Services on Transportation Services 2017 Capital Budget Adjustments
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-104669.pdf

Motions (City Council)

Motion to Adopt Item (Carried)

33a - Transportation Services 2017 Capital Budget Adjustments

Background Information (Committee)
(June 9, 2017) Letter from the Budget Committee on Transportation Services 2017 Capital Budget Adjustments
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-104918.pdf

EX26.33 - Transportation Services 2017 Capital Budget Adjustments

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Recommendations

The Executive Committee recommends that:

 

1.  City Council authorize the reallocation of funds within Transportation Services' 2017 Capital Budget in the amount of $2.730 million gross and $0 debt, for funding of projects, as presented in Attachment 1 to the report (May 30, 2017) from the General Manager, Transportation Services.

 

2.  City Council authorize the reallocation of funds from Transportation Services' 2017 Capital Budget to Toronto Transit Commission's 2017 Capital Budget in the amount of $0.850 million gross and $0.425 million debt for funding of bicycle parking projects, as presented in Attachment 1 to the report (May 30, 2017) from the General Manager, Transportation Services.

Origin

(May 30, 2017) Report from the General Manager, Transportation Services

Summary

This report requests City Council's authority to amend Transportation Services' 2017 Capital Budget by adjusting cash flows contained within the 2017 Capital Budget to align with project delivery schedule and program requirements. These reallocations will allow Transportation Services to continue to deliver projects within its Capital Plan.

 

The report also requests City Council's authority to amend the Toronto Transit Commission's (TTC) 2017 Capital Budget by reallocating the portion of Transportation Services' Public Transit Infrastructure Fund (PTIF) program for bicycle parking at 40 rapid transit stations supporting multi-modal trips. The reallocation will result in an overall reduction of $0.850 million gross and $0.425 million debt to Transportation Services' 2017 Capital Budget, and an increase of $0.850 million gross and $0.425 million debt to Toronto Transit Commission's 2017 Capital Budget.

Background Information

(May 30, 2017) Report and Attachment 1 from the General Manager, Transportation Services on Transportation Services 2017 Capital Budget Adjustments
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-104669.pdf

Motions

1 - Motion to Adopt Item moved by Councillor Gary Crawford (Carried)

That the recommendations in the letter (June 9, 2017) from the Budget Committee [Item EX26.33a] be adopted.

33a - Transportation Services 2017 Capital Budget Adjustments

Origin
(June 9, 2017) Letter from the Budget Committee
Summary

This report requests City Council's authority to amend Transportation Services' 2017 Capital Budget by adjusting cash flows contained within the 2017 Capital Budget to align with project delivery schedule and program requirements. These reallocations will allow Transportation Services to continue to deliver projects within its Capital Plan.

 

The report also requests City Council's authority to amend the Toronto Transit Commission's (TTC) 2017 Capital Budget by reallocating the portion of Transportation Services' Public Transit Infrastructure Fund (PTIF) program for bicycle parking at 40 rapid transit stations supporting multi-modal trips. The reallocation will result in an overall reduction of $0.850 million gross and $0.425 million debt to Transportation Services' 2017 Capital Budget, and an increase of $0.850 million gross and $0.425 million debt to Toronto Transit Commission's 2017 Capital Budget.

Background Information
(June 9, 2017) Letter from the Budget Committee on Transportation Services 2017 Capital Budget Adjustments
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-104918.pdf
Source: Toronto City Clerk at www.toronto.ca/council