Item - 2019.EC3.11
Tracking Status
- City Council adopted this item on April 16, 2019 without amendments and without debate.
- This item was considered by the Economic and Community Development Committee on April 3, 2019 and adopted without amendment. It will be considered by City Council on April 16, 2019.
- See also By-law 580-2019
EC3.11 - Business Improvement Areas (BIAs) - 2019 Operating Budgets - Report No. 3
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- 3 - Etobicoke - Lakeshore, 8 - Eglinton - Lawrence, 9 - Davenport, 10 - Spadina - Fort York, 11 - University - Rosedale, 12 - Toronto - St. Paul's
City Council Decision
City Council on April 16 and 17, 2019, adopted the following:
1. City Council adopt and certify the 2019 recommended expenditures and levy requirements of the following Business Improvement Areas:
|
Business Improvement Area |
2019 Expenditure Estimates ($) |
2019 Levy Funds Required ($) |
|
CityPlace and Fort York BIA |
296,820 |
257,820 |
|
Korea Town BIA |
175,822 |
77,164 |
|
Little Portugal on Dundas BIA |
543,810 |
317,254 |
|
Long Branch BIA |
155,866 |
107,664 |
|
Queen Street West BIA |
507,303 |
306,732 |
|
Upper Village BIA |
194,601 |
102,549 |
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2019/ec/bgrd/backgroundfile-130830.pdf
EC3.11 - Business Improvement Areas (BIAs) - 2019 Operating Budgets - Report No. 3
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- 3 - Etobicoke - Lakeshore, 8 - Eglinton - Lawrence, 9 - Davenport, 10 - Spadina - Fort York, 11 - University - Rosedale, 12 - Toronto - St. Paul's
Committee Recommendations
The Economic and Community Development Committee recommends that:
1. City Council adopt and certify the 2019 recommended expenditures and levy requirements of the following Business Improvement Areas:
|
Business Improvement Area |
2019 Expenditure Estimates ($) |
2019 Levy Funds Required ($) |
|
CityPlace and Fort York BIA |
296,820 |
257,820 |
|
Korea Town BIA |
175,822 |
77,164 |
|
Little Portugal on Dundas BIA |
543,810 |
317,254 |
|
Long Branch BIA |
155,866 |
107,664 |
|
Queen Street West BIA |
507,303 |
306,732 |
|
Upper Village BIA |
194,601 |
102,549 |
Origin
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.
Of the 82 established BIAs, 6 BIA budgets are submitted for approval in this report, 47 BIA budgets are in the second report (EC2.8) to be considered by City Council at its March 27, 2019 meeting, 28 BIA budgets were approved by Council on January 30, 2019, and 1 BIA, Historic Queen East, is inactive.
The recommendations in this report reflect 2019 Operating Budgets approved by the respective BIAs’ Boards of Management and General Membership, and have been reviewed by City staff to ensure the BIA budgets reflect Council’s approved policies and practices.
Background Information
https://www.toronto.ca/legdocs/mmis/2019/ec/bgrd/backgroundfile-130830.pdf