Item - 2013.EX36.19

Tracking Status

  • City Council adopted this item on December 16, 2013 with amendments.
  • This item was considered by the Executive Committee on December 5, 2013 and adopted without amendment. It will be considered by City Council on December 16, 2013.

EX36.19 - 2014 Rate Supported Budgets - Toronto Parking Authority

Decision Type:
ACTION
Status:
Amended
Wards:
All

City Council Decision

City Council on December 16, 17 and 18, 2013, adopted the following:

 

Capital Budget

 

1.         City Council approve the 2014 Recommended Capital Budget for the Toronto Parking Authority with a total project cost of $49.636 million, and 2014 cash flow of $57.015 million and future year commitments of $0.635 million comprised of the following:

 

a.         New Cash Flow Funding for:

 

i.          48 new / change in scope sub-projects with a 2014 total project cost of $49.636 million that requires cash flow of $49.001 million in 2014 and a future year cash flow commitment of $0.635 million in 2015; and

 

b.         2013 approved cash flow for 7 previously approved sub-projects with carry forward funding from 2013 into 2014 totaling $8.014 million.

 

2.         City Council approve the 2015-2023 Recommended Capital Plan for the Parking Authority totaling $346.083 million in project estimates, comprised of $78.786 million in 2015; $49.260 million in 2016; $46.235 million in 2017; $34.312 million in 2018; $28.039 million in 2019; $22.568 million in 2020; $23.597 million in 2021; $30.127 million in 2022; and $33.159 million in 2023.

 

3.         City Council consider operating savings of $2.988 million net in 2015; and $2.966 million net in 2016, $0.460 million in 2017, $0.525 million in 2018, $0.534 million in 2019, $0.983 million in 2020, $1.260 million in 2021, $1.080 million in 2022, $1.470 million in 2023 emanating from the approval of the 2014 Recommended Capital Budget for inclusion in the 2014 and future year operating budgets.

 

4.         City Council approve all sub-projects with third party financing conditionally, subject to the receipt of such funding in 2014.

 

5.         City Council request the President, Toronto Parking Authority to report to the Government Management Committee prior to the 2015 Budget Process with a strategy for applying the Council-mandated Green Parking Lot standards to existing parking lots in order to ensure that the required funding is put in the 2015-2033 Recommended Capital Plan.

 

Operating Budget

 

6.         City Council approve the 2014 Recommended Operating Budget for the Toronto Parking Authority of $76.106 million gross and ($62,330) million net, comprised of the following services:

 

 

Service:

Gross

($000s)

 

Net

  ($000s)

On-Street Parking

Off- Street Parking

 

11,500.4

64,605.5

 

 

(41,674.3)

(20,655.5)

 

Total Program Budget

76,106.0

 

(62,329.8)

 

7.         City Council approve the Toronto Parking Authority's 2014 proposed service levels, as outlined on pages 7 and 8 of the 2014 Recommended Budget (Analyst Notes) for the Toronto Parking Authority, and the associated staff complement of 297.4.

Public Notice Given

Background Information (Committee)

(November 12, 2013) Letter from the Budget Committee on 2014 Rate Supported Budgets - Toronto Parking Authority
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-63939.htm
(October 29, 2013) Report from the Deputy City Manager and Chief Financial Officer on Toronto Parking Authority - 2014 Recommended Operating Budget and 2014 - 2023 Capital Program - Notice of Pending Report
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-63882.pdf
(October 30, 2013) Public Notice - 2014 Toronto Parking Authority Rates
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-63881.pdf
(November 1, 2013) 2014 Staff Recommended Capital Budget - Toronto Parking Authority (Analyst Notes)
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-63884.pdf
(November 1, 2013) 2014 Staff Recommended Operating Budget - Toronto Parking Authority (Analyst Notes)
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-63883.pdf
(November 12, 2013) Wrap-up Notes to Budget Commitee on 2014 - 2023 Recommended Capital Budget and Plan
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-63879.pdf
(November 12, 2013) Wrap-up Notes to Budget Committee on 2014 Recommended Operating Budget
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-63880.pdf
(December 5, 2013) 2014 Rate Budget Wrap Up Notes to Executive Committee - Operating
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-64573.pdf
(December 5, 2013) 2014 Rate Budget Wrap Up Notes to Executive Committee - Capital
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-64574.pdf

Motions (City Council)

1 - Motion to Amend Item (Additional) moved by Councillor Gord Perks (Carried)

That City Council request the President, Toronto Parking Authority to report to the Government Management Committee prior to the 2015 Budget Process with a strategy for applying the Council-mandated Green Parking Lot standards to existing parking lots in order to ensure that the required funding is put in the 2015-2033 Recommended Capital Plan.

Vote (Amend Item (Additional)) Dec-18-2013 3:45 PM

Result: Carried Majority Required - EX36.19 - Perks - motion 1
Total members that voted Yes: 27 Members that voted Yes are Maria Augimeri, Josh Colle, Gary Crawford, Janet Davis, Glenn De Baeremaeker, Mike Del Grande, Frank Di Giorgio, Sarah Doucette, Mary Fragedakis, Mark Grimes, Norman Kelly, Mike Layton, Chin Lee, Peter Leon, Gloria Lindsay Luby, Josh Matlow, Pam McConnell, Mary-Margaret McMahon, Peter Milczyn, Frances Nunziata (Chair), John Parker, Gord Perks, Anthony Perruzza, Jaye Robinson, Michael Thompson, Adam Vaughan, Kristyn Wong-Tam
Total members that voted No: 2 Members that voted No are Doug Ford, Rob Ford
Total members that were Absent: 16 Members that were absent are Paul Ainslie, Ana Bail„o, Michelle Berardinetti, Shelley Carroll, Raymond Cho, Vincent Crisanti, John Filion, Paula Fletcher, Giorgio Mammoliti, Joe Mihevc, Denzil Minnan-Wong, Ron Moeser, Cesar Palacio, James Pasternak, David Shiner, Karen Stintz

Motion to Adopt Item as Amended (Carried)

Vote (Adopt Item as Amended) Dec-18-2013 3:46 PM

Result: Carried Majority Required - EX36.19 - Adopt the item as amended
Total members that voted Yes: 27 Members that voted Yes are Maria Augimeri, Josh Colle, Gary Crawford, Janet Davis, Glenn De Baeremaeker, Frank Di Giorgio, Sarah Doucette, Rob Ford, Mary Fragedakis, Mark Grimes, Norman Kelly, Mike Layton, Chin Lee, Peter Leon, Gloria Lindsay Luby, Josh Matlow, Pam McConnell, Mary-Margaret McMahon, Peter Milczyn, Frances Nunziata (Chair), John Parker, Gord Perks, Anthony Perruzza, Jaye Robinson, Michael Thompson, Adam Vaughan, Kristyn Wong-Tam
Total members that voted No: 1 Members that voted No are Doug Ford
Total members that were Absent: 17 Members that were absent are Paul Ainslie, Ana Bail„o, Michelle Berardinetti, Shelley Carroll, Raymond Cho, Vincent Crisanti, Mike Del Grande, John Filion, Paula Fletcher, Giorgio Mammoliti, Joe Mihevc, Denzil Minnan-Wong, Ron Moeser, Cesar Palacio, James Pasternak, David Shiner, Karen Stintz

EX36.19 - 2014 Rate Supported Budgets - Toronto Parking Authority

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Public Notice Given

Committee Recommendations

The Executive Committee recommends that:

 

Capital Budget

 

1.         City Council approve the 2014 Recommended Capital Budget for the Toronto Parking Authority with a total project cost of $49.636 million, and 2014 cash flow of $57.015 million and future year commitments of $0.635 million comprised of the following:

 

a.         New Cash Flow Funding for:

 

i.          48 new / change in scope sub-projects with a 2014 total project cost of $49.636 million that requires cash flow of $49.001 million in 2014 and a future year cash flow commitment of $0.635 million in 2015.

 

b.         2013 approved cash flow for 7 previously approved sub-projects with carry forward funding from 2013 into 2014 totaling $8.014 million.

 

2.         City Council approve the 2015-2023 Recommended Capital Plan for the Parking Authority totaling $346.083 million in project estimates, comprised of $78.786 million in 2015; $49.260 million in 2016; $46.235 million in 2017; $34.312 million in 2018; $28.039 million in 2019; $22.568 million in 2020; $23.597 million in 2021; $30.127 million in 2022; and $33.159 million in 2023.

 

3.         City Council consider operating savings of $2.988 million net in 2015; and $2.966 million net in 2016, $0.460 million in 2017, $0.525 million in 2018, $0.534 million in 2019, $0.983 million in 2020, $1.260 million in 2021, $1.080 million in 2022, $1.470 million in 2023 emanating from the approval of the 2014 Recommended Capital Budget for inclusion in the 2014 and future year operating budgets.

 

4.         City Council approve all sub-projects with third party financing conditionally, subject to the receipt of such funding in 2014.

 

Operating Budget

 

5.         City Council approve the 2014 Recommended Operating Budget for the Toronto Parking Authority of $76.106 million gross and ($62,330) million net, comprised of the following services:

 

 

Service:

Gross

($000s)

 

Net

  ($000s)

On-Street Parking

Off- Street Parking

 

11,500.4

64,605.5

 

 

(41,674.3)

(20,655.5)

 

Total Program Budget

76,106.0

 

(62,329.8)

 

6.         City Council approve the Toronto Parking Authority's 2014 proposed service levels, as outlined on pages 7 and 8 of the 2014 Recommended Budget (Analyst Notes) for the Toronto Parking Authority, and the associated staff complement of 297.4.

Origin

(November 12, 2013) Letter from the Budget Committee

Summary

The Budget Committee meeting to be held on November 6, 2013 will include consideration of the Toronto Parking Authority's 2014 Recommended Operating Budget; and the 2014 Recommended Capital Budget and 2015 – 2023 Recommended Capital Plan.

Background Information

(November 12, 2013) Letter from the Budget Committee on 2014 Rate Supported Budgets - Toronto Parking Authority
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-63939.htm
(October 29, 2013) Report from the Deputy City Manager and Chief Financial Officer on Toronto Parking Authority - 2014 Recommended Operating Budget and 2014 - 2023 Capital Program - Notice of Pending Report
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-63882.pdf
(October 30, 2013) Public Notice - 2014 Toronto Parking Authority Rates
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-63881.pdf
(November 1, 2013) 2014 Staff Recommended Capital Budget - Toronto Parking Authority (Analyst Notes)
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-63884.pdf
(November 1, 2013) 2014 Staff Recommended Operating Budget - Toronto Parking Authority (Analyst Notes)
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-63883.pdf
(November 12, 2013) Wrap-up Notes to Budget Commitee on 2014 - 2023 Recommended Capital Budget and Plan
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-63879.pdf
(November 12, 2013) Wrap-up Notes to Budget Committee on 2014 Recommended Operating Budget
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-63880.pdf
(December 5, 2013) 2014 Rate Budget Wrap Up Notes to Executive Committee - Operating
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-64573.pdf
(December 5, 2013) 2014 Rate Budget Wrap Up Notes to Executive Committee - Capital
https://www.toronto.ca/legdocs/mmis/2013/ex/bgrd/backgroundfile-64574.pdf

Motions

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