Item - 2018.ED26.5

Tracking Status

  • City Council adopted this item on January 31, 2018 without amendments and without debate.
  • This item was considered by the Economic Development Committee on January 18, 2018 and adopted without amendment. It will be considered by City Council on January 31, 2018.

ED26.5 - Business Improvement Areas (BIAs) - 2018 Operating Budgets - Report No. 2

Decision Type:
ACTION
Status:
Adopted
Wards:
5 - Etobicoke-Lakeshore, 6 - Etobicoke-Lakeshore, 8 - York West, 11 - York South-Weston, 13 - Parkdale-High Park, 14 - Parkdale-High Park, 15 - Eglinton-Lawrence, 16 - Eglinton-Lawrence, 17 - Davenport, 18 - Davenport, 19 - Trinity-Spadina, 20 - Trinity-Spadina, 21 - St. Paul's, 22 - St. Paul's, 25 - Don Valley West, 26 - Don Valley West, 27 - Toronto Centre-Rosedale, 28 - Toronto Centre-Rosedale, 29 - Toronto-Danforth, 30 - Toronto-Danforth, 31 - Beaches-East York, 32 - Beaches-East York, 35 - Scarborough Southwest, 37 - Scarborough Centre, 40 - Scarborough Agincourt

City Council Decision

City Council on January 31 and February 1, 2018, adopted the following:  

 

1. City Council adopt and certify the 2018 recommended expenditures and levy requirements of the following Business Improvement Areas:

 

Business Improvement Area

2018 Expenditure Estimates ($)

2018 Levy Funds Required ($)

Bayview-Leaside

278,494

191,111

Bloor By The Park

112,875

110,875

Bloor Street

4,052,822

1,650,000

Bloor West Village

655,522

387,547

Bloorcourt Village

251,693

190,000

Bloor-Yorkville

4,290,437

3,589,579

Cabbagetown

294,653

217,942

Corso Italia

235,771

195,000

Crossroads of the Danforth

245,659

206,984

Danforth Mosaic

464,764

334,997

Downtown Yonge

3,549,527

2,741,889

DuKe Heights BIA

1,529,779

1,365,122

Dundas West

371,279

207,624

Dupont by the Castle

120,580

98,563

Financial District

1,776,574

1,611,795

Forest Hill Village

304,204

196,283

Gerrard India Bazaar

275,662

159,987

Greektown on the Danforth

1,246,767

424,882

Harbord Street

37,014

34,363

Hillcrest Village

180,234

96,035

Junction Gardens

357,991

282,380

Kennedy Road

295,117

255,830

Kensington Market

184,565

170,167

Lakeshore Village

113,167

98,965

Liberty Village

1,992,654

332,024

Little Portugal

113,511

109,780

Long Branch

135,885

90,475

Midtown Yonge

180,062

175,090

Mimico By The Lake

63,227

53,835

Mimico Village

44,041

32,199

Mount Pleasant

309,893

175,627

Mount Dennis

64,790

25,058

Pape Village

106,487

97,487

Regal Heights Village

146,617

72,295

Roncesvalles Village

537,854

299,605

Rosedale Main Street

297,159

263,047

St. Clair Gardens

107,961

87,943

St. Lawrence Market Neighbourhood

1,360,968

1,192,631

The Beach

342,802

268,872

The Eglinton Way

366,424

314,824

The Kingsway

555,820

345,950

The Waterfront

1,344,818

1,179,818

Toronto Entertainment District

3,346,381

2,890,599

Trinity Bellwoods

160,467

53,884

Upper Village

75,492

62,741

Uptown Yonge

266,012

251,012

Village of Islington

186,357

134,770

West Queen West

343,608

335,004

Weston Village

183,124

105,533

Wexford Heights

411,351

220,337

Yonge Lawrence Village

228,979

208,051

York-Eglinton

297,673

196,379

Background Information (Committee)

(December 29, 2017) Report and Appendix A and B from the Acting Chief Financial Officer on Business Improvement Areas (BIAs) - 2018 Operating Budgets - Report No. 2
https://www.toronto.ca/legdocs/mmis/2018/ed/bgrd/backgroundfile-110585.pdf

ED26.5 - Business Improvement Areas (BIAs) - 2018 Operating Budgets - Report No. 2

Decision Type:
ACTION
Status:
Adopted
Wards:
5 - Etobicoke-Lakeshore, 6 - Etobicoke-Lakeshore, 8 - York West, 11 - York South-Weston, 13 - Parkdale-High Park, 14 - Parkdale-High Park, 15 - Eglinton-Lawrence, 16 - Eglinton-Lawrence, 17 - Davenport, 18 - Davenport, 19 - Trinity-Spadina, 20 - Trinity-Spadina, 21 - St. Paul's, 22 - St. Paul's, 25 - Don Valley West, 26 - Don Valley West, 27 - Toronto Centre-Rosedale, 28 - Toronto Centre-Rosedale, 29 - Toronto-Danforth, 30 - Toronto-Danforth, 31 - Beaches-East York, 32 - Beaches-East York, 35 - Scarborough Southwest, 37 - Scarborough Centre, 40 - Scarborough Agincourt

Committee Recommendations

The Economic Development Committee recommends that:  

 

1. City Council adopt and certify the 2018 recommended expenditures and levy requirements of the following Business Improvement Areas:

 

Business Improvement Area

2018 Expenditure Estimates ($)

2018 Levy Funds Required ($)

Bayview-Leaside

278,494

191,111

Bloor By The Park

112,875

110,875

Bloor Street

4,052,822

1,650,000

Bloor West Village

655,522

387,547

Bloorcourt Village

251,693

190,000

Bloor-Yorkville

4,290,437

3,589,579

Cabbagetown

294,653

217,942

Corso Italia

235,771

195,000

Crossroads of the Danforth

245,659

206,984

Danforth Mosaic

464,764

334,997

Downtown Yonge

3,549,527

2,741,889

DuKe Heights BIA

1,529,779

1,365,122

Dundas West

371,279

207,624

Dupont by the Castle

120,580

98,563

Financial District

1,776,574

1,611,795

Forest Hill Village

304,204

196,283

Gerrard India Bazaar

275,662

159,987

Greektown on the Danforth

1,246,767

424,882

Harbord Street

37,014

34,363

Hillcrest Village

180,234

96,035

Junction Gardens

357,991

282,380

Kennedy Road

295,117

255,830

Kensington Market

184,565

170,167

Lakeshore Village

113,167

98,965

Liberty Village

1,992,654

332,024

Little Portugal

113,511

109,780

Long Branch

135,885

90,475

Midtown Yonge

180,062

175,090

Mimico By The Lake

63,227

53,835

Mimico Village

44,041

32,199

Mount Pleasant

309,893

175,627

Mount Dennis

64,790

25,058

Pape Village

106,487

97,487

Regal Heights Village

146,617

72,295

Roncesvalles Village

537,854

299,605

Rosedale Main Street

297,159

263,047

St. Clair Gardens

107,961

87,943

St. Lawrence Market Neighbourhood

1,360,968

1,192,631

The Beach

342,802

268,872

The Eglinton Way

366,424

314,824

The Kingsway

555,820

345,950

The Waterfront

1,344,818

1,179,818

Toronto Entertainment District

3,346,381

2,890,599

Trinity Bellwoods

160,467

53,884

Upper Village

75,492

62,741

Uptown Yonge

266,012

251,012

Village of Islington

186,357

134,770

West Queen West

343,608

335,004

Weston Village

183,124

105,533

Wexford Heights

411,351

220,337

Yonge Lawrence Village

228,979

208,051

York-Eglinton

297,673

196,379

Origin

(December 29, 2017) Report from the Acting Chief Financial Officer

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.

 

Complete budgets and supporting documentation received by December 15, 2017 have been reviewed and are reported here. BIA Operating Budgets received after this date will be brought forward in later reports. Of the 82 established BIAs, 9 BIA budgets were adopted by Council on December 5, 2017 (ED25.7), 52 BIA budgets are submitted for approval in this report, and 1 BIA, Historic Queen East, is inactive.

 

The recommendations in this report reflect 2018 Operating Budgets approved by the respective BIAs’ Boards of Management and have been reviewed by City staff to ensure BIA budgets reflect Council’s approved policies and practices.

Background Information

(December 29, 2017) Report and Appendix A and B from the Acting Chief Financial Officer on Business Improvement Areas (BIAs) - 2018 Operating Budgets - Report No. 2
https://www.toronto.ca/legdocs/mmis/2018/ed/bgrd/backgroundfile-110585.pdf

Motions

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