Item - 2018.EX32.1

Tracking Status

  • This item was considered by Executive Committee on March 19, 2018 and was adopted with amendments.

EX32.1 - City of Toronto Long-Term Financial Plan

Decision Type:
ACTION
Status:
Amended
Wards:
All

Committee Decision

The Executive Committee:

 

1.  Requested the City Manager to report back on individual strategies and key actions contained within the Long-Term Financial Plan to Executive Committee, as appropriate, following the start of the 2018 to 2022 term of Council.

 

2.  Requested the City Manager include as part of the report back on individual strategies and key actions, future savings and efficiencies to improve value for money that result from transformation in the procurement process as it relates to desired performance specifications.

Decision Advice and Other Information

The City Manager gave a presentation on City of Toronto Long-Term Financial Plan.

Origin

(March 5, 2018) Report from the City Manager, the Interim Chief Financial Officer, the Deputy City Manager, Cluster A, the Deputy City Manager, Cluster B and the Deputy City Manager, Internal Corporate Services

Summary

This report tables the City of Toronto's Long-Term Financial Plan for Council consideration. The Long-Term Financial Plan provides a framework for longer-term financial decision-making, including strategies and key actions to facilitate multi-year, integrated, strategic decision-making.

Background Information

(March 19, 2018) Presentation from the City Manager on Long-Term Financial Plan: The City of Toronto's Roadmap to Financial Sustainability
https://www.toronto.ca/legdocs/mmis/2018/ex/bgrd/backgroundfile-113411.pdf
(March 5, 2018) Report from the City Manager, the Interim Chief Financial Officer, the Deputy City Manager, Cluster A, the Deputy City Manager, Cluster B, and the Deputy City Manager, Internal Corporate Services on City of Toronto Long-Term Financial Plan
https://www.toronto.ca/legdocs/mmis/2018/ex/bgrd/backgroundfile-113020.pdf
Attachment 1 - Long-Term Financial Plan - The City of Toronto's Roadmap to Financial Sustainability
https://www.toronto.ca/legdocs/mmis/2018/ex/bgrd/backgroundfile-113021.pdf

Communications

(March 15, 2018) E-mail from Joe Davidson (EX.Supp.EX32.1.1)
(March 16, 2018) Letter from Brooks Barnett, Manager, Government Relations and Policy, Real Property Association of Canada Lead Coordinator, Property Tax Coalition for Growth (EX.Supp.EX32.1.2)
https://www.toronto.ca/legdocs/mmis/2018/ex/comm/communicationfile-79094.pdf
(March 16, 2018) Letter from Susan McMurray, Toronto and York Region Labour Council (EX.Supp.EX32.1.3)
https://www.toronto.ca/legdocs/mmis/2018/ex/comm/communicationfile-79080.pdf
(March 19, 2018) E-mail from Rosemary Boissonneau (EX.Supp.EX32.1.4)
(March 18, 2018) Letter from Simon Chamberlain, Secretary, Mount Dennis Community Association (EX.Supp.EX32.1.5)
https://www.toronto.ca/legdocs/mmis/2018/ex/comm/communicationfile-79098.pdf
(March 19, 2018) Letter from Daniele Zanotti, President and Chief Executive Officer, United Way Toronto and York Region (EX.Supp.EX32.1.6)
https://www.toronto.ca/legdocs/mmis/2018/ex/comm/communicationfile-79099.pdf

Speakers

Scott Travers, President, Society of United Professionals
Gideon Forman, Climate Change and Transportation Policy Analyst, The David Suzuki Foundation
Michael Rosenberg
Ginelle Skerritt, Social Planning Toronto and Warden Woods Community Centre
Adina Lebo, Ambassador, Canadian Association of Retired Persons (CARP) Toronto
Sarah Climenhaga
Brenda Thompson, Scarborough Transit Action
Derek Moran
Fred Shilson, Canadian Union of Public Employees (CUPE) Local 79
Ting Isagani
Moya Beall
Councillor Janet Davis
Councillor Kristyn Wong-Tam
Councillor Gord Perks
Councillor Neethan Shan

Motions

Motion to Amend Item (Additional) moved by Councillor Cesar Palacio (Carried)

That the City Manager include as part of the report back on individual strategies and key actions, future savings and efficiencies to improve value for money that result from transformation in the procurement process as it relates to desired performance specifications.


Motion to Adopt Item as Amended moved by Mayor John Tory (Carried)

Vote (Adopt Item as Amended) Mar-19-2018

Result: Carried Majority Required
Total members that voted Yes: 10 Members that voted Yes are Paul Ainslie, Ana Bail„o, Gary Crawford, Frank Di Giorgio, Mary-Margaret McMahon, Denzil Minnan-Wong, Cesar Palacio, James Pasternak, David Shiner, John Tory (Chair)
Total members that voted No: 0 Members that voted No are
Total members that were Absent: 3 Members that were absent are Jon Burnside, Jaye Robinson, Michael Thompson
Source: Toronto City Clerk at www.toronto.ca/council