Item - 2019.EC1.2

Tracking Status

  • City Council adopted this item on January 30 and 31, 2019 without amendments and without debate.
  • This item was considered by the Economic and Community Development Committee on January 16, 2019 and adopted without amendment. It will be considered by City Council on January 30 and 31, 2019.

EC1.2 - Business Improvement Areas (BIAs) - 2019 Operating Budgets - Report No. 1

Decision Type:
ACTION
Status:
Adopted on Consent
Wards:
4 - Parkdale - High Park, 8 - Eglinton - Lawrence, 9 - Davenport, 10 - Spadina - Fort York, 11 - University - Rosedale, 12 - Toronto - St. Paul's, 13 - Toronto Centre, 14 - Toronto - Danforth, 15 - Don Valley West, 19 - Beaches - East York, 20 - Scarborough Southwest, 21 - Scarborough Centre

City Council Decision

City Council on January 30 and 31, 2019, adopted the following:

 

1.  City Council adopt and certify the 2019 recommended operating budget and levy requirements of the following Business Improvement Areas:

 

Business Improvement Area

2019 Operating Budget ($)

2019 Levy Funds Required ($)

Baby Point Gates BIA

155,559

60,000

Bayview Leaside BIA

257,014

193,348

Bloor by the Park BIA

411,080

108,765

Bloorcourt Village BIA

354,770

193,800

Cabbagetown BIA

315,606

228,230

Chinatown BIA

612,120

459,162

Church-Wellesley Village BIA

301,467

249,051

Crossroads of the Danforth BIA

274,781

225,123

Fairbank Village BIA

331,023

287,009

Financial District BIA

1,941,344

1,611,795

Forest Hill Village BIA

316,203

196,184

Greektown on the Danforth BIA

1,152,049

424,900

Junction Gardens BIA

410,252

333,559

Liberty Village BIA

1,989,748

348,327

Little Italy BIA

553,290

383,422

Ossington Avenue BIA

101,460

63,760

Pape Village BIA

111,565

98,228

Parkdale Village BIA

334,229

260,160

Riverside District BIA

242,929

196,862

Roncesvalles Village BIA

676,201

317,533

Rosedale Main Street BIA

283,321

267,321

The Beach BIA

360,005

290,703

The Danforth BIA

386,267

315,775

Trinity Bellwoods BIA

165,461

56,155

West Queen West BIA

359,219

332,680

Wexford Heights BIA

482,984

231,069

Wychwood Heights BIA

125,995

60,244

Yonge Lawrence Village BIA

236,623

208,304

Total

13,242,565

8,001,469

 

Background Information (Committee)

(January 2, 2019) Report and Appendices A and B from the Chief Financial Officer and Treasurer on Business Improvement Areas (BIAs) - 2019 Operating Budgets - Report No. 1
https://www.toronto.ca/legdocs/mmis/2019/ec/bgrd/backgroundfile-123206.pdf

EC1.2 - Business Improvement Areas (BIAs) - 2019 Operating Budgets - Report No. 1

Decision Type:
ACTION
Status:
Adopted
Wards:
4 - Parkdale - High Park, 8 - Eglinton - Lawrence, 9 - Davenport, 10 - Spadina - Fort York, 11 - University - Rosedale, 12 - Toronto - St. Paul's, 13 - Toronto Centre, 14 - Toronto - Danforth, 15 - Don Valley West, 19 - Beaches - East York, 20 - Scarborough Southwest, 21 - Scarborough Centre

Committee Recommendations

The Economic and Community Development Committee recommends that:

 

1.  City Council adopt and certify the 2019 recommended operating budget and levy requirements of the following Business Improvement Areas:

 

Business Improvement Area

2019 Operating Budget ($)

2019 Levy Funds Required ($)

Baby Point Gates BIA

155,559

60,000

Bayview Leaside BIA

257,014

193,348

Bloor by the Park BIA

411,080

108,765

Bloorcourt Village BIA

354,770

193,800

Cabbagetown BIA

315,606

228,230

Chinatown BIA

612,120

459,162

Church-Wellesley Village BIA

301,467

249,051

Crossroads of the Danforth BIA

274,781

225,123

Fairbank Village BIA

331,023

287,009

Financial District BIA

1,941,344

1,611,795

Forest Hill Village BIA

316,203

196,184

Greektown on the Danforth BIA

1,152,049

424,900

Junction Gardens BIA

410,252

333,559

Liberty Village BIA

1,989,748

348,327

Little Italy BIA

553,290

383,422

Ossington Avenue BIA

101,460

63,760

Pape Village BIA

111,565

98,228

Parkdale Village BIA

334,229

260,160

Riverside District BIA

242,929

196,862

Roncesvalles Village BIA

676,201

317,533

Rosedale Main Street BIA

283,321

267,321

The Beach BIA

360,005

290,703

The Danforth BIA

386,267

315,775

Trinity Bellwoods BIA

165,461

56,155

West Queen West BIA

359,219

332,680

Wexford Heights BIA

482,984

231,069

Wychwood Heights BIA

125,995

60,244

Yonge Lawrence Village BIA

236,623

208,304

Total

13,242,565

8,001,469

Origin

(January 2, 2019) Report from the Chief Financial Officer and Treasurer

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 November 9, 2018 have been reviewed and included in this report. Of the 83 established BIAs, 28 BIA budgets are submitted for approval in this report 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

(January 2, 2019) Report and Appendices A and B from the Chief Financial Officer and Treasurer on Business Improvement Areas (BIAs) - 2019 Operating Budgets - Report No. 1
https://www.toronto.ca/legdocs/mmis/2019/ec/bgrd/backgroundfile-123206.pdf

Motions

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