Item - 2019.EX6.12

The Executive Committee recommends that:

1. City Council authorize the levy and collection of amounts for the 2019 taxation year on colleges and universities, public hospitals, and correctional facilities as authorized by Section 285 of the City of Toronto Act, 2006 and City Council direct that the maximum prescribed amount of $75 be applied per provincially rated hospital bed, full time student, or resident place as prescribed by Ontario Regulation 121/07.

2. City Council authorize the amendment of By-law 746-2018 for the 2018 taxation year based on the revised capacity figure of 1,246 for the Toronto South Detention Centre as described in Attachment 1 to the report (May 23, 2019) from the Controller.

3.  City Council forward the Item to the Premier of Ontario and the Ontario Minister of Finance and request that the Province increase the $75 levy annually by the rate of inflation.

4.  City Council forward the Item to the Association of Municipalities of Ontario.

The Executive Committee requested the Controller to report directly to City Council at its meeting of June 18, 2019 on the final 2019 Heads and Beds levy amount should the final 2019 capacity figures for colleges be received from the Province of Ontario prior to this Council meeting.

This report requests Council authority to adopt a by-law to levy amounts for the 2019 taxation year for colleges and universities, public hospitals, and correctional facilities (the "institutions"), estimated at approximately $18.8 million (annual "Heads and Beds" levy).