Item - 2019.EX8.19
Tracking Status
- City Council adopted this item on October 2 and 3, 2019 without amendments.
- This item was considered by the Executive Committee on September 18, 2019 and adopted without amendment. It will be considered by City Council on October 2 and 3, 2019.
- See also BU8.9
EX8.19 - Transportation Services 2019 Capital Budget and 2020-2028 Capital Plan Adjustments
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
City Council Decision
City Council on October 2 and 3, 2019, adopted the following:
1. City Council amend the Transportation Services' Approved 2019 Capital Budget to reallocate funds in the amount of $1.235 million gross for funding of projects with a zero budget impact, as presented in Attachment 1 to the report (August 22, 2019) from the General Manager, Transportation Services.
2. City Council amend the Transportation Services' Approved 2019-2028 Capital Budget and Plan to reallocate cash flows in the amount of $96.185 million gross from 2019 to 2020 and beyond with a zero budget impact to the approved ten year budget and plan, as presented in Attachment 2 to the report (August 22, 2019) from the General Manager, Transportation Services.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-137299.pdf
(August 22, 2019) Report and Attachments 1 and 2 from the General Manager, Transportation Services on Transportation Services 2019 Capital Budget and 2020-2028 Capital Plan Adjustments
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-137300.pdf
Communications (Committee)
Motions (City Council)
EX8.19 - Transportation Services 2019 Capital Budget and 2020-2028 Capital Plan Adjustments
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Recommendations
The Executive Committee recommends that:
1. City Council amend the Transportation Services' Approved 2019 Capital Budget to reallocate funds in the amount of $1.235 million gross for funding of projects with a zero budget impact, as presented in Attachment 1 to the report (August 22, 2019) from the General Manager, Transportation Services.
2. City Council amend the Transportation Services' Approved 2019-2028 Capital Budget and Plan to reallocate cash flows in the amount of $96.185 million gross from 2019 to 2020 and beyond with a zero budget impact to the approved ten year budget and plan, as presented in Attachment 2 to the report (August 22, 2019) from the General Manager, Transportation Services.
Origin
Summary
This report requests City Council's authority to amend Transportation Services' Approved 2019 Capital Budget and 2020-2028 Capital Plan by reallocating cash flows within the 2019 Budget and ten year Capital Plan.
These reallocations will have a zero budget impact to the Transportation Services' Approved 2019-2028 Capital Budget and Plan and will align program requirements and project delivery schedules resulting in improved spending rates.
Background Information
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-137299.pdf
(August 22, 2019) Report and Attachments 1 and 2 from the General Manager, Transportation Services on Transportation Services 2019 Capital Budget and 2020-2028 Capital Plan Adjustments
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-137300.pdf