Item - 2020.EX18.13
Tracking Status
- City Council adopted this item on November 25 and 26, 2020 without amendments and without debate.
- This item was considered by the Executive Committee on November 18, 2020 and adopted without amendment. It will be considered by City Council on November 25 and 26, 2020.
EX18.13 - Transportation Services 2020 Capital Budget and 2020-2029 Adjustments
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- All
City Council Decision
City Council on November 25 and 26, 2020, adopted the following:
1. City Council amend the Approved 2020-2029 Capital Budget and Plan for Transportation Services to reallocate cash flows in the amount of $107.765 million gross to 2020 from 2021 and beyond, with a zero overall impact to the approved ten year budget and plan, as described in Attachment 1 to the report (September 28, 2020) from the General Manager, Transportation Services.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2020/ex/bgrd/backgroundfile-158147.pdf
(September 28, 2020) Report from the General Manager, Transportation Services on Transportation Services 2020 Capital Budget and 2020-2029 Adjustments
https://www.toronto.ca/legdocs/mmis/2020/ex/bgrd/backgroundfile-158148.pdf
EX18.13 - Transportation Services 2020 Capital Budget and 2020-2029 Adjustments
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Recommendations
The Executive Committee recommends that:
1. City Council amend the Approved 2020-2029 Capital Budget and Plan for Transportation Services to reallocate cash flows in the amount of $107.765 million gross to 2020 from 2021 and beyond, with a zero overall impact to the approved ten year budget and plan, as described in Attachment 1 to the report (September 28, 2020) from the General Manager, Transportation Services.
Origin
Summary
This report requests City Council authority to amend the Transportation Services Approved 2020 Capital Budget and 2021-2029 Capital Plan by reallocating cash flows within the ten year Capital Plan.
These reallocations will have a zero budget impact to the Transportation Services Approved 2020-2029 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/2020/ex/bgrd/backgroundfile-158147.pdf
(September 28, 2020) Report from the General Manager, Transportation Services on Transportation Services 2020 Capital Budget and 2020-2029 Adjustments
https://www.toronto.ca/legdocs/mmis/2020/ex/bgrd/backgroundfile-158148.pdf