Item - 2020.RA19.3

Tracking Status

This item was considered by CreateTO on December 4, 2020 and was adopted without amendment.
See also EX21.2

RA19.3 - CreateTO 2021 Operating Budget

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Board Decision

The Board of Directors of CreateTO recommends that:

1. City Council approve CreateTO's 2021 Operating Budget of $14.598 million gross, and $0 net.

Origin

(November 17, 2020) Report from the Chief Financial Officer, CreateTO

Summary

The 2021 CreateTO Operating Budget represents a decrease of $0.062 million over the 2020 budget.

The 2021 CreateTO Operating Budget includes the addition of one fulltime position, a portfolio strategy analyst, increasing the total staffing complement to 69 employees.

Background Information

(November 17, 2020) Report from the Chief Financial Officer, CreateTO on the CreateTO 2021 Operating Budget
https://www.toronto.ca/legdocs/mmis/2020/ra/bgrd/backgroundfile-158776.pdf

Motions

Motion to Adopt Item moved by Ron Carinci (Carried)