Item - 2023.EC1.2
Tracking Status
- City Council adopted this item on February 7 and 8, 2023 without amendments and without debate.
- This item was considered by the Economic and Community Development Committee on January 11, 2023 and adopted without amendment. It will be considered by City Council on February 7 and 8, 2023.
- See also EC2.2
- See also EC3.6
EC1.2 - Business Improvement Areas (BIAs) - 2023 Operating Budgets - Report 1
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- 1 - Etobicoke North, 3 - Etobicoke - Lakeshore, 4 - Parkdale - High Park, 5 - York South - Weston, 6 - York Centre, 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, 22 - Scarborough - Agincourt
City Council Decision
City Council on February 7 and 8, 2023, adopted the following:
1. City Council adopt and certify the 2023 recommended Operating Budgets and Levy requirements of the following Business Improvement Areas:
|
Business Improvement Area |
2023 Operating Budget ($) |
2023 Levy Funds Required ($) |
|
Albion Islington Square |
256,684 |
187,414 |
|
Baby Point Gates |
77,220 |
59,094 |
|
Bayview Leaside |
268,266 |
193,266 |
|
Bloor by the Park |
108,113 |
78,606 |
|
Bloor West Village |
682,446 |
424,164 |
|
Bloordale Village |
240,990 |
147,522 |
|
Bloor-Yorkville |
5,050,992 |
4,444,605 |
|
Broadview Danforth |
345,448 |
307,658 |
|
Cabbagetown |
573,733 |
427,189 |
|
Chinatown |
914,636 |
544,180 |
|
CityPlace and Fort York |
603,765 |
447,299 |
|
College Promenade |
294,942 |
234,252 |
|
Corso Italia |
363,454 |
251,440 |
|
Crossroads of the Danforth |
320,299 |
197,154 |
|
Downtown Yonge |
3,850,425 |
2,995,325 |
|
Duke Heights |
3,660,921 |
3,135,318 |
|
Fairbank Village |
470,192 |
263,975 |
|
Financial District |
1,900,759 |
1,305,554 |
|
Forest Hill Village |
239,710 |
196,832 |
|
Gerrard India Bazaar |
353,317 |
159,954 |
|
Greektown on the Danforth |
1,467,545 |
424,899 |
|
Hillcrest Village |
278,575 |
237,373 |
|
Junction Gardens |
565,540 |
361,285 |
|
Kennedy Road |
283,171 |
256,135 |
|
Kensington Market |
232,249 |
185,700 |
|
Lakeshore Village |
241,582 |
106,579 |
|
Lawrence Ingram Keele |
238,220 |
190,004 |
|
Liberty Village |
544,178 |
406,207 |
|
Little Italy |
791,718 |
383,522 |
|
Little Portugal Toronto |
780,361 |
346,995 |
|
Midtown Yonge |
238,788 |
180,084 |
|
Mirvish Village |
108,071 |
81,814 |
|
Mount Pleasant Village |
430,096 |
233,435 |
|
Oakwood Village |
83,926 |
37,929 |
|
Regal Heights Village |
136,890 |
22,540 |
|
Riverside District |
424,237 |
206,258 |
|
Roncesvalles Village |
396,040 |
333,628 |
|
St. Clair Gardens |
151,560 |
96,160 |
|
St. Lawrence Market Neighbourhood |
2,052,869 |
1,492,205 |
|
The Beach |
452,861 |
415,412 |
|
The Kingsway |
616,943 |
261,943 |
|
The Waterfront |
3,124,287 |
2,090,955 |
|
Toronto Downtown West |
4,739,568 |
3,940,240 |
|
Uptown Yonge |
398,619 |
250,941 |
|
Village of Islington |
261,758 |
164,105 |
|
West Queen West |
382,015 |
351,167 |
|
Weston Village |
299,727 |
149,600 |
|
Wexford Heights |
462,674 |
242,331 |
|
Wychwood Heights |
113,678 |
28,678 |
|
Yonge Lawrence Village |
286,008 |
240,955 |
|
Total |
41,160,066 |
29,719,880 |
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2023/ec/bgrd/backgroundfile-230624.pdf
Appendix A - Summary of 2023 Operating Budget by Business Improvement Area
https://www.toronto.ca/legdocs/mmis/2023/ec/bgrd/backgroundfile-230625.pdf
Appendix B - Status of Business Improvement Area 2023 Operating Budget Approvals
https://www.toronto.ca/legdocs/mmis/2023/ec/bgrd/backgroundfile-230626.pdf
EC1.2 - Business Improvement Areas (BIAs) - 2023 Operating Budgets - Report 1
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- 1 - Etobicoke North, 3 - Etobicoke - Lakeshore, 4 - Parkdale - High Park, 5 - York South - Weston, 6 - York Centre, 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, 22 - Scarborough - Agincourt
Committee Recommendations
The Economic and Community Development Committee recommends that:
1. City Council adopt and certify the 2023 recommended Operating Budgets and Levy requirements of the following Business Improvement Areas:
| Business Improvement Area | 2023 Operating Budget ($) | 2023 Levy Funds Required ($) |
| Albion Islington Square | 256,684 | 187,414 |
| Baby Point Gates | 77,220 | 59,094 |
| Bayview Leaside | 268,266 | 193,266 |
| Bloor by the Park | 108,113 | 78,606 |
| Bloor West Village | 682,446 | 424,164 |
| Bloordale Village | 240,990 | 147,522 |
| Bloor-Yorkville | 5,050,992 | 4,444,605 |
| Broadview Danforth | 345,448 | 307,658 |
| Cabbagetown | 573,733 | 427,189 |
| Chinatown | 914,636 | 544,180 |
| CityPlace and Fort York | 603,765 | 447,299 |
| College Promenade | 294,942 | 234,252 |
| Corso Italia | 363,454 | 251,440 |
| Crossroads of the Danforth | 320,299 | 197,154 |
| Downtown Yonge | 3,850,425 | 2,995,325 |
| Duke Heights | 3,660,921 | 3,135,318 |
| Fairbank Village | 470,192 | 263,975 |
| Financial District | 1,900,759 | 1,305,554 |
| Forest Hill Village | 239,710 | 196,832 |
| Gerrard India Bazaar | 353,317 | 159,954 |
| Greektown on the Danforth | 1,467,545 | 424,899 |
| Hillcrest Village | 278,575 | 237,373 |
| Junction Gardens | 565,540 | 361,285 |
| Kennedy Road | 283,171 | 256,135 |
| Kensington Market | 232,249 | 185,700 |
| Lakeshore Village | 241,582 | 106,579 |
| Lawrence Ingram Keele | 238,220 | 190,004 |
| Liberty Village | 544,178 | 406,207 |
| Little Italy | 791,718 | 383,522 |
| Little Portugal Toronto | 780,361 | 346,995 |
| Midtown Yonge | 238,788 | 180,084 |
| Mirvish Village | 108,071 | 81,814 |
| Mount Pleasant Village | 430,096 | 233,435 |
| Oakwood Village | 83,926 | 37,929 |
| Regal Heights Village | 136,890 | 22,540 |
| Riverside District | 424,237 | 206,258 |
| Roncesvalles Village | 396,040 | 333,628 |
| St. Clair Gardens | 151,560 | 96,160 |
| St. Lawrence Market Neighbourhood | 2,052,869 | 1,492,205 |
| The Beach | 452,861 | 415,412 |
| The Kingsway | 616,943 | 261,943 |
| The Waterfront | 3,124,287 | 2,090,955 |
| Toronto Downtown West | 4,739,568 | 3,940,240 |
| Uptown Yonge | 398,619 | 250,941 |
| Village of Islington | 261,758 | 164,105 |
| West Queen West | 382,015 | 351,167 |
| Weston Village | 299,727 | 149,600 |
| Wexford Heights | 462,674 | 242,331 |
| Wychwood Heights | 113,678 | 28,678 |
| Yonge Lawrence Village | 286,008 | 240,955 |
| Total | 41,160,066 | 29,719,880 |
Origin
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 a special tax levy on the commercial and industrial properties within the respective BIA boundaries.
There are currently 84 established Business Improvement Areas in the City of Toronto, of which 50 Business Improvement Areas 2023 Operating Budgets are submitted for City Council approval through this report. No City funding is required since the financing of individual Business Improvement Area Operating Budgets is raised by a special levy on the commercial and industrial properties within the respective Business Improvement Area boundaries.
The recommendation in this report reflects the board-adopted 2023 Operating Budgets by the respective Business Improvement Areas’ Boards of Management and General Membership. Complete budgets and supporting documentation have been reviewed by City staff to ensure that the 2023 Operating Budgets for Business Improvement Areas reflect Council’s approved policies and practices.
Background Information
https://www.toronto.ca/legdocs/mmis/2023/ec/bgrd/backgroundfile-230624.pdf
Appendix A - Summary of 2023 Operating Budget by Business Improvement Area
https://www.toronto.ca/legdocs/mmis/2023/ec/bgrd/backgroundfile-230625.pdf
Appendix B - Status of Business Improvement Area 2023 Operating Budget Approvals
https://www.toronto.ca/legdocs/mmis/2023/ec/bgrd/backgroundfile-230626.pdf