Item - 2024.PA8.14
Tracking Status
- This item was considered by Toronto Parking Authority on March 26, 2024 and was adopted without amendment.
PA8.14 - 2024 Corporate Goals
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Board Decision
The Board of Directors of the Toronto Parking Authority:
1. Approved the 2024 Corporate Goals and performance targets as indicated in the report (March 7, 2024) from the President, Toronto Parking Authority.
2. Directed the President, Toronto Parking Authority, to implement the 2024 Corporate Goals and performance targets for the Short-Term Incentive Plan as indicated in the report (March 7, 2024) from the President, Toronto Parking Authority.
Origin
Summary
The purpose of this report is to provide a recommendation for the 2024 Corporate Goals and performance targets to be utilized in the Toronto Parking Authority's 2024 Short-Term Incentive Program (STIP).
Toronto Parking Authority continues its journey towards becoming the world's premiere provider of sustainable parking, bike share and last-mile mobility experiences. The organization is focused on creating a performance-based culture that consistently delivers sustainable results for its staff, customers, and city stakeholders.
This report provides a recommendation for the 2024 Corporate Goals, including specifics of the performance targets to be incorporated into the Short-Term Incentive Program for 2024.
Background Information
https://www.toronto.ca/legdocs/mmis/2024/pa/bgrd/backgroundfile-244139.pdf