Item - 2026.ZB24.2

The Chief Transformation Officer, Toronto Zoo, recommends that the Board of Management of the Toronto Zoo:

1. Approve the 2027 Operating Plan and Budget as described in this report.

2. Direct the Chief Transformation Officer to submit the 2027 Operating Plan and Budget to the City Financial Planning Division as part of the 2027 Budget Process.

This report submits the Toronto Zoo 2027 Operating Plan and Budget for approval. The Policy and Finance Committee reviewed the 2027 Operating Plan and budget on 2026-09-24 and recommended it for approval by the Board.

Approval of the 2027 Operating Plan and Budget will require $13.6 million in net expenditure funding from the City of Toronto. This represents a 1.5 percent increase from the 2026 budget and a -1.8 percent decrease from 2025 actuals. The total gross expenditure is projected at $79.9 million, offset by $66.3 million in revenues and recoveries.