Agenda

This meeting of City Council will be conducted with Members participating in person and remotely and the proceedings of City Council will be conducted publicly.

Notice to people writing to Council: The City of Toronto Act, 2006, and the City of Toronto Municipal Code authorize the City of Toronto to collect any personal information in your communication or presentation to City Council or its committees. The City collects this information to enable it to make informed decisions on the relevant issue(s). If you are submitting letters, faxes, e-mails, presentations or other communications to the City, you should be aware that your name and the fact that you communicated with the City will become part of the public record and will appear on the City’s website. The City will also make your communication and any personal information in it - such as your postal address, telephone number or e-mail address - available to the public, unless you expressly request the City to remove it.

Closed Meeting Requirements: If Council wants to meet in closed session (privately), a Member of Council must place a motion to do so and give the reason why Council has to meet privately (City of Toronto Act, 2006).

February 8, 2024

toronto.ca/council

This agenda and any supplementary materials submitted to the City Clerk can be found online at www.toronto.ca/council. Visit the website for access to all agendas, reports, decisions and minutes of City Council and its committees.

- O Canada

- Moment of Silence

Mayor's Proposed Budget submitted by Mayor Olivia Chow and New Business submitted by City Officials.

Members of Council will declare interests under the Municipal Conflict of Interest Act.

Members of Council may file petitions.

Various presentations and announcements will be made at the City Council meeting.

City Council will review the Order Paper.

2024 OPERATING BUDGET

The Mayor has prepared, for City Council's consideration, the 2024 Operating Budget as follows:

COMMUNITY AND SOCIAL SERVICES

Children's Services

1. The 2024 Operating Budget for Children’s Services of $1,103.5 million gross, $1,009.9 million revenue and $93.6 million net for the following services:

- The 2024 staff complement for Children’s Services comprising 1,018.1 operating positions.

Court Services

2. The 2024 Operating Budget for Court Services of $39.816 million gross, $101.749 million revenue, and $61.933 million net revenue for the following services:

- The 2024 staff complement for Court Services comprising 257.2 operating positions.

Economic Development and Culture

3. The 2024 Operating Budget for Economic Development and Culture of $97.095 million gross, $15.460 million revenue and $81.635 million net for the following services:

- The 2024 staff complement for Economic Development and Culture of 312.6 positions comprising 11.0 capital positions and 301.6 operating positions.

Parks, Forestry and Recreation

4. The 2024 Operating Budget for Parks, Forestry and Recreation of $524.681 million gross, $184.527 million revenue and $340.154 million net for the following services:

- The 2024 staff complement for Parks, Forestry and Recreation of 4,953.04 positions comprising 202.0 capital positions and 4,751.04 operating positions. 

and a further:

a. increase of $2.0 million gross and net, funded from the $10.0 million increase in property tax revenue based on an increase in assessment growth estimate, to provide locally responsive programming for youth in priority neighbourhoods. This new investment should strive to:

- increase the number of community recreation programmers to engage, outreach, and organize recreational and cultural programs;

- increase and further support the Leadership and Employment Readiness Certification Program in order to increase leadership and employment opportunities in roles such as life guards, sports and camp counsellors for youth from these neighborhoods; and

- re-instate hybrid registration to increase youth access to programming though a process that allows registrations in person locally in each new community centre before moving registration online.

Seniors Services and Long-Term Care

5. The 2024 Operating Budget for Seniors Services and Long-Term Care of $387.974 million gross, $308.569 million revenue and $79.405 million net for the following services:

- The 2024 staff complement for Seniors Services and Long-Term Care of 3,612.6 positions comprising 2.0 capital positions and 3,610.6 operating positions.

Social Development, Finance and Administration

6. The 2024 Operating Budget for Social Development, Finance and Administration of $127.974 million gross, $19.034 million revenue, and $108.941 million net for the following services:

- The 2024 staff complement for Social Development, Finance and Administration comprising 341.0 operating positions.

and a further:

a. increase of $0.195 million gross and net to reflect an updated inflationary increase from 3.5 percent to 4.2 percent to the Community Partnership Investment Program (CPIP) grants, funded from the $10.0 million increase in property tax revenue based on an increase in assessment growth estimate; and

b. increase of $0.600 million gross and net to provide ongoing support to community safety and well-being that furthers impactful, collaborative frontline services delivered by agencies in Toronto's priority neighborhoods (administered via CPIP), funded from the $10.0 million increase in property tax revenue based on an increase in assessment growth estimate.

Toronto Employment and Social Services

7. The 2024 Operating Budget for Toronto Employment and Social Services of $1,197.631 million gross, $1,117.134 million revenue and $80.498 million net for the following services:

- The 2024 staff complement for Toronto Employment and Social Services comprising 1,843 operating positions.

Toronto Fire Services

8. The 2024 Operating Budget for Toronto Fire Services of $540.360 million gross, $22.329 million revenue and $518.031 million net for the following services:

- The 2024 staff complement for Toronto Fire Services of 3,327.3 positions comprising 1.0 capital position and 3,326.3 operating positions.

Toronto Paramedic Services

9. The 2024 Operating Budget for Toronto Paramedic Services of $343.888 million gross, $232.123 million revenue and $111.765 million net for the following services:

- The 2024 staff complement for Toronto Paramedic Services of 1,949.5 positions comprises 5.0 capital positions and 1,944.5 operating positions.

Toronto Shelter and Support Services

10. The 2024 Operating Budget for Toronto Shelter and Support Services of $787.487 million gross, $299.944 million revenue, and $487.543 million net for the following services:

- The 2024 staff complement for Toronto Shelter and Support Services comprising 1,255.5 operating positions.

and a further:

a. increase of $1.413 million gross and net, funded from the $10.0 million increase in property tax revenue based on an increase in assessment growth estimate, to provide increased funding to Drop-In Centres.

INFRASTRUCTURE SERVICES

Engineering and Construction Services

11. The 2024 Operating Budget for Engineering and Construction Services of $86.832 million gross, $85.608 million revenue and $1.224 million net for the following services:

- The 2024 staff complement for Engineering and Construction Services of 685.1 positions comprised 501.65 capital positions and 183.45 operating positions.

Municipal Licensing and Standards

12. The 2024 Operating Budget for Municipal Licensing and Standards of $75.729 million gross, $49.449 million revenue, and $26.280 million net for the following services:

- The 2024 staff complement for Municipal Licensing and Standards of 610.5 positions comprising 607.5 operating positions and 3.0 capital positions.

and a further:

a. increase of $0.854 million gross and $0 net, and 9.0 operating positions (including 8.0 By-law Enforcement Officer and 1.0 Supervisor) to the RentSafeTO team, fully offset by an increase in the per unit registration fee of $4.48 (for a total of $20.5 per unit) from landlords on a full cost recovery basis associated with the RentSafeTO program.

Policy, Planning, Finance and Administration

13. The 2024 Operating Budget for Policy, Planning, Finance and Administration of $21.310 million gross, $15.815 million revenue and $5.495 million net for the following services:

- The 2024 staff complement for Policy, Planning, Finance and Administration of 181.1 positions comprising 10.0 capital positions and 171.1 operating positions.

Solid Waste Management Services

14. The 2024 Operating Budget for Solid Waste Management Services of $409.054 million gross expenditures, $424.579 million revenue, and $15.525 million net for the following services:

- The above includes a 2024 budgeted staff complement for Solid Waste Management Services of 1,187.3 positions comprising 76.0 capital position and 1,111.3 operating positions.

Toronto Emergency Management

15. The 2024 Operating Budget for Toronto Emergency Management of $6.385 million gross, $1.407 million revenue and $4.979 million net for the following services:

- The 2024 staff complement for Toronto Emergency Management consists of 37.0 operating positions.

Toronto Water

16. The 2024 Operating Budget for Toronto Water of $507.949 million gross, $1,548.333 million revenue and $1,040.384 million net for the following services:

- The 2024 staff complement for Toronto Water of 1,918.3 positions comprising 140.0 capital positions and 1,778.3 operating positions.

Transit Expansion

17. The 2024 Operating Budget for Transit Expansion of $11.467 million gross, $9.041 million revenue and $2.426 million net for the following services:

- The 2024 staff complement for Transit Expansion of 70.0 positions comprised 14.7 capital positions and 55.3 operating positions.

Transportation Services

18. The 2024 Operating Budget for Transportation Services of $476.756 million gross, $226.870 million revenue and $249.885 million net for the following services:

- The 2024 staff complement for Transportation Services of 1,541.0 positions comprising 209.4 capital positions and 1,331.6 operating positions.

DEVELOPMENT AND GROWTH SERVICES

City Planning

19. The 2024 Operating Budget for City Planning of $73.646 million gross, $63.695 million revenue and $9.951 million net for the following services:

- The 2024 staff complement for City Planning of 557.0 positions comprising 14.1 capital positions and 542.9 operating positions.

Housing Secretariat, and Toronto Community Housing Corporation and Toronto Seniors Housing Corporation Subsidy

20. The 2024 Operating Budget for the Housing Secretariat of $999.582 million gross, $507.964 million revenue and $491.618 million net, inclusive of Toronto Community Housing Corporation and Toronto Seniors Housing Corporation, for the following services:

- The 2024 staff complement for the Housing Secretariat of 268 positions, comprising 16 capital positions and 252 operating positions.

and a further:

a. increase of $0.933 million gross and net, and 5.0 operating positions, funded from the $10.0 million increase in property tax revenue based on an increase in assessment growth estimate to enhance the service delivery of the Eviction Prevention in Community (EPIC) Program;

b. increase of $0.303 million gross and net, funded from the $10.0 million increase in property tax revenue based on an increase in assessment growth estimate to enhance the Tenant Support Program;

c. increase of $1.0 million gross and net, funded from the $10.0 million increase in property tax revenue based on an increase in assessment growth estimate to expand the eligibility of Rent Bank funding; and

d. increase of $41.0 million gross and $10.0 million net, with $21.0 million funded from the federal Housing Accelerator Fund, $10.0 million funded from the provincial Building Faster Fund, in addition to a one-time offset of $10.0 million from CreateTO dividend budgeted in Non-Program Revenues, toward the Multi-Unit Residential Acquisition (MURA) Program, resulting in zero impact to property tax revenues.

Toronto Building

21. The 2024 Operating Budget for Toronto Building of $82.676 million gross, $98.823 million revenue and ($16.147) million net revenue for the following services:

- The 2024 staff complement for Toronto Building of 572.0 operating positions.

CORPORATE SERVICES

Corporate Real Estate Management

22. The 2024 Operating Budget for Corporate Real Estate Management of $217.609 million gross, $96.073 million revenue and $121.535 million net for the following services:

- The 2024 staff complement for Corporate Real Estate Management of 1,047.4 positions comprising 102.5 capital positions and 944.9 operating positions.

Customer Experience

23. The 2024 Operating Budget for Customer Experience of $24.505 million gross, $9.985 million revenue, and $14.520 million net for the following services:

- The 2024 staff complement for Customer Experience of 201.0 positions comprising 20.0 capital positions and 181.0 operating positions.

Environment and Climate

24. The 2024 Operating Budget for Environment and Climate of $21.299 million gross, $6.910 million revenue and $14.389 million net for the following services:

- The above includes 2024 staff complement for Environment and Climate of 108.6 positions comprised entirely of operating positions.

Fleet Services

25. The 2024 Operating Budget for Fleet Services of $74.535 million gross, $39.543 million revenue, and $34.992 million net for the following services:

- The 2024 staff complement for Fleet Services of 206.0 positions comprising 206.0 operating positions.

Office of the Chief Information Security Officer

26. The 2024 Operating Budget for Office of the Chief Information Security Officer of $33.873 million gross and $33.873 million net for the following services:

- The 2024 staff complement of 84.0 positions comprised 84.0 operating positions.

Technology Services

27. The 2024 Operating Budget for Technology Services of $175.565 million gross, $48.407 million revenue, and $127.159 million net for the following services:

- The 2024 staff complement for Technology Services of 811.0 positions comprising 160.0 capital positions and 651.0 operating positions.

FINANCE AND TREASURY SERVICES

Office of the Chief Financial Officer and Treasurer

28. The 2024 Operating Budget for the Office of the Chief Financial Officer and Treasurer of $20.626 million gross, $6.185 million revenue and $14.441 million net for the following services:

- The 2024 staff complement for the Office of the Chief Financial Officer and Treasurer of 135.0 positions comprising 12.0 capital positions and 123.0 operating positions.

Office of the Controller

29. The 2024 Operating Budget for Office of the Controller of $108.069 million gross, $62.571 million revenue and $45.498 million net for the following services:

- The 2024 staff complement for Office of the Controller of 837.0 positions comprising 135.0 capital positions and 702.0 operating positions.

CITY MANAGER AND OTHER CITY PROGRAMS

City Clerk's Office

30. The 2024 Operating Budget for City Clerk’s Office of $53.893 million gross, $17.143 million revenue and $36.750 million net for the following services:

- The 2024 staff complement for City Clerk’s Office of 365.5 positions comprising 15.9 capital positions and 349.6 operating positions.

City Council

31. The 2024 Operating Budget for City Council of $25.789 million gross, $0.422 million revenue and $25.368 million net:

City Manager's Office

32. The 2024 Operating Budget for the City Manager’s Office of $91.553 million gross, $26.329 million revenue and $65.224 million net for the following services:

- The 2024 staff complement for the City Manager’s Office of 553.0 positions comprising 2.0 capital positions and 551.0 operating positions.

and a further:

a. increase of $0.440 million gross and net, and 1.0 operating position, funded from the $10.0 million increase in property tax revenue based on an increase in assessment growth estimate, to improve City-wide consultations, public engagement strategy and necessary technology solutions including software and engagement portal development.

Legal Services

33. The 2024 Operating Budget for Legal Services of $68.591 million gross, $28.403 million revenue and $40.189 million net for the following services:

- The 2024 staff complement for Legal Services of 430.0 positions comprising 26.0 capital positions and 404.0 operating positions.

Office of the Mayor

34. The 2024 Operating Budget for the Office of the Mayor of $3.009 million gross and net:

ACCOUNTABILITY OFFICES

Office of the Auditor General

35. The 2024 Operating Budget for the Auditor General’s Office of $7.991 million gross and $7.991 million net for the following:

- The 2024 staff complement for the Auditor General’s Office of 44.0 positions, comprising 44.0 operating positions.

Office of the Integrity Commissioner

36. The 2024 Operating Budget for the Office of the Integrity Commissioner of $0.807 million gross, $0.100 million revenue and $0.707 million net:

- The 2024 staff complement for the Office of the Integrity Commissioner of 3.0 positions comprising 0.0 capital positions and 3.0 operating positions.

Toronto Lobbyist Registrar

37. The 2024 Operating Budget for the Toronto Lobbyist Registrar of $1.381 million gross and net:

- The 2024 staff complement for the Toronto Lobbyist Registrar of 8.3 positions comprising 0.0 capital positions and 8.3 operating positions.

Ombudsman Toronto

38. The 2024 Operating Budget for Ombudsman Toronto of $3.792 million gross and net:

- The 2024 staff complement for Ombudsman Toronto of 24.0 positions comprising 0.0 capital positions and 24.0 operating positions.

AGENCIES

CreateTO

39. The 2024 Operating Budget for CreateTO of $18.463 million gross, $18.463 million revenue and $0.0 million net for the following services:

- The 2024 staff complement for CreateTO of 84.0 positions is comprised entirely of operating positions.

Exhibition Place

40. The 2024 Operating Budget for Exhibition Place of $66.465 million gross, $65.665 million revenue and $0.800 million net for the following services:

- The 2024 union and non-union staff complement for Exhibition Place of 356.0 positions comprising 7.0 capital position and 349.0 operating positions.

Heritage Toronto

41. The 2024 Operating Budget for Heritage Toronto of $1.336 million gross, $0.697 million revenue and $0.639 million net for the following services:

The 2024 staff complement for Heritage Toronto comprising 9.25 operating positions.

TO Live

42. The 2024 Operating Budget for TO Live of $42.531 million gross, $36.932 million revenue and $5.599 million net for the following service:

- The 2024 staff complement for TO Live of 238.1 positions is comprising 13.0 capital positions and 225.1 operating positions.

Toronto and Region Conservation Authority

43. The 2024 Operating Budget for Toronto and Region Conservation Authority of $11.394 million gross, $5.743 million revenue, and $5.651 million net for the following services:

Toronto Atmospheric Fund

44. The 2024 Operating Budget for Toronto Atmospheric Fund of $11.358 million gross, $11.358 million revenue and $0.0 million net for the following services:

- The 2024 staff complement for Toronto Atmospheric Fund of 38 positions is comprised entirely of operating positions.

Toronto Parking Authority

45. The 2024 Operating Budget for Toronto Parking Authority of $130.601 million gross, $162.522 million revenue, and $31.921 million net revenue for the following services:

- The 2024 staff complement for Toronto Parking Authority is comprising 326.5 positions.

Toronto Police Service

46. The 2024 Operating Budget for Toronto Police Service of $1,348.9 million gross, $175.0 million revenue and $1,173.9 million net for the following services:

- The 2024 staff complement for Toronto Police Service of 8,098 positions subject to any changes approved by the Board as part of the unspecified reduction.

Toronto Police Services Board

47. The 2024 Operating Budget for the Toronto Police Services Board of $3.421 million gross, $1.066 million revenue and $2.355 million net for the following services:

- The 2024 staff complement for Toronto Police Services Board comprises of 10.5 operating positions.

Toronto Police Services Parking Enforcement Unit

48. The 2024 Operating Budget for Toronto Police Service Parking Enforcement of $52.839 million gross, $1.498 million revenue and $51.341 million net for the following services:

- The 2024 staff complement for the Toronto Parking Enforcement Unit comprises of 394.0 operating positions.

Toronto Public Health

49. The 2024 Operating Budget for Toronto Public Health of $278.883 million gross, $201.175 million revenue and $77.709 million net for the following services:

 - The 2024 staff complement for Toronto Public Health of 1,881.0 positions comprising 7.0 capital positions and 1,874.0 operating positions.

Toronto Public Library

50. The 2024 Operating Budget for Toronto Public Library of $252.052 million gross, $21.579 million revenue and $230.473 million net for the following services:

- The 2024 staff complement for Toronto Public Library of 1,900.2 positions comprising 5.0 capital positions and 1,895.2 operating positions.

and a further:

a. increase of $0.241 million gross and net, and 6.0 operating positions, funded from the $10.0 million increase in property tax revenue based on an increase in assessment growth estimate to support the addition of 3 new Youth Hubs in 2024.

Toronto Transit Commission

51. The 2024 Operating Budget for Toronto Transit Commission of $2.568 billion gross, $1.337 billion revenue and $1.231 billion net for the following services:

- The 2024 staff complement for the Toronto Transit Commission of 17,508 positions comprising 3,086 capital positions and 14,422 operating positions.

Toronto Zoo

52. The 2024 Operating Budget for Toronto Zoo of $64.302 million gross, $51.362 million revenue and $12.940 million net for the following services:

- The 2024 staff complement for the Toronto Zoo comprising 454.2 operating positions.

Yonge-Dundas Square

53. The 2024 Operating Budget for Yonge-Dundas Square of $3.685 million gross, $2,175 million revenue and $1.510 million net for the following services:

- The 2024 staff complement for Yonge-Dundas Square of 8.0 operating positions.

Corporate Accounts

54. The 2024 Operating Budget for Corporate Accounts of $2.307 billion gross, $2.914 billion revenue and $0.608 billion net revenue comprising the following accounts:

- one-time funding of $33.580 million in 2024 to fund one-time costs in Toronto Community Housing Corporation not expected to recur in future years

- the contribution of $315.089 million to the City Building Reserve Fund from the dedicated City Building levy for priority transit and housing capital projects

- the contribution of $40.699 million to the Scarborough Transit Reserve Fund from the dedicated special property tax levy, in support of commitments to transit investments

- the contributions and withdrawals to / from reserves in Corporate Accounts as indicated in Appendix 1

- funding for the continuation of the existing Solid Waste Rebates for Low Income Seniors, Disabled and Multi-Residential customers

- the 2024 operating budget for Parking Tag Operations as set out in Briefing Note 4 – 2024 Operating Budget Briefing Note – Parking Tags Enforcement and Operations attached as background to BU6.1

- the 2024 staff complement for Parking Tag Operations of 394.0 operating positions

- the 2024 staff complement for Association of Community Centres of 91.0 operating positions

- the 2024 staff complement for Arena Boards of Management of 68.0 operating positions

and a further

a. one-time withdrawal from the Tax Stabilization Reserve Fund in the amount of $42.2 million to offset a decrease in property tax revenue.

b. added expenditures totalling $10.0 million gross and $0 net, fully funded by the Tax Stabilization Reserve Fund for:

1. increase of $1.0 million gross and $0 net, for added investments toward public space and beautification including pot hole repair, benches, waste receptacles, picnic tables, shade structures, and portable washrooms at parks across the city;

2. increase of $5.125 million gross and $0 net for Non-Program Expenditures related to 2024 emergent budget priorities; and

3. contribution of $3.875 million gross and $0 net to the Budget Bridging and Balancing Reserve to support 2025 bridging requirements.

c. increase of $10.0 million in Non-Program Revenues to reflect the assessment growth estimate based on the final review of assessment roll, with corresponding expenditure increases in the following budgets:

1. $2.0 million gross and net for Parks, Forestry and Recreation outlined in Part 4a above;

2. $0.795 million gross and net for Social Development, Finance and Administration outlined in Part 6a and 6b above;

3. $1.413 million gross and net for Toronto Shelter and Support Services outlined in Part 10a above;

4. $2.236 million gross and net for Housing Secretariat outlined in Part 20a, 20b, and 20c above;

5. $0.440 million gross and net for City Manager’s Office outlined in Recommendation 32a above;

6. $0.241 million gross and net for Toronto Public Library outlined in Part 50a above; and

7. increase of $2.875 million gross and net for Non-Program Expenditures related to 2024 emergent budget priorities.

d. increase of $30.0 million in Non-Program Revenues to reflect a special one-time dividend from the CreateTO, with corresponding one-time expenditure increase or revenue offset in the following budgets:

1. a contribution of $14.690 million to the Budget Bridging and Balancing Reserve to support 2025 bridging requirements;

2. an added investment of $10.0 million toward Multi-Unit Residential Acquisition outlined in Part 20d above; and

3. a reduction of $5.310 million in the property tax revenue; and

e. decrease to the City Building Reserve Fund contribution of $1.015 million from the dedicated City Building levy revenues.

2024-2033 CAPITAL BUDGET AND PLAN

The Mayor has prepared, for City Council's consideration, the 2024-2033 Capital Budget and Plan, noting that all sub-projects with third party financing are subject to the receipt of such financing in 2024 and if such funding is not forthcoming, their priority and funding will need to be reassessed by City Council relative to other City-financed priorities and needs, as follows:

COMMUNITY AND SOCIAL SERVICES

Children's Services

55. The 2024 Capital Budget for Children’s Services with cash flows and future year commitments totaling $106.554 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Children's Services.

56. The 2025-2033 Capital Plan for Children’s Services totalling $13.596 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Children's Services.

Economic Development and Culture

57. The 2024 Capital Budget for Economic Development and Culture with cash flows and future year commitments totaling $43.677 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Economic Development and Culture.

58. The 2025-2033 Capital Plan for Economic Development and Culture totalling $143.391 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Economic Development and Culture.

Parks, Forestry and Recreation

59. The 2024 Capital Budget for Parks, Forestry and Recreation with cash flows and future year commitments totaling $1,671.368 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Parks, Forestry and Recreation.

60. The 2025-2033 Capital Plan for Parks, Forestry and Recreation totalling $1,914.535 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Parks, Forestry and Recreation.

and a further

a. overall increase to the 2024-2033 Capital Budget and Plan of $4.5 million in 2024, and $15.5 million in 2025, to be funded by the Capital Financing Reserve (XQ0011), with funds available from initial upload of Gardiner Expressway and Don Valley Parkway, for additional cash flow funding of $4.5 million in 2024 and $15.5 million in 2025, for a total of $20.0 million in project cost, for various outdoor recreation (e.g. cricket and pickleball) and amenity improvements (e.g. drinking fountains, water bottle filling stations, and pool, state of good repair). 

Seniors Services and Long-Term Care

 61. The 2024 Capital Budget for Seniors Services and Long-Term Care with cash flows and future year commitments totaling $217.425 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Seniors Services and Long Term Care.

62. The 2025-2033 Capital Plan for Seniors Services and Long-Term Care totalling $85.318 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Seniors Services and Long Term Care.

Toronto Fire Services

63. The 2024 Capital Budget for Toronto Fire Services with cash flows and future year commitments totaling $40.395 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Toronto Fire Services.

64. The 2025-2033 Capital Plan for Toronto Fire Services totalling $29.100 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Toronto Fire Services.

Toronto Paramedic Services

65. The 2024 Capital Budget for Toronto Paramedic Services with cash flows and future year commitments totaling $126.104 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Toronto Paramedic Services.

66. The 2025-2033 Capital Plan for Toronto Paramedic Services totalling $76.862 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Toronto Paramedic Services.

Toronto Shelter and Support Services

67. The 2024 Capital Budget for Toronto Shelter and Support Services with cash flows and future year commitments totaling $693.616 million as detailed by project in Appendix 6a to the 2024 Capital and Operating Budget Notes for Toronto Shelter and Support Services.

68. The 2025-2033 Capital Plan for Toronto Shelter and Support Services totalling $44.295 million in project estimates as detailed by project in Appendix 6b to the 2024 Capital and Operating Budget Notes for Toronto Shelter and Support Services.

INFRASTRUCTURE SERVICES

Solid Waste Management Services

69. The 2024 Capital Budget for Solid Waste Management Services with cash flows and future year commitments totaling $747.378 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Solid Waste Management Services.

70. The 2025-2033 Capital Plan for Solid Waste Management Services totalling $622.185 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Solid Waste Management Services.

Toronto Water

71. The 2024 Capital Budget for Toronto Water with cash flows and future year commitments totaling $9,392.381 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Toronto Water.

72. The 2025-2033 Capital Plan for Toronto Water totalling $6,797.525 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Toronto Water.

Transit Expansion

73. The 2024 Capital Budget for Transit Expansion with cash flows and future year commitments totaling $837.886 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Transit Expansion.

Transportation Services

74. The 2024 Capital Budget for Transportation Services with cash flows and future year commitments totaling $4.300 billion as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Transportation Services.

75. The 2025-2033 Capital Plan for Transportation Services totalling $1.444 billion in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Transportation Services.

and a further:

a. overall increase to the 2024-2033 Capital Budget and Plan of $6.0 million in 2024, and $24.00 million in 2025, to be funded by the Capital Financing Reserve (XQ0011), with funds available from initial provincial upload of Gardiner Expressway and Don Valley Parkway for the following capital projects:

1. additional cash flow funding and project cost of $1.0 million in 2024 for Critical Interim Road Repair Capital Program to address localized deteriorated road condition; and

2. additional cash flow funding of $5.0 million in 2024 and $24.0 million in 2025, for a total of $29.0 million in project cost, for road surfacing and reconstruction as part of the Local Road Rehabilitation Program to reduce the growing state of good repair backlog.

Waterfront Revitalization Initiative

76. The 2024 Capital Budget for Waterfront Revitalization Initiative with cash flows and future year commitments totaling $333.162 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Waterfront Revitalization Initiative.

77. The 2025-2033 Capital Plan for Waterfront Revitalization Initiative totalling $40.000 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Waterfront Revitalization Initiative.

DEVELOPMENT AND GROWTH SERVICES

78. The 2024 Capital Budget for City Planning with cash flows and future year commitments totaling $12.631 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for City Planning.

79. The 2025-2033 Capital Plan for City Planning totalling $48.257 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for City Planning.

Housing Secretariat

80. The 2024 Capital Budget for the Housing Secretariat and for Toronto Community Housing Corporation and Toronto Seniors Housing Corporation, with cash flows and future year commitments, totaling $2,394.233 million, as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Housing Secretariat. 

CORPORATE SERVICES

Corporate Real Estate Management

81. The 2024 Capital Budget for Corporate Real Estate Management with cash flows and future year commitments totaling $1,056.5 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Corporate Real Estate Management.

82. The 2025-2033 Capital Plan for Corporate Real Estate Management totalling $393.5 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Corporate Real Estate Management.

Customer Experience

83. The 2024 Capital Budget for Customer Experience with cash flows and future year commitments totaling $4.441 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Customer Experience.

84. The 2025-2033 Capital Plan for Customer Experience totalling $3.115 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Customer Experience.

Environment and Climate

85. The 2024 Capital Budget for Environment and Climate with cash flows and future year commitments totaling $46.099 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Environment and Climate.

86. The 2025-2033 Capital Plan for Environment and Climate totalling $247.500 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Environment and Climate.

Fleet Services

87. The 2024 Capital Budget for Fleet Services with cash flows and future year commitments totaling $415.645 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Fleet Services.

88. The 2025-2033 Capital Plan for Fleet Services totalling $969.935 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Fleet Services.

Office of the Chief Information Security Officer

89. The 2024 Capital Budget for the Office of the Chief Information Security Officer with cash flows and future year commitments totaling 28.109 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for the Office of the Chief Information Security Officer.

Technology Services

90. The 2024 Capital Budget for Technology Services with cash flows and future year commitments totaling $371.485 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for the Technology Services.

91. The 2025-2033 Capital Plan for Technology Services totalling $9.215 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for the Technology Services.

FINANCE AND TREASURY SERVICES

Office of the Chief Financial Officer and Treasurer

92. The 2024 Capital Budget for the Office of the Chief Financial Officer and Treasurer with cash flows and future year commitments totaling $1.842 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for the Office of the Chief Financial Officer and Treasurer.

93. The 2025-2033 Capital Plan for the Office of the Chief Financial Officer and Treasurer totalling $1.200 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for the Office of the Chief Financial Officer and Treasurer.

Office of the Controller

94. The 2024 Capital Budget for Office of the Controller with cash flows and future year commitments totaling $123.594 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for the Office of the Controller.

95. The 2025-2033 Capital Plan for Office of the Controller totalling $10.950 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for the Office of the Controller.

CITY MANAGER AND OTHER CITY PROGRAMS

City Clerk's Office

96. The 2024 Capital Budget for City Clerk’s Office with cash flows and future year commitments totaling $7.018 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for City Clerk’s Office.

97. The 2025-2033 Capital Plan for City Clerk’s Office totalling $23.770 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for City Clerk’s Office.

ACCOUNTABILITY OFFICES

Toronto Lobbyist Registrar

98. The 2024 Capital Budget for the Toronto Lobbyist Registrar with cash flows and future year commitments totalling $1.0 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Toronto Lobbyist Registrar.

99. The 2025-2033 Capital Plan for the Toronto Lobbyist Registrar totalling $1.0 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Toronto Lobbyist Registrar.

Ombudsman Toronto

100. The 2025-2033 Capital Plan for Ombudsman Toronto totalling $1.5 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Ombudsman Toronto.

AGENCIES

Exhibition Place

101. The 2024 Capital Budget for Exhibition Place with cash flows and future year commitments totaling $52.664 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Exhibition Place.

102. The 2025-2033 Capital Plan for Exhibition Place totalling $196.681 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Exhibition Place.

TO Live

103. The 2024 Capital Budget for TO Live with cash flows and future year commitments totaling $42.119 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for TO Live.

104. The 2024-2033 Capital Plan for TO Live totalling $102.689 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for TO Live.

Toronto and Region Conservation Authority

105. The 2024 Capital Budget for Toronto and Region Conservation Authority with cash flows and future year commitments totaling $22.685 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Toronto and Region Conservation Authority.

106. The 2025-2033 Capital Plan for Toronto and Region Conservation Authority totalling $193.995 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Toronto and Region Conservation Authority.

Toronto Parking Authority

107. The 2024 Capital Budget for Toronto Parking Authority with cash flows and future year commitments totaling $387.135 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Toronto Parking Authority.

Toronto Police Service

108. The 2024 Capital Budget for the Toronto Police Service with cash flows and future year commitments totaling $169.564 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Toronto Police Service.

109. The 2025-2033 Capital Plan for the Toronto Police Service totalling $695.314 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Toronto Police Service.

Toronto Public Health

110. The 2024 Capital Budget for Toronto Public Health with cash flows and future year commitments totaling $7.508 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Toronto Public Health.

111. The 2025-2033 Capital Plan for Toronto Public Health totalling $16.189 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Toronto Public Health.

Toronto Public Library

112. The 2024 Capital Budget for Toronto Public Library with cash flows and future year commitments totaling $179.424 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Toronto Public Library.

113. The 2025-2033 Capital Plan for Toronto Public Library totalling $385.983 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Toronto Public Library.

Toronto Transit Commission

114. The 2024 Capital Budget for the Toronto Transit Commission with cash flows of $1.369 billion and future year commitments of $8.771 billion, totaling $10.140 billion as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Toronto Transit Commission.

115. The 2025-2033 Capital Plan for the Toronto Transit Commission totalling $2.258 billion in project estimates as detailed by project in 5b to the 2024 Capital and Operating Budget Notes for Toronto Transit Commission.

and a further:

a. reallocation within the Toronto Transit Commission’s 2024-2033 Capital Budget and Plan totalling $67.900 million for the Line 3 Scarborough Rapid Transit (SRT) Busway to be funded from permanent savings of $12.200 million from the SRT Life Extension/Transition project and $55.700 million from property acquisition funding reflected within the Line 1 Capacity Enhancement project, based on 60 percent design stage gate estimate and to be funded from recoverable debt, with the expectation that city staff will work with the Toronto Transit Commission on further funding requirements that may be necessary once the design reaches 100 percent and a final cost for the project is established.

Toronto Zoo

116. The 2024 Capital Budget for Toronto Zoo with cash flows and future year commitments totaling $76.384 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Toronto Zoo.

117. The 2025-2033 Capital Plan for Toronto Zoo totalling $132.168 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Toronto Zoo.

Yonge-Dundas Square

118. The 2024 Capital Budget for Yonge-Dundas Square with cash flows and future year commitments totaling $0.440 million as detailed by project in Appendix 5a to the 2024 Capital and Operating Budget Notes for Yonge-Dundas Square.

119. The 2025-2033 Capital Plan for Yonge-Dundas Square totalling $0.418 million in project estimates as detailed by project in Appendix 5b to the 2024 Capital and Operating Budget Notes for Yonge-Dundas Square.

Corporate Initiatives

120. The 2024 Capital Budget for Corporate Initiatives with cash flows and future year commitments totaling $0.561 million representing carry forward amounts from prior years.

OPERATING BUDGET FUNDING SOURCES

121. The Mayor's Proposed 2024 Operating Budget of $17.10 billion is to be funded by funding sources described in the table below:

CAPITAL BUDGET AND PLAN FUNDING SOURCES

122. The Mayor's Proposed 2024-2033 Capital Budget and Plan of $49.80 billion is to be funded by funding source described in the table below:

**The 2024-2033 Capital Budget and Plan includes $1.9 billion for the F.G. Gardiner and the Don Valley Parkway while the provincial due diligence process is underway.

Section 226.14 (2) of the City of Toronto Act, 2006, provides that the Mayor shall, in accordance with the regulations, prepare a proposed budget for the City and provide the proposed budget to City Council for City Council’s consideration. This report fulfills this requirement.

The Mayor’s budget protects the services that people rely on. It makes critical investments in housing, transit, community safety and getting the basics right, like fixing roads and parks. It is a step towards building the city that thousands of Torontonians have told us they want and deserve. The Mayor’s 2024 Budget gets the City back on track.

At the same time, the budget responsibly addresses the $1.8 billion opening pressure, delivering $620 million through reductions and offsets. While this unprecedented shortfall reflects the heavy costs incurred during the pandemic, it also reflects the end result of a financial strategy that papered over prior budget shortfalls.

The budget includes new investments to build the Scarborough Busway along the rapid transit corridor, bringing fairness to Scarborough transit riders. It freezes Toronto Transit Commission fares, increases service and hires more workers to keep subway stations safe. It includes more protection for renters by funding the Multi-Unit Residential Acquisition program (MURA), as well as critical programs like Eviction Prevention in Community, the Rent Bank, RentSafe and the Tenant Support Program. The budget invests in community safety through a caring lens, creating more youth programs, and providing more grants for violence prevention. It also invests in emergency services, hiring hundreds of firefighters, paramedics, police officers and expanding the Toronto Community Crisis Service so trained crisis workers are available to provide the right support to people in crisis, in every corner of the City.

On the capital side, the Mayor’s budget introduces the Back on Track Fund to fix what’s broken in communities, like roads, community centres and parks. This budget will also accelerate already planned capital investments in city infrastructure such as new community centres and child care centres, so they are delivered to Torontonians sooner.

Continued partnership with the Government of Canada and the Province of Ontario is critical. When all orders of government work together, we can deliver more for people. The historic New Deal will provide billions in operating and capital funds. Federal investment through the Housing Accelerator Fund will enable tens of thousands of new housing units over the coming years.

The Mayor's Proposed 2024 Tax and Rate Supported Operating Budget is $17.096 billion gross and $5.304 billion net. The Mayor's Proposed Tax and Rate Supported 2024-2033 Capital Budget and Plan is $49.796 billion gross and $6.616 billion debt. The Capital Budget and Plan focuses on investments in Transit Funding ($13.0 billion), Transportation ($5.7 billion), and Housing ($3.2 billion plus a further $5.3 billion provided through foregone revenues and land incentives); and includes investments such as the purchase of 55 new subway trains as part of the New Deal, focuses on climate mitigation and adaptation actions aimed at reducing approximately 75,000 tonnes of carbon dioxide across all capital projects, and reduction of State of Good Repair backlog with an additional $1.8 billion increase in spending over the next 10 years.

The Mayor's proposed Operating Budget is not consistent with the Staff Prepared budget and reflects the following changes:

• Reduction to the proposed residential property tax increase from 9 percent to 8 percent, including revised estimates for assessment growth and a reduction to Multi-Residential rate.
• Increase in Community Safety Grants (CPIP) funding.
• Additional support for housing initiatives such as Tenant Support program, EPIC funding, Rent Bank funding, RentSafe staffing levels and Multi-Unit Residential Acquisition Program (MURA).
• Increase in funding for shelter's Drop-in Centers.
• Addition of three Youth Hubs in Libraries.
• Public Space and Beautification, including increased funding for Parks, Forestry and Recreation with the focus on recreation services.
• Increases to the Capital Budget with funds from the initial upload of Gardiner Expressway and Don Valley Parkway to invest in state of good repair.
• Unlocking funds to move forward with the Scarborough Rapid Transit Busway.

• Establishment of Emergent Budget Priorities funding from additional revenue identified as part of 2023 Supplementary Taxes above budget performance and revised estimates from final assessment growth.

The Mayor has prepared the 2024 Operating Budget of $17.096 billion gross and $5.304 billion net based on estimates of revenues as follows:

* The suggested change to the Multi-Residential rate will a direct impact on the amount collected from City Building Fund levy, resulting in a reduction of $1.015 million to the total City Building Fund revenue that was not part of staff prepared budget.

The Mayor has prepared the 2024 Tax and Rate Supported Capital Budget and Plan of $49.796 billion gross and $6.615 billion debt based on estimates as follows:

**The 2024-2033 Capital Budget and Plan includes $1.9 billion for the F.G. Gardiner and the Don Valley Parkway while the provincial due diligence process is underway.

The Chief Financial Officer and Treasurer recommends that:

2024 PROPERTY TAX RATES AND RELATED MATTERS

1. In respect of calculations to establish 2024 tax rates and tax ratios, City Council elect, for the purposes of determining the notional tax rates, to raise the previous year's levies to adjust the total assessment for property in a property class so that the assessment excludes changes to the tax roll for the previous year resulting from eligible assessment-related losses from prior years, in accordance with an election under subsection 19 (4) of O. Reg. 121/07 to make subsections 19 (4.2), (4.3) and (4.4) apply.

2. City Council adopt the 2024 tax ratios shown in Column II for each of the property classes set out below in Column I:

3. City Council elect to raise the tax rates as follows:

a. on the restricted property classes:

1. on the Commercial Property Classes, by one-half of the percentage tax rate increase on the residential (and new multi-residential, pipelines, farmlands, and managed forests) property class,

b. on the unrestricted property classes:

1. on the Multi-Residential Property Classes, by 37 percent of the percentage tax rate increase on the residential (and new multi-residential, pipelines, farmlands, and managed forests) property class; and

2. on the Industrial Property Classes, by the full tax rate increase on the residential (and new multi-residential, pipelines, farmlands, and managed forests) property class.

4. City Council adopt the following tax rates to raise the property tax revenue set out in the 2024 Mayor’s Proposed Budget (MPB15.1):

a. the tax rates set out below in Column IV, which will raise a general local municipal tax levy for 2024 of $5,596,396,426, inclusive of an 8.0 percent residential, new multi-residential, industrial, pipeline, farmlands and managed forest tax rate increase, a 4.0 percent commercial, and a 2.95 percent multi-residential tax rate increase; and

b. the additional tax rates set out below in Column V, which will raise an additional special general tax levy of $62,312,866 dedicated for priority transit and housing capital projects (the "City’s Building Fund levy"), in accordance with previously adopted Council policy.

5. City Council elect to have the subclasses set out in Column II for each of the property classes set out in Column I apply for the 2024 taxation year, and to apply the respective tax rate reductions set out in Column III below.

6. City Council determine that the 2024 Non-Program Tax Account for Rebates to Charities in the Commercial and Industrial Property Classes be set in the amount of $5,540,996 to fund the mandatory 2024 property tax rebates to registered charities in the commercial and industrial property classes, which provision is to be funded, for a net impact on the 2024 operating budget of zero, by the following:

a. an additional tax rate of 0.004478 percent be levied as part of the general local municipal levy on the commercial class to raise a further additional local municipal tax levy of $5,522,211 to fund the total estimated rebates to registered charities for properties in the commercial class in 2024; and

b. an additional tax rate of 0.000234 percent be levied as part of the general local municipal levy on the industrial class to raise a further additional local municipal tax levy of $18,786 to fund the total estimated rebates to registered charities for properties in the industrial class in 2024.

7. City Council adopt the following property tax capping polices for the 2024 taxation year:

a. limit tax increases for the commercial, industrial, and multi-residential property classes by capping taxes at 10 percent of the preceding year’s annualized taxes, by opting to have subsection 292(1), paragraph 1 of the City of Toronto Act, 2006, apply for the 2024 taxation year;

b. continue to provide that the 10 percent cap on tax increases apply to any property within the commercial, industrial and multi-residential classes, regardless of whether the property had reached full Current Value Assessment taxation levels in a prior year, subject to the threshold adopted in Part (c) below; and

c. for the purposes of subsection 292(1), paragraphs 3 and 4 of the City of Toronto Act, 2006, adopt a threshold limit of $500 to determine the taxes for municipal and school purposes, such that properties that are within $500 (plus or minus) of their full Current Value Assessment level of taxation in the current year are taxed at full Current Value Assessment taxation levels for the year, and are therefore excluded from capping/claw-back provisions for that year.

8. City Council direct the Chief Financial Officer and Treasurer to report to the Executive Committee, or directly to Council, or a special meeting of Council, if necessary, on the 2024 tax rates for school purposes, and the 2024 percentage of the tax decreases required to recover the revenues foregone as a result of the cap limit on properties in the commercial, industrial and multi-residential property classes (the 2024 ‘clawback’ rates).

9. City Council approve:

a. the instalment dates for the 2024 final tax bills be set as follows:

1. the regular instalment dates be July 2, August 1, and September 2 of 2024;

2. for taxpayers who are enrolled in the monthly pre-authorized property tax payment program, the instalment dates be July 15, August 15, September 16, October 15, November 15 and December 16 of 2024; and

3. for taxpayers who are enrolled in the two installment program, the final instalment date be July 2, 2024.

b. the collection of taxes for 2024, other than those levied under the interim levy By-law 1119-2023, be authorized.

10. Effective January 1, 2024, City Council amend the eligibility criteria for the tax deferral and tax cancellation programs for low-income seniors and low-income disabled persons, and amend, as may be required to give effect to Council’s decision, City of Toronto Municipal Code Chapter 767, Taxation, Property Tax, and any other necessary Municipal Code Chapters, to:

a. increase the maximum household income for an eligible person from $55,000 to $57,112, and for each calendar year after 2024, effective January 1 of the year, annually adjust the maximum household income for eligible persons in accordance with the Statistics Canada, All-Items Consumer Price Index by City, Annual Change - Toronto; and

b. add annual flat rate cancellation and deferral amounts for eligible persons residing in non-profit housing co-operatives and co-ownership buildings by:

1. amending the definition of eligible property to include the following two additional types of residential properties:

a. property owned by a non-profit housing co-operative in which an

eligible person is a member for at least one year; and

b. property owned by an eligible person for at least one year, together with other owners in proportional ownership shares relative to the portion of the building each occupies.

2. amending both the tax deferral amount and the tax cancellation amount

for which an eligible person occupying eligible property under (1) is eligible to a flat annual amount of $50; and

3. making any other amendments as may be required to give effect thereto.

11. City Council increase the small business subclass eligibility to include strip plaza properties where the following criteria are satisfied, and amend City of Toronto Municipal Code Chapter 767, Taxation, Property Tax, accordingly:

- the property is located anywhere within the City;

- the property is categorized by the Municipal Property Assessment Corporations as one of the following Property Codes: 425 Neighbourhood Shopping Centre with anchor, 429 Community Shopping Centre, or 430 Neighbourhood Shopping Centre without anchor;

- the property has two or more attached retail establishments and shared or common parking areas;  

- the current Value Assessment of the property is $10,000 or more and $7,000,000 or less; and

- the property has a site area of less than or equal to 25,000 square feet, and a gross floor area of less than or equal to 25,000 square feet.

USER FEES

12. City Council impose the 2024 fees and charges set out in Appendix 3 to the 2024 Mayor’s Proposed Budget (MPB15.1) as amended, and amend City of Toronto Municipal Code Chapter 441, Fees and Charges, and any other necessary Municipal Code Chapter accordingly.

13. City Council impose as final, the water and wastewater consumption rates charged to metered and flat rate consumer, the water and wastewater services fees and charges, and the  solid waste management service rates and fees in the amounts set out in Appendix 5 to the 2024 Mayor’s Proposed Budget (MPB15.1) as amended, which are a continuation of the 2024 interim rates, fees, and charges previously adopted by Council in EX10.4 and EX10.5 at its meeting on December 13, 14 and 15, 2023 

14. City Council delegate authority to the Chief Financial Officer and Treasurer to approve automatic annual inflationary adjustments to the fees and charges set out in Table 1 of Appendix B in this report, effective January 1st of each year commencing in January of 2025, and amend City of Toronto Municipal Code Chapter 441, Fees and Charges accordingly.

15. City Council approve the continuation of the previously approved interim water rebate for eligible low-income seniors and low-income persons with disabilities at a rate of $1.3553 per cubic metre, representing a 30 percent reduction from the Block 1 rate (paid on or before the due date).

16. Effective January 1, 2024, City Council amend the eligibility criteria for the solid waste single family residential low-income relief program and the water rebate for low-income seniors and low-income disabled persons, and amend, as may be required to give effect to Council’s decision, City of Toronto Municipal Code Chapter 844, Waste Collection, Residential Properties, and Chapter 849, Water and Sewage Services and Utility Bill, and any other necessary Municipal Code Chapters, to:

a. increase the maximum household income for an eligible person from $55,000 to $57,112, and for each calendar year after 2024, effective January 1 of the year, annually adjust the maximum household income for eligible persons in accordance with the Statistics Canada, All-Items Consumer Price Index by City, Annual Change – Toronto; and

b. add annual flat rate rebates for eligible persons residing in non-profit housing co-operatives and co-ownership buildings by:

1. amending the definition of eligible property to include the following two additional types of residential properties:

a. property owned by a non-profit housing co-operative in which an eligible person is a member for at least one year; and

b. property owned by an eligible person for at least one year, together with other owners in proportional ownership shares relative to the portion of the building each occupies.

2. amending the water rebate for which an eligible person occupying eligible property under (1) is eligible to a flat annual amount of $200; 

3. amending the solid waste rebate for which an eligible person occupying

eligible property under (1), which property receives garbage collection from the City, is eligible to a flat annual rebate amount of $163.76; and

4. making any other amendments as may be required to give effect thereto.

17. City Council authorize user fees for online payments processed through the City’s Parking Violation Notice Services website at the lesser of:

a. 2.35 percent of the payment amount for online credit card transactions and 1.5 percent of the payment amount for online debit card transactions; and

b. the amount permitted to be charged to users by the card brand rules for payments for parking violations as may be permitted by the card brand rules,

and City Council authorize the necessary amendments to City of Toronto Municipal Code, Chapter 441, Fees and Charges, and any other necessary Municipal Code Chapters as may be required.

OTHER

18. City Council request the Board of Directors of TO Live to direct the President and Chief Executive Officer, TO Live, in consultation with the Executive Director, Corporate Real Estate Management, to continue to advance the design refinement of the St. Lawrence Centre for the Arts Redevelopment project funded through existing approved capital budget, and report back to Executive Committee, during the first or second quarter of 2024, on the refined project cost estimates upon completion of a schematic design with appropriate Class Estimates, and status on the financing strategies, as outlined in the report EX6.13 entitled “St. Lawrence Centre for the Arts Redevelopment”, for City Council consideration prior to the next phase of development.  

19. City Council request the Toronto Police Services Board to work with the General Manager, Economic Development and Culture on opportunities to leverage up to $10.0 million in funds available from the Major Special Events Reserve Fund (XR1218), included in the 2024 Mayor’s Proposed Budget for Toronto Police, to offset premium pay costs incurred relating to policing services during the City’s special events.

20. City Council authorize the Executive Director, Transit Expansion to negotiate and execute all required capital delivery agreements related to project design, including amendments thereto, with the Toronto Waterfront Revitalization Corporation ("Waterfront Toronto"), on terms and conditions satisfactory to the Executive Director, Transit Expansion and in a form satisfactory to the City Solicitor, for Waterfront Toronto to facilitate the completion of projects that support the Waterfront East Light Rail Transit.

21. City Council direct the City Manager to continue to negotiate with the Province of Ontario to recover the costs for the Line 3 Scarborough Rapid Transit (SRT) Busway project.

22. City Council direct the Chief Financial Officer and Treasurer, in consultation with the President of Toronto Parking Authority, to report to the Executive Committee on an updated Income Sharing Renewal Agreement no later than December 31, 2024.

23. City Council, in respect of the 2024-2033 Capital Budget and Plan, express its intent to ensure that:

a. the increase in need for services attributable to anticipated development will be met; and

b. any future excess capacity identified will be paid for by development charges or other similar charges.

24. Notwithstanding the Policy on Management of Operating Budget Surpluses, City Council direct the Chief Financial Officer and Treasurer to allocate $10 million from the 2023 Operating year-end actual results due to stronger than expected Supplementary Taxes performance, to the Tax Stabilization Reserve Fund to replenish it as a result of the draw from it to fund additional investments in 2024 Mayor’s Proposed Budget (MPB15.1).

25. City Council request CreateTO to facilitate dividend declarations by the Board of Directors of Build Toronto Inc. in the amount of $30 million in 2024 to fund items in the 2024 Mayor's Proposed Budget (Item MPB15.1).

26. City Council approve the establishment of a discretionary reserve fund called the Budget Bridging and Balancing Reserve Fund in City of Toronto Municipal Code Chapter 227, Reserves and Reserve Funds, Appendix B, Schedule 7 - Corporate Discretionary Reserve Funds, for the purpose of holding funds to support operational bridging strategies from the 2025 budget year onward, with criteria set out in Appendix D of this report.

27. City Council authorize the General Manager, Parks, Forestry and Recreation, and the General Manager, Children’s Services, in consultation with the Chief Financial Officer and Treasurer, to accelerate the cash flows included in their respective 2024-2033 Capital Budgets and Plans as operationally required to enable implementation of the 2024 Mayor’s Proposed Budget, including for capital projects associated with state of good repair, community centres, pools, park infrastructure and child care centres, consistent with direction communicated in the 2024 Mayor’s Proposed Budget.

The purpose of this report is to recommend the additional approvals required to give effect to the 2024 Budget and includes the following matters:

2024 Property Tax Rates and Related Matters: City Council is required to enact a by-law levying the property tax rates to raise the amount of tax revenue set out in the City’s budget. The recommendations in this report request the approval of 2024 municipal tax ratios and tax rates arising from the 2024 Mayor's Proposed Budgets. This report also recommends annual property tax policy decisions.

2024 User Fees: User fees are monitored and adjusted for price changes through the annual budget process. This includes final rates and service fees for Rate Supported Programs for Toronto Water and Solid Waste Management Services. The budget process prompts assessment of existing fees resulting in recommended changes to existing fees and the introduction of new fees. The estimated revenues from user fees are outlined in the 2024 Mayor’s Proposed Budget and are reflected in the 2024 Budget Notes. Under the City of Toronto Act, 2006, City Council must still approve the imposition of user fees, including new user fees and changes to existing user fees, as required to raise the user fee revenue to give effect to the City's budget. This approval is requested as part of this report.

Intergovernmental Infrastructure Funding: An annual summary of federal and provincial intergovernmental infrastructure funding programs which are identified in the 2024-2033 Capital Budget and Plan, as set out in the 2024 Mayor’s Proposed Budget (the “2024-2033 Capital Budget and Plan”), is included as part of this report in Appendix C.

Other Items Requiring Council Direction: This report also makes recommendations with respect to matters related to the 2024 budget that do not fall under the strong mayor powers:

- Requests of Program specific report backs and interdivisional collaboration

- Provide authority to negotiate and execute specific capital project agreements

- Technical requests to allocate and receive funding in Corporate Accounts

- Establishment of a new reserve fund

The Chief Financial Officer and Treasurer recommends that:

1. City Council receive this report for information.

The City's annual balanced budget, prepared using a cash basis of accounting rather than the accrual basis used for financial reporting purposes, outlines the funds required to support the City's anticipated operating expenses for the fiscal year, along with funds required to support the planned acquisition or development of tangible capital assets. As a result, Ontario Regulation 286/09 "Budget Matters - Expenses" (Regulation) specifically permits the City of Toronto (City) to exclude the following expenses from its annual balanced budget: amortization expenses, post-employment benefits expenses, and solid waste landfill closure and post-closure expenses.

In addition, the Regulation requires that the City:

- Prepare a report about the excluded expenses which contains:

- An estimate of the change in accumulated surplus as a result of the exclusion of the above expenses, and

- An analysis of the estimated impact of the exclusion of these expenses on future tangible capital asset funding requirements

- Adopt the report prior to the adoption of its annual balanced budget.

This report is presented to City Council in response to the Regulation.

The 2024 value of the excluded expenses, which represent non-cash accounting expenses required for financial reporting, is estimated to be $1.72 billion for 2024. These expenses, once recognized in the City's consolidated financial statements, will reduce the City's accumulated surplus balance. It is important to note that the City's accumulated surplus represents the City's net investment in its tangible capital assets.

City Council will introduce General Bills and Confirming Bills.