May 14, 1998
To:Strategic Policies and Priorities Committee
From:W.A. Liczyk
Chief Financial Officer and Treasurer
Subject:1998 BIA Operating Budgets
Purpose:
Approval of Business Improvement Area (BIA) annual budgets is required by Council as per Section 220 of the
Municipal Act as amended by Bill 106.
Source of Funds:
No City funding is required since Business Improvement Area operating budgets are raised by a special levy on
members.
Recommendations:
It is recommended that:
(1)the Strategic Policies and Priorities Committee certify to City Council the expenditure estimates of the following
Business Improvement Areas for the year 1998, in the following amounts:
$
Bloordale Village58,000
Gerrard India Bazaar40,000
Harbord Street26,000
Parkdale Village115,500
Queen/Broadview Village39,000
St. Lawrence Neighbourhood70,000
Upper Village127,900
(2)the expenditure estimates of the above Business Improvement Areas be adopted; and
(3)a copy of this report be forwarded to the Budget Committee for its information.
Comments:
The budget approval process for BIA budgets is as follows. Each BIA submits a budget which has been approved by
the members and the Board of Management to the BIA Office. As with all agency budgets, the Finance Department
reviews the budget and submits it to this committee for recommendation to Council for adoption. Once the budgets
have been approved, the funds are raised by the City by a special levy on the businesses within the bounds of the
business improvement area.
The first group of BIA budgets was approved by Council at its meeting of May 13, 1998. This is the second group.
The rest of the BIA budgets will be forwarded to you as they are submitted. Appendix B contains the full list of all 39
BIAs and where the budget is in the approval process.
The following Business Improvement Areas held meetings on the noted days at which the budgets (see Appendix A)
were approved:
Approved ByApproved By
Members Board of Management
Bloordale VillageApril 14, 1998April 14, 1998
Gerrard India BazaarFebruary 26, 1998February 26, 1998
Harbord StreetDecember 10, 1997December 10, 1997
Parkdale VillageJanuary 19, 1998January 19, 1998
Queen/Broadview VillageApril 29, 1998April 29, 1998
St. Lawrence NeighbourhoodApril 16, 1998April 16, 1998
Upper VillageApril 22, 1998April 22, 1998
The following tables adjust the gross budgets to arrive at net budgets for special levying purposes for these
Business Improvement Areas:
19971998 Budget
Budget Request
$$
BLOORDALE VILLAGE
Expenditure Estimates30,03058,000
Miscellaneous Revenue00
BIA=s Prior Years
(Surplus)/Deficit 0(20,000)
Net Expenditure Budget30,03038,000
GERRARD INDIA BAZAAR
Expenditure Estimates40,00040,000
Miscellaneous Revenue00
BIA=s Prior Years
(Surplus)/Deficit 0 0
Net Expenditure Budget40,00040,000
HARBORD STREET
Expenditure Estimates22,50026,000
Miscellaneous Revenue00
BIA=s Prior Year
(Surplus)/Deficit 0(3,500)
Net Expenditure Budget22,50022,500
19971998 Budget
Budget Request
$$
PARKDALE VILLAGE
Expenditure Estimates96,000115,500
Miscellaneous Revenue00
BIA=s Prior Years
(Surplus)/Deficit 0(19,500)
Net Expenditure Budget96,00096,000
QUEEN/BROADVIEW VILLAGE
Expenditure Estimates26,00039,000
Miscellaneous Revenue00
BIA=s Prior Years
(Surplus)/Deficit 0(13,000)
Net Expenditure Budget26,00026,000
ST. LAWRENCE NEIGHBOURHOOD
Expenditure Estimate50,00070,000
Miscellaneous Revenue00
BIA=s Prior Years
(Surplus)/Deficit 0(20,000)
Net Expenditure Budget50,00050,000
UPPER VILLAGE
Expenditure Estimates135,000127,900
Miscellaneous Revenue00
BIA=s Prior Years
(Surplus)/Deficit 0 0
Net Expenditure Budget135,000127,900
Contact Name:
Donald Altman, telephone: 392-1529; fax: 392-6963
Internet e-mail: daltman@city.toronto.on.ca
Ingrid Girdauskas, telephone: 392-1134; fax: 392-0675
Internet e-mail: igirdaus@city.toronto.on.ca
W.A. Liczyk
Chief Financial Officer and Treasurer
Appendix A
Page 1 of 7
Operating Budget of the Bloordale Village BIA
For The Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
Actual Request Request
$$$
Revenue and Surplus20,76630,03058,000
Expenditures:
Administration2,565730750
Capital4,64915,00045,500
Maintenance1,2439,0007,900
Promotion and Advertising7,2535,3003,850
Contingency 0 0 0
Total Expenditures15,71030,03058,000
(GST Included)
(Surplus)/Deficit(5,056)00
Appendix A
Operating Budget of the Gerrard India Bazaar BIA
For The Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
Actual Request Request
$$$
Revenue and Surplus55,07340,00040,000
Expenditures:
Administration2,742300300
Capital02,00016,250
Maintenance1,5003,0003,500
Promotion and Advertising22,09734,70019,950
Contingency/Provision19,909 0 0
Total Expenditures46,24840,00040,000
(GST Included)
(Surplus)/Deficit ( 8,825)00
Appendix A
Operating Budget of the Harbord Street BIA
For The Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
Actual Request Request
$$$
Revenue and Surplus18,55622,50026,000
Expenditures:
Administration4,6824003,000
Capital06,50015,000
Maintenance06003,000
Promotion and Advertising13,12913,0005,000
Contingency/Provision 809 0 0
Total Expenditures18,62022,50026,000
(GST Included)
(Surplus)/Deficit6400
Appendix A
Operating Budget of the Parkdale Village BIA
For The Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
Actual Request Request
$$$
Revenue and Surplus46,81396,000115,500
Expenditures:
Administration9,76112,00025,000
Capital10,03260,00040,000
Maintenance13,57710,00020,000
Promotion and Advertising13,05813,000 20,000
Contingency/Provision 4,611 1,000 10,500
Total Expenditures51,03996,000115,500
(GST Included)
(Surplus)/Deficit4,22600
Appendix A
Operating Budget of the Queen/Broadview Village BIA
For The Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
Actual Request Request
$$$
Revenue and Surplus25,98726,00039,000
Expenditures:
Administration4,9441,0001,000
Capital010,00015,800
Maintenance6,34611,00017,200
Promotion and Advertising6,5644,0005,000
Contingency/Provision 1,609 0 0
Total Expenditures19,46326,00039,000
(GST Included)
(Surplus)/Deficit(6,524)00
Appendix A
Operating Budget of the St. Lawrence Neighbourhood BIA
For The Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
Actual Request Request
$$$
Revenue and SurplusN/A50,00070,000
Expenditures:
AdministrationN/A 3009,120
CapitalN/A29,5012,500
Maintenance N/A10,00017,800
Promotion and AdvertisingN/A10,20030,500
ContingencyN/A 0 80
Total ExpendituresN/A50,00070,000
(GST Included)
(Surplus)/DeficitN/A00
Appendix A
Operating Budget of the Upper Village BIA
For The Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
Actual Request Request
$$$
Revenue and Surplus155,284135,000127,900
Expenditures:
Administration18,03425,90020,100
Capital15,00035,00053,000
Maintenance1,22118,10019,800
Promotion and Advertising 37,46456,00035,000
Contingency/Provision67,477 0 0
Total Expenditures39,196135,000127,900
(GST Included)
(Surplus)/Deficit(16,088)00
Appendix B
Business Improvement Area |
Municipality |
Stage in Budget Process |
Bloor/Bathurst-Madison |
T |
A |
Bloor-by-the-Park |
T |
A |
Bloorcourt Village |
T |
A |
Bloordale Village |
T |
B |
Bloor West Village |
T |
A |
Bloor-Yorkville |
T |
A |
Corso Italia |
T |
A |
Danforth-by-the-Valley |
T |
A |
Dovercourt Village |
T |
C |
Eglinton Way |
T |
A |
Elm Street |
T |
C |
Forest Hill Village |
T |
A |
Gerrard India Bazaar |
T |
B |
Greektown-on-the-Danforth |
T |
A |
Harbord Street |
T |
B |
Hillcrest Village |
T |
C |
Junction Gardens |
T |
A |
Keele-Eglinton |
Y |
C |
Kennedy Road |
S |
A |
Kingsway |
E |
A |
Lakeshore Village |
E |
A |
Little Italy |
T |
A |
Long Branch |
E |
A |
Mimico-by-the-Lake |
E |
C |
Mimico Village |
E |
A |
Mount Dennis |
Y |
C |
Old Cabbagetown |
T |
A |
Pape Village |
EY |
A |
Parkdale Village |
T |
B |
Queen/Broadview Village |
T |
B |
Roncesvalles Village |
T |
A |
St. Clair Gardens |
T |
C |
St. Lawrence |
T |
B |
Upper Village |
T |
B |
Upper Village (York) |
Y |
C |
Village of Islington |
E |
C |
Weston |
Y |
A |
Yonge/Queen-Dundas |
T |
C |
Yonge-Eglinton |
Y |
C |
A - Approved by Council - May 13, 1998
B - This Report
C - Budget not submitted