1998 Budgets - Business Improvement Areas.
The Urban Environment and Development Committee recommends the adoption of Recommendations Nos. (1) and
(2), embodied in the report (April 3, 1998) from the Chief Financial Officer and Treasurer.
The Urban Environment and Development Committee reports, for the information of Council, having concurred with
Recommendation No. (3), embodied in the report (April 3, 1998) from the Chief Financial Officer and Treasurer, viz:
"(3)a copy of this report be forwarded to the Budget Committee for its information.".
The Urban Environment and Development Committee submits the following report (April 3, 1998) from the Chief
Financial Officer and Treasurer:
Purpose:
Approval to Business Improvement Area yearly budgets is required by Council as per Section 220 of the Municipal Act as
amended by Bill 106.
Source of Funds:
No City funds are required since Business Improvement Area (BIA) operating budgets are raised by a special tax on
members.
Recommendations:
It is recommended that:
(1)the Urban Environment and Development Committee certify to City Council the expenditure estimates of the following
Business Improvement Areas for the year 1998, in the following amounts:
| Bloor/Bathurst-Madison |
$ 20,000.00 |
| Bloor By The Park |
38,500.00 |
| Bloorcourt Village |
52,000.00 |
| Bloor West Village |
243,308.00 |
| Bloor-Yorkville |
945,850.00 |
| Corso Italia |
160,000.00 |
| Danforth By The Valley |
64,800.00 |
| Eglinton Way |
153,900.00 |
| Forest Hill Village |
22,000.00 |
| Greektown On The Danforth |
246,526.00 |
| Junction Gardens |
77,000.00 |
| Kennedy Road |
252,500.00 |
| Kingsway |
119,270.00 |
| Lakeshore Village |
31,871.00 |
| Little Italy |
80,210.00 |
| Long Branch |
57,000.00 |
| Mimico Village |
8,000.00 |
| Old Cabbagetown |
166,992.00 |
| Pape Village |
36,000.00 |
| Roncesvalles Village |
98,300.00 |
| Weston |
133,200.00 |
(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 and/or Discussion and/or Justification:
The following Business Improvement Areas held meetings on the noted days at which their budgets
(see Appendix A) were approved:
|
Approved by Members |
Approved by Board of Management |
| Bloor/Bathurst-Madison |
March 18, 1997 |
March 18, 1998 |
| Bloor By The Park |
November 6, 1997 |
February 12, 1998 |
| Bloorcourt Village |
November 19, 1997 |
March 10, 1998 |
| Bloor West Village |
October 29, 1997 |
March 10, 1998 |
| Bloor-Yorkville |
January 20, 1998 |
March 25, 1998 |
| Corso Italia |
November 24, 1997 |
March 4, 1998 |
| Danforth By The Valley |
November 24, 1997 |
March 2, 1998 |
| Eglinton Way |
November 4, 1997 |
February 24, 1998 |
| Greektown On The Danforth |
December 10, 1997 |
March 24, 1998 |
| Junction Gardens |
December 2,1997 |
March 10, 1998 |
| Kennedy Road |
December, 1997 |
January 13, 1998 |
| Kingsway |
N/A |
November 19, 1997 |
| Lakeshore Village |
N/A |
March 4, 1998 |
| Little Italy |
February 11, 1998 |
March 11, 1998 |
| Long Branch |
N/A |
February 18, 1998 |
| Mimico Village |
N/A |
March 9, 1998 |
| Old Cabbagetown |
December 3,1997 |
February 16, 1998 |
| Pape Village |
December 4,1997 |
December 4, 1997 |
| Roncesvalles Village |
November 25,1997 |
March 25, 1998 |
| Weston |
February 23, 1998 |
March 26, 1998 |
The following tables adjust the gross budgets to arrive at net budgets for special levying purposes for these BIAs:
1998
1997 Budget
Budget Request
Bloor/Bathurst-Madison:
Expenditure Estimates$ 26,000.00$ 20,000.00
Miscellaneous Revenue(1,486.00) 0.00
BIA=s Prior Years (Surplus)/Deficit(7,407.00) 0.00
Net Expenditure Budget$ 17,107.00$ 20,000.00
Bloor by the Park:
Expenditure Estimates$ 36,500.00 $ 38,500.00
Miscellaneous Revenue0.000.00
BIA=s Prior Years (Surplus)/Deficit 0.000.00
Net Expenditure Budget$ 36,500.00$ 38,500.00
Bloor Court Village:
Expenditure Estimates$ 52,000.00$ 52,000.00
Miscellaneous Revenue0.000.00
BIA=s Prior Years (Surplus)/Deficit0.00 0.00
Net Expenditure Budget$ 52,000.00$ 52,000.00
Bloor West Village:
Expenditure Estimates$240,660.00$243,308.00
Miscellaneous Revenue(22,000.00) (19,000.00)
BIA=s Prior Years (Surplus)/Deficit(9,715.00)(15,264.00)
Net Expenditure Budget$208,945.00$209,044.00
Bloor-Yorkville:
Expenditure Estimates$920,000.00$945,850.00
Miscellaneous Revenue 0.00 0.00
BIA=s Prior Years (Surplus)/Deficit0.000.00
Net Expenditure Budget$920,000.00$945,850.00
Corso Italia:
Expenditure Estimates$160,000.00$160,000.00
Miscellaneous Revenue 0.00 0.00
BIA=s Prior Years (Surplus)/Deficit 0.000.00
Net Expenditure Budget$160,000.00$160,000.00
Danforth by the Valley:
Expenditure Estimates$ 56,650.00$ 64,800.00
Miscellaneous Revenue0.000.00
BIA=s Prior Years (Surplus)/Deficit0.000.00
Net Expenditure Budget$ 56,650.00$ 64,800.00
Eglinton Way:
Expenditure Estimates$119,700.00$153,900.00
Miscellaneous Revenue(2,000.00)(2,000.00)
BIA=s Prior Years (Surplus)/Deficit 0.00(20,000.00)
Net Expenditure Budget$117,700.00$131,900.00
Forest Hill Village:
Expenditure Estimates $ 19,300.00$ 22,000.00
Miscellaneous Revenue(1,114.00) (1,050.00)
BIA=s Prior Years (Surplus)/Deficit (1,117.00) (597.00)
Net Expenditure Budget$ 17,069.00$ 20,353.00
Greektown on the Danforth:
Expenditure Estimates$189,795.00$246,526.00
Miscellaneous Revenue 0.00 0.00
BIA=s Prior Years (Surplus)/Deficit 0.000.00
Net Expenditure Budge$189,795.00$246,526.00
Junction Gardens:
Expenditure Estimates$ 78,510.00$ 77,000.00
Miscellaneous Revenue(29,800.00)27,000.00)
BIA=s Prior Years (Surplus)/Deficit 0.000.00
Net Expenditure Budget$ 48,710.00 $ 50,000.00
Kennedy Road:
Expenditure Estimates$ 0.00$252,000.00
Miscellaneous Revenue 0.00 0.00
BIA=s Prior Years (Surplus)/Deficit 0.00 (27,500.00)
Net Expenditure Budget $ 0.00$225,000.00
Kingsway:
Expenditure Estimates$110,000.00$119,270.00
Miscellaneous Revenue 0.00 0.00
BIA=s Prior Years (Surplus)/Deficit 0.00 (1,446.00)
Net Expenditure Budget$110,000.00$117,824.00
Lakeshore:
Expenditure Estimates$ 33,775.00$ 31,871.00
Miscellaneous Revenue 0.00 0.00
BIA=s Prior Years (Surplus)/Deficit 0.00 0.00
Net Expenditure Budget$ 33,775.00 $ 31,871.00
Little Italy:
Expenditure Estimates$ 79,860.00$ 80,210.00
Miscellaneous Revenue0.00 0.00
BIA=s Prior Years (Surplus)/Deficit 0.00 0.00
Net Expenditure Budget$ 79,860.00 $ 80,210.00
Long Branch:
Expenditure Estimates$ 53,000.00 $ 57,000.00
Miscellaneous Revenue (3,000.00) (1,500.00)
BIA=s Prior Years (Surplus)/Deficit 0.00 (5,500.00)
Net Expenditure Budget $ 50,000.00 $ 50,000.00
Mimico Village:
Expenditure Estimates$ 0.00 $ 8,000.00
Miscellaneous Revenue 0.00 0.00
BIA=s Prior Years (Surplus)/Deficit 0.00 0.00
Net Expenditure Budget $ 0.00 $ 8,000.00
Old Cabbagetown:
Expenditure Estimates$153,500.00$166,992.00
Miscellaneous Revenue(40,200.00) (38,900.00)
BIA=s Prior Years (Surplus)/Deficit 0.00 (14,792.00)
Net Expenditure Budget$113,300.00 $113,300.00
Pape Village:
Expenditure Estimates$ 0.00 $ 36,000.00
Miscellaneous Revenue 0.00 0.00
BIA=s Prior Years (Surplus)/Deficit 0.00 0.00
Net Expenditure Budget$ 0.00 $ 36,000.00
Roncesvalles Village:
Expenditure Estimates $ 61,975.00 $ 98,300.00
Miscellaneous Revenue (5,500.00) (19,300.00)
BIA=s Prior Years (Surplus)/Deficit 0.00 (25,000.00)
Net Expenditure Budget$ 56,475.00 $ 54,000.00
Weston:
Expenditure Estimates$131,160.00$133,200.00
Miscellaneous Revenue (81,160.00)(83,200.00)
BIA=s Prior Years (Surplus)/Deficit0.00 0.00
Net Expenditure Budget $ 50,000.00$ 50,000.00
Contact Names:
Mr. Donald Altman, 392-1529, (Fax) 392-6963, (e-mail) daltman@city.toronto.on.ca.
Ms. Ingrid Girdauskas, 392-1134, (Fax) 392-0675, (e-mail) igirdaus@city.toronto.on.ca.
Appendix A
Operating Budget of the Bloor/Bathurst-Madison BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$ 38,705.00$ 26,000.00$ 20,000.00
Expenditures:
Administration12,447.00 9,500.0010,950.00
Capital 0.00 0.00 0.00
Maintenance 0.00 0.00 0.00
Promotion and Advertising 30,537.0010,000.00 9,050.00
Contingency 0.00 6,500.00 0.00
Total Expenditures (GST Included) 42,984.00 26,000.00 20,000.00
(Surplus)/Deficit 4,279.00 0.00 0.00
CCCC
Operating Budget of the Bloor by the Park BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$ 45,061.00$ 36,500.00$ 38,500.00
Expenditures:
Administration 11,506.00 6,770.00 8,500.00
Capital 4,323.00 6,500.0011,050.00
Maintenance 9,600.00 11,000.00 9,950.00
Promotion and Advertising12,962.0012,230.00 9,000.00
General 0.00 0.00 0.00
Total Expenditures (GST Included) 38,391.00 36,500.00 38,500.00
(Surplus)/Deficit (6,670.00) 0.00 0.00
CCCC
Operating Budget of the Bloorcourt Village BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$ 42,997.00$ 52,000.00$ 52,000.00
Expenditures:
Administration 9,026.005,700.00 5,700.00
Capital 21,891.00 29,500.00 29,500.00
Maintenance1,414.00 6,000.00 6,000.00
Promotion and Advertising15,106.00 10,800.0010,800.00
General 0.00 0.00 0.00
Total Expenditures (GST Included) 47,437.00 52,000.0052,000.00
(Surplus)/Deficit 4,440.00 0.00 0.00
CCCC
Operating Budget of the Bloor West Village BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$282,713.00$240,660.00$243,308.00
Expenditures:
Administration 6,408.00 6,360.00 6,408.00
Capital 98,700.0080,500.00 65,000.00
Maintenance 27,300.0034,000.00 33,500.00
Promotion and Advertising141,141.00117,300.00135,900.00
General 0.00 0.00 2,500.00
Total Expenditures (GST Included)273,549.00240,660.00243,308.00
(Surplus)/Deficit(9,164.00) 0.00 0.00
CCCC
Operating Budget of the Bloor-Yorkville BIA
For the Year 1998
Budget Summary
1997
1997 Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$920,340.00$920,000.00$945,850.00
Expenditures:
Administration285,330.00310,000.00307,850.00
Capital150,808.00165,000.00170,000.00
Maintenance 58,153.0067,000.0096,000.00
Promotion and Advertising336,116.00355,700.00372,000.00
General 0.00 22,300.00 0.00
Total Expenditures (GST Included)830,407.00920,000.00945,850.00
(Surplus)/Deficit(89,933.00) 0.00 0.00
CCCC
Operating Budget of the Corso Italia BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
Actual RequestRequest
Revenue and Surplus$159,232.00$160,000.00$160,000.00
Expenditures:
Administration 39,375.00 25,000.00 20,000.00
Capital19,658.00 0.0020,000.00
Maintenance12,145.0022,000.0028,000.00
Promotion and Advertising106,800.00113,000.00 92,000.00
General0.000.000.00
Total Expenditures (GST Included)177,978.00160,000.00160,000.00
(Surplus)/Deficit18,746.000.00 0.00
CCCC
Operating Budget of the Danforth by the Valley BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$ 62,324.00$ 56,650.00$ 64,800.00
Expenditures:
Administration17,430.007,000.006,430.00
Capital21,433.0018,650.0027,600.00
Maintenance0.001,500.005,000.00
Promotion and Advertising15,334.0026,750.0024,770.00
General 0.002,750.001,000.00
Total Expenditures (GST Included)54,197.0056,650.0064,800.00
(Surplus)/Deficit(8,127.00)0.000.00
CCCC
Operating Budget of the Eglinton Way BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$150,681.00$119,700.00$153,900.00
Expenditures:
Administration36,786.0034,000.0034,685.00
Capital4,849.0016,850.0049,500.00
Maintenance14,783.005,600.006,100.00
Promotion and Advertising65,803.0063,250.00 61,615.00
General0.00.000.00
Total Expenditures (GST Included)122,221.00119,700.00153,900.00
(Surplus)/Deficit(28,460.00) 0.000.00
CCCC
Operating Budget of the Forest Hill Village BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApproved Budget
ActualRequestRequest
Revenue and Surplus$ 25,657.00$ 19,300.00$ 22,000.00
Expenditures:
Administration5,894.001,980.002,000.00
Capital6,788.003,420.006,200.00
Maintenance4,303.006,800.007,000.00
Promotion and Advertising5,727.007,100.006,800.00
General0.000.000.00
Total Expenditures (GST Included)22,712.0019,300.0022,000.00
(Surplus)/Deficit(2,945.00)0.000.00
CCCC
Operating Budget of the Greektown on the Danforth BIA
For the Year 1998
Budget Summary
1997
1997 Council 1998
ProjectedApproved Budget
ActualRequestRequest
Revenue and Surplus$649,525.00$189,795.00$246,526.00
Expenditures:
Administration166,440.0014,300.0024,400.00
Capital20,522.0022,700.00 40,000.00
Maintenance152.005,300.005,000.00
Promotion and Advertising500,734.00147,495.00177,126.00
General25,492.00 0.000.00
Total Expenditures (GST Included)713,340.00188,795.00246,562.00
(Surplus)/Deficit(63,815.00)0.000.00
CCCC
Operating Budget of the Junction Gardens BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$ 74,812.00$ 78,510.00$ 77,000.00
Expenditures:
Administration15,148.0017,010.0016,910.00
Capital11,774.0015,000.0013,000.00
Maintenance1,725.003,500.003,000.00
Promotion and Advertising53,272.0043,000.0044,000.00
General0.000.000.00
Total Expenditures (GST Included)81,919.0078,510.006,910.00
(Surplus)/Deficit(7,107.00)0.00(90.00)
CCCC
Operating Budget of the Kennedy Road BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$ 0.00$ 0.00$252,500.00
Expenditures:
Administration0.000.0022,700.00
Capital0.000.0090,800.00
Maintenance0.000.00 0.00
Promotion and Advertising0.000.0039,500.00
General0.000.000.00
Total Expenditures (GST Included)0.000.0052,500.00
(Surplus)/Deficit0.000.000.00
CCCC
Operating Budget of the Kingsway BIA
For the Year 1998
Budget Summary
19971997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$108,547.00$110,000.00$119,270.00
Expenditures:
Administration21,449.0019,100.0020,800.00
Capital 0.000.000.00
Maintenance53,314.0057,900.0063,470.00
Promotion and Advertising33,784.00 33,000.0035,000.00
General0.000.000.00
Total Expenditures (GST Included)108,547.00 110,000.00119,270.00
(Surplus)/Deficit0.000.000.00
CCCC
Operating Budget of the Lakeshore Village BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$ 37,188.00$ 33,775.00$ 31,871.00
Expenditures:
Administration16,385.0015,149.007,581.00
Capital0.000.000.00
Maintenance20,178.0017,626.0024,290.00
Promotion and Advertising0.001,000.000.00
General0.000.000.00
Total Expenditures (GST Included)36,563.0033,775.0031,871.00
(Surplus)/Deficit625.000.000.00
CCCC
Operating Budget of the Little Italy BIA
For the Year 1998
Budget Summary
1997
1997Council1998ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$ 84,100.00$ 79,860.00$ 80,210.00
Expenditures:
Administration3,530.007,860.007,210.00
Capital23,428.0027,000.0025,000.00
Maintenance26,494.0025,000.0023,000.00
Promotion and Advertising20,270.0020,000.0025,000.00
General0.000.000.00
Total Expenditures (GST Included)73,722.0079,860.0080,210.00
(Surplus)/Deficit10,378.000.000.00
CCCC
Operating Budget of the Long Branch BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$ 47,369.00$ 53,000.00$ 57,000.00
Expenditures:
Administration2,070.003,500.00 5,750.00
Capital0.0020,000.0018,000.00
Maintenance12,238.0015,500.0018,250.00
Promotion and Advertising 9,955.00 5,500.0015,000.00
General0.000.000.00
Total Expenditures (GST Included)24,263.0053,000.0057,000.00
(Surplus)/Deficit23,106.000.000.00
CCCC
Operating Budget of the Mimico By The Lake BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$ 0.00$ 0.00$ 8,000.00
Expenditures:
Administration0.000.001,000.00
Capital0.000.000.00
Maintenance0.000.001,000.00
Promotion and Advertising0.000.006,000.00
General0.000.000.00
Total Expenditures (GST Included)0.000.008,000.00
(Surplus)/Deficit0..000.000.00
CCCC
Operating Budget of the Old Cabbagetown BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$148,370.00$153,500.00$166,992.00
Expenditures:
Administration64,315.0062,800.0068,292.00
Capital13,300.0012,000.0012,000.00
Maintenance16,572.0014,700.004,700.00
Promotion and Advertising47,001.0064,000.0072,000.00
General2,473.000.000.00
Total Expenditures (GST Included) 143,661.00153,500.0066,992.00
(Surplus)/Deficit4,709.000.000.00
CCCC
Operating Budget of the Pape Village BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$ 0.00$ 0.00$ 36,000.00
Expenditures:
Administration0.000.006,000.00
Capital0.000.004,416.00
Maintenance0.000.007,100.00
Promotion and Advertising0.000.00118,000.00
General0.000.00484.00
Total Expenditures (GST Included)0.000.00 36,000.00
(Surplus)/Deficit0.000.000.00
CCCC
Operating Budget of the Rocesvalles Village BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$ 57,414.00$ 61,975.00$ 98,300.00
Expenditures:
Administration11,996.00 9,475.00 9,175.00
Capital3,854.0010,000.0041,200.00
Maintenance12,960.0012,000.0014,000.00
Promotion and Advertising18,035.0030,500.0033,925.00
General0.000.000.00
Total Expenditures (GST Included)46,845.0061,975.0098,300.00
(Surplus)/Deficit10,569.000.000.00
CCCC
Operating Budget of the Weston BIA
For the Year 1998
Budget Summary
1997
1997Council1998
ProjectedApprovedBudget
ActualRequestRequest
Revenue and Surplus$113,859.00$131,160.00$133,200.00
Expenditures:
Administration54,296.0056,660.0041,400.00
Capital23,934.0015,000.0019,500.00
Maintenance3,478.004,000.004,000.00
Promotion and Advertising51,468.0055,500.0068,250.00
General0.000.000.00
Total Expenditures (GST Included)133,176.00131,160.00133,200.00
(Surplus)/Deficit(19,317.00)0.000.00
