July 20, 1999
BUDGET ADVISORY COMMITTEE:
The Policy and Finance Committee at its meeting on July 20, 1999, had before it a joint report (July 6, 1999) from the
Chief Administrative Officer and the Chief Financial Officer and Treasurer recommending that:
(1)the roles and relationships described in the section of this report headed "Framework of Roles and Responsibilities for
the Planning, Management and Expending of Resources within the City of Toronto" be adopted;
(2)the decision-making protocol set out in the section of this report headed "Guidelines for Routing of Committee
Reports with Financial Implications", table 1 and Appendix A be adopted;
(3)in order to ensure that information on the financial implications of recommendations is available to Standing
Committees, Community Councils and City Council:
(a)all staff reports be required to identify clearly, at the beginning of the report, any financial implications including:
(i)the amount of expenditures and revenues;
(ii)the source of revenues;
(iii)any in-year financial implications beyond the approved budget; and
(iv)future year financial impacts; and
when there are financial implications, include a statement indicating that the Chief Financial Officer and Treasurer has
reviewed and concurs with the financial implications;
(b)Standing Committee and Community Council recommendations to Council and Notices of Motions introduced at
Council, which have financial implications beyond the approved annual budget, be accompanied by staff identification,
including review by the Chief Financial Officer and Treasurer, of any financial implications during consideration of the
items by Council; and
(4)the appropriate City officials be authorized and directed to take the necessary action to give effect thereto.
The Policy and Finance Committee referred the foregoing joint report to the Budget Advisory Committee for consideration
and report thereon to the Policy and Finance Committee.
City Clerk
P. A. Morris/cd
Item No. 3
c:Chief Administrative Officer
Chief Financial Officer and Treasurer
