June 29, 1999

To:Policy and Finance Committee

From:Environmental Task Force

Subject:Adjustment to the 1999 Approved Budget of the Environmental Task Force

Purpose:

The purpose of this report is to request City Council to adjust the 1999 operating estimates of the Environmental Task Force to reflect additional revenues received from external organizations supporting Task Force activities, specifically Toronto Hydro, Toronto District Heating Corporation and Enbridge Consumers Gas.

Financial Implications:

There are no net financial implications arising from this report.

Recommendations:

It is recommended that City Council increase the Environmental Task Force 1999 operating estimates to $150,000 gross from $65,000 gross to reflect additional funds committed by other organizations, subject to the receipt of such funds.

Council Reference/Background/History:

At its meeting on April 29, 1999, City Council approved a 1999 operating estimate of $65,000 for the Environmental Task Force through the adoption of Clause 1 of Report 8 of the Strategic Policies and Priorities Committee.

Comments:

In addition to the $65,000 operating budget approved by City Council, the Environmental Task Force has been able to arrange for firm commitments of $65,000 in additional funding to assist with carrying out the Task Force work program. A further $20,000 in funding is anticipated. This report requests Council to adjust the 1999 approved operating estimates of the Task Force to up to $150,000 gross and $65,000 net to reflect these additional funding commitments, provided the funds are received.

Contact Name and Telephone Number:

Carol Mee

Project Manager

Environmental Task Force

Phone (416) 396- 7450

Jack Layton

Chair, Environmental Task Force