ward 27 presentation -2014 tax supported operating & capital budget

8/13/2019 Ward 27 Presentation -2014 Tax Supported Operating & Capital Budget

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B B

2014

C B


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Agenda

1. City Managers Overview

2. 2014 Operating Budget

Strengthening Fiscal Health Investing for the Future 2

3. 2014 2023 Capital Budget and Plan

4. Ward 27 Capital Investments

5. Questions & Answers


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C

C

F


I 1 B B

M


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B C

C

N 2 C G

B


K

C


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2014 B DC B :

M C G

G E C F C

N L C


M BIA I

D M C A

CA

C

C M

M F&


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2014 B D C B & 10

C :

AA+ M I

AA

" C ' AA+ M' I


,

,

,

, C'

"


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2014 B

2 B

M


2014 BB B 0.9%

N & E 0.4%

B I 1.3%


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2014 C

1.3%


2.0% 0.7%Residential Non- Residential


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2014 Total Property Tax Impact:

Total Average Residential Non-Residential

2014 Budget 1.3% 2.0% 0.7%


. . .

Total Tax Impact after Assessment Growth 1.6% 2.5% 0.8%


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Summary 2014 B

A


M IK :

$51 / 2.0% 2014 B

$13 / 0.5%

$64 / 2.5%


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Blended Tax % Increase vs. Inflation3.32%

2.20%

1.82%2%

3%

3%

4%


0% 1.59% 1.29% 1.30% 0.96%

0.74%

1.39%

0%

1%

1%

2%

2011 2012 2013 2014 4 Yr Avg.

City of Toronto Blended Tax Rates Inflation Rate Toronto (Stats Canada, Toronto)


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90% of the Growth in Net Expenditures since

2005 is Due to Police, Fire, EMS and TTC

Police, Fire, EMS

$420.4M, 56.4%

$3,600

$3,800

$4,000

llion


Cost Shared-119.3, -16.0%

Other $191.7M, 25.7%

TTC $252.3M, 33.9%

$2,800

$3,000

$3,200

,

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

$Mi

Base Year Cost Shared Other Toronto Transit Commission (TTC) Police, Fire, EMS


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C 2013

A

6%

1.6

2%

0.8%

1.0%

1.2%

1.4%

1.6%


0.75

%

0.8

0%

0.8

7%

0.8

9%

0.9

0%

0.9

1%

0.9

3%

0.9

3%

0.9

3%

0.9

4%

0.9

4%

0.9

8%

0.9

9%

1.0

0%

1.0

5%

1.1

6%1.21

%

1.2

4%

1.2

8%

1.

32

1.3

3

1.3

5

1

.38

1.4

0.0%

0.2%

0.4%

0.6%

0.75%

Source: Metropolisiq.com


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C 2013 A

A $1,100

6 9 5 47 5

6,4

68

$6,0

54

$3,000

$4,000

$5,000

$6,000

GTA Average $4,370


0.75%

Source: BMA Municipal Study

$3,4

28

$3,5

10

$3,5

26

$3,7

68

$3,7

73

$3,8

84

$3,9

37

$4,02

2

$4,05

9

$4,3

11

$4,3

73

$4,3

94

$4,456

$4,522

$4,5

48

$4

,65

$4,8

3

$4,8

$

4,8

$5,0

$5,

$

$0

$1,000

$2,000

$3,2

74


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B

18


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Where the Money Goes:

- Program Expenditures of $9.598 Billion

'

Toronto Public Health, $245.9, 2.6%

Shelter, Support & HousingAdministration, $639.0 , 6.7%

TTC, $1,706.7 , 17.8%

Transportation Services,$334.9 , 3.5%

Toronto Public Library,$183.9 , 1.9%

Economic Development &

Culture, $69.1 , 0.7%

Parks , Forestry & Recreation,$409.7 , 4.3%

Municipal Licensing andStandards, $49.7 , 0.5%

($Million)

21.3%11.4%

Strengthening Fiscal Health Investing for the Future19

Toronto Police Service,$1,088.9 , 11.3%Fire Services, $422.7 , 4.4%

EMS, $187.8 , 2.0%

Toronto Employment & SocialServices, $1,172.1 , 12.2%

Long Term Care Homes &Services, $231.8 , 2.4%

, . ,4.2%

City Planning, $40.9 , 0.4%

Fleet and Facilities, $47.8 ,0.5%

Other City Services, $298.3 ,3.1%

Governance and InternalServices, $707.7 , 7.4%

Debt Charges, $428.6 , 4.5%

Capital & CorporateFinancing, $262.0 , 2.7%

Other, $666.6 , 6.9%

28.1%

6.9%

17.7%

7.4%

7.2%


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Where the Money Comes From

- Program Revenues of $9.598 Billion

Provincial Grants &Subsidies, $1.834 ,

19.1%

Federal Grants &Subsidies, $0.174 , 1.8%

Other Subsidies, $0.149, 1.6%

User Fees, $1.637 ,17.1%

Fines & Penalties,$0.133 , 1.4%

Interest & InvestmentIncome, $0.206 , 2.1%

($Billion)


Reserves / ReserveFunds, $0.446 , 4.6%

MLTT, $0.342 , 3.6%

Other Revenues, $0.823, 8.6%

Transfers from Capital,$0.140 , 1.5%Prior Year Surplus,

$0.000 , 0.0%

Property Taxes, $3.765 ,39.2%


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Staff Recd 2013 Tax Supported Program Operating

Budget - By ClusterGross Net Gross Net $ % $ %

Citizen Centred Services "A" 3,291,013 932,119 3,209,021 915,349 (81,992) (2.5%) (16,770) (1.8%)

Citizen Centred Services "B" 974,359 646,664 984,720 657,250 10,361 1.1% 10,586 1.6%

Internal Services 447,515 180,761 453,292 181,742 5,776 1.3% 981 0.5%City Manager 52,815 44,811 54,569 45,259 1,753 3.3% 448 1.0%

Other City Programs 114,649 72,321 130,070 72,649 15,421 13.5% 329 0.5%

Accountability Offices 7,121 7,121 7,740 7,740 619 8.7% 619 8.7%

Total City Operations 4,887,473 1,883,797 4,839,411 1,879,989 (48,061) (1.0%) (3,808) (0.2%)

TTC/Wheel Trans 1,643,318 507,774 1,706,721 534,504 63,403 3.9% 26,730 5.3%

($000s) Gross2013 Budget 2014 Budget

Change from 2013 Over (Under)

Net


Police Services and Board 1,022,501 930,865 1,088,860 960,019 66,359 6.5% 29,154 3.1%

Toronto Public Library 182,030 165,360 183,910 167,327 1,880 1.0% 1,968 1.2%Toronto Public Health 243,688 50,420 245,942 51,006 2,254 0.9% 586 1.2%

Other Agencies 177,105 26,904 175,616 27,237 (1,489) (0.8%) 334 1.2%

Agencies 3,268,642 1,681,323 3,401,049 1,740,094 132,407 4.1% 58,772 3.5%

Corporate Accounts: 0.0%

Capital & Corporate Financing 655,019 617,298 690,552 654,358 35,533 5.4% 37,060 6.0%

Non-Program Expenditures 639,008 489,564 657,135 475,061 18,127 2.8% (14,503) (3.0%)

Non-Program Revenues 9,136 (959,094) 9,445 (984,304) 310 3.4% (25,210) 2.6%Net Operating Budget 9,459,278 3,712,888 9,597,593 3,765,199 138,315 1.5% 52,311 1.4%

Assessment Change (22,000) (22,000) 0

TCHC Tax Exemption 18,428 18,428 0Total Assessment Changes (3,572) (3,572)Net Operating Budget After 9,459,278 3,712,888 9,597,593 3,761,627 138,315 1.5% 48,739 1.3%


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2014 Balancing StrategiesBalancing Pressure $210 Million

9

34

22

20

150

200

250


210

7

23

12

28

22 14

49

0

50

100

A

B

C

C

C

C

D

A

&


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Where the Money Goes

- $3.765 Billion Tax Levy

$52.49

$114.48

$117.92

$135.08

$141.01$195.64

$279.21

$293.22

$365.69

$656.81

Children's Services

Toronto Public Library

Toronto Employment & Social Services

Shelter, Support & Housing Admin

Transportation Services

Parks, Forestry & Recreation

Fire Services

Debt Charges

TTC (Incl. Wheel Trans)

Police Service & Board

7070

Total = $2,576*{Based on Property Tax of $2,576 (includes proposed


$15.24

$2.31

$4.90

$7.04

$7.83

$10.42

$13.65

$14.18

$31.33

$33.18$34.90

$49.49

($150.00) ($50.00) $50.00 $150.00 $250.00 $350.00 $450.00 $550.00 $650.00

Other*

Toronto Region Conservation Authority

Association of Community Centres

311 Toronto

Toronto Zoo

City Planning

City's Council

Municipal Licensing & Standards

Long Term Care Homes & Services

Economic Development & Culture

Toronto Public Health

Emergency Medical Services

30(Millions)

30(Millions)

2.00% property tax increase) for an average house withan assessed value of $498,000}

* Not including Education Taxes


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5.39%

$80

$100

$120

$140

Provincial Funding Loss 2014 to 2016

($ Millions)

Strengthening Fiscal Health Investing for the Future

$42.5 $43.1 $43.2

$128.8

1.78% 1.80% 1.81%

$0

$20

$40

$60

2014 2015 2016 Total

24


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3.58%

5.39%

$80

$100

$120

$140

Provincial Funding Loss 2014 to 2016

($ Millions)


$43.1 $43.2

$128.8$42.5

1.81%

$0

$20

$40

$60

2014 2015 2016 Total

25


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2015 /2016 Budget Outlook($ Millions) 2015 2016

Compensation & Benefits 67 36

Non-labour Inflationary Impact 8 7

Annualization of Prior Year Decisions 34 9

Operating Impact of Completed Captial Projects 13 7


ep eton o eserves

Other Base Budget Changes 13 9

CFC (Capital From Current) 22 24

Debt Charges 42 39

TTC (before ridership growth) 101 76Other Expenditures 71 99

Total Expenditure Pressures 400 322


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2015 /2016 Budget Outlook - Continued($ Millions) 2015 2016

Total Expenditure Pressures 400 322

Revenue Change:

TTC Ridership Growth (17) (16)

Uploading of Services (7) (15)

Dividend Income (5) (5)

User Fees/Revenue Change (4) (1)


Parking Authority Revenues 6 (2)

Provincial Funding Loss 76 38

Total Revenue Change 50 (1)

Pressure after Revenue Changes: 450 322

TTC Fare Increase (10 Cents) (40) (40)

(49) (50)

Assessment Growth (30) (30)

Remaining Pressure 331 202

Property Tax Rate Increase

-(2.0% Residential/0.67% Non-Residential)


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C B

2828


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B C C

I G

G E; C; , F &


A G

K 15%

F C


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C B

2013 to 2022 Budget and Plan was $15.260 Billion

2014 to 2023 Budget and Plan is $18.611 Billion,with increased investments in:

Transportation Services: $137million


Park, Forestry & Recreation: 286 million

Scarborough Subway: $3.437 billion

30


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$ Million73% TTC & Transportation

Toronto TransitCommission ,

$6,325 , 34%

Spadina Subway

Extension, $793 ,4%

ScarboroughSubway Extension,

$3,437 , 18%

2014 2023 C B $18.611

B


Transportation

Services, $3,081 ,17%

Parks, Forestry &

Recreation, $1,081 ,6%

FacilitiesManagement & Real

Estate, $875 , 5%

Toronto PoliceService, $519 , 3%

Fleet Services, $464, 2%

Information &Technology, $407 ,

2%

Toronto PublicLibrary, $243 , 1%

Long Term CareHomes Services,

$132 , 1%Waterfront

RevitalizationInitiative, $176 , 1%

Other, $1,077 , 6%


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2014 2023 C B & $18.611

B

$ Million

Debt, $3,287 , 18%

Debt Recoverable,

$313 , 2%

Provincial Subsidy,$3,498 , 19%

Federal Subsidy,$2,368 , 13%


Reserves / ReserveFunds, $3,268 , 17%

DevelopmentCharges, $1,207 , 6%

Capital from Current,$3,833 , 21%

Other, $838 , 4%


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$ Million

Toronto TransitCommission ,

$916 , 42%

Spadina SubwayExtension, $201 ,

9%

TransportationServices, $303 ,

14%

Parks, Forestry &

DebtRecoverable,

$74 , 3%

ProvincialSubsidy, $301 ,

14%Federal Subsidy,

$211 , 10%

Reserves /

2014 Capital Budget & PlanWhere the money goes

69% TTC & Transportation

2014 Capital Budget & PlanWhere the money comes from

Debt Funding 29%

2014 C B $2.193 B


Recreat on, 153 ,7%

FacilitiesManagement &

Real Estate, $148 ,7%

Toronto PoliceService, $39 , 2%

Fleet Services,$42 , 2%

Information &Technology, $61 ,

3%Toronto PublicLibrary, $27 , 1%

Long Term CareHomes Services,

$28 , 1%

WaterfrontRevitalization

Initiative, $63 , 3%

Other, $213 , 9%

Debt, $631 , 29%

Reserve Funds,

$481 , 22%

DevelopmentCharges, $91 ,

4%

Capital fromCurrent, $240 ,

11%

Other, $164 , 7%


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2014 2015 2016 2017 2018 Total % Total % Total %

Health and Safety 22 28 30 24 16 121 1.1% 97 1.2% 218 1.2%

Legislated 61 80 91 80 77 388 3.7% 50 0.6% 438 2.4%

State of Good Repair 1,359 1,532 1,291 1,272 1,134 6,588 62.4% 4,556 56.6% 11,144 59.9%Service Improvement 299 342 228 139 92 1,101 10.4% 315 3.9% 1,416 7.6%

Growth Related 467 511 560 378 443 2,360 22.4% 3,036 37.7% 5,396 29.0%

Total Expenditures 2,208 2,493 2,200 1,893 1,764 10,558 100% 8,053 100% 18,611 100.0%

2014 - 2023Expenditures ($M)

Capital Plan 2014 - 2018 2019 - 2023

2014 2023 C B

C $ Million


un e y:

Provincial 301 389 349 219 305 1,563 14.8% 1,935 24.0% 3,498 18.8%Federal 211 231 229 189 221 1,081 10.2% 1,287 16.0% 2,368 12.7%

Reserves 406 417 350 341 284 1,797 17.0% 1,009 12.5% 2,806 15.1%

Reserve Funds 87 52 64 61 92 355 3.4% 106 1.3% 462 2.5%

DC 91 142 174 149 99 655 6.2% 551 6.8% 1,207 6.5%

Other 164 196 159 56 53 627 5.9% 210 2.6% 838 4.5%

Capital from Current 240 265 291 320 352 1,468 13.9% 2,364 29.4% 3,833 20.6%

Debt Recoverable 74 96 31 22 15 238 2.2% 75 0.9% 313 1.7%Debt 633 705 554 537 344 2,773 26.3% 515 6.4% 3,287 17.7%

Total Funding 2,208 2,493 2,200 1,893 1,764 10,558 100.0% 8,053 100.0% 18,611 100.0%

34

Includes Scarborough Subway


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2014 2023 C B

2014 2015 2016 2017 2018 Total % Total % Total %

Growth Related 15 16 97 186 355 669 100.0% 2,768 100.0% 3,437 100.0%

Total Expenditures 15 16 97 186 355 669 100.0% 2,768 100.0% 3,437 100.0%

Funded By:

Provincial - 9 54 105 199 367 54.9% 1,554 56.1% 1,921 55.9%

Federal - 3 18 35 66 122 18.2% 515 18.6% 637 18.5%

Reserve Funds 12 3 20 38 73 147 22.0% 42 1.5% 188 5.5%

2014 - 2023Expenditures ($M)

Capital Plan 2014 - 2018 2019 - 2023

$ Million


DC - 1 5 9 17 30 4.6% 129 4.7% 159 4.6%

Debt / Tax Supported 3 - - - - 3 0.4% 529 19.1% 531 15.5%Total Funding 15 16 97 186 355 669 100.0% 2,768 100.0% 3,437 100.0%


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B A % C A

$Million

6.00%

6.50%

7.00%

1,500

2,000

2,500

3,000


5.00%

5.50%

0

500

1,000

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

A B L E ( ) B % A


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A C C

$Millions Gross Debt

Impact on

Debt

Final TTC 10-Year Request 9,072 5,012 3,134

Actions Taken

Deferred Wheel-Trans Projects Pending Review of

Future Needs (New Garage and 112 Buses) (203) (203) (203)


Reduced Track Replacement Project Cost - Sharing (18) (18) (18)

Increased Toronto Water Contribution for Leslie Barns (10) (10)

Increased Development Charge Funding (253) (253)

Revised TTC 10-Year Request 8,851 4,528 2,650

Projects Placed Below the Line (2,526) (2,526) (2,526)

Recommended TTC 10-Year Plan 6,325 2,002 124

37


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The TTC has significant unmet needs despitesizeable investment by the City

There is a need for a Tri-Party Partnershipbetween the Feds, Province and the City for a


, ,

Special City/TTC Taskforce will be establishedto prioritize, seek and secure funding from theProvincial and Federal governments

38

D C %


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D C %



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2014 B D

Nov. 25

Public

Launch

Introduction

of Capital

and

Jun. Oct.

City

Council

Consideration

& Adoption of

Operating

Executive

CommitteeBC

Recommended

Operating &

Jan. 22Dec. 2 Jan. 8Apr. - May

City

Programs& Agencies

Prepare

Budget

CM/ CFO

BudgetReview

Staff Prepare

Recommended

Budget

Committee

Public Hearing

BC Reviews &

Wra -u

Jan. 29 & 30Nov. 25/26

Drop In

Sessions

Open House

For

Councillors


Operating

Budgets

an ap ta

Budget

Submission toCouncil

40

Operating /

Capital Budget


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Budget Process is more Transparent

:

N 2014 B H / B D


B GI

A N

://../2014


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27 C

42


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2014 C & :

A A., B ., B ., C .,E ., E ., G ., M

Capital Projects in Ward 27

., ., ., .,

., A.,

D., . ., . N., .

., ., . .,

A.

43


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2014 & :

C ., C ., B, ., C .,H A., H D., I D., J .,


., ., ., .

A. E., A., A., .

., A.,

44


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C

J K

A G


A G :

A G

46


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C D:

E (B ) A G ($1.6M)

:


M H ($1.095M)

& C

: G ($22M)

47


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!

, :://../2014

: @.

48

ward 27 presentation -2014 tax supported operating & capital budget

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