INDEX TO
BUDGET AUDIT ADVISORY BOARD MEETING #1/14
Friday, March 28, 2014
MINUTES Minutes of Meeting #3/13, held on October 4, 2013 1
PRESENTATION Sgambelluri, Rocco, Chief Financial Officer, TRCA, re: 2014 Budget, Operating and Capital 1
2014 BUDGET, OPERATING AND CAPITAL 2
2013 YEAR END FINANCIAL PROGRESS REPORT 39 MEETING OF THE BUDGET/AUDIT ADVISORY BOARD #1/14 April 11, 2014
The Budget/Audit Advisory Board Meeting #1/14, was held in the Weston Theatres, Black Creek Pioneer Village, on Friday, April 11, 2014. The Chair Gerri Lynn O'Connor, called the meeting to order at 8:39 a.m.
PRESENT Bob Callahan Member Gerri Lynn O'Connor Chair Dave Ryan Member
ABSENT Maria Augimeri Member David Barrow Member
RES.#C1/14 - MINUTES
Moved by: Bob Callahan Seconded by: Dave Ryan
THAT the Minutes of Meeting #3/13, held on October 4, 2013, be approved. CARRIED ______
PRESENTATION
(a) A presentation by Rocco Sgambelluri, Chief Financial Officer, TRCA, in regard to item BAAB7.1 - 2014 Budget, Operating and Capital.
RES.#C2/14 - PRESENTATION
Moved by: Dave Ryan Seconded by: Bob Callahan
THAT above-noted presentation (a) be received. CARRIED ______
1 SECTION I - ITEMS FOR AUTHORITY ACTION
RES.#C3/14 - 2014 BUDGET, OPERATING AND CAPITAL Recommends approval of the 2014 operating and capital budget.
Moved by: Dave Ryan Seconded by: Bob Callahan
THE BOARD RECOMMENDS TO THE AUTHORITY THAT WHEREAS the Conservation Authorities Act (CA Act) provides that a conservation authority, in establishing its annual levy, shall have the power to determine the proportion of the total benefit afforded to all the participating municipalities that is afforded to each of them;
THEREFORE LET IT BE RESOLVED THAT, subject to such regulations under the Conservation Authorities Act as may be approved by the lieutenant-Governor-in-Council:
(i) all participating municipalities be designated as benefitting for programs included in the 2014 Operating Budget;
(ii) Toronto and Region Conservation Authority's (TRCA) share of the cost of the programs included in the 2014 Operating Budget shall be raised from all participating municipalities as part of the General Levy;
(iii) the 2014 General Levy be apportioned to the participating municipalities in the proportion that the modified current value assessment of the whole is under the jurisdiction of TRCA, unless otherwise provided in the levy or a project;
(iv) the appropriate TRCA officials be directed to advise the participating municipalities, pursuant to the Conservation Authorities Act and the regulations made thereunder, and to levy the said municipalities the amount of the general levy set forth in the 2014 Operating Budget, including property tax adjustments and non-Current Value Assessment (CVA) levy, and to levy the said municipalities the amount of the capital levy set forth in the 2014 Capital Budget and in the approved projects of TRCA;
THAT the 2014 Operating and Capital Budget, and all projects therein, be adopted;
THAT TRCA staff be authorized to amend the 2014 Operating and Capital Budget to reflect actual 2014 provincial grant allocations in order to determine the amount of matching levy governed by regulation;
THAT the cost of property taxes imposed by municipalities on conservation lands owned by TRCA be charged as additional levy to the respective participating municipalities, excluding the cost of property taxes which are passed on to a third party under a lease or similar agreement;
THAT, except where statutory or regulatory requirements provide otherwise, staff be authorized to enter into agreements with private sector organizations, non-governmental organizations or government agencies for the undertaking of projects which are of benefit to TRCA and funded by the sponsoring organization or agency; 2 THAT, as required by Ontario Regulations 139/96 and 231/97, this recommendation and the accompanying budget documents, including the schedule of matching and non-matching levies, be approved by recorded vote;
AND FURTHER THAT authorized TRCA officials be directed to take such action as may be necessary to implement the foregoing, including obtaining approvals and the signing and execution of documents. CARRIED RATIONALE Enclosed is the recommended 2014 Budget, Operating and Capital. The budget will be presented to the Authority at its meeting scheduled to be held on April 25, 2014.
Municipal Approval Status Preliminary estimates are prepared in the summer and fall of each year for submission to TRCA's municipal funding partners. Staff meets with municipal staff as required by the budget processes and budget schedules followed by each major participating municipality. Presentations are made to municipal finance staff and the committees and councils of the funding partners as required. In the case of Peel Region, TRCA works closely with staff at Credit Valley and Halton conservation authorities to align budget information and requirements. A similar process occurs with York Region where TRCA works closely with the Lake Simcoe Region Conservation Authority. In Durham Region, TRCA staff work closely with five conservation authorities to align budgets and financial submissions to meet the Region of Durham requirements. TRCA's submissions to the City of Toronto for capital and operating levy are reviewed with senior Finance and Toronto Water staff.
The 2014 Preliminary Estimates were approved by the Authority in October, 2013, as the basis for submissions to TRCA's municipal funding partners. The funding identified in the apportionment of the levy reflects the amounts that the municipal funding partners have approved in their 2014 budgets for capital and operating. Contributions from the City of Toronto and the regional municipalities of Durham, Peel and York have received council approval. The Township of Adjala-Tosorontio and the Town of Mono have been advised of TRCA's levy request.
MNR Transfer Payments The 2014 provincial transfer payments which must be matched with levy has not been announced. The 2014 operating budget includes a provision for MNR transfer payments at an amount equal to the funding received in 2013 or $774,000.
Notice of Meeting By regulation, TRCA has provided 30 days written notice to its member municipalities of the date of the meeting at which the Authority will consider the municipal levy. At the April 25, 2014 Authority meeting, a recorded vote on the budget recommendations including the non-matching municipal levy is required. The weighted voting procedure prescribed by regulation will be used, if necessary.
3 2014 Budget Presentation In order to meet the provisions of the Conservation Authorities Act and the regulations made there under, it continues to be necessary to distinguish between general levy (operating) and benefitting levy (capital projects.) However, due to the unique budgetary requirements of each of the four major participating municipalities the distinction between operating and capital has been blurred over the years. For this reason the presentation adopted in the 2014 budget focuses on the nine service areas of the TRCA business plan, regardless of the underlying nature of the expenditure.
Further, with the migration of the accounts onto the newly acquired Agresso Business World financial software, staff took the opportunity to begin the alignment of budget and financial statement presentations. Future iterations of the budget document will exclude tangible capital asset (TCA) expenditures, but will include amortization of TCA, in line with the audited financial statement disclosure.
Operating Budget - Overview of Key Issues
Salary/Wage Costs The Authority was advised in October, 2013, when the preliminary estimates were approved, that staff was recommending an increase of 2%, effective for the first pay in April, 2014. TRCA salary and wage adjustments over the last five years, as outlined below, have averaged 1.8% per year, on a simple average basis.
2010 - 2% 2011 - 0% 2012 - 3% 2013 - 2% 2014 – 2%
Staffing Levels The TRCA full time equivalents (FTEs) included in the operating budget are projected to be 409.4 for 2014, as compared to 410.3 budgeted in 2013. Please refer to the summary on page 8 of the budget document.
Expenditures/Operating Revenues The 2014 operating expenditure budget is $39.2 million, an increase of $.84 million or 2.2% over 2013 budget. The increase in expenditures will be financed by additional revenues (non-levy) of 0.7 million (4.1% increase) and additional general levy of $0.35 (2.8% increase.) Wage costs have increased $.76 million and benefit costs are $0.16 million over 2013 budget. The largest segment of the operating budget is wages and benefits, representing 78.9% of gross operating expenditures.
4 Municipal Funding Arrangements Each of TRCA's participating municipalities has its own unique budget requirements and annual budgetary pressures. TRCA has met each of the individual participating municipality’s requirements within the context of the Conservation Authorities Act. In recent years, TRCA has changed the funding "formula” to achieve greater flexibility in meeting individual municipal partner guidelines. To this end, the 2014 operating levy includes a component, totalling $334,000 (2013 - $206,500) referred to as “Non-CVA Levy". Under the provisions of the Act, TRCA makes a general levy against all of its participating municipalities to fund its general operating requirements. With regard to the portion of the levy that is for "administration costs" as defined in the Act, TRCA must use CVA as the basis of apportionment. With respect to the balance of the general levy which is raised for "maintenance costs" a conservation authority may apportion benefit using any method that is approved in adopting the budget. In essence, the non-CVA levy adjusts the amount of the general levy that relates to maintenance costs that would otherwise be apportioned using CVA as the basis and allows TRCA to meet the unique funding guidelines of each participating municipality.
The non-CVA levy apportionments for 2014 have been allocated to the municipalities as follows:
Municipality 2014 2013 Durham $55,900 $26,200 Peel $178,200 $89,700 Toronto - - York 99,900 $90,600 Mono - - Adjala-Tosorontio - - Total $334,000 $206,500
After giving consideration to all of the factors that affect the general levy on a municipality including tax adjustments, year over year shifts in CVA and individual targets set municipally, TRCA has achieved total municipal levy funding in the amount of $12,851,000 representing an average increase over 2013 of 2.84%. The general levy has been allocated to the municipal partners as follows:
Municipality 2014 General Levy Change over 2013 Durham $521,287 2.74% Peel $1,635,969 4.01% Toronto $7,858,337 2.50% York $2,832,928 3.15% Mono $1,156 -40.90% Adjala-Tosorontio $1,323 46.67% Total $12,851,000 2.84%
5 Property Taxes on Conservation Lands TRCA is required to pay property taxes on its lands except where TRCA has received an exemption or partial exemption under the Conservation Land Tax Incentive Program (CLTIP). In the case of revenue producing properties such as rental houses or leased lands, taxes are covered by the revenues received. For park and conservation lands, where taxes are payable, the rates are generally relatively low. In the City of Toronto, most park and conservation lands are exempt from property taxation because the City exercised its ability under the City of Toronto Act to exempt park land from taxes. In the regions of Peel, York and Durham, the Town of Mono and the Township of Adjala-Tosorontio, property taxes are paid on conservation lands not included under CLTIP. In fairness to the City of Toronto which grants exemption, TRCA has long had a practice of allocating the cost of property taxes to the jurisdiction which levies the taxes. This is reflected as an adjustment to the apportionment of the general levy.
Capital Budget Summary The 2014 capital budget is set at $86.7 million, an increase of $15.0 million over 2013. Municipal funding will pay for $49.0 million of the capital program, of which $35.9 will be raised in 2014 and the balance ($13.1 million) is on hand as carried forward levy from previous years. Funding from other sources amounts to $37.7 million.
Commensurate with the growth in capital spending is the associated FTE count. The 2014 FTE estimate is 266.1, an increase of 14.3, over 2013. Capital expenditures can vary significantly from year to year as funding is made available. A summary of the 2014 capital program appears at pages 11 to 16 of the attached budget document.
Capital projects are usually funded by the municipal partners on a benefitting municipality basis. That is, with few exceptions, capital projects funded by a municipality are undertaken within that municipality. These include: z erosion control projects (Peel, Toronto and York); z Remedial Action Plan program (Toronto); z waterfront development (Toronto and Durham); z natural heritage regeneration projects in Peel and York; z regional watershed monitoring; z Black Creek Pioneer Village restoration program (Toronto); z flood control works and flood plain mapping; z watershed management projects; z Peel Region Climate Change Project; z conservation land care (Peel and York); z conservation area infrastructure.
Some capital programs are generally benefitting. These include: z public use infrastructure - levy based on CVA, used to fund infrastructure needs of parks and education field centres; z information technology - levy based on CVA, used to fund common capital IT needs across the organization; z major facilities retrofit - levy based on CVA, used for major capital expenditures for buildings and accommodation;
6 Certain capital programs are uniquely funded: z land acquisition - major acquisitions leverage funding available from regions of Peel, York and Durham, City of Toronto, local municipalities, Oak Ridges Moraine Foundation, The Living City Foundation and other sources; z the source water protection program is funded entirely by the Province of Ontario; z Toronto Waterfront Revitalization Corporation (TWRC) projects - funded directly by TWRC through delivery agreements, including Port Union, Mimico and Lower Don River; z Humber Bay Shores (Etobicoke Motel Strip) - legacy project for which the City of Toronto and Province of Ontario have continuing commitment to finance the final costs of the expropriation process; z groundwater strategies and management - costs shared by Peel, York, Durham and the City of Toronto.
Special Project Funding: z TRCA works with its municipal partners to undertake special projects wherein TRCA has significant, specialized expertise. These special projects include erosion work, construction of trails, bridges and wetlands, and tree planting. This funding varies from year to year and is completely separate from the municipal operating and capital levy funding.
Consolidated Overview The 2014 gross expenditure budget, capital and operating combined, is approximately $126.0 million, the highest amount in the history of the organization. The growth has been occurring mostly within the capital accounts, as previously noted, and both through the levy process and contracted work with regional and local municipalities.
The 2013 audited financial statements will be available at the June meeting of the Budget/Audit Advisory Board. While there may still be a need to process a few minor adjustments to the year end results, 2013 results indicate surplus within the operating accounts of approximately $1 million. In the capital accounts due to costs which were incurred in 2013 (to be recovered from approved funding in 2014) the accounts will show a deficit of about $0.8 million. The 2014 capital budget projects a surplus of $.94 million to offset the extra costs incurred in 2013. These projects are noted in the 2013 Year End Financial Progress Report, a separate report on this agenda.
Going into 2013 the cumulative surplus was $0.3 million. Based on the analysis above, it is anticipated that the end of year surplus position will grow by $0.2 million to $0.5 million and a further $0.8 once the capital deficit has been financed after 2014. Details of the 2013 net results are available elsewhere on the agenda, in the report titled "2013 Year End Financial Progress Report". The June report to the board may include recommendations regarding transfers between reserves and surplus.
7 DETAILS OF WORK TO BE DONE At the Budget/Audit Advisory Board meeting, staff will make a presentation summarizing the 2014 operating and capital budgets.
Report prepared by: Rocco Sgambelluri, extension 5232 Emails: [email protected] For Information contact: Rocco Sgambelluri, extension 5232 Emails: [email protected] Date: April 7, 2014 Attachments: 1
8 Attachment 1
2014BUDGET OPERATINGANDCAPITAL
9 Table of Contents
Section 1 – 2014 Apportionment of Levy Apportionment of 2014 Operating Budget Levy 1 2014 Basis of Apportionment – Municipal Levy 2014 Levy Apportionment
Section 2 – Operating and Capital Budget 2014 Operating Budget – Revenue Summary 2014 Operating Budget – Expenditure Summary 2014 Capital Budget – Revenue Summary 2014 Capital Budget – Expenditure Summary Total 2014 Capital Levy – By Service Area Full Time Equivalents 1
Section 3 – Operating and Capital Budget by Service Area 2014 Operating and Capital Budget – Revenue Summary 1 2014 Operating and Capital Budget – Expenditure Summary Operating and Capital Budget – Watershed Studies and Strategies Operating and Capital Budget – Water Risk Management Operating and Capital Budget – Regional Biodiversity Operating and Capital Budget – Land Securement and Management 2 Operating and Capital Budget – Tourism and Recreation 1 Operating and Capital Budget – Planning and Development Review Operating and Capital Budget – Education and Outreach Operating and Capital Budget – Sustainable Communities Operating and Capital Budget – Corporate Services
10 Toronto and Region Conservation Authority 1 2014 Budget Apportionment of 2014 Operating Budget Levy
2014 General Levy Levy Excluding Total 2013 Tax Tax Non-CVA General Operating Adjustment Adjustment Levy Levy Levy* Operating Levy Change $$ $ $ $%
Adjala- Tosorontio 823 500 1,323 902 421 46.67%
Durham 337,387 128,000 55,900 521,287 507,365 13,922 2.74%
Toronto 7,858,037 300 7,858,337 7,666,494 191,843 2.50%
Mono 956 200 1,156 1,956 (800) -40.90%
Peel 1,359,769 98,000 178,200 1,635,969 1,572,950 63,019 4.01%
York 2,555,028 178,000 99,900 2,832,928 2,746,333 86,595 3.15%
12,112,000 405,000 334,000 12,851,000 12,496,000 355,000 2.84%
11 Toronto and Region Conservation Authority 2014 Budget 2014 Basis of Apportionment - Municipal Levy (Based on 2013 for 2014 Modidfied Current Value Assessment Figures)
% Of Current Value Current Value Municipality in Assessment in Population in Municipality Assessment Authority Watershed Total Population Authority $(000's) $(000's)
Township of Adjala-Tosorontio 1,797,438 4 71,898 9,644 386 Durham, Regional Municipality of 35,855,041 * 29,485,674 199,023 165,862 City of Toronto 686,747,613 100 686,747,613 2,142,038 2,142,038 Town of Mono 1,670,438 5 83,522 6,914 346 Peel, Regional Municipality of 271,517,775 * 118,836,026 1,039,636 473,229 York, Regional Municipality of 244,231,488 * 223,294,894 749,320 675,622
1,241,819,793 1,058,519,626 4,146,575 3,457,483
Analysis of Regional Municipalities*
Durham, Regional Municipality of Ajax, Town of 15,709,085 86 13,509,814 96,478 82,971 Pickering, Town of 15,984,380 95 15,185,161 83,430 79,259 Uxbridge Township 4,161,575 19 790,699 19,115 3,632
35,855,041 29,485,674 199,023 165,862
Peel, Regional Municipality of Brampton, City 86,505,848 63 54,498,685 393,660 248,006 Mississauga, City of 170,087,356 33 56,128,828 591,197 195,095 Caledon, Town of 14,924,570 55 8,208,514 54,779 30,128
271,517,775 118,836,026 1,039,636 473,229
York, Regional Municipality of Aurora, Town of 12,345,280 4 493,811 45,105 1,804 Markham, Town of 77,760,231 100 77,760,231 249,877 249,877 Richmond Hill, Town of 47,142,100 99 46,670,679 152,455 150,930 Vaughan, Town of 91,662,496 100 91,662,496 250,582 250,582 Whitchurch-Stouffville, Town of 9,347,254 43 4,019,319 32,810 14,108 King Township 5,974,127 45 2,688,357 18,491 8,321
244,231,488 223,294,894 749,320 675,622
*As provided by the Ministry of Natural Resources
12 Toronto and Region Conservation Authority 2014 Budget 2014 Levy Apportionment
Modified Current Value Assessment in 2014 General Levy 2013 General Levy Municipality Watershed Proportionate Factor Proportionate Factor $(000's)
Adjala-Tosorontio 71,898 0.0068% 0.0076%
Durham, Regional Municipality of Ajax 13,509,814 Pickering 15,185,161 Uxbridge 790,699
29,485,674 2.7856% 3.0142%
City of Toronto 686,747,613 64.8781% 64.6525%
Town of Mono 83,522 0.0079% 0.0089%
Peel, Regional Municipality of Brampton 54,498,685 Mississauga 56,128,828 Caledon 8,208,514
118,836,026 11.2266% 11.6254%
York, Regional Municipality of Aurora 493,811 Markham 77,760,231 Richmond 46,670,679 Vaughan 91,662,496 Whitchurch - Stouffville 4,019,319 King 2,688,357
223,294,894 21.0950% 20.6914%
1,058,519,626 100.0000% 100.0000%
13 Toronto and Region Conservation Authority 2014 Budget 2014 Operating Budget - Revenue Summary $ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Revenue Municipal Operating levies 12,851,000 12,496,000 12,496,000 355,000 2.8% Capital levies 349,000 335,000 335,000 14,000 4.2% Other 1,284,000 1,304,000 1,098,000 (20,000) -1.5% Government Grants Provincial 1,878,000 1,904,000 1,790,000 (26,000) -1.4% Federal 14,000 71,000 63,000 (57,000) -80.3% User fees, sales and admissions 17,767,000 17,073,000 16,499,000 694,000 4.1% Contract services Municipal 386,000 480,000 582,000 (94,000) -19.6% Corporate and other 121,000 96,000 170,000 25,000 26.0% Rent and property interests 2,670,000 2,599,000 2,555,000 71,000 2.7% Fundraising Donations 249,000 249,000 3,000 - 0.0% The Living City Foundation 1,053,000 1,041,000 1,104,000 12,000 1.2% Investment income 540,000 540,000 571,000 - 0.0% Reserves 213,000 Sundry 30,000 30,000 429,000 -
Total Revenue 39,190,000 38,431,000 37,695,000 974,000 2.5%
14 Toronto and Region Conservation Authority 2014 Budget 2014 Operating Budget - Expenditure Summary $ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget
Expenditures Watershed Studies and Strategies Watershed and Waterfront Plans 2,107,000 2,104,000 1,765,000 3,000 0.1% Climate and Extreme Weather Impacts 92,000 - 92,000 92,000 0.0% Total Watershed Studies and Strategies 2,199,000 2,104,000 1,857,000 95,000 4.5%
Water Risk Management Technical Services - Water Risk 20,000 20,000 18,000 - 0.0% Flood Management 692,000 662,000 688,000 30,000 4.5% Total Water Risk Management 712,000 682,000 706,000 30,000 4.4%
Regional Biodiversity Natural Channels - - - -0.0% Ecosystem Management Research and Directions 233,000 272,000 212,000 (39,000) -14.3% Habitat Restoration Works 393,000 429,000 408,000 (36,000) -8.4% Forest Management 146,000 214,000 125,000 (68,000) -31.8% Indigenous Plan Propagation (20,000) (15,000) (155,000) (5,000) 33.3% Restoration and Regeneration 305,000 355,000 245,000 (50,000) -14.1% Total Regional Biodiversity 1,057,000 1,255,000 835,000 (198,000) -15.8%
Land Securement and Management Property Taxes and Insurance 610,000 644,000 561,000 (34,000) -5.3% Land Securement 91,000 87,000 87,000 4,000 4.6% Land Management 155,000 144,000 150,000 11,000 7.6% Archaeology 281,000 281,000 461,000 - 0.0% Rental Properties 2,081,000 2,045,000 2,223,000 36,000 1.8% Total Land Securement and Management 3,218,000 3,201,000 3,482,000 17,000 0.5%
Tourism and Recreation Conservation Parks 5,120,000 5,073,000 5,020,000 47,000 0.9% Trails 25,000 25,000 27,000 - 0.0% Bathurst Glen 1,269,000 1,271,000 1,186,000 (2,000) -0.2% Black Creek Pioneer Village 3,743,000 3,932,000 3,718,000 (189,000) -4.8% Public Use Infrastructure 25,000 25,000 17,000 - 0.0% Events and Festivals 2,188,000 2,026,000 2,443,000 162,000 8.0% Total Tourism and Recreation 12,370,000 12,352,000 12,411,000 18,000 0.1%
15 $ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Planning and Development Review Development Planning and Regulation Permitting 2,517,000 2,462,000 2,060,000 55,000 2.2% Environmental Assessment Planning and Permitting 2,903,000 3,008,000 2,617,000 (105,000) -3.5% Enquiries 1,047,000 1,040,000 1,002,000 7,000 0.7% Policy Development and Review 153,000 273,000 205,000 (120,000) -44.0% Total Planning and Development Review 6,620,000 6,783,000 5,884,000 (163,000) -2.4%
Education and Outreach Educational Infrastructure 72,000 71,000 34,000 1,000 1.4% School Programs 4,273,000 4,108,000 3,921,000 165,000 4.0% Professional Training and Development 992,000 985,000 1,009,000 7,000 0.7% Family Programs 23,000 52,000 54,000 (29,000) -55.8% Total Education and Outreach 5,360,000 5,216,000 5,018,000 144,000 2.8%
Sustainable Communities Community Engagement - 5,000 - (5,000) -100.0% Total Sustainable Communities - 5,000 - (5,000) -100.0%
Corporate Services Financial Services 1,577,000 1,417,000 1,496,000 160,000 11.3% Corporate Management and Infrastructure 3,547,000 3,168,000 3,057,000 379,000 12.0% Human Resources 788,000 601,000 599,000 187,000 31.1% Marketing and Communications 1,431,000 1,405,000 1,383,000 26,000 1.9% Information Management 1,675,000 1,561,000 1,525,000 114,000 7.3% Management and Governance Services 669,000 631,000 537,000 38,000 6.0% Project Recoveries (2,063,000) (2,055,000) (2,124,000) (8,000) 0.4% Vehicles and Equipment 30,000 30,000 42,000 - 0.0% Total Corporate Services 7,654,000 6,758,000 6,515,000 896,000 13.3%
Total Expenditures 39,190,000 38,356,000 36,708,000 839,000 2.2%
Net Budget - (75,000) (990,000) 75,000 -100.0%
16 Toronto and Region Conservation Authority 2014 Budget 2014 Capital Budget - Revenue Summary $ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Revenue Municipal Capital levies 48,686,000 35,249,000 24,352,000 13,437,000 38.1% Other 2,537,000 2,226,000 1,366,000 311,000 14.0% Government Grants Provincial 1,768,000 1,917,000 2,516,000 (149,000) -7.8% Federal 1,466,000 1,599,000 1,612,000 (133,000) -8.3% User fees, sales and admissions 954,000 623,000 1,369,000 331,000 53.1% Contract services Municipal 23,939,000 23,523,000 14,987,000 416,000 1.8% Compensation agreements 2,236,000 1,018,000 52,000 1,218,000 119.6% Corporate and other 2,262,000 1,786,000 1,038,000 476,000 26.7% Rent and property interests 498,000 498,000 11,000 - 0.0% Fundraising Donations 3,000,000 3,000,000 13,000 - 0.0% The Living City Foundation 371,000 382,000 410,000 (11,000) -2.9% Investment income - - 18,000 - 0.0% Sundry - - 2,000 -
Total Revenue 87,717,000 71,821,000 47,746,000 15,896,000 22.1%
17 Toronto and Region Conservation Authority 2014 Budget 2014 Capital Budget - Expenditure Summary $ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Expenditures Watershed Studies and Strategies Watershed and Waterfront Plans 3,157,000 1,579,000 1,077,000 1,578,000 99.9% Report Cards 976,000 1,330,000 546,000 (354,000) -26.6% Climate and Extreme Weather Impacts 894,000 1,342,000 594,000 (448,000) -33.4% Total Watershed Studies and Strategies 5,027,000 4,251,000 2,217,000 776,000 18.3%
Water Risk Management Technical Services - Water Risk 3,432,000 2,698,000 3,118,000 734,000 27.2% Erosion Management 14,084,000 7,808,000 6,692,000 6,276,000 80.4% Flood Management 3,704,000 6,011,000 3,014,000 (2,307,000) -38.4% Total Water Risk Management 21,220,000 16,517,000 12,824,000 4,703,000 28.5%
Regional Biodiversity Biodiversity Monitoring 1,826,000 1,369,000 1,396,000 457,000 33.4% Natural Channels 514,000 512,000 237,000 2,000 0.4% Ecosystem Management Research and Directions 977,000 1,177,000 852,000 (200,000) -17.0% Habitat Restoration Works 7,607,000 6,022,000 3,053,000 1,585,000 26.3% Wildlife Management 196,000 118,000 150,000 78,000 66.1% Forest Management 361,000 343,000 233,000 18,000 5.2% Indigenous Plan Propagation 180,000 144,000 (12,000) 36,000 25.0% Restoration and Regeneration 3,076,000 3,168,000 3,155,000 (92,000) -2.9% Total Regional Biodiversity 14,737,000 12,853,000 9,064,000 1,884,000 14.7%
Land Securement and Management Land Securement 5,248,000 5,250,000 1,588,000 (2,000) 0.0% Land Management 3,203,000 3,236,000 1,950,000 (33,000) -1.0% Archaeology 47,000 45,000 59,000 2,000 4.4% Rental Properties 563,000 2,000 1,000 561,000 28050.0% Total Land Securement and Management 9,061,000 8,533,000 3,598,000 528,000 6.2%
Tourism and Recreation Waterfront Parks 12,610,000 10,446,000 7,369,000 2,164,000 20.7% Conservation Parks 741,000 1,121,000 813,000 (380,000) -33.9% Trails 2,128,000 2,546,000 504,000 (418,000) -16.4% Bathurst Glen 2,180,000 19,000 150,000 2,161,000 11373.7% Black Creek Pioneer Village 3,000 - 419,000 3,000 0.0% Public Use Infrastructure 3,741,000 3,374,000 1,285,000 367,000 10.9% Events and Festivals - - - -0.0% Total Tourism and Recreation 21,403,000 17,506,000 10,540,000 3,897,000 22.3%
18 $ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Planning and Development Review Environmental Assessment Planning and Permitting - - 86,000 - 0.0% Policy Development and Review 593,000 561,000 564,000 32,000 5.7% Total Planning and Development Review 593,000 561,000 650,000 32,000 5.7%
Education and Outreach Educational Infrastructure 3,714,000 1,706,000 1,610,000 2,008,000 117.7% School Programs 1,036,000 877,000 869,000 159,000 18.1% Professional Training and Development 802,000 741,000 705,000 61,000 8.2% Total Education and Outreach 5,552,000 3,324,000 3,184,000 2,228,000 67.0%
Sustainable Communities Living City Transition Program 4,501,000 4,544,000 3,749,000 (43,000) -0.9% Community Engagement 2,572,000 2,353,000 1,597,000 219,000 9.3% Total Sustainable Communities 7,073,000 6,897,000 5,346,000 176,000 2.6%
Corporate Services Corporate Management and Infrastructure 1,357,000 687,000 549,000 670,000 97.5% Human Resources - - (6,000) - 0.0% Information Management 741,000 690,000 674,000 51,000 7.4% Project Recoveries 5,000 - (110,000) 5,000 0.0% Total Corporate Services 2,103,000 1,377,000 1,107,000 726,000 52.7%
Total Expenditures 86,769,000 71,819,000 48,530,000 14,950,000 20.8%
Net Budget (944,000) - 782,000 (944,000) 0.0%
19 Toronto and Region Conservation Authority 1 2014 Budget Total 2014 Capital Levy by Service Area
Total by Service Service Area Peel Toronto York Durham Adjala Mono Total Area $(000's) $(000's) $(000's) $(000's) $(000's) $(000's) Watershed Studies and 2014 Capital Strategies Levy 605 1,693 85 50 - - 2,433 3,180 Carryforward 230 492 22 3 - - 747
2014 Capital Water Risk Management Levy 2,231 8,699 1,771 331 - - 13,032 16,313 Carryforward 1,615 808 794 56 - - 3,273
2014 Capital Regional Biodiversity Levy 3,497 2,460 894 234 - - 7,085 8,409 Carryforward 768 378 125 20 - - 1,291
Land Securement and 2014 Capital Management Levy 1,368 477 466 38 - - 2,349 2,856 Carryforward 466 37 5 - - 508
2014 Capital Tourism and Recreation Levy 1,790 404 62 138 - - 2,394 4,291 Carryforward 2,452 19 - 33 - - 2,504
Planning and Development 2014 Capital Review Levy 517 143 147 59 - - 866 943 Carryforward 17 25 17 17 - - 76
2014 Capital Education and Outreach Levy 1,757 310 1,149 - - - 3,216 4,107 Carryforward 833 58 - - - - 891
2014 Capital Sustainable Communities Levy 2,024 553 563 64 - - 3,204 4,327 Carryforward 750 265 108 - - - 1,123
2014 Capital Corporate Services Levy 311 731 228 33 1,303 4,043 Carryforward 331 1,791 536 82 2,740
2014 Capital Total Levy 14,100 15,470 5,365 947 - - 35,882
Carryforward 7,462 3,836 1,639 216 - - 13,153
Total by Municipality 21,562 19,306 7,004 1,163 49,035
20 Toronto and Region Conservation Authority 1 2014 Budget 2014 Full-time Equivalent Employees (FTEs)
Type Full Time Non-FT Grand Total Operating
Watershed Studies and Strategies 15.4 0.1 15.5 Water Risk Management 4.9 4.9 Regional Biodiversity 14.5 2.3 16.8 Land Securement and Management 14.2 7.4 21.6 Tourism and Recreation 49.7 97.5 147.2 Planning and Development Review 62.7 0.5 63.2 Education and Outreach 42.7 19.8 62.5 Sustainable Communities 0.1 0.1 Corporate Services 76.7 0.8 77.5
Operating Total 280.9 128.5 409.4
Capital
Watershed Studies and Strategies 11.8 0.1 11.9 Water Risk Management 54.9 13.5 68.3 Regional Biodiversity 60.1 22.6 82.7 Land Securement and Management 16.0 0.2 16.3 Tourism and Recreation 17.2 1.6 18.9 Planning and Development Review 3.1 3.1 Education and Outreach 14.5 2.0 16.5 Sustainable Communities 42.9 2.2 45.1 Corporate Services 3.2 0.2 3.4
Capital Total 223.8 42.3 266.1
Total FTEs 504.7 170.8 675.5
2013 Total FTEs 445 217.1 662.1 Year over Year Change 59.7 -46.3 13.4
21 Toronto and Region Conservation Authority 1 2014 Operating and Capital Budget
2014 Operating and Captial Budget - Revenue Summary $ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Revenue Municipal Operating levies 12,851,000 12,496,000 12,496,000 355,000 2.8% Capital levies 49,035,000 35,584,000 24,687,000 13,451,000 37.8% Other 3,821,000 3,530,000 2,464,000 291,000 8.2% Government Grants Provincial 3,646,000 3,821,000 4,306,000 (175,000) -4.6% Federal 1,480,000 1,613,000 1,675,000 (133,000) -8.2% User fees, sales and admissions 18,721,000 17,669,000 17,868,000 1,052,000 6.0% Contract services Municipal 24,325,000 24,003,000 15,569,000 322,000 1.3% Compensation agreements 2,236,000 1,018,000 52,000 1,218,000 119.6% Corporate and other 2,383,000 1,882,000 1,208,000 501,000 26.6% Rent and property interests 3,168,000 3,097,000 2,567,000 71,000 2.3% Fundraising Donations 3,249,000 3,249,000 16,000 - 0.0% The Living City Foundation 1,424,000 1,423,000 1,514,000 1,000 0.1% Investment income 540,000 540,000 589,000 - 0.0% Sundry 30,000 30,000 432,000 -
Total Revenue 126,909,000 109,955,000 85,443,000 16,954,000 15.4%
22 Toronto and Region Conservation Authority 2014 Operating and Capital Budget
2014 Operating and Captial Budget - Expenditure Summary $ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget
Expenditures Watershed Studies and Strategies Watershed and Waterfront Plans 5,264,000 3,683,000 2,842,000 1,581,000 42.9% Report Cards 976,000 1,330,000 546,000 (354,000) -26.6% Climate and Extreme Weather Impacts 987,000 1,342,000 685,000 (355,000) -26.5% Total Watershed Studies and Strategies 7,227,000 6,355,000 4,073,000 872,000 13.7%
Water Risk Management Technical Services - Water Risk 3,452,000 2,718,000 3,136,000 734,000 27.0% Erosion Management 14,084,000 7,808,000 6,692,000 6,276,000 80.4% Flood Management 4,396,000 6,673,000 3,702,000 (2,277,000) -34.1% Total Water Risk Management 21,932,000 17,199,000 13,530,000 4,733,000 27.5%
Regional Biodiversity Biodiversity Monitoring 1,826,000 1,369,000 1,396,000 457,000 33.4% Natural Channels 514,000 513,000 237,000 1,000 0.2% Ecosystem Management Research and Directions 1,210,000 1,449,000 1,064,000 (239,000) -16.5% Habitat Restoration Works 8,000,000 6,451,000 3,460,000 1,549,000 24.0% Wildlife Management 196,000 118,000 150,000 78,000 66.1% Forest Management 507,000 557,000 358,000 (50,000) -9.0% Indigenous Plan Propagation 160,000 129,000 (167,000) 31,000 24.0% Restoration and Regeneration 3,381,000 3,523,000 3,400,000 (142,000) -4.0% Total Regional Biodiversity 15,794,000 14,109,000 9,898,000 1,685,000 11.9%
Land Securement and Management Property Taxes and Insurance 610,000 644,000 561,000 (34,000) -5.3% Land Securement 5,339,000 5,337,000 1,674,000 2,000 0.0% Land Management 3,358,000 3,380,000 2,101,000 (22,000) -0.7% Archaeology 328,000 326,000 519,000 2,000 0.6% Rental Properties 2,644,000 2,047,000 2,224,000 597,000 29.2% Total Land Securement and Management 12,279,000 11,734,000 7,079,000 545,000 4.6%
Tourism and Recreation Waterfront Parks 12,610,000 10,446,000 7,369,000 2,164,000 20.7% Conservation Parks 5,861,000 6,194,000 5,833,000 (333,000) -5.4% Trails 2,153,000 2,571,000 531,000 (418,000) -16.3% Bathurst Glen 3,449,000 1,290,000 1,335,000 2,159,000 167.4% Black Creek Pioneer Village 3,746,000 3,932,000 4,137,000 (186,000) -4.7% Public Use Infrastructure 3,766,000 3,399,000 1,302,000 367,000 10.8% Events and Festivals 2,188,000 2,026,000 2,443,000 162,000 8.0% Total Tourism and Recreation 33,773,000 29,858,000 22,950,000 3,915,000 13.1%
Planning and Development Reveiw Development Planning and Regulation Permitting 2,517,000 2,462,000 2,060,000 55,000 2.2% Environmental Assessment Planning and Permitting 2,903,000 3,008,000 2,703,000 (105,000) -3.5% Enquiries 1,047,000 1,040,000 1,002,000 7,000 0.7% Policy Development and Review 747,000 834,000 769,000 (87,000) -10.4% Total Planning and Development Reveiw 7,214,000 7,344,000 6,534,000 (130,000) -1.8%
Education and Outreach Educational Infrastructure 3,786,000 1,777,000 1,643,000 2,009,000 113.1% School Programs 5,309,000 4,985,000 4,790,000 324,000 6.5% Professional Training and Development 1,794,000 1,726,000 1,714,000 68,000 3.9% Family Programs 23,000 52,000 54,000 (29,000) -55.8% Total Education and Outreach 10,912,000 8,540,000 8,201,000 2,372,000 27.8%
23 $ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Sustainable Communities Living City Transition Program 4,501,000 4,544,000 3,749,000 (43,000) -0.9% Community Engagement 2,572,000 2,358,000 1,597,000 214,000 9.1% Total Sustainable Communities 7,073,000 6,902,000 5,346,000 171,000 2.5%
Corporate Services Financial Services 1,577,000 1,417,000 1,496,000 160,000 11.3% Corporate Management and Infrastructure 4,904,000 3,855,000 3,606,000 1,049,000 27.2% Human Resources 788,000 601,000 594,000 187,000 31.1% Marketing and Communications 1,431,000 1,405,000 1,383,000 26,000 1.9% Information Management 2,416,000 2,251,000 2,199,000 165,000 7.3% Management and Governance Services 669,000 631,000 537,000 38,000 6.0% Project Recoveries (2,058,000) (2,055,000) (2,234,000) (3,000) 0.1% Vehicles and Equipment 30,000 30,000 42,000 - 0.0% Total Corporate Services 9,757,000 8,135,000 7,623,000 1,622,000 19.9%
Total Expenditures 125,961,000 110,176,000 85,234,000 15,785,000 14.3%
Net Budget (944,000) (75,000) (209,000) (869,000) 1158.7%
24 Toronto and Region Conservation Authority 2014 Budget Operating and Capital - Watershed Studies and Strategies
Description: Comprehensive studies to further the understanding of the physical resources, natural features and systems of the watersheds and subwatersheds and how they are impacted by growth and climate change.
$ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Revenue Municipal Capital levies 3,180,000 1,902,000 948,000 1,278,000 67.2% Other 28,000 - 5,000 28,000 0.0% Government Grants Provincial 330,000 462,000 298,000 (132,000) -28.6% Federal 310,000 250,000 267,000 60,000 24.0% User fees, sales and admissions 3,000 - 23,000 3,000 0.0% Contract services Municipal 977,000 1,215,000 599,000 (238,000) -19.6% Corporate and other 373,000 518,000 77,000 (145,000) -28.0% Fundraising Donations 238,000 238,000 50,000 - 0.0% The Living City Foundation 121,000 35,000 143,000 86,000 245.7% Total Revenue 5,560,000 4,620,000 2,410,000 940,000 20.3%
Expenditures Watershed and Waterfront Plans Watershed Plan Updates and Follow-up 2,611,000 2,131,000 1,944,000 480,000 22.5% Integrated Shoreline Management Plans 2,653,000 1,552,000 898,000 1,101,000 70.9% Total Watershed and Waterfront Plans 5,264,000 3,683,000 2,842,000 1,581,000 42.9% Report Cards Living City Report Card 70,000 61,000 62,000 9,000 14.8% Trail Planning 906,000 1,269,000 484,000 (363,000) -28.6% Total Report Cards 976,000 1,330,000 546,000 (354,000) -26.6% Climate and Extreme Weather Impacts Research and Adaption Program 527,000 1,069,000 349,000 (542,000) -50.7% TRCA Trail Strategy 460,000 273,000 337,000 187,000 68.5% Total Climate and Extreme Weather Impacts 987,000 1,342,000 686,000 (355,000) -26.5% Total Expenditures 7,227,000 6,355,000 4,074,000 872,000 13.7%
Net Budget (1,667,000) (1,437,000) (1,663,000) (230,000) 16.0%
2014 2013 2012 Measures: Estimate Actual Actual 1. TBD - - - 2. TBD - - - 3. TBD - - - 4. TBD - - -
25 Toronto and Region Conservation Authority 2014 Budget Operating and Capital - Water Risk Management
Description: The strategic treatment of water based on the study of hydrology, hydraulics and hydrogeology and their relationship to the natural features and functions of the urban landscape. Water Risk Management entails planning, developing, distributing and managing the optimum use of water through engineering, ecology and the design of green infrastructure. The Watershed/Subwatershed Planning program is generally aimed at maintaining state-of-the-art planning tools to protect life and property and to assist municipalities with official plan updates and amendments to ensure a robust natural heritage system and water management strategy. Flood vulnerable areas, stormwater management and infrastructure for new and redeveloping urban areas is a key focus.
$ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Revenue Municipal Capital levies 16,305,000 9,932,000 6,761,000 6,373,000 64.2% Other 31,000 49,000 118,000 (18,000) -36.7% Government Grants Provincial 996,000 916,000 1,315,000 80,000 8.7% Federal 1,000 1,000 3,000 - 0.0% User fees, sales and admissions 33,000 31,000 21,000 2,000 6.5% Contract services Municipal 3,884,000 5,584,000 4,368,000 (1,700,000) -30.4% Compensation agreements 200,000 - - 200,000 0.0% Corporate and other 24,000 4,000 1,000 20,000 500.0% Investment income - - 17,000 - 0.0% Total Revenue 21,474,000 16,517,000 12,604,000 4,957,000 30.0%
Expenditures Technical Services - Water Risk Groundwater Strategies 773,000 594,000 520,000 179,000 30.1% Source Water Protection Strategy 996,000 913,000 1,229,000 83,000 9.1% Regional Monitoring 651,000 633,000 574,000 18,000 2.8% Hydrology 98,000 195,000 230,000 (97,000) -49.7% Stormwater Management 579,000 138,000 359,000 441,000 319.6% Flood Plain Mapping 355,000 244,000 223,000 111,000 45.5% Total Technical Services - Water Risk 3,452,000 2,717,000 3,135,000 735,000 27.1% Erosion Management Capital Works 13,123,000 6,844,000 5,714,000 6,279,000 91.7% Hazard Monitoring 961,000 964,000 978,000 (3,000) -0.3% Total Erosion Management 14,084,000 7,808,000 6,692,000 6,276,000 80.4%
26 $ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Flood Management Flood Forecasting and Warning 360,000 335,000 361,000 25,000 7.5% Flood Risk Management 2,975,000 3,294,000 1,609,000 (319,000) -9.7% Flood Infrastructure and Operations 1,060,000 3,044,000 1,732,000 (1,984,000) -65.2% Total Flood Management 4,395,000 6,673,000 3,702,000 (2,278,000) -34.1% Total Expenditures 21,931,000 17,198,000 13,529,000 4,733,000 27.5%
Net Budget (458,000) (681,000) (926,000) 223,000 -32.7%
2014 2013 2012 Measures: Estimate Actual Actual 1. Technical training - number of sites monitored 6 6 5 2. Flood risk remedial work locations - by cluster 42 42 42 3. Flood plain managed - by hectares - 14,000 13,911 4. TBD - - -
27 Toronto and Region Conservation Authority 2014 Budget Operating and Capital - Regional Biodiversity
Description: This service area includes programs, projects and activities that together create a comprehensive and integrated approach to regional biodiversity and green infrastructure management. The focus is on protecting, enhancing and managing all forms of green infrastructure (both aquatic and terrestrial) throughout the landscape, helping to realize the full benefits biodiversity provides to community and human well-being. The monitoring program establishes base line ecological conditions, informs site specific land use changes and allows for meaningful evaluation of ecosystem trends over time. Ecosystem management research and directions develop strategies that guide actions in planning and development, ecological restoration, land acquisition, and remediation. Restoration and regeneration programs provide an inclusive and effective approach to improving ecosystem health and wildlife habitat. The forest management program establishes and maintains healthy, vigorous and diverse forest cover
$ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Revenue Municipal Capital levies 8,376,000 6,265,000 5,069,000 2,111,000 33.7% Other 291,000 261,000 287,000 30,000 11.5% Government Grants Provincial 226,000 37,000 (94,000) 189,000 510.8% Federal 382,000 515,000 383,000 (133,000) -25.8% User fees, sales and admissions 577,000 669,000 971,000 (92,000) -13.8% Contract services Municipal 4,301,000 4,534,000 2,926,000 (233,000) -5.1% Compensation agreements 937,000 879,000 (225,000) 58,000 6.6% Corporate and other 386,000 361,000 360,000 25,000 6.9% Fundraising The Living City Foundation 79,000 77,000 126,000 2,000 2.6% Investment income - - 1,000 - 0.0% Net gain/loss on sale of tangible capital assets - - - -0.0% Sundry - - - - Total Revenue 15,555,000 13,598,000 9,804,000 1,957,000 14.4%
Expenditures Biodiversity Monitoring Regional Monitoring 651,000 633,000 574,000 18,000 2.8% Activity Based Monitoring 796,000 606,000 572,000 190,000 31.4% Terrestrial Inventory and Assessment 380,000 130,000 250,000 250,000 192.3% Total Biodiversity Monitoring 1,827,000 1,369,000 1,396,000 458,000 33.5% Natural Channels Natural Channel Design 514,000 512,000 237,000 2,000 0.4% Total Natural Channels 514,000 512,000 237,000 2,000 0.4% Ecosystem Management Research and Directions Aquatic System Priority Planning 203,000 248,000 228,000 (45,000) -18.1% Terrestrial (and Integrated) Ecosystem Management 980,000 1,145,000 808,000 (165,000) -14.4% Compensation Restoration 27,000 56,000 29,000 (29,000) -51.8% Total Ecosystem Management Research and Directions 1,210,000 1,449,000 1,065,000 (239,000) -16.5%
28 $ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Habitat Restoration Works Shoreline Restoration 1,052,000 794,000 593,000 258,000 32.5% Wetlands 615,000 701,000 477,000 (86,000) -12.3% Riparian and Flood Plain Restoration 1,139,000 913,000 533,000 226,000 24.8% Natural Channel and Stream Restoration 2,457,000 1,516,000 933,000 941,000 62.1% Terrestrial Planting 2,339,000 2,174,000 730,000 165,000 7.6% Invasive Species Management 386,000 343,000 159,000 43,000 12.5% Essential Wildlife Habitat 12,000 10,000 35,000 2,000 20.0% Total Habitat Restoration Works 8,000,000 6,451,000 3,460,000 1,549,000 24.0% Wildlife Management Wildlife Habitat Management 196,000 118,000 150,000 78,000 66.1% Total Wildlife Management 196,000 118,000 150,000 78,000 66.1% Forest Management Managed Forest Tax Incentive Planning 4,000 3,000 1,000 1,000 33.3% Forest Management Planning 34,000 33,000 37,000 1,000 3.0% Forest Management Operations 469,000 521,000 320,000 (52,000) -10.0% Total Forest Management 507,000 557,000 358,000 (50,000) -9.0% Indigenous Plan Propagation Propagation and Sale of Plants 160,000 129,000 (167,000) 31,000 24.0% Total Indigenous Plan Propagation 160,000 129,000 (167,000) 31,000 24.0% Restoration and Regeneration Inland and Lakefill Soil Management 318,000 285,000 306,000 33,000 11.6% Infill Projects - - - -0.0% Watershed Restoration 2,389,000 2,598,000 2,615,000 (209,000) -8.0% Private Land Stewardship Planning 675,000 640,000 479,000 35,000 5.5% Total Restoration and Regeneration 3,382,000 3,523,000 3,400,000 (141,000) -4.0% Total Expenditures 15,796,000 14,108,000 9,899,000 1,688,000 12.0%
Net Budget (240,000) (511,000) (94,000) 271,000 -53.0%
2014 2013 2012 Measures: Estimate Actual Actual 1. TRCA annual planting total 300,000 278,884 313,289 2. River and riverbank stabilization works - in linear metres 3,950 730 1,077 3. Terrestrial inventory and assessment - in Hectares 1,300 1,000 1,000 4. Number of monitoring sites (terrestrial, aquatic, species) 642 608 593
29 Toronto and Region Conservation Authority 2 2014 Budget Operating and Capital - Land Securement and Management
Description: Includes greenspace securement and looking after TRCA-owned lands. The process of managing the use and development (in both urban and rural settings) of land resources. This service area is informed by other service areas.
$ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Revenue Municipal Capital levies 2,857,000 3,279,000 2,593,000 (422,000) -12.9% Other 1,600,000 1,616,000 1,277,000 (16,000) -1.0% Government Grants Provincial 5,000 5,000 (1,000) - 0.0% Federal 6,000 10,000 42,000 (4,000) -40.0% User fees, sales and admissions 50,000 40,000 117,000 10,000 25.0% Contract services Municipal 751,000 199,000 427,000 552,000 277.4% Compensation agreements 1,072,000 89,000 209,000 983,000 1104.5% Corporate and other 90,000 18,000 2,000 72,000 400.0% Rent and property interests 3,123,000 3,066,000 2,464,000 57,000 1.9% Fundraising Donations 3,000,000 3,000,000 1,000 - 0.0% The Living City Foundation 5,000 96,000 6,000 (91,000) -94.8% Sundry - - 67,000 - Total Revenue 12,559,000 11,418,000 7,204,000 1,141,000 10.0%
Expenditures Property Taxes and Insurance Property Taxes and Insurance 610,000 644,000 561,000 (34,000) -5.3% Total Property Taxes and Insurance 610,000 644,000 561,000 (34,000) -5.3% Land Securement Greenspace Land Acqusition 5,339,000 5,337,000 1,674,000 2,000 0.0% Total Land Securement 5,339,000 5,337,000 1,674,000 2,000 0.0% Land Management Hazard Tree Management 97,000 79,000 46,000 18,000 22.8% Resource Management Planning 748,000 1,136,000 761,000 (388,000) -34.2% Inventory and audit 64,000 - 131,000 64,000 0.0% Implementation 2,449,000 2,165,000 1,162,000 284,000 13.1% Hazard Management - - 1,000 - 0.0% Total Land Management 3,358,000 3,380,000 2,101,000 (22,000) -0.7% Archaeology Archaeology 328,000 326,000 519,000 2,000 0.6% Total Archaeology 328,000 326,000 519,000 2,000 0.6% Rental Properties Rentals 2,644,000 2,047,000 2,224,000 597,000 29.2% Total Rental Properties 2,644,000 2,047,000 2,224,000 597,000 29.2% Total Expenditures 12,279,000 11,734,000 7,079,000 545,000 4.6%
Net Budget 280,000 (316,000) 125,000 596,000 -188.6%
2014 2013 2012 Measures: Estimate Actual Actual 1. TRCA buildings in asset register 500 499 495 2. Land secured by TRCA - cumulative - in Hectares 18,058 17,933 17,863 3. Archaeological assessments - in Hectares 39 39 51 4. Number of Hectares inventoried and audited 4,000 3,000 3,612
30 Toronto and Region Conservation Authority 2014 Budget Operating and Capital - Tourism and Recreation
Description: Includes a variety of programs and activities which promote outdoor recreation and nature-based tourism, encouraging the connection between health and well-being and time spent in natural environments.
$ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Revenue Municipal Capital levies 4,898,000 5,235,000 2,244,000 (337,000) -6.4% Other - - 213,000 - 0.0% Government Grants Provincial 324,000 324,000 227,000 - 0.0% Federal 13,000 15,000 130,000 (2,000) -13.3% User fees, sales and admissions 9,079,000 8,878,000 8,390,000 201,000 2.3% Contract services Municipal 14,047,000 12,201,000 7,153,000 1,846,000 15.1% Compensation agreements - - - - 0.0% Corporate and other 121,000 5,000 229,000 116,000 2320.0% Rent and property interests - - 71,000 - 0.0% Fundraising Donations 11,000 11,000 3,000 - 0.0% The Living City Foundation 64,000 75,000 219,000 (11,000) -14.7% Sundry - - 3,000 - Total Revenue 28,557,000 26,744,000 18,882,000 1,813,000 6.8%
Expenditures Waterfront Parks General Maintenance 240,000 226,000 276,000 14,000 6.2% Park Planning 12,370,000 10,220,000 7,093,000 2,150,000 21.0% Total Waterfront Parks 12,610,000 10,446,000 7,369,000 2,164,000 20.7% Conservation Parks Day Use 699,000 740,000 601,000 (41,000) -5.5% Picnics 439,000 444,000 363,000 (5,000) -1.1% Swimming 514,000 528,000 517,000 (14,000) -2.7% Fishing 84,000 83,000 79,000 1,000 1.2% Mountain Biking 17,000 16,000 - 1,000 6.3% Camping 932,000 919,000 688,000 13,000 1.4% Cross Country Skiing 63,000 42,000 113,000 21,000 50.0% Administration 977,000 868,000 856,000 109,000 12.6% General Maintenance 1,022,000 1,030,000 1,321,000 (8,000) -0.8% Visitor Services 365,000 415,000 447,000 (50,000) -12.0% Infrastructure 740,000 1,100,000 813,000 (360,000) -32.7% Filming 10,000 10,000 34,000 - 0.0% Total Conservation Parks 5,862,000 6,195,000 5,832,000 (333,000) -5.4% Trails Trail Development 1,983,000 2,483,000 408,000 (500,000) -20.1% Trail Management 170,000 88,000 123,000 82,000 93.2% Total Trails 2,153,000 2,571,000 531,000 (418,000) -16.3% Bathurst Glen Golf Course 3,449,000 1,290,000 1,335,000 2,159,000 167.4% Total Bathurst Glen 3,449,000 1,290,000 1,335,000 2,159,000 167.4%
31 $ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Black Creek Pioneer Village Heritage Village 3,746,000 3,932,000 4,137,000 (186,000) -4.7% Total Black Creek Pioneer Village 3,746,000 3,932,000 4,137,000 (186,000) -4.7% Public Use Infrastructure Pan-Am Games 715,000 901,000 654,000 (186,000) -20.6% Arsenal Lands 870,000 750,000 130,000 120,000 16.0% CA State of Good Repair 2,181,000 1,748,000 518,000 433,000 24.8% Total Public Use Infrastructure 3,766,000 3,399,000 1,302,000 367,000 10.8% Events and Festivals Private Functions 1,259,000 1,058,000 1,376,000 201,000 19.0% Day Festivals 929,000 968,000 1,067,000 (39,000) -4.0% Total Events and Festivals 2,188,000 2,026,000 2,443,000 162,000 8.0% Total Expenditures 33,774,000 29,859,000 22,949,000 3,915,000 13.1%
Net Budget (5,217,000) (3,115,000) (4,068,000) (2,102,000) 67.5%
2014 2013 2012 Measures: Estimate Actual Actual 1. Conservation parks total visitor admissions - annually 510,000 508,216 516,000 2. Bathurst Glen total visitor admissions 55,000 54,125 48,000 3. Number of new trails constructed - in metres 13,100 10,100 1,850 4. Black Creek Pioneer Village adminisions 125,000 121,000 131,600
32 Toronto and Region Conservation Authority 2014 Budget Operating and Capital - Planning and Development Review
Description: Environmental review in support of development. Conservation authorities have a legislated and mandated responsibility under the Conservation Authorities Act to have board-approved policies to further the conservation, restoration, development and management of natural resources.
$ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Revenue Municipal Capital levies 942,000 896,000 899,000 46,000 5.1% Other 1,194,000 1,299,000 958,000 (105,000) -8.1% User fees, sales and admissions 4,978,000 4,504,000 4,943,000 474,000 10.5% Contract services Municipal 26,000 - - 26,000 0.0% Corporate and other - - 90,000 - 0.0% Total Revenue 7,140,000 6,699,000 6,890,000 441,000 6.6%
Expenditures Development Planning and Regulation Permitting Planning 1,424,000 1,393,000 1,082,000 31,000 2.2% Permitting 1,093,000 1,069,000 975,000 24,000 2.2% Development Enforcement and Compliance - - 3,000 - 0.0% Total Development Planning and Regulation Permitting 2,517,000 2,462,000 2,060,000 55,000 2.2% Environmental Assessment Planning and Permitting Planning 718,000 705,000 579,000 13,000 1.8% Permitting 731,000 675,000 688,000 56,000 8.3% Development Enforcement and Compliance 270,000 262,000 296,000 8,000 3.1% Technical Services 1,184,000 1,367,000 1,140,000 (183,000) -13.4% Total Environmental Assessment Planning and Permitting 2,903,000 3,009,000 2,703,000 (106,000) -3.5% Enquiries Technical Services 1,047,000 1,040,000 1,002,000 7,000 0.7% Total Enquiries 1,047,000 1,040,000 1,002,000 7,000 0.7% Policy Development and Review Policy Development and Review 747,000 834,000 769,000 (87,000) -10.4% Total Policy Development and Review 747,000 834,000 769,000 (87,000) -10.4% Total Expenditures 7,214,000.00 7,345,000.00 6,534,000.00 -131,000.00 -1.8%
Net Budget (74,000) (645,000) 357,000 571,000 -88.5%
2014 2013 2012 Measures: Estimate Actual Actual 1. New section 28 permits received 1,065 1,064 1,032 2. Section 28 permits issued 970 970 944 3. Environmental assessments - applications 220 168 103 4. Master environmental servicing plans 20 15 18
33 Toronto and Region Conservation Authority 2014 Budget Operating and Capital - Education and Outreach
Description: Education and Outreach promotes a culture of life-long learning by providing education, outreach and training opportunities for residents of all ages. This includes programs provided at our education centres, in the community and in the home.
$ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Revenue Municipal Capital levies 4,107,000 2,840,000 2,040,000 1,267,000 44.6% Other 505,000 5,000 (481,000) 500,000 10000.0% Government Grants Provincial 775,000 850,000 1,315,000 (75,000) -8.8% Federal 87,000 17,000 183,000 70,000 411.8% User fees, sales and admissions 3,499,000 3,424,000 2,917,000 75,000 2.2% Contract services Municipal 55,000 20,000 27,000 35,000 175.0% Corporate and other 519,000 - 4,000 519,000 0.0% Fundraising Donations - - 1,000 - 0.0% The Living City Foundation 931,000 821,000 868,000 110,000 13.4% Investment income - - 3,000 - 0.0% Total Revenue 10,478,000 7,977,000 6,877,000 2,501,000 31.4%
Expenditures Educational Infrastructure Retrofits 2,876,000 1,277,000 1,535,000 1,599,000 125.2% Bolton Camp Development 910,000 500,000 109,000 410,000 82.0% Total Educational Infrastructure 3,786,000 1,777,000 1,644,000 2,009,000 113.1% School Programs Early Childhood Education 292,000 273,000 333,000 19,000 7.0% Field Centres 2,504,000 2,489,000 2,291,000 15,000 0.6% Kortright 775,000 762,000 753,000 13,000 1.7% Black Creek 331,000 325,000 325,000 6,000 1.8% Children's Water Festivals 80,000 80,000 81,000 - 0.0% Weston Family Environmental Leaders of Tomorrow 61,000 60,000 106,000 1,000 1.7% Community Characteristics Mapping 72,000 40,000 44,000 32,000 80.0% Education Development and Curriculum Services 320,000 198,000 122,000 122,000 61.6% Outreach Education 874,000 757,000 735,000 117,000 15.5% Total School Programs 5,309,000 4,984,000 4,790,000 325,000 6.5%
34 $ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget
Professional Training and Development STEP Training 667,000 602,000 426,000 65,000 10.8% Development of Internationally Trained Professionals 859,000 855,000 817,000 4,000 0.5% Teacher PD 131,000 130,000 93,000 1,000 0.8% EcoSchools and EcoCentres 137,000 139,000 379,000 (2,000) -1.4% Total Professional Training and Development 1,794,000 1,726,000 1,715,000 68,000 3.9% Family Programs Black Creek Pioneer Village - - 1,000 - 0.0% Kortright 23,000 52,000 52,000 (29,000) -55.8% Total Family Programs 23,000 52,000 53,000 (29,000) -55.8% Total Expenditures 10,912,000 8,539,000 8,202,000 2,373,000 27.8%
Net Budget (434,000) (563,000) (1,324,000) 129,000 -22.9%
2014 2013 2012 Measures: Estimate Actual Actual 1. M2P and PAIE program participants 152 102 102 2. Black Creek Pioneer Village education bookings - number of students 49,000 46,489 49,800 3. Outreach education participants 26,000 24,057 24,849 4. English as a Second Language - number of participants 4,000 3,755 2,310
35 Toronto and Region Conservation Authority 2014 Budget Operating and Capital - Sustainable Communities
Description: TRCA sustainable communities programs focus on catalyzing awareness and action on the combined social, economic and environmental sustainability in the region. They include initiatives to encourage neighborhoods and business sectors to make themselves more sustainable, to create understanding and capacity for area residents to be leaders in sustainability, and to help TRCA partners overcome technical, policy and market barriers to using more sustainable practices and technologies.
$ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Revenue Municipal Capital levies 4,327,000 3,955,000 3,047,000 372,000 9.4% Other 171,000 299,000 87,000 (128,000) -42.8% Government Grants Provincial 215,000 453,000 472,000 (238,000) -52.5% Federal 566,000 690,000 667,000 (124,000) -18.0% User fees, sales and admissions 345,000 66,000 371,000 279,000 422.7% Contract services Municipal 284,000 250,000 70,000 34,000 13.6% Compensation agreements 27,000 50,000 68,000 (23,000) -46.0% Corporate and other 871,000 977,000 424,000 (106,000) -10.8% Fundraising Donations - - (38,000) - 0.0% The Living City Foundation 223,000 168,000 151,000 55,000 32.7% Investment income - - - -0.0% Net gain/loss on sale of tangible capital assets - - - -0.0% Sundry - - - - Total Revenue 7,029,000 6,908,000 5,319,000 121,000 1.8%
Expenditures Living City Transition Program Sustainable Neighbourhood Action Plans (SNAP) 1,051,000 910,000 827,000 141,000 15.5% Community Transformation 916,000 1,241,000 812,000 (325,000) -26.2% Partners in Project Green 1,475,000 1,254,000 931,000 221,000 17.6% Urban Agriculture 209,000 168,000 99,000 41,000 24.4% Sustainable Technology Evaluation Program 850,000 971,000 1,081,000 (121,000) -12.5% Total Living City Transition Program 4,501,000 4,544,000 3,750,000 (43,000) -0.9% Community Engagement Multicultural Connections Program 135,000 108,000 108,000 27,000 25.0% Stakeholder Engagement 1,193,000 1,061,000 476,000 132,000 12.4% Community Stewardship 1,058,000 986,000 877,000 72,000 7.3% EVN (Environmental Volunteer Network) - 5,000 - (5,000) -100.0% Private Land Stewardship 185,000 198,000 136,000 (13,000) -6.6% Total Community Engagement 2,571,000 2,358,000 1,597,000 213,000 9.0% Total Expenditures 7,072,000.00 6,902,000.00 5,347,000.00 170,000.00 2.5%
Net Budget (44,000) 6,000 (28,000) (50,000) -833.3%
2014 2013 2012 Measures: Estimate Actual Actual 1. Stewardship participants 13,000 11,194 13,818 Number of innovative partnerships realized to 2. achieve regional sustainability objectives 37 24 13 Number of people engaged in regional 3. sustainability and stewardship initiatives 32,118 19,902 14,105 4. Stewardship events 245 224 187
36 Toronto and Region Conservation Authority 2014 Budget Operating and Capital - Corporate Services
Description: Activities related to the overall managment of the organization, that combine or consolidate certain company-wide needed support services, provided based on specialized knowledge, best practices and technology to serve internal (and sometimes external) customers and business partners.
$ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Revenue Municipal Operating levies 12,851,000 12,496,000 12,496,000 355,000 2.8% Capital levies 4,043,000 1,281,000 1,087,000 2,762,000 215.6% Government Grants Provincial 774,000 774,000 774,000 - 0.0% Federal 115,000 115,000 - -0.0% User fees, sales and admissions 159,000 57,000 115,000 102,000 178.9% Contract services Municipal - - 1,000 - 0.0% Corporate and other - - 22,000 - 0.0% Rent and property interests 45,000 31,000 31,000 14,000 45.2% Fundraising The Living City Foundation - 150,000 - (150,000) -100.0% Investment income 540,000 540,000 567,000 - 0.0% Sundry 30,000 30,000 363,000 - Total Revenue 18,557,000 15,474,000 15,456,000 3,083,000 19.9%
Expenditures Financial Services Budgeting and Capital Planning 1,485,000 1,325,000 1,341,000 160,000 12.1% TRCA and Project Needs Assessment 92,000 92,000 154,000 - 0.0% Total Financial Services 1,577,000 1,417,000 1,495,000 160,000 11.3% Corporate Management and Infrastructure Corporate Secretariat 1,158,000 1,049,000 1,028,000 109,000 10.4% Corporate Strategies - ---0.0% Corporate Sustainability Reporting 40,000 40,000 40,000 - 0.0% Major Facilities 3,605,000 2,659,000 2,462,000 946,000 35.6% Food Services 101,000 107,000 76,000 (6,000) -5.6% Total Corporate Management and Infrastructure 4,904,000 3,855,000 3,606,000 1,049,000 27.2%
37 $ Change % Change 2014 2013 2013 over 2013 over 2013 Budget Budget Year to date Budget Budget Human Resources Health and Safety - - (6,000) - 0.0% Staff Support 788,000 601,000 599,000 187,000 31.1% Total Human Resources 788,000 601,000 593,000 187,000 31.1% Marketing and Communications Digital Media Design, Production and Distribution - - 3,000 - 0.0% Print Media Design, Production and Distribution - - 3,000 - 0.0% Branding Strategy - - 3,000 - 0.0% Corporate Communications 1,282,000 1,258,000 1,248,000 24,000 1.9% Promotions - - 5,000 - 0.0% Enterprise System Development 149,000 147,000 121,000 2,000 1.4% Total Marketing and Communications 1,431,000 1,405,000 1,383,000 26,000 1.9% Information Management Information Technology Infrastructure 734,000 711,000 833,000 23,000 3.2% Knowledge Data Management and Databases 1,182,000 1,118,000 1,041,000 64,000 5.7% Business Applications 500,000 422,000 325,000 78,000 18.5% Total Information Management 2,416,000 2,251,000 2,199,000 165,000 7.3% Management and Governance Services Governance Services 669,000 631,000 537,000 38,000 6.0% Total Management and Governance Services 669,000 631,000 537,000 38,000 6.0% Project Recoveries Project Recoveries (2,058,000) (2,055,000) (2,234,000) (3,000) 0.1% Total Project Recoveries (2,058,000) (2,055,000) (2,234,000) (3,000) 0.1% Vehicles and Equipment Vehicles and Equipment 30,000 30,000 42,000 - 0.0% Total Vehicles and Equipment 30,000 30,000 42,000 - 0.0% Total Expenditures 9,757,000 8,135,000 7,621,000 1,622,000 19.9%
Net Budget 8,800,000 7,338,000 7,834,000 1,462,000 19.9%
2014 2013 2012 Measures: Estimate Actual Actual 1. Total area of jurisdiction 2,492 2,492 2,492 2. Employee injury reports 35 35 39 3. Number of marketing promotional materials produced TBD TBD TBD 4. Corporate sustainability TBD TBD TBD
38 SECTION IV - ITEMS FOR THE INFORMATION OF THE BOARD
RES.#C4/14 - 2013 YEAR END FINANCIAL PROGRESS REPORT Recommends receipt of the 2013 year end financial progress report.
Moved by: Dave Ryan Seconded by: Bob Callahan
IT IS RECOMMENDED THAT Toronto and Region Conservation Authority's (TRCA) Financial Progress Report dated December 31, 2013, be received. CARRIED BACKGROUND The Financial Progress Report is a tool through which staff advise the Authority of the financial status of TRCA's budget. As part of the financial management process, staff provide to the Budget/Audit Advisory Board (BAAB) financial progress reports. This report covers the year ended December 31, 2013.
RATIONALE Staff has included within the 2014 Operating and Capital Budget documents, 2013 actual and 2013 budget information for comparison. Staff will be working with the auditors on the 2013 financial statements in May 2014. The financial statements will be presented to BAAB at its meeting scheduled to be held on June 20, 2014. In finalizing the 2013 financial statements, the 2013 actuals may be adjusted, but not significantly.
The 2013 financial performance resulted in a combined operating and capital surplus of $208,000. Separately, details for each of the operating and capital financial results are listed below.
The 2013 operating results disclose a surplus of $990,000. Key factors of the variance are outlined in Attachment 1.
The 2013 capital budget produced a deficit of $782,000, the majority of which will be recovered through future year budgets. Key factors of the variance are outline in Attachment 2.
There are multiple other capital projects for which expenditures varied from budget. Reasons include factors such as: z project completion schedules which cover multiple years; z delays in obtaining various approvals and matching funding; and z weather conditions which cause delays of in-ground work.
Provision is made for the carry-forward of funding for capital works that are delayed.
Report prepared by: Janice Darnley, extension 5768 Emails: [email protected] For Information contact: Rocco Sgambelluri, extension 5232 Janice Darnley, extension 5768 Emails: [email protected], [email protected] Date: April 02, 2014 Attachments: 2 39 Attachment 1
2013 Operating Variance
Division Surplus Explanation (Deficit) $ HR, Marketing and 461,000 WSIB NEER rebate and Sun Life premium rebates of Communication $356,900 and $50,000 lower Information Technology contracting services led to the surplus. Parks and Culture (335,000) Wedding revenue shortfall and increased staffing costs incurred of $275,600; Conservation parks revenue shortfalls including closure of the Heart Lake pool for a month contributed a further $169,400 to the shortage. Planning and 1,008,000 Higher revenues of $335,500 were received and salary Development savings $487,600 were experienced due to gapping contributing to the surplus. Restoration Services 144,000 Revenues higher than anticipated based on increased plant material sales volume while costs remained close to budget. Watershed (223,000) Teacher job action which began in 2012 and continued Management into 2013 resulted in low bookings at the field centres. Other (65,000) Multiple accounts with minor year-end balances. Total 990,000
40 Attachment 2
2013 Capital Variance
Project Surplus Explanation (Deficit) $ Kortright Centre (276,000) Capital expenditures spent in 2013 which will be recovered in future years, in accordance with approved Authority direction. EcoSchools Program (140,000) After last year's job action, this program is experiencing a resurgence in registration and participation in 2013/14. As such, the deficit is due to rebounding program numbers which limited the ability to recapture prior year deficit of $118,000. The increased deficit will be carried forward and managed in 2014. Albion Hills (55,000) This deficit is due to the acceleration of the resource Environmental Weeks renewal time-line/increased school engagement and has resulted in increased expenditures and limited ability to recover prior year deficit of $48,000 in 2013. Shoreline (279,000) Overruns as a result of the July 8 2013 storm response Maintenance and (inspections, geo-technical investigations, etc). Funding Monitoring will be available in 2014. Erosion Control (79,000) Overrun due to additional excavation required at Albion Hills Conservation Area (128-92) and relocation of stockpile area. Funding is available in 2014. Black Creek Pioneer (146,000) A number of essential projects were completed in 2013, Village including necessary repairs to infrastructure. The largest project was the Emergency Preparedness Infrastructure which included the emergency generator. Funding is available in 2014. West Don Landform 127,000 Surplus resulting from a special purpose project undertaken for Infrastructure Ontario. Erosion Work Major (42,000) Project continues in 2014. Maintenance Natural Channel (57,000) Project continues in 2014. Habitat Restoration Heart Lake (52,000) Unanticipated deficiency issues increased costs and delayed the permit approval. Project continues in 2014. Information (134,000) Information technology multi-year projects including Technology capital for databases and financial information system. Petticoat Pool 193,000 Recoveries to offset expenses in prior years. Replacement Various Projects 158,000 A number of projects with minor surplus and deficits Total (782,000)
______
41 TERMINATION
ON MOTION, the meeting terminated at 9:06 a.m., on Friday, April 11, 2014.
Gerri Lynn O'Connor Brian Denney Chair Secretary-Treasurer
/ks
42 INDEX TO
BUDGET AUDIT ADVISORY BOARD MEETING #2/14
Friday, June 20, 2014
MINUTES Minutes of Meeting #1/14, held on April 11, 2014 43
PRESENTATION Sautner, Michelle, CPA, CA, Principal and Elliott, Branda, CPA, CA, Manager, Grant Thornton LLP re: 2013 Audited Financial Statement and Auditors Report 43
2013 AUDITED FINANCIAL STATEMENTS 44 MEETING OF THE BUDGET/AUDIT ADVISORY BOARD #2/14 June 20, 2014
The Budget/Audit Advisory Board Meeting #2/14, was held in Weston Room B, Black Creek Pioneer Village, on Friday, June 20, 2014. The Vice Chair, Authority, Maria Augimeri , called the meeting to order at 8:43 a.m.
PRESENT Maria Augimeri Member David Barrow Member Bob Callahan Member Gerri Lynn O'Connor Chair Dave Ryan Member
RES.#C5/14 - MINUTES
Moved by: Dave Ryan Seconded by: David Barrow
THAT the Minutes of Meeting #1/14, held on April 11, 2014, be approved. CARRIED ______
PRESENTATIONS
(a) A presentation by Michelle Sautner, CPA, CA, Principal and Brandy Ellliot, CPA, CA, Manager, Grant Thorton LLP in regard to item BAAB7.1 -2013 Audited Financial Statement and Auditors Report.
RES.#C6/14 - PRESENTATIONS
Moved by: Dave Ryan Seconded by: Maria Augimeri
THAT above-noted presentation (a) be received.
______
43 SECTION I - ITEMS FOR AUTHORITY ACTION
RES.#C7/14 - 2013 AUDITED FINANCIAL STATEMENTS The 2013 audited financial statements are recommended for approval.
Moved by: Dave Ryan Seconded by: Maria Augimeri
THE BOARD RECOMMENDS TO THE AUTHORITY THAT the transfer of funds from reserves to surplus in the amount of $302,000.00, as outlined in Note 7(a), "Continuity of reserves" to the financial statements be approved;
AND FURTHER THAT the 2013 audited financial statements, as presented, be approved, signed by the Chair and Secretary-Treasurer of Toronto and Region Conservation Authority (TRCA), and distributed to each member municipality and the Minister of Natural Resources, in accordance with subsection 38 (3) of the Conservation Authorities Act. CARRIED RATIONALE The 2013 TRCA audited financial statements are presented for approval. The accounting firm Grant Thornton LLP has completed its audit and has included with the financial statements an unqualified auditor's report. The audited financial statements are presented as Attachment 1 to the report. A representative from Grant Thornton LLP will be in attendance to present the auditor's report on the 2013 financial statements.
Auditor Communication on Audit Strategy and Results Included as Attachment 2 is a report from Grant Thornton LLP addressed to the Budget/Audit Advisory Board (BAAB), entitled, "Report to the Budget/Audit Advisory Board - communication of audit strategy and results". This report addresses various matters, including the auditors approach to the audit, quality control and independence, audit results, reportable matters, status report on the audit process and other matters which may be of interest to the members.
The section of this report entitled "Reportable Matters" includes one internal control recommendation. It is recommended that bank reconciliations occur on a more timely basis. Management agrees with the recommendation, and with the full implementation of the bank reconciliation module in the new financial reporting system complete future bank reconciliations will now occur on a more timely and efficient basis.
Financial Statement Structure The Statement of Operations and Accumulated Surplus reports revenues, expenses and surplus position for the year, excluding the impact of tangible capital asset (TCA) expenditures and disposals. The Statement of Financial Position reports financial assets and liabilities, defining net assets of the organization. Further, the Statement of Financial Position discloses non-financial assets. The Statement of Changes in Net Financial Assets (Debt) reconciles the surplus for the period to the change in net assets (debt). Finally, the Statement of Cash Flows discloses the cash inflows and outflows during the year, classified as operating, investing or capital activities.
44 The Statement of Operations and Accumulated Surplus and the supporting schedules does not include tangible capital asset amounts. Note 11 in the audited financial statements explains the modifications to the approved budget required in order to provide a more meaningful comparison to actual operating results. Also, to assist with the comparison of results to budget, the actual amortization for the year has been added to the approved budget.
In 2013 the supporting "Schedules of Operations" have been reorganized to conform to the business plan format included within the 2014 approved TRCA budget. Each schedule represents a Service Area within the business plan. This approach allows for a consistency in financial reporting.
The 2013 audited financial statements include a number of other minor changes which improve the presentation. Starting in 2013 amounts are rounded to the nearest thousand dollars. The notes have also been reorganized in order to keep the discussion on similar items together.
Tangible Capital Assets Effective January 1, 2009, financial statements incorporate a new approach to accounting for tangible capital assets, which are in non-financial assets that have a physical substance and have useful economic lives which extend beyond the current accounting period. Excluded from the definition of TCA are a number of intangible assets such as trademarks, patents and the cost of easements. Before these changes were introduced, expenditures on the acquisition of TCA were expensed in the year that the assets were acquired. Starting in 2009, the costs are spread (amortized) across the years that the asset is considered to have a useful life. The balance of the asset costs which have yet to be amortized are reported on the statement of financial position as non-financial assets and offset within the "accumulated surplus" section of the same statement.
As at December 31, 2013, the total book value of the tangible capital assets is $559.7 million of which $131.5 million has been amortized. The unamortized balance of $428.2 million is reported in the statement of financial position as the net book value of tangible capital assets. Land, which is carried on the books at a cost of $335.8 million is not amortized.
During 2013, $8.0 million in TCA was acquired and assets having a book value (original cost) of $0.67 million have been disposed. The schedule of "Tangible Capital Assets" included in Note 6 to the audited financial statements itemizes the various components of TCA.
Operating Surplus / Deficit Position The "cash basis" analysis presented below looks at available funding as compared to actual expenditures, the same basis upon which the annual budget was developed and presented to the members for approval. TRCA's operating surplus position as of December 31, 2013 is $454,000, as reported in Note 7 of the financial statements. This compares to a surplus position of $293,000 at December 31, 2012, an increase of $161,000. (In April 2014, staff had projected the surplus at $208,000 in the 2013 Financial Progress Report to the Board.)
In 2013 TRCA incurred capital expenditures in the approximate amount of $1 million which will be recovered from municipal levies in 2014. If the funding had been available in 2013, the 2013 in-year surplus position would have been reported as $1,161,000 and the accumulated surplus as $1,454,000.
45 Reserves: The status of TRCA reserves is presented in Note 7(a) of the financial statements. Some of the more significant reserve transactions that occurred in 2013 are as follows:
Vehicle and Equipment Reserve: the cost of capital acquisitions and the cost of operations exceeded usage charges to programs by an amount of $94,000, decreasing the reserve balance from $611,000 to $517,000.
Funds Held Under Provincial Revenue Sharing Policy Reserve: The reserve balance decreased by $57,000, from $998,000 to $941,000. Note 7(b) to the financial statements explains the rules which govern the use of funds in this reserve and itemizes the transactions which flowed through the reserve during the year.
The operating contingency reserve was drawn down by $150,000, from $3,854,000 to $3,704,000 in order to carry out major maintenance and IT work at the Boyd Centre. These items were not in the budget.
SUMMARY From a "bottom line" perspective the 2013 operating results are very favourable. Available funding exceeded expenditures and as a result it was possible to grow the accumulated surplus by a modest amount. Further, the 2014 capital funding which is available to finance the 2013 capital deficit will improve the 2014 "bottom line" or surplus position by $1,000,000.
Report prepared by: Rocco Sgambelluri, extension 5232 Emails: [email protected] For Information contact: Rocco Sgambelluri, extension 5232; Emails: [email protected] Date: June 12, 2013 Attachments: 2
46 Attachment 1
47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 Attachment 2
75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 TERMINATION
ON MOTION, the meeting terminated at 9:00 a.m., on Friday, June 20, 2014.
Gerri Lynn O'Connor Brian Denney Chair Secretary-Treasurer
/ks
102 INDEX TO
BUDGET AUDIT ADVISORY BOARD MEETING #3/14
Friday, October 31, 2014
MINUTES Minutes of Meeting #2/14, held on June 20, 2014 103
PRESENTATIONS Sgambelluri, Rocco Chief Financial Officer, and Connie Pinto, Manager, Special Projects - Waterfront, TRCA re: 2015 Budget Update 103
2015 BUDGET UPDATE 104
2014 FINANCIAL PROGRESS REPORT TO AUGUST 31, 2014 127 MEETING OF THE BUDGET/AUDIT ADVISORY BOARD #3/14 October 31, 2014
The Budget/Audit Advisory Board Meeting #3/14, was held in Weston Room B, Black Creek Pioneer Village, on Friday, October 31, 2014. The Chair Gerri Lynn O'Connor, called the meeting to order at 8:45 a.m.
PRESENT Maria Augimeri Member David Barrow Member Gerri Lynn O'Connor Chair
ABSENT Bob Callahan Member Dave Ryan Member
RES.#C8/14 - MINUTES
Moved by: Maria Augimeri Seconded by: David Barrow
THAT the Minutes of Meeting #2/14, held on June 20, 2014, be approved. CARRIED ______
PRESENTATIONS
(a) A presentation by Rocco Sgambelluri, Chief Financial Officer, and Connie Pinto, Manager, Special Projects - Waterfront, TRCA, in regard to item BAAB7.1 - 2015 Budget Update.
RES.#C9/14 - PRESENTATIONS
Moved by: David Barrow Seconded by Maria Augimeri
THAT above-noted presentation (a) be received. CARRIED ______
103 SECTION I - ITEMS FOR AUTHORITY ACTION
RES.#C10/14 - 2015 BUDGET UPDATE Update on the status of the 2015 TRCA budget process.
Moved by: David Barrow Seconded by Maria Augimeri
THE BOARD RECOMMENDS TO THE AUTHORITY THAT Toronto and Region Conservation Authority's (TRCA) 2015 operating budget make provision for a cost of living adjustment of two percent (2%) effective April 5, 2015;
THAT the preliminary estimates for the 2015 operating budget include municipal levy increases consistent with the guidelines determined by the respective participating municipality;
AND FURTHER THAT TRCA staff be directed to submit the 2015 estimates and multi-year funding requests to the City of Toronto, the regional municipalities of Peel, York and Durham, the Town of Mono and the Township of Adjala-Tosorontio in accordance with their respective submission schedules. CARRIED BACKGROUND TRCA staff has been involved in the municipal 2015 and multi-year budget estimates process since the spring of this year. Various staff level meetings have occurred and a number of presentations have been made. Over the next several months and into 2015, staff will also make presentations to councils and various committees of councils. Each jurisdiction has its own unique budget process, leading in each instance to an approved level of funding for TRCA from the councils. As this is an election year, the funding approvals will be delayed but staff still anticipates that approvals will be available in time for the Authority to adopt the 2015 budget and the associated municipal levy at its meeting in April 2015.
This report provides an update on the status of the budget process and negotiations for municipal funding and provides an opportunity for the board to direct staff on any matter related to the budget.
RATIONALE Operating Budget The internal process of compiling the 2015 operating estimates has commenced. The operating budget will amount to approximately $40 million in expenditures and will be balanced with projected revenue and municipal levy. The operating budget includes the direct operating and maintenance components of the following programs: conservation parks; Bathurst Glen Golf Course; Kortright Centre for Conservation; Black Creek Pioneer Village; conservation field centres; planning and development services; various watershed management, ecology and corporate services.
104 The net cost of the services included in the operating budget is funded through the general levy, as adopted by the Authority. The TRCA general levy formula apportions the net cost of these services to the participating municipalities on the basis of current value assessment in each municipality, as modified by TRCA policy. The components of the operating budget are distinguished from those included in the capital and special levy budget discussed below by the fact that the net cost of capital projects is for the most part designated by the Authority as singularly benefitting and therefore the capital levy is raised from the municipality where the project is undertaken.
Staff will continue to work on the operating budget through the winter and present the final 2015 version at the April 2015 meeting of the Budget/Audit Advisory Board.
Operating Expenditures The operating budget is comprised of wage related costs of approximately 79%. In addition to the proposed cost of living adjustment (COLA), wage related pressures include accommodations; cost of staff returning from maternity and other leaves; annualization of positions hired in 2014; and the addition of a few key positions. One new position will occur in the Payroll department and another is being considered to assist with the growing work load associated with the TRCA e-commerce business.
For 2015, staff is recommending a 2% COLA effective the first full pay in April. The annual COLA increase between 2009 and 2015 will average (simple) approximately 1.6%, as indicated in the following chart:
TRCA salary and wage (COLA) adjustments, April 1: 2009 - 0% 2010 - 2% 2011 - 0% 2012 - 3% 2013 - 2% 2014 - 2% 2015 - 2% (proposed)
The proposal for a 2% COLA increase in 2015 is comparable to the average of our Municipal Partners, Conservation Authorities in the Greater Golden Horseshoe and the Consumer Price Index.
Tax Adjustment TRCA policy requires that the cost of property taxes paid by TRCA in a participating municipality be added back to the general levy of that municipality as a tax adjustment. This practice ensures equity in the levy allocation process, as the City of Toronto exempts TRCA non-revenue producing property from taxation. Starting in 2015 with the consolidation of administrative offices at 101 Exchange Way, City of Vaughan, TRCA will be leasing new taxable property. The estimated net cost of taxes after allowing for the 40% charitable rebate generally available to TRCA and other charitable organizations will amount to $37,000, growing to about $160,000 in 2017, when TRCA will be responsible for 100% of the taxes under the lease agreement. A special request has been included in the York Region budget for a levy increase to cover the new taxes or in the alternative for a 100% rebate or complete exemption. The matter is under consideration by York Region staff. 105 Municipal Operating (General) Levy Below is a summary of the status of the discussions that have been held at the staff level with the participating municipalities: Adjala and Mono - No formal communication has occurred. Durham Region - Informally, regional staff has indicated that the 2015 levy guideline will likely come in at 2%, when released. TRCA has requested a 4% increase in its preliminary submission. Peel Region - Peel staff has indicated a 3% increase can be accommodated for 2015. TRCA staff has agreed to work within that guideline. Toronto - Toronto Water staff will support a 2.5% increase over 2014 on the portion of the levy funded from water revenues (57%). Toronto Finance staff is considering a TRCA request for a similar 2.5% increase on the 43% of the budget that is funded from the tax base (an amount of $84,000). York Region - The submission made to York Region includes a 4% increase ($114,000) over 2014, excluding the impact of the tax adjustment described above. The preliminary level of funding recommended by York Region as contained in its operating envelope recommended for TRCA allows for only a 1.5% increase over 2014 funding levels. TRCA staff is considering a reduction in the land care budget in order to meet a portion of the 2% COLA within the general levy funding envelope.
Below is a summary of the general levy requested from each of the participating municipalities of TRCA in 2015:
Participating Apportionment* Funding $ Change Over Municipality % (000's) 2014 % Adjala - Tosorontio 0.0 1.3 1.8 Durham 4.1 542.2 4.0 Mono 0.0 1.2 2.9 Peel 12.7 1,685.0 3.0 Toronto 61.2 8,054.0 2.5 York 22.0 2,946.3 4.0 Total 100.0 13,230.0 3.0 * Based on latest CVA data provided by MNR applicable to the 2015 fiscal year as adjusted by TRCA policy
The final 2015 TRCA budget and general levy will include the funding levels that are ultimately negotiated and staff will report back to the board in April 2015.
106 Operating Revenues User fees and revenue from other sources fund 63% of the operating budget (the remainder, 37%, is funded through the general levy.) The final version of the operating budget will include a number of fee adjustments, including fees associated with new or expanded program areas. For example, the planning and development fee changes approved by the Authority in the spring of 2014 will be fully implemented in the 2015 budget. Staff is anticipating the automated parking lot gate system soon to be operational at Black Creek Pioneer Village (BCPV) will improve revenues as the lot will be operational 24 hours per day. As well, year-to-date results for weddings and corporate functions at BCPV and Kortright Centre have surpassed budget expectations at September 30, 2014 and there may be room to adjust 2015 revenue budgets accordingly. As we get closer to the end of the budget year, staff will analyze the 2014 results and make appropriate provisions for the new year.
Capital and Special Project Budgets Participating municipalities usually require that TRCA provide 10 year capital budget projections and each municipality has its own requirements and format for this information. Increasingly, more scrutiny is occurring to the post 2015 estimates.
Attachment 2 includes summary tables for capital and special project programs in the City of Toronto and the regions of Peel, York and Durham. Staff prepares for the City, Peel and York regions, budget binders which include detailed information on each capital project and program. These binders are available to members who require them.
As a matter of course, TRCA staff regularly consult with municipal staff, to ensure that there is alignment on objectives and deliverables; to avoid duplication of effort; to coordinate activities and procurement to realize maximum value and efficiency; and to report on the achievement of project deliverables.
City of Toronto The 2015 core capital submission at $14.069 million is based on core funding for long-standing programs which meet the existing City of Toronto targets. The City funds TRCA core capital programs from both debt and water rate funding which may include reserve funding. The City's annual debt guideline for TRCA is $3 million and has remained unchanged for many years. The 2015 portion of the core budget funded from water rates is $11.069 million, which includes the second instalment of $5 million for critical erosion control works, also available in 2014. This funding is not available beyond 2015 in the City’s capital program. Pending progress made by TRCA on priority sites, City Water staff may be open to revisiting TRCA’s funding requirements during the 2016 budget cycle. A provision of $2 million in special water reserves funding which was scheduled to end in 2015 will be allowed to continue for the duration of the 10-year budget plan, as was confirmed with the approval of the 2014 - 2023 plan.
Excluding the special $7 million funding noted above, the $4.069 million level of water funding for 2015 represents a 2.5% increase over 2014. Toronto Water staff has confirmed this level of funding will be included in its 2015 estimates.
107 Further, Toronto Water has confirmed its commitment to fund the Environmental Assessment for the Scarborough Waterfront Access Plan, which will ensure continuous public access from Bluffers Park eastward. The City is making available to TRCA $3 million over two years, 2014 and 2015, for the study. This funding, which is not included above as part of the levy, will be billed by TRCA as the expenses are incurred.
In recent meetings with City of Toronto senior staff, TRCA staff has been advised that the City is currently developing a request with the federal and provincial government to provide cost share funding to assist the City with a number of long outstanding capital needs. TRCA staff understand that a portion of TRCA river and waterfront erosion related infrastructure needs will be included in this ask.
Regional Municipality of York York Region guidelines provide for a flat line in water rate funding at $3.1 million and 1.5% increase in tax supported funding which includes the TRCA general levy. The water rate funding is proposed to be flat lined for 2015 and the next three years, while modest increases will be permitted in tax supported funds. The current version of the York Region budget provides $1.72 million in tax supported capital funding, a decrease of 2.6% ($46,000). The TRCA multi-year submission to the Region includes a list of potential projects which have been termed unaccommodated pressures by the Region in the amount of $5.004 million. A list of these projects is included in Attachment 1.
Prior to the commencement of the current cycle, TRCA staff met with key York Finance staff to advise of TRCA’s intention to substantially increase its funding request of the Region for the budget cycle commencing in 2015. Although the additional requests were positively received by staff, the Region’s current financial pressures has not allowed staff to be in a position to confirm additional funding other than the additional 1.5% increase on the tax supported items. TRCA's list of unaccommodated projects totalling $5.004 million is currently being reviewed together with all the other pressures across the Region.
Regional Municipality of Peel The core 2015 capital submission to Peel at $15.450 million reflects a 2.5% increase in capital funding as compared to 2014 ($14.099 million.) TRCA has also made a special request for $1.25 million in 2015 and in 2016 to bring servicing to the Bolton Camp site. Peel staff explored undertaking the works directly but recently decided that it would be appropriate for this item to come before council as part of the TRCA budget request. The Peel guidelines for TRCA have been met with the one exception - Bolton Camp servicing. TRCA staff will be making a special presentation to Peel Council at the appropriate time to showcase the plans for the Bolton Camp Project.
Regional Municipality of Durham Capital funding for Durham Region totalled $910,000 in 2014 and the preliminary 2015 request is at $1,135,000. Included in this amount are two special 2015 asks for erosion control site assessment ($18,000) and Land Care ($180,000). Excluding the special asks, the total Durham submission has been made at 5% over the previous year. Preliminary indication from Durham Finance staff is that a 2% increase over 2014 will likely be recommended. Guidelines are not yet available.
108 DETAILS OF WORK TO BE DONE Following year end, the capital budget can be finalized and will include the municipal capital projects as approved by the respective participating municipalities as well as all other capital projects such as those projects funded by Toronto Waterfront Revitalization Corporation. The operating estimates will become final following year end, at which time staff can determine the impact of the 2014 operating season and final municipal approvals. Staff is prepared to describe in detail the projects and programs included in the submissions at the Budget/Audit Advisory Board meeting or at the Authority Meeting scheduled to be held on October 31, 2014.
Report prepared by: Rocco Sgambelluri, extension 5232 Emails: [email protected] For Information contact: Rocco Sgambelluri, extension 5232 Emails: [email protected] Date: October 15, 2014 Attachments: 2
109 Attachment 1
TRCA ‐ York Region Unaccommodated Service Area 2015 2016 2017 2018 Watershed Plan 20 95 175 210 Living City Report Cards 75 95 85 85 Climate Change Consortium 150 150 155 155 Watershed Studies and Strategies 245 340 415 450 Management and Evaluation - Stormwater 125 140 140 155 Stormwater Pond Maintenance 100 200 200 205 Stormwater STEP 50 50 50 55 TRCA Flood Line Mapping Program 60 60 60 100 Flood Forecasting -- 50 50 Program --- 100 Water Risk Management 335 450 500 665 Post Construction Natural Channel Monitoring -6 0 60 60 Aquatic Systems Priority Planning Program 50 55 60 70 Reforestation for Biodiversity Program -- 80 85 Natural Channel Design Habitat Implementation 250 250 255 260 Emerald Ash Borer 100 50 - - Regional Biodiversity 400 415 455 475 Bruce's Mill Master Plan Implementation 100 250 500 500 Nashville RMT Man. Plan Implementation - 400 600 600 Plan Implementation - 300 300 300 Land Care 273 298 376 469 Land Securement and Management 373 1,248 1,776 1,869 Humber Trails Land & Trail Management 50 50 25 25 Granger Greenway Land & Trail Management 50 50 50 50 Kortright Centre for Conservation Trails 150 340 325 250 Washroom Upgrades 200 300 300 200 CA Road Upgrades - 200 200 225 Municipal Sewer Connection @ Boyd CA 150 150 150 - Boyd CA - Bridge Access Project 100 400 - - Energy Management Plan - Conservation Parks 40 10 - - Public Use Future Projects 75 75 100 100 IT Infrastructure -York Region (Parks) 90 100 110 170 Black Creek North Property 250 250 250 250 Tourism and Recreation 1,155 1,925 1,510 1,270 Planning and Development 100 100 100 100 Planning and Development Review 100 100 100 100 York Environmental Weeks 100 100 100 100 York Outreach Ed Services 70 90 125 125 Community Characteristics & Demographic Mapping 42 44 45 46 Adult Education Programming 50 50 53 57 Kortright Municipal Servicing 1,000 1,000 500 - Lake St. George Learning & Education Facility Upgrades - - 200 350
110 Service Area 2015 2016 2017 2018 Education and Outreach 1,262 1,284 1,023 678 Sustainable Neighbourhood Retrofit Action Plan Program 91 97 100 100 Community Transformation Partnership Program 100 120 120 130 Urban Agriculture 140 140 140 140 Partners in Project Green 65 70 70 75 Energy 80 80 100 100 BRE Innovation Park 252 252 252 299 York Region Stewardship Program 50 50 75 75 Stouffville Reservoir / Greenway Habitat Improvements 200 200 200 - Greenspace Accessibility for Human Health 50 50 50 50 Living City Campus 28 33 37 37 Sustainable Communities 1,056 1,092 1,144 1,006 Office Facilities Infrastructure - - 221 221 Capital Base COLA 78 157 238 321 Corporate Services 78 157 459 542 5,004 7,011 7,382 7,055
111 3% 3% 10% 7% 3% 38% 8%
6% 20%
2014 2015 2016 2017 2018 2019‐2024
Durham Region 50,000 52,000 55,000 57,000 110,000 730,000 AND
Peel Region 550,000 575,000 775,000 530,000 580,000 4,060,000
STRATEGIES Toronto 193,000 240,000 242,000 169,000 246,000 2,148,000 WATERSHED STUDIES York Region 55,000 280,000 379,000 455,000 492,000 3,295,000 Watershed Studies and Strategies Total 848,000 1,147,000 1,451,000 1,211,000 1,428,000 10,233,000
Durham Region 331,000 356,000 413,000 593,000 613,000 4,156,000 RISK
Peel Region 2,286,000 2,309,000 2,597,500 2,654,000 2,648,500 17,062,500
WATER Toronto 8,699,000 8,714,500 4,590,500 4,716,000 4,726,000 31,638,500
MANAGEMENT York Region 1,801,000 2,136,000 2,258,500 2,328,000 2,505,500 17,545,500
Water Risk Management Total 13,117,000 13,515,500 9,859,500 10,291,000 10,493,000 70,402,500
Durham Region 267,000 282,000 298,000 313,000 328,000 2,342,000 Peel Region 3,508,000 3,805,000 3,965,500 4,361,000 4,413,500 28,100,500
REGIONAL Toronto 2,460,000 2,328,500 1,564,500 1,573,000 1,583,000 11,056,500 BIODIVERSITY York Region 948,000 1,600,000 1,635,500 1,706,000 1,553,500 11,512,000 Regional Biodiversity Total 7,183,000 8,015,500 7,463,500 7,953,000 7,878,000 53,011,000 Attachment 2 Attachment 112 2014 2015 2016 2017 2018 2019‐2024
Durham Region ‐ 180,000 183,000 187,000 191,000 1,221,000 AND LAND Peel Region 1,356,000 1,272,000 1,330,000 1,332,000 1,459,000 8,823,000 Toronto 116,000 117,000 118,000 119,000 120,000 733,000 SECUREMENT
MANAGEMENT York Region 456,000 783,000 1,633,000 2,132,000 2,202,000 9,946,000 Land Securement and Management Total 1,928,000 2,352,000 3,264,000 3,770,000 3,972,000 20,723,000
Durham Region 138,000 136,000 143,000 150,000 158,000 1,426,000 AND Peel Region 1,791,000 1,347,000 1,367,000 1,000,000 1,150,000 40,585,000 TOURISM Toronto 788,000 788,000 788,000 788,000 788,000 4,728,000 RECREATION York Region 62,000 1,155,000 1,925,000 1,435,000 1,270,000 7,700,000 Tourism and Recreation Total 2,779,000 3,426,000 4,223,000 3,373,000 3,366,000 54,439,000
Durham Region 60,000 62,000 90,000 94,000 98,000 693,000 and
Review Peel Region 516,000 538,000 558,000 564,000 595,000 3,475,000 Toronto 143,000 151,000 119,000 126,000 133,000 1,079,000 Planning Development York Region 147,000 256,000 268,000 274,000 279,000 2,005,000 Planning and Development Total 866,000 1,007,000 1,035,000 1,058,000 1,105,000 7,252,000
Durham Region ‐ ‐ ‐ 40,000 40,000 240,000 Peel Region 1,737,000 3,253,000 2,982,000 2,310,000 1,818,000 11,544,000 OUTREACH
EDUCATION Toronto 174,000 204,000 204,000 209,000 209,000 1,405,000
AND York Region 628,000 1,902,000 1,939,000 1,697,000 1,365,000 7,902,000 Education and Outreach Total 2,539,000 5,359,000 5,125,000 4,256,000 3,432,000 21,091,000
Durham Region 64,000 67,000 70,000 99,000 103,000 733,000 Peel Region 2,227,000 2,438,000 2,475,000 2,565,000 2,640,000 16,566,000 Toronto 673,000 802,000 821,000 851,000 853,000 5,562,000 SUSTAINABLE
COMMUNITIES York Region 541,000 1,422,000 1,478,000 1,536,000 1,621,000 11,517,000 Sustainable Communities Total 3,505,000 4,729,000 4,844,000 5,051,000 5,217,000 34,378,000 113 2014 2015 2016 2017 2018 2019‐2024
Durham Region ‐ ‐ ‐ 28,000 28,000 336,000 Peel Region 128,000 163,000 163,000 290,300 290,300 2,505,600 SERVICES
CORPORATE Toronto 724,000 724,000 724,000 724,000 724,000 4,344,000 York Region 228,000 290,000 290,000 510,500 510,500 4,386,000 Corporate Services Total 1,080,000 1,177,000 1,177,000 1,552,800 1,552,800 11,571,600
TOTAL 33,845,000 40,728,000 38,442,000 38,515,800 38,443,800 283,101,100 114 33%
61%
6%
2014 2015 2016 2017 2018 1.1 Watershed and Waterfront Plans Durham 50,000 52,000 54,600 57,300 60,200 Peel Region 150,000 155,000 175,000 200,000 200,000 Toronto ‐ ‐ ‐ ‐ ‐ STRATEGIES
York Region 15,000 20,000 95,000 175,000 210,000 AND
1.1 Watershed and Waterfront Plans Total 215,000 227,000 324,600 432,300 470,200
1.2 Report Cards Durham ‐ ‐ ‐ ‐ ‐ STUDIES
Peel Region 30,000 145,000 275,000 ‐ ‐ Toronto ‐ ‐ ‐ ‐ ‐ York Region 10,000 75,000 95,000 85,000 85,000 1.2 Report Cards Total 40,000 220,000 370,000 85,000 85,000 WATERSHED
1.3 Climate and Extreme Weather Impact Durham ‐ ‐ ‐ ‐ 50,000 Peel Region 370,000 275,000 325,000 330,000 380,000 Toronto ‐ ‐ ‐ ‐ ‐ York Region 30,000 185,000 189,000 195,000 197,000
1.3 Climate and Extreme Weather Impact Totals 400,000 460,000 514,000 525,000 627,000 115
Watershed Studies and Strategies Total 655,000 907,000 1,208,600 1,042,300 1,182,200 13% 11%
76%
2014 2015 2016 2017 2018 2.1 Technical Services Durham 233,900 237,000 240,000 243,000 246,000 Peel Region 629,000 629,000 622,500 599,000 613,500 Toronto 415,000 422,500 448,500 446,000 446,000 York Region 481,000 806,000 923,500 929,000 995,500 MANAGEMENT
2.1 Technical Services Total 1,758,900 2,094,500 2,234,500 2,217,000 2,301,000 RISK
2.2 Flood Management Durham 85,000 89,000 143,000 150,000 157,000
WATER Peel Region 787,000 800,000 1,025,000 1,105,000 1,085,000 Toronto 188,000 188,000 188,000 188,000 188,000 York Region 320,000 330,000 335,000 399,000 410,000 2.2 Flood Management 1,380,000 1,407,000 1,691,000 1,842,000 1,840,000
2.3 Erosion Management Durham 12,000 30,000 30,000 200,000 210,000 Peel Region 870,000 880,000 950,000 950,000 950,000 Toronto 8,088,000 8,088,000 3,888,000 3,888,000 3,888,000 York Region 1,000,000 1,000,000 1,000,000 1,000,000 1,100,000 2.3 Erosion Management 9,970,000 9,998,000 5,868,000 6,038,000 6,148,000 116
Water Risk Management Total 13,108,900 13,499,500 9,793,500 10,097,000 10,289,000 11% 12% 10%
68%
2014 2015 2016 2017 2018 3.1 Biodiversity Monitoring Durham 53,900 57,000 60,000 63,000 66,000 Peel Region 204,000 204,000 212,500 214,000 223,500 Toronto 443,000 441,500 468,500 467,000 468,000 BIODIVERSITY
York Region 179,000 185,000 187,500 191,000 192,500 3.1 Biodiversity Monitoring Total 879,900 887,500 928,500 935,000 950,000
3.2 Ecosystem Management Research and Directions
REGIONAL Durham 60,000 64,000 68,000 72,000 76,000 Peel Region 267,000 284,000 301,000 351,000 360,000 Toronto 157,000 167,000 167,000 167,000 167,000 York Region 235,000 300,000 308,000 320,000 337,000 3.2 Ecosystem Management Research and Directions Tota 719,000 815,000 844,000 910,000 940,000
3.3 Restoration and Regeneration Durham 120,000 126,400 132,800 139,200 145,600 Peel Region 2,566,000 2,671,000 2,810,000 3,293,000 3,455,000
Toronto 1,860,000 1,720,000 929,000 939,000 948,000 117 York Region 341,000 820,000 894,000 915,000 734,000 3.3 Restoration and Regeneration Total 4,887,000 5,337,400 4,765,800 5,286,200 5,282,600 2014 2015 2016 2017 2018
3.4 Forest Management Durham 33,200 35,000 36,800 38,600 40,500 Peel Region 471,000 646,000 642,000 503,000 375,000 Toronto ‐ ‐ ‐ ‐ ‐ York Region 193,000 295,000 246,000 280,000 290,000 3.4 Forest Management Total 697,200 976,000 924,800 821,600 705,500
Regional Biodiversity Total 7,183,100 8,015,900 7,463,100 7,952,800 7,878,100 118 8% 0%
92%
2014 2015 2016 2017 2018 4.1 Land Securement Durham ‐ ‐ ‐ ‐ ‐ Peel Region 18,000 20,000 21,000 22,000 23,000 Toronto 100,000 100,000 100,000 100,000 100,000 York Region 31,000 32,000 32,000 32,000 33,000 MANAGEMENT
4.1 Land Securement Total 149,000 152,000 153,000 154,000 156,000 AND 4.2 Land Management Durham ‐ 180,000 183,000 187,000 191,000 Peel Region 1,338,000 1,252,000 1,309,000 1,310,000 1,436,000 Toronto 16,000 17,000 18,000 19,000 20,000
SECUREMENT York Region 425,000 751,000 1,601,000 2,100,000 2,169,000
4.2 Land Management Total 1,779,000 2,200,000 3,111,000 3,616,000 3,816,000 LAND 4.3 Rental Properties Total ‐ ‐ ‐ ‐ ‐
Land Securement and Management Total 1,928,000 2,352,000 3,264,000 3,770,000 3,972,000 119 10% 0% 10% 12%
68% 0%
2014 2015 2016 2017 2018 5.1 Conservation Parks Total ‐ ‐ ‐ ‐ ‐
5.2 Waterfront Parks Durham 30,000 32,000 34,000 36,000 38,000 RECREATION
Peel Region ‐ ‐ ‐ ‐ ‐ Toronto 240,000 240,000 240,000 240,000 240,000 AND York Region ‐ ‐ ‐ ‐ ‐ 5.2 Waterfront Parks Total 270,000 272,000 274,000 276,000 278,000
5.3 Trails TOURISM Durham 99,000 104,000 109,000 114,000 120,000 Peel Region 169,000 85,000 100,000 100,000 100,000 Toronto ‐ ‐ ‐ ‐ ‐ York Region ‐ 250,000 440,000 325,000 325,000 5.3 Trails Total 268,000 439,000 649,000 539,000 545,000 120 2014 2015 2016 2017 2018
5.4 Black Creek Prioneer Village Durham ‐ ‐ ‐ ‐ ‐ Peel Region ‐ ‐ ‐ ‐ ‐ Toronto 350,000 350,000 350,000 350,000 350,000 York Region ‐ ‐ ‐ ‐ ‐ 5.4 Black Creek Pioneer Village Totals 350,000 350,000 350,000 350,000 350,000
5.5 Bathurst Glen Total ‐ ‐ ‐ ‐ ‐
5.6 Events and Festivals Total ‐ ‐ ‐ ‐ ‐
5.7 Public Use Infrastructure Durham 9,043 ‐ ‐ ‐ ‐ Peel Region 1,622,000 1,262,000 1,267,000 900,000 1,050,000 Toronto 198,000 198,000 198,000 198,000 198,000 York Region 62,000 905,000 1,485,000 1,110,000 945,000 5.7 Public Use Infrastructure Totals 1,891,043 2,365,000 2,950,000 2,208,000 2,193,000
Tourism and Recreation Total 2,779,043 1,061,000 1,273,000 1,165,000 1,173,000 121 16%
40% 44%
2014 2015 2016 2017 2018 6.1 Development Planning and Regulation Permitting Durham 40,000 41,000 68,000 71,000 74,000 Peel Region 123,000 141,000 147,000 153,000 169,000 Toronto 106,000 112,000 97,000 103,000 109,000 DEVELOMENT
York Region 112,000 216,000 223,000 229,000 234,000 6.1 Development Planning and Regulation Permitting Tota 381,000 510,000 535,000 556,000 586,000 AND
6.2 Environmental Assessment Planning and Permitting Durham ‐ ‐ ‐ ‐ ‐ Peel Region 348,000 348,000 362,000 362,000 377,000 PLANNING Toronto ‐ ‐ ‐ ‐ ‐ York Region ‐ ‐ ‐ ‐ ‐ 6.2 EA Planning and Permitting Total 348,000 348,000 362,000 362,000 377,000
6.3 Policy Development and Review Durham 20,000 21,000 22,000 23,000 24,000 Peel Region 45,000 49,000 49,000 49,000 49,000 Toronto 37,000 39,000 22,000 23,000 24,000
York Region 35,000 40,000 45,000 45,000 45,000 122 6.3 Policy Development and Review Total 137,000 149,000 138,000 140,000 142,000
Planning and Development Total 866,000 1,007,000 1,035,000 1,058,000 1,105,000 38% 51%
11%
2014 2015 2016 2017 2018 7.1 School Programs Durham ‐ ‐ ‐ ‐ ‐ Peel Region 672,000 705,000 742,000 754,000 753,000 OUTREACH
Toronto 174,000 204,000 204,000 209,000 209,000 York Region 123,000 342,000 379,000 419,000 433,000 AND 7.1 School Programs Total 969,000 1,251,000 1,325,000 1,382,000 1,395,000
7.2 Family Programming Total ‐ ‐ ‐ ‐ ‐
7.3 Professional Training and Development Programs EDUCATION Durham ‐ ‐ ‐ ‐ ‐ Peel Region 265,000 273,000 290,000 289,000 298,000 Toronto ‐ ‐ ‐ ‐ ‐ York Region ‐ 50,000 50,000 53,000 57,000 7.3 Professional Training & Development Programs Tota 265,000 323,000 340,000 342,000 355,000 123 2014 2015 2016 2017 2018
7.4 Educational Infrastructure Durham ‐ ‐ ‐ 40,000 40,000 Peel Region 800,000 2,275,000 1,950,000 1,267,000 767,000 Toronto ‐ ‐ ‐ ‐ ‐ York Region 505,000 1,510,000 1,510,000 1,225,000 875,000 7.4 Educational Infrastructure Total 1,305,000 3,785,000 3,460,000 2,532,000 1,682,000
Education and Outreach Total 2,539,000 5,359,000 5,125,000 4,256,000 3,432,000 124 39%
61%
2014 2015 2016 2017 2018 8.1 Living City Transition Program Durham ‐ ‐ ‐ 25,000 25,000 Peel Region 1,348,000 1,606,000 1,607,000 1,666,000 1,722,000 Toronto 413,000 538,000 547,000 528,000 535,000 York Region 367,000 1,145,000 1,192,000 1,224,000 1,301,000 COMMUNITIES
8.1 Living City Transition Program Total 2,128,000 3,289,000 3,346,000 3,443,000 3,583,000
8.2 Community Engagement Durham 64,000 67,000 70,000 74,000 78,000 Peel Region 879,000 832,000 868,000 899,000 918,000 SUSTAINABLE Toronto 260,000 264,000 274,000 323,000 318,000 York Region 174,000 277,000 286,000 312,000 320,000 8.2 Community Engagement Total 1,377,000 1,440,000 1,498,000 1,608,000 1,634,000
8.3 Social Enterprise Development Total ‐ ‐ ‐ ‐ ‐
Sustainable Communities Total 3,505,000 4,729,000 4,844,000 5,051,000 5,217,000 125 36% 0% 0%0% 64%
2014 2015 2016 2017 2018 9.1 Corporate Management and Governance Durham ‐ ‐ ‐ 28,000 28,000 Peel Region 81,500 116,500 116,500 243,800 243,800 SERVICES Toronto 460,000 460,000 460,000 460,000 460,000 York Region 145,000 207,000 207,000 427,500 427,500 9.1 Corporate Management and Governance Total 686,500 783,500 783,500 1,159,300 1,159,300
CORPORATE 9.2 Financial Management Total ‐ ‐ ‐ ‐ ‐
9.3 Human Resources Total ‐ ‐ ‐ ‐ ‐
9.4 Office Services Total ‐ ‐ ‐ ‐ ‐
9.5 Communications Total ‐ ‐ ‐ ‐ ‐
9.6 Information Infrastructure and Management Durham ‐ ‐ ‐ ‐ ‐ Peel Region 46,500 46,500 46,500 46,500 46,500 Toronto 264,000 264,000 264,000 264,000 264,000 York Region 83,000 83,000 83,000 83,000 83,000 9.6 Information Infrastructure and Management 393,500 393,500 393,500 393,500 393,500
9.7 Project Recoveries Totals ‐ ‐ ‐ ‐ ‐ 126 9.8 Vehicle and Equipment Pool Total ‐ ‐ ‐ ‐ ‐
Corporate Services Total 1,080,000 1,177,000 1,177,000 1,552,800 1,552,800 SECTION IV - ITEMS FOR THE INFORMATION OF THE BOARD
RES.#C11/14 - 2014 FINANCIAL PROGRESS REPORT TO AUGUST 31, 2014 Information is provided on Toronto and Region Conservation Authority's financial performance as of August 31, 2014 with projections for the year.
Moved by: David Barrow Seconded by: Ben Cachola
THAT Toronto and Region Conservation Authority's (TRCA) 2014 Financial Progress Report to August 31, 2014, be received. CARRIED BACKGROUND As part of TRCA's financial management process, staff provides to the Budget/Audit Advisory Board a financial progress report with regard to TRCA's financial status. The report covers the period from January 1, 2014 through August 31, 2014 and provides a projection to year end, December 31, 2014.
RATIONALE The 2014 projected financial performance for operating is projecting a surplus of approximately $144,000. Within the capital budget, the deficit noted ($1,250,000) with respect the Head Office move will be financed through the use of prior years' unallocated surplus funds or reserves, as noted below.
Key Operating Results The 2014 operating results indicate a surplus of approximately $144,000 by year end. Attachment 1 lists the larger variances by division with a summary explanation. Additional factors contributing to the surplus includes staff gapping and noticeable revenue increases in areas such as weddings and corporate functions at Black Creek Pioneer Village and Kortright Centre for Conservation. In addition, Tree Top Trekking revenue at Heart Lake and Bruce's Mill conservation areas contribute to the surplus at these locations.
Key Capital and Special Project Progress Capital and special projects are mostly on track. A majority of capital projects will vary from budget normally due to timing as projects span multiple years, delays in permits, agreements or approvals, and/or delays caused by weather conditions
The status of a number of larger projects can be found in Attachment 2. These projects are multi-year, therefore will likely result in a carry-forward of funds into 2015 or receiving additional funds in future years.
Report prepared by: Janice Darnley, extension 5768 Emails: [email protected] For Information contact: Rocco Sgambelluri, extension 5232; Janice Darnley, extension 5768 Emails: [email protected]; [email protected] Date: October 15, 2014 Attachments: 2 127 Attachment 1 2014 Operating Variance
Division (Surplus)/Deficit Explanation
CEO's Office (449,000) due to refunds from property tax appeals and applications for Conservation Land Tax exemptions from prior years, as well as additional interest revenue. savings in rent costs result from delay to new head office building. Ecology (51,000) higher staffing costs in some areas of Ecology more than offset by gapping in Ecology administration for a senior position and coordinator. Parks and Culture 163,000 includes ice storm damages, which may be partially recovered. better than expected revenues at Kortright, Food Services, Bathurst Glen and conservation areas losses slightly offset by increased revenues at Black Creek Pioneer Village Watershed Management 210,000 school booking projected below target by 100 total days. To offset this lower revenue, expenditure savings have been found through staff gapping. To help mitigate there is a fundraising program underway with improved interest and commitments. As well, new school board partnerships are being developed to improve school participation. Other (17,000) various minor variances. Net Operating Surplus (144,000)
128 Attachment 2
2014 Capital and Special Projects
Project Approved Projected Status Expense Expense Budget Variance (under budget)/ over budget 2014 Enhanced 4,600,000 On budget consists of numerous erosion projects Erosion Major including Jennifer-Whitburn slope Maintenance stabilization, Norfield emergency works which are expected to be completed in 2014, Northover and Riverhead slope stabilization phase 1 which have started and continue into 2015. Arsenal Building 870,000 (751,000) project delayed due to: review of land use Renovation zoning restrictions; need to identify long term partners/tenants for the redeveloped building and to confirm a suitable end use of redeveloped building. Goal is to secure partners/tenants, building end-use and additional funding by end of 2014 and begin construction in 2015. There will be a carry-forward into 2015 and 2016. Bolton Camp Site 910,000 (140,000) this is a multi-year project. Work continued Improvement through the summer and anticipate additional construction work in 4th quarter. Brock North and 805,000 (519,000) a multi-year project works include on stream South Redside restoration and fish barrier removals. Carry Dace forward surplus for ongoing restoration and Compensation monitoring. Eco Business 1,550,000 On budget action numerous projects including People Program Power Challenge, Materials Exchange, Eco-Efficiency Assessment Program and Energy Leaders Consortium. Flood Remedial 1,782,000 (1,213,000) a 5 year work plan has been developed for Work the Flood Remedial Works program to address the 8 priority flood risk sites in Peel Region. The majority of the carry-forward funds identified in 2014 will be utilized by the end of 2016. Frenchman's Bay 3,600,000 On budget west and east breakwaters completed on schedule. Contract for concrete walkway within estimated cost. Scheduled to be completed on schedule.
129 Project Approved Projected Status Expense Expense Budget Variance (under budget)/ over budget Greenspace Land 5,148,000 On budget purchase of priority properties within TRCA Acquisition jurisdiction in 2014. Heart Lake Master 1,383,000 On budget project is progressing well towards Plan completion following the receipt of all Implementation approvals. The delay in obtaining municipal approvals caused the project implementation delay. Workshop building completed. Humber Bay 667,000 (236,000) project was delayed in 2014 due to finalizing Landform agreement between TRCA and Toronto Water and data collection during Step 1 of the Scoping Study - carry-forward to 2015 is anticipated. Kortright Centre 1,000,000 Deferred funding for this project has been deferred to Servicing 2015 by the Region of York. Lakeview Design 813,000 On budget coastal engineering is nearing completion. Physical model and topographic surveys of Serson Creek are completed. Initial stream analysis complete. Signed access agreement with OPG. Surveys of near shore and shore of Marie Curtis Park and WWTF finished. Obtained appraisal for water lots. Developed plan for permit acquisition including EA amendment templates. Consultation plan drafted. Proceeding with river design. Major Facilities 3,537,000 1,250,000 by year-end renovations to the Swan Lake Retrofit/ Office Project should be completed. Accommodation Includes capital costs for the office move as previously reported to the Authority for 101 Exchange Avenue. This deficit will be offset with unallocated prior year surplus funds or reserves. Mimico - Phase II 1,679,000 162,000 land purchase and sale agreement related to this project is in progress. Funding for cost overrun is confirmed.
130 Project Approved Projected Status Expense Expense Budget Variance (under budget)/ over budget ORM Developer 1,072,000 (1,072,000) ORM Project with Conservation Lands Compensation anticipated 2015. Pan-Am Equestrian 715,000 On budget in 2013, site servicing and grading were Facility completed which included installation of synthetic footing material in the Main Hunter Ring, Annex Jumper Ring and a training ring. In 2014, the Pavilion and Judges Tower were completed along with the installation of synthetic footing material in the Grand Prix Ring and associated training ring. Construction commenced in the beginning of October for Auxiliary Buildings 1 and 2. Auxiliary Building 1 includes indoor competition and training rings and community space. Auxiliary Building 2 includes stabling facilities." Peel Campground 959,000 (100,000) part of the Environmental Compliance Improvements Approval (ECA) process completed at Albion Hills Conservation Area has identified that the Chalet septic system requires complete replacement. A design has been completed and submitted to the Ministry of the Environment (MOE) for review and approval together with a complete ECA document. TRCA anticipates approval from the MOE in late 2014, and to commence the Chalet septic system replacement in early 2015. Scarborough 1,500,000 (317,000) external contracts bids have not yet been Waterfront Access received therefore projected spending are Plan - estimates. Environmental Assessment South East 1,053,000 Deferred project for trail construction and pedestrian Collector 2 - Trail bridge has been deferred until 2015. Construction
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131 TERMINATION
ON MOTION, the meeting terminated at 9:24 a.m., on Friday, October, 31, 2014.
Gerri Lynn O'Connor Brian Denney Chair Secretary-Treasurer
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