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From YouTube: Budget Committee - April 15, 2019
Description
Budget Committee, meeting 5, April 15, 2019
Agenda and background materials:
http://app.toronto.ca/tmmis/decisionBodyProfile.do?function=doPrepare&meetingId=15868
Meeting Navigation:
0:08:59 - Call to order
Agenda Items:
0:09:59 - BU5.1 - 2019 Capital Budget Adjustments for Carry Forward Funding (Ward All)
0:17:55 - BU5.2 - Toronto Water 2018 Year End Capital Budget and 2019-2028 Capital Plan Adjustments (Ward All)
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We
do
have
quorum.
I
want
to
call
the
fifth
meeting
of
the
Budget
Committee
to
order.
We
acknowledge
the
land.
We
were
meeting
on,
it's
a
traditional
territory
of
the
many
nations,
including
the
Mississauga's
of
the
Credit
gyaneshwara,
the
Chippewa
and
the
Hooton
ishani
and
the
windowed
peoples,
and
is
now
home
to
many
diverse
First,
Nations,
Inuit
and
Metis
people,
and
we
also
acknowledge
that
Toronto
was
covered
by
the
treaty
13
with
the
Mississauga's
of
the
credit
you
can
have
war.
A
Of
course,
watch
on
YouTube
live
you'll
have
to
get
on
very
quickly
because
it
probably
will
be
a
quick
meeting.
Any
declarations
of
interests
under
the
municipal
conflict
of
interest
Act,
seeing
none
can
I,
have
a
motion
to
confirm
the
minutes
of
the
special
budget
committee
meeting
from
January
28th
February
4th,
6,
13th
and
20th
2019
councillor
Bradford
will
move
that
all
in
favor
opposed
that's
carried.
We
have
two
items
on
the
agenda
today.
A
C
What
counsel
has
is
as
a
policy
around
our
capital
funding,
we
call
it
carry
forward
policy
and
what
that
entails
is
allowing
staff
who
have
projects
that
have
been
previously
approved,
where
the
funding
hasn't
been
totally
spent
to
carry
it
forward
into
the
following
year,
so
that
we
can
actually
complete
the
work
so
through
the
budget
process.
There's
an
estimate
done
to
the
from
staff
as
part
of
the
capital
plan
that
you
just
approved
that
estimates
where
they
think
the
spending
on
previously
approved
projects,
as
has
landed
with
results
now
for
year
end.
C
This
report
adjusts
that
so
what
you
have
before
you
is
kind
of
the
culmination
of
all
the
carry
forward
funding,
that's
being
brought
into
the
2019
capital
budget
that
allows
staff
the
spending
authority
to
continue
those
projects
that
have
not
been
completed.
And
what
this
report
is
identifying
is
that
in
total,
we're
carrying
over
a
sum
of
just
over
two
billion
dollars
into
2019,
and
it
represents
about
34
percent
of
the
2018
budget,
not
having
been
spent.
So.
E
D
E
D
E
Through
the
chair,
the
the
entire
process
of
budgeting
for
capital
projects,
we
need
to
look
at
the
quality
of
the
estimates,
the
reality
of
the
corporation's
capacity
to
deliver
on
the
projects,
but
as
well
as
the
external
capacity,
so
the
industry's
capacity
to
deliver
on
the
projects.
We
actually
have
to
revisit
the
capital
plan
to
ensure
that
the
assumptions
are
well
supported
and
reflect
the
current
reality.
Okay,.
D
E
Through
the
chair,
it
comes
back
to
the
assumptions
that
are
built
in
and
again
the
timing
of
the
funding.
So
we
are
going
to.
As
you
know,
the
the
provincial
budget
was
just
late
last
week,
so
we
actually
have
to
go
back
and
look
at
what
projects
potentially
are
impacted
and
come
back
with
a
better
understanding
of
the
assumptions
the
ability
to
deliver
and
determine
whether
or
not
the
same
priorities
still
exist.
Thank.
A
Other
questions
from
committee
members
capsulation
was
just
done.
The
first
item
vu
5.1,
just
a
follow-up
question
to
that.
I'll
actually
ask
we
do
this
every
year
and
this
year
out
of
any
other
other
years,
that
the
two
billion
dollars
is
that
typical
of
a
normal
cycle
to
have
this
kind
of
carry
forward.
So.
E
Through
the
chair,
my
understanding
is
prior
year's
spends
mirror
the
same
percentage
that
we
we
delivered
on
in
2018,
so
within
the
60%
reality.
I
can
also
ask
the
executive
director
if
she
has
any
other
comments.
My
understanding
is
that
our
historical
spent
has
been
somewhere
in
the
60%
area.
So
that
being
said,
you
take
the
the
unspent
amount
of
the
total
budget
and
it
would
seem
like
it's
historically
in
that
same
engine.
A
C
Three
mister
chair
just
like
to
add
that,
on
a
percentage
basis,
we
are
still
experiencing
similar
trends.
We
are
better
than
2017
actually
from
a
percentage
basis
than
what
we
saw
when
we
break
it
down
between
dark
tax
and
rate.
But
the
only
the
other
point
I'd
like
to
note
for
the
committee
is
that
well
we're
we're
hearing
forward
two
billion
dollars.
C
It's
actually
on
a
base
that
was
five
point:
nine
billion,
so
the
the
value
that
we're
starting
with
is
so
much
higher,
and
so
what
we're
seeing
is
always
about
a
third
of
that,
so
the
the
actual
spending
as
a
dollar
belly
has
gone
up,
but
because,
as
a
percentage
of
the
base,
that's
higher.
It's
still
coming
in
to
about
a
third
and.
A
Just
to
follow
up
does
that
unspent
rate
or
a
number
concern.
You
is
this
something
that
we
should
be
concerned
about
as
we
move
forward
and
doing
our
forecasting
as
I'm
looking
at
the
two
billion
dollars
is
a
lot
of
money
that
we
budgeted
for.
What's
not
being
spent
now
understand
that
the
program
is
much
bigger,
it's
much
larger,
but
still
there's.
E
So
through
the
chair,
that
is
correct,
I
totally
agree,
and,
as
is
the
reason
why,
when
we
delivered-
and
we
launched
the
budget,
that
we
did
commit
to
recasting
the
capital
plan
and
revisiting
the
assumptions
that
are
built
into
that
capital
plan,
so
I
fully
anticipate
the
numbers.
With
regards
to
the
timing
of
that
capital
plan
are
going
to
change
for
2020,
okay,.