Toronto City Council Budget Committee, 27 Mar 2017

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From YouTube: Budget Committee - March 27, 2017

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Budget Committee, meeting 31, March 27, 2017
Agenda and background materials:
http://app.toronto.ca/tmmis/decisionBodyProfile.do?function=doPrepare&meetingId=12189

Meeting Navigation:
0:07:56 - Call to order

Agenda Items:
0:08:51 - BU31.1 - 2017 Capital Budget Adjustments for Carry Forward Funding (Ward All)
0:10:17 - BU31.2 - Toronto Water 2016 Year End Capital Budget and 2017-2025 Capital Plan Adjustments (Ward All)
0:09:20 - BU31.3 - Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments (the First Quarter) (Ward All)
0:09:34 - BU31.4 - Fleet Services 2016 Year End Capital Budget Adjustment (Ward All)
0:09:44 - BU31.5 - Toronto Community Housing Corporation Multi Building Energy Retrofit Financing Request (Ward All)

A

With the members of the Budget Committee come to committee, room 14, quorum.

B

I call the meeting to order. Please.

A

Good morning, folks.

A

Good morning, everyone you jit whoa. That means no death anyway,.

B

I'd like to call the meeting to order. Are there any declarations of interest under the municipal conflict of interest act? Seeing none thank. You can have a confirmation of the minutes of November eighteenth december six December 1619 20th, that's in 2016 and January 12 and 24 2017 council of light will move that all in favor opposed that's carried. We have a very, let's see it I think we have a quick agenda today. So let's go through it quickly and we'll see what happens: bu, 31.1, 2017 capital budget adjustments for carry forward funding.

B

No questions. uh Council annunziata will move that all in favor opposed. That's carried bu 31.2 toronto, water 2016 year in capital budget in 2017, 225, capital plan adjustments.

C

If I could I just have one question and then an all adopt the item, if we want to go back to it, will hold that.

B

Very quickly, bu 31.3 facilities, 2017 capital budget in 20, 18 to 26 capital of plan adjustments.

B

Councillor Carol will move that on favor close, that's carried bu 31.4, Fleet Services 2016 year in capital, budget adjustments and questions. Councillor Campbell will move that if there's nothing on favorite pros, that's carried bu 31.5, Toronto, Community, Housing, Corporation, multi-building energy, retrofit financing requests. If I could, I.

C

Just want to say how great it is that we're doing this, and if we could be proud of anything we do this week at City, Council and Budget Committee. This should be it I'm going to go back to my office. Photocopy, that's entweder doubt to the world, because 35 million dollars for energy trow fit of community housing is something to celebrate in the City of Toronto I.

B

Agree: Thank, You counsel. The late will move that on favorite pose that's carried so we'll go back to 31.2 Council eight. You had a question. Yes,.

C

Thank you to mr. de Geronimo. This has to do with. You were 80. Your delivery rate was eighty percent for four year. 2016 capital projects through.

D

Mr. cherry, yes, we just finished closing out our year-end numbers and we landed at eighty percent and.

C

Could you just tell us how that ranks with respect to other divisions of the city, I.

D

Haven't seen their numbers, but typically they they do not achieve that on the total program. They'll have certain parts of the program. Well, they might meet their targets and could.

C

You just tell us in the projects that you did complete in 2016 how'd, you do. How close were you to the budget.

D

Through mr. chair, we did not do any budgetary allocations to increase contracts amounts last year that I'm, aware of so we came within our budget allocations. What we do, what we do is this report here is the reallocations to manage the forecasted cash flows, but the total multi-year contracts. We had no contract adjustments like it. Thank you.

B

Okay, council, the late move, the staff recommendations on favor pose that's carried, we are done. We are adjourned. Four minutes.