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From YouTube: Budget Committee - January 28, 2020 - Part 2 of 2
Description
Budget Committee, meeting 15, January 28, 2020 - Part 2 of 2
Agenda and background materials:
http://app.toronto.ca/tmmis/decisionBodyProfile.do?function=doPrepare&meetingId=17114
Part 1 of 2: https://www.youtube.com/watch?v=jhOTpVdBzR0
Meeting Navigation:
0:11:57 - Meeting resume
A
A
A
A
A
A
A
A
Just
like
yeah
so
now
I
know
there
was
some
questions
I'll
go
through,
so
we
have
office
of
the
chief
financial
officer
and
treasurer
response
to
e.x
8.22
proposed
budget
changes
to
remove
systemic
barriers
to
hiring
people
with
disabilities.
Were
there
any
questions
on
that
I
didn't
think.
So.
When
we
asked
prior
to
lunch,
make
sure
there
was
none
on
that
Finance
I
think
there
was
a
question:
finance
and
Treasury
services
contributions
to
and
withdrawals
from
the
reserves
reserve
funds.
I
thought
there
was
questions.
A
Okay
and
I,
don't
know
so:
Toronto
number
36,
Toronto,
Transit,
Commission,
new
TTC,
servicing
capacity,
improvements
that
briefing
note:
okay,
thirty-seven
and
Toronto
Public
Library,
there's
two
37
38
Johnna
Public
Library,
2014
220
and
Toronto
Public
Library's
Sunday
service
increases,
counselor,
Part,
C
I
thought
you
had
some
questions:
okay,
so
we'll
go
to
those
two
items.
Thank
you.
B
B
B
C
B
A
A
Are
there
any
questions
on
any
of
those
that
run
through
them?
Inflationary
changes,
existing
user
fees
included
in
the
2020
staff
recommended
budget
hecka
with
Social
Development
Finance
equity
impacts
of
changes
in
the
2020
operating
budget,
corporate
real
estate
report
back
on
building
that
zero
buildings
city
managers,
again
strategic
corporate
policy
percentage
based
budgeting
for
accountability
officers
join
a
community
housing
corporation
funding
of
office
of
advancement
and
meeting
the
precondition
for
rank
ballot
elections,
work
plan
and
budget
I.
A
Don't
recall
seeing
any
questions
on
that,
but
I
just
want
to
throw
it
out
there,
anyway,
okay,
I'm
and
then
I
do
have
no,
let's
we'll
go
through
briefing
notes
expected
to
be
here
next
next
week,
February
4th,
there's
one,
and
these
will
be
coming
how's
that
there's
one
on
the
housing
Secretariat,
no
I,
don't
have
to
read
all
of
them.
They
are
there
so
as
soon
as
they
are
in,
they
will
be
transmitted
to
councilors
once
they
are
completed.
So
just
as
on
those
just.
A
Okay,
so
that
is
all
the
blue
pages-
okay,
great.
So
what
we're
gonna
do
now
we're
gonna
go
on
to
just
overall
questions.
I'm
sensing,
most
of
the
questions
we're
probably
asked
and
answered
during
the
briefing
the
segments,
so
you
have
the
pages
in
front
of
you,
community
and
social
services,
I
believe,
there's
a
question:
counselor
perks!
You
were
talking
about
the
housing
Secretariat.
Do
you
want
to
ask
a
question?
Yes
and.
B
F
Correct
Council
directed
the
city
manager
to
establish
the
role
or
function
of
a
housing
Commissioner
in
2020,
and
we
got
the
city
manager
to
report
to
Council
by
q3,
with
options
for
the
function
to
independently
assess
the
implementation
of
the
revised
Toronto,
Housing,
Strategy
Charter
and
the
new
10-year
plan.
Okay,.
B
B
B
B
No
and
I
understand
that,
and
my
concern
is
if
we
don't
put
something
in
part
year
here
we
get
into
the
twenty
one
budget
cycle
and
because
you
know
from
the
time
council
approves
the
budget
until
the
time
you
can
go
through
HR
and
blah
blah
blah
we'd
lose
not
only
all
of
2020
but
half
of
21
as
well.
But
that's
what
would
happen
if
we
didn't
protect
for
right.
F
To
the
chair,
our
intent
would
be
to
follow
the
counsel
direction
and
initiate
that
function
in
2020.
It's
hard
for
us
to
determine
what
that
annual
cost
would
be
until
we've
analyzed
all
the
options.
But
we
would
you
look
to
using
some
type
of
words
at
one
time,
funding
in
2020
to
actually
establish
the
office
and
then
through
the
2021
budget
process.
It
would,
it
would
just
be
a
matter
of
building
into
the
base.
Okay,.
B
So
I'm
a
belts
and
suspenders
kind
of
guy
and
I
know
that
when
we
approve
the
budget,
we
actually
approve,
like
hundreds,
no
I'm,
both
like
anyway,
when
we
approved
the
budget.
We're
actually
approving,
like
hundreds
of
little
clauses,
saying,
do
this
with
this
money.
Do
that
with
this
money
and
so
on
and
so
forth,
given
that
it
is
everybody's
understanding
that
there
will
be
sufficient
money
in
the
ssh
a
Reserve
and
that
the
intention
is
that
at
a
minimum,
that's
the
backstop.
B
A
D
E
G
H
B
B
The
other
is
that
we
have,
depending
on
what
time
scale
you
look
at
it
about
twenty
four
billion
dollars
in
the
state
of
good
repair,
work
that
we
have
to
do
for
the
TTC,
and
we
don't
have
enough
funding,
even
with
the
city
building
fund,
to
carry
our
share
of
that
further,
that,
in
some
departments,
the
state
of
good
repair
backlog.
This
is
exclusive
of
TCC.
Ttc
will
grow
dramatically.
I
For
the
chair
and
I'm,
just
gonna
reflect
back
on
the
presentation
that
we
launched
the
budget
this
year
and,
if
you
recall,
the
strategy
around
partnerships
was
emphasized.
That
was
also
brought
up
in
the
VBO.
Our
report
and
what
we've
been
trying
to
convey
is
the
fact
that
we
actually
aren't
in
a
position
to
tax
our
way
out
of
the
requirements
and
that
there
is
a
need
for
partnerships,
whether
that
be
with
other
levels
of
government
and
whether
that
be
with
the
private
sector.
I
We
are
looking
at
what
are
the
opportunities
in
salut
Asians
to
develop
those
partnerships
and
to
address
the
needs.
So
when
we
talk
about
the
state
of
good
repair
and
the
TTC
or
the
state
of
good
repair
on
the
roads,
we
know
from
a
regional
perspective
that
the
demands
put
on
the
systems
are
not
caused
only
by
Torontonians,
but
by
areas
that
surround
Toronto.
So
we
are
looking
at
solutions
that
will
involve
other
parties,
so.
B
To
be
clear,
what
you're
telling
me
is
that
the
eight
billion
dollars
that
we
are
supposed
to
have
from
the
city,
because
we're
already
assuming
16
from
other
orders
of
government
for
our
affordable
housing
project
and
that
the
unfunded
portion
of
the
city's
responsibility
for
state
of
good
repair,
because
it's
clear
we're
not
going
to
get
a
hundred
percent
out
of
other
orders
of
government
and
the
three
billion
dollar
growth
in
the
state
of
good
repair
backlog
just
for
transportation.
Your
assertion
is
that
we
can
solve
those
problems
by
partnerships.
I
Through
the
chair,
what
I
am
suggesting
is
that
we
will
look
at
multiple
solutions
to
solve
the
problem.
There
isn't
one
solution
and
that
is
going
to
solve
this
issue
these
issues
and
that
we
are
looking
for
partnerships.
So,
if
you
think
back
to
where
we
were
a
year
ago,
we
did
not
have
a
partnership
with
the
federal
government
for
social
housing.
A
year
ago,
I
want.
B
To
be
very
clear
on
the
housing
side,
we're
assuming,
even
though
the
money
isn't
in
hand
that
we
are
getting
16
billion
dollars
from
other
orders
of
government
there's
8
billion.
That
is
supposed
to
be
our
share.
You
can't
say
that
the
federal
government
is
going
to
pick
up
their
share
and
our
share.
What
is
the
city
strategy
for
picking
up
our
share?
They're
our
share
on
TTC
and
our
state
of
good
repair
backlog
on
roads,
which,
quite
frankly,
no
other
government
in
either
the
GTA
or
federally
or
provincially,
will
pick
up?
H
You
this
this
when
I
look
at
financial
services,
we're
actually
we're
actually
investing
a
lot
of
time
and
money
into
into
this
recasting
of
capital.
So
some
questions
to
ask
because
we
tended
poor
over
operating
and
then
quickly
look
at
capital,
as
my
word
in
there,
and
it's
just
the
nature
of
the
way
we
see
things
but
I'm.
Looking
at
what
the
city
building
fund
will
do
for
us
going
forward,
we
had
we
had
great
fun
with
it
yesterday
in
the
TTC,
we're
way
better
off
now.
H
So
it's
really
a
welcome
investment,
but
I'm
wondering
how
it
will
be
accounted
for
by
finance
and
planning
going
forward
for
the
first
few
years.
I'm
assuming
you're
gonna,
do
what
we
what
we
saw
at
launch
at
lunch.
We
were
told
what
our
debt
target
is,
what
our
debt
ceiling
is,
and
it
was
our
debt
ceiling,
not
including
the
city
building
fund,
at
what
point
does
that
become
so
cumulative
and
and
in
the
budget
that
we
count
to
this
part
in
the
envelope
and
we
actually
look
at
our
true
debt
ceiling
so.
I
Through
the
chair,
I
just
want
to
clarify
why
it's
not
included
in
there
and
when
we
have
recoverable
debt.
That
means
we
have
a
reliable
source
of
income.
That
service
is
a
hundred
percent
of
the
debt.
Then
it's
not
brought
into
the
overall
debt
service
calculation,
and
so,
when
we
think
of
the
city
building
fund,
we
are,
we
are
charging
a
levy
that
will
in
turn
be
a
hundred
percent
used
to
finance
related
debt.
I
H
When
you
so
so,
you
don't
include
it
in
the
chart
that
shows
us
the
debt
service
ratio
so
that
we
know
that
we're
not
at
our
ceiling
for
serving
the
the
the
debt.
So
how
did
when,
if
I
said,
what's
our
debt
right
now?
Do
you
give
me
two
numbers,
or
do
you
just
or
is
the
the
the
the
the
work
we're
gonna
do
with
the
City
Building
Fund
captured
in
that?
What
if
I
say
how
much
debt
are
we
gonna?
Are
we
going
to
incur
this
here
so.
I
H
Okay,
so
at
what
point
in
time,
do
we
start
to
look
at
okay?
We
now
have
that
in
there
as
a
cumulative
total.
This
is
what
we
are
going
to
collect
from
residents
year
after
year
after
year.
The
overall
envelope
is
now
bigger.
We're
gonna
collect
it
every
year,
thereafter,
it'd
be
at
some
point.
It
becomes
a
part
of
the
base
of
what
we
collect
from
resonance.
Do
we
then
shift
how
we
account
for
it.
So.
H
I
H
I
H
E
Through
the
chair,
so
the
debt
itself
is
going
to
support
recoverable
debt
over
the
next
thirty
years,
with
probably
an
additional
ten
years
to
actually
incur
those
costs.
Those
are
decisions
that
would
be
made
40
years
from
today,
I
think
in
terms
of
the
funds
that
were
collected
again,
as
the
CFO
mentioned,
we're
gonna
collect
those
funds
and
ensure
that
we've
got
them
separated
out
from
the
other
revenue
sources
that
we
collect
and
track
their
usage
in
support
of
their
recoverable
debt.
Okay,
it's
your
last
question.
Okay,.
H
H
I
D
D
I
Through
the
chair,
I
think
there's
several
assumptions
that
have
to
be
addressed
in
the
sense
of
what
it's
going
to
be
applied
to
what
the
rates
going
to
be,
how
it's
going
to
be
applied.
What
year,
it's
going
to
start,
there's
several
assumptions
that
honest
I
don't
have
Vancouver's
numbers
with
me:
okay,
that
would
also
be
assuming
that
we
are
going
to
use
the
same
assumptions
that
they
do
to
apply
to
ours.
So
again,
it's
too
difficult.
So.
D
I
D
Given
the
information
we've
just
had
on
the
state
of
good
repair
backlog
like
I,
think
we
we
are
going
to
be
talking
about.
Clearly,
we
are
going
to
be
talking
about
tools
for
raising
the
revenue
necessary
if
we're
serious
about
actually
solving
this
budget
hole
and
so
I
think
we
need
to
to
make
sure
that
the
numbers
in
that
report
can
get
reported
out.
Thank
you.
Thank.
A
You
seeing
no
more
questions.
Okay,
we
will
go
on
now
to
I,
don't
recall
a
lot
of
questions
on
these,
but
other
with
the
city
manager,
legal
services,
City,
Clerk,
City,
Council
office
of
the
mayor.
I,
don't
think
there
were
questions
I
have
prior
that
went
on
for
the
accountability
officers.
With
regard
to
the
agencies.
I
do
recall
there
was
a
question
on
Toronto
Transit
on
TTC.
A
A
A
We
are
now
first
I
want
to,
by
the
way
thank
staff
all
the
incredible
work
that
they
did.
I
just
want
to
just
you
know
for
all
the
work
being
here
and
all
that
so
I
want
to
thank
you
on
that.
We're
now
in
the
I
guess,
with
speaking
whatever,
as
part
of
the
wrap
up,
there's
two
wrap
ups
there's
an
opportunity
for
any
outside
counselors
to
speak
so
choosing
or
you
can
speak
next
week
or
okay,
so
I'll.
Take
it
into
committee.
D
D
I'm,
sorry,
you
open
the
meeting
with
saying
we'd
have
an
opportunity,
introduce
motions.
I
spend
a
good
three
hours
today,
pulling
motions
together,
I.
Just
don't
see
why
you
couldn't
have
just
said.
I'm
gonna
recommend
referring
the
item
rather
than
saying
rap,
rather
than
now
changing
all
right.
What
the
course
would
be,
this.
D
A
A
Oh,
if
it's
a
question
to
me,
we
have
in
past
years,
actually
did
at
this
point
in
the
process.
There
were
no
motions
until
final,
but
I
did
have
to
state.
There
is
a
right
to
do
that,
but
there
is
a
right
for
for
me
to
speak
first
and
to
move
a
deferral
motion.
You'll
have
everyone
will
have
the
right
to
do?
Motions
next
map
I.
H
Know
I
was
raising
the
procedural
point
that
we
have
in
the
past
well.
Well,
there
is
an
intention
to
defer
a
motion.
We
could
tailor
to
defer
an
item
that
we
could
table
motions
and
they
could
travel
along
with
that
deferred
items
so
that
staff
had
a
chance
to
know
what
was
up
the
counts
or
sleep
and
perhaps
act
on
it
and
form
on
it.
So
when
we
get
to
wrap
up
we're
better
prepared,
I
would
submit
that.
That's
it.
H
That's
a
better
way
to
proceed
from
the
perspective
that
I
would
think
they
would
want
to
know
what
the
motions
might
be
and
as
as
you've
just
stated
it,
you
were
duty-bound
to
inform
us
that
we
have
the
right
to
do
that.
Why
would
you
now
deny
the
right
to
do
it?
Having
informed
us
that
we
do
have
the
right
to
do
it?
I
I'm
gonna
have
to
vote
against
a
Perl
if
we're
not
going
to
give
councillors
their
rights,
there's
no
harm
in
doing.
D
So
I'm
a
bit
at
a
loss
for
words
here,
because
up
into
this
point,
I
think
we've
we've
all
tried
to
really
work
together
to
move
this
budget
process
forward
efficiently
and
fairly,
and
this
meeting
opened
up.
In
fact,
there
was
a
briefing
yesterday:
I
wasn't
there
because
I
was
a
home
with
a
sick
child,
but
I
I
was
told
that
there
would
be
an
opportunity
to
advance
motions
at
this
meeting.
D
I
prepared
motions
to
advance
at
this
meeting
to
be
honest
for
nothing
more
than
to
get
them
off
my
plate,
other
counselors,
and
it
took
motions
that
were
written
by
staff
and
brought
them
to
me
to
introduce
now.
So
we
wouldn't
have
to
worry
about
them
and
then,
at
the
be
again
at
the
beginning
of
this
meeting,
we
were
reminded
of
that
fact.