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HomeMy WebLinkAbout01-16_Minutes_PPG_EMC_2016-02-16GTAA PARTNERS IN PROJECT GREEN A PEARSON ECO BUSINESS ZONE MINUTES OF PARTNERS IN PROJECT GREEN EXECUTIVE MANAGEMENT COMMITTEE MEETING #1/16 February 16, 2016. The Partners in Project Green Executive Management Committee met at MONTECO - 2 St. Claire Ave West, Suite 2100, Toronto. Hillary Marshall called the meeting to order at 2:45 p.m ;J:I=6i4 1 Sean Brady -SO) Advisory Member Mike Brandt ,;vIONTECO) Voting Member Michelle Brown (Bentall Kennedy)* Voting Member Brad Chittick Advisory Member Jonathan Davies (GE Canada) Voting Member Chris Fonseca (Region of Peel)* Voting Member Hillary Marshall (Toronto Pearson) Co -Chair Learie Miller (Region of Peel) Advisory Member Mike Puddister (CVC)* Voting Member Scott Tudor obeys) Advisory Member Alex Dumesle (TRCA) Staff Malaz Sebai (TRCA) Staff Chandra Sharma (TRCA) Staff REGRETS Gordon Brown (Canadian Tire) Voting Member John Coyne (Unilever Canada) Co -Chair Brian Denney (TRCA) Voting Member Mike Layton (City of Toronto) Voting Member Matt Mahoney (City of Mississauga) Voting Member Doug Whillans (City of Brampton) Voting Member *Participants attended via teleconference Page 11 PARTNERS IN PROJECT GREEN EXECUTIVE MANAGEMENT COMMITTEE I MEETING MINUTES ACTION SUMMARY ACTION NUMBER TOPIC DESCRIPTION OWNER ECD STATUS #PPG A3 /15 Membership Facilitate introductions to Financial District Business & Mike Layton 09 -Apr -15 ONGOING Industry Association. Task force to identify strategic recruitment targets and B. Denney, John C., #PPG A4 /15 Membership 09 -Apr -15 ONGOING potential Committee Member support. H. Marshall #PPG A8 /15 Strategy Conduct survey to characterize the Leas ide-Throncliffe Alex Dumesle 30 -Apr -16 ONGOING employment area. #PPG A10 /15 Strategy Revisit Partners in Project Green's advocacy mandate. All 30 -Apr -16 ONGOING Build awareness and invite MOECC and MTO to EV #PPG A13 /15 Energy Perform industry round table with the intent of identifying Alex Dumesle 01 -Feb -16 ONGOING opportunities to help both ministries achieve their goals. #PPG Al /16 Budget Provide breakdown of what is captured in 2016 budget. Alex Dumesle 04 -Apr -16 ONGOING #PPG A2 /16 Budget Request staff to regularly cover budget considerations Alex Dumesle 04 -Apr -16 COMPLETE during pertortnance area sub -committee meetings. #PPG A3 /16 Budget Develop project efficiency indicators to allow for better Alex Dumesle 04 -Apr -16 ONGOING determination of where funds should be allocated. #PPG A4 /16 Budget Capture in-kind community contributions to complement Alex Dumesle 04 -Apr -16 ONGOING financial reports. Revise 2016 financial reporting format to include 2016 #PPG AS /16 Budget conservative budget, 2016 strech budget, and 2015 Alex Dumesle 04 -Apr -16 ONGOING actuals side by side. Revise business case presentation to explicitly #PPG A6 /16 Service Centres communicate how the Centre activities align with Partners Alex Dumesle 04 -Apr -16 ONGOING In Project Green's mandate, and clarify how anticipated fees are based on current market. Staff to poll Executive Management Committee Members #PPG A7 /16 Administration with respect to 2016 meeting schedule, and send out Alex Dumesle 04 -Apr -16 COMPLETE meeting invitations based on the largest availability. RESOLUTION SUMMARY 1/16 IMINUTESOFMEETING ITNAT the Minutes of Meeting 114/15, held on IBad Chittick IMike Brandt *See Supporting Materials below for more information. Page 12 PARTNERS IN PROJECT GREEN EXECUTIVE MANAGEMENT COMMITTEE I MEETING MINUTES SUPPORTING MATERIALS Introduction NEW COMMITTEE MEMBER The group welcomed Scott Tudor, Director of Sustainability as the new Sobeys Inc. representative on the Executive Management Committee. RES. #PPG1/16 MINUTES OF MEETING To approve the previous meeting minutes. THAT the Minutes of Meeting #4/15, held on Oct. 7, 2015 be approved. CARRIED For Information 2015 YEAR END FINANCIAL REPORT Receive 2015 Year -End financial summary for information. Partners in Project Green's financial report for the year ending December 315`, 2015 was presented (Table 1 and 2). Key highlights: • A negative variance of $153,159.25 was reported, primarily attributed to a shortfall in revenues with respect to original projections. It was also mentioned that TRCA would be filling the gap to ensure a balance budget going forward in 2016. Expenses were reported to be $110,022.28 under budget, which was attributed to greater than anticipated program cost efficiency, staff gaping and various cost control measures. Administration expenses were slightly higher than anticipated, but remained lower than those of 2014 and represented 18% of the total budget; well within the generally accepted threshold for healthy not -for -profits of 20%. Page 13 PARTNERS IN PROJECT GREEN EXECUTIVE MANAGEMENT COMMITTEE I MEETING MINUTES Table 1 - 2015 Statement of Financial Activities (Year -End) Budget Actual Variance Year ended December 31, 2015 (YEAR-END) 2015 2015 2015 REVENUES 682,438.39 $ 73,688.50 $ 163,246.19 $ Self -Generated $ 275,000.00 19.8% $ 234,113.97 20.8% $ (40,886.03) Municipal $ 480,000.00 34.6%'$ 480,000.00 427% $ - Provincial $ 50,000.00 36% $ 7,500.00 0 79% $ (42,500.00) Federal $ 125,000.00' 9.0%x$ 21,012.50 1.9°% $ (103,987.50) Business $ 322,500.00 23a%�$ 246,692.00 22.0% $ (75,808.00) Prior year Revenue for Future Projects $ 133,769.23 9.6%x$ 133,769.23 11.9% $ - TOTAL $ 1,386,269.23 $ 1,123,087.70 $ (263,181.53) $ 4,571.47 EXPENDITURES 4,905.87 �$ 104.40 '$ 304.60 $ Stakeholder Engagement Programming $ 349,500.00 24%x$ 371,369.78 20% $ 21,869.78 Energy Performance Programming $ 234,300.00 $ 169,513.20 $ (64,786.80) Waste Management Programming $ 178,300.00 $ 122,586.61 $ (55,713.39) Water Stewardship Programming $ 178,200.00 $ 147,749.67 $ (30,450.33) Special Projects $ 7,000.00 $ 20,061.47 $ 13,061.47 Service Centres $ 70,400.00 $ 59,712.37 $ (10,687.63) Program Marketing $ 155,000.00 n% 150,641.76 12% $ (4,358.24) Program Administration $ 206,000.00 15%x$ 234,612.09 ie% $ 28,612.09 Defamed Expenditures for Future Projects $ 7,569.23 $ - $ (7,569.23) TOTAL $ 1,386,269.23 $ 1,276,246.95 $ (110,022.28) CHANGE IN NET ASSETS $ - $ (153,159.25) $ (153,159.25) NET ASSETS AT BEGINNING OF YEAR $ $ NET ASSETS AT YEAR END E $ (153,159.25) $ (153,159.25) Table 2 - 2015 Statement of Functional Expenses (Year -End) Year ended December 31, 2015 (YEAR-TO-DATE) PROGRAMS PROGRAM PROGRAM TOTAL MARKETING ADMIN. Payroll & Benefits Contract Services Training & Events Supplies & Materials Postage Printing Communications Vehicle, Equipment and Other Rentals Promotional Prizes & Advertisement Special Program Contributions Service Fee Agreement Legal & Financial Fees TOTAL OPERATING EXPENSES PERCENTAGE OF TOTAL $ 682,438.39 $ 73,688.50 $ 163,246.19 $ 919,373.08 r$ 138,726.75 F$ 71,338.44 r$ 1,072.35 r$ 211,137.54 $ 13,976.00 '$ 478.29 �$ 3,168.01 $ 17,622.30 $ 3,995.48 $ - $ 2,593.39 $ 6,588.87 $ 271.47 $ - $ 27.16 $ 298.63 $ 2,312.88 $ 894.00 $ - $ 3,206.88 $ 1,030.77 $ 37.31 $ 3,503.39 $ 4,571.47 �$ 4,905.87 �$ 104.40 '$ 304.60 $ 5,314.87 $ 2,190.17 $ 4,100.82 $ - $ 6,290.99 �$ 37,323.00 '$ - $ - 37,323.00 $ - $ - $ 60,697.00 $ 60,697.00 �$ 3,822.32 '$ - �$ - 3,922.32 $ 890,993.10 $ 150,641.76 $ 234,612.09 $ 1,276,246.95 70% 12% 18% 100% Page 14 For Input PARTNERS IN PROJECT GREEN EXECUTIVE MANAGEMENT COMMITTEE I MEETING MINUTES 2016 BUDGET Receive 2016 budget for input. In light of the reported 2015 deficit, a conservative budget built on more realistic revenue targets was brought forward. Noting that the amount of -$30,010 captured under "Prior year revenue for future year projects" will be reversed since these revenues represent accounts receivable that will only be realized in 2016. As such, increasing the total 2016 budget to $1,150,000. Committee Members made the following suggestions: • Provide a detailed breakdown of what is captured in the 2016 budget, specifically the administration categoryi,PPG A1/161; • Regularly cover budget considerations during performance area sub -committee meetings [PPG A2/161; • Circulate budget and all related documents at least one week in advance of Committee meetings; • Develop project efficiency indicators to allow for better determination of where funds should be allocated [PPG A3/16]; • Capture in-kind community contributions to complement financial reports � ^"' • Revise 2016 financial reporting format to include 2016 conservative budget, 2016 stretch budget, and 2015 actuals side by side [PPG A5/16]. Committee Members also expressed the need to explore how this Committee could help support the development of new revenue opportunities for Partners in Project Green. Councillor Fonseca related her discussion with the Honorable Catherine McKenna, Federal Liberal Cabinet Minister, at the Federation of Canadian Municipalities Sustainable Communities Conference. Councillor Fonseca mentioned Partners in Project Green to the Minister, and indicated that she had learned through her conversations that the Federal Government was expected to take a more flexible stance on how it partnered with municipalities, exploring alternatives to its traditional funding model (i.e. 1/3 Federal + 1/3 Provincial + 1/3 Municipal), specifically for green infrastructure projects. Committee members agreed that this was an opportunity worth exploring, and that they might be able to play a role. Staff will look for opportunities to engage Minister McKenna in the short term (e.g. Spring networking, bike the creek event, etc.). Page 15 PARTNERS IN PROJECT GREEN EXECUTIVE MANAGEMENT COMMITTEE I MEETING MINUTES Table 3 - 2016 Statement of Financial Activities (Budget) For Input Innovation Centre Business Plan Receive Innovation Centre business plan for input. Following the Committee's directive, and with support from Performance Committee members (Brad C. and Jonathan D.), staff presented a simplified business plan of Partners in Project Green's future Innovation Centre. Staffs aim is to use the plan to garner support from potential delivery and funding partners. The model presented involved creative matchmaking between end-users and innovative cleantech providers as well as dedicated support to alleviate typical barriers to innovation adoption (Figure 1) — a market that is currently not well served by consultants, incubators, accelerators, and the like. A social enterprise of sorts, where profits will be re -invested in the growth of the Centre and into important local socio -environmental causes. Page 16 Budget Actual Year ended December31,2016(YEAR-TO-DATE) 2016 2015 REVENUES Self -Generated $ 275,000.00 246% $ 234,113.97 208-1. Municipal $ 460,000.00 411%'$ 480,000.00 427% Provincial $ 40,000.00 36i $ 7,500.00 ori Federal $ 35,000.00 34%'$ 21,012.50 19% Business $ 340,000.00 304%'$ 246,692.00 22 Uw * Prior year Revenue for Future Projects $ (30,010.00) -2 7% '$ 133,76923 11 9i TOTAL $ 1,119,990.00 $ 1,123,087.70 EXPENDITURES Stakeholder Engagement Programming $ 298,120.00 si % '$ 371,369.78 10% Energy Performance Programming $ 196,520.00 $ 169,513.20 Waste Management Programming $ 124,290.00 $ 122,586.61 Water Stewardship Programming $ 206,500.00 $ 147,749.67 Special Projects $ 29,600.00 $ 20,061.47 Service Centres $ 54,270.00 $ 59,712.37 Program Marketing $ 60,740.00 5% '$ 150,64176 12% Program Administration $ 148,450.00 13%'$ 234,612.09 iav * Deferred Expenditures for Future Projects $ 1,500.00 $ - TOTAL $ 1,119,990.00 $ 1,276,246.95 CHANGE IN NET ASSETS $ - $ (153,159.25) NET ASSETS AT BEGINNING OF YEAR $ - NET ASSETS ATYEAR END $ - $ (153,159.25) For Input Innovation Centre Business Plan Receive Innovation Centre business plan for input. Following the Committee's directive, and with support from Performance Committee members (Brad C. and Jonathan D.), staff presented a simplified business plan of Partners in Project Green's future Innovation Centre. Staffs aim is to use the plan to garner support from potential delivery and funding partners. The model presented involved creative matchmaking between end-users and innovative cleantech providers as well as dedicated support to alleviate typical barriers to innovation adoption (Figure 1) — a market that is currently not well served by consultants, incubators, accelerators, and the like. A social enterprise of sorts, where profits will be re -invested in the growth of the Centre and into important local socio -environmental causes. Page 16 PARTNERS IN PROJECT GREEN EXECUTIVE MANAGEMENT COMMITTEE I MEETING MINUTES Adoption Support refer Bener� amessro anessm wlufmns mar&t Figure 1 — Proposed Innovation Centre Model Next Steps: • Form key delivery partnerships (Jan. — Jul. 2016) • Kick-off first project (Jul. 2016) • Secure seed funding (Mar. — Dec. 2016) • Implement first project (Dec. 2016) • Formal centre launch (Jan. 2017) The business plan was well received by Committee Members, and all agreed with the market opportunity that was identified. The following suggestions were made for staff consideration: • Clearly communicate how the proposed services are complementary to existing market solutions and conducive to collaboration. • Provide clarity how proposed model differs or augments the existing work of Performance Committees • Clearly communicate the intended use of future revenues. • Revise business case presentation to explicitly communicate how the Centre activities align with Partners in Project Green's mandate, and clarify how anticipated fees are based on current market. [PPG A6/16] For Approval Executive Management Committee Schedule Approve 2016 meeting schedule Due to time constraints, a formal motion was not put during the meeting. Instead, it was recommended that Staff poll Executive Management Committee Members with respect to the 2016 meeting schedule, and send out meeting invitations based on the largest availability. Page 1 7 PARTNERS IN PROJECT GREEN EXECUTIVE MANAGEMENT COMMITTEE I MEETING MINUTES TERMINATION ON MOTION, the meeting terminated at 4:50 p.m., on February 16th, 2016. Hillary Marshall John Coyne Co -Chair Co -Chair NEXT MEETING April 4th, 2016 Region of Peel (10 Peel Centre Dr., Brampton) Page 18