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HomeMy WebLinkAboutFinance and Business Development Advisory Board 2000 ~ ITEM 1 - -, '~HE TORONTO AND REGION CONSERVATION AUTHORITY MEETING OF THE FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 Page C1 The Finance and Business Development Advisory Board Meeting #1/00, was held in the Humber Room, Head Office, on Friday, March 3, 2000. The Chair, Ron Moeser, called the meeting to order at 9:05 am. PRESENT Randy Barber Member David Barrow Member Raymond Cho . Member Christine Cooper Vice Chair Peter Li Preti Member Ron Moeser Chair Dick O'Brien Chair, Authority REGRETS Joan King Member Paul Palleschi Member Maja Prentice Member RES.#C1/00 - MINUTES Moved by' Christine Cooper Seconded by' David Barrow THAT the Minutes of Meeting #7/99, held on January 14, 2000, be approved. . . . CARRIED SECTION I - ITEMS FOR AUTHORITY ACTION RES.#C2/00 - 1999 FINANCIAL PROGRESS REPORT For the Period January 1 to December 31, 1999 This is the year end financial progress report, identifying major variances from budget during 1999. Moved by' Christine Cooper Seconded by' David Barrow THE BOARD RECOMMENDS TO THE AUTHORITY THAT the 1999 Financial Progress Report for the period January 1 to December 31, 1999, be received. . . . . CARRIED C2 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 " BACKGROUND As part of the Authority's ongoing financial management, staff provides regular financial progress reports describing activities to date as measured against the approved 1999 Business Plan. Staff has reported previously on financial variances to September 30, 1997 and informally as of the end of November The report which follows describes major variances from the 1999 approved budget in the same format at the 1999 Business Plan. The 1999 Audited Financial Statements will be available at the March 3, 2000 meeting RATIONALE Itemized in the attached report are the significant variances from the approved 1999 Business Plan and Budget. There is a projected total corporate deficit of $60,200 for 1999 For information contact: Jim Dillane, 667-6292 Ralph Kofler, extension 274 Date: March 1, 2000 Attachments (1) March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C3 ~ .,...... . - Attachment 1 THE TORONTO AND REGION CONSERVATION AUTHORITY FINANCIAL PROGRESS REPORT FOR THE PERIOD JANUARY 1,1999 TO DECEMBER 31, 1999 C4 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 . -- Page 1 OPERATING AND CAPITAL BUDGET: VARIANCE OVERVIEW Operating Deficit: $483.0 thousand Less: Tax refund shown in Capital results: ($422.8) thousand Total Corporate Deficit $ 60.2 thousand Budgeted surplus not realized $ 200.0 thousand Total Variance $ 260.2 thousand Operating Overview: The major components of the operating results are as follows: . Conservation Foundation of Greater Toronto fundraising for the Conservation Journeys and the Corporate Campaign was below target such that a transfer to the TRCA of $501.0 thousand of undesignated funds was not possible. There were still, however, about $615.0 thousand of designated funds transferred to the TRCA. . $256.7 thousand variance for Black Creek Pioneer Village programming. Of that amount about $150.0 thousand relates to revenue shortfalls from CFGT fundraising and sponsorships. In addition, the budget was constructed on the assumption that a higher amount of Ministry of Culture and Communications provincial grant could be secured in 1999 but that did not materialize resulting in a $60.0 thousand shortfall. The remaining $50.0 thousand variance relates to Village operations. Attendance levels and per visitor spending improved considerably over 1998. While Christmas admission and retail sales were less than hoped for, other items such as the Education program and filming revenue were up almost enough to offset the shortfall. The surplus from the Food operations at BCPV came in about $20.0 thousand less than budget mostly due to poorer results at Halfway House. Finally, in order to sustain the momentum in restoring lost visitation, an extra $30.0 thousand was authorized for marketing. . $202.0 thousand net shortfall for the Conservation Areas and Kortright. Area results were generally very good, particularly in the camping and swimming programs. There was a revenue shortfall associated with the start-up of the Bruce's Mill driving range. Kortright attendance was up 11,500 over 1998. However, there was an overall negative variance to budget of $158.7 thousand because of some revenue shortfalls and higher maple syrup program, maintenance, and staffing costs. . Land Use Planning was about $120.0 thousand over budget. Fees were down $100.0 thousand because of continuing delays in fully establishing the collection mechanism for the new planning charges. Legal costs for OMB hearings were about $100.0 thousand over budget but gapping and cost containment was used to offset most of the overall shortfall. March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C5 ...... - - Page 2 . Various Watershed Management: Gapping and deferral of some initiatives resulted in Watershed Strategies being underspent by a net of $55.6 thousand and Resource Monitoring underspent by $30.1 thousand. Regeneration activities were better than budget by $210.3 thousand. Staff associated with these programs typically move between operating, capital and Special Projects. In 1999, more staff time was spent on capital and special projects than was assumed by the budget. About $100.0 thousand of Canada Post funding was applied towards the project management of the former Arsenal Lands Remediation. Special project revenue was $300.0 thousand above budget. . Dealing with the deficit: When the major revenue shortfalls above became evident, cost cutting actions were implemented across the organization to mitigate the potential shortfall. In addition some non-typical revenue sources became available to cover off the shortfall. Firstly an amount of $422.8 thousand was received from an appeal of the provincial sales tax assessed on the construction of the BCPV Visitor Centre completed in 1986. This item is shown under the capital section. Secondly, the $168.3 positive variance showing under Property Services relates to applying land sale revenues against the cost of this activity. Various other shortfalls 1 surpluses are shown and noted on the summary page. Capital Overview The 1999 Capital Budget was constructed to produce a $200.0 thousand surplus which was to be the first year of a three year fundraising effort by the Conservation Foundation of Greater Toronto to cover the deficit incurred on the construction of the Kortright Living Machine. The 1999 portion was not secured resulting in a further $200.0 thousand variance from budget. A complete summary of budgeted and actual results follows the comments section as we/I as a list of variances by business component with brief explanations. Also attached is a report of revenue results for selected program areas. OTHER ITEMS 1999 At Dec. 31 Total Number of Visitors Target Actual 1999 Actual 199B Black Creek Pioneer Village 190,000 178,235 156,114 Conservation Areas 546,000 455,502 431,447 Kortright Centre 140,000 130,589 119,933 Conservation Field Centres 36,000 41 ,045 39,123 C6 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 --- ....- . ~ Page 3 Special Projects Higher than budgeted year-to-date actuals, particularly in the Regeneration, Resource Monitoring, and Watershed Strategies programs, are often attributable to this category. "Special Projects" refer to a variety of activities the Authority carries out where specifically designated, usually one-time funding, is available for things like research, rehabilitation, planting, and plant material costs. Sources include: 1) Employment Programs: government sponsored, job-creation programs. 2) Site 1 Research Specific Initiatives: where special funding is provided from a private or governmental source to carry out some specific research or site work. Major projects include Rehabilitation & Planting, Fisheries Plans, Water Quality Improvement Programs, Habitat Improvement Program, Summer Experience Program and the Environmental Youth Corps Program. Vehicle & Equipment Reserve $197.4 thousand larger net transfer to reserve. Some vehicle expenditures were deferred but the variance is mostly attributable to new higher program charges to ensure the long term viability of the reserve. CAPITAL BUDGET Project for Valley and Shoreline Regeneration in the Municipality of Metropolitan Toronto, 1997-2001: About $200.0 thousand less than budget spent. Parkview Hills, Fishleigh and Prince of Wales deferred. Extra work on Ashbridge's Bay shoreline and in Toronto Parks. Lake Ontario Waterfront Regeneration Projects in Metropolitan Toronto and Durham Region, 1995-1999: About Net $400.0 thousand under budget. Cell 1 capping, Mimico Apartment Strip and Brimley Road sidewalk deferred. Ashbridge's Bay work enhanced. Port Union Waterfront Improvement Project: $900.0 thousand underspent. Funding sources and approvals still in progress. Administration Office - $145.0 underspent. Most of work deferred. Offices for Greater Toronto Services Board - $82.4 thousand spent of unbudgeted $300.0 thousand project. Funded from reserves and to be recovered from rents in future years. Don Valley Brickworks Regeneration Project, 1994-97: Project completed except for a few minor items. $18.0 of $75.0 thousand spent. Etobicoke Motel Strip Waterfront Project: - $1.7 million underspent. Process to settle expropriations still in progress. Toronto Remedial Action Plan - Overall expenditures very close to budget. Additional non- levy funding received. Capital Continued........... Page 4 March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C7 Peel Natural Heritage Project: -Expenditures $23.0 thousand less than budget. Several sites still in start-up phase. York Natural Heritage Project: - Expenditures $102.0 thousand more than budgeted, covered from additional non-levy funding, especially on Bartley Smith Greenway. Public Use Infrastructure Project: - Expenditures about $100.0 thousand more than budget. Some unbudgeted road repairs and improvements at Kortright and Conservation Areas. Extra work on BCPV buildings funded by CFGT and other revenue. Kortright Living Machine Project: -$24.0 extra expenditures for roads and landscaping. $200.0 thousand of fundraising not achieved. Waterfront Open Space - $1.95 of $2.0 million budget spent. Acquisitions include. Former CNR Lands: 8.382 acres of L. Ontario shoreline in former City of Scarborough. Former Abe property: 7.780 acres of L. Ontario shoreline in Pickering. Former Campbell, Brown, Annis properties: 2.01 acres of L. Ontario shoreline in former City of Scarborough. Former Scudellari, Deane properties: .610 acres of L. Ontario shoreline in Pickering. Greenspace Protection and Acquisition Project 1996 - 2000. - $1.91 of $2.0 million budget spent. Acquisitions include: Former Kuipers: .227 acres of Etobicoke Creek flood plain/valley land in Brampton. Former Lenglet property: .389 acres of Humber flood plain/valley land in Toronto (former North York). Former 752872 Ontario Ltd property. 1.275 acres of Humber flood plainlvalley land in Vaughan. Former Trophy Homes property: 2.738 acres of Humber flood plainlvalley land in Vaughan. Former Novastar Dev. property: .504 acres of Humber flood plain/valley land in Vaughan. Former Vellore Inc. property:51.85 acres of Humber flood plain/valley land in Vaughan. Former Avdell Dev. property. .920 acres of Humber flood plain/valley land in Vaughan. Former Millview Inv property. 20.27 acres of Humber flood plainlvalley land in Vaughan. Former Danyer property:6.177 acres of Humber flood plainlvalley land in Vaughan. Former Petro-Canada property: .420 acres of Humber flood plain/valley land in Toronto. Former Canadian-Pacific property. 4.382 acres of Humber flood plainlvalley land in Caledon. Former Town of Caledon property:5.8 acres-of Humber flood plainlvalley land in Caledon. Former Enderes property.13.1 acres of Humber flood plain/valley land in Caledon. Former Campbell property: .843 acres of Humber flood plain/valley land in Caledon. Former Woodbine Humber Dev property: 2.767 acres of Humber flood plainlvalley land in Toronto (former Etobicoke) Former Canadian National Railways property: 1.654 acres of Don flood plain/valley land in Toronto. Capital Continued........... Page 5 C6 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 -- ...,-,.~. -- Former Forster property: .436 acres of Don flood plain/valley land in Toronto (former city of North York). Former Leopard Dev. property: .910 acres of Don flood plain/Valley land in Richmond Hill. Former Grayfive Dev. property: .140 acres of Rouge flood plainlvalley land in Richmond Hill. Former York Region School Board property: 3.0 acres of Rouge flood plain/valley land in Richmond Hill. Former Clarke property: 3.220 acres of Rouge flood plainlvalley land in Markham. Former Young, Dick, St. Lawrence property: 95.525 acres of Duffins flood plainlvalley land in Uxbridge. Former Martin property: 26.0 acres of Duffins flood plainlvalley land in Pickering. Former Onto Realty Corp.property:50.75 acres of Duffins flood plainlvalley land in Pickering. Rouge River Natural Areas Acquisition Project - unbudgeted acquisition of the former Twynn Rivers property consisting of 10.7 acres of Rouge watershed land in Scarborough. $6.112 million equally funded provincially, federally, and municipally. Niagara Escarpment Land Acquisition - Project deferred. Arsenal Lands Remediation - $300.0 thousand higher expenditures. Funded by Canada Post, the former owners, by agreement. March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C9 -- -. Page 1 of 2 TORONTO AND REGION CONSERVATION AUTHORITY PROGRESS REPORT JANUARY 1 TO DECEMBER 31, 1999 IN BUSINESS PLAN FORMAT OPERATING 1999 Budget 1999 Actual BUSINESS COMPONENTS Gross Program Other Net: Levyl Gross Program Orher Ner Levy/ Ner Exp % & ACTIVITIES Expenditures Revenue Sources Grant ExpencJilure Revenue Sources Gran! Budger Used $ $ $ $ $ $ $ $ WATERSHED HEALTH WATERSHED PLANNING 1) Watershed Strategies 1,057,300 375,200 682,100 874,754 43,291 204,961 626,502 91.85% 2) Resource Monitonng 872,100 100,000 772,100 958,048 213,856 2.380 742,012 96.10% 3) Education a) Conservation Field Centres 2,100,500 1,420,800 560,900 118,800 2,101,240 1 412.786 529,381 159.073 133 90% b) Kortright Centre 1,338,800 869,400 16,000 453,400 1,452,431 811,297 29,026 612,107 135 00% 4) Flood Warning 214,700 214,700 196,621 196,621 9158% 5,583,400 2,290,200 1,052,100 2,241,100 5,583,094 2,481,030 765,748 2,336,315 10425% lAND USE PLANNING SERVICES 5) AdVISOry / Technical Clearance 569,850 300,000 269,850 675,095 182,818 3,573 488,704 18110'/, b) Permitting/Compliance Monitorrng 809,450 200,000 609,450 734,661 219,866 3,573 511,222 83 88Y. 1,379,300 500,000 879,300 1,409,756 402,684 7,1-46 999,926 113.72% REGENERATION 6) Project DeSign & Implementabon 1,339,600 500,900 411,600 427,100 1,490,698 766,994 506,806 216,897 50 78'/, 1,339,600 500,900 411,600 427,100 1 ,490,698 766,994 506,806 216,897 MANAGEMENT OF PUBLIC ASSETS land Management 8) Property SelVlces 676,000 75,000 601,000 721 723 113,717 175,180 432,827 72.02'/' 9) CA Land Management 595,400 595,400 631,735 10,504 621,231 104.34% 10) Water Management Structures 110,700 110,700 114,152 114,152 103.12'/, 11) BCPV Infrastructure 875,000 875,000 887,224 (0) 11,718 855,508 9777'/, 12) Business Development 747,700 1,315,000 (567,300) 681,671 1,291,256 10,000 (619,585 -109 22Y. 3,004,800 1,315,000 75,000 1,614,800 3,016,507 1,404,973 207,400 1 404,133 86.95Y. WATERSHED EXPERIENCE 13) RecreatJon Programs 2,825,500 2,657,500 0 168,000 2,807,258 2,579,355 16,211 211,692 12601% 14) BCPV Programs 3,541,900 2,745,300 371,500 425,100 3,724,169 2,828,715 213,676 681 778 16038% b) Marketing & Development Inlabves 501,100 (501,100) (0) 0 6,367,400 5,402,800 872,600 92,000 6,531,427 5,408,069 229,887 893,470 97116% Vehicle & EqUipment (Net) (36,700) (36,700) 0 (234,136) 0 (234,136) (0) 151 CORPORA TE SERVICES a) Management Services 406,500 406,500 437,213 15,706 (6,629) 428,136 10532% b) Corporate Secretarrat 160,300 160,300 192,222 192,222 119.91% c) Development Office 269,900 269,900 239,797 239,797 d) Communications 341,500 341,500 286,721 2,815 283,906 8314Y, e) Human Resources / Safety 249,400 249,400 224,457 19,337 205,120 82 25% f) Office Services 535,500 535,500 508,706 985 507 721 9481% g) InformatJon Technology 464,300 215,000 249,300 583,732 16,042 316,993 250,697 100 56% h) Financial Services 498,900 250,000 248,900 506,768 268,065 240,703 9671'/, 2,926,300 250,000 484,900 2,191,400 2,979,616 318,135 552,976 2,108,506 96 22% Corporate Services % of Total Budget 713% 146% 77% 164% OPERATING TOTAL 20,564,100 10,258,900 2,859,500 7,445,700 20,776,961 10,781,886 2,035,828 7,959,247 106 90% MNR Transfer Payment 626,800 657,560 Rouge Park Levy 251,615 167,743 83,872 MUnicipal Levy 6,818,900 6,818,714 Operatmg Deficit / (Surplus) 0 482,973 C10 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 ~ .. -- . . = TORONTO AND REGION CONSERVATION AUTHORITY PROGRESS REPORT JANUARY 1 TO DECEMBER 31, 1999 IN BUSINESS PLAN FORMAT CAPITAL 1999 Budget 1999 Actual BUSINESS COMPONENTS Gross Program Other Net; Levy! Gross Program Orher Net: Levyl Ner Exp. % & ACTIVITIES Expenditures Revenue Sources Grant ExDendlrure Revenue Sources Grant Budoer Used $ $ $ $ $ $ $ $ WATERSHED PLANNING 1) Watershed Strategies (Waterfront) 77,600 77,600 90,959 500 90,459 11657% 2) Resource Monitoring (Waterfront) 121,200 121,200 121,556 121,556 100.29% REGENERATION 6) Regeneration Capital Projects Waterfront Regeneration 2,448,900 100,000 562,200 1,786,700 1,651.365 305.369 (13,520) 1,359,497 76 09% Port Union Watefront Improvement 3,000,000 2,000,000 1,000,000 103.025 103,025 1030% Etobicoke Motel Strip 2,200,000 1,100,000 1,100,000 512,371 24,589 243,891 243,891 22. 17% Toronto RAP 1,143,000 205,200 937,800 1,180,299 41.250 347,332 791 ,717 84.42% Peel RAP 400,000 200,000 200,000 171125 20,607 150,518 75,26% York RAP 400,000 200,000 200,000 502,256 173,016 166,056 161,162 80.59~, Valley & Shoreline Regen. 1,682,000 432,000 1,250,000 1,471,210 36,600 363,138 1,071 472 85.72% Flood Control Toronto Islands 10,543 10,543 Brickworks 75,000 75,000 18,137 17169 968 Arsenal Lands Remediation 1,100,000 115,000 985,000 1,562,861 576,589 986,272 100 13'h 12,448,900 100,000 4,889,400 7,459,500 7163,191 1174,604 1129.5.:13 4,679,084 6541% 7) Land Acquisitions & Disposals 4,650,000 4,000,000 650,000 10,006,031 10,006,031 0 WATERSHED EXPERIENCE Public Use Infrastructure Projects 282,000 141,200 140,800 423,047 443,296 206,743 (226,992 -161.22% Kortright living Machine 50,000 250,000 (200,000) 24,046 3,200 20,648 CORPORA TE SERVICES Administrative Office 150,000 150,000 15.923 15,923 (0 CAPITAL TOTAL 17779,700 4.100000 6 080.600 7599100 17,866,754 1,616,400 11,363,400 4,684,954 64 28% MNR Transfer Payment 180,750 119,410 Municipal Levy 7,618,350 5,188,361 Capital Deficit I (Surplus) (200,000 (422,817 TOTAL CORPORATE DEFICITI (SURPLUS) 60,156 ~ March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C11 Page 3 PROGRESS REPORT AS OF DECEMBER 31. 1999 SUMMARY OF ACTUAL VARIANCES FROM BUDGET BUSINESS COMPONENT Expenditures Revenue Net Excenditures Brief Explanation $ Over/(Under) $ Over/(Under) $ Over/(Under) WA TERSHED PLANNING 1) Watershed Strategies (182,546) (126,948) (55,598)-Moralne strategy deferred. MIsc. other underspendlng 2) Resource Monitoring 85,948 116,036 (30,088)- Special Projects and miscellaneous 3) Education' a) Conservation Field Centres 740 .(39,532) 40,273 -Less non-operating revenue but costs not down as much b) Kortrlght Centre 113,631 (45,076) 158,707 - Higher Maple Syrup program costs & staff reassignment some revenues under target 4) Flood Warning (18,079) 0 (18,079) LAND USE PLANNING SERVICES 5) Advisory I Technical Clearance 105,245 (113,609) 218,854 -Legal costs re'OMB $100 thousand over New planning revenue stili not fully Implemented b) Permitting/Compliance mOnitoring (74,789) 23,439 (98,228)-cost constraints REGENERA TION 6) Project Design & Implementation 151,098 361,301 (210,203)-Speclal Project revenue up. $100 thousand revenue from Canada Post. More staff time to capital projects than budget MANAGEMENT OF PUBLIC ASSETS Land Management 8) Property Services 45,723 213,897 (168,173)- tax rebates and land sale revenue In excess of budget. 9) CA Land Management 36,335 10,504 25,831 - extra maintenance staff retained 10) Water Management Structures 3,452 0 3,452 11) BCPV Infrastructure (7 776) 11716 (19,492) 12) Business Development (66,029) (13,744) (52,285)-lower cost of maintenance of rentals WA TERSHED EXPERIENCE 13) Recreation Programs (18,242) (61,934) 43,692 -Bruce's Mill driVing range revenue target not achieved 14) BCPV Programs 182,269 (74,409) 256,678 More spent on marketing and retail sales. Grant, sponsorship, and sales revenue not realized. Marketing and Development 0 (501,100) 501,100 -fundraislng still in start-up phase Vehicle & Equipment Reserve (Net) (197,436) (197 436) (0) -some acquisitions deferred. Higher usage charges 11?) CORPORATE SERVICES 0 0 0 a) Management Services 30,713 9,077 21,636 - sick leave pay-out b) Corporate Secretariat 31,922 0 31,922 -legal costs c) Development Office (30,103) (30,103) o - underspent to offset revenue shortfall d) Communications (54 779) 2,815 (57,594)- some initiatives deferred. e) Human Resources I Safety (24,943) 19,337 (44,280)- WCB NEER award, staff development underspent f) Office Services (26,793) 985 (27,778)- postage usage down g) Information Technology 119432 118,035 1,397 - phone system enhancements. Reserve funded h) Financial Services 7,868 16,065 (8,197) OPERATING TOTAL 212,861 (300,686) 513,547 MNR Transfer Payment 30,760 Municipal Levy (186) Operating Deficit I (Surplus) 482,974 CAPITAL WA TERSHED PLANNING 1) Watershed Strategies (Waterfront) 13,359 500 12,859 2) Resource Monitoring (Waterfront) 356 0 356 REGENERA TION 6) Regeneration Capital Projects (5,265,?10) -(-2,685,293) (2,580,4t'7)f>ortUnion barely started. Motel Strip still in progress. 7) Land Acquisitions & Disposals 5,358,031 5,358,031 o - Rouge Park Land Acq. (Twyn Rivers) WA TERSHED EXPER/ENCE Public Use Infrastructure Project 141,047 86,023 55,024 - More BCPV and CA's work. Sales Tax Refund 422,816 (422,816)- Rebate re Visitor Centre. KortTlght Living Machine (25,952) (246,800) 220,848 - fundraising reo 1998 deficit not achieved yet CORPORA TE SERVICES Administrative Office (134,077) (134,077) (0) - deferred CAPITAL TOTAL 87,054 2,801,200 (2,714146) MNR Transfer Payment (61,340) Municipal Levy (2,429,989)- reo regeneration projects Capital Deficit I (Surplus) 1222,817) TOTAL AUTHORITY 260,156 C12 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 ~ ....... --- -- - - Attachment to Progress Report #2. 1999 . THE TORONTO AND REGION CONSERVATION AUTHORITY REVENUE RESULTS FOR SELECTED PROGRAMS FOR THE PERIOD JANUARY 1, 1999 TO DECEMBER 31, 1999 March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C13 . T R,C,A, REVENUE REPORT DATA SHEET . LOCATION Interest ( excluding interest allocated to reserves) MONTH-END 1999 1999 1998 MONTH Mrn YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN -MAR. Mar 28 71,677 50,000 75,928 APR. Apr 25 86,939 65,000 87,715 MAY May 23 96,482 80,000 91,202 JUNE July 04 117,459 100,000 127,939 JULY Aug 01 150,660 120,000 188,466 AUG Aug 29 171,968 150,000 204,932 SEPT Sept. 26 188,428 175,000 239,511 OCT Oct. 24 210,212 195,000 271,394 NOV Nav 21 233,625 220,000 319,304 DEG Dec. 31 266,065 250,000 351,091 llnterest ( excluding interest allocated to reserves) I 400 . . . . .. . :;:" . '. .... .... " ., . : .'. ~ '.:' 300 " ,,' ,. .~. ... . . " '. : ... .. iij' '/: . ..:~ .. , --:::~ . , .!2 .' " --~ '. w '0 ,of" ::J ~ Z 0 w ~ 200 > c W IV c:: III '" :I C ~. .c t:. 100 - .. .. , , ~ ." , < ~ ': . : . "I 'f"~' : .' , :'" 0 .', ':' ... Mar 28 Apr 25 May 23 July 04 Aug. 01 Aug, 29 Sept. 26 Oct, 24 Nav 21 Dee, 31 MONTH ENDED C14 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 -- - -., T.R.C.A. REVENUE REPORT DATA SHEET LOCATION Rental/Leases MONTH-END 1999 1999 1998 MONTH MIf YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN -MAR. Mar 28 151,731 190,000 190,186 APR. Apr 25 222,146 250,000 245,032 MAY May 23 331,285 320,000 305,284 JUNE July 04 404,672 545,000 520,845 JULY Aug. 01 587,612 595,000 543,051 AUG Aug. 29 636,704 J10,OOO 637,147 SEPT Sept. 26 746,491 910,000 817,436 OCT Oct. 24 817,369 1,030,000 928,~34 NOV Nov 21 987,111 1,110,000 1,006,525 DEe Dec. 31 1,301,257 1,315,000 1,222,773 I Rental/Leases I .,.J:: "i'o'.' :-.:~ ~ ~~.t~~o::.... ., w ::1 Z w Gi ~ 600 ; . ~ :l . : .. ":' .~.;~/;:~:>';>.t~ ~:~~:: C .t.... E. 400 "y...' ..~. 200 , ,. :,.,~ :~~1:"~~.'~01~1~:~ >~::ti:: -~:{~ ~:,,: '''<:.?'' ~ "". . 0 . . ,. . Mar 28 Apr 25 May 23 July 04 Aug, 01 Aug, 29 Sept, 26 Oct. 24 Nov 21 Dee, 31 MONTH ENDED - .. March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C15 T.R,C.A. REVENUE REPORT DATA SHEET LOCATION Plan Review MONTH-END 1999 1999 1998 MONTH DATE YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN -MAR. Mar 28 63,637 113,852 69,000 APR Apr 25 89,042 151,667 92,230 MAY May 23 112,442 200,922 130,781 JUNE July 04 155,243 255,614 177,818 JULY Aug 01 205,507 298,907 206,777 AUG Aug 29 241,094 333,737 222,838 SEPT Sept. 26 275,594 376,747 263,647 OCT Oct. 24 306,544 415,011 294,554 NOV Nov 21 341,169 458,366 347,729 DEC Dec. 31 397,688 500,000 395,799 I Plan Review I 600 '. . ',' 600 .. "iiI ~ 400 w '0 ::l e z c . , . w ~ 300 [U c: D:: l)l .... ' ::I 1~I9aAcWa . .. c , .' ..., .c: 200 - . .. t:. , 100 . .. .. .,'. .... ........0;: - ...+.... . .' 0 . , . , Mar 28 Apr 25 May 23 July 04 Aug, 01 Aug. 29 Sept. 26 Oct. 24 Nov 21 Dec, 31 MONTH ENDED C16 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 T R.C.A, REVENUE REPORT DATA SHEET LOCATION Conservation Field Centres MONTH-END 1999 1999 1998 MONTH MIE YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN -MAR. Mar 28 346,608 382,364 360,977 APR. Apr 25 477,292 509,818 492,889 MAY May 23 619,668 639.673 1,068,418 JUNE July 04 1,283,888 1,250,394 1,288,228 JULY Aug 01 1,331,536 1,317,188 1,346,757 AUG Aug 29 1,371,489 1,402,582 1,364,227 SEPT Sept. 26 1,439,640 1,530,036 1,444,061 OCT Oct. 24 1,590,129 1,657,491 1,575,074 NOV Nov 21 1,706,247 1,784,945 1,703,444 DEC Dec. 31 1,843,896 1,981,700 1,863,226 I Conservation Field Centres I 2500 . . . -:~. ~ . . ,',' .. ...... . ,- ~'?' .........~} . .~.!},t: '. .. ., ~ ;:~ ~. :~'. -:.):1;:. ..~.: f'" ;.,,:,~.~ :. .:..~ ." , > v '. . <:....... . 2000 - "~' '. . . -:?":~{~..:::J. ~., :'.: j,: .~... f"";' ; {' ''''\t::.::'::; 1!~t.& : "') :';'1~"':- ~,;. ~ '::.~.t ,'::. ~ ; .~:.~ .!! ~:- ~\~.~ . /':', f~~~', .. w ;g 1500 '. ::I .... .~.. ':Y:':':~' .1:~~('" z 0 Wen. jjj 'tI .. ' " c .. -: ... III ' r.t lfl 1000 "~. ~~~~:~" ,:;;, A "t:'Ft · ~>~~~~~~~~~.J o 'I" E. ' ,. ,.' . 'I" 600 . . , " ,','" '~: 'I~ :;,:, ,:::~': ';; ,,~,:,;~ 1 ~ :,,:,1 ~~ ~ ~ ., ; 0 ... .. ... Mar 28 Apr 25 May 23 July 04 Aug. 01 Aug, 29 Sept. 26 Oct. 24 Nov 21 Oec, 31 MONTH ENDED March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C17 -.. T R,C,A. REVENUE REPORT DATA SHEET LOCATION Food Service MONTH-END 1999 1999 1998 MONTH QATI; YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN -MAR. Mar 28 51,769 53,240 84,043 APR. Apr 25 87,090 115,010 115,500 MAY May 23 151,548 176,780 197,549 JUNE July 04 312,608 316,180 324,454 JULY Aug 01 484,991 434,490 397,738 AUG Aug 29 670,994 566,050 506,419 SEPT Sept. 26 795,994 722,170 619,305 OCT Oct. 24 922,703 865,810 786,498 NOV Nav 21 992,605 956,470 861,942 DEC Dec. 31 1,213,061 1,134,300 1,059,650 I Food Service I 1400 j .. j ~ . , ' . .. 1200 , . '.. ~ 1000 l~ ~ ........,... -....... .. . : III ., ... I .!l! w "0 ::J ~ BOO -l~'"~Jj z l;l W III Gj -g 600 --~ -~I~- 1, c:: ~ ... ' . :J l;l ..r:: I ", t. 400 . . .. .. &J.~.,1t& 200 ~h , . ',' ..... .... ..... ,.. ....-..- , ..-.:!' .;.... .,,""" ~ ..,- .1'" ,1""''' ....... 0 .. . Mar 28 Apr 25 May 23 July 04 Aug, 01 Aug. 29 Sept. 26 Oct. 24 Nav 21 Dec. 31 MONTH ENDED __ ._ C18 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 ... ~~. T.R.C.A. REVENUE REPORT DATA SHEET 1 LOCATION Kortright Centre MONTH-END 1999 1999 1998 MONTH MIE YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN -MAR. Mar 28 273,443 225,000 187,434 APR. Apr 25 369,351 332,800 278,918 MAY May 23 446,923 410,800 333,045 JUNE July 04 528,960 488,800 404,815 JULY Aug. 01 547,772 529,800 433,726 AUG Aug 29 580,400 570,800 462,900 SEPT Sept. 26 612,895 622,800 489,847 OCT Oct. 24 683,642 713,800 560,840 NOV Nov 21 751,452 769,800 593,686 DEC Dec. 31 785,064 815,000 629,287 I Kortright Centre I '::: . :.,i , }: ;;;::J ~t "'t,: '~~; &~~,;,;: '; ~J~ ;'-,,:i, '~ft[, .... f! .!!l w ~ 600 .' " ,^ - ~ " ,.'" ,,' ffi ~ {:', . , m ,"':"'; "~~' [ij i "" 0:: ~ 400 '" i_ ,. o E ' ": " ,:" ;~ <~~~:: %1[:;':" "~: ; ~:,\ ;i~; :~;;? t ~~~ ~~:; . ~, ~~: . :>~ ~:~l~ : Mar 28 Apr 25 May 23 July 04 Aug, 01 Aug. 29 Sept, 26 Oct. 24 Nov 21 Dec. 31 MONTH ENDED ._ March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C19 T,R,C.A, REVENUE REPORT DATA SHEET i LOCATION Conservation Areas MONTH-END 1999 1999 1998 MONTH QATI; YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN -MAR. Mar 28 242,523 218,100 231,934 APR. Apr 25 356,382 348,100 341,592 MAY May 23 565,786 570,100 534,338 JUNE July 04 1,123,430 1,137,100 1,071,343 JULY Aug 01 1,681,953 1,715,100 1,636,902 AUG Aug 29 2,147,354 2,269,500 2,109,987 SEPT Sept. 26 2,370,875 2,489,500 2,319,270 OCT Oct. 24 2,531,204 2,658,900 2,449,949 NOV Nav 21 2,552,956 2,688,900 2,483,899 DEC Dec. 31 2,574,205 2,698,900 2,484,103 I Conservation Areas I 3 .. .." . . :. ..' .., ..' , : \;....! ",""":':"';' <-r'-.".._.~. " ". . I 2 .... ..: 19~e. otuar, y . .." . "', . w '0 ::l ~ Z 0 I w .. I > "tl ! w c 0:: m :I 0 . .r: 1 t. ; '" , ." "':.:' ",' . r'o ~~ ..... .i7..~::w.t 'oJo- .....;... i-.). , , ..- ~:~:,....... 0 ' , . :':. ,:. Mar 28 Apr 25 May 23 July 04 Aug, 01 Aug, 29 Sept. 26 Oct. 24 Nov 21 Dec. 31 MONTH ENDED -.- C20 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 .. -- -- T.R,C.A. REVENUE REPORT DATA SHEET t LOCATION Black Creek Pioneer Village MONTH-END 1999 1999 1998 MONTH MIE YTD TOTAL YTO BUDGET YTD TOTAL $ $ $ JAN -MAR. Mar 28 10,728 0 25,567 APR. Apr 25 36,719 0, 35,500 MAY May 23 197,917 148,100 145,837 JUNE July 04 490,167 357,100 376,181 JULY Aug 01 668,293 533,275 555,777 AUG Aug 29 919,468 738,775 740,691 SEPT Sept. 26 1,082,215 935,275 885,136 OCT Oct. 24 1,237,523 1,100,025 1.045,601 NOV Nov 21 1,380,171 1.21.5,675 1,163,766 DEC Dec. 31 1,638.792 1,498,900 1,492,749 I Slack Creek Pioneer Village I ~ :~: ,:, ::)~d ;:;'0:~~~ 1~:::'::;' 2":~)! I:"~ :;:;' i~, ',~ 't.', ' .-:...~~~ '. .' :;. :: :: ~ ;., ~l::: f~..~i'r: ^ " w '0 ", ,. ::l e " ., . " z g f . ' . w "' 1000 . ...;..-....... "'" "'7""';"'~ "':-... > "0 ' ... . " we' , : , ; III ' " en ~u: ........ "-::' ,,^ 6 .... :. '.. ':{J~ :..~.t;~..:.:::~ ~ ~.::~. '.' ''':, ..};~~'" ......., . E. ,.. Ny '.' .,~ .,... ',' "". ..{ ':,.. }i:::, ' , 600 !'r., ...... /_:: ,.~'y~ ,.: ,. '<' ',: ;':' , :,t:"': i \~ ~,;~ 0 Mar 28 Apr 25 May 23 July 04 Aug. 01 Aug, 29 Sept. 26 Oct. 24 Nov, 21 Dee, 31 MONTH ENDED March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C21 RES.#C3/00 - 1999 DRAFT FINANCIAL STATEMENTS The 1999 financial statements are presented for the Board's approval and recommendation to the Authority Moved by' Randy Barber Seconded by' Dick O'Brien THE BOARD RECOMMENDS TO THE AUTHORITY THAT the transfer of funds into and from reserves during 1999, as outlined in Schedule 8, Continuity of Reserves, of the financial statements, be approved; AND FURTHER THAT the 1999 audited financial statements, as presented, be approved, signed by the Chair and Secretary-Treasurer of the Authority, and distributed to each member municipality and the Minister of Natural Resources, in accordance with Section 38 (3) of the Conservation Authorities Act .. . . . . . . . . . . . . . . . . . . . . . . . . . CARRIED BACKGROUND The 1999 final financial Progress Report, which provides detail on variances from budget, is presented elsewhere on the agenda. A representative of the Authority's auditors, KPMG LLP, will be in attendance to present the Auditor's Report. RATIONALE Financial statement presentation In 1998, the presentation of the financial statements was significantly changed to agree to a format adopted by all authorities in the GTA. The major changes at that time essentially introduced the "business plan" format to the financial statements, In 1999, the changes to the financial statement presentation relate to the Authority's adoption of the local government accounting standards issued by the Public Sector Accounting Board (PSAB) of the Canadian Institute of Chartered Accountants (CICA) On the balance sheet under financial assets, cash and marketable securities are disclosed separately Because of the requirement to adopt the accrual basis of accounting in all instances, the liabilities section of the balance sheet now includes an amount for employees' vacation credits as well as sick leave entitlements for those employees who were with the Authority prior to 1981 and have sick days in the bank, as at December 31, 1999 The total for vacation credits and sick leave entitlement, $870,247, is offset against reserves, within the fund Balances section The PSAB standards also require a Statement of Cash flows to describe the change in cash balances from year to year These standards do not require the capitalization (including the associated amortization) of capital expenditures. Capital expenditures continue to be expensed in the year incurred, Further the CICA introduced the requirement that the auditor's report refer to "Canadian" generally accepted auditing standards and "Canadian" generally accepted accounting principles. It appears that this is an acknowledgement that many companies conduct business internationally and is intended to alert the reader that standards may vary from one country to another C22 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 Reserve Transactions With the adoption of the financial statements, the Authority will be approving the following transfers tolfrom reserves, as outlined on the statement of continuity of reserves: From Reserves: Recreational Development and Restoration $198,017 Tree Donation program 1,198 Major Maintenance 15,923 Lakefill Quality Control 194,653 To Reserves: Provincial Revenue Sharing Policy 71,134 Vehicle and Equipment 216,929 Food Service Equipment 17 ,207 Special Projects 14,604 Net decrease in reserves $89,917 Status of Recreational Development and Restoration Reserve As at December 31, 1999, the balance in the Recreational Development and Restoration Reserve amounted to $399,075, The 1999 reserve transactions together with comparatives for 1998 are itemized below' 1999 1998 Revenue: Wild Water Kingdom 401,045 $416,142 Other leases 76,974 52,325 Interest 28.825 34.773 Total revenue 506.844 503.240 --. March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C23 Expenditures: Direct (legal, lease administration, etc.) 18,045 55,779 Property taxes 62,018 79,778 BCPV development projects 104,965 2,116 Finch 1 Steeles site 21,372 10,401 Hwy #7 lands 1,076 20,317 CA development projects 93,052 146,454 General Authority programs 404.333 336,965 Total expenditures 704,861 651.810 Decrease in reserve balance (198,017) (148,750) Balance, beginning of year 597.092 745.662 Balance, end of year $399,075 $597.092 Provincial Revenue Sharino Reserve The transfer of funds from the Provincial Revenue Sharing Policy Reserve is explained in the notes to the financial statements. Lakefill Quality Control In 1999, the Authority spent $316,993 updating telephone services (hardware and software) to accommodate needs at head office, Black Creek Pioneer Village and Kortright Centre for Conservation, as well as address Y2K issues. Since funds within the Lakefill Quality Control reserve are in excess of the requirements of the program, staff are recommending that this reserve be used to fund the telephone project. Other reserves All other transfers to/from reserves are in accordance with the guidelines established for the use of reserve funds, The notes to the financial statements provide additional detail. Summary The accumulated deficit of the Authority has increased by $60,158, from $608,349 at the end of 1998 to $668,507 at the end of 1~99. Included in the accumulated-deficit is an amount of $547,258 which must still be raised to complete the financing of the Kortright Uving Machine project. It is anticipated that the fundraising will extend beyond 2000 For information contact: Rocco Sgambelluri, extension 5232 Date: February 29, 2000 Attachments (1) C24 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 Attachment 1 DRAFT #3 March 7, 2000 Financial Statements of TORONTO AND REGION CONSERVATION AUTHORITY Year ended December 31, 1999 March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C25 - TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Financial Statements Year ended December 31, 1999 Auditors' Report Statement of Financial Position 1 Statement of Financial Activities and Deficit 2 Statement of Cash Flows 3 Notes to Financial Statements 4 Schedule 1 - Expenditures and Revenue - Watershed Management and Health Monitoring 10 Schedule 2 - Expenditures and Revenue - Environmental Advisory Services 11 Schedule 3 - Expenditures and Revenue - Watershed Stewardship 12 Schedule 4 - Expenditures and Revenue - Conservation Land Management, Development and Acquisition 13 Schedule 5 - Expenditures and Revenue - Conservation and Education Programming 14 Schedule 6 - Expenditures and Revenue - Corporate Services 15 Schedule 7 - Expenditures - Vehicle and Equipment 16 Schedule 8 - Continuity of Reserves 17 C26 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 - AUDITORS' REPORT To the Members of the Toronto and Region Conservation Authority We have audited the statement of financial position of the Toronto and Region Conservation Authority as at December 31, 1999 and the statements of financial activities and deficit and cash flows for the year then ended. These financial statements are the responsibility of the Authority's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we plan and perform an audit to obtain reasonable assurance whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation In our opinion, these financial statements present fairly, in all material respects, the financial position of the Authority as at December 31, 1999 and the results of its operations and its cash flows for the year then ended in accordance with Canadian generally accepted accounting principles. DRAFT Chartered Accountants Mississauga, Canada February 25, 2000 - -. March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C27 TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Statement of Financial Position December 31, 1999, with comparative figures for 1998 1999 1998 (Restated - note 2) Assets Financial assets: Cash $ 3,244,253 $ 3,673,558 Marketable securities 3,747,179 5,135,005 Accounts receivable 2,879,811 2,206,900 Prepaid expenses 130,408 114,192 10,001,651 11,129,655 Other assets. Inventory 636,465 597,741 Property held for sale (note 3) 275,000 275,000 911,465 872,741 $ 10,913,116 $ 12,002,396 Liabilities Accounts payable and accrued liabilities $ 3,081,679 $ 3,434,318 Deferred revenue: Municipal levies 2,157,104 2,570,995 Capital and special projects 3,826,851 3,716,600 Vacation pay and sick leave entitlements (note 2) 880,716 837,889 Trust funds - Rouge Park Alliance (note 4) 494,599 793,364 10,440,949 11,353,166 Fund Balances Reserves (Schedule 8) 1,964,570 2,054,487 Deficit (668,507) (608,349) Amounts to be funded In future periods (823,896) (796,908) 472,167 649,230 Contingent liabilities and commitments (note 8) $ 10,913,116 $ 12,002,396 See accompanying noteswfinancial statements. On behalf of the Authority Chair Secretary-Treasurer 1 C28 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 --...-- - -- -.:.- TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Statement of Financial Activities and Deficit Year ended December 31, 1999, with comparative figures for 1998 1999 1999 1998 Budget Actual Actual (Restated - note 2) Expenditures (Schedules 1 to 7): Watershed management and health monitoring $ 2,254,800 $ 2,253,553 $ 1,984,607 Environmental advisory services 1,379,300 1,391,952 1,345,415 Watershed stewardship 5,039,600 4,804,659 4,316,697 Conservation land management, development and acquisition 16,823,800 17,405,948 12,273,572 Conservation and education programming 9,806,700 10,047,173 9,138,576 Corporate services 3,076,300 2,940,956 2,754,546 Vehicle and equipment, net of usage charged (36,700) (216,929) 115,870 Increase (decrease) In vacation pay and sick leave entitlements - 26,988 (33,978) 38,343,800 38,654,300 31,895,305 Revenue: Municipal: levies 14,437,250 12,007,076 12,563,605 Other 1,643,000 2,782,027 1,806,339 Government grants: MNR transfer payments 807,550 776,970 908,463 Provincial - other 3,786,300 3,026,538 1,084,078 Federal 1,324,200 2,648,241 632,557 Authority generated: User fees, sales and admissions 8,763,700 8,696,720 8,122,030 Contract services 500,900 762,778 963,593 Interest income: General interest 250,000 266,065 358,023 Allocated to reserves - 30,833 67,388 Proceeds from sale of properties 3,030,000 3,171,982 1,547,916 The Conservation Foundation of Greater Toronto 1,853,600 875,618 995,806 Donations and fundraising 4,000 369,003 43,409 Facility and property rentals 1,315,000 1,262,431 1,343,534 Canada Post Corporation agreement 115,000 576,589 - Sales and property tax refunds - 526,560 - Sundry 258,800 697,806 505,895 38,089,300 38,477,237 30,942,636 Excess of expenditures over revenue before appropriations from reserves and amounts to be funded in future periOds (254,500) (177,063) (952,669) Increase.(decrease) in.amounts to be funded in Mure years - 26,988 (33,978) Appropriations to reserves 454,500 89,917 423,911 200,000 (60,158) (562,736) Deficit, beginning of year (608,349) (608,349) (45,613) Deficit, end of year $ (408,349) $ (668,507) $ (608,349) See accompanying notes to financial statements. 2 March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C29 TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Statement of Cash Flows Year ended December 31, 1999, with comparative figures for 1998 1999 1998 (Restated - note 2) Cash provided by (used in): Operating activities Excess of expenditures over revenue $ (177,063) $ (952,669) Change in non-cash working capital (1,640,068) (1,307,457) (1,817,131) (2,260,126) Investing activities: Proceeds on maturities of marketable securities 3,322,505 6,376,075 Purchase of marketable securities (1,934,679) (3,179,310) 1,387,826 3,196,765 Increase (decrease) in cash (429,305) 936,639 Cash, beginning of year 3,673,558 2,736,919 Cash, end of year $ 3,244,253 $ 3,673,558 Supplemental cash flow information. Interest received $ 210,495 $ 138,258 See accompanying notes to financial statements. 4 C30 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 ~. - -- TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Notes to Financial Statements Year ended December 31, 1999 The Toronto and Region Conservation Authority (the "Authority") is established under the Conservation Authorities Act of Ontario to further the conservation, restoration, development and management of natural resources, other than gas, oil, coal and minerals for the nine watersheds within its area of jurisdiction. The watersheds include areas in the City of Toronto, the Regions of Durham, Peel and York, and the Townships of Adjala-Tosorontio and Mono. 1 Significant accounting policies: The financial statements of the Authority are prepared by management In accordance with generally accepted accounting principles for organizations operating in the local govemment sector as recommended by the Public Sector Accounting Board of The Canadian Institute of Chartered Accountants. Significant aspects of the accounting policies adopted by the Authority are as follows. (a) Basis of accounting' Revenue and expenditures are recorded on the accrual basis, whereby they are reflected in the accounts in the year in which they have been earned and incurred, respectively, whether or not such transactions have been settled by the receipt or payment of money (b) Cash and cash equivalents. The Authority considers deposits in banks, certificates of deposit and short-term investments with original maturities of three months or less as cash and cash equivalents. . (c) Capital assets Capital expenditures are reported on the statement of financial activities in the period incurred. (d) Reserves: __Reseot.es for.luture. .expenditures and contingencies are .established as required at the discretion of the members of the Authority Increases or decreases in these reserves are made by appropriations to or from operations 4 March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C31 ~ TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Notes to Financial Statements (continued) Year ended December 31,1999 1 Significant accounting policies (continued) (e) Government transfers Government transfers are recognized in the financial statements as revenue in the penod in which events giving rise to the transfer occur, providing the transfers are authorized, any eligibility criteria have been met, and reasonable estimates of the amounts can be made. (f) Deferred revenue. The Authority receives certain amounts principally from other public sector bodies, the proceeds of which may only be used in the conduct of certain programs or completion of specific work. Further, certain user charges and fees are collected but for which the related services have yet to be performed. These amounts are recognized as revenue in the fiscal year the related expenditures are incurred or services performed (g) Use of estimates. The preparation of financial statements In conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the year Actual results could differ from those estimates. 2. Adoption of public sector accounting recommendations: Commencing in 1999, the Authority has adopted the local government accounting standards issued by the Public Sector Accounting Board of The Canadian Institute of Chartered Accountants. The comparative figures included in these financial statements have been restated to conform with the accounting standards adopted for the current year The adoption of these standards has resulted in the following changes to amounts previously reported (a) "tJ:le reserve for sick ~eave.efltitlements .has been reported as a liability and the offsetting unfunded amount as an amount to be funded in future periods, a component of fund balances These obligations amount to $330,421 (1998 - $333,466); (b) vacation credits earned but not taken amounting to $550,295 (1998 - $509,423) has been reported as a liability and the offsetting unfunded amount as an amount to be funded in future periods, a component of fund balances; and 6 C32 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 - - -..._# ~n~ I TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Notes to Financial Statements (continued) Year ended December 31, 1999 2. Adoption of public sector accounting recommendations (continued): (c) certain comparative figures have been restated to conform with the presentation adopted during the year 3. Property held for sale. The Authority purchased a property in 1990 in order that a project could be completed on adjacent land. It is the intention of the Authority to resell the property The property is carried at its estimated realizable value, net of estimated selling costs. 4 Trust funds: The Authority administers funds on behalf of the Rouge Park Alliance, of which the Authority is a member 5. Reserve for funds held under provincial revenue-sharing policy' Revenue generated from the sale of properties may be held in a reserve created under the Ministry of Natural Resources's policy for the disposition of Authority-owned properties. The Ministry reserves the right to direct the purpose to which the provincial share of funds may be applied or to request a refund. The proceeds on the sale of properties are attributed to the Province and the member municipalities on the basis of their original contribution when the properties were acquired. The reserve balance must always be maintained in proportion to the original contribution by the Province and the Authority, represented by the member municipalities. The Authority is permitted to withdraw the municipal share of the reserve provided that the corresponding provincial share is either matched by other sources of funding or returned to the Province. Interest at prevailing market rates must be imputed on the unspent balance (if any) of the reserve. 7 --.- --- March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C33 TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Notes to Financial Statements (continued) Year ended December 31,1999 5. Reserve for funds held under provincial revenue-sharing policy (continued)' The changes of the reserve in 1999 and 1998 are based upon the following transactions recorded in operations: 1999 1998 Reserve balance, beginning of year $ 310,381 $ 764,154 Additions. Proceeds from sale of properties 3,171,982 1,547,916 Interest - 30,092 3,171,982 1,578,008 Applications. Greenspace acquisition project 1,355,903 1,329,429 Waterfront development 1,569,765 702,352 2,925,668 2,031,781 Appropriations from reserve before amount applied to levies (556,695) (453,773) Amount applied to levies 175,180 - Reserve balance, end of year $ 381,515 $ 310,381 Proceeds from the sale of properties include $36,000 of deposits received on account of sales of properties of which the closing is to take place in 2000 or is conditional upon receiving approval of the Minister of Natural Resources pursuant to the Conservation Authorities Act. The Provincial amount of funds corresponding to the amount applied to levies, $175,180 (1998 - nil), was matched in its entirety with other sources of funds 6. Financial instruments The Authority's financial instruments include cash, marketable securities, accounts receivable, accounts payable and accrued liabilities, the sick leave benefit plan accrual, deferred revenue, secunty depOSits and vacation pay The fair values of cash, accounts receivable, accounts payable and accrued liabilities, deferred revenue and vacation pay approximate their carrying values because of their expected short-term maturity and treatment on normal trade terms 8 C34 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 ~- TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Notes to Financial Statements (continued) Year ended December 31,1999 6. Financial instruments (continued) The Authority's short-term deposits as at December 31, 1999 consisted primarily of money market products. Further information on these investments is as set out below' Weighted average Term to maturity Face value rate of interest Less than one year $ 3,112,329 4.98% Less than five years 634,850 5.41% $ 3,747,179 The sick leave entitlements liability is recorded at the amount required to settle this liability and is fully funded at the financial statement date. The ultimate date of settlement is not determined. No further benefits can be earned under this program as it was discontinued at December 31, 1980 7 Pension agreements: The Authority makes contributions to the Ontario Municipal Employees Retirement Fund ("OMERS"), which is a multi-employer plan, on behalf of full-time members of staff and eligible part-time staff The plan is a defined benefit pension plan which specifies the amount of the retirement benefit to be received by the employees based on the length of service and rates of pay OMERS has declared a temporary contribution holiday for all active employees and participating employers. This contribution holiday has caused the level of contributions for 1999 and 1998 to be less than normally required. Contributions made by the Authority to OMERS for 1999 were nil (1998 - $190,989). 9 - March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C35 TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Notes to Financial Statements (continued) Year ended December 31, 1999 8. Contingent liabilities and commitments: (a) Legal actions and claims' The Authority has received statements of claims as defendant under various legal actions resulting from its involvement in land purchases, fatalities, personal Injuries, and flooding on or adjacent to its properties The Authority maintains insurance coverage against such nsks and has notified its insurers of the legal actions and claims. It is not possible at this time to determine the outcome of these claims and therefore, no provision has been made in these financial statements (b) As part of some agreements entered into by the Authority, sites purchased are required to be remediated Any unpaid costs associated with these activities have not been reflected in these financial statements as any costs would be reimbursed through contributions as required under the agreements. (c) The Authority has completed transactions in order to acquire lands, the most significant of which is the Etobicoke Motel Stnp Waterfront Park Project, title to which has been obtained through expropriations. Funding for the Etobicoke Motel Strip Waterfront Park Project is committed by The City of Toronto and the Province of Ontano. No amount has been recorded in the financial statements for the outstanding commitments, pending the result of the compensation process. 9 Budget figures - 1999: The 1999 budget figures included in these financial statements are those adopted by the Authority on April 30, 1999 The budget figures are unaudited 10. Public Sector Salary Disclosure Act: In accordance with the Public Sector Salary Disclosure Act, the following is a disclosure of employees who have been paid an annual salary of $100,000 or more for the 1999 calendar year' J Craig Mather, Chief Administrative Officer and Secretary-Treasurer of the Authority, earned a salary of $112.636 plus taxable benefits of $507 10 C36 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 - -. - -- '. TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Schedule 1 - Expenditures and Revenue - Watershed Management and Health Monitoring Year ended December 31, 1999, with comparative figures for 1998 1999 1999 1998 Budget Actual Actual Expenditures. Watershed strategies $ 1,057,300 $ 874,754 $ 799,342 Resource inventory and environmental monitoring 872,100 1,040,597 905,703 Flood forecasting and warning 214,700 223,606 173,789 Flood control structures 110,700 113,628 105,773 2,254,800 2,252,585 1,984,607 Capital projects Dixie/Dundas Damage Centre - 968 - 2,254,800 2,253,553 1,984,607 Revenue: Municipal' Levies 1,246,800 1,247,768 950,900 Other 65,000 - - Government grants MNR transfer payments 532,800 562,613 553,228 Provincial - other 35,000 122,512 111,083 Federal 155,200 28,874 30,614 Authority generated, Resource monitoring fees - 284 8,187 Contract services - 100,876 166,048 The Conservation Foundation of Greater Toronto 100,000 55,955 73,390 Sundry 120,000 256,663 67,840 2,254,800 2,375,545 1,961,290 Surplus (deficit) prior to reserve allocations $ - $ 121,992 $ (23,317) March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C37 TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Schedule 2 - Expenditures and Revenue - Environmental Advisory Services Year ended December 31, 1999, with comparative figures for 1998 1999 1999 1998 Budget Actual Actual Expenditures: Municipal/public plan input and review $ 569,850 $ 662,486 $ 738,186 Development plan input and review 809,450 729,466 607,229 1,379,300 1,391,952 1,345,415 Revenue Municipal Levies 857,300 857,300 925,100 Government grants. MNR transfer payments 22,000 22,281 38,750 Provincial - other - 6,660 - Federal - 486 - Authority generated Regulation administration fees 500,000 397,744 395,799 Sundry - 300 - 1,379,300 1,284,771 1,359,649 Surplus (deficit) prior to reserve allocations $ - $ (107,181) $ 14,234 C38 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 '- - - TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Schedule 3 - Expenditures and Revenue - Watershed Stewardship Year ended December 31, 1999, with comparative figures for 1998 1999 1999 1998 Budget Actual Actual Expenditures Watershed Stewardship $ 1,339,600 $ 1,452,057 $ 1,434,787 Capital project: City of Toronto: Erosion control and slope stabilization project 1,682,000 1,481,753 1,632,921 Brickworks regeneration project 75,000 17, 169 147,984 Toronto Remedial Action Plan 1,143,000 1,180,299 1,101,005 Peel Natural Heritage project 400,000 171,125 - York Natural Heritage project 400,000 502,256 - 5,039,600 4,804,659 4,316,697 Revenue. Municipal Levies 2,984,150 2,612,532 2,189,802 Other 592,700 377,911 378,013 Government grants MNR transfer payments 30,750 - 49,697 Provincial - other 732,000 423,515 277,767 Federal 135,100 599,540 578,317 Authority generated Contract services 500,900 661,902 797,545 Interest (allocated to reserves) - 2,008 2,523 The Conservation Foundation of Greater Toronto 25,200 56,091 53,488 Donations and fundraising - 7,907 16,848 Sundry 38,800 268,037 144,700 5,039,600 ,5,009,443 4,488,700 Surplus prior to reserve allocations $ - $ 204,784 $ 172,003 March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C39 TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Schedule 4 - Expenditures and Revenue - Conservation Land Management, Development and Acquisition Year ended December 31, 1999, with comparative figures for 1998 1999 1999 1998 Budget Actual Actual Expenditures. Conservation land management: Property services $ 676,000 $ 721,723 $ 780,033 CA land management 595,400 618,015 600,878 Black Creek Pioneer Village infrastructure 875.000 867,224 891,814 Rental properties 747,700 681,671 777,415 2,894,100 2,888,633 3,050,140 Capital projects Niagara Escarpment land acquisition 650,000 851 - Greenspace acquisition 2,000,000 1,911,579 1,598,154 Rouge River Natural Areas Acquisition Project - 6,142,887 - Waterfront development 4,647,700 3,836,646 3,847,801 Port Union development 3,000,000 103,025 - Etobicoke Motel Strip waterfront project 2,200,000 512,371 1,192,286 Conservation area development 216,500 261 ,462 266,091 Black Creek Pioneer Village development 50,000 135,450 34,177 Conservation education development 15,500 26,135 29,591 Kortright Living Machine project 50,000 24,048 930,057 Arsenal Lands project 1,100,000 1,562,861 1,325,275 16,823,800 17,405,948 12,273,572 Revenue. Municipal: Levies 6,565,400 4,505,876 5,486,203 Other 985,300 2,403,492 1,426,326 Government grants: MNR transfer payments 150,000 119,410 142,582 Provincial - other 2,750,000 2,224,641 478.847 Federal 1,033,900 2,005,471 10,142 Authority generated Rental properties 1,315,000 1,262,431 1,343,534 Tipping fees 100,000 273,354 302,514 Interest (allocated to reserves) - 28,825 64,865 Proceeds from sale of properties 3,030,000 3,171,982 1,547,816 The Conservation Foundation of Greater Toronto 763,000 513,529 564,548 Donations and fundraising - 335,000 - Canada Post Corporation agreement 115,000 576,589 - -- Sales and property tax refunds - 526,560 - Other 75,000 111 ,124 228,841 16,882,600 18,058,284 11,596,218 Surplus (deficit) prior to reserve allocations $ 58,800 $ 652,336 $ (677,354) 14 C40 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 ...... b_ .... ....... -- ~ TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Schedule 5 - Expenditures and Revenue - Conservation and Education Programming Year ended December 31, 1999, with comparative figures for 1998 1999 1999 1998 Budget Actual Actual Expenditures. Conservation land programming" Conservation areas $ 2,825,500 $ 2,738,240 $ 2,721,830 Conservation/Heritage education programming" Black Creek Pioneer Village 3,541,900 3,558,942 3,198,465 Kortright Centre for Conservation 1,338,800 1,653,029 1,341,781 Conservation Field Centres 2,100,500 2,096,962 1,876,500 9,806,700 10,047,173 9,138,576 Revenue: Municipal levies 1,165,300 1,165,300 1,030,800 Other - 624 - Government grants Provincial - other 269,300 246,395 216,581 Federal - 13,870 12,175 Authority generated' Conservation areas 2,657,500 2,579,355 2,492,882 Black Creek Pioneer Village 2,745,300 2,805,691 2,418,396 Kortright Centre 869,400 798,613 695,044 Conservation Field Centres 1,891,500 1,841,679 1,809,208 Interest - - 6,995 The Conservation Foundation of Greater Toronto 194,400 79,910 86,440 Donations and fundraising, sponsorships 4,000 25,589 26,561 Sundry 10,000 10,119 51,753 9,806,700 9,567,145 8,846,835 Surplus (deficit) prior to reserve allocations $ - $ (480,028) $ (291,741 ) March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C41 TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Schedule 6 - Expenditures and Revenue - Corporate Services Year ended December 31,1999, with comparative figures for 1998 1999 1999 1998 Budget Actual Actual Expenditures Corporate management $ 566,800 $ 629,435 $ 586,414 Office services 535,500 523,787 516,049 Financial services 498,900 506,768 487,370 Human resources 249,400 224,457 228,363 Information technology 464,300 583,732 268,093 Corporate communications 341,500 286,721 292,132 Fundraising 269,900 170,133 217,940 2,926,300 2,925,033 2,596,361 Capital projects Administrative office 150,000 15,923 158,185 3,076,300 2,940,956 2,754,546 Revenue Municipal Levies 1,618,300 1,618,300 1,980,800 Government grants MNR transfer payments 72,000 72,666 124,206 Provincial - other - 2,815 - Federal - - 1,309 Authority generated Interest income - general 250,000 266,065 351,028 The Conservation Foundation of Greater Toronto 771,000 170,133 217,940 Donations - 507 - Sundry 15,000 51,563 14,661 2,726,300 2,182,049 2,689,944 Deficit prior to reserve allocations $ (350,000) $ (758,907) $ (64,602) C42 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 -'-.. ...--. ... TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Schedule 7 - Expenditures - Vehicle and Equipment Year ended December 31,1999, with comparative figures for 1998 1999 1999 1998 Budget Actual Actual Expenditures Operations Fuel, maintenance and repairs $ 257,300 $ 247,486 $ 245,568 Other overhead 31,500 28,881 33,383 288,800 276,367 278,951 Capital' Purchase of equipment and machinery 140,000 137,913 189,324 Purchase of vehicles 217,000 81,600 180,663 Proceeds on disposals or trade-in (117,500) (138,502) (73,168) 239,500 81,011 296.819 Net expenditures 528,300 357,378 575,770 Recovery of expenditures by charges based on usage (565,000) (574,307) (459,900) Surplus (deficit) reserve net change $ (36,700) $ (216,929) $ 115,870 ~ "of_.r" .__ March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C43 TORONTO AND REGION CONSERVATION AUTHORITY DRAFT Schedule 8 - Continuity of Reserves Year ended December 31, 1999, with comparative figures for 1998 Balance at Appropriations Balance at December 31, from (to) December 31 , 1999 Reserves 1998 deficit 1999 Vehicle and equipment $ 311,774 $ 216,929 $ 528,703 Food service equipment 28,281 17,207 45,488 Major office equipment 62,146 - 62,146 Recreation development and restoration 597,092 (198,017) 399,075 Major maintenance 241,833 (15,923) 225,910 Lakefill quality control 339,873 (194,653) 145,220 Funds held under provincial revenue- sharing policy (note 7) 310,381 71,134 381,515 Tree donation program 41 ,584 (1,198) 40,386 Special projects 121,523 14,604 136,127 $ 2,054,487 $ (89,917) $ 1,964,570 Balance at Appropriations Balance at December 31, from (to) December 31, 1998 Reserves 1997 deficit 1998 Vehicle and equipment $ 427,644 $ (115,870) $ 311,774 Food service equipment 39,760 (11,479) 28,281 Major office equipment 62,146 - 62,146 Recreation development and restoration 745,662 (148,570) 597,092 Major maintenance 241 ,833 - 241,833 Lakefill quality control 143,118 196,755 339,873 Funds held under provincial revenue- sharing policy (note 7) 764,154 (453,773) 310,381 Tree donation program 54,081 (12,497) 41,584 Special projects - 121,523 121,523 $ 2,478,398 $ (423,911) $ 2,054,487 C44 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 ~ SECTION II - ITEMS FOR EXECUTIVE ACTION RES.#C4/00 - PILOT PROJECT - BRUCE'S MILL GOLF DRIVING RANGE Bruce's Mill Conservation Area, Rouge River Watershed Authority staff is in receipt of a request from Impact Golf School to enter into a two year licence agreement for the purpose of operating the existing golf driving range, golf instruction and ancillary uses at the Bruce's Mill Conservation Area in the Town of Whitchurch-Stouffville, Regional Municipality of York, Rouge River Watershed, Moved by' Raymond Cho Seconded by' Christine Cooper THAT Authority staff be directed to commence negotiations with Impact Golf School regarding a possible two year licence agreement for the existing Bruce's Mill Golf Driving Range; AND FURTHER THAT a report be brought forward to the next meeting of the Finance & Business Development Advisory Board and the Executive Committee outlining the proposed terms and conditions associated with this licence agreement ............ . . . CARRIED BACKGROUND The Authority constructed and operates a 50 tee golf driving range at the Bruce's Mill Conservation Area, located in the Town of Whitchurch-Stouffville, Regional Municipality of York, The facility is located on the south side of Stouffville Sideroad, immediately east of the access road into the Bruce's Mill Conservation Area, and encompasses 8,1 hectares (20 acres) of land, more or less, as identified on the attached plan, During the past season the driving range was open to the general public and operated by the Authority In addition to this there were two individual agreements; one with the YMCA of Greater Toronto and the other with Impact Golf School The YMCA used the facility as part of their summer camp offerings, while Impact Golf School provided golf instruction to its local clientele. In renegotiating our agreement with Impact Golf School, they requested a two year licence agreement to operate the golf driving range in addition to offering golf instruction at this facility Authority staff has held preliminary meetings with representatives of Impact Golf School to discuss a possible pilot project which would allow for such an arrangement, and to discuss general terms and conditions which would apply to a possible two year licence agreement. Impact Golf Scho01 has been in operation several years and consists of three partners, They are extensively involved in the development and instruction of golf, and have worked with Authority staff in the marketing of the Bruce's Mill Golf Driving Range. Staff are of the opinion that further discussions with Impact Golf School regarding such an arrangement are warranted. A plan showing the location of the Bruce's Mill Golf Driving Range is attached March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C45 ...... - CONCLUSION Authority staff is seeking the direction of the Executive Committee to commence negotiations with Impact Golf School regarding a possible two year licence agreement for the existing Bruce's Mill Golf Driving Range. A further report will be brought forward to the next meeting of the Finance & Business Development Advisory Board and the Executive Committee detailing the progress being made and the general terms and conditions of any proposed licence agreement. Report prepared by. Luch Ognibene, extension 5284 For Information Contact: Brian Denney, extension 6000 Luch Ognibene, extension 5284 Date: March 2, 2000 Attachments(1 ) C46 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 ~.., - -..- .. Attachment 1 - I ro I ~ f' I of I !' ~ 1 JlI! dl J I II I f '1' 8 ~J" J l!lnl!~!Wh lU '- - '-'--~~'.... ~ Cl I ~'51 ~ ", - . - ClJ:: W z I'! I .- - '---.,._-.~, ~ s:Q) -~ ::J '- __ __-... 0: I en c ... v ~,~ I V 00: V. ,,~ ::16 -0: :!!Eaf ~~ Or: ::J 0 'a 1il . I C: Q) ~ :g , ~8 0= 0:'- 11.~ J- .0 oB ::!2 0. co II Iii 0: .t. ....-.--.) March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C47 SECTION IV - ITEMS FOR THE INFORMATION OF THE BOARD RES.#C5/00 - ACCOUNTS RECEIVABLE STATUS REPORT February 15, 2000 Staff report on accounts receivable, Moved by' David Barrow Seconded by' Peter Li Preti IT IS RECOMMENDED THAT the report on accounts receivable of the Authority, as of February 15, 2000, be received . . . .... . ..... . . . . . . . .. ............... CARRIED BACKGROUND At its meeting #3/91 the Board requested that for each of its meetings staff reports on the status of the Authority's receivables. ANALYSIS The schedule below summarizes the status of receivables, including aging and classification. The schedule excludes $5,095 in accumulated interest arrears on invoices outstanding for more than 30 days. ACCOUNTS RECEIVABLE AGING, BY CATEGORY (Excluding Municipal Levy and MNR Grant - As at February 15, 2000) 31 TO 61 TO 90 90 PLUS CURRENT 60 DAYS DAYS DAYS TOTAL % SCHOOLS AND SCHOOL BOARDS 81,967 17,564 13,747 22,223 135,501 134% GOVERNMENT 219,298 17,711 17,604 2,349 256,962 25.5% CORPORATE, INDIVIDUAL AND 472,863 58,061 66,083 18,380 615,387 611% COMMUNITY GROUPS TOTAL 774,128 93,336 97,434 42,952 1,007,850 100.0% % OF TOTAL 76.8% 9.3% 97% 4.3% 100.0% Items in excess of $1,000, included in the 90-plus-days column, are listed on the following page. With the exception of the amount due from Adit Design, are all deemed collectible. Total receivables at $1,007,850 are higher than the usual amounts reported to the Board. Included in this total is an amount of $433,197 due from Canada Post Corporation in connection with the remediation of the Arsenal Lands-and""$1 07,375 due from Wild Water Kingdom for 1999 taxes and water consumption Receivables balances, as reported on each of the previous reports to the Board, after 1996, are also presented on the following page C48 - FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 --n<, I DATE I Total I gO-Pius I $ $ Februarv 15/00 1,007,850 42,952 December 30/99 694,198 81,500 October 26/99 531,118 89,630 August 29/99 565,611 97,950 May 23/99 392,070 21,841 March 29/99 464,780 61 ,536 Februarv 24/99 342,696 55,726 August 25/98 368,404 118,340 May 24/98 319,384 20,946 November 4/97 462,630 13,507 August 25/97 309,242 11 ,420 May 25/97 390,806 79,682 April 27/97 569,509 143,588 Februarv 23/97 624,669 34,911 The list below itemizes accounts greater than $1,000 included in the 90 day plus category ARREARS AGE CLIENT NAME AMOUNT INTEREST (DAYS) $ $ Adit DesiClns Inc. 3,803.63 1,169.02 562 David Berto 1,103.63 50.40 93 T cronto District School Board 10,657.20 654.00 121 Toronto District School Board 4,440.50 202.84 100 Highland Food Service 2,287 14 104.47 93 Martingrove Collegiate 2,396.80 109.48 107 Polson Street Productions 1,284.00 99.23 170 Stephen G. Savwell PS -3,310.91 151.23 93 Town of Richmond Hill 2,000.00 n/a 219 Tree Canada Foundation 3,000.00 137.04 107 34,283.81 2,6n 71 Report prepared by: Rocco Sgambelluri, extension 5232 Date: February 23, 2000 -March 3. 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C49 RES.#C6/00 - FREEDOM OF INFORMATION REQUESTS 1999 Summary Provide a summary of requests received under the Municipal freedom of Information and Protection of Privacy Act. Moved by' Randy Barber Seconded by' Christine Cooper IT IS RECOMMENDED THAT the report dated February 21, 2000, on summary of requests under Freedom of Information legislation during 1999, be received. . . . . . . . . CARRIED BACKGROUND Each year, the Authority provides the Information and Privacy commissioner/Ontario with a report summarizing requests received under freedom of information legislation. This report summarizes the information for the Board RATIONALE In 1999, the Authority considered 11 requests, all for information of a general nature (as opposed to personal Information) In 7 cases, all or most information was disclosed One request was withdrawn. One request was fully exempted and one partially In one case, no record existed. There were no appeals of decisions by the Authority FINANCIAL DETAILS A total of $95.40 in fees was collected. In three cases, fees were waived because the amounts were minimal For information contact: Jim Dillane, extension 6292 Date: February 21, 2000 RES.#C7/00 - USE OF RIGHTS-OF-WAY FOR TELECOMMUNICATIONS PURPOSES Report outlines issues associated with the use of Authority owned lands for telecommunications rights-of-ways. Moved by' Ron Moeser Seconded by' David Barrow IT IS RECOMMENDED THAT the report dated February 24th, 2000, on Use of Rights-of-Way for Telecommunications Purposes, be received . . . . . . . . . . . . . . . CARRIED BACKGROUND Municipalities across Canada are dealing with issues related to rights-of-way for telecommunications purposes. Deregulation of the telecommunications industry by the CRTC has created competition for rights-of-way on municipal owned lands. Policies are needed to ensure fairness and equity in the granting of rights-of-way and to ensure that municipal costs are met and that the real value of these rights-of-way is recognized - C50 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 _ ><r Attached is a paper prepared by the Federation of Canadian Municipalities which summarizes the issues involved in use of municipal rights-of-way for telecommunications purposes, RATIONALE TRCA as a major land owner in the GT A needs to have policies which are consistent with the municipalities within whose jurisdiction its lands are located, This is necessary to ensure that private telecommunications companies are dealt with in a consistent and fair way Also, the Authority like the municipalities should ensure its costs are covered and that it shares in revenues from these rights-of-way in a manner consistent with municipal agreements. TRCA has granted no rights-of-way to telecommunications company at the present time, Bell Canada and others traditionally place their cables on municipal road allowances, Where such road allowances are granted to municipalities by the Authority(Le, for valley crossings or road widenings), they are usually done by transfer of ownership The TRCA has no residual rights, Staff is seeking copies of Municipal rights-of-way agreements which have been entered into or are being developed by municipalities in its watersheds, The City of Toronto Municipal Access Agreement is in hand. Vaughan is working on such an agreement and Markham has concluded one, Staff will use these agreements to draft a TRCA Rights-of-Way Agreement to be used as the basis for future negotiations with telecommunications companies and potentially, other private utility companies seeking rights-of-way on Authority owned lands. As always, environmental considerations will be the priority in considering use of Authority owned lands for such purposes, Where these environmental considerations and the Authority's Valley and Stream policies can be satisfied, the TRCA Rights-of-Way Agreement would be the template to protect the Authority's land and financial interests. DETAILS OF WORK TO BE DONE Staff will prepare a draft TRCA Rights-of-Way Agreement for consideration of the Board and for consultation with municipalities, For information contact: Jim Dillane, extension 6292 Date: February 24, 2000 Attachments (1) MaTch 3. 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C51 Attachment 1 OCCUPANCY AND USE OF MUNICIPAL RIGHTS-OF-WAY TELECOMMUNICATIONS: INTRODUCTION HISTORY AND LEGISLATIVE BACKGROUND The Federation of Canadian Municipalities (FCM) has designated municipal rights-of-way a priority issue for 1999-2000 Rights-of-way in rural and small communities are also an integral part of the rural focus priority for 1999-2000 Historically, telephone companies operated in Canada on a monopoly basis and were most often treated by regulators as public utilities Consistent with this treatment, telephone companies were usually allowed to place their plant on municipal rights-of-way (i e , highways, streets, bridges, lanes) and other public lands at no charge or below cost to municipal governments Since the Canadian Radio-television and Telecommunications Commission (CRTC) took over the regulation of telecommunications in 1976, it has been gradually introducing competition in various markets for the provision of telecommunications services A very significant step in thiS process was the introduction of competition in long distance services in 1992 In 1993, the new Telecommunications-Act came into force One of the policy objectives of that legislation is "to foster increased reliance on market forces for the proviSion of telecommunications services and to ensure that regulation where required, is efficient and effective" In pursuit of this obJective, the Commission has also recently introduced competition in the provision of local telecommunications services The Federation of Canadian Municipalities C52 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 1. THE EFFECT OF TELECOMMUNICATIONS COMPETITION ON MUNICIPAL GOVERNMENTS With the increase in competition, many new providers of telecommunications services (e.g., telephone, Internet, etc.) and bro~dcasting services (e g., cable television) are now also seeking access to municipal rights-of-way This increased demand is placing a significant strain on municipal governments as they cope with a number of associated issues including 8rising administrative costs 9increased traffic disruption 10an acceleration in the rate of pavement degradation 11 increased exposure to liability 12a reduction in useable rights-of-way space for other essential services, such as water, sewer, gas, power, district heating and district cooling 13the need for recovery of full compensation by municipal governments, including not only all out-of-pocket costs associated with the use of rights-of-way, but also the value of the corresponding land 2. THE FCM POLICY RESPONSE FCM recognizes that Canadian communities benefit significantly from the services provided by both incumbent and new providers of telecommunications and broadcasting services, and it is not the objective of municipal governments to discourage or limit the availability or modernization of such infrastructure However, municipal governments must manage the occupancy and use of rights-of-way under their jurisdiction in a manner that recognizes and balances the interests of telecommunications service providers and broadcasting undertakings with the interests of taxpayers and all other parties using rights- of-way to provide essential services to taxpayers. In addition, if competition in the provision of telecommunications and broadcasting services is to be truly competitive, then all competitors must fully recognize and bear all costs of providing service, including the right- of-way costs incurred by municipalities, and such competitors must not be subsidized by municipal taxpayers In order to address these concerns, FCM struck a national technical sub-committee in 1994 with representatives from municipal governments across Canada to address the potential impact on its members of increased competition in the provision of telecommunications and broadcasting services. This subcommittee has met with a number of industry participants and government representatives in order to exchange views and explore various means of addressing both municipal and carrier concerns The Federation of Canadian Municipalities March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C53 3. THE FCM RIGHTS-OF-WAY PRINCIPLES In the course of examining rights-of-way issues, FCM has articulated and refined five principles, which it believes should guide the relationships between municipal governments and telecommunications service providers/broadcasting undertakings occupying and using municipal rights-of-way These principles should be applied in a consistent manner while having some flexibility to accommodate local municipal requirements and are as follows 3.1 Management of Rights-of-Way Principle No.1: In pursuance of bona fide municipal purposes, municipal governments must have the ability to manage the occupancy and uses of rights-of- way, including the establishment of the number, type and location of telecommunications and broadcasting facilities, while taking into account applicable technical constraints. Commentary: Telecommunications and broadcasting infrastructure are only two classes of infrastructure that have to share the use of municipal rights-of-way Other essential uses include water, sewer, gas, power, distnct heating, district cooling and roads Municipal governments as the parties having jurisdiction over municipal rights-af-way have a statutory duty to ensure that all of these uses are managed effectively so that they can be accommodated to the extent required by the public. 3.2 Cost Recovery Principle No.2: Municipal governments must recover all costs associated with occupancy and use of rights-of-way by telecommunications service providers and broadcasting undertakings Commentary: Municipalities incur a wide range of costs due to the occupancy and use of rights-of-way by competitive telecommunications service providers and broadcasting undertakings These costs fall into a number of categories, including administration, lost productivity, degradation, overhead, disruption and opportunity cost. For example, administrative costs include the costs of co-ordinating and accommodating various rights-of way uses and maintaining records of such uses An example of a lost productivity cost is that incurred when a municipality has to work around underground telecommunications Infrastructure to repair or rebuild roads and to service sewer or water pipes that must necessarily be buried below the telecommunications facilities Overhead includes the cost of common municipal resources, such as finance, transportation, legal and personnel that are necessarily employed in the rights-of-way management process The Federation of Canadian Municipalities -C54 - FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 --... An example of a degradation cost is the cost of pavement degradation (Le , shortened life) that results from pavement cuts required in the course of occupancy and use of rights-of- way Disruption costs include the disruption to municipal transit systems and the traffic diversion costs incurred by municipal governments during the course of rights-of-way works. Opportunity cost examples include lost revenues from other municipal properties, e g., parking revenues when roads are closed for construction, and the opportunity cost associated with the actual use and occupation of right-of-way lands. In a competitive environment for the provision of telecommunications and broadcasting services, these costs must be explicitly recognized and borne by the parties causing them, namely the carriers, and not by municipal taxpayers 3.3 Costs Principle No.3. Municipal governments must not be responsible for the costs of relocating telecommunications and broadcasting facilities if relocation is required for bona fide municipal purposes. Commentary: From time-to-time, a municipal government may require the reconstruction of municipal roads, bridges or other infrastructure. In such circumstances, the municipal government should not have to bear the cost associated with any necessary relocation of telecommunications or broadcasting facilities. A caveat on the application of this principle is that the municipal government must act reasonably in co-ordinating the uses of rights-of-way in a manner that does not cause unnecessary or premature disruptions to telecommunications and broadcasting plant. 3.4 Liability Principle No.4: Municipal governments must not be liable for losses associated with the disruption of telecommunications or broadcasting services or with damage to the property of telecommunications service providers or broadcasting undertakings as a result of usual municipal activities or the activities of other parties. Commentary: Municipal governments accept the role of co-ordinators and managers of right-of-way space However, they cannot be responsible for all actions that occur on these public lands FCM believes municipal governments should not pay for damages resulting from the disruption of telecommunication or broadcasting services or damage to physical infrastructure as a result of usual activities of that municipality or the activities of other parties The Federation of Canadian Municipalities March 3, 2000 ._- FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C55 3.5 Full Compensation Principle No.5: Recognizing that rights-of-way have value, municipal governments must receive full compensation for the occupancy and use of municipal rights-of- way by telecommunications service providers and broadcasting undertakings. Commentary: A user pay approach is an essential component of the government's policy of promoting competition in the provision of telecommunications and broadcasting services In order to facilitate an equitable competitive environment, all carriers must recognize and pay for the full value of the rights-of-way that they occupy and use Full compensation involves not only the recovery of out of pocket costs, but also includes the value of the occupancy and use of right-of-way lands to telecommunications service providers and broadcasting undertakings Some telecommunications companies argue that their payment of property tax to a municipal government (as well as gross receipt, linear, or other such taxes in some jurisdictions) bestows the privilege of using municipal rights-of-way The payment of provincial or municipal taxes does not confer real property rights, any more than a business renting office space in a municipal building could avoid paying rent as a result of being subject to an obligation to pay municipal taxes FCM believes that carriers should compensate municipal governments fully for the use of rights-of-way for the benefit of local taxpayers 4. CONCLUSION FCM encourages municipal governments to adopt the five principles in their dealings with telecommunications service providers and broadcasting undertakings The principles can be applied in a flexible manner consistent with local requirements, and should be used as the baSIS for agreements in which municipal governments grant these carriers consent to occupy and use municipal nghts-of-way Revised August 1999 Approved September 1999 Standing Committee on National Transportation and Communications and FCM National Board of Directors C56 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 0 -~- RES.#C8/00 - YEAR 2000 STRATEGIC BUSINESS PLAN FOR THE CONSERVATION FOUNDATION Receipt of the Conservation Foundation's Year 2000 Strategic Business Plan, Moved by' David Barrow Seconded by' Dick O'Brien IT IS RECOMMENDED THAT the the attached Year 2000 Strategic Business Plan for the Conservation Foundation be received ................................... CARRIED For information contact: Tim Feher, extension 6291 Date: February 1, 2000 Attachments (1) March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C57 Attachment 1 CONSERVATION FOUNDATION Year 2000 Strategic Business Plan Strategic Summary . Build a new revenue base to assist TRCA with "operational" funding for its environmental initiatives . Research and cultivate relationships with new donors . Develop direct personal relationships with senior corporate leaders and individual prospects for major gifts . Develop a comprehensive customer service and loyalty program to build a Foundation membership program . Improve our case for support through product definition and packaging of TRCA environmental work . Improve our Foundation product and promise of performance through strategic planning, innovation and coordinated accountability with TRCA and its business units . Improve our fund raising methodologies and their yields through customized and focussed campaigns and programs designed exclusively for selected target markets C58 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 \''';..~ -- Our Program. Campaign A Conservation Journeys Membership' Targets 1) public (outdoor enthusiasts and concerned nature lovers) 2) nature/outdoor/green retailers and their customers Present Strategy 1) Solicit Foundation/TRCA database by direct mail and telephone. 2) Solicit retail sponsors for in-store promotion. 3) Promote at Conservation Areas. 4) Promote through municipal recreation and tourism departments and facilities, 5) Promote through outdoor and nature organizations, Growth Strategy 1) Build the value of the membership, particularly the Passport to Conservation Areas, reciprocal agreements with other attractions destinations, and a member discount card program 2) Develop a compelling annual environmental solicitation appeal for members. Proposed appeal in fall of 2000 will be protection of the Oak Ridges Moraine, 3) Integrate and manage a province-wide application of the program to include all Conservation Authorities. Proposed Phase I launch in June 2000 4) Engage consultants to assist with market positioning of the provincial Conservation Journeys product. 2000 Revenue Goal $100,000 March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C59 ~ 2000 Expense Budget a) Staffing 1 5 FTE for CJ Coordination (charged to Foundation staffing) . o 5 - Brian Byrnes for provincial Conservation Authorities integration . o 5 - Mark King for retail program promotion . o 5 - Louise Goldhar for member service delivery and coordination b) Print Materials (charged to Foundation) Member renewal packages and solicitation mailings $10,000 c) Print Materials (charged to TRCA) Nature Trail Books $10,000 Environmental Reporter (4 issues) $8500 Nature Experience Newsletter (4 issues) $5000 Retail Solicitation Materials $22,000 Retail Display Units $15,000 ceo FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 - - - -- Campaign B The Living City Targets 1} Corporations 2} Foundations 3} Government 4} Individual major gifts Present Strategy 1} Recruit and develop corporate cabinet of "door openers" 2} Refine and enhance the product (develop detailed programs and budgets for each of the six Living City program components) 3) Research and solicit top prospects with whom we have contacts and some influence 4} Customize the product pitch and recognition program for each donor 5} Confirm three year pledges, 6} Work with TRCA on the development of a 3 year business plan that supports the Living City promises 7} Introduce and entrench the Foundation Living City brand in the Greater Toronto Area with all partners that would be involved in TRCA delivery Growth Strategy 1} Confirm Living City Product and promises beyond 3 years, 2} Build the value of the donor recognition program 2000 Revenue Goal $750,000 March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C61 2000 Expense Budget a) Staffing 2.0 FTE . o 5 Brian Byrnes (integration with TRCA business planning) . 1 0 Louise Gervais (coordination of corporate solicitation campaign) . o 5 Louise Goldhar (coordination of donor research and grant application to foundations) b) Print Materials Case for Support $4500 Presentations $600 Recognition Program (to be budgeted for 2001 ) C62 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 "''' Campaign C Charles Sauriol Trust Fund Present Strategy 1) A strategic review of focus and program options is presently underway for the Charles Sauriol Trust Fund A plan for the Fund and the Committee will be presented to the Board in the near future. 2) The Charles Sauriol Dinner Committee will develop a business plan for the 2000 Dinner and present it to the Board later in the year 2000 Revenue Goal Net revenue for the dinner has been projected in the Foundation budget at $80,000, March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C63 Campaign D Trees for Life Targets 1) Funeral Homes 2) Wedding Planners 3) Event Planners 4) Targeted advertising Present Strategy 1) Reassess and redesign the present program 2) Develop a cost effective method for servicing contributors to the program 3) Increase both price and prestige value of tree planting program 4) Develop a new Donor Forest recognition program designed to recognize contributors for an existing protected forest (proposed development of the Foster Woods site in Kleinburg for this function) 5) To work in partnership with TRCA planting and protection initiatives to develop a coordinated and efficient program Revenue and Expense Budget To be presented at the Foundation Board later in the year C64 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 March 3, 2000 -' Campaign E Baker Sugar Bush Restoration Campaign Targets 1) Vaughan businesses 2) Influential Vaughan residents 3) Service Clubs and Heritage Societies in Maple, Richmond Hill and Vaughan Present Strategy 1) A small targeted campaign. 2) Seek campaign leadership from Frances and Ruth Redelmeier and Baker family 2000 Revenue Goal $80,000 2000 Expense Budget Mailings, $200 Donor Recognition Signage' $2500 March 3, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #1/00 C65 TERMINATION ON MOTION, the meeting terminated at 9'58 a.m , on March 3, 2000 Ron Moeser Craig Mather Chair Secretary Treasurer Iks ~ , THE TORONTO AND REGION CONSERVATION AUTHORITY MEETING OF THE FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #2/00 April 7, 2000 Page C66 The Finance and Business Development Advisory Board Meeting #2/00, was held in the Humber Room, Head Office, on Friday, April 7, 2000, The Chair, Ron Moeser, called the meeting to order at 11'09am PRESENT Randy Barber Member Raymond Cho Member Christine Cooper Vice Chair Ron Moeser Chair Dick O'Brien Chair, Authority JlEGRETS David Barrow Member Joan King Member Peter Li Preti Member Paul Palleschi Member Maja Prentice Member RES.#C9/00 - MINUTES Moved by' Randy Barber Seconded by' Raymond Cho THAT the Minutes of Meeting #1/00, held on March 3, 2000, be approved ...... CARRIED PRESENTATION (a) A presentation by Jim Dillane, Director, Finance and Business Development on the 2000 Budget. RES.#C10/00 - --'-PRESENTATlON Moved by' Christine Cooper Seconded by Dick O'Brien THAT above-noted presentation (a) be heard and received . . . . CARRIED C67 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #2/00 April 7, 2000 SECTION I - ITEMS FOR AUTHORITY ACTION RES.#C11/00 - UCENCE AGREEMENT - DEVINE (FAIRY TALE) PRODUCllONS LIMITED Claremont Conservation Area, Duffins Creek Watershed, CFN 29696. Transfer of the existing licence agreement for filming at the Authority's Claremont Conservation Area in the Town of Pickering, Regional Municipality of Durham, from Little Men Films Incorporated to Devine (Fairy Tale) Productions Umited for the purpose of filming a series based on the Brothers Grimm Fairy Tales. Moved by Dick O'Brien Seconded by' Christine Cooper THE BOARD RECOMMENDS TO THE AUTHORITY THAT the proposal for the transfer of the existing Little Men Films Incorporated Licence Agreement to Devine (Fairy Tale) Productions Limited be approved, AND FURTHER THAT the appropriate Authority officials be authorized and directed to take whatever action necessary to finalise the licence agreement between Devine (Fairy Tale) Entertainment and the TRCA, and give effect thereto, including the obtaining of any approvals and execution of documents . . . . . . . . . . . . . . . CARRIED BACKGROUND In July of 1998, Authority staff were approached by Alliance Productions Incorporated with a proposal to use a portion of the Authority's Claremont Conservation Area for the purpose of filming a new television series entitled "Uttle Men" The proposal entailed the construction of two temporary film sets designed to be quickly erected and torn down on the completion of filming. The original licence agreement with Alliance Productions ended on February 28, 1999, and the series was taken over by the Coscient Group who renewed the licence agreement from March 1, 1999 to December 31, 1999 Since then, the agreement has been extended to May 31, 2000 on the understanding that the filming and production of the Little Men Series has ended and will not continue further after thiS date As an alternate to removing the sets and dismantling the site, Authority staff were approached by Devine Entertainment, a fully integrated Canadian developer and producer of high quality award- winning family films with a proposal to take over the sets and the existing licence agreement for the purpose of filming a series entitled "The Grimm Brothers Tales" The episodes will follow the adventures and escapades of the two brothers as they encounter the ups and downs of day-to-day life in their charming old world village in the year 1812. Devine Entertainment is a Canadian developer and producer of children's and family television entertainment programs which have been aired on HBO, PBS, the Family Channel, and YTV The company has won numerous awards including three Emmy Awards and a Gemini Award April 7, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #2/00 cae Devine Entertainment would like to enter into a licence agreement with the Authority for the use of the film set at Claremont commencing May 1, 2000 for an initial one year term, with the option for two additional one year1erms. The general terms and conditions of our original licence agreement with UttIe Men Films Incorporated would be maintained, and Devine Entertainment would replace the $100,000 letter of credit previously provided by Little Men Films Incorporated as a security towards 1he ultimate restoration of the site to its original condition. A plan showing the area subject to the licence agreement is attached (Attachment 1) RATIONALE The existing film set at Claremont has been under licence agreement since July, 1998, The overall working relationship between the Authority and the various parties which have licensed the premises have worked out well, with few complaints being received with respect to the operations. Under the terms of the existing agreement, if the Authority was not to enter into this new arrangement with Devine (Fairy Tales) Productions Limited the site would be restored to its original condition This opportunity affords the Authority the option to extend the use of the site for up to an additional three years, with the same provision that the site be restored at the end of the term The general terms and conditions of the initial licence agreement would be maintained in the new licence agreement with Devine (Fairy Tales) Productions Limited. The majority of the filming on-site would take place during the spring and summer months, although Devine may choose to use the site during other times of the year Authority staff has consulted with the City of Pickering regarding this matter, and have been advised that they support the granting of a licence agreement to Devine (Fairy Tales) Productions Limited (Attachment 2) The conditions stipulated by the City of Pickering are agreeable to Devine (Fairy Tales) Productions Limited, and will be incorporated into the licence agreement. As previously noted, the licence agreement would commence on May 1, 2000 for a one year period. Additionally, Devine (Fairy Tales) Productions Limited has the right to extend the term of the agreement for two (2) consecutive one year periods beyond April 30, 2001 TAXES AND MAINTENANCE The proposed licence agreement with Devine (Fairy Tale) Productions Limited provides for a proportionate share of the realty taxes and maintenance costs to be paid by the licensee Additionally, Devine (Fairy Tale) Productions Limited will provide a $100,000 letter of credit as security towards the restoration of the site once the licence agreement has terminated Should they fail to return the site to its original condition, the Authority would be able to draw on this $100,000 letter of credit to have the site restored, COO FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #2/00 April 7, 2000 FINANCIAL DETAILS The licence agreement with Devine (Fairy Tales) Productions Limited will generate $7,700/month ($92,400 annually) in revenues for the Authority during the initial term If they choose to exercise their right to extend the term of the agreement for two (2) consecutive one year periods beyond the initial term, the rent will increase 5% each year under the same terms and conditions of the agreement. Report Prepared By: Luch Ognibene, extension 5284 Date: March 28, 2000 Attachments (2) .. April 7, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #2/00 C70 Attachment 1 RE: LICENCE AGREEMENT - DEVINE (FAIRY TALE) PRODUCTIONS LIMITED , Claremont Conservation Area, Duffins Creek Watershed CFN 29696 --... . ~ R83. MUNIC. OF DURHAM {jl . . fiLM SET err(OF PICKERING ~ , ~ REll. ~ II' :.I AGR ENTRANCE CLAREMONT · ... ,oo .... >tha1Dra'1lDandreglcn ...... . CCJ'1SllMlllon authority .., l I T.R.C.A..LANDS f~:~~:::::::~::~~:l SUBJECT PROPERT' ~ C71 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #2/00 April 7, 2000 Attachment 2 .f!' of P/~ .;; ATTACHMENT 2 . The Corporation of the City "Of Pickering OFFICE OF THE MAYOR March 7, 2000 ECEJVED fv1r Don J Prillce, Manager MAR 8 2000 Toronto & Region Conservation Authority PRon~'r'\'" !"\":'!~!ON 5 Shoreham Drive Downsview, Ontario iVI. r R. C, A. M3N 1 S4 Dear Don, On behalf of the Corporation of the City of Pickering, please be advised that we support the proposed transfer of the License Agreement between the Toronto and Region Conservation Authority and Little Men Films Incorporated to Devine Entertainment. The City's endorsement is conditional on the requirement that Clause 21 of the 'License Agreement dealing with roads maintenance, remain in full force and e1!ect, with no change to the wording of-that clause. We further request an acknowledgement of the City of Pickering on the film credits for the Devine Entertainment productions. Yours truly, ~~ Wayne Arthur$, B.A, B.Ed, Mayor City of Pickering cc: Members of Council Thomas Quinn, CAO - Neil Carroll, Director, Planning & Development E. Buntsma, Director, Operations & Emergency Services Tim Moore ... Department (905) 420-4600 Fax (905) 420-6064 B-mail maym:@city.pickering.on.ca Pickering Civic Complex, One the Esplanade, Pickering, Ontario, Canada Ll V 6K7 DirectAccess _ ~90~) 420-4660 April 7, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #2/00 C72 RES.#C12/00 - 2000 BUDGET Operating and Capital. This report recommends the 2000 Budget, Operating and Capital Moved by' Raymond Cho Seconded by' Christine Cooper THE BOARD RECOMMENDS TO THE AUTHORITY THAT, subject to final approval by the participating municipalities of the apportioned levy amounts, the 2000 Operating and Capital Budget, and all projects therein, be adopted; AND WHEREAS the Conservation Authorities Act provides that an Authority shall have the power to detennine the portion of total benefit afforded to all participating municipalities that is afforded to each of them in establishing the annual levy, the Toronto and Region Conservation Authority resolves as follows, subject to such regulations under the Act as may be approved by the Lieutenant- Governor-in-Council: (I) That all participating municipalities be designated as benefiting for all projects included in the 2000 Operating Budget; (ii) That the Authority's share of the cost of the programs included in the 2000 Operating Budget shall be raised from all participating municipalities as part of the General Levy; (iii) That the 2000 General Levy be apportioned to the participating municipalities in the proportion that the equalized assessment of the whole is under the jurisdiction of the Authority, unless otherwise provided in the levy or a project and as adjusted to meet the individual funding requirements of the participating municipalities; (iv) That the appropriate Authority officials be directed to advise the participating municipalities pursuant to the Conservation Authorities Act and the regulations made thereunder; to levy the said municipalities the amount of the General Levy set forth in the 2000 Operating Budget, and to levy the said municipalities the amount of the Capital Levy set forth in the 2000 Capital Budget and in the approved projects of the Authority; THAT staff be authorized to amend the 2000 Operating and Capital Budget to reflect 2000 provincial grant allocations in order to determine the amount of matching levy governed by regulation, THAT except where statutory or regulatory requirements provide otherwise, staff be authorized to enter into agreements with private sector or government agencies for the undertaking of projects which are of benefit to the Authority and funded by a sponsor; AND FURTHER THAT, as required by Ontario Regulations 139/96 and 231/97, this recommendation and the accompanying budget document, including the schedule of matching and non-matching levies, be approved by recorded vote ................. . CARRIED C73 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #2/00 April 7, 2000 BACKGROUND Approval of the Operating and Capital Budgets each year is part of the Authority's financial management and business planning process. Members will recall that the Authority produced its first multi-year business plan in 1996 for the years 1997 to 1999. This document has served as a guide for programs and projects of the Authority through the end of the 1999 fiscal year In the year 2000, the Authority has begun a new business plan for 2000 to 2002. The process to create the new business plan is underway and the new business plan should be available in June The 2000 Operating and Capital Budget is attached. On April 7th, staff will present additional detail explaining the major changes to projects and programs in 2000 Because the Business Plan 2000 - 2002 is underway and will be available in June, staff has not attached any narrative to the budget document. Municipal Approval Status As the Members are aware, staff prepare preliminary estimates in October for submission to the Authority's municipal funding partners. Staff meet with municipal staff as required by the budget processes followed by each municipality Presentations are made to the Committees and Councils of the funding partners. The following summarizes the status of these discussions and submissions as of March 31, 2000 City of Toronto The capital budget levy as reported in the Authority's budget has been approved by City Council. The operating budget levy for the City has been approved by the Budget Advisory Committee of the CIty The recommended levy is based on the 1999 levy flatlined plus $150,000 from a corporate fund to assist in annuallzation of 1999 salary and benefit increases. This is reflected in the attached budget. City Council is expected to approve the budget later in April Regional Municipality of Peel The capital and operating levy included in the Authority Budget has been approved by Regional Council. Regional Municipality of York The capital and operating levy included in the Authority Budget has been approved by Regional Council. Regional Municipality of Durham The Authority has submitted to Durham Region's Finance and Administration Committee the proposed capital and operating levy as identified in the attached budget. In discussion with the Committee and staff of the Region, there are issues as to how much of the capital will be approved Durham's Finance and Administration Committee will be considering the five Conservation Authority budget requests In early April for submission to Council later in the month April 7, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #2/00 C74 Town of Mono and Township of Adjala-Tosorontio The Town and Township have been advised of the Authority's levy request, In the past, these municipalities have not requested meetings with the Authority concerning the levy Provincial Legislation By regulation, the TRCA has provided 30 days written notice to its member municipalities of the date of the meeting at which the Authority will approve the municipal levy At the April 28th Authority meeting, a recorded vote on the budget recommendation including the non-matching municipal levy is required The weighted voting procedure prescribed by regulation will be used, Summary It is anticipated that by April 28th, when the Authority considers the 2000 Budget, all necessary municipal approvals will be in place The Provincial funding which is matched with levy has not been confirmed but is unlikely to change in any material way For I nformation Contact: Rocco Sgambelluri, extension 5232 Ralph Kofler, extension 5274 Jim Dillane, extension 6292 Date: April 4th, 2000 Attachments (1) C75 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #2/00 April 7, 2000 Attachment 1 I- W C) ~ C 0 .i: ::JI- :>,0 ....0 0 'i: N m<( o ~ .c .cCO .... ....N ::s ..J~ :I_ e.( 'i: <C <(~ Gl c.. .ce.( C .... ~ 0 I::e 00 ....0 .- ]~ .... a.LJ.. ca ~Cl c: <(z E .: Q) 0<( .alii f/) :I Gl CIl:;E c C..J :t'tU 0 () zc.. c:: <(Uj 0 C)Uj .- Cl (1) ZW a: _Z "C 1-- c ~~ <C 0 Wm ..... c:: a.Z 0 l- e- 0 l- e e ~~ e N Page 1 on TORONTO AND REGION CONSERVA TION AUTHORITY )> 2000 OPERA TlNG AND CAPITAL ESTlMA TES IN BUSINESS PLAN FORMA T .... _-..J OPERATING I\) 1999 Budget 2000 Budget 1999 Actual 8 BUSINESS COMPONENTS Gross Program other Net: Levy! Gross Program Other Net: Levyl 00/99 Gross Program Other Ner: Levy! 0 & ACTMTIES f::noend1tuTII Revenue Sowces Gr.IIJt ExnendItures Revenue Sources Grant Net Channe f::noendltu Revenue Soun:es Grant $ $ $ $ $ $ $ S S $ $ $ $ WA TERSHED HEALTH WAn=RS'......., ..""uG 1) Watershed Strategies 1.057,300 375.200 6112.100 1,208,100 545,000 663,100 (19.000 874.754 43.291 204,981 828~ ::!! 2) Resource Monitoring 872,100 100.000 m,loo 1,054,400 229,900 824,500 52,400 95Il.048 213,656 2,380 742.012 Z 3) Education: )> a) Conservation Field. Centres- 2.1 DO.5OlI 1,420,llOO 560.900 118.llOO 2,232,200 1,382,300 658,100 191,800 73,000 Z 2.101,240 1.412.786 529,381 159.073 0 b) Kortright Centre 1,338,800 _,400 lB.ooo 453._ 1,458,100 858,200 66,000 533,900 80,500 1.452.431 811,297 29,02& BI2.107 m 4) Road Warning 214 700 214 700 234.500 1000 233 500 18800 100621 19B,621 )> 5,5&3,400 2,290.200 1,ll52.100 2,241.100 6187300 2.241.500 1 499 000 2.446 800 205 700 5,583._ 2.481,030 765,748 2,336,315 Z ....,~,- 0 5) Advisory f Technical Clearance 5&9.850 269.aso 691,000 250,000 75,000 366,000 96,150 Ql 3OO.1IllO 675.095 11l2.818 3,573 488.704 C b) PermitllnglCompllance Monltorlng BO!I45O 2lIO.1IllO Sll!l.450 914..100 248.000 75 000 691 100 118350 734,601 219.868 3~ 511= !Q 1.379.300 500.1IllO 879,3Oll 1.605100 498 000 160 000 957100 77 800 1.40975& 402.GM 7148 999.ll2S Z REGENERAll0N m en 6) Project Design & Implemenlalion 1-339~600 5OOJlOO 411.600 427 100 1.377.900 535 800 408 1 00 434 000 6900 1490 B9ll 768,994 506 80B 218897 en 1,339 600 500,900 411,600 427,100 1.377 900 535 800 408100 434 000 6900 1 490 B9ll 768,994 508,8OB 218897 0 MAPdAG C ASSETS m 7) land Management < m a) Property Services 676.000 75,000 601.1IllO 664,900 1,000 663,900 62,900 nl.ro 113,717 175,180 432,827 r 0 b) CA land Management 595,400 595.400 578,050 578,050 (17,350 831.735 10,504 821,231 .." 8) Water Management Structures 110.700 110.700 110,700 110,700 114.152 114,152 s: 9) BCPV Infrastructure 875.000 875.000 875,000 875,000 Mjf ,224 (0) 11,718 855,5OB m 10) Business. Development 7Q.700 1,315.000 I<I<7'Vl11 1 24UOO 1 903 800 5000 1663 900 196.600 681 671 1,291- 10000 (619585 Z -I 3,004,800 1,315.000 75,000 lP14.Bllll 3 473 550 1,904800 5000 1 563 750 151 050 3.018,507 1,404.973 2117400 1.404133 )> WATERSHED EXPERIENCE ~ 11) Recreation Programs 2.825,500 US7 ,500 0 168.000 2,695,150 2,582,900 16,500 95,750 (72.260 2,8lI7 ,2SII 2,,51Il,355 18,211 211.692 en 12) BCPV Programs 3,541,9llO 2.745,300 371,500 425.100 3,692,300 2,930,500 247.500 614,300 89,200 3.n4.1B9 2,828,715 213,67B 881.778 0 b) Marketing & Development Iniatives 501100 '""11'" 391 100 /391 100 110000 (0) 0 ::D B,3B7 ,400 5.4l12.llllO an,soo 92.001I 6387-450 5..904 500 264 000 218,960 126950 8,531.427 5.4llll,069 229,887 893.470 -< 13) Vehicle &.Equipment (Net) "",7rYI\ 0 138.7001 0 209 400 209400 0 --,;:u 1 "" o /234.138) m Ql 0 141 CO St:DtnCES )> ::D a) Management Services 411I,500 4OB,500 414,500 414,500 8.000 437,213 15,706 (6,829) 42B,138 0 b) Corporate Secretarial 160,300 160,300 177,000 177,000 16,700 192,222 192,222 ~ c) Development Office 2&9.900 269,900 375,500 375.500 739.797 739.7!17 d) Communications 341.soo 341.soo 360,800 360,800 19,300 288.721 2.815 283,908 e) Human Resources f Safety 249._ 249._ 255,400 255,400 6,000 224,457 19,337 205,120 I) OfficaSarvlces- 535.soo 535.soo 571,800 571,800 36.300 SOB,7OB 9as 5lI7.721 g) Information Technology 4B4,3Oll Z15,ODO~ 249,3Ol1 317,300 5,000 75,000 237,300 (~~OOO 583.732 16.1142 316.993 25lI.697 h) Financial Servlces- 498,900 250.000 248~ 513-300 250 000 263.300 1 l400 506.788 266.llB5 240,703 2,ll2l1,300 250,000 484.900 2-191,400 2 985,600 265 000 450.500 2.280 1 00 88 700 2,979,618 318,135 552,978 2.10B,50B Corporate SelVices: % ofT olal Budget 7_ 146% 8.2% 15.3'" 7.7" 16.4" OPERATING TOTAL 20__~ 100 10258.!lOO U59.5Ol1 74457l1O 22 226 300 11.339 600 2 '186 000 7 900 700 455 000 20 77B"61 10781 ess 2 035 528 7.959.247 MNR Transfer Payment 626,800 845,500 218,700 S57 ,560 Rouge Park Levy 353,600 269,728 83,872 83,872 Q MunlclDal Law R 818 900 7 055200 236 300 8,818,714 CD oneratinn DeficitJ ISurDlusl 0 10 482.973 0 ::::t Page 2 TORONTO AND REGION CONSERVA TION AUTHORITY 2000 OPERA TING AND CAPITAL ESTlMA TES IN BUSINESS PLAN FORMA T CAPITAL 1999 Budget 2000 Budget 1999 Actual BUSINESS COMPONENTS Gnoss Prvgrom Olller Nor: Lrlyl Gross Program Other Net: Levyl 00199 Grass Pn>grom 0tII0r Ner: Lrlyl & ACTMTIES &pendItl11es Rew_ SlXlI'Ca QlW7f 8mendltures Revenue Sources Grant Net Change ~- Soun:os GlW7f ::!J S s S s $ $ $ $ $ s s s s Z WAT"'RSU.,......' ^"'''Mn )> Z 0 1) Watershed Strategies ( Waterfront) n,600 n.600 88,300 88,300 10,701 90,959 500 90,459 m )> 2) Resource Monitoring (Waterfront) 125,000 125,000 Z 121.200 121,200 3,800 121,556 121.556 0 OJ REGENERATION C 6) Regeneration Capital Projects ~ Z Waterfront Regeneration 2,448,900 100,000 562.200 1.786,700 3,099,400 100,000 825,200 2,174,200 387,499 1,651.365 305,389 (13,520) 1,359,497 m Port Union Watefront Improvement 3,000,000 2.ooo.ODD 1,000,000 300,000 300,000 (700,000 103.025 103,025 en Humber Bay Shores ( Motel Strip) 2,200,000 1,100.000 1,100,000 300,000 150,000 150,000 (950,000 512.371 24,589 243,!91 243,891 en Toronto RAP 1,143,000 205.200 937,800 1,226,000 726,000 500,000 (437,800 1.100,299 41 ,250 347,332 791,717 0 m Peel RAP 400,000 200,000 200,000 600,000 300,000 300,000 100,000 171.125 20,607 150,518 < York RAP 400.000 200.000 200.000 500,000 300,000 200,000 502,258 173.018 168,058 161,102 m r Durham RAP 25,000 25,000 25,000 0 Valley & Shoreline Regen. 1,682,000 432,000 1,250.000 1,431,150 61,150 1,370,000 120,000 1,471,210 36,600 363.138 I,071,4n "U Rood Control ~ m Toronto Islands lo.s43 10,543 Z Brickworks 75,000 75,000 165,000 165,000 18.137 17,169 968 -i Arsenal lands Remediation 1,100.000 115,000 985.000 (985,000 1,562,aBl 576,589 986,272 )> 0 < 12,448,900 l00,ODD 4,aas,400 7 459,500 7,646,550 100,000 2,527,350 5,019,200 (2,440,301 7,103,191 1.174,604 1.129,503 4,879,084 en 0 7) Land Acquisitions & Disposals 4.650,000 4,000.000 650,000 4,000,000 4,000,000 10,008.031 10,008,031 0 ::JJ -< OJ WA TERSHED EXPERIENCE 0 Public Use Infrastructure Projects 282,000 141.200 140.800 650,000 150,000 309,000 191,000 50,200 423.047 443.296 206,743 (226,992 )> ::JJ Kortright Uving Machine SO.OOO 250,000 (200,000 50,000 50,000 200,000 24.048 3,200 20,848 0 BCPV Retrofit & Development ProJeel 1,600,000 1,600,000 1,600,000 ~ CORPORA TE SERVICES 8 II,dministrative Office 200,000 50.000 150000 200 000 200 000 15 923 15,923 /0 CAPITAL TOTAL 17 629 700 4 150 000 a 080.600 7.5!l!1.1oo 14359850 4 250 000 3 086 350 7 023 500 1575 600 17 B68 754 1 a18 400 11'63 400 4 884 954 MNR Transfer Payment 100.750 (180,750 119,410 Munlcioal lew 7,618,350 7 023 500 1594 850 6188361 CaDi1a1 Deficit/ ISurolusl """.- 0 200 000 1422,817 )> ~ _-..J I\) ~ 3: :-l I\) Page 3 ~ TORONTO AND REGION CONSERVATION AUTHORITY APPORTIONMENT OF 2000 LEVIES GENERAL PROGRAMS & CAPITAL PROJECTS SUMMARY "11 Z .., )> Z < - 2000 GENERAL LEVY 2000 ;" ;'200'tJ: v; 1999 1999 ~ LEVY , :totAL' CAPITAL f;GRAND; ..x , OPERATING Operating GRAND ~ EXCLUDING TAX t.'~~eAA~ PROJECTS "i:A:<'T6fAL'h ~~U~E: LEVY INCL. Change TOTAL 0 TAX ADJ, ADJUST L: {:LEVY.':: l ( Page 4 ) <I .Lev\", p.AA~. " "'AX ADJUST 00/99 LEVY ~. $ $ h'i -$ 'q ~ $ F~' $- $ $ % $ ~ $.,") -: <1:..... Z ADJALA-TOSORONTIO 413 f ,iv" '41:3~ 11 'V" d 424:~ ..~ 401 12 3.0% 417 ~ ~~ ..> . : to:: .~ C DURHAM 258,111 35,381 ;;'(' ~~<afl9.~1 78,989 .3>ti;481 4p9~ 284,944 8,548 3.0% 341,126 ~ ~ i ': .. ". . r TORONTO 4,148,261 'f: 4i+4P.i6~j 5,425,000'- 9;573'~2&2 :$,~24' 3,998,262 150,000 3.8% 9,050,186 ~ " ' .,~., : '. ;' :' : ' s::: j '.' .. ,\"", m MONO 581 r -! ~ S8iF 9- < :~(}.' ,.7 564 17 3.0% 580 ~ .. ..~ .. ~ ~ ;. 1:: .... --, PEEL 1,182,491 28,704! 4:fid;~~5~ 327.300 l;S38~49~{ .t~; 1,175,695 35,500 3.0% 1,411,618 ~ i " ; ,'" en YORK 1,368,810 32,414 L 1;:4O-:i.224'~ 233,161,; ;M3i,~~L. JJ;1261 1,359,034 42,190 3.1% 1,606.315 ~ ~t;J' ........ :"':'''i "s .. ~"..;" ~ -< 6.958,700 96,500 I' r-i1i5S;2p~j 6,064,470 %t$.;t:f~~1~h :~812; 6,818,900 236,300 3.5% 12,410,242 ~ ~ ' ~ LEVIES ON HAND ;. , i 959,03~ ,/ "!.~'" ,., 2,110,92~ ~ ;.. .~..; . ....:..... :--.... -=- .. ...... . :..:......:; ..~. .. '8 6,958,700 96,500 i\i;A~!ii2~U{ 7,023,500 1~1-4~~~ai109. ,tra~,~:t 6,818,900 236,300 3.5% 14,521,162 .. ?";.} ;.:.:..~ .... :'.'; . j.. i'~ . ~ 0 --J <0 Page 4 TORONTO AND REGION CONSERVATION AUTHORITY APPORTIONMENT OF 2000 CAPITAL PROJECT LEVIES GREEN- WATERFRONT PORT ETOBICOKE VALLEY & REMEDIAL PUBLIC 8CPV SPACE REGENERATION UNION MOTEL SHORELINE ACTION USE INFRA. RETROFIT TOTAL 11 MUMCIPALITY ACQ. PROJECT WATERFRONT STRIP REGENERATION PLANS. STRUCTURE &DEV Z $ $ $ $ $ $ )> z 0 ADJALA-TOSORONTTO 11 11 m )> Z DURHAM 48,630 25,000 5,359 78,989 0 [Xl c TORONTO 2,000,000 1,200,000 500,000 125,000 1,600,000 5,425,000 ~ z m MONO 9 9 en en 0 PEEL 300,000 27,300 327,300 m < m r YORK 200,000 33,161 233,161 0 -0 s: LEVY INVOICED ~tt4~,63o- '1 ~O(j,OOti 1,'t)2.tijOdO 1atf,lt"4d :i~6(lb.-Oa(h '$;()ff4~47l} m .- Z -I LEVIES )> 0 ON HAND 338,870 300,000 150,000 170,000 160 959,030 < en 0 ~ECEIVABLE :D -< jg:1:u.6tl, 'U~oo~OOtL t;@3~:aoo; [Xl ..E.VY BUDGEr ~ 2.$81 JiOG. 'aOO;uoo- 100.uQfF 1'.~o.oM: t.62~.do{}, 0 ... )> :D 0 :>THER FUNDING ~OOO,OOO 2,925,200 150,000 61,150 1,326,000 459,000 6,921,350 ~ :lROVINCIAL 8 totAL COST 2.000.060 5.312dbi} 300.060 -aOO,{)Otf 1l43fii50 2;3S1,oo6 ~M.Qdo 1.-600~tJoT1::' W3;9~~?~8> \late. The Durham Remedial Action Plan amount includes $25,000 for a Watershed Planning initiative. 3: :-' N ~ .... :-J l\) 8 Page 5 TORONTO AND REGION CONSERVATION AUTHORITY "T1 APPORTIONMENT OF 2000 LEVIES z )> , z MATCHING* AND NON-MATCHING FORMAT 0 m )> Z 0 m -------- OPERATING LEVY ---------------- --------- CAPITAL LEVY -------- TOTAL c ~ MATCHING" NON-MATCHING TOTAL MATCHING" NON-MATCHING LEVY z m $ $ $ $ $ $ en en 0 m ADJALA-TOSORONTIO 49 364 413 11 424 < m r 0 \l DURHAM 22,109 271,383 293,492 78,989 372,481 ;s: m z -l TORONTO 594,003 3,554,259 4,148,262 5,425,000 9,573,262 )> 0 < en MONO 69 512 581 9 590 0 ::Il -< PEEL 86,931 1,124,264 1,211,195 327,300 1,538,495 m 0 )> ::Il 0 YORK 142,339 1,258,885 1,401,224 233,161 1,634,385 ~ 6.064.470 13119.637 8 845.500 6 209 667 7,055167 * Based on preliminary estimates of provincial funding, Q 0 C81 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #2/00 April 7, 2000 SECTION IV - ITEMS FOR THE INFORMATION OF THE BOARD RES.#C13/00 - ACCOUNTS RECEIVABLE STATUS REPORT March 19, 2000 Staff report on accounts receivable Moved by' Raymond Cho Seconded by' Randy Barber IT IS RECOMMENDED THAT the report on accounts receivable of the Authority, as of March 19, 2000, be received . . . . . . . . . . . . . . . . . . . . ........ ........ CARRIED BACKGROUND At its meeting #3/91 the Board requested that for each of its meetings staff reports on the status of the Authority's receivables ANALYSIS The schedule below summarizes the status of receivables, including aging and classification. The schedule excludes $5,906 in accumulated interest arrears on invoices outstanding for more than 30 days ACCOUNTS RECEIVABLE AGING, BY CATEGORY (Excluding Municipal Law and MNR Grant - As at March 19,2000) 31 TO 61 TO 90 90 PLUS CURRENT 60 DAYS DAYS DAYS TOTAL % SCHOOLS AND SCHOOL BOARDS 105,147 11 ,808 6,043 12,721 135,719 15.6% GOVERNMENT 333,094 143,615 3,263 5,000 484,972 55.8% CORPORATE, INDIVIDUAL AND 99,679 17,036 48,823 83,037 248,575 28.6% COMMUNITY GROUPS TOTAL 537,920 1 72,459 58,129 100,758 869,266 100.0% % OF TOTAL 61.9% 19.8% 67% 11.6% 100.0% Items in excess of $1,000, included in the 90-plus-days column, are listed on the following page With the exception of the amount due from Adit Design, all are deemed collectible. Total receivables at $869,266 are higher than the usual amounts reported to the Board. The Increase can be.littrjbuted to tbe~90ver.nmenLcate.goQf.,..wberein substantial amounts have been Invoiced pnor to the provincial and federal fiscal year ends. Receivables balances, as reported on each of the previous reports to the Board, after 1996, are also presented on the following page April 7, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #2/00 C62 I DATE I Total I gO-Pius I $ $ March 19/00 869,266 100,758 February 15/00 1,007,850 42,952 December 30/99 694,198 81,500 October 26/99 531,118 89,630 August 29/99 565,611 97,950 May 23/99 392,070 21,841 March 29/99 464,780 61 ,536 February 24/99 342,696 55,726 August 25/98 368,404 11 8,340 May 24/98 319,384 20,946 November 4/97 462,630 13,507 August 25/97 309,242 11 ,420 May 25/97 390,806 79,682 April 27/97 569,509 143,588 February 23/97 624,669 34,911 The list below Itemizes accounts greater than $1,000 Included in the 90 day plus category ARREARS AGE CLIENT NAME AMOUNT INTEREST (DAYS) $ $ Adit Designs Inc. 3,803.63 1,243.61 595 Toronto District School Board 3,552.40 274.56 154 Toronto District School Board 4,440.50 272.49 133 Regional Municipalitv of York 5,000.00 228.39 98 Highland Food Service 2,287 14 140.34 126 Martingrove Collegiate 2,396.80 147.07 140 Polson Street Productions --1,284.00 119.98 203 Winston Churchill Collegiate 2,615.84 119.49 105 Wild Water Kingdom 62,017.53 Note 98 Tree Canada Foundation 3,000.00 18410 107 Note Interest charged as per lease agreement 90,397.84 2,730.03 Report prepared by. Rocco Sgambelluri, extension 5232 Date: March 30,2000 C83 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #2/00 April 7. 2000 TERMINATION ON MOTION, the meeting terminated at 12.09 pm, on April 7, 2000 Ron Moeser Craig Mather Chair Secretary Treasurer /ks ~ ITEM 1 , THE TORONTO AND REGION CONSERVATION AUTHORITY MEETING OF THE FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15. 2000 Page C84 The Finance and Business Development Advisory Board Meeting #3/00, was held in the Humber Room, Head Office, on Friday, September 15, 2000 The Chair, Ron Moeser, called the meeting to order at 9 11 a,m. PRESENT Raymond Cho Member Christine Cooper Vice Chair Joan King Member Peter li Preti Member Ron Moeser Chair Dick O'Brien Chair, Authority Maja Prentice Member REGRETS Randy Barber Member David Barrow Member Paul Palleschi Member RES.#C14/00 - MINUTES Moved by' Christine Cooper Seconded by Dick O'Brien THAT the Minutes of Meeting #2/00, held on April 7,2000, be approved. . . . .. CARRIED CORRESPONDENCE (a) Report to Conservation Ontario Council on the Conservation Authorities Levy Distribution Task Force. RES.#C15/00 - CORRESPONDENCE Moved by' Christine Cooper Seconded by Dick O'Brien THAT above-noted correspondence (a) be received . . . CARRIED CBS FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 Correspondence (a) Conservation Ontario Box n, 120 BDyview Parkway Newnuuicet, Onlluio L3Y 4W3 Phone: 905-895-0n6 fax: 905-895-0751 Report to THE CONSERVATION AUTHORITIES LEVY Council DISTRIBUTION TASK FORCE Members of Conservation Ontario Council, please fmd attached a draft Report from the Levy Distribution Task Force, In addition, to the specific recommendations the Task Force has provided a comparison of levy distribution using Discounted Equalized Assessment ( The old way) with their recommended method- Modified Current Value Assessment. This comparison uses the municIpal organization structures in place as of Jan 1/99 and will have to updated, This report is fabled for CoilservatioifAuthority-review -- - -. - - -- - - - - - - Approval of these-recommendations is not beinr sourht at this time. Each Conservation Authority is asked to review and provide comments to Conservation Ontario office by April 30/00. This Report will also be tabled with The Association of Municipal Managers, Clerks and Treasurers (AMCTO) who participated in its development and with AMO office. Subsequent to these consultations, the Report will be brought to June Council for approval and recommendation to the province. JSA 4i - ~eptember 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 ca6 REPORT OF CONSERVATION AUTHORITIES LEVY DISTRIBUTION TASK FORCE. , INTRODUCTION Since the creation of conservation authorities (1946) under The Conservation Ifuthorities Act, program costs directed to member municipalities have been distributed using a property assessment based system. In more recent years, up to and including 1996, conservation authorities (under Section 27 (1) of the Conservation Authorities Act) used Discounted Equljllized Assessment (DEA), a provincial modification of local assessment, to distribute local program costs. DEA was a provincial calculation to equalize assessment from local area to local area. DEA information was provided to the Conservation Authorities by MMA through MNR. In 1996 The Municipal Act was amended, through Bill 1 06, to provide the power to the Ueutenant Governor in Council to make a regulation prescribing the basis on which the apportionment of levies of Conservation Authorities are to be made on municipalities - (Section 374(1) (2)}. The Conservation Authorities Act was amended through Bill 149 to repeal section 27(1) thereby deleting any reference to DEA, and to amend Section 27(3). This latter Section previously established Provincial Equalized Assessment as the means by whlch-Administration levies of CA's was distributed amongst member municipalities. The amended Section 27(3} continues to provide ~onservation authorities with the ability to make a levy but it no longer sets forth a distributing formula. In 199Q the Provincial Government Initiated an overhaul of the assessment system in Ontario directed at equality of assessment values across the Province. This initiative was directed at moving property assessment values to more closely represent market value assessment- Current Value Assessment (CVA). This massive change to the assessment system, and the parallel provincial decision to discontin~e the provincial equalization of locally generated assessment values means that conservation authorities require a new basis to distribute local program costs on member municipalities. 1998/1999/2000 Information within the new assessment system was not immediately available and CA's needed a bridging mechanism to distribute costs until the new assessment system (CVA) was available and a specific policy was developed to distribute CA levies, A number of candidate models were considered but freezing the apportioning formula for 1998 based on 1997 appodionmeot percentages was the preferred model. The formula, in the form of a freeze of DEA based assessment values, was legitimised through a regulation raised under Section 374 of the Municipal Act. 1 ~ . . . C8l FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 This model is considered. . Simple to implement; . Based on known information, . Most resistant to appeal; . Easily calculated for newly merged municipalities, . Easily calculated with changing Conservation Authority program size and levies While the assessment system (CV A) underwent transition there was still inadequate information to base a revised formula for year 1999 and the DEA based freeze was continued for that year Preliminary information on redistribution of assessment based on the new Current Value Assessment system indicates that there would be significant redistribution of assessments on a watershed by watershed basis in budget year 2000 In addition, the continuation of municipal restructuring and its impact on CA levy distribution has made the development of a new levy distribution formula more complex. As a result, a well communicated and agreed to formula was not available by December 1999 in time for use in budget year 2000 The province has been requested to continue the DEA freeze on levy distribution for year 2000 It is suggested that a formula must be available for June 2000, if it is to be used by CA's in budget year 2001 I LEVY DISTRIBUTION TASK FORCE Recognizing that the matter of levy distribution was of significant importance to CA's and watershed municipalities alike, Conservation Ontario created a Task Force to develop recommendations on levy distribution and requested the Association of Municipal Managers, Clerks and Treasurers of Ontario (AMCTO) to assist them in the development of recommendations on this matter Membership on the Task Force is as follows Andrew Burt, CAO, Niagara Peninsula CA Vicki Barron, CAO, Credit Valley CA Russ Powell, CAO, Central lake Ontario CA Linda laliberte, CAO, Ganaraska Region CA Keith Murch, Assistant CAO, Corporate Services, Grand River CA Dennis Holmes, Director, Corporate Services, Lake Simcoe Region CA Terry Murphy, CAD, Quinte Conservation Keith McNe~y, CAO, Town.of Mono David Kennedy, Director of Finance, City of Guelph 2 4-3 September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 C88 The terms of reference for the Task Force are as follows . To develop basic concepts and options, including non-assessment based options for CA municipal levy distribution formula; . To assess the merits and impacts of each option/concept in terms of ease of implementation, impact on municipalities, simplicity, and other factors deemed by the Task Force to be important; . Prepare options/concepts in a form that they can be shared with CA's, member municipalities, and the Province, DISCUSSION In order to consider the wide range of options the Task Force developed a series of principles related to the data and to the formula to be used against which they would assess the various options, The principles are' 1 Data - must be easy to access, must be consistent across municipalities and CA's, must be consistent with other municipal information; must reflect assessment values that municipalities use to raise tax revenue, must be created independently; must be widely and easily available to municipalities. 2. Formula - must relate to ability to pay; should be easy to understand and administer; should relate to other mechanisms used by municipalities to distribute costs and therefore easy for municipal leaders to appreciate, . In addition, to these principles the Task Force developed a series of implementation features and information statements that provided context for them as they established their recommendations. They are: . The Ontario Property Assessment Corp,(OPAC) annually (December target) provides Current Vah,Je Assessment (CVA) data by assessment class to each municipality This CVA data constitutes the Assessment Roll and is used by the municipality as tne basis for apportioning taxes once the budget for the following year has been established. (Le. 1999 assessment roll will be used for budget year 2000) . Municipalities receive unmodified CVA data and weight it by assessment class, (There are 7 classes) Weighting takes place within ranges established by the province and assessment classes ate weighted against the residential assessment class with a weight of 1 0, Provincial Policy determines the weighting for certain classes Managed Forest and Farm (.25) Conservation Lands defined by the province as Provincially significant wetlands, ANSI's and Niagara Escarpment Protection Areas have a weight of 0 (or are exempt) . Assessment class weighting and tax rate decisions are the means by which Municipalities determine the relative tax contributions of assessment classes They do not affect the overall capacity to raise taxes, but simply the distribution of taxes amongst assessment classes, Weighted CVA of a municipality can be influenced from year to year by municipal decision and overall Weighted CVA values can change from year to year even if 3 LJ4 C89 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 raw assessment values do not change. . Municipalities are familiar with raw and weighted assessment values. . Municipal weighting decisions are a component part of the municipal budgetary process. . Municipal weighting decisions do not allow for a CA to apportion its levy equitably among its member municipalities. THE OPTIONS The Task Force examined 6 basIc options of which 2 related to population, 1 to area and 2 to the new assessment system The results of their discussion and their assessment of the options against the principles established are as follows: Topics Analysis Response 1) Area - Municipal area within Reflects Ability to paylReflects - No, not at all a watershed as a percentage of basis on Which MUnicipalities the total area within a watershed Collect Taxes would be the basis for levy distribution. Accepted Means of Dlstnbution - Not commonly used at Local level Simple/Easy to Understand - Yes Free From Manipulation within - Yes watershed Numbers are generated - Yes independently and source is known 2) Households - The number of Reflects Ability to pay IReflects - No households within a municipalIty basIs on Which MUniCipalitIes would be used to distribute levy Collect Taxes MUnIcipalItIes partiy within a watershed would have these Accepted Means of Dlstnbutlon - Has been used In selected numbers pro rated on an area at Local level instances for household basis. sensitive services Simple/Easy to Understand - Yes Free From Manipulation within - Yes watershed Numbers are generated - Yes independently and source is known 4 4-S" . . September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 egO .3) Population-Municipal Reflects Ability to payl Reflects - No, has serious limitations population and area pro rated basis on Which Municipalities population would be used to Collect Taxes dIstribute levy . Accepted Means of Distribution - Used for some population at Local level based services Simple/Easy to Understand -Yes Free From Manipulation within -Yes watershed Numbers are generated -Yes independently and source is known 4) Weighed CVA- CVA values Reflects Ability to payl Reflects - Yes, very well modffied by provincial level basis on Which Municipalities policies (managed forest, farm, Collect Taxes conservation lands) and by individual municipal weighting Accepted Means of Distribution - Yes, a commonly used, if not decisions would be used. at Local level dominant means of distribution Municipalities partly within a CA of costs would have their values pro rated on an area basis. Simple/Easy to Understand - Complex, but its common usage means that it should be well understood. Free From Manipulation within - No, weighing factors watershed manipulate assessment values within Upper and Lower Tier Municipalities, which can lead to distortions on levy distribution across a watershed Numbers are generated - Partially Municipality generates independently and source is final numbers based on tax index known decisions of municipality Source is known 5 % . C91 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 5) Beneficiary Pays- this option Analysis - Ref/ects Ab1ltty to - No would break down GA programs pay/Ref/ects basIs on Which into component parts, denve Municipalities Gol/ect Taxes beneficiaries, and levy on that basIs. Accepted Means of Distribution - Not at this time at Local level Simple/Easy to Understand - No, potentially very complex Free From ManipUlation within - No watershed Numbers are generated - No, not at this time. Numbers independently and source IS would have to be generated by known CA after agreement on who are the beneficianes to the various programs of each CA. Could create inconsistenCies within a mUnicipality with more than one CA In ItS junsdictlon 6) Modified CVA- -uses the raw Ref/ects Ability to pay/ Reflects - Yes, generally speaking. assessment information by basis on Which Municipalities assessment class supplied by Collect Taxes OPAC to municipalities. This information is modmed by Accepted Means of Distribution - No, not presently, is unique to -Applying a 0.25 weighting to the at Local level CA levy distribution raw managed forestlfarm assessment class category; Slmple/Easy to Understand - Yes, modifies information ~Removing the exempt commonly used by assessment class mUnicipalities. category(conservation lands and any other) Free From Mampulation - Yes -Adding m the "Exempt and within/among watershed Eligible for Payments-m-Lieu" assessment class component. Numbers are generated - Yes independently and source is known THE RECOMMENDED OPTION After consideration the Task Force felt that the Modified CVA was superior While other options have many attributes, this option is judged to be the preferred option because it is free from any form of "within municipality" adjustments. This is an important charactenstic because many CA's span 1, 2 or more Upper Tier Muntcipalities. 6 '+7 . September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 C92 Recommendation #1 That the province be requested to create a regulation under section 27(16) of The Conservation Authorities Act that would require that "Modified Current Value . Assessment", consisting of the Unwieghted Current Value Assessment, modified to reflect province-wide policies associated with farm, managed forest and conservation lands, as well as, Payment in Lieu on exempt assessment class lands, be used as a means to distribute CA levy on member municipalities. A TRANSITION PROGRAM TO BRING IN MODIFIED CV A The Task Force was also requested to consider how best to transition from the old DEA based formula to the new assessment system based formula. As part of their deliberations the following information was deemed relevant to a decision on this matter' .:. Conservation Authority levies represents a relatively small component of municipal expenditures, estimated to be between 0.3 and 0.5 of 1 %. Year 2001 implementation should not be onerous on any municipality ..:. Because area within a watershed is used to pro rate assessment values into various CA's, municipal restructuring exerts a significant influence on levy distribution. Past restructuring decisions have created as much levy distribution shifts as changes in the assessment system It is reasonable to assume that municipal restructuring will continue for a number of years, therefore any transitioning of levy distribution impacts will be masked by levy impacts associated with municipal restructuring. - .:. During the period of transition, any budget discussions between municipalities and CA's regarding program changes and overall levy magnitude will be clouded by the multi year impacts of levy transition decisions. At this time when many environmental service activities are moving to the local level, CAlmunicipal discussions on how to deal with downloaded services should be as simple and straightforward as possible. Recommendation #2 That the CA levy distribution transition from a DEA based formula to a CVA based formula be instituted in the year 2001 A STANDARD REPORTING FORMAT One of the comments that the Task Force heard in its consultations on the matter was the lack of uniformity in how levy information was presented to member municipalities. Recently conservation authorities collectively have standardized their municipal financial statement reporting and have standardized their program definitions in order to make municipal 7 4-8 . C93 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 understanding of both these Important elements easier This process should be extended to the calculation and communications of levy distribution information and decisions. Recommendation #3 That Conservation Authorities develop a common format in which they communicate levy distribution information to their member municipalities. IMPLEMENTATION Task Force recognized that to be effective, the approved levy distribution concept must be implemented on a multi party basis. Unmodified CVA information must be organized from information supplied by OPAC and the necessary transformations of that data must be conducted and communicated to municipalities and CA'S in a timely fashion. CVA values produced and forwarded to municipalities in December must be modified in line with recommendation #1, and made available to CA's and municipalities. It is anticipated that this information would not be available in time to have the precise levy distribution information available at the start of most municipalities' budget processes. This information is essential for municipal and CA budgeting purposes and, because of this, it is proposed that the CV A based levy distribution information be used by CA's and should be based on the assessment information produced one year prior to that used by municipalities for their budget purposes. (Le. 1999 assessment will be used by mUnicipalities for budget year 2000, however, this assessment information will be used by CA'S to distribute levies in budget year 2001) Once conversion to a CVA based system is complete Task Force does not envision that this delay of 1 year to be a significant issue. It is essential however, that all parties appreciate their role. It is suggested that CVA information available in December be modified by MNR and made available to all CA'S by June of the succeeding year for transfer to their member municipalities. This is a continuation of an existing role for MNR. In the longer term, direct communication between Conservation Authorities and OPAC may produce the appropriate information in time to avoid the 1-year delay in using CVA Information. This would mean that CA levy distribution and mUnicipal budgeting would be based on the same assessment information. Recommendation #4 That in developing implementing protocols associated with the CVA based levy distribution concept that the CVA information used will be one year delayed from the CVA used by municipalities for their tax and budget purposes, Recommendation #5 In the short term 8 lf1 . September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 C94 That MNR assume the responsibility to convert CVA data to Modified CVA information for use by municipalities and conservation authorities in a timely fashion. . In the long term That Conservation Ontario should work directly with OPAC to obtain this information for the CA's. THE LONGER TERM Throughout its discussions the Task Force members were reminded that longer-term strategies were needed to make the levy distribution process more precise and accurate. In particular, the calculation of levy for those municipalities partly within a watershed may not reflect the actual assessment in the watershed. With georeferencing technology, it is now possible to establish specific assessment within a watershed. This will require cooperation between OPAC. provincial Ministries, and CA's. In addition, the present provincial policy of requiring the municipal levy distribution to municipalities partly within a conservation authority to be distributed on an area basis will require consideration for amendment. With investments of time, money and effort in the system, each parcel of land can be allocated within a watershed. This produces a number of benefits: ~ Levy distribution reflects the actual assessment in the watershed. ~ All other data attributes linked to individual land parcels can be organized on a watershed basis and this information made available to CA's and municipalities. This will be a considerable benefit to CA's for program development purposes, and may lead to a more refined beneficiary based levy allocation system in the long run. The investment of time, effort and resources may be difficult to organize in the near term as OPAC and provincial Ministries have many important analyses and refinements to make to the assessment system. In addition, the cost of developing and implementing this type of system is not yet known Recommendation #6 That Conservation Authorities, AMCTO. OPAC and provincial Ministries jointly investigate the concept of georeferencing of assessment information into watersheds (Conservation Authority areas of jurisdiction) to support the levy distribution system. 9 ~O . C95 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 COMMUNICATIONS Communications between member municipalities and CA's continues to be an area requiring improvement. Task Force felt that their recommendations regarding levy distribution formula should be communicated extensively to CA's, municipalities and their organizations in order that all affected parties would have a comprehensive understanding of the concept and the processes required to implement it. 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t: ID 3 rr ID -. ~ U1 I\) 0 0 0 :!J z )> z 0 Change In m t 998 far t 999 1998 for t999 CVA CVA Based DEA Based 1999 Levy Using 1999 Levy Using Levy (+ve )> Conservation New Municipality [As of %In Current Value amount % Change Z Authority Upper Tier January t998) CA Assessment [CVA) (Modified) In Apportionment Apportionment DEA Based CVA Based Indicates In Levy 0 Watershed Percentage Percentage Apportionment Apportionment Ul [Modified) Increase levy C with CVAI en Z m en lakehead Reg,on Thunder Bay District Conmee Tp too 29,254,282 29,254,282 02782 $492 en 0 lakehead Region Thunder Bay District Dorian Tp 100 17,217,260 17,217,260 0.3599 $289 m lekehead Region Thunder Bay District GaUes Tp 100 16,021,598 16,021,598 01530 $269 < m r lakehead Region Thunder Bay District Neeblng Tp 100 120,805,000 120,805,000 0.0548 $2,031 0 lakehead Region Thunder Bay District O'Connor Tp 100 33,115,240 33,115,240 03121 $557 -0 s: lakehead Region Thunder Bay District OrM!r and Paipoonge Tp 100 294,774,554 294,774,554 3.1994 54,956 m Oliver and Palpoonge Tp g~m!~~~:"'~d'l~:5l'~'" '"b:>z,''' Z lakehead Region Thunder Bay DIstrict ~':-~:1~~::::;a;':::*,i:::ii..f.f)ittft~~;ilit~t~~4ti?>> -1 lake head Region Thunder Bay District Shunlah Tp 100 256,2lll!,769 258,268,769 4.3088 31216 53,122 $4,309 $1,187 38% )> 0 lakehead Region Thunder Bay District Thunder Bay C 100 5,180,126.169 5.180.128,169 87.0963 92.0279 S92,028 S87,096 -$4,932 .5% < (j) ~,941,5B2,812 100 99.5069 S100,OOO $100,000 5493 0 :D -< Ul ~ :D 0 % c.u 0 0 9 ~ I\) , 0 ~ ~ W '': JJ Z Change In )> 1998 rar 1999 1998 ror 1999 CVA CVA Based DEA Based 1999 levy Using 1999 Levy Using Levy (+ve Z Conservation New Municipality (As of %In Current Value amount % Change 0 Authority Upper Tier January 1998) CA Assessment (CVA) (Modlfled)In Apportionment Apportionment DEA Based CVA Based Indicates In levy m (Modlfled) Watershed Percentage Percentage Apportionment Apportionment Increase levy )> Z with CVAI 0 CD Long PaInt RegIon Brant County Brant CD 16 244,797,254 510,861 510,830 100% C (j) long Paint Region ElgIn County Bayham M 512,364 69% Z long Paint Re9ion Elgin County Bayham M m en Lan9 Paint RegIon EI91n County Bayham M en long Paint RegIon Elgrn County Malahide Tp 5 397 448,551 19,872,428 03998 -28% 0 m Lang Paint Region Haldlmand.Norfalk Region Deihl Tp 100 759,238,615 759,238,615 65.9271 424,716 -8% < m long Paint Region Haldlmand-Norfalk Region Haldlmand T 23 1,045,421,570 240,446,961 r Lang Paint Region Haldlmand-Narfalk Region Nanticoke C 85 1,169,447,599 994,030,459 0 ""(J long Point Reglan Haldlmand.Narfalk Region Norfolk Tp 100 583,733,896 583,733,898 S m Lang POInt RegIon Haldlmand.Narfolk Region SImcoe T 100 699,419,359 899,419,359 Z -{ Long POInt Region Oxford County Norwich Tp 74 457,841,428 338,802,857 88163 5 3800 523,695 530,021 56,326 27% )> Long Paint RegIon Oxford County Sauth.Wes! Oxford Tp 30 410,393,854 123,118,156 2.4770 24163 $10,642 510,909 5257 3% 0 < long Pornt Region Oxford County Tilson burg T 100 730,788,415 730,788,415 14 7027 14 8353 "'565,338 564,754 .5584 1% (jj 4,970,445,079 100 100.0001 $440,421 $440,421 SO 0 JJ -< CD ~ JJ 0 '**' w '0 0 en !D m 3 c:r (!) ..... ~ Y' I\J 0 0 0 (f) CD - CD Change In 3 199B for 1999 Levy (+ve rr 199B for 1999 CVA CVA Based DEA Based 1999 Levy Using 1999 Levy Using CD conservation Upper Tier New Municipality (As of 'A In Current Value (Modlfled) In Apportionment Apportionment DEA Based CVA Based amount % Change .... Authorlty January 199B) CA Assessment (eVA) Indicates In Levy ~ Watershed Percentage Percentage Apportionment Apportionment U1 (Modified) Increase levy - wlth CVAI I\) 0 0 0 II Lower Thames Reglo Elgin County Dullon.DunWlch Tp 1~~. . '~\~~ '. '.~,5'~258 ,3.2537 ~.7~~ . r S~~,264..41 S13,144.98 S~ 881.. 17~ Z Lower Thames Regia Elgin County Outtorl-Ounwich Tp ~___.D:.g~~~~~--- )> Z Lower Thames Reglo Elgin County Southwold Tp 22 276.942,650 60,927,363 1.2350 27016 S10,91535 S4,96937 -S5,9211 -54% 0 Lower Thames Re9io Elgin County West ~lgin M 100 '.A~~4lt~6~;y, 234 2iD 4'~&l .:.l . 4.IR~ S~8,~.0: ~1~{~9.76 5522., 3~ m )> Lower Thames Regio Elgin County West Elgin M fft...q-fillfjik:;W&~..i~~~".~~ ,~:;lr.~~;s-~t:t:lfK.r~ff_.tMll~ z Lower Thames Reglo Essex County Leamrnglon T 11 1,124,606,556 123,706,721 2 5075 1.0127 S4,091.34 S10,130.39 S6,039 146% 0 rn Lower Thames Regio Essex County Lakeshore T 24 17441026,629 416,566919 8.4642 2.9116 S11762.95 S34 276.60 S22,514 191% C Lower Thames Reglo Essex County Lakeshore T %:x, .... f? .~:?J.~,~~~-;,'~::..W-:'''~;::,.$'''' . ..~ ~. .~. .x>, .~. .. ~ "'.. ~" ...X:*~-:... u. 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Z Lower Thames Regio Kent County Chatham.Kent m (f) Lower Thames Regio Kent County Chatham-Kent (f) Lower Thames Reglo Kent County Chatham.f(ent 0 Lower Thames Reglo Kent County Chatham.Kent ~ m Lower Thames Reglo Kent County Chatham.Kent r Lower Thames Regio Kent County Chatham-Kent 0 "'U Lower Thames Regio Kent County Chatham-Kent s:: m Lower Thames Regio Kent County Chatham-Kent Z Lower Thames Reglo Kent County Chatham.Kent --l )> Lower Thames Regio Kent County Chatham-Kent 0 < Lower Thames Reglo Kent County Chatham-Kent Ci5 Lower Thames Reglo Kent County Chatham.Kent 0 :D Lower Thames Reglo Kent County Chatham-Kent -< Lower Thames Regio Kent County Chatham.Kent rn 0 Lower Thames Regio Kent County Chatham.f(ent )> Lower Thames Regio Kent County Chatham-Kent :D 0 Lower Thames Regio Kent County Chatham-Kent ~ W Lower Thames Regio Kent County Chatham-Kent '0 Lower Thames Regio Kent County Chatham.Kent ,'" './' fir' 0 Lower Thames Regio Kent County Chatham-Kent '* .' . Lower Thames Regio Middlesex County Caradoc Tp 31 341,921,959 105,995,607 2.1465 1.9034 S7,66979 S8,680.04 5990 13% Lower Thames Reglo MIddlesex County Eldrid Tp n 106.622,719 78,766,358 1 5561 1 4450 55,837 84 58,286.59 5449 6'110 Lower Thames Regio Middlesex County Glencoe V 100 66.604,640 88,604,640 1.6001 1.8866 S7.630.00 S7,2n 26 -5358 -5% Lower Thames Regio Middlesex County London C 2 15,373.646.095 307 476,922 62325 6 4230 534.029 17 S25,179.40 -56,850 .26% Lower Thames Reglo Middlesex County Middlesex Centre Tp 7 925,932,404 64,615,266 13136 11034 S4.457 71 S5,307.75 S650 19% Lower Thames Regio Middlesex County Mosa Tp 45 56.527,656 26.337445 05339 o 4926 S1 990 93 S2,156.76 5166 8% ~ Lower Thames Reglo MIddlesex County Wardsvlne V 100 16.361,000 16.381,000 0.3320 o 2754 S1,112.112 S1,341.45 S229 21% ~ .j>. 4,933,461,140 100 100.0003 1404,003 1404,003 -51 , 0 ~ ~ Ul ~ ::!J Z Change In )> Z 199B ror 1999 199B for 1999 CVA CVA Based DEA Based 1999 levy Using 1999 levy Using Levy (+ve 0 Conservation Upper Tier New Municipality (As of %In Current Value (Modlfled)In ApportJonment ApportJonment OEA Based CVA Based amount % Change m Authority January 199B) CA Assessment (CVA) Indicates In Levy )> (Modlfled) Watershed Percentage Percentage ApportJonment ApportJonment Increase levy Z with CVAI 0 CD C en lower Trent Region Hasbngs County Cenbe Hastings M 44 166,433.236 73,230,624 2 3567 15196 $2,357 Z m Lower Trent Region Hasbngs County Qulnte West C en en lower Trent Region Hastings County Qulnte West C 0 lower Trent RegIon Hastings County Qulnle West C m < lower Trent Region Northumbertand County Quinte West C m r lower Trent RegIon Hastings County StlrlingIRawdon Tp 0 LJ lower Trent Region Hastings County SbrtmgIRawdon Tp s: lower Trent RegIon Northumberland County Alnwlck Tp 100 95,976,055 95,976,O55 3 0887 2 5969 $2,597 $3,089 $492 19% m Z lower T!ent RegIon Northumberland County Bnghton T 100 231.856,991 231,856,991 74615 6 4931 $6,493 $7 462 $968 15% -j )> lower Trent Region Northumberland County Brlghton Tp 100 227,746,155 227748,155 7 3292 4 5704 $4.570 $7,329 $2.759 60% 0 lower Trent Region Northumberland County CampbellrordlSeymour T ~O;-3!!". "'.:~:aJ~~l81 318,751.82; ,10~9;~:.4,.~ 10;68?4 ; $1.~#.%~,,^ $10,194 -$487 . . -5% ::;; en lower Trent RegIon Northumberland County Campbellrord/Seymour T &Mtff%.JMf~zw~:6~1~4@!&~?I,':{L~~"AmM~Y~~~ 0 lower Trent RegIon Northumberland County Colborne V 100 78,536,335 78,538,335 2.5274 2 5438 $2.544 $2,527 -$16 1% JJ -< lower Trent Region Northumberland County Cramahe Tp 100 182.199,818 182,199,818 5 8635 5 7520 $5,752 $5,863 $111 2% CD lower Trent Region Northumberland County Haldlmand Tp 88 253,399,251 217,923,358 70131 5.4700 $5,470 $7,013 $1,543 28% 0 )> lower Trent RegIon Northumberland County Hastings V 50 41,014,428 20,507.214 0.6600 o 6998 $700 $860 -$40 -6% JJ 0 lower Trent RegIon Northumberland County Percy Tp 100 162,056,018 162.056,018 52152 41890 $4,189 $5,215 $1,026 24% % 3,107,372,043 100 100 S100,000 S100,000 SO W 0 0 en CD ro 3 0- CD .... ~ _Ul l\) 0 0 0 co ,- [) os OOO'OO~S 000'00 ~s 0000'00 I 001 itHl'90B't'!WZ; %SZ~ 66nS 9S0'&S LSns &LSE ~ BSSO & lBO'S 10'SL 6sn~B'B9~ 91 d.LlRlll'V AjunDJ uDj6umaM Aalle^ puemew -JaL/lll1 M-lRlllJV'I5aJO:llunoW .lDIU!W Ajuno:) uOl6uIlIaM Aall"^ pu"n'''w .1 DjUIW Ajuno:) uOl6uIJlaM Aall"^ pu"m"w .lOIU!W AjunDJ U016umaM Aalle^ puem"w d.l UDjaldew Aluno:) uDj6umaM Aall"^ pu"mew d.llll'ad IsaM AjunDJ lllJad Aall"^ puelllew 0 d.llSe3 lllJad Ajunoo lllJad Aall"^ pu"m"w Q. t') d.lI""3111Jad Ajuno:) lllJad Aalle^ puem"w 'II: d.llS"3 lllJad Aluno:) lllJad Aall"^ pu"m"V1l 0 a: .llllJad ~lIoN AjunDJ lllJad Aalle^ pu"n'''w <( .llll'adlllJoN AjunDJ lllJad Aalle^ pu"m"w 0 CO .1 lllJad1llJ0N AjunDJ 4lIad Aalle^ puemew >- BOSS- I>9L'ES OLZ'~S \>t9'Z6&'Z6 .1 w,,~6u'M Ajuno:) UOlnH Aalle^ puemew a: 969Z ~ BtIlL t 001 0 IrSS' OI>9'IS ~9'IS 9t1l9 I B6tll1 l'06'trSZ'O~ OO~ d.l ~soul!MeM IsaM AjunDJ UOlnH Aall"^ pu"mew (/) :> BOZS' S6Z'ZS OOS'ZS tros Z 6~ZZ 166'!itt'9S 99 d.lAuaqulR,L AjunDJ UOlnH Aalle^ puem"w 0 SLS L66S tz6S 9ZZ6 0 ZL66 0 oor6!t'~1: Ot .LlllJoleas Ajuno:) UOlnH Aalle^ puelllew <( I- BI5- ~69'ZS I:IL'ZS 6ULI: LE69 I: SU'~1:1'99 001 d.l SJJlor.J Ajunoo uOlnH Aall"^ puemew Z ZSE'SLt't9 d.ldDII'>f'lW Ajunoo UDJnH Aalle^ puemew W 61:1S- I:llS'ZS uns OO~L"Z HBS"/: tIl ~ OIZS EOl'tS t6B'I:S It6Il I: ~tOI t IE~'~Lr9L 1:6 d.lllallnH AjunD:J uDJnH Aalle^ puemew a. 0 ~I:S- Sll&'~S OI~'~S L60~ ~ 559& ~ BIS'~9'LOI te d.l ""JMoH AjunD:J uDJnH Aalle^ puelllew -l d,LAaJ9 AjunD:J uwnH AlllI"^ puem"V1l W BtS- IrSl'tS tertS IZ61 t ZIrS~ t S U>'BZ~ U 66 ai LSZS S6t'n Btrn IBtl ~ 1rS6t ~ 9LZ'66B'LOI ZS d.l ~OJ'llp09 Ajuno:) UOlnH AaIlB^ puemew 0 ZIS 6LB'1oIS L9B'US tL99 ~I teL9 ~I SQt'SSZ'S9t 001 .1 ~o!laP09 Ajuno:) UOlnH Aall"^ pUBmew (/) LtL'IS 9Z9'IS OS6'St9'Zlo d.l ~soul!MBM ISB3 AjunD:J uOJnH Aalle^ puell,ew (/) UIS LSZ9 I B9tL I 001 W ~ELS !tns tlO'n ZtlOlo ~LloL lo SEL'6ES'9U 001 d.l awoqlD:J Aluno:) uOJnH Aalle^ puemew Z (/) I~S ZEBS 16LS 60BL 0 91E90 ZtIl'loU>'OZ BI .1 uPlun:) Ajuno:) uDJnH AaIlB^ puell,ew :J OOZS S9~'IS 6SZ'IS B9SZ" I OS9~'1 SQQ'19B'SE 001 ^ "Ia5srua AjunD:J uOJnH AaIlB^ puell,ew CO 0 061S EU>'IS ~U'IS SEU I &&I~ I SIB'Z69'~ 001 ^ ~lAla Ajunoo UOlnH Aan"^ puemew Z B~IS OZlo'SS ELZ'SS LZLZ S ~OZ~ S SS,"'OOO'&&I 001 d.l PI"!l~SV Ajuno:) uOlnH Alllle^ puell,eVII <( W EllS 6ZS Z6Z0 0 I VII aorua lllnoS AjunD:J aorua Aalle^ puemeVII 0 d.l SSDIUDt-'1DJnH AjunD:J llorua Aa1l8^ puemeVII Z <( d.L SSDIUJ>I-uoJnH AIUnD:J llOnla Alllle^ puemew Z u:: E~ dl ssolu!)tUoJnH Ajuno:) 90ma Aaue^ puemew 0 0 0 C\I llfhO lRIM u) Mal ase;uoul IUaWuo91oddV IUaWuo91oddV afllqua:lJad a6lqua:uad IpaUIPowl ,- M.., UI sall!:llPul pall5JBlllM Iv^ohuawssBssy VO 19661 AII!lIUllr AjIJollln'l '- paseg V^O pas"s '130 IUllWU0910ddy luaWuD910dcly ullpaUJPowl J9J.l Jaddn Q) aflull~O % lunowe anJll^ IU9JJno UI% JO $'d) ,(Jlledlolunw "'"N UDlleAJllSUOO ..c a^+1 A^a, flUISn Ma, 6661 flUISn Ma, 6661 pases '130 pases VhO VhO 6661 JOJ B661 6661 JOI B661 E ul a6uell0 Q) -, Q) (/) , , 0 ~ ~ -..j f! - :!J z )> z 0 m )> Z 0 CD C Change In en 1998 for '999 Conservatlon New Municipality (As of %In Current Value 1998 for 1999 CVA CVA Based OEA Based 1999 Levy Using 1999 Levy Using Levy (+ve Z Upper TIer m Authority January 1998) CA Assessment ICVA) (Modlned)In Apportionment Apportionment OEA Based r:::vA Based amount % Change en (Modified) Watershed Percentage Percentage Apportionment Apportionment Indicates In Levy en Increase levy 0 with CVAI m < m r Maltagam. Region Cochrane Timmins C 100 1,730,297,078 0 1,730,297,078 100 100 "'U s: m Z --j )> 0 < en 0 ::0 -< CD 0 )> ::0 0 '*l: (oJ "0 0 en <D .... <D 3 cr <D .... ~ _01 I\:J 0 0 0 - September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 C118 II :Il :Il ":Il gr~ "'f ~ ,. ~ ~3 u e ,e- ,., 11>'" lD"O c~ &n~ct ~a; ~~.. 'G;:t.1:s-> ~ tit iii ~ g5:u ~ ;! ~~~ ~~ U It - U ~ . ... .E gt1: ~ g~ Ui'i"e ~. t::~ ~Mc ~ m ~.l1 0 ... ~<~ 01>8- ~u~ O)tD C'J me ~'E m~ ~ ~fD ~=E ~&i =f we; ~~ gill;; .. ~~i m Q ft: ~ < _ 8 ~ ~ ~ ~ g 'gi~ ~~~ ~,..- &nEJ9 _&tJ_ .. 0 a1 g 5 .... <~I:! ~ !l < CD co .... ~,.... D .. .........-.:1' .... me -gi~ ~~m ~~- ",Em ....1,1)_ _ 0 to 6~ ,.. m~1I < 0 I:! r: ~ II _~Il. ~ mCl')O) ~Cf)CD_mD ~e... lE!.&l.;g. -.:al{l.~.~.~. - N CO ~ 0 m CO m lD - !!!_...IU ,...1lD'Q' co,........ COC') v. ..c U') OJ U) p) (1')... 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Authority January 1998) CA Assessment (CVAI Watershed Percentage Percentage Apportionment Apportionment IndIcates In Levy Z 1Modlfled) Increase levy )> with CVAI Z 0 m )> Z Napanee Region Frantenac County North Frontenac Tp 1 249,680,443 2,496,804 0.2307 o 4666 5231 .5236 0 Napanee Region Frontenac County South Fronlenac Tp CD C Napanee Region Franlenac County South Fronlenac Tp en Napanee Region Franlenac County South Frantenac Tp Z m Napanee Region Frontenac County Central Fronl..nac Tp en en Napanee Region Frontenac County Central Fronlenac Tp 0 Napanee Region Franlenac County Central Frontenac Tp m < Napanee Region Hasbngs County Oeseronlo T 5 1651 m r Napanee Region Haslings County Tyendinaga Tp 7 6823 0 Napanee Region Lennox&Addinglon County AddIRglon Highlands Tp "1J o 9387 s: Napanee Region Lennox&Addlnglon County Grealer Napanee T m Z Napan!e Region Lennox&Addinglon County Grealer Napanee T -1 Napanee Region Lennox&Addingl"n County Grealer Napanee T )> 0 Napanee Region Lennox&Addington County Loyalist Tp 3 628,647,036 $1,912 $1,743 -9'16 ~ Napanee Region Lennox&Addinglon County Slone Mills Tp en 0 Napanee Region Lennox&Addlngton Countf Slone MIlls Tp JJ -< Napanee Region Lennox&Addlngton County Slone Mills Tp CD ~ JJ 0 'II: w 0 0 0 -' I\) 0 . \ () -'" I\) -'" Change In :!J 1998 for 1999 Levy (+ve 1998 for 1999 CVA CVA Based DEA Based 1999 Levy Using 1999 Levy Using Z Conservation New Municipality (As of %In Current Value amount % Change Authority Upper Tier January 1998) CA Assessment ICV AI (Modlf1ed)In Apportionment Apportionment DEA Based CVA Based Indicates In Levy )> Watershed Percentage Percentage Apportionment Apportionment Z (Modllled) Increase levy () with CVAI m )> z 0 Niagara Peninsula Haldlmand.Norfolk Region Dunnvdle T 48 505.446.400 242.614,2n 2.1857 2.0219 $20,672 $22,347 $1,675 8% rn C Niagara Peninsula Haldimand.Norfolk Region Haldimand T 22 1.045,421,570 229,992,745 en Niagara Peninsula Hamilton.Wentworth Reglo Aneaster T 6 1.772.666,659 106,360,132 7.2362 6.6516 $68,006 $73,982 $5,976 9% Z m Nla9ara Peninsula Hamllton.Wentworth Regio Glanbrook Tp 94 635.669.551 597,736,178 en en Niagara Peninsula Hamilton.Wentworth Re910 Stoney Cree" C 30 2.866,419,415 860,525,825 0 Niagara Peninsula Niagara Region Fort Erie T 100 1,480,467474 1,480,467474 90.5781 91,3266 $933,723 $926,071 -$7,653 -1% m < Niagara Peninsula Niagara RegIon Grimsby T 100 1.094.938.054 1,094.938,054 m r Nla9ara Peninsula Niagara Re910n Lincoln T 100 1,016.053.811 1,018,053,811 0 'lJ Nla9ara Peninsula Niagara Re910n NIagara Falls C 100 3.896.786,334 3,896.786,334 s:: Nla9ara Peninsula Niagara Region NIagara on the Lake T 100 1.091,605,859 1,091,605,859 m Z Nla9ara Peninsula NIagara Region Pelham T 100 839.787,090 839,787,090 -i Niagara Peninsula Niagara Region Port Colborne C 100 820,981,630 820,981,630 )> 0 Niagara Peninsula Niagara Region st Catherines C 100 5,804,194,478 5,804,194,478 :::; Niagara Peninsula Niagara Region Thorold C 100 828,n5,Oll 828,725,011 en 0 Niagara PeRlnsula Niagara Region WalnlleetTp 100 334,461.650 334,461,650 II -< Niagara Peninsula Niagara Region Weiland C 100 1,896,267,233 1,896,267,233 rn Niagara Peninsula Niagara Region West Lincoln Tp 100 478,790,837 478,790,837 0 )> 21,622,288,612 100 100.0001 $1,022,400 $1,022,400 -$1 II 0 'II:: w 0 0 en CD CD 3 0- CD ...... -'" .U1 I\) 0 0 0 , September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 C122 , &... ~ ~ e> II> ~.5 . u e #o- m 01 0 .5~_lIIrC[ ~: M lI;t.lii~';> en oilCltO ;>.E=6:.c .c>Nc'" UID -u ... .5 ~ ... ~ ~ g -"D~ Men... .. ~=E ~ ~ ~.l1li U II> II ~ ..I~o m u t ~ < 01_ ~m... g c C.... ... 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Z Change In ~ 199B for 1999 199B lor 1999 CVA CVA Based DEA Based 1999 Levy Using 1999 Levy Using Levy (+ve Z Conservation New Municipality IAs 01 %In Current Value amount % Change 0 Upper Tier (Modified) In Apportionment Apportionment DEA Based CVA Based m Authority January 199B) CA Assessment (CV A) Watershed Percenlage Percentage Apportionment Apportionment Indicates In Levy ~ (Modified) Increase levy Z with CVAI 0 {Jl C en North Bay.Mallawa Nrplssong Bohneld Tp 100 101,705,OB9 101,705,089 3 7598 2 3999 52,400 53,760 51,360 57% Z m North Bay.Mallawa Nlplssong CaMn Tp 100 42,326,326 42,326,326 1 5647 1 2090 51,209 51,565 5356 29% en (f) North Bay.Mallawa N'plssong Chisholm Tp 94 49,229,000 46,275,260 17107 11592 51159 51,711 5551 48% 0 North Bay-Mallawa Nlplssin9 East Ferns Tp 83 218,959,586 181,736,456 67184 4 3896 54,390 56,718 52,329 53% m < North Bay-Mallawa Nlplssfng Mattawa T 100 56,490,351 58,490,351 21623 1 9020 51,902 52,162 5260 14% m r North Bay-Mattawa N'p,ssong Mattawan Tp 19 10,448,775 1,985,267 o 0734 00439 544 573 529 67% 0 North Bay-Mallawa Nfplsslng North Bay C 100 2,165,089,325 2,185,089,325 607781 86 0093 58S,009 560,776 \J .55,231 .6% s::: North Bay.Mattawa Niplssing Papineau-Cameron Tp 100 79,867180 79,867180 2 9525 26102 52,610 52,953 5342 13% m Z North Bay-Maltawa Parry Sound North Hlmsworth Tp 4 170,664,421 6,626,577 02524 o 2459 5246 5252 56 3% -i North Bay.Mattawa Parry Sound South H.msworth 1 74,932,035 749,320 00277 00310 531 528 .53 11% ~ 0 2,705,051,152 100 100 5100,000 5100,000 50 < Ui 0 ::IJ -< {Jl 0 ~ ::IJ 0 'II: (,) -- 0 0 en CD ro 3 0- !!; ~ ,01 I\) 0 0 0 ~ \ en CD W 3 C" ~ ..... !J1 I\) 0 0 0 Change In 1998 for 1999 1998 for 1999 CVA CVA Based DEA Based 1999 levy Using 1999 levy Using levy I+ve ::!! Conservation Upper Tier New Municipality (As of %In Current Value (Modified) In .Apportionment Apportionment DEA Based CVA Based amount % Change Z Authority January 1998) CA Assessment ICVAI Watershed Percentage Percentage Apportionment Apportionment IndIcates In Levy )> (Modified) Increase levy Z with CVAI 0 m )> Z 0 Nollawasaga Dufferln County Amaranth Tp 15 192,901.508 28,935,228 0.3091 o 3340 $334 $309 -525 -7% CD Nollawasaga Dufferin County Melancthon Tp 44 145,433.167 63,990,593 0.6835 o 7027 $703 $683 -519 .3% C ~ Nottawasaga Dufferin County Mono Tp B5 560,389.747 476,331,285 5.0876 49748 $4,975 $5,088 $113 2% Z m Nollawasaga Dufferin County Mulmur Tp 100 238.954,445 238,954,445 2.5522 2 5535 $2,554 $2,552 -51 0% en I en Nottawasaga Dufferin County Shelbume T 100 153,253,400 153.253.400 16369 1 8998 $1,900 $1,637 -5263 14% 0 Nottawasaga Grey County The Blue Mounlalns T 18 776.637,833 124,294,053 , 1 3276 1 1339 $1,134 51,328 $194 17% m < Nollawasaga Grey County Osprey Tp 27 113.048.647 30.522.595 03260 o 3872 $387 $326 .$81 18% m r Nottawasaga Simcoe County Adjala- Tororonllo Tp 96 616,857,573 592,183,270 6 3250 4 9705 $4971 58,325 $1.354 27% 0 Nollawasaga Simcoe County BameC 23 4,617,647.005 1.062,058,811 11 3436 12 8902 $12.690 $11,344 .$1.547 12% ""U s: Nollawasaga Simcoe Counly Bradford-West Gwllhmbury T 28 1.126,196,732 315.335,085 3 3680 3 3602 $3.360 $3.366 $8 0% m Z Nottawasaga SImcoe County ClearviewTp 100 662.600,318 662,600,318 7 0771 7 2855 $7.266 57,077 .$188 -3% -l Nollawasaga SImcoe County Collingwood T 100 995.417,905 995,417,905 106319 139155 $13.916 510,632 -$3,264 -24% )> 0 Nottawasa9a Simcoe County Essa Tp 100 882.421,818 862,421,818 I 9,2114 5 6957 $5,696 $9,211 $3,516 62% ::; en Nottawasaga Simcoe County Innism T 28 1.748,418.330 489,573,932 52290 48140 $4.814 $5,229 $415 9% 0 Nottawasa9a Simcoe County New Tecumseth T 93 1,482.500.882 1,378.725,820 14 7259 17 0609 $17,061 $14,728 .52,335 14% JJ -< Nottawasa9a Simcoe County Oro.Medonle Tp 17 1,260,235,220 214,239,987 2.2683 2.1129 $2,113 $2.288 $175 6% CD Nottawasa9a Simcoe County Springwater Tp 84 661,864,356 740,188,059 79120 7.7314 $7.731 $7.912 $181 2% 0 )> Nollawasaga Simcoe County Wasaga Beach T 100 932,993,018 932,993,018 99651 81979 $8,lga $9,965 51,787 22'110 JJ 0 9,362,~97,622 100 100 $100.000 $100,000 SO :tt: (,) '0 0 Q I\) .j:>, C125 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 ... 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Conservation Upper ner New Municipality (As or % In Current Value (Modified) In Apportionment Apportionment DEA Based CVA Based amount % Change 3CO Authority Janua'Y 1998) CA Assessment (eVAI W te h d P ta P ta A rtf t Ap rtI t Indicates In Levy (Modified) a rs e ereen ge ercen ge ppo onmen po onmen Increase levy lif with CVAI :. -'11 I\) o 51 Clall Region Kent County Chatham.Kent g 51 Cla,r Region Kent County Chatham.Kent 51 Clair Region Kent County Chatham.Kent ::!! 51 Clair Region Kent County Chatham-Kent S; 51 Clan Region Kent County Chalham-Kent Z o 51 Clair Region Kent County Chatham-Kent m 51 Clair Region Kent County Chatham-Kent ~ , ~ 5t Clair Region Lamblon County AMnston V 100 28,991,850 28,991,8SO 0.3808 02320 $862 $1.340 $479 0 51 Clall Region Lambton County Bosanquet T 0 483,898,159 0 0 ??oo 0 ??oo $0 $0 $0 ~ 5t Clair Region Lambton County Brooke Tp 100 109.942.355 109,942.355 1.4898 1 5410 $5,725 $5,460 -5285 -5% ~ 51 Clair Region Lamblon County Dawn-Euphemia Tp 18 ,lt~~.4~~ 23,243 287 o.31~ t8811 $10,703 $1154 -59 549..sg~ ffi 51 Clair Re910n LamblonCounty Dawn-EuphemlaTp ~!%->r1&i_J.'t';,~~_i1I_~ ~ 51 Clair Region Lambton County Ennls"'Uen Tp 100 139,092.375 139,092.375 1.8593 1 4703 $5,462 $8,907 $1,445 28% 0 51 Clair Region LamblonCounty ForestT 100 99,328,895 99,328,895 1.3278 1.0603 $3,939 $4,933 $994 25% ~ 51 Clair Region Lamblon County Moore Tp 100 598,514,693 596,514,893 7.9739 10 6594 $39,600 $29,623 -59,977 .25% PJ 51 Clair Region Lambton County 011 Springs V 100 22,424.529 22.424,529 O,2998 01696 $630 $1,114 $454 77% 0 . ~ 51 Cla.r Region Lambton County Peboha T 100 144.006,794 144.006.794 1.9250 1.6735 $8,217 $7151 $934 15% s:: 51 Clair Region Lamblan County Plympton Tp 100 273,809,828 273,809,828 36601 22888 $8.S03 $13.597 $5,095 60% ~ 51 Clair Region Lamblon County Point Edward V 100 137,880,538 137,860,538 1 8428 1 8684 $8.198 $8,846 $646 10% -l )> 51 Clair Region Lambton County Samla C 100 3,089,917,890 3,089,917,890 41.3043 46.7959 $173,847 $153,445 -$20,401 -12% 0 51 Clair Region Lamblon County 50mbra Tp 100 257,727,923 257,727,923 3.4452 3.5707 $13,285 $12,799 -$466 -4% ~ 51 Clair Region Lamblon County WarwtckTp 93 173,514,116 161368130 2.1571 1.9615 57 287 $8,014 5727 10% 0 Ww.;~'W..%:@~%"W1 '"', ~ ': " ., ~.~ ,* ,.,.N:-' :'<>'>:<::' 'x. ,/.'fJ.oJ'x '/' v;",,' :IJ Sl Clair Region lambtanCounty WarwlckTp .f$.,{fdWd.lit;ff.f{j~~r..:rJJ:;~t?:rgt1~-;r. ..q;....f-;.":t-.; :;?"?.o:~~.&~lm:~~~~h~t.:::..~%~i.: ~~S::$:S' -< 51 Clair Region Lambton County Wyoming V 100 74,362,000 74,362,000 0.9940 $3.693 ~ 51 Clair Region Middll!$ex County Adelaide Tp 44 107494.128 47,297416 06322 $2.349 )> 51 Clair Region Middll!$ex County Caradoc Tp 61 341.921,959 208,572,395 2,7881 $10,358 ~ 51 Clair Region Middlesex County Eldrid Tp 28 106,622,719 29,854,381 0.3991 $1,463 ~ (,,) 51 Clair RegIon Middlesex County Metcalfe Tp 100 58,273,390 58,273,390 0,7522 $2,795 0 51 Clair Region Middlesex County MlddlesexCenbeTp 16 925.9~04 148,149185 1.9804 57357 0 ./. ~~~0:-<".N :-: ". .. m. 51 Clair Region Middlesex County Middll!$ex Combe Tp rt1t~;f;;:::.:l~tm,.t:"'_H~..w"",1" 51 Clair Region MIddlesex Counly Mosa Tp 55 58.527,656 32, 190,211 04303 03334 $1,239 $1,599 $360 29% 51 Clair Region MIddlesex County Newbul)' V 100 9,488.550 9,486,550 0,1268 01370 $509 $471 .$38 .7'll. 51 Clair Region Middlesex County Slralhroy T 100 528,972.580 528,972,580 7.0710 57656 $21,419 $28,269 $4,850 23% 7,480,867,166 100 100.0029 $371,SOO $371,500 -$11 9 ~ C133 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 SECTION I - ITEMS FOR AUTHORITY ACTION RES.#C16/00 - 2001 BUDGET PROCESS Outlines the schedule and process for the 2001 budget cycle Moved by' Dick O'Brien Seconded by Joan King THE BOARD RECOMMENDS TO THE AUTHORITY THAT the Finance and Business Development Advisory Board hold a special joint meeting with the Executive Committee on October 13th at 9:00 am to consider the Preliminary 2001 Estimates CARRIED BACKGROUND Each year, commencing in August and September, staff prepares for submission to the Finance and Business Development Board, preliminary estimates of the Authority's operating and capital budget requirements. The Estimates must meet the information and scheduling needs of the Authority's major funding partners, the Regions of Peel, York and Durham and the City of Toronto In 1996, the Authority prepared a detailed 3 year business plan which has been updated each year In 2000, the Authority has begun a process to completely revise the 3 year business plan as the Implementation tool for the Living City fund raising campaign The business plan is being prepared and will be available in time for the final budget. RATIONALE The Authority's funding partners require preliminary capital and operating estimates in September In some cases, five year projections are required. Where the scheduling requires it, staff submit the estimates to the municipal staff with the caveat that the submission is subject Board and Authority approval In the case of Durham Region, staff of the five conservation authorities with jurisdiction in Durham are, at the Region's request, preparing a joint budget submission Staff is proposing that the Board hold a special meeting on October 13th (at 9 am) to consider the preliminary estimates. If approved by the Board, the estimates will be submitted to the October 27th Authority meeting for approval This schedule enables staff to meet with municipal budget staff to determine how the Authority's preliminary funding needs and expenditure programs fit with those of the participating municipalities. The Authority's 2001 Budget will be developed based on these discussions. The Budget will be submitted to the Board in March or April of 2001 usually following the municipal budget approvals The Preliminary Estimates will be submitted to the Board without extensive narrative The narrative is being developed as part of the Business Plan process The estimates will Include a high level description of key programs as well as any significant changes relative to past budget submissions. As always, staff will provide specific details in answer to any questions the Members may have For information contact: Jim Dillane, extension 6292 Date. September 11 th, 2000 September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 C134 RES.#C17/00 - 2000 FI NANCIAL PROGRESS REPORT As of August 27th, 2000 Presents the financial results as of August 27th, 2000, and projections to year end Moved by' Maja Prentice Seconded by' Joan King THE BOARD RECOMMENDS TO THE AUTHORITY THAT the Financial Progress Report as of August 27th, 2000, be received CARRIED BACKGROUND The Authority receives from staff regular reports on financial progress in terms of actual performance measured against budget. These reports also project expenditures and revenue to year end based on performance to date. Staff identify action to be taken as necessary to ensure a balance budget at year end RATIONALE The attached financial progress report includes a narrative description of the variances identified in the summary table The "bottom line" is that if the trends in revenue and expenditure were to continue to year end with no corrective action, the Authority would end the year with a potential deficit of about $696,000 Staff has identified the following actions to deal with the potential deficit: . Administrative expenditure reductions $ 24,000 . Slack Creek Pioneer Village (combination of expenditure reductions Le advertising, Xmas decorations, staff gapping, and some revenue additions) 146,000 . Conservation Areas & Kortright Centre (various expenditure reductions) 70,000 . Gapping of Vacant position 60,000 . Seeking additional grant support to finance OMS hearings on the Oak Ridges Moraine 150,000 . Use of Reserves to offset sick leave/retirement costs 50,000 . Various fund raising initiatives commencing in the fall anticipated to produce undesignated donations 196.000 Total expenditure/revenue activities to reduce potential deficit $696,000 DETAILS OF WORK TO BE DONE Staff will be completing an updated variance report at the end of September, the results of which will help determine further actions to deal with the potential deficit. As in past years, staff will keep the Soard informed of financial progress during the last quarter of the year For information contact: Ralph Kofler, extension 5274, Jim Dillane, extension 6292 Date: September 11 th, 2000 Attachments (1) C135 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 Attachment 1 THE TORONTO AND REGION CONSERVATION AUTHORITY FINANCIAL PROGRESS REPORT FOR THE PERIOD JANUARY 1, 1999 TO AUGUST 27, 2000 September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 C136 Page 1 OPERATING AND CAPITAL BUDGET' VARIANCE OVERVIEW Projected operating Deficit before constraints: $696.0 thousand Projected Capital Variance: $ 0.0 thousand Total Variance $ 696.0 thousand Operating Overview' The major components of the projected operating results are as follows. . Conservation Foundation of Greater Toronto: fundraising for the Living City corporate campaign is going well with over $1 1 million of donations either received or pledged. A large portion of that amount has been designated for specific projects, however, rather than for general undesignated purposes as was budgeted. This along with a small anticipated shortfall in the Conservation Journeys campaign is expected to result in a shortfall in the amount of funds transferred to the TRCA of about $198 thousand . $145.9 thousand negative variance for Slack Creek Pioneer Village programming Attendance levels are below 1999 and below budget which accounts for most of the shortfall in admissions, gift shop, and food revenue. A provincial testing exercise for Grade 3 students diverted a sizable portion of that traditional audience and reduced revenue from the Education program by about $25 thousand In addition $50 thousand of extra costs were incurred because of unexpected mechanical systems failures. . $66 4 thousand net shortfall for the Conservation Areas and Kortright. Poor summer weather has impacted attendance (although the Indian Line campground continues to do very well) and a number of revenue targets are not expected to be fully achieved. This will be somewhat offset by savings such as not filling some staff positions that have become vacant. In addition some unscheduled major maintenance needs surfaced, particularly at Kortright. . Land Use Planning was about $85 0 thousand net over budget but is actually higher because of a shift in the amount of the Enforcement group allocated to this activity The OMS hearings concerning the Oak Ridges Moraine have been extended and costs are expected to be about $150 0 thousand over budget. Additional funding to offset this shortfall will be sought. . Conservation Field Centres. projected $45 6 thousand shortfall primarily as a result of problems with water quality at the Claremont Centre. The Centre was closed for a period which meant lost revenue and the chlorination system had to be replaced. Various other shortfalls I surpluses are shown and noted on the summary page. Capital Overview No variance is projected a this time Please refer to section below for more detail C137 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 Page 2 A complete summary of budgeted and actual results follows the comments section as well as a list of variances by business component with brief explanations. Also attached is a report of revenue results for selected program areas. OTHER ITEMS 2000 At Aug. 27 Total Number of Visitors Target Actual 2000 Actual 1999 Black Creek Pioneer Village 190,000 84,527 178,235 Conservation Areas 500,000 315,677 455,502 Kortright Centre 140,000 85,028 119,933 Conservation Field Centres 36,000 nfa 39,123 Special Proiects Higher than budgeted year-to-date actuals, particularly in the Regeneration, Resource Monitoring, and Watershed Strategies programs, are often attributable to this category "Special Projects" refer to a variety of activities the Authority carries out where speCifically designated, usually one-time funding, is available for things like research, rehabilitation, planting, and plant material costs. Sources include. 1) Employment Programs: government sponsored, job-creation programs 2) Site / Research Specific Initiatives: where special funding is provided from a private or governmental source to carry out some specific research or site work. Major projects include Rehabilitation & Planting, Fisheries Plans, Water Quality Improvement Programs, Habitat Improvement Program, Summer Experience Program and the Environmental Youth Corps Program. Vehicle & Equipment Reserve $20 8 thousand less of a draw on the reserve is projected because of slightly reduced expenditures for equipment replacement. CAPITAL BUDGET Project for Valley and Shoreline Regeneration in the Municipality of Metropolitan Toronto, 1997 -2001 Projected at budget. Lake Ontario Waterfront Regeneration Projects in Toronto and Durham Region, 2000 Projected essentially at budget but changes in specific sites. Rouge Marshes and the Arsenal Lands redevelopment are still waiting for environmental approvals but additional work is proceeding on the Humber Bay and the mouth of Mimico Creek. September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 C138 Page 3 Port Union Waterfront Improvement Project: Projected at budget. Administration Office - Project deferred. Offices for Greater Toronto Services Board - Projected at budget. Funded from reserves and to be recovered from rents in future years. Don Valley Brickworks Regeneration Project, 1994-97 Projected at budget. Etobicoke Motel Strip Waterfront Project: - Projected at budget. Process to settle expropriations still in progress. Toronto Remedial Action Plan - Overall expenditures very close to budget. Slightly less partnership funding projected but no net shortfall Peel Natural Heritage Project: -overall expenditures higher but covered by additional partner funding and carryforward of 1999 levy York Natural Heritage Project: -overall expenditures higher but covered by additional partner funding and carryforward of 1999 levy Public Use Infrastructure Project: Projected at budget except for unbudgeted Baker Sugar Bush development. Kortright Living Machine Project: Projected slightly under budget for education facility development Black Creek Pioneer Village Retrofit Project: Projected at budget. Black Creek Pioneer Village Attraction Development Project: Projected at budget. Waterfront Open Space -projected at budget. Acquisitions include. Former CNR Lands: 1 444 acres easement of L. Ontario shoreline in former City of Scarborough. Former Naccarato property. 140 acres of L. Ontario shoreline in Pickering. Former Leonhardt property. .265 acres of L. Ontario shoreline in Pickering Greenspace Protection and"A"Cquisition Project 1996 - 2000 - projected at budget. Acquisitions include. Former Sugarbush Dev Ltd property. 75 696 acres of Don R. flood plain/valley land in Vaughan. Former Realzon Inc. property. 20 433 acres of Humber flood plain/valley land in Caledon. Former Anpark Dev property. 2.073 acres of Humber flood plain/valley land in Richmond Hill Former Markham Mill property" 2.070 acres of Rouge flood plain/valley land in Markham. Former Watertower Investments property. 1 407 acres of Humber flood plain/valley land in Vaughan. -and several other miscellaneous smaller acquisitions. C139 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 PROGRESS REPORT AS OF AUGUST 27. 2000 SUMMARY OF PROJECTED VARIANCES AT DECEMBER 31 2000 BUSINESS COMPONENT Ex;pondltures ~ Net Ex;pendltures Brief Ex;Dlanatlon $ Overt(Under) $ Overt(Under) $ Overt(Under) . WA TERSHED PLANNING 1) Watershed Strategies (11,800) (11,800) 0 2) Resource MOnllonng 141,900 141,900 0 3) Education' ~~~~~'t!;~jl'~~""'''''''''.):o~o::O~:1(~%-'i~~~Mt.&:~.~.;::t~:;';~o''''~--$j93claremont closure & chlonnatln system 1.0.,.....,.,.0.0.0:-"'... ........ ....~... ..... .......... .~~.of.'.nP-?o.rt.o;J'. .... .,:;t.,.;;,....".':,!... ...... ..... .... .o.'::.f).,>.o.i'.r!-.o.o~.. .. '.J 9 :.?:$?:?:~:?i:t!~:!{~@R~"~:?:?:?:?~:W~~:&~~~'?..?:?~~~:~:?:W~~~1~:f~~~:g~:~~:~_Extra mainl & display creabon costs. 4) Rood Warning 21,000 (1,000) 22,000 More of Enforcement charged here. LAND USE PLANNING SERVICES j);:-~_18-g.~1%~~"":g1~_:St~~~i:g{:i:j.~*.g:t~*:g~%~:g:$~OMB heanngs +$150 net. Less Enforcement $~~~~~:~~~~~~"4~~~:~:~.~SW~~~~.%~$:?~~1$~J?charged here REGENERATION 6) Project Design & Implementation 1 ,029,000 1 ,029,000 o SpeCIal ProJects. I.e. OPGA plantin9s MANAGEMENT OF PUBUC ASSETS Land Management ~~~~~~~~~~'i*~1=t.&~:[g*~1~J5A:g*:g.g:~&*-~~qgO.}~f~:g:i~tg~~ft_Rebrement payout & more Enforcement charged here 9) CA Land Management 6,525 0 6,525 10) Water Management Structures 0 0 0 11) BCPV Infrastructure 0 0 0 :~#~tr~2~~i~~i:iit~~ir~.~~:~.tr~Jg~j.g~:g~~.z~:g~.g$jg~ORC Lands not yet transferred. Lease rev. down. WATERSHED EXPERIENCE 13) Recreation Programs (190,495) (219,900) 29,405 Poorweatheraffecllng revenue Misc cost constraints. :!~J:~~:?~~~~~~~~~~~~:?~:?~~~:?:?I~~~~~~l,~~g~}.Z~~~:?~~~~:~~r_Lower attendance Unexpected maintenance $.j.~M~~~~i't~~fg~~%~~~=%~:%.1%{1~~~%i:1zi'i=%t$1;~Not enough undeslgnated donallons. Vehicle & Equipment Reserve (Net) (20,800) (20,800) 0 1 Ii.! CORPORATE SERIqCES 0 0 0 a) Management SelVlces 13,000 10,000 3,000 b) Corporata Secretariat 0 0 0 c) Development Office 6,400 6,400 0 d) Communlcabons 7,800 0 7,800 e) Human Resources t Safety 0 0 0 f) Office Services 0 0 0 g) Infonnallon Technology 0 0 0 h) Financial Services 0 0 0 OPERATING TOTAL 807.950 113,300 694,650 MNR Transfer Payment 0 Municipal Levy (0) Operating Deficit I (Surplus) 694.650 CAPITAL WA TERSHED PLANNING 1) Watershed Strategies ( Waterfront) 100 100 (0) 2) Resource Monltonng (Waterfront) 0 0 0 REGENERA TlON 6) Regeneration Capital Projects 551,200 444,600 106,600 More worK & rev for Peel & YorK Natural Heritage 7) Land Acquisitions & Disposals 0 0 0 WATERSHED EXPERIENCE Public Use Infrastructure Project 204,200 204,200 o Baker SU9ar Bush Kortnght living Machine (10,000) (10,000) 0 BCPV Retrofit & Development Project 0 0 0 CORPORA TE SERVICES Administrative Office (200,000) (200,000) o Project deferred CAPITAL TOTAL 749,700 438.900 310,800 MNR Transfer Payment 0 MunlcJpal Levy 310,800 Capital Deficit I (Surplus) (0) TOTAL AUTHORITY 694.650 . , en Pagelof2 m TORONTO AND REGION CONSERVAnON AUTHORITY ro 3 PROGRESS REPORT AS OF AUGUST 27, 2000 IN BUSINESS PLAN FORMA T 0- ~ ~ OPERATING 2000 Budget 2000 Actual 2000 Prolected to December 31 _<J1 BUSINESS COMPONENTS Gross Program Other Net: Levy/ Gross Prog...m Other Net Levy! Gn>ss Fn>grwn OIhr Ne1: I.evyf NelEJrp.,tIIlln I\:l 0 . & ACTIVITIES E;1(ftendltures Revenue Sources Grant EJm8lld/tu Revenue Sources G...nf l.:-.........dllurII Revenue Sources Glom IIWfonc:e " 0 S S S S S S S S S S S S S % 0 WATERSHE;D HEALTH ........- :!! 1) Watershed Strategies 1,208,100 545,000 663,100 82S.789 57,~ 335,709 ZW,Q2S 1,1111,30O 200 1133,000 163.100 Z ~ 2) Resource Monltottng 1,054,400 229,900 824,500 B95.ll32 189,118 350,785 175,128 1,111,300 2,900 :lU,900 124,500 Z 3) Education: 0 a) Conservation Field Centres 2,232,200 1,382,300 658,100 191,800 1.313.322 8911.558 512,558 (97,892 2,242,700 1,345,500 159.eoo 237,400 45,900 23.77% m b) Kortrfght Centre 1,458,100 858,200 66,000 533,900 1l63.739 sa4,480 25,741 S53,518 1,414,380 801.000 1lle,BOO 570,580 38,180 6.13% ~ 4) Flood Warning 234 500 1000 233 500 150,256 150'" 255800 ... "'0 22,000 1.42% Z , 6187300 2 241 500 1 499 000 2 446 800 170ll~1 . "'180 '1" BOO ,.u.... ...."" 4.21% 0 3,749,138 1,22.4891 815038 104,580 rn c 5) Advlsory I Technical Clearance 691,000 250,000 75,000 366,000 519,598 148,212 157,187 218.199 871,000 250,000 1110.000 438,000 70.000 19.13\\ ~ b) Permitting/Compliance Monltorlng 914100 248 000 75000 591 100 1l45.53A 158,921 150787 337 825 I .u 300 240 000 110000 90.....0 15,200 2.51% Z 1 605100 498 000 150 000 957 100 1185,131 """-133 307.014 554 025 1.1..... 490 000 180 nno ,.....:100 115,200 lI.llO\\ m en 6) Project Design & Implementation 1 377 900 535 800 408 100 434 000 12.158 1,~"'" 2.... onn ""'00 434 nno en 884.418 l,ll28,862 I 101 700 0 1 377 900 535 800 408 100 434 000 884,418 1 928,562 12.158 1,ll54,304 240UOO 883,200 I 101 700 434 000 m . .~~~ < 7) Land Management: m r a) Property Services 664,900 1,000 663,900 913,583 129.171) 942.733 128,700 128,700 12.800 1.48% 0 b) CA Land Management 578,050 578,050 411,758 10,395 401,381 584,575 sa4,575 8,525 1.13% \l 8) Water Management Structures 110,700 110,700 32,783 32,183 110,700 110,700 ~ 9) BCPV Infrastructure 875,000 875,000 _111 1.474 eoa,ll38 875.000 878.000 m 10) Business Development 1 244 900 1 903 800 5000 f663 900 415,923 124._ 101 ,,.,,"-..., ....000 U07A11O 8000 181'4110 51.500 -7.78\\ Z -I 3 473 550 1 904 800 5000 1 563 750 2.442,138 705,880 1474 1,734,082 >:951975 "'-12,400 "000 1184,575 120 125 7.7311 ~ WATERSHED EXPERIENCE ~ 11) Recreation Programs 2,695,150 2,582,900 16,500 95,750 1,821,512 1,931,185 1,000 tI10,593 2,504,855 2,313,500 a.oOO 125.155 29.405 :10.71% 12) BCPV Programs 3,692,300 2,930,500 247,500 514,300 2,119,245 1,404,433 B.!l54 188,258 3,181,540 2,802,100 211,500 150,240 145_ 28.11% en b) Markellng & Development Iniatives 391100 1391 100 107.594 1107.594 193,200 1113,200 197 ann -40.lla% 0 6 387 450 5 513 400 655 100 218 950 4,000.817 3,335,599 715148 14' 929 1,188,495 . ....M ...... 59' 195 ....45 170.41% :IJ 13) Vehicle & Equipment (Net) 209 400 209 400 0 20.270 101 20 070 1" 600 -< 0 1M BOO 0 0 rn 0 ~ a) Management Services 414,500 414,500 303,154 24,450 219.304 427,500 10,000 417,so0 3,000 0.72% :IJ b) Corporate Secretarlat 177,000 177,000 129,879 129,879 111,l1lX1 111.000 0 c) Development Office 375,500 375,500 328,958 328.ll58 381,900 381,900 'll:: (,) d) Communications 360,800 360,800 201,101 201,108 :lU,800 :lU,BOO 7,_ 2.IBII -- 0 e) Human Resources I Safety 255,400 255,400 185,11l11 101 185,859 255,4llO 255,41l0 0 f) OffIce Services 571,800 571,800 389,995 1.552 388.444 571.eoo 571.aoO g) Information Technology 317,300 5,000 75,000 237,300 153,927 3,8lXl 150.321 317.aoO 5,000 75.000 237,300 h) Ananclal Servlces 513300 250 000 263.300 312.109 177.129 134,379 51......0 250ftIltI 2"'00 2 985 600 255 000 450 500 2.280 100 lll85.489 205.880 33O.5ll!l 1 429 099 . 01' 800 255 000 488 100 '''0 '00 ,0800 0,4711 Corporate Services: % of Total Budget 8.2% 15.3'110 B8'lIo 23.3% 7.8% 14.411 OPERATING TOTAL 22 226 300 10 948 500 3377.100 7.900.700 "'127'98 8.'88 065 2.592.'54 3449 '79 1'3034'50 '0-'- 4...000 8-"50 ll94,Il5O 8.19\\ MNR Transfer Payment 845,500 0 845,500 Rouge Park levy 353,800 269,728 83,872 MunlclnaJ Levv 7 055 200 0 7 055 '00 101 Q Oneratlno Deficit IISumlusl 0 3449179 694 650 694 650 -1>0 0 , Q ~ Pogo 2 of 2 TORONTO AND REGION CONSERVATION AUTHORITY . PROGRESS REPORT AS OF AUGUST 27, 2000 IN BUSINESS PLAN FORMA T JJ CAP IT AL 2000 Budget 2000 Actual 2000 Projected to December 31 Z )> BUSINESS COMPONENTS Gross Program Other Net: Levy/ Gruss Progo.m Othor Not Levy( G..... Program Oth.. Nof.L_ Na Expendlture Z & ACTIVITIES Exoendlturu Revenue Sources Grant Emendlture R.venue so..... Grant :xpend1rura Rewnue Soun:a Granl -co " 0 $ $ $ $ s s s s s s s s S 'lIo m n"J,.." )> Z 1) Watershed Strategl~s ( Waterfront) 88,300 88,300 0 67,744 27 87.717 B8.4Il0 100 (OJ SS,3OD CD C 2) Resource Monltorfng (Waterfront) 125,000 125,000 125,000 125,000 C/J Z REGENERATION m 6) Regeneration Capital Projects C/J C/J Waterfront Regeneration 3,099,400 100,000 825,200 2,174,200 835,674 158,193 485.475 11l2,005 3,128,800 114,200 7U,2Dl 2,22lI,2D0 55,000 0 Port Umon Watefront Improvement 300,000 300,000 88,43<l ll8.43<l 300,000 300,000 m Humber Bay Shores ( Motel Strfp) 300,000 150,000 150,000 93.788 93,768 300,000 150,000 lilD,OOO < Toronto RAP 1,226,000 726,000 500,000 538,070 25,lM8 350,537 161.685 1,2D9,BDD 571,100 ll3lI,700 1:18,700 m Peel RAP 600,000 300,000 300,000 601,382 389,728 69,763 141.871 1.175,BOO 782,a00 392,800 12,800 r 0 York RAP 500,000 300,000 200,000 359,309 117.934 132.028 109,349 156,200 431,1DO 224,300 24,300 "'U Durham RAP 25,000 25,000 25,000 25,000 $: Valley & Shoreline Regen 1,431,150 61,150 1,370,000 382.205 11,7211 41,160\ 329.315 1,441,750 71,750 1,370,000 m Flood Control Z -l Toronto Islands )> Brfckworks 165,000 165,000 93,909 (155,755) 249,860\ 1155,000 1!!1,OOO 0 Arsenal lands Remediation 8.263 232.530 (228.267 :5 C/J 7,646,550 100,000 2,527,350 5,019,200 2.998,988 780,204 1.078,965 1.139.819 ',4Il1,95O 114,200 2,157,751 5,330,000 31o,BDD 0 ::IJ 7) land Acquisitions & Disposals 4,000,000 4,000,000 -< 4,334,370 3,378 432 955.938 4,000,000 4,000,000 CD 0 WA TERSHED EXPERIF'NCE )> Public Use Infrastructure Projects 650,000 150,000 309,000 191,000 668.288 121.827 159,151 385.507 l!I4.2oo 185,200 495,000 181,000 ::IJ Kortrfght Living Machine 50,000 50,000 70 (100,000) 100.070 4Il,OOO 4Il,ooo 0 BCPV Retrofit & Development Project 1,600,000 1,600,000 48.838 46,838 1,100,000 1,800,000 'II: (.oJ -- CORPORATE SERVICES 0 0 Administrative OffIce 200 000 200 000 CAPITAL TOTAL 14359850 4 250 000 3 086 350 7 023 500 8.114.295 1101957 4818.549 2Bll5'" 15109 .... 2715D1l 7,495751 7 334.300 310 BOO C/J MNR Transfer Payment lD Municipal levy 7 023 500 7 334 300 310 BllO CD CaDltal DeficIt IISumlusl 0 2 6S5 888 0 3 0- ~ ~ ,01 I\) 0 0 0 September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 C142 Attachment to Progress Report #1. 2000 THE TORONTO AND REGION CONSERVATION AUTHORITY REVENUE RESULTS FOR SELECTED PROGRAMS FOR THE PERIOD JANUARY 1, 2000 TO AUGUST 27,2000 C143 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 T.R.C.A. REVENUE REPORT DATA SHEET J LOCATION Black Creek Pioneer Village MONTH-END 2000 2000 1999 MONTH DAlE YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN -MAR. Apr9 21,747 0 10,728 APR. May 7 72,831 0 36,719 MAY June 4 261,020 154,680 197,917 JUNE July 2 459,819 411 ,880 490,167 JULY July 30 638,458 601,110 668,293 AUG Aug 27 856,926 830,190 919,468 SEPT Sep 24 1,049,580 1,082,215 OCT Nav5 1,213,000 1,237,523 NOV Dec3 1,343,485 1,380,171 DEC Dec. 31 1,606,000 1,638,792 I I Black Creek Pioneer Village I 2000 1500 ~ .!!! w "0 :J e ffi ~ 1000 > 'tl W c a:: :ll ::l 0 ..c t:. 500 - 2000:Actual 0 Apr9 May 7 June 4 July 2 July 30 Aug 27 Sap 24 NavS Dee 3 Dec. 31 MONTH ENDED September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 C144 T.R.C.A. REVENUE REPORT DATA SHEET . LOCATION Conservation Areas MONTH-END 2000 2000 1999 MONTH DATE. YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN -MAR. Apr9 288,052 218,100 242,523 APR. May 7 412,166 348,100 356,382 MAY June 4 636,177 570,100 565,786 JUNE July 2 985,452 1,137,1 00 1 ,123,430 JULY July 30 1,444,209 1,715,100 1,681,953 AUG Aug 27 1,932,102 2,153,500 2,147,354 SEPT Sep 24 2,373,500 2,370,875 OCT Nav5 2,542,900 2,531,204 NOV Dee 3 2,572,900 2,552,956 DEC Dec. 31 2,582,900 2,574,205 I Conservation Areas I 3 ~ 2 1999~Actual' .!!! w '0 ::J e z 0 w UI - > " w c ~ :J: :J ~ 1 !:::. 0 Apr9 May 7 June 4 July2 July 30 Aug 27 Sep 24 Nov5 Dee 3 Dec. 31 MONTH ENDED C145 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 T R.C.A. REVENUE REPORT DATA SHEET LOCATION Conservation Field Centres MONTH-END 2000 2000 1999 MONTH DAlE YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN -MAR. Apr9 434,839 397,328 346,608 APR. May 7 555,930 529,771 477,292 MAY June 4 664,402 662,214 619,668 JUNE July 2 1,272,095 1,259,890 1,283,888 JULY July 30 1,339,993 1,302,678 1,331,536 AUG Aug 27 1,373,153 1,363,429 1,371,489 SEPT Sep 24 1,495,872 1,439,640 OCT Nov5 1,628,315 1,590,129 NOV Dec3 1,760,757 1,706,247 DEC Dec. 31 1,914,100 1,843,896 I Conservation Field Centres I 2000 1500 Uj" 1999' Actual ... .!!l w '0 :::l e z 0 W Ul 1000 > "C W c a:: ::: 2000 Actual :::J 0 .c t:.. 500 0 Apr9 May 7 June 4 July2 July 30 Aug 27 Sep 24 NavS Dee 3 Dec. 31 MONTH ENDED September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 C146 T.R.C.A. REVENUE REPORT DATA SHEET LOCATION Food Service MONTH-END 2000 2000 1999 MONTH DAIE YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN -MAR. Apr9 58,239 41,862 51 ,769 APR. May 7 91,114 87,743 87,090 MAY June 4 189,369 199,822 151,548 JUNE July 2 372,987 358,897 312,608 JULY July 30 440,268 491.435 484,991 AUG Aug 27 579,331 687,902 670,994 SEPT Sep 24 893,349 795,994 OCT Nav5 1,084,456 922,703 NOV Dec3 1,140,578 992,605 DEe Dec. 31 1,303,100 1,213,061 I Food Service I 1500 I 1000 UJ 0 ~ e z 0 UJ III > "0 1999 Actual UJ c ~ :g = 0 500 E. ~ . 200P~Ac~ual '. 0 Apr9 May 7 June 4 July 2 July 30 Aug 27 Sep 24 NovS Dee 3 Dec. 31 MONTH ENDED - C147 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 T.R.C.A. REVENUE REPORT DATA SHEET LOCATION Interest ( excluding interest allocated to reserves) MONTH.END 2000 2000 1999 MONTH .MIE YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN -MAR. Apr9 57,960 60,000 71,677 APR. May 7 71,735 75,000 86,939 MAY June 4 86,195 90,000 96,482 JUNE July 2 102,020 110,000 117,459 JULY July 30 145,269 135,000 150,660 AUG Aug 27 172,197 160,000 171,968 SEPT Sep 24 185,000 188,428 OCT Nav5 210,000 210,212 NOV Dec3 230,000 233,625 DEC Dec. 31 250,000 266,065 I Interest ( excluding interest allocated to reserves) I 300 250 ~ 200 ~ 2000Actual w "0 ::> e z 0 W III 150 > "C W c: ~ ::l ::l ,g 100 !::. 50 0 Apr9 May 7 June 4 July 2 July 30 Aug 27 Sep 24 NavS Dee 3 Dec. 31 MONTH ENDED September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 C148 T.R.C.A. REVENUE REPORT DATA SHEET LOCATION Kortright Centre MONTH-END 2000 2000 1999 MONTH DAIE YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN.-MAR. Apr9 375,555 295.000 273,443 APR. May 7 448.377 402.800 369,351 MAY June 4 - 492,919 480,800 446.923 JUNE July 2 550,103 558.800 528,960 JULY July 30 577,406 589,800 547,772 AUG. Aug 27 608,745 620,800 580,400 SEPT Sap 24 666,000 612,895 OCT Nov5 757,000 683,642 NOV Dec3 813,000 751,452 DEC Dec. 31 858,200 785,064 858,200 I Kortright Centre I 1000 8011 Ul ... ~ w '0 :) e z 0 600 w U) 2000, Act > 'C W c 0::: :Jl ::s 0 E 400 200 Apr9 May 7 June 4 July2 July 30 Aug 27 Sap 24 Nav5 Dee 3 Dec. 31 MONTH ENDED C149 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 T R.C.A. REVENUE REPORT DATA SHEET LOCATION Plan Review MONTH-END 2000 2000 1999 MONTH DAIf YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN -MAR. Apr9 105,233 96,500 63,637 APR. May 7 138,073 138,200 69,042 MAY June 4 174,683 172,400 112,442 JUNE July 2 217,948 224,900 155,243 JULY July 30 264,458 275,700 205,507 AUG Aug 27 303,133 316,200 241,094 SEPT Sep 24 355,300 275,594 OCT Nav5 391 ,1 00 306,544 NOV Dee 3 434,000 341.169 DEe Dec. 31 490,000 397,688 I Plan Review I 600 500 ~ 400 2000 Bud .!l! w '0 ::J e ffi ~ 300 > '0 W c 0: :Jl 1999 Actual. :l ,g 200 !::. 100 0 Apr9 May 7 June 4 July 2 July 30 Aug 27 Sep 24 Nov5 Dee 3 Dec. 31 MONTH ENDED C151 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 SECTION II - ITEMS FOR EXECUTIVE ACTION RES.#C18/00 - ACCOUNTS RECEIVABLE STATUS REPORT September 6, 2000 Staff report on accounts receivable Moved by' Dick O'Brien Seconded by' Christine Cooper THE BOARD RECOMMENDS TO THE EXECUTIVE COMMITTEE THAT the amount owing from Adit Designs Inc. be written off as it is deemed uncollectible CARRIED BACKGROUND At its meeting #3/91 the Board requested that for each of its meetings staff reports on the status of the Authority's receivables. ANALYSIS The schedule below summarizes the status of receivables, including aging and classification The schedule excludes $5,527 in accumulated interest arrears on invoices outstanding for more than 30 days ACCOUNTS RECEIVABLE AGING, BY CATEGORY (Excluding Municipal Levv and MNR Grant - As at September 6, 2000) 31 TO 61 TO 90 90 PLUS CURRENT 60 DAYS DAYS DAYS TOTAL % SCHOOLS AND SCHOOL BOARDS 19,206 3,564 12,718 3,416 38,904 65% GOVERNMENT 134,779 215,675 7,910 557 358,921 60.2% CORPORATE, INDIVIDUAL AND 37,851 49,448 67,657 43,755 198,711 33.3% COMMUNITY GROUPS TOTAL 191,836 268,687 88,285 47,728 596,536 100.0% % OF TOTAL I 32.2% 45.0% 148% 80% I 100 0% Items in excess of $1 ,OUC) included in the 90-plus-days column, are listed on the following page With the exception of the amount due from Adit Design, these amounts are deemed collectible As Adit Designs is no longer in business staff is recommending that this amount be written off Total receivables at $596,536 are within normal levels. Receivables balances, as reported on each of the previous reports to the Board, after 1996, are presented on the following page September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 C150 - T.R.C.A. REVENUE REPORT DATA SHEET LOCATION Rental/Leases (excludes ORC Lands budget for 2000) MONTH-END 2000 2000 1999 MONTH DATI; YTD TOTAL YTD BUDGET YTD TOTAL $ $ $ JAN -MAR. Apr9 223,687 240,000 151,731 APR. May 7 322,460 320,000 222,146 MAY June 4 401,836 420,000 331,285 JUNE July 2 568,012 520,000 404,672 JULY July 30 635,371 655,000 587,612 AUG Aug 27 724,456 800,000 636,704 SEPT Sep 24 870,000 746,491 OCT Nav5 1,040,000 817,369 NOV Dec3 1,110,000 987,111 DEC Dec. 31 1,287,400 1,301,257 I Rental/Leases (excludes ORC Lands budget for 2000) I 1400 - 1200 ~ 1000 l!! .!!! W "0 800 ::J e z 0 W In > "tI W c 600 0::: ::l ::l 0 .s:: !::. 400 1999 Actual 200 2090 Ac~ual, 0 Apr9 May 7 June 4 July2 July 30 Aug 27 Sep 24 NavS Dee 3 Dec. 31 MONTH ENDED September 15, 2000 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 C152 I DATE I Total I SO-Plus I $ $ Sept~mber 06/00 596,536 47,728 March 19/00 869,266 100,758 February 15/00 1,007,850 42,952 December 30/99 694,198 81,500 October 26/99 531,118 89,630 AUQust 29/99 565,611 97,950 Mav 23/99 392,070 21,841 March 29/99 464,780 61 ,536 February 24/99 342,696 55,726 Auaust 25/98 368,404 118,340 Mav 24/98 319,384 20,946 November 4/97 462,630 13,507 Auaust 25/97 309,242 11 ,420 Mav ?5/97 390,806 79,682 ~lli 27/97 569,509 143,588 February 23/97 624,669 34,911 The list below itemizes accounts greater than $1,000 included in the 90 day plus category ARREARS AGE CLIENT NAME AMOUNT INTEREST (DAYS) $ $ Adlt Designs Inc 3,803.63 1,715,24 766 Ireland Supporters Club 2,464 00 112.55 94 Wild Water Kingdom 35,371.87 Note 136 Note Interest charged as per lease agreement ?? ?? Report prepared by' Rocco Sgambelluri, extension 5232 Date: September 08, 2000 -- C153 FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD #3/00 September 15, 2000 TERMINATION ON MOTION, the meeting terminated at 10 05 a.m , on September 15, 2000 Ron Moeser Craig Mather Chair Secretary Treasurer /ks ~ ITEM 1 , THE TORONTO AND REGION CONSERVATION AUTHORITY , JOINT MEETING OF FINANCE AND BUSINESS DEVELOPMENT ADVISORY BOARD MEETING #4/00 AND EXECUTIVE COMMITTEE MEETING #9/00 October 13, 2000 The joint Meeting of Finance and Business Development Board Meeting #4/00 and Executive Committee Meeting #9/00, was held in the South Theatre, Black Creek Pioneer Village, on Friday, OctolS'er 13, 2000 The Chair Dick O'Brien, called the meeting to order at 9:30 a.m. PRESENT John Adams Member, Executive Maria Augimeri Member, Executive David Barrow Member, Finance Lorna Bissell Member, Executive Raymond Cho Member, Finance Michael Di Biase Member, Executive Joan King Member, Executive & Finance Jim McMaster Vice Chair, Executive Dick O'Brien Chair, Executive REGRETS Randy Barber Member, Finance Christine Cooper Vice Chair, Finance Peter Li Preti Member, Finance Ron Moeser Chair, Finance & Member, Executive Gerri Lynn O'Connor Member, Executive Paul Palleschi Member, Finance Donna Patterson Member, Executive Maja Prentice Member, Finance 154 RES #C19/00 RES.#B138/00 - MINUTES Moved by Raymond Cho Seconded by Joan King THAT the Minutes of Finance and Business Development Meeting #3/00, held on September 15, 2000 be approved. CARRIED RES #C20/00 RES.#B139/00 - MINUTES Moved by Jim McMaster Seconded by Michael Oi Biase THAT the Minutes of Executive Committee Meeting #8/00, held on September 15, 2000 be approved. CARRIED 155 SECTION I - ITEMS FOR AUTHORITY ACTION RES.#C21/00 RES.#B140/00 - 2001 PRELIMINARY ESTIMATES Operating and Capital Presents the 2001 PFeliminary Estimates, Operating and Capital Moved by John Adams Seconded by Joan King THE BOARD RECOMMENDS TO THE AUTHORITY THAT staff be directed to advise the Authority's funding partners of the levy requirements contained in the 2001 preliminary estimates, operating and capital, AND FURTHER THAT staff, including the Chair if available, be directed to meet with representatives of Authority's funding partners to present the 2000 preliminary estimates, operating and capital CARRIED BACKGROUND The Members were advised at the September 15th meeting of the Board, of the process for development of the Authority's 2001 Budget. This is the first formal step in the process, the Board is asked to recommend to the Authority the preliminary estimates including the proposed municipal levy requirements RATIONALE The Chief Administrative Officer and the Director, Finance and Business Development will make a full presentation to the joint meeting of the Finance and Business Development Advisory Board and the Executive Committee at the October 13th meeting FINANCIAL DETAILS As set out in the attached Budget document. For information contact: Jim Dillane, 416-667-6292 Date. October 10, 2000 Attachments. 1 156 c... ~ =: r.l " ;:j , 3 /D Toronto And Region Conservation Authority ::l - ...... 2001 OPERATING AND CAPITAL BUDGET -' en IN BUSINESS PLAN FORMAT --..J As submitted to the Finance & Business Development Advisory Board, Meeting #4/00, and the Executive Committee, Meeting #9/00, October 13, 2000. Page 1 TORONTO AND REGION CONSERVA TtON AUTHORITY 2001 PRELIMINARY OPERA TtNG AND CAPffAL ESTtMA TES IN BUSINESS PLAN FORMA T OPERATING 2000 Budget 2001 Prellmlnarv Estimates BUSINESS COMPONENTS GlOSS PIOf1fl1m Other Net: Levyl Gross Program Other Net: Levyl 01100 & ACTIVITIES lemendllul1l.! Revenue Sources Grant &oendltures Revenue Sources Grant Net Channe s s s s s s s s S WA TERSHED HEAL TH , u......_ 1) Watershed Strategies 1,208.100 545.000 663,100 1,480,000 775,000 705,000 41,900 2) Resource Monitoring 1,054,400 229,900 824,soo 1,210,500 200,000 1,010,500 186,000 3) Education: a) Conservation Field Centres 2,232,200 1.3ll2.3OO 658,100 191,800 2,312,300 1,422,000 615,600 274,700 82,900 b) Kortrlght Centre 1,458,100 858,200 66,000 533,900 1,407,400 851,700 9,500 546,200 12,300 4) Flood Wamlng 234,soo 1000 233.500 247300 1500 245 800 12300 8,187,300 2,241.500 1.499 000 2.448,800 6 657 500 2 275 200 1 600 100 2 782 200 335.400 LAND USE PLANNING SERVICES 5) AdvlsorY, I Technical Clearance 891,000 250,000 75,000 366,000 997,600 300,000 322,500 375,100 9,100 b) Permitting/Complianca Monitoring 914,100 248,000 75,000 591,100 1 166.200 261 500 322.500 582.200 18 900 1,605,100 4QR 000 1"" mn 957,100 2163800 561.500 645 000 957 300 200 REGENERATION 6) Project Design & Implementation 1,3n 900 535 AM 408,100 434 000 1 379.400 535 800 408.100 435 500 1500 ~ , 1,3n900 535.800 408,100 434,000 1 379 400 535 800 408 100 435 500 1.500 I ,,. . ftft_~ft (J1 7) Land Management: a) Property Services 664.900 1.000 663,900 678,400 2,000 676,400 12,500 00 b) cA Land Management 578.050 578,050 668,000 668,000 89,950 8) Water Management Structures 110.700 110,700 110,700 110,700 9) BCPV Infrastructure 875,000 875.000 875,000 875,000 10) Business Development 1.244 900 Il103,800 5,000 1663,110O 1 542 700 2126.100 1583 400 80.500 3,473.550 1 904,800 5,000 1,583,750 3,874 800 2 128 100 1 746700 182950 WATERSHED EXPERIENCE 11) Recreation Programs 2,695,150 2,582,900 18,soo 95.750 2,510,300 2,502,200 0 8,100 (87,650 12) BCPV Programs 3,692,300 2,930,soo 247,soo 514,300 3,767,200 2,959,400 225,500 582,300 68,000 b) Marketing & Development Inlatlves 391100 1391100 655.300 1655 300 1264 200 8,387,450 5,904,500 264,000 218,950 6.277 500 6116900 225 500 164 900 1283 850 13) Vehicle & Equipment (Net) 209,400 0 209,400 0 117 6001 117600\ 0 141 a) Management Services 414.500 414,500 417,800 417,800 3,300 b) Corporate Secretariat In,OOO In,OOO 183,200 183,200 6,200 c) Development Office 375.500 375,500 436,800 436,800 d) Communications 360.800 360,800 425,800 425,800 65,000 e) Human Resources I Safety 255.400 255,400 261,300 261,300 5,900 f) Office Services 571,800 571,800 646,200 646,200 74,400 g) Information Technology 317,300 5,000 75,000 237.300 250,000 250,000 12,700 h) Financial Services 513,300 250.000 283,300 534.400 250 000 284 400 21100 2,985.800 255.000 450,soo 2,280 100 3 155500 250 000 436 800 2 468 700 188.600 Corporate Services. % of Total Budget 82% 8.9% OPERATING TOTAL 22 226 300 11 339 800 . 966 000 7 900 700 23 490 900 11 867500 3 297 900 8 325 500 424 800 MNR Transfer Payment 845,500 845,500 Municloal Levv 7,055,200 7 480 000 424,800 ODeratlnn Deficit iiSumlusl 0 0 10 ROUGe Park Interim Mananement 353.800 269,n8 83.872 364.200 280.328 83 872 Page 2 TORONTO AND REGION CONSERVA TlON AUTHORITY 2001 PRELIMINARY OPERA TING AND CAPITAL ESTlMA TES IN BUSINESS PLAN FORMA T CAPITAL 2000 Budget 2001 Prellmlnarv EsUmates BUSINESS COMPONENTS Gt'D55 Program Other Net: Levy! Gross Program Other Net: Levy/ 01/00 & ACTIVITIES I ExPenditures Revenue Sources Grant ExlJenditures Revenue Sources Grant Net Change S S S S S $ S $ S . .......- 1) Watershed Strategies ( Waterfront) 88.300 88,300 88,300 88,300 2) Resource Monitoring (Waterfront) 125,000 125,000 300,000 300,000 175,000 REGENEIiATION 6) Regeneration Capital Projects Waterfront Regeneration 3,099.400 100.000 825.200 2.174.200 2,881,700 100,000 715,000 2,066,700 (107,500 Port Union Watefront Improvement 300,000 300,000 2,250,000 1,500,000 750,000 450,000 Humber Bay Shores ( Motel Strip) 300,000 150.000 150,000 1,800,000 900,000 900,000 750,000 Toronto RAP 1,226.000 726.000 500.000 1,904,500 954,500 950,000 450,000 ...Ii Peel RAP 600.000 300.000 300,000 609,000 309,000 300,000 York RAP 500.000 300.000 200.000 531,000 231,000 300,000 100,000 01 Durham RAP 25.000 25.000 264,500 264,500 239,500 to Other Envlronrmental Projects 950,000 950,000 950,000 Valley & Shoreline Regen, 1.431.150 61.150 1,370.000 1,400,000 1,400,000 30,000 Flood Control 300,000 300,000 300,000 Brickworks 165.000 165,000 7,646,550 100,000 2,527,350 5.019.200 12,890,700 100,000 4,609,500 8,181,200 3,162,000 7) Land Acquisitions & Disposals 4,000,000 4,000,000 6,000,000 4,000,000 2,000,000 2,000,000 WATERSHED EXPERIENCE Public Use Infrastructure Projects 650,000 150,000 309.000 191,000 200,000 9,000 191,000 Albion Hills and Indian Line Campgrounds 300,000 300,000 300,000 Petticoat Creek Pool Retrofit/Claremont CFC 134,641 134,641 134,641 Baker Sugar Bush 100,000 100,000 100,000 Kortright Living Machine 50,000 50,000 BCPV Retrofit & Development Project 1.600.000 1.600,000 1,600,000 1,600,000 CORPORA TE SERVICES Administrative Office 200,000 200.000 500 000 500 000 500 000 CAPITAL TOTAL 14359850 4250 000 3 088 350 7 023.500 22113641 4100000 4618500 13395141 6371 641 MNR Transfer Payment Municical Lew 7,023.500 13395141 6371.641 Capital Deficit I (Surplus) 0 0 10 ~ M ~ ~ ~ ~ ~ 00 ~ ~ M ~ N ~ 0 ~ ID ~ M Q..J> ~ ~ ~ ~ ~ ~ m ~ ~ ~ g~<> ~ ~ N M ~ 0 ~ m 00 I-W~ ~ ~ ~ ~ m 00 ~ ~ N ~ ~ ~ ~ ~ m ~ l1. 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RES.#C22/00 RES.#B141/00 - IMPACT OF NEW APPORTIONMENT SYSTEM Possible Changes to CA Regulation The Province has required that a new funding apportionment formula be developed based on Current Value Assessment (CVA) A proposed formula has been developed by Conservation Ontario in consultation with the Association of Municipalities of Ontario, staff of the Province of Ontario and two representatives from the Association of Clerks and Treasurers Moved by John Adams Seconded by Joan King THAT the report dated September 8th, 2000, on possible changes to CA regulation and Impact of New Apportionment System, be received. CARRIED BACKGROUND The apportionment of conservation authority levies among participating municipalities is governed by a regulation under Section 27 of the Conservation Authorities Act. The previous regulation required the use of Discounted Equalized Assessment (DEA) to determine how the benefit (costs) of conservation authority operations are apportioned among the participating municipalities which fall within CA watersheds, and whose programs are deemed generally benefiting All Authorities across the province including the TRCA have used DEA as a basis for distributing the levy among our participating municipalities for generally benefiting programs TRCA has also used a variation on DEA which involved visitor origin information for allocating the levy for our recreation programs These funding formulas were agreed to many years ago 1 by TRCA's member municipalities With the introduction of Current Value Assessment, the previous method (DEA) is obsolete The Province of Ontario must prepare a new regulation to implement its requirement to use CV A as the basis for any new apportionment formula and it has asked Conservation Ontario to make a proposal as a basis for writing the new regulation Until the new regulation is in place, the Province as frozen the apportionment values based on DEA for several years now until a new formula can be developed Conservation Ontario has prepared a draft formula based on CVA in conjunction with representatives of the Association of Clerks and Treasurers of Ontario and AMO The draft proposal may also meet the request by the City of Toronto to change our current apportionment formula to one based on CV A. This needs to be discussed with the City during the 2001 budget process RATIONALE The Conservation Ontario Levy Distribution Task Force proposed a number of recommendations which are being implemented One of the changes involves a new regulation which will create a new formula for distribution of the levy This will not effect projects which are specific to a participating municipality e.g capital projects in the City or Regions 162 One of the issues being reviewed is the degree to which individual authorities can employ a formula other than the recommended one for projects which are deemed to be of a nature that is not generally benefiting to all participating municipalities TRCA, with the agreement of its participating municipalities, has used its own funding formula for recreation/heritage programs and DEA for those administrative programs that affect all municipalities the same Having the ability to manage the portion of the levy which funds non-administrative costs on a basis other than CV A would enable the TRCA to respond effectively to the individual budget needs of the TRCA's major participating municipalities, the Regions of Peel, York and Durham and the City of Toronto If a single CVA formula is applied to all operating levy, the decision of the Authority to increase or decrease the levy will be applied universally A participating municipality which disagrees with the levy will have only one recourse, appealing to the Ontario Mining and Lands Commissioner Another issue being discussed IS the method used to determine the assessment within the conservation authority watersheds As Members are aware, authority boundaries do not follow political boundaries Within the watershed boundaries of conservation authorities, the proportion of assessment accorded to each authority is based on the proportion of the CA area of jurisdiction within each area municipality For example, if 30% of the watershed is within a municipality, then 30% of the assessment of that area municipality is apportioned to that CA This has been a reasonable method for determining the proportion of assessment attributed to each authority but it is not an accurate measure of the actual assessment in each area of jUrisdiction The technology exists to calculate the actual assessment within each watershed This Involves identifying for each assessment roll number the watershed/CA jurisdiction within which the property lies The effect of this change IS unknown and unlikely to be acted upon In time for the 2001 budget process DETAILS OF WORK TO BE DONE This proposal is still being discussed Conservation Ontario has hired Jonathan Wigley of Saker Mackenzie, Solicitors, to draft the proposed regulation Conservation Ontario will submit the proposed regulation to the Province for consideration A recent communicatIon from the Provincial staff indicates that there is interest in having the changes in place for the year 2001 budget. However, this will not be decided until December Staff will continue to work with Conservation Ontario on the proposed regulation Staff will be consulting with the Authonty's funding partners prior to implementation of any changes For Information contact: Jim Dillane, 416-667-6292 Date October 11 , 2000 163 RES.#C23/00 RES.#B142/00 - 2000 FINANCIAL PROGRESS REPORT - UPDATE As of September 24th, 2000 Presents the financial results as of September 24th, 2000, and projections to year end Moved by John Adams Seconded by Joan King THAT the Financial Progress Report as of September 24th, 2000, be received. CARRIED BACKGROUND The Authority receives from staff regular reports on financial progress in terms of actual periormance measured against budget. These reports also project expenditures and revenue to year end based on periormance to date. Staff identify action to be taken as necessary to ensure a balance budget at year end The last report to the Finance Board was at the September 15th meeting and staff advised that a further report would be brought to the October 13th meeting RATIONALE Attached is a summary financial progress report. In September staff advised that the "bottom line", if the trends in revenue and expenditure were to continue to year end and with no corrective action, would result in the Authority at year end having a potential deficit of about $696,000 Staff identified the following actions to deal with the potential deficit. . Administrative expenditure reductions $ 24,000 Black Creek Pioneer Village (combination of expenditure reductions i e advertising, Xmas decorations, staff gapping, and some revenue additions) 146,000 . Conservation Areas & Kortright Centre (various expenditure reductions) 70,000 . Gapping of Vacant positions 60,000 . Seeking additional grant support to finance OMB hearings on the Oak Ridges Moraine 150,000 . Use of Reserves to offset sick leave/retirement costs 50,000 . Various fund raising initiatives commencing in the fall are designed to produce undesignated donations 196,000 Total expenditure/revenue activities to reduce potential deficit $696,000 Staff has taken virtually all of the actions identified previously This results in a projected year end operating deficit of $9900 , virtually a balanced budget. 164 This has not been achieved without impact on operations There have been lay offs in some areas Maintenance has been deferred Positions are being "gapped" which creates Increased work load for other staff On the capital side, it appears that $100,000 previously expected to be received in support of the Kortright Living Machine Project, will not be available. This means that the total deficit associated with the Living Machine Project is about $700,000 This is being addressed as part of the corporate fund raising program in future years DETAILS OF WORK TO BE DONE There are stili many expenditure and revenue variables to be addressed before year end Staff will keep the Board informed of financial progress during the last quarter of the year and advise of significant shifts which may alter the projected year end results For information contact. Ralph Kofler, extension 5274, Jim Dillane, 416-667-6292 Date. October 12, 2000 TERMINATION ON MOTION, the meeting terminated at 1028 a.m , on October 13, 2000 Dick O'Brren Craig Mather Chair S ecretary- Treasurer 165 ITEM 1 ~ , THE TORONTO AND REGION CONSERVATION AUTHORITY MEETING OF THE FINANCE AND BUSINESS DEVELOPMENT BOARD #5/00 January 12, 2001 The Finance and Business Development Board Meeting #5/00, was held in the Humber Room, Head Office, on Friday, January 12, 2001. The Chair Ron Moeser, called the meeting to order at 9:08 a.m. PRESENT David Barrow Member Raymond Cho Member Christine Cooper Vice Chair Joan King Member Ron Moeser Member Dick O'Brien Chair, Authority REGRETS Randy Barber Member Peter Li Preti Member Paul Palleschi Member Maja Prentice Member RES.#C24/00 - MINUTES Moved by Raymond Cho Seconded by David Barrow THAT the Minutes of Meeting #4/00, held on October 13, 2000, be approved. CARRIED 166 !,. , ......"11 """V" . -< I' ~.~ f' . ~).; l ~ .'lHiti SECTION I - ITEMS FOR AUTHORITY ACTION RES.#C25/00 - ONTARIO REGULATION 670/2000 Use of Modified Current Value Assessment for Municipal Levy Assessment. Moved by Joan King Seconded by David Barrow THAT the communication dated January 2, 2001, on Ontario Regulation 670/2000, use of modified current value assessment for municipal levy assessment, be received. CARRIED BACKGROUND Staff reported to the Board in October of 2000 (Resolution # C22/00 and B 141/00) on the potential implications of proposed changes to the regulation governing the apportionment of conservation levies among participating municipalities By way of background, the following is extracted from the October communication The apportionment of conservation authority levies among participating municipalities is governed by a regulation under Section 27 of the Conservation Authorities Act. The previous regulation required the use of Discounted Equalized Assessment (DEA) to determine how the benefit (costs) of conservation authority operations are apportioned among the participating municipalities which fall within CA watersheds, and whose programs are deemed generally benefiting All Authorities across the province including the TRCA have used DEA as a basis for distributing the levy among our participating municipalities for generally benefiting programs. TRCA has also used a variation on DEA which involved visitor origin information for allocating the levy for our recreation programs. These funding formulas were agreed to many years ago by TRCA's member municipalities With the introduction of Current Value Assessment, the previous method (DEA) is obsolete. The Province of Ontario must prepare a new regulation to implement its requirement to use CVA as the basis for any new apportionment formula and it has asked Conservation Ontario to make a proposal as a basis for writing the new regulation Until the new regulation is in place, the Province has frozen the apportionment values based on DEA for several years until a new formula can be developed Conservation Ontario has prepared a draft formula based on CVA in conjunction with representatives of the Association of Clerks and Treasurers of Ontario and AMO The draft proposal may also meet the request by the City of Toronto to change our current apportionment formula to one based on CVA. This needs to be discussed with the City during the 2001 budget process. We have just been advised that the new regulation has been approved and will be in effect for the 2001 budget year 167 Attached is a copy of the new regulation The regulation adopts "modified current value assessment" in accordance with the Fair Municipal Finance Act, 1998, as. the basis for apportionment of the municipal levy in 2001 and subsequent years The regulation provides in Section 3(1), a list of modification factors and defines current value assessment and property class. Staff is consulting with staff of the Authority's participating municipalities and preparing a summary of the financial implications of the new regulation. Additional information will be presented at the meeting of the Board on January 12 and staff will report at a later date once we better understand the implications of this new formula. Report prepared by. Jim Dillane, extension 6292 For Information contact: Jim Dillane, extension 6292 Date: January 02, 2001 RES.#C26/00 - WILD WATER KINGDOM - Short Term Deferral of Payments CFN 23005. Request from Wild Water Kingdom for a short term deferral of payments to the Authority Moved by Jo~n King Seconded by Christine Cooper THE BOARD RECOMMENDS TO THE AUTHORITY THAT Wild Water Kingdom be granted a deferral of payments pursuant to their written request of November 23, 2000; THAT the deferral of payments is subject to interest charges calculated in accordance with the terms of the lease between Wild Water Kingdom and the Authority, from the date the payments were due; AND FURTHER THAT all outstanding payments be resolved by no later than February 28, 2001 CARRIED BACKGROUND Authority staff are in receipt of a written request from Wild Water Kingdom requesting a short-term deferral of monies owing relating to interest charges (1999 only-does not include 2000), realty taxes and the balance of percentage rent owing for 2000, which totals approximately $188,000 The past season was very difficult owing to poor weather conditions impacting attendance at the water park. Additionally, Wild Water Kingdom is currently in the process of negotiating a financing package with 6. potential lender which would lead to a funding commitment of $1,000,000 in working capital They anticipate this financing package to be resolved by the end of January 2001, at which point Wild Water Kingdom has committed to pay the Authority all outstanding payments 168 A copy of Wild Water Kingdom's correspondence of November 23, 2000 is attached RATIONALE The terms of our lease with Wild Water Kingdom allow for a one year deferral of up to $100,000 in rent, which they have exercised In addition to the foregoing, they are requesting a short term deferral of other payments totaling approximately $188,000 This would effectively bring the total in payments owing by Wild Water Kingdom to the Authority to approximately $288,000, plus interest on the deferral and late payment charges for 2000 Authority staff are sympathetic to Wild Water Kingdom's current situation, and are amenable to the short-term deferral request subject to interest being applied to overdue payments in accordance with the terms of our agreement. Under the terms of the lease, the Authority's position is fully secured against the assets of the Park. At the same time, there is recognition that Wild Water Kingdom needs to take a more pro-active approach in providing payments on time and when invoiced Securing a funding commitment from a potential lender will hopefully address this matter and allow Wild Water Kingdom to further invest in the water park. Report prepared by. Luch Ognibene, extension 5284 For Information contact: Jim Dillane, extension 6292 Luch Ognibene, extension 5284 Date January 02, 2001 Attachments. 1 169 . . Attachment 1 .",MCBr ::JK I N G D 0 M... November 23, 2000 Via Facsimile: (416)661-6898 James W Dillane, Director Finance & Business Development The Toronto and 'Region Conse.,rvation Authority 5 8horeham Drive Downsview, Ontario M3N 184 Dear Mr Dillane' Further to our meeting of November 21, 2000, I would like to confirm that we are requesting a deferral of $100,000 of our rent owing for the 2000 season as per the terms of our lease In addition to the one-year deferral of the rent as mentioned above, we are asking for a short term deferral of other monies owing relating to interest charges, 2000 taxes and balance of percentage rent owing, a total amount of approximately $188,000. As discussed, we are very confident that our current discussions with a potential lender will lead to a funding commitment of $1,000,000 in working capital With this working capital available, our commitment to the Conservation Authority will be to immediately payoff all of these amounts that are overdue. It is anticipated that this will all be resolved and paid no later than the end of January 2001 This past season was very difficult for us as the weather was extremely poor for our type of business. There has never, p~en a wetter May and June on record than this year, since Environment Canada has been keeping records (and these records go back 160 years). The precipitation for May and June in Toronto was 295 mm compared with the average 135 mm - an increase of 118% There were only 2 days above 30 degrees compared to 23 such days in 1999 During the summer, the aver~ge number of days with temperatures above 30 degrees is 13 days. It rained during % of the weekends this summer. Rain or the forecast of rain had a major impact in reducing the number of walk-in visitors on the weekends when the park does most of its business Fortunately, the revenue from our group advanced bookings remained strong and this helped maintain our income level to at least a profitable season. ~ ~ 170 Pari. Address. 7855 Finch Avenue West, Brampton, Ontario L6T 3Y7 Tel' (416) 369.0123 Tel (905) 794.0565 Fax (905) 794.1071 ( , Page 2 As usual, we anticipate finalizing and releasing our year-end audited statements in the early part of the new year Our preliminary numbers indicate revenue of approximately $3 8 million for this past season, which is down almost $600,000 from the prior year, a significant decline. As discussed above, we are waiting on our financing package and when this is finalized we will be in a position to respond to your request regarding information on our development plans If I can provide you with any further information. please do not hesitate to call sincer;.' C& ~/~ L -t .- Howard Wolle SSc. CA HW'mv 171 REs.#C27/00 - LITTLE MEN FilMS INCORPORATED - Restoration of lease lands Claremont Conservation Area, Duffins Creek Watershed, CFN 29696 Status update regarding the restoration and site clean-up associated with the former film set on lands leased by Little Men Films Incorporated at the Claremont Conservation Area, Duffins Creek Watershed, City of Pickering. Moved by Christine Cooper Seconded by' Dick O'Brien THE BOARD RECOMMENDS TO THE AUTHORITY THAT staff be directed to commence planning for site restoration work of the former Little Men Films Incorporated film set at the Claremont Conservation Area, AND FURTHER THAT the unused balance ofthe $100,000 se~urity deposit be returned to Little Men Films Incorporated upon satisfactory completion of all site restoration and clean-up work. CARRIED BACKGROUND In July of 1998, Authority staff were approached by Alliance Productions Incorporated with a proposal to use a portion of the Authority's Claremont Conservation Area for the purpose of filming a new television series entitled "Little Men" The proposal entailed the construction of two temporary film sets designed to be quickly erected and torn down on the completion of filming The original licence agreement with Alliance Productions ended on February 28, 1999, and the series was taken over by the Coscient Group who renewed the licence agreement from March 1, 1999 to December 31, 1999 The licence agreement was then mutually extended on a month to month basis in order to allow Little Men Films Incorporated the opportunity to pursue securing a third season for their show, or alternatively make arrangements for the transfer of the agreement to a third party interested in filming at Claremont; neither option materialized, and on June 30th, 2000, the licence agreement between Little Men Films Incorporated and the Authority came to an end Under the provisions of the agreement, Little Men Films Incorporated was to have restored the film set lands reasonably close to their original condition within sixty (60) days of the termination, failure to do ;0 would allow the Authority to complete these works drawing upon the $100,000 security deposit provided for this purpose by Little Men Films Incorporated The site was to be restored by the end of August, 2000, however Little Men Films encountered significant delays, and by last Fall had only completed the removal of the set and some preliminary grading work. A site meeting with representatives for Little Men Films Incorporated to review the progress made with respect to restoring the site identified the following matters which remained outstanding . need to import, place and rough grade fifty loads of topsoil to provide minimum 75 mm (3") depth over all affected areas, 172 . need to fine grade and hydroseed to grass cover all exposed areas, estimated at approximately 20,000m2 (215,285 sq ft.), . removal and restoration of vehicular access from Sideline Twelve, including the replanting of this area with native shrubs and trees, . repair to the internal road network as a result of the use of this road by heavy equipment and machinery as part of the site clean-up The current total estimated cost to undertake these works is approximately $55,000 Authority staff would complete all work, with the exception of the repair to the internal road network which would be completed by an independent contractor retained by the Authority For the past couple of months Authority staff has been attempting to secure a release and agreement from Little Men Films Incorporated regarding the final restoration work and associated costs No progress has been made in this regard As such, Authority staff will commence planning for final site restoration work this coming spring, and upon satisfactory completion of all work will remit the unused balance of the security deposit monies to Little Men Films Incorporated Staff has received legal advice from the Authority's solicitor, Gardiner Roberts, confirming that this is an appropriate course of action WORK TO BE DONE Final site restoration works will commence this spring Upon satisfactory completion, the unused balance of the security deposit monies will be remitted to Little Men Films Incorporated Report prepared by. Luch Ognibene, Extension 5284 For Information contact: Luch Ognibene, Extension 5284 Date. January 02, 2001 RES.#C28/00 - RECORDS RETENTION SCHEDULE AND POLlCY Annual update. Report recommending updates to the Authority's Records Retention Schedule and Policy Moved by' Dick O'Brien Seconded by Christine Cooper THE BOARD RECOMMENDS TO THE AUTHORITY THAT the Summary of Alterations of the Records Retention Schedule and Policy, dated December 18,2000 be approved. CARRIED BACKGROUND Regularly, the Authority updates its Records Retention Schedule to reflect various operational and legal changes which may occur The Schedule and Policy is the backbone for the Records Management system in that it governs the life of all Authority Records Accordingly, it is adjusted yearly 173 RATIONALE The Summary of Alterations is attached for the Retention Schedule The Policy remains unaltered Report prepared by' John Annunziello, extension 5272 Date. December 19, 2000 Attachments: 2 174 Attachment 1 SUMMARY OF ALTERATIONS Outlined below is a summary of alterations which have been made to the Records Retention Schedule & Policy as of December 18, 2000 FINANCIAL The following Retention Schedule has been changed MNR Claim Files (10 years) has been changed to (25 years) WATERSHED STRATEGIES The following new section has been added 2 years Budget 2 years General Correspondence 10 years Membership Information Permanent Minutes 5 years (Sub) Committee 25 years Projects (Concepts/Community Action Sites) Permanent Programs 5 years Publications Permanent Statistics Permanent Studies & Reports 5 years Special Projects/Events 5 years Public Meetings/Workshops 10 years Legal Listed below are the Sub-Series which will be under each Main Series. Carruthers Creek Watershed Don River Watershed Duffins Creek Watershed Etobicoke Creek Watershed Highland Creek Watershed Humber River Watershed Mimico Creek Watershed Petticoat Creek Watershed Rouge River Watershed Waterfront N/A All Watersheds 175 Attachment 2 RECORDS RETENTION POLICY 1.0 PURPOSE This policy provides for the retention, storage, micro-filming and destruction of Authority reports and documents, as appropriate Procedures based on the policy will serve to facilitate the keeping of Authority records, establishment of the authenticity of records and destruction of records at appropriate times 2.0 DEFINITIONS AND TERMINOLOGY For the purpose of this policy' a) "File" or "Record" shall mean the composition of documents, reports, receipts, vouchers, instruments, plans, surveys and any other papers, be it in their original form or a microform, that is certified by an authorized officer of the Authority or in a form of a computerized printout. b) "Record Centre" is a designated storage area where files are stored for their specified retention period c) "Records Retention ~ chedule" determines the retention periods for all categories of files currently being held by the Authority d) "Active" files are those in current use by a Division e) "Semi-Active" files are those not in current use, but which are required to be kept for a specified retention period 3.0 RECORDS RETENTION PRINCIPLES For purposes of this policy, the following principles shall be applied in the retention of records by the Authority' . All files and records created by the Authority shall be categorized in accordance with the Records Retention Schedule attached to this policy, and governed by the retention dates defined for each category . With the exception of the Financial Records category and the Executive Records category, all files shall be registered with a Central Filing Number which will clearly identify the category of the record and its retention period . At the conclusion of each record's retention period, the record shall be brought to the attention of the Division Director responsible who may extend the retention period by up to one year . Files and records may be reviewed by the Chief Administrative Officer or his designate for the purposes of eliminating duplication of individual documents . No records shall be destroyed without written authorization from the Director responsible or the Chief Administrative Officer . Wherever feasible and in accordance with legal requirements, documents shall be microfilmed in accordance with the National Standard of Canada CAN2-72 11-29 entitled "Microfilm as Documentary Evidence" Procedures for microfilming will be those generally accepted by the Government of Canada, Ministry of National Revenue Originals and written copies of documents, having been microfilmed in accordance with the National Standard of Canada, may be destroyed This policy shall apply to documents previously microfilmed 176 SECTION IV -ITEMS FOR THE INFORMATION OF THE BOARD RES.#C29/00 - ACCOUNTS RECEIVABLE STATUS REPORT December 30,2000 Staff report on accounts receivable. Moved by David Barrow Seconded by Raymond Cho IT IS RECOMMENDED THAT the report on accounts receivable of the Authority, as of December 30, 2000, be received. CARRIED BACKGROUND At Meeting #3/91 the Board requested that for each of its meetings staff reports on the status of the Authority's receivables ANALYSIS The schedule below summarizes the status of receivables, including aging and classification The schedule excludes $6,096 in accumulated interest arrears on invoices outstanding for more than 30 days ACCOUNTS RECEIVABLE AGING, BY CATEGORY (Excluding Municipal Levy and MNR Grant - As at December 30, 2000) 31 TO 61 TO 90 90 PLUS CURRENT 60 DAYS DAYS DAYS TOTAL % SCHOOLS AND SCHOOL BOARDS 180,250 51 ,285 65,296 8,940 305,771 30.2% GOVERNMENT 298,200 157,797 141,454 51,150 648,601 640% CORPORATE, INDIVIDUAL AND 28,112 19,764 3,882 7,891 59,649 5.9% COMMUNITY GROUPS TOTAL 506,562 228,846 210,632 67,981 1,014,021 100 0% % OF TOTAL 500% 226% 20.8% 67% 100 0% Items in excess of $1 ,000, included in the 90-plus-days column, are listed on the following page. These amounts are deemed collectible. Total receivables at $1,014,021 are within normal levels for this time of year, and will, in fact, increase when final year end invoicing is completed These balances exclude an amount due from Wild Water Kingdom of approximately $188,000 plus interest, as required under the terms of the lease agreement. Receivables balances, as reported on each of the previous reports to the Board, after 1996, are presented on the following page 177 DATE Total gO-Pius $ $ December 30/00 1,014,021 67,981 September 06/00 596,536 47,728 March 19/00 869,266 100,758 February 15/00 1,007,850 42,952 December 30/99 694,198 81,500 October 26/99 531,118 89,630 August 29/99 565,611 97,950 May 23/99 392,070 21,841 March 29/99 I 464,780 61,536 February 24/99 342,696 55,726 August 25/98 368,404 118,340 May 24/98 319,384 20,946 November 4/97 462,630 13,507 August 25/97 309,242 11 ,420 May 25/97 390,806 79,682 April 27/97 569,509 143,588 February 23/97 I 624,669 34,911 178 '\ I The list below itemizes accounts greater than $1,000 included in the 90 day plus category ARREARS AGE CLIENT NAME AMOUNT INTEREST (DAYS) $ $ Environment Canada 7,49000 n\a 280 Regional Municipality of York 30,51407 n\a 136 Ci , of Pickering 5,88500 454 82 175 Ci , of Pickering 429 54 7,00000 140 I To pnto District School Board 8,881 00 405 67 98 .~ 59,77007 1 ,290 03 Report prepared by. Rocco Sgambelluri, extension 5232 Date. January 04, 2001 TERMINATION ON MOTION, the meeting terminated at 956 a.m., on January 12, 2001 Ron Moeser J Craig Mather Chair Secretary-Treasurer /ks 179