City of Toronto launches rate supported budgets for Solid Waste Management Services, Toronto Water and Toronto Parking Authority |
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The 2014 Staff Recommended Rate Supported Capital and Operating Budgets for the City of Toronto's Solid Waste Management Services, Toronto Water, and Toronto Parking Authority were presented at the City's Budget Committee today.
The Solid Waste Management Services budgets include a 3% rate increase that will help balance its fiscal constraints, while maintaining critical progress on waste diversion initiatives, operational improvements and capital investments in state of good repair and new infrastructure.
Toronto Water's rates and budgets (including the 9% increase) ensure the City can continue to provide quality drinking water and wastewater services while dealing with the impact of extreme storms and aging infrastructure. The 2014 Recommended Capital Budget includes $61 million for the Basement Flooding Protection Program, $962 million in the 10 Year Capital Plan and $334 million for infrastructure renewal to reduce the $1.6 billion infrastructure renewal backlog to only $92 million by 2023.
The recommended 2014 Operating and Capital Budgets for the Toronto Parking Authority are aimed at satisfying the parking needs of many businesses and communities in Toronto.
"The rate supported operating budgets and 10 year capital plan presented today demonstrate the City's commitment to maintaining our current service levels, improving our infrastructure and providing excellent customer service to residents," said Mayor Rob Ford. "With the budgets presented today, Solid Waste Management Services will be able to maintain all current major services while supporting efforts to increase waste diversion, and Toronto Water will be able to repair, maintain and enhance the City's aging infrastructure.”
Mayor Ford added, "The Toronto Parking Authority continues to capitalize on joint venture development opportunities with the public and private sector, with 13 new projects in this year's capital plan."
"Solid Waste Management Services' recommended 3% rate increase provides additional revenue required to support operations, capital projects and waste diversion initiatives in 2014," said Councillor Frank Di Giorgio (Ward 12 York South-Weston), Chair of the City's Budget Committee. "This will help us raise the residential waste diversion rate to 55% in preparation for reaching the target of 70% diversion by 2016. Toronto Water remains an excellent value, and is among the very lowest in the GTA for residents and businesses. Lastly, as an important source of revenue, the Toronto Parking Authority this year will contribute more than $46 million to the City."
Solid Waste Management Services
The 2014 Recommended Solid Waste Management Services budgets consist of:
• The 2014 Recommended Operating Budget of $354.236 million
• The 10 Year Recommended Capital Plan of $686 million, including the 2014 Recommended Capital Budget of $96.573 million.
Key initiatives funded by the 2014 recommended Solid Waste Management Services Budget include:
• The development of a Long Term Waste Management Strategy to guide the division's decision-making for the next 30 to 50 years
• Development of a comprehensive Asset Management Program for transfer stations/yards, closed landfills, the active Green Lane Landfill, vehicles and bins
• Continued program rollout of Green Bin organics collection to multi-residential buildings, school boards and agencies, corporations and divisions
• Enhanced litter collection service
• Plans to expand and maintain reliable processing capacity for organics and single-stream recycling
• Development of an Integrated Management System (IMS) that supports environmental sustainability, quality, and health and safety.
The 2014 recommended Toronto Water budgets are based on a 9% water rate increase. This is a planned increase and part of a multi-year budget and infrastructure plan that calls for an annual 9% increase each year from 2006 up to and including 2014.
Toronto Water's 2014 recommended budgets include:
• Operating Budget of $403.2 million
• Capital Budget of $613.3 million
• 10 year (2014-2023) Capital Plan of $9.1 billion
• Projected revenue of $1.02 billion.
Toronto Water is addressing both its aging infrastructure as well as basement flooding. The recommended rate increase allows the City to protect public health, safety and property in a fiscally and environmentally responsible manner.
2014 Toronto Water Capital Programs
• In 2014, an investment of $334 million will address critical state of good repair projects and reduce the backlog by $41.5 million. The 10 Year Capital Plan provides funding to address all but $92 million in accumulated infrastructure renewal backlog by 2023. Capital work planned for 2014 includes:
- wastewater treatment plant upgrades ($119 million)
- sewer and watermain replacement and rehabilitation ($177 million)
- wet weather flow master plan ($33 million)
- basement flooding protection program ($61 million)
- complete environmental assessments for 33 basement flooding study areas by the end of 2014 (study area 34 to be completed in 2015)
- water meter program ($47 million)
Key Toronto Water capital projects in 2014
• Projects starting in 2014:
- Ashbridges bay Wastewater Treatment Plant, building upgrades
- Highland Creek Wastewater Treatment Plant, odour control upgrades
- Humber Wastewater Treatment Plant, odour control upgrades
- Emery Creek stormwater management ponds
• Future major capital projects
- twinning of the Coxwell sanitary trunk sewer
- Bonar Creek stormwater management pond
- Ashbridges Bay Wastewater Treatment Plant, UV disinfection and outfall
- Ashbridges Bay Wastewater Treatment Plant, integrated pumping station rebuild
- Highland Creek Wastewater Treatment Plant, biosolids master plan implementation
- transmission watermain – F. J. Horgan Plant to Ellesmere Road
Over the past several years, both Solid Waste Management Services and Toronto Water have achieved significant milestones while maintaining progress toward critical waste diversion and infrastructure renewal goals. These milestones and key priorities for the 2014 Budget are outlined in accompanying backgrounders at the link below.
Toronto Parking Authority
The proposed budget for the Toronto Parking Authority (TPA) is a rate-supported budget, as it is not funded by the City's property tax base.
In 2014, the TPA expects to generate approximately $62 million of net revenues for the City, of which 75% will support general City services and the remaining 25% will help fund TPA capital requirements.
The TPA's proposed 2014-2023 Capital Budget and Plan, with anticipated capital expenditures of $396 million, focuses on balancing infrastructure renewal needs for state of good repair, service improvement and growth to meet a forecasted demand for off-street parking. Funding for approximately 39 new carparks, the expansion of eight existing carparks and the redevelopment of another 15 carparks across the city is included in the capital plan.
As a City agency, the Toronto Parking Authority is responsible for providing safe, attractive, conveniently located, well maintained and competitively priced on-street and off-street parking as an integral component of Toronto's transportation system.
Budget Committee continues on November 6 and 12. Executive Committee will then consider these budgets on December 5 and Toronto City Council will consider the budgets for approval on December 16 and 17. Backgrounders, analyst notes and other materials are available at http://www.toronto.ca/budget2014.
Toronto is Canada's largest city and sixth largest government, and home to a diverse population of about 2.8 million people. Toronto's government is dedicated to delivering customer service excellence, creating a transparent and accountable government, reducing the size and cost of government and building a transportation city. For information on non-emergency City services and programs, Toronto residents, businesses and visitors can dial 311, 24 hours a day, 7 days a week.