Budget/Audit Advisory Board Meeting #1/15

Transcription

1 Budget/Audit Advisory Board Meeting #1/15 Chair: Vice Chair: Members: Maria Augimeri Rob Ford Colleen Jordan Gino Rosati John Sprovieri April 10, :30 A.M. WESTON ROOM B, BLACK CREEK PIONEER VILLAGE AGENDA BAAB1. MINUTES OF MEETING #3/14, HELD ON OCTOBER 31, 2014 ( ) BAAB2. BAAB3. BAAB4. BAAB5. BUSINESS ARISING FROM THE MINUTES DISCLOSURE OF PECUNIARY INTEREST AND THE GENERAL NATURE THEREOF DELEGATIONS PRESENTATIONS BAAB5.1 A presentation by Rocco Sgambelluri, Chief Financial Officer, TRCA, in regard BAAB Budget, Operating and Capital. BAAB6. BAAB7. CORRESPONDENCE SECTION I - ITEMS FOR AUTHORITY ACTION BAAB BUDGET, OPERATING AND CAPITAL 3 1

2 BAAB8. SECTION IV - ITEMS FOR THE INFORMATION OF THE BOARD NEW BUSINESS BAAB YEAR END FINANCIAL PROGRESS REPORT 58 NEXT MEETING OF THE BUDGET/AUDIT ADVISORY BOARD TO BE HELD ON JUNE 26, 2015, AT 8:30 A.M. IN WESTON ROOM B, BLACK CREEK PIONEER VILLAGE Brian Denney Chief Executive Officer /jr 2

3 TO: FROM: Chair and Members of the Budget/Audit Advisory Board Meeting #1/15, April 10, 2015 Rocco Sgambelluri, Chief Financial Officer Item BAAB7.1 RE: 2015 BUDGET, OPERATING AND CAPITAL KEY ISSUE Recommends approval of the 2015 operating and capital budget. RECOMMENDATION THE BOARD RECOMMENDS TO THE AUTHORITY THAT WHEREAS the Conservation Authorities Act (CA Act) provides that a conservation authority, in establishing its annual levy, shall have the power to determine the proportion of the total benefit afforded to all the participating municipalities that is afforded to each of them; THEREFORE LET IT BE RESOLVED THAT, subject to such regulations under the Conservation Authorities Act as may be approved by the lieutenant-governor-in-council: (i) (ii) (iii) (iv) all participating municipalities be designated as benefitting for programs included in the 2015 Operating Budget; Toronto and Region Conservation Authority's (TRCA) share of the cost of the programs included in the 2015 Operating Budget shall be raised from the participating municipalities as part of the General Levy; the 2015 General Levy be apportioned to the participating municipalities in the proportion that the modified current value assessment of the whole is under the jurisdiction of TRCA, unless otherwise provided in the levy or a project; the appropriate TRCA officials be directed to advise the participating municipalities, pursuant to the Conservation Authorities Act and the regulations made thereunder, and to levy the said municipalities the amount of the general levy set forth in the 2015 Operating Budget, including property tax adjustments and non-current Value Assessment (CVA) levy, and to levy the said municipalities the amount of the project and special levy set forth in the 2015 Capital Budget and in the approved projects of TRCA; THAT the 2015 Budget, Operating and Capital, and all projects therein, be adopted; THAT TRCA staff be authorized to amend the 2015 Budget, Operating and Capital to reflect actual 2015 provincial transfer payment allocations in order to determine the amount of matching levy as required by the CA Act; 3

4 THAT the cost of property taxes imposed by municipalities on conservation lands owned by TRCA be charged as additional levy to the participating municipalities where the lands are located, excluding the cost of property taxes which are passed on to a third party under a lease or similar agreement; THAT, except where statutory or regulatory requirements provide otherwise, staff be authorized to enter into agreements with private sector organizations, non-governmental organizations or government agencies for the undertaking of projects which are of benefit to TRCA and funded by the sponsoring organization or agency, including projects that have not been provided for in the approved budget; THAT, as required by Ontario Regulations 139/96 and 231/97, this recommendation and the accompanying budget documents, including the schedule of matching and non-matching levies, be approved by recorded vote; THAT the presentation of 2014 budget comparsions and related actuals be amended to conform to the presentation adopted in the 2015 budget document; AND FURTHER THAT authorized TRCA officials be directed to take such action as may be necessary to implement the foregoing, including obtaining approvals and the signing and execution of documents. RATIONALE Enclosed is the recommended 2015 Budget, Operating and Capital. The budget will be presented to the Authority for approval at its meeting scheduled to be held on April 24, Municipal Approvals Estimates are prepared in the summer and fall of each year for submission to TRCA's municipal funding partners. Staff meets with municipal staff as required by the budget processes and schedules as set out by each participating municipality. Presentations are made to municipal finance staff and the committees and councils of the funding partners as required. In the case of Peel Region, TRCA works closely with staff at Credit Valley and Halton conservation authorities to align budget information and requirements. A similar process occurs with York Region where TRCA works closely with the Lake Simcoe Region Conservation Authority. In Durham Region, TRCA staff works with five conservation authorities to align budgets and financial submissions to meet the Region of Durham requirements. TRCA's submissions to the City of Toronto for capital and operating levy are reviewed with senior Finance and Toronto Water staff. The funding identified in the recommended apportionment of the levy reflects the amounts that the municipal funding partners have approved in their 2015 budgets. Contributions from the City of Toronto and the regional municipalities of Durham, Peel and York have received council approval. The Township of Adjala-Tosorontio and the Town of Mono have been advised of TRCA's levy request. 4

5 Notice of Meeting As required by regulation, TRCA has provided 30 days written notice to its member municipalities of the date of the meeting at which the Authority will consider the municipal levy. At the April 24, 2015 Authority meeting a recorded vote on the budget recommendations, including adoption of the non-matching municipal levy, is required. The weighted voting procedure prescribed by regulation will be used, if necessary. MNRF Transfer Payments The 2015 provincial transfer payments to conservation authorities, which must be matched with levy, have not been announced. The 2015 operating budget includes a provision for Ministry of Natural Resources and Forestry (MNRF) transfer payments at an amount equal to the funding received in 2014 or $774, Budget Presentation In order to meet the provisions of the Conservation Authorities Act and the regulations made thereunder, it continues to be necessary to distinguish between general levy (operating) and benefitting levy (capital and special projects.) However, due to the unique budgetary requirements of each of the four major participating municipalities the distinction between operating and capital has been blurred over the years. For this reason the presentation adopted in the 2015 budget continues to focus on the nine service areas of the TRCA business plan, regardless of the underlying nature of the funding. As was the case in 2014, the budget presentation is aligned with the financial statement presentation (excluding for the impacts of tangible capital assets.) Future iterations of the budget document will exclude tangible capital asset (TCA) expenditures, but will include amortization of TCA, in line with the audited financial statement disclosure. Further, during the compilation of the 2015 budget staff became aware of certain adjustments in presentation required to better reflect the work contained in each service area. Consequently, the 2014 budget and actuals presentation has been modified to conform to the presentation used for Operating Budget - Overview of Key Issues Salary/Wage Guideline In October 2014 the Authority adopted a staff recommendation for a wage increase of 2%, effective April 5, TRCA salary and wage adjustments over the last five years, as outlined below, have averaged 1.8% per year, on a simple average basis % % % % % 5

6 Staffing Levels and Costs The full time equivalents (FTEs) included in the operating budget are projected to be for 2015, as compared to for Additional positions in the 2015 budget include: web site developer, senior analyst, deputy CFO, payroll clerk, risk advisor, GIS technicians and three accommodations. Wage and benefit costs within the operating budget amount to $32.5 million or 76% of the gross expenditures, representing an increase of about $1.360 million over 2014 budget. This amount includes the 2% cost of living adjustment noted above as well as above average increases in the cost of the TRCA employee benefit program. Please refer tot he summary of page 8 of the budget document. Operating Expenditures/Revenues The 2015 gross operating expenditure budget is $43.0 million, an increase of $1.4 million or 3.3% over the 2014 budget. The increase in expenditures will be financed by additional general levy of $434,000 (3.4% increase) and project recoveries in the amount of $971,000. The 2015 revenue projections reflect the closing of the water park at Claireville Conservation Area as the park undergoes major renovations in preparation for a 2016 reopening under new management. Project recoveries continue to grow with the amount of project and contract work TRCA undertakes. Project recoveries represent an overhead charge against projects and special programs to help offset the cost of corporate services. The 2015 budget includes a reserve contribution of $550,000 that will be used to average out the costs of the leased head office at space in Vaughan during the term of the lease which expires in Municipal Funding Arrangements Each of TRCA's participating municipalities has its own unique budget requirements and annual budgetary pressures. TRCA has met each of the individual participating municipality s requirements within the context of the Conservation Authorities Act. In recent years, TRCA has changed the funding "formula" to achieve greater flexibility in meeting individual municipal partner funding guidelines. To this end, the 2015 operating levy includes a component, totalling $359,200 ( $334,000) referred to as "Non-CVA Levy". Under the provisions of the Act, TRCA makes a general levy against all of its participating municipalities to fund its general operating requirements. With regard to the portion of the levy that is for "administration costs" as defined in the Act, TRCA must use CVA as the basis of apportionment. With respect to the balance of the general levy which is raised for "maintenance costs" a conservation authority may apportion benefit using another allocation method that is approved in adopting the budget. In essence, the non-cva levy adjusts the amount of the general levy that relates to maintenance costs that would otherwise be apportioned using CVA as the basis and allows TRCA to meet the unique funding guidelines of each participating municipality. 6

7 The non-cva levy apportionment has been allocated to the municipalities as follows: Municipality Durham $62,200 $55,900 Peel $169,900 $178,200 Toronto - - York 127,100 $99,900 Mono - - Adjala-Tosorontio - - Total $359,200 $334,000 After giving consideration to all of the factors that affect the general municipal levy, including tax adjustments, year over year shifts in CVA and individual municipal targets, TRCA has achieved total municipal levy funding in the amount of $13,285,000 representing an average increase over 2014 of 3.4%. The general levy has been allocated to the participating municipalities as follows: Municipality Tax Adjustment 2015 General Levy Change over 2014 Durham $120,750 $535, % Peel $105,000 $1,685, % Toronto $300 $8,054, % York $227,950 $3,008, % Mono $700 $1, % Adjala-Tosorontio - $ % Total $454,700 $13,285, % Property Taxes on Conservation Lands TRCA is required to pay property taxes on its lands except where TRCA has received an exemption or partial exemption under the Conservation Land Tax Incentive Program (CLTIP). In the City of Toronto, park and conservation lands are exempt from property taxation because the City exercises its rights under the City of Toronto Act to exempt park land from taxes. In the regions of Peel, York and Durham, the Town of Mono and the Township of Adjala-Tosorontio, property taxes are paid on conservation lands not included under CLTIP. In fairness to the City of Toronto which grants a tax exemption, TRCA has long had a practice of allocating the cost of property taxes to the participating municipality where the taxes originate. This is reflected as an adjustment to the apportionment of the general levy. An exception to this practice is provided for property taxes paid on rental properties, where the cost of taxes is recovered from rent. In 2015, the Region of York has been asked to contribute an extra $61,000 to cover the cost of taxes for partial year at the interim head office at 101 Exchange Way in Vaughan. Capital Budget Summary The 2015 capital budget is set at $78.9 million, approximately $4 million lower than the 2014 budget but $17.1 million higher than the 2014 YTD actual capital expenditures. Municipal funding will pay for $41.8 million of the capital program, of which $35.9 will be raised in 2015 and the balance ($13.1 million) is on hand as carried forward levy from previous years. Funding from other sources amounts to $37.7 million. 7

8 Commensurate with the growth in capital spending is the associated FTE count. The 2015 FTE estimate is 273.6, as compared to in Capital expenditures can vary significantly from year to year as funding is made available. A summary of the 2015 capital program appears at pages 11 to 16 of the attached budget document. The cost of providing 60,000 square feet of head office space at 101 Exchange Avenue in Va ughan is estimated at $3.1 million, including the cost of a new telephone system as well as furniture and relocation costs. An allocation from reserves of $2.5 million is included in the 2015 capital budget. Capital projects are usually funded by the municipal partners on a benefitting municipality basis. That is, with few exceptions, capital projects funded by a municipality are undertaken within that municipality. These include: erosion control projects (Peel, Toronto and York); Living City Action Plan program (Toronto); waterfront development (Toronto and Durham); natural heritage regeneration projects (Peel and York); regional watershed monitoring; Black Creek Pioneer Village restoration program (Toronto); flood control works and floodplain mapping; watershed management projects; Peel Region Climate Change project; conservation land care (Peel and York). Some capital programs are generally benefitting. These include: information technology - levy based on CVA, used to fund common capital IT needs across the organization; major facilities retrofit - levy based on CVA, used for major capital expenditures for buildings and accommodation. Certain capital programs are uniquely funded: land acquisition - major acquisitions leverage funding available from regions of Peel, York and Durham, City of Toronto, local municipalities, Oak Ridges Moraine Foundation, The Living City Foundation and other sources; the source water protection program is funded entirely by the Province of Ontario; Toronto Waterfront Revitalization Corporation (TWRC) projects - funded directly by TWRC through delivery agreements, including Port Union, Mimico and Lower Don River; Humber Bay Shores (Etobicoke Motel Strip) - legacy project for which the City of Toronto and Province of Ontario have continuing commitment to finance the final costs of the expropriation process; groundwater strategies and management - costs shared by Peel, York, Durham and the City of Toronto. 8

9 Special Project Funding: TRCA works with its municipal partners to undertake special projects wherein TRCA has significant, specialized expertise. These special projects include erosion work, construction of trails, bridges and wetlands, and tree planting. This funding varies from year to year and is completely separate from the municipal operating and capital levy funding. Summary The 2014 audited financial statements will be available at the June meeting of the Budget/Audit Advisory Board. While there may still be a need to process a few minor adjustments to the year end results, 2014 results indicate surplus within the operating accounts of approximately $2 million. In the capital accounts, due to costs which were incurred in 2013 (to be recovered from approved funding in 2014), the accounts will show a deficit of about $0.8 million. The 2014 capital budget projects a surplus of $.94 million to offset the extra costs incurred in These projects are noted in the 2014 Year End Financial Progress Report, a separate report on this agenda. DETAILS OF WORK TO BE DONE At the Budget/Audit Advisory Board meeting, staff will make a presentation summarizing the 2015 operating and capital budgets. Report prepared by: Rocco Sgambelluri, extension s: rsgambelluri@trca.on.ca For Information contact: Rocco Sgambelluri s: rsgambelluri@trca.on.ca Date: April 1, 2015 Attachments: 1 9

10 Attachment BUDGET OPERATING AND CAPITAL 10

11 Table of Contents Section 1 Operating and Capital Budget 2015 Operating Budget Revenue Summary Operating Budget Expenditure Summary Capital Budget Revenue Summary Capital Budget Expenditure Summary 7 Section 2 Municipal Levy Allocation Apportionment of 2015 General Levy Basis of Levy Apportionment Levy Apportionment 10 Total 2015 Capital Levy By Service Area 11 Full Time Equivalents 12 Section 3 Operating and Capital Budget by Service Area 2015 Operating and Capital Budget Revenue Summary Operating and Capital Budget Expenditure Summary Operating and Capital Budget Watershed Studies and Strategies Operating and Capital Budget Water Risk Management Operating and Capital Budget Regional Biodiversity Operating and Capital Budget Land Securement and Management Operating and Capital Budget Tourism and Recreation Operating and Capital Budget Planning and Development Review Operating and Capital Budget Education and Outreach Operating and Capital Budget Sustainable Communities Operating and Capital Budget Corporate Services 42 11

12 Section 1 TRCA Operating and Capital Budget 12

13 Toronto and Region Conservation Authority Budget 2015 Operating Budget - Revenue Summary Revised $ Change % Change over 2014 over 2014 Budget Budget Year to date Budget Budget Revenue Municipal Operating levies 13,285,000 12,851,000 12,850, , % Capital levies 348, , ,000 (1,000) -0.3% Other 1,236,000 1,284,000 1,004,410 (48,000) -3.7% Government Grants Provincial 1,835,000 1,878,000 1,908,645 (43,000) -2.3% Federal 183,000 14, , , % Other % User fees, sales and admissions 17,563,000 17,264,000 16,931, , % Contract services Municipal 1,065, ,000 1,228, , % Compensation agreements % Corporate and other 216, , ,852 95, % Rent and property interests 2,331,000 2,670,000 2,826,507 (339,000) -12.7% Fundraising Donations 28, ,000 9,735 (238,000) -89.5% The Living City Foundation 1,041,000 1,053, ,613 (12,000) -1.1% Investment income 600, , ,343 60, % Reserves 106, , ,054 (209,000) -66.3% Sundry 82,000 33, ,954 49,000 Total Revenue 39,919,000 39,507,000 40,539, , % 13

14 Toronto and Region Conservation Authority Budget 2015 Operating Budget - Expenditure Summary Expenditures Revised $ Change % Change over 2014 over 2014 Budget Budget Year to date Budget Budget Watershed Studies and Strategies Watershed and Waterfront Plans 1,918,000 2,107,000 1,823,773 (189,000) -9.0% Climate and Extreme Weather Impacts 95,000 92,000 94,600 3, % 2,013,000 2,199,000 1,918,373 (186,000) -8.5% Water Risk Management Technical Services - Water Risk 29,000 20,000 28,438 9, % Erosion Management % Flood Management 668, , ,312 (24,000) -3.5% 697, , ,750 (15,000) -2.1% Regional Biodiversity Biodiversity Monitoring 3,000-1,832 3, % Ecosystem Management Research and Directions - 233,000 58,812 (233,000) % Forest Management 147, , ,146 1, % Restoration and Regeneration 901, , , , % 1,051,000 1,057,000 1,124,266 (6,000) -0.6% Land Securement and Management Land Securement 99,000 91,000 90,242 8, % Land Management 1,217,000 1,296,000 1,371,244 (79,000) -6.1% Rental Properties 1,980,000 2,081,000 2,147,660 (101,000) -4.9% 3,296,000 3,468,000 3,609,146 (172,000) -5.0% Tourism and Recreation Conservation Parks 5,202,000 5,121,000 5,369,834 81, % Trails 25,000 25,000 64, % Bathurst Glen 1,239,000 1,269,000 1,152,293 (30,000) -2.4% Black Creek Pioneer Village 3,775,000 3,743,000 3,486,719 32, % Public Use Infrastructure 230,000 25,000 1, , % Events and Festivals 2,460,000 2,188,000 2,479, , % 12,931,000 12,371,000 12,554, , % Planning and Development Review Development Planning and Regulation Permitting 4,137,000 3,969,000 3,719, , % Environmental Assessment Planning and Permitting 3,183,000 2,903,000 2,932, , % Policy Development and Review 189, , ,136 36, % 7,509,000 7,025,000 6,818, , % Education and Outreach Educational Infrastructure 66,000 72,000 21,098 (6,000) -8.3% School Programs 4,441,000 4,273,000 4,205, , % Professional Training and Development 881, , ,704 (111,000) -11.2% Family Programs 59,000 23,000 55,288 36, % 5,447,000 5,360,000 5,235,412 87, % Sustainable Communities Community Engagement 52, ,840 52, % 52, ,840 52, % 14

15 Revised $ Change % Change over 2014 over 2014 Budget Budget Year to date Budget Budget 5 Corporate Services Financial Management 1,957,000 1,577,000 1,653, , % Corporate Management and Governance 1,649,000 1,528,000 1,522, , % Human Resources 762, , ,149 (26,000) -3.3% Communications 1,615,000 1,431,000 1,387, , % Information Infrastructure and Management 1,798,000 1,675,000 1,669, , % Vehicles and Equipment 40,000 30, ,162 10, % Office Services 2,138,000 2,349,000 2,155,179 (211,000) -9.0% 9,959,000 9,378,000 9,663, , % Total Expenditures 42,955,000 41,570,000 41,762,422 1,385, % Project Recoveries (3,034,000) (2,063,000) (2,952,760) (971,000) 47.1% Total Expenditures - Net 39,921,000 39,507,000 38,809, , % Net Budget - - (1,729,993) - 0.0% 15

16 Toronto and Region Conservation Authority Budget 2015 Capital Budget - Revenue Summary Revised $ Change % Change over 2014 over 2014 Budget Budget Year to date Budget Budget Revenue Municipal Operating levies % Capital levies 42,343,000 48,667,000 35,740,047 (6,324,000) -13.0% Other 3,297,000 2,537, , , % Government Grants Provincial 1,737,000 1,768,000 2,258,383 (31,000) -1.8% Federal 1,094,000 1,466,000 1,761,949 (372,000) -25.4% Other % User fees, sales and admissions 869, , ,399 32, % Contract services Municipal 18,310,000 19,477,000 16,405,324 (1,167,000) -6.0% Compensation agreements % Corporate and other 2,031,000 2,262,000 1,245,821 (231,000) -10.2% Rent and property interests 1,300, , , , % Fundraising Donations 2,271,000 3,180, ,537 (909,000) -28.6% Investment income , % Sundry 2,158,000 2,236,000 1,114,033 (78,000) Total Revenue 79,117,000 83,614,000 62,485,014 (4,497,000) -5.4% 16

17 Toronto and Region Conservation Authority Budget 2015 Capital Budget - Expediture Summary Expenditures Revised $ Change % Change over 2014 over 2014 Budget Budget Year to date Budget Budget Watershed Studies and Strategies Watershed and Waterfront Plans 1,506,000 1,657,000 1,309,562 (151,000) -9.1% Report Cards 255,000 70,000 32, , % Climate and Extreme Weather Impacts 779, , , , % 2,540,000 2,391,000 1,981, , % Water Risk Management Technical Services - Water Risk 6,288,000 3,432,000 3,604,843 2,856, % Erosion Management 16,869,000 14,084,000 11,940,385 2,785, % Flood Management 3,504,000 3,704,000 2,421,435 (200,000) -5.4% 26,661,000 21,220,000 17,966,663 5,441, % Regional Biodiversity Biodiversity Monitoring 1,590,000 1,826,000 1,675,981 (236,000) -12.9% Ecosystem Management Research and Directions 866, , ,757 (111,000) -11.4% Forest Management 1,127, , , , % Restoration and Regeneration 10,496,000 11,373,000 8,022,659 (877,000) -7.7% 14,079,000 15,030,000 11,163,503 (951,000) -6.3% Land Securement and Management Land Securement 3,407,000 5,248,000 1,453,972 (1,841,000) -35.1% Land Management 2,879,000 3,153,000 2,210,252 (274,000) -8.7% Rental Properties - 563,000 - (563,000) % 6,286,000 8,964,000 3,664,224 (2,678,000) -29.9% Tourism and Recreation Waterfront Parks 3,604,000 9,692,000 6,874,154 (6,088,000) -62.8% Conservation Parks - 791, ,955 (791,000) % Trails 4,070,000 3,034,000 2,421,902 1,036, % Black Creek Pioneer Village - 3, ,047 (3,000) % Public Use Infrastructure 2,006,000 3,741,000 2,461,345 (1,735,000) -46.4% Events and Festivals % 9,680,000 17,261,000 12,766,491 (7,581,000) -43.9% Planning and Development Review Environmental Assessment Planning and Permitting % Policy Development and Review 632, , ,503 39, % 632, , ,158 39, % Education and Outreach Educational Infrastructure 4,509,000 5,894,000 4,559,392 (1,385,000) -23.5% School Programs 1,142,000 1,036, , , % Professional Training and Development 878, , ,115 76, % 6,529,000 7,732,000 6,220,027 (1,203,000) -15.6% Sustainable Communities Living City Transition Program 4,805,000 4,594,000 4,104, , % Community Engagement 2,465,000 2,524,000 1,628,877 (59,000) -2.3% 7,270,000 7,118,000 5,733, , % Corporate Services Human Resources 42,000-6,885 42, % Information Infrastructure and Management 698, , ,676 (123,000) -15.0% Project Recoveries - 5,000 (19,029) (5,000) % Office Services 4,003,000 1,532,000 1,128,553 2,471, % 4,743,000 2,358,000 1,916,085 2,385, % Total Expenditures 78,420,000 82,667,000 61,888,749 (4,247,000) -5.1% Net Budget (698,000) (944,000) (596,268) 246, % 17

18 Section 2 Municipal Levy Allocation 18

19 Toronto and Region Conservation Authority Budget Apportionment of 2015 General Levy 2015 General Levy Matching Matching Tax Non-CVA General Operating Change Over 2014 Levy Non-Levy Adjustment Levy Levy Levy $ $ $ $ $ % ADJALA-TOSORONTIO ,323 (473) -35.8% DURHAM 21, , ,750 62, , ,287 14, % TORONTO 499,843 7,553, ,054,000 7,858, , % MONO ,700 1, % PEEL 87,514 1,322, , ,900 1,685,000 1,635,969 49, % YORK 164,652 2,488, , ,100 3,008,000 2,832, , % 774,000 11,697, , ,200 13,285,000 12,851, , % 19

20 Toronto and Region Conservation Authority Budget 2015 Basis of Levy Apportionment (Based on 2014 Modified Current Value Assessment Data) Municipality Current Value Assessment $(000's) % Of Municipality in Authority Current Value Assessment in Watershed $(000's) Total Population Population in Authority Township of Adjala-Tosorontio 1,815, ,608 9, Durham, Regional Municipality of 36,670,132 * 30,211, , ,862 City of Toronto 690,257, ,257,654 2,142,038 2,142,038 Town of Mono 1,694, ,726 6, Peel, Regional Municipality of 275,211,716 * 120,853,305 1,039, ,229 York, Regional Municipality of 248,908,626 * 227,376, , ,622 1,254,557,827 1,068,856,927 4,146,575 3,457,483 Analysis of Regional Municipalities* Durham, Regional Municipality of Ajax, Town of 16,106, ,851,548 96,478 82,971 Pickering, Town of 16,385, ,566,378 83,430 79,259 Uxbridge Township 4,178, ,824 19,115 3,632 36,670,132 30,211, , ,862 Peel, Regional Municipality of Brampton, City 88,839, ,969, , ,006 Mississauga, City of 171,001, ,430, , ,095 Caledon, Town of 15,370, ,453,680 54,779 30, ,211, ,853,305 1,039, ,229 York, Regional Municipality of Aurora, Town of 12,547, ,917 45,105 1,804 Markham, Town of 79,219, ,219, , ,877 Richmond Hill, Town of 47,962, ,482, , ,930 Vaughan, Town of 93,156, ,156, , ,582 Whitchurch-Stouffville, Town of 9,681, ,162,977 32,810 14,108 King Township 6,341, ,853,614 18,491 8, ,908, ,376, , ,622 *As provided by the Ministry of Natural Resources and Forestry 20

21 Toronto and Region Conservation Authority Budget 2015 Levy Apportionment Municipality Modifed Current Value Assessment 2015 General Levy Factor 2014 General Levy Factor $(000's) Adjala-Tosorontio 72, % % Durham, Regional Municipality of Ajax 13,851,548 Pickering 15,566,378 Uxbridge 793,824 30,211, % % City of Toronto 690,257, % % Town of Mono 84, % % Peel, Regional Municipality of Brampton 55,969,131 Mississauga 56,430,494 Caledon 8,453, ,853, % % York, Regional Municipality of Aurora 501,917 Markham 79,219,325 Richmond 47,482,694 Vaughan 93,156,359 Whitchurch - Stouffville 4,162,977 King 2,853, ,376, % % 1,068,856, % % 21

22 Toronto and Region Conservation Authority Budget Total 2015 Capital Levy by Service Area Service Area Peel Toronto York Durham Adjala Mono Total by Service Area Watershed Studies and Strategies Water Risk Management Regional Biodiversity Land Securement and Management Tourism and Recreation Planning and Development Review Education and Outreach Sustainable Communities Corporate Services Total 2015 Capital Levy Capital Levy 2,309 8,715 1, , Capital Levy 3,805 2, , Capital Levy 1, , Capital Levy 1, , Capital Levy Capital Levy 3, , Capital Levy 2, , Capital Levy , Capital Levy 15,352 14,069 4, ,276 Carryforward 3,408 2, ,067 Total by Municipality 18,760 16,869 5,547 1, ,343 22

23 Toronto and Region Conservation Authority Budget 2015 Full-time Equivalent Employees (FTEs) Operating Full Time Non-Full Time Total Watershed Studies and Strategies Water Risk Management Regional Biodiversity Land Securement and Management Tourism and Recreation Planning and Development Review Education and Outreach Sustainable Communities Corporate Services Operating Total Capital Watershed Studies and Strategies Water Risk Management Regional Biodiversity Land Securement and Management Tourism and Recreation Planning and Development Review Education and Outreach Sustainable Communities Corporate Services Capital Total Total FTEs FTEs - Operating FTEs - Capital Total FTEs

24 Section 3 Operating and Capital Budget by Service Area 24

25 Toronto and Region Conservation Authority Budget 2015 Operating and Capital Budget - Revenue Summary Revised $ Change % Change over 2014 over 2014 Budget Budget Year to date Budget Budget Revenue Municipal Operating levies 13,285,000 12,851,000 12,850, , % Capital levies 42,691,000 49,016,000 36,088,047 (6,325,000) -12.9% Other 4,533,000 3,821,000 1,630, , % Government Grants Provincial 3,572,000 3,646,000 4,167,028 (74,000) -2.0% Federal 1,277,000 1,480,000 2,352,641 (203,000) -13.7% Other % User fees, sales and admissions 18,432,000 18,101,000 17,673, , % Contract services Municipal 19,375,000 20,346,000 17,634,102 (971,000) -4.8% Compensation agreements % Corporate and other 2,247,000 2,383,000 1,537,674 (136,000) -5.7% Rent and property interests 3,631,000 3,168,000 3,784, , % Fundraising Donations 2,299,000 3,446, ,272 (1,147,000) -33.3% The Living City Foundation 2,004,000 1,424,000 1,808, , % Investment income 600, , ,244 60, % Reserves 2,850, , ,817 2,220, % Sundry 2,240,000 2,269,000 1,440,988 (29,000) Total Revenue 119,036, ,121, ,024,673 (4,085,000) -3.3% 25

26 Toronto and Region Conservation Authority Budget 2015 Operating and Capital Budget - Expenditure Summary Expenditures Revised $ Change % Change over 2014 over 2014 Budget Budget Year to date Budget Budget Watershed Studies and Strategies Watershed and Waterfront Plans 3,424,000 3,764,000 3,133,334 (340,000) -9.0% Report Cards 255,000 70,000 32, , % Climate and Extreme Weather Impacts 874, , , , % 4,553,000 4,591,000 3,899,447 (38,000) -0.8% Water Risk Management Technical Services - Water Risk 6,317,000 3,452,000 3,633,281 2,865, % Erosion Management 16,869,000 14,084,000 11,940,385 2,785, % Flood Management 4,172,000 4,396,000 3,073,747 (224,000) -5.1% 27,358,000 21,932,000 18,647,413 5,426, % Regional Biodiversity Biodiversity Monitoring 1,593,000 1,826,000 1,677,813 (233,000) -12.8% Ecosystem Management Research and Directions 866,000 1,210, ,569 (344,000) -28.4% Forest Management 1,274,000 1,000, , , % Restoration and Regeneration 11,397,000 12,051,000 8,979,134 (654,000) -5.4% 15,130,000 16,087,000 12,287,768 (957,000) -5.9% Land Securement and Management Land Securement 3,506,000 5,339,000 1,544,214 (1,833,000) -34.3% Land Management 4,096,000 4,449,000 3,581,496 (353,000) -7.9% Rental Properties 1,980,000 2,644,000 2,147,660 (664,000) -25.1% 9,582,000 12,432,000 7,273,370 (2,850,000) -22.9% Tourism and Recreation Waterfront Parks 3,604,000 9,692,000 6,874,154 (6,088,000) -62.8% Conservation Parks 5,202,000 5,911,000 6,098,790 (709,000) -12.0% Trails 4,095,000 3,059,000 2,486,863 1,036, % Bathurst Glen 1,239,000 1,269,000 1,152,293 (30,000) -2.4% Black Creek Pioneer Village 3,775,000 3,746,000 3,766,766 29, % Public Use Infrastructure 2,236,000 3,766,000 2,462,963 (1,530,000) -40.6% Events and Festivals 2,460,000 2,188,000 2,479, , % 22,611,000 29,631,000 25,321,380 (7,020,000) -23.7% Planning and Development Review Development Planning and Regulation Permitting 4,137,000 3,969,000 3,719, , % Environmental Assessment Planning and Permitting 3,183,000 2,903,000 2,933, , % Policy Development and Review 821, , ,638 74, % 8,141,000 7,619,000 7,296, , % 26

27 Revised $ Change % Change Education and Outreach 15 Educational Infrastructure 4,575,000 5,966,000 4,580,490 (1,391,000) -23.3% School Programs 5,583,000 5,309,000 5,085, , % Professional Training and Development 1,759,000 1,794,000 1,733,818 (35,000) -2.0% Family Programs 59,000 23,000 55,288 36, % 11,976,000 13,092,000 11,455,438 (1,116,000) -8.5% Sustainable Communities Living City Transition Program 4,805,000 4,594,000 4,104, , % Community Engagement 2,517,000 2,524,000 1,785,717 (7,000) -0.3% 7,322,000 7,118,000 5,890, , % Corporate Services Financial Management 1,957,000 1,577,000 1,653, , % Corporate Management and Governance 1,649,000 1,528,000 1,522, , % Human Resources 804, , ,034 16, % Communications 1,615,000 1,431,000 1,387, , % Information Infrastructure and Management 2,496,000 2,496,000 2,468, % Project Recoveries (3,034,000) (2,058,000) (2,971,789) (976,000) 47.4% Vehicles and Equipment 40,000 30, ,162 10, % Office Services 6,141,000 3,880,000 3,283,732 2,261, % 11,668,000 9,672,000 8,627,199 1,996, % Total Expenditures 118,341, ,174, ,698,408 (3,833,000) -3.1% % Net Budget (698,000) (944,000) (2,326,261) 246, % 27

28 Watershed Studies and Strategies This service area includes studies and strategies that provide comprehensive, integrated watershed policy development and technical direction to TRCA service areas and partner municipalities. Main program areas include reporting on the health of TRCA watersheds and Lake Ontario waterfront, analysis of the impacts of urban growth and climate change effects, and the development of strategies to maintain and improve watershed and waterfront health. Watershed and Waterfront Plans The Watershed and Waterfront Plans program develops science-based strategies that inform watershed management activities and municipal planning. Watershed plans assess the existing conditions of a watershed and recommend management strategies to improve the resource conditions. Management strategies guide TRCA s advice to municipalities on how urban development should proceed such that the watershed environmental assets are protected and enhanced. Watershed plans must be revised periodically to conform with and address new provincial policy direction and municipal official plan updates. Report Cards Report cards communicate environmental conditions within TRCA's watersheds. Developed at both the regional and watershed scale, report cards are based on a set of indicators that describe the status of watershed health and sustainability. Climate and Extreme Weather Impacts The Climate and Extreme Weather Impacts program undertakes studies with the goal of increasing the resilience of TRCA watersheds, natural systems, and municipal infrastructure to extreme weather and a changing climate. Scope of work includes obtaining the best knowledge of current and future patterns of weather and climate, understanding potential impacts, and recommend programs to respond and adapt to changing conditions. 28

29 Watershed and Waterfront Plans Watershed Plan Updates and Follow Up Integrated Shoreline Management Plans Report Cards Living City Report Card Watershed Report Cards Climate and Extreme Weather Impacts Research & Adaptation Program Extreme Weather Risks & Resilience Planning 2014 marked the Humber River s 15 th anniversary of designation as a Heritage River through the Canadian Heritage River System Harbourfront Centre opened its second exhibit with TRCA and Menkes Developments, entitled NO FLAT CITY, Toronto s In Comparable Terrain. Six artists explore the landscapes of the greater Toronto region and focus on the distinctive land formations and geography they encounter. People and their stories were a prime focus of the artist s experience in the renown ravines and valleys of Toronto, and within the landscapes of the Lake Iroquois Shoreline, Oak Ridges Moraine and the Niagara Escarpment. Hosted over 200 researchers and practitioners at our annual symposium held at Western University, including showcasing 18 different student poster projects Completed a new five-year strategic plan for the Ontario Climate Consortium (OCC), forming three program areas: Climate Information; Climate Impacts & Adaptation; and Knowledge Mobilization 29

30 Toronto and Region Conservation Authority Budget - Watershed Studies and Strategies 2015 Budget Operating and Capital - Watershed Studies and Strategies Revised $ Change % Change over 2014 over 2014 Budget Budget Year to date Budget Budget Revenue Municipal Operating levies % Capital levies 1,453,000 1,580,000 1,064,092 (127,000) -8.0% Other - 28,000 27,829 (28,000) % Government Grants Provincial 549, , , , % Federal 307, , ,484 8, % Other % User fees, sales and admissions 11,000 2,000 1,791 9, % Contract services Municipal 316,000-21, , % Compensation agreements % Corporate and other 157, , ,887 (98,000) -38.4% The Living City Foundation 93, , ,827 (28,000) -23.1% Investment income % Reserves % Sundry Total Revenue 2,886,000 2,853,000 2,345,373 33, % Expenditures Watershed and Waterfront Plans Watershed Plan Updates and Follow-up 2,489,000 2,611,000 2,114,610 (122,000) -4.7% Integrated Shoreline Management Plans 935,000 1,153,000 1,018,725 (218,000) -18.9% 3,424,000 3,764,000 3,133,335 (340,000) -9.0% Report Cards Living City Report Card 255,000 70,000 32, , % 255,000 70,000 32, , % Climate and Extreme Weather Impacts Research and Adaption Program 690, , , , % Extreme Weather Risks and Resilience Planning 184, , ,575 (46,000) -20.0% 874, , , , % Total Expenditures 4,553,000 4,591,000 3,899,448 (38,000) -0.8% Net Budget (1,667,000) (1,738,000) (1,554,074) 71, % 30

31 Water Risk Management This service area encompasses the strategic management of water resources, based on physical sciences and applied engineering (hydrology, hydraulics, fluvial geomorphology, hydrogeology and environmental science) through an understanding of water s natural processes, features and functions within the urban landscape. Core activities include environmental and hydrometric monitoring and research; developing state of the science technologies for modeling and flood forecasting; hazard management of erosion sites, unstable slopes and flood vulnerable areas. These activities are critical to reducing risk to life and property. The entire hydrologic cycle is included in this service area, from rainfall to runoff to its outlet at Lake Ontario and all of the processes in between. Water Resource Science The Water Resource Science program is focused on the science and engineering of water resource management. Technical services provide an understanding of the current state of the watershed, inform growth management strategies for new communities, support the work of flood management, and promote the implementation of green infrastructure. Water Resource Science also conducts monitoring and develops tools to assist municipalities, developers and landowners in understanding and implementing sustainable water management practices. Proper water management practices are critical for the protection of life and property from flooding as well as the continued health of aquatic and terrestrial habitats. Flood Management The Flood Management program is responsible for producing long term plans to minimize the loss of life and property due to flooding. Management of flood risk is achieved through: operation of a Flood Forecasting and Warning Centre; implementation of flood remediation projects; maintaining and operating flood control infrastructure; operation of specialized gauging networks; and data management. Erosion Management The Erosion Management program protects life and property against the hazards of erosion and slope instability. This program identifies and, on a priority basis, undertakes remediation projects. 31

32 Water Resource Science Groundwater Strategies Source Water Protection Strategy Regional Monitoring (split between 2 and 3) Hydrology Stormwater Management Flood Plain Mapping Data Request/Sharing # of Barriers & Online Ponds Decommissioned # Stormwater Management Ponds Dredged Projected Flood Management Flood Forecasting and Warning Flood Risk Management Flood Infrastructure and Operations 15,000 12,500 10,000 Floodplain Area Managed (Ha) 2014 Flood Management: 17 Watershed Conditions Statements 2 Flood Watches 2 Flood Warnings Flood Management Twitter account had an increase in followers from 169 to 756 Erosion Management Capital Works Hazard Monitoring ,000 10,000 8,000 6,000 4,000 2,000 0 Creation/Reclamation of public green space (Ha) 0 River/riverbank stabilization works (lm) 32 Shoreline protected/stabilized (m) 0 Contaminated soils removed (Tonnes)

33 Toronto and Region Conservation Authority Budget 2015 Budget Operating and Capital - Water Risk Management Revised $ Change % Change over 2014 over 2014 Budget Budget Year to date Budget Budget Revenue Municipal Operating levies % Capital levies 17,183,000 16,305,000 12,192, , % Other 31,000 31, % Government Grants Provincial 1,244, ,000 1,469, , % Federal 1,000 1, % Other % User fees, sales and admissions 29,000 33,000 30,564 (4,000) -12.1% Contract services Municipal 8,300,000 3,884,000 4,593,833 4,416, % Compensation agreements % Corporate and other 6,000 24,000 3,294 (18,000) -75.0% Rent and property interests % Fundraising Donations % The Living City Foundation 1, , % Investment income - - 9, % Reserves % Sundry 200, , ,000 - Total Revenue 26,995,000 21,474,000 18,399,396 5,521, % Expenditures Technical Services - Water Risk Groundwater Strategies 825, , ,264 52, % Source Water Protection Strategy 909, ,000 1,043,995 (87,000) -8.7% Regional Monitoring 645, , ,760 (6,000) -0.9% Hydrology 300,000 98, , , % Stormwater Management 3,284, , ,361 2,705, % Flood Plain Mapping 354, , ,405 (1,000) -0.3% 6,317,000 3,452,000 3,633,282 2,865, % Erosion Management Capital Works 14,721,000 11,632,000 11,312,359 3,089, % Hazard Monitoring 2,148,000 2,452, ,026 (304,000) -12.4% 16,869,000 14,084,000 11,940,385 2,785, % Flood Management Flood Forecasting and Warning 337, , ,557 (23,000) -6.4% Flood Risk Management 2,803,000 2,976,000 1,059,202 (173,000) -5.8% Flood Infrastructure and Operations 1,032,000 1,060,000 1,676,988 (28,000) -2.6% 4,172,000 4,396,000 3,073,747 (224,000) -5.1% Total Expenditures 27,358,000 21,932,000 18,647,414 5,426, % Net Budget (363,000) (458,000) (248,017) 95, % 33

34 Regional Biodiversity This service area includes programs, projects and activities that together create a comprehensive and integrated approach to regional biodiversity and ecosystem management. Main activities include monitoring of ecological conditions and ecosystem trends, ecosystem planning and research, habitat restoration and regeneration, and management of existing regional biodiversity. The result of this work demonstrates the benefit biodiversity provides to community and human well-being. Ecosystem Management Research and Directions Ecosystem Management Research and Directions include initiatives to develop, communicate and regularly update jurisdiction-wide ecosystem management strategies. These strategies guide actions including planning and development review, ecological restoration, land acquisition, and remediation. Biodiversity Monitoring Biodiversity Monitoring program assesses catalogues and reports on the condition and trends of terrestrial and aquatic biodiversity throughout TRCA jurisdiction. These data contribute to the understanding and conservation of flora and fauna species and communities, the success of restoration and management activities, as well as the understanding of invasive species prevalence and trends. Data analysis further serves to guide and support TRCA and partner municipality activities. Restoration and Regeneration Restoration and Regeneration includes a variety of programs and projects that restore physical habitat and improve ecosystem health and habitat function. Forest Management Forest Management programs and projects are related to the establishment and maintenance of healthy, vigorous and diverse forest cover and associated habitat. 34

35 Ecosystem Management Research and Directions Aquatic System Priority Planning Restoration Opportunities Bank Terrestrial (and Integrated) Ecosystem Management Compensation Restoration Biodiversity Monitoring Regional Monitoring Activity Based Monitoring Terrestrial Inventory and Assessment 3,000 2,500 2,000 1,500 1, Groundwater, Surface Water Quality, and Fish Community monitoring sites Terrestrial inventory and assessment area (Ha) Projected Restoration and Regeneration Watershed Restoration Shoreline Restoration Wetlands Riparian and Flood Plain Restoration Natural Channel and Stream Restoration Natural Channel Design Terrestrial Planting Wildlife Habitat Management Inland and Lakefill Soil Management Private Land Stewardship Planning Propagation and Sale of Plants Wetland Restoration (Ha) Riparian Restoration (Ha) Terrestrial Restoration (Ha) 6,000 5,000 4,000 3,000 2,000 1,000 - Stream Restored (m) Shoreline Restored (m) Forest Management Forest Management Operations & Planning Invasive Species Management Managed Forest Tax Incentive Planning Hazard Tree Management 320, , , , , ,000 Trees Planted 35

36 Toronto and Region Conservation Authority Budget 2015 Budget Operating and Capital - Regional Biodiversity Revised $ Change % Change over 2014 over 2014 Budget Budget Year to date Budget Budget Revenue Municipal Operating levies % Capital levies 7,159,000 8,584,000 5,952,000 (1,425,000) -16.6% Other 210, , ,243 (82,000) -28.1% Government Grants Provincial 180, ,000 40,811 (121,000) -40.2% Federal 379, , ,613 (3,000) -0.8% Other % User fees, sales and admissions 66,000 70,000 29,141 (4,000) -5.7% Contract services Municipal 4,927,000 4,791,000 3,752, , % Compensation agreements % Corporate and other 897, , , , % Rent and property interests % Fundraising Donations 17,000 17,000 2, % The Living City Foundation 338,000 79, , , % Investment income - - 6, % Reserves 20,000 10,000 40,280 10, % Sundry 807, , ,305 (130,000) Total Revenue 15,000,000 15,849,000 12,078,077 (849,000) -5.4% Expenditures Biodiversity Monitoring Regional Monitoring 645, , ,760 (6,000) -0.9% Activity Based Monitoring 653, , ,392 (143,000) -18.0% Terrestrial Inventory and Assessment 295, , ,661 (85,000) -22.4% 1,593,000 1,827,000 1,677,813 (234,000) -12.8% Ecosystem Management Research and Directions Aquatic System Priority Planning 182, , ,775 (21,000) -10.3% Terrestrial (and Integrated) Ecosystem Management 684, , ,359 (296,000) -30.2% Compensation Restoration - 27,000 9,436 (27,000) % 866,000 1,210, ,570 (344,000) -28.4% 36

37 Revised $ Change % Change over 2014 over 2014 Budget Budget Year to date Budget Budget Forest Management 25 Managed Forest Tax Incentive Planning - 4, (4,000) % Hazard Tree Management 102,000 97, ,623 5, % Invasive Species Management 750, , , , % Forest Management Planning 35,000 34,000 37,806 1, % Forest Management Operations 387, , ,777 (82,000) -17.5% 1,274,000 1,000, , , % Restoration and Regeneration Natural Channel Design 347, , ,952 (167,000) -32.5% Propagation and Sale of Plants 140, ,000 (116,266) (20,000) -12.5% Inland and Lakefill Soil Management 311, , ,667 (7,000) -2.2% Shoreline Restoration 459,000 1,052, ,178 (593,000) -56.4% Wetlands 1,199, , , , % Riparian and Flood Plain Restoration 1,132,000 1,139, ,118 (7,000) -0.6% Natural Channel and Stream Restoration 1,076,000 2,457,000 1,217,690 (1,381,000) -56.2% Terrestrial Planting 3,024,000 2,339, , , % Essential Wildlife Habitat 174, , ,453 (34,000) -16.3% Wildlife Habitat Management , % Watershed Restoration 2,925,000 2,389,000 3,730, , % Private Land Stewardship Planning 611, , ,209 (249,000) -29.0% 11,398,000 12,051,000 8,979,134 (653,000) -5.4% Total Expenditures 15,131,000 16,088,000 12,287,769 (957,000) -5.9% Net Budget (130,000) (238,000) (209,692) 108, % 37

38 Land Securement and Management This service area includes the acquisition of a public interest in and management of environmentally significant lands in order to protect their natural functions and services and to conserve the land for the benefit of current and future generations. Key program areas include greenlands acquisition, inventory and audit, master planning, land hazard management, and the protection of archeologically significant resources. Land Securement Land Securement brings lands into public ownership or otherwise secures the assurance of their protection through private landowner agreements. Land securement tools include: planning/policy (i.e., Planning Act and Conservation Authorities Act), stewardship (i.e., landowner agreements and education) and acquisition (i.e., securing land through title, easements and covenants on title). Land Management The Land Management program aims to: establish the best possible land care and asset management practices; reduce the risk from trail hazards; deter and mitigate encroachments; and discourage vandalism, dumping, poaching and trespassing. Projects under the program include monitoring and management of TRCA properties to ensure that their natural and cultural heritage values are protected in perpetuity while providing a safe visitor experience for the public. Rental Properties TRCA manages approximately 150 leases that include single family dwellings, agricultural lands and commercial leases. 38

39 Land Securement Greenspace Land Acquisition Projected 0 Hectares Secured by TRCA Land Management Resource Management Planning Inventory and Audit Implementation Hazard Management Archaeology Property Taxes and Insurance 5, , ,000 2, , Hectares Inventoried and Audited 0 Participants - Archaeological Events Archaeological Assessed Area (Ha) 0 Land Care Implementation - Boardwalk (m) 0 Inventory and Encroachment Audits Rental Properties Rentals 39

40 Toronto and Region Conservation Authority Budget 2015 Budget Operating and Capital - Land Securement and Management Revised $ Change % Change over 2014 over 2014 Budget Budget Year to date Budget Budget Revenue Municipal Operating levies % Capital levies 2,137,000 2,760,000 2,598,374 (623,000) -22.6% Other 100,000 1,600,000 47,028 (1,500,000) -93.8% Government Grants Provincial - 5,000 52,813 (5,000) % Federal - 6,000 71,390 (6,000) % Other % User fees, sales and admissions 10,000 40,000 36,922 (30,000) -75.0% Contract services Municipal 450, , ,864 (311,000) -40.9% Compensation agreements % Corporate and other 190,000 90,000 (75,657) 100, % Rent and property interests 3,553,000 3,123,000 3,567, , % Fundraising Donations 1,750,000 3,000, ,500 (1,250,000) -41.7% The Living City Foundation - 5,000 16,379 (5,000) % Investment income - - 4, % Reserves 388, , , , % Sundry 1,125,000 1,072, ,671 53,000 Total Revenue 9,703,000 12,712,000 8,218,074 (3,009,000) -23.7% Expenditures Land Securement Greenspace Land Acqusition 3,506,000 5,339,000 1,544,214 (1,833,000) -34.3% 3,506,000 5,339,000 1,544,214 (1,833,000) -34.3% Land Management Archaeology 509, , ,610 (69,000) -11.9% Property Taxes and Insurance 580, , ,667 (30,000) -4.9% Resource Management Planning 300, , ,143 (448,000) -59.9% Inventory and audit 827,000 65, , , % Implementation 1,880,000 2,449,000 1,032,869 (569,000) -23.2% Hazard Management , % 4,096,000 4,450,000 3,581,494 (354,000) -8.0% Rental Properties Rentals 1,980,000 2,644,000 2,147,660 (664,000) -25.1% 1,980,000 2,644,000 2,147,660 (664,000) -25.1% Total Expenditures 9,582,000 12,433,000 7,273,368 (2,851,000) -22.9% Net Budget 121, , ,705 (159,000) -56.8% 40

41 Tourism and Recreation This service area provides memorable experiences for guests in nature-based settings, which make positive contributions to community health and well-being, while advancing the economic development goals of partner municipalities. Programs include management, maintenance and enhancement of conservation parks and recreation facilities. TRCA delivers these services through leveraging public and private partnerships that focus on community development, tourism and recreational offerings. Conservation Parks Conservation Parks offer visitors throughout the Toronto region a place to engage in outdoor recreation in a natural setting. Through diverse program offerings, TRCA Conservation Parks emphasize and encourage the connection between health and well-being and nature-based recreation within our communities. Waterfront Parks The Waterfront stretches 72 kilometres across TRCA s jurisdiction, from Mississauga to Ajax. Approximately 20% of the Waterfront watershed is owned by TRCA and most of its public greenspace is found in large waterfront park amenities such as Bluffer s Park and the Humber Bay Park Complex. Trails In addition to developing and maintaining a jurisdiction-wide trail strategy, this program includes site specific planning, development and trail management activities. These initiatives are undertaken with the assistance of municipal staff, formal trail partners and/or public volunteers and stewards. Black Creek Pioneer Village (BCPV) Black Creek Pioneer Village is a venue where visitors and students explore and celebrate the history of the community. Interactive historical programs create and enhance connections between visitors and the cultural heritage of the Toronto region. Bathurst Glen Golf Course Bathurst Glen, a certified Audubon Cooperative Sanctuary, offers an executive golf course, driving range, adult and youth coaching programs, and a variety of clinics throughout the season. Events and Festivals TRCA offers a variety of unique indoor and outdoor event spaces in the GTA for private events (e.g., weddings, corporate and social events) and special public events and festivals (e.g Sugarbush Maple Syrup Festival, Caledon Canada Day). This program also manages externally hosted events such as adventure races. 41

42 180, , , , ,000 80,000 60,000 40,000 20,000 0 Conservation Parks Picnics Swimming Fishing Mountain Biking Cross Country Skiing Camping Filming TRCA and CVC developed a partnership agreement in 2014 to work together to expand business development opportunities in our conservation areas and public use facilities by building awareness in key markets, increasing repeat visitation and improving financial sustainability. Waterfront Parks General Maintenance Park Planning & Development Over 400 students participated in City Life, Wildlife at Tommy Thompson Park, a 12-week biodiversity program supported by TD Friends of the Environment Foundations Trails Trail Planning & Development Trail Management TRCA Trail Strategy 7,000 6,000 5,000 4, , , , ,000 2,000 1,000 - Metres of New Trail Constructed 100,000 50,000 - Trails - Inventory and Audit (m) 2015 Projected Black Creek Pioneer Village (BCPV) Heritage Building Bathurst Glen Golf Course Golf Course Events and Festivals Day Festivals Private Functions 58,000 56,000 54,000 52,000 50,000 48,000 Bathurst Glen In 2014, Albion Hills partnered with event organizers to host more adventure races which drew over 17,000 visitors to the Conservation Area for events like Run or Dye, Chico Racing s 24 Hours of Summer Solstice and Mud Hero 42