3. 2007 BUDGETS AND SPECIAL LEVIES FOR BUSINESS IMPROVEMENT AREAS AND SPARKS STREET MALL AUTHORITY

BUDGETS ET PRÉLÈVEMENTS SPÉCIAUX DE 2007 POUR LES ZONES D’AMÉLIORATION COMMERCIALE ET L’ADMINISTRATION DU MAIL DE LA RUE SPARKS

Committee RecommendationS

That Council approve:

1. The 2007 Budgets, as presented in document 1, for the following agencies:

a. By Ward Market BIA

b. Preston Street BIA

c. Sparks Street BIA

d. Sparks Street Mall Authority

e. Bank Street BIA

f. Somerset Village BIA

g. Somerset Street Chinatown BIA

h. Westboro Village BIA

i. Downtown Rideau BIA

j. Vanier BIA

k. Manotick BIA

l. Carp BIA

m. Barrhaven BIA

n. Orleans BIA

2. The 2007 Business Improvement Area Special Levies and the Sparks Street Mall Authority Metre–front charge, as presented in document 3.

RecommandationS du comité

Que le Conseil municipal approuve :

1. Les budgets de 2007 tels que présentés dans le document no 1, pour les organismes suivants :

a. ZAC du marché By

b. ZAC de la rue Preston

c. ZAC de la rue Sparks

d. Administration du mail de la rue Sparks

e. ZAC de la rue Bank

f. ZAC du village de Somerset

g. ZAC de la rue Somerset Chinatown

h. ZAC du village de Westboro

i. ZAC de la rue Rideau (centre-ville)

j. ZAC de Vanier

k. ZAC de Manotick

l. ZAC de Carp

m. ZAC de Barrhaven

n. ZAC d'Orléans

2. Les prélèvements spéciaux visant les zones d’amélioration commerciale, ainsi que la taxe sur le mètre de façade visant l’administration du mail de la rue Sparks, tels que présentés dans les documents nos 3.

Documentation

1. Chief Corporate Services Officer's report dated 17 April 2007 (ACS2007-CRS-FIN-0011).

2. Extract of Draft Minute, 17 April 2007.

Report to/Rapport au :

Corporate Services and Economic Development Committee

Comité des services organisationnels et du développement économique

and Council / et au Conseil

17 April 2007/ le 17 avril 2007

Submitted by/Soumis par : Greg Geddes, Chief Corporate Services Officer/

Chef des Services généraux

Contact Person/Personne ressource : Marian Simulik, Director, Financial Services and City Treasurer/Directrice des services financiers et Trésorière municipale par intérim

Financial Services/Services financiers

(613) 580-2424 x 14159, Marian.Simulik@ottawa.ca

City Wide

Ref N°: ACS2007-CRS-FIN-0011

SUBJECT:	2007 BUDGETS AND SPECIAL LEVIES FOR BUSINESS IMPROVEMENT AREAS AND SPARKS STREET MALL AUTHORITY
OBJET :	BUDGETS ET PRÉLÈVEMENTS SPÉCIAUX DE 2007 POUR LES ZONES D’AMÉLIORATION COMMERCIALE ET L’ADMINISTRATION DU MAIL DE LA RUE SPARKS

REPORT RECOMMENDATIONS

That the Corporate Services and Economic Development Committee recommend Council approve:

1. The 2007 Budgets, as presented in document 1, for the following agencies:

a. By Ward Market BIA

b. Preston Street BIA

c. Sparks Street BIA

d. Sparks Street Mall Authority

e. Bank Street BIA

f. Somerset Village BIA

g. Somerset Street Chinatown BIA

h. Westboro Village BIA

i. Downtown Rideau BIA

j. Vanier BIA

k. Manotick BIA

l. Carp BIA

m. Barrhaven BIA

n. Orleans BIA

2. The 2007 Business Improvement Area Special Levies and the Sparks Street Mall Authority Metre–front charge, as presented in document 3.

RECOMMANDATIONS DU RAPPORT

Que le Comité des services organisationnels et du développement économique recommande au Conseil municipal d’approuver :

1. Les budgets de 2007 tels que présentés dans le document no 1, pour les organismes suivants :

a. ZAC du marché By

b. ZAC de la rue Preston

c. ZAC de la rue Sparks

d. Administration du mail de la rue Sparks

e. ZAC de la rue Bank

f. ZAC du village de Somerset

g. ZAC de la rue Somerset Chinatown

h. ZAC du village de Westboro

i. ZAC de la rue Rideau (centre-ville)

j. ZAC de Vanier

k. ZAC de Manotick

l. ZAC de Carp

m. ZAC de Barrhaven

n. ZAC d'Orléans

2. Les prélèvements spéciaux visant les zones d’amélioration commerciale, ainsi que la taxe sur le mètre de façade visant l’administration du mail de la rue Sparks, tels que présentés dans les documents nos 3.

BACKGROUND

The 2007 spending estimates are being submitted for the City’s Business Improvement Areas (B.I.A.’s) and Mall Authority for the approval of City Council.

As indicated in Document 1, the levy requirements contained in this submission are projected based on each B.I.A.’s planned expenditures for 2007, and the disposition carried forward from 2006. B.I.A.’s have been informed of their disposition and their budget has been adjusted accordingly.

The Municipal Act requires that City Council approve the annual budgets and tax rates for all B.I.A.’s and Mall Authorities.

This submission and the corresponding by-laws constitute the approval required for the 2007 B.I.A. Budgets and Tax Rates. There are a maximum of 13 property classes that would be subject to a B.I.A. levy in the City of Ottawa. A rate has been assigned to each property class even if there are currently no properties assessed in the class in order to ensure that if assessment moves into these classes, either through an appeal or on a supplementary roll, a rate of taxation will exist. The 2007 B.I.A. levy requirements have been computed with reference to the 2007 assessment roll, the 2007 B.I.A. budgets and the final 2006 disposition for each B.I.A.

As part of the Rideau Street Redevelopment Project, on October 30, 1992, the Ontario Municipal Board imposed a cap of the Rideau B.I.A.’s levy. The cap is equal to the 1992 base levy of $490,566 plus an annual increase not to exceed the increase in the Consumer Price Index (CPI) for Ottawa-Carleton as published by Statistics Canada. This restriction was passed to limit the tax burden on property owners. Downtown Rideau B.I.A. has requested a levy of $662,000. This does not exceed the cap.

The operations of the Sparks Street Mall Authority are funded by way of special metre-frontage charge imposed on properties fronting on a special area of the mall. The area is defined and individual properties are listed with their frontage and charge in the attached by-law.

B.I.A. levies are charged to owners who may apportion it back to their tenants based on a formula prescribed by legislation.

The Somerset Street Chinatown BIA board of Management has requested and received financial responsibility effective October 4, 2005.

Carp BIA has not submitted their 2007 budget at the time this report was written. 2007 Tax rate requirement and budget has been calculated to reflect debt payment and essential expenses.

DISCUSSION

Public Works and Government Services Canada P.W.G.S.C. have paid the B.I.A. levy as a payment in lieu of taxes under the Payments In Lieu of Taxes (PIL) Act in prior years and will continue to review these payments on a yearly basis.

Rates have been calculated using the assumption that PIL’s will be paid at the rate equivalent to the B.I.A. levy with the exception of the expanded By Ward B.I.A.

By Ward B.I.A has chosen not to budget for PIL revenue for the following properties (U.S. Embassy, National Art Gallery, Royal Canadian Mint, War Museum and Connaught Building). These properties are within the area added to the B.I.A. effective January 1, 2001.

The City of Ottawa uses the Assessment Act, section 27 as authority to charge PIL’s on City owned parking lots.

The Barrhaven Board of Management has in accordance with the Municipal Act Section 208(3) Minimum and Maximum charges approved a minimum rate of $250. per property and a maximum rate of $2,000 per tenant.

The by-laws for these charges will be on the Council agenda of April 25, 2007, in order to meet the billing timelines.

CONSULTATION

The B.I.A’s, Mall Authority and P.W.G.S.C. have been consulted and are aware of the contents of this submission.

FINANCIAL IMPLICATIONS

The submission of B.I.A. budgets, B.I.A. and Mall Authority levy requirements and tax rates has no financial impact on the City. The B.I.A.’s are funded through a levy on all ratable property in the area that is in a prescribed business property class. The Mall Authority is funded through a levy - based on metre-frontage on Sparks Street Mall. These special levies are collected by the City on behalf of the outside agencies.

SUPPORTING DOCUMENTATION

Document 1 Summary of B.I.A.’s and Mall Authority Budgets (Page 6)

Document 2 B.I.A.’s Special Charge Rates (Pages 7-12)

Document 3 Sparks Street Mall Authority – Computation of the Special Levy 2007 and the per metre charge (Page 13)

DISPOSITION

Originating Department will use rates to issue tax bills and input the approved budget on the Financial Statements. The Legal Services Branch to prepare and present the appropriate By-Laws for approval by Council on April 25, 2007.

													Document 1
SUMMARY OF BUSINESS IMPROVEMENT AREAS AND MALL AUTHORITY
* 2007 BUDGETS AS SUBMITTED
	Byward	Preston	Sparks	Sparks	Bank	Somerset		Westboro
	Market	Street	Street	St. Mall	Street	Village	Heights	Village	Rideau	Carp	Vanier	Manotick	Barrhaven	Orleans
EXPENDITURES	B.I.A.	B.I.A.	B.I.A.	Authority	B.I.A.	B.I.A.	B.I.A.	B.I.A.	B.I.A.	B.I.A	B.I.A	B.I.A	B.I.A	BIA
Administration	135,500	82,713	79,260	79,260	148,561	18,800	46,600	109,600	228,611	1,010	55,776	47,600	55,403	58,000
Promotions/Maintenance	168,500	177,287	296,957	364,465	264,968	11,762	78,400	145,400	290,525	3,000	233,900	115,200	40,750	92,000
Reserve Fund Contribution					172,549
Debt Service								15,500	292,000	8,768
TOTAL EXPENDITURES	304,000	260,000	376,217	443,725	586,078	30,562	125,000	270,500	811,136	12,778	289,676	162,800	96,153	150,000
SOURCES OF FINANCING
Contribution From Reserve			0						62,419			0
Misc. Revenues				51,000	97,785				16,000				2000
2007 Proposed Levy *	253,000	260,000	173,523	175,157	467,279	8,000	138,800	273,000	649,906	12,878	289,676	164,000
													81000	150000
Vacancy Rebate	-2,000		-1,000			-500			-7,000	-50		-1,200
Tax Remissions	-8,000		-8,000		-7,000		-15,000	-2,500	-10,000	-50
Supplemental Tax Bills					7,000
2006 Proposed Payment in
Lieu of Levy			163,365	132,888	16,014	1,800	1200		11,285
Surplus	61,000		48,329	84,680	5,000	21,262			88,526			0	13,153
2006 Projected Carryforward	0	0		0	0	0	0	0	0	0	0	0	0	0
TOTAL REVENUE	304,000	260,000	376,217	443,725	586,078	30,562	125,000	270,500	811,136	12,778	289,676	162,800	96,153	150,000

DOCUMENT 2

Business Improvement Area	Prescribed Class	Rateable Assessment in Prescribed Class	Special Charge Rate	Total Special Charge
Bank St	Commercial Taxable: Full	143,150,590	0.000464	66422
	Office Building Taxable: Full	708,813,305	0.00056	396935
	Shopping Centre Taxable:		0.000386	0
	Industrial Taxable: Full	3,106,470	0.000593	1842
	Large Industrial Taxable: Full		0.000509	0
	Parking Lot Taxable: Full (No Support)	8,031,000	0.000304	2441
	Commercial Taxable: Vacant Unit/Excess Land		0.000324	0
	Office Building Taxable: Vacant Unit/Excess Land		0.000392	0
	Shopping Centre Taxable: Vacant Unit/Excess Land		0.00027	0
	Industrial Taxable: Vacant Unit/Excess Land		0.000386	0
	Large Industrial Taxable: Vacant Unit/Excess Land		0.000331	0
	Commercial Taxable: Vacant Land		0.000304	0
	Industrial Taxable: Vacant Land	2,235,000	0.000386	863
	Total CVA	865,336,365		468504
Somerset Village	Commercial Taxable: Full	4,956,695	0.001408	6979
	Office Building Taxable: Full	0	0.001701	0
	Shopping Centre Taxable:	0	0.001171	0
	Industrial Taxable: Full	0	0.001802	0
	Large Industrial Taxable: Full	0	0.001547	0
	Parking Lot Taxable: Full (No Support)	488,000	0.000922	450
	Commercial Taxable: Vacant Unit/Excess Land		0.000985	0
	Office Building Taxable: Vacant Unit/Excess Land		0.001191	0
	Shopping Centre Taxable: Vacant Unit/Excess Land		0.00082	0
	Industrial Taxable: Vacant Unit/Excess Land		0.001171	0
	Large Industrial Taxable: Vacant Unit/Excess Land		0.001006	0
	Commercial Taxable: Vacant Land		0.000922	0
	Industrial Taxable: Vacant Land		0.001171	0
	Total CVA	5,444,695		7429
Sparks St Mall	Commercial Taxable: Full	54,800,803	0.000661	36223
	Office Building Taxable: Full	168,109,208	0.000799	134319
	Shopping Centre Taxable:	0	0.00055	0
	Industrial Taxable: Full	0	0.000846	0
	Large Industrial Taxable: Full	658,520	0.000727	479
	Parking Lot Taxable: Full (No Support)	555,560	0.000433	241
	Commercial Taxable: Vacant Unit/Excess Land	0	0.000463	0
	Office Building Taxable: Vacant Unit/Excess Land	0	0.000559	0
	Shopping Centre Taxable: Vacant Unit/Excess Land	0	0.000385	0
	Industrial Taxable: Vacant Unit/Excess Land	0	0.00055	0
	Large Industrial Taxable: Vacant Unit/Excess Land	0	0.000472	0
	Commercial Taxable: Vacant Land	4,823,000	0.000433	2088
	Industrial Taxable: Vacant Land	0	0.00055	0
	Total CVA	228,947,091		173350
Business Improvement Area	Prescribed Class	Rateable Assessment in Prescribed Class	Special Charge Rate	Total Special Charge
Somerset Heights	Commercial Taxable: Full	21,652,202	0.006335	137167
	Office Building Taxable: Full	0	0.007654	0
	Shopping Centre Taxable:	0	0.00527	0
	Industrial Taxable: Full	0	0.008108	0
	Large Industrial Taxable: Full	0	0.006963	0
	Parking Lot Taxable: Full (No Support)	0	0.004151	0
	Commercial Taxable: Vacant Unit/Excess Land	0	0.004435	0
	Office Building Taxable: Vacant Unit/Excess Land	0	0.005358	0
	Shopping Centre Taxable: Vacant Unit/Excess Land	0	0.003689	0
	Industrial Taxable: Vacant Unit/Excess Land	0	0.005271	0
	Large Industrial Taxable: Vacant Unit/Excess Land	0	0.004526	0
	Commercial Taxable: Vacant Land	389,000	0.004151	1615
	Industrial Taxable: Vacant Land	0	0.005271	0
	Total CVA	22,041,202		138781
Byward Market	Commercial Taxable: Full	148,293,490	0.001326	196637
	Office Building Taxable: Full	23,054,125	0.001602	36933
	Shopping Centre Taxable:	2,384,395	0.001103	2630
	Industrial Taxable: Full	0	0.001698	0
	Large Industrial Taxable: Full	0	0.001458	0
	Parking Lot Taxable: Full (No Support)	6,509,665	0.000869	5657
	Commercial Taxable: Vacant Unit/Excess Land	0	0.000928	0
	Office Building Taxable: Vacant Unit/Excess Land	0	0.001122	0
	Shopping Centre Taxable: Vacant Unit/Excess Land	0	0.000772	0
	Industrial Taxable: Vacant Unit/Excess Land	0	0.001103	0
	Large Industrial Taxable: Vacant Unit/Excess Land	0	0.000948	0
	Commercial Taxable: Vacant Land	1,467,000	0.000869	1275
	Industrial Taxable: Vacant Land	0	0.001103	0
	Total CVA	181,708,675		243132
Preston Street	Commercial Taxable: Full	32,560,030	0.004483	145967
	Office Building Taxable: Full	19,670,505	0.005416	106535
	Shopping Centre Taxable:	0	0.003729	0
	Industrial Taxable: Full	638,640	0.005738	3665
	Large Industrial Taxable: Full	0	0.004927	0
	Parking Lot Taxable: Full (No Support)	0	0.002938	0
	Commercial Taxable: Vacant Unit/Excess Land	0	0.003138	0
	Office Building Taxable: Vacant Unit/Excess Land	0	0.003791	0
	Shopping Centre Taxable: Vacant Unit/Excess Land	0	0.00261	0
	Industrial Taxable: Vacant Unit/Excess Land	0	0.00373	0
	Large Industrial Taxable: Vacant Unit/Excess Land	0	0.003203	0
	Commercial Taxable: Vacant Land	896,000	0.002938	2632
	Industrial Taxable: Vacant Land	202,000	0.00373	753
	Total CVA	53,967,175		259552

	Business Improvement Area	Prescribed Class		Rateable Assessment in Prescribed Class		Special Charge Rate		Total Special Charge
Rideau Street		Commercial Taxable: Full	280,252,425		0.001228		344150
		Office Building Taxable: Full	49,008,390		0.001483		72679
		Shopping Centre Taxable:	208,741,830		0.001021		213125
		Industrial Taxable: Full	0		0.001571		0
		Large Industrial Taxable: Full	0		0.001349		0
		Parking Lot Taxable: Full (No Support)	8,300,000		0.000804		6673
		Commercial Taxable: Vacant Unit/Excess Land	0		0.000859		0
		Office Building Taxable: Vacant Unit/Excess Land	0		0.001038		0
		Shopping Centre Taxable: Vacant Unit/Excess Land	0		0.000715		0
		Industrial Taxable: Vacant Unit/Excess Land	0		0.001021		0
		Large Industrial Taxable: Vacant Unit/Excess Land	0		0.000877		0
		Commercial Taxable: Vacant Land	17,382,000		0.000804		13975
		Industrial Taxable: Vacant Land	0		0.001021		0
		Total CVA	563,684,645				650603
Westboro		Commercial Taxable: Full	28,665,887		0.008698		249336
		Office Building Taxable: Full	668,805		0.010508		7028
		Shopping Centre Taxable:	1,396,610		0.007235		10104
		Industrial Taxable: Full	287,905		0.011133		3205
		Large Industrial Taxable: Full	0		0.00956		0
		Parking Lot Taxable: Full (No Support)	0		0.005699		0
		Commercial Taxable: Vacant Unit/Excess Land	0		0.006089		0
		Office Building Taxable: Vacant Unit/Excess Land	0		0.007356		0
		Shopping Centre Taxable: Vacant Unit/Excess Land	0		0.005065		0
		Industrial Taxable: Vacant Unit/Excess Land	0		0.007236		0
		Large Industrial Taxable: Vacant Unit/Excess Land	0		0.006214		0
		Commercial Taxable: Vacant Land	588,000		0.005699		3351
		Industrial Taxable: Vacant Land	0		0.007236		0
		Total CVA	31,607,207				273024
Vanier		Commercial Taxable: Full	104,124,760		0.001423		148170
		Office Building Taxable: Full	78,048,395		0.001719		134165
		Shopping Centre Taxable:	3,773,525		0.001184		4468
		Industrial Taxable: Full	94,490		0.001821		172
		Large Industrial Taxable: Full	0		0.001564		0
		Parking Lot Taxable: Full (No Support)	104,500		0.000932		97
		Commercial Taxable: Vacant Unit/Excess Land	156,080		0.000996		155
		Office Building Taxable: Vacant Unit/Excess Land	10,200		0.001203		12
		Shopping Centre Taxable: Vacant Unit/Excess Land	0		0.000828		0
		Industrial Taxable: Vacant Unit/Excess Land	0		0.001184		0
		Large Industrial Taxable: Vacant Unit/Excess Land	0		0.001017		0
		Commercial Taxable: Vacant Land	1,556,000		0.000932		1450
		Industrial Taxable: Vacant Land	0		0.001184		0
		Total CVA	187,867,950				288690

Business Improvement Area	Prescribed Class	Rateable Assessment in Prescribed Class	Special Charge Rate			Total Special Charge
Manotick	Commercial Taxable: Full	24,970,920		0.006322	157866
	Office Building Taxable: Full	0		0.007638	0
	Shopping Centre Taxable:	0		0.005259	0
	Industrial Taxable: Full	81,790		0.008092	662
	Large Industrial Taxable: Full	0		0.006949	0
	Parking Lot Taxable: Full (No Support)	0		0.004143	0
	Commercial Taxable: Vacant Unit/Excess Land	0		0.004426	0
	Office Building Taxable: Vacant Unit/Excess Land	0		0.005347	0
	Shopping Centre Taxable: Vacant Unit/Excess Land	0		0.003681	0
	Industrial Taxable: Vacant Unit/Excess Land	0		0.00526	0
	Large Industrial Taxable: Vacant Unit/Excess Land	0		0.004517	0
	Commercial Taxable: Vacant Land	326,700		0.004143	1354
	Industrial Taxable: Vacant Land	0		0.00526	0
	Total CVA	25,379,410			159882
Carp	Commercial Taxable: Full	5,022,185		0.002444	12274
	Office Building Taxable: Full	0		0.002953	0
	Shopping Centre Taxable:	0		0.002033	0
	Industrial Taxable: Full	112,855		0.003129	353
	Large Industrial Taxable: Full	0		0.002687	0
	Parking Lot Taxable: Full (No Support)	0		0.001602	0
	Commercial Taxable: Vacant Unit/Excess Land	15,645		0.001711	27
	Office Building Taxable: Vacant Unit/Excess Land	0		0.002067	0
	Shopping Centre Taxable: Vacant Unit/Excess Land	0		0.001423	0
	Industrial Taxable: Vacant Unit/Excess Land	0		0.002034	0
	Large Industrial Taxable: Vacant Unit/Excess Land	0		0.001746	0
	Commercial Taxable: Vacant Land	88,500		0.001602	142
	Industrial Taxable: Vacant Land	0		0.002034	0
	Total CVA	5,239,185			12796
Barrhaven	Commercial Taxable: Full	148,508,474		0.000509	75591
	Office Building Taxable: Full	0		0.000614	0
	Shopping Centre Taxable:	39,105,810		0.000423	16542
	Industrial Taxable: Full	0		0.000651	0
	Large Industrial Taxable: Full	0		0.000559	0
	Parking Lot Taxable: Full (No Support)	0		0.000333	0
	Commercial Taxable: Vacant Unit/Excess Land	2,609,119		0.000356	929
	Office Building Taxable: Vacant Unit/Excess Land	0		0.00043	0
	Shopping Centre Taxable: Vacant Unit/Excess Land	560,517		0.000296	166
	Industrial Taxable: Vacant Unit/Excess Land	0		0.000423	0
	Large Industrial Taxable: Vacant Unit/Excess Land	3,640,000		0.000363	1321
	Commercial Taxable: Vacant Land	0		0.000333	0
	Industrial Taxable: Vacant Land	0		0.000423	0
	Total CVA	194,423,920			94549
	* Note: Minimum/maximum adjustment is included in the “Total Special Charge” Barrhaven

Business Improvement Area

Prescribed Class

Rateable Assessment in Prescribed Class

Special Charge Rate

Total Special Charge

Orleans	Commercial Taxable: Full	93,043,510	0.00135	125795
	Office Building Taxable: Full	1,943,300	0.00163	3173
	Shopping Centre Taxable:	7,616,475	0.00113	8569
	Industrial Taxable: Full	5,623,625	0.00173	9729
	Large Industrial Taxable: Full	0	0.00149	0
	Parking Lot Taxable: Full (No Support)	434,000	0.00089	385
	Commercial Taxable: Vacant Unit/Excess Land U	402,235	0.00095	381
	Office Building Taxable: Vacant Unit/Excess Land	0	0.00114	0
	Shopping Centre Taxable:Vacant Unit/Excess Land	63,690	0.00079	50
	Industrial Taxable:Vacant Unit/Excess Land	0	0.00113	0
	Large Industrial Taxable:Vacant Unit/Excess Land	0	0.00097	0
	Commercial Taxable: Vacant Land x	1,998,000	0.00089	1770
	Industrial Taxable: Vacant Land	0	0.00113	0
	Total CVA	111,124,835		149851

DOCUMENT 3

SPARKS STREET MALL AUTHORITY
COMPUTATION OF SPECIAL LEVY -2007
Net Levy Per Budget Submission		308,045
Add: Projected 2006 Surplus (Deficit)		84,680
Less: Actual 2006 Surplus (Deficit)		84,680
Budget Adjustment Requested By Mall		0
Authority
Revised Net Levy Requirement		308,045
Total Metre Frontage - Sparks Street Mall		1,678.18	Metres
2007 Special Levy Per Metre		183.55897460
2006 Special Levy Per Metre		196.36845864
Percent Increase (Decrease)		-6.52%
TOTAL MALL AUTHORITY BUDGET 2006		443,725
Funded By:
Levy		308,045
Rentals - General		51,000
Miscellaneous Revenue		0
2006 Surplus Carryforward		84,680
Total Funds Available		443,725
Mall	Per Meter	TOTAL SPECIAL CHARGE
Authority	Charge
Sparks Street Mall Authority	183.55897460	308,045

2007 BUDGETS AND SPECIAL LEVIES FOR BUSINESS
IMPROVEMENT AREAS AND SPARKS STREET MALL AUTHORITY

BUDGETS ET PRÉLÈVEMENTS SPÉCIAUX DE 2007 POUR LES ZONES D’AMÉLIORATION COMMERCIALE ET L’ADMINISTRATION DU MAIL DE LA RUE SPARKS

ACS2007-CRS-FIN-0011 city-wide / À l’Échelle de la ville

Mr. R. Diotte, a resident, spoke to a written submission, circulated to all Committee members, with respect to Closed Circuit Television (CCTV) cameras along Rideau and with respect to graffiti removal. He suggested BIA levies should include such things as the shared costs of operating CCTVs and graffiti removal. A copy of Mr. Diotte’s submission is held on file.

Responding to questions from Councillor Desroches with respect to BIA budget surpluses, Mr. Simulik indicated BIAs were not allowed to build up huge reserves. She explained that they set their budgets and determined their requirements annually, based on which the City determined their taxation requirements. Any surpluses typically go towards reducing their subsequent year’s requirement.

That the Corporate Services and Economic Development Committee recommend Council approve:

1. The 2007 Budgets, as presented in document 1, for the following agencies:

a. By Ward Market BIA

b. Preston Street BIA

c. Sparks Street BIA

d. Sparks Street Mall Authority

e. Bank Street BIA

f. Somerset Village BIA

g. Somerset Street Chinatown BIA

h. Westboro Village BIA

i. Downtown Rideau BIA

j. Vanier BIA

k. Manotick BIA

l. Carp BIA

m. Barrhaven BIA

n. Orleans BIA

2. The 2007 Business Improvement Area Special Levies and the Sparks Street Mall Authority Metre–front charge, as presented in document 3.

CARRIED