Budget Committee Meeting - September 15, 2015

1. Presentation: 2016-2025 TTC Capital Budget Status Update (For Action)
2. Presentation: 2016 TTC Operating Budgets Update (For Action)
3. Presentation: Preliminary 2016 TTC Operating Budget: Fare Scenarios (For Action)
4. Presentation: Proposed Service Improvements for the 2016 Operating Budget (For Action)
5. City Council Decision in Consideration of the 2015 Budget (Referred from TTC Board July 29, 2015) (For Action)

R. Byers, S. Carroll, J. Colle, J. Mihevc (Members), A. Byford (Chief Executive Officer), C. Upfold (Deputy CEO & Chief Customer Officer), R. Leary (Chief Service Officer), S. Reed Tanaka (Chief Capital Officer), V. Rodo (Chief Financial & Administration Officer), B. Ross (Executive Director - Corporate Communications), G. Shortt (Chief Operating Officer), J. Taylor (Chief of Staff), M. Roche (Head of Finance & Treasurer), M. Stambler (Head of Strategy & Service Planning), A. Borkwood (Head of Customer Development), P. Buttigieg (Director – Budgets, Costing & Financial Reporting), J. Imbrogno (Director – Capital Accounting), V. Cosentino (Director – Statistics, Finance Department), K. Lee (Head of Commission Services) and D. McDonald (Co-ordinator – Corporate Secretariat Services) were present.

Nil

Commissioner Carroll moved that the Budget Committee approve the minutes from Meeting No. 3 held on Thursday, July 30, 2015.

The motion by Commissioner Carroll carried.

a) Presentation: 2016-2025 TTC Capital Budget Status Update
Alan Yule
The Board received the deputation for information.
(See Item 1 for minute).

b) Presentation: 2016 TTC Operating Budgets Update
Alan Yule
Bob Brent
The Board received the deputations for information.
(See Item 2 for minute).

c) Presentation: Preliminary 2016 TTC Operating Budget: Fare Scenarios
Alan Yule
Bob Brent
Brenda Thompson
Scarborough Transit Action
Herman Rosenfeld
Scarborough Transit Action
The Board received the deputations for information.
(See Item 3 for minute).

d) Presentation: Proposed Service Improvements for the 2016 Operating Budget
Alan Yule
Bob Brent
The Board received the deputations for information.
(See Item 4 for minute).
TTC Budget Committee Meeting No. 4 - Minutes
Tuesday, September 15, 2015 Page 3

e) City Council Decision in Consideration of 2015 Budgets
Alan Yule
Murray Foster
Field Director – Our Place Initiative
(Submitted petition)
The Board received the deputations for information.
(See Item 5 for minute).

1. Presentation: 2016-2025 TTC Capital Budget Status Update
   
   Vincent Rodo, Chief Financial & Administration Officer, provided a PowerPoint presentation on this item.
   
   The Budget Committee received the presentation for information and took the following action:
   Commissioner Mihevc moved the following motion:
   
   1. Request TTC staff, working with the City of Toronto Manager, and Waterfront Toronto, to prioritize the East Bayfront LRT project, and to report back to the TTC’s Budget Committee on how to expedite the work, starting with the planning and engineering work.
   
   2. Request TTC staff to report back to the TTC on its bus procurement strategy and the growth assumptions inherent in the plan.
   The motion by Commissioner Mihevc carried.
   
   Chair Colle moved the following motion:
   
   i) Request TTC staff to report back on a prioritization framework for unfunded capital projects based on business case, safety/risk management considerations, project readiness, growth and other related criteria.
   
   The motion by Chair Colle carried.
   The item was adopted as amended.
2. Presentation: 2016 TTC Operating Budgets Update
   
   Vincent Rodo, Chief Financial & Administration Officer, provided a PowerPoint presentation on this item.
   
   The Budget Committee received the presentation for information and took the following action:
   
   Commissioner Mihevc moved the following motion:
   
   1. Request the Province of Ontario to return to the system of the province covering 50% of the operating shortfall of the TTC.
   
   2. Request the TTC to develop a strong campaign to this end.
   
   3. Request TTC staff to report back on commuter parking lot revenue enhancement opportunities.
   
   The motion by Commissioner Mihevc carried.
   
   Commissioner Byers moved the following motion:
   
   i) That staff provide comparable data for other transit systems on the non-passenger revenue sources idenitified on Page 4 of the Operating Budget presentation.
   
   The motion by Commission Byers carried.
   The item was adopted, as amended.
3. Presentation: Preliminary 2016 TTC Operating Budget: Fare Scenarios
   
   Chris Upfod, Deputy Chief Executive Officer & Chief Customer Officer, provided a PowerPoint presentation on this item.
   
   The Budget Committee received the presentation for information.
4. Presentation: Proposed Service Improvements for the 2016 Operating Budget
   
   Mitch Stambler, Head of Strategy & Service Planning, provided a PowerPoint presentation on this item.
   
   The Budget Committee received the presentation for information.
5. City Council Decision in Consideration of the 2015 Budget
   
   Commissioner Mihevc moved the following motion:
   
   1. Request staff to report back to the Budget Committee on the two specific items set out in the Council decision.
   
   The motion by Commissioner Mihevc carried.

The meeting adjourned at 5:40 p.m.