130 likes | 273 Views
quadrant advisory group limited Enhancing our living and learning communities. Toronto Catholic District School Board 2013 Education Development Charges Public Meeting. May 9, 2013. Toronto Catholic District School Board – 2013 Proposed Education Development Charges -- Background.
E N D
quadrant advisory group limited Enhancing our living and learning communities Toronto Catholic District School Board2013 Education Development ChargesPublic Meeting May 9, 2013
Toronto Catholic District School Board – 2013 Proposed Education Development Charges -- Background quadrant advisory group limited • EDC’s are to be used to acquire land for “growth related needs” • School Boards must meet an eligibility trigger to qualify for Education Development Charges (EDC’s) successor by-law • There are two ways a Board may qualify: 1. A Board’s total 5 year projected enrolment (ADE) must exceed the Board’s On-The-Ground capacity on either the elementary or secondary panel, jurisdiction-wide OR 2. A Board must have a deficit balance in its EDC account fund in the area of a current EDC by-law • The Toronto Catholic District School Board is eligible to impose a successor EDC by-law based on the first criteria.
Eligibility to Impose an EDC quadrant advisory group limited
EDC By-Law Structure quadrant advisory group limited 1. Existing EDC By-law (75 % residential/25% non-residential) • $544 per residential dwelling unit • $0.58 per non-residential sq. ft. of Gross Floor Area • $57.4 million in net education land costs 2. Proposed EDC By-law (75 % residential/25% non-residential) • $1,309 per residential dwelling unit • $ 0.94 per non-residential sq. ft. of Gross Floor Area • $268.4 million in net education land costs
Projection of New Dwelling Units quadrant advisory group limited
Demographic Trends quadrant advisory group limited
Growth Related Pupil Yields quadrant advisory group limited
Growth Related Pupil Yields quadrant advisory group limited
Enrolment Projections – TCDSB quadrant advisory group limited Proposed By-law
Determination of Net Growth-Related Pupil Places (TCDSB) quadrant advisory group limited
EDC Calculation - Proposed 2013 quadrant advisory group limited
Proposed EDC by-law quadrant advisory group limited Toronto Catholic District School Board will consider adoption of the EDC by-law on May 23rd , 2013 and if passed, EDC by-law will be implemented on May 28th, 2013 (although the Ministry of Education would prefer a later by-law adoption date). By-law must be adopted no later than August 20th, 2013 in order maintain continuity.