February 2016 Board Meeting Highlights

February 29, 2016 | Media Relations

Comments (0)

The Toronto Public Library Board met on February 22, 2016 at the Toronto Reference Library. Key topics discussed include:

Operating and Capital Budget Update

The Board adopted the 2016 operating budget of $175.9 million net ($193.5 million gross), or a 2.1% net increase. The budget increase is comprised of a base increase of $2.7 million net and service enhancements funding of $1.0 million. Budget enhancements support the City’s Poverty Reduction Strategy and are comprised of two Youth Hubs, Sunday service open hours enhancement, internet wifi hotspot lending enhancement and a Malvern digital innovation hub.

The Board also adopted the 2016-2025 capital budget and plan of $160.8 million debt ($256.5 million gross), which includes a 2016 budget of $16.9 million debt ($27.4 million gross). The capital budget and plan has been amended for funding from the Canada 150 Community Infrastructure Program of $0.9 million gross ($0 debt).

Premium Rental Space Renovation

TPL will hire a general contractor for renovations at the Toronto Reference Library that will create additional premium room rental space, address state of good repair issues and diversify TPL’s revenue streams.

Open Data Policy

The Board approved an open data policy that makes data available license-free and free of charge. In the fall of 2015, TPL held a successful Hackathon at the Toronto Reference Library in partnership with Open Data Toronto, Open Data Institute of Toronto and Wellbeing Toronto. Participants and mentors worked together to create concepts to improve library service. As part of the Hackathon, a series of data sets were provided by TPL and through the City of Toronto Open Data Catalogue. The new policy formalizes the release of datasets.

Toronto Public Library is one of the world's busiest urban public library systems. Every year, 19 million people visit our branches in neighbourhoods across the city and borrow 32 million items. To learn more about Toronto Public Library, visit torontopubliclibrary.ca or call Answerline at 416-393-7131. To get the most current updates on what's happening at the library, follow us on Twitter @torontolibrary.

-30-

Media Contact:

Ana-Maria Critchley, 416-393-7212, media@torontopubliclibrary.ca  

Comments