Item - 2015.AU4.10

Tracking Status

  • City Council adopted this item on November 3, 2015 without amendments and without debate.
  • This item was considered by the Audit Committee on October 23, 2015 and adopted without amendment. It will be considered by City Council on November 3, 2015.

AU4.10 - Response to Audit Committee's Request for Information Related to Item AU3.2f Toronto Parking Authority - 2014 Financial Statements

Decision Type:
ACTION
Status:
Adopted on Consent
Wards:
All

City Council Decision

City Council on November 3 and 4, 2015, adopted the following:

 

1.  City Council request the City Treasurer to confirm that all City agencies and corporations understand the OMERS rules for determining contributory earnings and to confirm taxable benefits have been correctly included in contributory earnings, where applicable.

 

2.  City Council authorize the public release of Confidential Attachment 1 to the report (October 7, 2015) from the Auditor General, upon advice of the Auditor General.

 

Confidential Attachment 1 to the report (October 7, 2015) from the Auditor General remains confidential in its entirety at this time in accordance with the provisions of the City of Toronto Act, 2006, as it pertains to labour relations or employee negotiations.  Confidential Attachment 1 to the report (October 7, 2015) from the Auditor General will be made public upon advice of the Auditor General.

Confidential Attachment - Labour relations or employee negotiations

Background Information (Committee)

(October 7, 2015) Report from the Auditor General - Response to Audit Committee’s Request for Information Related to Item AU3.2f Toronto Parking Authority - 2014 Financial Statements
https://www.toronto.ca/legdocs/mmis/2015/au/bgrd/backgroundfile-84558.pdf
Confidential Attachment 1

AU4.10 - Response to Audit Committee's Request for Information Related to Item AU3.2f Toronto Parking Authority - 2014 Financial Statements

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Confidential Attachment - Labour relations or employee negotiations

Committee Recommendations

The Audit Committee recommends that:

 

1.  City Council request the City Treasurer to confirm that all City agencies and corporations understand the OMERS rules for determining contributory earnings and to confirm taxable benefits have been correctly included in contributory earnings, where applicable.

 

2.  City Council authorize the public release of Confidential Attachment 1 to the report (October 7, 2015) from the Auditor General, upon advice of the Auditor General.

Origin

(October 7, 2015) Report from the Auditor General

Summary

This report provides additional information related to the under contribution of Toronto Parking Authority (TPA) employee pension contributions, as requested by Audit Committee at its meeting on June 26, 2015.

Background Information

(October 7, 2015) Report from the Auditor General - Response to Audit Committee’s Request for Information Related to Item AU3.2f Toronto Parking Authority - 2014 Financial Statements
https://www.toronto.ca/legdocs/mmis/2015/au/bgrd/backgroundfile-84558.pdf
Confidential Attachment 1

Motions

1 - Motion to Adopt Item moved by Councillor Josh Matlow (Carried)
Source: Toronto City Clerk at www.toronto.ca/council