Item - 2015.BU8.5

Tracking Status

  • This item was considered by Budget Committee on May 19, 2015 and was adopted without amendment.

BU8.5 - Reserves and Reserve Funds Variance Report - December 31, 2014

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Decision

The Budget Committee:

 

 1.  Received the report (May 6, 2015) from the Treasurer for information.

Origin

(May 6, 2015) Report from the Treasurer

Summary

This report provides information on reserve and reserve fund balances as at December 31, 2014, and activity in reserves and reserve funds during the year. The vast majority of these funds have been committed to fund capital projects and known future liabilities, leaving minimal amounts for discretionary spending.

Background Information

(May 6, 2015) Report from the Treasurer on Reserves and Reserve Funds Variance Report - December 31, 2014
https://www.toronto.ca/legdocs/mmis/2015/bu/bgrd/backgroundfile-79788.pdf
Appendices A1, B1, C1, A2, B2, C2
https://www.toronto.ca/legdocs/mmis/2015/bu/bgrd/backgroundfile-79869.pdf

Motions

Motion to Adopt Item moved by Councillor James Pasternak (Carried)
Source: Toronto City Clerk at www.toronto.ca/council