Item - 2019.AU3.1

Tracking Status

  • City Council adopted this item on July 16, 17 and 18, 2019 without amendments and without debate.
  • This item was considered by the Audit Committee on June 28, 2019 and adopted without amendment. It will be considered by City Council on July 16, 17 and 18, 2019.
  • See also EX35.14

AU3.1 - Financial Statements for the Year Ended December 31, 2018 - Agencies and Corporations (Part 1)

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

City Council Decision

City Council on July 16, 17 and 18, 2019, adopted the following:

 

1.  City Council receive for information, the 2018 Financial Statements and related documents for the following agencies and corporations:

 

a.  Exhibition Place;

 

b.  Toronto Parking Authority;

 

c.  Toronto Public Library;

 

d.  Toronto Transit Commission;

 

e.  Toronto Zoo;

 

f.  Heritage Toronto;

 

g.  Toronto Atmospheric Fund; and

 

h.  Yonge-Dundas Square.

1a - Exhibition Place - 2018 Financial Statements

Background Information (Committee)
(June 13, 2019) Report from the Chief Executive Officer, Exhibition Place, submitting 2018 Financial Statements for Exhibition Place
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134752.pdf
2018 Financial Statements - Exhibition Place
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134753.pdf
2018 Year-end Report - Exhibition Place
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134754.pdf

1b - Toronto Parking Authority - 2018 Financial Statements

Background Information (Committee)
2018 Financial Statements - Toronto Parking Authority
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134661.pdf
2018 Year-end Report - Toronto Parking Authority
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134663.pdf

1c - Toronto Public Library - 2018 Financial Statements

Background Information (Committee)
(June 14, 2019) Letter from the City Librarian forwarding Financial Statements and Audit Results for the year ended December 31, 2018 - Toronto Public Library Board
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134727.pdf
2018 Financial Statements - Toronto Public Library
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134721.pdf
2018 Year-end Report - Toronto Public Library
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134722.pdf

1d - Toronto Transit Commission - 2018 Financial Statements

Background Information (Committee)
(June 17, 2019) Letter from the Head of Commission Services, Toronto Transit Commission, forwarding Financial Statements for the year ended December 31, 2018
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134818.pdf
2018 Financial Statements - Toronto Transit Commission
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134819.pdf
(June 17, 2019) Letter from the Head of Commission Services, Toronto Transit Commission, forwarding the Year-end Report for the year ended December 31, 2018
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134817.pdf
2018 Year-end Report - Toronto Transit Commission
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134679.pdf

1e - Toronto Zoo - 2018 Financial Statements

Background Information (Committee)

1f - Heritage Toronto - 2018 Financial Statements

Background Information (Committee)
Representation Letter (April 23, 2019) from Welch LLP; and 2018 Financial Statements for Heritage Toronto
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-135411.pdf

1g - Toronto Atmospheric Fund - 2018 Financial Statements

Background Information (Committee)
2018 Financial Statements - Toronto Atmospheric Fund
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-135412.pdf

1h - Yonge-Dundas Square - 2018 Financial Statements

Background Information (Committee)
2018 Financial Statements - Yonge-Dundas Square
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-135413.pdf
(March 28, 2019) Representation Letter from Welch LLP
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-135414.pdf

AU3.1 - Financial Statements for the Year Ended December 31, 2018 - Agencies and Corporations (Part 1)

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Recommendations

The Audit Committee recommends that:

 

1.  City Council receive for information, the 2018 Financial Statements and related documents for the following agencies and corporations:

 

- Exhibition Place

- Toronto Parking Authority

- Toronto Public Library

- Toronto Transit Commission

- Toronto Zoo

- Heritage Toronto

- Toronto Atmospheric Fund

- Yonge- Dundas Square.

Summary

The following agencies and corporations have submitted 2018 Financial Statements and related documents to the Audit Committee for consideration:

 

- Exhibition Place

- Toronto Parking Authority

- Toronto Public Library

- Toronto Transit Commission

- Toronto Zoo

Motions

1 - Motion to Adopt Item moved by Councillor Michael Ford (Carried)

1a - Exhibition Place - 2018 Financial Statements

Summary

Financial Statements for Exhibition Place for the year ended December 31, 2018.

Background Information
(June 13, 2019) Report from the Chief Executive Officer, Exhibition Place, submitting 2018 Financial Statements for Exhibition Place
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134752.pdf
2018 Financial Statements - Exhibition Place
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134753.pdf
2018 Year-end Report - Exhibition Place
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134754.pdf

1b - Toronto Parking Authority - 2018 Financial Statements

Summary

Financial Statements for the Toronto Parking Authority for the year ended December 31, 2018.

Background Information
2018 Financial Statements - Toronto Parking Authority
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134661.pdf
2018 Year-end Report - Toronto Parking Authority
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134663.pdf

1c - Toronto Public Library - 2018 Financial Statements

Summary

Financial Statements for the Toronto Public Library for the year ended December 31, 2018.

Background Information
(June 14, 2019) Letter from the City Librarian forwarding Financial Statements and Audit Results for the year ended December 31, 2018 - Toronto Public Library Board
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134727.pdf
2018 Financial Statements - Toronto Public Library
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134721.pdf
2018 Year-end Report - Toronto Public Library
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134722.pdf

1d - Toronto Transit Commission - 2018 Financial Statements

Summary

Financial Statements for the Toronto Transit Commission for the year ended December 31, 2018.

Background Information
(June 17, 2019) Letter from the Head of Commission Services, Toronto Transit Commission, forwarding Financial Statements for the year ended December 31, 2018
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134818.pdf
2018 Financial Statements - Toronto Transit Commission
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134819.pdf
(June 17, 2019) Letter from the Head of Commission Services, Toronto Transit Commission, forwarding the Year-end Report for the year ended December 31, 2018
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134817.pdf
2018 Year-end Report - Toronto Transit Commission
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-134679.pdf

1e - Toronto Zoo - 2018 Financial Statements

Summary

Financial Statements for the Toronto Zoo for the year ended December 31, 2018.

Background Information

1f - Heritage Toronto - 2018 Financial Statements

Summary

Financial Statements for Heritage Toronto for the year ended December 31, 2018.

Background Information
Representation Letter (April 23, 2019) from Welch LLP; and 2018 Financial Statements for Heritage Toronto
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-135411.pdf

1g - Toronto Atmospheric Fund - 2018 Financial Statements

Summary

Financial Statements for the Toronto Atmospheric Fund for the year ending December 31, 2018.

Background Information
2018 Financial Statements - Toronto Atmospheric Fund
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-135412.pdf

1h - Yonge-Dundas Square - 2018 Financial Statements

Summary

Financial Statements for Yonge-Dundas Square for the year ending December 31, 2018.

Background Information
2018 Financial Statements - Yonge-Dundas Square
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-135413.pdf
(March 28, 2019) Representation Letter from Welch LLP
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-135414.pdf
Source: Toronto City Clerk at www.toronto.ca/council