Item - 2019.AU4.22
Tracking Status
- City Council adopted this item on October 29 and 30, 2019 without amendments.
- This item was considered by the Audit Committee on October 25, 2019 and adopted without amendment. It will be considered by City Council on October 29 and 30, 2019.
AU4.22 - Community Centres - 2018 Audited Financial Statements Update
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
City Council Decision
City Council on October 29 and 30, 2019, adopted the following:
1. City Council receive the 2018 audited financial statements of Community Centres attached to the report (October 4, 2019) from the Auditor General.
City Council Decision Advice and Other Information
During the review of the Order Paper on October 29, 2019, City Council adopted a procedural motion to remove this Item from the jurisdiction of the Audit Committee and bring it forward for consideration by City Council.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-138796.pdf
Attachment 1: Financial Statements - 519 Church Street Community Centre
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-138797.pdf
Motions (City Council)
That in accordance with Section 27-7.10 of Council Procedures, City Council remove Item AU4.22, headed "Community Centres - 2018 Audited Financial Statements Update" from the Audit Committee and bring the Item forward to City Council for consideration.
AU4.22 - Community Centres - 2018 Audited Financial Statements Update
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Recommendations
The Audit Committee recommends that:
1. City Council receive the 2018 audited financial statements of Community Centres attached to the report (October 4, 2019) from the Auditor General.
Origin
Summary
The purpose of this report is to provide the Audit Committee and City Council with an update on the remaining 2018 audited financial statements of Community Centres.
The 2018 audited financial statements for the 10 Community Centres are presented to Audit Committee after approval by their respective Boards of Management. The external auditor, Welch LLP, advise that they have provided their comments on internal controls to some organizations by way of a report to the Board.
Each Community Centre’s Independent Auditor’s Report, accompanying financial statements, and internal control letter (where applicable) is attached to this report.
Background Information
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-138796.pdf
Attachment 1: Financial Statements - 519 Church Street Community Centre
https://www.toronto.ca/legdocs/mmis/2019/au/bgrd/backgroundfile-138797.pdf