Item - 2019.BU6.2

Tracking Status

This item was considered by Budget Committee on May 29, 2019 and was adopted without amendment.
See also EX6.15

BU6.2 - Association of Community Centres Settlement of Operating Results for Year Ended 2017

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Committee Decision

The Budget Committee recommends that:

1. City Council direct that the accumulated surpluses of $6,490 from six Association of Community Centres be paid to the City of Toronto and be used to fund the operating deficits of $8,965 for the core administration operations of two Centres, resulting in a net payable of $2,475 for operating over-expenditures as detailed in Table II in the report (May 13, 2019) from the Chief Financial Officer and Treasurer.

Origin

(May 13, 2019) Report from the Chief Financial Officer and Treasurer

Summary

This report recommends settlement with the 10 Community Centres (Association of Community Centres) on their Core Administration Operations for 2017 based on audited financial results.

Background Information

(May 13, 2019) Report from the Chief Financial Officer and Treasurer on Association of Community Centres Settlement of Operating Results for Year Ended 2017
https://www.toronto.ca/legdocs/mmis/2019/bu/bgrd/backgroundfile-133115.pdf

Motions

1 - Motion to Adopt Item moved by Councillor Mike Layton (Carried)