Item - 2019.RZ2.6
Tracking Status
- This item was considered by TO Live - Audit Committee on June 10, 2019 and was adopted with amendments. It will be considered by City Council on June 18 and 19, 2019.
RZ2.6 - 2020 Budget
- Decision Type:
- ACTION
- Status:
- Amended
Confidential Attachment - Financial information supplied in confidence to the Board of Directors of TO Live, which, if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization and pertain to labour relations or employee negotiations
Committee Recommendations
The Audit Committee recommends that the Board of Directors of TO Live:
1. Receive the 2020 Budget Commentary and Presentation, as noted in Attachment 1 and Confidential Attachments 1 and 2 to the report (May 27, 2019) from the President and Chief Executive Officer, TO Live.
2. Direct that Confidential Attachments 1 and 2 to the report (May 27, 2019) from the President and Chief Executive Officer, TO Live remain confidential in their entirety because if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.
3. Direct that Confidential Attachments 3, 4, 5 and 6 to the report (May 27, 2019) from the President and Chief Executive Officer, TO Live remain confidential in their entirety as they pertain to labour relations or employee negotiations.
Decision Advice and Other Information
The Audit Committee recessed its public meeting to meet in closed session to consider the item as it pertains to financial information supplied in confidence to the Board of Directors of TO Live, which, if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization and labour relations or employee negotiations.
Origin
Summary
The purpose of this report is to present the 2020 Budgets.
Background Information
https://www.toronto.ca/legdocs/mmis/2019/rz/bgrd/backgroundfile-133571.pdf
Attachment 1 - 2020 Budget Presentation
https://www.toronto.ca/legdocs/mmis/2019/rz/bgrd/backgroundfile-133769.pdf
Confidential Attachment 1 - 2020 Budget Commentary
Confidential Attachment 2 - 2020 Budget Presentation
(June 10, 2019) Confidential Attachment 3
(June 10, 2019) Confidential Attachment 4
(June 10, 2019) Confidential Attachment 5
(June 10, 2019) Confidential Attachment 6
Motions
That Board of Directors of TO Live direct that Confidential Attachments 3, 4, 5 and 6 remain confidential in their entirety as they pertain to labour relations or employee negotiations.