Item - 2020.AU6.9

During the review of the Order Paper on October 27, 2020, City Council adopted a procedural motion to remove this Item from the Audit Committee and bring it forward to City Council for consideration.

The Audit Committee recommends that:

1.  City Council receive for information the 2018 and 2019 Financial Statements and related documents for the years ended December 31, 2018 and December 31, 2019 for the following City of Toronto Agencies:

- Exhibition Place

- Heritage Toronto

- TO Live (formerly operating as the Hummingbird Centre for the Performing Arts, operating as Civic Theatres Toronto)

- Toronto Atmospheric Fund

- Toronto Parking Authority

- Toronto Public Library

- Toronto Transit Commission

- Toronto Zoo

- Yonge-Dundas Square

The Audit Committee:

1.  Received for information the 2019 Financial Statements and related documents for the year ended December 31, 2019 for the following City of Toronto Corporations and Partnered Corporation, having regard that the 2019 Financial Statements and related documents have previously been considered by City Council:

- Build Toronto

- Casa Loma Corporation

- Lakeshore Arena Corporation

- Toronto Community Housing Corporation

- Toronto Hydro Corporation

- Toronto Pan Am Sports Centre Inc.

- Toronto Port Lands Company

The following agencies have submitted 2018 and 2019 Financial Statements and related documents for the years ended December 31, 2018 and December 31, 2019 to the Audit Committee for consideration:

- Exhibition Place

- Heritage Toronto

- TO Live (formerly operating as the Hummingbird Centre for the Performing Arts, operating as Civic Theatres Toronto)

- Toronto Atmospheric Fund

- Toronto Parking Authority

- Toronto Public Library

- Toronto Transit Commission

- Toronto Zoo

- Yonge-Dundas Square

In addition, City Council has received and forwarded the 2019 Financial Statements and related documents for the year ended December 31, 2019 for the following corporations and partnered corporation to the Audit Committee for information:

- Build Toronto

- Casa Loma Corporation

- Lakeshore Arena Corporation

- Toronto Community Housing Corporation

- Toronto Hydro Corporation

- Toronto Pan Am Sports Centre Inc.

- Toronto Port Lands Company

Financial Statements for Exhibition Place for the year ended December 31, 2019.

Financial Statements for Heritage Toronto for the year ended December 31, 2019

Financial Statements for TO Live (formerly operating as the Hummingbird Centre for the Performing Arts, operating as Civic Theatres Toronto) for the years ended December 31, 2018 and December 31, 2019.

Consolidated Financial Statements for the Toronto Atmospheric Fund for the year ended December 31, 2019.

Financial Statements for the Toronto Parking Authority for the year ended December 31, 2019.

Financial Statements for the Toronto Public Library for the year ended December 31, 2019.

Consolidated Financial Statements for the Toronto Transit Commission for the year ended

December 31, 2019.

Financial Statements for the Toronto Zoo for the year ended December 31, 2019.

Financial Statements for Yonge-Dundas Square for the year ended December 31, 2019.

City Council on September 30, October 1 and 2, 2020, adopted Item EX16.14, headed "Build Toronto - Annual General Meeting and 2019 Audited Financial Statements", and in so doing, has forwarded a copy of the "Build Toronto 2019 Audited Annual Financial Statements" to the Audit Committee for information. 

City Council on September 30, October 1 and 2, 2020, adopted Item EX16.15, headed "Casa Loma Corporation - Annual General Meeting and 2019 Audited Financial Statements", and in in so doing, has forwarded a copy of the "Casa Loma Corporation 2019 Audited Annual Financial Statements" to the Audit Committee for information.

City Council on September 30, October 1 and 2, 2020, adopted Item EX16.16, headed "Lakeshore Arena Corporation - Annual General Meeting and 2019 Audited Financial Statements", and in so doing, has forwarded a copy of the "Lakeshore Arena Corporation 2019 Audited Annual Financial Statements" to the Audit Committee for information.

City Council on September 30, October 1 and 2, 2020, adopted Item EX16.17, headed "Toronto Community Housing Corporation - Annual General Meeting and 2019 Audited Financial Statements", and in so doing, has forwarded a copy of "Toronto Community Housing Corporation, 2019 Audited Consolidated Financial Statements, for the period ending December 31, 2019" to the Audit Committee for information.

City Council on September 30, October 1 and 2, 2020, adopted Item EX16.18, headed "Toronto Hydro Corporation - Annual General Meeting and 2019 Audited Financial Statements", and in so doing, has forwarded a copy of the "Toronto Hydro Corporation 2019 Financial Report and Consolidated Financial Statements" to the Audit Committee for information.

City Council on September 30, October 1 and 2, 2020, adopted Item EX16.19, headed "Toronto Pan Am Sports Centre Inc. - Annual General Meeting and 2019 Audited Financial Statements", and in so doing, has forwarded a copy of the "Toronto Pan Am Sports Centre Inc. 2019 Audited Annual Financial Statements" to the Audit Committee for information.

City Council on September 30, October 1 and 2, 2020, adopted Item EX16.20, headed "Toronto Port Lands Company - Annual General Meeting and 2019 Audited Financial Statements", and in so doing, has forwarded a copy of the "Toronto Port Lands Company 2019 Audited Annual Financial Statements" to the Audit Committee for information.