Item - 2020.RA17.1
Tracking Status
- This item was considered by CreateTO on October 9, 2020 and was adopted without amendment.
RA17.1 - Second Quarter Financial Results
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Board Decision
The Board of Directors of CreateTO:
1. Received the report (September 24, 2020) from the Chief Executive Officer, CreateTO for information.
Decision Advice and Other Information
The Chief Financial Officer, CreateTO gave an overview of the item.
Origin
(September 24, 2020) Report from the Chief Executive Officer, CreateTO
Summary
For the six months ending June 30, 2020, CreateTO gross expenditures are $0.48 million favourable compared to budget. Annual expenditures are expected to be in line with the approved budget of $14.4 million gross, $0 net.
Background Information
(September 24, 2020)
Report from the Chief Executive Officer, CreateTO on Second Quarter Financial Results
https://www.toronto.ca/legdocs/mmis/2020/ra/bgrd/backgroundfile-157032.pdf
https://www.toronto.ca/legdocs/mmis/2020/ra/bgrd/backgroundfile-157032.pdf
Motions
Motion
to Adopt Item
moved by
Ron Carinci
(Carried)