Item - 2020.RA19.1

Tracking Status

This item was considered by CreateTO on December 4, 2020 and was adopted without amendment.

RA19.1 - Third Quarter Financial Results

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Board Decision

The Board of Directors of CreateTO:

1. Received the report (November 16, 2020) from the Chief Financial Officer, CreateTO for information.

Origin

(November 16, 2020) Report from the Chief Financial Officer, CreateTO

Summary

For the nine months ending September 30, 2020, CreateTO gross expenditures are $0.42 million favourable compared to budget. Annual expenditures are expected to be in line with budget.

Background Information

(November 16, 2020) Report from the Chief Financial Officer, CreateTO on Third Quarter Financial Results
https://www.toronto.ca/legdocs/mmis/2020/ra/bgrd/backgroundfile-158778.pdf

Motions

Motion to Adopt Item moved by Ron Carinci (Carried)