Item - 2021.RA22.1
Tracking Status
- This item was considered by CreateTO on May 11, 2021 and was adopted with amendments.
RA22.1 - First Quarter Financial Results
- Decision Type:
- ACTION
- Status:
- Amended
- Wards:
- All
Board Decision
The Board of Directors of CreateTO:
1. Requested the Chief Financial Officer, CreateTO to report to the next meeting of the Board of Directors of CreateTO with information on revenues for CreateTO, including revenues related to Housing Now.
Origin
(April 26, 2021) Report from the Chief Financial Officer, CreateTO
Summary
For the three months ending March 31, 2021, CreateTO gross expenditures are $0.37 million favourable compared to budget. Annual expenditures are expected to be in line with the approved budget of $14.6 million gross, $0 net.
Background Information
(April 26, 2021)
Report from the Chief Financial Officer, CreateTO on First Quarter Financial Results
https://www.toronto.ca/legdocs/mmis/2021/ra/bgrd/backgroundfile-166151.pdf
https://www.toronto.ca/legdocs/mmis/2021/ra/bgrd/backgroundfile-166151.pdf
Motions
Motion
to Amend Item
moved by
Ron Carinci
(Carried)
That:
1. The Chief Financial Officer, CreateTO report to the next meeting of the Board with information on revenues for CreateTO, including revenues related to Housing Now.