Item - 2021.RA24.3

Tracking Status

  • This item was considered by CreateTO on September 13, 2021 and was adopted without amendment.

RA24.3 - Second Quarter Financial Results

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Board Decision

The Board of Directors of CreateTO:

 

1.  Received the report (August 24, 2021) from the Chief Financial Officer, CreateTO for information.

Origin

(August 24, 2021) Report from the Chief Financial Officer, CreateTO

Summary

For the six months ending June 30, 2021, CreateTO gross expenditures are $0.71 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

(August 24, 2021) Report from the Chief Financial Officer, CreateTO on the Second Quarter Financial Results
https://www.toronto.ca/legdocs/mmis/2021/ra/bgrd/backgroundfile-170165.pdf

Motions

Motion to Adopt Item moved by Ron Carinci (Carried)
Source: Toronto City Clerk at www.toronto.ca/council