Item - 2021.RA27.2

Tracking Status

  • This item was considered by CreateTO on November 22, 2021 and was adopted without amendment.

RA27.2 - Third Quarter Financial Results

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Board Decision

The Board of Directors of CreateTO:

 

1.  Received the report (November 5, 2021) from the Chief Financial Officer, CreateTO for information.

Origin

(November 5, 2021) Report from the Chief Financial Officer, CreateTO

Summary

For the nine months ending September 30, 2021, CreateTO gross expenditures are $0.58 million favourable compared to budget. Annual expenditures are expected to be favourable by $0.25 million compared with the approved budget of $14.6 million gross, $0 net.

Background Information

(November 5, 2021) Report from the Chief Financial Officer, CreateTO on Third Quarter Financial Results
https://www.toronto.ca/legdocs/mmis/2021/ra/bgrd/backgroundfile-173033.pdf

Motions

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