Item - 2022.RA31.5

Tracking Status

  • This item was considered by CreateTO on May 17, 2022 and was adopted without amendment.

RA31.5 - First Quarter Financial Results

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Board Decision

The Board of Directors of CreateTO:

 

1.  Received the report (April 26, 2022) from the Chief Financial Officer, CreateTO for information.

Origin

(April 26, 2022) Report from the Chief Financial Officer, CreateTO

Summary

For the three months ending March 31, 2022, CreateTO gross expenditures are $0.50 million favourable compared to budget. Annual expenditures are expected to be in line with the approved budget of $16.33 million gross, $0 net.

Background Information

(April 26, 2022) Report from the Chief Financial Officer, CreateTO on First Quarter Financial Results
https://www.toronto.ca/legdocs/mmis/2022/ra/bgrd/backgroundfile-225395.pdf

Motions

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