Item - 2022.RZ14.1

Tracking Status

This item was considered by TO Live - Audit Committee on March 21, 2022 and was adopted without amendment.

RZ14.1 - Updates to Financial Policies

Decision Type:: ACTION

Status:: Adopted

Committee Decision

The TO Live - Audit Committee recommends that the Board of Directors of TO Live:

1. Approve the list of updated financial policies, as outlined in Attachments 1 and 2 to the report (March 4, 2022) from the President and Chief Executive Officer, TO Live.

Origin

(March 4, 2022) Report from the President and Chief Executive Officer, TO Live

Summary

The purpose of this report is to seek Board approval on Management's updates to TO Live's financial policies.

Background Information

(March 4, 2022) Report from the President and Chief Executive Officer, TO Live on Updates to Financial Policies
https://www.toronto.ca/legdocs/mmis/2022/rz/bgrd/backgroundfile-222643.pdf
Attachment 1 - Summary of Updates to TO Live Financial Policies
https://www.toronto.ca/legdocs/mmis/2022/rz/bgrd/backgroundfile-222644.pdf
Attachment 2 - Updated Financial Policies
https://www.toronto.ca/legdocs/mmis/2022/rz/bgrd/backgroundfile-222645.pdf

Motions

Motion to Adopt Item moved by Gillian Smith (Carried)