Item - 2023.AU2.3

Tracking Status

  • City Council considered this item on July 19 and 20, 2023 and received the item for information. No further action will be taken on this item.
  • This item was considered by Audit Committee on July 7, 2023. It is being forwarded to City Council without recommendations. It will be considered by City Council on July 19 and 20, 2023.

AU2.3 - Financial Statements for the Year Ended December 31, 2022 - Agencies

Decision Type:
ACTION
Status:
Received
Wards:
All

City Council Decision

City Council on July 19 and 20, 2023, received Item AU2.3 for information.

 

Motions (City Council)

1 - Motion to Receive Item moved by Councillor Stephen Holyday (Carried)

That City Council receive the Item for information.

3a - Build Toronto - 2022 Consolidated Financial Statements

Background Information (Committee)
(April 23, 2023) 2022 Consolidated Financial Statements and Independent Auditors' Report - Build Toronto
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237710.pdf

3b - CreateTO - 2022 Financial Statements

Background Information (Committee)
(April 23, 2023) 2022 Financial Statements and Independent Auditors' Report - CreateTO
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237686.pdf

3c - Exhibition Place - 2022 Financial Statements

Background Information (Committee)
(June 8, 2023) Report from the Chief Executive Officer, Exhibition Place on 2022 Audited Financial Statements and Audit Findings Report for the Board of Governors of Exhibition Place
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237658.pdf
Appendix A - Financial Statements
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237659.pdf
Appendix B - Management Representation Letter
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237660.pdf
Appendix C - Audit Findings
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237661.pdf

3d - Heritage Toronto - 2022 Financial Statements

Background Information (Committee)
(March 21, 2023) 2022 Financial Statements and Independent Auditors' Report - Heritage Toronto
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237743.pdf

3e - TO Live - 2022 Financial Statements

Background Information (Committee)
(April 19, 2023) 2022 Financial Statements and Independent Auditors' Report - TO Live
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237712.pdf

3f - Toronto Atmospheric Fund - 2022 Consolidated Financial Statements

Background Information (Committee)
(April 27, 2023) 2022 Consolidated Financial Statements - Toronto Atmospheric Fund
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237744.pdf
(May 15, 2023) Letter to Management - Toronto Atmospheric Fund
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-238009.pdf

3g - Toronto Community Housing Corporation - 2022 Consolidated Financial Statements

Background Information (Committee)
(April 24, 2023) 2022 Consolidated Financial Statements and Independent Auditors' Report - Toronto Community Housing Corporation
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237739.pdf

3h - Toronto Parking Authority - 2022 Financial Statements

Background Information (Committee)
(May 25, 2023) 2022 Financial Statements and Independent Auditors' Report - Toronto Parking Authority
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237674.pdf
(April 18, 2023) 2022 Audit Findings Report - Toronto Parking Authority
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237675.pdf

3i - Toronto Port Lands Company - 2022 Consolidated Financial Statements

Background Information (Committee)
(April 24, 2023) 2022 Consolidated Financial Statements and Independent Auditors' Report - Toronto Port Lands Company
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237740.pdf

3j - Toronto Public Library - 2022 Financial Statements

Background Information (Committee)
(May 23, 2023) 2022 Financial Statements and Independent Auditors' Report - Toronto Public Library Board
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237673.pdf
(April 18, 2023) 2022 Audit Findings Report - Toronto Public Library Board
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237656.pdf

3k - Toronto Seniors Housing Corporation - 2022 Financial Statements

Background Information (Committee)
(April 27, 2023) 2022 Financial Statements and Independent Auditors' Report - Toronto Seniors Housing Corporation
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237741.pdf

3l - Toronto Transit Commission - 2022 Consolidated Financial Statements

Background Information (Committee)
(June 20, 2023) Transmittal from the Director, Commission Services, Toronto Transit Commission on 2022 Consolidated Financial Statements - Toronto Transit Commission
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237666.pdf
(June 20, 2023) Transmittal from the Director, Commission Services, Toronto Transit Commission on KPMG LLP Audit Findings Report on the Toronto Transit Commission Consolidated Financial Statements for the Year Ended December 31, 2022
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237667.pdf

3m - Toronto Zoo - 2022 Financial Statements

Background Information (Committee)
(June 13, 2023) 2022 Financial Statements and Independent Auditors' Report - Board of Management of Toronto Zoo
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237742.pdf

3n - Yonge-Dundas Square - 2022 Financial Statements

Background Information (Committee)
(April 27, 2023) 2022 Financial Statements and Independent Auditors' Report - Yonge-Dundas Square
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237745.pdf

AU2.3 - Financial Statements for the Year Ended December 31, 2022 - Agencies

Decision Type:
ACTION
Status:
Without Recs
Wards:
All

Committee Recommendations

The Audit Committee forwarded this Item to City Council without recommendations.

Summary

The following 2022 Financial Statements and related documents for the year ended December 31, 2022 have been submitted to the Audit Committee for consideration:

 

- Build Toronto
- CreateTO
- Exhibition Place
- Heritage Toronto
- TO Live
- Toronto Atmospheric Fund
- Toronto Community Housing Corporation
- Toronto Parking Authority
- Toronto Port Lands Company
- Toronto Public Library
- Toronto Seniors Housing Corporation
- Toronto Transit Commission
- Toronto Zoo
- Yonge-Dundas Square

Motions

Motion to Adopt Item moved by Councillor Frances Nunziata (Carried)

3a - Build Toronto - 2022 Consolidated Financial Statements

Summary

Consolidated Financial Statements for Build Toronto for the year ended December 31, 2022.

Background Information
(April 23, 2023) 2022 Consolidated Financial Statements and Independent Auditors' Report - Build Toronto
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237710.pdf

3b - CreateTO - 2022 Financial Statements

Summary

Financial Statements for CreateTO for the year ended December 31, 2022.

Background Information
(April 23, 2023) 2022 Financial Statements and Independent Auditors' Report - CreateTO
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237686.pdf

3c - Exhibition Place - 2022 Financial Statements

Summary

Financial Statements for Exhibition Place for the year ended December 31, 2022.

Background Information
(June 8, 2023) Report from the Chief Executive Officer, Exhibition Place on 2022 Audited Financial Statements and Audit Findings Report for the Board of Governors of Exhibition Place
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237658.pdf
Appendix A - Financial Statements
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237659.pdf
Appendix B - Management Representation Letter
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237660.pdf
Appendix C - Audit Findings
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237661.pdf

3d - Heritage Toronto - 2022 Financial Statements

Summary

Financial Statements for Heritage Toronto for the year ended December 31, 2022.

Background Information
(March 21, 2023) 2022 Financial Statements and Independent Auditors' Report - Heritage Toronto
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237743.pdf

3e - TO Live - 2022 Financial Statements

Summary

Financial Statements for TO Live for the year ended December 31, 2022.

Background Information
(April 19, 2023) 2022 Financial Statements and Independent Auditors' Report - TO Live
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237712.pdf

3f - Toronto Atmospheric Fund - 2022 Consolidated Financial Statements

Summary

Consolidated Financial Statements for Toronto Atmospheric Fund for the year ended December 31, 2022.

Background Information
(April 27, 2023) 2022 Consolidated Financial Statements - Toronto Atmospheric Fund
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237744.pdf
(May 15, 2023) Letter to Management - Toronto Atmospheric Fund
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-238009.pdf

3g - Toronto Community Housing Corporation - 2022 Consolidated Financial Statements

Summary

Consolidated Financial Statements for Toronto Community Housing Corporation for the year ended December 31, 2022.

Background Information
(April 24, 2023) 2022 Consolidated Financial Statements and Independent Auditors' Report - Toronto Community Housing Corporation
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237739.pdf

3h - Toronto Parking Authority - 2022 Financial Statements

Summary

Financial Statements for Toronto Parking Authority for the year ended December 31, 2022.

Background Information
(May 25, 2023) 2022 Financial Statements and Independent Auditors' Report - Toronto Parking Authority
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237674.pdf
(April 18, 2023) 2022 Audit Findings Report - Toronto Parking Authority
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237675.pdf

3i - Toronto Port Lands Company - 2022 Consolidated Financial Statements

Summary

Consolidated Financial Statements for Toronto Port Lands Company for the year ended December 31, 2022.

Background Information
(April 24, 2023) 2022 Consolidated Financial Statements and Independent Auditors' Report - Toronto Port Lands Company
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237740.pdf

3j - Toronto Public Library - 2022 Financial Statements

Summary

Financial Statements for Toronto Public Library for the year ended December 31, 2022.

Background Information
(May 23, 2023) 2022 Financial Statements and Independent Auditors' Report - Toronto Public Library Board
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237673.pdf
(April 18, 2023) 2022 Audit Findings Report - Toronto Public Library Board
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237656.pdf

3k - Toronto Seniors Housing Corporation - 2022 Financial Statements

Summary

Financial Statements for Toronto Seniors Housing Corporation for the year ended December 31, 2022.

Background Information
(April 27, 2023) 2022 Financial Statements and Independent Auditors' Report - Toronto Seniors Housing Corporation
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237741.pdf

3l - Toronto Transit Commission - 2022 Consolidated Financial Statements

Summary

Consolidated Financial Statements for Toronto Transit Commission for the year ended December 31, 2022.

Background Information
(June 20, 2023) Transmittal from the Director, Commission Services, Toronto Transit Commission on 2022 Consolidated Financial Statements - Toronto Transit Commission
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237666.pdf
(June 20, 2023) Transmittal from the Director, Commission Services, Toronto Transit Commission on KPMG LLP Audit Findings Report on the Toronto Transit Commission Consolidated Financial Statements for the Year Ended December 31, 2022
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237667.pdf

3m - Toronto Zoo - 2022 Financial Statements

Summary

Financial Statements for Toronto Zoo for the year ended December 31, 2022.

Background Information
(June 13, 2023) 2022 Financial Statements and Independent Auditors' Report - Board of Management of Toronto Zoo
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237742.pdf

3n - Yonge-Dundas Square - 2022 Financial Statements

Summary

Financial Statements for Yonge-Dundas Square for the year ended December 31, 2022.

Background Information
(April 27, 2023) 2022 Financial Statements and Independent Auditors' Report - Yonge-Dundas Square
https://www.toronto.ca/legdocs/mmis/2023/au/bgrd/backgroundfile-237745.pdf
Source: Toronto City Clerk at www.toronto.ca/council