Item - 2023.EP5.9
Tracking Status
- This item was considered by Exhibition Place on September 15, 2023 and was adopted with amendments.
EP5.9 - Exhibition Place Financial Report - 2nd Quarter June 30, 2023
- Decision Type:
- ACTION
- Status:
- Amended
- Wards:
- All
Confidential Attachment - Financial information that belongs to the Board of Governors of Exhibition Place and has monetary value or potential monetary value
Board Decision
The Board of Governors of Exhibition Place:
1. Received the report (August 31, 2023) from the Chief Financial Officer, Exhibition Place for information.
2. Directed that Confidential Attachment 1 to the report (August 31, 2023) from the Chief Financial Officer, Exhibition Place remain confidential as it contains financial information that belongs to the Board of Governors of Exhibition Place and has monetary value or potential monetary value.
Decision Advice and Other Information
The Board of Governors of Exhibition Place recessed its public meeting to meet in closed session to consider the item as it pertains to financial information that belongs to the Board of Governors of Exhibition Place and has monetary value or potential monetary value.
Origin
Summary
This report includes several detailed appendices that provide a full financial summary of all program areas of Exhibition Place for the second quarter (Q2) ending June 30, 2023.
Background Information
https://www.toronto.ca/legdocs/mmis/2023/ep/bgrd/backgroundfile-238955.pdf
Appendix A - Financial Summary and Variances to June 30, 2023, and YTD 2022 Comparatives
https://www.toronto.ca/legdocs/mmis/2023/ep/bgrd/backgroundfile-238956.pdf
Appendix B - Balance Sheet as at June 30, 2023, with 2022 Comparatives
https://www.toronto.ca/legdocs/mmis/2023/ep/bgrd/backgroundfile-238957.pdf
Appendix C - Cheque Disbursements Listing for Amounts Greater Than $50,000.
https://www.toronto.ca/legdocs/mmis/2023/ep/bgrd/backgroundfile-238960.pdf
Appendix D - Sole Source Commitment Activity
https://www.toronto.ca/legdocs/mmis/2023/ep/bgrd/backgroundfile-238961.pdf
Appendix E - Senior Staff Expenses
https://www.toronto.ca/legdocs/mmis/2023/ep/bgrd/backgroundfile-238962.pdf
Appendix F - Narrative for the Six (6) Month Period Ending June 30, 2023, Combined Operating Loss for Exhibition Place and Beanfield Centre
https://www.toronto.ca/legdocs/mmis/2023/ep/bgrd/backgroundfile-238963.pdf
Confidential Attachment 1 - Accounts Receivables Narratives - Exhibition Place, Enercare Centre, and Beanfield Centre as at June 30, 2023.
Confidential Attachment 1 - Appendix A - Outlines the Accounts Receivables Balances and Aging of Accounts for Exhibition Place, Enercare Centre, and Beanfield Centre as at June 30, 2023.
Motions
That the Board of Governors of Exhibition Place receive the report (August 31, 2023) from the Chief Financial Officer, Exhibition Place for information.