Item - 2023.RZ2.1

Tracking Status

This item was considered by TO Live - Finance and Audit Committee on February 13, 2023 and was adopted without amendment.

RZ2.1 - Updated 2023 Budget

Decision Type:: ACTION

Status:: Adopted

Committee Decision

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

1. Approve the updated 2023 Operating Budget, based on a reduced City investment now totalling $6.172 Million, as set out in Attachment 1 to the report (February 1, 2023) from the President and Chief Executive Officer, TO Live.

Origin

(February 1, 2023) Report from the President and Chief Executive Officer, TO Live

Summary

The purpose of this report is to provide an update on the 2023 budget.

Background Information

(February 1, 2023) Report from the President and Chief Executive Officer, TO Live on Updated 2023 Budget
https://www.toronto.ca/legdocs/mmis/2023/rz/bgrd/backgroundfile-234222.pdf
Attachment 1 - Updated 2023 Budget
https://www.toronto.ca/legdocs/mmis/2023/rz/bgrd/backgroundfile-234223.pdf

Motions

Motion to Adopt Item moved by Gillian Smith (Carried)