Item - 2023.RZ3.1

Tracking Status

RZ3.1 - 2022 Audited Financial Results Report

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 2022 Audited Financial Results as noted in Attachment 1 and Attachment 2 to the report (March 29, 2023) from the President and Chief Executive Officer, TO Live.

Decision Advice and Other Information

The TO Live - Finance and Audit Committee recessed its public session to meet in closed session to consider the item as it pertains to financial information supplied in confidence to the Board of Directors of TO Live, which, if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

Origin

(March 29, 2023) Report from the President and Chief Executive Officer, TO Live

Summary

The purpose of this report is to present to the Board the 2022 audited financial results for The Board of Directors of TO Live.

Background Information

(March 29, 2023) Report from the President and Chief Executive Officer, TO Live on 2022 Audited Financial Results Report
https://www.toronto.ca/legdocs/mmis/2023/rz/bgrd/backgroundfile-235559.pdf
Attachment 1 - TO Live 2022 KPMG LLP Audited Financial Statements
https://www.toronto.ca/legdocs/mmis/2023/rz/bgrd/backgroundfile-235560.pdf
Attachment 2 - 2022 KPMG LLP Audit findings report
https://www.toronto.ca/legdocs/mmis/2023/rz/bgrd/backgroundfile-235561.pdf

Motions

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