Item - 2024.AU6.6

Tracking Status

  • City Council adopted this item on November 13 and 14, 2024 without amendments and without debate.
  • This item was considered by the Audit Committee on October 15, 2024 and adopted without amendment. It will be considered by City Council on November 13 and 14, 2024.

AU6.6 - Community Centres - 2023 Audited Financial Statements

Decision Type:
ACTION
Status:
Adopted on Consent
Wards:
All

City Council Decision

City Council on November 13 and 14, 2024, adopted the following:

 

1. City Council receive the 2023 audited financial statements and management letters, where applicable, for the Community Centres in Attachments 1 and 2 to the report (September 27, 2024) from the Auditor General for information.

Background Information (Committee)

(September 27, 2024) Report from the Auditor General on Community Centres - 2023 Audited Financial Statements
https://www.toronto.ca/legdocs/mmis/2024/au/bgrd/backgroundfile-249070.pdf
Attachment 1: Financial Statements and Report to the Board of Management - 519 Church Street Community Centre
https://www.toronto.ca/legdocs/mmis/2024/au/bgrd/backgroundfile-249071.pdf
Attachment 2: Financial Statements and Report to the Board of Management - Community Centre 55
https://www.toronto.ca/legdocs/mmis/2024/au/bgrd/backgroundfile-249072.pdf

AU6.6 - Community Centres - 2023 Audited Financial Statements

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Recommendations

The Auditor General recommends that:

 

1. City Council receive the 2023 audited financial statements and management letters, where applicable, for the Community Centres in Attachments 1 and 2 to the report (September 27, 2024) from the Auditor General for information.

Origin

(September 27, 2024) Report from the Auditor General

Summary

The purpose of this report is to provide the Audit Committee and City Council with the 2023 audited financial statements of Community Centres.

 

The 2023 audited financial statements for the 10 Community Centres are presented to Audit Committee after approval by their respective Boards of Management.

 

Of the 10 City Community Centres, the audited financial statements for eight Community Centres were previously presented at the July 5, 2024 meeting of the Audit Committee. This report provides City Council with the 2023 Independent Auditor's Reports, accompanying financial statements and management control letters (where applicable) for the two remaining Community Centres.

Background Information

(September 27, 2024) Report from the Auditor General on Community Centres - 2023 Audited Financial Statements
https://www.toronto.ca/legdocs/mmis/2024/au/bgrd/backgroundfile-249070.pdf
Attachment 1: Financial Statements and Report to the Board of Management - 519 Church Street Community Centre
https://www.toronto.ca/legdocs/mmis/2024/au/bgrd/backgroundfile-249071.pdf
Attachment 2: Financial Statements and Report to the Board of Management - Community Centre 55
https://www.toronto.ca/legdocs/mmis/2024/au/bgrd/backgroundfile-249072.pdf

Motions

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