Item - 2024.CT11.5

Tracking Status

  • This item was considered by TO Live on September 12, 2024 and was adopted without amendment.

CT11.5 - 2024 Second Quarter Financial Results and Commentary

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Confidential Attachment - Financial information supplied in confidence to the Board of Directors to TO Live, which if disclosed, could reasonably be expected to significantly prejudice the competitive position or significantly interfere with the contractual or other negotiations of a person, group of persons or organization.

Board Decision

The Board of Directors of TO Live:  

 

1. Approved the 2024 second quarter financial operating results, as noted in Confidential Attachment 1 to the report (August 19, 2024) from the President and Chief Executive Officer, TO Live.

 

2. Directed that Confidential Attachments 1 and 2 to the report (August 19, 2024) from the President and Chief Executive Officer, TO Live remain confidential in their entirety, as they contain financial information supplied in confidence to the Board of Directors of TO Live, which, if disclosed, could reasonably be expected to significantly prejudice the competitive position or significantly interfere with the contractual or other negotiations of a person, group of persons, or organization.

Origin

(August 19, 2024) Report from the President and Chief Executive Officer, TO Live

Summary

The purpose of this report is to present the 2024 second quarter financial results to the Board.

Background Information

(August 19, 2024) Report from the President and Chief Executive Officer, TO Live on 2024 Second Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2024/ct/bgrd/backgroundfile-248244.pdf
Confidential Attachment 1 - 2024 Second Quarter Operating Results Commentary
Confidential Attachment 2 - 2024 Second Quarter Statement of Contribution Margin

Motions

Motion to Adopt Item moved by Mustafa Humayun (Carried)

5a - 2024 Second Quarter Financial Results and Commentary

Origin
(September 10, 2024) Letter from TO Live - Finance and Audit Committee
Summary

At its meeting on September 10, 2024, TO Live - Finance and Audit Committee considered item RZ9.1 and made recommendations to the Board of Directors of TO Live.


Summary from the report (August 19, 2024) from the President and Chief Executive Officer, TO Live:


The purpose of this report is to present the 2024 second quarter financial results to the Board.

Background Information
(September 10, 2024) Decision Letter from TO Live - Finance and Audit Committee on 2024 Second Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2024/ct/bgrd/backgroundfile-248638.pdf
Source: Toronto City Clerk at www.toronto.ca/council