Item - 2024.CT8.6

Tracking Status

  • This item was considered by TO Live on February 15, 2024 and was adopted without amendment.
  • See also RZ7.3

CT8.6 - Updates to Financial Policies

Decision Type:
ACTION
Status:
Adopted

Board Decision

The Board of Directors of TO Live:  

 

1. Approved the list of updated financial policies, as outlined in Attachments 1 and 2 to the report (January 25, 2024) from the President and Chief Executive Officer, TO Live.

Origin

(January 25, 2024) Report from the President and Chief Executive Officer, TO Live

Summary

The purpose of this report is to seek Board approval on updates to TO Live's financial policies.

Background Information

(January 25, 2024) Report from the President and Chief Executive Officer, TO Live on Updates to Financial Policies
https://www.toronto.ca/legdocs/mmis/2024/ct/bgrd/backgroundfile-242847.pdf
Attachment 1 - Summary of Updates to TO Live Financial Policies
https://www.toronto.ca/legdocs/mmis/2024/ct/bgrd/backgroundfile-242848.pdf
Attachment 2 - Updated Financial Policies
https://www.toronto.ca/legdocs/mmis/2024/ct/bgrd/backgroundfile-242849.pdf

Motions

Motion to Adopt Item moved by Dawn T. Maracle (Carried)

6a - Updates to Financial Policies

Origin
(February 12, 2024) Letter from TO Live - Finance and Audit Committee
Summary

At its meeting on February 12, 2024, TO Live - Finance and Audit Committee considered item RZ7.3 and made recommendations to the Board of Directors of TO Live.


Summary from the report (January 20, 2024) from the President and Chief Executive Officer, TO Live:
The purpose of this report is to seek Board approval on updates to TO Live's financial policies.

Background Information
(February 12, 2024) Letter from the TO Live - Finance and Audit Committee on Updates to Financial Policies
https://www.toronto.ca/legdocs/mmis/2024/ct/bgrd/backgroundfile-243097.pdf
(January 25, 2024) Report from the President and Chief Executive Officer, TO Live on Updates to Financial Policies
https://www.toronto.ca/legdocs/mmis/2024/ct/bgrd/backgroundfile-243103.pdf
Attachment 1 - Summary of Updates to TO Live Financial Policies
https://www.toronto.ca/legdocs/mmis/2024/ct/bgrd/backgroundfile-243104.pdf
Attachment 2 - Updated Financial Policies
https://www.toronto.ca/legdocs/mmis/2024/ct/bgrd/backgroundfile-243105.pdf
Source: Toronto City Clerk at www.toronto.ca/council