Item - 2024.EP10.4

Tracking Status

  • This item was considered by Exhibition Place on June 5, 2024 and was adopted without amendment.

EP10.4 - Exhibition Place Financial Report - First Quarter March 31, 2024

Decision Type:
ACTION
Status:
Adopted
Ward:
10 - Spadina - Fort York

Confidential Attachment - Financial information that belongs to the Board of Governors of Exhibition Place and has monetary value or potential monetary value

Board Decision

The Board of Governors of Exhibition Place:

 

1.  Received the report (May 22, 2024) from the Chief Executive Officer, Exhibition Place for information.

 

2.  Directed that Confidential Attachment 1 to the report (May 22, 2024) from the Chief Executive Officer, Exhibition Place remain confidential as it contains financial information that belongs to the Board of Governors of Exhibition Place and has monetary value or potential monetary value.

Decision Advice and Other Information

The Board of Governors of Exhibition Place recessed its public meeting to meet in closed session to consider the item as it contains financial information that belongs to the Board of Governors of Exhibition Place and has monetary value or potential monetary value.

Origin

(May 22, 2024) Report from the Chief Executive Officer, Exhibition Place

Summary

This report includes several detailed appendices that provide a full financial summary of all program areas of Exhibition Place for the 1st quarter (Q1) ending March 31, 2024.

Background Information

(May 22, 2024) Report from the Chief Executive Officer, Exhibition Place on Exhibition Place Financial Report - First Quarter March 31, 2024
https://www.toronto.ca/legdocs/mmis/2024/ep/bgrd/backgroundfile-245990.pdf
Appendix A - Combined Exhibition Place First Quarter 2024
https://www.toronto.ca/legdocs/mmis/2024/ep/bgrd/backgroundfile-245991.pdf
Appendix B - Balance Sheet as at March 31, 2024
https://www.toronto.ca/legdocs/mmis/2024/ep/bgrd/backgroundfile-245992.pdf
Appendix C - Disbursement Over $50K, First Quarter 2024
https://www.toronto.ca/legdocs/mmis/2024/ep/bgrd/backgroundfile-245993.pdf
Appendix D - Sole Source First Quarter 2024
https://www.toronto.ca/legdocs/mmis/2024/ep/bgrd/backgroundfile-245994.pdf
Appendix E - Senior Management Expenses First Quarter 2024
https://www.toronto.ca/legdocs/mmis/2024/ep/bgrd/backgroundfile-245995.pdf
Appendix F - Combined Financial Report First Quarter 2024
https://www.toronto.ca/legdocs/mmis/2024/ep/bgrd/backgroundfile-245996.pdf
Confidential Attachment 1 - Exhibition Place Accounts Receivables Narratives
Confidential Attachment 1 - Appendix A - Outlines the Accounts Receivables Balances and Aging of Accounts for Exhibition Place, Enercare Centre and Beanfield Centre as at March 31, 2024

Motions

Motion to Meet in Closed Session moved by Deputy Mayor Ausma Malik (Carried)

10:04 a.m. - That the Board of Governors of Exhibition Place recess its public meeting to meet in closed session to consider the item as it pertains to financial information that belongs to the Board of Governors of Exhibition Place and has monetary value or potential monetary value.


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