Item - 2024.RZ8.1
Tracking Status
- This item was considered by TO Live - Finance and Audit Committee on June 18, 2024 and was adopted without amendment.
- See also 2024.CT10.6
RZ8.1 - TO Live Finance and Audit Committee - 2025 Budget and Plan Consideration
- Decision Type:
- ACTION
- Status:
- Adopted
Confidential Attachment - 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
Committee Decision
The TO Live - Finance and Audit Committee recommends that the Board of Directors of TO Live:
1. Approve the 2025 Budget and Plan, with a City investment of $6.750 million, as outlined in Attachment 1 and Confidential Attachment 1 to the report (May 28, 2024) report from the President and Chief Executive Officer, TO Live.
2. Direct that Confidential Attachment 1 to the report (May 28, 2024) from the President and Chief Executive Officer, TO Live remain confidential in its entirety because it contains 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.
Decision Advice and Other Information
The Vice President, Finance and Administration, TO Live gave a presentation on 2025 Budget and Plan.
Origin
Summary
The purpose of this report is to provide detailed information on the 2025 Budget and Plan to the Finance and Audit Committee.
Background Information
https://www.toronto.ca/legdocs/mmis/2024/rz/bgrd/backgroundfile-246409.pdf
Attachment 1 - 2025 Budget and Plan
https://www.toronto.ca/legdocs/mmis/2024/rz/bgrd/backgroundfile-246410.pdf
Confidential Attachment 1 - 2025 Budget and Plan Confidential Supplementary Documents