Item - 2024.ZB12.4

The Director, Finance, Technology and Innovation recommends that:

1. Board of Management of the Toronto Zoo approve the 2025 Operating Plan and Budget as attached in Attachment 1.

This report submits the Toronto Zoo 2025 Operating Plan and Budget for approval. The Policy & Finance Committee reviewed the 2025 Operating Plan and Budget on 2024-09-12 and recommended it for approval by the Board.

Approval of the 2025 Operating Plan and Budget will require net expenditure funding from the City of Toronto in the amount of $13.9 million (an increase of 7.3 percent from 2024 budget and decrease of 14.3 percent from 2023 actuals), consisting of gross expenditures of $72.8 million and revenues and recoveries in the amount of $58.9 million.