Item - 2025.AU10.7
Tracking Status
- City Council adopted this item on November 12 and 13, 2025 without amendments.
- This item was considered by the Audit Committee on November 5, 2025 and adopted without amendment. It will be considered by City Council on November 12 and 13, 2025.
AU10.7 - Community Centre 55 - 2024 Audited Financial Statements
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 19 - Beaches - East York
City Council Decision
City Council on November 12 and 13, 2025, adopted the following:
1. City Council receive the 2024 Audited Financial Statements and Management Letter, for Community Centre 55 in Attachment 1 to the report (October 20, 2025) from the Auditor General for information.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2025/au/bgrd/backgroundfile-259554.pdf
Attachment 1: Financial Statements and Report to the Board of Management - Community Centre 55
https://www.toronto.ca/legdocs/mmis/2025/au/bgrd/backgroundfile-259555.pdf
Communications (City Council)
Motions (City Council)
AU10.7 - Community Centre 55 - 2024 Audited Financial Statements
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 19 - Beaches - East York
Committee Recommendations
The Audit Committee recommends that:
1. City Council receive the 2024 audited financial statements and management letter, for Community Centre 55 in Attachment 1 to the report (October 20, 2025) from the Auditor General for information.
Origin
Summary
The purpose of this report is to provide the Audit Committee and City Council with the 2024 audited financial statements of Community Centres.
The 2024 audited financial statements for the 10 Community Centres are presented to Audit Committee after approval by their respective Boards of Management.
The financial statements for nine Community Centres were previously presented at the July 11, 2025 Audit Committee. This report presents City Council with the Independent Auditor's Report, accompanying financial statements and management control letter for the one remaining Community Centre.
Background Information
https://www.toronto.ca/legdocs/mmis/2025/au/bgrd/backgroundfile-259554.pdf
Attachment 1: Financial Statements and Report to the Board of Management - Community Centre 55
https://www.toronto.ca/legdocs/mmis/2025/au/bgrd/backgroundfile-259555.pdf