Item - 2025.CT15.2

Tracking Status

  • This item was considered by TO Live on April 17, 2025 and was adopted with amendments.

CT15.2 - 2024 Audited Financial Results Report

Decision Type:
ACTION
Status:
Amended
Wards:
All

Board Decision

The Board of Directors of TO Live: 

 

1. Approved the 2024 Audited Financial Results as outlined in Attachment 1 and Attachment 2 to the report (March 25, 2025) from the President and Chief Executive Officer, TO Live.

 

2. Recommends that City Council receive for information the 2024 Audited Financial Results as outlined in Attachment 1 and Attachment 2 to the report (April 25, 2025) from the President and Chief Executive Officer, TO Live.

Decision Advice and Other Information

The Board of Directors of TO Live recessed its public meeting to meet in closed session to consider the item as it pertains to labour relations or employee negotiations.

 

Origin

(March 25, 2025) Report from the President and Chief Executive Officer, TO Live

Summary

The purpose of this report is to present the 2024 Audited Financial Results to the Board of Directors of TO Live.

Background Information

(March 25, 2025) Report from the President and Chief Executive Officer, TO Live on 2024 Audited Financial Results Report
https://www.toronto.ca/legdocs/mmis/2025/ct/bgrd/backgroundfile-254314.pdf
Attachment 1 - TO Live 2024 KPMG LLP Audited Financial Statements
https://www.toronto.ca/legdocs/mmis/2025/ct/bgrd/backgroundfile-254316.pdf
Attachment 2 - 2024 KPMG LLP Audit Findings Report
https://www.toronto.ca/legdocs/mmis/2025/ct/bgrd/backgroundfile-254317.pdf

Motions

Motion to Meet in Closed Session moved by Wasifa Noshin (Carried)

12:49 p.m. - That the Board of Directors of TO Live recess its public meeting to meet in closed session to consider the following item:


CT15.2 - 2024 Audited Financial Results Report

 

as it pertains to labour relations or employee negotiations.


Motion to Amend Item (Additional) moved by Wasifa Noshin (Carried)

That City Council receive for information the 2024 Audited Financial Results as outlined in Attachment 1 and Attachment 2 to this report.


Motion to Adopt Item as Amended moved by Mustafa Humayun (Carried)
Source: Toronto City Clerk at www.toronto.ca/council