Item - 2025.EP17.3

Tracking Status

  • This item was considered by Exhibition Place on June 13, 2025 and was adopted without amendment.

EP17.3 - Exhibition Place Financial Report - First Quarter March 31, 2025

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Confidential Attachment - The attachment to this report contains 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 30, 2025) from the Chief Executive Officer, Exhibition Place for information.

 

2. Directed that Confidential Attachment 1 to the report (May 30, 2025) 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 30, 2025) 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 First Quarter, ending March 31, 2025. 

Background Information

(May 30, 2025) Report from the Chief Executive Officer, Exhibition Place, on Exhibition Place Financial Report - First Quarter March 31, 2025
https://www.toronto.ca/legdocs/mmis/2025/ep/bgrd/backgroundfile-255837.pdf
Appendix A - Combined Results of Exhibition Place, First Quarter, March 31, 2025
https://www.toronto.ca/legdocs/mmis/2025/ep/bgrd/backgroundfile-255838.pdf
Appendix B - Balance Sheet as at March 31, 2025
https://www.toronto.ca/legdocs/mmis/2025/ep/bgrd/backgroundfile-255839.pdf
Appendix C - Disbursement over $50K, First Quarter 2025
https://www.toronto.ca/legdocs/mmis/2025/ep/bgrd/backgroundfile-255840.pdf
Appendix D - Sole Source, First Quarter 2025
https://www.toronto.ca/legdocs/mmis/2025/ep/bgrd/backgroundfile-255841.pdf
Appendix E - Senior Management Expenses First Quarter 2025
https://www.toronto.ca/legdocs/mmis/2025/ep/bgrd/backgroundfile-255862.pdf
Appendix F - Combined Financial Report First Quarter 2025
https://www.toronto.ca/legdocs/mmis/2025/ep/bgrd/backgroundfile-255863.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 Automotive Building as at March 31, 2025

Communications

(June 13, 2025) E-mail from Nicole Corrado (EP.New)

Motions

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

10:50 a.m. -  That the Board of Governors of Exhibition Place recess its public meeting to meet in closed session to consider Item EP17.3 - Exhibition Place Financial Report - First Quarter March 31, 2025 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