Item - 2025.PA17.2

Tracking Status

This item was considered by Toronto Parking Authority on December 12, 2025 and was adopted without amendment.

PA17.2 - Auditor's 2025 Work Plan

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Board Decision

The Board of Directors of the Toronto Parking Authority:

1. Received the report (October 29, 2025) from the President, Toronto Parking Authority for information.

Decision Advice and Other Information

Phyllis Gallagher, Financial Controller, Toronto Parking Authority and Kevin Travers, Partner, KPMG gave a presentation on Auditor's 2025 Work Plan.

Origin

(October 29, 2025) Report from the President, Toronto Parking Authority

Summary

This report presents the Auditor's 2025 Audit Work Plan for the audited financial statements for the Toronto Parking Authority (TPA) for the year ended December 31, 2025. KPMG Audit Partner, Kevin Travers, will be attending the November 14, 2025, Audit and Risk Management Committee meeting to review with the Committee, the work plan to deliver the audit for the Toronto Parking Authority's 2025 Financial Statements (see Attachment 1).

Background Information

(October 29, 2025) Report from the President, Toronto Parking Authority on Auditor's 2025 Work Plan
https://www.toronto.ca/legdocs/mmis/2025/pa/bgrd/backgroundfile-260697.pdf
Attachment 1 - KPMG LLP 2025 Audit Work Plan for Toronto Parking Authority 2025 Financial Statements
https://www.toronto.ca/legdocs/mmis/2025/pa/bgrd/backgroundfile-260698.pdf

Motions

Motion to Adopt Item moved by Stephen Conforti (Carried)