Item - 2025.RA18.6
Tracking Status
- This item was considered by CreateTO on April 22, 2025 and was adopted without amendment.
RA18.6 - First Quarter 2025 Financial Results
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Board Decision
The Board of Directors of CreateTO:
1. Received the report (April 4, 2025) from the Chief Executive Officer, CreateTO for information.
Decision Advice and Other Information
The Chief Financial Officer, CreateTO gave a presentation on First Quarter 2025 Financial Results.
Origin
(April 4, 2025) Report from the Chief Executive Officer, CreateTO
Summary
For the three months ending March 31, 2025, CreateTO’s gross expenditures are $0.23 million lower than the budget.
Annual expenditures are expected to be in line with the approved budget of $18.95 million gross, $0 net.
Background Information
(April 4, 2025)
Report from the Chief Executive Officer, CreateTO, on First Quarter 2025 Financial Results
https://www.toronto.ca/legdocs/mmis/2025/ra/bgrd/backgroundfile-254354.pdf
Presentation from the Chief Financial Officer, CreateTO on CreateTO First Quarter 2025 Financial Results
https://www.toronto.ca/legdocs/mmis/2025/ra/bgrd/backgroundfile-254865.pdf
https://www.toronto.ca/legdocs/mmis/2025/ra/bgrd/backgroundfile-254354.pdf
Presentation from the Chief Financial Officer, CreateTO on CreateTO First Quarter 2025 Financial Results
https://www.toronto.ca/legdocs/mmis/2025/ra/bgrd/backgroundfile-254865.pdf
Motions
Motion
to Adopt Item
moved by
Allison Mendes
(Carried)