Item - 2025.TTA2.3
Tracking Status
- This item will be considered by Toronto Transit Commission - Audit & Risk Management Committee on June 9, 2025.
TTA2.3 - Draft Annual Report for the Toronto Transit Commission for 2024
- Consideration Type:
- ACTION
Origin
Recommendations
It is recommended that the TTC Audit and Risk Management Committee:
1. Approve the non-financial statement information to be published in the 2024 TTC Annual Report.
Summary
Each year, the TTC prepares an Annual Report, which presents the consolidated financial statements of the TTC and its subsidiaries as well as non-financial statement information, including: Chair’s Message, CEO’s Message, Annual Highlights, Management’s Statement, Statistical Information, and Management Directory.
This report presents the materials other than the financial statements, which will be included in the 2024 TTC Annual Report.
The 2024 Consolidated Financial Statements have been submitted for Audit and Risk Management Committee consideration through the companion report, “Draft Consolidated Financial Statements of Toronto Transit Commission for the Year Ended December 31, 2024”.
Financial Impact
There are no financial implications resulting from the adoption of this report.
Background Information
https://www.toronto.ca/legdocs/mmis/2025/tta/bgrd/backgroundfile-255900.pdf
Attachment 1 - Draft 2024 TTC Annual Report
https://www.toronto.ca/legdocs/mmis/2025/tta/bgrd/backgroundfile-255901.pdf