Item - 2025.ZB16.4

Tracking Status

This item was considered by Toronto Zoo on June 13, 2025 and was adopted with amendments.

ZB16.4 - 2024 Audit Results Report

Decision Type:: ACTION

Status:: Amended

Wards:: All

Board Decision

The Board of Management of the Toronto Zoo:

1. Received the report (May 23, 2025) from the Chief Transformation Officer, Toronto Zoo for information.

2. Recommended that City Council receive for information the Toronto Zoo 2024 Audit Results and Financial Statements.

Origin

(May 23, 2025) Report from the Chief Transformation Officer, Toronto Zoo

Summary

This report provides the Audit Results, as prepared by KPMG, to assist the Board in reviewing the financial statement for the year ended December 31, 2024. The Audit Results Report was reviewed and discussed at the Policy and Finance Committee meeting on May 13, 2025.

Background Information

(May 23, 2025) Report from the Chief Transformation Officer, Toronto Zoo on 2024 Audit Results Report
https://www.toronto.ca/legdocs/mmis/2025/zb/bgrd/backgroundfile-255689.pdf
Attachment 1 - KPMG Audit Report and Related Appendices A - F
https://www.toronto.ca/legdocs/mmis/2025/zb/bgrd/backgroundfile-255690.pdf

Communications

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

Motions

Motion to Amend Item (Additional) moved by Matthew Cole (Carried)

That the Board of Management of the Toronto Zoo recommend that City Council receive for information the Toronto Zoo 2024 Audit Results and Financial Statements.

Motion to Adopt Item as Amended moved by Councillor Paul Ainslie (Carried)