Item - 2026.AF5.3

Tracking Status

AF5.3 - Draft Audited Consolidated Financial Statements for the Year Ended December 31, 2025 and the Auditors’ Report as Required by the Toronto Atmospheric Fund Act, 2005

Decision Type:
Information
Status:
Received

Committee Decision

The Members of the Toronto Atmospheric Fund adopted the following resolution:

 

"The Members hereby receive the consolidated financial statements of the Toronto Atmospheric Fund for the year ended December 31, 2025 as presented in Attachment 1 to the report (April 24, 2026) from the Director, Finance, Toronto Atmospheric Fund, together with the related notes thereto, and report of the auditor, subject to:

 

a. completion of management’s and the auditors’ subsequent event procedures through the date of issuance; and

 

b. the possible inclusion of additional disclosure on the matter to appropriately describe the subsequent event and related matters identified."

Summary

Chair to present the Audited Consolidated Financial Statements and the Auditors' Report.

Communications

(April 28, 2026) E-mail from Nicole Corrado (AF.New)

Motions

Motion to Add New Business at Committee moved by Parminder Sandhu (Carried)

1 - Motion to Receive Item moved by Parminder Sandhu (Carried)

The members hereby receive the consolidated financial statements of the Toronto Atmospheric Fund for the year ended December 31, 2025, as presented in Attachment 1, together with the related notes thereto, and report of the auditor, subject to:

 

a. completion of management’s and the auditors’ subsequent event procedures through the date of issuance; and

 

b. the possible inclusion of additional disclosure on the matter to appropriately describe the subsequent event and related matters identified.

Source: Toronto City Clerk at www.toronto.ca/council