Item - 2026.RA28.5
Tracking Status
- This item will be considered by CreateTO on November 10, 2026.
RA28.5 - 2026 Second Quarter Financial Results
- Consideration Type:
- ACTION
- Wards:
- All
Origin
(October 22, 2026) Report from the Chief Executive Officer, CreateTO
Recommendations
The Chief Executive Officer, CreateTO recommends that:
1. The Board of Directors, CreateTO receive this report for information.
Summary
For the six months ended June 30, 2026, CreateTO continues to operate on a net zero basis. Total expenditures are tracking $0.30 million lower than the budget, with annual expenditures expected to be in line with the approved budget of $16.26 million gross, $0 net.
Financial Impact
There is no financial impact of this report. Annual expenditures are expected to be within the approved budget.
Background Information
(October 22, 2026)
Report from the Chief Executive Officer, CreateTO on 2026 Second Quarter Financial Results
https://www.toronto.ca/legdocs/mmis/2026/ra/bgrd/backgroundfile-290741.pdf
https://www.toronto.ca/legdocs/mmis/2026/ra/bgrd/backgroundfile-290741.pdf