Item - 2026.RZ13.6

The TO Live - Finance and Audit Committee recommends that the Board of Directors of TO Live:  

1. Approve the 2027 Budget and Plan, with a City investment of $6.398 million, as outlined in Attachment 1 and Confidential Attachment 1 to the report (May 25, 2026) from the President and Chief Executive Officer, TO Live.

2. Direct that Confidential Attachment 1 to the report (May 25, 2026) from the President and Chief Executive Officer, TO Live remain confidential in its entirety because it contains financial information supplied in confidence to the Board of Directors of TO Live which if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

Hayde Boccia, Vice President, Finance and Administration, TO Live gave a presentation on Finance and Audit Committee - 2027 Budget and Plan.

The purpose of this report is to provide detailed information on the 2027 Budget and Plan as it relates to the Finance and Audit Committee.