Item - 2016.AU6.8

Tracking Status

  • City Council adopted this item on July 12, 2016 without amendments and without debate.
  • This item was considered by the Audit Committee on July 4, 2016 and adopted without amendment. It will be considered by City Council on July 12, 2016.

AU6.8 - Financial Statements for the Year Ended December 31, 2015 - Agencies and Corporations

Decision Type:
ACTION
Status:
Adopted on Consent
Wards:
All

City Council Decision

City Council on July 12, 13, 14 and 15, 2016, adopted the following:

 

1.  City Council receive for information, the 2015 Financial Statements and related documents for the following agencies and corporations:

 

- Exhibition Place

- Heritage Toronto

- Toronto Atmospheric Fund

- Toronto Parking Authority

- Toronto Public Library

- Toronto Transit Commission

- Toronto Zoo

- Yonge-Dundas Square

8a - Exhibition Place - 2015 Financial Statements

Background Information (Committee)
(June 16, 2016) Report from the Chief Executive Officer, Exhibition Place, forwarding 2015 Financial Statements
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94480.pdf
2015 Financial Statements - Exhibition Place
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94481.pdf
Year-end Report - Exhibition Place - for the year ended December 31, 2015
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94482.pdf

8b - Heritage Toronto - 2015 Financial Statements

Background Information (Committee)
2015 Financial Statements - Heritage Toronto
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94592.pdf
(June 15, 2016) Letter to Management of Heritage Toronto, from Welch LLP, Chartered Professional Accountants
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94593.pdf

8c - Toronto Atmospheric Fund - 2015 Financial Statements

Background Information (Committee)
2015 Financial Statements - Toronto Atmospheric Fund
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94531.pdf
(June 2, 2016) Letter to Management of Toronto Atmospheric Fund, from Welch LLP, Chartered Professional Accountants
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94532.pdf

8d - Toronto Parking Authority - 2015 Financial Statements

Background Information (Committee)
2015 Financial Statements - Toronto Parking Authority
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94494.pdf
Year-end Report - Toronto Parking Authority
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94495.pdf

8e - Toronto Public Library Board - 2015 Financial Statements

Background Information (Committee)
(June 20, 2016) Report from the City Librarian, forwarding Financial Statements for the Year Ended December 31, 2015- Toronto Public Library Board
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94604.pdf
2015 Financial Statements - Toronto Public Library Board
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94605.pdf
Year-end Report - Toronto Public Library Board - for the year ended December 31, 2015
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94606.pdf

8f - Toronto Transit Commission - 2015 Financial Statements

Background Information (Committee)
(June 3, 2016) Letter from the Chief Financial and Administration Officer, TTC, forwarding Financial Statements for the year ended December 31, 2015
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94496.pdf
2015 Financial Statements - Toronto Transit Commission
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94497.pdf
(June 3, 2016) Letter from the Chief Financial and Administration Officer, TTC, forwarding the Year-end Report - Toronto Transit Commission
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94498.pdf
Year-end Report - Toronto Transit Commission - for the year ended December 31, 2015
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94499.pdf

8g - Toronto Zoo - 2015 Financial Statements

Background Information (Committee)
2015 Financial Statements - Toronto Zoo
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94578.pdf
Year-end Report - Toronto Zoo - for the year ended December 31, 2015
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94579.pdf

8h - Yonge-Dundas Square - 2015 Financial Statements

Background Information (Committee)
2015 Financial Statements - Yonge-Dundas Square
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94607.pdf
(April 8, 2016) Letter to Management of Yonge-Dundas Square, from Welch LLP, Chartered Professional Accountants
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94608.pdf

AU6.8 - Financial Statements for the Year Ended December 31, 2015 - Agencies and Corporations

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Recommendations

The Audit Committee recommends that:

 

1.  City Council receive for information, the 2015 Financial Statements and related documents for the following agencies and corporations:

 

- Exhibition Place

- Heritage Toronto

- Toronto Atmospheric Fund

- Toronto Parking Authority

- Toronto Public Library

- Toronto Transit Commission

- Toronto Zoo

- Yonge-Dundas Square

Decision Advice and Other Information

The Audit Committee received for information, the 2015 Financial Statements and related documents for the following corporations, having regard that the Statements have previously been considered by City Council:

 

- Invest Toronto

- Toronto Pan Am Sports Centre Inc.

- Toronto Port Lands Company

Summary

The following agencies and corporations have submitted 2015 Financial Statements and related documents to the Audit Committee for consideration:

 

- Exhibition Place

- Heritage Toronto

- Toronto Atmospheric Fund

- Toronto Parking Authority

- Toronto Public Library

- Toronto Transit Commission

- Toronto Zoo

- Yonge-Dundas Square

 

In addition, City Council on June 7, 8 and 9, 2016, received and forwarded the 2015 Financial Statements of the following corporations to the Audit Committee for information:

 

- Invest Toronto

- Toronto Pan Am Sports Centre Inc.

- Toronto Port Lands Company

Motions

1 - Motion to Adopt Item moved by Councillor Mary-Margaret McMahon (Carried)

8a - Exhibition Place - 2015 Financial Statements

Summary

Financial Statements for Exhibition Place for the year ended December 31, 2015.

Background Information
(June 16, 2016) Report from the Chief Executive Officer, Exhibition Place, forwarding 2015 Financial Statements
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94480.pdf
2015 Financial Statements - Exhibition Place
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94481.pdf
Year-end Report - Exhibition Place - for the year ended December 31, 2015
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94482.pdf

8b - Heritage Toronto - 2015 Financial Statements

Summary

Financial Statements for Heritage Toronto for the year ended December 31, 2015.

Background Information
2015 Financial Statements - Heritage Toronto
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94592.pdf
(June 15, 2016) Letter to Management of Heritage Toronto, from Welch LLP, Chartered Professional Accountants
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94593.pdf

8c - Toronto Atmospheric Fund - 2015 Financial Statements

Summary

Consolidated Financial Statements for the Toronto Atmospheric Fund for the year ending December 31, 2015.

Background Information
2015 Financial Statements - Toronto Atmospheric Fund
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94531.pdf
(June 2, 2016) Letter to Management of Toronto Atmospheric Fund, from Welch LLP, Chartered Professional Accountants
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94532.pdf

8d - Toronto Parking Authority - 2015 Financial Statements

Summary

Financial Statements for the Toronto Parking Authority for the year ended December 31, 2015.

Background Information
2015 Financial Statements - Toronto Parking Authority
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94494.pdf
Year-end Report - Toronto Parking Authority
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94495.pdf

8e - Toronto Public Library Board - 2015 Financial Statements

Summary

Financial Statements for the Toronto Public Library Board as at December 31, 2015.

Background Information
(June 20, 2016) Report from the City Librarian, forwarding Financial Statements for the Year Ended December 31, 2015- Toronto Public Library Board
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94604.pdf
2015 Financial Statements - Toronto Public Library Board
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94605.pdf
Year-end Report - Toronto Public Library Board - for the year ended December 31, 2015
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94606.pdf

8f - Toronto Transit Commission - 2015 Financial Statements

Summary

Consolidated Financial Statements for the Toronto Transit Commission for the year ended

December 31, 2015.

Background Information
(June 3, 2016) Letter from the Chief Financial and Administration Officer, TTC, forwarding Financial Statements for the year ended December 31, 2015
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94496.pdf
2015 Financial Statements - Toronto Transit Commission
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94497.pdf
(June 3, 2016) Letter from the Chief Financial and Administration Officer, TTC, forwarding the Year-end Report - Toronto Transit Commission
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94498.pdf
Year-end Report - Toronto Transit Commission - for the year ended December 31, 2015
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94499.pdf

8g - Toronto Zoo - 2015 Financial Statements

Summary

Financial Statements for the Toronto Zoo as at December 31, 2015.

Background Information
2015 Financial Statements - Toronto Zoo
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94578.pdf
Year-end Report - Toronto Zoo - for the year ended December 31, 2015
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94579.pdf

8h - Yonge-Dundas Square - 2015 Financial Statements

Summary
Financial Statements for Yonge-Dundas Square for the year ending December 31, 2015.
Background Information
2015 Financial Statements - Yonge-Dundas Square
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94607.pdf
(April 8, 2016) Letter to Management of Yonge-Dundas Square, from Welch LLP, Chartered Professional Accountants
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94608.pdf

8i - Invest Toronto - 2015 Financial Statements

Summary

City Council on June 7, 8 and 9, 2016, adopted Item EX15.3 on Invest Toronto - Annual General Meeting and 2015 Audited Financial Statements, and in so doing, forwarded the Statements to the Audit Committee for information.

Background Information
(June 14, 2016) Transmittal from City Council forwarding Invest Toronto - 2015 Financial Statements
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94611.pdf
2015 Financial Statements - Invest Toronto
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94612.pdf

8j - Toronto Pan Am Sports Centre Inc. - 2015 Financial Statements

Summary

City Council on June 7, 8 and 9, 2016, adopted Item EX15.4 on Toronto Pan Am Sports Centre Inc. - Annual General Meeting and 2015 Audited Financial Statements, and in so doing, forwarded a copy of the Financial Statements to the Audit Committee for information.

Background Information
(June 14, 2016) Transmittal from City Council forwarding Toronto Pan Am Sports Centre Inc. - 2015 Financial Statements
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94609.pdf
2015 Financial Statements - Toronto Pan Am Sports Centre Inc.
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94610.pdf

8k - Toronto Port Lands Company - 2015 Financial Statements

Summary

City Council on June 7, 8 and 9, 2016, adopted Item EX15.5 on Toronto Port Lands Company - Annual General Meeting and 2015 Audited Financial Statements, and in so doing, forwarded the Statements to the Audit Committee for information.

Background Information
(June 14, 2016) Transmittal from City Council forwarding Toronto Port Lands Company - 2015 Financial Statements
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94614.pdf
2015 Financial Statements - Toronto Port Lands Company
https://www.toronto.ca/legdocs/mmis/2016/au/bgrd/backgroundfile-94615.pdf
Source: Toronto City Clerk at www.toronto.ca/council