Item - 2021.AU10.11

Tracking Status

  • City Council adopted this item on November 9, 2021 without amendments and without debate.
  • This item was considered by the Audit Committee on November 2, 2021 and adopted without amendment. It will be considered by City Council on November 9, 2021.

AU10.11 - Community Centres - 2020 Audited Financial Statements for Swansea Town Hall Community Centre and Status of 2020 Audited Financial Statements

Decision Type:
ACTION
Status:
Adopted on Consent
Ward:
4 - Parkdale - High Park

City Council Decision

City Council on November 9, 10 and 12, 2021, adopted the following:

 

1.  City Council receive the 2020 Audited Financial Statements and Management Letter for Swansea Town Hall Community Centre in Attachment 1 to the report (October 18, 2021) from the Auditor General for information.

Background Information (Committee)

(October 18, 2021) Report from the Auditor General on Community Centres - 2020 Audited Financial Statements for Swansea Town Hall Community Centre and Status of 2020 Audited Financial Statements
https://www.toronto.ca/legdocs/mmis/2021/au/bgrd/backgroundfile-172220.pdf
(July 22, 2021) Attachment 1 - Financial Statements and Management Letter - Swansea Town Hall Community Centre
https://www.toronto.ca/legdocs/mmis/2021/au/bgrd/backgroundfile-172221.pdf

AU10.11 - Community Centres - 2020 Audited Financial Statements for Swansea Town Hall Community Centre and Status of 2020 Audited Financial Statements

Decision Type:
ACTION
Status:
Adopted
Ward:
4 - Parkdale - High Park

Committee Recommendations

The Audit Committee recommends that:

 

1.  City Council receive the 2020 Audited Financial Statements and Management Letter for Swansea Town Hall Community Centre in Attachment 1 to the report (October 18, 2021) from the Auditor General for information.

Origin

(October 18, 2021) Report from the Auditor General

Summary

The purpose of this report is to provide the Audit Committee and City Council with the 2020 audited financial statements of Swansea Town Hall Community Centre and the status of 2020 audited financial statements for Community Centres.

 

The 2020 audited financial statements for the 10 Community Centres are presented to Audit Committee after approval by their respective Boards of Management. Of the 10 City Community Centres, the audited financial statements for eight Community Centres were previously presented at the July 2021 Audit Committee.

 

This report presents the Independent Auditor's Report, accompanying financial statements and management letter for one additional Community Centre. Depending on when the last remaining audit is completed, the Independent Auditor's Reports, accompanying financial statements and management control letters (if applicable) of that Community Centre will be presented at a subsequent meeting of the Audit Committee.

Background Information

(October 18, 2021) Report from the Auditor General on Community Centres - 2020 Audited Financial Statements for Swansea Town Hall Community Centre and Status of 2020 Audited Financial Statements
https://www.toronto.ca/legdocs/mmis/2021/au/bgrd/backgroundfile-172220.pdf
(July 22, 2021) Attachment 1 - Financial Statements and Management Letter - Swansea Town Hall Community Centre
https://www.toronto.ca/legdocs/mmis/2021/au/bgrd/backgroundfile-172221.pdf

Motions

Motion to Adopt Item moved by Councillor Frances Nunziata (Carried)
Source: Toronto City Clerk at www.toronto.ca/council