The filed record
Trust Funds - 2018 Audited Consolidated Financial Statements
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The decision
2019-07-16 · Toronto City Council · adopted
As filed
City Council on July 16, 17 and 18, 2019, adopted the following: 1. City Council approve the 2018 Consolidated Financial Statements for the City of Toronto Trust Funds as attached in Appendix A to the report (June 12, 2019) from the Controller.
On the agenda
As the city filed it
The City of Toronto (City), its' agencies, and corporations are the beneficiaries of assets from third parties intended to be used for specific purposes. These assets, held mostly in cash and investments, are administered through the City and two of its' related parties. Although these trust funds are assets to the City and its consolidated parties, they are not included in the City's Consolidated Financial Statements.
Show the rest of As the city filed it, 455 more characters as filed
This report presents the City's Consolidated Trust Funds Financial Statements for the year ended December 31, 2018 and provides highlights of the Trust Funds' 2018 financial performance and financial condition as of December 31, 2018. The Trust Fund Financial Statements are audited by PricewaterhouseCoopers (PwC). The City received an unqualified audit opinion and no internal control recommendations related to the 2018 Trust Fund Financial Statements.
Staff recommended
The Controller recommends that: 1. City Council approve the 2018 Consolidated Financial Statements for the City of Toronto Trust Funds as attached in Appendix A of this report.
Considered
2019-06-28 · Audit Committee · adopted
Decision as filed
The Audit Committee recommends that: 1. City Council approve the 2018 Consolidated Financial Statements for the City of Toronto Trust Funds as attached in Appendix A to the report (June 12, 2019) from the Controller.
2019-07-16 · Toronto City Council · adopted
On the record
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