The filed record
CreateTO 2019 Budget Submission Update
The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.
The decision
2019-02-15 · CreateTO · adopted
As filed
The Board of Directors of CreateTO received the report (January 31, 2019) from the Chief Financial Officer, CreateTO for information.
On the agenda
As the city filed it
The purpose of this report is to inform the CreateTO Board of Directors of adjustments made to the CreateTO 2019 Board recommended budget. On December 10, 2018, the CreateTO Board of Directors recommended that the 2019 CreateTO Budget be forwarded to City Council for approval. The City of Toronto's budget process includes a review and potential adjustments by senior leadership before submission to Council for approval.
Show the rest of As the city filed it, 474 more characters as filed
After review and discussion with CreateTO's Chief Financial Officer, adjustments were made to the 2019 Budget submission. These adjustments were primarily made to flow through positions to ensure that costs and Full Time Employee's (FTE) were not being double counted in the City's aggregated budget rollup. These flow through positions will be managed during 2019 in the form of budget transfers or in-year adjustments, posing minimum impact to CreateTO operations in 2019.
Staff recommended
The Chief Financial Officer recommends that the CreateTO Board of Directors receive this report for information.
On the record
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