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Toronto Parking Authority · 2020-06-03 · 2020.PA15.1

The filed record

Toronto Parking Authority - 2019 Audited Financial Statements

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The decision

2020-06-03 · Toronto Parking Authority · adopted

As filed

The Board of Directors of Toronto Parking Authority: 1. Approved the audited financial statements of the Toronto Parking Authority for the year ended December 31, 2019.

On the agenda

As the city filed it

This report presents the audited financial statements for the year ended December 31, 2019 to the Board of Directors of Toronto Parking Authority (TPA) for approval and provides highlights of the 2019 financial results. PricewaterhouseCoopers LLP (PwC) has substantially completed their audit of Toronto Parking Authority's financial statements for the year ended December 31, 2019. A draft of these financial statements along with a copy of PwC's year-end report to the Board of Directors is provided in Attachments 1 and 2.

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PwC Audit Partner, Terri McKinnon, will be attending the June 3, 2020 Board meeting to provide an update on the status of their work, as well as a summary on significant accounting and financial reporting matters dealt with during the audit process.

Staff recommended

The Acting President, Toronto Parking Authority recommends that: 1. The Board of Directors of Toronto Parking Authority approve the audited financial statements for the year ended December 31, 2019.

    On the record

    The item as the City filed it

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