Draft Audited Consolidated Financial Statements for the Year Ended December 31, 2019

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

2020-05-21 · Board of Directors of the Toronto Atmospheric Fund · adopted

As filed

The Board of Directors of the Toronto Atmospheric Fund: 1. Approved transfers of $3,004,823 to the Toronto Stabilization Fund and $1,814,782 to the Ontario Stabilization Fund. 2. Approved the 2019 Audited Consolidated Financial Statements.

On the agenda

As the city filed it

The 2019 Audited Consolidated Financial Statements and Report have been prepared by Welch LLP and are presented to the Board of Directors of Toronto Atmospheric Fund for approval. These statements provide separate fund accounting for both the City of Toronto and the Province of Ontario endowment funds.

Staff recommended

The Director of Finance recommends that the Board of Directors of the Toronto Atmospheric Fund: 1. Approve transfers of $3,004,823 to the Toronto Stabilization Fund and $1,814,782 to the Ontario Stabilization Fund. 2. Approve the 2019 Audited Consolidated Financial Statements.

On the record

The item as the City filed it