Draft Audited Consolidated Financial Statements for the Year Ended December 31, 2021

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

2022-07-13 · Board of Directors of the Toronto Atmospheric Fund · adopted

As filed

The Board of Directors of the Toronto Atmospheric Fund: 1. Approved transfers of: a. $522,938 to the Toronto Stabilization Fund; b. $769,797 to the Ontario Stabilization Fund; and c. $791,200 to the Canada Stabilization Fund. 2. Approved the Toronto Atmospheric Fund 2021 Audited Consolidated Financial Statements. 3. Received the Auditor's Letter to Management and Management's response for information.

On the agenda

As the city filed it

The 2021 Audited Consolidated Financial Statements and Report have been prepared by Welch LLP and are presented to the Toronto Atmospheric Fund (TAF) Board of Directors for approval. These statements provide separate fund accounting for the City of Toronto, Province of Ontario, and Government of Canada endowment funds.

Staff recommended

The Director of Finance recommends that the Board of Directors of the Toronto Atmospheric Fund: 1. Approve transfers of: a. $522,938 to the Toronto Stabilization Fund; b. $769,797 to the Ontario Stabilization Fund; and c. $791,200 to the Canada Stabilization Fund. 2. Approve the Toronto Atmospheric Fund 2021 Audited Consolidated Financial Statements. 3. Receive the Auditor's Letter to Management and Management's response for information.

On the record

The item as the City filed it