Toronto Parking Authority Enterprise Risk Management Update Report

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

2023-11-23 · Toronto Parking Authority · received

As filed

The Board of Directors of the Toronto Parking Authority: 1. Received this report (October 17, 2023) from the President, Toronto Parking Authority, for information.

On the agenda

As the city filed it

Enterprise Risk Management is a continuous process to identify and assess risks and opportunities at an enterprise level. The Toronto Parking Authority currently does not have a formal Enterprise Risk Management strategy and after the release of a Request for Proposals in the second quarter of 2023, the successful proponent, KPMG LLP (KPMG), was engaged to support the setup of the Enterprise Risk Management Program. The purpose of this report is for KPMG to provide a status update as of October 17, 2023.

Staff recommended

The President, Toronto Parking Authority, recommends that: 1. The Board of Directors of the Toronto Parking Authority receive this report for information.

On the record

The item as the City filed it