The filed record
Business Improvement Areas - Update on 2023 Audited Financial Statements
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The decision
2024-12-17 · Toronto City Council · adopted
As filed
City Council on December 17 and 18, 2024, adopted the following: 1. City Council approve the 2023 audited financial statements and management letters of the Business Improvement Areas as attached in Appendices A to BY to the report (November 21, 2024) from the Chief Financial Officer and Treasurer.
On the agenda
As the city filed it
The purpose of this report is to present the Audit Committee and City Council with the 2023 audited financial statements and management letters of 71 Business Improvement Areas. All of the audited financial statement included in this report received unqualified audit opinions, and have been approved by the Business Improvement Areas' respective Boards of Management (Board). One Business Improvement Area, ShoptheQueensway.com, received recommendations to strengthen internal controls and operations.
Show the rest of As the city filed it, 382 more characters as filed
These are minor in nature and have been accepted by the Business Improvement Area's management and Board (Appendix BV). There are 83 active Business Improvement Areas in the City of Toronto. The financial statements for the remaining 12 Business Improvement Areas are in the process of being finalized, and will be presented to the Audit Committee and City Council at a future date.
Staff recommended
The Chief Financial Officer and Treasurer recommends that: 1. City Council approve the 2023 audited financial statements and management letters of the Business Improvement Areas as attached in Appendices A to BY to this report.
Considered
2024-12-09 · Audit Committee · adopted
Decision as filed
The Audit Committee recommend that: 1. City Council approve the 2023 audited financial statements and management letters of the Business Improvement Areas as attached in Appendices A to BY to the report (November 21, 2024) from the Chief Financial Officer and Treasurer.
2024-12-17 · Toronto City Council · adopted
On the record
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