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CreateTO · 2024-10-29 · 2024.RA14.3

The filed record

CreateTO 2025 Operating Budget

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

2024-10-29 · CreateTO · adopted

As filed

The Board of Directors of CreateTO: 1. Approved CreateTO's 2025 Operating Budget. 2. Directed the Chief Executive Officer, CreateTO to submit the budget to the City of Toronto as part of the 2025 budget process.

On the agenda

As the city filed it

As the City of Toronto's real estate agency, CreateTO applies a strategic city-wide lens to Toronto's real estate holdings, develops City buildings and lands for municipal purposes and delivers real estate solutions to advance City Council's key public policy goals and meet the program needs of City Divisions, Agencies and Corporations (DACs). CreateTO is a self-sustaining agency and submits a net zero budget to the City of Toronto.

Show the rest of As the city filed it, 511 more characters as filed

Through its managed companies Build Toronto and Toronto Port Lands Company, sufficient revenue is generated to fulfil the operating requirements of CreateTO. The resources supported by the 2025 CreateTO Operating Budget will be deployed to help address some of the city's most pressing challenges, from building affordable homes and inclusive communities, to creating cultural and employment opportunities, driving economic prosperity, achieving our climate goals, and increasing our collective quality of life.

Staff recommended

The Chief Executive Officer, CreateTO recommends that the Board of Directors of CreateTO: 1. Approve CreateTO's 2025 Operating Budget. 2. Direct the Chief Executive Officer, CreateTO to submit the budget to the City of Toronto as part of the 2025 budget process.

    On the record

    The item as the City filed it

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