The filed record
2024 Uncollectible Accounts Receivable (Referred from the June 9, 2025 Audit & Risk Management Committee meeting)
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The decision
2025-09-22 · Toronto Transit Commission - Audit, Finance and Risk Management Committee · received
As filed
The Audit & Risk Management Committee received the 2024 Uncollectible Accounts Receivable report for information.
On the agenda
As the city filed it
The Uncollectible Accounts Receivable report is submitted annually to the Audit and Risk Management Committee for its information in accordance with the TTC's Authorization for Expenditures and Other Commitments Policy. The total value of uncollectible accounts written off for 2024 amounted to $635,252.34, and the total annual receivables amounted to $335 million, yielding a collection rate of 99.82%. This report provides information on accounts receivable amounts written off as uncollectible in 2024 under delegated authority.
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As requested by the Committee, additional information has been provided in the supplementary report titled 2024 Uncollectible Accounts Receivable - Additional Info.