Audit Committee
The full agenda, as filed
All 12 items in the clerk’s order. Each carries the city’s own words: the staff recommendation, what the body decided, and its status. Nothing below is written by us.
AU1.1adopted
Auditor General's 2022 Annual Report - Demonstrating the Value of the Auditor General's Office
This report provides information about the Auditor General's Office 2022 activities and the financial and non-financial benefits achieved by the City through its implementation of report recommendations. In 2022, the Auditor General's Office presented nine audit, investigation, cybersecurity and other reports. The findings and recommendations in these reports focused on improving the efficiency and effectiveness of responses to calls for emergency services, addressing housing priorities and improving outcomes for people experiencing homelessness, and identifying and protecting the City and its Agencies and Corporations from cybersecurity threats. Additionally, our Forensic Unit managed 1,032 complaints through our Fraud and Waste Hotline, and conducted some complex investigations. Every year, we demonstrate the value our Office brings with a quantified return on investment. The Auditor General's Office calculates the return on every dollar invested in the Office by comparing the ratio of five-year audit costs to the cumulative estimated five-year realized savings. The City achieved savings of $398 million over the last five years by implementing the Auditor General's recommendations. The cumulative costs of operating the Auditor General's Office since 2018 were approximately $31.8 million. This means for every dollar invested in the Auditor General's Office, there was a return of about $12.52. Equally important is the value that our reports bring through the non-quantifiable benefits, including enhanced cybersecurity and internal controls, robust data analytics, improved policies and procedures, more effective management and use of City resources, better customer service, and stronger security of City assets. Our reports also help to improve the efficiency and effectiveness of programs, systems and processes, the impacts of which are not always easily quantified in financial terms. For example, our audit recommendations this year helped to strengthen the safety of the City's IT systems and critical infrastructure, identified opportunities for the Toronto Police Service to support more effective responses to calls for service, and helped to improve outcomes for emergency shelter clients through an increased focus on case management.
The Audit Committee recommends that: 1. City Council receive the report (January 29, 2023) from the Auditor General for information.
Staff recommendation as filed
The Auditor General recommends that: 1. City Council receive this report for information.
AU1.2adopted
Auditor General's Office 2023 Work Plan
The purpose of this report is to provide City Council with an overview of the work the Auditor General plans to conduct in 2023. Audit projects included in the Annual Work Plan are identified through a risk assessment process conducted periodically, a review of emerging issues, and a review of trends in allegations made to the Fraud and Waste Hotline. The Auditor General also considers the views and experience of City Councillors and City management. The Auditor General may amend the Annual Work Plan if new priorities arise. The Work Plan is intended to be flexible, allowing the Auditor General to respond to Council requests and emerging issues, including the need to assign resources to high-risk investigations, when needed. The Work Plan is organized as follows: - projects currently in progress or soon to be initiated (Table 1); - projects on the horizon for 2024 (Table 2); and - backlog list of projects that we would like to complete over the longer term (Attachment 3). Where Council requests additional audits be added to the Work Plan, the Auditor General considers potential risks to the City before deciding whether it can be prioritized over another project on her Work Plan. Addressing Council requests for additional audits immediately is not always feasible given limited staff resources, so the Auditor General must prioritize the projects she can carry out in a given year versus those that need to be deferred into future years.
The Audit Committee recommends that: 1. City Council receive the Auditor General's 2023 Work Plan for information.
Staff recommendation as filed
The Auditor General recommends that: 1. City Council receive the Auditor General's 2023 Work Plan for information.
AU1.3adopted
Auditor General's 2022 Annual Report on the Fraud and Waste Hotline
This report represents the 2022 annual report on fraud, waste and wrongdoing at the City including the activities of the Fraud and Waste Hotline Program (the Hotline Program). It highlights the complaints that have been communicated to the Auditor General's Office. It does not represent an overall picture of fraud or other wrongdoing across the City. In 2022, 1,032 complaints comprised of approximately 1,200 allegations were received by the Auditor General's Office, the highest in a year since the launch of the Hotline Program. The Hotline Program has helped to reduce losses and resulted in the protection of City assets. The actual and potential losses from complaints received from 2018 to 2022 is approximately $27.9 million (actual losses) plus $1.5 million (potential losses) had the fraud not been detected. Additional benefits that are not quantifiable include: - the deterrence of fraud or wrongdoing - strengthened internal controls - improvements in policies and procedures - increased operational efficiencies - the ability to use complaint data to identify trends, address risks, make action-oriented recommendations to management and inform our audit work plan
The Audit Committee recommends that: 1. City Council receive the report (January 26, 2023) from the Auditor General for information.
Staff recommendation as filed
The Auditor General recommends that: 1. City Council receive this report for information.
AU1.4adopted
Auditor General’s 2022 Status Report on Outstanding Recommendations
This report provides the results of our follow-up of selected recommendations conducted in the second half of 2022, and a high-level summary of outstanding recommendations for all City divisions and its agencies and corporations, as of December 30, 2022. Since inception (January 1999) to December 2022, the Auditor General has verified 80 percent of recommendations as fully implemented or no longer relevant. As reported in the 2022 Auditor General's work plan update[1], the Auditor General's Office was impacted by unanticipated staff leaves, turnover, and vacancies which led to staffing and capacity constraints. This resulted in requiring our office to prioritize projects and work according to available resources, including deferring some work on the follow-up of implementation of audit recommendations. As a result, the Auditor General performed follow-up work of a select number of reports with high priority recommendations in 2022. As of September 30, 2022, there were 704 outstanding recommendations. Management indicated that 331 of 704 recommendations were fully implemented, 5 were no longer applicable and 368 recommendations were still in progress. Figure 1 provides the length of time the 368 recommendations have been outstanding. There will be significant work for our office to verify the outstanding recommendations reported by management as fully implemented or no longer applicable. Our office will continue to perform the follow-up work based on available resources and focus on verifying high priority recommendations first, including those recommendations that have been outstanding greater than five years and/or those with potential cost savings. 1 Auditor General's 2022 Work Plan Update and Request for Administrative Amendment to City Reserve Fund Accounts (toronto.ca) (See Figure 1 titled "Outstanding NFI Audit Recommendations by Age, as of September 30, 2022"), in the Summary section of the report dated January 27, 2023 from the Auditor General Note - Recommendations that remain open for more than 5 years are ranked as high priority for management to expedite implementation. In this follow-up cycle, we have reviewed the status of 68 out of 331 recommendations reported by management as fully implemented from the following five divisions. The review focused mostly on information technology including cybersecurity related recommendations, with the exception of Fleet Services where recommendations were related to improving operational controls: - Technology Services Division - Office of the Chief Information Security Officer - Fires Services - Toronto Water - Fleet Services Of the 68 recommendations we selected for review, we determined 51 as fully implemented (FI) and 17 recommendations as not fully implemented (NFI). The NFI recommendations include 14 recommendations that are considered high priority where we believe management should expedite their implementation. A recommendation is determined as NFI because the actions taken by management or the extent of improvements did not fully address the issue or management was not able to provide sufficient and appropriate evidence during the follow-up review. The results of our follow-up review are summarized in Figure 2 below: (See Figure 2 titled "Auditor General's Validation of Recommendations Reported as Fully Implemented by Management"), in the Summary section of the report dated January 27, 2023 from the Auditor General The City is expected to realize $5.1 million in savings over five years as a result of management actions taken to implement the Auditor General's report recommendations. These savings relate to a reduction in the mailing costs of employee pay statements and improvements in fleet management practices such as warranty administration that reduced vehicle repair and maintenance costs.
The Audit Committee recommends that: 1. City Council direct that Confidential Attachment 1 to the Report (January 27, 2023) from the Auditor General remain confidential in its entirety, as it involves the security of property belonging to the City.
Staff recommendation as filed
The Auditor General recommends that: 1. City Council direct that the confidential information contained in Confidential Attachment 1 remain confidential in its entirety, as it involves the security of property belonging to the City.
AU1.5amended
Building Better Outcomes - Audit of Toronto Building's Inspection Function
The Auditor General's 2021 Work Plan included a multi-phased operational review of activities and services delivered by the Toronto Building Division. This report presents the first phase of the operational review, which focuses on Toronto Building's operational policies and processes for inspecting construction and issuing orders to enforce the Building Code Act, Ontario Building Code and building permits. The Building Code provides protection by reducing potential hazards to building occupants. The Chief Building Official and Toronto Building inspection staff play a vital role in enforcing the Building Code Act and Ontario Building Code. Our report draws attention to opportunities for the Chief Building Official to strengthen how the Division inspects construction and issues orders to enforce compliance by: a. Strengthening Toronto Building's Policies and Processes for Enforcing the Building Code Act b. Reinforcing Quality and Consistency of Inspections and Compliance with Policies and Procedures c. Modernizing Systems to Support Business Needs Enhancing the way data is captured and leveraged and adopting modern technologies to improve workflow management are key for the Division to enforce the Act more efficiently and effectively and will provide a more efficient and value-added approach which makes better use of limited resources.
The Audit Committee recommends that: 1. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to develop and implement a risk-based strategy for periodically reviewing open building permits without a recent request for an inspection and determining what follow-up action is warranted in order to assess the current status of construction and to enforce the Building Code Act and Building Code. 2. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to: a. strengthen processes and provide additional training to ensure staff are consistently following the Division's operational policies and procedures for recording and tracking deficiencies for re-inspection; and, b. strengthen existing policies to address expectations for improved record-keeping of how deficiencies and requests for reports are communicated. 3. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to enhance monitoring and oversight of identified deficiencies by: a. implementing periodic reviews of open deficiencies to identify where further follow-up and enforcement action may be required to ensure timely and proper resolution; and, b. analyzing deficiency data for trends where targeted education of permit holders and industry may be useful. 4. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to develop and implement additional training, operational guidance and / or criteria to assist inspection staff with deciding what tools to use, including issuing orders, to help bring about compliance with the Building Code Act and Building Code. 5. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to review open orders and expedite the implementation of the 2021 "Enforcement Policy for Issued Orders" for orders determined to be higher risk or higher priority. 6. City Council request the Chief Technology Officer, in consultation with the Chief Building Official and Executive Director, Toronto Building Division, to ensure that any necessary enhancements to system functionality and data fields are implemented to support: a. effective tracking of enforcement workflows and actions taken to follow up on open orders; and, b. effective monitoring and oversight of the status of open orders. 7. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to review the responsibilities of the Division's Dedicated Enforcement Unit and the Unit's role in enforcing orders and ensuring violations and other matters are promptly and properly addressed. 8. City Council request the Chief Building Official and Executive Director, Toronto Building Division, in consultation with the City Solicitor, to develop and implement operational guidance or criteria to assist inspection staff with deciding whether a permit holder should be charged with an offence or an administrative penalty if the person fails to comply with an order, direction or other requirements made under the Building Code Act. 9. City Council request the Chief Technology Officer, in consultation with the Chief Building Official and Executive Director, Toronto Building Division, to ensure that any necessary enhancements to system functionality and data fields are implemented to improve the reliability of data used to determine compliance with the legislated time frames for prescribed inspections. 10. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to provide additional direction to inspectors to properly record all inspection requests (including on-site requests and requests received by phone) and reasons for rescheduling or cancelling inspections, in order to allow for better tracking and monitoring of whether inspections are promptly carried out in compliance with legislated time frames. 11. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to: a. strengthen processes to ensure staff are consistently following the Division's operational policies for documenting activities performed during an inspection; and, b. strengthen existing policies to address expectations for improved record-keeping of inspection process steps for each construction component related to each stage of construction specified in Toronto Building's "Field Inspection Service Levels" that are not passed and/or need to be completed. 12. City Council request the Chief Technology Officer, in consultation with the Chief Building Official and Executive Director, Toronto Building Division, to ensure that any necessary enhancements to system functionality and data fields are implemented to support inspectors' ability to efficiently document inspection process steps not passed and still to be (re-)inspected for each construction component related to each stage of construction specified in Toronto Building's "Field Inspection Service Levels". 13. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to review operational policies for inspections and, where relevant: a. clarify what must be reviewed and documented when the inspector is placing full or partial reliance on general review or other reports; and, b. provide guidance on when an order may be warranted when requested reports are not received in a reasonable time frame. 14. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to discuss with the Ontario Association of Architects, Professional Engineers Ontario, and other relevant industry stakeholders who provide guidelines to their own members on general review and other reports, how these reports can better address the needs of the City's Chief Building Official and building inspectors. 15. City Council request the Chief Technology Officer, in consultation with the Chief Building Official and Executive Director, Toronto Building Division, to ensure that any necessary enhancements to system functionality and data fields are implemented to track open requests for reports from third-party professionals. 16. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to strengthen supervision, monitoring and quality assurance processes over inspection activities by: a. implementing on-site observation of the quality of inspections; b. expanding the scope of internal inspection audits to cover an entire building permit file rather than a few inspection attempts; c. increasing the number of inspections and building permit files a manager reviews for a given inspector, when areas for improvement are observed during their internal inspection audit; d. providing timely and constructive feedback to inspectors about areas to correct or improve when performing inspections; and, e. summarizing and analyzing results from quality assurance reviews to identify trends or themes that indicate more guidance, training, and supervision of inspectors may be warranted. 17. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to consider how system data can be leveraged or analyzed to enhance monitoring of potential conflicts of interest and impairment to independence of building inspectors. 18. City Council request the Chief Technology Officer, in consultation with the Chief Building Official and Executive Director, Toronto Building Division, to ensure that any necessary enhancements to system functionality and data fields are implemented to support more effective monitoring of potential conflicts of interest and impairment to independence of building inspectors. 19. City Council request the Chief People Officer, in consultation with the Chief Building Official and Executive Director, Toronto Building Division, to expedite a strategy for recruiting and retaining building inspectors and address workload challenges arising from planned and unplanned absences so that sufficient inspectors are available to carry out prescribed inspections within legislated time frames, as well as follow-up on higher risk open building permits and orders. 20. City Council request the Chief Building Official and Executive Director, Toronto Building Division, in collaboration with the Chief Technology Officer, to ensure that any necessary enhancements to existing system functionality or modern technology solutions are implemented to: a. improve workflow management, tracking, record-keeping, and monitoring of inspection processes; and, b. support Toronto Building's ability to collect and analyze data to develop targeted approaches to improving inspection efficiency, effectiveness, and economy. 21. City Council request the Chief Building Official and the Chief Information Officer to seek opportunities to offer additional Open Data relating to Toronto Building, and request that they plan to include access to Open Data in future technology initiatives.
Staff recommendation as filed
The Auditor General recommends that: 1. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to develop and implement a risk-based strategy for periodically reviewing open building permits without a recent request for an inspection and determining what follow-up action is warranted in order to assess the current status of construction and to enforce the Building Code Act and Building Code. 2. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to: a. strengthen processes and provide additional training to ensure staff are consistently following the Division's operational policies and procedures for recording and tracking deficiencies for re-inspection b. strengthen existing policies to address expectations for improved record-keeping of how deficiencies and requests for reports are communicated 3. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to enhance monitoring and oversight of identified deficiencies by: a. implementing periodic reviews of open deficiencies to identify where further follow-up and enforcement action may be required to ensure timely and proper resolution b. analyzing deficiency data for trends where targeted education of permit holders and industry may be useful 4. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to develop and implement additional training, operational guidance and/or criteria to assist inspection staff with deciding what tools to use, including issuing orders, to help bring about compliance with the Building Code Act and Building Code. 5. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to review open orders and expedite the implementation of the 2021 "Enforcement Policy for Issued Orders" for orders determined to be higher risk or higher priority. 6. City Council request the Chief Technology Officer, in consultation with the Chief Building Official and Executive Director, Toronto Building Division, to ensure that any necessary enhancements to system functionality and data fields are implemented to support: a. effective tracking of enforcement workflows and actions taken to follow up on open orders b. effective monitoring and oversight of the status of open orders 7. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to review the responsibilities of the Division's Dedicated Enforcement Unit and the Unit's role in enforcing orders and ensuring violations and other matters are promptly and properly addressed. 8. City Council request the Chief Building Official and Executive Director, Toronto Building Division, in consultation with the City Solicitor, to develop and implement operational guidance or criteria to assist inspection staff with deciding whether a permit holder should be charged with an offence or an administrative penalty if the person fails to comply with an order, direction or other requirements made under the Building Code Act. 9. City Council request the Chief Technology Officer, in consultation with the Chief Building Official and Executive Director, Toronto Building Division, to ensure that any necessary enhancements to system functionality and data fields are implemented to improve the reliability of data used to determine compliance with the legislated time frames for prescribed inspections. 10. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to provide additional direction to inspectors to properly record all inspection requests (including on-site requests and requests received by phone) and reasons for rescheduling or cancelling inspections, in order to allow for better tracking and monitoring of whether inspections are promptly carried out in compliance with legislated time frames. 11. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to: a. strengthen processes to ensure staff are consistently following the Division's operational policies for documenting activities performed during an inspection. b. strengthen existing policies to address expectations for improved record-keeping of inspection process steps for each construction component related to each stage of construction specified in Toronto Building's "Field Inspection Service Levels" that are not passed and/or need to be completed. 12. City Council request the Chief Technology Officer, in consultation with the Chief Building Official and Executive Director, Toronto Building Division, to ensure that any necessary enhancements to system functionality and data fields are implemented to support inspectors' ability to efficiently document inspection process steps not passed and still to be (re-)inspected for each construction component related to each stage of construction specified in Toronto Building's "Field Inspection Service Levels". 13. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to review operational policies for inspections and, where relevant: a. clarify what must be reviewed and documented when the inspector is placing full or partial reliance on general review or other reports. b. provide guidance on when an order may be warranted when requested reports are not received in a reasonable time frame. 14. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to discuss with the Ontario Association of Architects, Professional Engineers Ontario, and other relevant industry stakeholders who provide guidelines to their own members on general review and other reports, how these reports can better address the needs of the City's Chief Building Official and building inspectors. 15. City Council request the Chief Technology Officer, in consultation with the Chief Building Official and Executive Director, Toronto Building Division, to ensure that any necessary enhancements to system functionality and data fields are implemented to track open requests for reports from third-party professionals. 16. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to strengthen supervision, monitoring and quality assurance processes over inspection activities by: a. implementing on-site observation of the quality of inspections b. expanding the scope of internal inspection audits to cover an entire building permit file rather than a few inspection attempts c. increasing the number of inspections and building permit files a manager reviews for a given inspector, when areas for improvement are observed during their internal inspection audit d. providing timely and constructive feedback to inspectors about areas to correct or improve when performing inspections e. summarizing and analyzing results from quality assurance reviews to identify trends or themes that indicate more guidance, training, and supervision of inspectors may be warranted 17. City Council request the Chief Building Official and Executive Director, Toronto Building Division, to consider how system data can be leveraged or analyzed to enhance monitoring of potential conflicts of interest and impairment to independence of building inspectors. 18. City Council request the Chief Technology Officer, in consultation with the Chief Building Official and Executive Director, Toronto Building Division, to ensure that any necessary enhancements to system functionality and data fields are implemented to support more effective monitoring of potential conflicts of interest and impairment to independence of building inspectors. 19. City Council request the Chief People Officer, in consultation with the Chief Building Official and Executive Director, Toronto Building Division, to expedite a strategy for recruiting and retaining building inspectors and address workload challenges arising from planned and unplanned absences so that sufficient inspectors are available to carry out prescribed inspections within legislated time frames, as well as follow-up on higher risk open building permits and orders. 20. City Council request the Chief Building Official and Executive Director, Toronto Building Division, in collaboration with the Chief Technology Officer, to ensure that any necessary enhancements to existing system functionality or modern technology solutions are implemented to: a. improve workflow management, tracking, record-keeping, and monitoring of inspection processes b. support Toronto Building's ability to collect and analyze data to develop targeted approaches to improving inspection efficiency, effectiveness, and economy
AU1.6adopted
Results of 2021 External Quality Control Review
This report provides the results of the External Quality Control Review performed by the Association of Local Government Auditors for the period January 1, 2018 through December 31, 2020. The Auditor General's Office has received the highest rating, an unqualified "pass" opinion, on its peer review - the sixth time the Office has received this rating. The peer review team found that the "City of Toronto Auditor General's control system was adequately designed and operating effectively to provide reasonable assurance of compliance with Government Auditing Standards and applicable legal and regulatory requirements for audits during the period from January 1, 2018, through December 31, 2020." It is also worth noting that the Auditor General's Office did not receive a management letter with suggestions for improvement from the peer review team during this review. Compliance with Government Auditing Standards is an important component of audit quality and is critical in maintaining credibility with City Council, management and taxpayers.
The Audit Committee recommends that: 1. City Council receive the report (November 25, 2022) from the Auditor General for information.
Staff recommendation as filed
The Auditor General recommends that: 1. City Council receive this report for information.
AU1.7amended
On February 9, 2021, the Auditor General released a report entitled "Getting to the Root of the Issues - A Follow-Up to the 2019 Tree Maintenance Services Audit", which was tabled at the Audit Committee meeting on February 16, 2021. Council provided direction to Parks, Forestry and Recreation to report to each meeting of the Audit Committee on experiences and data collected on the performance of Urban Forestry contractors and City crews. This performance update report highlights the outcomes of the improved and robust contract management and crew oversight framework that Parks, Forestry and Recreation has implemented, and covers a full year of experiences and data tracked for Urban Forestry contractors and City crews, from January 1 to December 31, 2022. This report demonstrates the overall continual improvement in productivity and operational efficiency being exhibited by the crews as a result of the implementation of the Auditor General's recommendations and Parks, Forestry and Recreation's increased oversight and enhanced contract management. The regular tracking of key performance metrics has created an additional ability for Parks, Forestry and Recreation to integrate better reporting into their business practices to analyze trends and make informed decisions on performance with the intent to continually improve operational efficiencies. When issues of unproductive time are found, Parks, Forestry and Recreation has and actively uses tools to take immediate action to hold contractors and City crews accountable in accordance with contract terms and the collective agreement.
The Audit Committee recommends that: 1. City Council direct the General Manager, Parks, Forestry and Recreation to discontinue reporting to all regular meetings of Audit Committee, as previously directed by City Council in item 2021.AU8.6, on the performance of urban forestry, and instead direct the General Manager, Parks, Forestry and Recreation to report relevant metrics and progress through the Auditor General's Recommendation Follow-up Process until such time as the outstanding recommendations are fully implemented.
Staff recommendation as filed
The General Manager, Parks, Forestry and Recreation recommends that: 1. The Audit Committee receive this report for information.
AU1.8amended
The Controller will present updates to the recommendations identified in the management letter from KPMG LLP dated December 15, 2021, as directed by City Council in AU13.2
The Audit Committee: 1. Requested the Controller to provide an update on implementing each of outstanding KPMG management letters recommendations, including any interim measures or controls.
AU1.9amended
The purpose of this report is to provide the Audit Committee and City Council with the 2021 audited financial statements of Arenas and a status update on the outstanding 2021 and prior audited financial statements of Arenas. The 2021 audited financial statements for the eight City Arenas are presented to the Audit Committee after approval by their respective Boards or Committees of Management. At the time of preparation of this report, there were six 2021 audited financial statements available for Arenas. This is because the audits of two entities had not yet started. Depending on when the audits are completed, the Independent Auditor's Reports, accompanying financial statements and management control letters (if applicable) will be presented at a subsequent meeting of the Audit Committee. The audit of the 2020 audited financial statements of the other remaining one Arena and the 2019 audited financial statements of that same Arena were in progress at the time of preparation of this report.
The Audit Committee recommends that: 1. City Council receive the 2021 Audited Financial Statements and Management Letters for the Arenas in Attachments 1 to 6 to the report (January 27, 2023) from the Auditor General for information.
Staff recommendation as filed
The Auditor General recommends that: 1. City Council receive the 2021 Audited Financial Statements and Management Letters for the Arenas in Attachments 1 to 6 to this report for information.
AU1.10adopted
City Council has received and forwarded the 2021 Financial Statements and related documents for the years ended December 31, 2021 from the following City of Toronto Corporations and Partnered Corporation to the Audit Committee for information: - Build Toronto - Casa Loma Corporation - Lakeshore Arena Corporation - Toronto Community Housing Corporation - Toronto Hydro Corporation - Toronto Seniors Housing Corporation - Toronto Pan Am Sports Centre - Toronto Port Lands Company
The Audit Committee: 1. Received the 2021 Financial Statements and related documents for the years ended December 31, 2021 for the following City of Toronto Corporations and Partnered Corporation for information, having regard that the 2021 Financial Statements and related documents have previously been considered by City Council: Build Toronto Casa Loma Corporation Lakeshore Arena Corporation Toronto Community Housing Corporation Toronto Hydro Corporation Toronto Seniors Housing Corporation Toronto Pan Am Sports Centre Toronto Port Lands Company
Staff recommendation as filed
City Council recommends that: 1. The Audit Committee receive the 2021 Financial Statements and related documents for the years ended December 31, 2021 for the following City of Toronto Corporations and Partnered Corporation for information, having regard that the 2021 Financial Statements and related documents have previously been considered by City Council.
AU1.11received
KPMG Audit Planning Report for the Year Ended December 31, 2022
At its meeting of June 29, 2020, in item 2020.AU5.7 , City Council appointed KPMG LLP as the auditor licensed under the Public Accounting Act, 2004 responsible for annually auditing the accounts and transactions of the City and certain of its local boards and expressing an opinion on the financial statements of these bodies based on the audit. KPMG LLP presents the City of Toronto Audit Planning Report for the Year Ended December 31, 2022 for the 2022 audit of the consolidated financial statements for the City of Toronto.
The Audit Committee: 1. Received the City of Toronto Audit Planning Report for the Year Ended December 31, 2022 (January 27, 2023) from KPMG LLP for information.
AU1.12received
At its meeting of June 29, 2020, in item 2020.AU5.7 , City Council appointed KPMG LLP as the auditor licensed under the Public Accounting Act, 2004 responsible for annually auditing the accounts and transactions of the City and certain of its local boards and expressing an opinion on the financial statements of these bodies based on the audit. KPMG LLP presents the Management Letter for the City of Toronto with management responses for period ended December 31. 2021.
The Audit Committee: 1. Received the KPMG Management Letter including Management Responses - City of Toronto, December 31, 2021 (January 27, 2023) from KPMG LLP for information.