TO Live - Finance and Audit Committee
The full agenda, as filed
All 6 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.
RZ13.1adopted
2025 Audited Financial Results Report
The purpose of this report is to present the 2025 Audited Financial Results to the Board of Directors of TO Live.
The TO Live - Finance and Audit Committee recommends that the Board of Directors of TO Live: 1. Approve the 2025 Audited Financial Results as outlined in Attachment 1 and Attachment 2 to the report (May 25, 2026) from the President and Chief Executive Officer, TO Live. 2. Recommends that City Council receive for information the 2025 Audited Financial Results as outlined in Attachment 1 and Attachment 2 to the report (May 25, 2026) from the President and Chief Executive Officer, TO Live.
Staff recommendation as filed
The President and Chief Executive Officer recommends that the Board of Directors of TO Live: 1. Approve the 2025 Audited Financial Results as outlined in Attachment 1 and Attachment 2 to this report. 2. Recommends that City Council receive for information the 2025 Audited Financial Results as outlined in Attachment 1 and Attachment 2 to this report.
RZ13.2adopted
The purpose of this report is to provide the Board with TO Live's 2025 Impact Report, highlighting the organization's artistic, community, and philanthropic impact and achievements during the 2025 fiscal year.
The TO Live - Finance and Audit Committee recommends that the Board of Directors of TO Live: 1. Receive the report (May 21, 2026) from the President and Chief Executive Officer, TO Live for information.
Staff recommendation as filed
The President and Chief Executive Officer recommend that the Board of Directors of TO Live: 1. Receive this report for information.
RZ13.3adopted
Toronto Live Foundation Update
The purpose of this report is to provide an update on the Toronto Live Foundation.
The TO Live - Finance and Audit Committee recommends that the Board of Directors of TO Live: 1. Receive the report (May 21, 2026) from the President and Chief Executive Officer, TO Live for information.
Staff recommendation as filed
The President and Chief Executive Officer recommends that: 1. The Board of Directors of TO Live receive this report for information.
RZ13.4adopted
2026 First Quarter Financial Results and Commentary
The purpose of this report is to present the 2026 first quarter financial results to the Board.
The TO Live - Finance and Audit Committee recommends that the Board of Directors of TO Live: 1. Approve the 2026 first quarter financial operating results, as noted in Confidential Attachment 1 to the report (May 25, 2026) from the President and Chief Executive Officer, TO Live. 2. Direct that Confidential Attachment 1 to the report (May 25, 2026) from the President and Chief Executive Officer, TO Live remains confidential in their entirety because they contain financial information supplied in confidence to the Board of Directors of TO Live, which, if disclosed, could reasonably be expected to significantly prejudice the competitive position or significantly interfere with the contractual or other negotiations of a person, group of persons, or organization.
Staff recommendation as filed
The President and Chief Executive Officer recommends that the Board of Directors of TO Live: 1. Approve the 2026 first quarter financial operating results, as noted in Confidential Attachment 1. 2. Direct that Confidential Attachment 1 remains confidential in their entirety because they contain financial information supplied in confidence to the Board of Directors of TO Live, which, if disclosed, could reasonably be expected to significantly prejudice the competitive position or significantly interfere with the contractual or other negotiations of a person, group of persons, or organization.
RZ13.5adopted
TO Live Policy 304 - Facility Fee Surcharge
The purpose of this report is to seek Board approval for updates to TO Live Policy 304 - Facility Fee Surcharge (FFS), including an increase to the Facility Fee Surcharge and an increase in the allocation of Facility Fee Surcharge funds to TO Live's operations.
The TO Live - Finance and Audit Committee recommends that the Board of Directors of TO Live: 1. Approve the amendments to TO Live Policy 304 Facility Fee Surcharge to increase the Facility Fee Surcharge rates by $1.00 per ticket at applicable TO Live venues, effective for all new contracts executed following Board approval. 2. Approve an increase in the operational allocation of the Facility Fee Surcharge revenues from $1.00 to $2.00 per ticket, effective for all new contracts executed following Board approval. 3. Approve the amended TO Live Policy 304 - Facility Fee Surcharge substantially in the form attached as Attachment 1 to the report (May 25, 2026) from the President and Chief Executive Officer, TO Live.
Staff recommendation as filed
The President and Chief Executive Officer recommends that the Board of Directors of TO Live: 1. Approve the amendments to TO Live Policy 304 Facility Fee Surcharge to increase the Facility Fee Surcharge rates by $1.00 per ticket at applicable TO Live venues, effective for all new contracts executed following Board approval. 2. Approve an increase in the operational allocation of the Facility Fee Surcharge revenues from $1.00 to $2.00 per ticket, effective for all new contracts executed following Board approval. 3. Approve the amended TO Live Policy 304 - Facility Fee Surcharge substantially in the form attached as Attachment 1.
RZ13.6adopted
Finance and Audit Committee - 2027 Budget and Plan
The purpose of this report is to provide detailed information on the 2027 Budget and Plan as it relates to the Finance and Audit Committee.
The TO Live - Finance and Audit Committee recommends that the Board of Directors of TO Live: 1. Approve the 2027 Budget and Plan, with a City investment of $6.398 million, as outlined in Attachment 1 and Confidential Attachment 1 to the report (May 25, 2026) from the President and Chief Executive Officer, TO Live. 2. Direct that Confidential Attachment 1 to the report (May 25, 2026) from the President and Chief Executive Officer, TO Live remain confidential in its entirety because it contains financial information supplied in confidence to the Board of Directors of TO Live which if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.
Staff recommendation as filed
The President and Chief Executive Officer recommends that the Board of Directors of TO Live: 1. Approve the 2027 Budget and Plan, with a City investment of $6.398 million, as outlined in Attachment 1 and Confidential Attachment 1. 2. Direct that Confidential Attachment 1 remain confidential in its entirety because it contains financial information supplied in confidence to the Board of Directors of TO Live which if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.