TO Live - Audit Committee
The full agenda, as filed
All 4 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.
RZ14.1adopted
The purpose of this report is to seek Board approval on Management's updates to TO Live's financial policies.
The TO Live - Audit Committee recommends that the Board of Directors of TO Live: 1. Approve the list of updated financial policies, as outlined in Attachments 1 and 2 to the report (March 4, 2022) from the President and Chief Executive Officer, TO Live.
Staff recommendation as filed
The President and Chief Executive Officer, TO Live recommends that the Board of Directors of TO Live: 1. Approve the list of updated financial policies, as outlined in Attachments 1 and 2.
RZ14.2adopted
This report provides an update on TO Live's cyber security controls and risks.
The TO Live - Audit Committee recommends that the Board of Directors of TO Live: 1. Direct that Confidential Attachment 1 to the report (February 28, 2022) from the President and Chief Executive Officer, TO Live remain confidential as it involves security of the property of the Board.
Staff recommendation as filed
The President and Chief Executive Officer, TO Live recommends that the Board of Directors of TO Live: 1. Direct that Confidential Attachment 1 remain confidential as it involves security of the property of the Board.
RZ14.3adopted
2021 Fourth Quarter Financial Results and Commentary
The purpose of this report is to present the 2021 fourth quarter financial results to the Board.
The TO Live - Audit Committee recommends that the Board of Directors of TO Live: 1. Approve the 2021 fourth quarter financial operating results, as noted in Confidential Attachment 1 to the report (March 7, 2022) from the President and Chief Executive Officer, TO Live. 2. Direct that Confidential Attachments 1 and 2 to the report (March 7, 2022) from the President and Chief Executive Officer, TO Live remain 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 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, TO Live recommends that the Board of Directors of TO Live: 1. Approve the 2021 fourth quarter financial operating results, as noted in Confidential Attachment 1. 2. Direct that Confidential Attachments 1 and 2 remain 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 prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.
RZ14.4adopted
The purpose of this report is to update the Board on capital spending activity for fiscal 2021 as well as the potential 2022 Capital Budget reduction of $300 million in debt funding that would be proportionately allocated across all City Divisions and Agencies should the City be required to use the capital backstop to address the financial impacts arising from the pandemic.
The TO Live - Audit Committee recommends that the Board of Directors of TO Live: 1. Direct that Confidential Attachments 1 and 2 to the report (February 28, 2022) from the President and Chief Executive Officer, TO Live remain confidential in their 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 significantly prejudice 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, TO Live recommends that the Board of Directors of TO Live: 1. Direct that Confidential Attachments 1 and 2 remain confidential in their 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 significantly prejudice the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.