TO Live - Finance and Audit Committee
The full agenda, as filed
All 5 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.
RZ5.1amended
Finance and Audit Committee - 2024 Plan and Budget Consideration
The purpose of this report is to provide detailed information on the 2024 Plan and Budget 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 2024 Plan and Budget, with a City investment of $5.599 million, as outlined in Attachment 1 and Confidential Attachment 1 to the report (August 31, 2023) from the President and Chief Executive Officer, TO Live. 2. Approve the reallocation and repurpose of existing cash flow estimates totaling $47 million, currently budgeted towards St. Lawrence Centre for the Arts State of Good Repair and AODA projects, to the St. Lawrence Centre for the Arts Redevelopment project as part of the funding strategy, and direct TO Live to reflect this in the 2024 budget submission to the City of Toronto for consideration during the 2024 budget process. 3. Direct that Confidential Attachment 1 to the report (August 31, 2023) from the President and Chief Executive Officer, TO Live remain confidential in its entirety, as 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, TO Live, recommends that the Board of Directors of TO Live: 1. Approve the 2024 Plan and Budget, with a City investment of $5.599 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.
RZ5.2amended
Capital Spending Update - Second Quarter of 2023
The purpose of this report is to update the Board on capital spending activity for the second quarter of 2023.
The TO Live - Finance and Audit Committee recommends that the Board of Directors of TO Live: 1. Receive the report (August 28, 2023) from the President and Chief Executive Officer, TO Live for information. 2. Direct that Confidential Attachment 1 and Confidential Attachment 2 to the report (August 28, 2023) from the President and Chief Executive Officer, TO Live remain confidential in their entirety, as 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 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 the Confidential Attachment 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.
RZ5.3amended
This report provides an update on TO Live's cybersecurity controls and risks.
The TO Live - Finance and Audit Committee recommends that the Board of Directors of TO Live: 1. Receive the report (August 25, 2023) from the President and Chief Executive Officer, TO Live for information. 2. Direct that Confidential Attachment 1 to the report (August 25, 2023) from the President and Chief Executive Officer, TO Live remain confidential in its entirety, 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.
RZ5.4adopted
This report provides an update on TO Live's cybersecurity controls and risks.
The TO Live - Finance and Audit Committee recommends that the Board of Directors of TO Live: 1. Approve new and updated cybersecurity policies 501 through to 510, as attached in Confidential Attachment 1 to the report (August 25, 2023) from the President and Chief Executive Officer, TO Live. 2. Direct that Confidential Attachment 1 to the report (August 25, 2023) from the President and Chief Executive Officer, TO Live remain confidential in its entirety, 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. Approve new and updated cybersecurity policies 501 through to 510, as attached in Confidential Attachment 1. 2. Direct that Confidential Attachment 1 remain confidential as it involves security of the property of the Board.
RZ5.5adopted
2023 Second Quarter Financial Results and Commentary
The purpose of this report is to present the 2023 second 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 2023 second quarter financial operating results, as noted in Confidential Attachment 1 to the report (August 31, 2023) from the President and Chief Executive Officer, TO Live. 2. Direct that Confidential Attachment 1 and Confidential Attachment 2 to the report (August 31, 2023) from the President and Chief Executive Officer, TO Live remain confidential in their entirety, as 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, TO Live, recommends that the Board of Directors of TO Live: 1. Approve the 2023 second quarter financial operating results, as noted in Confidential Attachment 1. 2. Direct that Confidential Attachments 1 and 2 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.