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Agenda Index | Consolidated |
Audit Committee |
Meeting No. | 8 | Contact | Rosemary MacKenzie, Council Administrator | |
Meeting Date | Thursday, July 10, 2008 | Phone | 416-392-8021 | |
Start Time | 9:30 AM | rmacken@toronto.ca | ||
Location | Committee Room 1, City Hall |
AU8.1 | Presentation |
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Ward: All |
City of Toronto - 2007 Audited Consolidated Financial Statements |
Background Information |
Report (June 24, 2008) from the Deputy City Manager and Chief Financial Officer - 2007 Audited Consolidated Financial Statements
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14401.pdf) Appendix A - 2007 Consolidated Financial Statements (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14402.pdf) Appendix B - Key Issues/Risks Facing the City of Toronto (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14403.pdf) Appendix C - Five Year Summary of Consolidated Revenues and Expenditures (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14404.pdf) |
AU8.2 | Presentation |
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City of Toronto Audit Results - Year Ended December 31, 2007 |
Background Information |
City of Toronto - Audit Results - Year Ended December 31, 2007
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14447.pdf) |
AU8.3 | ACTION |
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Financial Statements for the Year Ended December 31, 2007 - Agencies, Boards and Commissions |
3a | Exhibition Place - 2007 Consolidated Financial Statements and 2007 Audit Results |
Background Information |
Report (May 12, 2008) from the Chief Executive Officer, Exhibition Place, forwarding 2007 Financial Statements
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-13633.pdf) Consolidated Financial Statements - Board of Governors of Exhibition Place, December 31, 2007 (Ernst & Young) (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-13634.pdf) Report (May 12, 2008) from the Chief Executive Officer, Exhibition Place, forwarding 2007 Audit Results (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-13635.pdf) Board of Governors of Exhibition Place, Audit Results for the year ended December 31, 2007 (Ernst & Young) (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-13636.pdf) |
3b | Heritage Toronto - Financial Statements December 31, 2007 |
Background Information |
Financial Statements for Heritage Toronto - December 31, 2007
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14454.pdf) |
3c | Toronto Hydro Corporation - Consolidated 2007 Annual Financial Statements |
Background Information |
Letter from City Council (June 25, 2008) forwarding Toronto Hydro's Consolidated 2007 Annual Financial Statements
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14448.pdf) Cover report (May 14, 2008) from Deputy City Manager and Chief Financial Officer, submitting Toronto Hydro Financial Statements (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14449.pdf) Consolidated Financial Statements - Toronto Hydro Corporation, December 31, 2007 (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14450.pdf) |
3d | The Sony Centre for the Performing Arts - 2007 Audited Financial Statements |
Background Information |
Financial Statements for The Sony Centre for the Performing Arts - December 31, 2007 (Ernst & Young)
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-13638.pdf) Audit Results Package - Sony Centre for the Performing Arts - December 31, 2007 (Ernst & Young) (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14453.pdf) |
3e | St. Lawrence Centre for the Arts - Financial Statements December 31, 2007 |
Background Information |
Financial Statements - St. Lawrence Centre for the Arts, December 31, 2007
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14455.pdf) |
3f | Toronto Public Library - 2007 Financial Statements and Audit Results |
Background Information |
Report (May 29, 2008) from the City Librarian, Toronto Public Library, forwarding 2007 Financial Statements and Audit Results
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14505.pdf) Audited Financial Statements - Toronto Public Library Board, December 31, 2007 (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14506.pdf) Toronto Public Library Board, Audit Results for year ended December 31, 2007 (Ernst & Young) (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14507.pdf) |
3g | Toronto Transit Commission - Consolidated Financial Statements for the Year Ended December 31, 2007 |
Background Information |
Letter (May 22, 2008) from the General Secretary, Toronto Transit Commission
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14451.pdf) Toronto Transit Commission Report No. 1(d) dated May 21, 2008 (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14452.pdf) Consolidated Financial Statements - Toronto Transit Commission, December 31, 2007 (Ernst & Young) (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14503.pdf) |
3h | Toronto Zoo Board of Management - 2007 Financial Statements |
Background Information |
Cover report (May 22, 2008) from the Secretary, Board of Management of the Toronto Zoo, forwarding 2007 Financial Statements
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-13808.pdf) Consolidated Financial Statements - Board of Management of the Toronto Zoo, December 31, 2007 (Ernst & Young) (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-13809.pdf) |
3i | Yonge-Dundas Square Board of Management - 2007 Financial Statements |
Background Information |
Financial Statements for the Yonge-Dundas Square Board of Management - December 31, 2007 (Grant Thornton)
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-13637.pdf) |
3j | Toronto Atmospheric Fund - Consolidated Financial Statements for the Year Ended December 31, 2007 |
Background Information |
Financial Statements for the Toronto Atmospheric Fund - December 31, 2007
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14634.pdf) |
AU8.4 | Information |
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Ward: All |
City of Toronto Sinking Funds - 2007 Audited Financial Statements |
Background Information |
Sinking Fund - 2007 Audited Financial Statements, report (June 24, 2008) from the Treasurer
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14444.pdf) City of Toronto Sinking Funds - Appendix A - 2007 Financial Statements (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14445.pdf) City of Toronto Sinking Funds - Appendix B - 2007 Audit Results (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14446.pdf) |
AU8.5 | ACTION |
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Ward: All |
City of Toronto Trust Funds - 2007 Consolidated Financial Statements |
Background Information |
Report (June 25, 2008) from the Treasurer - Trust Funds - 2007 Audited Consolidated Financial Statements
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14397.pdf) Trust Funds - Attachment A - 2007 Consolidated Financial Statements (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14398.pdf) Trust Funds - Attachment B - 2007 Audit Results (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14399.pdf) |
AU8.6 | ACTION |
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Ward: All |
Status of the Financial Audits of the City’s Agencies, Boards and Commissions for the Year Ended December 31, 2007 |
Background Information |
Report (June 20, 2008) from the Auditor General - Status of the Financial Audits of the City's Agencies, Boards and Commissions for the Year Ended December 31, 2007
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14370.pdf) |
AU8.7 | Information |
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Ward: All |
Inventory of Major Deposits |
Background Information |
Inventory of Major Deposits staff report
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14365.pdf) Inventory of Major Deposits - Appendices A & B (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14366.pdf) |
AU8.8 | ACTION |
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Ward: All |
Business Improvement Areas (BIAs) - 2007 Audited Financial Statements - Report No. 1 |
AU8.9 | ACTION |
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Ward: All |
Review of Affordable Housing Project at 2350 Finch Avenue West |
Background Information |
Report (June 23, 2008) from the Auditor General - Review of Affordable Housing Project at 2350 Finch Avenue West
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14406.pdf) Appendix 1 - Review of Affordable Housing Project at 2350 Finch Avenue West (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14407.pdf) Appendix 2 - Management's Response to the Auditor General's Review of Affordable Housing Project at 2350 Finch Avenue West (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14408.pdf) Excerpt from the North York Community Council Minutes (November 13, 2002; May 7, 2003; and July 9, 2003) submitted by Councillor Giorgio Mammolit (New.AU8.9 i, ii and iii) (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14678.pdf) Photo, headed "48 Affordable Non-Profit Homes at Finch and Weston" submitted by the Director, Affordable Housing Office (New.AU8.9 a) (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14679.pdf) |
AU8.10 | ACTION |
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Ward: All |
Managing the Risk of Overpayments in the Administration of Social Assistance, Toronto Social Services |
Background Information |
Report (May 13, 2008) from the Auditor General - Managing the Risk of Overpayments in the Administration of Social Assistance,
Toronto Social Services
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14409.pdf) Appendix 1 - Managing the Risk of Overpayments in the Administration of Social Assistance, Toronto Social Services (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14410.pdf) Appendix 2 - Management's Response to the Auditor General's Review (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14411.pdf) |
AU8.11 | ACTION |
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Ward: All |
Auditor General’s Status Report on Outstanding Audit Recommendations for City Divisions |
Background Information |
Auditor General's report (June 24, 2008) - Auditor General's Status Report on Outstanding Audit Recommendations for City Divisions
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14377.pdf) Attachment 2 - Auditor General's Status Report on Outstanding Audit Recommendations for City Divisions (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14378.pdf) |
AU8.12 | ACTION |
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Ward: All |
Auditor General’s Status Report on Outstanding Audit Recommendations for City Agencies, Boards and Commissions |
Background Information |
Report (June 1, 2008) from the Auditor General - Auditor General's Status Report on Outstanding Audit Recommendations for City Agencies, Boards and Commissions
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14380.pdf) Appendix 1 - Board of Directors, Toronto Parking Authority (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14384.pdf) Appendix 2 - Toronto Police Services Board (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14385.pdf) Appendix 3 - Board of Health (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14386.pdf) Appendix 4 - Toronto Public Library Board (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14387.pdf) Appendix 5 - Board of Management of the Toronto Zoo (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14388.pdf) |
12a | Toronto Public Library Response to Auditor General's Report – Results of Follow-up of Previous Audit Recommendations |
Background Information |
Report (June 30, 2008) from the City Librarian - Toronto Public Library Response to Auditor General's Report - Results of Follow-up of Previous Audit Recommendations
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14513.pdf) Attachment 1 - Toronto Public Library, Audit Recommendations Fully Implemented (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14514.pdf) Attachment 2 - Toronto Public Library - Audit Recommendations, Not Fully Implemented (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14515.pdf) |
AU8.13 | ACTION |
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Ward: All |
Arenas – 2007 Audited Financial Statements and Management Letters |
AU8.14 | ACTION |
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Ward: All |
Community Centres – 2007 Audited Financial Statements and Management Letters |
AU8.15 | Presentation |
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Ward: All |
Progress Report on the City's SAP Implementation |
Background Information |
Progress Report on the City's SAP Implementation
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14422.pdf) |
AU8.16 | Information |
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Summary of Technical Contractor Expenses - Toronto Transit Commission |
Background Information |
Letter page 1 (June 25, 2008) from the Chief General Manager, Toronto Transit Commission
(http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14457.pdf) Letter page 2 (June 25, 2008) from the Chief General Manager, Toronto Transit Commission (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14458.pdf) Summary - TTC Technical Contractor Expenses (http://www.toronto.ca/legdocs/mmis/2008/au/bgrd/backgroundfile-14459.pdf) |