May 19, 1998
TO:The Audit Committee
FROM:W. A. Liczyk
Chief Financial Officer & Treasurer
SUBJECT:1997 Financial Statements of The Metropolitan Toronto Sinking Funds
Purpose:
To present the 1997 Financial Statements of the Metropolitan Toronto Sinking Funds to Committee.
Funding Sources, Financial Implications and Impact Statement:
None.
Recommendation:
It is recommended that the Financial Statements of The Metropolitan Toronto Sinking Funds be received for information.
Council Reference / Background History:
The Auditor of the former Municipality of Metropolitan Toronto has completed the 1997 financial audit of The
Metropolitan Toronto Sinking Funds.
Comments:
The Metropolitan Toronto Sinking Funds Committee, at its meeting of March 26, 1998, received and approved the
Financial Statements for the year ended December 31, 1997.
Conclusion:
Receive the 1997 Financial Statements of The Metropolitan Toronto Sinking Funds.
Contact Name and Telephone Number:
Al Shultz
Director of Accounting Services
416 397 5240
W. A. Liczyk
Chief Financial Officer & Treasurer
ACS/maja