Community Centres and Arenas - 1998 Financial Statements
The Audit Committee recommends the adoption of the following report (September 17, 1999) from the City
Auditor:
Purpose:
To present the 1998 Financial Statements and Auditor's Report for the following community centres and arenas:
Applegrove Community ComplexForest Hill Arena
Community Centre 55George Bell Arena
519 Church Street Community CentreTed Reeve Arena
Harbourfront Community Centre
Ralph Thornton Community Centre
Scadding Court Community Centre
Swansea Town Hall
Recommendations:
It is recommended that the above financial statements be received for information and forwarded to Council.
Comments:
The audit of the financial audits of community centres and arenas are the responsibility of the City Auditor. The audits of
the above community centres and arenas have been completed and have been approved by the respective Boards.
The financial statements of the remaining community centres and arenas have been completed and will be forwarded to the
Audit Committee upon receipt of the signed balance sheets indicating the approval of the respective Boards and
Committees of Management. These include the following:
Cecil Street Community CentreMoss Park Arena
Central Eglinton Community CentreNorth Toronto Arena
Eastview Neighbourhood Community Centre William H. Bolten Arena
In addition, McCormick Arena has not yet been completed due to the fact that certain accounting information required
from management is still outstanding.
Contact Name and Telephone Number:
Steve Harris, Senior Audit Manager, 392-8460
--------
The Audit Committee reports, for the information of Council having also had before it during consideration of the
foregoing matter, the Auditor's Report and Financial Statements for the following community centres and arenas, and a
copy thereof has been submitted to Council under separate cover:
Applegrove Community Complex;
Community Centre 55;
519 Church Street Community Centre;
Forest Hill Arena;
George Bell Arena;
Harbourfront Community Centre;
Ralph Thornton Community Centre;
Scadding Court Community Centre;
Swansea Town Hall; and
Ted Reeve Arena.
