July 8, 1998
To:Strategic Policies and Priorities Committee
From:Audit Committee
Subject:1997 Financial Statements of the Metropolitan Toronto Police Services Board
Supplemental Pension Benefits Trust Fund, the Metropolitan Toronto Police Benefit Fund,
the Metropolitan Toronto Pension Fund and the Board of Management of the Metropolitan
Toronto Zoo
Recommendation:
That the 1997 Financial Statements of the Metropolitan Toronto Police Services Board
Supplemental Pension Benefits Trust Fund, the Metropolitan Toronto Police Benefit
Fund, the Metropolitan Toronto Pension Fund and the Board of Management of the
Metropolitan Toronto Zoo be received and Council so advised.
Background:
At its meeting held on July 7, 1998, the Audit Committee had before it a report (June 26,
1998) from the Chief Financial Officer and Treasurer forwarding the 1997 Financial
Statements of the Metropolitan Toronto Police Services Board Supplemental Pension
Benefits Trust Fund, the Metropolitan Toronto Police Benefit Fund, the Metropolitan
Toronto Pension Fund and the Board of Management of the Metropolitan Toronto Zoo.
The Audit Committee advises that it received the aforementioned Financial Statements,
which were circulated to all Members of Council with the Agenda for the Audit Committee
meeting held on July 7, 1998.
Interim Secretary
Audit Committee
Christine Dodds 392-7031
Item 25