Audit of payments to Downsview Park

The audit looked at all other expenditures by CLC/PDP for the period, with the exclusion of capital, corporate and depreciation expenses, and noted total disbursements of approximately $6.149M. [...] The aim of this audit was to provide an independent and objective assessment of the breakdown for expenditures incurred from fiscal year (FY) 1995-1996 to FY 1999-2000. [...] The examination assessed the substantiation, recording accuracy and classification of the expenditures. [...] Chief Review Services 1/4 Audit of Payments to Downsview Park Final – June 2002 RESULTS 7. The results with regard to expenditures are presented in three separate sections: • DND payments to CLC/PDP • Other CLC/PDP expenditures • Additional DND expenditures EXPENDITURES DND Payments to CLC/PDP 8. Based on the results of the audit, DND paid $12.733M directly to CLC/PDP between FY 1995-1996 and FY 1 [...] In addition to the DND payments and expenditures of $12.733M examined, CLC/PDP incurred other expenditures of approximately $6.149M in the period subject to audit — most of which were financed from revenue earned on leases.