"I find that Mr. Karygiannis acted in good faith with respect to the filing of the financial statements."

In a statement sent out by officials Wednesday afternoon, Toronto City Clerk Ulli Watkiss said she gave the notice to Karygiannis based on a supplementary financial statement filed after the 2018 municipal election.

In a report released on Wednesday, staff said the City of Toronto's governance structure needs to be "recalibrated" so agencies, boards and committees can function effectively.

Toronto residents have elected a city council under the new 25-ward system imposed by the Ontario government, but politicians are turning their attention to how governing will work with fewer representatives.

Meet the four councillors-elect who will be joining the 21 current members of Toronto city council.

As City of Toronto becomes 25 wards in December following a law passed by the Doug Ford government slashing the number of local representatives, 13 current members won't be returning to city hall.

Global News has a complete list of resources, including information on candidates, how, where and when to vote, and election results.

Joe Mihevc, who was first elected as Ward 21 councillor in 2000 and re-elected in 2003, 2006, 2010 and 2014, is running in the new Ward 12 against Josh Matlow, who was first elected as Ward 22 councillor in 2010 and re-elected in 2014.

Candidates were asked to discuss transportation, affordability, community safety and economic development-related issues.

City of Toronto staff said 124,306 residents voted during the five-day advance vote period between Wednesday and Sunday.