Financial Reporting

Annual Report

The annual report state goals and objectives for the coming year demonstrate what progress has been made toward the preceding year's goals and objectives. Annual reporting promotes a greater understanding of municipal responsibilities and priorities.   

Annual Reports

Audited Financial Statements

Audited financial statements provide a consolidated and independently verified overview of a local government's financial activities over the course of the previous year and it's financial position at the end of that year.  This provides enhanced transparency and public accountability of local government financial affairs. Northern Rockies Regional Municipality Audited Financial StatementsNorthern Rockies Regional Hospital District Audited Financial Statements

 

Statement of Financial Information (SOFI)

All local governments must prepare an annual statement of financial information in accordance with the Financial Information Act.  The statement of financial information must be made available for public viewing by June 30 each year and be accessible for the following 3 years.

 Statement of Financial Information

Annual Budget (5 Year Plans)

Financial budgeting is a planning tool that enhances local government accountability and service delivery, and sets out their legal expenditure authority.  Legislation establishes requirements and deadlines for adoption of financial plans, and a local government may amend its plan during the year for unexpected expenditures.

Local governments must annually adopt a financial plan in accordance with the Community Charter.  The planning period for the financial plan must include the current fiscal year and the next four fiscal years (five-year plan).

Annual Budget (5 Year Plans)

CARIP Reporting

The Climate Action Revenue Incentive Program (CARIP) was a conditional grant program that provides funding to local government who have signed on to the BC Climate Action Charter. Under the Charter, local government's signatories commit to take actions to become carbon neutral in their corporate operations and reduce community-wide emissions by creating more complete, compact and energy efficient rural and urban communities.  The CARIP wrapped up in the 2021/22 fiscal year with no reporting requirements for 2020.

The CARIP grant was equal to 100% of the carbon tax the eligible governments have directly paid in a given year.CARIP Reports