Audited Financial Statements
Each year, the municipality prepares Audited Annual Financial Statements for the previous year. The Audited Annual Financial Statements are included in the Annual Report and available as a separate document.
Read the following Audited Financial Statements:
Statements of Financial Information (SOFI)
The Statements of Financial Information (SOFI) report is a regulatory requirement for all British Columbia municipalities. It is submitted by June 30 each year to the Ministry of Community, Sport and Cultural Development.
The purpose of the SOFI is to ensure municipal compliance with provincial reporting requirements. Financial Information Act (FIA) regulations require that the SOFI is available for public examination for three years once released. The SOFI includes the municipality’s audited financial statements and schedules regarding remuneration paid to the mayor and council, a listing of the municipal employees and their positions who have remuneration over the threshold amount of $75,000, amounts paid to suppliers of goods and/or services to which the municipality paid a total of exceeding $25,000 including HST and any other taxes during the year, and all grants awarded by the municipality to not-for-profit organizations for the reporting year.