City of Lloydminster receives Canadian Award for Financial Reporting
Lloydminster, AB/SK – The City of Lloydminster’s annual financial report for the year ended December 31, 2023, was awarded the Canadian Award for Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA). The Canadian Award for Financial Reporting program encourages municipal governments throughout Canada to publish high-quality financial reports and to provide peer recognition and technical guidance for officials preparing these reports.
To be awarded a Canadian Award for Financial Reporting, a government unit must publish an easily readable and efficiently organized annual financial report, whose contents conform to program standards. According to the GFOA, the reports should go beyond the minimum requirements of generally accepted accounting principles and demonstrate an effort to clearly communicate the municipal government’s financial picture, enhance an understanding of financial reporting by municipal governments, and address user needs.
To view the 2023 Annual Report, visit Lloydminster.ca/2023AnnualReport.
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“Having our municipality recognized through a Canadian Award for Financial Reporting highlights our long-standing commitment to transparency and responsible management of public dollars. It is crucial that our residents have access to clear, accurate, and transparent financial information so they can plainly see how public funds are managed and invested. In addition to detailed financials, these reports contain highlights about municipal activities over the past year. We sincerely hope residents will take time to review our past annual reports, as well as the most-current edition which will be released in coming months.” Mayor Gerald Aalbers, City of Lloydminster |
Contact Us
City of Lloydminster
4420 50 Avenue, Lloydminster
AB/SK, T9V 0W2
Phone: 780-875-6184
Fax: 780-871-8345
Email: info@lloydminster.ca