Annual and Quarterly Financial Reports
Annual Financial Report
The 2020 Annual Financial Report provides an overview of the Town’s financial position and operating results for the year. It includes the consolidated financial statements in Schedule “1”.
The consolidated financial statements combine the operations of the Town, Fort Erie Library Board, Community Gaming Development Corporation and the Town’s three Business Improvement Areas.
The consolidated financial statements have been prepared by management in accordance Canadian Generally Accepted Accounting Principles established by the Public Sector Accounting Board (PSAB) of the Chartered Professional Accountants Canada.
Quarterly Financial Report
Budget policy requires variance analysis of the operating budget be reported to Council as at June 30, September 30 and December 31. Capital variances are reported for information purposes in the June 30 report.