Demo — fictional municipality

RM of Prairie Coulee No. 999

FISCAL YEAR 2025

Audited Financial Statements

Auditor: Tallgrass & Ashdown LLP, Chartered Professional Accountants, report dated April 21, 2026

Auditor's opinion
Unmodified (clean)
Council resolution
2026-052

Key figures

Total revenue
$3,965,485.00
Total expenses
$3,697,145.00
Annual surplus (deficit)
$268,340.00
Debt
$425,000.00
Debt limit
$3,400,000.00

From the attached document. Brackets show a deficit.

Summary

The municipality ended 2025 with an annual surplus, mainly from a provincial capital grant for culvert and bridge work and lower than budgeted snow removal costs. Transportation remains about 70% of spending. Debt is the remaining balance of the 2023 grader loan, well under the debt limit. The summary financial statements (synopsis) are attached as a second file.