The purpose of the Financial Report is to present the readers with clear insight of the financial results for the City of Medicine Hat for each fiscal year. Administration strives to ensure that the reports fairly present the financial position of the City of Medicine Hat. The reports compare how financial resources were used against budgets and past financial performances.
Canadian Award for Financial Reporting
The City of Medicine Hat has been awarded the annual Canadian Award for Financial Reporting consecutively since 2002. To be awarded with a Canadian Award for Financial Reporting, a government entity must publish an easily readable and efficiently organized annual financial report with contents conforming to program standards. For more information about this award, visit the Government Finance Officers Association website.