Town releases 2012 Annual Report
The Town of Stony Plain has released its 2012 Annual Report, which is intended to provide residents, businesses and other stakeholders with detailed information about the Town’s accomplishments, its financial condition and key statistics from the past year.
The Report, which was prepared by the Town’s Corporate Services department and Corporate Communications, is comprised of three sections: general information and a year-in-review; audited financial statements; and statistics.
Section I includes letters from the Mayor and Chief Administrative Officer (CAO), an overview of the organization, a profile and historical synopsis of the community and highlights regarding various projects and initiatives that the Town accomplished in 2012. Section II features the official audited financial statements, as prepared by a third-party, independent accounting firm; the Town’s books are audited every year. Section III details unaudited statistics on a wide range of financial matters and also includes general statistical information.
“This Annual Report is an important way to share the Town’s major accomplishments for the year - and some of its future goals and upcoming projects - with the community,” writes William Choy, mayor of Stony Plain, on page one of the Report. “Through the audited financial statements, we also demonstrate the fiscal responsibility that we all take great pride in. Most of all, this Report speaks to the high level of service that is our prominent priority as your local government.”
The Town has submitted the Report to the Government Finance Officers Association of the United States and Canada (GFOA) for consideration for the Canadian Award for Financial Reporting (CAnFR); it received this award for its 2011 Annual Report and was the only Canadian municipal Town west of Ontario to obtain the award, which is the highest form of recognition in the area of governmental accounting and financial reporting
[2011 CAnFR winners (-7.79KB)].
Established by the GFOA in 1986, the CAnFR Program encourages municipal governments throughout Canada to publish high-quality financial reports that go beyond the minimum requirements of Generally Accepted Accounting Principles (as set by the Public Sector Accounting Board of the Canadian Institute of Chartered Accounts).
A municipality that receives this award demonstrates a spirit of transparency and full disclosure to clearly communicate its financial story and annual accomplishments and to motivate potential users and user groups to read its report, which also provides peer-recognition and technical guidance for officials preparing these reports.
The Town will also submit the 2012 Annual Report to the International Association of Business Communicators (IABC), the Canadian Public Relations Society (CPRS) and the Hermes Creative Awards for consideration in these associations’ annual award programs.
The 2012 Annual Report can be read or downloaded in-full or by individual sections. Click on the image below to access the Report.