Financial Plans and Reports

Five-Year Financial Plan

Each year council reviews the priorities and goals for the upcoming year and directs staff to prepare a comprehensive Five-Year Financial Plan, as required by the Community Charter. The Five-Year Financial Plan is the organization’s budget document reflecting ongoing efforts to provide quality of service in daily operations and local governance consistent with the priorities and strategies identified in the Corporate Plan and OCP.

Download the following Five-Year Financial Plans:

Find information about the annual budget process.

Annual Reports

The RMOW’s Annual Reports include audited financial statements from the previous year, as well as an overview of municipal services and operations, a progress report on municipal objectives and a list of property tax exemptions.

Download the following Annual Reports:

The prior year’s Annual Report is contained in the Corporate Plan: to view, visit the About the Corporate Plan page, which contains the current Corporate Plan/Annual Report as well as prior years.

Quarterly Reports

Quarterly financial reports provide a regular overview of financial information and support the RMOW’s commitments to fiscal responsibility and accountability.

Download the following financial reports:

Financial statements

Download the following audited Financial Statements:

Statements of Financial Information (SOFI)

The Statements of Financial Information (SOFI) report is a regulatory requirement for all British Columbian municipalities, which includes:

  • the municipality’s audited financial statements
  • remuneration paid to the mayor and council
  • a listing of the municipal employees and their positions who have remuneration over the threshold amount of $75,000
  • amounts paid to suppliers of goods and/or services to which the municipality paid a total of exceeding $25,000 including any other taxes during the year
  • all grants awarded by the municipality to not-for-profit organizations for the reporting year

Download the Statements of Financial Information:

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