Budget & Financial Report
Budget
County Council and Administration begin planning for the following year’s budget well in advance. Council establishes budget guidelines to help determine priorities, which Administration uses to prepare draft budgets for Council to review and finalize in November and December.
Financial Reports
The consolidated financial statements for Big Lakes County are prepared in accordance with Public Sector Accounting Standards established by Chartered Professional Accountants Canada, and audited by independent private-sector auditors. The financial statements and auditors’ reports satisfy a legislative reporting requirement as set out in the Municipal Government Act of Alberta.