Annual Financial Report

Award-Winning Report

The Government Finance Officers Association of the United States and Canada (GFOA) has awarded a Canadian Award for Financial Reporting to the City of Brooks for its annual financial reports for each year beginning in 2007.

In order to be awarded a Canadian Award for Financial Reporting, a municipality must publish an easily readable and efficiently organized annual financial report, whose contents conform to program standards. Such reports should go beyond the minimum requirements of generally accepted accounting principles and demonstrate an effort to clearly communicate the municipal government’s financial picture, enhance an understanding of financial reporting, and address user needs.