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Annual Report and Financial Statements

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 What's new

The City of West Kelowna has won the Canadian Award for Financial Reporting from the Government Finance Officers Association of Canada and the United States for the 2023 Audited Financial Statements and Annual Report.

“Congratulations to Deputy Chief Administrative Officer Trevor Seibel and his team in the Finance and Communications and Engagement Departments and many other staff who contributed to this award-winning collaboration,” said Mayor Gord Milsom on behalf of West Kelowna Council. “The honor is a significant accomplishment for the City of West Kelowna and reflects Council and the City’s ongoing commitment to transparency and accountability in financial reporting.”

The Canadian Award for Financial Reporting recognizes municipal governments that publish high-quality reports, which demonstrate the spirit of full disclosure and clearly communicate a municipality’s financial picture.

Read the full news release.


2023 Annual Report

The 2023 Annual Report, which contains the Year in Review and the 2023 Audited Financial Statements, is available for public review below or you can download a copy.

The Annual Report provides an easy to read summary of the activities and accomplishments that support moving our community forward. As a rapidly growing and vibrant city, we have made significant progress to address infrastructure needs of our community and deliver programs and services, guided by Council’s Strategic Priorities. In addition to highlighting our program, service and project achievements for the last full operating year, the Annual Report also provides the City’s permissive tax exemptions and grants in aid.

About Council's current 2022-2026 Priorities

To view Council’s 2022-2026 Strategic Priorities and the objectives under each of the four pillars, please visit westkelownacity.ca/strategicpriorities.

The four pillars are:

  • Invest in Infrastructure
  • Pursue Economic Growth and Prosperity
  • Strengthen Our Community
  • Foster Safety and Well-Being
Learn about the legislative requirements

Annual Reports provide a transparent accounting of the city's fiscal position and its performance measures and highlights from the past full operating year in the delivery of programs, projects and services. The requirements of annual reporting are set out in Part 4, Division 5, Sections 98 and 99 of the Community Charter. The Annual Report must include:

  • The local government's audited annual financial statements for the previous year.
  • A list of the permissive tax exemptions that the municipal council has authorized and the amount of property tax that would have been imposed during the previous year for each exemption had it not been granted.
  • A report on the local government's programs, services and operations for the previous year.
  • Progress on the local government's performance relating to its established objectives and measures.
  • A statement of objectives and measures that will create a baseline for the municipality's performance during its current year and next operating years.
  • Details of any declarations of disqualification made against individual council members during the previous year.
  • Any other information that a council deems appropriate for annual reporting purposes.
  • Once completed, the municipality must ensure the Annual Report is available for public viewing, questions and feedback for a minimum of 14 days before Council holds a meeting to finally consider the report.

The report is to be made available for public viewing before June 30 each year.

 View past years' Annual Reports and Audited Financial Statements
Past Annual ReportsPast Financial Statements
2022 Annual Report 2022 Financial Statements
2021 Annual Report 2021 Financial Statements
2020 Annual Report 2020 Financial Statements
2019 Annual Report 2019 Financial Statements
2018 Annual Report 2018 Financial Statements
2017 Annual Report 2017 Financial Statements
2016 Annual Report 2016 Financial Statements
2015 Annual Report 2015 Financial Statements
2014 Annual Report 2014 Financial Statements
2013 Annual Report 2013 Financial Statements
2012 Annual Report 2012 Financial Statements
2011 Annual Report 2011 Financial Statements
2010 Annual Report 2010 Financial Statements
  2010 LID/WID Financial Statements
2009 Annual Report 2009 Financial Statements
2008 Annual Report 2008 Financial Statements

 

 

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3731 Old Okanagan Highway, 
West Kelowna, BC, V4T 0G7
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