Title
Capital Regional District 2025 Audit Findings Report and Statement of Financial Information
Recommendation
[At the May 6, 2026 Finance Committee meeting, the 2025 Statement of Financial Information was recommended for adoption. Following the meeting, typographical corrections in the accompanying presentation were identified and a REVISED copy is attached. Specifically, slide 5 was corrected to revise the proportion attributed to sale of services revenue from 46% to 39%; slide 6 was corrected to revise the 2026-2030 5-year financial plan tangible capital asset additions from $883 million to $918 million; and slide 7 was corrected to align the narrative with the graphic that shows principal payments account for 57% of total CRD debt servicing costs, while interest accounts for 43%.]
The Finance Committee recommends to the Capital Regional District Board:
That the Capital Regional District 2025 Statement of Financial Information be approved.
(NWA)