MHHS · Municipal Government Act
Part 8 — Financial Administration
276 Annual Financial Statements and Auditor's Report Annual financial statements
statements of the municipality for the immediately preceding year
in accordance with
(a) Canadian generally accept ed accounting principles for
municipal governments, which are the standards approved
by the Public Sector Accounting Board included in the CPA
Canada Public Sector Accounting Handbook, and
(b) any modification of the principles or any supplementary
accounting standards or principles established by the
Minister by regulation.
(2) The municipality's financial statements must include
(a) the municipality's debt limit, and
(b) the amount of the municipality's debt as defined in the
regulations under section 271.
(3) Each municipality must make its financial statements, or a
summary of them, and the auditor's report of the financial
statements available to the public in the manner the council
considers appropriate by May 1 of the year following the year for
which the financial statements have been prepared.
RSA 2000 cM-26 s276;2014 cC-10.2 s181;2022 c16 s9(57)