Share this page Print

Annual reports


Annual reports



City of Calgary annual reports and financial statements

True, /cfod/finance/PublishingImages/2018-Annual-report-banner.jpg


Edit Hero/CTA

Annual Reports

City of Calgary annual reports and financial statements


The City of Calgary’s annual reports have consistently won the Government Financial Officers Association (GFOA) award for financial reporting.

2018 Annual Report

City of Calgary 2017 Annual Report

The City of Calgary’s 2018 Annual Report provides consolidated financial statements prepared in accordance with Canadian Public Sector Accounting Standards.

The Annual Report is part of The City’s commitment to provide effective governance, increased accountability, transparency, and a well-run City. It provides a comprehensive view of the 2018 consolidated financial statements consistent with Canadian best practices applicable to municipalities. 

“Throughout 2018 we took action to support economic recovery, keep Calgarians working and reduce the cost of local government. We focused our attention on ensuring The City of Calgary continues to be financially stable and fiscally responsible in delivering value for citizens. I am very proud to work every day with City colleagues who consistently demonstrate their commitment to public service and take pride in delivering quality services to Calgarians”, said Glenda Cole, City Manager.

Despite the changing economic environment, The City’s 2018 consolidated financial statements continued to reflect a strong financial picture of a municipality investing in infrastructure to facilitate economic growth, stimulate job creation and build a more resilient city. The report’s title – Delivering Value for Citizens – underscores our common purpose for more than 1.2 million Calgarians we take pride in serving. 

Strong fiscal management is confirmed by The City maintaining its Double A+ and Double A high credit ratings - identified among the best for Canadian Municipalities by Standard & Poor’s and the Dominion Bond Rating Service respectively.

In 2018, The City was able to implement its business plans and budgets as approved by Council. The City is entering 2019 which is the first year of a four-year Service Plans and Budgets cycle and continues to work hard to recover and maintain its resilience by supporting the local economy through investments in social programs, infrastructure and transportation projects. ​

Previous annual reports


View the consolidated financial statements and accomplishments achieved in prior years:

2017 Annual Report​

2016 Annual Report

2015 Annual Report

2014 Annual Report

2013 Annual Report

2012 Annual Report

2011 Annual Report

2010 Annual Report

More plans and budgets information

Service Plans and Budget 2019 – 2022​ - The 2019-2022 Plans and Budgets describe how we're addressing ongoing challenges, providing essential services and delivering on Council's vision for Calgary.

Business plans and budgets accountability reports

Plans, budgets and financial reports