The Annual Financial 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 consolidated financial statements in accordance with Canadian generally accepted accounting principles for local governments.
2022 Annual Financial Report
Throughout 2022, The City demonstrated resilience and remained focused on supporting Calgarians and its ongoing economic recovery. The City continued assisting Calgarians in need, ensuring delivery of essential services without interruptions, making strategic investment in infrastructure, supporting business opportunities and financial sustainability.
Strong fiscal management is confirmed by The City’s 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. Calgarian’s quality life is confirmed by the results of the 2022 Fall Survey of Calgarians, where 80 per cent of Calgarians say their quality of life is "good," identical to the same time last year.
Previous annual financial reports
View the consolidated financial statements and accomplishments achieved in prior years: