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HomeNews100 Mile HouseAudited financial statements show strong fiscal position

Audited financial statements show strong fiscal position

The Cariboo Regional District and Cariboo-Chilcotin Regional Hospital District were presented with a 2014 audited financial statement.

Al Richmond, Chair of the Cariboo Regional District, says they are pleased of the statements which according to PMT Chartered Accountants show the financial position of the corporations remaining strong.

“Right now given the times we’re in, being in a strong fiscal position is important for the region and our constituents.”

“We’re trying to do that on an on-going basis, but it’s nice to have an independent 3rd party come in and say you’re doing a pretty good job.”

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“I think tax-payers should feel some relief that we are doing a good job with their money.”

Overall debt for the Cariboo Regional District came in at $4.7 million dollars, with $14.8 million ($38 million for Hospital) in capital reserves.

Debt for the Municipalities were also released in the audit:

–>City of Williams Lake:
2014= $14,077,258      2013= $14,950,734

–>City of Quesnel
2014=$7,180,258      2013= $7,712,644

–>District of 100 Mile House
2014=$1,880,639      2013=$1,991,973

–>District of Wells
2014= $24,124      2013= $35,419

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