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The City is responsible for being accountable and transparent when reporting to Edmontonians on financial results, operating and capital budgets, the economy, the City’s credit rating and significant City accomplishments.
The City has consistently received awards for financial transparency, including the Government Finance Officers Association (GFOA) Distinguished Budget Award for 22 years, the GFOA award for Popular Reporting for the last 8 years and the Canadian Award for Financial Reporting for 29 consecutive years.
The December 31, 2024 Operating and Capital Financial Updates went to Council on March 18, 2025.
Presentation to Council
Full Report With Attachments and Council Video
7.1 Capital Financial Update
7.2 Operating Financial Update
December 2021 - current
Presentation to Council
Full Report With Attachments and Council Video
7.1 Capital Financial Update
7.2 Operating Financial Update
Full Report With Attachments and Council Video
7.1 Capital Financial Update
7.2 Operating Financial Update
Full Report With Attachments and Council Video
7.1 Operating Financial Update
7.2 Capital Financial Update
Full Report With Attachments and Council Video
7.3 Capital and Financial Update
7.4 Operating Financial Update
Full Report With Attachments and Council Video
7.1 Capital Financial Update - September 30, 2023
7.2 Operating Financial Update - September 30, 2023
Full Report With Attachments and Council Video
7.1 Capital Financial Update - June 30, 2023
7.2 Operating Financial Update - June 30, 2023
Full Report With Attachments and Council Video
7.2 Capital Financial Update - Dec 31, 2022
7.3 Operating Financial Update - Dec 31, 2022
Full Report With Attachments and Council Video
7.1 Capital Financial Update - Sep 30, 2022
7.2 Operating Financial Update - Sep 30, 2022
Full Report With Attachments and Council Video
6.1 Capital Financial Update - June 30, 2022
6.2 Operating Financial Update June 30, 2022
Full Report With Attachments and Council Video
6.1 Capital Financial Update - Dec 31, 2021
6.2 Operating Financial Update - Dec 31, 2021
Full Report With Attachments and Council Video
6.1 Capital Financial Update - Sep 30, 2021
6.2 Operating Financial Update - Sep 30, 2021
This report includes legislated audited financial statements in adherence with Public Sector Accounting Standards.
This report includes yearly financial results, operating and capital budgets, an economic update and City achievements.
2010 - current
2023 Financial Report to Residents
2022 Financial Report to Residents
2021 Financial Report to Residents
2020 Financial Report to Citizens
2019 Financial Report to Citizens
2018 Financial Report to Citizens
2017 Financial Report to Citizens
2016 Financial Report to Citizens
2015 Financial Report to Citizens
2014 Financial Report to Citizens
2013 Financial Report to Citizens
2012 Financial Report to Citizens
Performance results for the City’s investment portfolio, which is made up of 6 funds. Over the past 10 years, the City’s investments have contributed $915 million in earnings and dividends to the City’s budget.
2016 - current
This credit rating is important for the City and Edmontonians because it confirms that the City has the capacity to meet its financial commitments. Maintaining a high-quality credit rating gives the City access to lower long-term borrowing costs to help pay for some of its construction projects.
| City | Current Credit Rating |
Last Reviewed by S&P |
|---|---|---|
| Regina | AAA | May 22, 2024 |
| Saskatoon | AAA | January 15, 2024 |
| Vancouver | AAA | February 14, 2024 |
| Calgary | AA+ | July 12, 2024 |
| Ottawa | AA+ | October 24, 2023 |
| Winnipeg | AA+ | November 14, 2023 |
| Edmonton | AA | July 11, 2024 |
| Toronto | AA | October 17, 2023 |
| Montreal | AA | August 17, 2023 |
