For the second straight year, the City of Thunder Bay has earned a Canadian Award for Financial Reporting.
Thunder Bay is recognized for publishing an easily readable and efficiently organized annual financial report in 2024.
“This achievement is a testament to the incredible work that happens throughout the year across our teams. While this award is not about the financial results themselves, it is an important recognition that we are communicating our financial information clearly, accurately, and in line with industry best practices and standards,” said City Treasurer Keri Greaves.
The award was presented by the Government Finance Officers Association of the United States and Canada, which said Thunder Bay exceeded the minimum requirements of generally accepted accounting principles and demonstrated a strong commitment to clearly communicating its financial position and meeting user needs.
To read the 2024 report and learn more about financial reporting, visit http://www.thunderbay.ca/AnnualReports.
