The Strathcona Regional District is in a good financial place, according to their newly audited financial report that was presented to the board last week.
The Strathcona Regional District is in a good financial place, according to their newly audited financial report that was presented to the board last week.
Every year the regional district’s finances get audited before they are submitted to the province.
Cash coming into the regional district this year was $12,623,933, after spending on capital and infrastructure projects and debt payments, the total heading to surplus was $3,551,963. That brings the district’s total surplus up to $57 million, which includes $31 million worth of investments in physical assets.
The report also included a list of remuneration for both directors and any employees who made over $75,000 last year. The full report is available online.