Quesnel’s mayor Bob Simpson has published a letter regarding the subject of the city’s two major reports, and those are the city’s consolidated financial statements and its annual report.
While Simpson did acknowledge that these kinds of documents can be hard to understand at times, he wanted to get across that these reports are important due to the fact citizens need this kind of information.
The main reason for the necessity for the reports is so that residents are able to determine whether or not they think the reports show the kind of activity they want to see going on in Quesnel and then use that information when voting.
According to Mayor Simpson’s letter, Quesnel is currently a $38 million enterprise with a nominal debt, reasonable reserves, and a moderate annual surplus, which will be needed to fund the city’s capital projects.
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