qathet Regional District Board approves 2025 Statement of Financial Information and Audited Financial Statements

qathet, BC – At the June 24, 2026 qathet Regional District (qRD) Board Meeting, the Regional Board approved the 2025 Statement of Financial Information (SOFI) and presented its Audited Financial Statements, as required under the Financial Information Act.

 

The SOFI is a public account report that includes an asset and liability statement, an operational statement, a schedule of debts, a schedule of guarantee and indemnity agreements, a schedule showing remuneration and expenses paid to or on behalf of employees, and a schedule showing payments to suppliers of goods or services during the fiscal year.

 

Audited financial statements provide a verified overview of a local government’s monetary activities over the course of the previous fiscal year and its financial position at the end of that current fiscal year.

 

In line with provincial legislation, financial statements must be prepared by the local government’s chief financial officer, independently audited by a competent and authorized auditor, and submitted to the Inspector of Municipalities by May 15 each year.

 

The qRD’s SOFI and Audited Financial Statements for the year ending December 31, 2025 are publicly available at qathet.ca/financial-statements/. Paper copies are available for viewing and can be printed for a fee at the main office.

 

About the qathet Regional District:

The qathet Regional District serves the rural areas from Lund to sḵelhp (Saltery Bay), the City of Powell River, Texada Island, Savary Island, and Lasqueti Island. The qRD provides some services, through contract, to Tla’amin Nation. To learn more please visit qathet.ca.

 

 

CONTACT:

Linda Greenan, General Manager of Financial Administration, Chief Financial Officer

#202 – 4675 Marine Avenue

Powell River, BC  V8A 2L2

P: 604∙485∙2260 | E: finance@qathet.ca