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Annual Reporting

If you’d like to know more about what we do at Regina Public Library, our reporting documents are a good place to start.

What Our Reports Mean:

Annual Report

The Annual Report is a comprehensive report detailing Regina Public Library’s (RPL’s) activities throughout the year. It provides information about the organization’s strategy, operations, and finances. The Annual Report includes Management’s Discussion and Analysis, financial results, and consolidated financial statements. In previous years, these documents were prepared and posted separately.

Management’s Discussion and Analysis: Management’s Discussion and Analysis (MD&A) provides an overview of RPL’s core business and strategy and explains the library’s financial position and operational results for the year. The MD&A includes information from RPL’s leadership team about major projects, key initiatives, and statistics on library use. It also contains forward-looking statements, based on RPL’s estimates and assumptions about future results and events. 

Audited Financial Statements: RPL’s audited financial statements present the financial performance of the library over the course of a year and are accompanied by an independent auditor’s report, verifying that those statements fairly present the financial position of the library.

Regina Public Library is considered a controlled entity of the City of Regina, according to accounting standards, so RPL’s financial statements are consolidated into the City of Regina financial statements.

Budget

Regina Public Library’s budget outlines our planned spending for the year and the sources of revenue anticipated to meet those spending needs. Since most of the library’s revenue is from a municipal tax levy, the library submits a mill rate request to the City of Regina each year for enough funds to cover planned spending.

Public Accounts

Public Accounts is an accountability tool that outlines expenditures made to Regina Public Library’s Board of directors, as well as any payments over $50,000 to employees and vendors of the library.

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2020

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