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COMMON LANGUAGE GUIDE TO MUNICIPAL FINANCIAL STATEMENTS
This guide has been prepared by the Ontario Ministry of Municipal Affairs and Housing (MMAH). It is based on A Quick Guide to Municipal Financial Statements (2010) produced by Alberta Municipal Affairs. The guide provides examples and explanations of some of the typical information contained in a municipality’s annual audited financial statements. It may help municipal officials, councillors, and other stakeholders understand the information provided in the annual financial statements.