The City of Leduc ended the 2025 fiscal year with a $1.38 million operating surplus, representing 1.1 per cent of the City’s $130.7 million operating budget. The surplus reflects careful cost management and efficient service delivery, and City Council directed it to be transferred to the City’s operating reserve.
The year‑end results reflect slightly higher revenues than anticipated, alongside:
- strong alignment between budget forecasts and actual results, demonstrating strong financial planning and forecasting accuracy, and
- reinforced financial resilience, supporting the City’s ability to fund priority services and plan for future community needs.
MNP LLP, an independent third party, presented its review of the City’s 2025 financial statements at the public City Council meeting on April 13, 2026. The clean audit opinion confirms the City’s financial reporting meets required standards and public‑sector accounting practices.
Each year, the City of Leduc must undergo an independent audit to ensure transparency, accuracy, and accountability in how public funds are managed. The audited financial statements are released publicly each spring following a presentation to City Council.
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