Expenditures
There are two main expenditure documents that the Government produces: the Public Accounts and the Geographic Tracking of Expenditures Report.
These documents provide detail as to where Government appropriations were spent (Department, Region, Community) and the overall financial position of the Government.
The Public Accounts are prepared each fiscal year to allow the Government of the Northwest Territories to fulfill its statutory obligations under section 12 of the Financial Administration Act and sections 28 and 30 of the Northwest Territories Act. The Public Accounts are prepared according to the financial reporting standards of the Public Sector Accounting Board of the Canadian Institute of Chartered Accountants.
The Geographic Tracking Report provides detailed expenditure amounts on three geographic bases: community, region and territory. Expenditures from various departments for a single community are disclosed to provide a government-wide perspective on the expenditures in that community. Information about major programs and allocation methodologies of the Government are also provided.
