Financial Reports

Financial transparency and accountability

 
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Annual Reports & Workplans


Lethbridge Land is proud of the work we do to shape Lethbridge. We take pride in building innovative communities that offer valued amenities, enhanced quality of life and lasting value for investors and families

We are a self-financed municipal land developer. Self-financed means the cost of all business operations (including land development levies, fees, staff salaries, overhead costs, marketing, and property taxes in lieu) is covered by the revenue generated by land sales and not through property taxes collected by the City.

Financial profits from land development operations stay in the City of Lethbridge. City Council allocates them for use in capital projects that would otherwise be funded through municipal property taxes, grants or borrowing.

 

Annual Report 2018

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Annual Report 2019

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Work Plan 2019-22

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Work Plan 2020-2023 updated

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