The City of Lloydminster’s financial position remains robust, supported by a healthy operating surplus and more than $121 million in liquid assets by the end of the third quarter.
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According to the Quarterly Financial Report for the Period Ending September 30, 2026, the municipality recorded an operating surplus of $27.6 million against total revenues of $106.9 million for the nine-month period.
Total financial assets reached $142.5 million, offset by $124.1 million in financial liabilities, leaving net financial assets at $18.3 million. Cash and short- and long-term investments totaled $121.3 million, comfortably exceeding the city’s total restricted and unrestricted reserve balance of $76 million and deferred offsites of $9.2 million.
On the capital side, the city advanced 139 projects with total budgeted expenditures of $67.2 million for the year. Actual capital spending reached $15.8 million through September 30, with 50 projects completed and 78 remaining in progress.
Long-term debt stood at $89.1 million at the close of the quarter, remaining well within provincial debt limits.
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