The Department of Municipal Affairs compiles the Annual Report of Municipal Statistics, which consolidates and analyzes financial data submitted by Nova Scotia's 54 municipalities. It contains assessment information, financial statements, and other data that can help municipalities analyze their financial health and plan for the future. It may also be useful to others who are interested in municipal government statistics.
The report allows for comparison between Nova Scotia municipalities, and between municipal units in other provinces. However, there may be significant differences in municipal administration, both provincially and nationally, and these differences must be taken into consideration to make the comparison meaningful.
The annual report complies with the Financial Reporting and Accounting Manual (FRAM), and meets the Public Sector Accounting Board (PSAB) standards.