2025 Statement of Financial Information Instructions

This document is a guide detailing the instructions for the 2025 Statement of Financial Information (SOFI) submissions for public libraries in British Columbia. It outlines the responsibilities of both the Ministry of Municipal Affairs and the libraries regarding the SOFI process. The Financial Information Act mandates that libraries receiving provincial grants must submit their SOFI within six months after their fiscal year ends. The document specifies the requirements for submission, including the need for separate schedules, the completion of checklists, and the necessity for signatures from library board members. It also addresses common issues that libraries may encounter, such as the correct formatting of documents and the inclusion of financial statements. Additionally, it provides guidance on how to submit the SOFI, including the format and email instructions. The document emphasizes the importance of compliance with the Financial Information Act and the role of the Public Libraries Branch in overseeing submissions.