Prince Edward Island

Prince Edward Island Financial Administration Act (RSPEI 1988 c F-9)

Financial Administration Act RSPEI 1988 c F-9 (princeedwardisland.ca/en/legislation/financial-administration-act, HTTP 200); Audit Act RSPEI 1988 c A-24; Procurement Act RSPEI 2011 c P-22.02; Public Interest Disclosure and Whistleblower Protection Act RSPEI 2020 c 39

Statute text →

Fiscal Transparency: 64/100 (good)
64
out of 100
limited
28 of 37 scored fields populated. Higher = stronger statutory transparency requirements.
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Prince Edward Island's fiscal transparency framework is governed by the Financial Administration Act (RSPEI 1988 c F-9, princeedwardisland.ca confirmed HTTP 200), which governs the Consolidated Fund, public accounts, and financial accountability. The Audit Act (RSPEI 1988 c A-24) establishes the Auditor General as an independent officer of the Legislative Assembly conducting financial and value-for-money audits. PEI has NO standalone IFI. The Procurement Act (RSPEI 2011 c P-22.02) governs public procurement. PEI has a Public Sector Salary Disclosure Act (RSPEI 1994 c P-31.1) covering senior employees. Fiscal year: April 1 to March 31.

Transparency Requirements

Budget Publicationmax 12 pts

Budget publication required ✓ Yes
Budget published online ✓ Yes
Budget publication timeline —
Machine-readable budget format —
Draft budget required before adoption ✓ Yes

Expenditure Disclosuremax 12 pts

Expenditure disclosure required ✓ Yes
Expenditure granularity department
Public expenditure portal required —
Expenditure reporting frequency annual

Independent Auditmax 12 pts

Audit required ✓ Yes
Auditor independent of entity ✓ Yes
Auditor selection method appointed independent
Audit frequency annual
Audit reports public ✓ Yes
Audit scope financial performance

Contract & Procurementmax 10 pts

Public bidding required ✓ Yes
Contract publication required ✓ Yes
Bid award disclosure ✓ Yes
Beneficial ownership disclosure No

Debt & Liability Disclosuremax 10 pts

Debt disclosure required ✓ Yes
Pension liability disclosure ✓ Yes
Contingent liability disclosure ✓ Yes
Voter approval required for new debt No

Fiscal Reporting Frequencymax 10 pts

Interim reporting required ✓ Yes
Interim reporting frequency quarterly
Year-end report deadline 180 days after fiscal year
Citizens budget required —

Enforcement & Oversightmax 10 pts

Non-compliance penalties ✓ Yes
Fiscal oversight body No
Whistleblower protections ✓ Yes
Legislative budget office No

Revenue & Tax Transparencymax 8 pts

Tax expenditure reporting —
Revenue forecasting required ✓ Yes
Tax rate publication ✓ Yes
Fee schedule publication ✓ Yes

Compensation & Payrollmax 8 pts

Salary disclosure required ✓ Yes
Salary disclosure scope executives
Pension benefit disclosure —
Overtime reporting —

Capital & Asset Disclosuremax 8 pts

Capital plan required ✓ Yes
Asset inventory required —
Surplus asset disposal transparency —

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