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Consultation has concluded

Annual Financial Statements

Council's Annual Financial Statements and Auditor's Reports for the period 1 July 2019 to 30 June 2020 are now available and will be presented to the Ordinary Meeting of Council on Tuesday 8 December 2020.

Council's Auditor, Audit Office of NSW will be in attendance.

A summary of the Financial Statements for your consideration is:

Current Period 1/7/19 – 30/6/20

Income Statement
Total Income from Continuing Operations 334,402
Total Expenses from Continuing Operations 332,806
Operating Result from Continuing Operations 1,596
Net Operating Result before Grants and Contributions Provided from Capital Purposes
Statement of Financial Position
Total Current Assets 199,581
Total Current Liabilities 87,268
Total Non-Current Assets 3,724,010
Total Non-Current Liabilities 22,062
Total Equity
Other Financial Information
Own Source Operating Revenue (%) 86%
Operating Performance Ratio (%) (2.83)%
Unrestricted Current Ratio 4
Debt Service Cover Ratio 165.72
Cash Expense Cover Ratio 14.2
Rates and Annual Charges Outstanding Percentage (%) 5.5%
Building and Infrastructure Renewals Ratio (%)

Where can I view these documents

A copy of Council's Audited Financial Statements can be viewed at its Bankstown and Campsie Customer Service Centres, and the nine (9) Library and Knowledge Centres.

How to have your say

Thank you for your interest in this exhibition. Submissions are now closed. All feedback and comments received will be reviewed and considered by Council.