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Consultation has concluded

Annual Financial Statements

In accordance with Section 418 (3) of the Local Government Act 1993 (NSW), Canterbury-Bankstown Council advises that the ordinary Council meeting to be hosted on 28 November 2023 will include a presentation of the audited Financial Statements and the Auditor’s Reports for the financial year ending 30 June 2023.

A summary of the Financial Statements is provided below:

Year ending 30 June 2023
Previous year

Income Statement

Total income from continuing operations 406,654
Total expenses from continuing operations 386,076
Operating result from continuing operations 20,578
Net operating result for the year 20,578
Net operating result before grants and contributions provided for capital purposes (15,233)
Statement of Financial Position
Total current assets 339,133
Total current liabilities (93,210)
Total non-current assets 4,160,956
Total non-current liabilities (32,824)
Total equity 4,374,055
Other financial information
Unrestricted current ratio (times) 3.50
Operating performance ratio (%) (2.20)%
Infrastructure renewals ratio (%) 55.92%
Debt service cover ratio (times) 157.02
Rates and annual charges outstanding ratio (%) 6.36%

Where can I view these documents

A copy of Council's Audited Financial Statements can be viewed at Bankstown and Campsie Customer Service Centres and, all Library and Knowledge Centres from 21 November 2023 to 28 November 2023. You can also view the statements by opening the document in the Document Library below.


  • Timeline item 1 - complete

    Friday 17 November 2023 - Tuesday 28 November 2023 05:00PM

    Exhibition Period

    This consultation is open for contributions for the formal exhibition period of Friday 17 November 2023 to 28 November 2023; we are accepting feedback until 05:00PM on Tuesday 5 December 2023.

  • Timeline item 2 - complete

    Report to Council - Ordinary Meeting 28 November 2023

    The draft Annual Financial Statements with an interim summary of feedback received for the period 21 November to 28 November is considered by Council.

  • Timeline item 3 - active

    Tuesday 5 December 2023 05:00PM


    Council will no longer accept feedback and a final community engagement summary is provided to the project officer/s.

Contact Us

If you have questions or want to learn more about the project, please contact us via the following:

Name Community Engagement Team

The City of Canterbury Bankstown acknowledges the traditional custodians of the land, water and skies of Canterbury-Bankstown, the Darug (Darag, Dharug, Daruk, Dharuk) People. We recognise and respect Darug cultural heritage, beliefs and relationship with the land. We acknowledge the First Peoples’ continuing importance to our CBCity community.

Contact us

Our friendly Customer Service Call Centre is open Monday to Friday 8.30am-5pm to assist with all enquiries.

Phone 9707 9000

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