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
|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)
|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
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.
If you have questions or want to learn more about the project, please contact us via the following:
|Name||Community Engagement Team|