Skip to Navigation

Summary of Byron Shire Council's Financial Reports 2016/2017

In accordance with Section 418 (3) of the Local Government Act, 1993, Byron Shire Council advises that the Ordinary Council Meeting to be held Thursday, 23 November 2017, will include the presentation of the audited financial reports and the Auditor’s reports for the period ending 30 June 2017.

A summary of the financial reports has been outlined below:

Section 418 (3) (b)
Summary of Councils Financial Reports

Current Year

2017

$'000

Previous Year

2016

$'000

 
 
 

Income Statement

 

 

 

Total Income from Continuing Operations

99,158

90,620

 

Total Expenses from Continuing Operations

77,983

74,646

 

Operating Result from Continuing Operations

21,174

15,974

 

Net operating result from Discontinued Operations

0

0

 

Net Operating Result for Year

21,174

15,974

 

Net operating result before grants and contributions provided for capital purposes

2,407

3,267

 

Balance Sheet

 

 

 

Total Current Assets

88,977

88,488

 

Total Current Liabilities

(19,337)

(18,421)

 

Total Non Current Assets

764,940

749,929

 

Total Non Current Liabilities

(62,631)

(65,610)

 

Total Equity

771,949

754,377

 

Other Financial Information

 

 

 

Unrestricted Current Ratio

3.20

2.96

 

Operating Performance Ratio (%)

5.98%

2.61%

 

Infrastructure Renewals Ratio (%)

108.04%

136.80%

 

Debt Service Cover Ratio

3.26

2.38

 

Rates & Annual Charges Outstanding Percentage (%)

3.39%

4.00%

 

In accordance with Section 420 of the Local Government Act 1993, any person may make a submission in writing to Council with respect to the Audited Financial Statements or the Auditor’s Reports. 

The Financial Reports are available on Council’s web page http://www.byron.nsw.gov.au/public-exhibition

Enquiries:  James Brickley 02 6626 7090