Summary of Financial Reports 2020 to 2021

No longer on display. Expired on 25 November 2021, 11:55 PM

The audited financial reports and the Auditor’s reports for the period ending 30 June 2021, will be presented at the Ordinary Council Meeting on Thursday 25 November 2021.

Summary of Councils Financial Reports 2020 to 2021

Income Statement

2021

$

2020

$

Total Income from Continuing Operations 113,928 117,974
Total Expenses from Continuing Operations 104,460 94,196   
Operating Result from Continuing Operations 9,468  23,778   
Net operating result from Discontinued Operations   0  0
Net Operating Result for Year  9,468 23,778   
Net operating result before grants and contributions provided for capital purposes  (13,936) (8,243) 

 

Balance Sheet

2021

$

2020

$

Total Current Assets 76,810 80,901   
Total Current Liabilities  (30,728) (24,169) 
Total Non Current Assets  1,104,539 1,002,287   
Total Non Current Liabilities  (65,906)  (68,011)  
Total Equity
1,084,715  991,008  

 

Other Financial Information  2021 2020
Unrestricted Current Ratio 2.41 3.08 
Operating Performance Ratio (%)  -6.87% -7.09% 
Infrastructure Renewals Ratio (%)  107.26% 96.28% 
Debt Service Cover Ratio  2.18 1.99 
Rates & Annual Charges Outstanding Percentage (%)  8.33% 7.32% 
Own Source Operating Revenue (%)  72.5% 65.41% 
Cash Expense Cover Ration (months)  9.36 8.76

Make a submission

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 at Our progress

Email submissions to council@byron.nsw.gov.au

Submissions close Thursday 2 December 2021.