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Public Notice - Presentation of Financial Reports

Last modified: November 10, 2009 - 4:31 PM

In accordance with Section 418(3) of the Local Government Act, 1993.  Yass Valley Council advises that the Ordinary Council Meeting to be held on 28 October 2009 will include the presentation of the audited Financial Reports and the Auditors Reports for the financial year ending 30 June 2009.

A summary of the Financial Reports is provided below:

 

2009 

2008 

 

 $'000

$'000 

 Income Statement    
 Total Income from Continuing Operations

27,819 

       24,302 

 Total Expenses from Continuing Operations 

23,186 

24,869 

 Operating Result from Continuing Operations  

 4,633

(567) 

     
 Net Operating Result for the year

 4,633

 (567)

     
 Net Operating Result before Grants & Contributions  
    provided for Capital Purposes

(1,124) 

(5,164) 

     
 Balance Sheet    
 Total Current Assets

 11,986

 12,971

 Total Current Liabilities

 (4,771)

(5,122) 

 Total Non Current Assets

 287,371

 281,219

 Total Non Current Liabilities

 (6,457)

 (6,554)

 Total Equity

 288,129

 282,514

     
 Other Financial Information    
 Current Ratio

 2.51:1

 2.53:1

 Unrestricted Ratio

 3.57:1

 3.10:1

 Debt Service Ratio (%)

 4.7%

 5.1%

 Rates Coverage Ratio (%)

 27.6%

 30.2%

 Rates & Annual Chrges Outstanding Ratio (%)

 6.4%

 6.1%

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 Council's Audited Financial Reports or the Auditor's Reports.

Copies of the audited Financial Reports and the Auditor's Reports may be viewed below or inspected at:

Yass Valley Council Office, 209 Comur Street, Yass  NSW  2582

Submissions close one week after the above Public Meeting has been held.

Download document
Financial Reports

Contact details
Yass Valley Council
Tel: 02 6226 1477
Fax: 02 6226 2598
Council@yass.nsw.gov.au

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