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Feedback dates


Project details

In accordance with Section 418 (3) of the Local Government Act 1993 (NSW), Inner West Council advises that the Council Meeting to be held on Tuesday 12 November 2024 will include the presentation of the audited Financial Statements and the Auditor’s Reports for the year ending 30 June 2024.


Summary of Financial Statements 2023-2024

2024

($’000)

2023 Restated

($’000)

Income Statement

Total income from continuing operations

322,912

298,242

Total expenses from continuing operations

310,570

275,705

Operating result from continuing operations

12,342

22,537

Net operating result for the year attributable to Council

12,342

22,537

Net operating result before grants and contributions provided for capital purposes

(12,733)

(6,672)

Statement of Financial Position

Total current assets

171,618

226,479

Total current liabilities

123,114

120,184

Total non-current assets

3,156,185

2,970,612

Total non-current liabilities

34,021

35,168

Total equity

3,170,668

3,041,739

Other financial information

Unrestricted current ratio (times)

2.38x

3.10x

Operating performance ratio (%)

(0.65%)

(0.59%)

Debt service cover ratio (times)

10.35x

9.22x

Rates and annual charges outstanding ratio (%)

7.50%

8.57%

Infrastructure renewals ratio (%)

75.04%

120.43%

Own source operating revenue ratio (%)

88.92%

85.56%

Cash expense cover ratio (months)

5.82 months

8.72 months


Read the Financial Statements 2023-2024

To view the entire document


Have Your Say

You can also provide feedback by:

  • Completing the form below
  • Emailing to chris.sleiman@innerwest.nsw.gov.au.
  • Mailing to Inner West Council, Po Box 14, Petersham NSW 2049, c/o Chris Sleiman
  • Calling us on 02 9392 5906

Other ways to provide feedback:

  • Call a FREE Interpreter or the National Relay Service, Monday to Friday between 9am-4pm and provide our phone number 02 9392 5906.
    • Free Interpreter call TIS National on 131 450
    • Voice relay call 1300 555 727
    • TTY call 133 677
    • SMS relay call 0423 677 767

Last day to provide feedback is 4 November 2024.

To complete the survey please join to create an account, or login to an existing account. The Your Say Inner West account is separate from other Council accounts. Your privacy: We will not make public your personal details, but we may use excerpts of your comments and feedback (without identifying details) as part of our community consultation analysis. We will not disclose your email to third parties.

What happens next

All feedback will be referred to Council’s External Auditors in accordance with the Local Government Act 1993.

Find out more

Contact us directly

Contact Us

Have questions or want to learn more about this project, contact us below:

Name Chris Sleiman
Phone 02 9392 5906
Email chris.sleiman@innerwest.nsw.gov.au

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Prefer to see a hard copy?

Between Monday and Friday, 8.30am and 5pm, the following sites have hard copies available:

  • Ashfield Service Centre 260 Liverpool Road, Ashfield
  • Petersham Service Centre, 2-14 Fisher Street, Petersham
  • Leichhardt Service Centre, 7-15 Wetherill Street, Leichhardt