Council’s total operational income tops $723m

The auditor’s report for the first consolidated Central Coast Council is readyThe auditor’s report for the first consolidated Central Coast Council is ready

The auditor’s report for the first consolidated Central Coast Council financial statements will be presented at the next meeting on Monday, March 26.

The report and financial statements for the 13-and-a-half-month statutory period, confirm a total income from continuing operations of $723.7m, a surplus of $65.4m, and an asset base worth $6.9b. These are the first consolidated financial statements for Central Coast Council and are from May 13, 2016, until June 30, 2017. The audited financial statements and the auditor’s report are available for inspection at Council’s Offices in Gosford and Wyong, at Libraries, and online at the Your Voice Our Coast website. Any person may make written a submission to Council with respect to the audited financial statements until Monday, April 2. Also available for inspection are the audited financial statements and auditor’s report for activities as a water supply authority, under the Water Management Act 2000, prepared in accordance with the provisions of the Public Finance and Audit Act, 1983.

Source: Media release, Mar 15 Central Coast Council Media

Link to the Council’s audit statement and report (We supply this link as a service to our readers)