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overview

Each year the community has an opportunity to comment on our audited financial statements, in accordance with Section 418(3) of the Local Government Act, 1993.

The Ordinary Meeting to be held on Wednesday 19 November 2025 will include the presentation of the audited Financial Statements and the Auditors Reports for the Financial Period ending 30 June 2025.

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 Statements or the Auditor's Reports. All submissions must be lodged (email
accepted) with the Council within 7 days of the public meeting.

Council’s audited Financial Statements, together with the Auditor’s Reports are
available for public inspection until Wednesday 26 November 2025.


financial reports summary

Current Year

01/07/24 - 30/06/25

$'000
Previous Year

01/07/23 - 30/06/24

$'000

Income Statement

Total Income from Continuing Activities

374,152

401,505

Total Expenses from Continuing Activities
(excluding depreciation, amortisation and impairment of non-financial assets)

240,404

235,107

Operating result from Continuing Operations
(excluding depreciation, amortisation and impairment of non-financial assets)

133,748

166,396

Depreciation, amortisation and impairment of non-financial assets

94,690

94,015

Net Operating Result for the Year

39,058

72,383

Net Operating Result before grants & contributions provided for capital purposes

(31,865)

(13,407)

Statement of Financial Position
Total Current Assets

263,280

281,854

Total Current Liabilities

117,430

139,039

Total Non-Current Assets

4,829,695

4,699,696

Total Non-Current Liabilities

163,141

171,435

Total Equity 4,812,404

4,671,076


View the financial statements

You can view or download a copy of Council's Audited Financial Statements below.

We acknowledge the traditional custodians of the land on which we work and live, the Gathang-speaking people and pay our respects to all Aboriginal and Torres Strait Islander people who now reside in the MidCoast Council area. We extend our respect to elders past and present, and to all future cultural-knowledge holders.

Contact us

Email: haveyoursay@midcoast.nsw.gov.au

www.midcoast.nsw.gov.au

General enquiries - (02)7955 7777

Open Monday - Friday 8.30am to 4.30pm (excluding public holidays)

Full contact information


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We deliver benefits for our community in a way that adds value and builds trust.

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