2015/16 Annual Financial Statements

Each year, individual local governments across NSW are required to present a set of audited financial statements.The statements set out the financial performance, financial position and cash flows of Council for the financial year ended 30 June 2016. They also contain explanatory notes for the major components of the financial performance being income and expenditure and for financial position encompassing assets and liabilities.

The Annual Financial Statements are comprised of the:

1. General Purpose Financial Statements

2. Special Purpose Financial Statements

The 2015/16 Financial Statements have been prepared in accordance with applicable Australian accounting standards and interpretations issued by the Australian Accounting Standards Board, the Local Government Act 1993 and regulations and the local government code of accounting practice and financial reporting.

After this public exhibition the audited Financial Reports and the Auditors Reports for the financial year ending 30 June 2016 will be presented in accordance with section 418 (3) of the Local Government Act, 1993 at the Ordinary Council Meeting to be held on 21 November 2016.

Submissions

Submissions should quote 2015/16 Annual Financial Statements and be made in writing by 6pm on Monday 28 November 2016 to:

Chief Finance Office
Attn: Bob Wallace
City of Sydney
GPO Box 1591
Sydney NSW 2001

Email: bwallace@cityofsydney.nsw.gov.au


Each year, individual local governments across NSW are required to present a set of audited financial statements.The statements set out the financial performance, financial position and cash flows of Council for the financial year ended 30 June 2016. They also contain explanatory notes for the major components of the financial performance being income and expenditure and for financial position encompassing assets and liabilities.

The Annual Financial Statements are comprised of the:

1. General Purpose Financial Statements

2. Special Purpose Financial Statements

The 2015/16 Financial Statements have been prepared in accordance with applicable Australian accounting standards and interpretations issued by the Australian Accounting Standards Board, the Local Government Act 1993 and regulations and the local government code of accounting practice and financial reporting.

After this public exhibition the audited Financial Reports and the Auditors Reports for the financial year ending 30 June 2016 will be presented in accordance with section 418 (3) of the Local Government Act, 1993 at the Ordinary Council Meeting to be held on 21 November 2016.

Submissions

Submissions should quote 2015/16 Annual Financial Statements and be made in writing by 6pm on Monday 28 November 2016 to:

Chief Finance Office
Attn: Bob Wallace
City of Sydney
GPO Box 1591
Sydney NSW 2001

Email: bwallace@cityofsydney.nsw.gov.au