Mayor's Weekly Message

Manly Council records another excellent end of financial year result

15 Oct 2015

Manly Council is committed to ensure the very best value is achieved for the Manly community.

As Mayor, I continue to place an emphasis on sound long term financial planning and good internal controls across the organisation. 

I am pleased to advise that Manly Council has continued its strong track record of good fiscal management for the 2014/15 financial year. Proving smaller is better for financial sustainability and growth for Manly.

Here are some of our outstanding results:

  • Council recorded a Net Operating Result after capital grants and contributions of $6.211 m surplus ($4.592 m previous year).
  • Operating Revenues (before capital grants & contributions) increased by $4.670 m and there was an increase in Operating Expenses of $1.971 m resulting in a net surplus before capital income increase of $2.699 m.

 Council met all of the Local Government industry indicators achieving benchmark levels or better evidenced by the:

  • Unrestricted Current Ratio being 2.44:1 (2.75:1 previous year).
  • Operating Performance Ratio is 5.3% (3.4% previous year).
  • Percentage of rates, annual and extra charges collected being 97.96% (97.2%).

These excellent financial results build on last year’s results in that it invests strongly in community infrastructure and maintenance services that are valued by our community.

View the full financial statements online at Council website.

And who said smaller isn’t better when it comes to the prudent management of ratepayers and government funding? 

 

Tamara Anna Cislowska makes Music at Manly

Music at Manly presents another exciting concert on Friday 23 October at 7.30pm in the Cardinal Cerretti Memorial Chapel, Darley Road, Manly. 

Tamara Anna Cislowska, the well-known and much loved pianist, joins Music at Manly in a program for music lovers, ‘A brief history of the piano’: a delightful and varied journey through some of the best-loved works for piano from the great composers - Bach, Haydn and Mozart, Beethoven and Schubert through to Chopin, Liszt, Debussy, Rachmaninov and other classics from the 20th century.

It promises to be another wonderful concert.

Admission is $35.00 (Concession $20.00) and children accompanied by adults are admitted free.

Parking, included in the admission price, is available at St Paul’s College, Darley Road, Manly.

Bookings are essential by phoning Maureen on 02 9948 7738.

For further details, please see their website www.MusicAtManly.com 

Jean Hay AM

Back to listing