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1362.6 - Regional Statistics, Tasmania, 2005  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 21/01/2005   
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Contents >> Local government finance >> Surplus/deficit

In 2002-03, the total operating result before abnormal gains/losses for all Tasmanian councils was a surplus of $17.5 million. On the same basis, 19 out of 29 councils delivered a surplus, the highest being returned by Clarence ($14.9 million). The remaining 10 councils showed a deficit, the highest deficit being recorded by Hobart ($7.2 million). Overall, before abnormal gains/losses, councils in all regions delivered a net surplus: councils in the Greater Hobart-Southern Region delivered a net surplus of $6.2 million; and councils in the Northern Region and Mersey-Lyell Region delivered net surpluses of $5.9 million and $5.4 million respectively.

Glenorchy council reported an unusual abnormal gain of $39.6 million, with most of this gain being previously unrecognised stormwater and drainage assets brought to account in 2002-03. Dorset council reported an abnormal gain of $27.2 million also due to asset revaluation and Burnie council reported an abnormal gain of $10.4 million from previously unrecognised assets.


LOCAL GOVERNMENT SURPLUS/DEFICIT, Tasmanian local government councils - 2002-03

Total revenue
Total expenses
Surplus/deficit
before abnormal
items
Abnormal
gains/losses(a)
Surplus/deficit
after abnormal
items (b)

Local government council

$'000

$'000

$'000

$'000

$'000

Greater Hobart-Southern
Brighton
10,696
10,363
333
-1,420
-1,087
Central Highlands
5,547
6,610
-1,063
-
-1,063
Clarence
56,276
41,327
14,949
-
14,949
Derwent Valley
8,853
9,068
-216
-914
-1,130
Glamorgan/Spring Bay
7,389
6,930
459
-
459
Glenorchy
46,291
50,550
-4,259
39,610
35,351
Hobart
76,344
83,560
-7,216
5,167
-2,049
Huon Valley
15,115
13,621
1,494
-
1,494
Kingborough
27,112
23,963
3,149
-
3,149
Sorell
10,610
11,630
-1,020
-539
-1,559
Southern Midlands
5,516
7,043
-1,526
-461
-1,987
Tasman
5,478
4,330
1,148
-
1,148
Total
275,227
268,995
6,232
41,443
47,675

Northern
Break O'Day
7,820
6,952
867
-
867
Dorset
9,550
9,484
65
27,219
27,284
Flinders
4,043
4,907
-865
-15
-879
George Town
7,807
7,284
523
-34
488
Launceston
73,975
72,549
1,425
4,483
5,909
Meander Valley
14,867
13,483
1,384
-
1,384
Northern Midlands
12,551
11,047
1,504
-
1,504
West Tamar
14,386
13,431
956
-
956
Total
144,999
139,137
5,859
31,653
37,513

Mersey-Lyell
Burnie
26,548
27,274
-726
10,413
9,687
Central Coast
19,646
18,872
774
-
774
Circular Head
13,788
11,238
2,550
-81
2,469
Devonport
28,983
30,577
-1,594
-
-1,594
Kentish
4,787
4,512
275
-
275
King Island
4,520
5,575
-1,055
-63
-1,118
Latrobe
7,842
7,265
578
-
578
Waratah/Wynyard
14,035
11,863
2,172
-
2,172
West Coast
9,644
7,198
2,446
-
2,446
Total
129,793
124,374
5,420
10,269
15,689

Total all councils

550,019

532,506

1
7,511

83,365

100,877

- nil or rounded to zero
(a) Includes adjustments on recognition of non-current assets.
(b) Figures have been rounded and discrepancies may occur between totals and the sums of the component items.


Source: Measuring Council Performance in Tasmania 2002-03, Department of Premier and Cabinet


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