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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 >> Balance sheet

In 2002-03, the total net assets of all councils in Tasmania was $4,366 million, which equates to net assets of $9,151 per head of population.

The local government council of Flinders recorded net assets per head of population of $47,029, significantly higher than other local government councils, because the council rather than the state government owns and is responsible for the provision of most of its roads. Central Highlands council also recorded high net assets per head of population ($27,393) due to a high level of non-current assets relating to roads.


BALANCE SHEET, Tasmanian local government councils - 2002-03

Current
assets
Non-current
assets
Current
liabilities
Non-current
liabilities
Net assets
Net assets
per head of estimated
resident
population(a)

Local government council

$'000

$'000

$'000

$'000

$'000

$


Greater Hobart-Southern
Brighton
2,234
78,617
1,679
5,340
73,832
5,649
Central Highlands
2,885
61,946
618
86
64,127
27,393
Clarence
28,895
337,623
6,971
24,396
335,151
6,722
Derwent Valley
1,233
41,998
1,786
2,442
39,003
4,148
Glamorgan/Spring Bay
1,571
42,316
899
2,766
40,222
9,880
Glenorchy
8,894
382,999
9,187
24,849
357,857
8,028
Hobart
16,072
616,811
8,136
16,888
607,859
12,646
Huon Valley
7,477
78,418
1,756
1,505
82,634
5,869
Kingborough
10,278
255,281
3,256
999
261,304
8,616
Sorell
3,991
83,631
2,167
2,487
82,968
7,438
Southern Midlands
2,860
66,132
840
1,724
66,427
11,569
Tasman
1,097
11,853
1,010
872
11,068
5,033
Total
87,487
2,057,625
38,305
84,354
2,022,452
8,610

Northern
Break O'Day
4,120
50,053
959
1,399
51,814
8,726
Dorset
5,862
97,956
1,938
953
100,928
13,913
Flinders
6,037
37,235
2,016
106
41,150
47,029
George Town
1,924
41,660
2,274
3,057
38,253
5,726
Launceston
33,799
711,588
13,597
10,773
721,017
11,384
Meander Valley
7,250
125,703
1,577
51
131,326
7,186
Northern Midlands
11,209
140,818
1,137
134
150,756
12,526
West Tamar
6,905
106,680
2,167
2,499
108,918
5,269
Total
77,106
1,311,693
25,665
18,972
1,344,162
9,952

Mersey-Lyell
Burnie
14,728
239,750
4,278
7,123
243,076
12,774
Central Coast
8,700
182,115
2,920
2,255
185,640
8,827
Circular Head
4,972
64,592
2,157
572
66,835
8,266
Devonport
5,791
292,296
7,481
10,090
280,516
11,418
Kentish
3,394
28,221
441
501
30,673
5,544
King Island
3,018
19,354
965
296
21,111
12,589
Latrobe
2,203
49,817
1,156
2,142
48,722
5,720
Waratah/Wynyard
4,233
77,356
2,706
3,544
75,339
5,587
West Coast
1,900
49,801
1,635
2,986
47,079
9,073
Total
48,939
1,003,302
23,739
29,509
998,991
9,326

Total all councils

213,532

4,372,620

87,709

132,835

4,365,605

9,151

(a) Estimated Resident Population of local government councils at 30 June 2003. Refer to Population in municipalities for more detail.

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



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