In accordance with Section 418 (3) of the Local Government Act 1993 (NSW), Cessnock City Council advises that the ordinary Council meeting to be held on 19/11/2025 will include the presentation of the audited Financial Statements and the Auditor’s Reports for the year ending 30/06/2025.
You can also view these documents in person at the Council Administration building.
How to make a submission
The Annual Financial Statements are on public exhibition until 5.00pm Wednesday, 26 November 2025.
You can make a submission using the online form via the Together Cessnock page here.
You can also provide feedback by:
- Email: council@cessnock.nsw.gov.au
- In person, over the counter at Cessnock City Council Administration building:
62-78 Vincent St, Cessnock NSW 2325
- Mail: PO Box 152, CESSNOCK NSW 2325
Summary of the Financial Statements
Income Statement
|
2025 |
2024 |
$ '000
|
$ '000
|
| Total income from continuing operations |
176,621
|
206,927
|
| Total expenses from continuing operations |
112,273 |
122,273
|
| Operating result from continuing operations |
64,348 |
34,011
|
| Depreciation, amortisation and impairment of non-financial assets |
26,202 |
22,987 |
Net operating result for the year
|
38,146 |
88,944 |
|
|
|
|
Net operating result before grants and contributions provided for capital purposes
|
(38,146)
|
(15,634)
|
|
|
|
| Statement of Financial Position |
|
|
| Total current assets |
115,758 |
101,442
|
| Total current liabilities |
(68,851) |
(45,256)
|
| Total non-current assets |
1,567,624 |
1,295,120
|
| Total non-current liabilities |
(42,338) |
(39,358)
|
| Total equity |
1,572,193 |
1,311,948
|
|
|
|
| Other financial information |
|
|
| Unrestricted current ratio (times) |
0.75
|
1.61
|
| Operating performance ratio (%) |
(15.63)%
|
(5.96)%
|
| Debt service cover ratio (times) |
8.43
|
11.82
|
| Rates and annual charges outstanding ratio (%) |
7.37%
|
7.28%
|
|
|
|
| Infrastructure renewals ratio (%) |
202.62% |
329.31% |
|
|
|
| Own source operating revenue ratio (%) |
50.39%
|
40.07%
|
| Cash expense cover ratio (months) |
10.56
|
10.00
|