Financial health check 2017

Published on 05 July 2017

Mayor Frank Carbone standing in front of a sign saying FAIRFIELD at Fairfield City Museum and Gallery

For the past four years, Council has worked hard to be financially responsible and to provide high-quality services and value-for-money for our ratepayers.

Fairfield City is in a strong financial position moving into the new financial year, enabling the continued delivery of services and new projects that are important to our community’s future.

Careful and responsible management enables us to be financially viable and to continue to invest in major infrastructure projects to keep making Fairfield City a great place to live.

We will again have a surplus, expected this year to be about 1% of the total budget. These surpluses are important to ensure funds are available for new opportunities, future investment into our community and help to keep our rates low.

We will continue to work hard for our local community, while being financially responsible, delivering local services and enabling us to invest into the future. 

The graph below reveals the comparison in rates in $ with nearby councils.

* Figures are indicative for 2016-17 based on a 1.8% increase over 2015-16 rates (excluding waste collection and stormwater charges).

Bar chart describing the comparison in rates in $ with nearby councils. The data is described in the table below.

 

Council Comparison in rates in $
Fairfield   822
Parramatta* 880
Blacktown 998
Liverpool 1,117
Penrith 1,225
Bankstown*  1,332

 

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