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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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