Territory Stories

Alice Springs Town Council Annual Report 2016/17



Alice Springs Town Council Annual Report 2016/17

Other title

Annual report 2016/2017; Alice Springs Town Council annual report


Alice Springs Town Council


E-Publications; E-Books; PublicationNT; Annual Report




Made available via the Publications (Legal Deposit) Act 2004 (NT).




Alice Springs (N.T.). Council -- Periodicals; Local government -- Northern Territory -- Alice Springs -- Periodicals

Publisher name

Alice Springs Town Council

Place of publication

Alice Springs


Annual Report



File type


Copyright owner

Alice Springs Town Council

Parent handle


Citation address


Page content

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS Note 9 Property, Plant & Equipment (cont) Page 22 Stormwater drainage infrastructure was valued by Council officers as at 30 June 1996.. All acquisitions made after the respective dates of valuation are recorded at cost. Major depreciation periods are: Drains 80 to 100 years Culverts 50 to 75 years Flood Control Structures 80 to 100 years All other assets Assets acquired after 30 June 1996 are recorded at cost. Assets acquired prior to that date and depreciated in accordance with the Local Government Accounting Regulations 1979 are recorded at deemed cost, being the carrying value of those assets at 30 June 2003. Major depreciation periods are: Library Books 5 years Artworks indefinite Next Valuation of Assets; The next valuation of Council assets will be the 1st July 2004. All assets currently being depreciated will be revalued at that time.

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