Barkly Regional Council annual report 2018-2019
Annual report 2018-2019
Barkly Regional Council
E-Publications; E-Books; PublicationNT; Barkly Regional Council annual report; Annual Report
2019
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Barkly Regional Council; Periodicals; Local government; Northern Territory; Barkly; Annual report
Barkly Regional Council
Tennant Creek
Barkly Regional Council annual report; Annual Report
2018 - 2019
Barkly Shire Council annual report
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Barkly Regional Council
https://www.legislation.gov.au/Details/C2021C00407
https://hdl.handle.net/10070/806845
https://hdl.handle.net/10070/806848
Capital Commitments Other Expenditure Commitments Finance Lease Commitments 2019 2018 2017 2016 Current Ratio Current Assets - Externally Restricted Assets 6.69 3.45 4.41 2.79 Current Liabilities Debt Service Ratio Net Debt Service Cost 0% 0% 0% 0% Operating Revenue* * as defined Rate Coverage Percentage Rate Revenues 11.64% 11.87% 10.45% 9.83% Total Revenues Rates & Annual Charges Outstanding Percentage Rates & Annual Charges Outstanding 22.54% 23.83% 16.60% 18.44% Rates & Annual Charges Collectible Accumulation only Members Note 16 SUPERANNUATION The Council makes contributions to superannuation schemes selected by employees under the choice of fund legislation. All such schemes are of the accumulation type, where the superannuation benefits accruing to the employee are represented by their share of the net assets of the scheme. Accumulation only members receive both employer and employee contributions on a progressive basis. Employer contributions are based on a fixed percentage of ordinary time earnings in accordance with superannuation guarantee legislation (9.50% in 2018-19; 9.50% in 2019-20). No further liability accrues to the Council as the superannuation benefits accruing to employees are represented by their share of the net assets of the Fund. Barkly Regional Council Notes to and forming part of the Financial Statements for the year ended 30 June 2019 Note 15 - FINANCIAL INDICATORS Note 14 - COMMITMENTS FOR EXPENDITURE There are no capital expenditure committed for at the reporting date not recognised in the financial statements as liabilities: There are no other non-capital expenditure committed for at the reporting date not recognised in the financial statements as liabilities: Council leases no plant and equipment under finance leases. No leases provide for the payment of contingent rentals depending on actual use of the equipment. Contingent rental payments made are disclosed in Note 3. -29 84 2018 - 2019 Annual Report