2023/24
Lake Macquarie

Average Residential Ordinary Rates

2.0%

2022/23 to 2023/24

Your Council's Rates & Charges

Result Group Avg.
Avg Ordinary Residential Rate ($)1,584.201,390.32
Avg Ordinary Business Rate ($)5,033.535,944.67
Avg Ordinary Farmland Rate ($)2,270.272,732.73
Avg Ordinary Mining Rate ($)79,888.89112,312.61
Total Land Value / Total Rate Revenue ($)296.56312.04
Typical Residential Water Bill ($)690.78
Typical Residential Sewer Bill ($)991.94
Typical Residential Water & Sewer Bill ($)NA1,682.74
Typical Residential Water & Sewer Bill ($)554.92533.01

Operating Performance Ratio


Your Councils Income Sources 2023/24 (%)

Your Councils Expenditure 2023/24 (%)

Your Council's Financial Performance

Result Group Avg.
Own Source Revenue (%) 59.88 67.26363636
Grant & Contributions Revenue (%) 39.65885136 32.51119012
Operating Performance Ratio (%) 0.6 -0.635454545
Unrestricted Current Ratio 4.3378 3.786245455
Outstanding Rates & Charges (%) 5.53 6.352727273
Debt Service Cover Ratio 3.6433 5.152963636
Cash Expense Cover Ratio (Mths) 11.9251 13.76156364
Debt Service Ratio 8.660811891 6.7

* See NSW Overview - Finances for definitions