2022/23
Lake Macquarie

Average Residential Ordinary Rates

2.1%

Change from 2021/22 to 2022/23

Your Council's Rates & Charges

Result Group Avg.
Avg Ordinary Residential Rate ($)1,552.901,481.65
Avg Ordinary Business Rate ($)5,005.265,818.34
Avg Ordinary Farmland Rate ($)2,270.272,488.17
Avg Ordinary Mining Rate ($)68,000.00106,125.00
Total Land Value / Total Rate Revenue ($)312.21212.09
Typical Residential Water Bill ($)N/A667.01
Typical Residential Sewer Bill ($)N/A965.86
Typical Residential Water & Sewer Bill ($)N/A1,632.87
Typical Residential Water & Sewer Bill ($)507.4969.12

Operating Performance Ratio


Your Councils Income Sources 2022/23 (%)

Your Councils Expenditure 2022/23 (%)

Your Council's Financial Performance

Result Group Avg.
Own Source Revenue (%) 69.6 69.1
Grant & Contributions Revenue (%) 29.9 30.5
Operating Performance Ratio (%) 4 2.9
Unrestricted Current Ratio 3.9 3.7
Outstanding Rates & Charges (%) 4.5 5.7
Debt Service Cover Ratio 5 5.4
Cash Expense Cover Ratio (Mths) 12.4 13.9
Debt Service Ratio 6 6.8

* See NSW Overview - Finances for definitions