Financial health check

Over the past four years, Council has worked hard to be financially responsible and to provide high quality services and value-for-money for our ratepayers.

Fairfield City is in a strong financial position moving into the new financial year, enabling the continued delivery of services and new projects that are important to our community's future.

Following on from an expected $19.3 million surplus in 2015-16, a further $3.7 million surplus is expected for 2016-17, enabling us to be financially viable, to maintain our standalone position and to continue to invest in major infrastructure projects to keep making Fairfield City a great place to live.

Below is some information about the health of Fairfield's finances, showing that Fairfield City has some of the lowest residential rates in Sydney and has one of the lowest borrowings in comparison to other councils, while maintaining a high level of service and new infrastructure.

Graph: Average residential rates

Graph: Fairfield Council spend
Graph: Financial borrowings

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There is one response to “Financial health check”

  1. Dr Sims Says:

    Thanks for sharing! Fairfield city must be doing really well, they should also invest in health programs. http://www.socialandhealthservices.org/

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The Mayor's weekly message to residents and ratepayers of Fairfield City.

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