Audited Annual Financial Statement for 2023/24

Published on Thursday, 3 April 2025 at 3:37:37 PM

Executive Summary

As Chief Executive Officer of Shire of Northam, I am pleased to present the Audited Annual Financial Statements for 2023/24. These statements continue to reflect Council’s ability and performance which is financially stable and has the capacity to manage short-, medium- and long-term
challenges.

The unqualified Financial Statements can be found here.

A snapshot of the new Local Government Financial Index shows how strong the Shire of Northam is preforming, with an annual average score of 97 out of 100, well above the benchmark of 70.

The Shire of Northam continues to develop a robust Long-Term Financial Plan (LTFP) that is reviewed on a bi-annual basis, ensuring that the Plan remains relevant.

It includes all items that have been identified within the Council Plan, together with allocations for the Shire’s various Asset Management Plans and the corresponding methods of funding.

Debbie Terelinck

Chief Executive Office