MyCouncil website allows residents to compare City of Vincent to other local governments

CITY of Vincent ratepayers can compare their local government’s finances with others online.

Information including population, electors, rate increase, revenue and total value of assets can be gathered from the MyCouncil website, launched on April 29.

Website users can also compare these figures with neighbouring local governments.

The website reveals City of Vincent’s total operating revenue, all sources of money that contribute to its operating budget, which more than $51.5 million, and its total value of assets, which is almost $278 million.

A graph for the cash reserve shows the figures go from $17.1 million in the 2011-12 financial year to $7.6 million in 2014-15 financial year.

Another graph shows the gradual increase of the total annual operating revenue from just below $40 million in 2011-12 to $51.5 million in 2014-15.

Employee costs have gone up about $5 million in the last five years and the spending on sport and recreation has gone up $7 million in the same timeframe.

Local government minister Tony Simpson said the website was another step forward in guaranteeing the transparency of local government and would make finances more accessible and more easily understood.

City of Vincent

Population: 37,279

Electors: 20,788

Rate increase: 8 per cent

Revenue: $51,598,170

Operating expenditure: $53, 943, 013

Total value of assets: $277,955,162