Key findings: P9114 - Financial Census of Municipalities, June 2011

Acid test ratio
Municipalities throughout the country recorded the acid test ratio of 1,0:1 and 1,1:1 during the financial years ended 30 June 2010 and 30 June 2011 respectively.

Current ratio
The current ratio of municipalities was 1,1:1 for both the financial years ended 30 June 2010 and 30 June 2011.

Municipal revenue stream
For 2011 financial year, the largest contributor to municipal revenue was