Find below a framework that measures the financial performance of local authorities. We measure financial performance using four broad measures (liquidity, operating performance, collection efficiency and solvency) and 13 indicators many of which are financial ratios. The data are from the 2018 audited Annual Financial Statements of Ireland’s 31 local authorities. For more detail on the framework see our publications on measuring local government financial performance.

Measure Indicator Formula Carlow Cavan Clare Cork City Cork Donegal Dublin City DLR Fingal Galway City Galway Kerry Kildare Kilkenny Laois Leitrim Limerick Longford Louth Mayo Meath Monaghan Offaly Roscommon Sligo South Dublin Tipperary Waterford Westmeath Wexford Wicklow All 31
A. Liquidity A1 Current Ratio Current Assets
Current Liabilities		 3.3 3.6 1.6 1.8 2.2 1.9 1.9 3.9 3.3 3.7 1.4 3.4 5.4 1.3 1.3 5.2 3.0 1.3 2.6 1.0 3.0 2.3 1.6 3.6 0.7 5.8 3.8 0.8 1.6 1.3 4.4 2.5
A2 Average Collection Period (days)
Rates Arrears
Rates Revenue
x365
 57 108 89 88 32 167 31 66 19 95 72 61 78 25 106 164 79 63 109 48 29 89 48 59 100 69 92 94 78 72 89 60
B. Operating Performance B1 Overall Surplus/(Deficit), € Income – Expenditure 38,552 100 693,732 43,025 45,048 566,521 -1,598,561 15,816 1,955 466,384 570,235 78,814 231,175 7,143 59,761 3,466 11,141 1,216 149,926 416,968 335,075 76,872 561,413 6,465 1,930,699 39,306 5,292 435,200 18,205 1,003,563 329,196 6,543,703
B2 Overall Surplus/(Deficit) Ratio Income – Expenditure
Total Income		 0.07% 0.00% 0.56% 0.03% 0.01% 0.35% -0.17% 0.01% 0.00% 0.56% 0.46% 0.06% 0.15% 0.01% 0.08% 0.01% 0.00% 0.00% 0.15% 0.29% 0.27% 0.12% 0.81% 0.01% 2.99% 0.02% 0.00% 0.33% 0.02% 0.83% 0.32% 0.13%
B3 Revenue Balance, € (Cumulative) End Year Revenue Balance 687,939 1,743,171 1,937,004 892,845 7,388,624 -8,386,583 21,641,583 9,787,717 15,978,433 2,120,944 -11,921 6,521,851 -505,228 17,805 -68,333 -260,640 823,400 233,046 545,520 -4,533,867 -952,361 -2,300,467 -2,505,853 189,834 -19,500,224 12,185,837 5,555,516 -6,682,140 384,574 -3,770,163 -2,357,748 36,800,115
B4 Revenue Balance Ratio (Cumulative) End Year Revenue Balance
Total Income		 1.3% 2.5% 1.6% 0.5% 2.2% -5.2% 2.4% 5.5% 6.9% 2.5% 0.0% 4.6% -0.3% 0.0% -0.1% -0.7% 0.2% 0.5% 0.5% -3.2% -0.8% -3.7% -3.6% 0.3% -30.2% 5.2% 3.6% -5.1% 0.5% -3.1% -2.3% 0.7%
C. Collection Efficiency C1 Commercial Rates Collection Efficiency Rates, % Commercial Rates Collected
Total Commercial Rates for Collection		 86 83 87 82 92 76 92 88 95.8 81 86 85 82 93 76 83 85 89 80 87 93 89 89 86 81 86 82 80 83 88 85 86
C2 Housing Rents Collection Efficiency Rates, % Housing Rents Collected
Total Housing Rents for Collection		 93 84 85 88 94 89 76 79 86 79 91 93 89 93 96 89 95 93 76 87 89 96 87 92 78 75 93 78 97 92 90 88
C3 Housing Loans Collection Efficiency Rates, % Housing Loans Collected
Total Housing Loans for Collection		 95 77 69 69 55 68 69 63 101.7 84 76 85 51 88 72 63 75 55 76 75 73 78 56 55 62 75 85 66 97 98 76 74
D. Solvency D1 Net Financial Liabilities, € Total Liabilities – Financial Assets 32,090,772 11,614,946 -39,292,948 -37,842,840 -95,224,148 -20,343,833 69,396,751 91,437,871 80,398,194 -6,493,016 14,539,261 31,849,400 109,504,045 -1,742,704 -18,280,429 13,431,496 54,379,659 1,422,010 -52,903,739 -77,326,357 26,959,837 1,369,698 -21,082,238 -5,316,736 -70,026,304 169,806,926 49,961,834 -64,134,657 -36,975,165 -62,937,348 -3,024,721 145,215,517
D2 Net Financial Liabilities Ratio Total Liabilities – Financial Assets
Total Income		 0.62 0.17 -0.32 -0.22 -0.28 -0.13 0.08 0.52 0.35 -0.08 0.12 0.22 0.69 -0.02 -0.26 0.35 0.11 0.03 -0.53 -0.54 0.22 0.02 -0.30 -0.09 -1.08 0.72 0.32 -0.49 -0.47 -0.52 -0.03 0.03
D3 Debt to Assets Ratio Total Liabilities
Total Assets		 0.05 0.02 0.04 0.05 0.06 0.04 0.07 0.06 0.14 0.07 0.02 0.03 0.05 0.03 0.06 0.02 0.04 0.04 0.09 0.05 0.05 0.02 0.05 0.02 0.06 0.07 0.03 0.07 0.04 0.06 0.04 0.05
D4 Debt to Income Ratio Total Liabilities
Total Income		 1.14 0.46 0.94 0.99 1.51 0.99 0.83 1.26 2.05 1.03 0.78 0.73 1.03 0.96 1.73 0.51 0.25 1.04 2.13 1.37 1.22 0.57 1.03 0.62 1.80 1.20 0.79 1.24 1.11 1.44 1.07 1.03