Noosa Council Annual Report 24/25

Noosa Council
Current Year Financial Sustainability Statement (continued)
§Note/Subtotal§
§Total§




                                                                                 Target           Actual         5 Yr Av.
                                                                                  Tier 3           2025          2020-25

Debt Servicing Capacity

6. Leverage Ratio
Book value of debt
                                                                                  0 to 3            0.8             0.9
Total operating revenue less total operating expenditure add depreciation
                                                                                  times           times           times
and amortisation

Council has capacity to support additional borrowings due to its manageable debt levels compared to its operational
performance. Borrowings are predominantly directed toward long-term infrastructure or revenue-generating projects, where
alternate funding sources have been exhausted as well as giving consideration to inter-generational equity and Council’s
ongoing financial sustainability.



Note 1 - basis of preparation

The current year financial sustainability statement is prepared in accordance with the requirements of the Local Government
Regulation 2012 and the Financial Management (Sustainability) Guideline 2024. The amounts used to calculate the 6 reported
measures are prepared on an accrual basis and are drawn from the council's audited general purpose financial statements
for the year ended 30 June 2025.




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