2014-11-17 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   17 NOVEMBER 2014




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GENERAL COMMITTEE MEETING AGENDA                                                                      17 NOVEMBER 2014

              Noosa Shire Council
              2014/15 Budget Statements
              For the period ending 30 June
          PAnnualResult                                      | Budget Precast
                                                                  2015        2016       2017       yA Ts}      2019       2020        2021      YAY          2023       2024
              Financial Sustainability Ratios                     $,000      $,000       $,000      $,000       $,000     PAE)         $,000      $,000      $,000       $,000
              Operating Surplus Ratio                                0.0%        1.7%       2.6%       3.5%        44%        5.2%        6.0%       6.7%       7.6%        8.6%
              Net Financial Liabilities Ratio                        2.1%       -0.3%      -3.6%       -9.3%     -14.8%     -21.2%      -28.6%     -35.9%      -43.9%     -52.0%
              Asset Sustainability Ratio                           103.6%     104.3%      105.7%     106.4%      107.8%     108.3%     109.3%      110.9%     111.9%      113.9%

              Operating Surplus Ratio
              Measures the extent to which revenues raised cover operational expenses
              only or are available for capital funding purposes or other purposes.
              Calculation: Net result divided by total operating revenue, expressed as a %.
              Target: between 0% and 10%

              Net Financial Liabilities Ratio
              Measures the extent to which the net financial liabilities of Council can
              be repaid from operating revenues.
              Calculation: (total liabilities less current assets) divided by
              total operating revenue, expressed as a %.
              Target: not greater than 60%.

              Asset Sustainability Ratio
              This ratio reflects the extent to which the infrastructure assets managed by Council
              are being replaced as they reach the end of their useful lives.
              Calculation: capital expenditure on the replacement of infrastructure assets
              (renewals) divided by depreciation expense, expressed as a %.
              Target: greater than 90%.

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