06 Financial Performance Report - Dec 2021

GENERAL COMMITTEE MEETING AGENDA                                                                                            17 JANUARY 2022


Figure 7: 12 Month Trend of Cash Invested by Agency
 120,000,000



 100,000,000



  80,000,000



  60,000,000



  40,000,000



  20,000,000



           -
               Jan-21     Feb-21       Mar-21     Apr-21       May-21    Jun-21     Jul-21    Aug-21     Sep-21   Oct-21   Nov-21    Dec-21

                Bendigo TD               Westpac TD               NAB TD            Suncorp TD           CBA TD       QTC           CBA Operating



Measures of Financial Sustainability
The following table incorporates a set of financial sustainability indicators to further assist in
managing Council financial performance. There are no current emerging risks regarding
performance noting the early stage of the financial year.

 Category                                                                                                     Comments
 Operating Surplus Ratio                                                                                      • Intent: Identifies the extent to
     90%   82.6%
                                                                                                                which revenues cover
     80%                                                                                                        operational expenses, to
     70%
                                                                                                                ensure community equity is not
                         60.9%
     60%
                                                                                                                degraded
     50%
                                44.5%                                                                         • Target: 0 – 10%
     40%                                30.5%                                                                 • Result: 8.3%
     30%
                                                18.3%                                                         • Comment: The slowly
     20%                                                                                                        declining ratio reflects the
                                                        8.3%
     10%                                                                                                        levying of 50% of rates in July
      0%                                                                                                        and gradual utilisation of these
    -10%                                                                                                        monies as expenditure occurs
               Jul      Aug     Sep     Oct     Nov     Dec     Jan     Feb   Mar     Apr    May   Jun
                                                                                                                on operations through the next
                                                                                                                rate run in January 2022 and
                              Actual                       Budget                      Target
                                                                                                                then through to the end of the
                                                                                                                financial year at 30 June 2022