2018-08-13 General Committee Agenda

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Noosa Shire Council
2018/19 Budget Statements
For the period ending 30 June
Indicator                     | oramat |          art     |    target _|                                                          Forecast
                                  Budget                        Target
                                    2019          2019                        2020          2021        yA 72         2023          yI7Z.}       2025         2026         YAH)          2028
Operating Surplus Ratio             0.2%          0.0%          0-10%         0.1%          0.3%         0.9%         1.0%          1.1%         1.0%         1.0%         2.0%          1.9%
Net Financial Liabilities Ratio    -0.4%          1.9%          <60%          2.0%         -1.0%         -2.0%        -1.9%        -2.8%        -5.3%         -5.5%        -7.1%        -12.5%
Asset Sustainability Ratio         114.6%        120.7%         >90%         109.4%        85.9%        88.7%         91.8%        99.6%        95.1%         99.4%        99.2%        92.9%

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 operating result divided by total operating revenue, expressed as a % (excluding capital revenue or expenses).
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 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 %.
This includes infrastructure as well as plant and equipment.
Intangibles are excluded.
Target: greater than 90%.

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