Financial Performance Report – October 2023 · Financial Performance Report

GENERAL COMMITTEE MEETING                                                   13 NOVEMBER 2023



Figure 6: Closing Cash Held by Agency and Credit Rating




The following chart monitors the 12 month trend on total cash and the agencies invested. To
maximise the return on in its cash holdings Council has invested $40 million in higher yielding
term deposits. These investments were made in line with Council’s Investment of Surplus Funds
policy.

Figure 7: 12 Month Trend of Cash Invested by Agency




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.