2021-04-12 General Committee Meeting Agenda

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Noosa Shire Council
2020/21 Budget Statements
For the period ending 30 June

                                                Budget                                              Target
                                   Pity!)         2021        PAPA         PLP 4        PAPA                    PAUP         PAUP          yp}          2025         2026         Vip 4        2028         Pid:          PAIK)
Operating Surplus Ratio             0.0%         -1.9%        -2.3%        -3.0%        -0.9%      0-40%         -0.5%        0.1%         0.3%         0.4%         0.3%         0.2%         0.1%         0.1%         0.2%
Net Financial Liabilities Ratio    -9.4%         -11.1%       -6.3%        -8.5%        -14.5%      <60%        -11.2%       -10.1%        -9.2%       -12.9%       -16.6%       -18.2%       -20.6%       -22.6%       -24.2%
Asset Sustainability Ratio        108.4%         87.5%        101.5%       100.1%       96.1%       >90%        134.8%       122.3%       124.4%        92.7%        90.2%        95.7%       94.7%         97.5%        98.3%

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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