2017-08-17 Ordinary Meeting Agenda

ORDINARY MEETING AGENDA   17 AUGUST 2017




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ORDINARY MEETING AGENDA                                                                                                   17 AUGUST 2017

               Noosa Shire Council
              2017/18 Budget Statements
               For the period ending 30 June

                                                 Budget         Revised
                                                                Budget
                                                  2018            teh Ee)                      2019           2020          2021           yA            Ax)            rsp}          2025          Pairs)         2027
              Operating Surplus Ratio             0.3%            0.0%         0-10%           0.2%           0.2%          0.6%           0.6%          0.6%          0.5%           0.3%          0.3%           0.2%
              Net Financial Liabilities Ratio     2.4%            8.3%          <60%           13.5%         11.8%          12.3%          7.0%          3.7%           1.2%          -0.1%         -1.9%          -4.2%
              Asset Sustainability Ratio         106.1%          109.5%         >90%          105.3%         75.6%          78.5%         85.1%         93.5%          90.2%         86.9%          92.4%         88.9%

              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 asa %.
               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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