Financial Performance Report – Jun 2025 · Financial Performance Report

GENERAL COMMITTEE MEETING                                                          14 JULY 2025


      • Working Capital – The cycle of revenue received twice yearly through rates that is held
         in the bank and spent over the following six months on operations and capital.
      • Long Term Surplus – Uncommitted cash set aside to fund the 10-year capital works
         program.

Overall, Council’s $108.0 million total cash balance compromises:
   • $49.2 million (45.5%) in restricted cash. This includes unspent levy funds, advance grant
       & subsidy payments, developer contributions, natural disaster provision and future landfill
       rehabilitation provision
   • $15.2 million (14.1%) committed for the delivery of capital works projects
   • $29.0 million (26.9%) to meet sustainability requirements, equivalent to 3 months cash
       cover.
   • $7.7 million (7.1%) in working capital to pay for operations through to the next rating cycle
   • $6.9 million (6.3%) in unrestricted free cash, which is the cash available to fund emergent
       or new capital works projects. There is no funding to replenish this unless Council
       generates a surplus operating position

Figure 12: Allocation of Cash Balances




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 significant emerging risks regarding
performance identified at this stage, however the delay in the delivery of the capital program
may impact Council’s asset sustainability and renewal targets.