2019-10-14 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                               14 OCTOBER 2019


The following chart monitors the year-to-date trend on total cash and the agencies invested.

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 material emerging risks regarding
performance for the first quarter of the financial year.

Category                                                       Comments
Operating Surplus Ratio                                           Intent: Identifies the extent to
                                                                    which        revenues        cover
                                                                    operational expenses, to ensure
                                                                    community       equity    is   not
                                                                    degraded
                                                                  Target: 0 – 10%
                                                                  Result: 43.1%
                                                                  Comment: The high ratio
                                                                    reflects the levying 50% of rates
                                                                    in July and the gradual
                                                                    degradation      as    expenditure
                                                                    occurs between August and
                                                                    December 2019




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