2022-09-12 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                                12 SEPTEMBER 2022


   Figure 7: 12 Month Trend of Cash Invested by Agency
    140,000,000


    120,000,000


    100,000,000


     80,000,000


     60,000,000


     40,000,000


     20,000,000


               -
                   Sep-21    Oct-21        Nov-21   Dec-21      Jan-22   Feb-22 Mar-22     Apr-22   May-22   Jun-22   Jul-22    Aug-22


                    Bendigo TD              Westpac TD            NAB TD        Suncorp TD          CBA TD       QTC           CBA Operating


   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.

    Category                                                                                                  Comments
    Operating Surplus Ratio                                                                                    Intent: Identifies the
                                                                                                                extent to which
         90%
                                                                                                                revenues cover
                   81.4%
         80%
                                                                                                                operational expenses,
         70%
                                                                                                                to ensure community
                             60.2%
         60%
                                                                                                                equity is not degraded
         50%                                                                                                   Target: 0 – 10%
         40%                                                                                                   Result: 60.2%
         30%
                                                                                                               Comment: The high
         20%
                                                                                                                ratio reflects the levying
         10%
         0%
                                                                                                                of rates in July, which
        -10%
                                                                                                                will degrade as
                    Jul     Aug     Sep     Oct     Nov   Dec     Jan    Feb   Mar   Apr     May    Jun         expenditure occurs on
                                                                                                                operations through the
                                  Actual                     Budget                      Target                 financial year to 30
                                                                                                                June 2023.




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