2015-06-23 Planning & Organisation Committee Meeting Agenda

PLANNING & ORGANISATION COMMITTEE MEETING AGENDA   23 JUNE 2015




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PLANNING & ORGANISATION COMMITTEE MEETING AGENDA                                                               23 JUNE 2015

              Noosa Shire Council
              2014/15 Budget Statements
              For the period ending 30 June
           | AnnualResuit                                      Budget |                                                   recast
                                                                 2015        2016       yA  Wd     yA0KT:}     2019       2020       2021        WP         2023       PAIL
              Financial Sustainability Ratios                    PAO)        $,000      $,000      $,000      $,000       $,000      $,000      $,000       $,000      $,000
              Operating Surplus Ratio                               0.1%        0.7%       1.1%       1.7%       2.5%        2.6%       3.1%       3.1%        3.7%       4.3%
              Net Financial Liabilities Ratio                      18.8%       17.2%      15.1%      10.8%       6.9%        2.2%      -3.4%       -8.9%     -15.0%     -21.1%
              Asset Sustainability Ratio                           96.1%      96.4%      103.1%      99.1%     104.7%       97.0%      95.5%      94.9%      93.4%       95.6%

              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 result divided by total operating revenue, expressed as a %.
              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 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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