FURTHER REPORT - TOURISM NOOSA FUNDING AND PERFORMANCE DEED 2026–2029 · Attachment 1 - 29-05-2026_TN Funding Deed_FINAL

                                                                        ATTACHMENT 1



SCHEDULE 3: Performance Adjustment Calculation
1. Purpose

This Schedule sets out the methodology by which Council will assess Tourism Noosa’s performance
against the KPIs in Schedule 2 and determine any Performance Adjustment applicable to the
Second Instalment of Funding.

1.1 KPI Assessment Methodology

Each KPI in the Performance Scorecard will be assessed individually and assigned a score based on
the extent to which the relevant target has been achieved.
Each KPI will be scored as follows:
   • 5 points – Fully delivered
       The KPI has been achieved in full, meeting the agreed target and intent.
   • 3 points – Substantially delivered
       The KPI has not fully been achieved but demonstrable progress has been made.
   • 0 points – Not delivered
       The KPI has not been achieved, or insufficient progress has been demonstrated.
1.2 Council Assessment Approach

In applying this scoring methodology, Council will:
    • act reasonably and in good faith;
    • have regard to the evidence provided in the Annual Outcome Report; and
    • consider the overall intent of each KPI, including any relevant contextual or external factors.
1.3 Total Score and Performance Bands

The total score will be calculated as the sum of all KPI scores (maximum 100 points). The
Performance Adjustment will be applied as follows:

      Total Score             Adjustment %        Funding Payable

      90–100 points           0%                  $350,000

      80–89 points            15%                 $297,500

      65–79 points            30%                 $245,000

      50–64 points            50%                 $175,000

      ≤49 points              100%                $0




 Tourism Noosa Funding Deed                                                                Page 1