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2021-02-15 General Committee Meeting Agenda
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GENERAL COMMITTEE MEETING AGENDA 15 FEBRUARY 2021
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GENERAL COMMITTEE MEETING AGENDA 15 FEBRUARY 2021
Net financial liabilities ratio — This ts an indicator of the extent to which the net financial liabilities of
Council can be serviced by its operating revenues. A ratio greater than zero (positive) indicates that
total liabilities exceed current assets, whereas a ratio of less than zero (negative) indicates that current
assets exceed total liabilities and therefore Council would appear to have the capacity to increase
loan borrowings.
QTC — Queensland Treasury Corporation.
RELEVANT POLICIES AND LEGISLATION
. Local Government Act 2009
. Local Government Regulation 2012
. Statutory Bodies Financial Arrangements Act 1982
. Statutory Bodies Financial Arrangements Regulation 2007
Version control
Version Reason! Trigger Change (Y/N) Endorsed! Reviewed by Date
1.0 Create new Manager Financial Services 25/12/2013
2.0 Annual Review Manager Financial Services 02/06/2014
3.0 Annual Review Y Manager Financial Services 02/06/2015
4.0 Annual Review N Manager Financial Services 20/05/2016
5.0 Annual Review Director Corporate Services 19/05/2017
6.0 Annual Review Y Council 29/06/2018
7.0 Annual Review Y Council 06/07/2018
8.0 Annual Review N Council 28/06/2019
9.0 Annual Review Y Council 10/07/2020
10.0 Refinancing Review Y Council 17/02/2021
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