2019-12-16 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                       16 DECEMBER 2019


Figure 7: 12 Month Trend of Cash Invested by Agency
 90,000,000


 80,000,000


 70,000,000


 60,000,000


 50,000,000


 40,000,000


 30,000,000


 20,000,000


 10,000,000


         -
             Dec-18   Jan-19   Feb-19 Mar-19   Apr-19   May-19   Jun-19   Jul-19   Aug-19   Sep-19   Oct-19    Nov-19


              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 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%
                                                                                          Target Date: 30 June
                                                                                          Result: 18.0%
                                                                                          Comment: The slowly declining
                                                                                            ratio reflects the levying 50% of
                                                                                            rates in July and the utilisation
                                                                                            of funds as expenditure occurs
                                                                                            between August and December
                                                                                            2019




                                                                                                                  Page 45 of 51