FINANCIAL PERFORMANCE REPORT – MAY 2025 (Deferred from General Committee Meeting dated 16 June 2025 Item 8.13) · FINANCIAL PERFORMANCE REPORT

ORDINARY MEETING                                                                        19 JUNE 2025



The following chart monitors the 12 month trend on total cash and the agencies invested. To
maximise the return on in its cash holdings Council has invested $25.5 million in higher yielding term
deposits. These investments were made in line with Council’s Investment of Surplus Funds policy.

Figure 9: 12 Month Trend of Cash Invested by Agency




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 significant emerging risks regarding
performance identified at this stage, however the delay in the delivery of the capital program
may impact Council’s asset sustainability and renewal targets.

 Category                                                         Comments
 Operating Surplus Ratio                                              •   Intent: Identifies the extent
                                                                          to which revenues cover
                                                                          operational expenses, to
                                                                          ensure community equity is
                                                                          not degraded
                                                                      •   Target: Greater than 0%
                                                                      •   Result: 10.5%
                                                                      •   Comment: With the second
                                                                          rates cycle occurring in
                                                                          January, this ratio will slowly
                                                                          decline as expenditure on
                                                                          operations occurs through to
                                                                          the end of the financial year
                                                                          at 30 June 2025.