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2015-08-24 General Committee Agenda
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GENERAL COMMITTEE MEETING AGENDA 24 AUGUST 2015
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GENERAL COMMITTEE MEETING AGENDA 24 AUGUST 2015
Noosa Shire Council
2015/16 Budget Statements
For the period ending 30 June
Pata rath Ls 2017 2018 2019 PAUP) Liye! LIP LIP ru | 2025
Financial Sustainability Ratios AAI A RAUL BAIL A BAU BAU BAU Ae BID AM
Operating Surplus Ratio 1.6% 1.5% 1.9% 2.3% 2.6% 1.9% 2.0% 1.9% 2.0% 2.2%
Net Financial Liabilities Ratio 15.0% 11.4% 10.2% 8.6% 42% 0.7% -3.2% -7.0% -9.9% -12.8%
Asset Sustainability Ratio 99.9% 99.0% 100.1% 100.6% 100.1% 97.8% 97.1% 96.2% 100.0% 100.2%
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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