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2021-02-09 Services & Organisation Committee Meeting Agenda
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SERVICES & ORGANISATION COMMITTEE MEETING AGENDA 9 FEBRUARY 2021
Page 98 of 100
SERVICES & ORGANISATION COMMITTEE MEETING AGENDA 9 FEBRUARY 2021
OUR FINANCES
Measure Measure
Investment return 0.25% above benchmark (UBS Bank Bill index) Rate arrears ratio <5%
Purpose Purpose
Performance of invested ratepayer funds Measures the efficiency of Council's collection of rates and charges
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July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June
Comment Comment
Measure
Working capital ratio > 2 (times)
Purpose
Measures Council's ongoing solvency
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July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June
Comment
2018/19 data is shown by dotted purple line. 2019/20 data is shown by black line
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