Financial Performance Report – Jul 2024 · Financial Performance Report

GENERAL COMMITTEE MEETING                                                        12 AUGUST 2024



The following pie charts present the mix of cash held at July 2024 by agency (graph on the left)
and by credit risk rating (graph on the right). All funds have been invested in accordance with
Council's Investment Policy and in consideration of the principles of ethical investment,
preservation of capital, return on investment and counterparty thresholds.

Figure 8: Closing Cash Held by Agency and Credit Rating




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 $40 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 current emerging risks regarding
performance noting the early stage of the financial year.