2017-06-15 Special Meeting Agenda

Noosa Shire Council
2017/18 Budget Statements
For the period ending 30 June
Indicator                                   Budget            Target                                                              Forecast
                                              2018                           2019         2020            2021            2022     2023      2024    2025    2026             2027

Operating Surplus Ratio                       0.3%            0-10%         0.6%          0.6%            1.0%            1.0%     1.0%      0.8%    0.7%    0.7%             0.5%
Net Financial Liabilities Ratio               2.4%                <60%      7.0%          5.3%            5.8%            0.4%     -3.0%     -5.5%   -6.9%   -8.8%        -11.2%
Asset Sustainability Ratio                  103.1%                >90%      103.1%       76.0%           78.9%           85.5%     94.0%     90.7%   87.4%   92.9%            89.4%



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 operating result divided by total operating revenue, expressed as a % (excluding capital revenue or expenses).
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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