2020-02-17 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                        17 FEBRUARY 2020


The following chart monitors the 12-month trend on total cash and the agencies invested. Bi-
annual rates were levied again in January. While the bulk of cash from the rates levy is forecast
to be received in February, early payments during January provided for in increase in cash
overall of $7 million. This will reinvested in February in line with Council’s Investment Policy.

Figure 7: 12 Month Trend of Cash Invested by Agency
 90,000,000


 80,000,000


 70,000,000


 60,000,000


 50,000,000


 40,000,000


 30,000,000


 20,000,000


 10,000,000


         -
             Feb-19 Mar-19   Apr-19   May-19   Jun-19   Jul-19   Aug-19   Sep-19   Oct-19   Nov-19   Dec-19    Jan-20


              Bendigo TD       Westpac TD        NAB TD          Suncorp TD        CBA TD       QTC           CBA Operating




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 material emerging risks regarding
performance for the first half of the financial year.

Category                                                                               Comments
Operating Surplus Ratio                                                                   Intent: Identifies the extent to
                                                                                            which       revenues        cover
                                                                                            operational expenses, to ensure
                                                                                            community      equity    is   not
                                                                                            degraded
                                                                                          Target: 0 – 10%
                                                                                          Target Date: 30 June
                                                                                          Result: 38.7%
                                                                                          Comment: The ratio is at the
                                                                                            second peak for the year with
                                                                                            the levying of January rates.




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