2014-08-19 Planning & Organisation Committee Agenda - Pages 102-155

PLANNING & ORGANISATION COMMITTEE MEETING AGENDA   19 AUGUST 2014




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PLANNING & ORGANISATION COMMITTEE MEETING AGENDA                                                                                                                                19 AUGUST 2014

              Noosa Shire Council
              2014/15 Budget Statements
              For the period ending 30 June
           | AnnualResuit                                   | Budget PO                                                 Frecast
                                                                 2015       2016       yA         rAU Es}     2019       2020        2021       2022       2023       2024
              Financial Sustainability Ratios                    $,000      $,000      $,000       $,000      $,000      $,000      $,000       $,000      $,000      $,000
              Operating Surplus Ratio                               0.0%       1.7%       2.7%        3.5%       44%        5.2%       6.0%        6.8%       7.7%       8.7%
              Net Financial Liabilities Ratio                       1.4%       -1.0%      -4.3%     -10.0%     -15.5%     -22.0%      -29.4%     -36.8%     -44.8%     -52.9%
              Asset Sustainability Ratio                          100.0%      96.8%     102.8%       98.9%     104.0%      99.1%      99.0%      101.8%     102.5%     105.2%

              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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