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2022-11-14 General Committee Meeting Agenda
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GENERAL COMMITTEE MEETING AGENDA 14 NOVEMBER 2022
Page 60 of 62
GENERAL COMMITTEE MEETING AGENDA 14 NOVEMBER 2022
OUR FINANCES
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
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Comment
The working capital ratio is tracking above 2 which indicates Council has strong
| quidity so that we are able to meet financial obligations as they fall due.
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