2016-02-08 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   8 FEBRUARY 2016




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GENERAL COMMITTEE MEETING AGENDA                                                                                                                                              8 FEBRUARY 2016

      Noosa Shire Council
      2015/16 Budget Statements
      For the period ending 30 June
  | AnnualResutt                                     original | oBR1_ | BR2 | BRS                                                                   recast
                                                         2016        2016      yA 1)       2016      rans        yA}         2019        2020       2021       YL          2023      YA}         2025
      Financial Sustainability Ratios                    $,000      $,000       $,000      $,000      $,000       $,000      $,000      $,000       $,000      $,000      $,000       $,000      $,000
     Operating Surplus Ratio                                1.6%       1.3%        1.3%                  3.6%        4.0%       4.4%       4.8%        4.2%       4.3%       4.3%        4.5%       4.7%
      Net Financial Liabilities Ratio                      15.0%      12.3%       11.9%                 12.1%        8.7%       4.8%       -1.9%      -7.6%     -13.8%     -19.8%      -25.0%     -30.2%
     Asset Sustainability Ratio                            99.9%     129.5%      132.8%                 98.4%      99.5%       99.9%      99.5%      97.2%       96.5%      95.6%       99.4%      99.6%

     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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