2020-08-17 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                             17 AUGUST 2020


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


         -
             Aug-19   Sep-19   Oct-19   Nov-19   Dec-19   Jan-20    Feb-20   Mar-20   Apr-20   May-20   Jun-20     Jul-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 emerging risks regarding
performance noting the financial year has only just commenced.

 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%
                                                                                      Result: 77%
                                                                                      Comment: The high ratio reflects the
                                                                                       levying of rates in July, which will
                                                                                       degrade as expenditure occurs on
                                                                                       operations through to the next rate run
                                                                                       in January 2021




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