2016-11-17 Ordinary Meeting Agenda

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Noosa Shire Council
   2016/17 Budget Statements
   For the period ending 30 June
| indicator                 | Target _| Original | BR1_ |          BR2_ |                                                 Forecast
                                                PAW        PAW 4                  2018       2019        2020       2021       2022        2023      VAIL.)      2025       2026
   Operating Surplus Ratio         0-10%        0.4%       0.2%        0.4%       0.2%       0.8%        1.3%       1.5%       1.4%        1.8%       2.0%       2.4%       2.2%
   Net Financial Liabilities Ratio  <60%       12.0%       -3.9%       0.0%      -5.5%       -6.0%      -9.2%     -12.0%     -15.3%      -18.6%     -21.2%     -23.3%      -26.1%
   Asset Sustainability Ratio       >90%       95.7%     111.0%     110.1%       98.6%      97.8%      97.9%       96.6%      95.9%      97.1%      100.1%     103.9%     100.0%

   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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