2022-01-17 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   17 JANUARY 2022




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GENERAL COMMITTEE MEETING AGENDA                                                                        17 JANUARY 2022

      Noosa Shire Council
      2021/22 Budget Statements
      For the period ending 30 June
                                                                                                                                              Forecast
                                     2021         Paired      Fairer      Faire                 2023       2024        2025        2026        Fair ad     Patra)      rai r      2030         2031
     Operating Surplus Ratio          7.5%        0.3%        0.6%        0.6%      0-10%       0.1%        0.2%       0.2%         0.2%        0.2%       0.2%        0.2%        0.2%        0.2%
     Net Financial Liabilities Ratio -19.9%       8.1%        4.9%       -12.7%     <60%        -2.9%       4.1%        5.5%       7.3%        -2.7%        1.0%       04%         44%        84%
     Asset Sustainability Ratio     83.4%         107.8%     121.9%      130.1%     >90%       198.3%      96.2%       103.0%      91.8%       133.2%      132.3%     98.7%       88.5%       83.6%
     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
     Calculation: (total liabilities less current assets) divided by
     total operating revenue, expressed as a %.
      Target: not greater than 60%.

      A    5    inability Rati
     This ratio reflects the extent to which the 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 %.
    This includes infrastructure as well as plant and equipment.
      Intangibles are excluded.
     Target: greater than 90%.

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