Annual Report 2018-19

                                                                                                                                                                                           Financial Statements 2019



          Noosa Shire Council

          Long-Term Financial Sustainability Statement (continued)
           prepared as at 30 June 2019

                                                                                        Target      Actual                                                         Forecast
                                                                                           -           -          0          0           0          0          0              0   0   0      0            0


          Noosa Shire Council Financial Management Strategy

          Council measures revenue and expenditure trends over time as a guide to future requirements and to make decisions about the efficient allocation of resources to ensure the
          most effective provision of services. Council ensures that its financial management strategy is prudent and that its long-term financial forecast shows a sound financial position
          whilst also being able to meet the community’s current and future needs.

          Notes
          (1)
                Includes only Recurrent Revenue and Recurrent Expenditure disclosed in the Income Statement. Excludes Capital Revenue Grants, Contributions, Donations and Subsidies received
                for capital acquisitions, Capital Income items such as Profit from the Sale of: Property, Plant and Equipment, Financial Assets, Real Estate and Investment Properties (refer to Note 5
                of the Financial Management (Sustainability) Guideline 2013 for exclusions), and any Capital Expenditure such as Write Off of Assets, movements in Provisions for Restoration and
                Rehabilitation and Revaluation Decrements that hit the Statement of Comprehensive Income.

          (2)
                Includes only Recurrent Revenue disclosed in the Income Statement. Excludes Capital Revenue Grants, Contributions Donations and Subsidies received for capital acquisitions.
                Also excludes any Capital Income items such as Profit from the Sale of: Property, Plant and Equipment, Financial Assets, Real Estate and Investment Properties (refer to Note 5 of the
                Financial Management (Sustainability) Guideline 2013 for exclusions).


                These ratios are the relevant measures of financial sustainability required to be reported under section 178(1) of the Local Government Regulation 2012.

                Definitions are sourced from the Financial Management (Sustainability) Guideline issued by the Department of Infrastructure, Local Government and Planning.
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