TOURISM NOOSA FUNDING AND PERFORMANCE DEED 2026–2029 · ATTACHMENT 1_Tourism Noosa Funding and Performance Deed 2026-2029

SCHEDULE 2: Performance Adjustment Calculation

(For the purposes of simplifying this formula “KPIs and Target Metrics” are referred to as “KPIs”)

1. KPI tiers and points

      Tier                               KPIs                       Points each
      Highest                            1, 2, 3                    3 points
      Middle                             4, 5, 6                    2 points
      Lowest                             7, 8                       1 point



2. Deduction scale based on failed points

Scale
 Failed points                         Deduction %                Max deduction
 1                                     10%                        $35,000
 2-3                                   25%                        $87,500
 4-5                                   50%                        $175,000
 6-7                                   75%                        $262,500
 8+                                    100%                       $350,000



3. Example Scenario

KPIs not achieved: KPI 6, KPI 5, KPI 7

Step 1: Count failed points

           KPI                             Tier                      Points
           KPI 6                           Middle                    2
           KPI 5                           Lowest                    1
           KPI 7                           Lowest                    1
           Total failed points                                       4




 Tourism Noosa Funding Deed, 2026-29                                                       Page 26