2022-08-15 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   15 AUGUST 2022




                                    Page 58 of 122

GENERAL COMMITTEE MEETING AGENDA                                                                     15 AUGUST 2022

    Noosa Shire Council
    2022/23 Budget Statements
    For the period ending 30 June
[ inaicator                    |    igor | puager | OR           | Target                                                 Forecast
                                   Current    Original
                                     re,        aye         ee                    ee        ee          rs        ra         ea         es         eS         ey        Ey
   Operating Surplus Ratio          0.6%       0.1%       -0.6%     0-10%        0.3%       0.2%       0.2%      0.2%       0.2%       0.2%       0.2%       0.2%       0.2%          0.1%
   Net Financial Liabilities Ratio -12.7%      -7.1%       1.0%      <60%        5.8%       44%        0.1%       1.6%      2.4%       1.2%       -2.3%      -3.8%      6.4%          0.4%
   Asset Sustainability Ratio      130.1%     151.6%      188.0%     >90%       165.4%    98.6%      88.4%      121.5%     119.4%      86.7%      73.6%     79.5%      65.2%         108.6%

   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
   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 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%.

                                                                                                        Page 58 of 122