2021-01-18 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                                              18 JANUARY 2021


Figure 7: 12 Month Trend of Cash Invested by Agency
 90,000,000


 80,000,000


 70,000,000


 60,000,000


 50,000,000


 40,000,000


 30,000,000


 20,000,000


 10,000,000


           -
               Jan-20        Feb-20       Mar-20       Apr-20       May-20   Jun-20   Jul-20    Aug-20   Sep-20   Oct-20   Nov-20    Dec-20


                  Bendigo TD                 Westpac TD               NAB TD          Suncorp TD         CBA TD       QTC           CBA Operating



Measures of Financial Sustainability
The following table incorporates a set of financial sustainability indicators to further assist in
managing Council financial performance. There are no current emerging risks regarding financial
performance year to date.

 Category                                                                                                  Comments
 Operating Surplus Ratio                                                                                        Intent: Identifies the extent to
    90%                                                                                                           which revenues cover
    80%
               77.33%                                                                                             operational expenses, to ensure
    70%
                                                                                                                  community equity is not
    60%
                        59.08%                                                                                    degraded
    50%                          43.22%
                                                                                                                Target: 0 – 10%
    40%                                   30.92%
                                                                                                                Result: 4.6%
    30%                                                                                                         Comment: The ratio will increase
                                                   15.66%
    20%
                                                            4.58%
                                                                                                                  again in January reporting with
    10%                                                                                                           the bi-annual issue of rates and
     0%                                                                                                           levies, which will degrade as
    -10%                                                                                                          expenditure occurs on operations
                Jul      Aug     Sep       Oct      Nov     Dec     Jan   Feb   Mar   Apr   May    Jun            through to June 2021
                        Actual                     Budget                 Minimum              Target




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