2016-05-16 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   16 MAY 2016




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GENERAL COMMITTEE MEETING AGENDA                                                                                           16 MAY 2016

       Noosa Shire Council
       2015/16 Budget Statements
       For the period ending 30 June
    | AnnualResuit                                   Tt riginal | Bri | opr2 | opera | pra |                                                                   recast
                                                          PAT)       2016        2016       2016       2016       yA         2018        2019       2020       2021      yA          yi)         yy!        2025
       a larcLedtl MSOC Earley Nate te)                   $,000      $,000      $,000      $,000       $,000      $,000      $,000      $,000      $,000       $,000      $,000      $,000      $,000       $,000
       Operating Surplus Ratio                               1.6%       1.3%       1.3%        1.0%                  3.6%       4.0%       44%        4.8%        4.2%       4.3%       4.3%       4.5%        47%
       Net Financial Liabilities Ratio                      15.0%      12.3%      11.9%      15.4%                  12.1%       8.7%       4.8%       -1.9%      -7.6%     -13.8%     -19.8%      -25.0%     -30.2%
       Asset Sustainability Ratio                           99.9%     129.5%     132.8%     131.9%                  98.4%      99.5%      99.9%      99.5%       97.2%      96.5%      95.6%      99.4%      99.6%

       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 infrastructure 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 %.
       Target: greater than 90%.

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