2014-11-11 Planning & Organisation Committee Agenda

PLANNING & ORGANISATION COMMITTEE MEETING AGENDA   11 NOVEMBER 2014




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PLANNING & ORGANISATION COMMITTEE MEETING AGENDA                                              11 NOVEMBER 2014

              Noosa Shire Council
              2014/15 Budget Statements
              For the period ending 30 June
           | AnnuaiResuit                                       Budget PO                                                 Forecast,
                                                                   2015       2016       PAA         2018       2019        2020       2021        2022       2023        Pay
              Financial Sustainability Ratios                     $,000       $,000      $,000       $,000      $,000       $,000      $,000      $,000       $,000      $,000
              Operating Surplus Ratio                                0.0%        1.7%       2.6%        3.5%       4.4%        5.2%       6.0%        6.7%       7.6%       8.6%
              Net Financial Liabilities Ratio                        2.1%       -0.3%       -3.6%      -9.3%     -14.8%      -21.2%     -28.6%      -35.9%     -43.9%      -52.0%
              Asset Sustainability Ratio                           103.6%      104.3%     105.7%      106.4%     107.8%      108.3%     109.3%     110.9%      111.9%     113.9%

              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 result divided by total operating revenue, expressed as a %.
              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%.