2015-03-03 Planning & Organisation Agenda

PLANNING & ORGANISATION COMMITTEE MEETING AGENDA   3 MARCH 2015




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PLANNING & ORGANISATION COMMITTEE MEETING AGENDA                                                               3 MARCH 2015

              Noosa Shire Council
              2014/15 Budget Statements
              For the period ending 30 June

                                                                  2015       2016       2017        2018       2019       2020        2021       2022       2023        yA)
              alae mSLOry ec llareley| vm Liles)                 $,000       $,000      $,000      $,000       $,000      $,000       $,000      $,000      $,000       $,000
              Operating Surplus Ratio                                0.0%       0.1%       0.5%        1.1%       1.9%       2.0%        2.5%       24%        3.0%        3.6%
              Net Financial Liabilities Ratio                       19.3%      18.2%      16.8%       13.1%       9.7%       5.6%        0.5%      44%       -10.1%      -15.6%
              Asset Sustainability Ratio                           97.6%       96.4%     103.1%      99.1%      104.7%      96.9%      95.5%       94.9%      93.4%      95.6%

              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 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%.

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