Asset Sustainability Ratio
Target range = > 90%
Employee costs 40%
Materials & services 29%
current
penses
Finance costs 3%
Depreciation & amortisation 28%
being
160 undertaken and the current year result of 82.68% being below the
target range. Council believes that its assets are being renewed at an
140
appropriate
time.
120
Integration
of Council’s current focus on asset management planning
and continued long-term financial planning will improve Council’s ability
100
to make
informed decisions regarding asset management into the future.
82.68%
76.63%
80
Net Financial Liabilities
Ratio
55.99%
Road & bridge network 36%
Site improvements 13%
Employee costs 40%
Water 6%
Materials & services 29%
Wastewater 15%
Finance costs 3%
Other assets (Heritage & Intangibles) 1%
Depreciation & amortisation 28%
Land 2%
apital
urrent
enditure
enses
y
asset
class
Buildings 16%
Plant & equipment 11%
Road & bridge network 36%
Site improvements 13%
Water 6%
pital
nditure
asset
quity
ass
wealth)
Wastewater 15%
Investment in capital assets 59%
Other assets (Heritage & Intangibles) 1%
Asset revaluation surplus 41%
Land 2%
Buildings 16%
Plant & equipment 11%
52.38% 49.58% 50.45%
60
44.67% 46.18%
Indicates the extent to which operating revenue
raised
can
43.23%by43.Council
19%
Asset
Sustainability
Ratiotarget ratio over the longcover
what
it
owes
(i.e.
net
liabilities).
The
40
Target range = > 90%
term is less than 60%. A ratio
above the target level over a long-term
is
16.62%
160
20
indicative
of a Council that is undertaking or has undertaken significant
infrastructure investment. Ratios over the target levels for a long period
140
0 be maintained with Council’s sound financial management systems
can
2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26
and
120 the ability to service current and projected debt levels.
Net Financial Liabilities
100
82.68%
80120
76.63%
55.99%
60
100
40
80
20
060
80.77%
2015/16 2016/17
88.14%
82.85%
44.67% 46.18% 43.23% 43.19%
80.71%
76.86% 74.12% 78.18%
16.62%
70.40% 70.40%
2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26
40
Net Financial Liabilities
Target range = < 60%
20
120
0
52.38% 49.58% 50.45%
71.17%
52.89%
100
Net financial liabilities ratio
Target range = < 60%
2015/16 2016/17
Net financial liabilities ratio
2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26
80.77%
88.14%
82.85%
78.18% 80.71%
76.86%
Council’s borrowings forOperating
the yearSurplus
of $30.3M
Ratio
74.
12% were higher than in previous
80
71.17%
70.40% 70.40%
years to fund new
projects
such
as
the
Toowoomba
City
Library and
Operating surplus
ratio
Target range = 0% to 10%
Waste
Management
Facility
projects.
10
60
9
52.89%
2. Operating
Surplus Ratio
Investment in capital assets 59%
uity
wealth)
Asset revaluation surplus 41%
40 8
Indicates
the extent to which revenue raised by Council (excluding
7
capital
grants and contributions) covers its operational expenses. The
20 6 range for this ratio is between 0% and 10%. Should the target ratio
target
not be maintained over the medium to long-term, Council may be unable
5
to0 withstand unexpected financial events without needing to significantly
2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26
42015/16 rates,
increase
borrow money or reduce capital expenditure
programs.
3.13%
3.05%
2.81%
2.77%
2.49%
2.05%Ratio
Operating Surplus
Operating surplus ratio
Target range
= 0% 1.32%
to 10%
1.29%
3
2
10 1
90
8
0.78%
0.14%
2015/16 2016/17
0.52%
2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26
7
6
5
4
3
2
1
0
2.05%
2.49%
2.81% 3.05%
2.77%
3.13%
1.29% 1.32%
0.78%
0.14%
2015/16 2016/17
0.52%
2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26
Council’s result this year was 0.78%, slightly higher than the
original budget of 0.25%, as operating income was higher than
operating expenses.
24