Overview - Parramatta City Council - NSW Government

Working towards a triple bottom line
For the first time, we are reporting our organisational health under a ‘triple bottom line’ framework. Together with our Corporate Wellbeing
Measures, they reflect how healthy Parramatta City Council is and the impact it is having on the rest of Parramatta. Council’s organisational
‘health check’ report card encapsulates the year’s performance across our Corporate, Economic, Environmental and Social ‘bottom lines’.
What do we mean by Corporate wellbeing?
These Measures indicate the corporate performance of our internal
operations and how effective we are in managing the organisation.
PERCENTAGE OF THE
PREVIOUS FINANCIAL
YEAR’S PROJECTS BUDGET
REVOTED TO THE NEXT
FINANCIAL YEAR.
Positive downward trend
reflects increasing
organisational capacity to
complete projects and a
reduction in revoted funds
that could otherwise have
been used elsewhere in the
organisation.
25
20
15
10
5
(%)
23.14%
19.75%
13.82%
18.43%
12.96%
01/02 02/03 03/04 04/05 05/06
What do we mean by Economic wellbeing?
These Measures indicate the economic performance of the
organisation and how we manage our finances.
RATIO OF CURRENT
ASSETS TO CURRENT
LIABILITIES, INDICATING
OUR ABILITY TO MEET
FINANCIAL OBLIGATIONS.
For every $1 of current
liabilities for 2005/06, we
had $2.92 to meet
obligations such as
payment for goods and
services.
6
5
4
3
2
1
(ratio)
3.31:1
5.51:1
actual
4.43:1
2.94:1
required
2.92:1
01/02 02/03 03/04 04/05 05/06
STATUTORY OPERATING
RESULT AGAINST
ORIGINAL BUDGET.
Compares the amount
provided in the original
budget, not including
revisions during the year,
with the actual final net
result for ordinary services
plus capital revenue and
expenditure.
10
8
6
4
2
(millions)
-2
1,312,000
9,056,000
-292,000
7,867,000
budget
760,000
6,732,000
3,372,000
6,932,000
actual
3,285,000
4,787,000
01/02 02/03 03/04 04/05 05/06
Parramatta City Council Organisational Health Check
PERCENTAGE OF PROJECT
MILESTONES MET OR
WHOSE VARIANCES
COULD BE EXPLAINED IN
THE QUARTERLY REVIEW.
A pleasing improvement in
projects either completed
on time or held up by
factors beyond Council’s
control, above target
of 80%.
100
80
60
40
20
(%)
79%
82%
04/05 05/06
PERCENTAGE OF
REQUIRED AND ACTUAL
MAINTENANCE COSTS
AGAINST THE ‘AT COST’
VALUE OF OUR ASSETS.
The percentage of how
much we spent on
maintaining assets and
how much needs to be
spent to maintain the
assets in a satisfactory
condition, as a portion of
their ‘at cost’ value.
2.5
2.0
1.5
1.0
0.5
(%)
1.25%
1.09%
0.93%
0.68%
actual
0.86%
0.66%
0.85%
2.06%
required
1.49%
2.16%
01/02 02/03 03/04 04/05 05/06
27
Parramatta City Council 2005/06 Annual Report