Annual Report 2014-15

Operating Surplus Ratio
This ratio is a measure of the City’s
ability to cover its operational costs
and have revenues available for
capital funding or other purposes.
25%
20%
19%
21%
15%
10%
10%
15% 15% 15%
Benchmark
Result
5%
An Advanced Standard has been
met as the Ratio is greater than
15% (0.15).
0%
2012/13 2013/14 2014/15
Asset Consumption Ratio
This ratio measures the extent to
which depreciable assets have
been consumed by comparing
their written down value to their
replacement cost.
90%
80%
70%
60%
50%
40%
82% 82% 84%
50%
50%
50%
Benchmark
Result
The Standard has been met
as it exceeds the 50% target
and exceeds the Department’s
‘improving’ Standard which is
between 60% and 75%.
30%
20%
10%
0%
2012/13 2013/14 2014/15
Asset Sustainability Ratio
This ratio indicates whether the City
is replacing or renewing existing
non-financial assets at the same
rate that its overall asset stock is
wearing out.
100%
90%
80%
70%
60%
50%
40%
90%
90% 90%
Benchmark
Result
30%
31%
Technically, the Standard has not
been met as the Ratio is less than
90% (0.90).
20%
10%
0%
15% 16%
2012/13 2013/14 2014/15
A large percentage of the City’s assets are in new to very good condition with approximately 85% of the total asset base at
or below condition 2 (a rating of 0 represents a new asset and 10 being assets that are failing). Less than 1% of the asset
base is at or above condition 8, which represents assets that require immediate attention.
| ANNUAL REPORT 2014/2015 | CITY OF WANNEROO | THE YEAR IN REVIEW
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