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Golden Plains Shire

Profile Performance

Provision of relevant information about the effectiveness of financial management in local government including efficiency, liquidity, obligations, operating position and stability

Expenses per property assessment

Amount of council expenditure for each property

Golden Plains Shire (2019-2020)

$3,602.58

Similar Councils (2019-2020)

$3,618.71

All Councils (2019-2020)

$3,402.81

Performance Trend

Reporting Period Golden Plains Shire Similar Councils All Councils
2016-2017 $3,612.18 $3,274.34 $3,076.54
2017-2018 $3,438.54 $3,308.02 $3,173.85
2018-2019 $3,480.27 $3,542.34 $3,322.88
2019-2020 $3,602.58 $3,618.71 $3,402.81
2020-2021 $3,892.78 $3,566.81 $3,387.06
2021-2022 $3,764.18 $3,462.17 $3,325.18
2022-2023 $3,808.62 $3,492.70 $3,361.73
2023-2024 $3,904.86 $3,544.73 $3,407.05

Golden Plains Shire Council Says...

Average rate per property assessment

Amount of rates charged on average for each property. New indicator from July 2019. Please refer to retired indicators link for previous results.

Golden Plains Shire (2019-2020)

$1,838.68

Similar Councils (2019-2020)

$1,773.46

All Councils (2019-2020)

$1,774.72

Performance Trend

Reporting Period Golden Plains Shire Similar Councils All Councils
2019-2020 $1,838.68 $1,773.46 $1,774.72
2020-2021 $1,886.59 $1,804.61 $1,800.94
2021-2022 $1,976.36 $1,836.52 $1,837.61
2022-2023 $2,020.51 $1,870.18 $1,871.38
2023-2024 $2,081.78 $1,906.88 $1,905.41

Golden Plains Shire Council Says...

Current assets as a percentage of current liabilities

Value of current assets at the end of the year (i.e. assets that can easily be converted to cash within 12 months) divided by the value of current liabilities at the end of year (i.e. obligations due or payable by cash within the next 12 months)

Golden Plains Shire (2019-2020)

216.72%

Similar Councils (2019-2020)

277.58%

All Councils (2019-2020)

291.35%

Performance Trend

Reporting Period Golden Plains Shire Similar Councils All Councils
2016-2017 234.41% 269.52% 293.07%
2017-2018 249.48% 306.83% 317.53%
2018-2019 170.06% 310.29% 319.74%
2019-2020 216.72% 277.58% 291.35%
2020-2021 136.84% 234.50% 256.19%
2021-2022 194.36% 216.18% 237.21%
2022-2023 204.77% 212.44% 233.01%
2023-2024 210.42% 202.04% 230.24%

Golden Plains Shire Council Says...

Budgeted $9.5m new loans taken-up in 2019-20. Lower cash balance forecast beyond 2019-20 reflecting the forecast completion of some large capital works projects in 2020-21.

Unrestricted cash as a percentage of current liabilities

Amount of cash at the end of the year which is free of restrictions divided by the value of current liabilities at the end of year (i.e. obligations due or payable by cash within the next 12 months)

Golden Plains Shire (2019-2020)

183.17%

Similar Councils (2019-2020)

79.37%

All Councils (2019-2020)

88.99%

Performance Trend

Reporting Period Golden Plains Shire Similar Councils All Councils
2016-2017 136.75% 107.42% 96.18%
2017-2018 163.53% 115.91% 101.05%
2018-2019 119.29% 88.99% 94.27%
2019-2020 183.17% 79.37% 88.99%
2020-2021 92.54% 105.79% 125.03%
2021-2022 141.24% 97.97% 113.21%
2022-2023 152.12% 88.79% 107.84%
2023-2024 158.05% 78.88% 103.97%

Golden Plains Shire Council Says...

Budgeted $9.5m new loans taken-up in 2019-20. Lower cash balance forecast beyond 2019-20 reflecting the forecast completion of some large capital works projects in 2020-21.

Loans and borrowings as a percentage of rates

Value of interest bearing loans and borrowings at the end of the year divided by rates raised for the year

Golden Plains Shire (2019-2020)

58.94%

Similar Councils (2019-2020)

18.73%

All Councils (2019-2020)

15.03%

Performance Trend

Reporting Period Golden Plains Shire Similar Councils All Councils
2016-2017 36.42% 22.08% 20.75%
2017-2018 36.95% 19.16% 18.05%
2018-2019 33.36% 17.22% 16.44%
2019-2020 58.94% 18.73% 15.03%
2020-2021 55.43% 23.95% 20.35%
2021-2022 48.18% 24.64% 20.87%
2022-2023 50.45% 24.91% 20.76%
2023-2024 42.62% 23.22% 19.72%

Golden Plains Shire Council Says...

Budgeted $9.5m new loans taken-up in 2019-20.

Loans and borrowings repayments as a percentage of rates

Interest bearing loan and borrowing repayments for the year divided by rates raised for the year

Golden Plains Shire (2019-2020)

17.21%

Similar Councils (2019-2020)

7.50%

All Councils (2019-2020)

4.73%

Performance Trend

Reporting Period Golden Plains Shire Similar Councils All Councils
2016-2017 3.26% 3.61% 3.62%
2017-2018 2.69% 4.01% 3.38%
2018-2019 2.60% 3.11% 2.68%
2019-2020 17.21% 7.50% 4.73%
2020-2021 7.13% 3.76% 3.19%
2021-2022 6.37% 4.76% 4.00%
2022-2023 1.20% 3.14% 3.18%
2023-2024 6.82% 3.08% 2.76%

Golden Plains Shire Council Says...

$3.8m loan repaid on maturity in 2019-20.

Non-current liabilities as a percentage of own source revenue

Value of non-current liabilities at the end of year (i.e. obligations not due or payable by cash within the next 12 months) divided by total revenue excluding government grants, contributions for capital works and the value of assets received from developers

Golden Plains Shire (2019-2020)

53.61%

Similar Councils (2019-2020)

29.50%

All Councils (2019-2020)

21.38%

Performance Trend

Reporting Period Golden Plains Shire Similar Councils All Councils
2016-2017 40.72% 29.19% 22.64%
2017-2018 37.73% 26.25% 20.63%
2018-2019 12.05% 22.53% 17.93%
2019-2020 53.61% 29.50% 21.38%
2020-2021 49.71% 30.00% 23.21%
2021-2022 42.16% 30.91% 23.31%
2022-2023 43.16% 30.48% 22.91%
2023-2024 35.50% 28.96% 21.93%

Golden Plains Shire Council Says...

Budgeted $9.5m new loans taken-up in 2019-20.

Asset renewal and asset upgrade as a percentage of depreciation

Expenditure on renewing existing assets or upgrading assets divided by the amount of depreciation on all assets. New indicator from July 2019. Please refer to retired indicators link for previous results.

Golden Plains Shire (2019-2020)

150.35%

Similar Councils (2019-2020)

112.24%

All Councils (2019-2020)

115.25%

Performance Trend

Reporting Period Golden Plains Shire Similar Councils All Councils
2019-2020 150.35% 112.24% 115.25%
2020-2021 144.05% 143.09% 145.11%
2021-2022 104.47% 116.20% 127.27%
2022-2023 133.11% 108.44% 117.87%
2023-2024 97.29% 106.88% 111.75%

Golden Plains Shire Council Says...

Adjusted underlying surplus (or deficit) as a percentage of underlying revenue

Surplus or deficit for the year excluding non-recurrent government grants received for capital purposes, contributions for capital works and the value of assets received from developers divided by total revenue excluding non-recurrent government grants received for capital purposes, contributions for capital works and the value of assets received from developers

Golden Plains Shire (2019-2020)

1.07%

Similar Councils (2019-2020)

-1.73%

All Councils (2019-2020)

-0.05%

Performance Trend

Reporting Period Golden Plains Shire Similar Councils All Councils
2016-2017 6.85% 6.87% 9.00%
2017-2018 5.04% 3.23% 4.80%
2018-2019 5.05% 1.94% 4.24%
2019-2020 1.07% -1.73% -0.05%
2020-2021 -1.21% -3.63% -3.27%
2021-2022 9.55% 1.73% 1.69%
2022-2023 9.00% 1.46% 1.90%
2023-2024 9.78% 1.57% 2.22%

Golden Plains Shire Council Says...

Higher capital grants in 2019-20 than prior years. Additional windfarm income forecast in outer years.

Rates as a percentage of adjusted underlying revenue

Rates raised for the year divided by total revenue excluding non-recurrent government grants received for capital purposes, contributions for capital works and the value of assets received from developers

Golden Plains Shire (2019-2020)

57.78%

Similar Councils (2019-2020)

59.18%

All Councils (2019-2020)

61.87%

Performance Trend

Reporting Period Golden Plains Shire Similar Councils All Councils
2016-2017 49.74% 55.52% 57.59%
2017-2018 54.54% 58.49% 59.55%
2018-2019 56.84% 57.22% 59.45%
2019-2020 57.78% 59.18% 61.87%
2020-2021 55.98% 62.30% 64.72%
2021-2022 54.19% 61.91% 64.15%
2022-2023 55.11% 62.81% 64.63%
2023-2024 54.87% 63.03% 64.81%

Golden Plains Shire Council Says...

Rates as a percentage of property values in municipality

Rates raised for the year divided by the total capital improved value (i.e. market value) of all rateable properties

Golden Plains Shire (2019-2020)

0.43%

Similar Councils (2019-2020)

0.45%

All Councils (2019-2020)

0.41%

Performance Trend

Reporting Period Golden Plains Shire Similar Councils All Councils
2016-2017 0.50% 0.51% 0.45%
2017-2018 0.50% 0.51% 0.46%
2018-2019 0.49% 0.48% 0.42%
2019-2020 0.43% 0.45% 0.41%
2020-2021 0.40% 0.45% 0.40%
2021-2022 0.42% 0.45% 0.41%
2022-2023 0.42% 0.45% 0.41%
2023-2024 0.43% 0.45% 0.42%

Golden Plains Shire Council Says...

There has been an 11% decrease in rates compared to property values in 2019-20.