APPENDICES – Financial Statements and Supporting Schedules
CITY OF GREATER DANDENONG
Dimension / indicator / measure
Notes
LONG TERM FINANCIAL PLAN 2022 - 2031
Appendix K(a) – Local Government Performance Reporting Framework (LGPRF) Financial Performance Indicators Actual
Forecast
Budget
2019-20
2020-21
2021-22
Financial Plan Projections 2022-23
2023-24
2024-25
2025-26
2026-27
2027-28
Trend 2028-29
2029-30
2030-31
+/o/-
Efficiency Expenditure level E2 Expenses per property assessment
$2,991.75 $3,181.71 $3,032.41 $2,997.00 $3,042.54 $3,074.90 $3,119.97 $3,146.18 $3,178.28 $3,224.37 $3,249.93 $3,287.66
o
$1,838.75 $1,894.72 $1,923.17 $1,942.73 $1,977.11 $2,011.90 $2,047.10 $2,082.73 $2,118.79 $2,155.27 $2,192.23 $2,229.64
+
[Total expenses / Number of property assessments]
Revenue level E4 Average rate per property assessment [General rates and municipal charges / Number of property assessments]
Liquidity Working capital L1 Current assets compared to current liabilities
2
205.46%
154.21%
144.91%
139.84%
131.13%
134.69%
137.01%
140.41%
144.48%
150.02%
157.94%
165.63%
o
3
103.14%
102.77%
92.96%
85.74%
75.06%
73.27%
73.14%
73.96%
75.57%
77.97%
82.88%
88.29%
o
[Current assets / current liabilities] x 100
Unrestricted cash L2 Unrestricted cash compared to current liabilities [Unrestricted cash / current liabilities] x 100
Key to forecast trend + Forecasts improvement in Council's financial performance/position indicator o Forecasts that Council's financial performance/financial position indicator will be steady - Forecasts deterioration in Council's financial performance/financial position indicator
LONG TERM FINANCIAL PLAN 2022 - 2031
Page 74
