Gawler 2013-14 Annual Report - page 21

Town of GawlerAnnual Report 2013/14
Page 21
introduction •
summary
• strategic directions • statutory information • index
3. AssetSustainabilityRatio
TheAsset SustainabilityRatiocomparesCouncil’snet capital expenditureon the replacement / renewal of existingassetsasa
percentageof thevalue identifiedand required for suchpurposeswithinCouncil’sAssetManagement Plan.
WhilstCouncil’s initialAssetManagement Planwasadopted in late2009, it hasonlybeenupdated in relatively recent times,
such that it couldnot effectivelybeusedas thebasisof the ratiocalculationprior to the2013/14financial year.
ThepolicypositionofCouncil is that the ratio result shouldequal 90-100%over a threeyear period, therebyensuring that
Council is investinganappropriatefinancial contribution relating to the replacement / renewal of itsexistingfixedasset stock.
The2013/14 result of 86% isonlyslightlybelow theCouncil policyposition.
2009/10
Actual
2010/11
Actual
2011/12
Actual
10%
20%
40%
50%
0
AssetSustainabilityRatio
30%
60%
70%
2012/13
Actual
2013/14
Actual
80%
90%
Asset SustainabilityRatio
1...,11,12,13,14,15,16,17,18,19,20 22,23,24,25,26,27,28,29,30,31,...181
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