Sch. 3 3 Obligations Indicator Measure (a) Loans and Loans and borrowings compared to rates borrowings (interest bearing loans and borrowings as a (level of interest percentage of rate revenue) bearing loans and borrowings is appropriate to the size and nature of Council's activities) Loans and borrowings repayments compared to rates (interest and principal repayments on interest bearing loans and borrowings as a percentage of rate revenue) (b) Indebtedness Non-current liabilities compared to own source (level of long revenue (non-current liabilities as a percentage of term liabilities is own-source revenue) appropriate to the size and nature of a Council's activities) (c) Asset renewal Asset renewal compared to depreciation (asset (assets are renewal expenses as a percentage of depreciation) renewed as planned)
3 Obligations Indicator Measure (a) Loans and borrowings (level of interest bearing loans and borrowings is appropriate to the size and nature of Council's activities) Loans and borrowings compared to rates (interest bearing loans and borrowings as a percentage of rate revenue) Loans and borrowings repayments compared to rates (interest and principal repayments on interest bearing loans and borrowings as a percentage of rate revenue) (b) Indebtedness (level of long term liabilities is appropriate to the size and nature of a Council's activities) Non-current liabilities compared to own source revenue (non-current liabilities as a percentage of own-source revenue) (c) Asset renewal (assets are renewed as planned) Asset renewal compared to depreciation (asset renewal expenses as a percentage of depreciation) Sch. 3