Decision details

It is resolved that Council:

(A)        note the interim financial performance of Council for the 2021/22 financial year ending 30 June 2022, including the Net Surplus of $68.8M as outlined within the report and summarised at Attachment A to the subject report;

(B)        note the full year Capital Works expenditure of $162.3M for 2021/22, approve the proposed revote of $30.4M and adjustments to future years forward estimates, to increase the adopted 2022/23 budget to $200.9M excluding contingency to progress the planned capital works, as detailed in the Attachment B to the subject report;

(C)        note the Technology and Digital Services capital expenditure of $14.1M (net of disposals) for 2021/22, and approve the proposed revote of $8.6M and other adjustments totalling $3.5M (including transfer of $2.9M of multi-year projects included in the operating budget), to increase the adopted 2022/23 TDS capital budget to $19.0M as shown in Attachment B in the subject report;

(D)        note the full year Plant and Assets expenditure of $7.9M for 2021/22 (net of disposals), and approve the proposed revote of $5.9M and deferral of $7.6M of fleet purchases to 2023/24 (reflecting supply chain constraints), to reduce the adopted 2022/23 net budget to $11.3M as show in Attachment B in the subject report;

(E)        note the full year net Property Divestment proceeds of $32.5M;

(F)        note the operational performance indicators and quarter and full year achievements against the Delivery Program 2017-2021 objectives, as detailed in Attachment C to the subject report;

(G)       note the supplementary reports, including contracts issued over $50,000, major legal issues and the Quick Response, Banner Pole and Reduced Rate Grant Programs in Quarter 4, as detailed in Attachment D to the subject report; and

(H)        note the Community Recovery Plan report, as shown at Attachment E to the subject report.

Carried unanimously.

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