Decision details

It is resolved that:

(A)      Council endorse the suite of Integrated Planning and Reporting documents for public exhibition for a period of 28 days, including:

(i)         the draft Operational Plan 2024/25 as shown at Attachment A to the subject report; and

(ii)        and the draft Resourcing Strategy 2024 as shown at Attachment B to the subject report;

(B)      Council endorse the draft Operating and Capital Budget, and future years’ forward estimates, as reflected in the Operational Plan 2024/2025 and draft Resourcing Strategy 2024 including: 

(i)         Operating income of $716.4M, operating expenditure before depreciation of $597.3M for an Operating Result of $119.1M, and a Net Surplus of $115.4M after allowing for interest, depreciation and capital contributions;

(ii)        Capital Works expenditure of $228.5M and a capital works contingency of $8.0M; 

(iii)      Plant and Assets net expenditure of $18.6M

(iv)      Capital Works (Technology and Digital Services) of $24.0M; and 

(v)       Net Property Acquisitions of $28.0M;

(C)      Council endorse the draft Rates, Domestic Waste Management Charges, Stormwater Charges and User Fees and Charges discussed within the subject report and included within the draft Operational Plan 2024/25; and

(D)      authority be delegated to the Chief Executive Officer to approve any minor editorial and document design corrections prior to publication.

Carried unanimously.

X10909