Decision details

It is resolved that Council:

(A)      note the interim financial performance of Council for the 2024/25 year, including a Operating Result (before depreciation, interest income, capital related costs and capital grants and contributions) of $116.1M and Net Operating Result of $137.9M as outlined in the subject report and summarised in Attachment A to the subject report;

(B)      note the full year Capital Works expenditure of $213.3M, approve the proposed revote of $27.0M and adjustments to future years forward estimates, to increase the adopted  2025/26 budget to $309.9M including $8.0M of contingency to progress the planned capital works, as shown in Attachment B to the subject report;

(C)      note the Technology and Digital Services Capital Works expenditure of $17.3M, and approve the proposed revote of $4.0M and other adjustments to increase the adopted 2025/26 adopted budget to $25.9M as shown in Attachment B to the subject report;

(D)      note the full year Plant and Equipment expenditure of $21.2M, net of disposals, and approve the proposed revote of $9.0M, to increase the adopted 2025/26 net budget to $32.3M as shown in Attachment B in the subject report;

(E)      note the full year net Property Acquisitions of $67.9M;

(F)      note the operational performance indicators and quarter and full year achievements against the Delivery Program 2022-2026 objectives, as detailed in Attachment C to the subject report;

(G)      note the supplementary reports, which detail fee-waived and discounted community facility hire for 2024/25, and quick response, street banner and venue hire support grants and sponsorships, major legal issues, international travel, and contracts over $50,000 within the quarter, as detailed in Attachment D to the subject report; and

(H)      note the information in Attachment E, which outlines the Notices of Motion, Lord Mayoral Minutes and Councillor Amendments Cost summary. 

Carried unanimously.

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