2018/19 Quarter 4 Review – Delivery Program 2017–2021
Decision Maker: Council
Decision status: Recommendations Determined
Decisions:
S096187
It is resolved that Council:
(A)
note the financial performance of Council for
the 2019 financial year ending 30 June 2019, including the Net Operating Surplus
of $94.4M as outlined in the subject report and summarised in Attachment A to
the subject report;
(B)
note the full year Capital Works expenditure of
$173.4M and approve the proposed revote of budget and other adjustments, which
will increase the adopted 2019/20 budget of $235.0M by $33.2M to $268.2
(including a total of $40.9M for light rail contributions), and note the
forward estimates as detailed in Attachment B to the subject report;
(C)
note the Information Services capital
expenditure of $8.8M, and approve the proposed
revote of $4.4M and adjustments to increase the adopted budget 2019/20 to
$20.2M;
(D)
note the full year Plant and Assets expenditure
of $11.9M, net of disposals, and approve the proposed net revote of $5.4M to
increase the adopted 2019/20 net budget to $19.4M;
(E)
note the full year Property
Acquisition/Divestment net expenditure of $23.6M and amendment to the adopted 2019/20 net budget
to $72.7M to reflect the deferred settlement for lease of properties.
(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 Environmental Sustainability Progress
Report, as shown at Attachment E to the subject report
(I)
Note the minor changes to fee and charges as
specified in paragraph 10 within the body of the report.
Report author: Bill Carter
Publication date: 19/08/2019
Date of decision: 19/08/2019
Decided at meeting: 19/08/2019 - Council
Accompanying Documents:
- 2018/19 Quarter 4 Review – Delivery Program 2017–2021 PDF 270 KB
- Attachment A - Financial Results Summary PDF 430 KB
- Attachment B - Capital Expenditure Financial Results PDF 302 KB
- Attachment C - Fourth Quarter Operational Plan Report 2018/19 PDF 869 KB
- Attachment D - Fourth Quarter Supplementary Report 2018/19 PDF 781 KB
- Attachment E - Environmental Sustainability Progress Report PDF 10 MB
- Information Relevant To Item 6.2 - 2018/19 Quarter 4 Review – Delivery Program 2017-2021 PDF 143 KB