Decision Maker: Council
Decision status: Recommendations Determined
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.
X039568
Report author: Christina Phillips
Publication date: 22/08/2022
Date of decision: 22/08/2022
Decided at meeting: 22/08/2022 - Council
Accompanying Documents: