Decision details

It is resolved that:

(A)      Council note the interim financial performance of Council for the 2025/26 year, including an Operating Result (before depreciation, interest income, capital related costs and capital grants and contributions) of $121.7M and Net Operating Result of $130.7M as outlined in the subject report and summarised in Attachment A to the subject report

(B)      Council note the full year Capital Works expenditure of $253.8M, approve the proposed revote of $20.4M and other budget adjustments, including future years forward estimates, to increase the adopted 2026/27 budget to $275.4M, including $8.0M in contingency, to progress the planned capital works program, as shown in Attachment B to the subject report

(C)      Council note the Technology and Digital Services Capital Works expenditure of $27.7M, approve the proposed revote of $0.2M and other budget adjustments, including future years forward estimates, to increase the adopted 2026/27 budget to $29.3M as shown in Attachment B to the subject report

(D)      Council note the full year Plant and Equipment expenditure of $16.5M, net of disposals, and approve the proposed revote of $10.5M and other budget adjustments, to increase the adopted 2026/27 net budget to $28.5M as shown in Attachment B in the subject report

(E)      Council note the full year net Property Divestments of $7.8M

(F)      Council note the operational performance indicators and Quarter 4 and full-year achievements against the Delivery Program 2025-2029 objectives, as detailed in Attachment C to the subject report

(G)      Council note the supplementary reports, which detail fee-waived and discounted community facility hire for 2025/26, the quick response, street banner and venue hire support grants and sponsorship programs, major legal issues and international travel in the fourth quarter, as detailed in Attachment D to the subject report

(H)      Council approve the write-off of commercial property debt totalling $118,683.59 (including GST), for ABC Study Group Pty Ltd.

Carried unanimously.

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