Decision details

It is resolved that Council:

(A)      note the interim financial performance of Council for the 2019/20 financial year ending 30 June 2020, including the Net Surplus of $85.0M as outlined in the subject report and summarised in Attachment A to the subject report;

(B)      note the full year Capital Works expenditure of $156.6M for 2019/20, and approve the proposed revote of budget and other adjustments of $15.6M to increase the adopted 2020/21 budget to $296.3M to progress the planned capital works, as detailed in Attachment B to the subject report;

(C)      note the Information Services capital expenditure of $15.9M for 2019/20, and approve the proposed revote of $5.9M and bring forward of $0.5M of funds to increase the adopted 2020/21 budget to $18.7M;

(D)      note the full year Plant and Assets expenditure of $12.2M for 2019/20, net of disposals, and approve the proposed revote of $6.4M to increase the adopted 2020/21 net budget to $14.4M;

(E)      note the full year Property Divestment of $25.9M in 2019/20;

(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.

Carried unanimously.

S096187