Decision details

It is resolved that Council:

(A)      note the interim financial performance of Council for the 2020/21 financial year ending 30 June 2021, including the Net Surplus of $148.4M as outlined within the report and summarised at Attachment A to the subject report;

(B)      note the full year Capital Works expenditure of $216.5M for 2020/21, approve the proposed revote of $17.1M and adjustments to future years forward estimates, to increase the adopted 2021/22 budget to $243.6M 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 $17.6M (net of disposals) for 2020/21, and approve the proposed revote of $6.5M and other adjustments to future years forward estimates, to increase the adopted 2021/22 budget to a net $22.5M as shown in Attachment B in the subject report;

(D)      note the full year Plant and Assets expenditure of $7.0M for 2020/21, net of disposals, and approve the proposed revote of $5.3M to increase the adopted 2021/22 net budget to $14.5M as show in Attachment B in the subject report;

(E)      note the full year net Property Divestment proceeds of $53.9M;

(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;

(H)      note the Environmental Sustainability Progress Report, as shown at Attachment E to the subject report; and

(I)        note the Community Recovery Plan report, as shown at Attachment F to the subject report.

Carried unanimously.

X025796