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