It is resolved that:
(A) Council endorse the suite of Integrated Planning and Reporting documents for public exhibition for a period of 28 days, including:
(i) the draft Operational Plan 2024/25 as shown at Attachment A to the subject report; and
(ii) and the draft Resourcing Strategy 2024 as shown at Attachment B to the subject report;
(B) Council endorse the draft Operating and Capital Budget, and future years’ forward estimates, as reflected in the Operational Plan 2024/2025 and draft Resourcing Strategy 2024 including:
(i) Operating income of $716.4M, operating expenditure before depreciation of $597.3M for an Operating Result of $119.1M, and a Net Surplus of $115.4M after allowing for interest, depreciation and capital contributions;
(ii)
Capital Works expenditure of $228.5M and a capital works contingency of
$8.0M;
(iii) Plant and Assets net expenditure of $18.6M
(iv) Capital
Works (Technology and Digital Services) of $24.0M;
and
(v) Net Property Acquisitions of $28.0M;
(C) Council endorse the draft Rates, Domestic Waste Management Charges, Stormwater Charges and User Fees and Charges discussed within the subject report and included within the draft Operational Plan 2024/25; and
(D) authority be delegated to the Chief Executive Officer to approve any minor editorial and document design corrections prior to publication.
Carried unanimously.
X10909