2023-24 Quarter 4 Review – Delivery Program 2022-2026

19/08/2024 - 2023-24 Quarter 4 Review – Delivery Program 2022-2026

It is resolved that Council:

(A)      note the interim financial performance of Council for the 2023/24 financial year ending 30 June 2024, including the Net Surplus of $156.9M as outlined within the report and summarised at Attachment A to the subject report;

(B)      note the full year Capital Works expenditure of $182.5M for 2023/24, approve the proposed revote of $20.3M and adjustments to future years forward estimates, to increase the adopted 2024/25 budget to $247.1M including $8.0M of contingency to progress the planned capital works, as detailed in the Attachment B to the subject report;

(C)      note the Technology and Digital Services (TDS) capital expenditure of $16.3M for 2023/24 and approve the proposed revote of $2.0M and other adjustments totalling ($0.6M), to increase the adopted 2024/25 TDS capital budget to $25.4M as shown in Attachment B in the subject report;

(D)      note the full year Plant and Equipment expenditure of $9.0M for 2023/24 (net of disposals) and approve the proposed revote of $7.3M, to increase the adopted 2024/25 net budget to $25.9M as show in Attachment B in the subject report;

(E)      note the full year net Property Acquisitions of $1.6M;

(F)      note the operational performance indicators and quarter and full year achievements against the Delivery Program 2022-2026 objectives, as detailed in Attachment C to the subject report;

(G)      note the supplementary report which details fee-waived and discounted community facilities hire, the quick response, street banner and venue hire support grants and sponsorship programs, major legal issues, international travel, property and land use matters approved under delegation and contracts over $50,000 in Quarter 4, as detailed in Attachment D to the subject report; and

(H)      approve amendment of the date for working with business and approval of outdoor dining on the road area in Appendix 1 of the Outdoor Dining Guidelines to 30 June 2025.

Carried unanimously.

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