Noosa Council Annual Report 24/25

Noosa Council                                                                                                                        Noosa Council
Notes to the Financial Statements                                                                                                    Notes to the Financial Statements
for the year ended 30 June 2025                                                                                                      for the year ended 30 June 2025

Note 1. Information about these Financial Statements (continued)                                                                     Note 2. Analysis of Results by Function (continued)

(g) Taxation                                                                                                                         STRATEGY & ENVIRONMENT
Council is exempt from income tax, however Council is subject to Fringe Benefits Tax, Goods and Services Tax (‘GST’) and
payroll tax on certain activities. The net amount of GST recoverable from the ATO or payable to the ATO is shown as an               The goal of the Strategy and Environment department is to lead the strategy and sustainability agenda for the organisation,
asset or liability respectively.                                                                                                     driving collaboration and innovation in sustainability and strategy development ensuring environmental, economic, social and
                                                                                                                                     cultural outcomes that meet our current and future community needs. Service areas include Economic Development,
                                                                                                                                     Environmental Services, Innovation & Digital Hub and Strategic Land Use Planning and Sustainability.
(h) Supplier Banking Details Compromised
Nature of the Incident
During the financial year ended 2024-25, Council was the target of a fraud incident involving the alteration of a supplier's
banking details. A fraudulent request was received purporting to be from a legitimate supplier, advising of updated bank account
information. As a result, a payment of $2.3 million was redirected to a fraudulent account.

Financial Impact
The total financial loss was $1.7 million, after the recovery of a portion of the initial payment, which has been recognised in
the Statement of Comprehensive Income within "Materials and Services". The amount includes the misdirected payment and
associated investigation and remediation costs.



Note 2. Analysis of Results by Function
§Note§




                                                                                                                                                                                                                                                                    Noosa Council Annual Report 24/25
§Subnote§




(a) Components of Council Functions
Details relating to the Council's functions / activities as reported in Note 2(b) are as follows:

CEO OFFICE

The goal of the Chief Executive Officer function is to provide leadership to the organisation to ensure it meets its strategic and
operational objectives As well as providing effective governance oversight, human resource management and communication
and community engagement processes. Service areas include the Office of the CEO & Mayor, Community Engagement,
Corporate Reporting & Performance,Governance and Internal Audit as well as People and Culture.

COMMUNITY SERVICES

The Community Service department's goal is to provide facilities and opportunities for residents and visitors to participate in
community, cultural and recreational activities across the shire; deliver exceptional customer experiences; and assist
community groups and organisations through the provision of advice and community grants. Service areas include Cemeteries,
Community Development, Customer Service, Cooroy and Noosaville Libraries, Noosa Aquatic Centre, Noosa Seniors, Noosa
Leisure Centre, Noosa Regional Gallery and the J event centre.

CORPORATE SERVICES

The goal of the Corporate Services department is to provide effective support to the organisation to ensure that Council
services are provided in accordance with agreed service levels that ensure Council's ongoing sustainability. Service areas
include Financial Services, Information Communication Technology, Procurement and Fleet, as well as Revenue Services.

DEVELOPMENT & REGULATION

The goal of the Development & Regulation department is to provide effective planning and development compliance that
maintain the liveability of the region and promote long-term sustainable outcomes for the Noosa community as well as
protecting the health and safety of the Noosa Community . Service areas include Building and Plumbing Services, Development
Assessment, Property and Facilities, Environmental Health and Local Laws.

INFRASTRUCTURE SERVICES

The goal of the Infrastructure Services department is to provide efficient planning, maintenance and delivery of infrastructure
over its lifecycle as well as providing waste management services to the community. The department operates and maintains
infrastructure including roads and bridges, buildings, canals, parks, stormwater drainage, waterways and beaches in the Noosa
Shire in accordance with established service levels. Service areas include Asset Management, Council Buildings and Facilities,
Civil Operations, Infrastructure Planning, Design and Delivery and Waste Management.

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