TOURISM NOOSA FUNDING AND PERFORMANCE DEED 2026–2029 · Report

GENERAL COMMITTEE MEETING                                                           13 APRIL 2026



Ordinary Meeting, 18 September 2025
12.1 TOURISM NOOSA 12 MONTH FUNDING DEED (AGREEMENT) & ROAD MAP STATUS
REPORT
That Council
A. Note the report by the Chief Executive Officer to the General Committee dated 15 September
B. Note the executed Tourism Noosa 12-month Funding Deed provided at Attachment 1; and
C. Note the Road Map status as outlined in this report.

Ordinary Meeting, 18 December 2025
2.2 ADOPTION OF TOURISM NOOSA ROADMAP
That Council
A. Note the report by the Chief Executive Officer to the Ordinary Committee dated 18 December
2025 regarding the Tourism Noosa Roadmap;
B. Approve the Tourism Noosa Roadmap (Attachment 1) in accordance with the requirements of the
current 12-month Tourism Noosa Funding Deed;
C. Endorse Option 2 – Evolve Tourism Noosa to align with the Destination Management Plan (DMP)
as the immediate and primary service delivery model as outlined in the attached and proposed
Tourism Noosa Roadmap: and
D. Request the Chief Executive Officer to bring back a report for endorsement of final terms with
Tourism Noosa to February 2026 round of Council meetings.
E. Request the Chief Executive Officer prepare a report to Council on the reintroduction of a
dedicated levy, specifically to consider whether the higher rates currently paid by commercial
properties, should be collected and accounted for as a dedicated levy rather than as part of general
rates.
F. Request that in relation to Item D, Council's Procurement department support the development of
any future funding agreements.

Councillor briefings and workshops focused on the development of the Funding Deed held
in February and March 2026.



Finance
The proposed Tourism Noosa Funding and Performance Deed 2026–2029 (Funding Deed) provides
a clear, transparent and accountable framework for Council’s ongoing investment in destination
management and tourism services.

Under the Funding Deed, Council will provide $2.0 million per annum (ex GST) to TN for a three-year
term commencing 1 July 2026, with CPI indexation applied from the second year of the Term, at a
maximum rate of 3.5%.

This funding model replaces the previous performance payment structure and enables Council to
assess performance on a full-year basis, while avoiding in-year funding volatility for Tourism Noosa
that could undermine service delivery. It strengthens the link between funding and outcomes and
provides Council with a proportionate and transparent mechanism to protect public investment. In
applying any performance adjustment, Council may consider not only the proportion of Agreed
Priorities, KPIs and Target Metrics achieved, but also the priority ranking and points weighting of
outcomes, consistent with Schedule 2 of the Funding Deed, ensuring funding consequences reflect
the strategic significance of any under-delivery.

Funding under the Funding Deed will continue to be sourced from existing budget allocations
supported by the commercial differential general rate, consistent with Council’s long-standing
approach to funding tourism and economic development services. The Funding Deed does not
increase residential ratepayer burden and aligns with Council’s adopted financial and governance
principles.