FINANCIAL PERFORMANCE REPORT - DECEMBER 2025 · Report

GENERAL COMMITTEE MEETING                                                         19 JANUARY 2026




Capital Revenue
Capital revenue of $14.8 received to 31 December 2025 comprises cash contributions from
developers of $1.9m and capital grants and subsidies of $12.9m, with the timing of capital grant
receipts generally dependent on the timing of grant conditions and capital works delivery. The timing
of the receipt of developer contributions (both cash and contributed) remains unpredictable.

Major capital grants and subsidies received to 31 December 2025 by project are outlined in the
following table.




Capital Expenditure
At 31 December 2025, actual capital expenditure (excluding commitments) was $19.1m or 20.0% of
Council's $95.8m capital works program. However, when this expenditure is adjusted to exclude
$4.6m of other capital expenses associated with the write off of assets, actual capital expenditure
was $14.5m or 15.1% of the revised capital budget.

Detailed discussion of the progress of the capital works program is provided through a separate
quarterly report by the Infrastructure Team. In the next budget review, Council officers will look to
recast the 2025-26 capital works program to better reflect forecast actual and financial delivery at 30
June 2026. Council officers are also investigating how reporting to Council on the financial and
physical delivery of capital projects can be improved.

Excluding loan redemption payments, donated assets and other capital expenses, the following table
outlines the progress of the capital works program by portfolio at 31 December 2025.