FINANCIAL PERFORMANCE REPORT SEPTEMBER 2026 · Report

ORDINARY MEETING                                                                   15 OCTOBER 2026


13.1         FINANCIAL PERFORMANCE REPORT SEPTEMBER 2026


Author             Financial Services Manager, Zach Morton-Adair
                   Financial Services | Corporate Services Department
Index              ECM/Subject/22.09/Monthly Financial Performance Reporting.
Attachments        1.   Attachment 1 - Statement of Income & Expenditure 30 September 2026
                   2.   Attachment 2 - Statement of Financial Position 30 September 2026
                   3.   Attachment 3 - Statement of Changes in Equity 30 September 2026
                   4.   Attachment 4 - Financial Analytics 30 September 2026
                   5.   Attachment 5 - Capital Financial Performance 30 September 2026


EXECUTIVE SUMMARY
To meet its monthly reporting obligations under Section 204 of the Local Government Regulation
2012 (the Regulation), a monthly financial report is provided to Council for its information.

This report complies with Section 204 of the Regulation and presents Council’s financial performance
to 30 September 2026 against the Revised Budget for the 2026/27 financial year, as adopted by
Council on 20 August 2026.

At 30 September 2026, Council's financial year results show a favourable Net Result variance to
budget of $2.5M, with $2.2M of this variance attributable to Council's operating activities and a further
$0.3M attributable to capital funding sources. This result is subject to amendment as final accounting
entries associated with the 2025/26 financial statements are completed.

At 30 September 2026, the key drivers of Council’s financial performance are higher than anticipated
rates and utility charge revenues and investment earnings, together with lower than anticipated
operating and capital expenditures.

As expected at this stage of the 2026/27 financial year, there are no major issues of financial
concern.

RECOMMENDATION
That Council note the report by the Financial Services Manager to the Ordinary Meeting dated 15
October 2026 regarding Council's financial performance to 30 September 2026.


REPORT
Council's financial performance to 30 September 2026 is summarised in the following table.