FINANCIAL PERFORMANCE REPORT SEPTEMBER 2026 · Report

ORDINARY MEETING                                                                 15 OCTOBER 2026


development, with expenditure on Tourism and Economic Development activities to 30 September
2026 outlined in the below table.




Capital Revenue
Capital revenues of $6.2M received to 30 September 2026 mainly comprise capital grants and
subsidies of $6.1M, with the timing of capital grant and subsidy receipts generally dependent on
grant conditions and the timing of capital works delivery.

The timing of developer contributions, including both cash contributions and contributed assets,
remains inherently uncertain.

A summary of major capital grants and subsidies received to 30 September 2026 by capital works
project is outlined in the following table.




Capital Expenditure
At 30 September 2026, actual capital expenditure (excluding contributed assets, loan redemption
payments and commitments) was $12.7M or 12.7% of Council's $99.7M capital works program.

Details on specific project expenditure variances will be provided through future reporting as budgets
are adjusted to more accurately reflect anticipated project delivery timelines. Commencing with the
October 2026 Financial Performance Report, detailed quarterly analysis from the Capital Works
Executive Committee will be incorporated, including revised graphical presentations and enhanced
commentary to provide greater visibility of capital program outcomes and the underlying drivers of
project delivery performance and expenditure trends.

Detailed discussion of the progress of the capital works program is also provided through a separate
quarterly report.

Cash Management and Investment Performance
Total cash on hand at the end of September 2026 was $164.6M, with $6.7M of this balance held in
trust.

A summary of Council's investments at 30 September 2026 is outlined in the following table.