Financial Performance Report April 2026

ORDINARY MEETING                                                                      21 MAY 2026




Capital Revenue
Capital revenue of $24.3m received to 30 April 2026 comprises cash contributions from developers
of $2.3m and capital grants and subsidies of $21.9m, with the timing of capital grant and subsidy
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 assets) remains unpredictable.

A comparison of actual capital grants and subsidies received to 30 April 2026 by capital works
program compared to the current 2025/26 whole year budget is outlined in the following table.




In line with the approved recovery programs for the 2025/26 and 2026/27 financial years, Council
officers are now not anticipating to receive any further recovery payments in the 2025/26 financial
year. As indicated above, the receipt of the remaining outstanding grants and subsidies remains
dependent upon the completion of the balance of the 2025/26 capital works program.