Financial Performance Report April 2026

ORDINARY MEETING                                                                         21 MAY 2026



Council's investments continue to perform well against agreed benchmarks with a summary of
Council investment performance to the end of April 2026 outlined in the following table (rolling 6
monthly performance) and graph.




Noting abovementioned commentary around the financial delivery of the capital works program and
grants and subsidies received to date, since 30 April 2025, Council's total cash holdings have
increased by $25.6m or 21.1%.

Excluding interest on overdue rates and utility charges, at 30 April 2026, Council had received $6.5m
($1.8m from Associate - Unitywater) in interest from its investments.

Rates and Utility Charges - Rate Arrears
As outlined in the following table, at 30 April 2026 Council's outstanding rates and utility charges
totalled $7.4m or 7.8% of Council's rates and utility charges base, with the decrease in outstanding
rates and charges from March 2026 ($11.5m or 9.7%).




* Estimated 2025/26 revenue is based on July 2025 levy revenue multiplied by two, rounded to the nearest
million dollars.