FINANCIAL PERFORMANCE REPORT MAY 2026 · Report

ORDINARY MEETING                                                                     18 JUNE 2026



REPORT
Council's overall financial performance to 31 May 2026 is summarised in the following table.




Detailed statements on Council's financial performance to 31 May 2026 are outlined in the following
attachments to this report:

Attachment 1 - Statement of Income and Expenditure 31 May 2026
Attachment 2 - Statement of Financial Position 31 May 2026
Attachment 3 - Statement of Changes in Equity 31 May 2026
Attachment 4 - Financial Analytics 31 May 2026
Attachment 5 - Capital Performance 31 May 2026.

The $4.4m full year operating variance at 31 May 2026 comprises a $3.2m general operating surplus
from activities that are funded through Council’s general rate, regulatory fees and sales of goods
and services and a $1.2m operating surplus from Council's Business Activities (Waste Management
$1.0m and Holiday Parks $0.2m) as outlined in the following table.




Council has elected to apply National Competition Policy (NCP) reforms to its Waste Management
and Holiday Parks operations which provides greater transparency and assists in removing
anticompetitive conduct while ensuring the best allocation of Council's limited resources. A summary
of the Year-to-Date operational performance of these business activities is as outlined in the above
table.