FINANCIAL PERFORMANCE REPORT MAY 2026 · Report

ORDINARY MEETING                                                                         18 JUNE 2026



Major materials and services variances by financial statement category (as reported in Council's
audited financial statements) to 31 May 2026 are detailed in the following table.




The differences in commentary between the two tables in relation to materials and services is due
to the utilisation of different selection codes within Council's financial system in order to comply with
our external reporting obligations.

In the last week of April 2026, Council officers commenced the recording of the impact of the Middle
East Conflict (the Conflict) on Council's materials and services. To the end of May 2026, an
additional $17k of expenditure was directly attributable to the Conflict.

Tourism and Economic Development Investment

Council resolved to report on a monthly basis, investment details for tourism and economic
development, with expenditure on Tourism and Economic Development activities to 31 May
2026 outlined in the below table.




Details on specific project expenditures within the Tourism and Economic Development cost centres
are outlined in the following table.