2018-11-06 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                   6 NOVEMBER 2018


5      ANNUAL REPORT 2017/18
Author             Director Executive Services, Debra Iezzi
                   Executive Services Department

Index              ECM/Annual Report

Attachments        1.    2017/18 Annual Report
                         (Note: 101 pg attachment provided separately to this report)



EXECUTIVE SUMMARY
Not applicable.

RECOMMENDATION
That Council note the report by the Director Executive Services to the Services & Organisation
Committee Meeting dated 6 November 2018 and:
A.     Adopt the ‘2017/18 Annual Report’ (provided at Attachment 1 to the report) incorporating
       the 2017/18 Audited Financial Statements; and
B.     Authorise the Chief Executive Officer to make any required minor amendments to the
       document prior to publication.


REPORT
1.     Annual Report and Financial Statements

The development and publication of the Annual Report by Queensland local governments is a
requirement under the Local Government Regulation 2012 (“the Regulation”). The purpose of the
report is to inform the community about Council’s activities and financial performance throughout
the 2017/18 financial year.

The Regulation prescribes a range of disclosures which must be included within the report
relating primarily to accountability matters, financial matters (which may be of interest to the
community in terms of the amounts spent and justification of expenditure) and Council’s progress
towards achieving its Corporate Plan objectives.

The report has been compiled in accordance with the Annual Report Compliance Checklist
produced by the Department of Local Government to ensure that all of the prescribed disclosures
under the Regulation are included in the document.

Council’s Financial Statements which were signed by a delegate of the Auditor General
Queensland on 16 October 2018, and in accordance with the Auditor General Act 2009, confirm:
 The prescribed requirements in relation to the establishment and keeping of accounts have
   been complied with in all material respects;
 The financial report:
     (a)   Gives a true and fair view of the Council’s financial position as at 30 June 2018, and of
           its financial performance and cash flows for the year then ended; and
     (b)   Complies with the Local Government Act 2009, the Local Government Regulation 2012
           and Australian Accounting Standards.


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