2019-08-06 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                          6 AUGUST 2019


CORPORATE SERVICES DEPARTMENT

BRANCH ACTIVITIES                      RECENT ACHIEVEMENTS                          CURRENT PRIORITIES                               THE NEXT QUARTER
Directors Office

Revenue Diversification Project           Initial working team meetings to           Working team to review and finalise            Commencement of pilot projects.
                                            establish project scope and explore          strategy and project plan.
                                            options.                                   Identification of initial pilot projects.
Grant Funding Opportunities               $2.8m grant application successful         Continue to monitor external funding           Continue to monitor external funding
                                            for Hinterland Playground under the          streams for future grant                         streams for future grant
                                            State Government 2019-2021 Local             opportunities.                                   opportunities.
                                            Government Grants and Subsidies
                                            program.
                                          Additional $2.2m Federal bridge
                                            grant funds secured for Orealla
                                            bridge replacement.
Financial Services

Budget                                    2019/20 budget adopted at Special          Finalisation of BR1 budget                     Further refinements to enterprise
                                            Meeting 28 June 2019.                        carryovers.                                      budget system (EBS) to enable its
                                                                                       Ongoing monthly budget reporting                 use for budget reviews.
                                                                                         and support.
Assets                                    Capitalisation of constructed and          Finalise streamlined asset data                Continued asset capitalisation to
                                            developer contributed assets to              capture procedures.                              address backlog in Work in Progress
                                            complete the year-end process.             Commence the first stages of the                 (WIP).
                                          Assess desktop indexation                    three year asset data improvement              Commence scope and tenders for
                                            revaluation outcomes for all asset           project.                                         2019/20 comprehensive valuation of
                                            classes.                                                                                      buildings and stormwater assets.
Statutory Reporting, Risk Management      QAO interim audit completed for the        Preparation for 2018/19 year-end               QAO final external financial audit in
and Audit Compliance                        2019 year.                                   financial statements and statutory               September 2019.
                                          Review the implications of changes           reports.
                                            to accounting standards.
Treasury, Investments and Banking         Early repayment of $10 million of old      Investment portfolio managed to                Review of Corporate Purchase Card
                                            loan borrowings following liquidity          ensure optimal return for Council in             Policy to ensure optimal use of
                                            review.                                      alignment with Investment Policy                 purchasing cards and effective
                                          QTC credit review finalised assess           requirements.                                    management of fraud risk.
                                            council’s credit rating for loan
                                            borrowings.


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