FURTHER REPORT - TOURISM NOOSA FUNDING AND PERFORMANCE DEED 2026–2029 · Committee to Council

ORDINARY MEETING                                                                   18 JUNE 2026


GENERAL COMMITTEE RECOMMENDATIONS DATED 9 JUNE 202


11.2.12 FURTHER REPORT - TOURISM NOOSA FUNDING AND PERFORMANCE
        DEED 2026–2029




COMMITTEE RECOMMENDATION TO COUNCIL


That Council
A. Note the report by the Chief Executive Officer to the General Committee dated 13 April 2026 and
   this Further Report to the General Committee dated 9 June 2026 regarding the Tourism Noosa
   Funding and Performance Deed 2026–2029;
B. Note that, in response to Council’s resolution of 16 April 2026, the Deed Schedules have been
   revised to:
       i.   Separate Agreed Obligations and Deliverables (Schedule 1) from performance
            measures;
       ii. Introduce a Balanced Scorecard framework of KPIs in Schedule 2; and
       iii. Simplify the performance-based funding adjustment model in Schedule 3;
C. Approve the revised Tourism Noosa Funding and Performance Deed 2026–2029 with Tourism
   Noosa Ltd for a term of three (3) years, commencing 1 July 2026 and ending 30 June 2029, for
   funding of $2,000,000 per annum (ex GST), with CPI indexation applied from the second year of
   the Term, capped at a maximum of 3.5% per annum, subject to the terms and conditions of the
   Deed as provided at Attachment 1;
D. Note that funding will be paid in three instalments, with the second instalment subject to a
   performance-based adjustment of up to $350,000, based on Council’s assessment of
   performance against the Schedule 2 KPIs using the scoring methodology set out in Schedule 3;
E. Note that failure to deliver Schedule 1 Agreed Obligations may constitute a breach of the Deed
   and is managed through the Deed’s compliance and governance provisions, separate from the
   performance adjustment framework;
F. Authorise the Chief Executive Officer to:
       i.   Finalise and execute the Tourism Noosa Funding and Performance Deed 2026–2029,
            including any minor or administrative amendments required; and
       ii. Administer the Deed in accordance with its terms.