07 Financial Performance Report - Jan 2025

GENERAL COMMITTEE MEETING                                                                 17 FEBRUARY 2025


•       Economic conditions affecting ratepayers’ ability to pay rates;
•       Market driven increases in construction and operational costs significantly above estimates;
•       Labour and material shortages and delays.
•       Strategies, plans and projects deliverables that have not been accurately costed
•       Fraud attempts may result in financial impacts to Council if funds cannot be recovered
•       Reliance on non-recurrent revenue streams (ie interest revenue on grants and short term cash
        holdings) to fund business as usual operations may result in higher rate increases in future years
        or service level cuts to fund potential shortfalls.

Human Rights
Human Rights Compatibility Statement
In developing this Report, the subject matter has been considered in accordance with the
requirements of the Queensland Human Rights Act 2019. It is considered that the subject matter
does not conflict with any human rights and supports a human rights approach to decision making
by Council. Council representatives will endeavour to act and make decisions under this report in a
manner that is compatible with human rights. This report should be read in conjunction with Council’s
Human Rights Policy.

Consultation
External Consultation - Community & Stakeholder
Nil


Internal Consultation
All areas of Council are consulted as part of the regular monitoring of budget performance.
Departments consulted:
        Office of the CEO, Mayor &               Community Services               Corporate Services
                Councillors
         Mayor & Councillors               X   Director                    X   Director
    X    Chief Executive Officer               Community Development       X   Financial Services
         Executive Officers                    Sport & Active Lifestyles       Fleet
         Community Engagement                  Arts & Culture                  Revenue Services
         People & Culture                      Community Connection            ICT
         Governance                            Customer Experience             Procurement

                                                                               Commercial Property

         Strategy & Environment                Development & Regulation        Infrastructure Services
    X    Director                          X   Director                    X   Director
         Strategic Land Use Planning           Development Assessment          Infrastructure Planning, Design
                                                                               and Delivery
         Economic Development          &       Local Laws                      Civil and Asset operations
         Destination Management
         Environmental Services                Environmental Health            Waste
         Innovation & Digital Hub              Building & Plumbing             Building & Facilities
                                               Property / Permits              Disaster Management