Meeting papers

SPECIAL MEETING                                                                        30 JUNE 2025


4.2         STATEMENT OF ESTIMATED FINANCIAL POSITION FOR THE 2024-25
            FINANCIAL YEAR


Author            Financial Services Manager, Pauline Coles
                  Financial Services | Corporate Services Department
Index             ECM/ Subject/ 7.43 - 2025-2026 Budget
Attachments        1.   Attachment 1 - Statement of Estimated Financial Position 2024-25


EXECUTIVE SUMMARY
The Statement of Estimated Financial Position must be presented to Council as part of the Council’s
annual budget meeting and is a requirement under section 205 of the Local Government Regulation
2012.

RECOMMENDATION
That Council note the report by the Financial Services Manager to the Special Meeting dated 30
June 2025 and pursuant to section 205 of the Local Government Regulation 2012 note the
Statement of Estimated Financial Position for the 2024/25 Financial Year, provided as Attachment 1
to the report.


REPORT
The Statement of Estimated Financial Position must be presented to Council as part of the Council’s
annual budget meeting and is a requirement under section 205 of the Local Government Regulation
2012.

The Statement of Estimated Financial Position is a document that states the estimated financial
operations and financial position of Council for the 2024/25 financial year. The financial statements
as provided in Attachment 1 provide a comparison between the 2024/25 original budget, and the
latest forecasted 30 June 2025 position (being the Budget Review 2 adopted at Council’s Ordinary
Meeting on 23 January 2025).

Link to Corporate Plan

Theme No. 5. - Excellence
This theme focuses on customer experience, financial sustainability, innovation and technology,
levels of service, governance, our employees and volunteers, funding streams and asset
management practices.

Objective 5.2 - Continue to deliver a financially sustainable Council that has the resources now and
into the future to achieve its strategic objectives. This will be supported through the introduction of
enhanced sustainability reporting and performance indicators, as well as ESG (environment social
and governance) accounting practices as guided by statutory requirements.


Previous Council Consideration
Special Meeting Minutes, 28 June 2024, Item 2.2
That Council note the report by the Financial Services Manager to the Special Meeting dated 28
June 2024 and pursuant to section 205 of the Local Government Regulation 2012 note the Statement



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