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2015-02-03 Planning & Organisation Committee Agenda

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Page 42 of 122

Responsible
Service                           ACA lattes)                           SY LUE)                          Comments                                 Manager

                  redit Review ~ Undertake a QTC credit                              An updated 10 year financial model is to be provided to Financial Services
                eview to confirm Council’s long term                                 Queensland Treasury Corporation (QTC) by 30 January    Manager
                inancial sustainability                                              2015, and meetings will be scheduled for February / March
                                                                   On Track          to undertake the review. Outcomes of the review to be
                                                                                     provided by QTC in May 2015, with presentation of
                                                                                     outcomes to Council post May 2015.

                Financ ial Reporting 7 Enhance financial                             Revised reporting formats were discussed with Council in Financial Services
                reporting to Improve financial management                            September 2014, and incorporated into monthly reports for Manager
                practices and support project financial and                          August to the September 16 Committee meeting. Ongoing
                 ost benefit analysis                              Completed         review of current reporting arrangements will occur to
                                                                                     ensure outputs meet Council needs.

                 arbon Trading - Establish carbon trading                            implications 'of the Carbon Tax repeal by the Federal  Director Corporate
                Processes                                                            Government on funds collected for future carbon liabilities Services
                                                                    On Track         are being investigated. Comments will be made on the
                                                                                     consultation paper issued by the Federal government
                                                                                     (closing date 12 February 2015).

                                                                                                                                                                Page 42 of 122
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