Meeting papers

SERVICES & ORGANISATION COMMITTEE MEETING                                                     7 MAY 2024


6.1       CAPITAL PROGRAM 2023/24 DELIVERY STATUS


Author               Infrastructure Planning Officer , Melissa Shepherd
                     Infrastructure Planning Design & Delivery | Infrastructure Services
                     Department
Index                ECM\Subject\2022-2023 Capital Works Program
Attachments          None


EXECUTIVE SUMMARY
      •   This report provides a status update for the Capital Works Program as at 31 March 2024.
      •   The total budget provision (Budget Review 2) for capital works for 2023/2024 financial year
          is $45.9m, inclusive of carry forwards of $19.5m. Projects in direct control of the Infrastructure
          Team is $37.3m. Other capital projects, such as ICT and fleet, is $8.6m.
      •   As at 31 March 2024, Council has expended a total of $22m (48%) of the 23/24 financial year
          budget with another $10.8m in commitments.
      •   The ongoing reduced availability of contractors, resources, equipment and materials and a
          very busy construction industry continues to add constraints to delivery. Projects continue to
          be managed within overall budget and time limitations to the extent possible.
      •   Exceptional wet weather conditions during the first quarter of 2024 has significantly
          hampered delivery. By way of example, March 2024 experienced rainfall on 28 days.
      •   The road reseal program has expended $4.2m of the $5m budget for 23/24 financial year.
      •   Council has a current forecast of grant funding revenue of $7m while Council’s contribution
          to these projects is $13.1m, while capital projects funded entirely by Council total $25.8m.
      •   The Design Services Team are currently managing 20+ capital design projects and continue
          to provide design and survey support over 60 projects in the 2023/2024 financial year.
      •   The Planning Team is currently supporting key master planning initiatives with multiple sub-
          projects; The estimated value in 2023/2024 is $1.7m with an estimated future project
          investment value of $55m+.
      •   There are currently 53 multi-year projects in various stages of completion.
RECOMMENDATION
That Council note the report by the Infrastructure Planning Officer to the Services & Organisation
Committee Meeting 7 May 2024 providing an update on the delivery of the 2023/24 Capital
Program as at 31 March 2024.

REPORT
This report is to inform Council of the overall status of the Capital Works Program at the end of
March 2024, marking the end of the 3rd quarter of the 2023/2024 financial year.

The report provides key information relating to projects within the Capital Works Program and
confirms the delivery status of some projects undertaken during the 3rd quarter of the financial
year.




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