2015-08-18 Planning and Organisation Committee Agenda

PLANNING & ORGANISATION COMMITTEE MEETING AGENDA                                     18 AUGUST 2015




                  Suncorp          Bendigo                               A1                   A2
                    4%               3%                                  3%                   3%

                   NAB
                   10%
                                                                    A1+
                                                                   (Other)
                                                                    35%                A1+
               CBA
                                           QTC                                        (QTC)
               24%
                                           59%                                         59%




The actual interest revenue for the month was $122,967 with a weighted average yield of
2.62% against the industry benchmark (Bloomberg AusBond Bank Bill Index) of 2.16%.
Previous Council Consideration
Nil
Finance & Risk
Final figures as at 30 June are still to be completed, awaiting information related to the
movement in value for Council’s shareholding in Unitywater. As such, figures shown in the
Statement of Financial Position are interim only. Unexpended grants and uncompleted
capital works will be the subject of a separate report to the General Committee on 24 August
2015 for carryover into 2015/16 and there may be some changes to the budgeted operating
result as a consequence.
Draft financial statements will be presented to the Audit Committee in late August prior to
submission for Audit.

Consultation
External Consultation - Community & Stakeholder
Nil
Internal Consultation
All areas of Council are consulted as part of the regular monitoring of budget performance.
Departments/Sections Consulted:
x     Community Services                         x   Planning & Infrastructure
      Disaster Management & Public Order             Building & Plumbing Services
      Waste & Environmental Health                   DA Planning
      Community Facilities                           Strategic Land Use Planning
      Cultural Facilities                            Asset Design & Investigations
                                                     Asset Planning
                                                     Civil Operations
                                                     Environment

x     Executive Office                           x   Corporate Services
      Community Engagement                           Finance
      Customer Service                               ICT
      Executive Support                              Procurement & Fleet
      Governance                                     Property & Facilities
      Human Resources                                Revenue Services




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