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Annual Report 2019-20

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          Noosa Shire Council


  The following table outlines the trunk infrastructure that was funded through infrastructure
  charges during the 2019-20 year.

   Trunk infrastructure                    Trunk               Locality        Method of          Value
   description                        infrastructure                            delivery         ($’000)
                                         network
   Upgrade existing trunk                 Transport           Noosaville       Developer           5.4
   footpath along frontage
   Funding of loan repayment              Transport            Various             Council       1,956.7
   costs associated with loan
   funds raised historically to
   construct trunk infrastructure
   in the Noosa Shire




  Council’s long term financial plan, adopted as part of the 2020-2021 budget, provides a
  forward projection of anticipated infrastructure charges revenue and expenditure.


       Financial Year        2020-2021           2021-2022            2022-2023              2023-2024

            $’000               $’000                 $’000                $’000               $’000

   Infrastructure charges       1,475.7           2,000.0                  2,000.0            2,000.0
           revenue

    Trunk infrastructure        1,475.7           2,000.0                  2,000.0            2,000.0
       expenditure




                                                                                                           Community Financial Report

                                                                                                           OVERVIEW
                                                                                                           This report simplifies the detailed financial information that Council is required
                                                                                                           to prepare under legislation and provides a summary of Council financial
                                                                                                           performance for the 2019/20 financial year.
                                                                                                           The period ended 30 June 2020 represents another positive financial result for Council
                                                                                                           and provides a firm foundation for future operations. Ongoing innovation and a
                                                                                                           commitment to strong financial management through compliance with our Financial
                                                                                                           Sustainability policy will ensure that this position is maintained into the future.

Page 56                                                                                                                                                                                         Page 57

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