Meeting papers

GENERAL COMMITTEE MEETING                                                          19 JANUARY 2026

* Payments received from roughly 2,000 properties.

      •   Councillor Phillips: Asset management, capital works and renewal:
Please note Attachment 5 (Capital Performance) contains charts on actuals to budget. Further detail
to be provided through budget workshop proceedings.


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
Nil


Finance
To meet its monthly reporting obligations under section 204 of the Regulation 2012, a monthly
financial report is to be provided to Council for its information. This report complies with section 204
of the Local Government Regulation 2012, providing Council with a report on its financial
performance to 31 December 2025 against its Revised Budget for the 2025-26 financial year as
adopted by Council on 21 August 2025.


Risk & Opportunities
Council’s risk register identifies a number of risks that could impact on its ongoing financial
sustainability.

In order to manage and mitigate these risks, Council uses various tools which include monthly
ongoing financial reporting to identify and address emerging issues, conservative budgeting,
compliance with the Financial Sustainability Policy, regular budget reviews, effective liquidity
management (to ensure sufficient fiscal flexibility), as well as adhering to the Reserves and
Restricted Cash policy which requires that Council maintains both a disaster management reserve
and a minimum 3 months cash cover to fund emergent matters.

At 31 December 2025, noting the financial impacts of the reclassification of WIP projects and delays
to the capital works program, there are no other significant identified financial risks that will impact
Council's forecasted financial position at 30 June 2026.




Human Rights




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