FINANCIAL PERFORMANCE REPORT AUGUST 2026 · Report

ORDINARY MEETING                                                                17 SEPTEMBER 2026



Measures of Financial Sustainability
As previously agreed with Council, reporting on the relevant measures of financial sustainability now
occurs on the financial results for September, December, March and June of each financial year.

Removal of Credit Card Surcharge Service Fee

Council's 2026/27 Fees and Charges Schedule currently include a 0.55% Credit Card Surcharge
Service Fee. From 1 October 2026, card surcharges will no longer be permitted in Australia.
Accordingly, it is proposed that the 0.55% Credit Card Surcharge Service Fee be removed from
Council's Fees and Charges Schedule effective 1 October 2026. This amendment will ensure
Council's Fees and Charges Schedule remains current and compliant with the applicable regulatory
requirements.

The proposed Fees and Charges amendment has no material impact on Council's operating position
or overall revenue base, as the credit card surcharge offsets merchant transaction costs incurred by
Council.


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.




Previous Council Consideration
Adoption of the 2026/27 Budget at Council's Special Meeting on 23 June 2026 and adoption of the
2026/27 Revised Budget (BR1) at Council's Ordinary Meeting on 20 August 2026.


Finance
To meet its monthly reporting obligations under section 204 of the Regulation, a monthly financial
report is to be provided to Council for its information.

This report complies with section 204 of the Regulation, providing Council with a report on its financial
performance to 31 August 2026 against the Revised Budget for the 2026/27 financial year, as
adopted by Council on 20 August 2026.


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