2015-11-16 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                              16 NOVEMBER 2015



              Bendigo
       Suncorp 6%
          9%                                                                           A2
                                                                                    A1 6%
    Westpac                                                                         9%
     6%
                                         QTC                                                           A1+
                                         47%                                                          (QTC)
                                                                                                       47%
                                                                              A1+
                 NAB                                                         (Other)
                 27%                                                          38%

                                                   CBA
                                                   5%




The actual interest revenue for the month was $162,291 with a weighted average yield of 2.77%
against the industry benchmark (Bloomberg AusBond Bank Bill Index) of 2.27%.

Previous Council Consideration

Nil

Finance & Risk

Monthly financial performance is monitored across all operational areas to ensure Council’s
forecast operating result is achieved.

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     Chief Executive Officer                x   Community Services                    x    Corporate Services
      Executive Officer to the Mayor & CEO       Community Facilities                       Financial Services
      Executive Support                          Community Development                      ICT
                                                 Libraries & Galleries                      Procurement & Fleet
                                                 Local Laws                                 Property & Facilities
                                                 Waste & Environmental Health               Revenue Services

x     Executive Office                       x   Planning & Infrastructure
      Community Engagement                       Building & Plumbing Services
      Customer Service                           Civil Operations
      Economic Development                       Infrastructure Planning & Design
      Governance                                 Planning & Environment
      Human Resources                            Strategic Land Use Planning
      Sustainability




                                                                                                        Page 15 of 20