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         Noosa Council
2018-19 Annual Report

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Section 2

                                                                                                               Peregian Beach Digital Hub




About this report

This is Noosa Shire Council’s Annual Report 2018-2019. It is a comprehensive summary of our performance from July 1 2018
to June 30, 2019.

Acknowledgements

Council thanks all contributors and stakeholders involved in the development of this report.

Council acknowledges the Traditional Custodians of the land and pays respect to Elders past and present, and the broader
Aboriginal and Torres Strait Islander community of Noosa Shire.

Copyright

© Noosa Shire Council. Noosa Shire Council supports and encourages the dissemination and exchange of information.
However, copyright protects this publication. Noosa Shire Council has no objection to this material being reproduced, made
available online or electronically but only if it is recognised as the owner of the copyright and this material remains unaltered.

All images within this report are © Noosa Shire Council unless credited otherwise.

Licence: This work is licensed under the Creative Commons CC BY 4.0 Australia Licence. You are free to copy and distribute
this material in any format, as long as you attribute the work to Noosa Shire Council and indicate if any changes have been
made. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/.

Attribution: Noosa Shire Council

Section 3

Table of Contents
Introduction                          4    Significant business activity       40
                                           Commercial business units           40
About Noosa                            4
                                           Competitive neutrality              40
Noosa at a glance                      5
                                           Summary of concessions for rates
Message from the Mayor                 6    and charges                        40
Message from the CEO                   8   Deferment for Pensioners            41
Councillors                           10   Pensioner Concessions               41
                                           Invitation to change tenders        41

Our Organisation                      11
About Council                         12
                                           Community                           42
Organisational Structure              12    Financial Report
                                           Background                          43
                                           Highlights and achievements         43
Year in Review                        13   Where was the budget spent?         43
Top ten highlights                    14   Statement of comprehensive income   44
The Noosa Environment                 16   Operating revenue –
The Noosa Community                   18    where the money came from          44

The Noosa Economy                     20   Operating expenditure –
                                            where the money goes               45
Long term planning for Noosa          22
                                           Statement of financial position     45
Excellence as a Council               24
                                           Assets – what we own                46
                                           Liabilities – what we owe           47
Reportable                                 Statement of changes in equity      47

 Disclosures                          27   Statement of cash flows             47
                                           Financial ratios                    48
Information relating to Councillors   28
                                           Operating surplus ratio             48
Overseas travel                       31
                                           Net financial liabilities ratio     49
Complaints about Councillors          31
                                           Asset sustainability ratio          49
Executive remuneration                32
                                           Summary                             49
Equal opportunity employment          33
Administrative Action Complaints      33
Right to Information and Privacy      34   Financial Statements                50
Council Registers                     34
Audit and Risk Committee              35
Internal Audit                        35
Grants                                35
Discretionary funds                   39
Beneficial enterprises                39
Business activities                   40

Section 4

                                                              Introduction




      About Noosa
      Noosa Shire is located in south-east               It is recognised as a UNESCO Biosphere and
      Queensland, about 120 kms north of the             has a proud history of preserving its natural
      Brisbane CBD. Situated at the northern tip of      environment. The Noosa River has an A rating
      Queensland’s Sunshine Coast, Noosa Shire           for water quality and thirty five percent of the
      covers an area of 872km2 and is home to more       Shire is protected as either national park,
      than 55,000 people.                                reserve or conservation area.

      The Traditional Owners and original custodians     Noosa Shire has an economy that is diversifying
      of the land were the Kabi Kabi / Gubbi Gubbi       beyond a thriving tourism industry. Noosa’s
      people.                                            economy relies significantly on the health,
                                                         profesional service, tourism, retail and
      Noosa Shire has a rich history and heritage from   construction sectors.
      the first peoples through European settlement to
      the present day.                                   It is home to more than 7000 businesses,
      Many of our towns and villages have retained       predominately small and micro, as well as
      significant numbers of heritage houses             successful entrepreneurs and skilled business
      and businesses, including many unique              people.
      ‘Queenslanders’.
                                                         Noosa enjoys a sub-tropical climate, beautiful
    Noosa Shire has ten State heritage listed            beaches, mountains and forests, which makes it
    properties, including the Lower Mill Site Boiler     one of Australia’s most desirable places to live,
    House and Kilns which is a Council owned and         work and visit.
Noosa Council | 2018/2019 Annual Report                                                          Page 4
    managed property - open to the public daily.

Section 5

Noosa at a glance

                                               Under 18 yrs 19.9%
                                                 18 - 24 yrs 5.3%
                                                 25 - 49 yrs 6.6%
                                                 50 - 69 yrs 32.4%

            55,369                              Over 70 yrs 15.8%
                                                                                                                    47
          Noosa’s population                              Population by age                                      Median Age



                                        Couples with children 22.8%
                                        Couples w/o children 31.9%
                                          One parent family 9.9%
                                           Group household 3.5%
                                               Lone person 22.4%
                                                      Other 9.5%
                                                                                                                  $1,191
            22,109                                        Household types                                   Median weekly
             Households                                                                                   household income




         $690,028                        $550                                 7,059                         $2.81 billion
      Median house price            Median house rental                   Local businesses                  Gross Regional Product



 Health Care                                                                                                Employed full-time   49.3%
   & Social Services      14.7%                                                                             Employed part-time 42.5%
                                  Main
 Accommodation                                                                              Employment      Unemployed - looking
   & Food Services        14.5%   Employment
                                                                                                 status     for full-time work    3.8%
 Retail trade             13.9%   Sectors                                                                   Unemployed - looking
 Construction
 Education and Training
                           9.3%
                           9.1%
                                                           24,923                                           for part-time work    2.9%
                                                          Jobs in Noosa




     18
   Hinterland
                                               11
                                             Coastal
                                                                                             872 km2
                                                                                               Total land area
    villages                                  towns



                                                  Source: Australian Bureau of Statistics




   Noosa Council | 2018/2019 Annual Report                                                                                    Page 5

Section 6

Message from the
Mayor
Whew! 2018-19 was quite a year for
Noosa Council, involving a number of
big vision projects. What’s more, we
finished the financial year with a solid
fiscal performance.
Let’s begin with the Yurol/Ringtail Forest Conservation
Project. While the groundwork was prepared in
preceding years, 2018-19 saw the actual signing of the
landmark agreement between the State Government,
Noosa Parks Association and Noosa Council to
purchase plantation rights from HQ Plantations.             houses 18 businesses employing 55 people. In fact, 2
                                                            new businesses were birthed at the Hub, which also
Within ten years, this project will see 2,400 hectares of   hosted multiple workshops, events with quality speakers,
rehabilitated plantation and state forest land added to     and at the time of writing was providing entrepreneurial
the conservation estate as national park. This wildlife     support to 27 companies. The Hub has also focussed
corridor will provide connectivity between the hinterland   on the next generation of entrepreneurs and technical
and the Cooloola section of the Great Sandy National        wizards, with after-school inventor and robotics clubs,
Park – a wonderful result for our local koalas and many     and 10 high school students being mentored.
other endemic species.
                                                            The Noosaville Library refurbishment and expansion
                                                            was completed and opened by the Minister for Local
The stunning boardwalk that connects Little Cove
                                                            Government, Stirling Hinchliffe. The new-look library
with the entrance to the headland section of the Noosa
                                                            includes a maker space, meeting room, dedicated
National Park was also completed. This magnificent,
                                                            history room, and outdoor wi-fi area. It is also much
bespoke structure, designed to minimise impact on the
                                                            more spacious, whilst retaining the integrity of the
landscape, really has that “wow” factor. It won an award
                                                            original architecture.
for environmental excellence before it was even open to
the public and has since won further building awards.       The library extension was partly achieved with a State
                                                            Government grant, and in this regard, Noosa Council
                                                            has been served very well with grants funding. A total of
                                                            $8.3M, including the Federal Financial Assistance Grant,
“The stunning                                               has been received through the 2018-19 financial year.

boardwalk ... won an                                        But good financial management requires much more
                                                            than successful grant applications. And so, once again,
award before it was even                                    we completed the year with a small surplus. But we also
                                                            managed to pay down $10 million from our historical
open to the public”                                         inherited debt, significantly reducing this high-interest
                                                            burden from future councils.
The Peregian Digital Hub exceeded expectations as it
ventured forth in its first year of operations. Under the
masterful guidance of Chris Boden, the facility now




Noosa Council | 2018/2019 Annual Report                                                                      Page 6

Section 7

The gargantuan task of writing the Draft Noosa Plan was     I want to thank my fellow Councillors and all of our
completed so that it could be released for community        wonderful Council staff for their efforts throughout
consultation. That brings a four-year journey to near       2018-19.
completion. Our Strategic Planning team have done
a mighty job preparing not only the Draft Plan and          Best wishes
Strategic Framework, but also a whole host of additional
reference material to help guide residents through the
arcane maze of the planning scheme.

On the planning assessment front, Council assessed          Tony Wellington
479 development applications. Only 20 were refused –        Mayor of Noosa
meaning 96% of all development applications that were
submitted to Council were approved.

Throughout the financial year, a range of activities were
undertaken to help propel us towards our 2026 zero
emissions target including installing over 1,100 solar
panels. All of these actions will generate long-term cost
savings for Council and our ratepayers.



“...propel us towards
our 2026 zero
emissions target”
A couple of stakeholder reference groups were also
established. The most innovative of these was the
Sustainable Tourism Stakeholder Reference Group,
consisting of representatives from key business, resident
and environment groups along with Tourism Noosa and
Council.

I am not aware of any previous attempt by Noosa
Council to gather so many community groups to grapple
with such a big issue. It is hoped that this reference
group will provide advice to Council on what sustainable
tourism should look like for Noosa, and perhaps how we
may reach that lofty goal.

Of course, this introduction really just skims across
the highlights of an exceptionally productive year for
Noosa Council. I believe this Council continues to set a
high benchmark for excellent management and service
delivery which is what our community expects and
deserves.




Noosa Council 2018/2019 Annual Report                                                                              Page 7

Section 8

Message from the
CEO
Welcome to the 2018/19 Annual Report.
As we all know, annual reports can be quite bland as
they contain quite a lot of statutory and corporate type
information and, of course, not forgetting a set of audited
financial statements. As such, they are not generally
interesting reading for most people but I would urge you
to take the time to review this annual report because it is
one that we are very proud of.

As well as demonstrating the necessary compliance and
provision of statutory information, more importantly it
highlights what has been achieved in the last 12 months.      “.. put in place a
In particular, the section on “The Year in Review”
highlights our progress towards achieving our long-term
                                                              process to preserve
goals is a great read.
                                                              2,400 hectares of
In his introduction, Mayor Tony Wellington has
highlighted some of his favourite projects and outcomes       land”
of the last 12 months. Even a quick read of our “Top 10       Similarly, the Noosa Heads Boardwalk opened to
achievements” will give you a good understanding of the       widespread community acclaim with people amazed at
range of things that have been achieved in the 2018/19        the quality and “Noosa style” of the construction. That’s
financial year.                                               not surprising given that careful planning and design
When we start major projects winning awards is not            took place over a number of years to make sure we got
something that is on our mind but it is certainly nice        this perfect.
when it happens. There is something very satisfying           Working closely with an excellent contractor with some
when you get recognition from industry experts about          construction parameters requiring 1 mm tolerances, the
the quality of your projects and we have had some             new boardwalk opened just in time for the 2018 triathlon
welcome recognition recently.                                 weekend. It has gone on to win a national landscaping
The ground breaking Yurol/Ringtail Conservation               award for Council and two master builder awards for our
Project has won both a Queensland Local Government            contractor Hutchinson Builders.
Managers Award for Excellence in Collaboration and            For those that have walked the boardwalk, particularly
has then gone on to win a National Local Government           on sunset, it is a classic Noosa project that has the ‘wow’
Professionals Award for Excellence in Collaboration for       factor because it blends in with nature and is a great
the best project of its type in Australia.                    example of our Noosa Design Principles.
This long-term conservation project bought together           These are just two of the amazing projects which are
five different parties to collaboratively work towards        highlighted in this annual report.
a regional scale conservation project to create koala
corridors and put in place a process to preserve 2,400        Given that we are now five years into our journey
ha of land for the Noosa conservation estate.                 following de-amalgamation, it is also really pleasing to
                                                              report that sound financial management over that period
                                                              has enabled our Council to make an extra $10,000,000



Noosa Council | 2018/2019 Annual Report                                                                          Page 8

Section 9

payment off our debt. This is a bit like saving up extra money
on the home budget and then paying down your mortgage
ahead of time. It’s hard work but has great benefits in the
long term. That’s one of the things about this Council - it
always takes a long-term view.

The Noosa community is incredibly lucky that it has such
wonderful staff working for its local Council. These are staff
that every day patch potholes, help people at the library, work
with local businesses on the local economic plan, keep our
parks and public spaces looking great, help our elderly at our
Noosa Community Care Centre – the list goes on. Our staff
have passion and the opportunity to make a difference every
day to the community that we live in and serve. It’s more
than just a job for our staff. You might not know that they also
volunteer in our community with some staff giving up lunch
breaks to help with Meals on Wheels deliveries, other staff
volunteering at the Community Hub to support homeless
people, other staff helping to raise funds for breast cancer –
the list goes on.

Many of our staff are also embedded in Noosa community
groups, volunteering on local committees and helping out at
a grass root level. It’s that passion to make a difference that
separates our Council staff from many “public sector” staff
working in other levels of government.

We are lucky to have this level of commitment and I would
like to publicly thank each and every one of our Council staff
for their commitment and dedication.

Please enjoy reading this annual report. We are very proud
of it and what has been achieved.




Brett de Chastel
Chief Executive Officer




Noosa Council 2018/2019 Annual Report                              Page 9

Section 10

Councillors
Noosa Shire is represented by the Mayor and six Councillors who were elected at the Local Government elections in
April 2016. Our Councillors represent all areas of the Shire as Noosa is an undivided local government area.




From left to right:

Cr Frank Pardon, Cr Joe Jursevic, Cr Brian Stockwell, Mayor Tony Wellington, Cr Ingrid Jackson, Cr Jess Glasgow and
Cr Frank Wilkie (Deputy Mayor).




Noosa Council 2018/2019 Annual Report                                                                         Page 10

Section 11

                                                  Our
                                          Organisation




Noosa Council | 2018/2019 Annual Report            Page 11

Section 12

 About Council
 The Noosa Shire Council was created in 1910 under the             The current Noosa Council was elected in 2016, and comprises
 Queensland Local Authorities Act of 1902.                         7 elected Councillors, including the Mayor.
 In 2008, the Shire was amalgamated with Maroochy Shire and        The next council elections will be held in March 2020.
 Caloundra City Councils to form the Sunshine Coast Regional
 Council.

 Noosa Council was re-established as a local government on
 1 January 2014 after the Noosa community campaigned for a
 number of years to restore its own local government.




 Organisation structure

                         CEO’s Office              Chief Executive Officer               Internal Audit




   Infrastructure                Executive               Environment and               Community                    Corporate
      Services                    Services           Sustainable Development            Services                    Services

• Infrastructure Planning,    • People & Culture     • Economic Development        • Comm Development            • Financial Services
  Design & Delivery           • Governance           • Building & Plumbing         • Comm Facilities Mgmt        • Revenue Services
• Asset Mgmt                  • Customer Service     • Strategic Land Use          • Libraries & Galleries       • ICT
• Buildings & Facilities      • Community              Planning                    • Local Laws                  • Property
• Civil Operations              Engagement           • Development Assessment      • Waste & Env. Health         • Procurement & Fleet
• Civil Works Maint.                                 • Environmental Services      • Noosa Aquatic Centre
• Civil Operations (Parks                                                          • Noosa Comm Support
 & Gardens)                                                                        • Noosa Leisure Centre
                                                                                   • The J & Bicentennial
                                                                                     Hall




     Noosa Council | 2018/2019 Annual Report                                                                       Page 12

Section 13

Year in Review                                                    Council’s progress towards achieving them is set out on the
                                                                  following pages.

                                                                  Council’s Operational Plan 2018/19 detailed the major
This section of the Annual Report looks at Council’s progress     priorities and initiatives that Council undertook to work towards
in achieving the goals set out in its Corporate Plan 2017-2037.   the implementation of the Corporate Plan.
Noosa Council adopted its Corporate Plan in January 2017
and more recently, in September 2018, adopted an update to        Throughout the year, the CEO provided Council with quarterly
that document.                                                    reports looking at progress of the Operational Plan and details
                                                                  of Key Performance Indicators. The CEO also provided a
The Corporate Plan sets out Council’s long term strategies        separate report at the end of the financial year to Council on
and priorities. It also sets out Council’s values and vision -    the progress towards achieving the Corporate Plan outcomes.
“Noosa Shire - different by nature”.                              Both the quarterly and annual reports to Council are made
                                                                  available to the public via Council’s website.
The Corporate Plan identifies five themes, a series of long
term goals and key focus areas for 2017-2022.




                                                                                            Park Road Boardwalk, Noosa Heads

Noosa Council | 2018/2019 Annual Report                                                                         Page 13

Section 14

Top ten highlights of 2018/19 (in no particular order)

                                         Signing of the Yurol/Ringtail Conservation Project c ontracts to create a
                                         significant koala protection area in the long term (this project won both the
                                         Queensland and Australian Local Government Awards for Excellence in
                                         Collaboration).




                                         Undertaking the drafting, State Interest Check and an extensive public
                                         consultation process for the draft Noosa Planning Scheme.




                                         Implementing the Go Noosa Transport Strategy which included a 40%
                                         increase in users of the free bus service.




                                         Opening the Noosa Heads Boardwalk project to significant acclaim (this
                                         project won an Australian Institute of Horticulture Green Space Award).




                                        Adopting the Noosa Environment Strategy and Action Plan after an extensive
                                        community engagement process.




Noosa Council 2018/2019 Annual Report                                                                         Page 14

Section 15

                                        Re-opening the Noosaville Library after a major refurbishment and extension
                                        including the introduction of RFID technology and a new Makerspace area.




                                        Finalising asset management plans for all of our major asset classes to
                                        improve how we manage these assets on behalf of the community.




                                        Official opening of the Peregian Beach Digital Hub and a successful launch of
                                        innovative programs to grow the digital economy.




                                        Undertaking our two yearly Community Satisfaction Survey, measuring the
                                        overall weighted performance index of satisfaction with Council as 74.59% (up
                                        from 73.20% in 2017).




                                          Finalising a liquidity review by Queensland Treasury Corporation which
                                          resulted in an early payment of $10 million off Council’s debt.




Noosa Council 2018/2019 Annual Report                                                                             Page 15

Section 16

Corporate Plan Theme 1 - The Noosa Environment

“Our environment is protected and enhanced and is valued by the community”


 Key achievements as we work towards our long term goal         »» Council has successfully prepared for the introduction
 include:                                                          of the State government $75 per tonne landfill levy that
                                                                   commenced on 1 July 2019.
 Specific Operational Plan Priorities                           »» Council signed binding contracts with the State
 »» Council finalised an extensive consultation process            government, HQPlantations and the Noosa Parks
    in relation to its proposed Environment Strategy and           Association for the protection and restoration of major
    adopted a new Environment Strategy and Action Plan.            parts of the Yurol and Ringtail Forest areas. This is
                                                                   the most significant environmental project in recent
 »» Council consulted with the community on a first draft          years and will see almost 2,400 ha of land transition to
    of the Noosa River Management Plan. Based on that              protected conservation tenure over the next 10 years
    feedback, further work was undertaken in relation to           providing regional scale environmental connectivity,
    fisheries. Council has finalised that additional research      particularly for koala corridors. This project has also
    and will consult further with the community on the             won both a State and National Local Government
    second draft of the Noosa River Management Plan.               Award for Excellence in Collaboration.
    Council has also made a submission to the State
    Government of their fisheries reform program.               Other initiatives to enable Council to achieve its goal for
 »» Work on our Waste Reduction and Recycling Plan has          this theme
    continued in 2018/19. This included significant media       »» Council provided ongoing support to the Boomerang
    coverage and school education sessions. Council also           Alliance in their campaign for a Plastic Free Noosa.
    opened its Education Centre at the Eumundi Road
    Resource Recovery Centre to support the education           »» Council is continuing to implement its Zero Emissions
    and behavior change of students and community                  Strategy focused on achieving net zero emissions by
    members regarding waste management, re-use and                 2026. Council has rolled out the installation of over
    recycling.                                                     1,100 solar panels across major Council buildings.
                                                                   Other energy efficiency initiatives have included
                                                                   retrofitting light fittings and these actions have already
                                                                   reduced Council’s emissions and significantly reduced
                                                                   electricity costs. Solar has been installed at the
                                                                   following locations:
                                                                   • Tewantin Administration building
                                                                   • Noosaville Depot
                                                                   • Noosa Leisure Centre
                                                                   • Pomona Depot
                                                                   • Cooroy Library
                                                                   • Noosa Aquatic Centre
                                                                   • The J
                                                                   • The Respite Centre




 Waste reduction school education session

 Noosa Council | 2018/2019 Annual Report                                                                       Page 16

Section 17

»» Council launched its Environment Grants program             Council adopted Policy Guidelines for Conservation
   allocating funds towards community projects that            Land and Private Land Conservation Partnerships
   protect and enhance the Noosa environment. This             and Revolving Fund Guidelines in September 2018.
   entailed project grants for community organisations
   such as Noosa and District Landcare Inc, Mary            »» Council assisted in facilitating the 10 year
   River Catchment Co-ordination Association Inc,              renewal process for the Noosa Biosphere
   Zero Emissions Noosa Inc and Reef Check Australia           Reserve recognition from UNESCO. A detailed
   Foundation. Partnership funding was also provided           and comprehensive submission was lodged
   to Noosa and District Landcare Inc and Noosa                with UNESCO via the federal government. This
   Integrated Catchment Association Inc.                       submission received positive feedback from the
                                                               relevant UNESCO committees and Council is
»» Council installed lateral gas lines at Eumundi              awaiting formal advice following that process.
   Road Resource Recovery Centre to improve the
   capture of methane gas for flaring and reducing the      »» Council passed a resolution declaring Noosa a “Coal
   environmental impacts of methane gas.                       Mining and Coal Seam Gas Extraction Free Shire” to
                                                               make it clear that these activities are not in keeping
»» Council agreed to enter into a partnership agreement        with Noosa’s environmental values.
   with The Nature Conservancy (a major environmental
   organisation) to undertake a three year project to       »» Council has addressed a range of significant
   restore oyster reefs in the Noosa River. This included      planning and environment applications during the
   funding from The Nature Conservancy of $1.2M with           last 12 months. During that period, Council approved
   that funding being matched by Council’s financial           95.8% of these applications (459 out of 479
   contribution.                                               applications were approved).

»» Council agreed to enter into a Memorandum of
   Understanding with Unitywater, Sunshine Coast
   Regional Council and Moreton Bay Regional Council
   to explore options for an organic waste processing
   facility in the region. The project is ongoing with
   options currently being considered by the project
   partners.

»» Council undertook an inspection program for
   environmental compliance at industrial premises with
   good support from business owners. Council decided
   to undertake annual inspections in future years with
   no financial impost on businesses for the 2019/20
   financial year.

»» Council increased the number of properties
   participating in the Land for Wildlife program from
   288 to 314. Council also facilitated a number of
   events to help celebrate the 20th anniversary of the
   Land for Wildlife program.

»» Council expanded the Bushcare program with new
   volunteer groups being commenced at Rainbow
   Park, Elysium and Cooran Fodder Farm - the first
   new Bushcare groups for many years.                       Oyster Reef Project in the Noosa River

»» Council purchased a 51 ha property at Boreen Point
   through the Environment Levy program to add to
   the protected environment estate. To support our
   acquisition and environmental protection program,


Noosa Council 2018/2019 Annual Report                                                                         Page 17

Section 18

Corporate Plan Theme 2 - The Noosa Community

“Our community is connected, safe and happy and able to meet their potential”



  Key achievements as we work towards our long term goal     »» Council completed a $2.2M extension and
  include:                                                      refurbishment of the Noosaville Library. Radio
                                                                Frequency Identification (RFID) was installed as part
  Specific Operational Plan Priorities                          of this process and the extension included a new
                                                                Makerspace area and Heritage Library Room. The
  »» Council adopted a Cultural Plan and Action Plan in         Makerspace includes 3D printers, robotics and virtual
     December 2018 which is currently being implemented.        reality “hands on” activities.

  »» Council developed a draft Community Health and          »» Council has implemented the Sport and Active
     Wellbeing Plan following an extensive community            Recreation Action Plan. This has included activities
     engagement process. The plan will be adopted by            such as the “Come and Try sports days”, “Get out,
     Council in 2019/20, together with an implementation        Get Active Teenagers” and supporting the successful
     plan.                                                      World Surfing Reserve application. In conjunction with
                                                                Sunshine Coast Regional Council, Gympie Regional
  »» Council continued to invest in the maintenance of our      Council and the State government, our Council also
     community halls and facilities. We undertook periodic      adopted the “Regional Difficult to Locate Sports Plan”.
     painting of various community halls including the          This plan identified the ideal location across the
     Tinbeerwah Hall. We also undertook some upgrades           broader region for high noise impact sports.
     of community facilities including upgrading the air-
     conditioning and electrical systems at the Pomona       »» Council opened the Park Road Boardwalk following
     Community House.                                           an extensive community engagement process. The
                                                                construction was undertaken by Hutchinson Builders
                                                                and opened in late October 2018 just prior to the
                                                                Noosa Triathlon weekend to significant community
                                                                acclaim. This project has won Council an Australian
                                                                Institute of Horticulture Green Space Award. Our
                                                                contractor also won two Master Builders Association
                                                                Awards for this project.


                                                             Other initiatives to enable Council to achieve its goal for
                                                             this theme

                                                             »» Council launched and operated, in conjunction with
                                                                a range of community partners, the Social Services
                                                                Hub at Tait Duke House, Tewantin. The Hub serves
 Tinbeerwah Hall                                                as a one stop shop for a range of services for people
                                                                experiencing homelessness or who are at risk of
  »» Council has undertaken significant planning and            homelessness, and for community members who may
     design for the establishment of an iconic playground       face barriers to accessing social services.
     at Cooroy. This has included community consultation
     on the plan. Council was also successful in securing    »» Council continues to focus on recognising the
     $2.788M in funding from the State government               important role of volunteers in our community. A
     towards the project. Construction will commence in         series of videos were produced highlighting examples
     2019/20.                                                   of the work undertaken by volunteers and a “volunteer
                                                                recognition” event was hosted by Council.




  Noosa Council 2018/2019 Annual Report                                                                            Page 18

Section 19

»» Council passed a resolution in November 2018             »» Council has reviewed and updated its Community
   declaring Noosa as a Refugee Welcome Zone and               Engagement Policy. Significant community
   signed the Refugee Council of Australia’s Refugee           engagement projects in 2018/19 included:
   Welcome Zone Declaration.                                   • The draft Noosa Planning Scheme
»» Council has been active in supporting the local              • Proposal for a local law on advertising signage
   communities who have been affected by proposals for          • Events Policy
   the new Sunshine Coast Airport flight paths. Council         • Environment Strategy
   has worked closely with Flight Path Forum Inc. as
                                                                • Draft Noosa River Plan
   part of the community based campaign to review
   the proposed flight paths and improve the level of           • Pioneer Park Upgrade at Cooran
   community engagement by Airservices Australia as             • Hinterland Park at Cooroy.
   part of that process.
                                                            »» Council has undertaken numerous Library and Gallery
»» There has been significant progress on the                  programs to support our community. Our Library
   backlog of community lease renewals. Following              Services have physically issued over 437,982 items to
   deamalgamation, we inherited more than 28 expired           our community during the last 12 months.
   leases and had quite a number of other community
   groups with no formal tenure arrangements. By 30         »» Our Noosa Aquatic Centre, Noosa Leisure Centre and
   June 2019, there were no community groups without           The J all had outstanding years. In terms of numbers,
   tenure arrangements in place and only 5 leases still        the NAC had 240,893 visits which is just under last
   awaiting renewal.                                           year’s number of visits, however the NAC closed in
                                                               June 2019 for major scheduled maintenance of the
»» Council undertook an Expression of Interest process         pool, roof and deck structures. The Noosa Leisure
   for the upstairs section of the Peregian Beach Surf         Centre had 127,580 visits which is up 19.9% on last
   Lifesaving Club building which generated significant        year but some of that increase can be attributed
   public interest. Following that expression of interest      to extra visitors to the temporary library while the
   process, Council agreed to issue a 3 year trustee           Noosaville Library refurbishment was underway. The
   permit to Surf Lifesaving Queensland Sunshine Coast         J had 90,992 visits which is up nearly 4% on the
   Branch.                                                     previous year.

»» Council has undertaken two community Council             »» Council took the lead on lobbying for reform to how
   meetings during 2018/19. In November 2018, we               electronic gaming machine approvals are managed
   held a Council meeting at Pomona and in May                 in Queensland. Council was successful in gaining
   2019, we held a Council meeting at Cooran. This             support for the Local Government Association of
   continues Council’s ongoing commitment to open              Queensland to lobby on behalf of Queensland councils
   decision making and provides an opportunity for             for legislative reform. Council also joined the Gambling
   more members of the public to attend Council                Alliance Reform Group – a group of like-minded
   meetings. In keeping with our ongoing commitment            councils across Australia lobbying for policy changes
   to transparency to the community, during the year we        that would reduce the negative impact of gaming
   only closed Council meetings on two occasions to            machines on local communities.
   deal with confidential matters. Council also improved
   our community’s access to Council meetings by            »» Council continued to provide its community grant
   instituting live streaming of Council meetings and our      program supporting our community groups. During
   General Committee meeting from February 2019.               2018/19, we provided $893,406 in community grants
   These videos are also available on Council’s YouTube        to 147 recipients to support projects, acquisition of
   channel for later viewing.                                  equipment or events. Council staff also facilitated a
                                                               number of evening information sessions for community
»» Council completed a detailed review of an Events            organisations to help improve their governance and
   Policy for our Shire. This included an extensive            grant writing skills. Details of the grant categories and
   community engagement process which culminated in            amounts are set out in this annual report.
   the adoption of Noosa Events Policy which is designed
   to provide clarity about the number and location of
   annual events.


Noosa Council | 2018/2019 Annual Report                                                                       Page 19

Section 20

Corporate Plan Theme 3 - The Noosa Economy

“Our economy is diverse and resilient”


 Key achievements as we work towards our long term         »» Council and Tourism Noosa worked together on
 goal include:                                                the Sustainable Tourism Stakeholder Reference
                                                              Group. This brings together approximately 15
 Specific Operational Plan Priorities                         different groups from the business, community
                                                              and environmental sectors to consider challenges
 »» The Peregian Beach Digital Hub was officially             associated with how Noosa can manage the
    opened on 12 September 2018. In its first year of         success it has achieved in becoming a premier
    operation, it has exceeded the proposed budget            tourism destination with increased visitation. The
    performance and has a solid tenant and co-worker          Sustainable Tourism Stakeholder Reference Group
    base. Council has an excellent Digital Hub Director       is continuing to meet to work towards an Accord and
    who has curated an interesting and industry relevant      Action Plan.




 Peregian Beach Digital Hub
                                                           Other initiatives to enable Council to achieve its goal for
     series of programs to grow the digital sector in      this theme
     Noosa. Council has also received a $75,000 State
     Government Grant to continue to grow the program      »» Council continued to work closely with Regional
     component at the Hub.                                    Development Australia (Sunshine Coast) on a range
                                                              of projects including the successful SCRIPT program
 »» Council continued to successfully implement its           to develop innovation on the Sunshine Coast.
    Local Economic Plan. Unemployment rates in
    Noosa continue to be below other areas – Noosa         »» Council facilitated the establishment of the Noosa
    5.7%, compared to the balance of the Sunshine             Education and Training Alliance – an alliance
    Coast, 6.3% and Queensland, 6.1%. Over 80% of             with representatives from all of the schools,
    the initiatives in the Local Economic Plan adopted        universities and training providers in Noosa
    in 2015 have been implemented or are substantially        working collaboratively to advance education and
    underway.                                                 training opportunities and pathways for the Noosa
                                                              community.




 Noosa Council | 2018/2019 Annual Report                                                                     Page 20

Section 21

»» Council has been negotiating with the State government        »» Council continued an audit of business signage across
   regarding the acquisition of the former TAFE site at             the shire and also provided information regarding signage
   Tewantin. These negotiations include Council making an           requirements to the operators while the audit was being
   offer to the State government to purchase the site but           undertaken. Council has also undertaken community
   no contract had been signed by the end of the 2019/20            consultation on proposed new signage laws.
   financial year.

»» Council invested in our Noosa River Holiday Park by
   replacing both the large and small amenity buildings. This
   continues to make this holiday park a highly attractive
   destination with almost 96% occupancy rates for 2018/19.

»» Council staff worked closely with the Noosa Junction
   Association throughout 2018/19 assisting them with the
   implementation of their plan to regenerate the Junction. A
   number of joint meetings were facilitated with stakeholders
   regarding the draft planning scheme.
                                                                 Business signage audit
»» Council introduced improved CCTV cameras in Hastings
   Street to ensure that our premier commercial precinct         »» Council co-located the Economic Development Branch
   remains a safe and welcoming area. The CCTV system               with the Council’s Strategic Planning Branch to ensure
   included high definition cameras and number plate                that there was synergy between our goals for our Local
   recognition technology.                                          Economic Plan and the development of our new planning
                                                                    scheme.

                                                                 »» Council continued its economic grants program with
                                                                    grants provided to Innovate Noosa Inc, the Noosa
                                                                    Chamber of Commerce and Industry Inc and the Sunshine
                                                                    Coast Creative Alliance.

                                                                 »» Council has increased the resources allocated to
                                                                    economic development activities with additional staff
                                                                    including a trainee and support to the Noosa Education
                                                                    and Training Alliance and also an Economic Development
                                                                    trainee.




 Launch of CCTV cameras in Hastings St.




    Noosa Council | 2018/2019 Annual Report                                                                   Page 21

Section 22

Corporate Plan Theme 4: Long term planning for Noosa Shire
“Noosa Shire is well managed and sustainable”




 Key achievements as we work towards our long term               • An increase of 40% for people using free buses,
 goal include:                                                     an increase of 7% for people walking to the
                                                                   Hastings Street precinct an increase of 27% for
                                                                   people riding to the Hastings Street precinct but
 Specific Operational Plan Priorities                              only a 2% decrease in the use of private vehicles.
 »» Council undertook significant work on the                    • Council also engaged with Translink on a
    development of the new Planning Scheme during                  comprehensive review of the public transport
                                                                   network in Noosa including bus routes, bus
    2018/19. The State Interest Review was completed               frequency and opportunities for electric buses.
    and a draft scheme was adopted for the purpose of
    community engagement. An extensive community
    engagement process was undertaken including:
    • TV, newspaper and social media advertising
    • Community pop ups across the Shire
    • Over 2,000 people attending Council’s planning
      scheme office for face to face information
    • Over 10,000 letters and emails sent to affected
      property owners
    • Targeted consultation with key community,
      environment and business groups
    • 938 unique submissions to Council on the draft
      Planning Scheme.

 »» Council also finalised its Local Government
    Infrastructure Plan (LGIP) that provides the basis
    for developers to contribute to trunk community
    infrastructure necessitated by the development.
                                                              »» Council finalised a tender process in June 2019 to
 »» Council continued implementation of its Transport            commence a major re-development of the Noosa
    Policy and Transport Strategy. For the Christmas             North Shore Campground. This re-development will
    period in 2018/19, Council introduced the “Go                be finalised during the second half of 2019 and be
    Noosa” campaign - an integrated transport project            opened in time for Christmas 2019.
    aimed at behaviour change to encourage more
                                                              »» Council finalised the adoption of its detailed Asset
    people to walk, ride or use public transport rather
                                                                 Management Plans for all of its major asset classes.
    than private vehicles. The “Go Noosa” campaign
                                                                 To date, detailed asset management plans have
    included:-
                                                                 been adopted for Roads, Bridges, Stormwater,
    • development of a Go Noosa App providing real-              Roads Infrastructure and Council Buildings &
      time information on car parking availability, cycling      Facilities. Detailed asset management plans were
      and walking paths and real-time bus information
                                                                 also previously completed for the Noosa Main Beach
    • improved signage and directional information to            Sand Recycling System and the Noosa Aquatic
      encourage people to park and ride                          Centre.
    • an integrated marketing campaign with Translink
      to promote the use of free buses                        »» Council is continuing the development of a Climate
                                                                 Change Adaption Plan for the Shire and a Coastal
    • free buses were extended from 4 weeks to 12                Hazard Adaption Plan which focuses particularly
      weeks at Christmas and for 4 weeks at Easter
                                                                 on coastal areas. This project (being funded by the
      2019.
                                                                 State via LGAQ) is progressing well. Research and
                                                                 community engagement has been undertaken.

 Noosa Council | 2018/2019 Annual Report                                                                    Page 22

Section 23

 Other initiatives to enable Council to achieve its goal for this
 theme
                                                                    »» Council commenced the Noosa Spit Shoreline Erosion
 »» Council completed a credit review by Queensland                    Management Plan (SEMP) which is a detailed study
    Treasury Corporation and was rated as financially sound            of the erosion occurring on Noosa Spit as a result of
    which means we have adequate capacity to meet our                  river movement, tide and boat wash. The SEMP will
    financial commitments in the short, medium and long                be finalised early in 2019/20 and provide an evidence-
    term.                                                              based solution for solving the erosion problem currently
                                                                       occurring.
 »» Council also had Queensland Treasury Corporation
    undertake a review of our financial liquidity which             »» Council developed its first 10 year Capital Program
    resulted in Council making an early repayment of                   allowing for a longer planning horizon for capital
    $10,000,000 off our existing debt and reducing net                 projects. Our Infrastructure Planning, Design and
    interest payments by approx. $270,000 for ratepayers.              Delivery team now have future projects they can plan
                                                                       for. In addition, our teams delivered a significant capital
 »» Council enhanced its approach to seeking grant                     program of $26.1m including:
    funding from other levels of government. In 2018/19,
                                                                       • Noosaville Library Refurbishment
    we were successful in attracting $1.2M in funding
    from the Commonwealth towards the replacement                      • Mary River Road Bridge at Cooroy
    of two bridges in the hinterland and a $2.6M grant                 • Old Noosa Road Bridge at Cooran
    from the Commonwealth towards the Peregian Beach                   • Noosa Heads Boardwalk
    Community Centre. We were also successful in
                                                                       • $3.8M expended on a reseal program of roads
    attracting $2.8M funding from the State government                   across the Shire
    towards the Hinterland Playground project at Cooroy.
                                                                       • Replacement of the Tewantin Council Administration
 »» Council has undertaken considerable work in developing               Building roof (including installation of solar panels)
    our response to natural disasters including undertaking            • David Low Way safety improvements including
    disaster management exercises to train our staff. Our                the car park and bus stops at Castaways Beach
    long serving Local Disaster Co-ordinator stepped down                (commenced in 2018/19)
    from that role and our Director Infrastructure Services            • Major refurbishment of the Noosa Aquatic Centre at
    has assumed that role. We have taken part in region                  Sunrise Beach (commenced in 2018/19)
    wide disaster management training exercises with                »» Council was successful in securing Commonwealth
    adjoining Councils. There has also been a concerted                government grant funding to replace a number of
    focus on developing our preparedness for a sustained               bridges. In 2018/19, we finalised replacement of the
    recovery effort from a major natural disaster.                     Mary River Road Bridge in Cooroy and the Noosa Road
                                                                       Bridge in Cooran. We were also successful in 2018/19
                                                                       in obtaining grants to replace the Tablelands Road
                                                                       Bridge (Number 2) at Cooran and the Wahpunga Lane
                                                                       Bridge at Kin Kin. Both of these bridges will be replaced
                                                                       in 2019/20. We also received funding to replace the
                                                                       aging bridge at Orealla Crescent, Sunrise Beach and
                                                                       this work will also be undertaken in 2019/20.

                                                                    »» As part of the planning scheme process, Council
                                                                       reviewed the current approach to signage in the Shire
                                                                       and published, for public consultation, a proposal to
                                                                       remove signage regulation from the planning scheme
                                                                       and for it to be included in a local law. That local law
                                                                       also included proposed changes to the way in which
Local Disaster traiining exercise with Gympie Council                  signage is currently managed. There was considerable
                                                                       public interest in this issue during the consultation
                                                                       process, with around 300 submissions received and
                                                                       considered prior to finalising the local law.



 Noosa Council | 2018/2019 Annual Report                                                                            Page 23

Section 24

Corporate Plan Theme 5 - Excellence as a Council
“The Noosa Shire community is proud of its Council”



 Key achievements as we work towards our long term          »» Council undertook our second detailed Community
 goal include:                                                 Satisfaction Survey. The Survey was undertaken
                                                               by an independent professional survey firm (Market
 Specific Operational Plan Priorities                          Facts) using the same methodology as the 2017
                                                               Community Satisfaction Survey. The results of the
 »» Council continued to look at ways in which it can          2019 survey identified that Council was achieving
    improve services. One of the most important steps          a community satisfaction score significantly
    last year was the development of a Level of Service        above comparable Councils in almost all service
    Catalogue which was substantially completed as             categories.
    part of the 2018/19 budget process with further
                                                               • Council’s overall weighted performance index
    enhancements for the 2019/20 budget process.
                                                                 was 74.59% (up from 73.20% in 2017).
    Council now has documented service details of
    what services it provides, costs, response times and       • Top performing services were Libraries (84.9%),
    benchmarking. The Level of Service Catalogue is              Waste management (81.5%), and Customer
    available on Council’s website.                              Service (81%).

 »» Council completed the replacement of the Tewantin          • Three quarters of those surveyed who had
                                                                 contacted Council rated the service of staff as
    Council administration building roof which included          good or very good.
    the installation of a significant number of solar
    panels. Long-term precinct planning will be             »» Council has undertaken a review of its
    undertaken in 2019/20.                                     Communications and Engagement Strategy.
                                                               This has entailed internal consultation and the
                                                               development of a new draft strategy.

                                                            »» The revenue diversification project has commenced
                                                               looking at options to increase non rate revenue in
                                                               order to reduce pressure on any future rates rises.
                                                               An internal working group has been established
                                                               which is working on a strategy and project plan.


                                                            Other initiatives to enable Council to achieve its goal for
                                                            this theme

                                                            »» Council’s corporate website has started the
                                                               transition to a new content management system.
Solar installation at Tewantin administration building         The Community Engagement team has collaborated
                                                               with the LGAQ to finalise a new-look for the
 »» We transitioned our ICT systems to the latest              website.
    version which provided enhanced systems
    capability. These systems upgrades included the         »» Council has increased its presence on and use of
    implementation of Technology One’s “Enterprise             social media platforms, to improve communication
    Cash Receipting” and “Procure to Pay”. We                  and engagement with the wider community. A more
    continue to roll out our ICT Strategy to enhance           targetted approach to social media engagement on
    our system capabilities and we have commenced              Facebook and Linkedin has been taken. Facebook
    a major project to transition our property and rating      followers increased by 18% to 8,923. Linkedin
    system. This project will add significant benefits to      followers grew by 55% to 2,022.
    our community with more online services.



   Noosa Council | 2018/2019 Annual Report                                                                    Page 24

Section 25

»» The transformation of our Workplace Health and          »» Over the last 12 months we have implemented
   Safety performance has continued. Our most recent          several projects that contribute to the culture and
   internal audit of our WH&S Systems achieved a              performance of Council. These include:
   score of 80% (up from 19% five years ago). We              • Domestic and Family Violence awareness training
   have transitioned from one of the worst performing           supported by a DFV strategy to support staff
   local governments to one of the best performing local        affected.
   governments for our size.
                                                              • Drug and Alcohol testing in the workplace to
»» We have had another successful financial year.               improve worker safety as well as helping those
                                                                staff who may have an issue with their use of
   Revenues were above budget and expenses were                 drugs or alcohol.
   below budget. The audited financial statements are
   part of this annual report.                                • Noosa Regional school partnerships where
                                                                Council provides in school workshops for job
»» Our Customer Service team continued to provide               interviews and job readiness.
   exemplary service at the front line. This was              • Under 30’s employee engagement program which
   recognised in the Community Satisfaction Survey              aims to reduce turnover of young employees and
   with feedback from our community.                            provide professional development and career
                                                                guidance.

                                                           »» The Audit and Risk Committee has continued to
                                                              add value to our compliance and performance
                                                              for governance and finance. This has included
                                                              an oversight of our strategic risks, review of key
                                                              governance and financial policies, review of
                                                              organisational KPIs and development of Business
                                                              Continuity Planning etc. Our two external members
                                                              of the Audit and Risk Committee in particular have
                                                              added significantly to our overall governance
                                                              practices. Although not high profile, this Committee
                                                              plays an important role in making sure that Council
                                                              “dots the I’s and crosses the T’s” both in governance
                                                              and in the management of risk. Council’s Internal
                                                              Audit Plan included internal audits on:
                                                              • overtime;
                                                              • business continuity plans; and
                                                              • risk management strategies.
Customer Service staff providing frontline service
                                                           »» ICT network switch infrastructure replacement was
»» Council has successfully achieved another
                                                              undertaken providing greater network security which
   unmodified audit from the Queensland Audit Office
                                                              improved our ability to monitor network system faults
   with the 2018/19 financial statements being signed
                                                              more easily.
   off by the QAO.
                                                           »» Significant training and development was undertaken
»» Our enterprise risk management has been further
                                                              for our middle managers with programs focused on
   developed with risk management practices being
                                                              team leaders and supervisors. We also undertook
   further embedded into Council operations. Our
                                                              leadership development for our Leadership Group
   comprehensive Business Continuity Plans are now
                                                              (our top 25 leaders).
   complete and were tested successfully as well as
   being subject to an internal audit review which found
   that the BCP Plans were excellent.




Noosa Council | 2018/2019 Annual Report                                                                    Page 25

Section 26

As well as the specific projects that are undertaken by Council to achieve our long-term corporate plan goals, every day,
the Council is delivering on the ground services to our community across a range of different activities. To put the level of
‘day to day’ activities into perspective, the following statistics are provided:

 Example of Services Provided in 2018/19                                     Data
 Number of visitors to the Noosa Aquatic Centre                              240,893
 Number of visitors to The J                                                 90,992
 Number of visitors to the Noosa Leisure Centre                              127,580
 Number of clients serviced at Noosa Community Support                       2,201 clients (43,287 hours of service
                                                                             delivered)
 Number of physical items issued by our Libraries                            Noosaville: 205,236
                                                                             Noosa Civic (temporary): 55,106
 (note Noosaville Library was partially closed for refurbishment in this
                                                                             Cooroy: 138,305
 period)
                                                                             Mobile: 39,335
                                                                             Total – 437,982
 Number of bins collections                                                  1,584,672 general waste bins
                                                                             671,093 recycling bins
                                                                             400,543 garden bins
                                                                             157,036 public place bins
                                                                             44,666 waste bulk bins
                                                                             17,519 recycling bulk bins
 Number of customer visits to the Waste Disposal facilities                  132,732
 Number of calls/ enquiries/ transactions by our frontline customer          99,854
 service team
 Number of development applications and percentage approved for the      479 applications
 year                                                                    95.8% approved
                                                                         20 refusals
                                                                         (includes tree removal applications on
                                                                         private land)
 Number of rate notices issued for the year                              63,799
 Length of road resurfaced                                               Asphalt – 6.9km
                                                                         Spray sealing – 10.4km
                                                                         Total – 17.3km
 Length of road serviced by street sweeper                               8,434 km
 Number of requests regarding trees on public land (note figure excludes 1,827
 Natural Areas requests)
          		




Noosa Council | 2018/2019 Annual Report                                                                            Page 26

Section 27

                                                 Reportable
                                                 Disclosures




Noosa Food and Wine Festival 2019
       Noosa Council | 2018/2019 Annual Report           Page 27

Section 28

Information relating to Councillors

Remuneration
Councillor remuneration is set by the Local Government              • Any contribution a local government makes for a
Remuneration and Discipline Tribunal established under                Councillor to a voluntary superannuation scheme for
                                                                      Councillors established or taken part in by the local
the Local Government Act 2009 (“LG Act”). The Tribunal                government under section 226 of the LG Act.
determines remuneration for Mayors, Deputy Mayors
and Councillors and releases a report in December each           The LG Act does however allow a local government to take
year which establishes single remuneration levels for the        part in a superannuation scheme for its Councillors and
following year.                                                  on 20 January 2014 Council authorised the payment of
                                                                 superannuation contributions for Councillors of up to 12%
The Local Government Remuneration and Discipline                 of their annual salary on the condition that Councillors:
Tribunal Report 2017 listed Noosa Council as a Category
3 Council, and prescribed the annual rate of remuneration           • Contribute an amount of up to 6% from their salaries
                                                                      and Council contributes a proportionate amount of
for the Mayor and Councillors for the period 1 July 2018 to
                                                                      up to 12% to a nominated superannuation fund;
30 June 2019 (the period) as follows:
                                                                    • Make contributions through an arrangement by way
    • Mayor - $127,898;                                               of a formal request to Council; and
    • Deputy Mayor - $79,936; and,                                  • Nominate the preferred superannuation fund,
    • Councillors - $67,945.                                          and where no nomination has occurred, the
                                                                      superannuation payments be made to LG Super.
In accordance with section 244(3) of the Local Government
Regulation 2012 (“LG Regulation”), the remuneration              An overview of the remuneration paid to Councillors for the
prescribed by the Commission cannot include:                     period is provided in Table 1.

    • Any amount for expenses to be paid or facilities to
      be provided to a Councillor of a local government
      under its expenses reimbursement policy; or


Table 1 – Councillor Remuneration

Councillor remuneration for period 1 July 2018 to 30 June 2019

 Councillor                                     Salary ($)       Superannuation*($)               Total ($)
 Cr Tony Wellington (Mayor)                       127,898                   15,348                143,246
 Cr Frank Wilkie (Deputy Mayor)                    79,936                     9,592                89,528
 Cr Frank Pardon                                   67,945                     8,153                76,098
 Cr Jess Glasgow                                   67,945                     8,153                76,098
 Cr Ingrid Jackson                                 67,945                     8,153                76,098
 Cr Brian Stockwell                                67,945                     8,153                76,098
 Cr Joe Jurisevic                                  67,945                     8,153                76,098
 Note: amounts rounded to the nearest dollar value
 *Superannuation shown is Council’s 12% contribution




Noosa Council | 2018/2019 Annual Report                                                                         Page 28

Section 29

Reportable Council resolutions for the period
The table below outlines the reportable resolutions under the LG Regulation for the period.

Table 2 – Reportable Resolutions

 Local Government                     Resolution Adopted
 Regulation
 Section 250(1)                       Nil.
 Section 250(2)                       Councillors’ Expenses Reimbursement Policy Update

                                      Council note the report by the Director Executive Services to the Services & Organisation
                                      Committee Meeting dated 9 October 2018 and adopt, pursuant to section 250(2) of the Local
                                      Government Regulation 2012, the Councillors’ Expenses Reimbursement Policy.

                                      (Adopted by Council 18 October 2018)
 Section 206(2)                       Nil.

                                      Note: No resolutions were made during the 2018/19 financial year. Council’s Non-Current Asset
                                      Accounting Policy adopted by Council resolution on 15 June 2017 (effective from 1 July 2016)
                                      includes recognition thresholds for non-current assets.


Councillors’ expenses and resources                                                    • Private vehicle usage;
provided                                                                               • Council vehicle usage;
The Councillors’ Expenses Reimbursement Policy ensures                                 • Hospitality;
Councillors are provided a reasonable level of resources                               • Administration tools and access to Council office
and equipment in order to carry out their duties in an                                   amenities;
effective and efficient manner.
                                                                                       • Home office and telecommunication needs;
An amendment to the Policy was endorsed by Council on                                  • Safety equipment; and
15 October 2018. The Policy is compliant with the following
                                                                                       • Insurance cover.
principles prescribed by the LG Act:
    • Transparent and effective processes and decision-
      making in the public interest;
                                                                                  Summary of expenses / reimbursements
    • Good governance of, and by, the local government;                           paid to Councillors for the period
      and
    • Ethical and legal behaviour of Councillors and local                        The reimbursements that were made to Councillors for the
      government employees.                                                       period were for mandatory and discretionary professional
                                                                                  development, hospitality, vehicle use, home office and
Categories of expenses and eligibility for reimbursement as                       telecommunication, and travel expenses incurred whilst on
per the Policy for the Period include:                                            Council business.
    • Mandatory professional development &
      representation;                                                             For the period, all claimed expenses were processed and
                                                                                  fell within the required limits prescribed by the Councillors’
    • Professional development & representation                                   Expenses Reimbursement Policy.
      (Mandatory and Discretionary);
    • Travel as required to represent Council;                                    A summary of expenses/reimbursements to Councillors for
                                                                                  the period is outlined in Table 3.
    • Meals when travelling for Council business;
    • Accommodation;

1 Councillors are covered under relevant Council insurance policies while on Council business. Specifically, insurance cover will be provided for public

liability, professional indemnity, Councillors liability and personal accident, and domestic and overseas travel.

Noosa Council | 2018/2019 Annual Report                                                                                                    Page 29

Section 30

Table 3 – Councillor Expenses 2018/19

 Councillor            Mandatory       Discretionary Use of private            Home                Travel       TOTAL
                      Professional     Professional     vehicle            office & tele         Expenses         ($)
                      Development      Development (option 1) ($)         communication         as required
                           ($)              ($)                                 ($)            to represent
                                                                                                  Council
 Mayor Tony               2,540               -              5,000              3,251                 -         10,791
 Wellington
 Cr Jess Glasgow            -                  -             5,000              2,880                -          7,880
 Cr Ingrid Jackson         73                131             5,000              2,880                -          8,084
 Cr Joe Jurisevic         2,086              200             5,000              2,880                -          10,166
 Cr Frank Pardon            -                  -             5,000              2,880                -           7,880
 Cr Brian Stockwell         -                 35             5,000              2,880                -           7,915
 Cr Frank Wilkie           685              2,704            5,000              2,880                -          11,269
 Note: amounts are excluding GST and rounded to the nearest whole dollar.


Councillor meeting attendance
Council conducts its business at open public meetings         on Council’s YouTube channel with past recordings also
which are part of Council’s commitment to transparent         available for viewing on this platform.
decision making and engagement with our community.
Meetings are generally held in the Council Chambers at        Generally, all standing committees are held once per
Tewantin.                                                     month where a range of issues and recommendations
                                                              are made for Council consideration. The attendance of
Since 14 February 2019, Council’s General Committee,          Councillors at Ordinary meetings, Special meetings and
Ordinary and Special Meetings have been live streamed         Committees for the period is outlined in Table 4.


Table 4 – Council Meeting Attendance 2018/19

 Councillor               Ordinary      General         Planning &         Services & Special &             Audit
                           Meeting    Committee        Environment       Organisation Budgetary            & Risk
                                                         Committee         Committee                    Committee
 No. of Meetings held             12            12                11                 11              7          5
 Mayor Tony Wellington            12             11                9                   8             7          5
 Cr Jess Glasgow                    9             9                8                n/a              5        n/a
 Cr Ingrid Jackson                 11            11               10                n/a              3        n/a
 Cr Joe Jurisevic                  11            11              n/a                 11              5          5
 Cr Frank Pardon                   11           12               n/a                 10              6        n/a
 Cr Brian Stockwell               12            12                11                n/a              6        n/a
 Cr Frank Wilkie                   11            11               2*                 10              5        n/a
 Notes: N/A indicates that the relevant Councillor is not a representative of the particular committee.
        * Councillor Frank Wilkie attended these meetings in his capacity as acting Mayor.




Noosa Council | 2018/2019 Annual Report                                                                       Page 30

Section 31

Overseas travel                                                 The Councillor Code of Conduct Policy originally endorsed
                                                                by Council on 13 January 2014 was rescinded and the new
No official overseas travel was undertaken by Councillors or    Code of Conduct for Councillors in Queensland was adopted
employees during the period.                                    by Council on 20 December 2018 for the period. The new
                                                                Code of Conduct establishes:
Complaints about Councillors                                           • The Local Government principles and values with
                                                                         which Councillors and Mayors must comply with while
Chapter 5A of the LG Act outlines the requirements for                   performing their roles as elected representatives;
dealing with the conduct of councillors. In particular, Part           • The standards of behaviour expected of
3 prescribes the requirements for local governments for                  Councillors and Mayors when carrying out their
dealing with inappropriate conduct, misconduct and corrupt               roles, responsibilities and obligations as elected
conduct of Councillors so as to ensure that:                             representatives for their communities; and
   • Appropriate standards of conduct and performance                  • An administrative method for submitting complaints to
     are maintained; and                                                 the Independent Assessor who assesses complaints
                                                                         and determines the category of allegation.
   • A Councillor who engages in inappropriate,
     misconduct or corrupt conduct is disciplined.              Table 5 identifies the reportable complaints, orders and
                                                                recommendations against Councillors for the period.


Table 5 – Complaints, orders, actions and recommendations against Councillors

 Reportable information relating to complaints, orders, actions and recommendations against                     Number
 Councillors                                                                                                     for the
                                                                                                                 period
 For the period 1 July 2018 to 2 December 2018 (former legislation):
 (a)The total number of the following during the period -

   (i) orders and recommendations made under s 180(2) or (4) of the LG Act; and                                       Nil
  (ii) orders made under s 181 of the LG Act; and                                                                     Nil
 For the period 3 December 2018 to 30 June 2019 (current legislation):
 (b) The total number of the following during the period -
      (i) orders made under s 150I(2) of the LG Act;                                                                  Nil
     (ii) orders made under s 150AH(1) of the LG Act;                                                                 Nil
    (iii) decisions, orders and recommendations made under s 150AR(1) of the LG Act; and                              Nil
 For the period 1 July 2018 to 2 December 2018 (former legislation):
 (c) each of the following during the period -
      (i) the name of each councillor for whom an order or recommendation was made under s180 of the Act              Nil
          or an order was made under S181 of the LG Act;
     (ii) a description of the misconduct or inappropriate conduct engaged in by each of the councillors;             Nil
    (iii) a summary of the order or recommendation made for each Councillor; and                                      Nil
 For the period 3 December 2018 to 30 June 2019 (current legislation):
 (i) The name of each councillor for whom a decision, order or recommendation mentioned in paragraph                  Nil
 (b) was made;
 (ii) a description of the misconduct or inappropriate conduct engaged in by each of the councillors;                 Nil
 (iii) a summary of the decision, order or recommendation made for each Councillor; and                               Nil
 For the period 1 July 2018 to 2 December 2018 (former legislation):
 (d) the number of each of the following during the period -



  Noosa Council | 2018/2019 Annual Report                                                                           Page 31

Section 32

     (i) complaints about the conduct or performance of Councillors for which no further action was                 Nil
         taken under s 176C(2) of the LG Act;
    (ii) complaints referred to the department’s chief executive under s 176C(3)(a)(i) of the LG Act;               Nil
   (iii) complaints referred to the mayor under s 176C(3)(a)(ii) or (b)(i) of the LG Act;                           Nil
   (iv) complaints referred to the department’s chief executive under s 176C(4)(a) of the LG Act;                   Nil
   (v) complaints assessed by the chief executive officer as being about corrupt conduct under                      Nil
         the Crime and Corruption Act;
  (vi) complaints heard by a regional conduct review panel;                                                         Nil
 (vii) complaints heard by the tribunal;                                                                            Nil
 (viii) complaints to which s 176C(6) of the LG Act applied.                                                        Nil
 For the period 3 December 2018 to 30 June 2019 (current legislation):
 (e) the number of each of the following during the period -
      (i) complaints referred to the assessor under s 150P(2)(a) of the LG Act by the local government;             Nil
          a councillor of the local government and the chief executive officer of the local government.
     (ii) matters, mentioned in s 150P(3) of the LG Act, notified to the Crime and Corruption Commission;           Nil
    (iii) notices given under s 150R(2) of the LG Act;                                                              Nil
    (iv) notices given under s 150S(2)(a) of the LG Act;                                                            Nil
    (v) decisions made under s 150W(a), (b) and (d) of the LG Act;                                                   3
   (vi) referral notices accompanied by a recommendation mentioned in s 150AC(3)(a) of the LG Act;                  Nil
  (vii) occasions information was given under s 150AF(4)(a) of the LG Act;                                          Nil
 (viii) occasions the local government asked another entity to investigate, under chapter 5A, part 3,               Nil
        division 5 of the Act for the local government, the suspected inappropriate conduct of a councillor;
        and
  (ix) applications heard by the conduct tribunal about the alleged misconduct of a councillor.                     Nil


Executive remuneration
Under section 201 of the LG Act, the annual report of a          Table 6 – Executive Remuneration
local government must state the total of all remuneration
packages that were payable during the reporting period            Package Band                         Number of senior
to the senior management of the local government and                                                      management
the number of employees in senior management who are                                                       employees
being paid each band of remuneration.                             $100,000 - $200,000                                 4
                                                                  $200,001 - $300,000                                 2
The senior management, of a local government, consists
of the chief executive officer and all senior executive
employees of the local government. A senior executive
employee is an employee who reports directly to the chief
executive officer and whose position would ordinarily
be considered to be a senior position in the corporate
structure.

The total of remuneration packages payable to senior
management during the period was $1,202,091.

The annual package bands for Council’s senior
management team are outlined in table 6.




Noosa Council | 2018/2019 Annual Report                                                                         Page 32

Section 33

Equal opportunity employment                                                      Council’s Administrative Action Complaints Process has been
                                                                                  developed to ensure:
Council is an equal opportunity employer, which is committed
                                                                                       • Complaints are handled in a structured, timely and
to providing equal employment opportunities for its current
                                                                                         professional manner which is fair, objective, consistent,
and prospective employees. Council’s employment practices                                considerate and respectful of privacy;
are aligned to Queensland’s Anti-Discrimination Act 1991 and
                                                                                       • The community has confidence in Council’s complaint
relevant federal anti-discrimination laws.
                                                                                         handling process;
Council recognises the importance of workforce diversity and                           • All staff members are aware of their responsibilities
promotes a working environment where people are treated                                  regarding the management of complaints; and
on their merits at every stage of their employment. At Noosa
                                                                                       • Complaints are used to identify problems and to
Council, all employees are encouraged to embrace equity                                  continuously improve the Council’s services.
and diversity at all levels within the organisation. The Noosa
Council Employee Code of Conduct reinforces the standards of                      Furthermore, Council deals with complaints through a tiered
behaviours required of employees including non-discriminatory                     system whereby complaints are assessed objectively and may
workplace practices.                                                              be allocated as a first level which is managed locally by the
                                                                                  relevant operational level. For non-complex matters, first level
Council will continue to strive to build a workforce and                          complaints may be capable of resolution at the frontline.
supporting organisational culture that reflects the diversity of the
greater community and is free of all forms of discrimination and                  Generally, complaints may also be investigated and managed at
harassment.                                                                       a second level (internal review) once it has progressed through
                                                                                  the first level complaint process and the complainant remains
Administrative Action Complaints                                                  dissatisfied.

In accordance with section 187 of the LG Act, Council is                          Where a complainant remains dissatisfied with the outcome
committed to managing customer feedback and ensuring all                          of a second level (internal review), they may wish to lodge a
complaints are dealt with in a fair, prompt and confidential                      complaint with an external agency, such as the Office of the
manner. Council aspires to provide a level of service that does                   Queensland Ombudsman.
not attract complaints. However, Council acknowledges the
                                                                                  A copy of Council’s Administrative Action Complaints Process is
public’s right to provide feedback on services, including the right
                                                                                  available on Council’s website.
to lodge a complaint about a decision or other action Council
has taken, or failed to take, where considered appropriate to do                  Table 7 provides a summary of Administrative Action
so.                                                                               Complaints for the period.


Table 7 – Administrative Action Complaints

 Reportable information relating to Administrative Action Complaints                                                    Number for the period
 (a) The total number of the following during the financial year
     (i) Administrative action complaints made to Council;                                                                                         35
    (ii) Administrative action complaints resolved by Council under the complaints                                                                 32
        management process;
   (iii) Administrative action complaints not resolved by Council under the complaints                                                               3
        management process; and
  (iv) Administrative action complaints under paragraph (a)(iii) that were made in a                                                               Nil
        previous financial year.
Note: The above statistics relate to formal administrative action complaints, which are distinguished from ‘a request for service’ by members of the public.
An administrative action may include a decision, or a failure to make a decision, a failure to provide a written statement of reasons for a decision, an act, a
failure to do an act, the formulation of a proposal or intention, or the making of a recommendation.




Noosa Council | 2018/2019 Annual Report                                                                                                      Page 33

Section 34

Right to Information and Privacy
Right to Information and Privacy gives the community              • Right to Information Regulation 2009;
greater access to government information, including               • Information Privacy Act 2009; and
from Council, unless contrary to public interest. Council
                                                                  • Information Privacy Regulation 2009.
processes Right to Information (RTI) and Information
Privacy (IP) access applications in accordance with the        Table 8 provides a summary of RTI and IP access
following Queensland legislation:                              applications for the period.
    • Right to Information Act 2009;



Table 8 – Right to Information and Privacy

 Reportable information relating Right to Information and Privacy                            Number for the period
 (a)The total number of the following during the financial year -
    (i) Right to Information access applications received;                                                      18
    (ii) Information Privacy access applications received;                                                      Nil
    (iii) Pages released under Right to Information;                                                           277
    (iv) Pages refused under Right to Information; and                                                          49
    (v) Right to Information application fees received.                                                     $2,189



Council Registers
Council is required under the LG Regulation to develop and        • On-site Sewerage Facility Register
maintain certain registers. A number of these registers are       • Local Laws Register
available for public inspection at Council’s Tewantin office
                                                                  • Regulated Dog Register
or can be viewed on Council’s website.
                                                                  • Roads Register
Below is a list of the registers kept by Council:
                                                                  • Instrument of Appointments
    • Asset Register
                                                                  • Noosa Policy Register
    • Delegations Register
                                                                  • Gifts and Benefits Register
    • Complaints Register
                                                                  • Contracts Register
    • Claims Register
                                                                  • Registers of Interests
    • General Cost Fees and Commercial Charges
                                                                  • Asbestos Register
    • Engineering and Environment Fees and Charges
                                                                  • Secondary Employment Register
    • Planning and Development Fees and Charges
                                                                  • Public Interest Disclosure Register
    • Building and Plumbing Fees and Charges
                                                                  • Public Pool License Register
    • Other Development Fees and Charges
                                                                  • Health Licensing Register
    • Development Application Register
                                                                  • Cemetery Register
    • Backflow Device Register




Noosa Council | 2018/2019 Annual Report                                                                      Page 34

Section 35

Audit and Risk Committee                                          • Review compliance with Council policies and
                                                                    procedures, legislative requirements and
In accordance with Subdivision 2 of the LG Regulation,              regulations; and
Council conducts Audit and Risk Committee meetings to             • Provide outcomes that will generally improve
promote good corporate governance through the provision             practices across Council.
of independent comment, advice and counsel on audit
and risk management issues covering a wide range of            Council’s Internal Audit Plan for each financial year is
Council operations and projects.                               developed having regard to current operational risks
                                                               and is reviewed and adopted by the Audit and Risk
In accordance with Council’s Audit and Risk Committee          Committee. Council’s internal audits are conducted
Charter, a key duty of the Committee is to provide             in accordance with Council’s Internal Audit Terms of
reasonable assurance to Council that its core business         Reference and Internal Audit Policy.
goals and objectives are being achieved in an efficient
and economical manner, within an appropriate framework         The Internal Audit activities for the period included a
of internal control and risk management.                       review of the following:
                                                                  • Business Continuity Framework;
The Audit and Risk Committee comprises of two
Councillor members and two expert independent external            • Overtime Management; and
members, who hold a minimum of four formal committee              • Risk Management Framework and Practices.
meetings each year. The Audit and Risk Committee
observed the terms of its Charter for the period and           The above audits were undertaken by specialist external
conducted an annual assessment of its performance.             providers. Council has in place a number of systems and
                                                               processes to ensure that recommendations resulting
                                                               from its internal audits are appropriately actioned and
Internal Audit                                                 implemented into day-to-day operations.
Under section 105 of the LG Act, Council has established
an efficient and effective internal audit function that will   Grants
provide independent, objective assurance and appropriate
services designed to add value and improve Council’s           Council provides a range of services to assist not-for-profit
operations.                                                    (volunteer) organisations to meet community needs.

On 20 December 2018, Council updated and endorsed              Council’s grants for the period were managed in
the Internal Audit Policy (previously endorsed in              accordance with Council’s Community Grants Policy
November 2014) which provides the framework for the            which was endorsed by Council in December 2016 and
conduct of the internal audit function of Council and has      Council’s Economic Development Grants Policy which
been endorsed by the Audit and Risk Committee.                 was endorsed by Council in November 2017.

The Policy seeks to achieve the following outcomes in          The Community Grants Policy does not apply to
undertaking the annual audit plan set by the Audit and         sponsorships, donations, advertising, naming rights and
Risk Committee:                                                service level agreements. The outcomes of this Policy
                                                               include:
   • Assess and evaluate Council’s processes,
     procedures and internal control environment to               • Providing community organisations and individuals
     assist with the management of operational risks;               (for Regional Arts Development Funds only) with
                                                                    financial support to meet identified community
   • Appraise the relevance, reliability and integrity of           needs;
     management, business systems, financial and
     operating records and reports;                               • Building community skills and resilience;
   • Assist the Chief Executive Officer and Council               • Developing and maintaining sustainable community
     in the effective discharge of their responsibilities           infrastructure;
     by providing them with analyses, appraisals,
     recommendations and information concerning the               • Providing opportunities for community
     activities reviewed;                                           organisations to leverage Council’s financial
                                                                    assistance to obtain funding from other sources;
                                                                    and



Noosa Council | 2018/2019 Annual Report                                                                           Page 35

Section 36

   • Providing opportunities for community                       that are appropriately delivered through grants;
     organisations to deliver on Council’s strategic
     goals and identified key initiatives, such as Noosa      • Increased capacity of local groups through
     Corporate Plan, Noosa Social Strategy and Local            a collaborative approach to environmental
     Economic Plan.                                             management; and
                                                              • Increased funding directed to environmental
On 21 February 2019, Council endorsed the Environment           activities through the opportunities of community
Grants Policy which aims to continue to support and             groups/organisations to leverage extra funding or
collaborate with the community to achieve significant           resources.
environmental outcomes that align with Council’s key
                                                           A total of $893,406 was supplied by Council through
environment strategies and plans.
                                                           grants for the period. Table 9 provides a summary of the
The outcomes of this Policy include:                       grants for the period 1 July 2018 to 30 June 2019.
   • Implementation of Council’s key environment
     strategies and plans, and the actions within them,

Table 9 - Grants


 Grants Recipients                                                                       Funding Amounts ($)
 Community Project Grants
 Alliance Française de la Sunshine Coast                                                                   1,000.00
 Anywhere Theatre Festival Limited                                                                         7,500.00
 Central Queensland, Wide Bay, Sunshine Coast Primary Healthcare Network                                   1,000.00
 Cooroy Future Group Inc.                                                                                  3,050.00
 Cooroy Pomona Lions Club Inc.                                                                             3,000.00
 Friends of Noosa Botanic Gardens Inc.                                                                     2,250.00
 Katie Rose Cottage Hospice Ltd.                                                                           5,750.00
 Noosa Australian Football Club Inc.                                                                      12,075.00
 Noosa Chorale Inc.                                                                                        2,500.00
 Noosa District Netball Association                                                                        1,600.00
 Noosa District Rugby League Football Club Inc.                                                            5,000.00
 Noosa District Softball Association Inc.                                                                  2,700.00
 Noosa International Film Festival Inc.                                                                   10,000.00
 Noosa Mens Shed Inc.                                                                                      4,000.00
 Noosa Open Studios Inc.                                                                                   7,000.00
 Noosa Outrigger Canoe Club Inc.                                                                           3,000.00
 Noosa Rainbow Festival auspiced by the Noosaville Business Association Inc.                               1,000.00
 Noosa Shire Arts and Crafts Association Inc.                                                              2,500.00
 Noosa Strade Bianche Association Inc                                                                      3,750.00
 Noosa Tennis Club Inc.                                                                                    4,137.00
 Pomona & District Community House Inc.                                                                    7,769.00
 Pomona Arts Inc.                                                                                          5,000.00
 Pomona District Meals on Wheels Inc.                                                                      4,550.00
 St Vincent de Paul Society Queensland                                                                     2,500.00
 Sunshine Butterflies Inc.                                                                                19,518.00
 Sunshine Coast Reconciliation Group Inc.                                                                  3,300.00
 Sunshine Coast Sports Aviators Inc.                                                                       7,500.00




Noosa Council | 2018/2019 Annual Report                                                                     Page 36

Section 37

Grants Recipients                                              Funding Amounts ($)
Tewantin Noosa Cricket Club Inc.                                             9,640.00
Tewantin Noosa Pony Club Inc.                                               20,000.00
Tewantin Tennis Club Inc.                                                   20,000.00
The Royal Australian Institute Of Architects                                 5,000.00
The Scout Association of Australia Queensland Branch Inc.                    5,000.00
Veggie Village Community Gardens Inc.                                        1,314.00
Women Initiating New Directions Organization Inc. (WINDO)                    1,000.00
Zero Emissions Noosa Incorporated                                            5,000.00
United Synergies (repaid)                                                   -1,260.00
SUB-TOTAL:                                                                 198,643.00
Economic Development Grants
Innovate Noosa Inc.                                                           5,000.00
Noosa Chamber of Commerce and Inductry Inc.                                   3,500.00
Sunshine Coast Creative Alliance                                              1,995.00
Country Noosa Incorporated (2017/18 repaid)                                  -7,900.00
SUB-TOTAL:                                                                    2,595.00
Environment Project Grant
Mary River Catchment Coordination Assoc. Inc.                               15,650.00
Noosa & District Landcare Group Inc.                                        25,000.00
Noosa and District Landcare Group Inc.                                       3,910.00
Reef Check Australia Foundation                                             24,500.00
Zero Emissions Noosa Inc.                                                    3,875.00
SUB-TOTAL:                                                                  72,935.00
Regional Arts Development Fund
Mr James Stuchbery-Davis                                                     5,000.00
Ceramic Centre For Excellence Inc.                                           1,600.00
Dr Amanda Cole                                                               2,540.00
Miss Anna Smith                                                              2,050.00
Mr David Erskine                                                             3,000.00
Ms Angela Dunbavan auspiced by Andrew Veivers                                5,000.00
Ms Florence Teillet                                                          3,180.00
Ms Meaghan Shelton                                                           4,906.00
Ms Tess Chodan                                                               2,174.00
Noosa Arts Theatre Inc.                                                      3,000.00
Noosa Junction Association                                                   6,000.00
Noosa Orchestra                                                              2,107.00
Noosa Shire Arts and Crafts Association                                      1,700.00
Pomona Arts Inc.                                                             3,000.00
Women Initiating New Directions Organisation Inc. (WINDO)                    4,690.00
SUB-TOTAL:                                                                  49,947.00
Three Year Alliance Agreement
Cooroora Historical Society Inc. t/as Noosa Shire Museum                     5,151.13
Cooroy Noosa Genealogical and Historical Research Group Inc.                 5,151.13



Noosa Council | 2018/2019 Annual Report                                        Page 37

Section 38

Grants Recipients                                                                Funding Amounts ($)
Country Noosa Incorporated                                                                     3,090.00
Noosa Arts Theatre Inc.                                                                        7,726.69
Noosa Community District FM Radio Association Inc.                                             7,726.69
Noosa Community Training Centre Inc.                                                          15,000.00
Pomona Arts Inc.                                                                               7,726.69
Sunny Kids Inc. (Formerly ‘Cooroy Family Support Centre’)                                      5,151.13
Sunshine Butterflies Inc.                                                                      7,726.68
The Salvation Army Property Trust                                                             15,968.49
Zero Emissions Noosa Incorporated                                                              5,000.00
SUB-TOTAL:                                                                                    85,418.63
Three Year Alliance Agreement – Emergency Services
Australian Volunteer Coast Guard Association Noosa QF5                                        10,817.36
Lifeflight Australia Limited                                                                  10,809.75
SUB-TOTAL:                                                                                    21,627.11
Three Year Alliance Agreement – Environment
Noosa & District Landcare Group Inc.                                                          15,968.49
Noosa Integrated Catchment Association Inc.                                                   15,968.48
Three Year Alliance Agreement - Environment                                                    7,726.69
SUB-TOTAL:                                                                                    39,663.66
Three Year Festive Season Event Grant
Christian Outreach Centre for Noosa Carols on the River                                        8,241.80
Cooroy Chamber of Commerce Inc. for Christmas in Cooroy                                        7,211.60
East Coast Originals for Peregian Beach Christmas Carols                                       3,608.80
Kin Kin Community Group Inc. for Kin Kin Christmas Tree Event                                  1,545.35
Lake Cootharaba Sailing Club Inc. for New Years Eve on the Lake                                3,090.67
Lions of Cooroy & Pomona Inc. for Pomona Night of Lights                                       2,472.54
Noosa Marina auspiced by Tewantin Noosa Lions Club for New Years Eve Laser and                 5,151.15
Music Show
RSL (Qld Branch)Tewantin-Noosa Sub-branch Inc. Annual Gala Christmas Carnival                  3,605.80
Tewantin Noosa Lions Club and Noosa Heads Rotary Club for Australia Day                       10,302.25
SUB-TOTAL:                                                                                    45,229.96
Three Year Management and Maintenance Community Halls and Centres
Agreement
Cooran Memorial School of Arts Inc.                                                            7,396.09
Cooroy Memorial Hall Association Inc.                                                         12,364.35
Federal Memorial Hall Inc.                                                                     5,060.04
Kin Kin Community Group Inc.                                                                   6,136.04
Peregian Beach Community House Inc.                                                            9,390.51
Pomona & District Community House Inc.                                                        17,567.40
Pomona Memorial School of Arts Inc.                                                           12,565.92
Ridgewood Community Hall Assn Inc.                                                             4,409.36
Rotary Club of Noosa Heads Qld. Inc. for Tait-Duke House                                       2,575.56
Tinbeerwah Hall Inc.                                                                           3,126.74
SUB-TOTAL:                                                                                    80,592.01


Noosa Council | 2018/2019 Annual Report                                                           Page 38

Section 39

 Grants Recipients                                                                            Funding Amounts ($)
 Three Year Signature Event – Environment
 Mary River Catchment Coordination Assoc Inc. for Noosa Water Festival                                          8,757.00
 SUB-TOTAL:                                                                                                     8,757.00
 Three Year Signature Event Agreement
 Cooroy Future Group Inc. for Cooroy Fusion Festival                                                            7,212.00
 Cooroy Pomona Lions Club Inc. for King of the Mountain Festival                                               10,817.00
 Noosa A H & I Society Inc. for Noosa Country Show                                                             10,817.00
 Noosa Heads Jazz Club Inc.                                                                                     5,075.00
 Noosa Long Weekend Inc. for Noosa Alive!                                                                      10,817.00
 SUB-TOTAL:                                                                                                    44,738.00
 Three Year Sports Field Maintenance Agreement
 Cooroora United Football Club Inc.                                                                             8,752.32
 Cooroy Eumundi Cricket Club Inc.                                                                               8,752.32
 Noosa Australian Football Club Inc.                                                                           17,504.66
 Noosa District Junior Rugby League Football Club Inc.                                                         29,174.16
 Noosa District Rugby League Football Club Inc.                                                                11,669.77
 Noosa District Rugby Union Club Inc.                                                                          14,587.21
 Noosa District Softball Association Inc.                                                                      14,587.21
 Noosa Lions Football Club Inc.                                                                                20,422.08
 Noosa Touch Association Inc.                                                                                  11,669.76
 Pomona Cooroy and District Australian Football Club Inc.                                                       8,752.32
 Tewantin Noosa Cricket Club Inc.                                                                              21,880.95
 SUB-TOTAL:                                                                                                   167,752.76
 Water Rebates
 48 different not-for-profit community organisations                                                          75,506.78
 SUB-TOTAL:                                                                                                   75,506.78
 TOTAL EXPENDITURE FOR THE PERIOD:                                                                           893,405.91

Notes:
1. The Regional Arts Development Fund grants were funded 50/50 between Queensland Arts Council and Noosa Council.
   The above amount is Council’s contribution.
2. Grant repayments relate to funds returned to Council relating to previous grant rounds that were not acquitted.


Discretionary funds                                                Beneficial enterprises
Section 109 of the LG Act defines discretionary funds as           Section 39(3) of the LG Act defines a beneficial enterprise as
funds in the local government’s operating fund that are:           an enterprise that a local government considers is directed
                                                                   to benefiting, and can reasonably be expected to benefit, the
   • Budgeted for community purposes; and
                                                                   whole or part of its local government area.
   • Allocated by a Councillor at the Councillor’s discretion.
                                                                   Section 39(4) of the LG Act provides that a local government
There were no Councillor discretionary funds established           is conducting a beneficial enterprise if the local government
during the period.                                                 is engaging in, or helping, the beneficial enterprise.

                                                                   Council did not engage in any beneficial enterprises during
                                                                   the period.



Noosa Council | 2018/2019 Annual Report                                                                              Page 39

Section 40

Business activities                                             Authority did not make any reportable recommendations to
                                                                Council in relation to a competitive neutrality complaint.
A business activity is defined in Schedule 4 of the LG
Act as the trading in goods and services by the local           Services, facilities and activities, for which special rates /
government.                                                     charges were levied

Council conducted the following business activities during      Below is a list of Council levies and special charges for the
the period:                                                     period:
   • Waste management; and                                      »» Tourism and Economic Levy
   • Holiday parks including the Boreen Point                   »» Noosa Waters Lock and Weir Maintenance Levy
     Campground, Noosa North Shore Beachfront                   »» Noosa Waters Canal Maintenance Levy
     Caravan Park and Noosa River Holiday Park.                 »» Noosa Junction Levy
                                                                »» Hastings Street Precinct Maintenance Levy
Significant business activity                                   »» Noosa Main Beach Maintenance Levy
                                                                »» Rural Fire Charge
In accordance with threshold of expenditure and the             »» Hastings Street Community Safety Program Charge
methodology prescribed by sections 19 and 20 of the LG
                                                                »» Lower Noosa North Shore Electricity Charge
Regulation, Council’s waste management activity was
considered a significant business activity for the period.      Note, there were no levies or special charges supplied
                                                                by another local government under an agreement for
                                                                conducting a joint government activity.
Commercial business units
Pursuant to s 27(2) of the LG Regulation, a commercial
business unit is a business unit that conducts business         Summary of concessions for rates
in accordance with the prescribed key principles of             and charges
commercialisation. Council did not nominate any business
activities as commercial business units during the period.      General rate concessions
                                                                In addition to those classes of land granted a general
Competitive neutrality                                          rate exemption per the relevant provisions of the Local
                                                                Government Act 2009 and supporting regulations, Council
Council is committed to ongoing compliance with National
                                                                also provides general rates concessions to land deemed
Competition Policy principles and its legislative obligations
                                                                eligible in accordance with Council’s General Rates
in this area. Furthermore, Council is committed to ensuring
                                                                Donations policy.
that its business activities operate on a level playing field
with private businesses in the community.                       Applications received during the 2018/19 year that meet
                                                                the policy eligibility requirements will be granted a general
Council ensures that the pricing practices for each
                                                                rate concession for the year. Property owners must
business activity comply with the principles of full cost
                                                                immediately notify Council if there is a substantive change
pricing such that total revenue, inclusive of identified and
                                                                of land use for a property in receipt of a general rate
measured community service obligations and net of any
                                                                concession. Council’s General Rates Donation Policy is
advantages and disadvantages of public ownership, should
                                                                available on Council’s website.
aim to cover the following elements:
   • Operational and resource costs;
                                                                Deferment of general rates
   • Administration and overhead costs;
                                                                Chapter 4 Part 10 of the LG Regulation allows Council to
   • Depreciation;
                                                                grant a rating concession to certain ratepayers by entering
   • Tax and debt equivalents; and                              an agreement to defer the payment of rates and charges.
   • Return on capital / return on cost.
                                                                Pursuant to section 120(1)(a), section 121(b) and section
During the period, there were no investigation notices          122(1)(b) of the LG Regulation Council may allow eligible
provided to Council relating to competitive neutrality          pensioners to enter into an agreement to defer the
complaints. Accordingly, the Queensland Competition             payment of rates.


 Noosa Council | 2018/2019 Annual Report                                                                              Page 40

Section 41

Deferment for Pensioners                                             • a Repatriation Health (Gold) Card issued by the
                                                                       Department of Veteran Affairs; or
To assist eligible pensioners who have experienced large             • a Commonwealth Seniors Health Card; or
increases in the value of their property as determined by
                                                                     • a Queensland Seniors Card issued by the
the Department of Natural Resources, Mines and Energy
                                                                       Queensland State Government.
or have experienced financial hardship Council will allow
deferment of up to 50% of the general rate. The deferred         (Note that automatic eligibility applies to those ratepayers
rates will accumulate as a debt against the property until it    currently receiving a Pension Concession on their rate
is sold or until the death of the ratepayer.                     notice. Eligibility for those ratepayers with a Seniors Card
                                                                 will be assessed on a case by case basis.)
The deferment of general rates applies only to rates
payable with respect to land included in Differential General    In accordance with section 122(5) of the LG Regulation,
Rates Categories 1, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15 or 28.    Council is authorised to charge interest, or request
                                                                 payment of an additional charge, to all deferred general
To be eligible to defer up to 50% of the general rate the
                                                                 rates for the relevant period. During the period only one
applicant must:
                                                                 ratepayer had their general rates deferred.
   • own and occupy the property; and
   • have no overdue rates and charges on the said               Pensioner Concessions
     property; and
   • be the holder of a Pension Concession Card issued           Council’s pensioner rate concession to eligible pensioners
     by Centrelink or the Department of Veteran Affairs;         shall be allowed under Chapter 4, Part 10 of the LG
     or                                                          Regulation. Table 10 outlines the method of calculation.


Table 10 – Method of calculation

 Pension Rate                                Sole title to the property              Joint title to the property
 Maximum level of pension                    $230 p.a. max                           $180 p.a. max
                                             $115 per half year                      $90 per half year
 Not Maximum level of pension                $115 p.a. max                           $65 p.a. max
                                             $57.50 per half year                    $32.50 per half year


Single Owner on the Maximum Rate of Pension
                                                                 of pension and has sole title to the property that is their
Where the pensioner is in receipt of the maximum level           principal place of residence, the concession shall be 25%
of pension and has sole title to the property, that is their     of the general rate up to a maximum amount of $115.00
principal place of residence, the concession shall be 25%        per annum.
of the general rate up to a maximum amount of $230.00
per annum.                                                       Joint Owner not on the Maximum Rate of Pension

                                                                 Where the pensioner is not in receipt of the maximum level
Joint Owner on the Maximum Rate of Pension                       of pension and owns the property jointly with one or more
Where the pensioner is in receipt of the maximum level           people, the concession shall be 25% of the general rate up
of pension and owns the property jointly with one or more        to a maximum amount of $65.00 per annum.
people, the concession shall be 25% of the general rate up
to a maximum amount of $180.00 per annum.
                                                                 Invitations to change tenders
Single Owner not on the Maximum Rate of Pension                  There were no reportable invitations made by Council to
                                                                 change tenders during the period.
Where the pensioner is not in receipt of the maximum level




Noosa Council | 2018/2019 Annual Report                                                                            Page 41

Section 42

                                                Community
                                                  Financial
                                                    Report




Noosa Country Show 2018
      Noosa Council | 2018/2019 Annual Report           Page 42

Section 43

Background
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 2018/19 year just ended (1 July 2018 through to 30 June 2019).

Council’s annual financial statements are prepared to comply with Australian Accounting Standards, and contain specific
information regarding financial performance. Financial statements include
                                                                                               Statement
a Statement of Comprehensive Income (i.e. profit and loss), a Statement of
                                                                                                   of
Financial Position (i.e. balance sheet), a Statement of Cash Flows as well
                                                                                            Comprehensive
as a Statement of Changes in Equity. Collectively, these financial statements
                                                                                                Income
provide a formal picture of the financial strength of an organisation.                                      Statement
                                                                                Statement of
The Community Financial Report (CFR) consists of five key reporting                 Cash                        of
                                                                                               Financial
elements, each of which has a specific purpose for the measurement and             Flows                     Financial
                                                                                                Ratios
presentation of Council’s finances. The linkages between the five key elements                               Position
are shown in Figure 1.                                                                        Statement
                                                                                                                                                                                                                                                                                                          of
                                                                                                                                                                                                                                                                                                      Changes in
Highlights and achievements                                                                                                                                                                                                                                                                             Equity
                                                                                                                                                                                                                                                                        Figure 1 - Financial Reporting Elements
Council achieved another strong financial result with the following
positive outcomes delivered during the year:

1.      An operating surplus of $5.6 million resulting from revenue growth in fees and sales, effective expenditure
        management, a reduction in asset depreciation expense as well as some unspent levy funds that are required to
        be held for future use.

2.      A net financial result of $17.5 million when adding Council’s share of Unitywater’s annual profit, capital revenue
        and capital income to Council’s operating profit.

3.      A significant decrease in debt levels through an early loan repayment of $10 million.


Where was the budget spent?
Council spends significant amounts of ratepayer funds providing a range of services to the Noosa community. A
summary of the cost of the services for our major service areas is provided in Figure 2. Spending on these services
(including roads, bridges, parks, community facilities and waste management) makes up a significant component of
Council’s annual budget.
$25,000                                                                                                                                                                                                                                                                                        Figure 2
                                                                                                                                                                                                                                                                                               Operating Cost of
$20,000
                                                                                                                                                                                                                                                                                               Core Council Services
$15,000                                                                                                                                                                                                                                                                                        2018/19
$10,000

     $5,000

        $0
                                                                                 Community Facilities




                                                                                                                                                                                                                                                                        Community Engagement
                                           Waste / Health

                                                            Parks and Reserves




                                                                                                                                                                                                                                                           Local Laws
                                                                                                                                                                                      Building / Plumbing
                                                                                                        Libraries / Galleries

                                                                                                                                Property / Holiday Parks




                                                                                                                                                                                                            Economic Development

                                                                                                                                                                                                                                   Community Development
              Roads / Bridges / Drainage




                                                                                                                                                           Planning and Environment




Noosa Council | 2018/2019 Annual Report                                                                                                                                                                                                                                                                                Page 43

Section 44

Statement of comprehensive income
This statement (also known as the profit and loss) measures how Council performed financially in relation to funding its
operations during the financial year. In simple terms, it summarises how much money was received by Council and how
much was spent in a particular year. Figure 3 summarises Council’s 2018/19 financial performance.

Figure 3 – Council Net Result Financial Performance 2018/19

                         2017/18             2018/19
                          ($’000)             ($’000)
 Revenue                 111,793             112,575
 Expenses                111,200              95,090
 Net Result                   593             17,485

The 2018/19 net result of $17.5 million includes non-operational items such as revenue received specifically to fund
capital expenditure (including grants and subsidies and developer contributions), Council’s share of Unitywater’s annual
profit and movements in investment property valuations.

The removal of the $11.9 million of non-operational items shows Council’s actual operating surplus to be $5.6 million.


Operating revenue – where the money came from
Throughout the financial year, Council received a                              Unitywater
total of $97.4 million in operating revenues (rates,                               9%
                                                                  Grants & Other
fees, operating grants), $8.7 million in capital                      Revenue
revenues (developer contributions, capital grants)                      5%
                                                              Interest
and $6.5 million recorded as revenue from Council’s           Revenue
share of investment in Unitywater.                               5%

Figure 4 outlines the sources of Council’s $97.4
                                                              Fees &
million in operating revenue received in 2018/19.             Charges
                                                               16%
The breakdown in operating revenue confirms that
Council continues to have significant control over
the majority of its income sources, and as a result is
                                                              Other Income                                          Rates & Utility
not reliant on other levels of government or external             1%                                                   Charges
agencies to maintain its financial independence.                                                                        64%

                                                                             Figure 4 - Operating Revenue Sources 2018/19

Key Council revenue sources include:
   • Rates and utility charges comprising general rates, charges for waste collection and disposal, special rates such
     as the tourism and economic levy as well as other separate rates and special charges.
   • Fees and charges include a range of regulatory fees and charges as well as revenue from commercial operations
     such as holiday parks and waste management.
   • Interest revenue includes the return from the investment of available cash.
   • Revenue from other income includes tax payments from Council’s shareholding in Unitywater.




  Noosa Council | 2018/2019 Annual Report                                                                             Page 44

Section 45

Operating expenditure – where the money goes
Council expended a total of $95 million in undertaking operating activities during the financial year.

Figure 5 presents a breakdown by expenditure type for operating expenditure incurred during 2018/19.


                  Depreciation
                     17%


                                                        Employee
          Finance &                                      Benefits
         Other Costs                                      35%
             6%




             Materials &
              Services
                42%



Figure 5 – Operating Expenses by Function 2018/19



Key Council expenditure sources include:
   • Employee benefits - includes staff wages, superannuation, fees paid to Councillors and other employment costs.
   • Depreciation expenditure – records the consumption of community infrastructure assets over their respective
     useful lives, and provides an indication of the level of required expenditure on the rehabilitation and renewal of
     existing assets annually. The revaluation of infrastructure assets during the year has also impacted the annual
     depreciation charge.
   • Materials and services – includes information communication technology, consultancy services, contractor
     services, electricity, external hire, rentals, repairs and maintenance, advertising and donations.
   • Finance and other costs – includes interest paid on loan borrowings, fees associated with the early repayment of
     borrowings and movement in the provision for future landfill rehabilitation costs.


Statement of Financial Position
The statement of financial position (or balance sheet) measures what Council owns (i.e. its assets), and what we owe
(i.e. liabilities) to determine the total community equity (net worth) at the end of each financial year. Overall, Council’s
investment in community capital continues to grow steadily.

Figure 6 summarises the movement in Council’s assets and liabilities that comprise community equity.

Figure 6 – Comparative Statement of Financial Position 2018/19

                                             2017/18                    2018/19
                                              ($’000)                    ($’000)
 Assets                                    1,078,927                   1095,611
 Liabilities                                  62,902                     53,035
 Community Equity                          1,016,024                  1,042,576




Noosa Council | 2018/2019 Annual Report                                                                               Page 45

Section 46

Figure 7 shows Council’s cash and debt holdings as at 30 June 2019 compared to the previous year. Both cash and debt
levels have decreased, which is reflective of the $10 million early loan repayment made during the 2018/19 year. Our net
cash position (i.e. cash less debt) however still actually increased by $3.7 million during the year.

Figure 7 – Cash and Debt Comparison 2018/19

   $70,000

   $60,000

   $50,000

   $40,000

   $30,000

   $20,000

   $10,000

         $-
                                  Cash                                        Debt

                                2017/18 ($,000)          2018/19 ($,000)


Assets – what we own
Current assets are represented by cash, investments, inventories and receivables (money owed to Council). Council’s
current assets as at 30 June 2019 equated to $67.3 million.

Non-current assets of over $1 billion includes property, plant and equipment totalling $886 million, as well as the value of
Council’s investment in Unitywater. Property, Plant and Equipment represents community infrastructure which includes
roads, bridges, stormwater, buildings, land and other operational assets owned and controlled by Council.

The main non-current asset categories and their respective values are shown in the Figure 8.

Figure 8 - Non-Current Assets and Community Infrastructure 2018/19


                                        Work in Progress
                    Parks & Other          $44,061
                    Infrastructure
                       $51,532                                          Land &
                                                                     Improvements
                                                                       $151,708
        Stormwater &
          Drainage
           Network                                                            Buildings
          $119,826                                                            $62,079
                                                                                 Plant &
   Intangible Assets
                                                                                Equipment
         $1,598
                                                                                 $9,515




                                                                      Road & Bridge
                                                                     Network $451,546




Noosa Council | 2018/2019 Annual Report                                                                           Page 46

Section 47

Liabilities – what we owe
Money owed by Council is presented as both current and non-current liabilities in the statement of financial position.
Current liabilities are those amounts that are payable by Council within the next twelve months, and non-current liabilities
are payable beyond the twelve month horizon.

The most significant element is loans raised by Council to fund the investment in community infrastructure. During 2018/19,
Council’s total loan borrowings reduced significantly due to no new loans being drawn down, with the standard annual
existing loan repayments being supplemented with an additional one-off repayment of $10 million.


Statement of changes in equity
The statement of changes in equity illustrates how the net worth of Council has changed as a result of activities undertaken
during the period. Council’s total community equity as at 30 June 2019 is $1.0 billion. Community equity is equal to total
assets (what we own) less total liabilities (what we owe) and represents Council’s net investment in assets.


Statement of cash flows
The statement of cash flows shows where Council has generated cash and where these funds have been expended. The
detailed schedule in the financial statements is summarised in Figure 9 (columns above the line represent cash flowing into
the organisation and columns below the line represent cash payments made).

Figure 9 –Net Cash Flow Sources 2018/19 ($’000)


 $35,000
 $30,000
 $25,000
 $20,000
 $15,000
 $10,000
  $5,000
       $-
 -$5,000
-$10,000
-$15,000
-$20,000
-$25,000
              Operating Activities Investing Activities Financing Activities              Net Movement in
                                                                                               Cash

Key elements to Council’s annual cash flow include:

    • Operating activities depicts the net of income received from rates, interest, grants, etc. and payments made to
      suppliers and employees.

    • Investing activities relate to the acquisition and sale/disposal of long-term assets, generally in the form of roads,
      bridges, plant and equipment, etc. A negative outcome here represents a net investment in community infrastructure
      during the reporting period.

    • Financing activities shows the receipt and repayment of Council borrowings. A negative outcome here represents
      that Council has repaid more loans compared to new borrowings raised.


Noosa Council | 2018/2019 Annual Report                                                                           Page 47

Section 48

    • Net movement in cash represents the total physical movement of cash, with any accounting adjustments and
      accruals removed. The net negative movement in cash for the year of $8.2 million represents a net decrease in
      cash on hand.


Financial ratios
Ratios are useful tools for getting a snap-shot of the financial status and trends of an organisation. Ratios can also be
useful in comparing Noosa Council to other Councils to gain an understanding of relative financial strength. This analysis
is undertaken periodically by the Queensland Treasury Corporation (QTC) in assessing the financial sustainability of
Council.

A number of sustainability ratios are mandated under the Local Government Regulation 2012, including target ranges
for each measure. Details of these ratios are shown in Figure 10, including actual results for the current reporting period
plus projections over the next 9 years.

Figure 10 - Financial Ratios 2018/19 (Actual) to 2027/28 (Forecast)

 Period Ended 30 June                  2019         2020      2021     2022     2023   2024    2025      2026      2027        2028
 Sustainability Ratios
 Operating Surplus Ratio
 Operating Position                   11.6%        0.0%      0.1%      0.0%     0.1%   0.1%    0.1%      0.1%      0.1%       0.1%
 Local Govt Act upper indicator        10%          10%       10%       10%     10%    10%      10%       10%      10%         10%
 Net Financial Liabilities Ratio
 Net Financial Liabilities Ratio    (13.8)%       (5.7)%    (5.3)%    (3.3)%   (3.6)% (6.4)% (10.6)%   (13.8)% (18.8)% (22.0)%
 Local Govt Act upper indicator        60%          60%       60%       60%     60%    60%      60%       60%      60%         60%
 Asset Sustainability Ratio
 Asset Sustainability Ratio         132.3%       110.3% 100.6%        100.3% 103.7% 98.9%     90.4%     89.3%     82.7%       83.0%
 Local Govt Act minimum                90%          90%       90%       90%     90%    90%      90%       90%      90%         90%
 indicator
 Colour Scale:                       Within   Moderate Outside
                                     range              range
										


Operating surplus ratio
This ratio measures the operating surplus achieved for the period and represents the operating surplus / (deficit) as a
percentage of operating revenue. A surplus will be represented by a positive result.

Council’s should be aiming to achieve as a minimum a balanced operating position to ensure that revenues received are
sufficient to fund operations and capital replacement works. The 2018/19 operating surplus ratio of 11.6% is a reflection
of strong revenue growth along with good management of our expenditure, partial prepayment of the 2019/20 financial
assistance grant early in June 2019, revaluation of non-current asset impacts on depreciation expense as well as some
unspent levy funds that are required to be held for future use. The forecast shows Council’s ongoing commitment to
strong financial management.




Noosa Council | 2018/2019 Annual Report                                                                           Page 48

Section 49

Net financial liabilities ratio
This ratio represents Council’s net financial liabilities (total liabilities less current assets) expressed as a percentage of
total operating revenue. The target range is less than 60%. A negative percentage indicates that current assets exceed
total liabilities, and is considered a very strong position.

The strong position of (13.8%) as at 30 June 2019 indicates that Council has capacity to service higher levels of debt if
needed.


Asset sustainability ratio
This ratio is calculated by measuring the annual expenditure on the renewal and rehabilitation of Council’s assets
against the annual depreciation charge. It is a measure of whether Council is reinvesting in existing assets to ensure that
they meet required levels of service for the community.

During 2018/19 Council achieved a ratio of 132.3%. This ratio is reflective of the efficient delivery of the capital program
during the year, including an investment of $19 million in the replacement of infrastructure such as roads, bridges and
buildings. This result reflects Council’s continued investment in infrastructure replacement and adherence to sound asset
management principles to maintain levels of service to the community.


Summary
The financial period ended 30 June 2019 represents another excellent 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.

									




Noosa Council | 2018/2019 Annual Report                                                                               Page 49

Section 50

                                            Financial
                                          Statements
                                              2018/19




Kin Kin
Noosa Council | 2018/2019 Annual Report          Page 50

Section 51

Noosa Shire Council

Financial Statements
for the year ended 30 June 2019


Table of Contents                                                                  Page

1. Primary Financial Statements:
  Statement of Comprehensive Income                                                 52
  Statement of Financial Position                                                   53
  Statement of Changes in Equity                                                    54
  Statement of Cash Flows                                                           55

2. Notes to the Financial Statements
     1    Summary of Significant Accounting Policies                                56
   2(a)   Council Functions - Component Descriptions                                60
   2(b)   Council Functions - Analysis of Results by Function                       61
     3    Revenue Analysis                                                          62
     4    Grants, Subsidies, Contributions and Donations                            64
     5    Employee Benefits                                                         65
     6    Materials and Services                                                    65
     7    Finance Costs                                                             66
     8    Capital Expenses                                                          66
     9    Cash and Cash Equivalents                                                 67
    10    Trade and Other Receivables                                               68
    11    Investment Property                                                       69
    12    Property, Plant and Equipment                                             69
    13    Fair Value Measurements                                                   73
    14    Intangible Assets                                                         79
    15    Trade and Other Payables                                                  79
    16    Borrowings                                                                80
    17    Provisions                                                                81
    18    Other Liabilities                                                         83
    19    Asset Revaluation Surplus                                                 84
    20    Commitments for Expenditure                                               85
    21    Contingent Liabilities                                                    86
    22    Superannuation                                                            86
    23    Operating Lease Income                                                    87
    24    Equity Investments                                                        88
    25    Trust Funds                                                               90
          Reconciliation of Net Result for the year to Net Cash
    26                                                                              90
          Inflow (Outflow) from Operating Activities
    27    Reconciliation of Liabilities arising from Finance Activities             91
    28    Prior Period Adjustments                                                  91
    29    Events Occurring After Balance Sheet Date                                 91
    30    Financial Instruments                                                     92
    31    National Competition Policy                                               97
    32    Transactions with Related Parties                                         98

3. Management Certificate                                                           101

4. Independent Auditor's Report                                                     102

5. Current Year Financial Sustainability Statement                                  105
  Certificate of Accuracy - Current Year Financial Sustainability Statement         107
  Independent Auditor's Report - Current Year Financial Sustainability Statement    108

6. Long Term Financial Sustainability Statement                                     111
  Certificate of Accuracy - Long Term Financial Sustainability Statement            113
                                                                                   page 51

Section 52

Noosa Shire Council

Statement of Comprehensive Income
for the year ended 30 June 2019

                                                                                                                 2019          2018
                                                                                               Notes             $'000         $'000


Income from Continuing Operations
Revenue
Recurrent Revenue
Rates, Levies and Charges                                                                        3a           66,453         64,011
Fees and Charges                                                                                 3b            7,059          6,113
Rental Income                                                                                    3c            1,281          1,301
Interest and Investment Revenue                                                                  3c            4,763          4,701
Sales Revenue                                                                                    3d            9,726          9,201
Other Income                                                                                     3e            2,698          4,064
Grants, Subsidies, Contributions and Donations                                                   4a            5,447          6,052
Total Recurrent Revenue                                                                                       97,427         95,443

Capital Revenue
Grants, Subsidies, Contributions and Donations                                                   4b             8,696        11,275

Total Revenue                                                                                                106,123       106,718

Equity share of profit (loss) in investment in associate through participation
rights                                                                                           24             6,452         5,075

Total Income (Continuing Operations)                                                                         112,575       111,793

Expenses from Continuing Operations
Recurrent Expenses
Employee Benefits                                                                                5            31,962         30,460
Materials and Services                                                                           6            38,893         39,017
Finance Costs                                                                                    7             5,146          2,329
Depreciation and Amortisation                                                                  12, 14         15,805         15,120
Total Recurrent Expenses                                                                                      91,806         86,926

Capital Expenses                                                                                 8              3,284        24,274

Total Expenses (Continuing Operations)                                                                        95,090       111,200

Net Result                                                                                                  17,485             593

Other Comprehensive Income
Items that will not be reclassified to Net Result
Increase/(decrease) in Asset Revaluation Surplus                                                 19             9,070        14,847
Total Other Comprehensive Income                                                                                9,070        14,847

Total Comprehensive Income for the year                                                                     26,555         15,440




The above statement should be read in conjunction with the accompanying Notes and Significant Accounting Policies.       page 52

Section 53

Noosa Shire Council

Statement of Financial Position
as at 30 June 2019

                                                                                                                 2019          2018
                                                                                               Notes             $'000         $'000


ASSETS
Current Assets
Cash and Cash Equivalents                                                                        9            55,981         64,193
Trade and Other Receivables                                                                      10           11,207         11,093
Inventories                                                                                      13              198            225
Total Current Assets                                                                                          67,386         75,511

Non-Current Assets
Trade and Other Receivables                                                                      10           49,718        49,218
Equity Investments                                                                               24           83,342        78,377
Investment Property                                                                              11            3,300         4,167
Property, Plant and Equipment                                                                    12          885,912       866,605
Intangible Assets                                                                                14            5,953         5,049
Total Non-Current Assets                                                                                   1,028,225     1,003,416
TOTAL ASSETS                                                                                               1,095,611     1,078,927

LIABILITIES
Current Liabilities
Trade and Other Payables                                                                         15            9,594         11,681
Borrowings                                                                                       16            3,112          3,969
Provisions                                                                                       17            4,918          4,648
Other Liabilities                                                                                18            2,768            697
Total Current Liabilities                                                                                     20,392         20,995

Non-Current Liabilities
Borrowings                                                                                       16           21,120         32,171
Provisions                                                                                       17           11,523          9,737
Total Non-Current Liabilities                                                                                 32,643         41,908
TOTAL LIABILITIES                                                                                             53,035         62,903
Net Community Assets                                                                                       1,042,576     1,016,024


COMMUNITY EQUITY
Asset Revaluation Surplus                                                                        19           50,809        41,739
Retained Surplus/(Deficiency)                                                                    27          991,767       974,285
Total Community Equity                                                                                     1,042,576     1,016,024




The above statement should be read in conjunction with the accompanying Notes and Significant Accounting Policies.       page 53

Section 54

Noosa Shire Council

Statement of Changes in Equity
for the year ended 30 June 2019

                                                                                            Asset
                                                                                     Revaluation            Retained             Total
                                                                                          Surplus            Surplus            Equity
                                                                       Notes                $'000              $'000             $'000


 2019
Opening Balance                                                                           41,739            974,285         1,016,024
a. Correction to opening balance                                                                 -                    -                -
b. Changes in Accounting Policies (prior year effects)                  1(d)                     -                   (3)              (3)
c. Adjustment on Initial Application of AASB 9                                                   -                    -                -
Opening Balance (as at 1 July 2018)                                                      41,739            974,282         1,016,021

d. Net Result for the Year                                                                       -           17,485            17,485


e. Other Comprehensive Income
 Revaluations: Property, Plant & Equip. Asset Revaluation Surplus       19                 9,070                      -         9,070
Other Comprehensive Income                                                                 9,070                      -         9,070

Total Comprehensive Income (c&d)                                                           9,070            17,485            26,555


Equity Balance as at 30 June 2019                                                        50,809            991,767         1,042,576



                                                                                            Asset
                                                                                     Revaluation            Retained             Total
                                                                                          Surplus            Surplus            Equity
                                                                       Notes                $'000              $'000             $'000


 2018
Opening Balance                                                                           26,892            973,692         1,000,584
a. Correction to opening balance                                                                 -                    -                -
Revised Opening Balance (as at 1 July 2017)                                              26,892            973,692         1,000,584

b. Net Result for the Year                                                                       -               593                 593


c. Other Comprehensive Income
 Revaluations: Property, Plant & Equip. Asset Revaluation Surplus       19                14,847                      -        14,847
Other Comprehensive Income                                                                14,847                      -        14,847

Total Comprehensive Income (c&d)                                                         14,847                 593           15,440


Equity Balance as at 30 June 2018                                                        41,739            974,285         1,016,024




The above statement should be read in conjunction with the accompanying Notes and Significant Accounting Policies.         page 54

Section 55

Noosa Shire Council

Statement of Cash Flows
for the year ended 30 June 2019

                                                                                                                 2019          2018
                                                                                               Notes             $'000         $'000


Cash Flows from Operating Activities

Receipts from Customers                                                                                       92,597         87,075
Payments to Suppliers and Employees                                                                          (78,821)       (77,033)
                                                                                                              13,776         10,042
Receipts:
Investment and Interest Revenue Received                                                                        4,763         4,701
Rental Income                                                                                                   1,281         1,301
Non Capital Grants and Contributions                                                                            5,447         6,052
Income Tax Equivalent Received                                                                                  1,754         3,067
Income from Equity Investments                                                                                  1,487            30
Payments:
Interest Expense                                                                                                 (133)         (131)
Net Cash Inflow/(Outflow) from Operating Activities                                              26           28,375         25,062

Cash Flows from Investing Activities
Receipts:
Proceeds of Sale of Property, Plant and Equipment                                                                 383           154
Grants, Subsidies, Contributions and Donations                                                                  5,140         6,369
Payments:
Payments of Property, Plant and Equipment                                                                    (24,848)       (26,981)
Payments for Intangible Assets                                                                                (1,347)        (1,874)
Net Movement in Loans & Advances                                                                                (625)             -
Net Cash Inflow/(Outflow) from Investing Activities                                                          (21,297)       (22,332)

Cash Flows from Financing Activities
Receipts:
Proceeds from Borrowings                                                                                             -        1,165
Payments:
Repayment of Borrowings                                                                                      (15,290)        (5,165)
Net Cash Inflow/(Outflow) from Financing Activities                                                          (15,290)        (4,000)

Net Increase/(Decrease) in Cash and Cash Equivalents held                                                      (8,212)       (1,270)
Cash and Cash Equivalents at the beginning of the financial year                                              64,193         65,463

Cash and Cash Equivalents at the end of the financial year                                       9            55,981         64,193




The above statement should be read in conjunction with the accompanying Notes and Significant Accounting Policies.       page 55

Section 56

                                                                                                 Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 1. Summary of Significant Accounting Policies

(1.a)    Basis of preparation                                 (1.d)     Adoption of New and Revised Accounting
                                                                        Standards
These general purpose financial statements are for the
period 1 July 2018 to 30 June 2019 and have been              In the current year, Council adopted all of the new and
prepared in compliance with the requirements of the Local     revised Standards and Interpretations issued by the
Government Act 2009 and the Local Government                  Australian Accounting Standards Board (AASB) that are
Regulation     2012.    Consequently,   these    financial    relevant to its operations and effective for the current
statements have been prepared in accordance with all          reporting period. The adoption of the new and revised
Australian Accounting Standards, Australian Accounting        Standards and Interpretations has not resulted in any
Interpretations and other authoritative pronouncements        material changes to Council's accounting policies.
issued by the Australian Accounting Standards Board.
                                                              Noosa Shire Council has not applied any Australian
These financial statements have been prepared under the       Accounting Standards and Interpretations that have been
historical cost convention except for the following:          issued but are not yet effective.

   Financial assets and liabilities, certain classes of      This year Council has applied AASB 9 Financial Instruments
    property, plant and equipment and investment              for the first time. AASB 9 replaces AASB 139 and relates to
    property which are measured at fair value;                the recognition, classification and measurement of financial
                                                              assets and financial liabilities. Implementing AASB 9 has
Council is constituted under the Queensland Local             resulted in a change to the way council calculates
Government Act 2009 and is domiciled in Australia.            impairment provisions, which are now based on expected
                                                              credit losses instead of incurred credit losses.
Council uses the Australian dollar as its functional
currency and its presentation currency.                       On 1 July 2018 (the date of initial application), council re-
                                                              assessed the classification, measurement category and
Amounts included in the financial statements have been        carrying amount of each financial instrument (listed below)
rounded to the nearest $1,000 unless otherwise indicated.     in accordance with AASB 9. There were some changes to
                                                              classification, but this did not result in changes to
Comparative information has been restated where               measurement categories (listed below). Carrying amounts
necessary to be consistent with disclosures in the current    were also unchanged, except for receivables which
reporting period.                                             decreased by $2,807 due to an increase in impairment
                                                              under the new rules. A corresponding adjustment was made
(1.b)    Statement of Compliance                              to retained earnings as at 1 July 2018.

These general purpose financial statements comply with        Financial asset/liability           Measurement
all accounting standards and interpretations issued by the                                        Category (unchanged)
Australian Accounting Standards Board (AASB) that are
relevant to Council's operations and effective for the        Cash and cash equivalents           Amortised cost
current reporting period. Because the Council is a not-for-   Receivables                         Amortised cost
profit entity and the Australian Accounting Standards         Other financial assets              Amortised cost
include requirements for not-for-profit entities which are    Borrowings                          Amortised cost
inconsistent with International Financial Reporting
Standards (IFRS), to the extent these inconsistencies are     Some Australian Accounting Standards and Interpretations
applied, these financial statements do not comply with        have been issued but are not yet effective. Those standards
IFRS. The main impacts are the offsetting of revaluation      have not been applied in these financial statements. Council
and impairment gains and losses within a class of assets,     will implement them when they are effective.
and the timing of the recognition of non-reciprocal grant
revenue.                                                      The standards that are expected to have a material
                                                              impact upon Council's future financial statements are:
(1.c)    Date of Authorisation
                                                              Effective for annual reporting periods beginning on or
                                                              after 1 July 2019
The financial statements were authorised for issue on the
date they were submitted to the Auditor-General for final
                                                                  AASB 15 Revenue from Contracts with Customers,
signature. This is the date the management certificate is
                                                                   AASB 1058 Income of Not-for-Profit Entities and AASB
signed.
                                                                   2016-8 Amendments to Australian Accounting
                                                                   Standards - Australian Implementation Guidance for
                                                                   Not-for-Profit Entities.



                                                                                                                   page 56

Section 57

                                                                                                   Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 1. Summary of Significant Accounting Policies (continued)

   AASB 1058 clarifies and simplifies the income                    - Revenue decrease due to deferral of grant funding,
   recognition requirements that apply to not-to-profit             pre-paid rates, and other sales related revenue (based
   (NFP) entities, in conjunction with AASB 15, and                 on the facts available to Council at the date of
   AASB 2016-8. These Standards supersede the                       assessment).
   majority of income recognition requirements relating
   to public sector NFP entities, previously in AASB 1004           - There would be an equal reduction in the reported
   Contributions.                                                   equity as the reduced revenue will require an increase
                                                                    in recognition of contract liabilities, and statutory
   Identifiable impacts at the date of this report are:             receivables.

   Some grants received by the Council will be                      - Net result would be lower on initial application as a
   recognised as a liability, and subsequently recognised           result of decreased revenue. A range of new
   progressively as revenue as the Council satisfies its            disclosures will also be required by the new standards
   performance obligations under the grant. At present,             in respect of the council's revenue.
   such grants are recognised as revenue upfront.
                                                                    Transition method
   Grants that are not enforceable and/or not sufficiently
   specific will not qualify for deferral, and continue to be       The Council intends to apply AASB 15, AASB 1058 and
   recognised as revenue as soon as they are controlled.            AASB 2016-8 initially on 1 July 2019, using the
   Council receives several grants from the Federal                 modified retrospective approach. The recognition and
   Government and State Government for which there                  measurement principles of the standards will be
   are no sufficiently specific performance obligations             retrospectively applied for the current year and prior
   these are expected to continue being recognised as               year comparatives as though the standards had always
   revenue upfront assuming no change to the current                applied, consistent with AASB 108 Accounting Policies,
   grant arrangements.                                              Changes in Accounting Estimates and Errors.

   Depending on the respective contractual terms, the               The Council intends to apply the practical expedients
   new requirements of AASB 15 may potentially result               available for the full retrospective method. Where
   in a change to the timing of revenue from sales of the           revenue has been recognised in full under AASB 1004,
   Council's goods and services such that some revenue              prior to 1 July 2019, but where AASB 1058 would have
   may need to be deferred to a later reporting period to           required income to be recognised beyond that date, no
   the extent that the Council has received payment but             adjustment is required. Further, Council is not required
   has not met its associated performance obligations               to restate income for completed contracts that start and
   (such amounts would be reported as a liability in the            complete within a financial year. This means where
   meantime).                                                       income under AASB 1004 was recognised in the
                                                                    comparative financial year (i.e. 2018/19), these also do
   Prepaid rates will not be recognised as revenue until            not require restatement.
   the relevant rating period starts. Until that time these
   receipts will be recognised as a liability (unearned
   revenue).                                                       AASB 16 Leases – Council has assessed the impacts
                                                                    of the new standard that initial application of AASB 16
   Revenue from Special rates and charges are currently             will have on its consolidated financial statements,
   recognised as revenue upon receipt. As these funds               however, the actual impacts may differ as the new
   relate to the completion of specific implementation              accounting policies are subject to change until the
   plans and are refundable under the Local Government              Council presents its first financial statements that
   Regulations 2012 they will now initially be recorded as          include the date of initial application.
   unearned revenue and recognised only as revenue
   when the performance obligations are satisfied.                  AASB 16 introduces a single, on-balance sheet lease
                                                                    accounting model for lessees. A lessee recognises a
   Membership revenue will be recognised in line with               right-of-use asset representing its right to use the
   the membership period to which the fees were paid                underlying asset and a lease liability representing its
   which is a change to the current recognition of                  obligation to make lease payments. There are
   revenue upon receipt.                                            recognition exemptions for short-term leases and
                                                                    leases of low-value items. Lessor accounting remains
   There will be no impact upon the recognition of other            similar to the current standard – i.e. lessors continue to
   fees and charges.                                                classify leases as finance or operating leases.

   Based on Councils assessment, if Council had
   adopted the new standards in the current financial
   year it would have had the following impacts:

                                                                                                                    page 57

Section 58

                                                                                                  Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 1. Summary of Significant Accounting Policies (continued)

   Leases in which the Council is a lessee
                                                                  Transition method
   The Council will recognise new assets and liabilities
   for its operating leases of IT equipment and land              The Council intends to apply AASB 16 initially on 1 July
   parcels. The nature of expenses related to those               2019, using the modified retrospective approach.
   leases will now change because the Council will                Therefore, the cumulative effect of adopting AASB 16
   recognise a depreciation charge for right-of-use               will be recognised as an adjustment to the opening
   assets and interest expense on lease liabilities.              balance of retained earnings at 1 July 2019, with no
                                                                  restatement of comparative information.
   Previously, the Council has recognised an operating
   lease expense on a straight-line basis over the term of        The Council intends to apply the practical expedient for
   the lease, and recognised assets and liabilities only to       the definition of a lease on transition. This means that it
   the extent that there was a timing difference between          will apply AASB 16 on transition only to contracts that
   actual lease payments and the expense recognised.              were previously identified as leases applying AASB 117
                                                                  Leases and Interpretation 4 Determining whether an
   The Council has elected not to recognise IT                    Arrangement contains a Lease.
   equipment leases under the AASB 16 as they have
   been assessed as being low-value assets under the          The standards not expected to have a material impact
   standard.                                                  upon Council's future financial statements are:

   No significant impact is expected for the Council’s        Effective for annual reporting periods beginning on or
   finance leases.                                            after 1 January 2019

   Based on Councils assessment, it is expected that the         AASB 1059        Service    Concession     Arrangements:
   first-time adoption of AASB 16 for the year ending 30          Grantors
   June 2020 will have the following impacts:
                                                                 AASB 1059 Service           Concession     Arrangements:
   - Lease assets and financial liabilities on the balance        Grantors (Appendix D)
   sheet will increase/decrease by $174,267 and
   $174,267 respectively (based on the facts available to        AASB 2016-8 Amendments to Australian Accounting
   Council at the date of assessment).                            Standards - Australian Implementation Guidance for
                                                                  Not-for-Profit Entities
   - There will be a reduction in the reported equity as
   the carrying amount of lease assets will reduce more          AASB 2017-1 Amendments to Australian Accounting
   quickly than the carrying amount of lease liabilities.         Standards - Transfers of Investment Property, Annual
                                                                  Improvements    2014-2016      Cycle   and     Other
   - Net result will be lower on initial application as           Amendments
   depreciation and the lease liability interest will be
   initially higher than operating lease expenses                AASB 2017-4 Amendments to Australian Accounting
   previously recorded.                                           Standards – Uncertainty over Income Tax Treatments
   Leases in which the Council is a lessor                       AASB 2017-6 Amendments to Australian Accounting
                                                                  Standards – Prepayment Features with Negative
   No significant impact is expected for other leases in          Compensation
   which the Council is a lessor.
                                                                 AASB 2017-7 Amendments to Australian Accounting
   Peppercorn Leases
                                                                  Standards – Long-term Interests in Associates and
                                                                  Joint Ventures
   Council is the leasee of a number of Deed of Grant in
   Trust leases, for which no or little lease payments are
                                                                 AASB 2018-1 Amendments to Australian Accounting
   made. These have been identified as peppercorn
                                                                  Standards – Annual Improvements 2015–2017 Cycle
   leases which are currently not recognised in Council's
   financial statements. Council does not intend to elect
                                                                 AASB 2018-2 Amendments to Australian Accounting
   not to apply the fair value measurement requirements
                                                                  Standards – Plan Amendment, Curtailment or
   to these leases until such time as this requirement is
                                                                  Settlement
   mandated.
                                                                 AASB 2018-3 Amendments to Australian Accounting
                                                                  Standards – Reduced Disclosure Requirements



                                                                                                                   page 58

Section 59

                                                                                                  Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 1. Summary of Significant Accounting Policies (continued)

   AASB 2018-4 Amendments to Australian Accounting             Financial liabilities
    Standards – Australian Implementation Guidance for
    Not-for-Profit Public Sector Licensors                          Payables - measured at amortised cost. Note 15.
                                                                    Borrowings - measured at amortised cost. Note 16.
   AASB 2018-5 Amendments to Australian Accounting
    Standards - Deferral of AASB 1059                           Financial assets and financial liabilities are presented
                                                                separately from each other and offsetting has not been
                                                                applied. All other disclosures relating to the measurement
Effective for annual reporting periods beginning on or          and financial risk management of financial instruments are
after 1 January 2021                                            included in Note 30.

   AASB 17 Insurance Contracts                                 (1.g)     Taxation
   AASB 17 Insurance Contracts (Appendix D)                    Income of local authorities and public authorities is exempt
                                                                from Commonwealth taxation except for Fringe Benefits Tax
(1.e)    Critical accounting judgements and key                 and Goods and Services Tax (‘GST’). The net amount of
         sources of estimation uncertainty                      GST recoverable from the ATO or payable to the ATO is
                                                                shown as an asset or liability respectively.
In the application of Council's accounting policies,
management is required to make judgements, estimates            Unitywater pays Council an income tax equivalent in
and assumptions about carrying values of assets and             accordance with the requirements of the Local Government
liabilities that are not readily apparent from other sources.   Act 2009. Where the activity of such an entity is subject to
The estimates and associated assumptions are based on           the tax equivalents regime, the income tax expense is
historical experience and other factors that are considered     calculated on the operating surplus adjusted for permanent
to be relevant. Actual results may differ from these            differences between taxable and accounting income.
estimates. The estimates and ongoing assumptions are
reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the
estimate is revised and in future periods as relevant.

Judgements, estimates and assumptions that have a
potential significant effect are outlined in the following
financial statement notes:

        Investment Property - Note 11
        Valuation and depreciation of Property, Plant &
         Equipment - Note 12
        Provisions - Note 17
        Contingent Liabilities - Note 21
        Financial Instruments and Financial Assets - Note
         30.

(1.f)    Financial assets and financial liabilities

Council recognises a financial asset or a financial liability
in its Statement of Financial Position when, and only
when, Council becomes a party to the contractual
provisions of the instrument.

Noosa Shire Council has categorised and measured the
financial assets and financial liabilities held at balance
date as follows:

Financial assets

   Cash and cash equivalents. Note 9.
   Receivables - measured at amortised cost. Note 10.



                                                                                                                   page 59

Section 60

                                                                                            Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 2(a). Council Functions - Component Descriptions


Details relating to the Council's functions / activities as reported in Note 2(b) are as follows:

CEO
The goal of the Chief Executive Officer function is to provide leadership to the organisation to ensure it meets its
strategic and operational objectives, as well as to provide executive support to Councillors, the Chief Executive
Officer (CEO) and Council leadership team. Service areas include the CEO's Office and Internal Audit.

COMMUNITY SERVICES
Community Services goals are to provide facilities and opportunities for residents and visitors to participate in
community, cultural and recreational activities across the shire; protect the health and safety of the Noosa
community; and assist community groups and organisations through the provision of advice and community grants.
Service areas include Cemeteries, Community Development, Cooroy and Noosaville Libraries, Environmental
Health, Local Laws, Noosa Aquatic Centre, Noosa Community Support, Noosa Leisure Centre, Noosa Regional
Gallery, Pest and Vector Control, the J and Waste Management.

INFRASTRUCTURE SERVICES
The goals of the Infrastructure Services department is to provide efficient planning, maintenance and delivery of
infrastructure over its lifecycle. The department operates and maintains infrastructure including roads and bridges,
buildings, canals, parks, stormwater drainage, waterways and beaches in the Noosa Shire in accordance with
established service levels. Service areas include Asset Management, Council Buildings and Facilities, Civil
Operations, Infrastructure Planning, Design and Delivery.

EXECUTIVE SERVICES
The goal of the Executive Services office is to provide effective governance oversight of the organisation, human
resource management support to the organisation and ensure Council's customer focus including communication
and community engagement processes. Service areas include Community Engagement, Customer Service,
Executive Services, Governance as well as People and Culture.


CORPORATE SERVICES
The goal of the Corporate Services department is to provide effective support to the organisation to ensure that
Council services are provided in accordance with agreed service levels that ensure Council's ongoing sustainability.
Service areas include Financial Services, Information Communication Technology, Procurement and Fleet,
Property and Facilities as well as Revenue Services.

ENVIRONMENT AND SUSTAINABLE DEVELOPMENT
The goal of the Environment and Sustainable Development department is to provide effective planning,
development compliance, economic development and environmental services that promote long-term sustainable
outcomes for the Noosa community. Service areas include Building and Plumbing Services, Economic
Development, Development Assessment, Environmental Services and Strategic Land Use Planning.




                                                                                                             page 60

Section 61

                                                                                                                                             Financial Statements 2019




          Noosa Shire Council

          Notes to the Financial Statements
          for the year ended 30 June 2019

          Note 2(b). Analysis of Results by Function
                                                    Gross Program       Elimination                   Gross Elimination
                                                        Income              of Inter-      Total   Expenses    of Inter-         Total       Net
          Functions                                                                                                                                  Total Assets
                                                       Recurring           Function      Income                 Function     Expenses      Result
                                                                                                   Recurring
                                                    Grants       Other    Activities                            Activities
          2019                                       $'000        $'000      $'000         $'000       $'000       $'000         $'000      $'000            $'000
          CEO                                             -           43           -         43       (1,741)        227        (1,514)    (1,471)               5
          Community Services                         3,581        24,192      (1,528)     26,245     (35,150)      7,081       (28,069)    (1,824)          1,203
          Infrastructure Services                    2,372         8,537      (3,127)      7,782     (38,612)      7,232       (31,380)   (23,598)            140
          Executive Services                            15         3,469      (3,464)        20       (4,359)        813        (3,546)    (3,526)            339
          Corporate Services                         2,322        72,668     (11,910)     63,080     (23,081)      2,735       (20,346)   42,734        1,070,214
          Environment and Sustainable Development       34        10,630        (224)     10,440     (12,399)     2,164        (10,235)      205            1,239
          Total Council                              8,324       119,539     (20,253)    107,610    (115,342)    20,252        (95,090)   12,520        1,073,140
          Controlled Entity Net of Eliminations           -        4,965           -       4,965           -            -            -     4,965           22,364
          Total                                      8,324     124,504     (20,253)     112,575    (115,342)    20,252        (95,090)    17,485      1,095,504
                                                    Gross Program       Elimination                   Gross Elimination
                                                        Income              of Inter-      Total   Expenses    of Inter-         Total       Net
          Functions                                                                                                                                  Total Assets
                                                       Recurring           Function      Income                 Function     Expenses      Result
                                                                                                   Recurring
                                                    Grants       Other    Activities                            Activities
          2018                                       $'000        $'000      $'000         $'000       $'000       $'000         $'000     $'000             $'000
          CEO                                            -             -           -           -      (1,705)        237        (1,468)    (1,468)              -
          Community Services                         3,447        23,375      (1,575)     25,247     (32,669)      6,910       (25,759)      (512)          1,148
          Infrastructure Services                    3,937         8,620      (2,679)      9,878     (36,178)      6,463       (29,715)   (19,837)            168
          Executive Services                            20         3,250      (3,250)        20       (4,086)        717        (3,369)    (3,349)            308
          Corporate Services                         2,211        70,183     (11,474)     60,920     (43,745)      2,739       (41,006)   19,914        1,059,922
          Environment and Sustainable Development      793        10,112        (221)     10,684     (12,017)     2,133         (9,884)       800             (16)
          Total Council                             10,408       115,540     (19,199)    106,749    (130,400)    19,199       (111,201)    (4,452)      1,061,530
          Controlled Entity Net of Eliminations           -        5,045           -       5,045           -            -            -     5,045           17,397
page xx




          Total                                     10,408     120,585     (19,199)     111,794    (130,400)    19,199       (111,201)      593       1,078,927



                                                                                                                                                              page 61

Section 62

                                                                                        Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 3. Revenue Analysis
                                                                                              2019              2018
                                                                               Notes          $'000             $'000


Rates, levies, grants and other revenue are recognised as revenue on receipt of funds or earlier upon
unconditional entitlements to the funds.

(a). Rates, Levies and Charges
Where rates monies are received prior to the commencement of the rating/levying period, the amount is
recognised as revenue in the period in which they are received, otherwise rates are recognised at the
commencement of rating period.

General Rates                                                                               49,740            47,955
Separate Rates                                                                               5,691             5,672
Special Rates                                                                                1,553             1,543
Waste Utility Charges                                                                       12,368            11,525
Other Rates, Levies and Charges                                                                  -                (1)
Total rates and utility charge revenue                                                      69,352            66,694

Less: Discounts                                                                              (2,112)          (1,888)
Less: Pensioner remissions                                                                     (787)            (795)

TOTAL RATES, LEVIES AND CHARGES                                                            66,453            64,011


(b). Fees and Charges
Fees and charges are recognised upon unconditional entitlement to the funds. Generally this is upon lodgement
of the relevant applications or documents, issuing of the infringement notice or when the service is provided.

Building and Development Fees                                                                 3,216            2,741
Permits and Licences                                                                            944              831
Fines and Penalties                                                                             233              270
Registration Fees                                                                               381              334
Parking Penalties                                                                             1,007              692
User Fees and Charges                                                                           777              639
Other Statutory Fees                                                                            501              606

TOTAL FEES AND CHARGES                                                                       7,059            6,113




                                                                                                         page 62

Section 63

                                                                                          Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 3. Revenue Analysis (continued)
                                                                                                2019              2018
                                                                                 Notes          $'000             $'000


(c). Interest and Investment Revenue
Interest received from term deposits is accrued over the term of the investment. Dividends are recognised once
they are formally declared by the directors of the associated entities.

Investments                                                                                     1,781             1,659
Interest from Overdue Rates and Utility Charges                                                   511               493
Loan to Unitywater                                                                              2,471             2,549

TOTAL INTEREST AND INVESTMENT REVENUE                                                          4,763            4,701


(d). Sales Revenue
The amount recognised as revenue for contract revenue during the financial year is the amount receivable in
respect of invoices issued during the period.

Sale of services
Contract and Recoverable Works                                                                     26                34
Waste Management Charges                                                                        2,492             2,296
Venue Hire                                                                                        403               384
Holiday Parks Fees and Charges                                                                  3,093             3,241
Learn to Swim                                                                                     655               704
Admission Fees                                                                                  1,260             1,139
Total Sale of Services                                                                          7,929             7,798
Sale of goods
Sale of Recyclables                                                                             1,129               755
Retail Shop Sales                                                                                 668               648
Total Sale of Goods                                                                             1,797             1,403

TOTAL SALES REVENUE                                                                            9,726            9,201

There are no contracts in progress at the year end. The contract work carried out is not subject to retentions.


(e). Other Income

Unitywater Income Tax Equivalent Received                                                       1,754             3,067
Other                                                                                             944               997

TOTAL OTHER INCOME                                                                             2,698            4,064




                                                                                                           page 63

Section 64

                                                                                          Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 4. Grants, Subsidies, Contributions and Donations
                                                                                                2019              2018
                                                                                 Notes          $'000             $'000


Grants & Subsidies
Grants, subsidies and contributions that are non-reciprocal in nature are recognised as revenue in the year in
which Council gains control over them.

Where grants are received that are reciprocal in nature, revenue is recognised as the various performance
obligations are fulfilled under the funding agreement. Council does not currently have any reciprocal grants.

Non-cash contributions
Non-cash contributions with a value in excess of the recognition thresholds, are recognised as revenue and as
non-current assets. Non-cash contributions below the thresholds are recorded as revenue and expenses.
Physical assets contributed to Council by developers in the form of road works, stormwater, infrastructure and
park equipment are recognised as revenue when the development becomes "on maintenance" (i.e. the Council
obtains control of the assets and becomes liable for any ongoing maintenance) and there is sufficient data in the
form of drawings and plans to determine the approximate specifications and values of such assets. All non-cash
contributions are recognised at the fair value of the contribution received on the date of acquisition.

Cash contributions
Council receives cash contributions from property developers to construct assets such as roads and footpaths.
Where agreements between Council and the developers relating to these contributions are determined to fall
within the scope of AASB Interpretation 18 Transfers of Assets from Customers, these contributions are
recognised as revenue when the related service obligations are fulfilled.

(a) Recurrent
General Purpose Grants                                                                          2,269            2,200
State Government Subsidies and Grants                                                             742            1,089
Commonwealth Government Subsidies and Grants                                                    2,398            2,673
Donations                                                                                          28               60
Contributions                                                                                       3               11
Other Non-Government Subsidies                                                                      7               19
TOTAL RECURRENT GRANTS, SUBSIDIES,
CONTRIBUTIONS AND DONATIONS                                                                    5,447             6,052

(b) Capital
State Government Subsidies and Grants                                                           1,437            3,016
Commonwealth Government Subsidies and Grants                                                    1,468            1,411
Contributions                                                                                   2,235            1,942
Non-Monetary - Developer Assets contributed by Developers at Fair Value                         3,556            4,906
TOTAL CAPITAL GRANTS, SUBSIDIES,
CONTRIBUTIONS AND DONATIONS                                                                    8,696            11,275




                                                                                                           page 64

Section 65

                                                                                                      Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 5. Employee Benefits
                                                                                                             2019              2018
                                                                                            Notes            $'000             $'000


Wages and Salaries                                                                                         24,940           24,162
Annual, Sick and Long Service Leave Entitlements                                                            4,303            3,995
Superannuation                                                                                22            3,275            3,110
Councillors Remuneration                                                                                      548              536
                                                                                                           33,066           31,803
Other Employee Related Expenses                                                                             1,491            1,462
                                                                                                           34,557           33,265
Less: Capitalised Employee Expenses                                                                        (2,595)           (2,805)
TOTAL EMPLOYEE BENEFITS                                                                                   31,962           30,460
Councillor remuneration represents salary, and other allowances paid in respect of
carrying out their duties.

Additional information:
Total Employees at Year End:
Administration Staff                                                                                          282                 273
Depot and Outdoors Staff                                                                                       93                  92
Total Full time Equivalent Employees                                                                          375                 365
Total Elected Members                                                                                           7                   7


Note 6. Materials and Services
                                                                                                              2019             2018
Administration Supplies and Consumables                                                                       724              821
Audit Services *                                                                                              147              198
Communications and IT                                                                                         828              709
Consultancy Services                                                                                        1,117            1,521
Contract Services                                                                                          19,314           19,928
Commission Paid                                                                                               954              783
Donations, Contributions and Prizes                                                                         3,295            3,576
Electricity                                                                                                 1,695            1,713
Fleet Operating Costs                                                                                       1,639            1,735
Grants Paid to Community Organisations                                                                        893              940
Insurance                                                                                                     509              481
Legal Expenses                                                                                              1,158            1,163
Operating Leases - Rentals                                                                                    135              144
Software and Maintenance                                                                                    1,809            1,034
Water and Sewerage Costs                                                                                      967              950
Other Materials and Services                                                                                3,960            3,806
Less: Capitalised Internal Expenses                                                                          (251)            (485)

TOTAL MATERIALS AND SERVICES                                                                              38,893           39,017
* Total audit fees quoted by the Queensland Audit Office relating to the 2018-19 financial statements were $134,800 (2018: $131,500).



                                                                                                                        page 65

Section 66

                                                                 Financial Statements 2019


Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 7. Finance Costs
                                                                       2019              2018
                                                         Notes         $'000             $'000


Finance costs - Queensland Treasury Corporation                        3,382            2,104
Bank Charges                                                             131              118
Impairment of Debts                                                        1               13
Landfill Restoration                                                   1,632               94

TOTAL FINANCE COSTS                                                   5,146            2,329



Note 8. Capital Expenses
                                                                        2019             2018
(a) Revaluation decrement


Downwards Revaluation of Property, Plant and Equipment    12               -           23,437
Downwards Revaluation of Investment Property              11             867              238
                                                                        867           23,675

(b) Other capital expenses

Loss on Write-Off of Assets and Disposal of Assets                     2,417                 599
                                                                      2,417                  599

TOTAL CAPITAL EXPENSES                                                3,284           24,274




                                                                                  page 66

Section 67

                                                                                            Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 9. Cash and Cash Equivalents
                                                                                                     2019           2018
                                                                                   Notes             $'000          $'000


Cash and Cash Equivalents
Cash and cash equivalents includes cash on hand, all cash and cheques receipted but not banked at the year
end, deposits held at call with financial institutions, other short-term, highly liquid investments with original
maturities of three months or less that are readily convertible to known amounts of cash which are subject to an
insignificant risk of changes in value, and bank overdrafts.

Cash at Bank and on Hand                                                                              209               363
Cash Equivalent Assets
 - Deposits at Call                                                                             39,772            57,830
 - Term Deposits                                                                                16,000             6,000

TOTAL CASH ASSETS AND CASH EQUIVALENTS                                                          55,981           64,193

Restricted Cash and Cash Equivalents
Council's Cash and Cash Equivalents are subject to a number of Internal and External Restrictions that limit
amounts available for discretionary of future use.
These include:
Externally imposed expenditure restrictions at the reporting date relate to the
following cash assets:
Unspent Government Grants and Subsidies                                                                97            186
Unspent Levy Funds                                                                                  5,595          6,219
Unspent Developer Contributions                                                                       980            717
Unspent Carbon Tax                                                                                    502            502
Total External Restrictions                                                                         7,174         7,625

Internally imposed expenditure restrictions at the reporting date relate to the following assets:
Future Asset Replacement                                                                                -          2,702
Natural Disaster Rehabilitation                                                                     2,487          2,396
Waste Management                                                                                    3,714          4,334
Specific Purpose Recurrent                                                                          1,482          1,873
Total Internal Restrictions                                                                         7,683        11,305

Total Unspent Restricted Cash and Cash Equivalents                                              14,857           18,930

Cash and deposits at call are held in the Commonwealth Bank in a normal business cheque account.
On call accounts are also held with QTC. Deposits at call earned variable interest over varying terms at interest
rates of between 1.20% and 3.20%.

Investments
Term deposits with a maturity date great than three months post reporting date are treated as investments, with
deposits of less than three months being reported as cash equivalents.




                                                                                                             page 67

Section 68

                                                                                            Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 10. Trade and Other Receivables
                                                                                                   2019             2018
Receivables
Trade receivables are recognised at the amounts due at the time of sale or service delivery i.e. the agreed
purchase price / contract price. Settlement of these amounts is required within 30 days from invoice date.
The collectability of receivables is assessed periodically and if there is objective evidence that Council will not be
able to collect all amounts due, the carrying amount is reduced for impairment. The loss is recognised in finance
costs. The amount of the impairment is the difference between the asset’s carrying amount and the present value
of the estimated cash flows discounted at the effective interest rate.
All known bad debts were written-off at 30 June 2019. Subsequent recoveries of amounts previously written off in
the same period are recognised as finance costs in the Statement of Comprehensive Income. If an amount is
recovered in a subsequent period it is recognised as revenue.
Because Council is empowered under the provisions of the Local Government Act 2009 to sell an owner's property
to recover outstanding rate debts, Council does not impair any rate receivables.

                                                                                                  2019              2018
                                                                                  Notes           $'000             $'000


Current

Rateable Revenue and Utility Charges                                                             4,461             4,420
Other Debtors                                                                                        4                 1
GST Recoverable                                                                                    632             1,153
Accrued Revenue                                                                                  2,087             1,907
Prepayments                                                                                      2,455             2,208
Fees and Charges                                                                                 1,447             1,406
Loans and Advances to Community Organisations                                                      125                 -
Total                                                                                           11,211            11,095

Less: Provision for Impairment
Fees and Charges                                                                                      (4)               (2)
Total Provision for Impairment - Receivables                                                          (4)               (2)


TOTAL CURRENT TRADE AND OTHER RECEIVABLES                                                      11,207            11,093

Non-Current

Loans and Advances to Associates                                                                49,218            49,218
Loans and Advances to Community Organisations                                                      500                 -
TOTAL NON-CURRENT TRADE AND OTHER RECEIVABLES                                                  49,718            49,218

Interest is charged on outstanding rates at a rate of 11% per annum. There is no concentration of credit risk for
rates and utility charges, fees and other debtors receivable.

A loan agreement for the subordinated debt was executed on the 21 June 2013. The interest only loan structure
terminates on the 30 June 2033 with the interest 'rate set by QTC annually. Applicable interest rate for 2019 was
5.02% (2018: 5.18%).


                                                                                                             page 68

Section 69

                                                                                             Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 11. Investment Property
                                                                                                   2019              2018
                                                                                   Notes           $'000             $'000


Investment property is property held for the primary purpose of earning rentals and/or capital appreciation.
Investment property is measured using the fair value model. This means all investment property is initially
recognised at cost (including transaction costs) and then subsequently revalued annually at the balance date.
Gains or losses arising from changes in the fair value of investment property are recognised as incomes or
expenses respectively for the period in which they arise. Investment property is not depreciated and is not tested
for impairment.

Fair value at beginning of financial year                                                          4,167            4,405
Revaluation decrement                                                                               (867)            (238)

TOTAL INVESTMENT PROPERTY                                                                         3,300            4,167

Operating expenses in respect of investment property are reported in Note 6 and 23.




Note 12. Property, Plant and Equipment
                                                                                                    2019             2018
Recognition
Each class of property, plant and equipment is carried at cost or fair value less, where applicable, any accumulated
depreciation and accumulated impairment losses. Items of property, plant and equipment with a total value of less
than $5,000, $1,000 for computer equipment and $15,000 for Buildings, except for land and network assets (which
have a recognition threshold of $1) are treated as an expense in the year of acquisition. All other items of property,
plant and equipment are capitalised.
The classes of property, plant and equipment recognised by Council are reported in the table contained in this note.

Acquisition of assets
Acquisitions of assets are initially recorded at cost. Cost is determined as the fair value of the assets given as
consideration plus costs incidental to the acquisition, including freight in, architect's fees and engineering design
fees and all other establishment costs.
Property, plant and equipment received in the form of contributions, are recognised as assets and revenues at fair
value by Council valuation where that value exceeds the recognition thresholds for the respective asset class. Fair
value is the price that would be received to sell the asset in an orderly transaction between market participants at
the measurement date.

Routine operating maintenance, repair costs and minor renewals to maintain the operational capacity and useful life
of the non-current asset is expensed as incurred, while expenditure that relates to replacement of a major
component of an asset to maintain its service potential is capitalised.




                                                                                                              page 69

Section 70

                                                                                           Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 12. Property, Plant and Equipment (continued)

                                                                                                  2019             2018
Valuation
Land and improvements, buildings, major plant and all infrastructure assets are measured on the revaluation basis,
at fair value, in accordance with AASB 116 Property, Plant and Equipment and AASB 13 Fair Value requirements.
Other plant and equipment and work in progress are measured at cost.

Non-current physical assets measured at fair value are revalued, where required, so that the carrying amount of
each class of asset does not materially differ from its fair value at the reporting date. This is achieved by engaging
independent, professionally qualified valuers to determine the fair value for each class of property, plant and
equipment assets every three to five years. This process involves the valuer physically sighting a representative
sample of Council assets across all asset classes and making their own assessments of the condition of the assets
at the date of inspection.
Council uses internal engineers to assess the condition and cost assumptions associated with all infrastructure
assets, the results of which are considered in combination with the relevant indices independently published for the
Sunshine Coast region. Together these are used to form the basis of a management valuation for infrastructure
asset classes in each of the intervening years. With respect to the valuation of the land and improvements, and
buildings classes in the intervening years, management engage independent, professionally qualified valuers to
perform a "desktop" valuation. A desktop valuation involves management providing updated information to the
valuer regarding additions, deletions and changes in assumptions such as useful life, residual value and condition
rating. The valuer then determines suitable indices which are applied to each of these asset classes.


Capital work in progress
The cost of property, plant and equipment being constructed by the Council includes the cost of purchased
services, materials, direct labour and an appropriate proportion of labour overheads.

Depreciation
Land is not depreciated as it has an unlimited useful life. Depreciation on other property, plant and equipment
assets is calculated on a straight-line basis so as to write-off the net cost or revalued amount of each depreciable
asset, less its estimated residual value, progressively over its estimated useful life to the Council. Management
believe that the straight-line basis appropriately reflects the pattern of consumption of all Council assets.

Assets are depreciated from the date of acquisition or, in respect of internally constructed assets, from the time an
asset is completed and commissioned ready for use.

Where assets have separately identifiable components that are subject to regular replacement, these components
are assigned useful lives distinct from the asset to which they relate. Any expenditure that increases the originally
assessed capacity or service potential of an asset is capitalised and the new depreciable amount is depreciated
over the remaining useful life of the asset to the Council.

The depreciable amount of improvements to or on leasehold land is allocated progressively over the estimated
useful lives of the improvements to the Council or the unexpired period of the lease, whichever is the shorter.

Depreciation methods, estimated useful lives and residual values of property, plant and equipment assets are
reviewed at the end of each reporting period and adjusted where necessary to reflect any changes in the pattern of
consumption, physical wear and tear, technical or commercial obsolescence, or management intentions. The
condition assessments performed as part of the annual valuation process for assets measured at depreciated
current replacement cost are used to estimate the useful lives of these assets at each reporting date. Road
formation has an unlimited life and is not subject to depreciation. The range of estimated useful lives for each class
of asset are detailed in the table contained in this note.

                                                                                                            page 70

Section 71

                                                                                                                                                                                                                                         Financial Statements 2019




          Noosa Shire Council

          Notes to the Financial Statements
          for the year ended 30 June 2019

          Note 12. Property, Plant and Equipment (continued)

                                                                                                                                                                                                                        Other
          30 June 2019                                                                                   Capital Work in
                                                                                                                             Land           Buildings
                                                                                                                                                             Plant and         Road and Bridge
                                                                                                                                                                                                  Storm Water       Infrastructure             Total
                                                                                                           Progress                                          Equipment            Network
                                                                                                                                                                                                                        Assets

                                                                                                              $'000          $'000            $'000            $'000                $'000            $'000              $'000                  $'000
          Measurement Basis                                                                       Note        Cost         Fair Value       Fair Value         Cost              Fair Value        Fair Value        Fair Value
          Opening Gross Balance - at Cost                                                                        39,687              -                -          12,679                    -                 -                  -                52,366
          Opening Gross Balance - at Fair Value                                                                       -        141,746           80,852               -              555,935           178,393             92,063             1,048,989
          Opening Gross Balance as at 1 July 2018                                                                39,687        141,746           80,852          12,679              555,935           178,393             92,063             1,101,355
          Additions*                                                                                             24,848              -                -               -                    -                 -                  -                24,848
          Contributed Assets                                                                                          -            481                -               -                1,160             1,723                192                 3,556
          Disposals                                                                               5,10                -              -              (73)           (706)                   -                 -                  -                  (779)
          Write-offs                                                                              5,10             (521)             -                -               -               (3,766)              (13)              (324)               (4,624)
          Revaluation Decrements to P&L                                                            8                  -              -                -               -                    -                 -                  -                     -
          Revaluation Adjustment to Other Comprehensive Income (Asset Revaluation Surplus)        19                  -          9,070                -               -                    -                 -                  -                 9,070
          Work in Progress Capitalisation*                                                                      (24,308)           411            3,387           1,930               17,854               210                516                     -
          Internal Transfers to / from other Asset Classes                                                            -              -                -               -                    -                 -                  -                     -

          Total Gross Value of Property, Plant and Equipment - at Cost as at 30 June 2019                        39,706              -                -          13,903                    -                 -                  -                53,609
          Total Gross Value of Property, Plant and Equipment - at Fair Value as at 30 June 2019                       -        151,708           84,166               -              571,183           180,313             92,447             1,079,817
          Total Gross Value of Property, Plant and Equipment as at 30 June 2019                                  39,706        151,708           84,166          13,903              571,183           180,313             92,447             1,133,426
          Opening Accumulated Depreciation as at 1 July 2018                                                           -                -        20,645            3,459             114,440            58,251             37,955               234,750
          Depreciation Provided in the Period                                                      8                   -                -         1,478            1,165               7,402             2,236              3,208                15,489
          Depreciation on Disposals                                                               5,10                 -                -             -                -                   -                 -                  -                     -
          Depreciation on Write-offs                                                              5,10                 -                -           (36)            (236)             (2,205)                -               (248)               (2,725)
          Revaluation Decrements to P&L                                                            8                   -                -             -                -                   -                 -                  -                     -
          Revaluation Adjustment to Other Comprehensive Income (Asset Revaluation Surplus)        19                   -                -             -                -                   -                 -                  -                     -
          Total Accumulated Depreciation of
          Property, Plant and Equipment                                                                                -                -        22,087            4,388             119,637            60,487             40,915               247,514
          Total Impairment of
          Property, Plant and Equipment                                                                                -                -                -                -                   -                 -                    -                   -

          Total Accumulated Depreciation of Property, Plant and Equipment as at 30 June 2019                           -                -        22,087            4,388             119,637            60,487             40,915               247,514
          Consolidated Book Value as at 30 June 2019                                                             39,706        151,708           62,079            9,515             451,546           119,826             51,532               885,912
          Other Information
          Range of Estimated Useful Life (in years)                                                                    -                -         3 - 120             1 - 50            3-120          17 - 100              2-120
          *Asset Additions Comprise
           Asset Renewals                                                                                              -               -          2,393            2,102               14,414                418             1,362                20,689
           Other Additions                                                                                             -             608            576              166                2,271                 35               503                 4,159
page xx




          Total Asset Additions                                                                                        -             608          2,969            2,268               16,685                453             1,865                24,848




                                                                                                                                                                                                                                                          page 71

Section 72

                                                                                                                                                                                                                                 Financial Statements 2019




          Noosa Shire Council

          Notes to the Financial Statements
          for the year ended 30 June 2019

          Note 12. Property, Plant and Equipment (continued)

                                                                                                                                                                                                                    Other
          30 June 2018                                                                                   Capital Work in
                                                                                                                             Land           Buildings
                                                                                                                                                            Plant and         Road and Bridge
                                                                                                                                                                                                Storm Water     Infrastructure         Total
                                                                                                           Progress                                         Equipment            Network
                                                                                                                                                                                                                    Assets

                                                                                                              $'000          $'000            $'000           $'000                $'000           $'000            $'000              $'000
          Measurement Basis                                                                       Note        Cost         Fair Value       Fair Value        Cost              Fair Value       Fair Value      Fair Value
          Opening Gross Balance - at Cost                                                                        18,059              -                -         12,084                    -                -                -            30,143
          Opening Gross Balance - at Fair Value                                                                       -        130,649           79,645              -              575,715          169,262           87,188         1,042,459
          Opening Gross Balance as at 1 July 2017                                                                18,059        130,649           79,645         12,084              575,715          169,262           87,188         1,072,602
          Additions*                                                                                             26,981              -                -              -                    -                -                -            26,981
          Contributed Assets                                                                                          -          1,640            1,025              -                1,358              883                -             4,906
          Disposals                                                                               5,10                -              -                -           (263)                   -                -                -              (263)
          Write-offs                                                                              5,10                -              -             (121)             -                 (461)            (245)            (345)           (1,172)
          Revaluation Decrements to P&L                                                            8                  -              -                -              -              (20,822)               -                -           (20,822)
          Revaluation Adjustment to Other Comprehensive Income (Asset Revaluation Surplus)        19                  -          7,135                -              -                    -            7,606            4,382            19,123
          Work in Progress Transfers                                                                             (5,353)         2,322              303            858                  228              887              755                 -
          Internal Transfers to / from other Asset Classes                                                            -              -                -              -                  (83)               -               83                 -
          Total Gross Value of Property, Plant and Equipment - at Cost as at 30 June 2018                        39,687              -                -         12,679                    -                -                -            52,366
          Total Gross Value of Property, Plant and Equipment - at Fair Value as at 30 June 2018                       -        141,746           80,852              -              555,935          178,393           92,063         1,048,989
          Total Gross Value of Property, Plant and Equipment as at 30 June 2018                                  39,687        141,746           80,852         12,679              555,935          178,393           92,063         1,101,355
          Opening Accumulated Depreciation as at 1 July 2017                                                           -                -        19,252           2,471             104,969           53,751           33,301           213,744
          Depreciation Expense                                                                     8                   -                -         1,417           1,075               7,096            2,146            3,064            14,798
          Disposals                                                                               5,10                 -                -             -             (87)                  -                -                -               (87)
          Write-offs                                                                              5,10                 -                -           (24)              -                (239)            (130)            (202)             (595)
          Revaluation Decrements to P&L                                                            8                   -                -             -               -               2,614                -                -             2,614
          Revaluation Adjustment to Other Comprehensive Income (Asset Revaluation Surplus)        19                   -                -             -               -                   -            2,484            1,792             4,276
          Total Accumulated Depreciation of Property, Plant and Equipment as at 30 June 2018                           -                -        20,645           3,459             114,440           58,251           37,955           234,750
          Consolidated Book Value as at 30 June 2018                                                             39,687        141,746           60,207           9,220             441,495          120,142           54,108           866,605
          Other Information
          Range of Estimated Useful Life (in years)                                                                    -                -         3 - 120            1 - 50            3-120         17 - 100            2-120
          *Asset Additions Comprise
           Asset Renewals                                                                                              -             -            2,247             772               12,394           2,603               655            18,671
           Other Additions                                                                                             -         2,119            2,172             420                2,543             297               759             8,310
page xx




          Total Asset Additions                                                                                        -         2,119            4,419           1,192               14,937           2,900             1,414            26,981




                                                                                                                                                                                                                                                  page 72

Section 73

                                                                                                  Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 13. Fair Value Measurements

(i) Recognised fair value measurements

Council measures and recognises the following assets at fair value on a recurring basis:
    - Investment Property
    - Land
    - Buildings
    - Road and Bridge Network
    - Storm Water
    - Other Infrastructure Assets

Council does not measure any liabilities at fair value on a recurring basis.

Council has assets and liabilities which are not measured at fair value, but for which fair values are disclosed in the other
notes.

Council borrowings are measured at amortised cost with interest recognised in profit or loss when incurred.
The fair value of borrowings disclosed in Note 16 is provided by the Queensland Treasury Corporation (QTC) and
represents the market value to extinguish the debt at balance date. This information was provided by QTC and
represents the contractual undiscounted cash flows at balance date. Liquidity risk information on Council's borrowings is
also disclosed in Note 30.

The carrying amounts of trade receivables and trade payables are assumed to approximate their fair values due to
their short-term nature.

In accordance with AASB 13 Fair Value Measurements are categorised on the following basis:
    - Level 1 - Fair value based on quoted prices in active markets for the asset or liability
   - Level 2 - Fair value based on inputs that are observable for the asset or liability, either directly (as prices) or
     indirectly (derived from prices).
   - Level 3 - Fair value based on unobservable inputs for the asset and liability.

The fair values of the assets are determined using valuation techniques which maximise the use of observable data,
where it is available, and minimise the use of entity specific estimates. If all significant inputs required to fair value an
asset are observable, the asset is included in Level 2. If one or more of the significant inputs is not based on observable
market data, the asset is included in Level 3. This is the case for Council infrastructure assets, which are of a specialist
nature for which there is no active market for similar or identical assets. These assets are valued using a combination of
observable and unobservable inputs.

The table below presents all items that are measured and recognised within the Statement of Financial Position at fair
value. In accordance with AASB 13, all fair value measurements are on a recurring basis and categorised as either Level
2 or Level 3 fair value measurements. Council does not have any assets or liabilities measured at fair value which meet
the criteria for categorisation as Level 1.




                                                                                                                   page 73

Section 74

                                                                                                 Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 13. Fair Value Measurements (continued)


(1) The following table presents all assets and liabilities that have been measured and recognised at
    fair values:
                                                                              Fair Value
                                                                         Measurement using:
                                                                     Level 1       Level 2         Level 3               Total
                                                        Date           Quoted     Significant     Significant
                                                       of latest      prices in   observable    unobservable
                                                      valuation    active mkts        inputs          inputs
2019                                                                    $'000         $'000           $'000                  $'000
Property, Plant and Equipment
- Land                                                 31/03/18             -       7,228         144,480            151,708
- Buildings                                            30/06/15             -           -          62,079             62,079
- Road and Bridge Network                              31/03/18             -           -         451,546            451,546
- Storm Water                                          30/06/15             -           -         119,826            119,826
- Other Infrastructure Assets                          30/06/16             -           -          51,532             51,532
  Investment
- Asset  Class Property
               here…                                   30/06/19                     3,300               -              3,300
Total Property, Plant and Equipment                                         -      10,528         829,463            839,991

                                                      valuation    active mkts        inputs          inputs
2018                                                                    $'000         $'000           $'000                  $'000
Property, Plant and Equipment
- Land                                                 31/03/18             -        4,085        137,661            141,746
- Buildings                                            30/06/15             -            -         60,207             60,207
- Road and Bridge Network                              31/03/18             -            -        441,499            441,499
- Storm Water                                          30/06/15             -            -        120,142            120,142
- Other Infrastructure Assets                          30/06/16             -            -         54,104             54,104
  Investment
- Asset  Class Property
               here…                                   30/06/18                      4,167              -              4,167
Total Property, Plant and Equipment                                         -        8,252        813,613            821,865



(2) Transfers between Level 1 and Level 2 Fair Value Hierarchies

During the year, there were no transfers between Level 2 and Level 3 Fair Value hierarchies for recurring fair
value measurements.

Council's policy for determining transfers between Fair Value hierarchies is at the end of the reporting period.




                                                                                                                   page 74

Section 75

                                                                                                    Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 13. Fair Value Measurements (continued)


(3) Valuation techniques used to derive Level 2 and Level 3 Fair Values

Where Council is unable to derive Fair Valuations using quoted market prices of identical assets
(ie. Level 1 inputs) Council instead utilises a spread of both observable inputs (Level 2 inputs) and
unobservable inputs (Level 3 inputs).

The Fair Valuation techniques Council has employed while utilising Level 2 and Level 3 inputs are as follows:

Infrastructure, Property, Plant and Equipment

Land (Level 2 and 3)
The fair value of land was last comprehensively valued at 31 March 2018 by independent valuers AssetVal Pty Ltd.

Fair values have been derived based on a combination of market approach and direct comparison by analysing land
sales occurring over the past year within the Noosa Shire Council area.

Where there was an active and liquid market as evidenced by sales transactions of similar property types, a market
approach by way of direct comparison or income methods can be utilised, and are accepted valuation methodologies
under AASB 13. If a market approach is adopted, the valuation is deemed to be a Level 2 input.

The direct comparison method which is considered a Level 2 input on the fair value hierarchy, involves the analysis of
sales evidence and comparisons with the subject land taking into account matters such as area, location and other
general site characteristics. Direct Comparison approach was utilised in the assessment for all Council land assets,
however, the fair value measurement has been either a Level 2 or 3, depending on the assumptions as to:
  - Whether the land is subject to restrictions as to use and/or sale;
  - Whether there is no active market.
Land that is utilised for footpath or access restriction purposes, land that is a volumetric title, or due to its general
characteristics land that has no observable active market have been assessed as a Level 3.
Council applied on index rate of 6.4% to the value of land assets for the period 1 April 2018 to 31 March 2019. This
resulted in an increase in value of $9.07 million.




                                                                                                                     page 75

Section 76

                                                                                                Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 13. Fair Value Measurements (continued)


Buildings (Level 3)
The fair value of Buildings were last comprehensively valued at 30 June 2015 by independent registered valuers
Australia Pacific Valuers.
For the majority of Council's buildings, there is no active market due to the specialised nature of the assets and the
services they provide. Due to the predominately specialised nature of local government buildings, the valuations have
been undertaken using a cost approach. This is deemed to be a Level 3 input.

Under this approach the cost to replace the asset is calculated and then adjusted to take account of accumulated
depreciation. The valuer disaggregated the building into different components and for each component determined a
value based on the interrelationship between a range of factors. These include asset condition, legal and commercial
obsolescence and the determination of key depreciation related assumptions such as pattern of consumption and future
economic benefit.
Inputs to the valuation include the design and construction, average cost of construction, condition and consumption
score for each component. Where these are supported by observable evidence obtained via inspection and market
evidence they have been classified as a Level 2 inputs. The unobservable inputs (such as estimates pattern of
consumption and (based on the asset consumption score) its relationship to the assessed level of remaining service
potential of the depreciable amount, required extensive professional judgement and impacted significantly on the final
determination of fair value. As these inputs are significant to the valuation the overall valuation has been classified as
Level 3.
The consumption rating scales were based initially on the past experience of the valuation firm and industry guides and
were then updated to take into account the experience and understanding of Noosa Shire Council's own engineers, asset
management and finance staff. The results of the valuation were further evaluated by confirmation against Noosa Shire
Council's own understanding of the assets and the level of remaining service potential.
Council applied an index rate to the value of Buildings for the period to 31 March 2017. Index rates for the period from 1
April 2017 to 30 June 2019 shows no significant material changes and therefore the values are considered still at fair
value. As a result of this, no indexation has been applied to this class for 2018/19.

Other Infrastructure Assets (Level 3)
The fair value of Other Infrastructure was last comprehensively valued as at 30 June 2016 by Aurecon Australia Pty Ltd.

The valuation technique used to determine fair value is essentially based on price modelling of the fair value through
Level 3 unobservable inputs. These include a variety of sources to obtain the best information available for each asset
type, including actual contract prices or supply quotes for similar assets.
The unit rates were predominantly developed from first principles by estimating the plant, material and labour required for
asset replacement. The base rates were sourced from local suppliers estimates and quotes, contract schedules for work
recently completed and council records. Where costs have not been readily available then rates were obtained from
Aurecon's cost database or the Rawlinson 2014 edition of the Australian Construction Handbook.
Council applied an index rate to the value of Other Infrastructure for the period to 31 March 2018. Index rates for the
period from 1 April 2018 to 30 June 2019 shows no significant material changes and therefore the values are considered
still at fair value. As a result of this, no indexation has been applied to this class for 2018/19.

Accumulated Depreciation

In determining the level of accumulated depreciation, assets are disaggregated into significant components which exhibit
different useful lives. Useful lives are an estimate of the total service capacity in years for that type of asset.




                                                                                                                 page 76

Section 77

                                                                                                 Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 13. Fair Value Measurements (continued)


Infrastructure Assets (Level 3)

Due to the specialised nature of Council's infrastructure assets and the services they provide, there is no active
measurable market. The fair value of all infrastructure assets is determined on the basis of replacement of a new asset or
modern equivalent.

Current Replacement Cost (CRC) is measured by reference to the lowest cost at which the gross economic benefits of
the asset could be obtained in the normal course of business. Where existing assets were over designed, had excess
capacity or where redundant an adjustment was made so that the resulting valuation reflected the cost of replacing the
existing economic benefits based on an efficient set of modern equivalent assets to achieve the required level of service
output within the Council's planning horizon.

Infrastructure assets are comprehensively revalued every three to five years, based on component unit rates developed
in line with asset renewal methods.

Specific Valuation Techniques used to value Council Infrastructure Assets comprise:
Road and Bridge Network - current replacement cost

Roads (Level 3)
The fair value of Roads and Bidges was last comprehensively valued at 31 March 2018 by independent valuers AssetVal
Pty Ltd.

The valuation technique used to determine fair value is essentially based on price modelling of the fair value through
'Level 3' unobservable inputs. These include a variety of sources to obtain the best information available for each asset
type, including actual contract prices or supply quotes for similar assets.
The unit rates were predominantly developed from first principles by estimating the plant, material and labour required for
asset replacement. The base rates were sourced from local suppliers estimates and quotes, contract schedules for work
recently completed and council records. Where costs have not been readily available then rates were obtained from
AssetVal's cost database or the Rawlinson 2017 edition of the Australian Construction Handbook.

Council uses 3 distinct location factors categorising its road infrastructure into urban, rural and commercial/industrial.
Roads are further categorised as sealed or unsealed and managed in segments. All road segments are then further
componentised into the sub classes of assets that make up each segment, i.e. Road Surface, Road pavement - base,
Road pavement - sub-base, Road shoulder, Formation, Kerbs, footpaths etc. Each asset unit rate is determined on cost
to construct, material type and useful life to facilitate valuation and depreciation.
Road construction index rates for the period since last valuation to 30 June 2019 shows no significant material changes
and therefore the values are considered still at fair value. As a result of this, no indexation has been applied to this class
for 2018/19.


Accumulated Depreciation

In determining the level of accumulated depreciation, roads are disaggregated into significant components which exhibit
different useful lives. Useful lives are an estimate of the total service capacity in years for that type of asset.




                                                                                                                  page 77

Section 78

                                                                                                   Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 13. Fair Value Measurements (continued)


Bridges (Level 3)
The fair value of Roads and Bidges was last comprehensively valued at 31 March 2018 by independent valuers AssetVal
Pty Ltd.

All bridges, with exception to 3 major bridges, were valued based on unit rates developed according to varying material
types used for construction, as well as the deck area, size and length of construction. Construction estimates were
determined on a similar basis to roads. Significant bridge structures were individually assessed by AssetVal Ply Ltd.
Bridge construction index rates for the period since last valuation to 30 June 2019 shows no significant material changes
and therefore the values are considered still at fair value. As a result of this, no indexation has been applied to this class
for 2018/19.


Accumulated Depreciation
In determining the level of accumulated depreciation, bridges are disaggregated into significant components which
exhibit different useful lives. Useful lives are an estimate of the total service capacity in years for that type of asset.



Stormwater (Level 3)
A comprehensive valuation of stormwater infrastructure was undertaken by independent valuers Aurecon Australia Pty
Ltd effective 30 June 2015. As there is a significant level of professional judgement used in determining the valuation due
to the level of unobservable data, the valuation of drainage assets has been determined as Level 3.
The fair value unit rates were determined using the prevailing market costs for supply and installation of similar assets or
their modern equivalent. The methodology for calculation of unit rates from first principles consists of breaking down each
asset into its cost components such as demolition, reinstatement, excavation, construction, delivery and installation. The
models used to determine the unit rates included internal selection of variables for asset size, depth, location and soil
type.
Council applied an index rate to the value of Stormwater for the period to 31 March 2018. Index rates for the period from
1 April 2018 to 30 June 2019 shows no significant material changes and therefore the values are considered still at fair
value. As a result of this, no indexation has been applied to this class for 2018/19.

Accumulated Depreciation

In determining the level of accumulated depreciation. stormwater assets are disaggregated into significant components
which exhibit different useful lives. Useful lives are an estimate of the total service capacity in years for that type of asset.


Investment Property

Investment Property was valued at fair value by AEC Group Limited, an independent professionally qualified valuation
firm, as at 30 June 2019.

A market-based approach was applied to determine the fair value of investment property. The two calculation
methodologies underpinning this approach by the valuation firm are the capitalisation rate valuation approach and the
discounted cashflow valuation approach.




                                                                                                                    page 78

Section 79

                                                                                              Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 14. Intangible Assets
                                                                                                2019              2018
                                                                                 Notes          $'000             $'000


Intangible Assets are as follows;

Computer Software
Opening Gross Carrying Value                                                                   3,087             2,831
Acquired at Cost                                                                                   -               256
Disposals                                                                                          -                 -
Closing Carrying Value                                                                         3,087             3,087
Work In Progress                                                                               4,355             3,135
Closing Gross Carrying Value                                                                   7,442             6,222

Opening Accumulated Amortisation Balance                                                      (1,173)             (851)
Amortisation in the period                                                         8            (316)             (322)
Closing Accumulated Amortisation Balance                                                      (1,489)           (1,173)

Net Book Value                                                                                5,953             5,049

TOTAL INTANGIBLE ASSETS - NET BOOK VALUE                                                      5,953             5,049

Software assets have a finite life estimated at 10 years.
Straight line amortisation has been used with no residual value.



Note 15. Trade and Other Payables
                                                                                                 2019             2018
Payables
Trade creditors are recognised upon receipt of the goods or services ordered and are measured at the agreed
purchase/contract price net of applicable discounts other than contingent discounts. Amounts owing are
unsecured and are generally settled on 30 day terms.

Liabilities - Employee Benefits
Employee related accruals comprise annual leave, long service leave and accrued salaries and wages in
respect of services provided by the employees up to the reporting date. Liabilities for employee benefits are
assessed at each reporting date. Where it is expected that the leave will be paid in the next twelve months the
liability is treated as a current liability. Otherwise the liability is treated as non-current.

Annual leave
A liability for annual leave is recognised. Amounts expected to be settled within 12 months are calculated on
current wage and salary levels and includes related employee on-costs. Amounts not expected to be settled
within 12 months are calculated on projected future wage and salary levels and related employee on-costs, and
are discounted to present values. This liability represents an accrued expense. As council does not have an
unconditional right to defer this liability beyond 12 months annual leave is classified as a current liability.




                                                                                                               page 79

Section 80

                                                                                                 Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 15. Trade and Other Payables (continued)
                                                                                                   2019              2018
                                                                                    Notes          $'000             $'000


Current

ATO - Net GST Payable                                                                               106               109
Accruals                                                                                          3,279             5,183
Trade Creditors                                                                                   2,332             2,715
Employee Related Accruals                                                                         1,249             1,237
Annual Leave                                                                                      2,543             2,349
Other Entitlements                                                                                   85                88

TOTAL CURRENT TRADE AND OTHER PAYABLES                                                            9,594          11,681




Note 16. Borrowings
                                                                                                    2019             2018
Loans payable are measured at amortised cost using the effective interest rate method. The effective interest rate
is the rate that exactly discounts estimated future cash payments or receipts through the expected life of the
financial instrument. Borrowing costs, which includes interest calculated using the effective interest method and
administration fees, are expensed in the period in which they arise. Costs that are not settled in the period in which
they arise are added to the carrying amount of the borrowing.
All borrowing costs are expensed in the period in which they are incurred.
Borrowings are classified as current liabilities unless Council has an unconditional right to defer settlement of the
liability for at least 12 months after the balance date.

Current

Loans - Queensland Treasury Corporation                                                           3,112             3,969

TOTAL CURRENT BORROWINGS                                                                          3,112            3,969

Non-current

Loans - Queensland Treasury Corporation                                                          21,120           32,171

TOTAL NON-CURRENT BORROWINGS                                                                    21,120           32,171




                                                                                                                  page 80

Section 81

                                                                                                     Financial Statements 2019



Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2019

Note 16. Borrowings (continued)
                                                                                                       2019                2018
                                                                                       Notes           $'000               $'000


Reconciliation of Loan Movements for the year
Loans - Queensland Treasury Corporation
Opening balance at beginning of financial year                                                       36,141           38,036
Loans Raised                                                                                              -            1,165
Loan Interest Capitalised in Period                                                                   3,382            2,104
Principal Repayments                                                                                (15,291)          (5,164)
Book value at end of financial year                                                                 24,232           36,141

The QTC loan market value at the reporting date was $27,668,386 (2018: $40,141,537). This represents the
value of the debt if Council repaid it at that date. As it is the intention of Council to hold the debt for its term, no
provision is required to be made in these accounts. No assets have been pledged as security by the council for
any liabilities.

Borrowings are all in $AUD and are underwritten by the Queensland State Government.



Note 17. Provisions
                                                                                                        2019               2018
Long Service Leave
Long service leave liability is measured as the present value of the estimated future cash outflows to be made
in respect of services provided by employees up to the reporting date. The value of the liability is calculated
using current pay rates and projected future increases in those rates and includes related employee on-costs.
The estimates are adjusted for the probability of the employee remaining in the Council's employment or other
associated employment which would result in the Council being required to meet the liability. Adjustments are
then made to allow for the proportion of the benefit earned to date, and the result is discounted to present value.
The interest rates attaching to Commonwealth Government guaranteed securities at the reporting date are
used to discount the estimated future cash outflows to their present value.


Where employees have met the prerequisite length of service and council does not have an unconditional right
to defer this liability beyond 12 months long service leave is classified as a current liability. Otherwise it is
classified as non-current.

Restoration Provisions
A provision is made for the cost of rehabilitation of assets and other future restoration costs where it is probable
the Council will be liable, or required, to incur such a cost on the cessation of use of the facility. This liability is
provided in respect of Quarries and Landfill sites.
The provision is measured at the expected cost of the work required discounted to current day values using an
appropriate rate. The current capital market yield bond rate is considered an appropriate rate with a maturity
date corresponding to the anticipated date of restoration.




                                                                                                                      page 81

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