Capital Program 2024/2025 Delivery Status

Karen Finzel48:18

Thank you any other questions from the Councillors at the table no no thank you Madam Chair Thank you. For your report for your report yeah it was good reading and it's I'm glad to see we're sticking to our processes and this is the half yearly you review over that and we've made the necessary changes so thank you keep up the good work. Thank you very much. Put it to the vote. All in favour? Thank you that's unanimous. Thank you staff enjoy your afternoon. Councillor thank you. So we're really moving to item number eight reports for noting by the committee we'll move to 8.1 Capital Program 2024/2025 Delivery Status and we welcome staff to the table. Thank you, Shaun.

Thank you, Councillor. You're welcome. This report provides a status update to the capital works program as of the 31st of March 2024 and excludes disaster recovery projects. The approved capital budget provisions 24 for /25 financial year is currently $46 million, inclusive of a carry forwards of $22.4 million. Actual expenditure achieved to date is $20 million, which is 43.5% of the budget, with a further $7.5 million remaining in commitments, providing a total of $27.5 million. There current are 137 projects in the capital works program in varying stages of delivery,000. With forecast grant funding revenue in the tune of $11.7 million. Our team in infrastructure planning and design are 24 capital projects in delivery and providing planning and design services to over 60 projects this financial year, as well as planning for the future capital works program whilst budget implications have influenced the pace and project of management systems internal systems are underway with a focus on making the most of available resources and we consider the 24/25 actual spend is tracking strongly reflecting solid project delivery despite challenges including staff shortages adverse weather and budget constraints the long-term average indicates that this amount of money we're spending is consistent with that some previous years capital works planning for 25/26 financial year is well underway with 16 meetings held to score and on prioritise new initiatives with them workshops with two executive team meetings and to be presented to Council in the near future a size of capital works program for 25/26 will require innovative delivery models to assist in delivery of the program thank you.

Nicola Wilson51:52

Thank you. Do we have any questions around the table? Just a quick clarification which I think is just a typo but the executive summary the report the First Point says it's a status update for the capital works program as of 31st of March 2024 oh you did right, my apologies Councillor, 25 I and I referenced that as well so thank you, it's not in the recommendation that it's correct then.

Yeah, so firstly when we present the capital works program to Councillors and workshops and meetings, we're going to be articulating the time frames really carefully because you know we already have projects which are programmed for delivery and you know any new project may not be able to start until the new calendar year. It's not like you know when you approve a budget we don't have the resources to really switch into delivery because we've got carryover, so we'll be making that clear to you. And it's also important to note that the scale of projects. From very, you know, minor to actually very large. So a smaller project might be, for instance, starting the design process for new pedestrian access at Teewah Village to Resolve the conflict associated with pedestrians using the current beach vehicle access, which is fairly unsafe. So that's at the smaller end. Whereas some of the other new initiatives are much more complex and ongoing and will be over many years. So there's small and then there's large. I can't help but. And I should say that the initiatives also include things relative to just infrastructure planning and design, it could be acquisition of a vehicle, it could be. Which is a capital cost. So it's a fairly broad program, the capital cost program.