Redland City Council today endorsed its Annual Report 2018 – 2019, highlighting positive financial and operational results and Council’s significant activities for the year.
Redland City Mayor Karen Williams said the report showed Council’s continued financial sustainability and also outlined where the money goes, with a 100 per cent delivery of its Operational Plan 2018 – 2019.
“Each year, our Operational Plan sets significant activities to help us achieve our community commitments outlined in the Corporate Plan 2018 – 2023,” Cr Williams said.
“Today Council proudly presented an Annual Report that showed delivery of all 70 significant activities across our eight Vision Outcomes.
““Our Community Financial Report and externally-audited Consolidated Financial Statements present good news, with our current position providing stability for long-term financial strategies and meeting our future obligations.
Mayor Williams said the report also shared some business innovations that had resulted in significant operational cost savings in the 2018 – 2019 financial year.
“It is important that the Redlands Coast community has confidence in our performance in managing an asset portfolio with a replacement value of $3.7 billion on their behalf.
“Continuous improvement can be seen in action through Business Transformation Program case studies, with an additional $2 million of infrastructure delivered on top of our budgeted commitments.
“The annual report also includes some of the challenges faced in 2018 – 2019, to give our stakeholders and customers an understanding of current regional and local issues that impact Redlands Coast.
“There are also detailed sections providing transparency in reporting of our governance mechanisms and statutory disclosures.”