Annual Report highlights extensive capital works completed in 2023/24
Published on 16 October 2024
Chief Executive Officer, Mr Mark Eversteyn said Council completed 90% of the capital works budget, up from 70% in the previous year.
“We are tremendously proud of our Works and Project Management Office teams for this increase in completion rate, and for the quality of works. The $26.1 million of capital works delivered was an increase of $2.8 million or 12% on the previous year” said Mr Eversteyn.
“Our teams finished 44 major work activities during the year, including extensive road network upgrades in the Chatsworth area, and the Minjah-Hawkesdale Road,” he said.
Major works included:
- Koroit Township Renewal stage 2
- Macarthur Recreation and Cultural Precinct stage 2 upgrade
- Panmure Netball change facilities
- Mortlake Recreation Reserve court resurfacing
- Port Fairy Football Netball Club lighting
- Gardens Caravan Park services
“During the year we also made progress on multi-year capital works projects such as the Panmure-Laang Road renewal.”
Other multi-year projects include:
- Port Fairy Campbell and James Street drainage and footpath works
- Killarney septic and mains power upgrade
- Mortlake Avenue of Honour
- Woorndoo-Chatsworth Road rehabilitation
Moyne Shire Council is now debt-free and remains in a solid financial position annual financial statements show.
Moyne’s 2023/24 Annual Report shows an operating result for 2023/24 of a deficit of $6.5 million compared to the previous year’s surplus of $2.4 million. This result is primarily due to two accounting treatment anomalies:
- The 2023/24 Commonwealth Financial Assistance Grant of $10.4 million relating to the 2023/24 year was received in advance during the 2022/23 year, consequently future years will now be correctly aligned.
- A non-cash adjustment of $3.1 million to recognise the transfer of crown land in the Peterborough area to the Great Ocean Road Coast and Parks Authority.
Had these two transactions not been required, Council would have been able to report an operating surplus for 2023/24 of $7 million.
“Important performance measures recorded for the year included planning applications decided within timeframe increasing to 75%, up from 63% the previous year.
We also achieved a decrease in staff turnover to 13.9%, from 17.6% in the previous year. A pleasing improvement in workforce stability,” he said.
The Annual Report was presented at a Special Council Meeting at Mortlake Council Chambers on Tuesday 15 October 2024.