Annual Report 2007/2008 Wook-Koo Park, Woocoo Fraser Coast Regional Council

Contents

Creation of a region 1 Message from the Mayor 2 Message from the Chief Executive Officer 5 Fraser Coast Regional Council 6 City Council 8 Maryborough City Council 18 Tiaro Shire Council 29 Woocoo Shire Council 40

We welcome your feedback. If you would like to comment on this Annual Report or any of the activities of the Fraser Coast Regional Council please contact Council on 1800 881 400 or email [email protected]. Anzac Park, Maryborough The creation of a region... INTRODUCTION On 17 April 2007, the Local Government Reform Commission announced a change to Council boundaries, reducing the number of local government authorities in from 135 to 87. After the Local Government Election on 15 March 2008, the Councils of Hervey Bay City, Maryborough City, Tiaro Shire (Divisions 1 and 2) and Woocoo Shire were amalgamated to form the Fraser Coast Regional Council. This amalgamation of urban centres, coastal villages and country towns creates a rich tapestry of characters, landscapes and histories. The name Tiaro is aboriginal and translates as “withered or dead tree”. The first attempt at settlement in the Tiaro area was in 1842 when John Eales came overland with 20,000 sheep to establish a station. Although not successful, this marked a beginning for Tiaro. Also at this time Andrew Petrie’s expedition landed in Tiaro having explored the Mary River. Tiaro became a recognised settlement in 1867 as a result of the Gympie gold rush. The two-day trip to transport gold from Gympie mines to the river was broken by an overnight stop in Tiaro, where the valuable cargo was secured in the Police Station. Tiaro Shire Council came into existence on 31 March 1903. The historic heart of the region is Maryborough. In 1861 Maryborough’s 650 residents won the right to ‘seek control of their township and affairs’ and Maryborough was declared a municipality with Henry Palmer as the first Mayor. Maryborough was a small but lively port settlement at the time. As the township grew, Council began introducing and continually upgrading the essential services that residents today take for granted – water supply from Teddington, gas then electric street lights and a bridge across the Mary River to link Maryborough with neighbouring settlements. In 1905 Maryborough was declared a City. The early settlers of the Woocoo district established a number of sheep stations in the Teebar and Gigoorngan areas from 1849 and the area quickly flourished. The building of the railway between and Gayndah brought in large numbers of settlers between 1885 and 1910 who diversified into dairy farming and timber getting. In the late 19th century the townships of Brooweena and Aramara were established and in 1915 the Woocoo Shire Council was formed. Woocoo is Aboriginal for “echidna”. Hervey Bay is one of the fastest growing cities in Australia, however it started life as a series of small fishing villages and holiday homes along the coast. Hervey Bay was named by Captain James Cook after Augustus Hervey, Lord of the Admiralty. In 1896 a railway line was constructed from Maryborough to Hervey Bay boosting tourism. The Urangan Pier was built in 1917 to facilitate the export of sugar and later coal. As development continued into the 1950s and 1960s the coastal townships of Point Vernon, , Scarness, Torquay and Urangan slowly began to merge into a single urban area. Hervey Bay was declared a Town in September 1977 and a City in February 1984.

Quick Stats... FCRC Hervey Bay Maryborough Tiaro Woocoo 2 2 2 2 2 Land Size 7,125 km 2,356 km 1,234 km 2,196 km 2,006 km Population as at Census 2006 86,747 54,310 25,804 5,303 3,349 Estimated Population 2026 123,966 86,875 27,499 7,555 4,561 Number of Rateable Properties 49,600 29,600 13,700 4,500 1,800 Income (at March 2008) $162 million $118 million $32 million $7 million $5 million Expenditure (at March 2008) $115 million $78 million $27 million $6 million $4 million Total Assets (at March 2008) $1,534 million $896 million $469 million $65 million $104 million

Page 1 INTRODUCTION Almost $2mallocated to andrecreation parks areas includingdesigns for a $11mspent Over onroad Street infrastructure includingstageoneoftheMain reconstruction and • • Hervey Bay Council City Successful application for Q150funding for theBaupleRecreation Building. • Creek andprovision of$500,000for Kunst Bridge. • The purchase oftwo environmentally withfundsfrom significant theEnvironment Booral properties Levy. MasterPlan with$1.4mallowed Continuation Bay for Airport ofwork to ontheHervey extensions thecar • • Successful application for fundingto develop an • Playground, andexercise park equipment provided inGunalda, Curra, pitch Cricket upgrades at Bauple, andRecreation funding. ,Curra andGunaldawithSport • Upgrade ofGunaldaRecreation Grounds. • • Tiaro Shire Council following significant achievements for eachofthepredecessor councils: of thefour previous councils butratherrequirements finalisesthestatutory ofamalgamation. I would like to highlight the theircommunities well Bay whoserved forHervey many years. doesnotdetailtheindividualachievementsThis annual report moving forward weIn mustnotforget thecontributions ofthefour former Councils of Woocoo, Tiaro, and Maryborough future. While wetheprocess canexpect to takeyears, allareas ofourdiverse region willbenefitinthelongrun. thefirstsixmonths During we have establishedastrong organisational onwhich andfinancialstructure tobuild into the andwilltaketime.and priorities foundation onwhichto build. Merging four Councils into oneprogressive ofmeldinginterests organisation isabalancingact sustainable region. These rewards oreasilyhowever to willnotcome date quickly provides thework undertaken astrong affordedI believe thebroader opportunities to larger organisations will, inthelonger buildamoreterm, vibrant and growing region inacompetitive world. sustainable region. The timehadcome for changewithinLocal Government to meetthechallengesfaced by arapidly constraints, afforded thebroader opportunities to larger organisations willinthelonger buildamoreterm vibrant and While thedecisionto amalgamate Councils was notuniversally popularandthetaskseemeddaunting withsevere time models. delivery service The reform process was aimedat buildingstronger regions anddelivering scalesofeconomies through efficient and effective of and part Tiaro Council would beamalgamated into theFraser Coast Regional Council. Septemberlastyear forIn theMinister Local Government Bay, announced that Hervey and Maryborough Woocoo Councils I Upgrade Contribution towards Curra Clubextensions. Country • • t iswithpleasure produced that Iwrite thismessagefor by the Report thefirst Annual Fraser RegionalCoast Council.

extension. Final payment ofloanborrowings for Emery’s Bridge. parks, work ontherunway ambulance andnewhangars, facilities. andfundingallocated to airport old CBDinPialba.

of

bridge infrastructure Message from Message theMayor, Kruger Cr Mick

-

Redbank

Creek ‘all abilities’ Bridge, Page 2

11

playground inPialba. bridges

on Tinnanbar, Glenwood, Baupleand

Thinoomba “ Park” City

Road, inthecentre ofthe Kooringa Torquay Road

Road Tiaro. and

Oakey

INTRODUCTION of the design Hall with a Rural Community Woocoo’s Page 3 Page Park. Wook-Koo proposed Animal Care Facility. Care Animal proposed Living Infrastructure Grant. lines within the shire. of power and duplication substations and Powerlink Energy building of the Ergon Maryborough Site. with the Department of negotiations and the initiation Estate of Infrastructure on linkages the between and adjoining Moonaboola Industrial estate Estate. proposed Mick Kruger Council Regional Coast Fraser Mayor, Opportunities abound in our region and I believe we now have a Council capable of capitalising on our strengths for the benefit of our for capable of capitalising on our strengths a Council have now we Opportunities I believe and abound in our region residents. so far in achievements Council’s of our Regional and I am proud region of our exceptional been elected Mayor have to I am honoured culture. and strategy identity, a regional adopting and promoting • Project. Passage Portside the Q150 for and adopted commissioned Landscape Master Plan Maryborough City Council • the Original Conservation for of the and Landscape Management Plan Management Plan Commissioning • • Refurbishment Mt Joseph Memorial of the Program. Memorials the Community Bridge Restoration through • and a service of shops Oakhurst development at station Gardens. of a commercial Approval • of the artwork Completion for with the Coast, electricity the Fraser for infrastructure Energy’s of the extension of Ergon Facilitation • Industrial Highway Report Bruce of the Infrastructure the proposed Investigations Commissioning for • undertake to planning and detailed commissioned consultant concept Architectural Woocoo Shire Council Shire Woocoo • facility entertainment of the outdoor at storage and Completion Light House,

Portside, Maryborough INTRODUCTION Page 5 Page

Message from the CEO, Mr Andrew Brien MrAndrew the CEO, Message from

007/2008 has been an extremely challenging and often frustrating year for all local governments in Queensland. The The in Queensland. all local governments for year and often frustrating extremely challenging 007/2008 has been an 2 Andrew G. Brien Andrew Council Coast Regional Fraser Officer, Chief Executive announcement by the Local Government Reform Commission that Councils would be amalgamated into fewer, larger entities entities larger fewer, into be amalgamated would Councils that Commission Reform Government the Local by announcement Maryborough Woocoo, of Hervey Councils Bay, the former comprising Council Regional Coast of the Fraser the creation saw Tiaro. and part of only we are and while organisation one Councils into four disparate combine those to workedextremely hard staff Council established and ethos is already Regional Coast the Fraser of local government, era this new and exciting into months a few flourishing. great by the end of the next year – a financial the process finalise to on target well are we complete, the task is not yet While can all be proud. of which we achievement to remiss not would be in and it Queensland Report Annual of local government This to the face change sees a significant with implementing charged were Councils who previous four from the acknowledge the effortsCouncillors and staff of the the outcomes achieved not have would we process their support the reform input to Without continued and these changes. date. to realised been have that elected the first to Councils previous of the four each from Elections Councillors Quadrennial saw Government Local The (63%) of our 11 Seven of experience. perspective and a wealth a truly regional providing Council Regional Coast Fraser of 35%. average which is almost twice the state women are elected Councillors but looking every for opportunity and outcomes, were the process process the amalgamation discredit opposed to to Those forward. and the region the Council be moving appear to and changes implemented all the strategies date to challenges. will be many there along the way however, ahead is full of potential, road The businesses and but also for the Council not only for hit hard, have costs fuel and material and spiralling rates Rising interest CPI Index is rising 5.50% pa and construction as much as 8%, with at Government costs Local The in the region. residents the has impacted that, planning but despite This on our financial 30%. such as bitumen increasing some individual costs management waste rationalise community programs, will develop projects, and drainage ahead with road will forge Council year. during the coming the region across initiatives recycling and expand ways for innovative to search continue extracosts and will for these compensate to help in-house savings identified have We expect and deserve. of services the high level our ratepayers that provide yet economise to Coast Fraser first of the and the development the sustainability of Councils all about improving was reform government Local process. the reform through developed were that upon the foundations on building budget focused and increased voice us a stronger giving in Queensland, Councils as one of the larger rates Council Regional Coast Fraser The our region. for say project funding and a greater for government lobby to power of our areas in all residents benefit all and to its fullest potential to Coast will use these opportunities the Fraser develop to We unique region. Fraser Coast Regional Council The Fraser Coast Regional Council consists of a Mayor (Cr Mick Kruger) and ten Councillors.

Cr Mick Kruger, Mayor - Fraser Coast Regional Council Fraser Coast Regional Council Mayor Mick Kruger lives and breathes the Fraser Coast

INTRODUCTION having spent his childhood growing up in Maryborough and his adult life working in the Burrum Shire and Hervey Bay Town and City Councils. Mick has been involved in local government for most of his adult life, starting as a junior timekeeper, progressing to Administration Manager, Deputy CEO and Acting CEO. He has been a Councillor since 1997 and was Deputy Mayor of Hervey Bay City Council in 2003 and from 2004 to 2007 before being elected as the first Mayor of the Fraser Coast Regional Council. The Mayor has a roving brief over all Council business and portfolios. He is the Chairperson of Council’s Ordinary Meetings and the Planning and Development Standing Committee Meetings.

Fraser Coast Regional Council - from 17 March, 2008

From left, standing: Cr Sue Brooks (Environmental Sustainability), Cr Debbie Hawes (Strategic Policy and Sustainability), Cr Barbara Hovard (Business Development), Cr Julie Arthur (Water and Sewerage Infrastructure), Cr Belinda McNeven (Deputy Mayor and Corporate Governance), Cr Anne Nioa (Marketing and Tourism), Cr Linda Harris (Arts and Culture) Sitting: Cr Gerard O’Connell (Economic Development), Cr Mick Kruger (Mayor), Cr David Dalgleish (Rural and Urban Infrastructure), Cr Les MucKan (Community and Recreation)

Page 6 Executive Management Team

INTRODUCTION The Executive Management Team, comprising the Chief Executive Officer and four Directors, provides advice to Council and is responsible for coordinating the day to day management of the city. The Team monitors and facilitates the implementation of service delivery and major projects.

Andrew Brien, Chief Executive Officer The Chief Executive Officer plays a leadership role in the region, facilitating strong cooperation between the community, businesses, other levels of government and Council. Andrew Brien has been employed in local government in Queensland since 1991 and has worked in and Logan City Councils and Beaudesert and Tiaro Shire Councils. With a military background Andrew’s role in local government has been focused on legislative reform, organisational change and management. His experience is complimented by a wide range of studies in local government and management.

Lisa Desmond, Director Organisational Services

Organisational Services is responsible for managing the region in an effective and efficient manner within available resources and ensuring Council is open and accessible to the community. Lisa Desmond is a qualified accountant and holds Bachelor and Masters degrees in business and commerce. She has more than 14 years experience in local government across New South Wales, the Northern Territory and Queensland.

David King, Director Development Services The role of Development Services is to encourage continued responsible and sustainable growth, ensuring harmony between the built and natural environments and maintaining the liveability of the region. David King is a qualified lawyer, planner and building surveyor. He has worked in the private and local government sectors and is Council’s in-house Solicitor providing legal advice and coordinating legal matters.

Peter Smith, Director Community Services The role of Community Services is to provide facilities and programs for healthy, sustainable and diverse communities. Peter Smith holds a Bachelor of Business and is currently undertaking a Masters in Project Management. He has been employed in local government for 28 years including a variety of positions at Brisbane and Maryborough Councils.

Ron Smith, Director External Services External Services is responsible for planning, constructing, delivering and maintaining the region’s assets and infrastructure to meet the requirements of a developing community. Ron Smith has Bachelor and Masters degrees in civil, municipal and building engineering as well as business administration. He has extensive experience in not-for-profit and local government sectors.

Page 7 Backyard, Hervey Bay Hervey Bay City Council - 2004 to 2008 HERVEY BAY CITY CITY BAY HERVEY COUNCIL

Left to right, back row: Cr Bob Campbell, Cr David Dalgleish, Cr Belinda McNeven, Cr Mick Kruger (Deputy Mayor), Cr Trevor McDonald.

Left to right, front: Cr Ted Sorensen (Mayor), Cr Sue Brooks, Cr Les MucKan.

COUNCILLORS Schedule of Meeting Attendance Mayor: Cr Ted Sorensen Attended Absent on Absent on The Mayor had overarching responsibility over all Council Business Leave committees and portfolios. Ted Sorensen 29 4 0 Sue Brooks 32 0 1 Deputy Mayor: Cr Mick Kruger Bob Campbell 33 0 0 Deputy Mayor and Chair of the Finance Working Group David Dalgleish 31 1 1 which monitored the long term financial sustainability of Mick Kruger 33 0 0 Council. Trevor McDonald 31 0 1 Cr Sue Brooks Belinda McNeven 31 1 0 Chair of the Environment Working Group which developed Les MucKan 32 1 0 policy and oversaw the management of our natural areas. Notes: Crs McDonald and McNeven were absent from Cr Bob Campbell one Special Meeting, no apology was recorded. Meetings comprised 15 Ordinary Meetings, 14 Development Services Chair of the Marketing, Economic Development and Tourism Committee Meetings and four Special Meetings. The final Working Group which promoted Hervey Bay as a lifestyle Ordinary Meeting for the Hervey Bay City Council was held and business destination. on Wednesday 5 March, 2008. Cr David Dalgleish Chair of the Infrastructure Working Group which oversaw the EXECUTIVE TEAM building and maintenance of the city’s assets such as its road Hervey Bay City Council’s Executive Management Team and drainage network. met regularly to coordinate the day to day management of Cr Trevor McDonald the city and to monitor the delivery of services and major Chair of the Community and Recreation Portfolio which projects. The team consisted of: planned and maintained the city’s sporting, recreation and community facilities. Cr Belinda McNeven Chair of the Development Services Standing Committee which set the policy framework for the future growth of the city and assessed major development applications. Cr Les MucKan Chair of the Arts and Culture Working Group which oversaw Mark Henderson, Chief Executive Officer the operation of the city’s four libraries, gallery, museums, (13 February 2006 - 14 December 2007) its public art program and cultural development including multiculturalism. David King Acting Chief Executive Officer Councillors’ Remuneration (12/11/07 - 14/03/08) Director City Development Gross Allowances Super Total Ted Sorensen 73,987 9,023 83,010 Lisa Desmond Sue Brooks 49,428 621 1,349 51,398 Director Corporate Services Bob Campbell 50,285 1,173 5,967 57,425 David Dalgleish 49,368 256 5,967 55,591 Mick Kruger 55,408 6,735 62,143 Ron Smith Director City Assets Trevor McDonald 50,995 1,883 5,967 58,845 Belinda McNeven 51,705 6,283 57,988 Les MucKan 48,807 1,421 50,228 Joanne Lambden Notes: No changes were made to the Councillor Director Community Environment remuneration policy during the reporting period.

Page 9 Statutory Requirements Financial statements and auditor’s certificate Shareholders’ delegates Pursuant to Section 532 of the Local Government Act 1993: Pursuant to Section 643 of the Local Government Act 1993: • Financial Statements and Auditor’s Certificate is • Hervey Bay City Council had one Local Government attached at the end of this report. Owned Corporation - Wide Bay Water Corporation. Council did not have any delegates on the board Expenditure in relation to consultants, advertising, but monitored its performance through the entertainment, hospitality and grants to Statement of Corporate Intent.

COUNCIL community organisations Competitive neutrality Pursuant to Section 23(1)(b) of the Local Government Act Pursuant to Section 847 of the Local Government Act 1993: HERVEY BAY CITY 1993: • No competitive neutrality complaints were • Hervey Bay City Council expended the following received during the reporting period. amounts: Advertising $266,392 Operations of a commercial business unit Entertainment and Hospitality $30,010 Consultant Services $699,999 Pursuant to Section 581(3) of the Local Government Act Grants to Community Groups $174,455 1993: • Nil commercial business units. Controlled reserves and roads Pursuant to Section 25 of the Local Government Act 1993: List of registers • Hervey Bay City Council had control of 135,900 ha Pursuant to Section 534 of the Local Government Act 1993 of reserve land under the Land Act 1994, of which the following Registers are kept and open to inspection: 1,163ha was leased to sporting and community Register of Councillors’ Interests (Section 247/8) groups and 806km of sealed and unsealed roads. Register of Electoral Gifts (Section 433) The State Government controls 116.13km of Register of Enterprises (Section 501) road in Hervey Bay and the Federal Government Register of Business Activities to which Competitive controls 34.58km of national highway. This land has Neutrality Principles Apply (Section 846) no value for the financial statements. Register of Local Laws (Section 895) Joint local authority arrangements Register of Roads (Section 921) Register of Regulatory Fees (Section 1071E) Pursuant to Section 59 of the Local Government Act 1993: Register of Delegations by CEO (Section 1132 ) • No arrangements were entered into during the Register of Staff Interests (Section 1139) reporting period. Restricted Dog Register (Section 1193)

Changes to tenders Equal employment opportunity (EEO) Pursuant to Section 488(2) of the Local Government Act Pursuant to Section 534(1) of the Local Government Act 1993: 1993: • No changes to tenders were made after the tenders • Hervey Bay City Council promoted equality were advertised. of opportunity for all employees and potential employees by: raising commitment to and Short listing after calling for expressions of interest awareness of EEO principles; developing best practice policies, procedures and guidelines; (EOI) recognising that cultural diversity is an asset; Pursuant to Section 489(1) of the Local Government Act processes to ensure proper assessment of merit of 1993: applicants; and facilitating work/family/life balance.

• No resolutions were made to invite EOIs before In 2007 An EEO survey was undertaken to enable inviting tenders during the reporting period. staff to identify with Local Government Act 1993 specified target groups. 127 surveys were returned: 63 identifying with women; 5 identifying with Aboriginal and Torres Strait Islander people; 8 Sandpush, Hervey Bay people from non-English speaking backgrounds; and 3 people with a disability. Council was proud to employ members of the identified target groups, who enhanced the culture, work environment and capacity to achieve objectives.

In the case of employment all citizens compete equally for jobs and none were excluded on grounds such as gender or race. Council embraces the principles of merit and equity in recruitment and selection.

Page 10 HERVEY BAY CITY COUNCIL 2011/12 $740,000 $5,260,000 $6,000,000 on all rateable land on all rateable on rateable land on rateable on all rateable land on all rateable on rateable land within land within on rateable 2010/11 Nil Nil Nil 10-20 years 10-20 years 20 years 20 years 5 years 10-20 years 2009/10 $7,650,000 Nil $7,650,000 Council Rural Fire Levy Fire Rural Council the purchase for funds raise to area the designated land and/or of buildings, and maintenance levyThe was brigades. the rural for equipment brigades of the as set based on the requirements annually by to agreed out in their budgets and Council. Garbage Island Levy Fraser the for revenue raise to area within the designated Island. collection and disposal of garbage Fraser on Mainland Garbage Levy area within the Mainland Garbage designated Levy the collection and disposal of for revenue raise to garbage on the mainland. Charge Sanitary Conversion service nightsoil had an existing that to in Howard treatment sewerage of an alternative fund the cost properties only. the above to system • • • • Pursuant to Section 971 of the Local Government Act 1993 Section Government to 971 of the Local Pursuant imposed: were charges levies and the following Details of any special rates or charges or charges special rates any Details of Page 11 Page 2008/09 $13,100,000 Nil $13,100,000 $11,860,000 $1,600,000 $13,460,000

(based on asset life) Works General Airport Upgrade Buildings Administration IT Infrastructure Management Infrastructure Waste Solid

Reimbursement of Councillor expenses was was expenses Reimbursement of Councillor Remuneration as part of the Councillors’ covered Policy. Nil complaints were received. Nil were complaints Nil overseas travel was undertaken. was travel Nil overseas • • • Pursuant to Section 23(2)(a) of the Local Government Finance Standard 2005, the annual report details of Standard must contain Finance Section Government to 23(2)(a) of the Local Pursuant Concession. and on Rebates and Policy Policy Borrowing Council’s policyBorrowing summary time for The of non-current construction assets. fund the acquisition, and major refurbishment to raised were Borrowings be within: planned to was borrowings and proposed of existing repayment Particulars of issues required by the Local Government Finance Standard Finance Government the Local by Particulars of issues required to in order or more years ten of useful life capital projects with an estimated to given was borrowing for Consideration Strategic Term a Long maintained Council of ratepayers. generations apportion future on an equitable basis over costs Council financial viability its long term and abilityto service demonstrate repayments. to loan in order Plan Financial funds within the respective revenue keep debt servicing to of 25% of annual rates a maximum ceiling proposed below costs generations. upon future undue burden place so as not to set out below:to 2011/2012 are 2007/2008 years from financial the for borrowings Proposed 2007/08 General Program Management Waste Solid TOTAL and concessions rebates Summary of rate Act 1993, Hervey City Government Bay 6 of the Local 14, Part under Chapter In of concession the application considering within the local of capacityto pay levels the principles of: guided by the different was to Council regard Equity - having - making clear Transparency and rating; concessional receiving ratepayers community; for Consistency - the same treatment concessions. necessary receive to the requirements policies in respect of the following: developed Council principles, with the above In accordance certain that rates of pensioners had contributed classes accepted pensioners - Council for and charges (a) Remission of rates and respectrates in of concession a and should be afforded income a fixed restricted by a period are of time and/or over 2008. the period 14 March 1 July 2007 to $765,195 for was expenditure Total charges. which organisations were there that also recognised sporting - Council and community recreation, groups to Assistance (b) youth welfare, churches, including schools, resources community financial benefit of the with limited general the for operate a donation received have may and sporting Such organisations emergency services, aged care, organisations. organisations, 2008. the period 14 March 1 July 2007 to $256,175 for was expenditure Total and charges. based on their rates paid were and charges if all rates allowed was a 10% discount and charges of rates payment the prompt encourage To (c) period the 14 1 July 2007 to $2,709,391 for was allowed discount Total notice. after the issue of a rate in 30 clear days 2008. March Pursuant to Section 534(1)(ea) of the Local Government Act Section Government to of the Local 534(1)(ea) Pursuant 1993: Expenses reimbursement policyExpenses reimbursement Code of conduct for Councillors of conduct for Code Act Section Government to of the Local 534(1)(n) Pursuant 1993: Overseas travel Overseas Act Section Government to Local 24 (1)(a) of the Pursuant 1993: Community Financial Report - Hervey Bay The Community Financial Report is intended to provide operating profit of $9,313,048. The operating result from readers with a better understanding of the financial ordinary operations for the combined entities is a profit of performance and financial position of Council. This report $13,899,540. simplifies the often complex information contained in Council provides a wide range of services to the community the annual financial statements which are prepared in using both its own staff, external contractors & suppliers. accordance with legislation, making it easier to understand The ‘traditional’ focus of Council (Roads, Parks, Water. Waste Councils financial position. Water, Waste Disposal) has greatly expanded in recent The financial statements for the period 1 July 2007 to 14 years and now includes increased social, environmental & COUNCIL March 2008 outlines the financial result for the Hervey Bay economic development activities. City Council (HBCC), and the following controlled entities:

HERVEY BAY CITY A large part of the expenditure shown in the income • Wide Bay Water Corporation (WBWC), which became statement is made up of depreciation. Depreciation records a separate entity, wholly owned by HBCC on 1 January the annual consumption of assets owned by Council. As 2002. well as representing their rate of consumption, it is also an indicator of the amount of money required on an annual • Widelinx Pty Ltd which was established in January 2005 basis for the future replacement of assets. to oversee the operations of a local telecommunications venture. If Council does not raise sufficient revenue on an annual basis to fund depreciation, in the long term Council may • Hervey Bay (Community Fund) Ltd established in June not be able fund future asset replacement, leading to a 2006 to maintain & encourage private gifts of money, deterioration of its asset base and the services that they real and personal property and to act as the trustee for provide. the Hervey Bay Community Trust Fund. • Hervey Bay (Cultural Fund) Ltd established in June 2006 to maintain and encourage private gifts of money, real

and personal property and to act as the trustee for the Where the revenue $ come from Hervey Bay Public Gallery Fund, the Hervey Bay Public Library Fund and the Hervey Bay Public Museum Fund. Subsidies & Grants Non-Monetory Recoverable Works 12% Developers 2% Contibutions 18% Under normal circumstances the statements would cover a Fees & Charges twelve month period (to 30th June), however as a result of 8% Interest 2% the amalgamation of HBCC with Maryborough City Council, Other Woocoo Shire Council and part of Tiaro Shire Council, the 3% Fraser Coast Regional Council came into effect on 15 March 2008 with HBCC ceasing to exist as at 14th March 2008.

INCOME STATEMENT Rates 55% This statement shows how we performed during the financial

year. Where the total expenditure goes Government and Companies Administration 0.5% Revenue in - Expenses out = Result for the Year. 8.6%Economic Development 0.2% The Income Statement includes ordinary revenues and Water & Waste Water expenses from operating activities and capital income and 33.4% Roads Infrastructure 20.9% expenditure. Capital income and expenditure is money received or spent on assets and infrastructure items such as parks, roads, drains, coastal walls, water and sewerage

infrastructure, land, buildings and plant & equipment. Solid Waste Stormwater Drainage Management 8.0% Capital income is usually sourced from grants, subsidies 8.1% Community and and developers contributions. Operating expenditures Commercial Activities Recreation 3.4% Environment and Health Development Services 10.7% are those required to run the day to day operations of the 3.0% 3.2% organisation, such as wages, maintenance costs, materials, depreciation and finance costs. The Income Statement for the period 1st July 2007 to 14th March 2008 shows a net result of $35,619,046. BALANCE SHEET Is Council charging too much for services if it makes such a large result for the year? The Balance Sheet shows what we own (assets), what we owe others (liabilities) and our net community wealth (equity). The large operating position result is primarily due to capital revenue. When the Operational & Capital components of The value of community assets has increased rapidly the income statement are separated, Council actually had in recent years as new infrastructure and other assets an operational loss for the year. The capital income is used are provided to support the growing population. New to fund future capital infrastructure vital to the needs of the infrastructure is acquired through council investment and growing community, and cannot be spent on the day to day contributions by developers. Council eventually takes activities of Council. ownership and responsibility for replacement of community assets built by developers. These include such things as After eliminating capital income & expenditure from the roads, drainage, water & waste water infrastructure and final result, HBCC ended the reporting period with an parklands.

Page 12 Community Financial Report - Hervey Bay Capital Expenditure (investment in community infrastructure) HERVEY BAY CITY CITY BAY HERVEY Total Capital spending during the period amounted to:

HBCC $ WBWC $ COUNCIL Land & Capital Assets 12,038,077 14,858,316 Contributed capital assets 18,266,246 1,977,802 Loan principal redemption 2,151,564 994,492 Loan redemption is paying back the principal on loans previously taken out to fund capital expenditure. Repayments reduce loan liabilities on the balance sheet. (Interest costs associated with those loans form part of operational expense on the Income Statement) Total Assets created at cost during year (including projects commenced in previous financial years and finalised during 2007/8 (excludes contributed assets) is $20,379,559 Debt At the end of the financial year loans outstanding were: HBCC $21,951,168 WBWC $49,723,345 Total $71,674,513 No loans were drawn down during the financial year and loan repayments of $3.1m were made reducing the total loan liability from the previous year by this amount. Community Equity Community equity represents the net value of total community assets or the wealth of the City. The financial statements show an increase in community equity of $77.3m which represents an 10.5% growth in community wealth. Below is what the community owns:

Hervey Bay City Council Community Equity (Net Assets) 1999 - 2008 ($m)

$812.92

$728.76 $673.04

$571.12

$458.00 $405.21 $383.63 $388.59 $331.49

99-00 00-01 01-02 02-03 03-04 04-05 05-06 06-07 07-08 Cash Position Cash on hand is made up of working capital to meet the short term operating expenses, reserves for specific projects previously approved, and unspent depreciation cash for general capital projects approved in the budget process. Cash on hand as at 14 March 2008 was $33,987,554 an increase of $3,731,719 which was partly attributable to the shorter reporting period of 14th March compared to 30th June in the previous year.

FINANCIAL RATIOS (consolidated to 14 March 2008) Debt exposure ratio: 8.8% The percentage of Council’s capital debt to total community Change in community equity ratio: 10.5% equity The percentage change in the net wealth of the Council Working capital ratio: 3.5 : 1 Interest cover: 4.0% The ratio of unrestricted current assets available to meet The percentage of interest costs to total recurrent revenue current liabilities Debt servicing ratio: 8.0% Borrowing ratio: 90.0% The percentage that the Council’s total recurrent revenue The total capital borrowing as a percentage of total recurrent that is used to service loan interest and principal repayments revenue General rate revenue ratio: 38.5% Capital expenditure ratio: 240.7% The Council’s dependence on general rate revenue as a The ratio of capital expenditure to depreciation percentage of total recurrent revenue Rate arrears ratio: 12.9% Revenue ratio: 74.9% The percentage of rates and charges receivable to net The Council’s dependence on net rates and utility charges as rate and charges revenue. The effectiveness of Council’s a percentage of total recurrent revenue collection of rates and charges

Page 13 HERVEY BAY CITY COUNCIL AND CONTROLLED ENTITIES

Income Statement for the period ended 14 March 2008 Consolidated Consolidated Council Council 8.5 months 12 months 8.5 months 12 months 14 March 2008 30 June 2007 14 March 2008 30 June 2007 Actual Actual Actual Actual Note $ $ $ $

COUNCIL Income Revenue

HERVEY BAY CITY Recurrent Revenue Net rates and utility charges 3(a) 59,691,260 55,272,118 35,589,360 31,292,859 Fees and charges 9,065,921 11,779,103 8,069,780 10,753,315 Interest received 3(b) 2,449,848 1,712,176 1,968,091 1,238,887 Sales of contract and recoverable works 3(c) 2,552,792 3,061,590 232,105 242,216 Other recurrent income 3(d) 3,088,017 3,847,186 3,026,259 5,935,424 Grants, subsidies, contributions and donations 4(i) 2,834,508 4,889,981 2,551,200 3,854,163 Proceeds from sales of land developed for resale 5 - 8,319,220 - 8,319,220 Total recurrent revenue 79,682,346 88,881,374 51,436,795 61,636,084

Capital Revenue Grants, subsidies, contributions and donations 4(ii) 30,717,485 41,402,325 22,678,143 20,702,795 30,717,485 41,402,325 22,678,143 20,702,795 Total revenue 110,399,831 130,283,699 74,114,938 82,338,879

Capital Income 6 228,789 86,859 223,401 90,513 Total income 110,628,620 130,370,558 74,338,339 82,429,392

Expenses Recurrent Expenses Employee benefits 8 (20,250,960) (26,941,252) (13,833,943) (18,973,166) Materials and services 9 (21,351,513) (30,127,910) (12,732,227) (18,788,017) Current cost of developed land sold 5 (1,114,797) (6,726,527) (1,114,797) (6,726,527) Finance Costs 10 (3,473,624) (4,197,320) (1,205,512) (1,374,319) Depreciation and amortisation 11 (19,591,912) (24,660,775) (13,237,268) (16,254,496) Total recurrent expenses (65,782,806) (92,653,784) (42,123,747) (62,116,525)

Capital Expenses 12 (8,950,700) (8,936,958) (7,296,936) (5,562,991) Total Expenses (74,733,506) (101,590,742) (49,420,683) (67,679,516) Net Result Attributable to Council 35,895,114 28,779,816 24,917,656 14,749,876

*These statements should be read in conjunction with the notes and Summary of Significant Accounting Policies

Urangan Pier, Hervey Bay HERVEY BAY CITY COUNCIL AND CONTROLLED ENTITIES

Balance Sheet CITY BAY HERVEY as at 14 March 2008 Consolidated Consolidated Council Council

14 March 2008 30 June 2007 14 March 2008 30 June 2007 COUNCIL Actual Actual Actual Actual Note $ $ $ $ Current Assets Cash and cash equivalents 14 33,987,554 25,307,232 30,255,835 20,216,997 Trade and other receivables 15 12,373,647 9,075,708 10,652,454 7,330,876 Inventories 16 4,448,093 4,663,745 3,817,959 4,367,665 Other Financial assets 18 719,113 551,771 129,146 106,255 51,528,407 39,598,456 44,855,394 32,021,793 Non-current Assets Trade and other receivables 15 - - 1,564,000 1,564,000 Investment in controlled entities 19 - - 141,589,153 141,589,153 Property, plant and equipment 20(a)(b) 814,380,438 754,101,773 467,930,620 420,637,654 Capital works in progress 21 30,177,894 23,752,593 15,099,914 13,422,859 Intangible assets 22 117,644 121,869 117,644 121,869 844,675,976 777,976,235 626,301,331 577,335,535 TOTAL ASSETS 896,204,383 817,574,691 671,145,725 609,357,328

Current Liabilities Trade, other payables and provisions 23 10,815,535 13,356,486 9,475,008 9,814,105 Borrowings 24 4,043,202 5,209,515 1,453,202 3,071,015 Other 25 43,127 59,808 - - 14,901,864 18,625,809 10,928,210 12,885,120 Non-current Liabilities Trade, other payables and provisions 23 470,518 576,952 305,218 410,919 Borrowings 24 67,631,311 69,608,519 20,497,966 21,029,182 68,101,829 70,185,471 20,803,184 21,440,101

TOTAL LIABILITIES 83,003,693 88,811,280 31,731,394 34,325,221

NET COMMUNITY ASSETS 813,200,690 728,763,411 639,425,331 575,032,107

Community Equity City capital 26 518,208,559 504,996,551 446,479,005 446,478,955 Asset revaluation reserve 27 248,419,541 206,830,715 140,064,348 109,150,908 Retained surplus / (deficiency) 28 18,515,748 (16,655,718) 24,825,136 (5,147,588) Capital and other reserves 29 28,056,842 33,591,863 28,056,842 24,549,832 TOTAL COMMUNITY EQUITY 813,200,690 728,763,411 639,425,331 575,032,107 *These statements should be read in conjunction with the notes and Summary of Significant Accounting Policies

Page 15 HERVEY BAY CITY COUNCIL Page 16 HERVEY BAY CITY COUNCIL Page 17 Page Queens Park, Maryborough Page 18 Maryborough City Council - 2004 to 2008

Left to right, back row: Cr Mario Fazio, Mr Kevin Slade (Director Financial Services), Mr Peter Smith (Director Planning and Environmental Services), Mr Peter Cochrane (Director Corporate and Community Services). Left to right, middle row: Ms Brenda Atkinson (Executive Assistant), Cr Gerard O’Connell, Cr Ann Morris, Mr Wayne Sweeney (Director Engineering Services), Cr Anne Nioa, Cr John Dautel, Cr Margaret Wroe. Left to right, front row: Mr Scott Greensill (CEO), Cr Julie Arthur (Deputy Mayor), Cr Barbara Hovard (Mayor), Cr Jenny Burton.

COUNCILLORS Cr Margaret Wroe MARYBOROUGH CITY Mayor: Cr Barbara Hovard Cr Wroe was involved in the following committees: Regional Cr Hovard was involved in the following committees: Brolga Arts Development Fund, Market Day, Junior Council, Theatre Board, Maryborough Effluent Re-Use Scheme, Communications, Events, Maryborough Water. COUNCIL Design Reference Group, Marine Industrial Precinct, Market Day, Communications, Maryborough Technology Challenge, Councillors’ Remuneration Wide Bay Regional Planning, Internal Audit, Mary River Gross Allowances Super Total Catchment, Maryborough Water Sub-Committee. Barbara Hovard 50,663 5,272 6,158 62,093 Deputy Mayor: Cr Julie Arthur John Dautel 23,514 3,351 3,065 29,930 Cr Arthur was involved in the following committees: Julie Arthur 29,039 2,079 3,550 34,668 Maryborough and District Committee on the Ageing, Show Jenny Burton 23,514 3,351 3,065 29,930 Society, Maryborough Effluent Re-Use Scheme, Access, Mario Fazio 23,514 3,351 3,065 29,930 Maryborough Water, Fraser Coast Community Health. Ann Morris 23,514 3,351 2,554 29,419 Cr John Dautel Anne Nioa 23,514 3,351 3,065 29,930 Gerard O’Connell 23,514 3,351 3,065 29,930 Cr Dautel was involved in the following committees: Margaret Wroe 23,514 3,351 3,065 29,930 Fraser Coast South Burnett Regional Tourism Board, Brolga Theatre Board, Design Reference Group, Marine Industrial Notes: No changes were made to the Councillor Precinct Committee, Market Day, Future Directions Study remuneration policy during the reporting period. – Maryborough Airport, Fraser Coast Motorpark, Wide Bay Regional Planning, Wide Bay Burnett Aviation Group. Schedule of Meeting Attendance Cr Jenny Burton Attended Absent on Absent on Cr Burton was involved in the following committees: Business Leave Maryborough Community Recreation Centre Association Barbara Hovard 32 1 0 Management Committee, Maryborough Effluent Re-Use John Dautel 31 2 0 Scheme, Sunwater Lower Mary Customer Council, Mary River Julie Arthur 25 1 7 Catchment, Maryborough Water. Jenny Burton 32 0 1 Cr Mario Fazio Mario Fazio 30 2 1 Ann Morris 29 0 4 Cr Fazio was involved in the following committees: Wide Bay Anne Nioa 26 2 5 Burnett Regional Roads Group, Maryborough Technology Gerard O’Connell 28 0 5 Challenge, Maryborough Water, Road Safety Watch Forum. Margaret Wroe 32 1 0 Cr Ann Morris Notes: Meetings comprised 32 Council Meetings and Cr Morris was involved in the following committees: Brolga one Special Meeting. The final Council Meeting for the Theatre Board, Social Plan Working Party, Communications, Maryborough City Council was held on Tuesday 4 March, Maryborough Technology Challenge, World’s Greatest 2008. Pub Crawl, Junior Council, Commonwealth Respite Carers, Internal Audit, Local Area Multicultural Project Committee. EXECUTIVE TEAM Cr Anne Nioa Maryborough City Council’s Executive Management Team Cr Nioa was involved in the following committees: Fraser met regularly to coordinate the day to day management of Coast South Burnett Regional Tourism Board, Design the city and to monitor the delivery of services and major Reference Group, Future Directions Study – Maryborough projects. The team consisted of: Airport, World’s Greatest Pub Crawl, Events Co-ordination. Scott Greensill, Chief Executive Officer Cr Gerard O’Connell Peter Cochrane, Director Corporate and Community Services Cr O’Connell was involved in the following committees: Kevin Slade, Director Financial Services Maryborough Chamber of Commerce, Brolga Theatre Board, Wayne Sweeney, Director Engineering Services Maryborough Technology Challenge, Future Direction Study Peter Smith, Director Planning and Environmental Services – Maryborough Airport, Internal Audit Committee.

Page 19 MARYBOROUGH CITY COUNCIL Outdoor Dining,Outdoor Maryborough Statutory Requirements Pursuant 25oftheLocal to Government Section 1993: Act Controlled reserves androads 1993: Pursuant 23(1)(b) oftheLocal to Government Section Act community organisations andgrantsentertainment, hospitality to Expenditure inrelation to consultants, advertising, Pursuant 532oftheLocal to Government Section 1993: Act Financial statements andauditor’s certificate 1993: Pursuant 489(1)oftheLocal to Government Section Act (EOI) for calling expressions listingafter ofinterestShort 1993: Pursuant 488(2)oftheLocal to Government Section Act Changes to tenders Pursuant 59oftheLocal to Government Section 1993: Act arrangements authority Joint local • • • Council City hadcontrol Maryborough of: • • This landhasnovalue for thefinancialstatements. ofroads. leasedtoreserves localclubsand487.5km including parks, environmental and reserves 1994 landundertheLandAct 871ha ofreserve Grants to Community Groups Consultant Services andHospitality Entertainment Advertising attached at theendofthisreport. Financial Statements andAuditor’s is Certificate inviting period. tenders thereporting during No resolutions were madeto invite EOIsbefore No changesto tenders were made. period. reporting No arrangements were entered into the during $934,022 $78,311 $54,319 $115,237 Page 20 the following Registers are keptandopento inspection: Pursuant 534oftheLocal to Government Section 1993 Act List ofregisters 1993: Pursuant 581(3)oftheLocal to Government Section Act Operations ofacommercial businessunit Pursuant 847oftheLocal to Government Section 1993: Act Competitive neutrality Pursuant 643oftheLocal to Government Section 1993: Act Shareholder delegates 1993: Pursuant 534(1)oftheLocal to Government Section Act (EEO)Equal employment opportunity Register ofbuildingapplications andnotices AnimalsRegister (Local ofImpounded Law 13) FeesRegister ofRegulatory Register ofRoads Register ofLocal Laws Register 472) ofDelegationsby Council (Section Register Gifts ofElectoral Register ofCouncillors’ 247/8) Interests (Section • • • • Nil commercialNil businessunitswere operated. received period. thereporting during No competitive complaints neutrality were There were n sections ofCouncil forsections peoplewithadisability. EEO target groups withplacements invarious forwork students from experience opportunities intheprovisionCouncil participated actively of identified as Aboriginal and Torres Strait Islander. trainees employed were female andtwo trainees groups. the2007/2008 financial In year, 50%ofthe to peopleidentified asmembersofEEOtarget Council provided employment opportunities and Equal Opportunity. clause dealingspecificallywith Anti-Discrimination the Enterprise Bargaining Process whichincludeda also occurred withunionsandemployees through Statement was supplied. Extensive consultation new employees andacopy ofCouncil’s EEOPolicy EEO was includedinCouncil’s for booklet Induction in individualwork areas. noticeboards, staffnewsletters andstaffmeetings from, allstaffon a regular basisthrough staff provision ofinformation to, input andseeking continued ina positive mannerthrough the Plan.Management This process ofconsultation in theformulation andimplementation ofthe All staffandunions were consulted extensively operation. to-day of strategicformulation andday- policy direction, ofEEOinthedevelopmentapplied theprinciples Plan Management and Employment Opportunity Council City Maryborough il shareholder delegates.

had inplace anEqual (Section 1071E) (Section 921) (Section 895) (Section 433) (Section MARYBOROUGH CITY COUNCIL 20 years 20 years 20 years 20 years 20 years 20 years Expected Term Expected 2011/2012 - 1,750,000 - 1,050,000 - $2,800,000 2010/2011 - 1,750,000 1,750,000 2,050,000 - $5,550,000 Reimbursement of Councillor expenses was was expenses of Councillor Reimbursement Remuneration as part of the Councillors’ covered Policy. levied. were or charges Nil special rates • • Pursuant to Section 534(1)(ea) of the Local Government Act Section Government to Local 534(1)(ea) of the Pursuant 1993: or charges special rates Details of any Act 1993: Section Government to of the Local 971 Pursuant Expenses reimbursement policy Expenses reimbursement Page 21 Page 2009/2010 - 3,650,000 150,000 5,000,000 - $8,800,000 2008/2009 1,000,000 4,750,000 425,000 4,750,000 1,500,000 $12,425,000 Borrowings New - 2007/2008 - 350,000 $8,750,000 An entityAn whose objects do not include the making of profit. the arts for development. or cultural or encouragement assistance entity provides An that of the whole or part development of economic of the area. or encouragement assistance The heritage or historic, environmental, of cultural, of structures places or or maintenance preservation,The restoration area. government’s to the local significance scientific No complaints were received. were No complaints Nil overseas travel was undertaken was behalf of on travel Nil overseas during the reportingCouncil period. • • Particulars of issues required by the Local Government Finance Standard Finance Government the Local by Particulars required of issues 2005, the annual report details of Standard must contain Finance Section Government to 23(2)(a) of the Local Pursuant Concession. and on Rebates and Policy Policy Borrowing Council’s policyBorrowing summary physical of non current construction the acquisition, fund and replacement to be raised to were new borrowings Planned below:-assets as shown Purpose Land Purchases and Development 6,600,000 Works Infrastructure Mngmt 1,800,000 Waste Solid and Sewerage Water Other TOTAL in Council Coast Regional Fraser by reviewed to 2011/2012 will be years 2008/2009 the financial projections for Borrowing the times over will be repaid new borrowings Proposed years. those respective of budgets for conjunction with preparation of their within the remainder will be repaid borrowings and existing above projects listed the respective opposite shown terms. existing and concessions rebates Summary of rate made and levied pursuant Charges Water and Refuse Charges Charges, Sewerage General Rates, differential The - Discount the whole of such and Rates (15%) provided of fifteen subject percent a discount to Budget were 2007/2008 Council’s to Thirty given. after notice Days paid within in respect of the subject land) were if any, with arrears, (together Charges 2008. period the 14 March 1 July 2007 to $3,628,156 for was allowed discount Total grant to agreed Act 1993 Council Section Government to of the Local 1033(1)(b) - Pursuant Remission Pensioners of Rates to and occupancy on ownership dependant of the rateable of the remission the amount pensioners, to of rates a remission property. 2008. the period 14 March 1 July 2007 to $457,895 for was allowed pensioners remissions Total accepted Act 1993, Council Section Government to 1033 of the Local - Pursuant other than Pensioners Remission of Rates for remission of a under Sectionto approve of its powers 1031 or factorsexercise justified the circumstances the following that rates: (a) (b) (c) (d) Section to Sporting of the Local 1033 (1) (b) Recreation, - Pursuant Remission of Rates Groups for and Community Sporting Recreation, with a Rate to Groups assistance and Community provide to agreed Act 1993, Council Government community and schools, purposes: churches, the following or leased and used for Remission on land and/or buildings owned provide that entities religious for also be available Remission may the aged. and housing facilities for organisations welfare and/or nursing home-type hostel provide for aged persons; that housing organisations non-profit aged persons, housing for wholly or in Surf Sea Air rely Rescue, Brigades, Clubs and the like that Saving emergency Life services Fire (such as SES, Rural part the community) and sporting organisations. from on voluntary labour and funding drawn recreation and 2008. the period 14 March 1 July 2007 to $57,180 for other than pensioners was to allowed remissions Total Code of conduct for Councillors of conduct for Code Act Section Government to of the Local 534(1)(n) Pursuant 1993: Overseas travel Overseas Act Section Government to Local 24 (1)(a) of the Pursuant 1993: MARYBOROUGH CITY COUNCIL Community -Maryborough Financial Report a deterioration of its asset base and the services that they a deterioration ofitsassetbaseand theservices not beablefund assetreplacement inthefuture, leadingto basis to funddepreciation, inthelongterm Council may CouncilIf doesnotraise sufficient revenue onanannual basis for thefuture replacement of assets. indicator oftheamount ofmoneyrequired onanannual well asrepresenting theirrate ofconsumption, itis also an the annualconsumption ofassetsowned by Council. As statement ismadeupofdepreciation. Depreciation records oftheexpenditure shownA large intheincome part economic development activities. and now includes increased social, environmental and Water, Waste Disposal)hasgreatly expanded inrecent years The ‘traditional’ focus ofCouncil (Roads, Parks, Water, Waste using bothitsown staff, contractors andsuppliers.external Council provided to thecommunity awiderange ofservices was $2,897,654. City Council’sfinal Maryborough result, operating surplus After eliminating capitalincome andexpenditure from the the day to ofCouncil. day activities needs ofthegrowing community, andcannotbespent on Funding offuture capitalinfrastructure isvitalto satisfy the forcollected whichare capitalprojects notcompleted. must be spent on capital projects) and other general revenue (sources offundingiegrants, subsidies, contributions which The large operating positionresult isdueto capitalrevenue result forthe year? Is Council charging ifitmakes too much forservices suchalarge 14th March 2008shows anetresult of$5,138,111. The Statement Income for from theperiod 1stJuly2007to finance costs. as wages, maintenance costs, materials, depreciation and to runthe day to day operations oftheorganisation, such contributions. Operating expenditures are thoserequired is usuallysourced from grants, subsidiesanddevelopers’ land, buildings and plant andequipment. Capital income as parks, roads, drains, water andsewerage infrastructure, received orspent onassetsandinfrastructure items such expenditure. Capital income andexpenditure ismoney expenses from andcapitalincome operating and activities The Statement revenues Income includesordinary and Revenue out=ResultfortheYear. in-Expenses financial year. This statementduringthe shows how Council performed INCOME STATEMENT March 2008. Council City ceasing to exist asatwithMaryborough 14 Marcheffect on15 2008(LocalGovernment Day), Election Shire Council, theFraser Coast Regional Council cameinto Bay Council, City Woocoo Shire of Council, andpart Tiaro Council City withHervey amalgamation ofMaryborough month (to period the30thofJune),butasaresult ofthe circumstances thestatements would cover atwelve Council). City Under normal CouncilCity (Maryborough March 2008outlinethefinancial result Maryborough for The financialstatements 1July2007 for theperiod to 14 Council’s financialposition. accordance iteasierto understand withlegislation, making the annualfinancialstatements whichare prepared in simplifies theoften complex information contained in andfinancialpositionof Council.performance This report readers withabetter understandingofthefinancial The Communityisintended Financial to provide Report Page 22 budgeted to begin inthefinancial year ending30June2008. borrowed $8,750,000hadnotcommenced, buthadbeen that for someof theprojects due to thefact whichCouncil increase of$4,359,745from 30June2007. This was mainly Cash onhand asat 14March 2008was $8,397,935,an approvedprojects inthebudgetprocess. previously approved, andunspent cashfor general capital term operating expenses, forshort reserves specificprojects capitaltoCash meetthe onhand ismadeupofworking Cash Position This iswhat theCommunity owned. wealth.community of$5,508,101whichrepresentsequity a1.3%growth in The financial statements show anincrease in community assetsorthewealthcommunity oftheCity. representsCommunity equity thenetvalue oftotal Community Equity This isthetotal loanborrowings owed. thecommunity previous year of$7,829,083. anoverallmade making increase from inloanliability the the financial year andloan repayments of$920,917 were Loans amounting to $8,750,000were drawn down during $23,182,134. At theendof financial year loansoutstanding were Debt 2008, butexcludes contributed assets. March 1July2007and14 theperiod and finalisedduring This commenced includesprojects inprevious financial years Total Assets created at cost $5,428,370. operational Statement. expense ontheIncome Interest costs of associated withthoseloans form part Repayments reduce loanliabilitiesonthebalance sheet. previously taken outto fundcapitalexpenditure. Loan redemption ispaying onloans backtheprincipal Principal Loan Redemption Contributed Capital Assets Land andCapital Assets Total amounted Capital theperiod spendingduring to: infrastructure) Capital Expenditure (investment incommunity parklands. roads, drainage, water andwaste water infrastructure and assets builtby developers. These includesuchthingsas ownership andresponsibility for replacement ofcommunity and contributions by developers. Council eventually takes infrastructure isacquired through Council investment are thegrowing provided to population. support New in recent years asnewinfrastructure andotherassets The value assetshasincreased ofcommunity rapidly (equity). what itowed others(liabilities)andthenetcommunity wealth The Balance Sheetshows whatthecommunity owned (assets), SHEET BALANCE provide. $920,917 $1,036,502 $5,297,554 MARYBOROUGH CITY COUNCIL 3% 4% 5% 3% Development Services Development Health & Environment & Health City Governance City 5% Enterprise Development Enterprise Recreation & Sport & Recreation 7% 27% Maryborough Water Maryborough Community & Cultural & Community 3.6 : 1 78.1% 90.9% 40.9%* Where the total expenditure goes 17% 8% Corporate & Financial& Corporate Maryborough Waste Maryborough 21% Infrastructure Services Infrastructure capital ratio: Working meet to assets available of unrestricted current ratio The liabilities current ratio: Borrowing recurrent of total as a percentage capital borrowing total The revenue ratio: expenditure Capital depreciation to of capital expenditure ratio The ratio: Rate arrears net to receivable and charges of rates percentage The Council’s of effectiveness The revenue. and charges rate and charges collection of rates 14 March as at ratio arrears rate *Maryborough City Council’s by the fact the and affected that Rates 2008 is adversely ended 30 June 2008 were Year the Half issued for Charges date). 2008 (after 26 March balance not due until 3% 8% Contributions 2% 1% Page 23 Page Grants Subsidies & Sale ofSale Assets Non-Monetary Developers Non-Monetary 1% Recoverable Works 8% 2% Interest Other Fees Charges& Maryborough City Council (Net Assets) Equity City Maryborough - Community 1.3% 2.4% 5.5% 45.1% 80.7% 5.3% 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Community Financial Report Financial - MaryboroughCommunity 0 Where the total revenue comes from comes revenue total the Where 50,000,000 450,000,000 400,000,000 350,000,000 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000

75%

Rates & Utility Charges Rates Utility & cover: Interest Debt servicing ratio: ratio: revenue General rate of the Council change in the net wealth percentage The revenue recurrent total to costs of interest percentage The revenue recurrent total the Council’s that percentage The and principal service repayments is used to that loan interest as a revenue rate on general dependence Council’s The revenue recurrent of total percentage ratio: Revenue and utility as charges on net rates dependence Council’s The revenue recurrent of total a percentage ratio: Debt exposure community total capital debt to of Council’s percentage The equity FINANCIAL RATIOS Change in community equity ratio:

MARYBOROUGH CITY COUNCIL

Income Statement for the period ended 14 March 2008 8.5 months 12 months Actual Actual Note $ $

Income Revenue Recurrent Revenue Net rates and utility charges 3(a) 23,931,073 22,852,712 Fees and charges 2,541,326 2,930,056 Rental income 3(b) 60,048 81,190 Interest received 3(c) 386,544 661,001 Contract and recoverable works 3(d) 636,820 522,139 Other recurrent income 3(e) 790,056 777,896 Grants, subsidies and contributions 4(i) 1,318,384 2,224,379 Total recurrent revenue 29,664,251 30,049,373

Capital Revenue

COUNCIL Grants, subsidies and contributions 4(ii) 2,308,023 4,710,885 2,308,023 4,710,885 Total revenue 31,972,274 34,760,258 MARYBOROUGH CITY CITY MARYBOROUGH

Capital Income 5 - 71,011 Total income 31,972,274 34,831,269 Expenses Recurrent Expenses Employee benefits expense 7 (10,484,537) (12,731,877) Materials and services 8 (8,562,901) (9,453,552) Finance Costs 9 (750,377) (1,027,671) Depreciation 10 (6,968,782) (6,204,543) Total recurrent expenses (26,766,597) (29,417,643)

Capital Expenses 11 (67,566) (160,104) Total Expenses (26,834,163) (29,577,747) Net Result Attributable to Council 5,138,111 5,253,522

*These statements should be read in conjunction with the notes and Summary of Significant Accounting Policies

Mary River, Maryborough MARYBOROUGH CITY COUNCIL

Balance Sheet as at 14 March 2008 14 March 2008 30 June 2007 Actual Actual Note $ $ Current Assets Cash assets and cash equivalents 13 8,397,935 4,038,190 Trade and other receivables 14 13,523,580 4,480,970 Inventories 15 277,550 273,468 Other Financial assets 16 311,678 36,146 22,510,743 8,828,774 Non-current Assets Property, plant and equipment 17(a) 441,663,317 443,097,660 MARYBOROUGH CITY Capital works in progress 18 3,544,270 3,675,086 Intangible assets 19 968,666 -

446,176,253 446,772,746 COUNCIL TOTAL ASSETS 468,686,996 455,601,520 Current Liabilities Trade and other payables 20 3,458,964 3,929,439 Borrowings 21 729,093 1,074,996 4,188,057 5,004,435 Non-current Liabilities Trade and other payables 20 3,537,227 3,318,460 Borrowings 21 22,453,041 14,278,055 25,990,268 17,596,515 TOTAL LIABILITIES 30,178,325 22,600,950

NET COMMUNITY ASSETS 438,508,671 433,000,570

Community Equity Restricted capital funds reserves 22 6,241,134 1,419,012 Asset revaluation reserve 23 260,402,668 260,067,678 Retained surplus 24 168,875,746 168,455,378 Other reserves 25 2,989,123 3,058,502

TOTAL COMMUNITY EQUITY 438,508,671 433,000,570

*These statements should be read in conjunction with the notes and Summary of Significant Accounting Policies

Page 25 MARYBOROUGH CITY COUNCIL Page 26 MARYBOROUGH CITY COUNCIL Page 27 Page MARYBOROUGH CITY COUNCIL Page 28 Bauple Museum Mural, Tiaro Tiaro Shire Council - 2004 to 2008

Left to right, standing: Cr Robyn Johnston, Mr Paul Newell (Manager Planning and Development), Mr Andrew Brien (CEO), Cr Shaun Kelly, Cr Ken Stratford, Cr Greg McElligott, Cr Shirley Willcocks.

Left to right, seated: Ms Trish Mathiesen, (Manager Corporate and Community Services), Cr Jim MacKellar, Cr Linda Harris (Mayor), Cr Myles Long (Deputy Mayor), Cr Darryl Stewart.

COUNCILLORS Cr Shirley Willcocks Mayor: Cr Linda Harris Cr Willcocks was Councillor for Division 3 with portfolio The Mayor had responsibility for the Shire Image Portfolio. responsibility for Customer Service. She was a member of She was a delegate to Wide Bay Burnett Regional the Gympie Regional Council Local Transition Committee. Organisation of Councils, the Regional Planning Advisory (LTC). Committee, and the Regional Alliance. Cr Harris was a member of the RADF Committee, Sport and Recreation Councillors’ Remuneration Committee, Australia Day Planning Committee and ex-officio Gross Allowances Super Total to all other committees. Linda Harris 26,741 3,009 29,750 Deputy Mayor: Cr Myles Long Robyn Johnston 8,148 4,414 1,137 13,699 Cr Long was Deputy Mayor and Councillor for Division 2 Shaun Kelly 6,462 4,168 1,137 11,767 with portfolio responsibility for Corporate Services. He was Myles Long 8,914 3,536 12,450 an observer at the Wide Bay Regional Planning Advisory Jim MacKellar 7,955 3,431 11,386 Committee, a member of the Maryborough and District Greg McElligott 6,462 3,290 1,137 10,889 Committee of the Ageing and Wide Bay Burnett Regional Darryl Stewart 8,246 3,677 1,137 13,060 Organisation of Councils. Ken Stratford 6,462 3,360 9,822 Shirley Willcocks 6,482 4,625 1,137 12,244 Cr Robyn Johnston Notes: Allowances paid for phone, office expenses and Cr Johnston was Councillor for Division 3 with portfolio vehicle. responsibility for Community Development. She was a member of the Gympie Regional Council Local Transition Committee (LTC) and Queensland Coastal Council Group. Schedule of Meeting Attendance Cr Shaun Kelly Ordinary Special Absent Cr Kelly was Councillor for Division 3 with portfolio Linda Harris 9 3 0 responsibility for Corporate Management. He was a member Robyn Johnston 9 2 1 of the Tiaro Sport and Recreation Committee. Shaun Kelly 7 2 3 COUNCIL Cr Jim MacKellar Myles Long 9 3 0 TIARO SHIRE Cr MacKellar was Councillor for Division 2 with portfolio Jim MacKellar 9 3 0 responsibility for Shire Development. He was a member of Greg McElligott 9 2 1 the Fraser Coast Regional Council Local Transition Committee Darryl Stewart 9 3 0 (LTC). Ken Stratford 9 2 1 Shirley Willcocks 9 3 0 Cr Greg McElligott Cr McElligott was Councillor for Division 1 with portfolio responsibility for Community Development. He was EXECUTIVE TEAM secretary of the Tiaro Shire Community Police Consultative Tiaro Shire Council’s Executive Management Team met Committee and a member of the Woocoo Bicentenniel regularly to coordinate the day to day management of the National Trail Committee. shire and to monitor the delivery of services and major Cr Darryl Stewart projects. The team consisted of: Cr Stewart was Councillor for Division 1 with portfolio responsibility for the Environment. He was Chair of the Joint Andrew Brien, Chief Executive Officer Tiaro - Woocoo Bicentenniel National Trail Committee and a Trish Mathiesen, Manager Corporate and Community member of the Tiaro Sport and Recreation Committee. Services Cr Ken Stratford Paul Newell, Manager Planning and Development Cr Stratford was Councillor for Division 2 with portfolio responsibility for Infrastructure Management. He was a member of the Maryborough Traffic Committee and the Maryborough and District Safety Watch Forum.

Page 30 TIARO SHIRE COUNCIL (Section 433) (Section 921) (Section 1071E) adopted an Equal Employment Employment Equal an adopted (Section 895) was imposed on all rateable imposed on all rateable was the was Council Shire Tiaro Opportunity and out strategies which set Plan, equal promote to actions be implemented to opportunity in the workplace and eliminate reportingDuringthe discrimination. periodCouncil staff training continued to actiontook in relation and development. MacKellarCr from of the a breach to subject relating of a complaint complaint The Councillors. of Conduct for Code Government’s under the Local resolved was Process. General Complaints was expenses Reimbursement of Councillor Remuneration as part of the Councillors’ covered Policy. Levy Fire A Rural Fire within the designated land within the Shire and Fire Brigade Districtsby Queensland as defined Services. such lands All Rescue Authority – Qld Fire this levyresult benefit from as a to deemed were No in the area. Brigade operating Fire of the Rural levy properties applied to was within the Shire, Brigade Districts. Fire falling outside the designated on the basis of a reasonable charged were Levies each fire by as recommended dollar amount, budget estimates. district, based on their forecast Tiaro Shire Council Council Shire Tiaro undertaken was Councillors by travel Nil overseas reporting duringCouncil the or staff on behalf of period. • • • • Register of Councillors’ Interests (Section Interests 247/8) of Councillors’ Register of Electoral GiftsRegister (Section Council of Delegations by ) 472 Register Laws of Local Register of Roads Register of RegulatoryRegister Fees CEO (Section of Delegations by Register 1132) 13) Law of Impounded (Local Register Animals • Code of conduct for Councillors of conduct for Code Act Section Government to 534(1)(n) of the Local Pursuant 1993: policyExpenses reimbursement Act Section Government to 534(1)(ea) of the Local Pursuant 1993: charge or Details of action which a special rate for made and levied was Act 1993: Section Government to 971 of the Local Pursuant Pursuant to Section 534 of the Local Government Act 1993 Section Government to 534 of the Local Pursuant inspection: and open to kept are Registers the following opportunity employment Equal (EEO) Act Section Government to of the Local 534(1) Pursuant 1993: travel Overseas Act Section Government to 24 (1)(a) of the Local Pursuant 1993: List of registers Page 31 Page $8,168 $7,621 $32,160 $134,586 Nil commercial business units. Nil commercial No competitive neutrality complaints were were neutrality complaints No competitive during the reporting period. received Nil delegates. shareholder No resolutions were made to invite EOIs before EOIs before invite made to were No resolutions during the reporting tenders period. inviting No changes to tenders were made after the tenders made after the tenders were tenders No changes to advertised. were No arrangements were entered into during the into entered were No arrangements reporting period. Tiaro Shire Council had control of 44.5ha of parks had control Council Shire Tiaro community clubs) (including 3.75 ha leased to is a reserveon land that under the Land Act 1994 the for land has no value This and 602km roads. of financial statements. Advertising Entertainment Hospitality and ServicesConsultant Groups Community to Grants Financial Statements and Auditor’s Certificate is and Auditor’s Statements Financial end of this report. the at attached • • • • • • • • Pursuant to Section 581(3) of the Local Government Act Section Government to 581(3) of the Local Pursuant 1993: Operations of a commercial business unit of a commercial Operations Pursuant to Section 847 of the Local Government Act 1993: Section Government to 847 of the Local Pursuant Competitive neutrality Competitive Shareholder delegates Shareholder Act 1993: Section Government to 643 of the Local Pursuant Short listing after calling for expressions of interest Short of interest listing after expressions calling for (EOI) Act Section Government to 489(1) of the Local Pursuant 1993: Changes to tenders to Changes Act Section Government to 488(2) of the Local Pursuant 1993: Joint localJoint authority arrangements Act 1993: Section Government to 59 of the Local Pursuant Controlled reserves and roads and roads reserves Controlled Act 1993: Section Government to 25 of the Local Pursuant Pursuant to Section 23(1)(b) of the Local Government Act Section Government to of the Local 23(1)(b) Pursuant 1993: Expenditure in relation to consultants, advertising, advertising, consultants, to in relation Expenditure to hospitalityentertainment, grants and organisations community Financial statements and auditor’s certificate and auditor’s statements Financial Act 1993: Section Government to 532 of the Local Pursuant Statutory Requirements Statutory TIARO SHIRE COUNCIL Tiaro Library Antigua Hall, BaupleHall, GundiahHall, Hall, BaupleBushFire Brigade, Rossendale Tennis Club. at ,Glenwood, hundred percent (100%)rate R203(Trustees: remissionQCWA appliedto HealthReserve for Fire Gootchie), Reserves Brigades A rate remission of50%was allowed ongeneral rates for BaupleQCWA, Tiaro QCWA and Theebine Lodge. Masonic One exemption from rating uponapplication. Eachapplication was considered onitsmerits. ExemptionsRate - 36(2)ofthe The classes oflandidentifiedGovernment insection Local Regulation 1994 were eligible for 2007 to 14March 2008. application. Eachapplication was considered onitsmerits. Total otherconcessions allowed was nilfor 1July theperiod Concessions situations ofextremefinancialhardshipOther -In Council remissions / consideredconcessions upon further CouncilNil remission paid. State Government subsidyof$145,681paidfor 1July2007to 14March theperiod 2008. This entitled pensionersto receive arate concession of20%,upto amaximumof$180.00from theState Government. c. b. a. Pensioners was Council’s -It to grant policy assistance by way ofremission ofrates to pensionersprovided they:- andConcessions Remissions Rate financial year. Total discount allowed was $304,410for 1July2007to 14March theperiod 2008. The discount was period 30days from thedate ofissuetherates notice. The discount rate was setat 10%for the2007/2008 with theexception ofthe Waste Levy, Management Rural Fire Levies, Excess Water andSeparate Charge Improvement. -Road Discount - To encourage theprompt payment ofrates andcharges adiscount was allowed onallrates andcharges levied, ofrateSummary rebates andconcessions Qld Treasury Corp Qld Treasury Corp Qld Treasury Corp Lender consideration ofinter-generational theprinciples equity. should belimited, to thoseareas for whichcangenerate themostpart, theirown revenue into theloans, taking to service Council’s onborrowing endorsedthefundamentalthat principle borrowing policy underlying for areas ofCouncil’s business their size andscope that were mostsuitablyfundedby borrowings. capital fundsincludinggrant resources, subsidyandreserve however itwas recognised that there were someprojects, dueto Tiaro Shire Council’s preferred long-term strategic onfinancinginfrastructure direction was to self-finance from accumulated summary Borrowing policy Council’s Borrowing Policy andPolicy onRebates andConcession. Pursuant 23(2)(a)oftheLocal to Government Section Finance mustcontain Standard detailsof 2005,theannualreport ofissuesrequiredParticulars by theLocal Government Finance Standards Made aclaimontheappropriateMade application form, for aninitialapplication. for whichtheremission ontheproperty wasResided claimed, and Held aPensioner Concession Card oraRepatriationHealthCard –for all conditions, and Theebine, Gundiah(Trustees: Fire Association, GunaldaHall, Kindergarten Board), GunaldaandDistrict Program Construction Road -Part 2 Program Construction Road -Part 1 Emergency Works -Bridges Purpose $1,350,000 $1,250,000 $200,000 Amount 20 yrs 20 yrs 10 yrs Borrowed Term 30th June2028 30th June2027 30th June2013 Final Payment TIARO SHIRE COUNCIL 7.9% 18.3% Planning & Corporate & Development $ 471,103 Community Services 20.6% Executive Tiaro Shire - Where the total expenditure goes expenditure total the Where - Shire Tiaro 53.3% Works The Income Statement for the period from 1st July 2007 to 2007 to 1st July period the from for IncomeStatement The of: a net result shows 2008 14th March $ 1,328,553. for services much too if it has a positive charging Is Council year? for the result operating revenue capital is due to result Some the operating of which contributions subsidies, of funding ie grants, (sources revenue general other projects)and capital on spent be must not completed. capital projects which are collected for the satisfy is vital to infrastructure capital of future Funding on and cannot be spent community, needs of the growing capital following The activities day of Council. to the day : result included in the operating are revenues the from and expenditure income capital eliminating After ordinaryare: result from operations result the operating final $ 857,450 of services a wide range the community to provided Council external and suppliers. contractors staff, using both its own Waste Water, Parks, (Roads, of Council focus ‘traditional’ The years in recent expanded has greatly Disposal) Waste Water, and environmental social, includes increased and now activities. development economic part income in the A large shown of the expenditure records Depreciation is made up of depreciation. statement As Council. by of assets owned the annual consumption is also an it of consumption, their rate representing as well on an annual of money required of the amount indicator of assets. replacement the future basis for on an annual revenue sufficient does not raise If Council may Council in the long term fund depreciation, basis to leading to in the future, not be able fund asset replacement base and the services of its asset a deterioration they that provide. Page 33 Page 0% 5% Other Interest 32% Subsidies & Grants 3% 56% Tiaro Shire - Where $ come the from revenue Rates Recoverable Recoverable Works 4% Fees & Charges The Community Financial Report is intended to provide Report provide to Financial intended is Community The the financial understanding of with a better readers reportThis performanceCouncil. position of and financial in contained information complex the oftensimplifies in prepared are which financial statements the annual making with legislation, understand to it easier accordance financial position. Council’s pertaining information financial reportto This provides 14 the 1 July 2007 to from Council Shire Tiaro the former for each of these statements 2008. A set of financial March report. in this Annual is presented abolished Councils Shire Woocoo Maryborough City Hervey and The City, Bay amalgamated were Shire Tiaro with part together Councils of on the 15th March Council Regional Coast the Fraser form to Legislation. Government with State 2008 in accordance was Council Shire Tiaro section remaining of the The with the Kilkivan Councils amalgamated Shire Cooloola and Council. the Gympie Regional form to Council Shire Tiaro for the financial statements separate The (TSC)for the period 1 July 2007 result outline the financial had controlled 2008. Neither of these Councils March 14 to this period. for entities STATEMENT INCOME performed Council how shows during the statement This year. financial in - Expenses out = Result for the Year. Revenue and includes ordinary Income revenues Statement The activities and operating and capital income from expenses is money and expenditure income Capital expenditure. such items on assets and infrastructure or spent received and sewerage water walls, coastal drains, roads, as parks, and equipment. buildings and plant land, infrastructure, subsidies grants, from is usually sourced income Capital expenditures Operating contributions. and developers’ the of operations day to run the day to required those are materials, costs, maintenance such as wages, organisation, costs. and finance depreciation Community Financial Report - Tiaro Tiaro Report Financial - Community TIARO SHIRE COUNCIL Petrie Park, Tiaro operational Statement. expense ontheIncome Interest costs of associated withthoseloans form part Repayments reduce loanliabilitiesonthebalance sheet. previously taken outto fundcapitalexpenditure. Loan redemption ispaying onloans backtheprincipal Loan Principal Redemption period) the finalised during reporting commenced includesprojects inprevious years and (This Contributed Assets Land andCapital Assets Total amounted Capital theperiod spendingduring to: infrastructure) Capital Expenditure (investment incommunity sheet). withinthebalance equity ofcommunity shown aspart revaluations are reflected intheasset revaluation reserve be valued at fairvalue inthefinancialstatements –asset (accountingof construction standards require assetsto growth area cost andtherising withinthelocalauthority is reflective ofthelevel ofcapitalinvestment by council, The increase innetassetsshown onthebalance sheet parklands. roads, drainage, water andwaste water infrastructure and assets builtby developers. These includesuchthingsas ownership andresponsibility for replacement ofcommunity contributions by developers. Council eventually takes infrastructure isacquired through council investment and are thegrowing provided to population. support New in recent years asnewinfrastructure andotherassets The value assetshasincreased ofcommunity rapidly (equity). what itowed others(liabilities)andthenetcommunity wealth The Balance Sheetshows whatthecommunity owned (assets), SHEET BALANCE Community - Financial Report Tiaro $ 68,942 $ 87,477 $1,157,811 Cash onhandasat 14thMarch 2008was -$7,297,830. general approved capitalprojects inthebudgetprocess. previously approved, andunspent depreciation cashfor term operating expenses, forshort reserves specificprojects capitaltoCash meetthe onhandismadeupofworking Cash Position Growth inCommunity wealth (%) ($) Increase inCommunity Equity period. thereporting during equity community The financialstatements show the following increases in assetsorthewealthcommunity oftheCity. representsCommunity equity thenetvalue oftotal Community Equity since 30June2007 Increase/(Decrease) inloansoutstanding Loan repayments theperiod during New loansdrawn down theperiod during Loans at Outstanding 14March 2008 At theendoffinancial year loansoutstanding were: Debt 8% $61,567,715 $1,281,058 $ 68,942 $1,350,000 $2,680,018 TIARO SHIRE COUNCIL Income Statement for the period ended 14 March 2008 2008 2007 Actual Actual Note $ $ Income Revenue Recurrent Revenue Net rate and utility charges 3 4,114,773 3,959,028 Fees and charges 3 323,963 357,025 Interest received 3 375,940 332,070 Sales - Contract and recoverable works 3 188,618 726,893 Other recurrent income 18,944 24,034 Grants, subsidies, contributions and donations 4 1,839,985 1,759,419 Total recurrent revenue 6,862,223 7,158,469

Capital Revenue Grants, subsidies, contributions and donations 4 471,103 990,266 Total Capital Revenue 471,103 990,266 Total revenue 7,333,326 8,148,735 Gain/(loss) on disposal of non-current assets 5 (126,069) (128,449)

Total income 7,207,257 8,020,286 Expenses Recurrent Expenses Employee benefits 6 (2,333,629) (2,759,598) Materials and services 7 (2,228,027) (1,703,255) Finance Costs 8 (116,990) (40,984) Depreciation and amortisation 9 (1,200,058) (2,065,375)

Total recurrent expenses (5,878,704) (6,569,212) SHIRE TIARO COUNCIL

Capital Expenses Revaluation decrements 0 0 Total capital expenses 0 0 Total expenses (5,878,704) (6,569,212)

Net Result Attributable to Council 1,328,553 1,451,074 *These statements should be read in conjunction with the notes and Summary of Significant Accounting Policies

Page 35 TIARO SHIRE COUNCIL Balance Sheet as at 14 March 2008 2008 2007 Actual Actual Note $ $ Current Assets Cash and cash equivalents 10 7,297,830 4,416,954 Trade and other receivables 11 538,659 1,004,793 Inventories 12 185,623 197,090 Other Financial assets 13 168,461 88,963 8,190,573 5,707,800 Non-current Assets classified as held for sale 0 0 Total Current Assets 2 8,190,573 5,707,800 Non-current Assets Property, plant and equipment 14 56,281,127 53,299,071 Capital works in progress 15 803,410 553,873 Total Non-current Assets 2 57,084,537 53,852,944 TOTAL ASSETS 65,275,110 59,560,744

Current Liabilities Trade and other payables 16 496,108 696,019 Borrowings 17 109,860 70,132 Total Current Liabilities 605,968 766,151 Non-current Liabilities Trade and other payables 16 531,269 499,270 Borrowings 17 2,570,158 1,328,828 Total Non-current Liabilities 3,101,427 1,828,098 TOTAL LIABILITIES 3,707,395 2,594,249

NET COMMUNITY ASSETS 61,567,715 56,966,495

Community Equity Asset revaluation reserve 19 12,897,404 9,624,737 COUNCIL

TIARO SHIRE Retained surplus/(deficiency) 20 47,696,770 46,440,639 Other reserves 21 973,541 901,119 TOTAL COMMUNITY EQUITY 61,567,715 56,966,495 *These statements should be read in conjunction with the notes and Summary of Significant Accounting Policies Tinnanbar, Tiaro TIARO SHIRE COUNCIL Page 37 Page TIARO SHIRE COUNCIL Page 38 TIARO SHIRE COUNCIL Page 39 Page Cenotaph, Woocoo WOOCOO SHIRE COUNCIL 0 0 0 0 0 0 0 23,480 14,534 8,821 10,693 5,694 8,050 8,489 Rob Moller Works of Director Phone Total Total Phone 517 502 502 501 501 502 Absent Special 5 5 5 5 5 5 5 Back Left to right: to Back Left Cr James Proctor. David Gilchrist, Cr Hansen, Cr Ted left right: to Front Cr Iain Lewis (Deputy Mayor), Cr Gloria Banting (Mayor), Cr Debbie Hawes, Cr Theo Doorn. Van 3,566 1,458 501 536 335 378 650 8 8 8 8 8 8 8 Allowance Allowance Allowance Allowance Ordinary Gross Travel Travel Gross Darren Foster Foster Darren Officer A/Chief Executive Councillors’ Remuneration Councillors’ Gloria 22,963 Banting 10,466 Iain Lewis James Hansen 6,862 9,655 Debbie Hawes Gilchrist 4,858 Ted 7,171 Proctor David Doorn 7,337 Van Theo applies. superannuation No Council-paid Notes: Schedule of Meeting Attendance Gloria Banting Iain Lewis James Hansen Debbie Hawes Gilchrist Ted Proctor David Doorn Van Theo TEAM EXECUTIVE met Team Management Executive Council’s Shire Woocoo of the management day to the day coordinate to regularly the delivery monitor and to of servicesshire and major of: consisted team The projects. Page 41 Page Woocoo Shire Council - 2004 to 2008 to 2004 - Council Shire Woocoo COUNCILLORS Gloria Banting Cr Mayor: and Chairperson of the Planning was Banting Cr and Development Planning Committee, Development all other Council and attended Committee Research meetings and committees. Iain Lewis Cr Deputy Mayor: Committee, Works Chairperson was of the Lewis Cr and Committee and Quality Assurance Personnel the Planning He also attended Committee. Environment and and Roadworks Committee Research and Development Machinery Committee. Hansen James Cr Heritage and Events the Cultural, Hansen attended Cr and Machinery Roadworks Committee, Committee, and Safety and Environment Committee Environment Committee. Debbie Hawes Cr Heritage and Chairperson Cultural, was of the Hawes Cr and the Personnel She also attended Committee. Events and Committee Environment Committee, Quality Assurance Committee. and Safety Environment Proctor David Cr Research Development and Planning the attended Proctor Cr Committee and Quality Assurance Personnel Committee, Committee. and Environment Doorn Van Theo Cr Doorn and Chairperson was of the Planning Van Cr and and Roadworks Committee Research Development Machinery Committee. and Development the Planning attended Councillors All Meetings. Committee Works and Committee Gilchrist Ted Cr Heritage and Events the Cultural, GilchristCr attended Committee. WOOCOO SHIRE COUNCIL Mt Joseph MemorialBridge Mt Joseph Statutory Requirements Pursuant 643of theLocal to Government Section 1993: Act Shareholder delegates 1993: Pursuant 489(1)oftheLocal to Government Section Act (EOI) for calling expressions listingafter ofinterestShort 1993: Pursuant 488(2)oftheLocal to Government Section Act Changes to tenders Pursuant 59oftheLocal to Government Section 1993: Act arrangements authority Joint local Pursuant 25oftheLocal to Government Section 1993: Act Controlled reserves androads 1993: Pursuant 23(1)(b) oftheLocal to Government Section Act community organisations andgrantsentertainment, hospitality to Expenditure inrelation to consultants, advertising, Pursuant 532oftheLocal to Government Section 1993: Act Financial statements andauditor’s certificate • • • • • • Nil shareholderNil delegates. inviting period. tenders thereporting during No resolutions were madeto invite EOIsbefore were advertised. No changesto tenders were the tenders madeafter period. reporting No arrangements were entered into the during This landhasnovalue for thefinancialstatements. Department. Roads maintained onbehalfofMain ofroad was 160km ofroads.and 503km Afurther 1994 landundertheLandAct 59ha ofreserve Woocoo Shire Council had control of approximately Grants to Community Groups Consultant Services andHospitality Entertainment Advertising attached at theendofthisreport. Financial Statements andAuditor’s is Certificate $0.00 $48,304 $2,899 $2,859 Page 42 1993: Pursuant 534(1)oftheLocal to Government Section Act (EEO)Equal employment opportunity the following Registers are keptandopento inspection: Pursuant 534oftheLocal to Government Section 1993 Act List ofregisters 1993: Pursuant 581(3)oftheLocal to Government Section Act Operations ofacommercial businessunit Pursuant 847oftheLocal to Government Section 1993: Act Competitive neutrality Pursuant 971oftheLocal to Government Section 1993: Act made andlevied for rate whicha special Details ofaction orcharge was 1993: Pursuant 534(1)(ea)oftheLocal to Government Section Act reimbursementExpenses policy 1993: Pursuant 534(1)(n)oftheLocal to Government Section Act Code for ofconduct Councillors 1993: Pursuant 24(1)(a)oftheLocal to Government Section Act Overseas travel Register of Town Planning Consent Register ofBuildingandDevelopment Approvals 1132) Register ofDelegationsby CEO(Section FeesRegister ofRegulatory Register ofRoads Register ofLocal Laws Register 472) ofDelegationsby Council (Section Register ofCouncillors’ 247/8) Interests (Section • • • • • • • the management andoperation ofCouncil. throughout principles employment opportunity detailing Council’s intention to integrate equal education. Also includedwas Plan aManagement employment protection, monitoring, training and counselling, responsibilities, managerial the role oftrade unions, officer, EEOcontact discrimination,employeeindirect responsibilities, statement and dealingwith issuessuchasdirect on 4June, 1997. includedapolicy The policy Policy was adopted by CouncilOpportunity Woocoo Shire Council’s commercialNil businessunits. received. No competitive complaints neutrality were Nil specialratesNil or charges were levied. covered intheCouncillors’ Remuneration Policy. Reimbursement ofCouncillor expenses was forof Conduct Councillors. complaintsNil were received relating to theCode period. or staffonbehalfof the Council during reporting overseasNil travel by Councillors was undertaken (Section 895) (Section Equal Employment (Section 1071E) (Section 921) (Section WOOCOO SHIRE COUNCIL Page 43 Page Particulars of issues required by the Local Governent Finance Standards Finance Governent the Local by Particulars of issues required 2005, the annual report details of Standard must contain Finance Section Government to Local 23(2)(a) of the Pursuant and Concession. Rebates on and Policy Policy Borrowing Council’s policyBorrowing summary both the public sector from lenders by several financed $1,660,652 debt was Council’s Shire Woocoo 1988 31 December At taken loans were On 1 January varying terms 30 years. 1989 all of Council’s 6 to sector from with repayment and the private years. eight over one loan repayable into and rationalised Corporation Treasury the Queensland by over The 1996. 31st December, by all debt repay with the goal to sharply but deliberately rose annual debt repayments Council’s in the was galvanised but the aim an official policy Council, into of the not formalised was this date by be debt free aim to and Senior Officersminds of Councillors as a policy target. when a final 1996 17 September, Tuesday on was achieved 1996 by 31 December, off all borrowings pay goal to Council The Policy:Official at Oakhurst Room at the CRS Smith Board Treasury Gardens. a Queensland to handed over was payment new borrowings; into will not enter Council that is, that debt free; remain to 1. Council Road Construction if $400,000) for ($300,000 to a modest loan raising consider would Council that however 2. Provided and inherent workforce Council’s for of work continuity purposes ensure safety or critical to road actionthat critical was for viability and fleet operations. of its plant to the 2009/2010 would apply through NIL borrowings that Budget reflected and Adopted Plan Corporate 3. Council’s year. financial Schedule is not relevant. and Repayment Purpose a Loan Program of the NIL Borrowing a consequence 4. As and concessions rebates Summary of rate Act Government with the Local in accordance and charges of rates payment prompt for discount allowed - Council Discount and concessions rebates utility after any charges and current rates general on current allowed of 15% was 1993. Discount on the shown the due date paid in full by was notice on the rates as shown owing the amount that deducted provided were 2008. the period 14 March 1 July 2007 to $211,537 for was allowed discount Total notice. rate pensioners; to remission rate was Council by allowed principal remission The - Pensioners Rate Remissions and Concessions: pensioners. for subsidy on rates Government the State also acted for as an agent Council (excluding and charges of 15% of rates a remission allowed rates pensioners’ policy to in relation Remission - Council’s Council paid within the were rates the that per annum, provided Management with a maximum of $180.00 Levy), Waste the of full Social in receipt tenants life or resident owner-residents only applied to concession The period. discount prescribed on a property July 1st each at in the Shire owner-residents they were provided Pensions, Widow War ServiceTPI, or Security, a property Where was jointly Permit had been issued. Council Building for which a residence year in an approved financial share. ownership in proportion the pensioner’s to allowed was remission owned, to allowed was and charges rates pensioners’ Subsidy of 20% of approved Government State The Subsidy - Government State Card Entitlement Treatment Personal Card, Health Benefit holders of a Pensioner those who were a maximum of $180.00 to owners of the property of were was their principal which place and who (red) Card or a Service Benefits (yellow) Pensioner of the beginning before cards and the holders of the above the Shire within be owner-residents had to Applicants residence. in a property allowed pensioners and non-eligible the subsidy was by Where persons, owned was 1st July. ie. year, the rating share. ownership proportion the pensioner’s to of a property tenants their principal life which was those who were to allowed Subsidy was Government The - Tenants Life be Court had to also there Order; Court Supreme Family or or by Will by tenancy be created had to life The of residence. place on the property. and charges rates pay to of the obligation tenant the life relieve which would Will in the no provision Council each year. application submit a fresh to not required were with Council registered - Pensioners Forms Application However, Status. Pensioner verify current to Affairs Veterans and the Department of Centrelink with records matched change of pension of change of address, way by h Community Financial Report - Woocoo The Community Financial Report is intended to provide INCOME STATEMENT readers with a better understanding of the financial This statement shows how Council performed during the performance and financial position of Council. This report financial year. simplifies the often complex information contained in the annual financial statements which are prepared in Revenue in - Expenses out = Result for the Year. accordance with legislation, making it easier to understand The Income Statement includes ordinary revenues and Council’s financial position. expenses from operating activities and capital income and This report provides financial information pertaining to the expenditure. Capital income and expenditure is money former Woocoo Shire Council from the 1 July 2007 to 14 received or spent on assets and infrastructure items such March 2008. A set of financial statements for each of these as parks, roads, drains, coastal walls, water and sewerage abolished Councils is presented in this Annual report. infrastructure, land, buildings and plant and equipment. Capital income is usually sourced from grants, subsidies The Hervey Bay City, Maryborough City and Woocoo Shire and developers’ contributions. Operating expenditures Councils together with part of Tiaro Shire were amalgamated are those required to run the day to day operations of the to form the Fraser Coast Regional Council on the 15th March organisation, such as wages, maintenance costs, materials, 2008 in accordance with State Government Legislation. depreciation and finance costs. The remaining section of the Tiaro Shire Council was amalgamated with the Kilkivan and Cooloola Shire Councils The Income Statement for the period from 1 July 2007 to to form the Gympie Regional Council. 14 March 2008 shows a net result of: $559,740. The separate financial statements for the Woocoo Shire Council (WSC) outline the financial result for the period 1 July 2007 to 14 March 2008. Neither of these Councils had controlled entities for this period.

Woocoo Shire - Where the revenue $ come from

Subsidies & Grants 35%

Other Recoverable Works 2% 15%

Interest 2%

Rates Fees & Charges 30% 16%

Is Council charging too much for services if it has a positive The ‘traditional’ focus of Council (Roads, Parks, Water, Waste operating result for the year? Water, Waste Disposal) has greatly expanded in recent years and now includes increased social, environmental & Some of the operating result is due to capital revenue economic development activities. (sources of funding ie grants, subsidies, contributions which must be spent on capital projects) and other general revenue A large part of the expenditure shown in the income collected for capital projects which are not completed. statement is made up of depreciation. Depreciation records Funding of future capital infrastructure is vital to satisfy the the annual consumption of assets owned by Council. As needs of the growing community, and cannot be spent on well as representing their rate of consumption, it is also an the day to day activities of Council. The following capital indicator of the amount of money required on an annual revenues are included in the operating result: $ 736,966. basis for the future replacement of assets.

COUNCIL After eliminating capital income & expenditure from the If Council does not raise sufficient revenue on an annual final result the operating result from ordinary operations are: basis to fund depreciation, in the long term Council may WOOCOO SHIRE $(177,226) not be able fund asset replacement in the future, leading to Council provides a wide range of services to the community a deterioration of its asset base and the services that they using both its own staff, external contractors & suppliers. provide.

Page 44 WOOCOO SHIRE COUNCIL $1,642,342 nil 0.5% 48.9% $103,523,224 Services Corporate & Organisational 3.4% Building & Development Town Planning, Capital Expenditure (investment in community (investment Expenditure Capital infrastructure) to: spending during the period Capital amounted Total Assets Land and Capital Assets Contributed (This and years in previous includes projects commenced reportingfinalised during the period) Debt Council had no Shire Woocoo year the end of the financial At outstanding loans. EquityCommunity of total the net value equityCommunity represents of the City. community assets or the wealth in increases following the show financial statements The community equity during the reporting period. EquityIncrease in Community ($) (%) wealth in Community Growth Position Cash of working on hand is made up meet the Cash to capital specific projects reservesshort for expenses, operating term cash for depreciation and unspent approved, previously in the budget process. capital projects approved general $2,170,000. 2008 was 14th March on hand as at Cash Page 45 Page 7.1% Safety Community Financial Report - Woocoo Report Financial - Community Environment Health & Woocoo Shire - Where the total expenditure goes 4.5% Culture Recreation Sport & 36.1% Works & Engineering BALANCE SHEET (assets), owned what the community shows Sheet Balance The wealth community (liabilities) and the net others what it owed (equity). rapidly of communityincreased assets has value The and other assets as new infrastructure years in recent New support population. to provided the growing are and investment council through is acquired infrastructure takes eventually Council developers. by contributions of community replacement for and responsibility ownership include such things as These developers. assets built by and infrastructure water and waste water drainage, roads, parklands. sheet is on the balance in net assets shown increase The Council, by of capital investment of the level reflective the local authority within and the rising cost area growth assets to require standards of construction (accounting – asset in the financial statements fair value at be valued reserve revaluation in the asset reflected are revaluations as partshown of community equity within the balance sheet). WOOCOO SHIRE COUNCIL

Income Statement for the period ended 14 March 2008 8.5 months 12 months 14 March 08 30 June 07 Actual Actual Note $ $

Income Revenue Recurrent Revenue Net rate and utility charges 3 1,387,770 1,252,267 Fees and charges 3 770,682 901,894 Interest received 3 116,206 119,033 Sales - contract and recoverable works 3 712,132 784,510 Other recurrent income 3 99,920 13,740 Grants, subsidies, contributions and donations 4 849,531 1,130,345 Total recurrent revenue 3,936,241 4,201,789

Capital Revenue Grants, subsidies, contributions and donations 4 736,966 1,050,687 736,966 1,050,687 Total revenue 4,673,207 5,252,476

Gain/(Loss) on disposal of non current assets 5 (8,973) (160,899)

Total Income 4,664,234 5,091,577

Expenses Employee benefits 6 (1,157,922) (1,403,124) Materials and services 7 (1,843,503) (2,313,299) Finance Costs 8 (2,810) (4,356) Depreciation and amortisation 9 (1,100,259) (1,428,037)

Total Expenses (4,104,494) (5,148,816)

Net Result Attributable to Council 559,740 (57,239)

*These statements should be read in conjunction with the notes and Summary of Significant Accounting Policies COUNCIL WOOCOO SHIRE

Mt Joseph Memorial Bridge WOOCOO SHIRE COUNCIL

12 months 30 June 07 Actual $ 2,213,440 162,838 55,062 23,650 2,454,990 101,169,152 114,516 101,283,668 103,738,658 739,026 739,026 36,148 36,148 775,174 102,963,484 71,892,082 30,361,389 710,013 8.5 months 08 14 March Actual 2,170,000 738,359 78,531 51,826 3,038,716 362,362 573,550 573,550 76,031 76,031 649,581 71,892,082 30,815,406 900,736 $ 100,771,727 101,134,089 104,172,805 103,523,224 103,608,224 102,963,484 Note 10 11 12 13 14 15 16 16 17 18 19 Page 47 Page

and cash equivalents Cash and other receivables Trade Inventories assets Other Financial Assets Current Total and equipment plant Property, in progress works Capital Non-current Assets Total other payables and Trade Liabilities Current Total other payables and Trade Non-current Liabilities Total reserve revaluation Asset Retained surplus/(deficiency) Other reserves *These statements should be read in conjunction with the notes and Summary of Significant Accounting Policies Accounting and Summary with the notes in conjunction should be read statements *These of Significant ASSETS Assets Current Assets Non-current ASSETS TOTAL LIABILITIES Liabilities Current Liabilities Non-current LIABILITIES TOTAL ASSETS NET COMMUNITY Equity Community EQUITY COMMUNITY TOTAL WOOCOO SHIRE COUNCIL COUNCIL SHIRE WOOCOO Sheet Balance 2008 March 14 as at WOOCOO SHIRE COUNCIL Page 48 WOOCOO SHIRE COUNCIL Page 49 Page Page 50 Esplanade, Hervey Bay Fraser Coast Regional Council PO Box 1943 HERVEY BAY Q 4655

Phone: 1800 881 400 (Freecall) Email: [email protected] Web: www.frasercoast.qld.gov.au