Late Items Agenda of Ordinary Council Meeting

CITY OF WANNEROO Late Items Agenda OF Ordinary Council Meeting 24 February, 2026 1

CS07-02/26 **Mid Year Review of Council Plan 2025/26 - 2028/29 and Annual Budget 2025/26

File Ref: 52320 – 26/8555

Responsible Officer: Acting Director Corporate Strategy & Performance

Attachments: 7

Changes to Report and Additional Information Arising from Agenda Briefing

1. The symbols used for the Mid‑Year Review variance explanations have been replaced with written descriptors.

2. The below information has been updated in the “Detail” section of the report under the sub-heading Operating Activities – proposed decrease $12.4M, section 7. Materials and Contracts proposed increase $3.5M. Dot points under paragraph 7 now reads:

The City’s $50,000 2026 contribution to YouthCARE will fund:

· two schools increase from two to three days chaplaincy services

· one school increase from two to two and a half days chaplaincy services

· three school chaplains will be trained in GRIT (Growth, Resilience, Integrity and Traction) (each chaplain works across two schools)

· two school chaplains will be trained Seasons for Growth (Grief and Loss).

3. Typographical error correction is required in explanation to note 17 to change the proposed decrease from $39.7M to $32.4M.

4. The following additional content is provided with respect to Quinns Rocks Sports Club’s toilet/bathroom facilities.

Administration understands that a tender award from the Quinns Rocks Sports Club is imminent, noting also that the Club’s preference for works had been late 2025/26 at the earliest. This means that the City’s intention for the proposed funding to be requested as part of the draft FY2026/27 Capital Works Budget is not a major change for the Club.

From discussions between the Club and City staff, Administration understands that the Club is supportive of the proposed funding approach and timing. The 2026/27 Budget timing will allow the final funding amount from the City to be confirmed and for supporting documentation with the Club (under the City’s user funded facility upgrade processes) to be prepared.

Issue

To consider the Mid-Year Review (MYR) of the Part B of the Council Plan (CP) 2025 - 2035 and the Annual Budget 2025/26 (Annual Budget).

Background

Regulation 33A of the Local Government (Financial Management) Regulations 1996 requires a local government to carry out a review of its Annual Budget for that year, between
1 January and end of February in each financial year. The review of an annual budget for a financial year must be submitted to Council on or before 31 March in that financial year, for consideration.

The Revised Budgets resulting from the MYR are detailed in (Attachments 1 to 7) and are inclusive of endorsed amendments from Council up to December 2025 and the MYR recommendations.

Detail

Part B of the Council Plan 2025-35

The Part B of the CP 2025 - 2035 was reviewed in conjunction with the legislated Mid-Year Budget Review, and it was considered that no changes were required. Any changes to project delivery are captured in the regular quarterly reports. The quarter 2 report will go to Council in due course.

Annual Budget 2025/26 Mid-Year Review

The MYR of the Annual Budget was undertaken for the period up to 31 December 2025. Commentaries on Revised Budgets, as a result of the MYR, are provided below.

Statement of Financial Activity (Attachment 1)

The Statement of Financial Activity (SOFA) represents a composite view of the finances of the City. It is based on the movement of Operating Activities, Investing Activities and Financing Activities, providing an indication of the required Rating Income from General Rates.

The SOFA is prepared based on end of December 2025 Financial Activity Statement report figures, which captures budget variations approved by Council via each monthly Financial Activity Statements from July to December 2025. Furthermore, all adjustments proposed as part of the MYR are identified, alongside the resulting Post MYR position.

The overall operating adjustments captured through the MYR reflect $12.4M net adverse impact to Operating Activities, after eliminating non-cash adjustment of $0.4M. Of the $12.4M net operating MYR adjustment, $5.8M is a proposed decrease to the Operating Revenue and $7.0M is a net increase to the Operating Expenditure.

Furthermore, the budgeted 2025/26 closing balance inclusive of the MYR adjustments now presents a $4.9M deficit position, which is a $4.0M increase from $840K revised deficit budget position.

Operating Activities - $12.4M net negative adjustment

1. Rates – proposed decrease $53K

The decrease in Rates income is due to slightly lower forecast actual income from Residential Improved General Rates compared to budgeted income.

2. Operating Grants, Subsidies & Contributions – proposed increase $208K

Increase in Operating Grants is mainly due to:

· $380K increase due to additional Grants from Lotterywest for the Dordaak Kepup library;

· $208K increase due to successful Coastal Adaptation and Protection (CAP) Grants for beach renourishment and for nearshore assessment consultancy study;

· $74K increase for Coastal Surveys as per signed Deed of Agreements. Increase was required due to lack of 25/26 CAP Grant;

· $55K increase due to new grant from the Western Australian Police (WAPOL) for Engaging youth in Banksia Grove; and

· $40K increase due to election commitments on Two Rocks Bush Fire Brigade and State Emergency Services minor equipment purchase.

Offset by:

· A reduction of Financial Assistance Grants of $506K from the final Grants Commission announcement; and

· $88K reduction due to unsuccessful CAP Grant for Coastal Surveys.

3. Fees & Charges – proposed decrease $1.7M

The forecast decrease in Fees & Charges is mainly due to:

· Decrease in forecast Waste Fee income of $1.5M mainly due to lower than budgeted growth in rateable properties;

· Decrease in Engineering Supervision Fee Income of $450K; and

· Decrease in Animal Registration Fee income of $45K;

Offset by:

· Increase in Parking Fines of $130K;

· Increase in User Entry Fees of $73K;

· Increase in Land Development Assessment Fees of $20K; and

· Increase in Community Facility Bookings of $27K.

4. Interest Earnings – proposed decrease $4.5M

The proposed decrease in Interest Earnings is mainly due to corrections in budget assumptions in relation to forecast investment portfolio and interest rates.

5. Other Revenue – proposed increase $194K

The proposed increase in Other Revenue is mainly due to:

· Forecast increase revenue from reimbursement income from leased facilities of $170K; and

· Increase in Sale of Product Income of $16K.

6. Employee Costs – proposed increase $3.0M

The overall Employee Costs is proposed to increase by $3M to meet higher demand. The changes were made to the following main categories:

· Increase in Salaries and Wages by $2.2M due to fewer than budgeted vacancies; and

· Increase in Temporary Personnel by $940K to cover part of remaining vacancies due to higher demand of services.

Offset by:

· Increase in cost recoveries to capital projects by $461K.

Of the $3M proposed net increase in Employee Costs, $433K is related for Waste Services to be transferred from the Waste management Reserve.

7. Materials & Contracts – proposed increase 3.5M

The full year Materials & Contracts budget proposed upward revision is mainly due to:

· Increase in Refuse Removal Expenses by $878K;

· Increase in Consultancy Fees by $630K;

· Allocation of $426K for Bulk Verge Pickup Refund Expenses, which was not budgeted at the time of budget adoption due to unpredictability of refund requests;

· Increase in General Material Expenses by $413K

· Increase Maintenance Expenses by $325K;

· Increase in Legal Fee Expenses by $300K;

· Increase in Other Contract Expenses of $173K;

· Decrease in Plant Cost Recoveries of $140K;

· Increase in Internet Service Expenses by $67K;

· Increase in Crossover Reimbursement Expenses by $60K; and

· Allocation of $68K for the Mayor’s and Council Members’ Superannuation Expenses.

Offset by:

· Decrease in Mobile Phone Expenses by $113K;

· Decrease in Tyre Expenses by $100K; and

· Decrease in Audit Fees by $65K.

Of the $3.5M proposed net increase in Material and Contracts Expenses, $960K is related for Waste Services to be transferred from the Waste management Reserve.

The overall increase in Materials and Contracts includes $50,000 new budget to establish a two-year funding agreement with YouthCARE for the 2026 school year, and a further $50,000 will be included in the 2026/27 Annual Budget for the 2027 school year.

The City’s $50,000 annual contribution to YouthCARE will fund:

· 2 schools increase from 1.5 to 2 days chaplaincy services;

· 2 schools increase from 2 to 2.5 days chaplaincy services ;

· 3 schools receive GRIT (Growth, Resilience, Integrity and Traction) training (including additional staff member); and

· 1 school receives Seasons for Growth (Grief and Loss) training.

Subject to Council’s approval of the Mid-Year Review, to ensure accountability and measurable impact, the City will establish a two-year funding agreement with YouthCARE that includes clearly defined outcome measures, such as the number of students supported, program participation rates, and indicators of wellbeing improvement. The agreement would support YouthCARE to select and prioritise schools within the City with the most need and will include reporting to monitor progress and inform future decisions.

8. Utility Charges – proposed decrease $55K

Decrease in forecast budget in Utility Charges is primarily a result of expected lower expense in Electricity of $111K, Water of $12K offset by higher Gas expense of $68K.

9. Depreciation – proposed increase $395K

Depreciation expenses forecast to be higher by $395K based on year-to-date actual expenses across multiple asset classes.

Being Depreciation is a non-cash item, there is no impact to the closing funding position of the Financial Activity Statement.

10. Insurance – proposed increase $89K

Insurance expense requires an upward revision of $89K as the actual invoiced amount is marginally higher than the forecast at budget adoption.

11. Non-Cash Amounts Excluded – proposed increase $395K

The increase Depreciation expense of $395K has been classified under Non-Cash Amounts Excluded in calculating amount attributable to Operating Activities.

Investing Activities - $10.9M net positive adjustment

12. Grants, Subsidies & Contributions (Non-Operating) – proposed decrease $3.1M

The decrease in Grants, Subsidies & Contributions is due to the net of:

· Re-budgeted Capital Works funded from Grants of $3.4M (Attachment 5);

· Additional Grant funding of $2.0m (Attachment 4); and

· Proposed savings from Grant funded Capital Works of $1.6M (Attachment 3).

13. Contributed Physical Assets – proposed decrease $37M

The City has no control over the timing of Developers’ asset construction and handover nor the size of their subdivision stages. The City received a lower-than-expected handover of assets to the end of December 2025. The revised forecast suggests the total Contributed Assets for the year to be reduced to $93M. It is noted that there will be no impact to bottom line due to being a non-cash item.

14. Development Contribution Plan (DCP) - Revenues – proposed increase $3.1M

Significant entries contributing toward the net adjustment are listed below:

Increase of:

· $3.2M in Yanchep Two Rocks Coastal Corridor Community Facilities;

· $1.0M in East Wanneroo Development Area - Cell 4;

· $226K in East Wanneroo Development Area - Cell 9;

· $197K in East Wanneroo Development Area - Cell 7; and

· $1657K in East Wanneroo Development Area - Cell 6.

Offset by decreases of:

· $1.8M East Wanneroo Cell 2.

15. Purchase of Property, Plant & Equipment – proposed decrease $3.4M

Purchase & Construction of Infrastructure Assets – proposed decrease $10.6M

The review of Capital Works Program has produced various adjustments to the capital projects as detailed in (Attachment 2). These adjustments have resulted in a post MYR Capital Works Program budget of $131.4M which is a $14M or 10% reduction, compared to the annual Revised Budget of $145.4M.

With particular attention paid to the timing of the spending on large projects, in FY2025/26, there have been a number of projects relinquishing funds, amounting to $5.2M
(Attachment 3), 63 projects requiring additional funding of $12.5M (Attachment 4) and $21.3M has been earmarked to be re-budgeted into future years (Attachment 5).

Whilst there are Municipal Fund savings of $2.9M, there are additional Municipal Fund requirements of $1.5M, resulting an overall surplus of $1.4M in Municipal Funds. In addition, $7.1M worth of Municipal Funded Capital Projects will be re-budgeted in future years.

Listed below are the more prominent amendments:

Table 1 - Capital Projects with Surplus Funds Relinquished (>$100K):

Project Name	Relinquished Funds ($)	Comments
Wanneroo Emergency Services Precinct, Pinjar, New Building	1,575,067	Project terminated, budget to be removed.
Wanneroo Recreation Centre, Wanneroo, New Sports Hub	1,282,863	Project terminated as per Council decision December OCM. New site selection required.
Wanneroo Sports and Social Club, Wanneroo, Renew Electrical Infrastructure	380,000	Savings identified due to competitive procurement.
Recurring Program, Renew Transport Infrastructure Assets 2025-26	259,959	Grant funding required to be utilised in other road projects.
Yellagonga Regional Park, Woodvale, Upgrade Dual Use Path	200,000	Savings identified due to unspent contingency.
Lenore Road, Hocking, Upgrade to Dual Carriageway from Kemp St to Elliot Rd	160,000	Surplus identified, due to the road audit survey being lower than anticipated.
Neaves Rd, Mariginiup, Upgrade Traffic Treatment Old Yanchep Rd to Timely Hostess Mews	155,467	Savings identified due to change in scope.
Beachside Pde, Yanchep, Upgrade Traffic Management Scheme	140,000	Savings identified due to quicker construction period.
Recurring Program, Renew Community Building Assets 2025-26	105,000	Reduction in scope resulted in savings.

Table 2 - Capital Projects with Additional Funding Requirement (>$500K):

Project Name	Additional Funds ($)	Comments
Abbeville Park, Mindarie, Upgrade Sports Amenities Building	1,500,000	Funds to be brought forward due to updated contractor schedule.
Rotary Park, Wanneroo, Upgrade Rotary Park	1,265,000	Funds to be brought forward to align with construction works.
Neerabup Industrial Area, Neerabup, New Development of Lot 9003	1,000,000	Additional funds required to match extraction works.
Girrawheen Ave, Girrawheen, Upgrade Hudson Ave to Nanovich Ave	850,000	Brought forward due to additional MRRG funding available.
Brazier Rd, Yanchep, Upgrade Services	650,000	Additional funds required to cover authority costs for Western Power and ATCO Gas.
Mirrabooka Avenue, Koondoola, Renew road from Beach Rd to Koondoola Ave	541,905	Brought forward due to additional MRRG funding available.
Mirrabooka Ave Kingsway, Landsdale, Upgrade Roundabout	508,646	Additional grant funding received to assist with completion of works.
Renew IT Network Infrastructure	500,000	Additional funds required due to the need for increased network capacity.

Table 3- Capital Projects with Proposed Re-budget (>$500K):

Project Name	Re-budgeted Funds ($)	Comments
Lot 600 Old Yanchep Road, Neerabup, Upgrade of Services	3,100,000	Funds to be re-budgeted to 2026/27 due to delays as a result of Federal clearing approvals.
Driver Road, Darch, New Public Open Space	2,840,000	Funds to be re-budgeted to 2026/27 due to delays in commencement of project.
Flynn Dr, Banksia Grove, Upgrade from Mather Dr to Old Yanchep Rd	2,217,000	Funds to be re-budgeted to 2026/27, with budget to be transferred to PR-4347 for remaining works at Flynn Drive.
Caraway Park, Two Rocks, Upgrade Bushfire Brigade Station	1,445,448	Funds to be re-budgeted to future years to complete design (2026/27) and for construction.
Renew Customer Request Management System	1,390,250	Funds to be re-budgeted to 2026/27 due to delays in the tender process.
Marangaroo Dr Girrawheen Ave, Girrawheen, Upgrade Intersection	1,245,000	Funds to be re-budgeted to 2026/27 due to delays by Western Power.
Capricorn Coastal Node, Yanchep, New Recreation and Amenity Facilities	1,081,499	Funds to be re-budgeted to 2026/27 due to the developer not completing the works.
Renew Property and Rating System	826,213	MYR - Funds to be re-budgeted to future years due to delays in the tender process.
Pinjar Road, Carramar, Upgrade to Dual Carriageway, Golf Links Dr to Joondalup Dr	800,000	Funds to be re-budgeted to 2026/27 due to design delays.
Marmion Avenue, Yanchep, New Shared Pathway, Yanchep Beach Road to Botanic Boulevard	770,000	Funds to be re-budgeted to 2026/27 due to Water Corp works.
Hartman Dr Prindiville Dr Intersection, Wangara, Upgrade Traffic Treatment	744,100	Funds to be re-budgeted to 2026/27 due to delays by Western Power and Main Roads WA.
Waste Management, Upgrade Vehicle Safety Equipment	532,000	Funds to be re-budgeted to 2026/27 due to resourcing issues.
Quinns Rocks Foreshore, New Universal Access Fishing Platform	500,000	Funds to be re-budgeted to 2026/27 for construction. Project delays due to extension of detailed design and approval requirements.
Yanchep Beach Road, Yanchep, Upgrade to Dual Carriageway Marmion Ave to Spinnaker BLVD	500,000	Funds to be re-budgeted to 2026/27 for continued design.

Quinns Rocks Sports Club’s toilet/bathroom facilities

With respect to the Motion on Notice (MN05-08/25) presented to Council at the August 2025 meeting regarding the upgrade to the Quinns Rocks Sports Club’s toilet/bathroom facilities, no funding allocation has been proposed as part of the Mid Year Review. Administration is still waiting on the outcome of a tender process entered into by the Quinns Rocks Sports Club to ascertain the amount of funding required from the City, and the timing of the works.

With this process still ongoing it is unlikely any significant funds will be required in FY2025/26, and it is therefore proposed to allocate funding as part of the draft FY2026/27 Capital Works Budget. If any funding should be required in current financial year (FY2025/26), it is proposed that a budget be allocated via an upcoming Financial Activity Statement report.

16. Development Contribution Plan Expenses – proposed decrease $1.4M

Significant adjustments contributing toward the net decrease are listed below:

Decreases of:

· $1.8M in East Wanneroo Development Area - Cell 2; and

· $904K in East Wanneroo Development Area - Cell 9.

Partially offset by Increases of:

· $1.0M in East Wanneroo Development Area - Cell 4;

· $178K in East Wanneroo Development Area - Cell 6; and

· $110K in East Wanneroo Development Area - Cell 7.

17. Non-Cash Amounts Excluded proposed decrease $39.7M

The Non-Cash Amounts Excluded consists of:

· Decrease in assets received by the City at no cost of $37M;

Offset by

· $4.6M adjustment of deferred revenue from Development Contribution Plans.

Financing Activities - $6.2M net negative adjustment

18. Transfer from/(to) Reserves - Net negative adjustment of $6.2M

The decrease in Transfer from Reserves (-$741K) is mainly due to:

Decrease of:

· ($10.7M) worth of reserve funded proposed re-budgeted capital projects
(Attachment 5);

· ($1.1M) where the funding source was changed from Reserves to TPS Cell 9; and

· ($657K) worth of proposed savings from reserve funded capital projects which are either completed or changed scope (Attachment 3).

Offset by increase of:

· $8.8M worth of proposed additional reserve funding requirement for capital projects (Attachment 4); and

· $2.9M transfer from Waste Management Reserve to cover the deficit of Waste Service operations.

The increase in Transfer to Reserves (+$5.5M) is mainly due to:

· Transfer of an equivalent amount of Municipal funded re-budgeted FY2025/26 capital projects of $7.1M to the Strategic Projects/Initiatives Reserve (Attachment 6);

Offset by:

· Decrease in interest income allocation to each reserve of $1.6M.

It should be noted that the opening balances have been adjusted in line with the FY2024/25 Audited Financial Statements (closing balances), which were adopted by Council in its Council Meeting held on 16 December 2025.

A summary of movements by individual reserve are disclosed in (Attachment 7).

19. Transfer from/(to) Development Contribution Plans not in Reserve – Net adjustment of $0

The proposed change has a zero impact to the bottom line, as the funds are not Municipal and represent balancing amounts transferred from/to Development Contribution Plan reserves.

20. Surplus/(Deficit) at the Start of the Financial Year – positive variance of 3.7M

The FY2025/26 opening balance at the start of the financial year has been adjusted to reflect the favourable audited closing balance for FY2024/25.

21. Surplus/(Deficit) After Imposition of General Rates – proposed increase in deficit of $4M

Following the MYR proposed amendments, the annual revised budget is now forecasting a deficit of $4.9M. This reflects a $4.0M increase in the deficit compared to the Revised Budget position of $840K reported at the end of December 2025.

Consultation

This report has been prepared in consultation with the Executive Leadership Team and Service Unit Managers.

Comment

Mid-Year Annual Budget Review Summary of Changes

Operating Activities

$12.4M additional funding requirement is mostly represented by the reforecast of $4.5M decrease in Interest Earnings, $3.5M increase in Materials and Contracts, $3M increase in Employee Costs and $1.7M decrease in Fees and Charges.

Revenue

The decrease in revenue is primarily attributable to the uncontrollable nature of several key inputs used in the revenue forecasting model, resulting in variances outside operational influence.

Employee Costs

The increase in employee costs is largely due to a lower actual vacancy than the budget, which reflects a healthier and more stable level of resourcing across the City enabling delivery of the City services at expected levels.

Materials and Contracts

The rise in materials and contracts expenditure reflects the City actively delivering its Council Plan activities and needing additional funds than the allocated budgets to deliver.

Investing Activities

The $10.9M reduction in Investing Activities primarily reflects a net decrease of $14.0M in the Capital Works Program budget. This variance is driven by three key movements:

· Reduction of ($21.3M) in capital projects proposed to be re-budgeted to future financial years, largely due to revised project timelines and delivery scheduling;

· Increase of $12.5M in capital projects that have been brought forward from future years or have received increased budgets in the current financial year to accommodate changes in project scope or prioritisation; and

· Increase of $5.2M in capital project funds have been relinquished, primarily due to reductions in project scope. These scope adjustments resulted in lower-than-anticipated budget requirements, allowing the unused funds to be returned.

Financing Activities

The overall adjustment to Financing Activities results in a net cash outflow of $6.2M, driven by a decrease in net cash inflows of $866K and an increase in net cash outflows of $5.3M.

Transfers From Reserves

Transfers from Reserves are forecast to decrease overall, primarily due to:

· Reduced funding requirements for capital projects of $3.7M, leading to a lower draw on reserves.

· This reduction is partially offset by an increased transfer of $2.9M from the Waste Management Reserve to cover the forecast net increase in Waste Management operating costs.

Transfers To Reserves

Transfers to Reserves are expected to increase, mainly due to:

· A $7.1M transfer to the Strategic Projects/Initiatives Reserve to fund municipal-funded re‑budgeted capital works in future years.

· This increase is offset by lower forecast interest income, reducing the allocation to each reserve fund totalling $1.6M.

Surplus/(Deficit) after Imposition of General Rates

As a result of the above MYR adjustments, there is an overall downward revision of $4.0M, resulting in a $4.9M proposed revised budget deficit post MYR for the 2025/26 financial year.

While this deviation is considered an insignificant movement from the originally forecast balanced budget, Administration will continue to closely monitor operating results on a monthly basis for the rest of the financial year. Any material changes will be reported through the Monthly Financial Activity Statement.

The MYR deficit of $4M represents 2.3% of the forecast rates revenue and 1.4% of the forecast operating expenses. Although Administration is actively monitoring service delivery levels, this deviation is considered to fall under the reporting thresholds, particularly in the context of the City is managing $274M in operating revenue, $280M in operating expenditure, and a $131M capital works program for FY2025/26.

Statutory Compliance

Regulation 33A of the Local Government (Financial Management) Regulations 1996 requires a local government to carry out a review of its Annual Budget for that year between
1 January and the last day of February in each financial year.

The review of an annual budget for a financial year must be submitted to Council on or before 31 March in that financial year.

Council is to consider a review submitted to it and is to determine with absolute majority whether or not to adopt the review, any parts of the review or any recommendations made in the review.

Within 14 days after Council has made a determination, a copy of the review and determination is to be provided to the Department.

Strategic Implications

The proposal aligns with the following objective within the Council Plan 2025 – 2035:

5 ~ A Well-Governed and Managed City

5.1 - Lead with clear decisions and strong advocacy

Risk Appetite Statement

In pursuit of strategic objective goal 5, we will accept a Medium level of risk as the City balances the capacity of the community to fund services through robust cost-benefit analysis and pursues evidence-based decision making to be effective stewards of the Council and City for future generations.

Risk Management Considerations

RISK TITLE		RISK RATING
Level 1 Strategic Risk	1.0 Financial Sustainability	Medium
Level 2 Corporate Risk	1.4 Financial Management	Medium
ACCOUNTABILITY		ACTION PLANNING OPTION
Director Corporate Strategy & Performance		Manage

RISK TITLE		RISK RATING
Level 1 Strategic Risk	9.0 Ineffective Governance	Medium
Level 2 Corporate Risk	9.3 Integrated Reporting	Low
ACCOUNTABILITY		ACTION PLANNING OPTION
Director Corporate Strategy & Performance		Manage

“The above risks relating to the issue contained within this report has been identified and considered within the City’s Corporate risk register. Action plans have been developed to manage these risks to support existing management systems.

Policy Implications

The MYR has been undertaken in accordance with the requirements detailed in the City’s Accounting Policy and Strategic Budget Policy.

Financial Implications

As outlined above and detailed in Attachments 1 to 7.

Voting Requirements

Absolute Majority.

Recommendations

That Council:-

1. APPROVES by ABSOLUTE MAJORITY the Mid-Year Statutory Budget Review and the proposed changes of the Annual Budget for the 2025/26 financial year, including reserve transfers as noted in the report, in accordance with Regulation 33A(3) of the Local Government (Financial Management) Regulations 1996 and Section 6.8(1)(b) of the Local Government Act 1995, as shown in Attachments 1 to 7; and

2. REQUESTS Administration to list for consideration in the City’s 2026/27 annual budget process, funding support for the upgrade of toilet facilities at the Quinns Rocks Sports Club (equal to the amount of a tender issued and approved by the Quinns Rocks Sports Club, less State of Western Australia and other external funding), noting that this listing arises from the resolution of Council for item 1 of MN05-05/25 (resolved at the August 2025 Ordinary Council Meeting).

Attachments:

1 ⇩.	Attachment 1 - Statement of Financial Activity	26/35241
2 ⇩.	Attachment 2 - Capital Works MYR - Proposed Changes	26/28051
3 ⇩.	Attachment 3 - Capital Works MYR - Proposed Surplus Funds Relinquished	26/28052
4 ⇩.	Attachment 4 - Capital Works MYR - Proposed Additional Funds Required	26/28053
5 ⇩.	Attachment 5 - Capital Works MYR - Proposed Rebudgets to Future Years	26/28054
6 ⇩.	Attachment 6 - Capital Works Program - Proposed Municipal Rebudgets to Future Years	26/28055
7 ⇩.	Attachment 7 - Reserves Summary	26/35246