Council meeting preview
Positive operating results in first quarter of financial year
Council’s financial performance for the first quarter of the current financial year shows a positive current operating result but pressure building on targets.
The financial report for the three months to 30 September 2023 will be discussed at next week’s Council meeting (on Wednesday 25 October).
Council had a positive operating variance of $627,000 as at 30 September 2023, reflecting lower-than-budgeted user fee revenue, offset by lower operational expenditure year-to-date, a report to Council notes.
It says the council continues to operate in a high inflation environment, with costs remaining at elevated levels.
Trends are also emerging within the council’s user fee revenue that indicate targets may be under pressure, reflecting Rotorua’s continued recovery from the Covid-related tourism slowdown.
Staff continue to monitor these trends as we progress further into the financial year.
Go to p14 of the meeting agenda to view the full financial report for the three months to 30 September.
Also on the agenda
Rate remissions: Council will be asked to consider granting rates remissions for the 2023/24 year for additional properties deemed uninhabitable due to high lake water levels. Go to p19 of the meeting agenda to see the report on this matter.
Non-financial performance measures for year ending 30 June 2023: Council will receive a report on the draft results of non-financial performance for the financial year ending 30 June 2023 which show 58% of measures have been achieved with 33% not achieved and 9% not measured for various reasons detailed in the report to Council. Go to p22 of the meeting agenda to view the report on this matter and see additional information at THIS LINK.
Significance and Engagement Policy review: Council will be asked to approve proposed revisions to its Significance and Engagement Policy ahead of community consultation. The policy guides how the council determines when and how it should engage with the community before making a decision. Go to p25 of the meeting agenda to see the report on this matter.
Operational progress reports: Council will receive updates from the Corporate Services, Corporate Planning and Governance and Te Arawa Partnerships groups. See these reports on pages 29, 37 and 45 of the meeting agenda.
Business case for Sister City visit: Council will consider the business case for Mayor Tapsell’s attendance at Japanese sister city Beppu’s 100th anniversary commemorations. Go to p48 of the meeting agenda to see the report on this matter.
View the full public agenda for next week’s Council meeting at this link: public-agenda-council-meeting-25-october-2023.pdf (rotorualakescouncil.nz)
The meeting starts at 9.30am on Wednesday, 25 October, in the Council Chamber and is open to the public to attend.
The meeting will also be livestreamed and can be viewed live or later via Council’s YouTube channel: Rotorua Lakes Council - YouTube