Minutes of Meeting

Finance Advisory Committee Meeting

Venue	Conference Room, Station Street, Mullumbimby
Date	Thursday, 15 May 2025
Time	2:00 PM

BYRON SHIRE COUNCIL

Finance Advisory Committee Meeting Minutes                             15 May 2025

Minutes of the Finance Advisory Committee Meeting held on Thursday, 15 May 2025

File No: I2025/715

PRESENT:

Councillors:	Cr S Ndiaye (joined meeting at 2:40pm)	Present
	Cr J Dods	Present
	Cr M Lowe	Apology
	Cr E Hauge	Present
	Cr D Warth	Present
Staff:	Mark Arnold (General Manager)	Present
	Esmeralda Davis (Director Corporate and Community Services)	Present
	Phil Holloway (Director Infrastructure Services)	Apology
	James Brickley (Manager Finance)	Present
	Storm Townsend (Minute Taker)	Present

Cr Dods (Chair) opened the meeting at 2:05pm and acknowledged that the meeting was being held on Bundjalung Country.

Attendance via AUDIO-VISUAL LINK:

There were no attendances via audio-visual link.

Apologies:

Apologies were received from Crs Ndiaye (joined at 2:40pm), Cr Lowe and Phil Holloway.

Declarations of Interest – Pecuniary and Non-Pecuniary

There were no declarations of interest.

Minutes from Previous Meetings

Report No. 3.1           Adoption of Minutes of the Finance Advisory Committee Meeting held 20 February 2025

File No:                       I2025/217

Committee Recommendation:

That the minutes of the Finance Advisory Committee Meeting held on 20 February 2025 be confirmed.   (Warth/Hauge)

The recommendation was put to the vote and declared carried.

Note: The minutes of the meeting held on 20 February 2025 were noted, and the Committee Recommendations adopted by Council, at the Ordinary Meeting held on 27 March 2025.

Business Arising from Previous Minutes

There was no business arising from previous minutes.

Staff Reports - Corporate and Community Services

Cr Ndiaye joined the meeting at 2:40pm.

Report No. 4.1           Budget Review - 1 January to 31 March 2025

File No:                       I2025/570

Committee Recommendation:

That Council:

1.      Authorises the itemised budget variations as shown in Attachment 2 (#E2025/43407) which include the following results in the 31 March 2025 Quarterly Review of the 2024/2025 Budget:

a)      General Fund – $0 movement to the Estimated Unrestricted Cash Result

b)      General Fund - $1,093,000 decrease in reserves

c)      Water Fund - $495,000 increase in reserves

d)     Sewerage Fund - $948,200 increase in reserves

2.      Adopts the revised General Fund Estimated Unrestricted Cash Surplus of $400,000 for the 2024/2025 financial year as at 31 March 2025. (Hauge/Dods)

The recommendation was put to the vote and declared carried.

For Information Only

Report No. 6.1           2025-2035 Long-Term Financial Plan

File No:                       I2025/658

There being no further business the meeting concluded at 3.50pm.