As reported at 30 June 2025, the Strategic Land Review is complete. The Funding and Revenue Diversification Strategy remains in the initial stages of development. The long-term Financial Strategy is approximately 40% complete. An initial draft of the Long-Term Financial Strategy will be in place to inform the development of the 2026-27 Budget. The Funding and Revenue Diversification Strategy and the updating of asset management plans remain as key dependencies to the completion of the Long-Term Financial Strategy. Progress on this initiative has been delayed due to resourcing constraints, the resignation of key officers and competing priorities in relation to the development of the 2025-26 Budget and the completion of Council’s financial statements for the 2024-25 financial year.

As of June 30, 2025, the Strategic Land Review has been successfully completed. The Funding and Revenue Diversification Strategy is still in its early development stages. Both this strategy and the updating of asset management plans are crucial for finalising the Long-Term Financial Strategy. Currently, the Long-Term Financial Strategy is approximately 45% complete. Progress in the past year has been hindered by resourcing constraints, the resignation of key officers, and competing priorities related to the development of the 202526 Budget. Over the last six months, internal resources have been reallocated to finalise Council’s financial statements for the 2024-25 financial year, and to address strategic risks as directed by the Audit and Risk Committee, including the implementation of EFTsure. An initial draft of the Long-Term Financial Strategy will be prepared to inform the development of the 2026-27 Budget.