This is also the fifth year council has achieved operating surpluses.
Deputy Mayor Chris Thompson described the outcome as “an outstanding result” given the accounting challenges associated with the former Caloundra, Maroochy and Noosa Council amalgamation and recent de-amalgamation.
“While joining three former councils into one had its difficulties, the de-amalgamation of Noosa Shire has had its unique accounting challenges as Noosa, quite rightly, has never been treated as a separate business unit since amalgamation,” Cr Thompson said.
“To continue to receive clean, unqualified audits, in this most recent year in particular, shows prudent financial management, aligning to council’s commitment to achieving a strong financial position.
“This in turn sets the platform to develop council’s long-term financial plans, to optimise resources and align with council’s strategic priorities.”
The new Sunshine Coast Regional Council started January 1, when Noosa Shire became a separate entity.
“Council is committed to ensuring quality services continue to be delivered to the community beyond de-amalgamation,” Cr Thompson said.
“The new council will deliver the same quality services and we are committed to delivering ever-better value for money to residents and communities.
“Council will continue working to deliver its vision for the Sunshine Coast to become the most sustainable region in Australia – with a sustainable economy, environment and community.”