Infrastructure upgrade works are set to begin on the Narrabri Creek Bridge and Collins Park roadway area. Works will commence on Monday, 29 April and will take approximately 6 weeks to complete. Please adhere to all signage.
Council wishes to advise residents that the first stage of upgrades to the Wee Waa Multi-Court Sporting Facilities will take place from Tuesday, 16 April until Monday, 29 April. During this time, some restrictions to the area will apply.
Published on 02 March 2024
The Council's Quarter Two Budget Review for the 2023/24 financial year has revealed revisions to its financial projections. Significant adjustments have been made for the full year ending 30 June 2024, offering timely positive news to the community. Forecasts show a positive outlook for the Net Operating Result before Capital Items for the financial year, highlighting the value of regular and systematic reviews as required under the NSW Local Government Act.
Council has been presented with a projected surplus of $5.657 million before capital items and a capital works program for the year amounting to $44.203 million at the Ordinary Council Meeting on 27 February 2024, for consideration and adoption. This achievement has been made possible after six months of operations and a significant amount of work undertaken in grants, revenue, and capital works by staff. This stands in contrast to the initial budget laid down in June 2023 for the 2023/24 financial year, which disclosed a deficit of $4.768 million before capital items, and a capital budget of $47.059 million.
Ted Harrington, Director of Financial & Commercial Services, said: “By identifying realistic deliverables for the remainder of the year, and applying a pragmatic approach to issues of capital vs operating, we have successfully reduced our capital budget expenditure, and positively impacted our operational budget. I commend the dedication and efforts of our staff in rigorously reviewing the Quarter Two financials. Our commitment to fiscal responsibility and prudent financial management remains unwavering.”
"Scrutiny of the operational income and expenditure led to the recognition and classification of identified grant funding from the Regional Emergency Roads Repair Funding (RERRF), executed in November 2023, and the reclassification of estimated flood damage revenue. The accounting treatment of these items was confirmed by independent sources to provide a level of comfort to councillors, management, and staff, strengthening the operational bottom line before capital items," said Harrington.
Mayor Darrell Tiemens expressed his support for the Council’s financial revisions. “A projected surplus is good news. Our Council's diligent efforts in revising our financial projections demonstrates our commitment to fiscal responsibility, transparency, and restraint.
Narrabri Shire Council aims to be disciplined in its financial approach always balancing the diverse needs of our communities and towns with the requirement to be financially responsible and not spending beyond our means.
I am pleased that the staff continue to demonstrate their dedication to be accountable to our local communities through quarterly updates of the Council’s budget position.” said Mayor Tiemens.