2015-16 Annual Report 2015-16 Annual Report | Page 3

A year in review Rich Traditions Bold Ambitions - Performance Highlights What a year it has been for the Toowoomba Region. We have worked hard this year and delivered some important, region-defining major projects that will see our community preserve its strong historical foundations and evolve with unique, contemporary facilities. maintained, upgraded and renewed this year, we also looked at traffic flow and how we could continue a consistent stream of traffic across our major towns. This included the groundwork being laid for the two-waying of Neil Street, as well as improved traffic signalling along West Street in Toowoomba. During our rebrand, we talked to almost 3,000 staff, community members, local businesses, education and tourism facilities to build a brand for the region that would define who we are and celebrate the influences that have shaped our communities. You shared your stories and we listened. We couldn’t have summed up this region any better than you did with your stories of triumph during tough farming years, to the rich tapestries of families and the diversity of people who call this region home. There is a strong undercurrent of pride here and our community has valuable insight and important information to share with us. We’ve really focussed this year on being responsive and listening to our community on the things that are important to you. We’ve looked at regional growth trends and planned the facilities that will improve liveability and attract not only tourists, but also new residents to our region. We can’t do it alone and we’ve been humbled by the number of people who have had their say on major projects and influenced the way we do business here in the Toowoomba Region. Construction on the TSRC has commenced this 24% year, with Capital revenue Council supporting the integration with local road networks. Rates & levies 58% This project Whatwill see the Toowoomba Region well-placed to & charges 10% with the we an have support increase in transport,Fees logistics and traffic earned diversity of prosperity in agriculture and increase Contract works 2%in commercial enterprises expected over the coming years. Grants, subsidies & contributions 5% When you look around the region, you can see the investments that have been made in our future. The completion of Stage 1 of the Highfields Sports Precinct will see our upcoming athletes supported to reach their goals at an internationalgrade sports facility. From the sports fields to the glittering copper façade of the brand new, state-of-the-art Toowoomba City Library and green open space of the Civic Square. This new facility will enhance the education value for our community by offering not only a space for resources, but also for interacting, learning and connecting people with the right information at the right time on progressive, modern technology. The investment in our region’s road networks this year will ensure that visitors and residents are connected to opportunities outside of the region and are safe when they travel. It’s not just the road infrastructure that has been revenue 1% we A key business-as-usual functionInterest of Council is how manage waste and this year saw the opening of the Greater Toowoomba Waste Management Facility (GTWMF) to domestic and commercial customers. The facility was designed for our community to easily navigate and produce a greater volume of recycling and reduce our environmental impact as a region. The unique selling point of our region is our interstate and Property, plant & equipment 96% international connectedness and investors, international What are businesses and the agriculturalCash sector all have theirequivalents eyes on us3% assets & cash our assets as an intermodal transport hub. The first direct airfreight service Trade & other receivables 1% from the Brisbane West Wellcamp Airport to Hong Kong took flight this year, carrying frozen and chilled beef, nuts, mangoes, organic chicken, and lettuce. This airfreight service is expected to commence weekly in late 2016. When you mention Toowoomba, the first thing that comes to mind is our stunning parks, gardens and award-winning Toowoomba Carnival of Flowers. Encouraging visitors and residents to eat, laugh, play and stay, the Toowoomba Carnival of Flowers once again stole the show taking out the Major Events category at the Queensland Tourism Awards. This is the Borrowings 55% events category first year the Carnival was entered in the major and, with 112,000 people attending functions across the 10 Other 1% What do days ofwefestivities it’s easy to see why the event is popular owe Trade & other payables 10% locally and throughout Australia. Provisions 34% The following report shares the year’s achievements across the region and showcases a community that is not only flourishing, but making a name for itself across Australia. We are proud to share our accomplishments on the pages to come. Financial highlights Community services 23% Capital revenue 24% What we have earned Grants, subsidies & contributions 5% Planning & development 4% Employee costs 40% Finance & business strategy 6% Materials & services 29% Waste management 7% Finance costs 3% Transport and other infrastructure 22% Depreciation & amortisation 28% Water services 24% Interest revenue 1% Wastewater services 11% Rates & levies 58% Fees & charges 10% Contract works 2% Where the Recurrent money is expenses spent Corporate governance 3% Road & bridge network 36% What are Site improvements 13% TOOWOOMBA REGIONAL COUNCIL Annual Report 2015 - 2016 3 Water 6% Property, plant & equipment 96% Capital expenditure