The City of Onkaparinga has released its 2024–25 Annual Report, showcasing a year of strong community outcomes, major project delivery, and improved financial sustainability.
CEO Phu Nguyen said the report reflects the council’s commitment to delivering on the Community Vision 2034, shaped by more than 5,000 residents.
“This past year we’ve seen the power of collective action,” he said.
“From planting thousands of trees to opening new community facilities, we’ve been focused on building a city that’s connected, resilient and future-focused.”
Key highlights include:
CEO Phu Nguyen said the council’s financial position has strengthened significantly.
“We delivered our first operating surplus following 7 years of budget deficits,” Mr Nguyen said.
“Borrowings are lower than forecast, and we had one of the lowest rate increases in the state for 2025-26 in line with CPI. The review of our Long-Term Financial Plan under the current chamber sets us on a path to reduce debt while continuing to deliver essential services.
“Contrary to recent public commentary, council debt is under control. An apparent drop in debt at the time of the 2022 election was due to $30 million in advance funding from state and federal governments, which temporarily offset borrowings. As projects are delivered, debt levels naturally adjust.
“The updated forecast for June 2026 shows a reduced debt position of $112.4 million – $23.5 million lower than originally projected.
"A moderate level of debt can be beneficial for funding infrastructure and services, particularly in a growth council such as Onkaparinga – as long as it’s managed properly.
“We’re managing debt responsibly, investing in infrastructure for a growing city, and maintaining services without compromising financial sustainability."
See the full annual report at the council's website.
Photo: Jack Fenby