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ANNUAL REPORT 2007-2008 CITY OF GREATER GEELONG

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<strong>CITY</strong> <strong>OF</strong> <strong>GREATER</strong> <strong>GEELONG</strong><br />

NOTES TO THE FINANCIAL <strong>REPORT</strong> FOR THE YEAR ENDED 30 JUNE <strong>2008</strong><br />

38 Related party transactions (cont’d)<br />

(iii) Senior Officers Remuneration<br />

A Senior Officer other than a Responsible Person, is an officer of Council who has management responsibilities and reports directly to the Chief Executive Officer or whose total annual remuneration<br />

exceeds $100,000.<br />

<strong>CITY</strong> <strong>OF</strong> <strong>GREATER</strong> <strong>GEELONG</strong> <strong>ANNUAL</strong> <strong>REPORT</strong> <strong>2007</strong>-<strong>2008</strong><br />

The Senior Officers of the City of Greater Geelong who reported directly to the Chief Executive Officer during the year were:<br />

Anthony Smith - General Manager Corporate Services - resigned 30 May <strong>2008</strong><br />

Irene McGinnigle - General Manager Community Services<br />

Peter Reeve - General Manager City Services<br />

Stephen Wright - General Manager Major Projects<br />

Dean Frost - General Manager Community Infrastructure and Recreation - commenced 25 October <strong>2007</strong><br />

Kate Sullivan - General Manager Development Sustainability<br />

The number of Senior Officers of Council whose total remuneration exceeds $100,000 including any superannuation benefits from the Council and any related entity falls within<br />

the following bands:<br />

<strong>2008</strong> <strong>2007</strong><br />

No.<br />

No.<br />

$100,001 - $110,000 7 7<br />

$110,001 - $120,000 9 4<br />

$120,001 - $130,000 12 8<br />

$130,001 - $140,000 4 6<br />

$140,001 - $150,000 2 -<br />

$170,001 - $180,000 - 2<br />

$180,001 - $190,000 6 3<br />

$230,001 - $240,000 - 1<br />

$300,001 - $310,000 - 1<br />

40 32<br />

(iv) No retirement Benefits were paid to Senior Officers in <strong>2007</strong>-<strong>2008</strong> ($246,258 during 2006-<strong>2007</strong>).<br />

(v) No loans have been made, guaranteed or secured by the Council to a Responsible Person / Senior Officer of the Council during the reporting period.<br />

(vi) Other Transactions<br />

$000 $000<br />

Total Remuneration for the reporting year<br />

for Responsible Persons included above<br />

amounted to: 5,224 4,446<br />

181<br />

The Council has entered into transactions with Responsible Persons, Senior Officers and Related parties within normal customer or employee relationships on terms and conditions no<br />

more favourable than those available in similar arm's length transactions. There were no significant transactions with Responsible Persons or Senior Officers.

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