"It's great to know that so many people have the confidence in our city to come here, to make their homes here, and to build here.
"One of the biggest challenges is to relieve the pressure on our infrastructure, such as transport, wastewater, stormwater and water supply."
The report also reviews the work the council carried out during 2018/19 and projects that will cater to the city's growing community have also been acknowledged.
The purchase of Bella Vista properties, and reviews undertaken to find ways to improve our services, community engagement, project planning and delivery were also explored.
Financially, the report said that the council had delivered $206 million of new capital. It had a total net debt of $441m, a debt-to-revenue ratio of 176 per cent, and a $0.3m rates surplus.
The report was adopted at a council meeting on Tuesday, subject to some small amendments.
The full report was available on the council's website.