2020-07-13 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                        13 JULY 2020


Category           Summary                          Comments
Fees and           $6.2 million (94%) of the $6.7      Cemetery fees $78k above annual budget
Charges            million annual budget has            (134% or $307k of $229k budget earned)
                   been earned                         Plumbing application fees $51k above annual
                                                        budget (105% or $1.0 million of $971k budget
                                                        earned)
                                                       Building application and compliance fees $78k
                                                        below annual budget (89% or $651k of $730k
                                                        budget spent)
                                                       Land use permits $141k below annual budget
                                                        (65% or $268k of $410k earned) – relief
                                                        provided to businesses and community groups
                                                        impacted through closure from COVID-19
                                                        pandemic
                                                       Development related fees $227k below annual
                                                        budget (86% or $1.4 million of $1.6 million
                                                        budget earned)
Sale of Goods      $8.5 million (84%) of the           Community Facilities (NAC, NLC and The J)
and Services       $10.1 million budget has             $641k below annual budget (75% or $1.9 million
                   been received                        of $2.5 million budget earned) – Facility
                                                        closures due to the COVID-19 from March to
                                                        mid-June
                                                       Holiday Park sales $926k below annual budget
                                                        (70% or $2.1 million of $3.1 million budget
                                                        earned) –Park closures due to the COVID-19
                                                        pandemic from March to mid-June
Interest           $1.5 million (110%) of the          Interest on overdue rates and charges $107k
Received           $1.4 million annual budget           above annual budget (127% or $507k of $400k
                   has been earned                      budget earned)
                                                       Investment interest revenue $28k above annual
                                                        budget (103% or $1.0 million of $1.0 million
                                                        budget earned)
Rental and Lease   $2.1 million (91%) of the $2.3      A full year budget shortfall of $291k has been
/ Other Revenue    million budget has been              realised due to rent relief provided to tenant
                   earned                               businesses impacted by the COVID-19
                                                        pandemic through closures between March and
                                                        June.
Operating          $5.4 million (107%) of the          50% ($1.2 million) of the 2020/21 financial
Grants,            $5.0 million budget has been         assistance grant was prepaid in advance during
Subsidies          received                             May in line with previous years.
                                                       $211k in additional grants received during the
                                                        year to fund a range of operating projects.
Unitywater         $5.7 million (100%) of the          Unitywater distributions are fixed each year so
Distributions      $5.7 million budget has been         little budget variance risk
                   received                            Unitywater have advised that distributions will
                                                        not change due to any COVID-19 impacts on its
                                                        financial position




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