2020-07-13 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                                                                               13 JULY 2020


Figure 3: Operating Expenditure Position by Type

$50.0                                             $45.9
$45.0                                                       $41.7
                                                                                                 YTD Budget ($m)
$40.0
           $33.5 $32.6                                                                           YTD Actual ($m)
$35.0
$30.0
$25.0
                                                                                                        $18.7 $18.8
$20.0
$15.0
$10.0
                                                                                           $4.7
 $5.0                                                                 $1.5                                                                      $0.2 $0.2
 $0.0
                                                      Materials




                                                                                                            Depreciation
               Employees




                                                                               Finance Costs




                                                                                                                                                       Other
Capital Revenue
Capital revenue of $9.7 million received comprises cash contributions from developers ($2.1
million), assets contributed from developers ($1.1 million) and capital grants ($6.6 million). Included
in capital revenue is an unbudgeted grant for bushfire disaster recovery ($1.3 million) and an early
milestone grant payment for the Orealla bridge replacement project ($1.4 million). Note that the
timing of capital grant receipts are generally dependent on the timing of grant conditions and also
capital delivery performance, and that the timing of the receipt of developer contributions (both
cash and contributed) is unpredictable.

Figure 4: Capital Revenue by Type

 $7.0                                                                                          $6.6

 $6.0
                                                                    $5.3                                   YTD Budget ($m)
 $5.0                                                                                                      YTD Actual ($m)

 $4.0

 $3.0
                  $2.1                     $2.1                                                                            $2.0
 $2.0
                                                                                                                                                $1.1
 $1.0

 $0.0
                           Contributions




                                                                           Subsidies




                                                                                                                                  Contributed
                                                                            Grants /




                                                                                                                                    Assets
                              Cash




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