2020-07-13 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                       13 JULY 2020


Capital Program
Actual capital expenditure (excluding contractual commitments) is $24.7 million (budget $30.9
million). Detailed discussion of progress in the delivery of the capital works program is provided
through a separate report by the Asset Planning Manager.

Figure 5: Capital Program Delivery Performance

$30.0
                   $26.1
                                           YTD Budget ($m)
                                           YTD Actual ($m)
$25.0
                                 $21.9

$20.0

$15.0

$10.0
                                                          $4.8
 $5.0                                                                    $2.8


 $0.0
                     Capital works                           Other capital




Cash Management and Investment Performance
Total cash on hand at the end of June 2020 was $56.2 million. Included in this balance are funds
held in trust and for restricted purposes (e.g. unexpended levy and grant funds) and any unspent
cash committed for funding capital projects which are underway and will carryover into the 2020/21
financial year.

The following pie charts present the mix of cash held at June 2020 by agency (graph on the left)
and by credit risk rating (graph on the right). All funds have been invested in accordance with the
Investment Policy and in consideration of the principles of ethical investment, preservation of
capital, return on investment and counterparty thresholds.

Figure 6: Closing Cash Held by Agency and Credit Rating



                      CBA                                                   A1 +
                      4%                                                (CBA + NAB +
                                                                           Wpac)
                                                                            4%




                                                                              A1 +
                           QTC                                               (QTC)
                           96%                                                96%




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