2023-02-07 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                               7 FEBRUARY 2023


6.   REPORTS FOR NOTING BY THE COMMITTEE

1    NOOSA HOLIDAY PARKS UPDATE REPORT TO 31 DECEMBER 2022

Author               Property Advisor- Commercial Property, Robyn Mercer
                     Corporate Services Department

Index                ECM/ 8.16 Camping and Caravan Facilities (General)

Attachments          Nil.

EXECUTIVE SUMMARY
This report provides an update on the Noosa Holiday Park Business Activity for the period from 1
July 2022 to 31 December 2023, including financial and commercial performance, update on
management services contracting and operational activities.
RECOMMENDATION
That Council note the report by the Property Advisor – Commercial Property to the Services &
Organisation Committee Meeting dated 7 February 2023 providing an update on operations of
the Noosa Holiday Park Business Activity to 31 December 2022.

REPORT
1.   Financial Performance
                               2022/23
                                               2022/23
TOTAL BUSINESS                 Current                          2022/23     % Current      Variance
                                               Current
ACTIVITY                        Budget                          Actuals      Budget         (YTD)
                                             Budget (YTD)
                              (full year)
Total Revenue                $3,644,267       $1,900,484      $2,202,667     60.44%        $302,183
Total Expenditure            $2,945,848       $1,511,945      $1,730,872     58.76%        $218,927
Operating
                               $698,419         $388,539       $471,795                     $83,256
Surplus/(Deficit)
Key Comments Total Business Activity
Financial year to date performance for the Noosa Holiday Parks business activity is positive,
characterised by high revenue levels and a strong year to date operating surplus. The financial
performance results reflect Council’s commitment to business improvement and innovation in
order to drive high revenue outcomes, growth in visitation levels, operational cost efficiency and
visitor enjoyment.
Year to date visitation levels and occupancy results are trending at record levels, which can be
attributed to high consumer demand for camping and caravanning recreation, coupled with strong
operational management, a premium level of contracted management services and provision of
high quality service levels.
Further commentary on each Noosa Holiday Park is provided below.
Boreen Point Campground
                               2022/23
                                               2022/23
 Boreen Point                  Current                          2022/23     % Current       Variance
                                               Current
 Campground                     Budget                          Actuals      Budget          (YTD)
                                             Budget (YTD)
                              (full year)
 Total Revenue                   $652,500         $367,354       $359,954      55.17%          $7,400
 Total Expenditure               $628,843         $341,889       $339,863      54.05%          $2,026
 Operating
                            $23,657         $25,465          $20,091                     $5,374
 Surplus/(Deficit)

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