2021-03-15 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                        15 MARCH 2021



   Figure 2: Operating Revenue Position by Type (Excluding Rates)

     $8.0                                              $7.5

     $7.0
                                                                                   YTD Budget ($m)
     $6.0          $5.1                                                            YTD Actual ($m)
            $4.5                                $4.6
     $5.0
     $4.0                                                                                   $3.5 $3.6
                                                                                                        $2.9 $2.9
     $3.0
     $2.0
                                                                     $1.0
                                         $0.5                 $0.8
     $1.0                   $0.5                                             $0.6 $0.7

     $0.0



                                                               Income




                                                                                 Other
               Charges




                                                                                              Grants




                                                                                                          Unitywater
                                                 Goods &
                                                 Services
                                                 Sales of




                                                                Rental
                              Interest
               Fees &




                                                                                                           Share of
   Operating Expenditure (YTD Benchmark 66.67%)
   Actual operating expenditure is currently 63% ($62.8 million) of full year budget ($99.9
   million). Detailed commentary for each expenditure category is provided below.

    Category              Summary                                        Comments
    Employee              $22.0 million (63%) of the                     •   Under expenditure for permanent staff
    Costs                 annual budget of $34.8                             salaries and wages ($2.2 million) partially
                          million has been expended                          offset by additional spend on casual staff
                                                                             and external labour hire ($858k) as well as
                                                                             overtime and allowances ($163k)
    Materials and         $27.0 million (61%) of the                     •   Council buildings and facilities $94k below
    Services              $44.5 million annual budget                        YTD budget (45% or $468k of $1.0 million
                          has been expended                                  budget spent) – timing of utilities as well as
                                                                             scheduled maintenance and cleaning
                                                                             services
                                                                         •   Libraries services $91k below YTD budget
                                                                             (46% or $503k of $1.1 million budget spent)
                                                                             – timing of library collection purchases and
                                                                             programs
                                                                         •   Waste Management costs $74k below YTD
                                                                             budget (65% or $6.3 million of $9.8 million
                                                                             budget spent) – collection bin purchases
                                                                             lower than forecast (offset by lower revenue
                                                                             recovery)
                                                                         •   Development application costs (including
                                                                             legal appeals) $61k above YTD budget
                                                                             (96% or $201k of $210k budget spent) –
                                                                             offset by additional application revenues
                                                                         •   Noosa Aquatic Centre $75k above YTD
                                                                             budget (80% or $513k of $643k budget
                                                                             spent) – variable operating costs from
                                                                             facility reopening earlier than budgeted
                                                                             following COVID-19 pandemic related
                                                                             closures - offset by additional revenues
                                                                         •   Schoolies-related costs $80k unbudgeted –
                                                                             to be addressed at Budget Review 3


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