2016-08-09 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                                  9 AUGUST 2016


11                        NOOSA AQUATIC CENTRE (NAC) FULL YEAR REPORT TO 30 JUNE 2016
DOCUMENT INFORM AT ION




Author                               Noosa Aquatic Centre Coordinator, Stephen James
                                     Community Services
Index                                ECM/ Subject/ 72.02 Noosa Aquatic Centre
Attachments                          Nil

EXECUTIVE SUMMARY
Not applicable

RECOMMENDATION
That Council note the report by the Noosa Aquatic Centre Coordinator to the Services &
Organisation Committee meeting dated Tuesday 9 August 2016, providing an update on the
activities of the Noosa Aquatic Centre for the 2015/16 financial year.

REPORT
The purpose of this report is to advise Council of the Noosa Aquatic Centre’s (NAC) activities for
the year ending 30 June 2016.
The NAC comprises a 50m Olympic-sized pool, 25m pool, warm down pool/learn to swim pool,
toddlers’ wading pool, fitness studio, change rooms and amenities operations. The NAC also
oversees the maintenance of the Sunshine Beach Skate Park.
The NAC provides a broad range of aquatic and leisure programs including recreational
swimming, learn to swim (LTS) programs, elite squad training, aqua aerobics and water polo, as
well as circuit classes and general gym usage in the fitness studio.
1.                        FINANCE
The objective of all services within the Community Facilities branch is to balance the demands of
access, equity and community service obligations with sound financial management and
improving revenue through innovative and entrepreneurial approaches, while at the same time
seeking to minimise operational costs.
NAC YTD financial performance as at 30 June 2016*

                                                     2015/16      2015/16       2015/16         %
                         Statement of Income and
                                                     Current       YTD            YTD         Current     YTD
                                Expenses
                                                     Budget       Budget        Actuals       Budget    Variance

   Total Revenue                                      1,548,197    1,548,197     1,581,762     102.2%        33,565
   Total Expenditure                                  2,177,097    2,177,097     2,187,282     100.5%      (10,185)
   Operating Result                                   (628,901)    (628,901)     (605,520)                   23,380

   Expenditure Summary
   Employee Benefits                                  1,069,185    1,069,185     1,054,694      98.6%        14,490
   Materials & Services                                 644,876      644,876       663,905     103.0%      (19,029)
   Finance Costs                                              0            0            (0)    100.0%             0
   Other Expenses                                           956          956           956     100.0%             0
   Depreciation & Amortization                          157,911      157,911       157,911     100.0%             0
   Internal Charges                                     304,169      304,169       309,815     101.9%       (5,646)
   Competitive Neutrality                                     0            0              0      0.0%             0
   Total Expenditure                                  2,177,097    2,177,097     2,187,282                 (10,185)
*Please note the figures above are interim 2015/16 results only as final figures were
unavailable at the time of compiling this report.

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