FINANCIAL PERFORMANCE REPORT - DECEMBER 2025 · Report

GENERAL COMMITTEE MEETING                                                       19 JANUARY 2026




Operating Expenditure
At 31 December 2025, actual operating expenditure was 48.1% or $73.3m of the full year budget of
$152.2m with detailed commentary on major variances outlined in the following table.




Major employee benefit variances by branch are outlined in the following table with the significance
overspend in Infrastructure Planning, Design and Delivery mainly attributable to unbudgeted job
costing expenses that will be reviewed as the year progresses to determine if expenditure can be
attributed to capital works.