2019-03-18 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                      18 MARCH 2019


 Category                Summary                                    Comments
                                                                     Community Development grants $103k below
                                                                       budget due to timing of grant allocations (76% or
                                                                       $746k of $982k budget spent)
                                                                     Beaches and Canals contract maintenance
                                                                       services $102k below YTD budget (42% or $317k
                                                                       of $755k budget spent)
                                                                     Fleet fuel costs $83k below YTD budget (51% or
                                                                       $280k of $546k budget spent)
                                                                     ICT equipment lease costs $48k below YTD budget
                                                                       due to timing of PC replacement program (27% or
                                                                       $57k of $209k budget spent)
                                                                     Cemetery operations $51k below YTD budget (36%
                                                                       or $63k of $177k budget spent)
                                                                     Arborist services $35k above YTD budget (71% or
                                                                       $639k of $898k budget spent)
                                                                     Development assessment legal appeals costs
                                                                       $211k above YTD budget (105% or $595k of $568k
                                                                       budget spent) – offset by additional development
                                                                       fee revenue received above YTD budget
 Finance Costs           On track                                   Nil
 Depreciation            On track                                   Nil
 Other                   On track                                   Nil
 Expenses


Figure 3: Operating Expenditure Position by Type

 $30
                                                YTD Budget ($m)
 $25                                            YTD Actual ($m)

 $20

 $15

 $10

  $5

  $0
                                    Materials




                                                    Finance Costs




                                                                              Depreciation
             Employees




                                                                                             Other




Capital Revenue
YTD capital revenue of $4.1 million received comprises cash contributions from developers ($1.3
million), capital grants ($1.2 million) and contributed assets ($1.6 million). Note that the timing of
capital grant receipts are generally dependent on the timing of grant conditions and also capital
delivery performance, and that the timing of the receipt of developer contributions (both cash and
contributed) is unpredictable.




                                                                                                          Page 9 of 15