2020-05-12 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                                 12 MAY 2020



                                      2019-20         2019-20          2019-20          %
       Statement of Expenses          Current          YTD               YTD          Current          YTD
                                      Budget          Budget           Actuals        Budget         Variance

Employee Benefits                        874,328         433,404          428,713          49.0%            4,692
Finance Costs                            176,923          88,461           88,466          50.0%                  (5)
Materials & Services                  10,641,285       5,144,331        4,806,769          45.2%         337,562
Depreciation & Amortization              761,157         380,578          380,578          50.0%                   0
Other Expenses                              328              164             591          180.4%            (427)
Internal Charges                       1,470,894         735,447          738,637          50.2%          (3,191)
Competitive Neutrality                 1,100,236         550,116          550,116          50.0%                   0
Total Expenses                        15,025,150       7,332,502        6,993,870          46.5%         338,631




                                     Waste Management

10,000,000
 9,000,000
 8,000,000
 7,000,000
 6,000,000
 5,000,000
 4,000,000
 3,000,000
 2,000,000
 1,000,000
         0
                     Total Revenue                 Total Expenditure             Net Result - Surplus/(Deficit)

                                            2019-20             2019-20
                                            YTD                 YTD
                                            Budget              Actuals



Budget Commentary

For the six month period to December 2019 the Waste Management Teams delivered an operating
surplus of $1,900,287 which is $289,367 favourable to budget. Expenditure was $338,631 below
estimates which was partially offset with slightly lower revenues of $49,264.

Capital Work Projects

    Upgarade of Gravel Road Behind the Transfer Station and Reviva Sales Area
      All tender contract documents for ITQ1920Q058 for the Supply of all Reinforcing, Placement
      and Finish of Premix Concrete were finalised by 31 December 2019 and were uploaded into
      Vendor Panel marketplace in early January 2020. The project is expected to be completed
      by the 30 June 2020.



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