2022-02-14 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                      14 FEBRUARY 2022


 Category                 Summary                         Comments
                          budget has         been
                          earned
 Operating                $3.2 million (55%) of           •   Operating grants are in line with budget expectations at
 Grants,                  the    $5.9    million              this stage.
 Subsidies                annual budget has               •   50% ($1.2 million) of the financial assistance grant was
                          been received                       again prepaid in June 2021 and may impact on Council’s
                                                              2021/22 final operating position if the prepayment
                                                              approach is discontinued by the Australian government.
 Unitywater               On track                        •   Unitywater distributions are fixed each year so little
 Distributions                                                budget variance risk

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

   $8.0
                                                    $7.4
                                             $6.6                                      YTD Budget ($m)
   $7.0
                   $5.7                                                                YTD Actual ($m)
   $6.0     $5.3
   $5.0
   $4.0
                                                                                              $3.2 $3.3
                                                                                                           $2.6 $2.6
   $3.0
   $2.0
                                                                $1.2 $1.3
                                                                                $0.6 $0.6
   $1.0
                              $0.4 $0.4
   $0.0
               Charges




                                                                    Income




                                                                                    Other




                                                                                                              Unitywater
                                               Goods &




                                                                                                  Grants
                                               Services
                                               Sales of




                                                                     Rental
                                  Interest
               Fees &




                                                                                                               Share of
Operating Expenditure (YTD Benchmark 58.3%)
Actual operating expenditure is currently 54% ($59.3 million) of full year budget ($110.1 million).
Detailed commentary for each expenditure category is provided below.

 Category                 Summary                               Comments
 Employee                 $20.8 million (55%) of the            •       YTD under expenditure for permanent staff
 Costs                    annual budget of $38.1 million                salaries and wages ($2.5 million) due to position
                          has been expended                             vacancies, partially offset by additional spend
                                                                        on casual staff and external labour hire ($1.0
                                                                        million).
 Materials and            $26.3 million (51%) of the            •       Waste Management $271k below YTD budget
 Services                 $51.1 million annual budget                   (54% or $6.1 million of $11.3 million annual
                          has been expended.                            budget spent)
                                                                •       Environment Services costs $333k below YTD
                                                                        budget (27.3% or $981k of $3.6 million annual
                                                                        budget spent) – COVID-19 impacts on staff
                                                                        have delayed project delivery YTD.
                                                                •       Libraries & Galleries $221k below YTD budget
                                                                        (43% or $777k of $1.8 million annual budget
                                                                        spent) – timing of programs
                                                                •       Development Assessment $90k below YTD
                                                                        budget (44% or $741k of $1.3 million annual
                                                                        budget spent) – timing of development appeal
                                                                        costs.

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