2016-09-12 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                      12 SEPTEMBER 2016


Recurrent Expenditure (YTD Benchmark 16.7%)

Operating expenditure is currently 17% of the full year budget forecast. Detailed commentary for
each expenditure category appears below.
 Employee Costs – Actuals of $4.4m against the YTD budget of $4.4m and equates to 15% of
   the full year budget.
 Materials and Services – $7.4m (18%) of the full year budget has been expended compared
   to the YTD budget of $8.1m. Variances relate to under-expenditure against contract services.
   Specifically, there is under-expenditure against insurance costs ($53k); Civil Operations
   ($136k); Waste operations ($136k); ICT Services ($98k); Library Services ($81k); and
   Property & Facilities ($91k).
 Finance Costs – costs for merchant fees are currently below YTD budget.
 Depreciation expenses - in accordance with YTD budget.
 Other Expenses – in accordance with YTD budget.

Figure 3: Recurrent Expenditure Position by Type
 $9
 $8
                                                      YTD Budget ($m)
 $7
 $6                                                   YTD Actual ($m)

 $5
 $4
 $3
 $2
 $1
 $0
                                      Finance Costs
                         Materials




                                                               Depreciation
           Employees




                                                                              Other




Capital Revenue

YTD capital revenue of $1.6m received includes $907k of cash contributions from developers,
together with $758k received as grant funding towards capital projects. Note that the timing of the
receipt of developer contributions is unpredictable, with 52% of the full-year budget already
received reflecting the current level of development activity in the shire.

Capital Works Program

Actual capital expenditure (excluding commitments) is $1.8 million against the revised full-year
budget of $27 million. Committed expenditure totals a further $1.2 million bringing the total of
actual and committed funds to $3 million (11% of the total program). Program planning and
delivery is subject to ongoing review, with further adjustments anticipated as part of the
September and December Quarter budget reviews. Detailed discussion of progress in the
delivery of the capital works program is provided through a separate report by the Infrastructure
Planning & Design Manager.



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