2017-11-13 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                                              13 NOVEMBER 2017


Figure 2: Operating Revenue Position by Type (Excluding Rates)
 $4.5
                                            YTD Budget ($m)
 $4.0
                                            YTD Actual ($m)
 $3.5
 $3.0
 $2.5
 $2.0
 $1.5
 $1.0
 $0.5
 $0.0




                                                                                                     Other




                                                                                                                     Grants
            Fees




                         Dividend




                                                                                Tax
                                                    Interest




Operating Expenditure (YTD Benchmark 33.3%)
Actual operating expenditure is currently 31.3% ($28.9 million) of full year budget ($92.2 million).
Detailed commentary for each expenditure category is provided below:
    Employee Costs – $8.9 million (29.5%) of the annual budget of $30.3 million has been
      spent, which is in line with YTD budget.
    Materials and Services – $12.9m (31.6%) of the $40.7 million annual budget has been
      spent. Contract services are below YTD budget ($330k) across a range of areas including
      Libraries, Waste Management, Economic Development, Community Development as well
      as Infrastructure Planning and Design.
    Finance Costs – in accordance with YTD budget.
    Depreciation Expense – in accordance with YTD budget.
    Other Expenses – $7k ahead of YTD budget (additional emergency management levies on
      Council properties).

Figure 3: Operating Expenditure Position by Type
 $14
 $12
                                                               YTD Budget ($m)
 $10
                                                               YTD Actual ($m)
  $8
  $6

  $4
  $2
  $0
                                                                Finance Costs
                                    Materials




                                                                                      Depreciation
             Employees




                                                                                                             Other




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