2022-02-08 Services & Organisation Committee Meeting Agenda

SERVICES & ORGANISATION COMMITTEE MEETING REPORT                         8 FEBRUARY 2022


Boreen Point Campground
                     2021/22      2021/22        2021/22
 Boreen Point                                                   % Current    YTD
                     Original     Current        YTD
 Campground                                                     Budget       Variance
                     Budget       Budget         Actuals
 Total Revenue       $468,542     $495,260       $342,154       69.09%       $153,106
 Total Expenditure   $449,277     $465,937       $313,303       67.24%       $152,634
 Operating
                     $ 19,265     $ 29,323       $ 28,852                    $     471
 Surplus/(Deficit)


                                                    • Actual revenue YTD has exceeded
                                                      budget due to conservative Covid-
                                                      19 revenue assumptions and strong
                                                      operations.
                                                    • End of year revenue is expected to
                                                      achieve similar levels to the
                                                      previous financial year.
                                                    • Actual operating expenses are
                                                      trending to slightly exceed budget
                                                      largely due to variable operating
                                                      costs.

Noosa River Holiday Park
                     2021/22      2021/22        2021/22
 Noosa River                                                    % Current    YTD
                     Original     Current        YTD
 Holiday Park                                                   Budget       Variance
                     Budget       Budget         Actuals
 Total Revenue       $1,907,462   $1,907,462     $1,086,900     56.98%       $820,562
 Total Expenditure   $1,217,931   $1,217,931     $ 706,868      58.04%       $511,063
 Operating
                     $ 689,531    $ 689,531      $ 380,032                   $309,499
 Surplus/(Deficit)


                                                      • Actual revenue has exceeded
                                                        budget due to conservative Covid-
                                                        19 revenue assumptions and strong
                                                        operations.
                                                      • End of year revenue is expected to
                                                        stabilise to pre-Covid-19 levels.
                                                      • Actual operating expenses have
                                                        slightly exceeded the current budget
                                                        due to variable operating costs,
                                                        emergent asset renewal works and
                                                        vegetation management.

Noosa North Shore Beach Campground
                      2021/22        2021/22       2021/22
North Shore                                                      % Current         YTD
                      Original       Current        YTD
Campground                                                        Budget         Variance
                       Budget        Budget        Actuals
Total Revenue         $575,616       $788,616      $542,770        68.83%        $ 245,847
Total Expenditure     $560,829       $783,886      $524,608        66.92%        $ 259,278
Operating
                      $ 14,787       $   4,703      $ 18,163                     $ (13,460)
Surplus/(Deficit)




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