2020-04-30 Ordinary Meeting Agenda

ORDINARY MEETING AGENDA                                                                                          30 APRIL 2020


 Category             Summary                                       Comments
 Unitywater           On track                                          Unitywater distributions are fixed each year so
 Distributions                                                           little budget variance risk
                                                                        Unitywater have advised that distributions will not
                                                                         change due to any COVID-19 impacts on its
                                                                         financial position

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

  $8.0                                     $7.5
                                                  $7.1
  $7.0
                                                                             YTD Budget ($m)
  $6.0   $5.2 $5.4
                                                                             YTD Actual ($m)
  $5.0
  $4.0
                                                                                      $3.0 $3.2   $3.1 $3.1
  $3.0
  $2.0                              $1.3
                      $1.1                               $1.0 $0.9
                                                                        $0.8 $0.9
  $1.0
  $0.0
                                            Goods &




                                                          Income




                                                                            Other
            Charges




                                                                                        Grants




                                                                                                    Unitywater
                                            Services
                                            Sales of




                                                           Rental
                         Interest
            Fees &




                                                                                                     Share of
Operating Expenditure (YTD Benchmark 75.0%)
Actual operating expenditure is currently 71% ($70.7 million) of full year budget ($99.8 million).
Detailed commentary for each expenditure category is provided below.

 Category             Summary                                       Comments
 Employee Costs       $23.5 million (70%) of the                        Under expenditure for permanent staff salaries
                      annual budget of $33.5                             and wages ($2.1 million) partially offset by
                      million has been expended                          additional spend on casual staff and external
                                                                         labour hire ($839k)
                                                                        Employee overtime and allowances $331k above
                                                                         YTD budget (110% or $1.0 million of $953k
                                                                         budget spent) in part due to recent fire events
                                                                        Staff training $41k below budget (39% or $133k
                                                                         of $337k budget spent) – impacted on staff travel
                                                                         restrictions due to the COVID-19 pandemic
 Materials and        $31.8 million (69%) of the                        Waste Management materials and services
 Services             $45.9 million annual budget                        $474k below YTD budget (68% or $7.3 million of
                      has been expended.                                 $10.6 million budget spent) primarily due to landfill
                                                                         and collection contract under expenditure
                                                                        Holiday Parks $133k below YTD budget (64% or
                                                                         $882k of $1.4 million budget spent) – delay in
                                                                         planned opening of North Shore Campground
                                                                         (offset by lower revenue and COVID-19 related
                                                                         closure)
                                                                        Community Properties $122k below YTD budget
                                                                         (39% or $172k of $444k budget spent) – timing of
                                                                         maintenance and utility charges



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