2020-04-30 Ordinary Meeting Agenda

ORDINARY MEETING AGENDA                                                                                      30 APRIL 2020


 Category                   Summary                                   Comments
                                                                       Canals and Waterways $116k below YTD budget
                                                                         (23% or $38k of $166k budget spent) – timing of
                                                                         contracted canal dredging works
                                                                       Library services $81k below YTD budget (60% or
                                                                         $642k of $1.1 million budget spent) – timing of
                                                                         library collection purchases and programs
                                                                       Public Amenity materials and services $63k below
                                                                         YTD budget (67% or $330k of $495k budget
                                                                         spent)
                                                                       Disaster Management $100k above YTD budget
                                                                         (419% or $100k of $27k budget spent) –traffic
                                                                         control and other contract costs associated with
                                                                         fire events. QRA grant claim has been submitted
                                                                         to partially recover costs.
                                                                       Hastings Street Maintenance Levy $266k above
                                                                         YTD budget (217% or $489k of $225k budget
                                                                         spent) – tree lighting replacement program to be
                                                                         funded from reserve
                                                                       Development assessment legal appeals costs
                                                                         $137k above YTD budget (95% or $952k of $1.0
                                                                         million budget spent)
                                                                       Development application costs $119k above YTD
                                                                         budget (194% or $194k of $100k budget spent)
 Finance Costs              On track                                  Nil
 Depreciation               On track                                  Nil
 Other Expenses             On track                                  Nil

Figure 3: Operating Expenditure Position by Type

$35.0                             $32.5 $31.8
                                                                      YTD Budget ($m)
$30.0
            $24.2 $23.5
                                                                      YTD Actual ($m)
$25.0

$20.0
                                                                              $14.0 $14.1
$15.0

$10.0

 $5.0
                                                   $1.1 $1.2
                                                                                                 $0.2 $0.2
 $0.0
                                       Materials




                                                                                  Depreciation
                Employees




                                                      Finance Costs




                                                                                                    Other




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