2020-04-30 Ordinary Meeting Agenda

ORDINARY MEETING AGENDA                                                                                               30 APRIL 2020


Capital Revenue
YTD capital revenue of $6.8 million received comprises cash contributions from developers ($1.7
million) and capital grants ($5.0 million). Included in capital revenue is an unbudgeted grant for
bushfire disaster recovery ($1.3 million) and an early milestone grant payment for the Orealla bridge
replacement project ($1.4 million). Note that the timing of capital grant receipts are generally
dependent on the timing of grant conditions and also capital delivery performance, and that the timing
of the receipt of developer contributions (both cash and contributed) is unpredictable.

Figure 4: Capital Revenue by Type

 $6.0
                                                                        $5.0
 $5.0
                                                                                  YTD Budget ($m)
                                                                                  YTD Actual ($m)
 $4.0

 $3.0                                                $2.7


 $2.0          $1.7                   $1.7


 $1.0
                                                                                         $0.1                  $0.1
 $0.0
                      Contributions




                                                                                                 Contributed
                                                            Subsidies
                                                             Grants /




                                                                                                   Assets
                         Cash




Capital Program
Actual capital expenditure (excluding contractual commitments) is $15.5 million (YTD budget $19.8
million). Detailed discussion of progress in the delivery of the capital works program is provided
through a separate report by the Asset Planning Manager.

Figure 5: Capital Program Delivery Performance

$18.0                   $16.8

$16.0
                                             $13.6      YTD Budget ($m)
$14.0                                                   YTD Actual ($m)
$12.0
$10.0
 $8.0
 $6.0
 $4.0                                                                          $3.0
                                                                                             $1.9
 $2.0
 $0.0
                                Capital works                                    Other capital




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