2019-11-18 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   18 NOVEMBER 2019




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GENERAL COMMITTEE MEETING AGENDA                                                                       18 NOVEMBER 2019

     Noosa Shire Council
     2019/20 Budget Statements
     For the period ending 30 June
[Anat Resutt                                  |      ett |       eee | Recreate
                                                                Budg
                                                    2019         2020        rir)        PIPL)      2021       2022         2023       rire!     Fy)          2026         Lira       2028        Fira:
     Statement of Cash Flows                         +R)         A           eR)        PAU         eau)        A          PA          Ae          A          SAY         AAU)        $,000      ER
   Cash flows from operating actives                 rr          ee           ee
      Receipts from customers                     S$   92507/$    984812] $   85,.933|$   985.989) $ 88766   $   91.328  $   93.982  $  96,745  $   99507   $ 102434    $ 105.419  $ 108456    $ 111,485
       Payments to suppliers and employees       ($   78,821) |($ 78.407) |(S 79,620) |(S 84,340) |($ 81,821) (S$ 83.901) ($ 86,088) (S$ 88.474) ($ 90,086) ($ 93,976) (S  97.277) ($ 101,186) ($ 104,034)
       Dividend received                          $     3241]/$    3.050|/$    3050/$      3,050)/S   3050   $    3,050  $    3,050  $   3050   $    3,050  $    305    $   3050   $    3,050  $    3,050
       Interest received                          S$    4763/$     4010)$      4010|$      4.010)$    4336   $    4264   $    4201   $   4,181  $    4210   $    4268   $   42305  $    4412   $    4518
      Rental income                               $     1281]$     1.202/$     1201/$      1200/$      1353  $    1300   $    1425   $    1481  $    1497   $    153%   $    1573  $    1612   $    1,652
       Non-capital grants and contributions       $     5447/$     5113)$      5109/$      4976/$     4999   $    5001   $    5002   $   5004   $    5003   $    5005   $   5006   $    5008   $    5,007
      Borrowing costs                            (s      133) }($  1.183) }(S  1,183) }(S = 1.271) |(S += 1.132) (S 989) (S    836) (S    676) (S$    502) (S     319) S      141) ($     76) ($      65)
      Other cash flows from operating activities  $       -   |      11) |(S     11) |S      11) |(S     11)        12) ($      12) (S$     12) ($     12) (S$     12) (S      12) ($     12) ($      12)
      Net cash flow from operating activities                                         $   13673/  $  19,540  $   20132   $   20,724  $  21,279  $   21,767  $   21,984  $  21,921  $   21,264  $   21,600
    Cash flows from investing activities
       Payments for property, plant and equipment ($  24.848) |($ 26,999) |/(S 28,817) |($ 28,809)/(S$ 28,617) (S 25.018) ($ 23,534) (S$ 21.309) ($ 19,324) (S$ 20,755) (S 18.785) ($  19,208) (S$ 17.648)
       Payments for intangible assets            (S$   1.347) |($  1,400) |(S 2,063) /(S  2.063) |($   450) (S$    300) (S     300) (S$   300) (S$    300) (S     300) (S$   300) ($     300) (§     300)
       Grants, subsidies, contributions and donations $ 5140/$     6712)$      8088/$      7415/$     7513   $    3663   $    3936   $   3936   $    3236   $    323%   $   3436   S$   3036   $    3,436
      Other cash flows from investing activities  $       -    $      10) $       10|$       10)  $      10  $       10  $      11   °$     11  $       11°¢$       12  $      12  $       12  $       12
      Net cash flow from investing activities                             ($ 22,782) |($ 23,447) |($ 21,544) ($ 21,645) ($  19,887) ($  17,751) ($ 16,377) ($  17,807) ($  15,637) ($ 16,460) ($  14,500)
    Cash flows from financing activities
      Proceeds from borrowings                                 $     -    $      -    $      -    $     -    $      -    $      -    $     -    3      -    $      -    $     -    $      -    $      -
       Repayment of borrowings                                (S$  2,352)|(S  2.352) |(S  2.264)|(S   2414) (S   2.557) ($   2,710) (S   2870) ($   3,044) (S$  3,227) (S   2.686) (S$   340) (S     350)
      Net cash flow from financing activities    ($   15,290) }($  2,352) |($ 2,352)             ($   2,414) ($  2,557) ($   2,710) ($   2,870) ($  3,044) ($   3,227) ($   2,686) ($    340) ($     350)
    Total cash flows
    Net change in cash and cash equivalentheld [($__ 8,212) [($ 5.352) [($ _ 6,555) [($ 12,038) |($   4,418) ($  4,071) ($   1873)   $     657  $    234    $     950   $   3598   $    4465   $    6,750
    Opening cash and cash equivalents            a ee                    ee $                        43942   $   39524   $   35,454  $  33,581  $   34,238  $   36,584  $  37,534  $   41,132  $   45,597
    Closing cash and cash equivalents           |$ 55,981|$ 38,144|$ 36941] $ 43942] $               39,524  $   35,454  $   33,581  $  34238   $   36,584  $   37,534  $  41,132  $   45,597  $   52,347
    Note: The 2019/2020 opening cash balance refiects a $10 million early repayment of loan borrowings made at Council meeting
     dated 16 May 2019, and subsequent to adoption of the current budget on 18 April 2019.

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