2018-08-07 Services and Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                          7 AUGUST 2018


REPORTS FOR NOTING BY THE COMMITTEE
9                        NOOSA HOLIDAY PARKS UPDATE REPORT TO 30 JUNE 2018
DOCUMENT INFORM AT ION




Author                           Property Manager, Clint Irwin
                                 Corporate Services Department

Index                            ECM/ Subject: 8:16 Camping and Caravan Facilities (General)

Attachments                      Nil



EXECUTIVE SUMMARY
Not Applicable

RECOMMENDATION
That Council note the report by the Property Manager to the Services & Organisation Committee
Meeting dated 7 August 2018 providing an update on operations of the Noosa Holiday Parks for
the period 1 January 2018 to 30 June 2018.


REPORT
Council operates one holiday park and two campgrounds offering a wide variety of unique
experiences for visitors. These Council business activities operate under management
agreements with varying terms to suite the scale of the operation, and are administered by
Council’s Property branch. This report provides an update on the business activities for the
period 1 January 2018 to 30 June 2018.

FINANCIAL PERFORMANCE

                                                 2017/18      2017/18     2017/18        %
                                                                                                      YTD
       TOTAL BUSINESS ACTIVITY                  Original      Current        YTD    Current
                                                                                                  Variance
                                                 Budget       Budget      Actuals   Budget
       Total Revenue                           3,140,897    3,190,897   3,246,655   101.7%           55,758
       Total Expenditure                       2,221,165    2,221,217   2,316,450   104.3%         (95,234)
       Operating Surplus                         919,732      969,680     930,205                  (39,476)

Key Comments Total Business Activity

Financial performance for the total business activity is slightly negative, with revenue above
budget due to strong patronage and expenses exceeding budget. These expenses relate
primarily to unplanned operational expenses which are further described below.

                                                 2017/18      2017/18    2017/18          %           YTD
       Boreen Point Campground                   Original     Current       YTD      Current      Variance
                                                 Budget       Budget     Actuals     Budget
       Total Revenue                             481,812      481,812    489,979     101.7%           8,167
       Total Expenditure                         358,664      358,672    389,273     108.5%        (30,600)
       Operating Surplus                         123,148      123,140    100,706                   (22,434)




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