2018-05-14 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                          14 MAY 2018


Category                   Summary                            Comments
Materials and Services     $32.0 million (77%) of the          Environmental Services $124k below
                           $41.7 million annual budget           YTD budget (64% or $701k of $939k
                           has been expended.                    budget spent)
                                                               ICT maintenance, licences and
                                                                 telecommunication charges $126k below
                                                                 YTD budget (73% or $2.4m or $3.3m
                                                                 budget spent)
                                                               Fleet and Plant $94k below YTD budget
                                                                 (79% or $1.9m of $2.4m budget spent)
                                                               Community Development $66k below
                                                                 YTD budget (78% or $1.0m of $1.3m
                                                                 budget spent)
                                                               Libraries and Galleries below $63k YTD
                                                                 budget (74% or $1.3m of $1.7m budget
                                                                 spent)
                                                               Caravan Park contract services $61k
                                                                 above YTD budget (89% or $1.1m of
                                                                 $1.3m budget spent) – offset by
                                                                 increased holiday parks revenue
                                                               Development appeal costs $177k above
                                                                 YTD budget (104% or $853k of $816k
                                                                 budget spent)

Finance Costs              On track                           Nil

Depreciation               On track however road and                     Interim and final year reporting will
                           bridge asset revaluations                       include revaluation impacts on
                           may have impacts                                depreciation

Other Expenses             On track                           Nil


Figure 3: Operating Expenditure Position by Type
 $35
                                          YTD Budget ($m)
 $30
                                          YTD Actual ($m)
 $25
 $20

 $15
 $10
  $5

  $0
                                              Finance Costs
                              Materials




                                                                    Depreciation
               Employees




                                                                                           Other




Capital Revenue
YTD capital revenue of $4.5 million received comprises cash contributions from developers
($1.5m), contributed assets from developers ($1.0m) and capital grants ($2.0m). Note that the
timing of capital grant receipts are generally dependent on the timing of associated capital
expenditure, and that the timing of the receipt of developer contributions (both cash and
contributed) is unpredictable.

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