2018-05-14 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                                    14 MAY 2018


Figure 4: Capital Revenue by Type
 $3.0
                                                                            YTD Budget ($m)
 $2.5                                                                       YTD Actual ($m)

 $2.0

 $1.5

 $1.0

 $0.5

 $0.0




                                                                                               Contributed assets
                  Cash contributions




                                                       Grants / subsidies




Capital Program
Actual capital expenditure (excluding commitments) is $19.1 million (YTD budget $25.3 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
$25.0
                                                                             YTD Budget ($m)
                                                                             YTD Actual ($m)
$20.0


$15.0


$10.0


 $5.0


 $0.0
                                       Capital works                             Other capital




Cash Management and Investment Performance
Total cash on hand at the end of April was $80 million. Included in this balance, are funds held in
trust and for restricted purposes (e.g. unexpended levy and grant funds) and monies committed
for funding capital projects during the year. The cash balance will progressively reduce towards
budget level over the remainder of the financial year as operational and capital expenditure
outstrips expected revenue.

The pie charts following present the mix of cash held at April 2018 by agency (graph on the left)
and by credit risk rating (graph on the right).



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