Financial Performance Report – Jun 2025 · Financial Performance Report

GENERAL COMMITTEE MEETING                                                              14 JULY 2025



Operating Expenditure (YTD Benchmark 100.0%)
Actual operating expenditure is currently 96.2% ($135.7 million) of the full year budget ($141.1
million). Detailed commentary for each expenditure category is provided below.

 Category            Summary                        Comments
 Employee Costs      $52.2 million (98.2%) of the      •   Expenditure for permanent staff salaries
                     annual budget of $53.1                and wages underspent ($2.5 million) due
                     million has been expended             to position vacancies and the recoupment
                                                           of vacancy dividend. This underspend is
                                                           offset by additional spend on casual staff
                                                           and external labour hire ($1.7 million).
                                                       •   The renegotiation of the Council's certified
                                                           agreement is ongoing, although unions
                                                           have agreed in principle to Council’s
                                                           Certified Agreement offer. Accordingly,
                                                           backpay commencing March 2025
                                                           consistent with this offer has been accrued
                                                           and is reflected in the interim
                                                           results. Noting, that further year end
                                                           adjustment and provisions will be
                                                           processed as part of Council Annual
                                                           Financial Statements.
                                                       •   Training costs are at $449.8k YTD or
                                                           116.5% of the annual budget spent
                                                           ($386.1k)
 Materials and       $59.2 million (94.3%) of the      •   Civil Operations $803.1k above FY budget
 Services            $62.8 million annual budget           (108.7% or $10.1 million of $9.3 million
                     has been expended.                    annual budget spent)
                                                       •   Utilities Management $182.9k above FY
                                                           budget (116.3% or $1.3 million of $1.1
                                                           million annual budget spent)
                                                       •   Holiday Parks $129.6k above FY budget
                                                           (105.1% or $2.7 million of $2.6 million
                                                           annual budget spent) however this is
                                                           offset by additional revenue
                                                       •   Disaster Management $89.9k above FY
                                                           budget (245.4% or $151.9k of $61.9k
                                                           annual budget spent) This includes costs
                                                           relating to local disaster coordination
                                                           centre established for Tropical Cyclone
                                                           Alfred.
                                                       •   Fleet $69.7k above YTD budget (104.3%
                                                           or $1.7 million of $1.6 million annual
                                                           budget spent)
                                                       •   Strategic Land Use Planning $908.4k
                                                           below YTD budget (50.0% or $907.9k of
                                                           $1.8 million annual budget spent) $703.1k
                                                           relates to grant funded programs yet to be
                                                           delivered
                                                       •   Environmental       Services      (excluding
                                                           environment levy programs) $284.6k
                                                           below FY budget (77.5% or $982.1k of
                                                           $1.3 million annual budget spent).
                                                       •   Waste Management $301.1k below YTD
                                                           budget (98.0% or $14.5 million of $14.8
                                                           million annual budget spent)