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2019-10-14 General Committee Agenda
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AGENDA
General Committee
Meeting
Monday, 14 October 2019
commencing at 10am
Council Chambers, 9 Pelican Street, Tewantin
Committee: Crs Frank Wilkie (Chair), Jess Glasgow, Ingrid Jackson,
Joe Jurisevic, Frank Pardon, Brian Stockwell, Tony Wellington
“Noosa Shire – different by nature”
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Section 2
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
TABLE OF CONTENTS
ITEM PAGE
ATTENDANCE & APOLOGIES -
PRESENTATIONS -
DEPUTATIONS -
ITEMS REFERRED FROM PLANNING & ENVIRONMENT COMMITTEE -
1 PROPOSED LOCAL LAW AMENDMENTS - ADVERTISING DEVICES - POST
PUBLIC CONSULTATION PROPOSED CHANGES
(Planning & Environment Committee Agenda, 8 October 2019, Item 3, Page 35)
Reason for referral – Significance of the issue)
ITEMS REFERRED FROM SERVICES & ORGANISATION COMMITTEE -
Nil.
REPORTS DIRECT TO GENERAL COMMITTEE 3
2 PUBLIC QUESTION TIME GUIDELINE 3
3 FINANCIAL PERFORMANCE REPORT - SEPTEMBER 2019 9
CLOSED SESSION -
Page 2 of 21
Section 3
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
REPORTS DIRECT TO GENERAL COMMITTEE
2 PUBLIC QUESTION TIME GUIDELINE
DOCUMENT INFORM AT ION
Author Chief Executive Officer, Brett de Chastel
CEO’s Office
Index ECM/ Subject/ Council Meetings General
Attachments 1. Draft Public Question Time Guideline
EXECUTIVE SUMMARY
Not applicable.
RECOMMENDATION
That Council note the report by the Chief Executive Officer to the General Committee Meeting
dated 14 October 2019 and adopt the Public Question Time Guideline provided as Attachment 1
to the report.
REPORT
On 15 August 2019, Council adopted a new set of Standing Orders for Council Meetings which
made the provision for a public question time to be held at Council’s Ordinary meetings. The
Standing Orders prescribed that “Public Question Time Guidelines must be adopted by Council
resolution and set out the purpose, format, obligations and requirements for the conduct of public
question time”.
The draft Public Question Time Guideline provided as Attachment 1 to this report has been
developed following research into the policies and procedures in place at other councils around
Australia.
As outlined in my report to Council in August 2019, feedback from other councils who have public
question time in place is that it is important to clearly articulate the purpose. Public question time
works best when used to raise genuine questions about a matter within the jurisdiction of
Council, to escalate a question where there has not been a response from Council regarding a
matter previously lodged and to seek an update on an issue currently being considered by
Council (e.g. an example might be a follow-up on a petition previously lodged). Public question
time should not be for grandstanding, political point scoring, lodging initial customer requests etc.
The attached draft Guideline has been developed with this in mind.
Previous Council Consideration
Ordinary Meeting Minutes, 15 August 2019, Item 3, Page 13
That Council note the report by the Chief Executive Officer to the Services & Organisation
Committee Meeting dated 6 August 2019 and:
A. Repeal Council’s current Standing Orders and adopt the new Standing Orders for Council
Meetings provided as Attachment 2 to the report subject to the following amendments:
26.3 A Councillor may make a request from, or through, the Chairperson for further
information or ask a question:
Page 3 of 21
Section 4
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
a) before the motion or amendment is seconded; and
b) after the motion or amendment is seconded once the Councillor who moved
the motion has been given the opportunity to speak.
15.5e) the person uses words or actions that discriminate or vilify based on a person’s
race, religion, sexuality or gender identity.
36.5e) the person uses words or actions that discriminate or vilify based on a person’s
race, religion, sexuality or gender identity.
29.4 Deleted
29.5 Deleted
29.6 The Chairperson shall declare the result of a vote or a division as soon as it has
been determined. The names of Councillors voting in the affirmative and in the
negative shall be recorded in the minutes or meeting notes of Council meetings.
31.3 A Councillor or officer to whom a question is asked without notice may request that
the question be taken on notice for, or prior to, the next meeting.
B. Authorise the CEO to make any required minor amendments to the document prior to
publication;
C. Note that the mandated Model Meeting Procedures adopted by Council in December 2018
are now incorporated, without any changes, into the new Standing Orders for Council
Meetings provided as Attachment 2 to the report;
D. Request the Chief Executive Officer to record the names of Councillors and how they voted
on all decisions and recommendations at Council meetings commencing in September
2019;
E. Note that the new Standing Orders include the provision for public question time which
would be undertaken in accordance with Public Question Time Guidelines and request the
CEO to develop such Public Question Time Guidelines for Council adoption noting that the
provisions of the Standing Orders in relation to public question time will not commence until
those Guidelines have been adopted by Council; and
F. Request the Chief Executive Officer to promote the availability of petitions, deputations,
presentations and public question time at Council meetings as one way in which the
community can engage with our Council through our meeting processes and in particular,
update information available on Council’s website in relation to these options as well as
periodically promoting these issues using other Council communication channels.
Finance
Nil.
Risks & Opportunities
If used as intended, Public Question Time will add another mechanism by which our community
can engage with Council on matters that are important to them. However, there is also a risk that
Public Question Time may be used for reasons other than that intended (e.g. political
grandstanding, personal abuse of Councillors or staff etc).
Page 4 of 21
Section 5
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
Consultation
External Consultation - Community & Stakeholder
Nil
Internal Consultation
Executive Team
Departments/Sections Consulted:
X Chief Executive Officer X Community Services X Corporate Services
Executive Officer X Director X Director
X Executive Support Community Development Financial Services
Community Facilities ICT
Libraries & Galleries Procurement & Fleet
Local Laws Property
Waste & Environmental Health Revenue Services
X Executive Services X Environment & Sustainable Development X Infrastructure Services
X Director X Director X Director
Community Engagement Building & Plumbing Services Asset Management
Customer Service Development Assessment Buildings and Facilities
Governance Economic Development Civil Operations
People and Culture Environmental Services Disaster Management
Strategic Land Use Planning Infrastructure Planning,
Design and Delivery
Page 5 of 21
Section 6
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
ATTACHMENT 1
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Page 6 of 21
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
ATTACHMENT 1
| ¢ WwW NOOSA Policy Guideline
mm mi keeeveie PUBLIC QUESTION TIME
Corporate Plan Reference: Theme 5: Excellence as a Council
Endorsed by Council: 17 October 2019
Policy Author: Chief Executive Officer
PURPOSE
The purpose of the Public Question Time Guideline is to detail the format and requirements for the
conduct of Public Question Time at Council meetings. Public Question Time is one way for residents
and ratepayers to raise genuine questions about a matter within the jurisdiction of Council that are
of concern to them. It assists the community to be better informed about Council matters and
provides Council with another mechanism to identify issues of importance to the community.
SCOPE
Public Question Time only applies to Ordinary meetings.of Council. Public Question Time will not
be conducted at Council's Standing Committees or Special meetings.
GUIDELINE
As part of Council’s ongoing commitment to accountability and community engagement, a Public
Question Time session will be available.at each Ordinary meeting of Council. It is an additional, but
certainly not the only way that the community can engage with Council. Our community can already
phone, email, write or meet face to face with Councillors and staff on a range of issues. Public
Question Time is not intended to replace those existing engagement mechanisms which are a very
effective way of interacting with Council.
Questioners and Councillors should be aware that the protection of Parliamentary privilege does not
apply to local government, and any statements or discussion at the Council meeting or any
documents produced are subject to the laws of defamation.
Public Question Time will. be conducted in accordance with the following guidelines:
1. Up to 15 minutes will be allocated at each Ordinary meeting for members of our community to
ask questions of Council regarding any matter of Council business. The matter does not need
to be on the agenda for that meeting. Should the 15 minute time limit be reached Council can,
by resolution:
1.1. grant an extension of time; or
1.2. refer the remaining questions to be heard at the following Ordinary meeting.
2. Public Question Time is not a public forum for debate, making of public statements or making
allegations or derogatory remarks about Councillors or Council staff and is not to be used as
a substitute for the formal complaint processes that Council has in place.
3. All questions (and associated background information) to be asked at a meeting must be:
3.1. submitted in writing using the Public Question Time Form available on Council’s website
and from the Council office;
3.2. lodged by 5pm, 3 business days prior to the Ordinary meeting via email to
or in person at the Council office at 9 Pelican Street, Tewantin.
Page 6 of 21Section 7
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
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GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
POLICY GUIDELINE - PUBLIC QUESTION TME
4. _Amaximum of two questions may be asked per person at each meeting.
5: Questions can only be submitted by Noosa Shire residents and/or ratepayers.
6. Questions (and associated background information) must be clear and unambiguous and not
contain argument on the subject.
7. The Chairperson, in consultation with the Chief Executive Officer, may disallow a question
which:
7.1. is outside the duties, functions and powers of Council;
7.2. is defamatory, indecent, abusive, offensive, irrelevant, trivial or objectionable in language
or substance;
7.3. deals with a subject matter already answered (at the same or any earlier meeting);
7.4. relates to personnel matters;
7.5. relates to a personal matter that is not applicable to the broader community;
7.6. relates to contractual matters that are commercial in confidence;
7.7. relates to legal advice or matters currently before a Court for resolution;
7.8. relates to matters currently subject to an independent investigation, administrative action
complaint or appeal process;
7.9. relates to a matter that due to resources and. research implications will be better dealt
with through the Right to Information processes;
7.10. relates to the personal affairs or actions of Councillors or Council staff;
7.11. is aimed or intended to embarrass Councillors or Council staff;
7.12. relates to any other matter which Council considers would prejudice Council or any
person.
8. Advice will be provided to the applicant prior to the meeting on whether the question meets the
requirements of these guidelines. That determination is to be made by the meeting
Chairperson.
9. The applicant (or their proxy) must be present at the meeting for their question to be heard and
shall follow the direction of the Chairperson.
10. The Chairperson will call each questioner to come forward and state their name, read their
submitted background information and ask their question. Each questioner will be allocated 2
minutes. Questions are to be directed through the Chairperson.
11. The Chairperson, in consultation with the Chief Executive Officer (if required), will nominate a
Councillor or Council staff member to answer the question at the meeting.
12. Where a meaningful response to the question cannot be provided at the meeting by the
Chairperson, Councillors or staff, or a detailed or researched response is required, the question
may be taken on notice, in which case an answer will be provided in writing to the questioner
prior to the next Ordinary meeting. The question and a summary of the response will be
recorded in the minutes of the next Ordinary meeting.
13. No debate or discussion is permitted on any question or answer.
14. The Chairperson will determine when a sufficient response to a question has been provided
and may finalise an address where:
14.1. the time period allowed has expired;
14.2. the person uses insulting or offensive language or is derogatory towards Councillors or
staff members; or
14.3. a person other than the appointed speaker interjects or attempts to address the Council.
Page 7 of 21Section 8
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
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GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
POLICY GUIDELINE - PUBLIC QUESTION TME
15. The question and the name of the questioner will be recorded in the meeting minutes and will
be live streamed and video recorded.
16. Asummary of the answers to questions provided at the meeting will be recorded in the meeting
minutes.
RELEVANT LEGISLATION
Local Government Regulation 2012
Local Government Act 2009
Noosa Council Standing Orders for Council Meetings
Page 8 of 21Section 9
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
3 FINANCIAL PERFORMANCE REPORT - SEPTEMBER 2019
DOCUMENT INFORM AT ION
Author Director Corporate Services, Michael Shave
Corporate Services Department
Index ECM/ Subject/ 22.09 – Monthly Financial Performance Report
Attachments 1. Statement of Income and Expenditure (Profit & Loss and Capital)
2. Statement of Financial Position
3. Statement of Cash Flows
EXECUTIVE SUMMARY
Year to date (YTD) operating performance against current budget as at 30 September 2019
aligns with YTD budget. The budget review 2 (BR2) process is currently underway and will
address any real current budget variations and emergent requests.
YTD Financial Performance Summary
Budget Actual Variance Variance Status
$m $m $m %
Operating Revenue $41.2 $41.7 $0.5 1.2% On Track
Operating Expense $24.7 $23.7 $1.0 4.1% On Track
Operating Position $16.5 $18.0 $1.5 9.1%
Capital Revenue $1.8 $1.8 $0.0 (0.2%) On Track
Capital Expenditure* $7.3 $4.3 $3.0 41.4% Below Budget
* Reflects constructed assets and intangibles only (excludes contributed)
Financial statements including Statement of Income & Expenditure, Statement of Financial
Position (balance sheet), and Statement of Cash Flows are included as attachments for
information for Council.
Figure 1: Actual Performance Compared to Budget
Page 9 of 21
Section 10
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
YTD performance against Council’s key measures of financial sustainability have been calculated
as at September 2019. These indicators enable the reader to assess a council’s success in
managing its budget, cash and debt as well as undertaking sustainable asset management. The
table below contains a snapshot of a number of key measures, with full detail included in the
report.
YTD Measures of Financial Sustainability
Target Target Current Actual Status
Value Date Budget YTD
Operating Surplus Ratio 0-10% 30 June 2020 0.0% 43.1% On Track
Net Financial Liabilities Ratio <60% Ongoing -5.7% -41.1% Above Target
Cash Cover Ratio 3 months Ongoing 5.5 months 11.6 months Above Target
Asset Sustainability Ratio > 90% 30 June 2020 129% 17.5% On Track
RECOMMENDATION
That Council note the report by the Director Corporate Services to the General Committee
Meeting dated 14 October 2019 outlining September 2019 year to date financial performance
against budget, including key financial sustainability indicators.
REPORT
Operating Revenue (YTD Benchmark 25%)
Council has received 42% ($41.6 million) of its operating revenue budget ($99.9 million).
Commentary on each revenue category is provided below.
Category Summary Comments
Rates and Levies $34.6 million (50%) of the General rates $38k above YTD budget (50.1%
annual budget of $68.7 or $25.55 million of $25.51 million budget
million has been earned earned)
Waste utility charges $124k above YTD budget
(51% or $6.5 million of $12.7 million budget
earned)
Fees and $2.4 million (36%) of the $6.7 Development related fees $75k above YTD
Charges million annual budget has budget (29% or $474k of $1.6 million budget
been earned earned)
Local laws fees $42k above YTD budget (50%
or $703k of $1.4 million budget earned)
Plumbing application fees $36k above YTD
budget (34% or $326k of $971k budget earned)
Community land use permits $26k above YTD
budget (44% or $180k of $410k budget earned)
Noosa Community Support fees $13k below
YTD budget (21% or $61k of $295k budget
earned)
Property change of ownership fees $10k below
YTD budget (19% or $36k of $185k budget
earned)
Sale of Goods $2.2 million (21%) of the Noosa Leisure Centre group fitness revenue and
and Services $10.1 million budget has venue hire $42k above YTD budget (31% or
been received $179k of $575k budget earned)
Page 10 of 21
Section 11
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
Category Summary Comments
Noosa Aquatic Centre admission and other
revenue $76k below YTD budget (10% or $147k
of $1.5 million budget earned) – reflecting the
actual closure period being 2 weeks longer than
budgeted.
Waste disposal fees $86k below YTD budget
(23% or $997k of $1.5 million budget earned) –
$126k waste levy budget timing issue to be
resolved.
Interest $442k (11%) of the $1.4 Interest on overdue rates and charges $41k
Received million annual budget has above YTD budget (30% or $121k of $400k
been earned budget earned).
Investment revenue $68k above YTD budget
(32% or $320k of $1.0 million budget earned).
Further downward movements in interest rates
will impact on Council’s interest revenue on cash
invested, and will be monitored for any overall
interest revenue budget implications.
Other Revenue $203k (23%) of the $880k Water Bottle filling station contribution from MOU
budget has been earned with Unitywater $11k (not budgeted).
Local Law SPER revenue $23k below YTD
budget (partially offset by $17k reduced
expenditure).
Operating $1.2 million (23%) of the $5.1 Reduction in annual grant funding for Noosa
Grants, million budget has been Community Support ($400k) will be offset by
Subsidies received reduction in operating costs – to be addressed
at budget review 2 (BR2).
50% or $1.1 million of the financial assistance
grant was again prepaid in June 2019 and may
impact on Council’s 2019/20 final operating
position if the prepayment approach is
discontinued by the Australian government.
All other operating grants are in line with budget
forecasts at this stage.
Unitywater On track Unitywater distributions are fixed each year so
Distributions little budget variance risk.
Page 11 of 21
Section 12
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
Figure 2: Operating Revenue Position by Type (Excluding Rates)
Operating Expenditure (YTD Benchmark 25%)
Actual operating expenditure is currently 24% ($23.7 million) of full year budget ($99.8 million).
Detailed commentary for each expenditure category is provided below.
Category Summary Comments
Employee $7.4 million (22%) of the Under expenditure for permanent staff salaries and
Costs annual budget of $33.9 wages ($514k) partially offset by additional spend
million has been expended on casual staff and external labour hire ($272k).
Employee overtime $67k above YTD budget (40%
or $182k of $456k budget spent).
Materials and $11.1 million (24%) of the Waste Management materials and services $185k
Services $45.5 million annual budget below YTD budget (23% or $2.5 million of $10.6
has been expended. million budget spent. $60k waste levy budget
timing issue to be resolved.
Fleet fuel and tyre costs $104k below YTD budget
(22% or $346k of $1.6 million budget spent).
Community Development $96k below YTD budget
(53% or $534k of $1.0 million budget spent) –
timing of approved grants payments.
Parks & Gardens operations and maintenance
programs $86k below YTD budget (17% or $733k
of $4.3 million budget spent).
Public amenity materials and services $77k below
YTD budget (11% or $55k of $495k budget spent).
Council insurance premiums $33k above full year
budget of $438k.
Development assessment legal appeals costs
$172k above YTD budget (41% or $448k of $1.1
million budget spent).
Finance Costs On track Nil
Depreciation On track Nil
Other On track Nil
Expenses
Page 12 of 21
Section 13
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
Figure 3: Operating Expenditure Position by Type
Capital Revenue
YTD capital revenue of $1.8 million received comprises cash contributions from developers
($454k) and capital grants ($1.3 million). Note that the timing of capital grant receipts are
generally dependent on the timing of grant conditions and also capital delivery performance, and
that the timing of the receipt of developer contributions (both cash and contributed) is
unpredictable.
Figure 4: Capital Revenue by Type
Capital Program
Actual capital expenditure (excluding contractual commitments) is $4.3 million (YTD budget $7.3
million). Detailed discussion of progress in the delivery of the capital works program is provided
through a separate report by the Asset Planning Manager.
Page 13 of 21
Section 14
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
Figure 5: Capital Program Delivery Performance
Cash Management and Investment Performance
Total cash on hand at the end of September was $73 million, including funds held in trust and for
restricted purposes (e.g. unexpended levy and grant funds), the prepaid financial assistance
grant and unspent monies committed for funding capital projects which are underway and will
continue during the financial year.
The following pie charts present the mix of cash held at September 2019 by agency (graph on
the left) and by credit risk rating (graph on the right). All funds have been invested in accordance
with the Investment Policy and in consideration of the principles of ethical investment,
preservation of capital, return on investment and counterparty thresholds
Figure 6: Closing Cash Held by Agency and Credit Rating
Page 14 of 21
Section 15
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
The following chart monitors the year-to-date trend on total cash and the agencies invested.
Figure 7: 12 Month Trend of Cash Invested by Agency
Measures of Financial Sustainability
The following table incorporates a set of financial sustainability indicators to further assist in
managing Council financial performance. There are no current material emerging risks regarding
performance for the first quarter of the financial year.
Category Comments
Operating Surplus Ratio Intent: Identifies the extent to
which revenues cover
operational expenses, to ensure
community equity is not
degraded
Target: 0 – 10%
Result: 43.1%
Comment: The high ratio
reflects the levying 50% of rates
in July and the gradual
degradation as expenditure
occurs between August and
December 2019
Page 15 of 21
Section 16
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
Category Comments
Cash Expense Cover Intent: Indicates how long
council can continue paying its
day-to-day expenses from cash
at bank without needing
additional cash flows
Target: > 3 months
Result: 11.6 months
Comment: Council is forecast to
remain above target for the
financial year whilst remaining
financially flexible to
accommodate unforeseen
events.
Asset Sustainability Ratio Intent: Measures the extent to
which assets are being replaced
as their condition degrades to
ensure service potential is
maintained
Target: 90% of depreciation
budget spent on renewals
annually
Result: Slightly under budget
Comment: It is expected that
the ratio will progressively
increase each month per
previous years as expenditure
on renewals occurs.
Net Financial Liabilities Ratio Intent: Outlines the level that net
Council debt can be serviced by
operating revenues. A ratio
below zero implies that liabilities
are less than cash (and other
current assets) and there is
adequate borrowing capacity
available if needed.
Target: less than 60%
Result: - 41.1% YTD
Comment: Council has low debt
levels and strong cash holdings.
The cash received from the July
rates issue also inflates the YTD
actual outcome
Page 16 of 21
Section 17
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
Category Comments
Investment Return Intent: Ensure appropriate
return on investment yield for
cash at bank.
Target: 0.25% above current
Bloomberg commonwealth 10
year bond rate yield (September
= 1.0%)
Result: 1.8%
Comment: Regardless of the
steady decline in long term bond
rates (due to international
market factors), Council’s
investment return still remains
above target
Rates in Arrears Intent: Ensuring that the amount
of unpaid rates remains
sustainable and does not
negatively impact cash flows
Target: 5% industry benchmark
Result: 10.1%
Comment: At the first high point
in the cycle following issue of the
July rates, and will stabilise from
September to December as
reminders are issued and
arrears are collected.
Previous Council Consideration
Nil.
Finance
As above.
Risks & Opportunities
Council’s risk register includes a number of risks that could impact on ongoing financial
sustainability. Effective budget management and reporting is an important risk mitigation tool.
Consultation
External Consultation - Community & Stakeholder
Nil.
Internal Consultation
All areas of Council are consulted as part of the regular monitoring of budget performance.
Page 17 of 21
Section 18
GENERAL COMMITTEE MEETING AGENDA 14 OCTOBER 2019
Departments/Sections Consulted:
X Chief Executive Officer X Community Services X Corporate Services
Executive Officer Director X Director
Executive Support Community Development X Financial Services
Community Facilities ICT
Libraries & Galleries Procurement & Fleet
Local Laws Property
Waste & Environmental Health Revenue Services
X Executive Services X Environment & Sustainable Development X Infrastructure Services
Director Director Director
Community Engagement Building & Plumbing Services Asset Management
Customer Service Development Assessment Buildings and Facilities
Governance Economic Development Civil Operations
People and Culture Environmental Services Disaster Management
Strategic Land Use Planning Infrastructure Planning,
Design and Delivery
Page 18 of 21
Section 19
Page 19 of 21
Profit and Loss Statement
Revenue
Recurrent Revenue
Rates, levies and charges 68,702 34,381 34,594 213 50%
Fees and charges 6,652 2,247 2,398 151 36%
Interest received 4.010 332 442 109 11%
Sale of Goods and major services 10,127 2,261 2,166 (95) 21%
Sale of contract and recoverable works 23 - 0 0 1%
Rental & lease income 1,296 316 306 (10) 24%
Other income 880 218 203 (15) 23%
Grants, subsidies, contributions and donations 5,130 1,105 1,227 122 24%
Unitywater Distributions 3,050 334 334 - 11%
99,870 41,194 41,670 476 42%
Expenses
Recurrent Expenses
Employee benefits 33,867 7,686 7,439 (247) 22%
Materials and services 45,544 11,925 11,136 (789) 24%
Finance costs 1,528 382 412 30 27%
Depreciation and amortisation 18,713 4.678 4,678 0 25%
Other expenses 188 64 45 (19) 24%
99,841 24,735 23,711 (1,024) 24%
Operating Resutt 16 AGO 85S 1499
Summary of Capital Revenue and Expenditure
Capital Funding
Capital cash contributions and infrastructure charges 2.134 457 454 (3) 21%
Contributed assets 2,000 37 37 - 2%
Capital grants and subsidies 5,954 1,260 1,260 - 21%
Cash / revenue 26,672 7,529 4.726 (2,803) 18%
New loan borrowings - - - - 0%
Other capital revenue - - - - 0%
Total CapitalRevenue = 86,760 9,283 ATT 2.806)
Capital Expenditure
Contributed assets 2,000 37 37 - 2%
Capital works - constructed assets 25,236 5,718 3,895 (1,823) 15%
Capital works - other capital 5,644 1,588 386 (1,202) 7%
Loan repayments 3,880 1,940 2,069 129 53%
Other capital expenses - - 89 0%
Total Capital Expenditure = 36,760 9828S ATT 2806)
Page 19 of 21Section 20
Page 20 of 21
Current Assets
Cash and cash equivalents 38,144 75,549 55,981
Trade and other receivables 9.174 11,794 6,664
Inventories 330 196 198
Other current assets O48
48,148 91,850 67,384
Non Current Assets held for sale - - -
Total Current Assets 48,148 91,850 67,384
Non Current Assets
Trade and other receivables 49218 49.718 49.718
Other non current Assets - - -
Investments 78,377 60,978 60,978
Investment property 4,167 3,300 3,300
Property, plant and equipment 923,966 884,446 885,912
Intangible assets 9B“ HD
Total Non Current Assets 1,063,509 1,004,455 1,005,859.
TotalAssess ATT 45ST 1,096,285 1,073,243
Current Liabilities
Trade and other payables 4,964 11,125 9.593
Borrowings 2,508 1,268 3,112
Provisions 4,061 2,970 4919
Other 675 2,825 2,764
Total Current Liabilities 12,209 18,189 20,388
Non Current Liabilities
Trade and other payables - - -
Borrowings 18,108 21,120 21,120
Provisions 10,929 11,523 11,523
Total Non Current Liabilities 29,036 32,643 32,643
Total Liabilities: 285 50,832 53032,
Community Equity
Asset Revaluation Surplus 75,746 50,809 50,809
Retained Sunplus / (Defeciency) - - -
Shire Capital 994 466 969,402 956,882
Current Year Net ity - 25,242 12,520
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Cash flows from operating activities
Cash Flows from Operating Activities
Receipts from Customers 84,812 38,545 88,381
Payments to Suppliers and Employees (78,407) (18,889) (73,702)
6,405 19,656 14,679
Investment and Interest Revenue Received 4,010 442 4,892
Rental Income 1,292 306 1,252
Non Capital Grants and Contributions 5,113 1,227 5,447
Income Tax Equivalent Received 1,200 334 1,450
Income from Equity Investments 1,850 - 1,600
Payments:
Borrowing Costs - - -
Interest Expense (1,194) (42) (1,763)
Cash Flows from Investing Activities
Proceeds of Sale of Property, Plant and Equipment 10 38 375
Grants, Subsidies, Contributions and Donations 6,712 1,714 8,696
Payments:
Payments of Property, Plant and Equipment (26,999) (3,970) (28,359)
Payments for Intangible Assets (1,400) (307) (1,191)
Cash Flows from Financing Activities
Proceeds from Borrowings - - -
Payments:
Repayment of Borrowings (2,352) (2,069) (15,289)
Cash and Cash Equivalents at the beginning of the reporting period 43,496 55,981 64.193
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