2017-09-18 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                   18 SEPTEMBER 2017


Operating Expenditure (YTD Benchmark 16.7%)

Actual operating expenditure is currently 17.6% ($16.7 million) of full year budget ($92.2 million).
Detailed commentary for each expenditure category is provided below:
 Employee Costs – $4.5 million (14.7%) of the annual budget of $30.3 million has been spent
   which is generally in line with YTD employee budget phasing.
 Materials and Services – $8.2m (20.2%) of the $40.7 million annual budget has been spent.
 Contract services are below YTD budget ($385k) across a range of areas including Civil
   Operations, Executive Services, Libraries and other Community Facilities, Waste
   Management, Community Development, ICT, Properties and Facilities as well as
   Infrastructure Planning and Design.
 Finance Costs – actuals comparable to YTD budget.
 Depreciation Expense – actuals comparable to YTD budget.
 Other Expenses – actuals $17k ahead of YTD budget (emergency management levy on
   Council properties not budgeted for and Local Laws agency fees paid in advance).

Figure 3: Operating Expenditure Position by Type
 $10
                                        YTD Budget ($m)
  $9
                                        YTD Actual ($m)
  $8
  $7
  $6
  $5
  $4
  $3
  $2
  $1
  $0
                                            Finance Costs
                            Materials




                                                            Depreciation
             Employees




                                                                           Other




Capital Revenue

YTD capital revenue of $448k received comprises cash contributions from developers ($213k)
and capital grants ($235k). 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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