2018-02-12 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                   12 FEBRUARY 2018


REPORT
Operating Revenue (YTD Benchmark 58.3%)
Council has received 89.5% ($83.2 million) of its operating revenue budget ($92.9 million).
Commentary on each revenue category is provided below:
      Rates and Levies – $64.7 million (101.3%) of the annual budget of $64.6m has been
        earned, and is currently slightly above budget due to waste collection charges ($36k).
      Fees and Charges – $3.8 million (74.6%) of the $5.1 million annual budget has been
        earned. A range of areas are above YTD budget including development related fees
        ($275k), property transfer related fees ($33k), community land use applications and permits
        ($44k), building and pool compliance fees ($37k), public health licences and infringements
        ($33k), and animal control fees ($28k). Plumbing fees ($61k) and cemetery fees ($23k) are
        currently below YTD budget.
      Sale of Goods and Services - $5.3 million (59.9%) of the $8.4 million budget has been
        received. with Noosa Aquatic Centre ($115k), landfill disposal sales ($87k), Holiday Parks
        ($30k) and community facilities income ($26k) are all above YTD budget.
      Interest Received – $2.4 million (55.5%) of the $4.4 million annual budget has been
        earned with investment revenue ($83k) and interest on overdue rates and charges ($12k)
        both above YTD budget.
      Dividend and Tax – Unitywater distributions are in line with budget.
      Other Revenue – $1.8 million (73.8%) of the $2.5 million budget has been earned. Rental
        income ($82k), The J ($38k), disaster insurance claims ($36k) as well as internal
        recoveries from the quarry ($90k), civil operations ($72k), fleet ($47k) and waste
        management landfill charges ($20k) are all above YTD budget.
      Operating Grants, Subsidies and Contributions – Operational grants of $3.1 million
        (55.7%) are tracking above YTD budget. This includes grants for operational programs not
        originally budgeted for including RADF ($21k), Get Active Teenagers ($17k), Come and Tri
        Adventure Racing ($15k), Commonwealth Sports Day ($20k) and Engaging Science ($2k).
        Noosa Community Support funding is also tracking $52k ahead of budget.


Figure 2: Operating Revenue Position by Type (Excluding Rates)
 $6.0
                                                       YTD Budget ($m)

 $5.0                                                  YTD Actual ($m)


 $4.0

 $3.0

 $2.0

 $1.0

 $0.0
                                                                  Other
            Charges




                                                        Income




                                                                          Grants
                                            Goods &
                      Dividend




                                            Services
                                            Sales of




                                                         Rental
                                 Interest
            Fees &




                       & Tax




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