2014-09-16 Planning & Organisation Committee Agenda

PLANNING & ORGANISATION COMMITTEE MEETING AGENDA                             16 September 2014


Accounting adjustments have been made to account for income and expenditure incurred in
July/August that relates to the 2013/2014 financial period.
1.       Operating Position
The year to date operating result is generally in accordance with the forecast position. As
depicted in the following graph, the issue of rate notices creates a peak in July and January,
with deficits forecast in other periods and the revenue raised is expended. The accumulated
surplus for the year to date is $21.7m compared to a forecast of $20.4m.

             30,000                                                           30,000

             25,000                                                           25,000

             20,000                                                           20,000

             15,000                                                           15,000
     $,000




             10,000                                                           10,000

               5,000                                                          5,000

                   0                                                          0
                         Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
              (5,000)                                                         (5,000)

             (10,000)                                                         (10,000)

                Budget       Actual     Accum Budget (RHS)     Accum Actual (RHS)


2.       Operating Revenue
Operating revenue is generally in accordance with budget forecasts, with a minor favourable
variance shown.

             40,000                                                               120,000
             35,000
                                                                                  100,000
             30,000
                                                                                  80,000
             25,000
     $,000




             20,000                                                               60,000
             15,000
                                                                                  40,000
             10,000
                                                                                  20,000
              5,000
                  0                                                               0
                        Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

                 Budget       Actual     Accum Budget (RHS)      Accum Actual (RHS)



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