2014-09-16 Planning & Organisation Committee Agenda

PLANNING & ORGANISATION COMMITTEE MEETING AGENDA                               16 September 2014


Detailed commentary for significant items appears below:

•       Rates – generally as per original forecasts.
•       Fees and Charges – planning applications are currently ahead of forecasts, but this is
        offset by lags in some other business areas. This will be closely monitored throughout
        the year.
•       Interest Received – currently ahead of forecasts due to higher levels of cash available
        for investment.
•       Grants and Subsidies – marginally higher than forecast.
•       Other Revenue – generally in accordance with budget predictions.

3.      Operating Expenses

Operating expenditure is below forecast levels and shows a favourable variance of $1.0m.


             12,000                                                                    120,000

             10,000                                                                    100,000

              8,000                                                                    80,000
     $,000




              6,000                                                                    60,000

              4,000                                                                    40,000

              2,000                                                                    20,000

                 0                                                                     0
                      Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

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


Detailed commentary for significant items appears below:

•       Employee Costs – YTD actuals are less than budgeted, but there are a number of
        variables that will be monitored as part of the September quarterly budget review that
        may impact this area.
•       Materials and Services – current actuals are less than forecast.
•       Finance Costs – bank and merchant fees are marginally lower than forecast.
•       Other Expenses – generally in accordance with budget.

4.      Capital Works Program

Year to date capital expenditure is $697,562 against a YTD budget of $2,578,386. Delivery
of carried-over projects will be factored into the overall program over the coming month to
improve the accuracy of reported expenditure forecasts.




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