2020-09-14 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                      14 SEPTEMBER 2020


Operating Expenditure (YTD Benchmark 16.7%)

Actual operating expenditure is currently 16% ($16.1 million) of full year budget ($98.8 million).
Detailed commentary for each expenditure category is provided below.

 Category                  Summary                                      Comments
 Employee Costs            $4.9 million (14%) of the                         Under expenditure for permanent staff salaries
                           annual budget of $34.8                             and wages ($585k) partially offset by additional
                           million has been expended                          spend on casual staff and external labour hire
                                                                              ($167k).
 Materials and             $7.6 million (18%) of the                         Waste Management costs for landfill operation
 Services                  $43.3 million annual budget                        and waste collection $88k below YTD budget
                           has been expended.                                 (15% or $1.4 million of $9.8 million budget spent
                                                                             Parks and gardens $77k below YTD budget
                                                                              (12% or $277k of $2.5 million budget spent) –
                                                                              timing of mowing services, arborist works and
                                                                              park maintenance
                                                                             Holiday parks $43k above YTD budget (22% or
                                                                              $189k of $861k budget spent) – operating costs
                                                                              from parks reopening earlier than budgeted
                                                                              following COVID-19 pandemic related closures.
                                                                              Offset by additional revenues.
 Finance Costs             On track                                     Nil
 Depreciation              On track                                     Nil
 Other Expenses            On track                                     Nil

Figure 3: Operating Expenditure Position by Type

$9.0
                                $8.0
$8.0                                          $7.6
                                                                        YTD Budget ($m)
$7.0
                                                                        YTD Actual ($m)
$6.0        $5.2 $5.0
$5.0
$4.0                                                                              $3.2 $3.2
$3.0
$2.0
$1.0                                                 $0.2 $0.2                                      $0.0 $0.1
$0.0
                                      Materials




                                                        Finance Costs
               Employees




                                                                                     Depreciation




                                                                                                       Other




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