2019-05-07 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                    7 MAY 2019


Previous Council Consideration
Nil.

Finance
The current capital delivery expenditure to 23 April 2019 including actuals and commitments is
$25m or 88% of the full year Capital Program. The delivery and completion of projects continues
across the Program with staffing resources to be increased in the coming months to support the
design and delivery phases of the projects.

The Program is currently behind schedule for the year to date budget of $22.6m, with year to
date actual expenditure of $20.6m to 23 April 2019. Increased activities across all projects will
continue for the remainder of the financial year.

The table and the graph provided shows a breakdown of expenditure as at 23 April 2019.

 YTD Actual Expenditure                      $20,615,061
 Committed Expenditure                        $4,426,203
 Remaining Capital Expenditure                $3,349,392
 Full Year Budgeted Expenditure              $28,390,657



Committed        Remaining Capital
Expenditure        Expenditure
  15.59%             11.80%




                                                                               YTD Actual
                                                                              Expenditure
                                                                                72.61%




Risks & Opportunities
The current risk to the Capital Program is the resourcing of Design and Delivery staff. In
mitigating this risk, projects have been reviewed and where necessary, projects were re-profiled
and adjusted through the budget review process. In addition, the recruitment activities for the
recent resignation and additional resources for delivery staff will commence in coming weeks.




                                                                                  Page 45 of 71