2018-06-21 Ordinary Meeting Agenda

ORDINARY MEETING AGENDA                                                                           21 JUNE 2018


Category               Summary                               Comments
                                                              The J revenue (staff recoveries, booking
                                                                commissions) $73k above YTD budget (154%
                                                                or $187k of $121k budget earned)
                                                              Civil operations internal recoveries $65k above
                                                                YTD budget (99% or $931k of $941k budget
                                                                earned)
                                                              Fleet management internal recoveries $55k
                                                                above YTD budget (94% or $2.9m of $3.1m
                                                                budget earned)
                                                              Waste management internal recoveries $56k
                                                                above YTD budget (101% or $758k of $736k
                                                                budget earned)
Operating Grants,      $4.7 million (99%) of the $4.8                Overall, operating grants are in line with
Subsidies              million budget has been                        budget expectations
                       received



Figure 2: Operating Revenue Position by Type (Excluding Rates)

 $9.0
                                                        YTD Budget ($m)
 $8.0
                                                        YTD Actual ($m)
 $7.0
 $6.0
 $5.0
 $4.0
 $3.0
 $2.0
 $1.0
 $0.0
                                                            Income
           Charges




                                                                            Other




                                                                                      Grants
                                             Goods &
                     Dividend




                                             Services
                                             Sales of




                                                             Rental
                                  Interest
           Fees &




                      & Tax




Operating Expenditure (YTD Benchmark 91.7%)

Actual operating expenditure is currently 97% ($81.0 million) of full year budget ($93.2 million).
Detailed commentary for each expenditure category is provided below.

Category             Summary                            Comments
Employee Costs       $26.6 million (87%) of the                 Under expenditure for permanent staff salaries
                     annual budget of $30.4                      and wages ($1.1m) offset by additional spend
                     million has been expended                   on casual staff ($479k) and external labour hire
                                                                 ($371k)
                                                                YTD overspend of $32k for overtime paid
                                                                 (100% or $511k of $513k budget expended)
                                                                Staff training underspend of $97k (63% or
                                                                 $180k of $286k budget expended)


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