2020-11-16 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                          16 NOVEMBER 2020


Operating Expenditure (YTD Benchmark 33.3%)

Actual operating expenditure is currently 31% ($30.9 million) of full year budget ($98.8 million).
Detailed commentary for each expenditure category is provided below.

 Category                    Summary                                       Comments
 Employee Costs              $10.1 million (29%) of the                         Under expenditure for permanent staff salaries
                             annual budget of $34.8                              and wages ($1.0 million) partially offset by
                             million has been expended                           additional spend on casual staff and external
                                                                                 labour hire ($350k)
 Materials and               $13.9 million (32%) of the                         Parks and Landscapes $125k below YTD
 Services                    $43.3 million annual budget                         budget (26% or $1.2 million of $4.6 million
                             has been expended.                                  budget spent) – reactive arborist work
                                                                                 anticipated to increase during the next few
                                                                                 months (storm season)
                                                                                Works operations $108k above YTD budget
                                                                                 (24% or $784k of $3.3 million budget spent) –
                                                                                 sealed and gravel road maintenance works
                                                                                Holiday parks $146k above YTD budget (48%
                                                                                 or $409k of $861k budget spent) – variable
                                                                                 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

$16.0
                                   $13.8 $13.9
$14.0                                                                      YTD Budget ($m)
$12.0       $10.5 $10.1                                                    YTD Actual ($m)
$10.0
 $8.0
                                                                                      $6.3 $6.3
 $6.0
 $4.0
 $2.0
                                                    $0.4 $0.5                                           $0.1 $0.1
 $0.0
                                                           Finance Costs
                                        Materials




                                                                                         Depreciation
                 Employees




                                                                                                           Other




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