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2022-12-12 General Committee Meeting Agenda
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GENERAL COMMITTEE MEETING AGENDA 12 DECEMBER 2022
Category Summary Comments
• Community Facility fees $179.3k above YTD budget
(48.8% or $1.4 million of $2.8 million annual budget
earned)
• Sales of Recyclables $103.1k below YTD budget
(35.35% or $527.8k of $1.5 million annual budget
earned)
Interest $1.6 million (183.2%) • Interest revenues are tracking above budget YTD
Received of the $870k annual following the investment of surplus cash into higher
budget has been yielding term deposits.
earned
Other Revenue $1.0 million (36.5%) of • Other revenue is in line with budget expectations at this
the $2.8 million annual stage
budget has been
earned
Operating $1.7 million (33.7%) of • Operating Grants and subsidies are slightly above YTD
Grants, the $5.1 million annual budget expectations due to the receipt of a QRA Local
Subsidies budget has been Economic Recovery Grant, Queensland Arts
received Showcase Program Grant, Illegal Dumping Grant and
Public Health Network Grant.
• 75% ($1.9 million) of the financial assistance grant was
prepaid in June 2022 and may impact on Council’s
2022/23 final operating position if the prepayment
approach is discontinued by the Australian
government.
Unitywater On track • Unitywater distributions are fixed each year so little
Distributions budget variance risk
Figure 2: Operating Revenue Position by Type (Excluding Rates)
$6.0 $5.7
$5.1
YTD Budget ($m)
$5.0
YTD Actual ($m)
$3.8 $4.1
$4.0
$3.0
$2.0 $1.6 $1.7
$1.3
$1.1 $1.1
$0.7
$1.0 $0.4 $0.5
$0.5 $0.5
$0.0
Charges
Other
Income
Grants
Goods &
Unitywater
Services
Sales of
Rental
Interest
Fees &
Share of
Operating Expenditure (YTD Benchmark 41.7%)
Actual operating expenditure is currently 39.7% ($47.3 million) of full year budget ($119.1 million).
Detailed commentary for each expenditure category is provided below.
Category Summary Comments
Employee Costs $16.6 million (39.2%) of the • YTD under expenditure for permanent staff
annual budget of $42.3 salaries and wages ($1.1 million) due to position
million has been expended
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