2018-11-12 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                12 NOVEMBER 2018


The table below summarises the budget submissions by program and categorised as:

 Emergent Request: New items, acceptance of tender, change in scope or reallocation of
   funds
 Identified Saving: Actual cost will be under budget
 Timing Adjustment: Commencement of construction has been delayed and works will
   straddle two financial years into 2019/20

The full list of submissions is contained in Attachment 2.

Program                                           Emergent     Identified         Timing Grand Total
                                                   Request        Saving     Adjustment
                                                                              to 2019/20
Capital Works
   Bridges                                         142,400                       -28,000         114,400
   Coastal Canals and Waterways                                                 -243,024         -243,024
   Commercial Land & Property                       20,000                                        20,000
   Community Facilities                            276,200                      -334,000          -57,800
   Corporate Buildings                             120,000                                       120,000
   Gravel Road Network                             189,000                                       189,000
   Holiday Parks                                                              -1,809,110     -1,809,110
   Libraries & Galleries                           846,925                                       846,925
   Parks & Playgrounds                              90,000                                        90,000
   Pathways & Boardwalks                           169,690        -543,505                       -373,815
   Public Amenities                                                             -227,091         -227,091
   Sealed Roads Network                            -307,591                     -500,000         -807,591
   Stormwater Drainage                             294,000                                       294,000
   Transport and Infrastructure Management         496,591                                       496,591
Other Works
   Fleet - Plant Replacement                        41,363                                        41,363
   Asset Management                                -120,000                                      -120,000
Grand Total                                       2,258,578       -543,505    -3,141,225     -1,426,152

The following table summarises the proposed revised 2018/19 capital budget, outlining the
proposed overall reduction from $31.2 million to $29.8 million.

Total Capital Budget                                 Amount
                                                     ($'000)
Original Budget                                          29,061
BR1 Submissions                                           2,180
Current Capital Expenditure Budget                       31,241
Proposed BR2 Adjustments                                 -1,426
Revised BR2 Capital Expenditure Budget                   29,815

The following table summarises the proposed revised 2018/19 capital budget by program, with
the full program contained in Attachment 3.

Item                            Original Budget          BR1        Proposed               BR2
                                                                  Adjustments


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