2020-01-13 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                    13 JANUARY 2020


Capital Revenue
YTD capital revenue of $3.1 million received comprises cash contributions from developers ($1.2
million) and capital grants ($1.8 million). Note that the timing of capital grant receipts are
generally dependent on the timing of grant conditions and also capital delivery performance, and
that the timing of the receipt of developer contributions (both cash and contributed) is
unpredictable.
Figure 4: Capital Revenue by Type

 $2.0
                                                  $1.8           $1.8
 $1.8
                                                                               YTD Budget ($m)
 $1.6
                                                                               YTD Actual ($m)
 $1.4
               $1.2                $1.2
 $1.2
 $1.0
 $0.8
 $0.6
 $0.4
 $0.2                                                                               $0.1                $0.1

 $0.0
                                                     Subsidies
                   Contributions




                                                                                          Contributed
                                                      Grants /




                                                                                            Assets
                      Cash




Capital Program
Actual capital expenditure (excluding contractual commitments) is $11.5 million (YTD budget
$11.9 million). Detailed discussion of progress in the delivery of the capital works program is
provided through a separate report by the Asset Planning Manager.

Figure 5: Capital Program Delivery Performance

$12.0
                      $10.9                                                    YTD Budget ($m)
                                          $10.5
                                                                               YTD Actual ($m)
$10.0

 $8.0

 $6.0

 $4.0

 $2.0
                                                                        $0.9          $0.9

 $0.0
                            Capital works                                 Other capital




Cash Management and Investment Performance
Total cash on hand at the end of December was $55 million, including funds held in trust and for
restricted purposes (e.g. unexpended levy and grant funds), the prepaid financial assistance

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