2015-07-21 Infrastructure and Services Committee Agenda

INFRASTRUCTURE & SERVICES COMMITTEE MEETING AGENDA                                   21 JULY 2015


              Noosa Community Care 2014/15 financial performance *

                                          Actual YTD    Budget YTD         Variance (YTD)
Total Revenue                             $2,677,677     $2,720,787               -$43,110
Total Expenditure                         $2,092,065     $2,312,156              $220,091
Net Operating Surplus/Deficit               $585,612       $408,631              $176,981
Depreciation                                 $31,151        $31,151                     $0
Internal Charges                            $451,542       $451,542                     $0
Total Surplus/Deficit                       $102,919       -$74,062              $176,981


*Please note figures shown are June end of month figures and not final end of financial
year figures as these were not available in time for this report.


                    Noosa Community Care 2014/15
                        financial performance
 $3,000,000

 $2,500,000

 $2,000,000

 $1,500,000                                                                     Actual YTD
 $1,000,000                                                                     Budget YTD

  $500,000

        $0
                  Total Revenue     Total Expenditure    Net Operating
                                                         Surplus/Deficit


The budget position sees NCC operating within the funding grants for the full year with operating
surplus to go into reserves for future operation.

Reduced client numbers due to sickness, higher service needs and natural attrition have resulted
in slightly lower revenue than budgeted.

In terms of expenditure significant savings were made in the area of staff labour while reviews
and restructures took place. During this period there were a number of positions left unfilled. The
permanent structure has now been finalised and the budgeted labour cost for 2015/16 has been
adjusted to reflect the revised structure.

The final end of year figure for expenditure will increase when wages and other operating
expenses for the last 10 days of June are taken into account.




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