2021-03-09 Services & Organisation Committee Meeting Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                      9 MARCH 2021


2.    Financial performance

The objective of all services within the Community Facilities branch is to balance the demands of
access, equity and community service obligations with sound financial management and to improve
revenue through innovative and entrepreneurial approaches, whilst minimising operational costs.

It is important to note that COVID-19 had a significant impact on the financial performance of all of
Council’s community facilities in the first half of 2020/21, mainly because of operating restrictions
mandated by the State Government leading to revenue reductions. While this was the case for NCS,
only a small percentage of revenue is generated via fees and charges within this team. A majority of
revenue comes from grants from external funding providers and these grant payments were
unaffected during the reporting period and service provision to clients continued in one form or
another right the way through COVID-19 restrictions.

NCS financial performance as at 31 December 2020


                                       2020-21       2020-21       2020-21        %
 Statement of Income and Expenses      Current        YTD            YTD        Current      YTD
                                       Budget        Budget        Actuals      Budget     Variance

Total Revenue                           2,736,035     1,880,072     1,888,082     69.0%         8,010
Total Expenditure                       2,772,313     1,384,068     1,308,794     47.2%        75,274
Net Result - Surplus/(Deficit)            (36,278)      496,004       579,288                  83,284


Total Revenue                           2,736,035     1,880,072     1,888,082     69.0%         8,010
Direct Costs (Controllable)
 Employee Benefits                      1,520,099       751,907       732,141     48.2%        19,766
 Finance Costs                                   0             0        4,039    100.0%        (4,039)
 Materials & Services                     747,411       379,759       326,051     43.6%        53,709
 Other Expenses                               541          271           275      50.8%            (4)
Subtotal Direct Costs (Controllable)    2,268,051     1,131,937     1,062,505     46.8%        69,433
Operating Surplus/Deficit                 467,984       748,135       825,577                 (61,423)
Indirect Costs (Corporate)
 Depreciation & Amortization               34,642        17,321        17,321     50.0%               0
 Internal Charges                         469,620       234,810       228,968     48.8%         5,842
Subtotal Indirect Costs (Corporate)       504,262       252,131       246,289     48.8%         5,842
Net Result - Surplus/(Deficit)            (36,278)      496,004       579,288                  83,284




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