2021-03-09 Services & Organisation Committee Meeting Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                         9 MARCH 2021



                              Noosa Community Support
 2,000,000
 1,800,000
 1,600,000
 1,400,000
 1,200,000
 1,000,000
   800,000
   600,000
   400,000
   200,000
         0
                    Total Revenue                Total Expenditure        Net Result - Surplus/(Deficit)
                                             2020-21          2020-21
                                             YTD              YTD
                                             Budget           Actuals




NCS operates under funding agreements with both the state and federal governments. The
requirements of the various funding agreements dictate that NCS should aim to perform to a ‘zero
bottom line’ standard, i.e. that all funding received should be fully expended on relevant programs
and services.

The half-year results show NCS to be $83k ahead of YTD budget largely due to the following factors:
    $53k underspend in materials and services due to reduced service delivery demand during
     COVID-19 restrictions.
    $20k underspend in employee costs due to temporary efficiencies during period of reduced
     customer demand
    $8k over budget in revenue due to indexation increase of grant payments.

Given the level of disruption suffered so far in 2020/21 and the associated drop-off in demand for
certain NCS services during the height of COVID-19 it is anticipated that funding providers will likely
allow any surplus funds at year-end to be rolled over into the following year. It is also anticipated that
there will be a degree of discretion and flexibility shown to the normal requirement to deliver the
mandated number of outputs in exchange for funding.




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