2021-03-09 Services & Organisation Committee Meeting Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                                        9 MARCH 2021


The overview of historical performance below demonstrates that there hasn’t been a significant
negative COVID-19 impact at BCC and that strong financial performance has broadly been
maintained in line with that of previous years.

                   Historical financial performance - Bicentennial Community Centre
                                             2017/18 YTD          2018/19 YTD          2019/20 YTD          2020/21 YTD
Revenue                               actuals as at 31 Dec actuals as at 31 Dec actuals as at 31 Dec actuals as at 31 Dec
40034 - Lease Revenue                           (50,522.52)          (50,522.51)          (52,723.14)          (43,666.38)
41154 - Venue Hire                               (9,979.04)          (15,000.00)          (20,000.00)          (20,000.04)
                                                 (60,502)              (65,523)             (72,723)             (63,666)


Controllable expenses
6EX01 - Employee Benefits                         5,524.32             3,065.47             7,388.07              5,945.01
6EX03 - Materials & Services                     15,801.72            14,806.25            14,824.99             15,410.51
6EX06 - Other Expenses                              255.00               263.90               269.80                274.60
                                                   21,581               18,136               22,483                21,630

Net operating result                              38,921               47,387                50,240               42,036


Uncontrollable expenses
6EX04 - Depreciation & Amortization              25,942.50            26,537.16            42,265.86             36,509.70
6EX12 - Internal Charges                          3,615.22             3,669.82             5,805.74              5,517.92
                                                   29,558               30,207               48,072                42,028

Total operating result                              9,363              17,180                 2,169                     9


3.     Visitation summary

The key customers at BCC remain Noosa Gymnastics Club (Main Hall lease), Noosa Montessori
School (Demountable building lease and Annex hire with intention to lease) and Little Seed Theatre
Company (Noosa Montessori School sublets space to this group). No usage occurs outside of these
groups due to the permanent and exclusive nature of the usage agreements.

Visitation statistics are not maintained for BCC by Council.

4.     Recent achievements

      Working with key stakeholders to help them through Covid-19 disruptions.

5.     Upcoming priorities

      Finalising the expanded Noosa Gymnastics lease now that the worst of the COVID-19
       disruptions seem to have passed.
      Working with Montessori Noosa to assist with their ongoing onsite expansion into the rear
       annexe.

Previous Council Consideration
Nil.

Finance
Refer to previous sections of this report.




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