2021-06-14 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                            14 JUNE 2021


Operating Expenditure (YTD Benchmark 91.7%)
Actual operating expenditure is currently 87% ($88.5 million) of full year budget ($102.1 million).
Detailed commentary for each expenditure category is provided below.

 Category          Summary                        Comments
 Employee          $31.5 million (90%) of the          Under expenditure for permanent staff salaries
 Costs             annual budget of $34.9               and wages ($2.6 million) partially offset by
                   million has been expended            additional spend on casual staff and external
                                                        labour hire ($1.3 million) as well as overtime and
                                                        allowances ($300k)
                                                       38% or $125k of $330k training budget spent as
                                                        at 31 May 2021.
 Materials and     $38.2 million (82%) of the          Development appeal costs $294k below YTD
 Services          $46.6 million annual budget          budget (63% or $916k of $1.5 million budget
                   has been expended                    spent) – noting this is still within the original
                                                        budget estimate of $1.1 million.
                                                       Works operations $171k below YTD budget (81%
                                                        or $2.5 million of $3.1 million spent) – timing of
                                                        maintenance works
                                                       Libraries services $118k below YTD budget (64%
                                                        or $689k of $1.1 million budget spent) – primarily
                                                        due to timing of library collection purchases and
                                                        programs
                                                       Parks and landscape $84k below YTD budget
                                                        (89% or $3.9 million of 4.4 million spent) – Water
                                                        utility costs and timing of maintenance works
                                                       Noosa Community Support $78k below YTD
                                                        budget (75% or $569k of $761k budget spent) –
                                                        offset by lower fee revenue
                                                       Natural Area costs $71k below YTD budget (64%
                                                        or $847k of $1.3million budget spent)
                                                       Development application costs $58k above YTD
                                                        budget (119% or $250k of $210k budget spent) –
                                                        offset by additional application revenues
                                                       Holiday parks $167k above YTD budget (106%
                                                        or $1.5 million of $1.4 million budget spent) –
                                                        relating to variable operating costs (including
                                                        commissions) offset by additional revenues
 Finance Costs     On track                       Nil
 Depreciation      On track                       Nil
 Other Expenses    On track                       Nil




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