2019-09-16 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                   16 SEPTEMBER 2019


Category              Summary                            Comments
Unitywater            On track                           Nil
Dividend and
Tax
Other Revenue         $78k (9%) of the $880k                   Water Bottle filling station contribution from
                      budget has been earned                     MOU with Unitywater $11k (not budgeted)
                                                               Civil operations internal recoveries for plant
                                                                 hire $195k (no budget) – offset by internal
                                                                 charges
Operating             $1.1 million (21%) of the $5.1           Reduction in annual grant funding for Noosa
Grants,               million budget has been                    Community Support ($400k) will be offset by
Subsidies             received                                   reduction in operating costs – to be addressed
                                                                 at budget review 2 (BR2).
                                                               50% or $1.1 million of the financial assistance
                                                                 grant was again prepaid in June 2019 and may
                                                                 impact on Council’s 2019/20 final operating
                                                                 position if the prepayment approach is
                                                                 discontinued by the Australian government.
                                                               All other operating grants are in line with
                                                                 budget expectations at this stage.

Figure 2: Operating Revenue Position by Type (Excluding Rates)

 $2.5
                                                                        YTD Budget ($m)
                                                                        YTD Actual ($m)
 $2.0


 $1.5


 $1.0


 $0.5


 $0.0
            Charges




                                                              Income




                                                                               Other
                                              Goods &




                                                                                          Grants
                       Dividend




                                              Services
                                              Sales of




                                                               Rental
                                   Interest
            Fees &




                        & Tax




Operating Expenditure (YTD Benchmark 16.7%)

Actual operating expenditure is currently 16% ($15.7 million) of full year budget ($99.8 million).
Detailed commentary for each expenditure category is provided below.

Category              Summary                            Comments
Employee Costs        $5.1 million (14%) of the                Under expenditure for permanent staff salaries
                      annual budget of $33.9                     and wages ($581k) partially offset by additional
                      million has been expended                  spend on casual staff and external labour hire
                                                                 ($176k)
                                                               Staff training $3k below YTD budget (1% or
                                                                 $6k of $337k budget expended), with a further
                                                                 $3k committed for future spend


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