2019-09-16 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                        16 SEPTEMBER 2019


Category                   Summary                                    Comments
Materials and              $7.4 million (16%) of the                      Community Development $251k below YTD
Services                   $45.5 million annual budget                      budget (36% or $359k of $1.0 million budget
                           has been expended.                               spent) – timing of approved grants payments
                                                                          Parks & Gardens operations and maintenance
                                                                            programs $83k below YTD budget (11% or
                                                                            $462k of $4.3 million budget spent)
                                                                          Waste Management contract costs for landfill
                                                                            and waste collection $62k below YTD budget
                                                                            (15% or $1.3 million of $8.4 million budget
                                                                            spent
                                                                          Fleet fuel and maintenance costs $67k below
                                                                            YTD budget (16% or $258k of $1.6 million
                                                                            budget spent)
                                                                          Cooroy Butter Factory $59k below YTD budget
                                                                            (3% or $5k of $148k budget spent) – timing of
                                                                            operating contribution
                                                                          Noosa Community Support $49k below YTD
                                                                            budget (19% or $116k of $354k budget spent)
                                                                            – savings reflective of reduced grant revenue
                                                                          Development assessment legal appeals costs
                                                                            $84k above YTD budget (25% or $259k of $1.1
                                                                            million budget spent)
Finance Costs              On track                                   Nil
Depreciation               On track                                   Nil
Other Expenses             On track                                   Nil

Figure 3: Operating Expenditure Position by Type

$9.0
                                                  YTD Budget ($m)
$8.0
                                                  YTD Actual ($m)
$7.0
$6.0
$5.0
$4.0
$3.0
$2.0
$1.0
$0.0
                                                      Finance Costs
                                      Materials




                                                                                 Depreciation
               Employees




                                                                                                Other




Capital Revenue
YTD capital revenue of $1.2 million received comprises cash contributions from developers
($270k) and capital grants ($945k). Note that the timing of capital grant receipts are generally
dependent on the timing of grant conditions and also capital delivery performance, and that the
timing of the receipt of developer contributions (both cash and contributed) is unpredictable.




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