2018-03-12 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                           12 MARCH 2018


Category             Summary                           Comments
Other Revenue        $1.9 million (76%) of the $2.5         Lease management income $48k above YTD
                     million budget has been                  budget (75% or $779k of $1.1 million budget
                     earned                                   earned)
                                                            The J $36k above YTD budget (110% or
                                                              $134k of $121k budget earned)
                                                            Disaster insurance claim received ($36k – no
                                                              budget)
                                                            Quarry internal recoveries $47k above YTD
                                                              budget (77% or $361k of $470k budget
                                                              earned)
                                                            Civil operations internal recoveries $82k
                                                              above YTD budget (93% or $292k of $315k
                                                              budget earned)
                                                            Fleet internal recoveries $41k above YTD
                                                              budget (68% or $1.8m of $2.6m budget
                                                              earned)
                                                            Waste management internal recoveries $88k
                                                              above YTD budget (131% or $335k of $255k
                                                              budget earned)
Operating Grants,    Operational grants of $3.7             50% of the 2017/18 Financial Assistance
Subsidies            million (67%) are $1 million             Grant (FAG) was received in June 2017
                     below YTD budget                       The announcement of funding timing for the
                                                              2018/19 FAG will determine if a budget review
                                                              adjustment may be needed (should no
                                                              forward funding of the 2018/19 FAG occur in
                                                              June 2018)



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

 $7.0
                                                       YTD Budget ($m)
 $6.0                                                  YTD Actual ($m)

 $5.0

 $4.0

 $3.0

 $2.0

 $1.0

 $0.0
                                                                      Other
                                                        Income
           Charges




                                                                                Grants
                                            Goods &
                     Dividend




                                            Services
                                            Sales of




                                                         Rental
                                 Interest
           Fees &




                      & Tax




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