2018-07-06 Special Meeting Agenda

SPECIAL MEETING AGENDA                                                              6 JULY 2018


Sales

Total sales revenue for 2018/19 is estimated at $8.7 million. Sales revenue is derived from
activities such as holiday park occupancy, waste management disposal fees and recyclable
sales, and revenue generated from Council’s community facilities (Aquatic Centre, Leisure
Centre, The J, etc.)

Unitywater Interest

Interest associated with Council’s equity holding in Unitywater is estimated at $2.6 million for
2018/19.


Other Unitywater Payments

Dividend and tax payments associated with Council’s equity holding in Unitywater is estimated at
$3 million for 2018/19

Other Income

Income from other sundry sources is estimated at $810k for the 2018/19 financial year.

Grants & Subsidies

Operating grants and subsidies of $5.2 million relate primarily to the annual financial assistance
grant $2.2 million, Australian and Queensland government payments totalling $2.7 million to fund
Noosa Community Support operations, and Queensland government library funding of $233k.

5.2     Operating Expenditure

Employee Benefits

Employee costs of $32.2 million represents the staff operational cost of Council and includes all
employee related expenditure including superannuation, workers compensation insurance and
staff training. The total increase in staff costs from 2017/18 is 6.3%, which includes additional
resourcing with respect to asset management, customer service, bushland care, advertising
signage compliance and shire heritage increasing the total Council establishment to 368 FTE.

Materials and Services

Materials and services are a significant component of Council’s expenditure budget at $41.3
million. Waste management costs of $8.8 million have increased due to increased recycling
contract disposal costs in addition to inflation allowances for waste collection and landfill
contracts. $8.3 million in maintenance and operational costs has been allocated to maintain
service levels for shire parks and natural areas, roads and beaches and canals.

Other significant expense items included in the budget include annual lifeguard service provision
by SLSQ, holiday park operations, Tourism Noosa payments for tourism promotion and operating
and maintenance costs for Council’s community and commercial facilities.

Finance Costs

Finance costs of $2.6 million includes $2.1 million for interest payments on Council borrowings
with Queensland Treasury Corporation, future landfill rehabilitation provisioning and bank and
merchant fees.


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