2017-02-07 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                             7 FEBRUARY 2017


10                       NOOSA HOLIDAY PARK AND CAMPGROUNDS - UPDATE REPORT TO 31 DECEMBER
                         2016
DOCUMENT INFORM AT ION




Author                           Property Officer, Michelle Stirling
                                 Corporate Services

Index                            ECM/Subject: 8.16 Camping and Caravan Facilities (General)

Attachments                      Nil


EXECUTIVE SUMMARY
Not applicable.

RECOMMENDATION
That Council note the report by the Property Officer to the Services & Organisation Committee
Meeting dated 7 February 2017 providing an update on operations of the Noosa Holiday Park and
Campgrounds for the period 1 July 2016 to 31 December 2016.


REPORT
Council operates one holiday park and two campgrounds offering a wide variety of unique
experiences for visitors. These Council business activities operate under management agreements
with varying terms to suite the scale of the operation, and are administered by Council’s Property
branch. This report provides an update on the business activities for the period 1 July 2016 to 31
December 2016.

1                        FINANCIAL PERFORMANCE

                 TOTAL BUSINESS ACTIVITY        2016/17       2016/17        2016/17       %          YTD
                                                Current       YTD            YTD           Current    Variance
                                                Budget        Budget         Actuals       Budget
                 Total Revenue                    2,906,302     1,535,139      1,660,080     57.1%       124,941
                 Total Expenditure                2,120,218     1,056,750      1,025,614     48.4%        31,136
                 Operating Surplus                  786,084       478,389        634,466                 156,076

YTD financial performance of the total business activity is positive, with revenues above budget
due to increased patronage and expenses below budget. Whilst expenses are expected to match
budget at the end of the financial year positive revenue variances should hold (provided no adverse
weather events occur over the coming months).


                 Boreen Point Campground        2016/17       2016/17       2016/17      %            YTD
                                                Current       YTD           YTD          Current      Variance
                                                Budget        Budget        Actuals      Budget
                 Total Revenue                      418,736      230,583       236,784       56.5%          6,201
                 Total Expenditure                  341,848      151,240       156,546       45.8%        (5,307)
                 Operating Surplus                   76,888       79,343        80,237                        894




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