2018-01-15 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                      15 JANUARY 2018


Operating Expenditure (YTD Benchmark 50.0%)
Actual operating expenditure is currently 46.7% ($43.4 million) of full year budget ($92.9 million).
Detailed commentary for each expenditure category is provided below:
    Employee Costs – $14.5 million (47.6%) of the annual budget of $30.4 million has been
      expended. Underspend in Salaries and wages ($697k) is offset by spend above budget on
      overtime ($109k) as well as casual staff and external labour hire ($514k). Training and
      study assistance ($133k) is also below YTD budget.
    Materials and Services – $18.3 million (44.4%) of the $41.2 million annual budget has
      been expended. Contract services are below YTD budget ($551k) within a range of areas
      including Waste Management ($109k), Public Transport Levy ($44k), Heritage Levy ($30k)
      and Environment Levy ($36k), Bushland Reserves ($35k), Library and Gallery programs
      ($29k) Economic Development ($62k) and Community Development ($25k). This is
      partially offset by budget in Civil Operations above budget due to arborist and other
      contractual costs ($247k) and also a public interest disclosure review ($37k unbudgeted).
    Finance Costs – in accordance with YTD budget.
     Depreciation Expense – in accordance with YTD budget.
     Other Expenses – in accordance with YTD budget.

Figure 3: Operating Expenditure Position by Type
 $20
                                          YTD Budget ($m)
 $18
                                          YTD Actual ($m)
 $16
 $14
 $12
 $10
  $8
  $6
  $4
  $2
  $0
                                              Finance Costs
                              Materials




                                                              Depreciation
              Employees




                                                                              Other




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