2020-12-14 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                             14 DECEMBER 2020


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

       $5.0
                                                        $4.4                               YTD Budget ($m)
       $4.5
                                                                                           YTD Actual ($m)
       $4.0
       $3.5          $3.2
              $3.0
       $3.0                                      $2.7
                                                                                                         $2.5
       $2.5                                                                                      $2.2
       $2.0
       $1.5                                                                                                      $1.1 $1.1
       $1.0                                                           $0.5
                                          $0.3                 $0.4
       $0.5                 $0.3                                               $0.3 $0.3

       $0.0




                                                                                                    Grants
                                                  Services




                                                                                                                    Unitywater
                 Charges




                                                                Income




                                                                                   Other
                                                  Goods &
                                                  Sales of




                                                                 Rental
                               Interest
                 Fees &




                                                                                                                     Share of
     Operating Expenditure (YTD Benchmark 41.7%)

     Actual operating expenditure is currently 40% ($39.5 million) of full year budget ($98.8
     million). Detailed commentary for each expenditure category is provided below.

      Category              Summary                                   Comments
      Employee Costs        $14.2 million (41%) of the                      Under expenditure for permanent staff
                            annual budget of $34.8                           salaries and wages ($1.2 million) partially
                            million has been                                 offset by additional spend on casual staff
                            expended                                         and external labour hire ($518k) as well as
                                                                             overtime and allowances ($76k)
      Materials and         $16.7 million (39%) of the                      Works operations $66k below YTD budget
      Services              $43.3 million annual                             (28% or $937k of $3.3 million budget
                            budget has been                                  spent) – pathways and bridges
                            expended.                                        maintenance work
                                                                            Parks and Landscapes $56k below YTD
                                                                             budget (36% or $1.6 million of $4.6 million
                                                                             budget spent) – due to timing of scheduled
                                                                             mowing and reactive arborist work
                                                                             anticipated to increase during the next few
                                                                             months (storm season)
                                                                            Holiday parks $170k above YTD budget
                                                                             (61% or $522k of $861k budget spent) –
                                                                             variable operating costs from parks
                                                                             reopening earlier than budgeted following
                                                                             COVID-19 pandemic related closures -
                                                                             offset by additional revenues
                                                                            Development application consulting and
                                                                             legal costs $75k above YTD budget (78%
                                                                             or $163k of $210k budget spent)
      Finance Costs         On track                                  Nil
      Depreciation          On track                                  Nil
      Other Expenses        On track                                  Nil




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