2020-12-14 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                                              14 DECEMBER 2020


     Figure 3: Operating Expenditure Position by Type

     $18.0                                             $16.6 $16.7
     $16.0      $14.6 $14.2
                                                                                                           YTD Budget ($m)
     $14.0
                                                                                                           YTD Actual ($m)
     $12.0
     $10.0
                                                                                                         $7.9 $7.9
      $8.0
      $6.0
      $4.0
      $2.0                                                               $0.6 $0.6
                                                                                                                                                $0.1 $0.1
      $0.0




                                                                                  Finance Costs
                                                           Materials




                                                                                                            Depreciation
                    Employees




                                                                                                                                                       Other
     Capital Revenue
     YTD capital revenue of $4.2 million received comprises cash contributions from developers
     ($591k) and capital grants ($3.6 million). Note that the timing of capital grant receipts are
     generally dependent on the timing of grant conditions and also capital delivery
     performance, and that the timing of the receipt of developer contributions (both cash and
     contributed) is unpredictable.

     Figure 4: Capital Revenue by Type

      $4.0                                                                                        $3.6
      $3.5                                                             $3.1
                                                                                                           YTD Budget ($m)
      $3.0
                                                                                                           YTD Actual ($m)
      $2.5
      $2.0
      $1.5
      $1.0
                      $0.6                      $0.6
      $0.5
                                                                                                                           $0.0                 $0.0
      $0.0
                                Contributions




                                                                              Subsidies




                                                                                                                                  Contributed
                                                                               Grants /




                                                                                                                                    Assets
                                   Cash




     Capital Program
     Actual capital expenditure (excluding commitments) is $10.7 million (YTD budget $10.6
     million). Detailed discussion of progress in the delivery of the capital works program is
     provided through a separate report by the Asset Planning Manager.




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