2020-08-17 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                                    17 AUGUST 2020


 Category               Summary                                Comments
 Unitywater             On track                               Nil
 Dividend and
 Tax
 Other Revenue          $206k (10%) of the $2.0                      Recoupment of Unitywater charges from
                        million budget has been                       lessees $55k above YTD budget - offset by
                        earned                                        additional utility charge expenses
 Operating              $840k (16%) of the $5.4                      Operating grants are in line with budget
 Grants,                million budget has been                       expectations at this stage
 Subsidies              received                                     50% ($1.2 million) of the financial assistance
                                                                      grant was again prepaid in May 2020 and may
                                                                      impact on Council’s 2020/21 final operating
                                                                      position if the prepayment approach is
                                                                      discontinued by the Australian government
 Unitywater             On track                                     Unitywater distributions are fixed each year so
 Distributions                                                        little budget variance risk
                                                                     Unitywater have advised that distributions will
                                                                      not change due to any COVID-19 impacts on
                                                                      its financial position

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

  $1.2
                                                                             YTD Budget ($m)
                 $1.0
  $1.0   $0.9                                                                YTD Actual ($m)
                                                                                                $0.8
                                                                                     $0.8
  $0.8
                                             $0.7

  $0.6                                $0.5

  $0.4

  $0.2                                              $0.1 $0.1                 $0.1
                        $0.0 $0.0                                    $0.1
                                                                                                       $-          $-
  $0.0
                                                                            Other
             Charges




                                                     Income




                                                                                       Grants
                                       Goods &




                                                                                                            Unitywater
                                       Services
                                       Sales of




                                                      Rental
                           Interest
             Fees &




                                                                                                             Share of




Operating Expenditure (YTD Benchmark 8.3%)
Actual operating expenditure is currently 9% ($8.9 million) of full year budget ($98.0 million).
Detailed commentary for each expenditure category is provided below.

 Category               Summary                                Comments
 Employee Costs         $2.6 million (8%) of the                     Under expenditure for permanent staff salaries
                        annual budget of $34.7                        and wages ($191k) partially offset by additional
                        million has been expended                     spend on casual staff and external labour hire
                                                                      ($93k).
 Materials and          $4.6 million (11%) of the                    Development Assessment legal appeals $74k
 Services               $42.7 million annual budget                   below YTD budget (2% or $17k of $1.1 million
                        has been expended.                            budget spent)
                                                                     Waste Management costs for landfill operation
                                                                      and waste collection $34k below YTD budget
                                                                      (7% or $673k of $9.8 million budget spent

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