2020-08-17 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                                                                            17 AUGUST 2020


 Category                                Summary                                                  Comments
 Finance Costs                           On track                                                 Nil
 Depreciation                            On track                                                 Nil
 Other Expenses                          On track                                                 Nil

Figure 3: Operating Expenditure Position by Type

$5.0                                                     $4.7 $4.6
                                                                                                  YTD Budget ($m)
$4.5
$4.0                                                                                              YTD Actual ($m)
$3.5
$3.0        $2.6 $2.6
$2.5
$2.0                                                                                                     $1.6 $1.6
$1.5
$1.0
$0.5                                                                     $0.1 $0.1                                                        $0.0             $-
$0.0
                                                            Materials




                                                                                Finance Costs




                                                                                                            Depreciation
               Employees




                                                                                                                                                   Other
Capital Revenue
YTD capital revenue of $900k received comprises cash contributions from developers ($69k) and
capital grants ($831k). 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

 $0.9                                                                   $0.8                    $0.8
 $0.8
 $0.7                                                                                                          YTD Budget ($m)
                                                                                                               YTD Actual ($m)
 $0.6
 $0.5
 $0.4
 $0.3
                           $0.2
 $0.2
                                                  $0.1
 $0.1
                                                                                                                           $-                 $-
 $0.0
                                  Contributions




                                                                               Subsidies




                                                                                                                                Contributed
                                                                                Grants /




                                                                                                                                  Assets
                                     Cash




Capital Program
Actual capital expenditure (excluding commitments) is $420k (YTD budget $291k). Capital
carryovers included in the budget review will increase the total capital program. 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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