2018-12-17 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                           17 DECEMBER 2018


 Category             Summary                           Comments
 Operating            $2.1 million (41%) of the $5.3         Operating grants are in line with budget
 Grants,              million budget has been                  expectations at this stage.
 Subsidies            received                               50% or $1 million of the financial assistance
                                                               grant was prepaid in June 2018 and may
                                                               impact on Council’s 2018/19 final operating
                                                               position (if the prepayment approach is
                                                               discontinued by the Australian government).

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

 $4.5
                                                        YTD Budget ($m)
 $4.0
                                                        YTD Actual ($m)
 $3.5
 $3.0
 $2.5
 $2.0
 $1.5
 $1.0
 $0.5
 $0.0
                                                         Income
            Charges




                                                                       Other
                                             Goods &




                                                                                  Grants
                      Dividend




                                             Services
                                             Sales of




                                                          Rental
                                  Interest
            Fees &




                       & Tax




Operating Expenditure (YTD Benchmark 41.7%)

Actual operating expenditure is currently 38% ($36.8 million) of full year budget ($96.0 million).
Detailed commentary for each expenditure category is provided below.

 Category             Summary                           Comments
 Employee Costs       $11.7 million (36%) of the             Under expenditure for permanent staff salaries
                      annual budget of $32.3                   and wages ($745k) partially offset by additional
                      million has been expended                spend on casual staff and external labour hire
                                                               ($380k)
                                                             Staff training underspend of $71k YTD (noting
                                                               that $49k is committed to suppliers for future
                                                               training)
 Materials and        $16.0 million (38%) of the             Canals and waterways contract services $54k
 Services             $41.8 million annual budget              below YTD budget (25% or $42k of $166k
                      has been expended.                       budget spent)
                                                             ICT software and application costs $41k below
                                                               YTD budget (37% or $741k of $2.0 million
                                                               budget spent)
                                                             Maintenance of Council leased properties $40k
                                                               below YTD budget (34% or $711k of $2.1
                                                               million budget spent)
                                                             Economic development programs $41k below
                                                               YTD budget (21% or $43k of $209k budget
                                                               spent)

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