2018-12-17 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                 17 DECEMBER 2018


Capital Expenditure Program
Actual capital expenditure (excluding commitments) is $14.1 million (YTD budget $15.2 million).
Detailed discussion of progress in the delivery of the capital works program is provided through a
separate report by the Infrastructure Services Department.

Figure 5: Capital Program Delivery Performance

$14.0
                                                             YTD Budget ($m)
$12.0
                                                             YTD Actual ($m)
$10.0

 $8.0

 $6.0

 $4.0

 $2.0

 $0.0
                      Capital works                      Other capital




Cash Management and Investment Performance
Total cash on hand at the end of November was $63 million. Included in this balance are funds
held in trust and for restricted purposes (e.g. unexpended levy and grant funds).

The pie charts following present the mix of cash held at November 2018 by agency (graph on the
left) and by credit risk rating (graph on the right). All funds have been invested in accordance with
the Investment Policy and in consideration of the principles of ethical investment, preservation of
capital, return on investment and counterparty thresholds.

Figure 6: Closing Cash Held by Agency and Credit Rating


                    Bendigo                                             A3
                      6%                                             (Bendigo)
          Suncorp                                                       6%
           12%                                              A1
                                                         (Suncorp)
                                                           12%
        NAB                                                                         A1 +
        9%                                                                         (QTC)
                                      QTC                                           55%
                                                              A1 +
                                      55%
                                                          (CBA + NAB +
                                                            Wpac)…
              CBA
              18%




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