2019-02-12 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                12 FEBRUARY 2019


Key Comments Boreen Point Campground

Year to date revenue for 2018/19 is slightly behind budget but is on track to meet end of financial
year forecasts. Year to date expenses for the 2018/19 financial year are under budget due to the
timing of routine maintenance works.

Noosa River Holiday Park    2018/19         2018/19         2018/19        %             YTD
                            Original        YTD             YTD            Current       Variance
                            Budget          Budget          Actuals        Budget
Total Revenue                  2,057,126        1,033,518     1,070,677         52.0%         37,159
Total Expenditure              1,409,510          723,585       728,258         51.7%         (4,673)
Operating Surplus                647,616         309,933       342,418                        32,486

Key Comments Noosa River Holiday Park

 Year to date revenue has exceeded budget due to strong visitation due to favourable weather
   conditions and strong demand.
 Year to date operating expenses have slightly exceeded budget.
 The small amenities replacement and large amenities refurbishment projects have been
   completed.

North Shore Campground          2018/19         2018/19       2018/19       %             YTD
                                Current         YTD           YTD           Current       Variance
                                Budget          Budget        Actuals       Budget
Total Revenue                       400,651         196,575      323,772         80.8%       127,196
Total Expenditure                   359,902         200,755      227,473         63.2%       (26,698)
Operating Surplus                      40,749       (4.199)       96,299                     100,498

Key Comments Noosa North Shore Beach Campground

 Similar to Noosa River, year to date revenue is above budget. Conservative revenue
   forecasting due to the uncertainty regarding the timing of the campground redevelopment
   (and subsequent delay) is contributing to the positive result year to date.
 Year to date operating expenses have exceeded budget due to timing of required
   maintenance works.
 Redevelopment works are now timed to commence May/June 2019.

PARK OCCUPANCY PERFORMANCE

The table below summarises occupancy data to 31 December 2018. The table highlights a
95.8% occupancy rate for Noosa River Holiday Park (with powered caravan sites at 98.8%
occupancy) which reflects the location of the park and its popularity with customers. The Noosa
North Shore and Boreen Point Campgrounds’ lower occupancy rates reflect that these facilities
are more remote and offer a different experience for customers.

Location                          Occupants         Average Stay (Days)               % Site Occupied
Boreen Point                          8,542                         2.2                         35.17
Noosa River                          10,629                         4.5                         95.82
North Shore                           7,672                         2.9                         43.76




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