2019-02-12 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                               12 FEBRUARY 2019


Previous Council Consideration
Nil.
Finance
The current capital delivery expenditure to 30 January 2019 including actuals and commitments
is $22.5m or 75% of the capital program. The delivery and completion of projects continues
across the program with staffing resources to be allocated in the coming months to support the
design and delivery phases of the projects.
The table and the graph provided shows a breakdown of expenditure as at 30 January 2019.
              YTD Actual Expenditure                        $17,978,501
              Committed Expenditure                          $4,602,490
              Remaining Capital Expenditure                  $7,233,612
              Full Year Budgeted Expenditure                $29,814,603


              Remaining Capital
                Expenditure
                  24.26%

Committed
Expenditure
  15.44%


                                                                                     YTD Actual
                                                                                    Expenditure
                                                                                      60.30%




Risks & Opportunities
The current risk to the capital program is the resourcing of Design and Delivery staff. In mitigating
this risk projects will be reviewed and where necessary, projects will be re-profiled and adjusted
through the budget review process. In addition, the recruitment and appointment of Design and
Delivery staff is nearing completion.

Consultation
External Consultation - Community & Stakeholder
Nil.




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