2018-04-16 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                        16 APRIL 2018


Operating Expenditure (YTD Benchmark 75.0%)
Actual operating expenditure is currently 74% ($66.6 million) of full year budget ($92.9 million).
Detailed commentary for each expenditure category is provided below.

 Category                 Summary                       Comments
 Employee Costs           $19.1 million (63%) of the        Underspend in Salaries and Wages
                          annual budget of $30.4              ($1.3m) offset by casual staff ($437k) sick
                          million has been expended           leave ($354k) and external labour hire
                                                              ($327k)
                                                            Overspend in overtime (111% or $432k of
                                                              $399k budget expended)
                                                            Staff training (39% or $140k of $356k
                                                              budget expended)

 Materials and Services   $25.7 million (63%) of the        Economic Development contract services
                          $41.2 million annual budget         $220k below YTD budget (19% or 55k of
                          has been expended.                  $284k budget spent)
                                                            Natural Areas contract services $75k
                                                              below YTD budget (56% or $272k of
                                                              $483k budget spent)
                                                            Fleet and Plant contract services $42k
                                                              below YTD budget (70% or $919k of
                                                              $1.3m budget spent)
                                                            Libraries contract services below $87k
                                                              YTD budget (67% or $692k of $1.1m
                                                              budget spent)
                                                            Ringtail quarry contract services $54k
                                                              below YTD budget (61% or $228k of
                                                              $376k budget spent)
                                                            Cemeteries contract services $63k below
                                                              YTD budget (36% or $58k of $160k
                                                              budget spent) – offset by reduced
                                                              revenue
                                                            Noosa River Holiday Park contract
                                                              services $41k above YTD budget (72% or
                                                              $673k of $819k budget spent) – offset by
                                                              increased holiday parks revenue
                                                            Works operations maintenance contract
                                                              services $198k above YTD budget (79%
                                                              or $1.9m of $2.4m budget spent)
                                                            Parks / Arborist contract services $305k
                                                              above YTD budget (81% or $3.3m of
                                                              $4.1m budget spent)
                                                            Development appeal costs $223k above
                                                              YTD budget (121% or $675k of $555k
                                                              budget spent)

 Finance Costs            On track                      Nil
 Depreciation             On track however road and         Interim and final year reporting will
                          bridge asset revaluations           include    revaluation impacts   on
                          may have impacts                    depreciation

 Other Expenses           On track                      Nil



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