2019-01-14 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                       14 JANUARY 2019


 Category                   Summary                                 Comments


 Materials and              $18.5 million (44%) of the                  ICT software and application costs $122k below
 Services                   $41.8 million annual budget                   YTD budget (44% or $888k of $2.0 million budget
                            has been expended.                            spent) – budget phasing being reviewed
                                                                        Parks and gardens water utility charges $83k
                                                                          below budget (30% or $125k of $416k budget
                                                                          spent)
                                                                        Canals and waterways contract services $79k
                                                                          below YTD budget (29% or $48k of $166k budget
                                                                          spent)
                                                                        Maintenance of Council leased properties $57k
                                                                          below YTD budget (40% or $848k of $2.1 million
                                                                          budget spent)
                                                                        Bushland reserves contract services $36k below
                                                                          YTD budget (26% or $104k of $404k budget spent)
                                                                        Development assessment legal appeals costs
                                                                          $227k above YTD budget (91% or $519k of $568k
                                                                          budget spent)
 Finance Costs              On track                                Nil
 Depreciation               On track                                Nil
 Other                      On track                                Nil
 Expenses

Figure 3: Operating Expenditure Position by Type

 $25
                                                     YTD Budget ($m)
                                                     YTD Actual ($m)
 $20

 $15

 $10

  $5

  $0
                                                          Finance Costs
                                        Materials




                                                                                    Depreciation
                Employees




                                                                                                    Other




Capital Revenue
YTD capital revenue of $2.2 million received comprises cash contributions from developers ($944k)
and capital grants ($1.3 million). Note that the timing of capital grant receipts are generally
dependent on the timing of grant conditions and also capital delivery performance, and that the
timing of the receipt of developer contributions (both cash and contributed) is unpredictable.




                                                                                                            Page 34 of 40