Original source · versioned page text
2017-08-08 Services & Organisation Committee Agenda
Very large file: it may take a few minutes
The original of this document is very large (13.1 MB). Opening the original or downloading it may take a few minutes. Please be patient and don't click again. The page text is quick to read. If you are on mobile data, it is best to wait until you are on Wi-Fi.
Text sections have not been matched to the original PDF pages. Use the original document to check page numbers.
SERVICES & ORGANISATION COMMITTEE MEETING AGENDA 8 AUGUST 2017
Waste Management 2016-17
2016/17 2016/17 2016/17 2016/17 %
Statement of Income and
Original Current YTD YTD Current YTD
Expenses
Budget Budget Budget Actuals Budget Variance
Total Revenue 14,012,611 14,279,460 14,279,460 14,561,686 102.0% 282,226
Total Expenditure 12,180,070 12,270,497 12,270,497 11,851,427 96.6% 419,070
Operating Result 1,832,541 2,008,963 2,008,963 2,710,259 701,296
Expenditure Summary
Employee Benefits 692,766 774,366 774,366 783,158 101.1% (8,792)
Materials & Services 8,463,275 8,461,200 8,461,200 8,024,176 94.8% 437,024
Finance Costs 157,584 157,584 157,584 164,827 104.6% (7,243)
Other Expenses 294 293 293 299 101.8% (5)
Depreciation & Amortization 675,087 691,929 691,929 693,831 100.3% (1,902)
Internal Charges 1,152,594 1,146,656 1,146,656 1,146,668 100.0% (12)
Competitive Neutrality 1,038,469 1,038,469 1,038,469 1,038,469 100.0% 0
Total 12,180,070 12,270,497 12,270,497 11,851,427 419,070
Waste Management
16,000,000
14,000,000
12,000,000
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
0
Total Revenue Total Expenditure Operating Result
2016/17 2016/17
YTD YTD
Budget Actuals
Budget Commentary
The Waste Section budget report for the 2017FY indicates that revenue was above estimates
and expenditure was below estimates. There was an annual operating surplus of $2,008,963
which was $701,296 better than predicted.
The higher than expected revenue was attributed to a number of variables including:
A higher than predicted volume of waste brought to waste facilities.
More recycled material sold than predicted.
The price of recycled metal remained higher than predicted.
Royalties generated from methane gas extraction were more than predicted.
Page 78 of 146
See the original
The page text is free to read. Viewing or downloading an original file needs an account.
Log in to see the originalLog in to download the original file
Very large file: the download may take a few minutes. If you are on mobile data, it is best to wait until you are on Wi-Fi.
Searchable page text hides email addresses. Original files are unchanged and may show email addresses.