2023-03-13 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING REPORT                                                      13 MARCH 2023


Figure 2: Operating Revenue Position by Type (Excluding Rates)




Operating Expenditure (YTD Benchmark 66.67%)
Actual operating expenditure is currently 63.1% ($75.2 million) of full year budget ($119.1 million).
Detailed commentary for each expenditure category is provided below.

 Category            Summary             Comments
 Employee Costs      $25.7 million          YTD under expenditure for permanent staff salaries and
                     (60.6%) of the          wages ($1.8 million) due to position vacancies, partially
                     annual budget of        offset by additional spend on casual staff and external
                     $42.3 million has       labour hire ($871.8).
                     been expended          Training costs $25.6k under YTD budget (51.3% or $191.9k
                                             of $374.0k annual budget spent)
                                            Council’s Certified Agreement annual salary increase was
                                             due in late February 2023 and is linked to the CPI Brisbane
                                             Dec Qtr index. Council’s current budget includes provision
                                             for a 5.0% CPI increase however the actual CPI for the Dec
                                             Qtr was 7.7%. As such the actual financial impact will be
                                             higher than originally forecast. This shortfall will be offset
                                             against current year employee cost savings and will be
                                             reflected in the March 2023 reports.
 Materials and       $35.5 million          Civil Operations $551.6k over YTD budget (72.6% or $6.1
 Services            (63.7%) of the          million of $8.4 million annual budget spent)
                     $55.7 million          Holiday Parks $296.3k above YTD budget (85.9% or $1.8
                     annual budget has       million of $2.0 million annual budget spent) – offset by
                     been expended.          additional revenue.
                                            Environment & Sustainable Development Management
                                             $179.9k over YTD budget (816.4% or $191.9k of $23.5k
                                             annual budget spent)
                                            Community Facilities $213.5k over YTD budget (73.5% or
                                             $1.7 million of $2.3 million annual budget spent)
                                            CEO Office $100.3k over YTD budget (112.8% or $514.3k
                                             of $414.0k annual budget spent)
                                            Fleet $70.8k over YTD budget (68.64% or $922.0k of $1.4
                                             million annual budget spent)
                                            Insurance Costs $51.2k over YTD budget (106.3% or
                                             $777.1k of $730.9k annual budget spent)
                                            Asset Management $163.7k below YTD budget (34.9% or
                                             $525.4k of $1.5 million annual budget spent)
                                            Development Assessment $121.3k below YTD budget
                                             (46.0% or $638.8k of $1.4 million annual budget spent)

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