2019-06-17 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                       17 JUNE 2019


Figure 4: Capital Revenue by Type

 $3.5
                                                         YTD Budget ($m)
 $3.0                                                    YTD Actual ($m)

 $2.5

 $2.0

 $1.5

 $1.0

 $0.5

 $0.0

                                             Subsidies
                  Contributions




                                                                         Contributed
                                              Grants /




                                                                           Assets
                     Cash




Capital Expenditure Program
Actual capital expenditure (excluding commitments) is $22.7 million (YTD budget $24.4 million).
Detailed discussion of progress in the delivery of the capital works program is provided via a
separate report by the Infrastructure Services Department.

Figure 5: Capital Program Delivery Performance

$25.0
                                                                  YTD Budget ($m)
                                                                  YTD Actual ($m)
$20.0


$15.0


$10.0


 $5.0


 $0.0
                             Capital works                   Other capital




Cash Management and Investment Performance
Total cash on hand at the end of May 2019 was $68.0 million. Included in this balance are funds
held in trust and for restricted purposes (e.g. unexpended levy and grant funds) and monies
committed for funding capital projects during the year. The cash balance will progressively
reduce over the next quarter, aligning to budget forecasts by year end, as operational and capital
expenditure outstrips expected revenue.




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