2019-08-12 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                           12 AUGUST 2019


 Category               Summary                               Comments
                                                               Recent downward movements in interest rates
                                                                 will impact on Council’s interest revenue on
                                                                 cash invested, and will need to be monitored
 Unitywater             On track                              Nil
 Dividend and
 Tax
 Other Revenue          $78k (9%) of the $880k                     Water Bottle filling station contribution from
                        budget has been earned                       MOU with Unitywater $11k (not budgeted)
                                                                   Civil operations internal recoveries for plant
                                                                     hire $85k (no budget)
 Operating              $815k (16%) of the $5.1                    Operating grants are in line with budget
 Grants,                million budget has been                      expectations at this stage.
 Subsidies              received                                   50% or $1.1 million of the financial assistance
                                                                     grant was again prepaid in June 2019 and may
                                                                     impact on Council’s 2019/20 final operating
                                                                     position if the prepayment approach is
                                                                     discontinued by the Australian government.

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

 $1.6
                                                                                YTD Budget ($m)
 $1.4
                                                                                YTD Actual ($m)
 $1.2

 $1.0

 $0.8

 $0.6

 $0.4

 $0.2

 $0.0
                                                                      Income
             Charges




                                                                                       Other




                                                                                                  Grants
                                                  Goods &
                          Dividend




                                                  Services
                                                  Sales of




                                                                       Rental
                                       Interest
             Fees &




                           & Tax




Operating Expenditure (YTD Benchmark 8.3%)

Actual operating expenditure is currently 9% ($8.6 million) of full year budget ($98.5 million).
Detailed commentary for each expenditure category is provided below.

Category               Summary                               Comments
Employee Costs         $2.4 million (7%) of the                   Under expenditure for permanent staff salaries
                       annual budget of $32.2                       and wages ($349k) partially offset by additional
                       million has been expended                    spend on casual staff and external labour hire
                                                                    ($80k)
                                                                  Staff training $4k above YTD budget (1% or
                                                                    $4k of $337k budget expended)
Materials and          $2.9 million (7%) of the $41.2             Community Development $42k below YTD
Services               million annual budget has                    budget (25% or $241k of $979k budget spent)
                       been expended.                               – timing of approved grants payments

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