2022-08-15 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                      15 AUGUST 2022


 Category              Summary                     Comments
                       budget  has          been
                       earned
 Operating             $390k (8.0%) of the         •      Operating Grants and subsidies is in line with budget
 Grants,               $4.9 million annual                expectations at this stage
 Subsidies             budget   has   been         •      75% ($1.9 million) of the financial assistance grant was
                       received                           again prepaid in June 2022 and may impact on
                                                          Council’s 2022/23 final operating position if the
                                                          prepayment approach is discontinued by the
                                                          Australian government.
 Unitywater            On track                    •      Unitywater distributions are fixed each year so little
 Distributions                                            budget variance risk


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

  $1.2
         $1.1                               $1.1
                $1.0                 $1.0                                  YTD Budget ($m)
  $1.0
                                                                           YTD Actual ($m)
  $0.8

  $0.6

                                                                                  $0.4 $0.4
  $0.4
                              $0.2                         $0.2
                       $0.1                        $0.2
  $0.2
                                                                     $0.1 $0.1
                                                                                               $-          $-
  $0.0
                                                       Income




                                                                         Other
             Charges




                                                                                     Grants




                                                                                                    Unitywater
                                      Goods &
                                      Services
                                      Sales of




                                                        Rental
                          Interest
             Fees &




                                                                                                     Share of




Operating Expenditure (YTD Benchmark 8.3%)
Actual operating expenditure is currently 87% ($95.9 million) of full year budget ($110.1 million).
Detailed commentary for each expenditure category is provided below.



 Category              Summary                                   Comments
 Employee Costs        $2.9 million (7.1%) of the                •   YTD under expenditure for permanent staff
                       annual budget of $42.1 million                salaries and wages ($354k) due to position
                       has been expended                             vacancies, partially offset by additional spend on
                                                                     casual staff and external labour hire ($117k).
                                                                 •   Training costs $4k below YTD budget (6.5% or
                                                                     $25k of $374k annual budget spent)
 Materials and         $3.7 million (6.8%) of the                •   Civil Operations $71k under YTD budget (4.0% or
 Services              $54.8 million annual budget                   $338k of $8.4 million annual budget spent).
                       has been expended.                        •   Community Facilities $65k below YTD budget
                                                                     (6.1% or $142k of $2.3 million annual budget
                                                                     spent)
                                                                 •   Council Buildings & Amenities $48k below YTD
                                                                     budget (2.7% or $28k of $1.0 million annual
                                                                     budget spent)



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