2022-07-18 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                      18 JULY 2022


Category        Summary                   Comments
Fees and        $8.9 million (107.4%)        Property and Facility fees $240k above FY budget
Charges         of the $8.3 million           (158.7% or $648k of $408k annual budget earned)
                annual budget has            Plumbing application fees $162k above FY budget
                been earned                   (112.4% or $1.46 million of $1.3 million annual budget
                                              earned)
                                             Development assessment fees $75k above FY budget
                                              (103.1% or $2.5 million of $2.4 million annual budget
                                              earned)
                                             Local Laws fees $57k above FY budget (103.7% or
                                              $1.6 million of $1.6 million annual budget earned)
                                             Building application fees $41k above FY budget
                                              (104.8% or $898k of $857k annual budget earned)
Sale of Goods   $12.9 million (117%)         Holiday Park sales $706k above FY budget (123% or
and Services    of the $11.1 million          $3.8 million of $3.1 million annual budget earned) –
                annual budget has             offset in part by additional variable operating costs
                been received                Waste management sale of recoverable materials
                                              $595k above FY budget (152.4% or $1.7 million of $1.1
                                              million annual budget earned)
                                             Waste disposal fees $250k above FY budget (106.2%
                                              or $4.2 million of $4.0 million annual budget earned)
                                             Noosa Aquatic Centre revenue $150k above FY
                                              budget (108.7% or $1.87 million of $1.71 million annual
                                              budget earned)
Interest        $795k (119%) of the          Interest revenues on cash invested will need ongoing
Received        $670k annual budget           monitoring to ensure returns on surplus funds are
                has been earned               maximised as investment rates begin to increase.
Other Revenue   $2.8m (90%) of the           Waste kerbside waste bin recoveries from Cleanaway
                $3.1 million annual           below FY budget $123k (45.4% or $102k of $226k
                budget has been               annual budget earned) – correlates with lower kerbside
                earned                        bin purchases
                                             Holiday Park electricity recoupment below FY budget
                                              $118k. No revenue recouped FY due to supplier delays
                                              from COVID. Works have now commenced, and
                                              project is in implementation phase.
                                             Unbudgeted insurance proceeds received $52k
Operating       $8.4 million (142%) of       $1.4 million in Community resilience and disaster
Grants,         the $5.9 million annual       management grants have been received in respect to
Subsidies       budget has been               the recent flood event. These funds have been
                received                      recorded as operational grants until the program of
                                              works has been finalised.
                                             Council received $392k from the Black Summer
                                              Bushfire Recovery Grant program for building bushfire
                                              resilience through technology innovation with $167k
                                              allocated for operational projects.
                                             75% of the 2023 financial assistance grant was prepaid
                                              in April 2022. Historically only 50% of this grant is
                                              prepaid in June so this 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




                                                                                      Page 19 of 45