2022-07-18 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                                      18 JULY 2022


 Category                   Summary                                         Comments
                                                                             Waste Management $153k below FY budget
                                                                               (98.65% or $11.2 million of $11.3 million annual
                                                                               budget spent)
                                                                             Holiday Parks $610k above FY budget (136.48%
                                                                               or $2.28 million of $1.7 million annual budget
                                                                               spent) – offset by additional revenue.
                                                                             Civil Operations $526k above FY budget (107.0%
                                                                               or $7.9 million of $7.4 million annual budget
                                                                               spent). Some of this variance relates in part to
                                                                               flood remediation works undertaken to date and
                                                                               will be funded via disaster recovery grants.
 Finance Costs              On track                                        Nil
 Depreciation               On track                                        Nil
 Other Expenses             On track                                        Nil

Figure 3: Operating Expenditure Position by Type

$60.0
                                  $51.1                                       YTD Budget ($m)
                                            $47.3
$50.0                                                                         YTD Actual ($m)

$40.0       $38.1 $37.2


$30.0
                                                                                      $19.6 $19.6
$20.0

$10.0
                                                        $1.1 $1.1                                          $0.2 $0.2
 $0.0
                                                            Finance Costs
                                       Materials




                                                                                          Depreciation
                Employees




                                                                                                              Other




Tourism and Economic Development Investment Summary
Council resolved to report on a monthly basis, investment details for tourism and economic
development. Expenditure at 30 June 2022 is outlined below:
 Expenditure                           Annual Budget                              FY Budget              FY Actual       FY Variance
                                                 $m                                     $m                     $m
 Payment to Tourism Noosa                           $2.52                             $2.52                  $2.52                 -

 Economic Development                               $1.06                             $1.06                  $0.73             $0.33

 Total                                              $3.58                             $3.58                  $3.25             $0.33

All instalments payable under the Tourism Noosa agreement for the 2021-22 financial year have
been made. The current agreement, which was due for renewal at 30 June 2022 has been
extended for a further 12 months.
Economic Development expenditure is below budget due to lower employee costs ($105k), due
the Branch Manager acting as Director of Environment & Sustainable Development for part of the
financial year and vacancies in the branch. This has also impacted timing for delivery of initiatives
under the Local Economic Plan ($172k). The timing of the Firetech conference ($54k), which is
grant funded, has also been delayed due COVID impacts.

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