2022-06-13 General Committee Meeting Agenda PUBLIC

GENERAL COMMITTEE MEETING AGENDA                                                                          13 JUNE 2022


$1.4 million in disaster recovery funding has been received to date and additional funding will be
sought once assessments are completed and the program of works finalised.
Capital Revenue
YTD capital revenue of $15.1 million received comprises cash contributions from developers ($2.0
million) and capital grants ($12.4 million). Note that the timing of capital grant receipts are generally
dependent on the timing of grant conditions and also capital delivery performance, and that the
timing of the receipt of developer contributions (both cash and contributed) is unpredictable.


Figure 4: Capital Revenue by Type

$14.0
                                                              $12.4
                                                                         YTD Budget ($m)
$12.0
                                              $10.3                      YTD Actual ($m)
$10.0

 $8.0

 $6.0

 $4.0
                $1.4                   $2.0
                                                                              $1.3
 $2.0                                                                                              $0.7

 $0.0
                       Contributions




                                                      Subsidies




                                                                                     Contributed
                                                       Grants /




                                                                                       Assets
                          Cash




Capital Program
Actual capital expenditure (excluding commitments) is $29.5 million (YTD budget $43.4 million).
Detailed discussion of progress in the delivery of the capital works program is provided through a
separate quarterly report by the Asset Planning Manager.

Figure 5: Capital Program Delivery Performance
               $38.1
$40.0

$35.0                                                                    YTD Budget ($m)

$30.0                                                                    YTD Actual ($m)
                                   $26.1
$25.0

$20.0

$15.0

$10.0
                                              $4.0                $2.1
 $5.0
                                                                             $1.3              $1.3
 $0.0
                Capital works                  Other capital                Loan redemption




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