2021-01-18 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                                               18 JANUARY 2021


Operating Expenditure (YTD Benchmark 50.0%)
Actual operating expenditure is currently 48% ($47.5 million) of full year budget ($99.9 million).
Detailed commentary for each expenditure category is provided below.

 Category                    Summary                                       Comments
 Employee                    $16.9 million (49%) of the                        Under expenditure for permanent staff salaries
 Costs                       annual budget of $34.8                              and wages ($1.5 million) partially offset by
                             million has been expended                           additional spend on casual staff and external
                                                                                 labour hire ($625k) as well as overtime and
                                                                                 allowances ($143k)
 Materials and               $20.3 million (46%) of the                        Council buildings and facilities $101k below
 Services                    $43.3 million annual budget                         YTD budget (40% or $104k of $258k budget
                             has been expended                                   spent) – timing of maintenance work and
                                                                                 cleaning services
                                                                               Schoolies-related costs $71k unbudgeted – to
                                                                                 be addressed at budget review 3
                                                                               Development application costs $82k above YTD
                                                                                 budget (89% or $187k of $210k budget spent)
                                                                               Development legal appeals costs $69k above
                                                                                 YTD budget (56% or $620k of $1.1 million
                                                                                 spent)
                                                                               Environmental services $81k above YTD budget
                                                                                 (243% or $124k of $51k budget spent) – Noosa
                                                                                 River flow modelling and water quality
                                                                                 consultancy
                                                                               Holiday parks $267k above YTD budget (79% or
                                                                                 $679k of $861k budget spent) – variable
                                                                                 operating costs from parks reopening earlier
                                                                                 than budgeted following COVID-19 pandemic
                                                                                 related closures - offset by additional revenues
 Finance Costs               On track                                      Nil
 Depreciation                On track                                      Nil
 Other Expenses              On track                                      Nil

Figure 3: Operating Expenditure Position by Type

$25.0

                                    $19.8 $20.3                             YTD Budget ($m)
$20.0
            $17.3 $16.9                                                     YTD Actual ($m)
$15.0

                                                                                       $9.5 $9.5
$10.0

 $5.0
                                                      $0.8 $0.7                                          $0.1 $0.1
 $0.0
                                                           Finance Costs
                                        Materials




                                                                                          Depreciation
                 Employees




                                                                                                            Other




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