2020-02-11 Services and Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                     11 FEBRUARY 2020


6                        NOOSA HOLIDAY PARKS UPDATE REPORT TO 31 DECEMBER 2019
DOCUMENT INFORM AT ION




Author                           Property Advisor – Commercial Property, Robyn Mercer
                                 Corporate Services Department

Index                            ECM/ Subject: 8.16 Camping and Caravan Facilities (General)

Attachments                      Nil



EXECUTIVE SUMMARY
Not Applicable.

RECOMMENDATION
That Council note the report by the Property Advisor – Commercial Property to the Services &
Organisation Committee Meeting dated 11 February 2020 providing an update on operations of
the Noosa Holiday Parks for the period 1 July 2019 to 31 December 2019.


REPORT
Council operates one holiday park and two campgrounds offering a wide variety of unique
experiences for visitors. These Council business activities operate under management
agreements with varying terms to suite the scale of the operation, and are administered by
Council’s Property branch. This report provides an update on the business activities for the
period 1 July 2019 to 31 December 2019.

Financial Performance

TOTAL BUSINESS                            2019/20        2019/20      2019/20     % Current      YTD
ACTIVITY                                  Current        Current       YTD         Budget      Variance
                                          Budget       Budget YTD     Actuals
Total Revenue                              3,089,128      1,379,360   1,425,455       46.14%      46,095
Total Expenditure                          2,266,092      1,121,853   1,041,048       45.94%      81,283
Operating Surplus                           823,036         257,507     384,407                  126,900

Key Comments Total Business Activity

YTD Financial performance for the total business activity is positive, with revenue exceeding
budget year to date and expenses trending under budget year to date primarily due to the timing
of the closure of the Noosa North Shore Campground for the redevelopment works. Further
commentary on each site is included below.

Boreen Point Campground

                                          2019/20        2019/20      2019/20
Boreen Point                                                                      % Current      YTD
                                          Current        Current       YTD
Campground                                                                         Budget      Variance
                                          Budget       Budget YTD     Actuals
Total Revenue                                496,571        271,196     281,099       56.61%       9,903
Total Expenditure                            396,282        206,698     223,885       56.50%    (17,188)
Operating Surplus                            100,289         64,498      57,213                  (7,285)




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