2020-02-11 Services and Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                           11 FEBRUARY 2020


    YTD revenue for 2019/20 is ahead of budget primarily due to favourable weather conditions
      and focused marketing and management practices by the current managers.
    Operating expenses have exceeded budget due to brought forward expenditure on
      plumbing, electrical and building exterior repair works.

Noosa River Holiday Park

                          2019/20         2019/20        2019/20
Noosa River Holiday                                                    % Current        YTD
                          Current         Current         YTD
Park                                                                    Budget        Variance
                          Budget        Budget YTD       Actuals
Total Revenue               2,206,229       1,108,164     1,144,356        51.87%         36,192
Total Expenditure           1,500,605         780,231       723,518        48.22%         56,713
Operating Surplus             705,624         327,933       420,838                       92,905

    YTD revenue for 2019/20 has exceeded budget due to strong visitation.
    Operating expenses are behind budget due to the timing of planned maintenance works.

Noosa North Shore Campground

                          2019/20         2019/20        2019/20
North Shore                                                            % Current        YTD
                          Current         Current         YTD
Campground                                                              Budget        Variance
                          Budget        Budget YTD       Actuals
Total Revenue                 386,328               0              0         0.00%               0
Total Expenditure             369,205        134,924         93,644        25.36%         41,280
Operating Surplus              17,123       (134,924)      (93,542)                       41,280

    YTD revenue for 2019/20 is nil due to the site’s closure for redevelopment works.
    Redevelopment works are now complete and the booking system opened on 20 December
      2019.
    The site reopened on 20 January 2020.
    Operating expenses are under budget due to the site’s closure for redevelopment works.

Park Occupancy Performance

The graphs below summarises occupancy data to 31 December 2019.

Figure 1. Occupancy (%)
                                                         Figure 1 highlights the consistently
                                                         high levels of occupancy for Noosa
                                                         River Holiday Park, which reflects the
                                                         location of the park and its popularity
                                                         with customers. The Boreen Point
                                                         Campgrounds’ lower occupancy rates
                                                         reflect that these facilities are more
                                                         remote     and    offer     a   different
                                                         experience for customers. Noosa
                                                         North Shore Campground was closed
                                                         between July – December 2019 for
                                                         redevelopment works.




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