09 Financial Performance Report - Mar 2025

GENERAL COMMITTEE MEETING                                                          14 APRIL 2025


Category         Summary                        Comments
Employee Costs   $38.9 million (73.3%) of the      •   Expenditure for permanent staff salaries
                 annual budget of $53.1                and wages underspent ($1.8 million) due to
                 million has been expended             position vacancies and the recoupment of
                                                       YTD vacancy dividend. This underspend is
                                                       offset by additional spend on casual staff
                                                       and external labour hire ($1.3 million).
                                                   •    The renegotiation of the Council's certified
                                                       agreement is still ongoing, accordingly the
                                                       forecast salary increases commencing
                                                       March 2025 have not yet taken effect. This
                                                       is also contributing to the YTD underspend
                                                       in employee costs. Once the agreement is
                                                       finalised and backpay is approved, these
                                                       savings will be used to cover these costs.
                                                   •   Training costs are ahead of forecast at this
                                                       point in the year (85.0% or $328.1k of
                                                       $291.3k annual budget spent)
Materials and    $44.9 million (71.4%) of the      •   Civil Operations $855.9k above YTD budget
Services         $62.8 million annual budget           (83.6% or $7.9 million of $9.5 million annual
                 has been expended.                    budget spent)
                                                   •   Holiday Parks $136.7k above YTD budget
                                                       (78.7% or $2.0 million of $2.6 million annual
                                                       budget spent) offset by additional revenue
                                                   •   Streetlighting $135.9k above YTD budget
                                                       (84.8% or $951.2k of $1.1 million annual
                                                       budget spent)
                                                   •   Disaster Management $103.1k above YTD
                                                       budget (206.6% or $127.9k of $61.9k
                                                       annual budget spent) This includes costs
                                                       relating to the local disaster coordination
                                                       centre established for Tropical Cyclone
                                                       Alfred.
                                                   •   Fleet $65.0k above YTD budget (79.7% or
                                                       $1.3 million of $1.6 million annual budget
                                                       spent)
                                                   •   Waste Management $125.7k below YTD
                                                       budget (71.7% or $10.6 million of $14.8
                                                       million annual budget spent)
                                                   •   Transport & Traffic planning $93.9k below
                                                       YTD budget (58.1% or $203.3k of $349.6k
                                                       annual budget spent)
                                                   •   Development Assessment $111.1k below
                                                       budget (74.9% or $983.9k of a $1.3 million
                                                       annual budget spent)
                                                   •   Arts & Culture $107.3k below budget
                                                       (61.8% or $1.6 million of $2.6 million annual
                                                       budget spent)
                                                   •   Sports & Active lifestyles $90.4k below
                                                       budget (67.7% or $1.1 million of a $1.6
                                                       million annual budget spent)
                                                   •   Properties $83.4k below budget (69.9% or
                                                       $1.9 million of $2.8 million annual budget
                                                       spent)
                                                   •   Buildings and Facilities $69.7k below
                                                       budget (64.5% or $796.6k of a $1.2 million
                                                       annual budget spent)