09 Financial Performance Report - Mar 2025

GENERAL COMMITTEE MEETING                                                       14 APRIL 2025



Figure 8: Capital Revenue by Type




Capital Program
Actual capital expenditure (excluding commitments and disaster projects) is $20.0 million (YTD
budget $33.7 million). Expenditure on disaster projects (excluding commitments) is $41.8 million
(YTD budget $76.8 million).

Detailed discussion of progress in the delivery of the capital works program is provided through
a separate quarterly report by the infrastructure team.

Figure 9: Capital Program Delivery Performance




Cash Management and Investment Performance
Total cash on hand at the end of March was $120.9 million. Included in this balance are funds
held in trust and for restricted purposes (e.g. unexpended levy and grant funds), prepaid grants
including the financial assistance grant, QRA disaster funding and other capital works grants,
prepayment of Waste Levy subsidy (3 years), and unspent monies committed for funding capital
projects which are underway and will continue during the financial year.