2017-12-18 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA                                                   18 DECEMBER 2017


REPORT
Operating Revenue (YTD Benchmark 41.7%)
Council has received 48.7% ($45.2 million) of its operating revenue budget ($92.9 million).
Commentary on each revenue category is provided below:
  Rates and Levies – $31.9 million (50.0%) of the annual budget of $63.8m has been
    earned. Waste utility charges are slightly below budget ($42k).
  Fees and Charges – $2.8 million (54.0%) of the $5.1 million annual budget has been
    earned. A range of areas are above YTD budget including Development Assessment
    branch ($112k), community land use applications and permits ($62k), change of ownership
    ($32k), search fees ($23k), animal control ($21k) building and pool compliance fees ($34k).
    This is partially offset by plumbing application fees ($23k) and cemetery lot fees ($21k) and
    waste temporary services ($10k) being slightly below budget.
  Sale of Goods and Services - $3.7 million (43.9%) of the $8.4 million budget has been
    received, and is performing YTD budget due to the Noosa Aquatic Centre ($142k) and
    other community facilities ($37k), Holiday parks ($53k) and landfill disposal sales ($64k).
  Interest Received – $1.5 million (34.0%) of the $4.4 million annual budget has been
    earned and is $74k ahead of YTD budget.
  Dividend and Tax – Unitywater distributions are in line with budget.
  Other Revenue – $1.3 million (55%) of the $2.5 million budget has been earned.
    Performance is ahead of budget due to Rental income ($57k), The J ($25k), disaster
    insurance claims ($15k) and Fleet ($11k) as well as internal recoveries from the quarry
    ($105k), civil operations works ($70k) and waste management ($70k).
  Operating Grants, Subsidies and Contributions – Operational grants of $2.6 million
    (45.8%) are tracking above YTD budget. This includes Community Development grants for
    Get Active Teenagers, Come and Tri as well as Commonwealth Sports Day totalling $112k
    (not budgeted) and Noosa Community Support funding is also tracking $22k ahead of
    budget.

Figure 2: Operating Revenue Position by Type (Excluding Rates)
 $4.0
                                                       YTD Budget ($m)
 $3.5
                                                       YTD Actual ($m)
 $3.0

 $2.5

 $2.0

 $1.5

 $1.0

 $0.5

 $0.0
                                                       Income
          Charges




                                                                  Other
                                            Goods &




                                                                          Grants
                    Dividend &




                                            Services
                                            Sales of




                                                        Rental
                                 Interest
          Fees &




                        Tax




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