2019-07-15 General Committee Agenda

GENERAL COMMITTEE MEETING REPORT                                                           15 JULY 2019

Capital Revenue
Annual capital revenue of $8.7 million received comprises cash contributions from developers ($2.2
million), capital grants ($3.4 million) and contributed assets ($3.6 million). Note that the timing of
capital grant receipts are generally dependent on the timing of grant conditions and also capital
delivery performance, and that the timing of the receipt of developer contributions (both cash and
contributed) is unpredictable.

Figure 4: Capital Revenue by Type

$4.0
                                                        Full Year Budget ($m)
$3.5
                                                        Full Year Actual ($m)
$3.0

$2.5

$2.0

$1.5

$1.0

$0.5

$0.0
                 Contributions




                                            Subsidies




                                                                             Contributed
                                             Grants /




                                                                               Assets
                    Cash




Capital Expenditure Program
Actual total capital expenditure excluding commitments is 91% ($25.8 million) of full year budget
($28.4 million). This comprises constructed capital works at 96% completion ($22.6 million) and
other capital including fleet replacement, ICT and Planning Scheme costs at 67% completion ($3.2
million).

Total actual capital expenditure will increase once expenditure accruals are finalised as part of end
of financial year processing.

Figure 5: Capital Program Delivery Performance

$25.0
                                                                 Full Year Budget ($m)
                                                                 Full Year Actual ($m)
$20.0


$15.0


$10.0


 $5.0


 $0.0
                            Capital works                         Other capital




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