Complete agenda for October 2009 Council Meeting (pdf, 1610KB)

Northland Regional Council - 21 October 2009 Page 103 Item 14Monthly Report for September 2009September 2009YEAR TO DATETotal Transport Actual Budget Variance Var % YTD Actual YTD Budget Variance Var % Annual Budget¹RevenueRates 54,835 53,918 917 2% 163,801 161,755 2,047 1% $647,018User Fees and Sundry 66,046 58,073 7,973 14% 164,203 174,220 (10,017) -6% $721,879Grants and Subsidies 106,338 84,902 23,176 27% 165,307 254,707 (89,400) -35% $993,829-$227,218 $196,893 32,065 16% $493,311 $590,681 (97,371) -16% $2,362,726ExpenditureRegional Transport Management $34,135 $27,748 (6,387) -23% $64,557 $72,499 $7,942 11% $306,453Passenger Transport Administration $206,747 $204,161 $(2,586) -1% $504,539 $601,239 $96,700 16% $2,396,905$240,882 $231,909 $(8,973) -4% $569,097 $673,738 $104,642 16% $2,703,358Net Cost/(Surplus) of Service $13,664 $35,016 21,352 61% $75,786 $83,057 7,271 9% $340,632Capital Expenditure $0 $0 $90,000Notes1. The Regional Transport Management Budget is $29,458 over that published in the 2009/19 LTCCP due to the carry over of $29,458 for the Regional Land Transport Strategy.RevenueMonth resultsUser Fees and Sundry shows a favourable variance primarily due to revenue from the Super Gold Card Scheme which was not budgeted.Grants & Subsidies favourable variance arises from a timing difference in accruing NZTA subsidy revenue, and offsets the unfavourablevariance last month.Year to Date resultsUser Fees and Sundry remains below budget due to lower passenger numbers on buses than expected.Grants and Subsidies variance arises because there is no accrual for admin subsidies at this stage. The accrual will be done when thebudget is finalised.ExpenditureMonth resultsRegional Transport Management variance is due to the phasing of the consultants expenditure budget, and therefore is a timingdifference only.Year to Date resultsRegional Transport Management is in a favourable position at the end of the quarter, with key areas of saving due to budget phasingbeing printing & stationery and advertising.Passenger Transport Administration shows a favourable variance at the end of the first quarter due to a number of budgetedcontracted works not having come on stream as yet, and the phasing of consultants and advertising and promotion costs.