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

Northland Regional Council - 21 October 2009 Page 96 Item 14EXPENDITUREYear to date expenditure is $5.69M compared to a budget of $6.31M, giving afavourable variance at the end of the first quarter of 10% $611K. Areas of note are asfollows:− Regional Information and Engagement is below budget for both the month ofSeptember and the year to date due publicity/education promotions expenditurenot coming on stream as profiled. Historically, the publicity/education budget isexpended over the summer months on events such as the Field Days, vehicleson beaches and harbour safety programmes.− Transport costs year to date are $97K below budget due to a number ofcontracted works not yet having come on stream, and minor variances againstbudget across a number of areas. It should be noted there is a correspondingdecrease in transport subsidy revenue.− Resource Management Planning is slightly over budget for the month due toconsultants costs in relation to the Aquaculture project, which is 50% funded byMinistry for the Environment, coming on stream. Year to date costs in this areaare under budget due to current staff vacancies in the department. Therecruitment process to fill the Resource Management Planning vacancies iscurrently underway with a view to having staff in position by the end ofDecember 2009.− Maritime is marginally over budget for the month as a result of a bulk fuelpurchase and overhaul work required on plant and equipment, however the yearto date position due to a large number of minor variances against budget.CAPITAL EXPENDITUREAt the end of the first quarter $256K has been spent on capital items out of anannual budget of $4.0M. Key items that make up this expenditure are the IRISproject ($82K), vehicle replacements ($70K), Maritime navigation aids ($39K) andthe upgrade to the roof of the Woolworths building ($27K). The budget for Capitalexpenditure is not phased.EXTRAORDINARY ITEMSExtraordinary items have been removed from operating results. The results afterremoving these items are a truer reflection of the operating results. The itemsclassified as extraordinary are:− the Recreational Facilities rate collected to fund the Regional Events Centretotalling $284K to date;− the costs contributed towards the Regional Events Centre which nowtotal $521K; and− notional revenue of $42K arising from navigation aids vested to the Council byNorthport Limited.