Our Plans for 2021/22 | Page 47

Our finances - Roads & drainage
Operations and maintenance
2018 / 19
$
2019 / 20
$
2020 / 21 Quarter 4 review
$
2021 / 22 Cost and funding estimates $
2021 / 22 Reduced budget
Operating revenue $ 9,890,727 $ 13,542,372 $ 11,342,016 $ 16,734,650 $ 15,586,950 Fees and charges 103,933 202,103 71,000 32,000 32,000
Grants , subsidies and contributions - operating
$
Identified Roads Grant 3,616,586 3,769,406 3,713,599 3,713,599 3,713,599 Disaster Recovery Funding Arrangements 160,537 207,791 1,390,573 7,664,664 6,516,964 Energy sector 368,132 330,768 521,082 221,334 221,334 Black Spot Funding - - 100,000 - -
Sales revenue ( including recoverable works
4,598,324
7,915,802
5,117,394
5,087,560
5,087,560
e . g . Road Maintenance Performance Contract ( RMPC )
Other revenue ( Energy sector )
1,043,215
1,116,502
428,368
15,493
15,493
Our plans for 2021 / 22
Operating expenses
$ 13,196,875
$ 17,355,105
$ 16,125,800
$ 24,095,430
$ 21,528,684
Employee costs
6,023,513
5,999,139
6,789,026
7,341,676
7,341,676
Materials and services - operations and
6,550,162
9,374,248
8,835,938
8,924,605
7,505,559
maintenance
Materials and services - flood damage restoration
559,084
1,820,405
255,819
7,664,664
6,516,964
One-off initiatives ( operating projects )
64,116
161,313
245,017
155,000
155,000
Note ( i )
Finance costs
-
-
-
9,485
9,485
Depreciation expense $ 11,300,083 $ 11,061,787 $ 11,325,881 $ 10,582,413 $ 10,582,413
Operating result / ( deficit ) - Contribution required from general revenue
($ 14,606,231 ) ($ 14,874,520 ) ($ 16,109,665 ) ($ 17,943,193 ) ($ 16,524,147 )
Capital funding and expenditure ( Renewal , new , upgrade works )
2018 / 19 2019 / 20
2020 / 21 Quarter 4 review
2021 / 22 Cost and funding estimates $
2021 / 22 Reduced budget
$
$
$
$
Capital funding
Queensland Disaster Resilience Funding
-
-
623,555
-
-
Transport Infrastructure Development Scheme
2,752,694
1,622,556
1,633,500
1,633,500
1,633,500
Works for Queensland
302,500
276,974
536,724
-
-
Disaster Recovery Funding Arrangements
-
-
-
16,064,731
15,261,494
Roads to Recovery
1,565,721
3,864,010
3,864,011
2,576,006
2,576,006
Local roads and community infrastructure
-
-
1,465,261
-
-
Heavy Vehicle Safety Productivity Program
-
-
832,500
-
-
Bridge Renewal Program
-
-
264,576
-
-
Grants , subsidies - other
170,500
623,374
528,351
454,324
454,324
Contributions
13,712,900
14,522,389
9,200,901
792,281
792,281
Loan proceeds
-
-
877,576
-
-
Cash reserve for capital
5,774,996
8,569,278
9,968,268
7,907,154
7,243,182
Total capital funding
$ 24,279,311
$ 29,478,581
$ 29,795,223
$ 29,427,996
$ 27,960,787
Capital expenditure Asset renewal - annual program
11,469,441
11,856,092
12,107,393
11,535,801
10,871,829
Asset renewal - flood damage restoration
-
-
-
16,064,731
15,261,494
New works
83,212
1,066,999
1,901,075
185,000
185,000
Upgrade works
12,726,658
16,555,490
15,786,755
1,558,648
1,558,648
Loan repayments
-
-
-
83,816
83,816
Total capital expenditure - Note ( ii )
$ 24,279,311
$ 29,478,581
$ 29,795,223
$ 29,427,996
$ 27,960,787
Notes ( i ) and ( ii ) over the page .
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