Expenditure 2017-2018 2018-2019 2019-2020 2020-2021 $m $m $m $m Executive 0.9 0.8 0.8 0.7 Corporate Services 4.9 4.8 4.9 4.0 Technical Services 1.9 1.8 1.9 1.6 Partnerships & Innovation 1.7 1.5 1.6 1.3 Urban Renewal Staff Costs 3.1 3.3 3.4 2.8 – Greenfield Growth Areas Staff Costs 2.3 2.1 2.1 1.7 Melbourne’s – Regional Staff Costs 1.5 1.5 1.5 1.3 – External Project Costs 3.0 5.2 5.2 3.7 Grants to Council 2.9 2.9 2.9 0.0 Transfer to Government Agency 0.0 0.0 0.0 1.9 Total Expenditure 22.2 23.9 24.3 19.0 Net Surplus (Shortfall) for the year (2.4) (2.0) (2.1) (1.7) Movement in third party contributions 1.1 0.2 (0.2) 1.9 Adjusted Surplus (Shortfall) for the year (1.3) (1.8) (2.3) 0.2 Movement in Equity (excluding third party funding) Accumulated Surplus brought forward (not committed) 5.7 4.4 2.7 0.4 Adjusted Surplus (Shortfall) for the year (1.3) (1.8) (2.3) 0.2 Accumulated Surplus at the end of the year (not committed) 4.4 2.6 0.4 0.6 Reconciliation of movements in Equity (including third party funding) Total Accumulated Surplus brought forward 8.8 6.4 4.4 2.3 Net Surplus (Shortfall) for the year (2.4) (2.0) (2.1) (1.7) Total Accumulated Surplus at the end of the year 6.4 4.4 2.3 0.6
Expenditure 2017-2018 $m 2018-2019 $m 2019-2020 $m 2020-2021 $m Executive 0.9 0.8 0.8 0.7 Corporate Services 4.9 4.8 4.9 4.0 Technical Services 1.9 1.8 1.9 1.6 Partnerships & Innovation 1.7 1.5 1.6 1.3 Urban Renewal – Staff Costs 3.1 3.3 3.4 2.8 Melbourne’s Greenfield Growth Areas – Staff Costs 2.3 2.1 2.1 1.7 Regional – Staff Costs 1.5 1.5 1.5 1.3 External Project Costs 3.0 5.2 5.2 3.7 Grants to Council 2.9 2.9 2.9 0.0 Transfer to Government Agency 0.0 0.0 0.0 1.9 Total Expenditure 22.2 23.9 24.3 19.0 Net Surplus (Shortfall) for the year (2.4) (2.0) (2.1) (1.7) Movement in third party contributions 1.1 0.2 (0.2) 1.9 Adjusted Surplus (Shortfall) for the year (1.3) (1.8) (2.3) 0.2 Movement in Equity (excluding third party funding) Accumulated Surplus brought forward (not committed) 5.7 4.4 2.7 0.4 Adjusted Surplus (Shortfall) for the year (1.3) (1.8) (2.3) 0.2 Accumulated Surplus at the end of the year (not committed) 4.4 2.6 0.4 0.6 Reconciliation of movements in Equity (including third party funding) Total Accumulated Surplus brought forward 8.8 6.4 4.4 2.3 Net Surplus (Shortfall) for the year (2.4) (2.0) (2.1) (1.7) Total Accumulated Surplus at the end of the year 6.4 4.4 2.3 0.6
VPA-Business-Plan-2017-18.docx