Capital and Major Projects

Capital and Major ProjectsMay 2026 YTD Actual ($'000)May 2026 YTD Q3 Budget ($'000)Variance Better/Worse ($'000) Variance Better/Worse (%) 2025/26 QBRS Q3 Budget ($000)Commentary
Income from Continuing Operations      
General Revenue-   -   -   n/a-    
User Charges & Fees902 836 66 7.9%1,836  
Other Income13 75 (62) (82.0)%100  Energy savings credits timing
Profit or (Loss) on Disposal-   -   -   n/a-    
Total Income915 911 0.5%1,936  
Expenses from Continuing Operations      
Employee Costs2,813 1,238 (1,575) <-100%1,306 Timing of salary capitalisation
Borrowing Costs-   -   -   n/a-    
Materials & Services2,179 3,289 1,110 33.8%4,900 Timing of traffic light signals spend
Other Expenses-   -   -   n/a-    
Depreciation & Amortisation-   -   -   n/a-    
Total Expense4,992 4,527 (465) (10.3)%6,206  
Total Surplus/(Deficit) before Funding(4,077) (3,616) (461) (12.7)%(4,270)  
Operating Grants & Contributions      
Operating Grants107 772 (665) (86.1)%2,472  
Total Surplus/(Deficit) after Operating Grants(3,970) (2,844) (1,126) (39.6)%(1,798)  
Page last updated: 15 Jun 2026