2020-07-10 SM Agenda - Item 3 - Attachment 1 - Noosa Council 2020-21 Budget Document

Noosa Shire Council
2020/21 Budget Statements                          STATEMENT OF INCOME AND EXPENDITURE - BUSINESS ACTIVITIES
For the period ending 30 June
Annual Result - Business Activities                                             Waste Management                        Holiday Parks
                                                                                2020                2021             2020            2021
Statement of Comprehensive Income                                               $,000               $,000            $,000           $,000

Income

Revenue
      Operating revenue
      Net rates, levies and charges                                        $      12,065        $     12,358     $           -                -
      Fees and charges                                                     $           178      $          177   $           14              15
      Sale of Goods and Major Services                                     $       3,834        $      4,024     $      3,075            1,647
      Internal Sales/Recoveries                                            $           251      $          292   $           -                -
      Competitive Neutrality Adjustments (*)                               $           110      $          126   $           -                -
      Other income                                                         $           196      $          238   $               1            -
      Grants, subsidies, contributions and donations                        $           -       $           15   $           -                -
      Total operating revenue                                              $      16,633        $     17,230     $      3,090            1,662

Expenses

      Operating expenses
      Employee benefits                                                    $           874      $          932   $           19              19
      Finance Costs                                                        $           177      $          206   $           -                -
      Materials and services                                               $       9,428        $      9,795     $      1,375                861
      Depreciation and amortisation                                        $           761      $          806   $          177              197
      Internal Expenditure                                                 $       1,471        $      1,665     $          220              235
      Competitive Neutrality Adjustments                                   $       1,100        $      1,077     $          475              220
      Other expenses                                                       $                0   $           0    $               2            2
      Total operating expenses                                             $      13,812        $     14,481     $      2,269            1,534

Net result                                                                 $       2,822        $      2,749     $          821              127
(*)     Competitive Neutrality Adjustments includes payment of Community Service Obligations, which includes the following:
        Waste Management ($,000)
        Subsidised waste disposal (residents & sporting organisations)     $            80      $           80
        RSPCA holding tank collection                                      $                9   $           9
        Disposal of illegal dumping waste                                  $            21      $           21
        Teerwah bin collection service provision                                       n.a.     $           15
                                                                           $           110      $          126




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