2019-03-12 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                      12 MARCH 2019


1.     FINANCE

The objective of all services within the Community Facilities branch is to balance the demands of
access, equity and community service obligations with sound financial management, and
improving revenue through innovative and entrepreneurial approaches, whilst minimising
operational costs.

NCS financial performance for the period ending 31 December 2018



     Statement of Income and        2018/19           2018/19
            Expenses                Current            YTD            2018/19        %          YTD
                                    Budget            Budget            YTD        Current    Variance
                                                                      Actuals      Budget
Total Revenue                        2,984,584        1,992,095        2,002,991    67.1%          10,897
Total Expenditure                    2,984,584        1,509,368        1,513,323    50.7%          (3,955)
Operating Result                             0          482,726          489,668                     6,942


Expenditure Summary
Employee Benefits                    1,813,222          909,564         881,607     48.6%           27,957
Materials & Services                   666,297          347,272         377,889     56.7%         (30,617)
Finance Costs                                0                0              (1)   100.0%                1
Other Expenses                             528              264             264     50.0%                0
Depreciation & Amortization             39,501           19,751          19,751     50.0%                0
Internal Charges                       465,036          232,518         233,813     50.3%          (1,295)
Competitive Neutrality                       0                0                0     0.0%                0
Total                                2,984,584        1,509,368       1,513,323                    (3,955)




                               Noosa Community Support
2,500,000


2,000,000


1,500,000


1,000,000


 500,000


         0
                    Total Revenue                Total Expenditure             Operating Result
                                    2018/19                          2018/19
                                    YTD                              YTD
                                    Budget                           Actuals




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