Annual Report 2020-21

          Noosa Shire Council


  Where was the budget spent?
  Council spends significant amounts of ratepayer funds providing a range of services to the Noosa
  community. A summary of the cost of the services for our major service areas is provided in Figure
  2. Spending on these services (including roads, bridges, parks, community facilities and waste
  management) makes up a significant component of Council’s annual budget.

  Figure 2 – Operating Cost of Core Council Services 2020/21 ($’000)

  $30,000
  $25,000
  $20,000
  $15,000

  $10,000
   $5,000
      $0
                                                                                             Property / Holiday Parks
                                Waste / Health




                                                                      Community Facilities




                                                                                                                                                                                                                                Local Laws
            Roads / Bridges /




                                                 Parks and Reserves




                                                                                                                                                                                                                                             Community Development
                                                                                                                                                                               Economic Development
                                                                                                                                                Planning and Environment
                                                                                                                        Libraries / Galleries




                                                                                                                                                                                                      Building / Plumbing




                                                                                                                                                                                                                                                                     Community Engagement
               Drainage




  Statement of Comprehensive Income
  This statement (also known as the profit                                                                                                                                 Figure 3 – Council Net Result Financial
  and loss) measures how Council performed                                                                                                                                 Performance 2020/21 ($’000)
  financially in relation to funding its operations
  during the financial year. In simple terms, it                                                                                                                                                                            2019/20                   2020/21
  summarises how much money was received by                                                                                                                                                                                 ($’000)                   ($’000)
  Council and how much was spent in a particular
                                                                                                                                                                            Revenue                                         111,738                   120,741
  year. Figure 3 summarises Council’s 2020/21
  financial performance.                                                                                                                                                    Expenses                                        101,828                   106,821

  The 2020/21 net result of $13.92 million                                                                                                                                  Net Result                                      9,910                     13,920
  includes non-operational items such as
  revenue received specifically to fund capital                                                                                                                             The removal of $8.37 million of non-
  expenditure (including grants and subsidies                                                                                                                               operational items shows Council’s actual
  and developer contributions), Council’s share                                                                                                                             operating deficit to be $0.34 million
  of Unitywater’s annual profit and an early
  repayment fee associated with the refinancing
  of Council’s QTC debt facility.




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