BUDGET REVIEW 2 (BR2) FOR THE 2024/25 FINANCIAL YEAR · Attachment 4 - BR2 Budget Financial Statements 2024-25

Attachment 4
                                        2024/25 Budget Statements                                                                                                                           STATEMENT OF CHANGES IN EQUITY
                                                                                                                                                                                                                  For the period ending 30 June
                                                                Original
                                                Actual                           BR1             BR2                                                                             Forecast
                                                                Budget
                                                2024             2025            2025            2025            2026            2027            2028            2029             2030            2031             2032            2033            2034
   Annual Result - Total Council
                                                $,000            $,000           $,000           $,000           $,000           $,000           $,000           $,000            $,000           $,000            $,000           $,000           $,000
Asset Revaluation Reserve

  Opening Balance                           $     334,616   $      357,102   $    357,102    $    316,106    $    363,820    $    405,735    $    445,468    $    483,585    $      520,525   $    554,738    $     588,321    $    623,165    $    659,308
  Change in Asset Revaluation Surplus      ($     18,509)   $       54,129   $     53,506    $     47,714    $     41,915    $     39,733    $     38,117    $     36,940    $       34,214   $     33,583    $      34,844    $     36,144    $     37,405
  Closing Balance                           $     316,107   $      411,231   $    410,608    $    363,820    $    405,735    $    445,468    $    483,585    $    520,525    $      554,738   $    588,321    $     623,165    $    659,308    $    696,713

Retained Surplus

  Opening Balance                           $   1,044,817   $    1,202,806   $   1,202,806   $   1,091,639   $   1,189,109   $   1,207,291   $   1,216,360   $   1,224,506   $    1,233,017   $   1,239,487   $    1,245,969   $   1,252,610   $   1,259,125
  Net Result                                $      46,822   $       17,343   $     95,543    $     97,469    $     18,182    $      9,069    $      8,146    $      8,511    $        6,469   $      6,482    $       6,641    $      6,515    $      5,800
  Closing Balance                           $   1,091,639   $    1,220,149   $   1,298,349   $   1,189,109   $   1,207,291   $   1,216,360   $   1,224,506   $   1,233,017   $    1,239,487   $   1,245,969   $    1,252,610   $   1,259,125   $   1,264,925

Total

  Opening Balance                           $   1,379,433   $    1,559,909   $   1,559,909   $   1,407,746   $   1,552,929   $   1,613,026   $   1,661,828   $   1,708,091   $    1,753,542   $   1,794,225   $    1,834,290   $   1,875,774   $   1,918,433
  Net Result                                $      46,822   $       17,343   $     95,543    $     97,469    $     18,182    $      9,069    $      8,146    $      8,511    $        6,469   $      6,482    $       6,641    $      6,515    $      5,800
  Change in Asset Revaluation Surplus      ($     18,509)   $       54,129   $     53,506    $     47,714    $     41,915    $     39,733    $     38,117    $     36,940    $       34,214   $     33,583    $      34,844    $     36,144    $     37,405
  Closing Balance                           $   1,407,746   $    1,631,380   $   1,708,957   $   1,552,929   $   1,613,026   $   1,661,828   $   1,708,091   $   1,753,542   $    1,794,225   $   1,834,290   $    1,875,774   $   1,918,433   $   1,961,638

Attachment 4 &%9 NOOSA 2024/25 Budget Statements STATEMENT OF CHANGES IN EQUITY @ ®& Council For the period ending 30 June Original PXeie-1| BR1 BR2 Forecast Budget Annual Result - Total Council yLIyZ. 2025 2025 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 $,000 $,000 $,000 $,000 $,000 $,000 $,000 $,000 $,000 $,000 $,000 $,000 $,000 Asset Revaluation Reserve Opening Balance $ 334,616 $ 357,102 $ 357,102 $ 316,106 $ 363,820 $ 405,735 $ 445,468 $ 483,585 $ 520,525 $ 554,738 $ 588,321 $ 623,165 $ 659,308 Change in Asset Revaluation Surplus ($ 18,509) $ 54,129 $ 53,506 $ 47,714 $ 41,915 $ 39,733 $ 38,117 §$ 36,940 $ 34,214 §$ 33,583 $ 34,844 $§$ 36,144 $ 37,405 Closing Balance $ 316,107 $ 411,231 $ 410,608 $ 363,820 $ 405,735 $ 445,468 $ 483,585 $ 520,525 $ 554,738 $ 588,321 $ 623,165 $ 659,308 $ 696,713 Retained Surplus OO Opening Balance $ 1,044,817 $ 1,202,806 $ 1,202,806 $ 1,091,639 $ 1,189,109 $ 1,207,291 $ 1,216,360 $ 1,224,506 $ 1,233,017 $ 1,239,487 $ 1,245,969 $ 1,252,610 $ 1,259,125 Net Result $ 46,822 $ 17,343 $ 95,543 $ 97,469 $ 18,182 $ 9,069 $ 8,146 §$ 8511 $§$ 6469 $ 6482 $§$ 6,641 $ 6515 $§$ 5,800 Closing Balance $ 1,091,639 $ 1,220,149 $ 1,298,349 $ 1,189,109 $ 1,207,291 $ 1,216,360 $ 1,224,506 $ 1,233,017 $ 1,239,487 $ 1,245,969 $ 1,252,610 $ 1,259,125 $ 1,264,925 Total $$ 3237570505050 Opening Balance $ 1,379,433 $ 1,559,909 $ 1,559,909 $ 1,407,746 $ 1,552,929 $ 1,613,026 $ 1,661,828 $ 1,708,091 $ 1,753,542 $ 1,794,225 $ 1,834,290 $ 1,875,774 $ 1,918,433 Net Result $ 46,822 $ 17,343 $ 95,543 $ 97,469 $ 18,182 $ 9,069 $ 8,146 §$ 8511 $§$ 6469 $ 6482 $ 6,641 $ 6515 $§$ 5,800 Change in Asset Revaluation Surplus ($ 18,509) $ 54,129 $ 53,506 $ 47,714 $ 41,915 $ 39,733 $ 38,117 $ 36,940 $ 34,214 $§$ 33,583 §$ 34,844 $§$ 36,144 $ 37,405 Closing Balance $ 1,407,746 $ 1,631,380 $ 1,708,957 $ 1,552,929 $ 1,613,026 $ 1,661,828 $ 1,708,091 $ 1,753,542 $ 1,794,225 $ 1,834,290 $ 1,875,774 $ 1,918,433 $ 1,961,638