2019-08-06 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                      6 AUGUST 2019


1.      FINANCIAL PERFORMANCE

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 interim financial performance as at 30 June 2019


                                    2018/19           2018/19
                                                                      2018/19         %
     Statement of Income and        Current            YTD                                       YTD
                                                                       YTD          Current
            Expenses                Budget            Budget                                   Variance
                                                                      Actuals       Budget

Total Revenue                        2,960,948         2,960,948       2,965,782    100.2%            4,834
Total Expenditure                    2,960,948         2,960,948       2,982,480    100.7%         (21,532)
Operating Result                             0                 0         (16,697)                  (16,698)

Expenditure Summary
Employee Benefits                    1,813,222         1,813,222       1,754,609     96.8%           58,613
Materials & Services                   642,661           642,661         725,586    112.9%         (82,925)
Finance Costs                                0                 0              (1)   100.0%                1
Other Expenses                             528               528             528    100.0%                0
Depreciation & Amortization             39,501            39,501          35,543     90.0%            3,959
Internal Charges                       465,036           465,036         466,215    100.3%          (1,179)
Competitive Neutrality                       0                 0                0     0.0%                0
Total                                2,960,948         2,960,948       2,982,480                   (21,532)

*Please note figures are interim financial results only as final figures were not available at the
time of compiling this report.


                               Noosa Community Support
3,500,000

3,000,000

2,500,000

2,000,000

1,500,000

1,000,000

 500,000

          0
                    Total Revenue                Total Expenditure              Operating Result
(500,000)

                                    2018/19                          2018/19
                                    YTD                              YTD
                                    Budget                           Actuals



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