2017-06-29 Special Meeting Agenda

Noosa Shire Council
2017/18 Budget Statements
For the period ending 30 June
Annual Result - Business Activities                                 Waste Management                             Holiday Parks
                                                                    2017                 2018                 2017             2018
Statement of Comprehensive Income                                   $,000                $,000                $,000            $,000

Income

Revenue
      Recurrent revenue
      Net rates, levies and charges                             $     11,267         $     11,496         $           -                 -
      Fees and charges                                          $               35   $               36   $               26           16
      Sale of Goods and Major Services                          $      2,524         $      2,630         $      2,897             3,142
      Internal Sales/Recoveries (*)                             $          243       $          255       $           -                 -
      Competitive Neutrality Adjustments                        $               57   $               90   $           -                 -
      Other income                                              $          153       $          170       $           -                 1
      Grants, subsidies, contributions and donations            $           -        $           -        $           -                 -
      Total revenue                                             $     14,279         $     14,678         $      2,923             3,159

Expenses

      Recurrent expenses
      Employee benefits                                         $          774       $          765       $               14            3
      Finance Costs                                             $          158       $          158       $           -                 -
      Materials and services                                    $      8,461         $      8,199         $      1,237             1,285
      Depreciation and amortisation                             $          692       $          732       $          137               144
      Internal Expenditure                                      $      1,147         $      1,174         $          248               252
      Competitive Neutrality Adjustments                        $      1,038         $      1,086         $          489               581
      Other expenses                                            $               0    $               0    $               1             1
      Total expenses                                            $     12,270         $     12,114         $      2,127             2,266
Net result                                                      $      2,009         $      2,564         $          796               894
(*)     The internal recovery of Competitive Neutrality Adjustments includes payment of Community Service Obligations includes the following:
        Waste Management ($,000)
        Free/subsidised disposal of waste by residents          $               48   $               60
        RSPCA holding tank collection                           $               9    $               17
        Disposal of illegal dumping waste                       $           -        $               7
        Free green waste disposal for sporting organisations    $           -        $               6
                                                                $               57   $               90
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