2017-09-18 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   18 SEPTEMBER 2017



                                      ATTACHMENT 1




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GENERAL COMMITTEE MEETING AGENDA                                                      18 SEPTEMBER 2017

                                                                                                 ATTACHMENT 1

 Noosa Council
Statement of Comprehensive Income
For the Year Ended 30 June 2018
As at 31 August 2017
                                                         Current             Current
                                                          Budget             Budget             Actual             Annual
                                                             2018              YTD                YTD              Budget
                                                           ($'000)            ($'000)            ($'000)                 %

Revenue
      Recurrent Revenue
      Rates, levies and charges                             63,848             31,924             32,004               50%
      Fees and charges                                       5,080              1,461              1,525               30%
      Dividend income                                        1,860                  -                  -                0%
      Interest received                                      4,390               282                323                 T%
      Tax equivalents                                        1,200               200                200                17%
      Sale of goods and major services                       8,312              1,256              1,395               17%
      Sale of contract and recoverable works                    16                  -                  1                6%
      Rental and lease Income                                1,322               257                260                20%
      Other income                                           1,110               187                224                20%
      Grants, subsidies, contributions and donations         5,063              1,018              1,126               22%
                                                            92,201             36,585             37,057               40%
Expenses
      Recurrent Expenses
      Employee benefits                                     30,338              4,549              4,457               15%
      Materials and services                                40,696              8,643              8,208               20%
      Finance costs                                          2,464               409                381                15%
      Depreciation and amortisation                         18,577              3,096              3,096               17%
      Other expenses                                          112                 28                 46                41%
                                                            92,187             16,726             16,188               18%

Operating Result                                               15              19,859            20,869

Capital Revenue
      Capital contributions and donations                    1,867               311                213                11%
      Grants, subsidies, contributions and donations         4,009               160                235                 6%
      Other capital revenue                                      -                  -                  -
Total Capital Revenue                                        5,876               471                448

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