2017-02-13 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA   13 FEBRUARY 2017


                                        Attachment 1




                                       Page 59 of 61

GENERAL COMMITTEE MEETING AGENDA                                                                                     13 FEBRUARY 2017

                                                                                                                               Attachment 1

              Noosa Council
             Statement of Comprehensive Income
             For the Year Ended 30 June 2017
             As at 06-Feb-2017
                                                                    Current              Current
                                                                      Budget              Budget             Actual             Percentage
                                                                       2017               YTD                 YTD             Annual Budget
                                                                         $                   $                   $                   %

             Revenue
                   Recurrent Revenue
                   Rates, levies and charges                            62,319,194          63,053,594          63,060,911               101%
                   Fees and charges                                      4,487,451           3,092,485           3,666,541                82%
                   Dividend income                                       1,651,805             825,903             825,902                50%
                   Interest received                                     4,315,093           2,404,564           2,521,371                58%
                   Tax equivalents                                       1,489,834             741,511             741,511                50%
                   Sale of Goods and Major Services                      7,622,843           4,584,144           5,111,078                67%
                   Sale of Contract & Recoverable Works                     15,970               9,316               2,253                14%
                   Rental & Lease Income                                 1,237,656             777,208             893,874                12%
                   Other income                                            714,147             498,595             626,099                88%
                   Grants, subsidies, contributions and donations        5,591,811           3,280,438           3,330,935                60%
                                                                        89,445,804          79,267,757          80,780,475                90%
             Expenses
                   Recurrent Expenses
                   Employee benefits                                    28,636,365          16,381,574          15,990,782                56%
                   Materials and services                               40,561,935          21,571,282          20,787,827                51%
                   Finance costs                                        2,583,584            1,507,091           1,457,159                56%
                   Depreciation and amortisation                        17,122,216           9,987,959          10,310,609                60%
                   Other expenses                                           85,863              61,330              68,371                80%
                                                                        88,989,963          49,509,236          48,614,748                55%

             Operating Result                                             455,841           29,758,521          32,165,727
             Capital Revenue
                   Capital contributions and donations                   1,733,634           1,316,648           2,440,753               141%
                   Grants, subsidies, contributions and donations        5,179,000           1,266,254           1,304,513                25%
                   Other capital revenue                                         -                   -                   -
             Total Capital Revenue                                       6,912,634           2,582,902           3,745,267

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