2016-04-19 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA   19 APRIL 2016


                                                   Attachment 1




                                                   Page 28 of 29

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                                                  19 APRIL 2016

                                                                                                                  Attachment 1

   Noosa Council
  Statement of Comprehensive Income
  For the Year Ended 30 June 2016
  As at 31-Mar-2016
                                                           Current             Current
                                                           Budget              Budget              Actual            Percentage
                                                            2016                YTD                 YTD             Annual Budget
                                                              $                   $                   $                   %

  Revenue
        Recurrent Revenue
        Rates, levies and charges                            60,463,174          60,463,174          60,600,626                100%
        Fees and charges                                      5,062,480           4,368,788            4,661,829                92%
        Dividend income                                       1,925,140             847,366             847 366                 44%
        Interest received                                     4,568,059           3,451,459            3,658,883                80%
        Tax equivalents                                       1,088,812             815,674             815,674                 75%
        Sale of Goods and Major Services                      7,418,019           5,702,843            6,105,801                82%
        Sale of Contract & Recoverable Works                     15,364              11,523              (8,218)               -53%
        Rental & Lease Income                                 1,173,953             902,486             904,336                 77%
        Other income                                            721,908             545,581             905 ,239               125%
        Grants, subsidies, contributions and donations        5,592,339           4,292,645            4,326,586                77%
                                                             88,029,249          81,401,538          82,818,122                 94%
  Expenses
        Recurrent Expenses
        Employee benefits                                    27,657,354          20,189,709          20,054,197                 73%
        Materials and services                               40,057,058          28,248 247          25,983,213                 65%
        Finance costs                                         2,686,315            1,995,986           2,008,089                75%
        Depreciation and amortisation                        16,630,163          12,472,622           12,489,864                75%
        Other expenses                                          105,993              88,098              88,156                 83%
                                                             87,136,882          62,994,661          60,623,519                 70%

  Operating Result                                              892,367          18,406,877          22,194,602
  Capital Revenue
        Capital contributions and donations                   2,556,631           2,365,239            2,265,223                89%
        Grants, subsidies, contributions and donations        4,760,113           2,554,506            2,607 ,276               55%
        Other capital revenue                                         -                    -                   -
  Total Capital Revenue                                       7,316,744           4,919,745            4,872,499

                                                                                                                   Page 28 of 29