Annual Report 2023-24

      Noosa Council




                                                                                                                                                                                           Financial Performance
      Notes to the Financial Statements
      for the year ended 30 June 2024

      Note 2. Analysis of Results by Function (continued)

      (b) Income, Expenses and Assets attributed to Council Functions

                                                      Gross Program Income         Elimination of               Gross Program    Elimination of
      Functions                                        Recurring       Recurring   Inter- function      Total      Expenses -    Inter- function        Total      Net          Total
      $ '000                                              Grants           Other    Transactions      Income        Recurring     Transactions      Expenses     Result        Assets

      2024
      Office of CEO & Mayor                                    –           4,524          (4,518)           6          (9,827)            1,184       (8,643)    (8,637)         1,377
      Community Services                                   5,913           6,804          (1,541)      11,176         (23,050)            4,896      (18,154)    (6,978)           376
      Corporate Services                                     243         103,128         (17,155)      86,216         (42,008)            3,674      (38,334)    47,882      1,469,833
      Development & Regulation                             1,949          14,311          (2,354)      13,906         (19,155)            5,006      (14,149)      (243)         3,143
      Infrastructure Services                             49,270          31,685          (4,133)      76,822         (73,911)           13,265      (60,646)    16,176          7,094
      Strategy & Environment                               2,414           3,790            (251)       5,953         (13,423)            1,927      (11,496)    (5,543)           (22)
      Investment in Associates                                 –           4,165                –       4,165                –                –             –      4,165        42,766
      Total                                             59,789         168,407         (29,952)      198,244       (181,374)           29,952      (151,422)    46,822     1,524,567
      2023
      Office of CEO & Mayor                                    –           3,358          (3,225)         133          (7,616)              911       (6,705)    (6,572)         1,377
      Community Services                                   3,370           6,589          (1,700)       8,259         (20,985)            4,001      (16,984)    (8,725)           357
      Corporate Services                                   2,383          92,059         (13,848)      80,594         (27,835)            2,932      (24,903)     55,691     1,453,414
      Development & Regulation                             2,829          13,296            (361)      15,764         (14,909)            2,745      (12,164)      3,600         1,879
      Infrastructure Services                             14,610          27,785          (3,900)      38,495         (73,252)           11,295      (61,957)   (23,462)           475
      Strategy & Environment                               1,431           3,718            (266)       4,883         (13,133)            1,416      (11,717)    (6,834)         1,121
      Investment in Associates                                 –           3,065                –       3,065                –                –             –      3,065        38,602
      Total                                             24,623         149,870         (23,300)      151,193       (157,730)           23,300      (134,430)    16,763     1,497,225




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                                                                                                                                                                                           Noosa Council Annual Report 23/24