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Annual Report 2019-20

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Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2020

Note 3. Revenue           (continued)

                                                                                             2020           2019
                                                                               Notes         $'000          $'000


(d) Grants, Subsidies, Contributions and Donations (continued)

(ii) Capital

Capital revenue includes grants and subsidies received which are tied to specific projects for the replacement
or upgrade of existing non-current assets and/or investment in new assets. It also includes non-cash contributions
which are usually infrastructure assets received from developers.

State Government Subsidies and Grants                                                       1,878          1,437
Commonwealth Government Subsidies and Grants                                                3,364          1,468
Contributions                                                                               2,058          2,235
Non-monetary Developer Assets Contributed by Developers at Fair Value                       1,100          3,556
                                                                                            8,400          8,696

TOTAL CAPITAL GRANTS, SUBSIDIES,
CONTRIBUTIONS AND DONATIONS                                                                 8,400          8,696


Note 4. Interest and Other Income
(a). Other Income

Unitywater Income Tax Equivalent Received                                                   1,857          1,754
Other                                                                                         834            944

TOTAL OTHER INCOME                                                                          2,691          2,698


(b). Interest and Investment Revenue

Investments                                                                                 1,038          1,781
Interest from overdue Rates and Utility Charges                                               507            511
Loan to Unitywater                                                                          2,392          2,471

TOTAL INTEREST AND INVESTMENT REVENUE                                                       3,937          4,763




                                                                                                       page 14

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