2015-10-14 Audit & Risk Committee Meeting - Draft Annual Financial Statements

NOOSA SHIRE COUNCIL

Notes to the financial statements
For the year ended 30 June 2015
                                                                                               2014
                                                                               2015         (6 months)

                                                                     Note        $              $
 3 Revenue analysis
   (a) Rates and charges                                             1.6(a)
           General rates                                                      44,865,172    23,340,488
           Separate rates                                                      5,044,577     2,527,651
           Special rates                                                       1,397,948       839,351
           Waste utility charges                                              10,617,388     5,015,495
           Rates and utility charge revenue                                   61,925,085    31,722,985
           Less: Discounts                                                    (1,793,041)     (889,269)
           Less: Pensioner remissions                                           (743,832)     (362,869)
       Net rates and utility charges                                          59,388,212    30,470,848

    (b)   Sale of goods and major services
             Sale of recyclables                                                 482,992        283,825
             Refuse tips and transfer station charges                          1,694,792        836,367
             Venue hire                                                          390,428        191,774
             Retail shop sales                                                   475,090         64,115
             Holiday parks fees and charges                                    2,859,041      1,315,057
             Learn to swim                                                       642,894        250,150
             Admission fees                                                      692,475        325,722
                                                                               7,237,712      3,267,009

    (c)   Fees and charges
             Building and development fees                                     2,288,735        924,707
             Permits and licences                                                753,830         96,365
             Fines and penalties                                                  56,591         46,289
             Registration fees                                                   168,437         11,331
             Parking penalties                                                   547,917        215,726
             Other statutory fees                                                458,153        205,896
             User fees and charges                                               669,289        661,691
                                                                               4,942,952      2,162,005

    (d) Interest received
            Investments                                                        1,834,868        958,097
            Loan to Unitywater                                                 2,692,198      1,323,951
            Over due rates and utility charges                                   479,140        238,077
                                                                               5,006,206      2,520,125

    (e) Other recurrent income
           Unitywater income tax equivalent received                             973,222       494,614
           Other income                                                        1,133,133       104,306
                                                                               2,106,355       598,920

 4 Grants, subsidies, contributions and donations                    1.6(b)
      (i)   Recurrent - grants, subsidies, contributions
             and donations are analysed as follows:
               General purpose grants                                          2,120,771        585,331
               Commomwealth subsidies and grants                               1,864,477        899,430
               State Government subsidies & grants                             1,019,746        385,455
               Other Non-Government Subsidies                                     30,612           -
               Donations                                                          32,834         20,663
           Total recurrent revenue                                             5,068,440      1,890,879




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