2017-06-12 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   12 JUNE 2017

                                   Attachment 1




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GENERAL COMMITTEE MEETING AGENDA                                                                                  12 JUNE 2017

                                                                                                                 Attachment 1
    Noosa Council
   Statement of Comprehensive Income
    For the Year Ended 30 June 2017
   As at 31 May 2017
                                                            Current              Current
                                                            Budget               Budget               Actual          Percentage
                                                              2017                YTD                 YTD            Annual Budget
                                                               $                    $                   $                  %

   Revenue
         Recurrent Revenue
         Rates, levies and charges                             62,319,194          62,319,194          62,398,364              100%
         Fees and charges                                       4,884,237           4,610,393            5,165,122             106%
         Dividend income                                        1,651,805             642,410             642,410               39%
         Interest received                                      4,415,093           3,754,054           4,003,762               91%
         Tax equivalents                                        1,489,834           1,055,623            1,055,623              71%
         Sale of Goods and Major Services                       7,937,430           7,355,221            7,846,432              99%
         Sale of Contract & Recoverable Works                      15,970              14,639               2,533               16%
         Rental & Lease Income                                  1,260,843           1,170,149            1,291,960             102%
         Other income                                            788,964              756,353            1,185,247             150%
         Grants, subsidies, contributions and donations         5,645,142           5,100,525            5,152,833              91%
                                                               90,408,512          86,778,562          88,744,286               98%
   Expenses
         Recurrent Expenses
         Employee benefits                                     28,798,222          25,299,654          25,026,490               87%
         Materials and services                                40,901,558          33,627,763          32,946,430               81%
         Finance costs                                          2,583,584           2,368,285            2,250,861              87%
         Depreciation and amortisation                         17,445,216          16,080,265           16,102,057              92%
         Other expenses                                            85,863              81,197             104,579              122%
                                                               89,814,444          77,457,164          76,430,416               85%

   Operating Result                                              594,068            9,321,398          12,313,870
   Capital Revenue
         Capital contributions and donations                    1,741,636           1,644,926            7,913,781            431%
         Grants, subsidies, contributions and donations         4,788,731           2,824,515            2,716,698              57%
         Other capital revenue                                          -                   -                    -
   Total Capital Revenue                                        6,530,367           4,469,441          10,230,479

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