2017-02-07 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                        7 FEBRUARY 2017


1.      FINANCE

The objective of all services within the Community Facilities branch is to balance the demands of
access, equity and community service obligations with sound financial management, and
improving revenue through innovative and entrepreneurial approaches, whilst minimising
operational costs.

NCS YTD financial performance as at 31 December 2017

        Statement of Income and             2015/17         2015/17        2015/17         %           YTD
               Expenses                     Current          YTD             YTD         Current     Variance
                                            Budget          Budget         Actuals       Budget
     Total Revenue                           2,762,329      1,406,150       1,422,184     51.5%         16,035
     Total Expenditure                       2,786,114      1,385,711       1,376,702     49.4%          9,009
     Operating Result                          (23,785)        20,438          45,482                   25,044


     Expenditure Summary
     Employee Benefits                       1,742,794        872,408         806,982     46.3%          65,425
     Materials & Services                      607,245        295,266         345,532     56.9%        (50,267)
     Finance Costs                                   0              0               0      0.0%                0
     Other Expenses                                484            242             246     50.9%              (4)
     Depreciation & Amortization                31,678         15,839          25,456     80.4%         (9,617)
     Internal Charges                          403,914        201,957         198,485     49.1%           3,472
     Competitive Neutrality                          0              0               0      0.0%                0
     Total                                   2,786,114      1,385,711       1,376,702                     9,009




                                  Noosa Community Support
1,600,000

1,400,000

1,200,000

1,000,000

 800,000

 600,000

 400,000

 200,000

          0
                         Total Revenue              Total Expenditure             Operating Result
                                         2015/17                        2015/17
                                         YTD                            YTD
                                         Budget                         Actuals




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