2015-11-16 GC Agenda - Item 3, Attach 1 - Annual Report 2014-15

Key Council revenue sources include:
   Rates and Utility charges include general rates, charges for waste collection and disposal,
    special rates such as the tourism and transport levy, and other separate and special rates.
   Fees and Charges include a range of regulatory fees and charges as well as revenue from
    commercial operations such as holiday parks and waste management.
   Interest Revenue includes the return from the investment of reserve funds.
   Revenue from Other Income includes tax payments from Council’s shareholding in Unitywater.


Operating expenditure – where the money goes
Council expended a total of $78.3 million in operating activities during the financial year. The
following graph shows a breakdown by expenditure type for normal recurrent Council operations.

Figure 3 – Operating Expenses by Function 2014/15



                     Depreciation
                        20%



                                                       Employee
        Finance &                                       Benefits
       Other Costs                                       34%
           3%




                Materials &
                 Services
                  43%



Key Council expenditure sources include:
   Employee Benefits includes staff wages, superannuation, fees paid to Councillors and other
    employment costs.
   Depreciation expenditure records the consumption of community infrastructure assets over
    their respective useful lives, and provides an indication of the level of required expenditure on
    rehabilitation and renewal of existing assets annually.
   Materials and Services includes information communication technology, consultancy services,
    contractor services, electricity, external hire, rentals, repairs and maintenance, advertising and
    donations.




Noosa Council Annual Report 2014/15                                                           Page 30