Annual Report 2021-22(PDF, 15MB)

Operating revenue – where the money came from
Throughout the financial year, Council              Figure 4 – Operating Revenue Sources 2021/22
received a total of $113.1 million in operating
revenues (rates, fees, operating grants),
$15.7    million    in    capital     revenues
and income (developer             contributions,
capital grants) and $6.5 million recorded
as    revenue from Council’s share of
investment in Unitywater.
Figure    4  outlines     the   sources      of
Council’s operating    revenues      including
Unitywater distributions received in 2021/22.

Key Council revenue sources include:

   Rates and utility charges comprising general
    rates, charges for waste collection and
    disposal, special rates such as the
    environment levy as well as other separate
    rates and special charges.
                                                    The      above   breakdown    in   operating
   Fees and charges include a range of
                                                    revenue confirms that Council continues
    regulatory fees and charges as well as
                                                    to have significant control over the majority
    revenue from commercial operations such
                                                    of its income sources, and as a result is not
    as holiday parks and waste management.          reliant on other levels of government or
•   Interest revenue includes the return from the   external agencies to maintain its financial
    investment of available cash.                   independence.
•   Revenue from other income includes tax
    payments from Council’s shareholding in
    Unitywater


Operating expenditure – where the money goes
Council expended a total of $114.7 million          Key Council expenditure sources include:
in undertaking operating activities during          •   Employee benefits - includes staff wages,
the financial year.                                     superannuation, fees paid to Councillors and
                                                        other employment costs.
Figure 5 presents a breakdown by
expenditure type for operating expenditure          •   Depreciation expenditure – records the
incurred during 2021/22.                                consumption of community infrastructure
                                                        assets over their respective useful lives and
                                                        provides an indication of the level of required
Figure 5 – Operating Expenses by Function               expenditure on the rehabilitation and
2021/22                                                 renewal of existing assets annually. The
                                                        revaluation of infrastructure assets during
                                                        the year has also impacted the annual
                                                        depreciation charge.
                                                    •   Materials and services – includes
                                                        information communication technology,
                                                        consultancy services, contractor services,
                                                        electricity, external hire, rentals, repairs and
                                                        maintenance,       and       advertising     and
                                                        donations.
                                                    •   Finance and other costs – include interest
                                                        paid on loan borrowings, bank charges
                                                        and movements in the provision for future
                                                        landfill rehabilitation costs.


Noosa Council | Annual Report 2021 – 2022

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