2017-12-18 General Committee Agenda

GENERAL COMMITTEE MEETING AGENDA   18 DECEMBER 2017


                                        Attachment 1




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GENERAL COMMITTEE MEETING AGENDA                                                                              18 DECEMBER 2017

                                                                                                                        Attachment 1

      Noosa Council
      Statement of Comprehensive Income
      For the Year Ended 30 June 2018
      As at 30 November 2017
                                                            Current          Current
                                                            Budget           Budget           Actual        Variance           Annual
                                                               2018             YTD              YTD              YTD           Budget
                                                             ($'000)          ($000)          ($'000)          ($000)                %
      Revenue
          Recurrent Revenue
          Rates, levies and charges                           63,898          31,974           31,917              (57)            50%
          Fees and charges                                     5,089            2,496           2,750              254             54%
          Dividend income                                      1,860             925              925                -             50%
          Interest received                                    4,408            1,425           1,499               74             34%
          Tax equivalents                                      1,200             504              504                -             42%
          Sale of Goods and major services                     8,391            3,385           3,679              295             44%
          Sale of contract and recoverable works                  16               1               12               11             73%
          Rental & lease income                                1,322             593              651               58             49%
          Other income                                         1,144             550              711              161             62%
          Grants, subsidies, contributions and donations       5,605            2,449           2,567              118             46%
                                                              92,932          44,302           45,215              913             49%
      Expenses
          Recurrent Expenses
          Employee benefits                                   30,445          11,297           11,124             (174)            37%
          Materials and services                              41,248          15,711           15,577             (133)            38%
          Finance costs                                        2,464            1,029           1,015              (14)            41%
          Depreciation and amortisation                       18,577            7,740           7,740                -             42%
          Other expenses                                        136              61                65                3             47%
                                                              92,870          35,838           35,521            (317)             38%

      Operating Result                                           63             8,464           9,695            1,230
      Capital Revenue
          Capital contributions and donations                  3,867             778              480             (298)            12%
          Grants, subsidies, contributions and donations       4,709             310              336               26              T%
          Other capital revenue                                    -                -               -                -
      Total Capital Revenue                                    8,577            1,088             815            (272)

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