Noosa Council 2019-20 Budget Document

Noosa Shire Council
2019/20 Budget Statements                              STATEMENT OF INCOME AND EXPENDITURE - BUSINESS ACTIVITIES
For the period ending 30 June
Annual Result - Business Activities                                            Waste Management                        Holiday Parks
                                                                               2019             2020                2019            2020
Statement of Comprehensive Income                                              $,000            $,000               $,000           $,000

Income

Revenue
      Operating revenue
      Net rates, levies and charges                                        $     12,382     $     12,065 $                  -                -
      Fees and charges                                                     $           28   $          178      $           17              14
      Sale of Goods and Major Services                                     $       3,353    $      3,834        $      3,087            3,075
      Internal Sales/Recoveries                                            $          229   $          251 $                -                -
      Competitive Neutrality Adjustments (*)                               $           91   $          110 $                -                -
      Other income                                                         $          189   $          196      $           16               1
      Grants, subsidies, contributions and donations                       $           6 $              -       $           -                -
      Total operating revenue                                              $     16,278     $     16,633        $      3,121            3,090

Expenses

      Operating expenses
      Employee benefits                                                    $          861   $          874      $           19              19
      Finance Costs                                                        $          179   $          177 $                -                -
      Materials and services                                               $       8,971    $      9,428        $      1,334            1,375
      Depreciation and amortisation                                        $          762   $          761      $          176              177
      Internal Expenditure                                                 $       1,197    $      1,471        $          197              220
      Competitive Neutrality Adjustments                                   $       1,275    $      1,100        $          487              475
      Other expenses                                                       $           0    $               0   $               2            2
      Total operating expenses                                             $     13,246     $     13,812        $      2,214            2,269
Net result                                                                 $       3,032    $      2,822        $          907              821
(*)     Competitive Neutrality Adjustments includes payment of Community Service Obligations, which includes the following:
        Waste Management ($,000)
        Subsidised waste disposal (residents & sporting organisations)     $           66   $           80
        RSPCA holding tank collection                                      $           18   $               9
        Disposal of illegal dumping waste                                  $           7    $           21
                                                                           $           91   $          110




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