Meeting papers

Attachment 3 - Statement of Income and Expenditure

Noosa Council
Statement of Income and Expenditure
For the Year Ended 30 June 2024
                                                   Original Budget     Proposed     Revised BR1
                                                                     Adjustments         Budget
                                                           ($'000)        ($'000)        ($'000)

Revenue
  Recurrent Revenue
  Rates, levies and charges                                 89,287              -         89,287
  Fees and charges                                          11,363              -         11,363
  Interest received                                          4,670              -          4,670
  Sale of Goods and major services                          13,904              -         13,904
  Sale of contract and recoverable works                        23              -             23
  Rental & lease income                                      1,733              -          1,733
  Other recurrent income                                     1,129              -          1,129
  Grants, subsidies, contributions and donations             6,225              -          6,225
  Unitywater Distributions                                   4,100                         4,100
                                                           132,434              -        132,434
Expenses
  Recurrent Expenses
  Employee benefits                                         49,423           171          49,593
  Materials & services                                      59,941           711          60,653
  Finance costs                                              1,401             -           1,401
  Depreciation                                              21,294             -          21,294
  Other expenses                                               255             -             255
                                                           132,313           882         133,195

Operating Result                                              121           (882)          (761)



Summary of Capital Revenue and Expenditure

Capital Revenue
  Capital contributions and donations                        1,584              -          1,584
  Contributed Assets                                         1,500                         1,500
  Grants, subsidies, contributions and donations            11,308             -          11,308
  Cash / revenue                                            23,380         6,156          29,536
  New loan borrowings                                        3,146         5,759           8,905
  Other capital revenue                                          -             -               -
Total Capital Revenue                                       40,918        11,915          52,833

Capital Expenditure
  Contributed assets                                         1,500             -           1,500
  Capital works - constructed assets                        30,752        10,241          40,993
  Capital works - other capital                              7,456         1,674           9,130
  Loan redemption                                            1,210             -           1,210
  Other capital expenses                                         -             -               -
Total Capital Expenditure                                   40,918        11,915          52,833




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