Meeting papers

Noosa Shire Council
2023/24 Budget Statements                                                                                                                                STATEMENT OF INCOME AND EXPENDITURE
For the period ending 30 June
                                                      Current       Original
 Annual Result - Total Council                                                         BR1                                                               Forecast
                                                      Budget        Budget
                                                           2023          2024           2024          2025          2026          2027          2028          2029           2030          2031           2032          2033
 Statement of Comprehensive Income                         $,000         $,000          $,000         $,000         $,000         $,000         $,000         $,000          $,000         $,000          $,000         $,000

 Income
 Revenue
   Operating revenue
   Net rates, levies and charges                      $    83,239   $    89,287   $     89,287   $    91,608   $    93,988   $    96,431   $    98,937   $   101,508   $    104,146   $   106,853   $    109,630   $   112,479
   Fees and charges                                   $     8,651   $    11,363   $     11,363   $    11,915   $    12,403   $    12,785   $    13,179   $    13,585   $     14,004   $    14,392   $     14,791   $    15,201
   Rental income                                      $     1,626   $     1,733   $      1,733   $     1,803   $     1,857   $     1,894   $     1,932   $     1,971   $      2,010   $     2,050   $      2,091   $     2,133

    Interest from overdue rates, levies and charges   $       400   $       400   $        400   $       403   $       406   $       409   $       412   $       415   $        417   $       420   $        423   $       427
    Interest received from investments                $     2,800   $     2,420   $      2,420   $     1,481   $     1,343   $     1,309   $     1,265   $     1,229   $      1,217   $     1,251   $      1,257   $     1,270
    Other interest received                           $       -     $       -     $        -     $       -     $       -     $       -     $       -     $       -     $        -     $       -     $        -     $       -
   Interest received                                  $     3,200   $     2,820   $      2,820   $     1,884   $     1,749   $     1,717   $     1,676   $     1,643   $      1,634   $     1,671   $      1,680   $     1,697
   Sales revenue                                      $    13,241   $    13,927   $     13,927   $    14,604   $    15,201   $    15,670   $    16,152   $    16,650   $     17,163   $    17,639   $     18,128   $    18,631
   Unitywater Distributions                           $     5,950   $     5,950   $      5,950   $     5,950   $     5,950   $     5,950   $     5,950   $     5,950   $      5,950   $     5,950   $      5,950   $     5,950
   Other income                                       $     1,030   $     1,129   $      1,129   $     1,002   $     1,043   $     1,075   $     1,108   $     1,142   $      1,178   $     1,210   $      1,244   $     1,278
   Grants, subsidies, contributions and donations     $     5,743   $     6,225   $      6,225   $     5,533   $     5,636   $     5,742   $     5,849   $     5,958   $      6,070   $     6,183   $      6,299   $     6,417

   Total operating revenue                            $   122,679   $   132,434   $    132,434   $   134,298   $   137,827   $   141,264   $   144,784   $   148,408   $    152,155   $   155,949   $    159,813   $   163,786
   Capital revenue
    Government subsidies and grants - capital         $    32,136   $     8,697   $      8,697   $    24,266   $    43,591   $     8,426   $     2,680   $     2,348   $      2,698   $     3,650   $      2,104   $     2,124
    Contributions - Assets and other non-nonetary     $     1,500   $     1,500   $      1,500   $     1,500   $     1,500   $     1,500   $     1,500   $     1,500   $      1,500   $     1,500   $      1,500   $     1,500
    Contributions - Monetary                          $     1,397   $     1,397   $      1,397   $     1,200   $     1,200   $     1,200   $     1,200   $     1,200   $      1,200   $     1,200   $      1,200   $     1,200
   Total capital revenue                              $    35,033   $    11,594   $     11,594   $    26,966   $    46,291   $    11,126   $     5,380   $     5,048   $      5,398   $     6,350   $      4,804   $     4,824

   Total revenue                                      $   157,712   $   144,028   $    144,028   $   161,264   $   184,118   $   152,389   $   150,164   $   153,456   $    157,553   $   162,299   $    164,617   $   168,610
   Capital income
   Total capital income                               $       -     $       -     $          -   $       -     $       -     $       -     $       -     $       -     $        -     $       -     $        -     $       -
 Total income                                         $   157,712   $   144,028   $    144,028   $   161,264   $   184,118   $   152,389   $   150,164   $   153,456   $    157,553   $   162,299   $    164,617   $   168,610
 Expenses
   Operating expenses
   Employee benefits                                  $    42,423   $    49,423   $     49,593   $    50,107   $    50,867   $    52,125   $    53,414   $    54,735   $     56,089   $    57,477   $     58,899   $    60,356
   Materials and services                             $    58,882   $    59,941   $     60,652   $    60,300   $    61,897   $    62,853   $    64,521   $    66,403   $     68,291   $    70,191   $     71,968   $    73,842
   Finance costs                                      $     1,301   $     1,400   $      1,400   $     1,768   $     2,015   $     1,960   $     1,906   $     1,844   $      1,783   $     1,719   $      1,655   $     1,584
   Depreciation and amortisation                      $    19,655   $    21,294   $     21,294   $    21,859   $    22,778   $    24,050   $    24,659   $    25,144   $     25,707   $    26,266   $     26,993   $    27,694
   Other expenses                                     $       256   $       255   $        255   $       260   $       265   $       271   $       276   $       282   $        287   $       293   $        299   $       305
   Total operating expenses                           $   122,517   $   132,313   $    133,195   $   134,295   $   137,822   $   141,259   $   144,776   $   148,408   $    152,157   $   155,945   $    159,814   $   163,782
   Capital expenses
   Total capital expenses                             $       -     $       -     $          -   $       -     $       -     $       -     $       -     $       -     $        -     $       -     $        -     $       -
   Total expenses                                     $   122,517   $   132,313   $    133,195   $   134,295   $   137,822   $   141,259   $   144,776   $   148,408   $    152,157   $   155,945   $    159,814   $   163,782
 Net result                                           $    35,195   $    11,714   $     10,833   $    26,969   $    46,296   $    11,131   $     5,388   $     5,048   $      5,396   $     6,354   $      4,804   $     4,828

 Operating result

 Operating revenue                                    $   122,679   $   132,434    $   132,434   $   134,298   $   137,827   $   141,264   $   144,784   $   148,408    $   152,155   $   155,949    $   159,813   $   163,786
 Operating expenses                                   $   122,517   $   132,313    $   133,195   $   134,295   $   137,822   $   141,259   $   144,776   $   148,408    $   152,157   $   155,945    $   159,814   $   163,782
 Operating result                                     $       163   $       121   ($      761)   $         3   $         5   $         5   $         8   $         0   ($        2)   $         4   ($        0)   $         4




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