BUDGET REVIEW 1 (BR1) FOR THE 2024/25 FINANCIAL YEAR · Attachment 4 - Budget Financial Statements 2024-25

Attachment 4
                                        2024/25 Budget Statements                                                                                                             STATEMENT OF CHANGES IN EQUITY
                                                                                                                                                                                                   For the period ending 30 June
                                               Current          Original
                                                                                 BR1                                                                             Forecast
                                               Budget           Budget
                                                2024             2025            2025            2026            2027            2028            2029             2030             2031            2032            2033            2034
  Annual Result - Total Council
                                                $,000            $,000           $,000           $,000           $,000           $,000           $,000            $,000            $,000           $,000           $,000           $,000
Asset Revaluation Reserve

  Opening Balance                          $     334,616    $     357,102    $    357,102    $    410,608    $    457,492    $    501,670    $    543,950    $     584,823     $    622,548    $     659,485   $    697,748    $    737,376
  Change in Asset Revaluation Surplus      $      22,486    $      54,129    $     53,506    $     46,884    $     44,178    $     42,281    $     40,873    $      37,724     $     36,938    $      38,263   $     39,628    $     40,956
  Closing Balance                          $     357,102    $     411,231    $    410,608    $    457,492    $    501,670    $    543,950    $    584,823    $     622,548     $    659,485    $     697,748   $    737,376    $    778,332

Retained Surplus

  Opening Balance                          $    1,044,817   $    1,202,806   $   1,202,806   $   1,298,349   $   1,313,690   $   1,323,971   $   1,332,177   $    1,340,677    $   1,347,259   $   1,353,706   $   1,360,125   $   1,366,675
  Net Result                               $     157,989    $      17,343    $     95,543    $     15,341    $     10,280    $      8,207    $      8,500    $       6,582     $      6,446    $       6,419   $      6,551    $      5,685
  Closing Balance                          $    1,202,806   $    1,220,149   $   1,298,349   $   1,313,690   $   1,323,971   $   1,332,177   $   1,340,677   $    1,347,259    $   1,353,706   $   1,360,125   $   1,366,675   $   1,372,361

Total

  Opening Balance                          $    1,379,433   $    1,559,909   $   1,559,909   $   1,708,957   $   1,771,182   $   1,825,640   $   1,876,128   $    1,925,500    $   1,969,807   $   2,013,191   $   2,057,873   $   2,104,052
  Net Result                               $     157,989    $      17,343    $     95,543    $     15,341    $     10,280    $      8,207    $      8,500    $       6,582     $      6,446    $       6,419   $      6,551    $      5,685
  Change in Asset Revaluation Surplus      $      22,486    $      54,129    $     53,506    $     46,884    $     44,178    $     42,281    $     40,873    $      37,724     $     36,938    $      38,263   $     39,628    $     40,956
  Closing Balance                          $    1,559,909   $    1,631,380   $   1,708,957   $   1,771,182   $   1,825,640   $   1,876,128   $   1,925,500   $    1,969,807    $   2,013,191   $   2,057,873   $   2,104,052   $   2,150,693

. o Attachment 4 / NOOSA 2024/25 Budget Statements STATEMENT OF CHANGES IN EQUITY @®& Council For the period ending 30 June Current Original Forecast Budget Budget Chi : PAIL 2025 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Annual Result - Total Council $,000 $,000 $,000 $,000 $,000 $,000 $,000 $,000 $,000 $,000 $,000 $,000 Asset Revaluation Reserve Opening Balance $ 334,616 $ 357,102 $ 357,102 $ 410,608 $ 457,492 $ 501,670 $ 543,950 $ 584,823 $ 622,548 $ 659,485 $ 697,748 $ 737,376 Change in Asset Revaluation Surplus $ 22,486 $ 54,129 $ 53,506 $ 46,884 $ 44,178 $ 42,281 $ 40,873 $ 37,724 $ 36,938 $ 38,263 $ 39,628 $ 40,956 Closing Balance $ 357,102 $ 411,231 $ 410,608 $ 457,492 $ 501,670 $ 543,950 $ 584,823 $ 622,548 $ 659,485 $ 697,748 $ 737,376 $ 778,332 Retained Surplus a Opening Balance $ 1,044,817 $ 1,202,806 $ 1,202,806 $ 1,298,349 $ 1,313,690 $ 1,323,971 $ 1,332,177 $ 1,340,677 $ 1,347,259 $ 1,353,706 $ 1,360,125 $ 1,366,675 Net Result $ 157,989 $ 17,343 $ 95,543 $ 15,341 $ 10,280 $ 8,207 $ 8,500 $ 6,582 $ 6,446 $ 6419 $ 6,551 $ 5,685 Closing Balance $ 1,202,806 $ 1,220,149 $ 1,298,349 $ 1,313,690 $ 1,323,971 $ 1,332,177 $ 1,340,677 $ 1,347,259 $ 1,353,706 $ 1,360,125 $ 1,366,675 $ 1,372,361 Total II Opening Balance $ 1,379,433 $ 1,559,909 $ 1,559,909 $ 1,708,957 $ 1,771,182 $ 1,825,640 $ 1,876,128 $ 1,925,500 $ 1,969,807 $ 2,013,191 $ 2,057,873 $ 2,104,052 Net Result $ 157,989 $ 17,343 $ 95,543 $ 15,341 $ 10,280 $ 8,207 $ 8,500 $ 6,582 $ 6,446 $ 6419 $ 6,551 $ 5,685 Change in Asset Revaluation Surplus $ 22,486 $ 54,129 $ 53,506 $ 46,884 $ 44,178 $ 42,281 $ 40,873 $ 37,724 $ 36,938 $ 38,263 $ 39,628 $ 40,956 Closing Balance $ 1,559,909 $ 1,631,380 $ 1,708,957 $ 1,771,182 $ 1,825,640 $ 1,876,128 $ 1,925,500 $ 1,969,807 $ 2,013,191 $ 2,057,873 $ 2,104,052 $ 2,150,693