Agenda 18 January 2011 - King Island Council

King Island Council
Operating Statement
For Period December 2010
By Resource
Dec Actuals Dec Budgets Dec Variance YTD Actuals YTD Budgets YTD Variance Annual Budget
Income
Statutory Charges 2,990 7,264 -4,274 53,405 43,584 9,821 87,205
User Charges 26,777 24,391 2,386 160,354 150,346 10,008 296,796
General Grants 93,931 4,775 89,156 743,389 642,704 100,685 1,611,430
Interest 16,075 12,778 3,297 37,983 76,668 -38,685 153,393
Reimbursements 188,312 88,006 100,306 511,035 528,036 -17,001 1,056,501
Other Revenues 1,817 4,522 -2,705 28,318 27,132 1,186 54,285
Rates - - - 1,636,223 1,652,332 -16,109 1,652,332
Capital Grants 4,900 - 4,900 21,410 157,218 -135,808 269,218
Income 334,801 141,736 193,065 3,192,116 3,278,020 -85,904 5,181,160
Expenditure
Employee Costs 135,926 157,122 21,196 892,588 943,215 50,627 1,888,276
Contracts 43,615 51,548 7,933 368,001 407,640 39,639 813,052
Materials 64,182 80,388 16,206 446,877 483,968 37,091 971,627
Other Expenses 61,118 36,367 -24,751 386,735 343,153 -43,582 634,323
Finance Costs 11,968 5,020 -6,948 23,021 16,891 -6,130 39,909
Depreciation 77,164 77,232 68 462,984 463,392 408 927,127
Expenditure 393,972 407,677 13,704 2,580,207 2,658,259 78,053 5,274,314
Report Total -59,171 -265,941 206,769 611,909 619,761 -7,852 -93,154
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
0
KI Council YTD Income
1,000,000
800,000
600,000
400,000
Actual 200,000
Budget 0
KI Council YTD Expenditure
Actual
Budget
By Program
Dec Actuals Dec Budgets Dec Variance YTD Actuals YTD Budgets YTD Variance Annual Budget
Commercial Undertakings 153,793 20,920 132,873 189,704 113,605 76,099 245,104
Community Services 62,353 -31,377 93,729 -22,440 -65,632 43,192 -176,275
Corporate Services -74,547 -44,309 -30,238 897,126 966,856 -69,730 865,332
Development & Environmental Ser -37,374 -17,858 -19,516 -31,189 -43,561 12,372 -215,550
Engineering -163,396 -193,317 29,921 -421,291 -351,507 -69,784 -811,765
Total -59,171 -265,941 206,769 611,910 619,761 -7,852 -93,154
Notes:
The ytd figures on a whole of Council basis are on within the target range. It must be acknowleded that there is approx 100k of grants received
for which no expenditure has yet been incurred.
Employee costs have benefitted by the planned trainee not being appointed for the first half.
- 18 - Ordinary Council Meeting – 18 January 2011