Annual Plan 2016-17 - Approved by Council 27 June 2016

KINGBOROUGH COUNCIL
Budget 2016/17
Finance - Operating Income/Expenses
New Budget
2016/17
Annual Budget
2015/16
Variance
Income
User Charges
1.31.708.8076 Charges - Certificates 294,000 247,000 47,000
1.31.708.8124 Licenses - Fees & Fines 2,400 6,000 (3,600)
Total 296,400 253,000 43,400
Other Income
1.31.718.8186 Commissions 4,800 2,400 2,400
1.31.718.8214 Interest - Bank & Investments 250,000 260,000 (10,000)
1.31.718.8228 Legal Fees & Collection Costs 24,000 30,000 (6,000)
1.31.718.8241 Bruny Island PO Commissions 44,400 30,000 14,400
1.31.718.8274 Sundry Receipts 8,400 12,000 (3,600)
Total 331,600 334,400 (2,800)
Transfers
1.31.880.8161 Oncost Recovery - Fire Services Rate Accounts 54,000 50,000 4,000
1.31.880.8162 Oncost Recovery - Garbage Rate Account 228,000 227,500 500
1.31.880.8166 Oncost Recovery - Private Works 0 0 0
Total 282,000 277,500 4,500
Total Income 910,000 864,900 45,100
Expenses
Employee Costs
Finance
1.31.166.0000 Finance Employee Costs (incl Bruny) 914,300 811,080 (103,220)
1.31.174.0000 Rating Employee Costs 194,135 171,600 (22,535)
Total 1,108,435 982,680 (125,755)
Materials and Contracts
1.31.166.6152 Advertising & Marketing 18,000 18,000 0
1.31.166.6168 Bank Charges 76,800 72,000 (4,800)
1.31.166.6378 Telephone 100,000 84,000 (16,000)
1.31.174.6184 Collection Costs & Commissions 50,000 72,000 22,000
Total 319,200 314,400 (4,800)
Kingborough Council Annual Plan 2016/17 Page | 97
Approved by Council on 27 June 2016