Page 4 - Shire of Roebourne
Page 4 - Shire of Roebourne
Page 4 - Shire of Roebourne
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Ordinary Council Meeting – Agenda 16 February 2009<br />
Operating revenue is over the year to date budget by $13,855 which represents a variance <strong>of</strong><br />
0.11%<br />
Operating Expenditure is under the year to date budget by $369,921, which represents a<br />
variance <strong>of</strong> 3.12%.<br />
From an end <strong>of</strong> year position Council has received 42.7% <strong>of</strong> its annual budgeted revenue. In<br />
relation to expenditure, Council has expended 30.5% <strong>of</strong> its annual budgeted expenditure.<br />
In accordance with the materiality threshold adopted by Council for the reporting <strong>of</strong> variances<br />
by programme in the Statement <strong>of</strong> Financial Activity, the following comments are made to<br />
provide an explanation <strong>of</strong> the above variances.<br />
It should be noted that this report is produced to show a comparison between the 31 November<br />
2008 Year To Date Amended Budget and the Year To Date Actual as at 31 November 2008.<br />
Variances shown in this report will not necessarily create a variance in the Annual Budget figure<br />
and will only impact on the final surplus/deficit where indicated.<br />
General Purpose Funding<br />
Revenue<br />
Revenue down 6.32% ($106,380) which is due to interest on municipal investments not brought<br />
to account until December 2008.<br />
Expenditure<br />
Expenditure is showing a variance <strong>of</strong> 1.55% ($2,813) which is below the threshold to report.<br />
Governance<br />
Revenue<br />
Revenue is down 6.62% ($2,700) which is below the threshold to report.<br />
Expenditure<br />
Expenditure is up 0.92% ($6,339) which is below the threshold to report.<br />
Law, Order and Public Safety<br />
Revenue<br />
Revenue is down 8.77% ($5,854) which is below the threshold to report.<br />
Expenditure<br />
Expenditure is up 1.21% ($6,229) which is below the threshold to report.<br />
Health<br />
Revenue<br />
Revenue is down 1.93% ($221) which is below the threshold to report.<br />
Expenditure<br />
Expenditure is up 1.28% ($3,794) which is below the threshold to report.<br />
Education and Welfare<br />
Revenue<br />
Revenue is showing a variance <strong>of</strong> down 80.35% ($21,000) due to later contribution for Early<br />
Learning Specialists Community Scholarship<br />
Expenditure<br />
Expenditure is showing a variance <strong>of</strong> up 19.57% ($15,565) due to expenditure on Early<br />
Learning Specialists Community Scholarships timing difference to year to date budget<br />
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