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Overview
As detailed earlier, in order to deliver the commitments of the Delivery Program 2022–26 and this Operational Plan, Council has a Resourcing Strategy that plans for the financial, asset, and human resources under its control. This Statement of Revenue Policy identifies where Council expects its revenue to be derived during 2022–23, and how it intends to expend that revenue in order to deliver this year’s Operational Plan. The Statement of Revenue Policy includes estimates of income and expenditure, including a detailed budget for the Operational Plan’s activities. It provides information about the rates and special rates that will apply across the local government area in 2022–23, and the fees and charges that will be levied for some of the services that Council provides to the community. It also includes a pricing methodology that demonstrates how the Council has arrived at its schedule of fees and charges. The estimated income and expenditure for Council's operating and capital budgets are included in the table to the right.
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Operational budget
Operating income Rates and annual charges User fees and charges Interest Other revenue Rental income Grants and contributions - operational Grants And Contributions - capital
Total operating income
Operating expenses Employee costs Borrowings Materials and services Depreciation Other expenses Net loss from disposal of assets Total operating expenditure
Operational result - surplus/(deficit)
60,456,530 20,557,865 1,364,800 6,731,401 3,511,077 6,912,915 24,333,566 123,868,154
41,605,286 418,057 37,269,529 15,379,000 5,603,164 0 100,275,036
(740,449)
Capital budget
Capital income Grants and contributions - capital New loan Proceeds from the disposal of assets
Total capital income
Capital expenses Capital expenditure Capital expenditure - principal loan Capital expenditure - other
Total capital expenditure Capital result - surplus/(deficit)
24,333,566 0 5,439,000
29,772,566
71,601,570 1,449,935 583,966
73,635,471 (43,862,905)
Funding movements
Add back depreciation and amortisation - non cash item Transfer from reserve Transfer to reserve
Total funding movements
Net result - surplus/(deficit) Operating ratio
15,379,000
43,826,724 14,602,370 44,603,354
