FUNDING OUR PLAN

We plan to spend $153 million this year to provide services and facilities to more than 90,000 residents.

We generate income to fund services and facilities via rates on property, government grants, interest on investments and user charges. This income is then spent on construction, maintenance, wages, grants to the community, and other services like libraries, pools, parks art gallery and waste facilities.

WHERE DOES OUR MONEY COME FROM?

Income from rates and annual charges contributed $107 million or 69% of total revenue.

Federal and State Government grants and contributions assist us to provide facilities and services in the community. This year we forecast to receive $26 million or 17% of grant and contributions (including capital and operational).

WHERE DOES OUR MONEY GO?

Our total operating expenditure of $139 million contributed towards our services to the community such as community and cultural facilities including libraries, Maitland Regional Art Gallery, community centres, road maintenance, waste management, parks, recreation, sporting, and our pools.

Employment cots

Borrowing costs

Materials and services

Depriciation and amortisation

Other expenses