Rate Setting Statement |
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FOR THE YEAR ENDED 30TH JUNE 2007 |
|
|
||
|
2007
|
2007
|
|||
| NOTE |
|
Budget
|
||
|
$
|
$
|
|||
REVENUES |
|
|
||
| Governance |
65,784
|
53,690
|
||
| General Purpose Funding |
975,994
|
749,267
|
||
| Law, Order, Public Safety |
97,095
|
103,953
|
||
| Health |
8,295
|
551
|
||
| Education and Welfare |
2,532,647
|
2,372,049
|
||
| Housing |
–
|
144,368
|
||
| Community Amenities |
490,047
|
742,503
|
||
| Recreation and Culture |
589,863
|
397,013
|
||
| Transport |
178,031
|
241,118
|
||
| Economic Services |
104,967
|
92,894
|
||
| Other Property and Services |
82,339
|
111,000
|
||
|
5,125,062
|
5,008,406
|
|||
EXPENSES |
|
|
||
| Governance |
(1,377,837)
|
(1,359,034)
|
||
| General Purpose Funding |
(168,455)
|
(249,655)
|
||
| Law, Order, Public Safety |
(403,028)
|
(399,985)
|
||
| Health |
(175,652)
|
(313,976)
|
||
| Education and Welfare |
(2,633,871)
|
(2,525,337)
|
||
| Housing |
–
|
(123,548)
|
||
| Community Amenities |
(1,283,631)
|
(1,326,451)
|
||
| Recreation & Culture |
(2,895,775)
|
(2,679,781)
|
||
| Transport |
(2,142,250)
|
(1,666,993)
|
||
| Economic Services |
(206,204)
|
(145,735)
|
||
| Other Property and Services |
(246,412)
|
(113,619)
|
||
|
(11,533,115)
|
(10,904,114)
|
|||
Adjustments for Cash Budget Requirements:Non-Cash Expenditure and Revenue |
|
|
||
| Deferred Rates Adjustment ( Non Current) |
(20,989)
|
|
||
| Deferred Misc Debtors Adjustment ( Non Current) |
(1,834)
|
–
|
||
| Movement in Employee Provisions( Non Current) |
137,080
|
|
||
| Depreciation and Amortisation on Assets |
1,473,979
|
1,206,473
|
||
| Unspent Grants ( restricted) Adjustment |
(15,785)
|
|
||
Capital Expenditure and Revenue |
|
|
||
| Purchase Land Held for Resale |
|
|
||
| Purchase Land and Buildings |
(419,496)
|
(333,400)
|
||
| Purchase Infrastructure Assets – Roads |
(938,672)
|
(1,748,898)
|
||
| Purchase Plant and Equipment |
(261,340)
|
(227,000)
|
||
| Purchase Furniture and Equipment |
(301,890)
|
(376,000)
|
||
| Proceeds from Disposal of Assets |
118,890
|
102,000
|
||
| Repayment of Debentures |
(80,759)
|
(80,836)
|
||
| Proceeds from New Debentures |
–
|
–
|
||
| Discharge of Bank Overdraft |
(404,657)
|
–
|
||
| Self-Supporting Loan Principal Income |
1,981
|
77
|
||
| Transfers to Reserves (Restricted Assets) |
(99,800)
|
(176,178)
|
||
| Transfers from Reserves (Restricted Assets) |
109,237
|
209,259
|
||
| Opening funds Surplus/(Deficit) July 1 B/Fwd |
226,843
|
574,344
|
||
| Closing (Surplus)/Deficit June 30 C/Fwd |
195,963
|
13,927
|
||
Amount Required to be Raised from Rates |
22 |
(6,689,302)
|
(6,731,940)
|
|
| Notes to the Financial Statements are included in the full Financial Statements contained in the Annual Report. | ||||