Aquatic Services

Aquatic Services	March 2025 YTD Actual ($'000)	March 2025 YTD Q2 Budget ($'000)	Variance Better/Worse ($'000)	Variance Better/Worse (%)	Q2 Budget ($000)	Q1 Budget ($000)	Adopted Budget ($000)	Commentary
Income from Continuing Operations
General Revenue	-	-	-	n/a	-	-	-
User Charges & Fees	17,439	16,012	1,428	8.9%	21,373	20,426	20,426	higher utilisation in Learn to Swim and Health & Fitness
Other Income	348	385	(37)	(9.7)%	501	501	501
Profit or (Loss) on Disposal	-	-	-	n/a	-	-	-
Total Income	17,787	16,397	1,390	8.5%	21,874	20,927	20,927
Expenses from Continuing Operations
Employee Costs	11,593	11,612	19	0.2%	15,201	14,938	14,937
Borrowing Costs	525	539	14	2.6%	715	715	715
Materials & Services	4,439	4,294	(145)	(3.4)%	5,780	5,096	5,096	Aquatics centres maintenance
Other Expenses	42	35	(7)	(20.1)%	35	35	35
Depreciation & Amortisation	1,891	1,889	(2)	(0.1)%	2,519	2,519	2,322
Total Expense	18,490	18,369	(121)	(0.7)%	24,250	23,302	23,106
Total Surplus/(Deficit) before Funding	(703)	(1,972)	1,269	64.4%	(2,376)	(2,375)	(2,179)
Operating Grants & Contributions
Operating Grants	-	-	-	n/a	-	-	-
Total Surplus/(Deficit) after Operating Grants	(703)	(1,972)	1,269	64.4%	(2,376)	(2,375)	(2,179)
Funding Contributions & Overhead Allocations
Capital Grants & Contributions	-	-	-	n/a	-	-	-
Overhead Allocation	(2,634)	(2,749)	115	4.2%	(3,665)	(3,668)	(3,654)
Funding from/(to) Restricted Funds	(209)	539	(748)	<-100%	715	715	715
Funding from/(to) General Funds	3,545	4,181	(636)	(15.2)%	5,325	5,328	5,117
Total Surplus/(Deficit) after Capital Grants, Contributions & Funding	-	-	-	n/a	-	-	-

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