Community Venues

Community Venues	May 2024 YTD Actual ($'000)	May 2024 YTD Budget ($'000)	Variance Better/Worse ($'000)	Variance Better/Worse (%)	2023/24 QBRS Q3 Budget ($000)	2023/24 Adopted Budget ($000)	Commentary
Income from Continuing Operations
General Revenue	-	-	-	n/a	-	-
User Charges & Fees	570	466	104	22.4%	509	414	Higher than expected usage of venues.
Other Income	1	1	(1)	(61.7)%	1	10
Profit or (Loss) on Disposal	-	-	-	n/a	-	-
Total Income	571	468	103	22.1%	510	424
Expenses from Continuing Operations
Employee Costs	372	356	(16)	(4.5)%	383	478
Borrowing Costs	-	-	-	n/a	-	-
Materials & Services	1,069	1,115	46	4.2%	1,215	1,213
Other Expenses	-	-	-	n/a	-	-
Depreciation & Amortisation	914	1,002	89	8.9%	1,094	1,094
Total Expense	2,355	2,474	119	4.8%	2,691	2,785
Total Surplus/(Deficit) before Funding	(1,784)	(2,006)	223	11.1%	(2,181)	(2,361)
Operating Grants & Contributions
Operating Grants	-	-	-	n/a	-	-
Total Surplus/(Deficit) after Operating Grants	(1,784)	(2,006)	223	11.1%	(2,181)	(2,361)
Funding Contributions & Overhead Allocations
Capital Grants & Contributions	-	-	-	n/a	-	-
Overhead Allocation	-	-	-	n/a	-	-
Funding from/(to) Restricted Funds	(842)	-	(842)	n/a	-	-
Funding from/(to) General Funds	2,625	2,006	619	30.9%	2,181	2,361
Total Surplus/(Deficit) after Capital Grants, Contributions & Funding	-	-	-	n/a	-	-

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