Economic Development

Economic Development	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	-	-	-	n/a	-	-	-
Other Income	-	-	-	n/a	-	-	-
Profit or (Loss) on Disposal	-	-	-	n/a	-	-	-
Total Income	-	-	-	n/a	-	-	-
Expenses from Continuing Operations
Employee Costs	229	337	108	32.1%	447	441	438
Borrowing Costs	-	-	-	n/a	-	-	-
Materials & Services	360	525	165	31.4%	798	1,130	831	Timing of project delivered
Other Expenses	125	125	-	n/a	125	-	125
Depreciation & Amortisation	-	-	-	n/a	-	-	-
Total Expense	714	987	273	27.7%	1,370	1,571	1,394
Total Surplus/(Deficit) before Funding	(714)	(987)	273	27.7%	(1,370)	(1,571)	(1,394)
Operating Grants & Contributions
Operating Grants	-	-	-	n/a	-	-	-
Total Surplus/(Deficit) after Operating Grants	(714)	(987)	273	27.7%	(1,370)	(1,571)	(1,394)
Funding Contributions & Overhead Allocations
Capital Grants & Contributions	-	-	-	n/a	-	-	-
Overhead Allocation	-	-	-	n/a	-	-	-
Funding from/(to) Restricted Funds	-	-	-	n/a	-	-	-
Funding from/(to) General Funds	714	987	(273)	(27.7)%	1,370	1,571	1,394
Total Surplus/(Deficit) after Capital Grants, Contributions & Funding	-	-	-	n/a	-	-	-

Rate this page