Engineering Services

Engineering Services	January 2025 YTD Actual ($'000)	January 2025 YTD Q1 Budget ($'000)	Variance Better/Worse ($'000)	Variance Better/Worse (%)	Q1 Budget ($000)	Adopted Budget ($000)	Commentary
Income from Continuing Operations
General Revenue	-	-	-	n/a	-	-
User Charges & Fees	2,089	2,317	(228)	(9.9)%	3,910	3,910
Other Income	521	632	(111)	(17.5)%	1,250	1,250
Profit or (Loss) on Disposal	-	-	-	n/a	-	-
Total Income	2,610	2,949	(339)	(11.5)%	5,160	5,160
Expenses from Continuing Operations
Employee Costs	2,223	2,495	273	10.9%	3,637	3,596
Borrowing Costs	-	-	-	n/a	-	-
Materials & Services	2,252	1,092	(1,160)	<-100%	2,473	2,418	Timing of park asset maintenance.
Other Expenses	-	-	-	n/a	-	-
Depreciation & Amortisation	-	-	-	n/a	-	2
Total Expense	4,474	3,587	(887)	(24.7)%	6,111	6,017
Total Surplus/(Deficit) before Funding	(1,865)	(638)	(1,227)	<-100%	(951)	(857)
Operating Grants & Contributions
Operating Grants	-	-	-	n/a	58	58
Total Surplus/(Deficit) after Operating Grants	(1,865)	(638)	(1,227)	<-100%	(893)	(799)
Funding Contributions & Overhead Allocations
Capital Grants & Contributions	-	-	-	n/a	-	-
Overhead Allocation	(874)	(978)	105	10.7%	(1,677)	(1,691)
Funding from/(to) Restricted Funds	31	-	31	n/a	50	50
Funding from/(to) General Funds	2,707	1,616	1,091	67.5%	2,520	2,440
Total Surplus/(Deficit) after Capital Grants, Contributions & Funding	-	-	-	n/a	-	-

Rate this page