Library and History Services

Libraries and History	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	72	37	35	93.4%	50	50	50
Other Income	48	6	43	>100%	8	8	8
Profit or (Loss) on Disposal	-	-	-	n/a	-	-	-
Total Income	121	43	77	>100%	58	58	58
Expenses from Continuing Operations
Employee Costs	5,959	5,896	(62)	(1.1)%	7,890	7,890	7,846
Borrowing Costs	-	-	-	n/a	-	-	-
Materials & Services	2,136	2,536	400	15.8%	3,633	4,115	4,115	Timing of invoices
Other Expenses	24	19	(5)	(29.0)%	25	25	25
Depreciation & Amortisation	921	921	(1)	(0.1)%	1,227	1,227	1,172
Total Expense	9,040	9,371	331	3.5%	12,775	13,258	13,159
Total Surplus/(Deficit) before Funding	(8,919)	(9,328)	408	4.4%	(12,717)	(13,200)	(13,101)
Operating Grants & Contributions
Operating Grants	602	587	15	2.6%	587	587	579
Total Surplus/(Deficit) after Operating Grants	(8,318)	(8,741)	423	4.8%	(12,131)	(12,613)	(12,522)
Funding Contributions & Overhead Allocations
Capital Grants & Contributions	-	-	-	n/a	-	-	-
Overhead Allocation	(2,526)	(2,545)	19	0.8%	(3,394)	(3,394)	(3,392)
Funding from/(to) Restricted Funds	(921)	-	(921)	n/a	-	-	-
Funding from/(to) General Funds	11,765	11,287	479	4.2%	15,525	16,007	15,914
Total Surplus/(Deficit) after Capital Grants, Contributions & Funding	-	-	-	n/a	-	-	-

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