Living Arts

Living Arts	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	-	-	-	n/a	-	-
Other Income	9	5	4	75.0%	5	5
Profit or (Loss) on Disposal	-	-	-	n/a	-	-
Total Income	9	5	4	75.0%	5	5
Expenses from Continuing Operations
Employee Costs	810	768	(42)	(5.5)%	823	765
Borrowing Costs	-	-	-	n/a	-	-
Materials & Services	712	905	193	21.3%	956	971	Timing of works being delivered.
Other Expenses	40	31	(9)	(27.6)%	31	31
Depreciation & Amortisation	23	24	1	3.5%	26	26
Total Expense	1,585	1,728	142	8.2%	1,836	1,793
Total Surplus/(Deficit) before Funding	(1,577)	(1,723)	146	8.5%	(1,831)	(1,788)
Operating Grants & Contributions
Operating Grants	-	-	-	n/a	-	-
Total Surplus/(Deficit) after Operating Grants	(1,577)	(1,723)	146	8.5%	(1,831)	(1,788)
Funding Contributions & Overhead Allocations
Capital Grants & Contributions	-	-	-	n/a	-	-
Overhead Allocation	(376)	(355)	(20)	(5.7)%	(388)	(478)
Funding from/(to) Restricted Funds	74	100	(26)	(26.0)%	305	205
Funding from/(to) General Funds	1,878	1,978	(100)	(5.1)%	1,913	2,061
Total Surplus/(Deficit) after Capital Grants, Contributions & Funding	-	-	-	n/a	-	-

Rate this page