Operational Grants and Subsidies Graph /17 YTD Actual: What makes up this revenue
|
|
- Dwight Miles
- 5 years ago
- Views:
Transcription
1 Statement of Comprehensive Revenue and Expenses For the 11 months ended 31 May 2017 YTD YTD Actual YTD AP Variance May16 Note May $000s $000s $000s $000s REVENUE FROM NONEXCHANGE TRANSACTIONS 7,335 Grants and Subsidies Operational 01 10,313 8,652 1,661 6,009 Grants, Donations, Subsidies and Contributions Capital 02 7,378 11,213 (3,835) 1,703 Other Non Exchange Revenue 03 2,060 1, ,309 General Rates and Uniform Annual General Charge 04 15,790 15, ,056 Targeted Rates 37,595 37,595 (0) REVENUE FROM EXCHANGE TRANSACTIONS 360 Development and Financial Contributions Capital (443) 8,963 Other Revenue 06 7,828 8,368 (540) 2,025 Metered Water Rates 07 2,203 2,364 (161) 6 Dividends Interest Received Other Gains/(Losses) Profit on Sale of Assets 10 (30) 11 (41) 78,827 Total Revenue 83,414 86,011 (2,597) OPERATING EXPENSES 17,115 Employee Benefit Expenses 11 17,648 16, ,511 Expenditure on Operating Activities 12 45,040 41,354 3,686 19,768 Depreciation and Amortisation 18,812 18, ,724 Financing Costs 13 1,661 1,833 (172) 74,118 Total Expenses 83,161 78,985 4,176 4,709 Net Surplus/(Deficit) before Taxation 253 7,026 (6,773) 642 Loss/(gain) on movement in FV of Interest Rate Swaps 14 (793) 0 (793) 4,067 Total Comprehensive Revenue and Expenses 1,046 7,026 (5,980) Operational Grants and Subsidies Graph 2016/17 YTD Actual: What makes up this revenue 1% 0% 3% 1% 95% 0101 Govt Grants 0120 NZTA Subsidy 0122 NZTA Safety Coordinator 0123 NZTA State Highway Refund 0145 Other Grants & Subsidies Capital Grants, Donations, Subsidies and Contributions Graph 2016/17 YTD Actual: What makes up this revenue 88% Grants Capital Projects 6421 NZTA Capital Notes to the Statement of Comprehensive Revenue and Expenses 11 Employee Benefit Expenses 01 Grants and Subsidies Operational (Refer to Operational Grants and Subsidies graph above) This is higher mainly due to no longer oncosting to expenditure on operating activities. As can be seen in the graph, 95% of this revenue comes from the NZTA Subsidy. We recover 6 of costs on annual plan 12 Expenditure on Operating Activities (Refer to Expenditure on Operating Activities graph below for what makes up this expenditure by activity) roading maintenance excluding emergency work. We recover 8 of costs on NZTA approved emergency work. The The unfavourable variance from annual plan is mainly due to higher roading costs relating to repair work done due to flooding. In addition expenditure variance from annual plan is mainly due to higher expenditure related to roading emergency repair work due to flooding above annual plan of $500K in rural fire, $500K of current year statute barred write off and a provision of $474k payable to central government for which increases the NZTA subsidy amount. accumulated stationary and vehicle charges that the council recovered through parking infringement fees. 02 Grants, Donations, Subsidies and Contributions Capital (Refer to Capital Grants, Donations, Subsidies and Contributions Graph above) 13 Financing Costs Interest cost is lower than the annual plan due to lower than annual plan market interest rates. This variance from annual plan is mainly due to the timing of recognizing grant funding for the HB Williams Memorial Library and Tairawhiti Navigations Projects. 14 Loss/(gain) on movement in FV of Interest Rate Swaps Fair value movement of interest rate swaps may not reflect the value at the end of the year as it is a market valuation at this point in time. 03 Other Non Exchange Revenue (Includes penalties, infringement fees, court enforcement fees, and other fees) The variance from annual plan is mainly due to higher than annual plan court enforced fees and infringement fees received. 04 General Rates and Uniform Annual General Charge The variance from annual plan is due to the timing of billing capital rates against annual plan. 05 Development and Financial Contributions Capital (Part of Capital Grants) The variance from annual plan is due to the number of development projects undertaken being less than what is budgeted for. 06 Other Revenue (Rent income, lease income, and all other fees and charges) The unfavourable variance from annual plan is mainly due to being $1.8m under annual plan as the Vehicle Testing Station and Holiday Park revenue are included within the annual plan but are actually $Nil. This is because the final decision for the phasing of GHL stage 2 was made after the adoption of the annual plan but took effect from 1 July This was offset by favourable variances over annual plan across a large number of areas including rural fire recharges and consents. 07 Metered Water Rates The variance from annual plan is mainly due to seasonal fluctuation in water usage. 08 Dividends YTD Actual represents the dividend received from LGFA for the shares we hold in LGFA. 09 Interest Received The variance from annual plan is mainly due to the level of cash and deposits held throughout the year. 10 Other Gains/(Losses) Profit on Sale of Assets YTD Actual represents the loss incurred following the GHL Phase 2 Asset transfer. Expenditure on Operating Activities Actual 2016/17 YTD: Where this expenditure is incurred Revenue Management 6% 18% 36% 4% 3% 3% 6% 14% Information Services Civic Economic Development Parking Conservation Rural Fire Three waters Solid Waste Roading Theatres Reserves Other C:\Users\pbj\Objective\objective8000\Objects\CE Report 11 May (A781125).xlsx
2 Total YTD Actual Revenue, Expenditure Trends Over The Year and Net Surplus vs Annual Plan 90,000 80,000 70,000 60,000 YTD Actual ($000) 50,000 40,000 30,000 20,000 10,000 10,000 Jul16 Aug16 Sep16 Oct16 Nov16 Dec16 Jan17 Feb17 Mar17 Apr17 May17 Revenue Expenditure Net surplus Annual Plan Net surplus
3 8,000 Reconciliation of Total YTD Comprehensive Income Between Annual Plan and Actual 6,000 4,000 2,000 (2,000) (4,000) Variance ($000) Reconciliation of Total YTD comprehensive Income between annual plan and actual ($000)
4 Statement of Financial Position As at 11 months ended 31 May 2017 Note Opening period Current period 30 June May 2017 $000s $000s Net Funds Employed (Assets less Liabilities) 1,940,087 1,924, Employee Benefits Liabilities and Suspense Net Working Capital (Current Assets less Current Liabilities) 15,973 6,587 Includes holiday pay and other current employee benefit liabilities. Current Assets (Assets expected to be realised within next 12 months) 21,250 10,969 Cash & Bank Provisions for Other Liabilities Non Exchange Trade and Other Receivables 02 5,264 4,694 Provision for various legal matters and other liabilities. Exchange Trade and Other Receivables 03 5,718 4,341 Inventories Derivative Financial Instruments Investments 04 1,333 1,377 Interest rate swaps. Non Current Assets Held for Resale 05 8, Current Liabilities (Liabilities expected to be settled within next 12 months) 37,223 17, Property Plant and Equipment Deposits Held Council's Fixed assets. Trade and Other Payables 07 17,030 12,049 Employee Benefits and Suspense 08 1,897 1, Intangible Assets Borrowings 15 14,615 0 Includes computer software. Provisions for Other Liabilities 09 2,603 2,603 Derivative Financial Instruments Biological Assets Non Current Assets (Assets expected to be recovered for more than 12 months after the reporting period) 1,977,806 1,968,768 Includes the value of livestock and forestry. Trade and Other Receivables 0 0 Property Plant and Equipment 11 1,946,217 1,930, Non Current Investments Intangible Assets 12 3,636 2,864 Includes investments in GHL and CCTO increased by $7m due to GHL transfer phase 2. Biological Assets 13 3,277 3,277 Investments 14 24,676 31, Borrowings Non Current Liabilities (Liabilities expected to be settled after 12 months) 21,747 37,929 Current portion of the borrowing for this month is nil as the adjustment to split the borrowing into current and non current occurs at the Borrowings 15 17,000 33,976 end of the financial year. At the moment all borrowing is showing as non current borrowing. Employee Benefit Liabilities Provisions for Other Liabilities 16 1,698 1, Provisions for Other Liabilities Derivative Financial Instruments 10 2,723 1,930 Includes non current provisions such as Paokahu landfill and Waiapu landfill aftercare provisions. Equity #(excluding YTD Net Surplus/(Deficit) after Taxation) 1,942,998 1,924,251 Accumulated Surplus #(excluding YTD Net Surplus/(Deficit) after Taxation) 406, , Special Funds Special Funds 17 36,983 37,684 Includes various reserves such as depreciation reserves. Revaluation Reserves 18 1,499,262 1,479,574 YTD Surplus / (Deficit) 2,911 1, Revaluation Reserves Notes to the statement of Financial Position 01 Cash & Bank Westpac current account balance. 02 Non Exchange Trade and Other Receivables Includes rates receivable and other current receivables such as NZTA receivables. 03 Exchange Trade and Other Receivables Includes sundry debtors, prepayments and GST where receivable. 04 Investments Includes term deposits. 05 Non Current Assets Held for Resale Includes assets held for resale. Current period is lower compared to the opening balance as GHL phase 2 assets were transferred. Gain on assets revaluation. 06 Deposits Held Includes footpath deposits, bond deposits and theatre ticket sale deposit. 07 Trade and Other Payables Includes accounts payable, sundry creditors, audit fee accruals, GST where payable & other IRD payables, Waerenga o Kuri Liability. Location:GDC File plan; Financial Management;Management Reporting;Management Reporting 2016/17;Financial Reports;[CE Report 11 May (A781125).xlsx]
5 Debt Graphs and Cash flow graphs As at the month ending May financial year 2016/2017 DEBT FORECASTING & TRENDS 6,000 Cashflow graph (Inverted Debt Movements) Accumulating CF 4,000 Thousands 2, ,000 4,000 6,000 8,000 10,000 12,000 30/06/ /07/ /08/ /09/ /10/ /11/ /12/ /01/ /02/ /03/ /04/ /05/2017 Periods
6 Capital Expenditure for the 11 months ended 31 May June May June 2017 % Spent Cost Centre Period 12 Period 11 Period 12 By May 17 of Full Year Budget YTD Full Year Reforecast Full Year Reforecast $000s $000s $000s Excluding Major Projects Environment & Regulatory Service 11,689k 11,094k 12,960k 86% Conservation 0k 0k 0k NA Environmental Services Management 0k 0k 0k NA Environmental Monitoring & Hydrology 84k 81k 88k 9 Roading 11,067k 10,765k 12,594k 85% Rivers Asset Management 189k 1k 31k 4% Flood Control Schemes 0k 199k 199k 100% Wainui Foredune Protection 156k 51k 51k 100% Rivers Control & Land Drainage 193k 2k 2k 100% Operations 5,614k 2,790k 3,530k 79% Finance 260k 17k 39k 44% Information Management 1,898k 472k 631k 75% Rural Fires 5k 0k 0k 0% Wastewater 251k 518k 673k 77% Stormwater 1,104k 181k 253k 7 Water Supply 1,321k 1,130k 1,410k 80% Property Management 0k 50k 53k 94% Facilities & Plant Management 336k 205k 233k 88% Community & Staff Housing 241k 216k 236k 91% Quarry 14k 0k 1k 0% Gisborne Vehicle Testing 6k 0k 0k 0% Holiday Park 178k 0k 0k 0% Planning & Development 2,478k 1,293k 1,520k 85% Solid Waste 72k 31k 37k 84% Theatres & Halls 15k 0k 1k 0% Conveniences 76k 0k 6k 0% Reserves 1,296k 473k 549k 86% Cemeteries 14k 26k 27k 96% Community Property 456k 248k 298k 83% Property Management Arts & Public Places 287k 295k 367k 80% Pool Operations 0k 6k 6k 0% District Library Operations 261k 214k 228k 0% Grand Total (Excluding Major Projects) 19,780k 15,177k 18,010k 30 June May June 2017 % Spent Major Projects Period 12 Period 11 Period 12 By May 17 of Comments Full Year Budget YTD Full Year Reforecast Full Year Reforecast Library Expansion 4,979k 375k 950k 39% Library Project moved to next financial year Lawson Field theatre 1,000k 28k 31k 89% Navigations 2,593k 284k 325k 87% Navigation Project delayed until next financial year. Walkways and Cycleways 1,000k 0k 0k 0% Asset Management 0k 246k 262k 94% Deciper 0k 24k 44k 54% Smarter Services 0k 329k 454k 7 Titirangi Restoration 412k 314k 364k 86% Drainwise 402k 170k 438k 39% Mainly due to delay in Hirini street project Wastewater Management Options 2,970k 1,463k 1,751k 84% Waipaoa Flood Control 500k 252k 322k 78% Major Projects Total 13,856k 3,484k 4,942k Grand Total 33,636k 18,662k 22,952k Comments
7 Periodical CAPEX Charts 450, Capex for each month Waste Water 140, Capex for each month Storm Water 300, Capex for each month Water Supply 1, Capex for each month Roading 350, , , , , , 250, , , , , , , , , , , , , YTD Accumulating CAPEX Charts 3,500, YTD Accumulating Capex Waste Water 1,600, YTD Accumulating Capex Storm Water 1, YTD Accumulating Capex Water Supply 12,000, YTD Accumulating Capex Roading 3,000, ,500, ,000, ,500, , 1, 800, , , 800, , ,000, ,000, ,000, ,000, , ,000,000.00
0% 2% 1% 96% Information Services Civic Three waters Solid Waste 07 Metered Water Rates
Statement of Comprehensive Revenue and Expenses For the 10 months ended 30 April 2017 YTD YTD Actual YTD AP Variance Apr16 Note Apr17 2017 2017 $000s $000s $000s $000s REVENUE FROM NONEXCHANGE TRANSACTIONS
More informationCouncil Monthly Summary Financial Report. September 2017
Council Monthly Summary Financial Report September 2017 Index Page Statement of Financial Performance 4 Reconciliation of the Accounting performance to the underlying Operational performance Notes on Statement
More informationReport to FINANCE & AUDIT COMMITTEE for noting
17 036 Title: Section: Prepared by: Surplus Reserves and Internal Loans Finance Pauline Foreman (Senior Projects Accountant) Meeting Date: 9 February 2017 Legal Financial Significance = low Report to FINANCE
More informationTE TOHATOHA PŪTEA OUR FINANCES
TE TOHATOHA PŪTEA OUR FINANCES 7 Gisborne District Annual Report 25/ Contents Page Our Finances Our Finances Statement of Compliance and Responsibility 77 Statement of Comprehensive Income for the year
More informationFinancial Strategy. What is Council s financial strategy?
Financial Strategy Having a financial strategy is one of the key tools to the Council achieving its vision for the future. It is a new requirement under the amendments to the Local Government Act 2002.
More informationFINANCIALS IN DETAIL - PROSPECTIVE FINANCIAL STATEMENTS
PROSPECTIVE STATEMENT OF COMPREHENSIVE REVENUE AND EXPENSE OPERATING REVENUE Rates, Including Targeted Rates for Water Supply 137,774 143,267 150,032 153,926 Grants & Subsidies 5,022 5,319 5,303 5,058
More informationProspective Financial Statements
Consultation 2017/18 Support Papers Prospective Financial Statements For 2017/2018 PROSPECTIVE STATEMENT OF FINANCIAL PERFORMANCE Operating Revenue Rates 10,833,328 11,309,300 11,039,256 Rates penalties
More informationFinancial Results for the Six Months Ended 31 December 2016
Financial Results for the Six Months Ended 31 December 2016 Recommendation That the Board: i. Receives the report. Table of Contents 1. Overview (section 1) 2. Auckland Transport Financial Results a. Executive
More informationFinancial Performance
Financial Performance Statement of Comprehensive Revenue and Expense For the year ended 30 June Note Budget Revenue Rates, excluding targeted rates for water supply 4 57,758 57,786 54,146 57,740 54,146
More informationannual report
annual report 2013-2014 13. INTANGIBLE ASSETS CONSOLIDATED COUNCIL Computer software Balance at 1 July Cost 5,251 4,892 5,221 4,862 Accumulated amortisation and impairment (3,469) (2,951) (3,439) (2,921)
More informationFinancial Results for the Nine Months Ended 31 March 2018
Financial Results for the Nine Months Ended 31 March 2018 Recommendation That the Board: i. Receives the report. Table of Contents 1. Overview (section 1) 2. Auckland Transport Financial Results a. Executive
More informationSummary of Draft Financial Information
Summary of Draft Financial Information Prospective Statement of Financial Position p.2 Prospective Funding Impact Statement p.3 Prospective Statement of Comprehensive Revenue and Expenses p.4 Prospective
More informationUNDERSTANDING YOUR RATES ACCOUNT. INSTALMENT 1: Last day for payment 30 September 2016
UNDERSTANDING YOUR S ACCOUNT INSTALMENT 1: Last day for payment 30 September HOW ARE S CALCULATED? Your rates account will show the different kinds of rate that we collect. Most of them are based on the
More informationAccounting information
Accounting information Accounting policies Reporting entity Since 1 July 1992, the Council has been constituted as a unitary authority assuming the responsibilities of the former Nelson Marlborough Regional
More informationTYP Workshop: Major Projects 23 June 2011
TYP Workshop: Major Projects 23 June 2011 Workshop Outline Introduction Major Project Updates Major Projects Project Readiness Wider context of Major Projects Investment in community facilities Financial
More informationThis introduction will give you a guide on how to follow the financial information given in this report.
FINANCIAL STATEMENTS Introduction to the Financial Statements Financial Statements are produced by the WDC to fulfil the requirements of the Local Government Act 2002 and also to communicate its financial
More information2 level set out in the Long Term Plan 2015/2025. We have been able to utilise our improved financial capacity and flexibility to further our current c
File number: 2304.15 Approved for agenda Report to: Council Meeting date: 14 March 2017 Subject: Annual Plan 2017/2018 material - source documents Date of report: 06 March 2017 From: Glennis Christie,
More informationachieving results in the public sector Kāpiti Coast District Council Financial Investigation of a Kāpiti Coast Unitary April 2013
AUCKLAND SYDNEY BRISBANE PERTH Kāpiti Coast District Council Financial Investigation of a Kāpiti Coast Unitary achieving results in the public sector TABLE OF CONTENTS 1. INTRODUCTION... 1 2. METHODOLOGY...
More informationIntroduction to the Financial Statements
Financial Statements Introduction to the Financial Statements Financial Statements are produced by the Council to fulfil the requirements of the Local Government Act 2002 and also to communicate its financial
More informationFunding Impact Statement
Funding Impact Statement 1. Revenue and Financing Sources Generally The following revenue mechanisms will be used in 2015/16 and throughout the term of this LTP: General rates Targeted rates Fees and charges
More informationSupporting document: Full financial information
ACCOUNTING POLICIES AND ASSUMPTIONS Supporting document: Full financial information Accounting policies and assumptions... 3 Accounting policies... 3 Basis of preparation... 3 Accounting policies... 4
More information$180 $160 $140 $120 $100 $80 $60 $40 $20 $ Single Fam -New Apts -New
2012 REVENUE FORECAST Presented by Brian Henshaw September 26, 2011 1 Economic Conditions Housing starts Federal & State deficits Sovereign-debt crisis Bankruptcies Unemployment Stock Market volatility
More informationAccounting policies. 1. Reporting entity
Accounting policies 1. Reporting entity Taupō District Council (TDC) is a Local Authority under Schedule 2, Part 2 of the Local Government Act 2002. The Council has not presented group prospective financial
More informationPre-Election Report. July 2016 Clare Hadley, Chief Executive
Pre-Election Report July 2016 Clare Hadley, Chief Executive This document constitutes the pre-election report for the purposes of Section 99A of the Local Government Act 2002 Contents Contents... 2 Introduction...
More informationAgenda Item 7 Date: 30 November Rob Forster, Director of Finance & IM&T. Approve Adopt Receive for information
Trust Board Agenda Item 7 Date: 30 November 20 Title of Report Finance Board Report Month 7 Purpose of the report and the key issues for consideration/decision To update Trust Board on the monthly financial
More informationAssets - GL reconciliation
Another Company Ltd Assets - GL reconciliation Assets values are calculated based on: Control group Cost Accumulated depreciation Closing WDV Account GL balance Asset balance Variance Account GL balance
More informationHALLENSTEIN GLASSON HOLDINGS LIMITED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME For the six months 1 February 2018 (unaudited) Half Year Half Year 1/2/18 1/2/17 $000 $000 Sales revenue 146,757 122,911 Cost of sales (56,551) (51,555) Gross
More informationReview of Membership Developments
RIPE Network Coordination Centre Review of Membership Developments 7 October 2009/ GM / Lisbon http://www.ripe.net 1 Applications development RIPE Network Coordination Centre 140 120 100 80 60 2007 2008
More informationForecast Position. Detailed financial statements are included in the Appendix attached to this report. March 2018 $Ms Year to Date $Ms Full Year $Ms
MEMO To: Board Members From: Eric Sinclair, GM Finance & Performance Date: 18 April 2018 Subject: Financial Report for February 2018 Status This report contains: For decision Update Regular report For
More informationFinancial information
Financial information 135 Significant forecasting assumptions and risks Greater Wellington Draft Long-Term Plan 2012-22 These prospective financial statements were authorised for issue by the Council on
More informationFinance Report June Quarter Review
Finance Report June Quarter Review Contents Introduction... 3 Performance Summary (by Department)... 4 Income... 4 Expenses... 5 Narrative... 6 Departmental Summaries... 7 1.1 Councillor & Executive...
More informationGENERAL FUND AT A GLANCE Category Budget YTD Actual % % Year Passed Resources 8.33% Uses 8.33% $0 $1,330,750
City of Edmond Monthly Financial Report FY 2008/2009 Through the Month Ended Unaudited - Intended for Management Purposes Only The following is a summary of the City's financial results for operating funds.
More informationACCOUNTING INFORMATION
CONTENTS Accounting Information... 1 Inflation Adjusted Accounts... 14 Reserve Funds... 25 Financial Regulations Benchmarks... 28 ACCOUNTING INFORMATION REPORTING ENTITY The financial forecasts reflect
More informationRevenue and Financing Policy
Revenue and Financing Policy PART 1 NOTE: The Introduction, Summary of Changes and General Rating Information section does not form part of the Revenue and Financing policy. It is provided to assist readers
More informationReport to COUNCIL for noting
15/362 Subject: Chief Executive s Activity Report: September 2015 Prepared by: Judy Campbell (Chief Executive) Meeting Date: 8 October 2015 Report to COUNCIL for noting SUMMARY Attached is my report for
More informationKingston Hospital NHS Foundation Trust. Finance Report December 2017 (Month 09)
Original 0 0 0 ' s Kingston Hospital NHS Foundation Trust Finance Report December 2017 (Month 09) CONTENTS EXECUTIVE SUMMARY........3 SECTION 1: OVERALL INCOME AND EXPENDITURE.......4 SECTION 2: DIVISIONAL
More informationNorthern Gateway Toll Road. Operating report to the Minister of Transport for the twelve months ended 30 June 2012
Northern Gateway Toll Road Operating report to the Minister of Transport for the twelve months ended 30 June 2012 EXECUTIVE SUMMARY 5.2 million TRIPS While the actual volume of trips increased by 70,000
More informationTrust Board Meeting: Wednesday 8 July 2015 TB Title Financial Performance to 31 May 2015
Trust Board Meeting: Wednesday 8 July 2015 Title Financial Performance to 31 May 2015 Status History A paper for report. Regular report Board Lead Mr Mark Mansfield, Director of Finance and Procurement
More informationYOUR RATES. Working for you
YOUR RATES Working for you What do your rates pay for? Rates cover the cost of the many different activities and services the Council carries out every day for the community. At the Gore District Council
More informationNorthern Gateway Toll Road. Operating report for the 12 months ending 30 June 2010
Northern Gateway Toll Road Operating report for the 12 months ending 30 June 2010 Copyright information This publication is copyright NZ Transport Agency. Material in it may be reproduced for personal
More informationManagement Reports. June for PREPARED BY POWERED BY
Management Reports for June 217 PREPARED BY POWERED BY Contents 1. Management Reports Cashflow Forecast Actual vs Budget P&L Forecast Where Did Our Money Go? Net Worth 2. Understanding your Reports 3.
More informationJanuary 2015 Monthly Financial Report PREPARED BY
January 2015 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division City of Phoenix Monthly Financial Report January 2015 Table of Contents by Programs Page Performance Status
More informationSeptember 2014 Monthly Financial Report PREPARED BY
September 2014 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division City of Phoenix Monthly Financial Report September 2014 Table of Contents by Programs Page Performance Status
More informationForecast Position. Detailed financial statements are included in the Appendix attached to this report.
MEMO To: Board Members From: Eric Sinclair, GM Finance & Performance Date: 17 January 2018 Subject: Financial Report for December 2017 Status This report contains: For decision Update Regular report For
More informationRevenue and Financing Policy
It is likely that in the future other relationship agreements will be required for Council to enter into in a post treaty settlement environment especially for those Tangata Whēnua/Māori not covered by
More informationReport to: General Committee Meeting Date: November 12, 2018
SUBJECT: 2018 September Year-To-Date Review of Operations and Year-end Projection PREPARED BY: Andrea Tang, Senior Manager of Financial Planning Jay Pak, Senior Business Analyst RECOMMENDATION: 1) THAT
More informationPart 3: Financial Statements
Part 3: Financial Statements Statement of Comprehensive Revenue and Expense Statement of Changes in Net Assets/Equity Statement of Financial Positon Statement of Cash Flows Notes to Financial Statements
More informationKingston Hospital NHS Foundation Trust. Finance Report October 2018 (Month 07)
Original 0 0 0 ' s Var Kingston Hospital NHS Foundation Trust Finance Report October 2018 (Month 07) CONTENTS EXECUTIVE SUMMARY........3 SECTION 1: OVERALL INCOME AND EXPENDITURE.......4 SECTION 2: DIVISIONAL
More informationStatement of Accounting Policies for Prospective Financial Statements
Statement of Accounting Policies for Prospective Financial Statements Reporting Entity Thames-Coromandel District Council (Council) is a territorial local authority governed by the Local Government Act
More informationYTD REVENUE to EXPENDITURES and BUDGET COMPARISON (In Millions) $39.992
CITY OF FARMINGTON MEMORANDUM TO: Mayor, Council, and City Manager FROM: Andy Mason, Administrative Services Director DATE: March 22, 2016 SUBJECT: February FY2016 Monthly Financial Report Attached is
More informationL O N G T E R M P L A N. Financial Statements
L O N G T E R M P L A N Financial Statements Table of contents Statement of Accounting Policies for Prospective Financial Statements... 1 Prospective Statement of Comprehensive Revenue and Expense... 21
More informationLocal Government Model Financial Report
Local Government Model Financial Report 2016-17 2016-17 2017-18 Local Government Victoria, FG 4-2018 Instruction: Type in information indicated into the cell provided and this will populate the relevant
More informationCITY OF FARMINGTON MEMORANDUM
CITY OF FARMINGTON MEMORANDUM TO: Mayor, Council, and City Manager FROM: Andy Mason, Administrative Services Director DATE: November 12, 2018 SUBJECT: October FY2019 Monthly Financial Report Attached is
More informationAdjusted Trial Balance Another Company Ltd - for period 01/04/2013 to 31/03/2014
Adjusted Trial Balance Another Company Ltd - for period 01/04/2013 to 31/03/2014 Account Quantity Client bal. DR CR Final Last Period Status Accounts 10+ *** FARM LIVESTOCK ACCOUNTS [100-169] *** - Livestock
More informationSection D: Financial Information
The Shearer Statue Section D: Financial Information This section provides the Financial Strategy, details on the financial implications of the Plan, including estimated expenditure, revenue and public
More informationYTD REVENUE to EXPENDITURES and BUDGET COMPARISON (In Millions)
CITY OF FARMINGTON MEMORANDUM TO: Mayor, Council, and City Manager FROM: Andy Mason, Administrative Services Director DATE: July 21, 2014 SUBJECT: June FY2014 Monthly Financial Report Attached is the Monthly
More informationQUESTION 2. QUESTION 3 Which one of the following is most indicative of a flexible short-term financial policy?
QUESTION 1 Compute the cash cycle based on the following information: Average Collection Period = 47 Accounts Payable Period = 40 Average Age of Inventory = 55 QUESTION 2 Jan 41,700 July 39,182 Feb 18,921
More informationMUNICIPAL FINANCE MANAGEMENT ACT (MFMA): PRELIMINARY MONTHLY FINANCIAL REPORT FOR THE PERIOD ENDED 30 SEPTEMBER 2018 (MONTHLY BUDGET STATEMENT)
10 October 2018 THE CITY MANAGER THE EXECUTIVE MAYOR MUNICIPAL FINANCE MANAGEMENT ACT (MFMA): PRELIMINARY MONTHLY FINANCIAL REPORT FOR THE PERIOD ENDED 30 SEPTEMBER 2018 (MONTHLY BUDGET STATEMENT) 1. PURPOSE
More informationGENERAL FUND AT A GLANCE Category Budget YTD Actual % % Year Passed Resources 50.00% Uses 50.00% $0 $1,928,600
City of Edmond Monthly Financial Report FY 2007/2008 Through the Month Ended Unaudited - Intended for Management Purposes Only The following is a summary of the City's financial results for operating funds.
More informationFinance Report: 2014/15 Month 9. Maria Moore Deputy Chief Executive/Director of Finance TRUST BOARD 29 th January 2015
Finance Report: 2014/15 Month 9 Maria Moore Deputy Chief Executive/Director of Finance TRUST BOARD 29 th January 2015 Summary as at 31 st December 2014 1. Actual YTD deficit of 4.48m 2. 5.05m variance
More informationForecast Position. Detailed financial statements are included in the Appendix attached to this report.
MEMO To: Board Members From: Eric Sinclair, GM Finance & Performance Date: 21 February 2018 Subject: Financial Report for January 2018 Status This report contains: For decision Update Regular report For
More informationCITY OF FARMINGTON MEMORANDUM
Millions ($) CITY OF FARMINGTON MEMORANDUM TO: Mayor, Council, and City Manager FROM: Andy Mason, Administrative Services Director DATE: December 14, 2018 SUBJECT: November FY2019 Monthly Financial Report
More informationFINANCIAL PERFORMANCE REPORT
FINANCIAL PERFORMANCE REPORT Capital Expenditure - Expenditure Variations of +$50k April 2012 Page 1 of 10 Contents Table of Contents Summary Operating Statement 3 Operating Revenue 4 Operating Expenses
More informationFinancial Statements Whole of Council Financial Statements
Whole of Council Financial Statements Annual Plan Disclosure Statement for the Year Ending 30 June 2017 The purpose of this statement is to disclose the council s planned financial performance in relation
More informationAccountability Information: Notes to the financial statements I Page 115
Accountability Information: Notes to the financial statements I Page 115 Note 1: Statement of Accounting Policies 1.1 Reporting Entity The Hawke's Bay (Council) is a regional local authority governed by
More informationFinancial Statements of the Government of New Zealand
Financial Statements of the Government of New Zealand For the Nine Months Ended 31 March 2018 Prepared by the Treasury 8 May 2018 978-1-98-855637-6 (Print) 978-1-98-855638-3 (Online) This document is available
More informationFiscal Year 2018 Project 1 Annual Budget
Fiscal Year 2018 Project 1 Annual Budget Table of Contents Table Page Summary 3 Summary of Costs Table 1 4 Treasury Related Expenses Table 2 5 Summary of Full Time Equivalent Table 3 6 Positions Cost-to-Cash
More information1: Product Profitability Analysis - Exercise
1: Product Profitability Analysis - Exercise PRODUCT TOTAL Filter Bolt Drum PRICE ( ) 12 6 15 COST ( ) 8 3 12 ANNUAL SALES ( ) 1,440k 1,800k 2,500k 5,740k AVERAGE STOCK ( ) 210k 850k 240k 1,300k 1 Typical
More informationTEAR AUSTRALIA INC. AUDITED GENERAL PURPOSE FINANCIAL REPORTS FOR THE YEAR ENDED 30 JUNE 2009
TEAR AUSTRALIA INC. AUDITED GENERAL PURPOSE FINANCIAL REPORTS FOR THE YEAR ENDED 30 JUNE INCOME STATEMENT FOR THE YEAR ENDED 30 JUNE Note Revenue from Ordinary Activities 2 15,990,873 15,502,614 Funds
More informationCity of Justin NOVEMBER
City of Justin MONTHLY FINANCIAL REPORT NOVEMBER - 2018 1 Revenues: Sales tax revenue is up 14.5% from this time prior year and November s sales tax collections increased 2.4% from November 2017. The City
More informationStatement of Revenues, Expenses, and Changes in Net Position (Income Statement) Page 4
M E M O R A N D U M EUGENE WATER & ELECTRIC BOARD TO: FROM: DATE: August 26, 2016 SUBJECT: OBJECTIVE: Commissioners Simpson, Helgeson, Manning, Mital and Brown Sue Fahey, CFO; Susan Eicher, Accounting
More informationProspective statement of changes in net assets/equity
Prospective statement of comprehensive income and expense Prospective statement of changes in net assets/equity 2013/14 Note $000 TYP Variance to TYP 2013/14 Note $000 TYP Variance to TYP Family Fun Day,
More informationCity of Milton 4th Qtr Financial Report
1 TO: CC: FROM: Debra Perry, Mayor Milton City Council City Administrator Department Directors Lisa Tylor, Finance Director DATE: March 17, 2014 SUBJECT: - Fourth Quarter/Year-End Financial Status Report
More informationChristchurch City Council Draft Annual Plan 2016/17 and Proposed Amendments to the Long-term Plan (Draft) Council Consideration Draft
Christchurch City Council Draft Annual 2016/17 and Proposed Amendments to the Long-term 2015-2025 (Draft) Council Consideration Draft Please note: This document contains the Council consideration draft
More informationCHAPTER THREE Finances
CHAPTER THREE Finances CHAPTER THREE Statement of comprehensive revenue and expense for year ended 30 June 2018 127 Statement of financial position as at 30 June 2018 128 Statement of changes in equity
More informationWESTWOOD LUTHERAN CHURCH Summary Financial Statement YEAR TO DATE - February 28, Over(Under) Budget WECC Fund Actual Budget
WESTWOOD LUTHERAN CHURCH Summary Financial Statement YEAR TO DATE - February 28, 2018 General Fund Actual A B C D E F WECC Fund Actual Revenue Revenue - Faith Giving 1 $ 213 $ 234 $ (22) - Tuition $ 226
More informationNW371 Moretele - Table A1 Budget Summary
NW371 Moretele - Table A1 Summary Description 2012/13 2013/14 2014/15 Medium Term Revenue & Expenditure R thousands Pre-audit outcome Year Year +1 2017/18 Year +2 2018/19 Financial Performance Property
More informationCHAPTER THREE Finances
CHAPTER THREE Finances 128 INTRODUCTION OUR DISTRICT CHAPTER THREE Statement of comprehensive revenue and expense for year ended 30 June 2017 130 Statement of financial position as at 30 June 2017 131
More informationRevenue and Financial Policy
Revenue and Financial Policy Revenue and Financing Policy The Revenue and Financing Policy sets out how the Council funds each activity it is involved in and why. The Council is required to have this Policy
More informationCity of Concordia, KS Monthly Financial Report August 31, 2013
City of Concordia, KS Monthly Financial Report August 31, 2013 BUDGETED FUNDS Beginning Ending Encumbrances Subtract Cash Balance Unencumbered Cash Unencumbered and Accounts Accounts August 31, Funds Cash
More informationPreliminary Year-End Financial Results December 31, 2017
Preliminary Year-End Financial Results December 31, 2017 Recommendation That the Standing Policy Committee on Finance recommend to City Council: 1. That the fuel surplus amount of $355,002 not be transferred
More informationPerformance Report October 2018
Structured Investments Indicative Report October 2018 This report illustrates the indicative performance of all Structured Investment Strategies from inception to 31 October 2018 Matured Investment Strategies
More informationTable of Contents. Page 1-3 Page 4-5 Page 6 Page 7 Page 8-10 Page 11
Table of Contents 1. Consolidated Financial Results 2. Growth in Productive Assets 3. Group Return on Assets Analysis 4. Group Profitability Analysis 5. Divisional Performance Indicators 6. Glossary Page
More informationStatement of Accounting Policies
Statement of Accounting Policies FOR THE YEAR ENDED 30 JUNE 2009 Reporting Entity The Far North District Council is a territorial local authority governed by the Local Government Act 2002. The financial
More information11 May Report.xls Office of Budget & Fiscal Planning
Education and General Fund Actual Revenues and s by Month MTD YTD Change Revenue Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Per 14 Total over FY06 Enrollment Fees $ 8,211 $ 219 $ 41,952 ($ 818) $
More informationNAPIER CITY COUNCIL TEN YEAR PLAN APPENDIX A 2012/13 TO 2021/22. Detailed Financial Information and Council Policies. Adopted 26 June 2012
NAPIER CITY COUNCIL TEN YEAR PLAN 2012/13 TO 2021/22 ISSN 1173-4477 APPENDIX A Detailed Financial Information and Council Policies Adopted 26 June 2012 Napier City Council Phone: 06 835 7579 Private Bag
More informationReport to: General Committee Report Date: March 6, Andrea Tang, Senior Manager of Financial Planning Jay Pak, Senior Business Analyst
SUBJECT: PREPARED BY: 2017 Year-End Review of Operations Andrea Tang, Senior Manager of Financial Planning Jay Pak, Senior Business Analyst RECOMMENDATION: 1) THAT the report entitled 2017 Year-End Review
More informationThe Council is asked to approve the budget for the year ending 31 March HCPC income and expenditure for the year ending 31 March 2015.
Council, 26 March 2015 for 2015-16 Executive summary and recommendations Introduction HCPC s proposed budget for the year ending 31 March 2016 is attached, including the calculation of the target minimum
More informationWest Hertfordshire Hospitals NHS Trust. Finance Report. Period 12. April to March 2009
West Hertfordshire Hospitals NHS Trust Finance Report Period 12 April to March 2009 Presented by Phil Bradley (Acting) Director of Finance 17 April 2009 1 Summary Financial Overview as at 31 March 2009
More informationConsolidated Cash Flow Statement for the year ended 30th June, 2002
Consolidated Cash Flow Statement for the year ended 30th June, 2002 Notes Net cash inflow from operating activities (a) 4,916,217 6,797,641 Returns on investments and servicing of finance Interest received
More informationSOMERSET PARTNERSHIP NHS FOUNDATION TRUST FINANCE REPORT. Report to the Trust Board 4 July 2018
G SOMERSET PARTNERSHIP NHS FOUNDATION TRUST FINANCE REPORT Report to the Trust Board 4 July 2018 Sponsoring Director: Author: Executive Summary Director of Finance. Director of Finance supported by Deputy
More informationReport to: General Committee Date Report Authored: February 29, Andrea Tang, Senior Manager of Financial Planning
SUBJECT: PREPARED BY: 2015 Year-End Review of Operations Andrea Tang, Senior Manager of Financial Planning RECOMMENDATION: 1) THAT the report entitled 2015 Year-End Review of Operations be received; 2)
More informationBudget Status Report. Month Ending
Budget Status Report Month Ending March 31, 2017 REVENUES - GENERAL FUND BUDGET ESTIMATE & ACTUAL RECEIPTS BUDGETED YTD ACTUAL YTD % GENERAL FUND REVENUE SOURCE REVENUE REVENUE COLLECTED BALANCE TAXES
More informationEconomic Activity Index ( GDB-EAI ) For the month of May 2013 G O V E R N M E N T D E V E L O P M E N T B A N K F O R P U E R T O R I C O
Economic Activity Index ( GDB-EAI ) For the month of May 2013 General Commentary May 2013 GDB-EAI for the month of May registered a 3.4% year-over-year ( YOY ) reduction May 2013 EAI was 126.7, a 3.4%
More informationFinancial Results for the Nine Months Ended 31 March 2015
Financial Results for the Nine Months Ended 31 March 2015 This report summarises the Auckland Transport financial results for the nine months ended 31 March 2015. Recommendation That the Board: i. Receive
More informationC51/07/2013 FINANCES: ADJUSTMENT BUDGET FOR THE 2012/2013 FINANCIAL YEAR: JULY /1/2 (B)/wm
Adjustment July 2013 C51/07/2013 FINANCES: ADJUSTMENT BUDGET FOR THE 2012/2013 FINANCIAL YEAR: JULY 2013 5/1/2 (B)/wm RESOLVED BY COUNCIL 1. THAT the unauthorised expenditure of R350 000 on P1100224 due
More informationCURRENT FUND BALANCED BUDGET CASH PROJECTIONS
March 2018 Cash Projections - 1 - Tacoma Power TACOMA POWER CURRENT FUND BALANCED BUDGET CASH PROJECTIONS Estimated Cash for 2017-2018 250 200 150 AMOUNT (millions) 100 50 0 Dec-17 Jan-18 Feb-18 Mar-18
More informationFOR - ARRA Financial and Operational Review Report Investigations
Program Description 96-3133 Investigations This appropriation funds studies to determine the need, engineering feasibility, and economic and environmental return to the Nation of potential solutions to
More informationPerformance Highlights. Prepared for. MEGALO Hospitality. CLIENT Restaurant Client. Period. Jun Created on 10th June 2017
Performance Highlights Prepared for CLIENT Restaurant Client Period Jun 2017 Created on 10th June 2017 Executive Summary OBSERVATIONS Comparing Jun 2017 with the same month last year Jun 2016. REVENUE
More informationa b c d (c-b) Sept 30, 2015 Cash Balance
Staff Report To: From: Mayor John Muhlfeld and City Councilors Dana Smith, Finance Director Date: October 29, 2017 Re: 1st Quarter Financial Report for Fiscal Year 2018 This quarterly financial report
More information