Community Venues

Community Venues	March 2024 YTD Actual ($'000)	March 2024 YTD Budget ($'000)	Variance Better/Worse ($'000)	Variance Better/Worse (%)	2023/24 QBRS Q2 Budget ($000)	2023/24 Adopted Budget ($000)	Commentary
Income from Continuing Operations
General Revenue	-	-	-	n/a	-	-
User Charges & Fees	489	310	179	57.7%	414	414	Higher than expected usage of venues.
Other Income	(0)	8	(8)	<-100%	10	10
Profit or (Loss) on Disposal	-	-	-	n/a	-	-
Total Income	489	318	171	53.7%	424	424
Expenses from Continuing Operations
Employee Costs	286	298	12	3.9%	397	478
Borrowing Costs	-	-	-	n/a	-	-
Materials & Services	800	913	113	12.3%	1,215	1,213
Other Expenses	-	-	-	n/a	-	-
Depreciation & Amortisation	760	820	60	7.3%	1,094	1,094
Total Expense	1,847	2,031	184	9.1%	2,706	2,785
Total Surplus/(Deficit) before Funding	(1,358)	(1,713)	355	20.7%	(2,282)	(2,361)
Operating Grants & Contributions
Operating Grants	-	-	-	n/a	-	-
Total Surplus/(Deficit) after Operating Grants	(1,358)	(1,713)	355	20.7%	(2,282)	(2,361)
Funding Contributions & Overhead Allocations
Capital Grants & Contributions	-	-	-	n/a	-	-
Overhead Allocation	-	-	-	n/a	-	-
Funding from/(to) Restricted Funds	(688)	-	(688)	n/a	-	-
Funding from/(to) General Funds	2,046	1,713	333	19.4%	2,282	2,361
Total Surplus/(Deficit) after Capital Grants, Contributions & Funding	-	-	-	n/a	-	-

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