Engineering Services

Engineering Services	April 2025 YTD Actual ($'000)	April 2025 YTD Q2 Budget ($'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	3,165	3,253	(88)	(2.7)%	3,910	3,910	3,910
Other Income	810	944	(134)	(14.2)%	1,250	1,250	1,250
Profit or (Loss) on Disposal	-	-	-	n/a	-	-	-
Total Income	3,975	4,197	(221)	(5.3)%	5,160	5,160	5,160
Expenses from Continuing Operations
Employee Costs	3,074	3,566	493	13.8%	3,637	3,637	3,596
Borrowing Costs	-	-	-	n/a	-	-	-
Materials & Services	3,130	1,939	(1,192)	(61.5)%	2,473	2,473	2,418	Timing of park asset maintenance.
Other Expenses	2	-	(2)	n/a	-	-	-
Depreciation & Amortisation	-	-	-	n/a	-	-	2
Total Expense	6,205	5,505	(700)	(12.7)%	6,111	6,111	6,017
Total Surplus/(Deficit) before Funding	(2,230)	(1,308)	(922)	(70.5)%	(951)	(951)	(857)
Operating Grants & Contributions
Operating Grants	-	-	-	n/a	58	58	58
Total Surplus/(Deficit) after Operating Grants	(2,230)	(1,308)	(922)	(70.5)%	(893)	(893)	(799)
Funding Contributions & Overhead Allocations
Capital Grants & Contributions	-	-	-	n/a	-	-	-
Overhead Allocation	(1,442)	(1,396)	(47)	(3.3)%	(1,675)	(1,677)	(1,691)
Funding from/(to) Restricted Funds	38	-	38	n/a	50	50	50
Funding from/(to) General Funds	3,634	2,704	930	34.4%	2,517	2,520	2,440
Total Surplus/(Deficit) after Capital Grants, Contributions & Funding	-	-	-	n/a	-	-	-

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