Inner West Council

IWC May 2025 YTD Actual ($'000) May 2025 Q3 Budget ($000) Variance Better/(Worse) ($000) Variance Better/(Worse) (%) Q3 Budget ($000) Q2 Budget ($000) Q1 Budget ($000) Adopted Budget ($000)
Income from Continuing Operations
General Revenue 167,760 167,580 179 0.1% 182,852 181,952 181,952 181,952
User Charges & Fees 62,041 60,319 1,722 2.9% 68,407 64,191 61,102 60,913
Other Income 43,522 42,518 1,004 2.4% 46,390 43,149 41,798 39,487
Profit or (Loss) on Disposal 417 (627) 1,043 >100% (718) (718) (1,109) (1,109)
Total Income 273,740 269,791 3,949 1.5% 296,930 288,573 283,742 281,242
Expenses from Continuing Operations
Employee Costs 139,892 147,540 7,648 5.2% 153,606 150,772 149,517 149,127
Borrowing Costs 653 663 9 1.4% 723 723 723 723
Materials & Services 99,242 96,698 (2,544) (2.6)% 109,929 104,611 99,736 95,584
Other Expenses 13,101 12,813 (288) (2.2)% 14,006 13,276 13,151 13,672
Depreciation & Amortisation 35,464 34,950 (515) (1.5)% 38,150 38,104 38,104 34,204
Total Expense 288,352 292,663 4,311 1.5% 316,415 307,487 301,231 293,311
Total Surplus/(Deficit) before Funding (14,613) (22,872) 8,260 36.1% (19,485) (18,914) (17,489) (12,069)
Operating Grants & Contributions
Operating Grants 8,735 13,710 (4,975) (36.3)% 16,521 15,860 12,905 10,353
Total Surplus/(Deficit) after Operating Grants (5,878) (9,162) 3,285 35.9% (2,964) (3,053) (4,585) (1,716)
Funding Contributions & Overhead Allocations
Capital Grants & Contributions 32,679 41,962 (9,283) (22.1)% 58,731 62,239 44,798 40,576
Overhead Allocation (34) - (34) n/a 0 0 0 0
Funding from/(to) Restricted Funds (24,631) (6,576) (18,055) <-100% (82,924) (73,571) (53,005) (50,409)
Funding from/(to) General Funds (2,136) (26,223) 24,087 91.9% 27,157 14,385 12,791 11,549
Total Surplus/(Deficit) after Capital Grants, Contributions & Funding - - - n/a - - - -

Rate this page

  • Rate as The content was useful16.67% The content was useful votes
  • Rate as The content was not useful83.33% The content was not useful votes

Page last updated: 13 Jun 2025