Inner West Council

IWC November 2025 YTD Actual ($'000) November 2025 Q1 Budget ($000) Variance Better/(Worse) ($000) Variance Better/(Worse) (%) Q1 Budget ($000) 2025/26 Adopted Budget ($000)
Income from Continuing Operations
General Revenue 79,229 79,654 (425) (0.5)% 191,918 191,918
User Charges & Fees 30,126 28,787 1,339 4.6% 66,510 66,144
Other Income 18,606 15,618 2,988 19.1% 43,605 41,030
Profit or (Loss) on Disposal 54 271 (217) (80.2)% (770) (920)
Total Income 128,015 124,330 3,684 3.0% 301,262 298,172
Expenses from Continuing Operations
Employee Costs 67,875 70,260 2,385 3.4% 157,856 156,351
Borrowing Costs 283 281 (1) (0.4)% 678 678
Materials & Services 42,623 38,679 (3,944) (10.2)% 105,578 100,387
Other Expenses 6,409 6,421 12 0.2% 13,789 13,614
Depreciation & Amortisation 17,073 16,205 (869) (5.4)% 38,936 38,936
Total Expense 134,263 131,847 (2,416) (1.8)% 316,838 309,967
Total Surplus/(Deficit) before Funding (6,248) (7,516) 1,268 16.9% (15,576) (11,795)
Operating Grants & Contributions
Operating Grants 4,018 4,270 (253) (5.9)% 15,680 11,866
Total Surplus/(Deficit) after Operating Grants (2,231) (3,246) 1,015 31.3% 104 70
Funding Contributions & Overhead Allocations
Capital Grants & Contributions 4,883 8,203 (3,320) (40.5)% 36,607 31,555
Overhead Allocation (16) (12,738) 12,723 99.9% - -
Funding from/(to) Restricted Funds (34,998) 4,163 (39,160) <-100% (57,542) (59,229)
Funding from/(to) General Funds 32,361 3,619 28,742 >100% 20,832 27,604
Total Surplus/(Deficit) after Capital Grants, Contributions & Funding - - - n/a - -

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Page last updated: 12 Dec 2025