Inner West Council

IWC September 2025 YTD Actual ($'000) September 2025 Original Budget ($000) Variance Better/(Worse) ($000) Variance Better/(Worse) (%) 2025/26 Adopted Budget ($000)
Income from Continuing Operations
General Revenue 47,438 48,262 (824) (1.7)% 191,918
User Charges & Fees 16,238 15,890 348 2.2% 66,144
Other Income 10,821 7,193 3,627 50.4% 41,030
Profit or (Loss) on Disposal 177 125 52 41.9% (920)
Total Income 74,674 71,471 3,203 4.5% 298,172
Expenses from Continuing Operations
Employee Costs 42,059 41,411 (648) (1.6)% 156,351
Borrowing Costs 403 169 (235) <-100% 678
Materials & Services 23,761 18,910 (4,851) (25.7)% 100,387
Other Expenses 3,360 2,137 (1,223) (57.2)% 13,614
Depreciation & Amortisation 10,115 9,727 (388) (4.0)% 38,936
Total Expense 79,698 72,354 (7,344) (10.2)% 309,967
Total Surplus/(Deficit) before Funding (5,024) (883) (4,141) <-100% (11,795)
Operating Grants & Contributions
Operating Grants 2,025 981 1,044 >100% 11,866
Total Surplus/(Deficit) after Operating Grants (2,999) 98 (3,097) <-100% 70
Funding Contributions & Overhead Allocations
Capital Grants & Contributions 526 3,821 (3,295) (86.2)% 31,555
Overhead Allocation (0) 7,719 (7,719) <-100% -
Funding from/(to) Restricted Funds (17,246) (2,714) (14,532) <-100% (59,229)
Funding from/(to) General Funds 19,719 (8,924) (28,643) <-100% 27,604
Total Surplus/(Deficit) after Capital Grants, Contributions & Funding - - - n/a -

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Page last updated: 22 Oct 2025