Inner West Council

IWC October 2025 YTD Actual ($'000) October 2025 YTD Q1 Budget ($000) Variance Better/(Worse) ($000) Variance Better/(Worse) (%) 2025/26 QBRS Q1 Budget ($000) 2025/26 Adopted Budget ($000)
Income from Continuing Operations
General Revenue 63,369 63,723 (354) (0.6)% 191,918 191,918
User Charges & Fees 24,372 23,114 1,258 5.4% 66,510 66,144
Other Income 15,441 12,561 2,880 22.9% 43,605 41,030
Profit or (Loss) on Disposal 283 217 67 30.8% (770) (920)
Total Income 103,466 99,615 3,851 3.9% 301,262 298,172
Expenses from Continuing Operations
Employee Costs 56,182 54,552 (1,630) (3.0)% 157,856 156,351
Borrowing Costs 229 225 (4) (1.6)% 678 678
Materials & Services 33,372 30,208 (3,165) (10.5)% 105,578 100,387
Other Expenses 5,220 5,126 (93) (1.8)% 13,789 13,614
Depreciation & Amortisation 13,642 12,966 (676) (5.2)% 38,936 38,936
Total Expense 108,645 103,077 (5,568) (5.4)% 316,838 309,967
Total Surplus/(Deficit) before Funding (5,179) (3,462) (1,717) (49.6)% (15,576) (11,795)
Operating Grants & Contributions
Operating Grants 2,572 3,040 (468) (15.4)% 15,680 11,866
Total Surplus/(Deficit) after Operating Grants (2,607) (422) (2,185) <-100% 104 70
Funding Contributions & Overhead Allocations
Capital Grants & Contributions 360 6,772 (6,412) (94.7)% 36,607 31,555
Overhead Allocation (7) (10,191) 10,183 99.9% - -
Funding from/(to) Restricted Funds (15,585) 2,602 (18,187) <-100% (57,542) (59,229)
Funding from/(to) General Funds 17,840 1,239 16,601 >100% 20,832 27,604
Total Surplus/(Deficit) after Capital Grants, Contributions & Funding - - - n/a - -

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Page last updated: 24 Nov 2025