Council Budget 2016-2017

Each year, the Shire of Beverley is required to prepare and publish a Budget for the following financial year. The budget lists all income and expenditure that the Shire is intending it will receive and require to undertake the works and services it provides.

The budget expenditure is made up of two main areas - operating expenditure (the money required to operate and maintain works and services, such as wages, maintenance and consumables) and capital expenditure (the money required to make capital improvements to items such as roads, buildings and plant & equipment).

In the 2016-2017 Budget, the following income and expenditure is anticipated:

Council income and expenditure
    Income Expenses
OPERATING INCOME $5,354,662.00  
OTHER INCOME $4,249,086.00  
OTHER FUNDING  $3,111,759.00  
OPERATING EXPENDITURE   $6,072,863.00
DISPOSAL Of ASSETS    $     42,000.00    
CAPITAL PROGRAMME    $6,600,644
TOTALS $12,715,507.00  $12,715,507.00
Net Budget Surplus  0.00   

Overview of the Budget is as follows:

Income

Council Income
Total RATES INCOME Approx $2,849,770.00
GENERAL PURPOSE GRANT $   820,647.00
OTHER GRANTS $2,837,013.00    
INTEREST Received From INVESTMENTS $    24,000.00
   

Expenditure

Council Expenditure
OPERATION OF BEVERLEY SWIMMING POOL $ 133,000.00
OLD SCHOOL BUILDING ROOF REPLACEMENT $ 60,000.00
ROAD, BRIDGE & DRAINAGE CONSTRUCTION $2,219,120.00
GRADER REPLACEMENT $  345,000.00
BEVERLEY CORNERSTONE $  4,000,000.00
   

For a comprehensive look at the 2016/2017 Budget click here.