Council Budget
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 2007-2008 Budget, the following income and expenditure is anticipated:
| Operating Income: | $3,660,729.00 |
| Operating Expenditure: | $2,598,091.00 |
| Net Capital Expenditure: | $2,439,873.00 |
| Net Transfer from Reserves: | $1,374,787.00 |
| Net Budget Surplus: | $2,448.00 |
Overview of the Budget is as follows:
Income
| Total Rate Income approximately | $1,737,782.00 |
| General Purpose Grant | $899,505.00 |
| Vehicle Licensing Commissions | $25,000.00 |
| Grants for Roadwork | $414,827.00 |
| Pnvnte Works gross income | $34,000.00 |
| Interest received from Investments | $50,000.00 |
Expenditure
| Operation of Beverley Swimming Pool | $ 90,610.00 |
| Caravan Park Upgrade | $ 119,000.00 |
| Road/Bridge Construction | $1,529,771.00 |
| Housing | $ 220,000.00 |
| Plant Replacement | $ 528,000.00 |
Last modified
21-Sep-2007 03:18 PM