2016-17 Annual Report 2016-17 Annual Report | Page 54

Financial Statements 2017 Toowoomba Regional Council Notes to the Financial Statements for the year ended 30 June 2017 Note 3. Revenue Analysis 2017 $'000 2016 $'000 General Rates Separate Rates Water Water Consumption, Rental and Sundries Sewerage Sewerage Trade Waste Garbage Charges Total rates and utility charge revenue 128,979 6,374 39,380 28,735 31,813 925 17,271 253,477 124,500 6,284 38,626 25,497 29,234 1,519 15,440 241,100 Less: Discounts Less: Pensioner remissions (21,162) (2,073) (20,140) (1,882) Notes (a). Rates, Levies and Charges TOTAL RATES, LEVIES AND CHARGES 230,242 219,078 36,745 36,260 36,745 36,260 4,457 454 4,096 399 4,911 4,495 9,215 8,903 9,215 8,903 (b). Fees and Charges User Fees and Charges TOTAL FEES AND CHARGES (c). Interest and Investment Revenue Interest Received from Investments Interest from Overdue Rates and Utility Charges TOTAL INTEREST AND INVESTMENT REVENUE (d). Sales Revenue Contract and Recoverable Works TOTAL SALES REVENUE The amount recognised as revenue for contract revenue during the financial year is the amount receivable in respect of invoices issued during the period. The contract work carried out is not subject to retentions. 54 page 16 TOOWOOMBA REGIONAL COUNCIL I Annual Report 2016 - 2017