Financial Statements 2004

On this page your will find:

Income and Expenditure a/c statement
Revenue Collection

INCOME AND EXPENDITURE ACCOUNT STATEMENT FOR YEAR ENDED 31st DECEMBER, 2004

The Income and Expenditure Account Statement brings together all the revenue related income and expenditure. It shows the surplus/(deficit) for the year.

Expenditure by Programme Group	Note	Gross Expenditure	Gross Income	Net Expenditure	Net Expenditure
		2004	2004	2004	2003
		€ '000	€'000	€'000	€'000
Housing & Building		6,483	5,858	625	563
Roads Transportation & Safety		17,926	11,438	6,488	5,313
Water & Sewerage		6,592	3,138	3,454	3,277
Development Incentives & Control		3,679	1,991	1,688	1,271
Environmental Protection		7,640	5,186	2,453	2,600
Recreation & Amenity		2,412	383	2,030	1,729
Agriculture, Education, Health & Safety		5,346	4,797	549	479
Miscellaneous Services		3,455	1,067	2,388	1,749
Support Services		-	-	-	-

Total Expenditure/Income		53,533	33,858


Net Cost of programmes to be funded from Rates & Local Government Fund				19,675	16,981
Local Government Fund				16,248	13,425
County Rates				7,439	6,359
County Demand				1,200	1,200

Surplus / (Deficit) for Year before Transfers				5,212	4,003
Transfers from / (to) Reserves				(4,415)	(3,068)
Overall Surplus / (Deficit) for Year				797	935
General Reserve at 1st January 2005				(2,585)	(3,519)
General Reserve at 31st December 2005				(1,788)	(2,584)

REVENUE COLLECTION 2004

LOANS

Amount collected at year end as a percentage of amount due

92%

% of Arrears:

1 month old	9%
2 - 3 months old	6%
More than 3 months	79%

RENTS

Amount collected at year end as a percentage of amount due

92%

% of Arrears:

4 - 6 weeks old	6%
6 - 12 weeks old	11%
More than 12 weeks	62%

RATES

Amount collected at year end as a percentage of amount due

98%

WATER CHARGES

Amount collected at year end as a percentage of amount due

76%