| Description | 2022–23 | 2021–22 |
|---|---|---|
| Total revenue | $259.13 million | $263.49 million |
| Total spending | $252.52 million | $256.89 million |
| Account result based on total income of $259 million | $6.61 million | $6.60 million |
|
Underlying operating result (This is an important measure of financial sustainability because it excludes capital income from being allocated to cover operating expenses) |
–$0.31 million | –$14.44 million |
We have adjusted the 2022–23 surplus result by $6.92 million as this relates to capital grants and open space contributions.
We have adjusted the 2021–22 deficit result by $21.04 million as this relates to capital grants and open space contributions.