| Description | 2025–26 | 2024–25 |
|---|---|---|
| Total revenue | $300.52 million | $295.46 million |
| Total spending | $279.85 million | $275.67 million |
| Account result – surplus/(deficit) | $20.66 million | $19.80 million |
Underlying operating result – surplus/(deficit) (This is an important measure of financial sustainability because it excludes capital income from being allocated to cover operating expenses) | $14.10 million | $11.90 million |
We’ve adjusted the 2025–26 surplus result by $6.56 million as this relates to capital grants and open space contributions.
We’ve adjusted the 2024–25 surplus result by $7.90 million as this relates to capital grants and open space contributions.