City of Bunbury Financial Plan 2017-18... · City of Bunbury Integrated Financial Plan ... which...
Transcript of City of Bunbury Financial Plan 2017-18... · City of Bunbury Integrated Financial Plan ... which...
City of Bunbury
Integrated Financial Plan - Part A
Financial Years:
Tuesday, 16 May, 2017
2017-18 to 2031-32
Provides a summary of the key elements of the Integrated Financial Plan
including an Executive Summary, Financial Overview,
Workforce Plan, and Asset Management Plan
Integrated Financial Plan 2017-18 to 2031-32
BACKGROUND
Our Planning Framework 8
Consultation and Engagement 8
Vision, Mission and Core Values 9
Context and Key Statistics 9
Our Core Services, Processes and Service Delivery 10
Strategic Planning Relationship 10
Table of Contents
WORKFORCE PLAN
Workforce Plan Strategies 47
Corporate Structure 48
Purpose of the Plan 3
Executive Summary 3
Key Projects 4
FINANCIAL OVERVIEW
Financial and Budget Type Summary 12
Key Assumptions, Sustainability Measures and Financial Indicators 14
Statutory Statements 24
Base Operating 31
Reserves 33
ASSET MANAGEMENT PLAN
Asset Management Plan Assumptions and Ratios 49
Asset Management Plan comparison to Integrated Financial Plan 52
Capital Expenditure by Asset Class 57
SCENARIO MODELLING and SENSITIVITY ANALYSIS
Scenario Models 42
Scenario Graphs and Analysis 43
RISK MANAGEMENT PLAN
Risk Management Overview 40
Risk Consequences Likelihood Matrix 41
Glossary of Terms 89
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Integrated Financial Plan 2017-18 to 2031-32
Purpose of the Plan
The City of Bunbury's Integrated Financial Plan is aligned to our Strategic Community Plan and details
what the Council proposes to do over the next fifteen (15) years to ensure the City's financial viability.
Information contained in our Asset Management Plan and Workforce Plan has informed the
Integrated Financial Plan, which will form the basis for the preparation of our Annual Budget.
The Integrated Financial Plan is a dynamic document that analyses financial trends over a fifteen (15)
year period, based on a range of decisions and assumptions which provide the City with information
to assess resourcing requirements to achieve its strategic objectives and ensure its future financial
viability.
The Integrated Financial Plan covers the period 2017-18 to 2031-32. The plan is based on a high level
of detail in the first four (4) years underpinned by a number of assumptions and resolutions of Council.
The remaining years are shown with indicative forecasts.
It is important to note that the Integrated Financial Plan will be reviewed on an annual basis, in line
with the budget process, for each ensuing financial year. This will ensure that the projects included
reflect current Council priorities and anticipated funding availability.
Gary Brennan
Mayor
Andrew Brien
Chief Executive Officer
Executive Summary
The Integrated Financial Plan (IFP) provides the Bunbury community a plan to deliver the vision, goals and
objectives of the Strategic Community Plan. It incorporates the requirements of the ‘Integrated Planning
and Reporting Framework’ for local governments to have a Corporate Business Plan for the next four years
and also a long term financial plan which covers the next fifteen years.
The IFP demonstrates Council’s financial capacity to deliver services, provide facilities and manage assets
that will sustain the Bunbury community into the future.
Due to the comprehensive information provided, the IFP is divided into three sections. Part A provides a
summary of the key elements of the IFP including financial analysis and an overview of both the City’s
Work Force Plan and Asset Management Plan. Part B highlights the first four years (2017/18 to 2020/21)
under the Corporate Business Plan detailing core operations, and operating and capital projects in relation
to Council’s goals and objectives. Part C details the fifteen year long term financial plan (2017/18 to
2031/32).
Key projects contained within the fifteen years of the IFP, shown on pages 4, 5 and 6, include:
· Renewal of infrastructure assets including: roads, paths and drainage
· Renewal or refurbish of community, sport and leisure buildings
· New multi-sports pavilions
· Construction of a new depot
· Construction of a multi-purpose cultural centre
· Construction of a Lotteries House
· Design and implementation of Leschenault Inlet Master Plan Precinct 3 - City Square
Based on previous Council resolutions and agreed key assumptions, the IFP is fully funded. The City’s own
source of funds includes rates, fees and charges and reserve funds. It is also is dependent on external
sources of funds including State Government and Federal Government Grants, contributions and loan
borrowings.
Key financial assumptions underpinning the IFP, shown on page 14, include:
· Existing service levels will be reviewed with a view to improve in the long term
· Rate increases are limited to 4.5% each year. This comprises a 3.5% general rate increase and an
additional 1% raised specifically for the development of infrastructure for the next 4 years.
· New loan borrowings of $3M in 2017-18 and $1M in both 2018-19 and 2019-20 are required. Total loan borrowing will peak at $17.1M in 2017-18 and reduce to nil by 2029-30. No other loan funds are proposed at this stage.
· Annual operating deficit forecast of $5.0M in 2016-17 will reduce to $0.4M in 2022-23. From 2023
-24 the City has an operating surplus.
Capital expenditure included in the IFP is guided by the Asset Management Plan’s focus on asset renewal
to maintain the community assets to an acceptable condition. While the funding gap between what needs
to be spent on asset renewal, and the funding capacity of the City, is not able to be addressed
immediately, the funding gap does reduce over the life of the IFP. The commitment to reduce the asset
renewal gap is demonstrated by allocating $164M (72%) of the $228M total capital expenditure to capital
renewal.
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Integrated Financial Plan 2017-18 to 2031-32
Key Projects
The following key projects are projected to be delivered through to 2031/32:
Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast
2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
Forecast
Capital - Renewal
PR-3665 Koombana Bridge (Bridge 1319) general maintenance
400,000
PR-3694 Renew Parade Road
105,000 120,000 135,000
PR-4015 Improve City's Landscaping, Parks, Gardens and Entry Statements
325,000 325,000 325,000 325,000 325,000
PR-1225 Reconstruct roundabout Strickland Street / King Road, East Bunbury
350,000
PR-1301 Replace playground equipment 2017/18
138,500
PR-4053 Renew pump station, Stubbs Close
750,000
PR-2385 Renew foreshore marine walls - Leschenault Inlet
800,000 800,000 800,000
PR-1385 Replace volunteer/staff facilities, animal hospital, toilets, feed store and preparation area at Bunbury Wildlife Park
214,000
PR-1184 Reseal Spencer Street, South Bunbury (Beach Road to Clarke Street)
180,000
PR-4273 Re-construct pavement Halifax Drive (Monkhouse Street to Shanahan Road), Bunbury
280,000
PR-3748 Ocean Beach Sewerage Pit and Pumps
110,000
PR-3999 Renew South West Sports Centre (SWSC) aquatic tiling
600,000
PR-1111 Reseal Picton Road, East Bunbury
300,000
PR-1204 Reconstruct section and improve drainage Columba St, South Bunbury
200,000
PR-3684 Reseal Acacia St, Pickersgill St, Simpson Ave, Sherry St, Swansen Pl and Macnish Cl
514,000
PR-1112 Reseal and repair pavement Sandridge Road, East Bunbury (King Rd to Eelup RAB)
300,000 300,000
PR-4051 Renew pavement and drainage, and re-seal Victoria Street
1,000,000
PR-3983 IFP - Renewal Roads as per AMP
1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
PR-1122 IFP - Reseal roads projects (yet to be determined) for Roads to Recovery
408,000 408,000 408,000 408,000 408,000 408,000 408,000 408,000 408,000 408,000 408,000
PR-2403 Replace Forrest Park Pavilion
1,000,000
PR-2402 Replace or refurbish Eastman Pavilion at Recreation Ground Bunbury
625,000
PR-4001 Renew Ned Myles Pavilion, Hay Park
300,000
PR-3450 Refurbishment / replacement of seating at the Bunbury Regional Entertainment Centre
300,000
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Integrated Financial Plan 2017-18 to 2031-32
Key Projects
The following key projects are projected to be delivered through to 2031/32:
Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast
2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
Forecast
Capital - Renewal
PR-2408 Replace athletics track surface
1,000,000
PR-4000 Renew Kit Keddie Pavilion, Hay Park
500,000
Capital - Upgrade
PR-2421 Construct stormwater quality and capacity improvements - Horseshoe Catchment East Bunbury (Design PR-1931)
19,525 1,481,095
PR-4112 Upgrade facilities to meet the goal of becoming the Most Accessible Regional City in Australia by 2020
100,000 100,000 100,000
PR-1205 Upgrade intersection of Parade Rd and Knight St, South Bunbury to a roundabout
450,000
PR-2634 Implement Big Swamp Masterplan
200,000 100,000
PR-4027 Upgrade Hay Park North Sewerage Infrastructure - Stage 2
120,000
PR-3901 Improve Parade Road bus stop
204,000
PR-1103 Realign and widen Ocean Drive, South Bunbury (Hastie St to Hudson Rd)
750,000 750,000 750,000 750,000
PR-3404 Refurbish community buildings
235,000 250,000
PR-1109 Upgrade street lighting on Sandridge Road, East Bunbury (Picton/King to Blair)
210,000
PR-3449 Construct Forrest Avenue and Blair Street intersection slip lane
750,000
PR-1207 Improve intersection capacity and layout, Scott St / Ocean Dve, Bunbury
300,000 300,000
PR-1188 Reconstruct, widen and improve drainage on Estuary Drive, Pelican Point (St Andrews to Railway crossing)
750,000 750,000
PR-4029 Upgrade lighting to Hay Park South, Soccer Premier Pitch
200,000
PR-1229 Install 4-way traffic control system at Blair St and Strickland St intersection
60,000 300,000
PR-1201 Modify intersection geometry and install traffic control signals at South West Highway / Dodson Road
750,000 750,000
PR-3998 Renew South West Sports Centre (SWSC) aquatic changeroom amenities
300,000
PR-1106 Upgrade street lighting on Blair Street, Carey Park (Clarke St to Forrest Ave)
150,000
PR-1222 Construct roundabout for intersection of Vittoria Road and Woodley Road, Glen Iris (Design PR-1221)
300,000 300,000
PR-2371 Modify intersection Haley Street, Prinsep Street and Carmody Street, Bunbury (Design PR-1091)
600,000 600,000
PR-3984 IFP - Upgrade Roads as per AMP
300,000 800,000 800,000 800,000 800,000 800,000 800,000 800,000 800,000 1,550,000
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Integrated Financial Plan 2017-18 to 2031-32
Key Projects
The following key projects are projected to be delivered through to 2031/32:
Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast
2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
Forecast
Capital - Upgrade
PR-3670 Upgrade Spencer Street, Stirling Street & Arthur Street (dedicated turning lanes)
450,000 750,000
PR-1261 Upgrade streetscape Victoria Street (Carey Street to Wollaston)
550,000
PR-1263 Upgrade paving Stephen St (Victoria St to Arthur St)
250,000
PR-1187 Widen and improve alignment of Adam Road, South Bunbury
400,000
PR-1895 Construct roundabout Vittoria Road and Erica Entrance, Glen Iris (Design PR-1234)
600,000
PR-3664 Upgrade and widen King Road (Stage 1 - Strickland St to Herbert Rd, Stage 2 - Herbert Rd to Austral Pde)
450,000 550,000
PR-3720 Hands Memorial Oval Master Plan Stage 2
500,000 500,000 500,000
Capital - New (Expansion)
PR-3887 Construct Community Fishing & Crabbing Platform Jetty Road Koombana Bay
208,000
PR-4145 Expand and upgrade Koombana Bay Foreshore
4,738,934 8,035,700
PR-1248 Construct new depot building to replace existing depot (Design PR-1246)
2,000,000 3,000,000
PR-4272 Culvert and Backfill 5 Mile Brook, Hay Park Community Hall
205,500
PR-1252 Redevelop Stirling Street Arts Centre
3,000,000 3,000,000
PR-1484 Expand cycleways 2017/18 to 2019/20 (implement Bunbury Bike Plan)
200,000 200,000 200,000
PR-3395 Provide lighting to Hay Park South, Rugby Premier Pitch
200,000
PR-2790 Undertake design and assessment for the implementation of Leschenault Inlet Master Plan (LIMP) Precinct 3 - City Square
250,000 10,980,196
PR-2392 Construct multisport pavilion, Hay Park (North)
2,000,000
PR-1809 Construct multisport netball and athletics pavilion - Hay Park (Central)
2,000,000
PR-1856 Install ablution facility (toilet block or Exeloo) in Elliot Street, Bunbury
300,000
PR-3455 Construct a Lotteries House
7,500,000
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Background
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Our Planning Framework
Council's strategic management planning documents include:
> Strategic Community Plan
> Integrated Financial Plan (incorporating the Corporate Business Plan and Long Term Financial Plan)
> Asset Management Plan
> Workforce Plan
The accompanying diagram depicts our strategic planning and performance management framework, and
describes the linkages between all relevant planning documents.
Consultation and Engagement
"Bunbury 2030 - Your City, Your Say" was part of a collaborative community engagement and planning initiative
that underpinned the development of our Strategic Community Plan, Corporate Business Plan, and Long Term
Financial Plan. This process has helped shape the future of Bunbury and surrounding communities as they
approach what is anticipated to be a continuing period of growth.
Residents of the City were asked to imagine what the places they live in could look like in the future and what
people want in their communities.
The Council conducted an extensive community engagement process and a series of workshops with the
outcomes of these workshops combined with previous planning studies forming the basis for the development of
strategic objectives and actions outlined in Councils strategic planning documents.
The region is poised for significant growth in the coming decades and the Council and its community partners are
committed to ensuring that consultation and engagement is a vibrant and successful process.
"Bunbury 2030 - Your City, Your Say" was about responding to growth opportunities in a positive manner and
connecting the region's proud past with its future.
Ongoing workshops will be undertaken during the life of our Strategic Community Plan to ensure continuing
input from all stakeholders.
"The future is not some place we are going to,
but one we are creating"- John H. Schaar
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Vision
Bunbury will continue to be recognised as the capital City of the South West region, with a strong and diverse
economy offering a safe, friendly and vibrant lifestyle within an attractive natural and built environment.
Mission
We will engage with the community to ensure we provide services and facilities that improve the quality of life of
our residents and visitors.
Core Values
We will act in accordance with the following values in all of our decisions and actions:
● Leadership - empowering people to take responsibility for what they do and to strive to set an
example for others to follow
● Integrity - establishing trust through openness and honesty
● Accountability - for our actions and performance
● Respect - for others by listening, understanding and responding appropriately
● Innovation - continually improving our services and processes through creative and
progressive thinking and action
● Teamwork - communicating and working cooperatively for the mutual benefit of all
Context and Key Statistics
The City of Bunbury is located in the South West of Western Australia about 180 kilometres south of Perth.
It is one of the fastest-growing regional cities in Australia and has been dubbed the second capital city of
Western Australia by successive State Premiers.
Bunbury’s population is estimated at almost 32,000, and this continues to grow steadily at an annual rate of
2%. The Bunbury Geographe region includes the City of Bunbury and Shires of Harvey, Dardanup, Capel,
Collie and Donnybrook-Balingup and has a population of approximately 96,000 residents. The South West
region, to which Bunbury acts as a hub, has a total population of 130,000.
Whilst the influx of population into the South West region presents new opportunities for development, it
also creates an increasingly competitive land market. This sees community expectations raised and further
demands placed on infrastructure and service provision.
The City is proactively pursuing strategies which strengthen its role and identity as a regional capital and
enhance its image and linkages within national and international arenas.
The quality of life in Bunbury is by far one of its biggest attractions, offering residents a variety of facilities,
schools, shops, pubs and beaches, which are all within easy reach.
The City of Bunbury will continue to develop, grow and improve thanks to these qualities and the massive
potential for investment and growth in our region.
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Service Delivery
It is proposed that existing service levels will be reviewed for all operational activities in the short term, however
the strategic objectives contained in our Strategic Community Plan aspire to setting appropriate levels of service
in the longer term whilst moving toward achieving annual operating surpluses each year to fund the provision of
new and replacement infrastructure.
Service levels will be reviewed on an ongoing basis and the impact of ongoing growth will be monitored and
assessed.
Strategic Planning relationship with the Integrated Financial Plan
The City of Bunbury has prepared its Strategic Community Plan and Integrated Financial Plan using the following
five goals:
Community and CultureEnhancing community well-being and quality of life for the people who live and work in Bunbury.
Transport and InfrastructurePlan and facilitate effective and efficient infrastructure and transport networks to meet the current and
future needs of our community.
Natural and Built EnvironmentGuide development and land use to ensure that future generations enjoy a sustainable city and a genuinely
desirable lifestyle.
Regional EconomyThe key elements that will ensure the future sustainability of Bunbury are a strong economic base that
reflects competitive advantages and key emerging and developing industry sectors. Economic growth will
be achieved through realising opportunities and actively promoting what the City has to offer.
CorporatePlanning and delivering on our Vision is a shared responsibility that will be achieved through the
development of relationships and partnerships with all stakeholders.
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Financial Overview
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ForecastForecastForecastForecastForecastForecastDraft Budget ForecastForecast
2024-252023-242022-232021-222020-212019-202018-192016-17 2017-18
ForecastFinancial Summary
Forecast Forecast Forecast Forecast ForecastForecast
2026-27 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
Revenue
35,651,231 37,268,319 38,263,164 39,204,238 40,169,803 40,725,632 41,253,842 41,789,751 42,333,487 43,385,698Rates 42,855,988 43,922,726 44,467,190 45,019,202 45,578,881 46,146,347
14,133,726 14,153,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202Fees and Charges 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202
2,315,469 2,168,473 2,095,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473Grants and Subsidies - Operating 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473
1,167,059 704,907 691,459 686,016 730,916 675,601 670,060 664,285 654,268 626,779Contributions, Reimbursements and Donations 627,349 627,687 628,943 630,212 631,494 632,790
1,058,718 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421Interest Received 782,421 782,421 782,421 782,421 782,421 782,421
374,735 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671Other Revenue 356,671 356,671 356,671 356,671 356,671 356,671
54,700,938 55,433,993 56,336,390 57,177,021 58,187,486 58,688,000 59,210,669 59,740,803 60,274,522 61,299,24460,770,104 61,837,180 62,382,900 62,936,181 63,497,142 64,065,904
Less Expenditure
)(25,087,053 )(25,654,391 )(25,712,372 )(25,719,372 )(25,712,372 )(25,722,372 )(25,712,372 )(25,712,895 )(25,712,372 )(25,712,372Employee Costs )(25,722,372 )(25,722,372 )(25,712,372 )(25,722,372 )(25,712,372 )(25,722,372
)(14,905,674 )(14,982,680 )(14,664,610 )(15,148,174 )(14,779,022 )(14,724,878 )(15,079,039 )(14,789,296 )(14,825,671 )(14,753,111Materials and Contracts )(15,457,421 )(14,977,431 )(15,413,961 )(15,101,151 )(15,367,941 )(15,785,731
)(747,420 )(766,108 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023Insurance )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023
)(812,278 )(806,812 )(826,715 )(750,990 )(680,310 )(573,415 )(392,905 )(345,067 )(248,046 )(118,230Interest Expense )(174,274 )(66,699 )(26,890 )(4,199
)(2,940,482 )(2,927,284 )(2,957,447 )(2,981,127 )(3,005,120 )(3,029,432 )(3,054,072 )(3,079,045 )(3,104,356 )(3,156,020Utilities )(3,130,010 )(3,182,383 )(3,209,104 )(3,236,194 )(3,263,654 )(3,291,499
)(3,582,123 )(2,223,843 )(2,001,876 )(1,970,301 )(1,868,725 )(1,837,149 )(1,792,573 )(1,760,997 )(1,719,601 )(1,682,843Other Expense )(1,687,843 )(1,687,843 )(1,682,843 )(1,687,843 )(1,682,843 )(1,682,843
)(48,075,030 )(47,361,118 )(46,931,043 )(47,337,987 )(46,813,572 )(46,655,269 )(46,798,984 )(46,455,323 )(46,378,069 )(46,190,599)(46,939,943 )(46,404,751 )(46,813,193 )(46,519,782 )(46,794,833 )(47,250,468
Net Revenue (Expenditure) 6,625,908 8,072,875 9,405,347 9,839,034 11,373,914 12,032,731 12,411,685 13,285,480 13,896,453 13,830,161 15,108,645 15,432,429 15,569,707 16,416,399 16,702,309 16,815,436
Capital Revenue
138,934Interest Received on Capital Grants
925,835 304,443 519,446 528,138 419,911 383,993 207,321 532,446 511,240 250,050Proceeds on Disposal of Assets 477,411 235,323 546,446 518,738 391,111 562,077
10,258,909 11,582,770 )(396,163 )(2,292,300 )(2,579,598 )(885,567 )(1,336,827 )(1,567,546 )(2,770,365 )(2,297,066Transfers from Restricted Cash )(1,538,743 )(1,510,025 )(1,461,486 )(2,365,274 )(1,557,615 )(3,113,831
192,261 197,691 149,261 144,179 149,418 154,848 160,476 166,310 172,357 9,499Loan Repayments - Self Supporting 47,774
11,603,582 4,918,100 4,596,333 3,747,333 13,844,862 3,332,666 1,743,333 918,000 418,000 618,000Grants and Contributions - Development of Assets 1,158,000 418,000 1,018,000 928,000 4,568,000 7,918,000
2,305,520 3,000,000 1,000,000 1,000,000Proceeds from New Loans
25,425,041 20,003,004 5,868,877 3,127,350 11,834,593 2,985,940 774,303 49,210 )(1,668,768 )(1,419,517144,442 )(856,702 102,960 )(918,536 3,401,496 5,366,246
Capital Expenditure
)(31,614,386 )(26,149,040 )(13,069,289 )(10,673,844 )(20,996,262 )(12,750,375 )(10,938,374 )(11,240,829 )(10,512,384 )(12,580,471Acquisition and Renewal of Assets )(13,065,485 )(13,870,264 )(15,204,226 )(15,522,386 )(20,134,961 )(22,119,733
)(2,230,770 )(2,300,521 )(2,416,920 )(2,334,721 )(2,226,305 )(2,318,814 )(2,415,638 )(2,144,825 )(1,658,449 )(1,073,015Principal Repayment of Loans )(1,103,373 )(827,371 )(496,551 )(118,740
)(33,845,156 )(28,449,561 )(15,486,209 )(13,008,565 )(23,222,567 )(15,069,189 )(13,354,012 )(13,385,654 )(12,170,833 )(13,653,486)(14,168,858 )(14,697,635 )(15,700,777 )(15,641,126 )(20,134,961 )(22,119,733
Movement in Non-Current Assets and Liabilities
62,100 62,100 62,100 62,100 62,100 62,100 62,100 62,100 62,100 62,100Adjust Non Current Provisions and Accruals 62,100 62,100 62,100 62,100 62,100 62,100
62,100 62,100 62,100 62,100 62,100 62,100 62,100 62,100 62,100 62,10062,100 62,100 62,100 62,100 62,100 62,100
ADD
Estimated Surplus (Deficit) July 1 Brought Forward
Estimated Surplus (Deficit) June 30 Carried Forward
LESS
2,321,428 589,321
277,739
277,739
127,854
127,854
147,773 195,813 207,395 101,471 112,607 231,559 99,404 197,146 137,338 171,328 121,10990,165 245,158
147,773 195,813 207,395 101,471 112,607 231,559 99,404 197,146 137,338 171,328 90,165 121,109
589,321
35,651,231 37,268,319 39,204,238 40,169,803 40,725,632 41,253,842 41,789,751 42,333,48738,263,164Amount required to be raised from rates 42,855,988 43,385,698 43,922,726 44,467,190 45,019,202 45,578,881 46,146,347
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2016-17Budget Type Summary
2017-18 2018-19 2019-20 2020-21
Draft Budget Forecast Forecast ForecastForecast ForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecast
2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
Base Operating
54,079,963 55,221,993 56,208,390 57,144,021 58,655,000Income 64,032,90463,464,14262,903,18162,349,90061,804,18061,266,24460,737,10460,241,52259,707,80359,177,66958,104,486
)(54,491,072 )(56,557,671 )(57,254,296 )(57,341,290 )(58,027,824Expenditure )(61,564,282)(61,046,849)(59,761,231)(59,672,040)(59,364,519)(59,103,217)(58,893,284)(58,546,893)(58,307,326)(58,064,999)(57,799,540
)(411,109 )(1,335,678 )(1,045,906 )(197,269 627,176 2,468,6222,417,2933,141,9502,677,8602,439,6612,163,0271,843,8201,694,6291,400,4771,112,670304,946
Operating Projects
620,975 212,000 128,000 33,000 33,000Income 33,00033,00033,00033,00033,00033,00033,00033,00033,00033,00083,000
)(4,720,702 )(2,504,993 )(1,730,115 )(2,153,696 )(1,332,314Expenditure )(1,588,118)(1,175,118)(1,175,118)(1,496,118)(1,157,118)(943,118)(1,693,118)(1,161,876)(1,209,272)(1,545,528)(1,444,105
)(4,099,727 )(2,292,993 )(1,602,115 )(2,120,696 )(1,299,314 )(1,555,118)(1,142,118)(1,142,118)(1,463,118)(1,124,118)(910,118)(1,660,118)(1,128,876)(1,176,272)(1,512,528)(1,361,105
Capital Projects - Income
12,648,351 5,222,543 5,115,779 4,275,471 3,716,659Income 8,480,0774,959,1111,446,7381,564,446653,323868,0501,635,411929,2401,450,4461,950,65414,264,773
20,000Expenditure
12,668,351 5,222,543 5,115,779 4,275,471 3,716,659 8,480,0774,959,1111,446,7381,564,446653,323868,0501,635,411929,2401,450,4461,950,65414,264,773
Capital Projects - New
)(20,480,012 )(15,609,800 )(4,194,906 )(1,208,000 )(608,000Expenditure )(7,925,000)(8,075,000)(455,000)(2,475,000)(425,000)(575,000)(2,425,000)(639,295)(670,000)(668,000)(11,588,196
)(20,480,012 )(15,609,800 )(4,194,906 )(1,208,000 )(608,000 )(7,925,000)(8,075,000)(455,000)(2,475,000)(425,000)(575,000)(2,425,000)(639,295)(670,000)(668,000)(11,588,196
Capital Projects - Renewal
)(4,812,941 )(6,562,345 )(7,069,383 )(5,288,844 )(8,572,375Expenditure )(12,504,733)(10,369,961)(13,377,386)(11,249,226)(11,250,264)(9,665,471)(9,540,485)(8,047,089)(8,416,329)(7,033,574)(5,868,066
)(4,812,941 )(6,562,345 )(7,069,383 )(5,288,844 )(8,572,375 )(12,504,733)(10,369,961)(13,377,386)(11,249,226)(11,250,264)(9,665,471)(9,540,485)(8,047,089)(8,416,329)(7,033,574)(5,868,066
Capital Projects - Upgrade
)(6,321,433 )(3,976,895 )(1,805,000 )(4,177,000 )(3,570,000Expenditure )(1,690,000)(1,690,000)(1,690,000)(1,480,000)(2,195,000)(2,340,000)(1,100,000)(1,826,000)(2,154,500)(3,236,800)(3,540,000
)(6,321,433 )(3,976,895 )(1,805,000 )(4,177,000 )(3,570,000 )(1,690,000)(1,690,000)(1,690,000)(1,480,000)(2,195,000)(2,340,000)(1,100,000)(1,826,000)(2,154,500)(3,236,800)(3,540,000
Capital Projects - Asset Disposal
)(898,964Expenditure
)(898,964
Total )(24,355,835 )(24,555,168 )(10,601,531 )(8,716,338 )(9,705,854 )(12,726,152)(13,900,675)(12,075,816)(12,425,038)(11,901,398)(10,459,512)(11,246,372)(9,017,391)(9,566,178)(9,387,578)(7,787,648
Summary
Operating
Income
Expenditure
Operating Surplus (Deficit)
Capital
Income
Expenditure
Capital Surplus (Deficit)
54,700,938
)(59,211,774
)(4,510,836
)(59,062,664
55,433,993
12,648,351
)(3,628,671
)(32,513,350 )(26,149,040
5,222,543
56,336,390 57,177,021
)(58,984,411 )(59,494,986
)(2,648,021 )(2,317,965
5,115,779 4,275,471
)(13,069,289 )(10,673,844
)(19,844,999 )(7,953,510)(20,926,497 )(6,398,373
58,688,000
)(59,243,645
)(1,056,159
14,264,773
)(20,996,262
)(6,731,489
)(12,750,375 )(10,938,374 )(11,240,829 )(10,512,384 )(13,065,485 )(12,580,471 )(13,870,264 )(15,204,226 )(15,522,386 )(20,134,961 )(22,119,733
3,716,659 1,950,654 1,450,446 929,240 1,635,411 868,050 653,323 1,564,446 1,446,738 4,959,111 8,480,077
)(9,033,716 )(8,987,720 )(9,790,383 )(9,583,144 )(11,430,074 )(11,712,421 )(13,216,941 )(13,639,780 )(14,075,648 )(15,175,850 )(13,639,656
58,688,000 59,210,669 59,740,803 60,274,522 60,770,104 61,299,244 61,837,180 62,382,900 62,936,181 63,497,142 64,065,904
)(59,360,138 )(59,610,527 )(59,516,598 )(59,708,769 )(60,586,402 )(60,046,335 )(60,521,637 )(61,168,158 )(60,936,349 )(62,221,967 )(63,152,400
)(672,138 )(399,858 224,205 565,753 183,702 1,252,909 1,315,543 1,214,742 1,999,832 1,275,175 913,504
Page 13 of 90
Integrated Financial Plan 2017-18 to 2031-32
Key Assumptions Underpinning the Integrated Financial Plan (IFP)
The forecasts contained in the Integrated Financial Plan are based on a number of assumptions and strategies including those adopted in the previous IFP and are used to effectively forecast the long term planning requirements of Council. These
assumptions and strategies are based on current economic conditions and should economic conditions alter, these assumptions and strategies will be reviewed as part of the annual budget process to take into account community affordability. It is
recognised that community affordability will fluctuate over time and it will be necessary to review these assumptions and strategies on an annual basis. The key assumptions and strategies are:
Income
• Annual general rate revenue (exclusive of natural growth) has been projected to increase by 3.5% for the life of the plan.
• An additional 1.0% rate increase will be raised in 2017-18, and for the next 3 years, to be used specifically for infrastructure development. This strategy commenced in 2016/17 and the funds will be held in the Infrastructure Development
Reserve until required. (Note: the additional 1% for infrastructure development may be suspended pending community affordability).
• In 2017-18, approximately $725,000 additional rates will be raised to fund infrastructure development projects. By the end of 2020-21, an additional $1.9M p.a. will be available for infrastructure development and will continue in each
subsequent year.
• The rate base will increase by an average of 0.3% per annum through anticipated growth in new development based on current development projections.
• Fees and charges will increase, on average, by 1.5% (Note: some charges are regulatory and not controlled by Council).
• Waste charges will be raised under the provisions of the WARR Act for residential and non-residential waste services. Any operating surplus from residential waste services is transferred to the Waste Minimisation and Recycling Reserve,
while surplus from non-residential waste services will be used for infrastructure development.
• Annual waste collection charges for refuse, recycling or organic bins to increase by CPI i.e. 1.75% in 2017-18.
• Interest rates for invested funds will be 2.5% per annum over the life of the plan.
• No increase in general purpose grants.
Expenditure
• No additional staff are proposed for the next fifteen (15) years and any growth in services will be covered through the use of flexible staffing models, improved efficiencies or through the use of external service providers.
• Staff costs will increase by approximately 2.5% in nominal terms per annum.
• Interest rates for new borrowings will be 4.0% per annum over the life of the plan, inclusive of the Government Guarantee Fee.
• Material and Contracts operating expenditure will increase by 1.75% p.a. where unavoidable.
• Utility expenses will increase, with electricity costs increasing by 3.0% p.a., water rates and consumption by 4.5%, and gas charges by 1.75%.
• Insurance costs will increase by 2.5% p.a.
• Depreciation is based on current depreciation rates and asset condition ratings. However a current review of these depreciation rates and condition ratings may have a significant impact on future year depreciation expenses.
• The impact of new and upgrade capital projects on operating expenditure (i.e. increased: maintenance, repairs, insurance, utilities etc.) of 2.0% (increasing to 3% from 2021-22) of capital expenditure and has been included in the IFP to
recognise whole-of-life costs.
Other
• Base operating forecasts for the 2016-17 financial year have been used as the starting point for preparation of the plan. All future years are presented in 2017-18 values.
• Existing service levels will be reviewed with a view to improve services in the long-term.
• Annual operating deficit forecast of $3.5M in 2017-18 will reduce to $0.4M in 2022-23. From 2023-24 the City will have an operating surplus.
• CPI of 1.75% has been used for 2017-18, 2.25% for 2018-19 and 2.50% for all future years (Note: CPI is based on the forecasts contained in the 2016-17 WA State Government Budget).
• Cash reserves will increase from $12.1M in 2016-17 to $34.4M in 2031-32.
• New loan borrowings of $3M in 2017-18 and $1M in both 2018-19 and 2019-20 are included in the IFP. No other loan funds are proposed at this stage.
• Debt levels will peak in 2017-18 at $17.1M and reduce to nil by 2029-30.
• Proceeds from land sales (excluding joint venture land) will be either transferred to a Cash-Backed Reserve Fund for future capital work projects or used for debt reduction.
• Rationalise where practical, and subject to community consultation, the current assets deemed no longer required over time. The intention is to remove assets to reduce maintenance and replacement costs.
Measuring Sustainability
Several statutory financial indicators have been prescribed in the Local Government (Financial Management) Regulations 2011 to measure the financial sustainability of local governments.
The Integrated Financial Plan has been assessed against the following measures:
Statutory Financial Indicators Ratio Standards as determined Other Financial Indicators
by Local Government
* Annual Operating Surplus (Deficit) $000's
* Current Ratio Greater than 1.00 * Loan Liability
* Asset Sustainability Ratio Greater than 0.90 * Annual Capital Expenditure
* Debt Service Cover Ratio Greater than 2.00 * Cash and Cash Equivalents
* Operating Surplus Ratio Greater than 0.01 * Asset Consumption Ratio
* Own Source Revenue Coverage Ratio Greater than 0.90 * Asset Renewal Ratio
Page 14 of 90
Integrated Financial Plan 2017-18 to 2031-32
Definition
Operating revenue minus operating expense, divided by own source operating
revenue.
Interpretation
15% or greater indicates the Council is achieving a strong operating surplus
which will enable future improvements in service delivery and support asset
management.
Lower than 0% indicates the Council is generating insufficient revenue to sustain
existing levels of service and adequately maintain its assets.
Comment
A positive trend is achieved, but due to an operating deficit in the first six (6)
years of the IFP, it is not until 2023-24 that a basic standard result is realised.
Definition
Own source operating revenue divided by operating expense.
Interpretation
Measures Council's ability to cover operating expenses from own source
revenue; the higher the ratio, the more self-reliant the Council is.
90% or greater represents low risk
60% or lower represents high risk
Comment
The City is in a strong position with its own source revenue and achieves an
advanced ratio (ie: low risk) result over the IFP.
Page 15 of 90
Integrated Financial Plan 2017-18 to 2031-32
Definition
Annual operating surplus (before interest and depreciation) divided by principal
and interest.
Interpretation
This ratio measures a Council's ability to service debt.
500% or greater represents low risk
200% or lower represents high risk
Council's Integrated Financial Plan forecasts total loan borrowings to reduce to
nil by 2029-30.
Comment
As the City reduces its debt, the ratio continues to improve from a basic
standard to an advanced standard. By 2029-30 the City has no debt.
Definition
Current assets minus restricted assets, divided by, current liabilities minus
liabilities associated with restricted assets.
Interpretation
A ratio of greater than 1.0 means that a local government has sufficient assets
that can be converted into cash to meet its immediate cash commitments.
Comment
The current ratio improves over the IFP and meets the basic standard until an
advanced standard is achieved in 2024-25. The Actual result includes cash
carried forward for uncompleted projects, budgeted in the next financial year,
which improves the current ratio.
Page 16 of 90
Integrated Financial Plan 2017-18 to 2031-32
Definition
Depreciated replacement cost of assets divided by current replacement cost of
depreciable assets.
Interpretation
Measures the extent to which depreciable assets have been consumed by
comparing their written down value to their replacement cost.
60% or greater indicates the Council is investing in asset renewal.
50% or less indicates the Council is having difficulty undertaking a sustained
capital renewal program.
Comment
Assets are maintained at an advanced standard over the life of the IFP.
Definition
Capital renewal and replacement expenditure divided by depreciation expense.
Interpretation
Measures the extent to which assets are being renewed or replaced compared
to the amount consumed (depreciation).
110% or greater indicates that the Council is investing in asset renewal to the
degree that offsets the current consumption of its assets.
90% or less indicates that the Council is failing to allocate sufficient funds for
asset renewal.
Comment
The ratio indicates that the City needs to allocate more capital expenditure on
asset renewal. This trend is supported by the Asset Management Plan Funding
Gap shown on pages 52 - 56.
Page 17 of 90
Integrated Financial Plan 2017-18 to 2031-32
Definition
Net present value (NPV) of planned capital works over ten (10) years, divided by
net present value (NPV) of required capital renewals over ten (10) years.
Interpretation
Measures the extent to which assets are being renewed compared to the
amount consumed (depreciation).
95% or greater indicates that the Council is investing in asset renewal to the
degree that offsets the current consumption of its assets.
75% or less indicates that the Council is failing to allocate sufficient funds to
asset renewal.
Comment
The amount of asset renewal (as a 10 year average) continues to improve over
the IFP. Due to the ratio being based on a 10 year average the ratio can only be
calculated to 2022-23.
Operating surplus (deficit) measures the financial sustainability of the Council
and is determined by operating revenue less operating expenditure (excludes
non-operating income and expenditure such as capital grants and
contributions).
A surplus indicates that Council has sufficient funds to meet its asset
management obligations and has the capacity to repay loan borrowings without
impacting its long term financial stability.
A deficit indicates that the Council is generating insufficient funds for asset
renewal and the repayment of its debt obligations.
Comment
The operating result continues to improve over the life of the IFP and achieves
an operating surplus in 2023-24.
Page 18 of 90
Integrated Financial Plan 2017-18 to 2031-32
Base operating income includes rate income, grants and subsidies,
contributions, reimbursements and donations, fees and charges, interest
received and other revenue.
Non-operating income is excluded from this total.
Comment
Annual operating income continues to increase over the IFP.
Annual operating expenditure includes employee costs, materials and contracts,
utilities, insurance, depreciation, interest on loan borrowings and other
expenses.
Comment
Operating expenditure increases only slightly over the IFP when CPI increases
are excluded. CPI is excluded to show only real increases in expenditure.
Page 19 of 90
Integrated Financial Plan 2017-18 to 2031-32
Annual expenses for materials and contracts.
Comment
Materials and contract expenditure varies only marginally over the IFP due to
one-off operating projects. CPI increases have been excluded.
Annual operating expenses for depreciation.
Comment
Depreciation continues to increase as new assets are completed as budgeted in
the IFP.
Page 20 of 90
Integrated Financial Plan 2017-18 to 2031-32
Operating expenditure employee costs excludes salaries and wages allocated to
capital works, but includes one-off operating project employee costs.
Comment
No additional staff are proposed for the next fifteen (15) years and any growth
in services will be covered through the use of flexible staffing models,
improved efficiencies or through the use of external service providers.
Staff costs will increase by approximately 2.50%, in nominal terms, per annum.
Therefore, assuming CPI of 1.75% for 2017-18, 2.25% for 2018-19 and 2.50% for
all future years, the increase in staff costs of 2.50% is offset by CPI increases as
the employee costs only show real increases excluding CPI.
Excluding CPI increases from 2017-18 results in a flat-line trend over the IFP.
Capital expenditure on capital new (expansion), capital renewal and capital
upgrade projects.
Comment
Capital expenditure varies from year to year and is subject to the availability of
grant funds.
Page 21 of 90
Integrated Financial Plan 2017-18 to 2031-32
Definition
General purpose commercial, industrial and residential rate revenue received.
Interpretation
A steady increase in this measure indicates strong economic growth and a
commitment to a sustainable Council.
Comment
Annual general rate revenue (exclusive of natural growth) has been projected to
increase by 3.5% for the life of the plan.
An additional 1.0% rate increase will be raised in 2017-18, and for the next 3
years, to be used specifically for infrastructure development. This strategy
commenced in 2016-17 and the funds will be held in the Infrastructure
Development Reserve until required.
In 2017-18, approximately $725,000 additional rates will be raised to fund
infrastructure development projects. By the end of 2020-21, an additional
$1.9M p.a. will be available for infrastructure development and will continue in
each subsequent year.
The rate base will increase by an average of 0.3% per annum through
anticipated growth in new development based on current projections.
Includes unrestricted and restricted cash balances.
Comment
Steady growth in cash is predicted over the IFP particularly for cash in Reserve
Funds which are held for specific purposes (refer pages 33 - 39.)
Page 22 of 90
Integrated Financial Plan 2017-18 to 2031-32
Total current and non-current liabilities, including self-supporting loans.
Comment
The IFP includes borrowing $3.0M in 2017-18 and $1.0M in both
2018-19 and 2019-20. No further loans are proposed at this stage.
The City is debt free by 2029-30.
Page 23 of 90
Integrated Financial Plan 2017-18 to 2031-32
Statement of
Comprehensive Income
Draft Budget Forecast Forecast Forecast Forecast Forecast Forecast Forecast ForecastForecast Forecast Forecast Forecast Forecast Forecast Forecast
2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
Operating Income
Rates
35,451,956Rates General Inc 37,050,004 38,060,839 38,981,309 39,940,255 40,522,246 41,083,141 41,616,134 42,156,901 42,705,568 43,232,782 43,767,269 44,309,146 44,858,526 45,415,525 45,980,262
43,869Rates Specified Area Inc 45,843 46,874 47,811 48,767 49,255 49,748 50,245 50,747 51,254 51,767 52,285 52,808 53,336 53,869 54,408
155,406Rates Interim Inc 172,472 155,451 175,118 180,781 154,131 120,953 123,372 125,839 99,166 101,149 103,172 105,236 107,340 109,487 111,677
35,651,231 37,268,319 38,263,164 39,204,238 40,169,803 40,725,632 41,253,842 41,789,751 42,333,487 42,855,988 43,385,698 43,922,726 44,467,190 45,019,202 45,578,881 46,146,347
Operating Grants and Subsidies
2,315,469Operating Grant Inc 2,168,473 2,095,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473
2,315,469 2,168,473 2,095,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473
Contributions, Reimbursements and Donations
309,749Contribution Inc 134,488 129,488 129,488 179,488 129,488 129,488 129,488 125,488 103,488 103,488 103,488 103,488 103,488 103,488 103,488
854,560Reimbursement Inc 567,669 559,221 553,778 548,678 543,363 537,822 532,047 526,030 521,111 520,541 521,449 522,705 523,974 525,256 526,552
2,750Donation Inc 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750
1,167,059 704,907 691,459 686,016 730,916 675,601 670,060 664,285 654,268 627,349 626,779 627,687 628,943 630,212 631,494 632,790
Fees and Charges
5,692,850Waste Collection Charge Inc 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997
1,694,773Parking Fee Inc 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712
897,773Property Lease and Rental Fee Inc 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504
48,875General Hire Fee Inc 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690
441,452Fine and Penalty Fee Inc 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393
458,237Building and Planning Fee Inc 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255
143,730Rating Fee Inc 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025
3,104,602Sports Facility Fee Inc 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077
1,651,434Miscellaneous Fee and Charge Inc 1,689,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549
14,133,726 14,153,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202
Interest Received
670,672Cash and Investment Interest Inc 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766
388,046Rates Debtor Interest Inc 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655
1,058,718 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421
Other Revenue
374,735Miscellaneous Inc 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671
374,735 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671
54,700,938Total Operating Income 55,433,993 56,336,390 57,177,021 58,187,486 58,688,000 59,210,669 59,740,803 60,274,522 60,770,104 61,299,244 61,837,180 62,382,900 62,936,181 63,497,142 64,065,904
Page 24 of 90
Integrated Financial Plan 2017-18 to 2031-32
Statement of
Comprehensive Income
Draft Budget Forecast Forecast Forecast Forecast Forecast Forecast Forecast ForecastForecast Forecast Forecast Forecast Forecast Forecast Forecast
2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
Operating Expenditure
Employee Costs
)(21,299,726Salary Exp )(21,824,163 )(21,872,565 )(21,879,565 )(21,872,565 )(21,882,565 )(21,872,565 )(21,873,088 )(21,872,565 )(21,882,565 )(21,872,565 )(21,882,565 )(21,872,565 )(21,882,565 )(21,872,565 )(21,882,565
)(512,107Salary Accruals Exp )(524,909 )(526,220 )(526,220 )(526,220 )(526,220 )(526,220 )(526,220 )(526,220 )(526,220 )(526,220 )(526,220 )(526,220 )(526,220 )(526,220 )(526,220
)(3,275,220Other Employee Related Exp )(3,305,319 )(3,313,587 )(3,313,587 )(3,313,587 )(3,313,587 )(3,313,587 )(3,313,587 )(3,313,587 )(3,313,587 )(3,313,587 )(3,313,587 )(3,313,587 )(3,313,587 )(3,313,587 )(3,313,587
)(25,087,053 )(25,654,391 )(25,712,372 )(25,719,372 )(25,712,372 )(25,722,372 )(25,712,372 )(25,712,895 )(25,712,372 )(25,722,372 )(25,712,372 )(25,722,372 )(25,712,372 )(25,722,372 )(25,712,372 )(25,722,372
Material and Contracts
)(3,183,466Material Exp )(3,475,055 )(3,705,366 )(3,733,774 )(3,978,637 )(4,013,708 )(4,048,579 )(4,074,516 )(4,105,891 )(4,184,641 )(4,215,331 )(4,240,651 )(4,323,181 )(4,346,371 )(4,598,161 )(4,612,951
)(520,380Fuel Exp )(666,514 )(666,514 )(666,514 )(666,514 )(666,514 )(666,514 )(666,514 )(666,514 )(666,514 )(666,514 )(666,514 )(666,514 )(666,514 )(666,514 )(666,514
)(66,620Contract Employment Exp )(66,620 )(66,620 )(66,620 )(66,620 )(66,620 )(66,620 )(66,620 )(66,620 )(66,620 )(66,620 )(66,620 )(66,620 )(66,620 )(66,620 )(66,620
)(1,741,088Consultants Exp )(1,268,957 )(1,045,957 )(1,445,957 )(1,062,957 )(700,957 )(1,130,957 )(768,957 )(793,957 )(1,312,957 )(701,957 )(700,957 )(1,240,957 )(808,957 )(843,957 )(1,212,957
)(7,974,839Contractors Exp )(8,037,970 )(7,712,589 )(7,767,745 )(7,548,730 )(7,821,515 )(7,710,805 )(7,757,125 )(7,737,125 )(7,771,125 )(7,647,125 )(7,847,125 )(7,661,125 )(7,757,125 )(7,737,125 )(7,771,125
)(1,002,422Software License or Maintenance Exp )(994,889 )(994,889 )(994,889 )(982,889 )(982,889 )(982,889 )(982,889 )(982,889 )(982,889 )(982,889 )(982,889 )(982,889 )(982,889 )(982,889 )(982,889
)(272,612Equipment Lease or Hire Exp )(331,397 )(331,397 )(331,397 )(331,397 )(331,397 )(331,397 )(331,397 )(331,397 )(331,397 )(331,397 )(331,397 )(331,397 )(331,397 )(331,397 )(331,397
)(144,247Bank Fee and Charges Exp )(141,278 )(141,278 )(141,278 )(141,278 )(141,278 )(141,278 )(141,278 )(141,278 )(141,278 )(141,278 )(141,278 )(141,278 )(141,278 )(141,278 )(141,278
)(14,905,674 )(14,982,680 )(14,664,610 )(15,148,174 )(14,779,022 )(14,724,878 )(15,079,039 )(14,789,296 )(14,825,671 )(15,457,421 )(14,753,111 )(14,977,431 )(15,413,961 )(15,101,151 )(15,367,941 )(15,785,731
Insurance
)(747,420Insurance Exp )(766,108 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023
)(747,420 )(766,108 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023
Interest Expense
)(806,403Interest Loan Borrowings Exp )(801,004 )(821,426 )(745,856 )(675,986 )(569,802 )(390,037 )(342,971 )(246,581 )(173,268 )(117,550 )(66,315 )(26,735 )(4,199
)(5,875Interest Accrual Exp )(5,808 )(5,289 )(5,134 )(4,324 )(3,613 )(2,868 )(2,096 )(1,465 )(1,006 )(680 )(384 )(155
)(812,278 )(806,812 )(826,715 )(750,990 )(680,310 )(573,415 )(392,905 )(345,067 )(248,046 )(174,274 )(118,230 )(66,699 )(26,890 )(4,199
Utilities
)(2,037,972Electricity Exp )(1,992,111 )(2,007,857 )(2,018,432 )(2,029,058 )(2,039,739 )(2,050,471 )(2,061,257 )(2,072,098 )(2,082,994 )(2,093,945 )(2,104,950 )(2,116,010 )(2,127,123 )(2,138,292 )(2,149,515
)(564,990Water Exp )(590,415 )(603,697 )(615,772 )(628,087 )(640,646 )(653,460 )(666,530 )(679,861 )(693,459 )(707,332 )(721,481 )(735,909 )(750,629 )(765,638 )(780,952
)(289,270Gas Exp )(294,335 )(294,335 )(294,335 )(294,335 )(294,335 )(294,335 )(294,335 )(294,335 )(294,335 )(294,335 )(294,335 )(294,335 )(294,335 )(294,335 )(294,335
)(48,250Sewerage Exp )(50,423 )(51,558 )(52,588 )(53,640 )(54,712 )(55,806 )(56,923 )(58,062 )(59,222 )(60,408 )(61,617 )(62,850 )(64,107 )(65,389 )(66,697
)(2,940,482 )(2,927,284 )(2,957,447 )(2,981,127 )(3,005,120 )(3,029,432 )(3,054,072 )(3,079,045 )(3,104,356 )(3,130,010 )(3,156,020 )(3,182,383 )(3,209,104 )(3,236,194 )(3,263,654 )(3,291,499
Depreciation
)(2,824,202Depreciation Building Exp )(2,914,535 )(2,965,236 )(2,971,628 )(2,974,732 )(2,982,053 )(2,988,481 )(2,997,948 )(3,005,269 )(3,045,123 )(3,063,885 )(3,083,362 )(3,130,723 )(3,170,649 )(3,196,560 )(3,335,442
Depreciation Civil Infrastructure Exp )(603,493 )(591,567 )(576,089 )(562,271 )(552,528 )(548,070 )(537,111 )(527,542 )(515,024 )(523,762 )(526,188 )(528,762 )(525,849 )(519,697 )(525,208
)(2,654,696Depreciation Roads Exp )(2,371,810 )(2,405,556 )(2,454,034 )(2,507,415 )(2,564,009 )(2,599,939 )(2,619,289 )(2,584,768 )(2,655,143 )(2,673,625 )(2,684,843 )(2,676,273 )(2,688,599 )(2,716,905 )(2,754,778
)(979,665Depreciation Pathways Exp )(885,138 )(889,825 )(819,905 )(821,131 )(797,970 )(805,501 )(807,508 )(798,750 )(828,497 )(839,774 )(857,663 )(864,794 )(864,342 )(882,351 )(899,117
)(1,139,294Depreciation Stormwater Exp )(1,036,207 )(1,040,184 )(1,039,902 )(1,045,020 )(1,046,314 )(1,049,719 )(1,054,947 )(1,151,660 )(1,068,454 )(1,080,040 )(1,090,228 )(1,053,910 )(925,882 )(936,133 )(945,008
)(438,519Depreciation Open Space Exp )(457,142 )(481,705 )(452,691 )(483,040 )(496,994 )(423,134 )(423,358 )(425,702 )(484,922 )(497,784 )(516,003 )(523,764 )(533,133 )(1,275,980 )(1,288,480
)(270,858Depreciation Marine Exp )(262,286 )(273,532 )(234,185 )(235,238 )(233,872 )(234,746 )(236,278 )(233,692 )(239,999 )(220,060 )(198,733 )(197,316 )(195,162 )(197,330 )(198,580
)(351,371Depreciation Other Infrastructure Exp )(439,269 )(451,484 )(456,524 )(464,379 )(461,312 )(468,546 )(470,687 )(463,698 )(451,453 )(457,037 )(476,464 )(471,432 )(454,781 )(466,842 )(479,345
)(1,162,865Depreciation Plant and Vehicle Exp )(1,312,534 )(1,495,914 )(1,647,452 )(1,793,051 )(1,970,885 )(2,056,646 )(2,234,013 )(2,376,133 )(2,548,038 )(2,650,505 )(2,774,421 )(2,958,102 )(3,070,867 )(3,192,521 )(3,399,041
)(974,932Depreciation Equipment Exp )(1,066,710 )(1,094,131 )(1,130,705 )(1,160,496 )(1,208,071 )(1,238,159 )(1,271,464 )(1,345,204 )(1,378,879 )(1,410,353 )(1,459,007 )(1,491,231 )(1,520,217 )(1,567,808 )(1,595,093
)(123,738Depreciation Furniture and Fittings Exp )(131,818 )(138,952 )(142,910 )(146,620 )(148,449 )(150,433 )(154,719 )(158,518 )(165,325 )(167,443 )(172,613 )(175,375 )(177,852 )(179,793 )(180,626
)(216,604Depreciation Other Asset Exp )(220,604 )(225,282 )(230,974 )(236,680 )(242,412 )(248,169 )(253,953 )(259,764 )(265,602 )(271,468 )(277,361 )(283,283 )(289,234 )(295,214 )(301,214
)(11,136,744 )(11,701,546 )(12,053,368 )(12,156,999 )(12,430,073 )(12,704,869 )(12,811,543 )(13,061,275 )(13,330,700 )(13,646,459 )(13,855,736 )(14,116,886 )(14,354,965 )(14,416,567 )(15,427,134 )(15,901,932
Other Expense
)(2,486,384Contrib, Donation and Sponsorship Exp )(1,185,371 )(968,404 )(931,829 )(835,253 )(798,677 )(762,101 )(725,525 )(689,129 )(652,371 )(652,371 )(652,371 )(652,371 )(652,371 )(652,371 )(652,371
)(514,320Elected Member Exp )(514,320 )(514,320 )(514,320 )(514,320 )(514,320 )(514,320 )(514,320 )(514,320 )(514,320 )(514,320 )(514,320 )(514,320 )(514,320 )(514,320 )(514,320
)(45,061Taxation and Levy Exp )(31,300 )(31,300 )(31,300 )(31,300 )(31,300 )(31,300 )(31,300 )(31,300 )(31,300 )(31,300 )(31,300 )(31,300 )(31,300 )(31,300 )(31,300
)(2,850Miscellaneous Non Cash Exp )(2,850 )(2,850 )(2,850 )(2,850 )(2,850 )(2,850 )(2,850 )(2,850 )(2,850 )(2,850 )(2,850 )(2,850 )(2,850 )(2,850 )(2,850
)(533,508Miscellaneous Exp )(490,002 )(485,002 )(490,002 )(485,002 )(490,002 )(482,002 )(487,002 )(482,002 )(487,002 )(482,002 )(487,002 )(482,002 )(487,002 )(482,002 )(482,002
)(3,582,123 )(2,223,843 )(2,001,876 )(1,970,301 )(1,868,725 )(1,837,149 )(1,792,573 )(1,760,997 )(1,719,601 )(1,687,843 )(1,682,843 )(1,687,843 )(1,682,843 )(1,687,843 )(1,682,843 )(1,682,843
)(59,211,774Total Operating Expenditure )(59,062,664 )(58,984,411 )(59,494,986 )(59,243,645 )(59,360,138 )(59,610,527 )(59,516,598 )(59,708,769 )(60,586,402 )(60,046,335 )(60,521,637 )(61,168,158 )(60,936,349 )(62,221,967 )(63,152,400
OPERATING SURPLUS (DEFICIT) )(4,510,836 )(3,628,671 )(2,648,021 )(2,317,965 )(1,056,159 )(672,138 )(399,858 224,205 565,753 183,702 1,252,909 1,315,543 1,214,742 1,999,832 1,275,175 913,504
Page 25 of 90
Integrated Financial Plan 2017-18 to 2031-32
Statement of
Comprehensive Income
Draft Budget Forecast Forecast Forecast Forecast Forecast Forecast Forecast ForecastForecast Forecast Forecast Forecast Forecast Forecast Forecast
2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
Non-Operating Income and Expenditure
Grants and Contributions for the Development of Assets
11,603,582Capital Grant Subsidy and Contrib Inc 4,918,100 4,596,333 3,747,333 13,844,862 3,332,666 1,743,333 918,000 418,000 1,158,000 618,000 418,000 1,018,000 928,000 4,568,000 7,918,000
192,261Self Supporting Loans Inc 197,691 149,261 144,179 149,418 154,848 160,476 166,310 172,357 47,774 9,499
)(192,261Self Supporting Loans - Debtors )(197,691 )(149,261 )(144,179 )(149,418 )(154,848 )(160,476 )(166,310 )(172,357 )(47,774 )(9,499
11,603,582 4,918,100 4,596,333 3,747,333 13,844,862 3,332,666 1,743,333 918,000 418,000 1,158,000 618,000 418,000 1,018,000 928,000 4,568,000 7,918,000
Sale or Disposal of Assets
496,885Proceeds Land Disposal
428,950Proceeds Plant and Vehicle Disposals 304,443 519,446 528,138 419,911 383,993 207,321 532,446 511,240 477,411 250,050 235,323 546,446 518,738 391,111 562,077
)(25,500Value of Land Disposed
)(733,319Value of Plant and Vehicles Disposed
)(140,145Value of Equipment Disposed
26,871 304,443 519,446 528,138 419,911 383,993 207,321 532,446 511,240 477,411 250,050 235,323 546,446 518,738 391,111 562,077
Interest on Capital Grants
138,934Interest on Capital Grants
138,934
11,769,387Total Non-Operating Income and Expenditure 5,222,543 5,115,779 4,275,471 14,264,773 3,716,659 1,950,654 1,450,446 929,240 1,635,411 868,050 653,323 1,564,446 1,446,738 4,959,111 8,480,077
TOTAL COMPREHENSIVE INCOME 7,258,551 2,467,758 1,957,506 13,208,614 3,044,521 1,550,796 1,674,651 1,494,993 1,819,1131,593,872 2,120,959 1,968,866 2,779,188 3,446,570 6,234,286 9,393,581
Page 26 of 90
Integrated Financial Plan 2017-18 to 2031-32
2016-17
Statement of
Financial Position
Forecast
2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26
Draft Budget Forecast Forecast ForecastForecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast
2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
Current Assets
Cash Unrestricted 6,604,357 6,755,584 7,069,819 7,553,858 8,066,018 8,541,720 8,899,916 9,375,172 9,958,244 10,290,209 10,852,071 11,256,383 11,754,493 12,137,451 12,632,515 13,220,684
Cash Restricted 20,876,746 9,293,976 9,690,139 11,982,439 14,562,037 15,447,604 16,784,431 18,351,977 21,122,342 22,661,085 24,958,151 26,468,176 27,929,662 30,294,936 31,852,551 34,966,382
Trade and Other Receivables 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146
Inventories 52,290 52,290 52,290 52,290 52,290 52,290 52,290 52,290 52,290 52,290 52,290 52,290 52,290 52,290 52,290 52,290
30,220,539 18,788,996 19,499,394 22,275,733 25,367,491 26,728,760 28,423,783 30,466,585 33,820,022 35,690,730 38,549,658 40,463,995 42,423,591 45,171,823 47,224,502 50,926,502
Current Liabilities
Trade and Other Payables )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289
Current Provisions )(3,912,847 )(4,375,656 )(4,839,776 )(5,303,896 )(5,768,016 )(6,232,136 )(6,696,256 )(7,160,376 )(7,624,496 )(8,088,616 )(8,552,736 )(9,016,856 )(9,480,976 )(9,945,096 )(10,409,216 )(10,873,336
Current Loan Liability )(2,297,329 )(2,416,920 )(2,334,721 )(2,226,305 )(2,318,814 )(2,415,638 )(2,144,825 )(1,658,449 )(1,103,373 )(1,073,015 )(827,371 )(496,550 )(118,739 0 0 0
)(10,844,465 )(11,426,865 )(11,808,786 )(12,164,490 )(12,721,119 )(13,282,063 )(13,475,370 )(13,453,114 )(13,362,158 )(13,795,920 )(14,014,396 )(14,147,695 )(14,234,004 )(14,579,385 )(15,043,505 )(15,507,625
Non Current Assets
Non Current Receivables 1,689,055 1,491,364 1,342,103 1,197,924 1,048,506 893,658 733,182 566,872 394,515 346,741 337,242 337,242 337,242 337,242 337,242 337,242
Property Plant and Equipment 240,264,570 234,618,369 228,698,854 222,575,185 216,263,606 209,711,736 203,029,848 196,117,751 188,972,863 181,569,896 174,006,242 166,239,478 158,200,764 149,971,945 141,540,049 132,728,633
Infrastructure 299,288,608 293,233,263 287,099,410 281,066,080 274,947,586 268,794,587 262,664,932 256,515,754 250,329,942 244,086,450 237,794,368 231,444,246 225,127,995 218,940,247 211,945,009 204,854,493
Work in Progress 34,835,847 60,984,887 74,054,176 84,728,020 105,724,282 118,474,657 129,413,031 140,653,860 151,166,244 164,231,729 176,812,200 190,682,464 205,886,690 221,409,076 241,544,037 263,663,770
576,078,079 590,327,882 591,194,542 589,567,208 597,983,979 597,874,637 595,840,992 593,854,236 590,863,563 590,234,815 588,950,051 588,703,429 589,552,690 590,658,509 595,366,336 601,584,137
Non Current Liabilities
Non Current Payables )(16,034 )(16,034 )(16,034 )(16,034 )(16,034 )(16,034 )(16,034 )(16,034 )(16,034 )(16,034 )(16,034 )(16,034 )(16,034 )(16,034 )(16,034 )(16,034
Non Current Provisions )(489,969 )(552,069 )(614,169 )(676,269 )(738,369 )(800,469 )(862,569 )(924,669 )(986,769 )(1,048,869 )(1,110,969 )(1,173,069 )(1,235,169 )(1,297,269 )(1,359,369 )(1,421,469
Non Current Loan Liabilities )(14,137,913 )(14,717,801 )(13,383,080 )(12,156,775 )(9,837,961 )(7,422,323 )(5,277,498 )(3,619,049 )(2,515,676 )(1,442,661 )(615,290 )(118,740 0 0 0 0
)(14,643,915 )(15,285,903 )(14,013,282 )(12,849,077 )(10,592,363 )(8,238,825 )(6,156,100 )(4,559,751 )(3,518,478 )(2,507,563 )(1,742,292 )(1,307,842 )(1,251,202 )(1,313,302 )(1,375,402 )(1,437,502
Equity
Retained Surplus )(240,549,545 )(245,690,487 )(247,599,264 )(247,264,470 )(257,893,486 )(260,052,440 )(260,266,409 )(260,373,514 )(259,098,142 )(259,378,512 )(259,202,405 )(259,661,246 )(260,978,948 )(262,060,244 )(266,736,915 )(273,016,665
Reserves - Cash Backed )(12,654,200 )(9,107,130 )(9,666,111 )(11,958,411 )(14,538,009 )(15,423,576 )(16,760,403 )(18,327,949 )(21,098,314 )(22,637,057 )(24,934,123 )(26,444,148 )(27,905,634 )(30,270,908 )(31,828,523 )(34,942,354
Reserves - Asset Revaluation )(327,606,494 )(327,606,494 )(327,606,494 )(327,606,494 )(327,606,494 )(327,606,494 )(327,606,494 )(327,606,494 )(327,606,494 )(327,606,494 )(327,606,494 )(327,606,494 )(327,606,494 )(327,606,494 )(327,606,494 )(327,606,494
)(580,810,238 )(582,404,110 )(584,871,868 )(586,829,374 )(600,037,988 )(603,082,509 )(604,633,305 )(606,307,956 )(607,802,949 )(609,622,062 )(611,743,021 )(613,711,887 )(616,491,075 )(619,937,645 )(626,171,931 )(635,565,512
Page 27 of 90
Integrated Financial Plan 2017-18 to 2031-32
Statement of
Cash Flows 2017-182016-17 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26
Forecast Draft Budget Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast ForecastForecastForecastForecastForecastForecast
2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
CASH FLOWS FROM OPERATING ACTIVITIES
RECEIPTSRates 35,651,231 37,268,319 38,263,164 39,204,238 40,169,803 40,725,632 41,253,842 41,789,751 42,333,487 42,855,988 43,385,698 43,922,726 44,467,190 45,019,202 45,578,881 46,146,347
Operating Grants and Subsidies 2,315,469 2,168,473 2,095,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473
Contributions Reimbursements and Donations 1,167,059 704,907 691,459 686,016 730,916 675,601 670,060 664,285 654,268 627,349 626,779 627,687 628,943 630,212 631,494 632,790
Fees and Charges 14,133,726 14,153,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202
Interest Earnings 1,058,718 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421
Other Revenue 374,735 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671
54,700,938 55,433,993 56,336,390 57,177,021 58,187,486 58,688,000 59,210,669 59,740,803 60,274,522 60,770,104 61,299,244 61,837,180 62,382,900 62,936,181 63,497,142 64,065,904
PAYMENTSEmployee Costs (Operating Only) )(24,574,946 )(25,129,482 )(25,186,152 )(25,193,152 )(25,186,152 )(25,196,152 )(25,186,152 )(25,186,675 )(25,186,152 )(25,196,152 )(25,186,152 )(25,196,152 )(25,186,152 )(25,196,152 )(25,186,152 )(25,196,152
Materials and Contracts )(14,905,674 )(14,982,680 )(14,664,610 )(15,148,174 )(14,779,022 )(14,724,878 )(15,079,039 )(14,789,296 )(14,825,671 )(15,457,421 )(14,753,111 )(14,977,431 )(15,413,961 )(15,101,151 )(15,367,941 )(15,785,731
Insurance )(747,420 )(766,108 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023
Interest Expense )(812,278 )(806,812 )(826,715 )(750,990 )(680,310 )(573,415 )(392,905 )(345,067 )(248,046 )(174,274 )(118,230 )(66,699 )(26,890 )(4,199
Utilities )(2,940,482 )(2,927,284 )(2,957,447 )(2,981,127 )(3,005,120 )(3,029,432 )(3,054,072 )(3,079,045 )(3,104,356 )(3,130,010 )(3,156,020 )(3,182,383 )(3,209,104 )(3,236,194 )(3,263,654 )(3,291,499
Other Expenses )(3,582,123 )(2,223,843 )(2,001,876 )(1,970,301 )(1,868,725 )(1,837,149 )(1,792,573 )(1,760,997 )(1,719,601 )(1,687,843 )(1,682,843 )(1,687,843 )(1,682,843 )(1,687,843 )(1,682,843 )(1,682,843
)(47,562,923 )(46,836,209 )(46,404,823 )(46,811,767 )(46,287,352 )(46,129,049 )(46,272,764 )(45,929,103 )(45,851,849 )(46,413,723 )(45,664,379 )(45,878,531 )(46,286,973 )(45,993,562 )(46,268,613 )(46,724,248
7,138,015 8,597,784 9,931,567 10,365,254 11,900,134 12,558,951 12,937,905 13,811,700 14,422,673 14,356,381CASH FLOWS FROM OPERATING ACTIVITIES 15,634,865 15,958,649 16,095,927 16,942,619 17,228,529 17,341,656
CASH FLOWS FROM INVESTING ACTIVITIES
CAPITAL RECEIPTSGrants and Contributions for the Development
of Assets
11,603,582 4,918,100 4,596,333 3,747,333 13,844,862 3,332,666 1,743,333 918,000 418,000 1,158,000 618,000 418,000 1,018,000 928,000 4,568,000 7,918,000
Interest Earnings on Capital Grants and
Contributions
138,934
Proceeds from the Sale Plant and Vehicles 925,835 304,443 519,446 528,138 419,911 383,993 207,321 532,446 511,240 477,411 250,050 235,323 546,446 518,738 391,111 562,077
12,668,351 5,222,543 5,115,779 4,275,471 14,264,773 3,716,659 1,950,654 1,450,446 929,240 1,635,411 868,050 653,323 1,564,446 1,446,738 4,959,111 8,480,077
CAPITAL PAYMENTSAcquisition of Assets )(31,614,386 )(26,149,040 )(13,069,289 )(10,673,844 )(20,996,262 )(12,750,375 )(10,938,374 )(11,240,829 )(10,512,384 )(13,065,485 )(12,580,471 )(13,870,264 )(15,204,226 )(15,522,386 )(20,134,961 )(22,119,733
)(31,614,386 )(26,149,040 )(13,069,289 )(10,673,844 )(20,996,262 )(12,750,375 )(10,938,374 )(11,240,829 )(10,512,384 )(13,065,485 )(12,580,471 )(13,870,264 )(15,204,226 )(15,522,386 )(20,134,961 )(22,119,733
)(18,946,035 )(20,926,497 )(7,953,510 )(6,398,373 )(6,731,489 )(9,033,716 )(8,987,720 )(9,790,383 )(9,583,144 )(11,430,074CASH FLOWS FROM INVESTING ACTIVITIES )(11,712,421 )(13,216,941 )(13,639,780 )(14,075,648 )(15,175,850 )(13,639,656
CASH FLOWS FROM FINANCING ACTIVITIESProceeds from New Debentures 2,305,520 3,000,000 1,000,000 1,000,000
Proceeds from Self Supporting Loans 192,261 197,691 149,261 144,179 149,418 154,848 160,476 166,310 172,357 47,774 9,499
Repayment of Debentures )(2,230,770 )(2,300,521 )(2,416,920 )(2,334,721 )(2,226,305 )(2,318,814 )(2,415,638 )(2,144,825 )(1,658,449 )(1,103,373 )(1,073,015 )(827,371 )(496,551 )(118,740
267,011 897,170 )(1,267,659 )(1,190,542 )(2,076,887 )(2,163,966 )(2,255,162 )(1,978,515 )(1,486,092 )(1,055,599 )(1,063,516 )(827,371 )(496,551 )(118,740
267,011 897,170 )(1,267,659 )(1,190,542 )(2,076,887 )(2,163,966 )(2,255,162 )(1,978,515 )(1,486,092 )(1,055,599CASH FLOWS FROM FINANCING ACTIVITIES )(1,063,516 )(827,371 )(496,551 )(118,740
NET INCREASE (DECREASE) IN CASH HELDCash Movement )(11,541,009 )(11,431,543 710,398 2,776,339 3,091,758 1,361,269 1,695,023 2,042,802 3,353,437 1,870,708 2,858,928 1,914,337 1,959,596 2,748,232 2,052,679 3,702,000
Cash at the beginning of the year
Cash increase (decrease)
Cash at the end of the year
39,022,113
)(11,541,009 )(11,431,543
16,049,561
16,049,561
710,398
27,481,104
27,481,104
16,759,959
16,759,959
2,776,339 3,091,758
19,536,298
19,536,298
22,628,056
22,628,056
1,361,269 2,042,8021,695,023 3,353,437 1,870,708
23,989,325
23,989,325
25,684,348
25,684,348
27,727,150
27,727,150
31,080,587
31,080,587
32,951,295
2,858,928 1,914,337 1,959,596 2,748,232 2,052,679 3,702,000
32,951,295 35,810,223 37,724,560 39,684,156 42,432,388 44,485,067
35,810,223 37,724,560 39,684,156 42,432,388 44,485,067 48,187,067
Page 28 of 90
Integrated Financial Plan 2017-18 to 2031-32
Rate Setting
Statement 2016-17
Forecast Draft Budget
2017-18 2018-19
Forecast Forecast
2019-20 2020-21
Forecast Forecast
2021-22 2022-23
Forecast Forecast
2023-24 2024-25
Forecast Forecast
2025-26 2026-27
Forecast Forecast
2027-28 2028-29
Forecast Forecast
2029-30 2030-31
Forecast Forecast
2031-32
Revenue (Excl Rates)
Rates - Specified Area 43,869 45,843 46,874 47,811 48,767 49,255 49,748 50,245 50,747 51,254 54,40853,86953,33652,80852,28551,767
Grants and Subsidies - Operating 2,315,469 2,168,473 2,095,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,4732,000,4732,000,4732,000,4732,000,4732,000,473
Fees and Charges 14,133,726 14,153,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,20214,147,20214,147,20214,147,20214,147,20214,147,202
Contributions, Reimbursements and Donation 1,167,059 704,907 691,459 686,016 730,916 675,601 670,060 664,285 654,268 627,349 632,790631,494630,212628,943627,687626,779
Interest Received 1,058,718 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421782,421782,421782,421782,421782,421
Other Revenue 374,735 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671356,671356,671356,671356,671356,671
17,973,96517,972,13017,970,31517,968,51817,966,73917,965,31317,965,37017,991,78218,001,29718,006,57518,011,62318,066,45018,020,59418,120,10018,211,51719,093,576
Less Expenditure
Employee Costs )(25,087,053 )(25,654,391 )(25,712,372 )(25,719,372 )(25,712,372 )(25,722,372 )(25,712,372 )(25,712,895 )(25,712,372 )(25,722,372 )(25,722,372)(25,712,372)(25,722,372)(25,712,372)(25,722,372)(25,712,372
Materials and Contracts )(14,905,674 )(14,982,680 )(14,664,610 )(15,148,174 )(14,779,022 )(14,724,878 )(15,079,039 )(14,789,296 )(14,825,671 )(15,457,421 )(15,785,731)(15,367,941)(15,101,151)(15,413,961)(14,977,431)(14,753,111
Insurance )(747,420 )(766,108 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023 )(768,023)(768,023)(768,023)(768,023)(768,023)(768,023
Interest Expense )(812,278 )(806,812 )(826,715 )(750,990 )(680,310 )(573,415 )(392,905 )(345,067 )(248,046 )(174,274 )(4,199)(26,890)(66,699)(118,230
Utilities )(2,940,482 )(2,927,284 )(2,957,447 )(2,981,127 )(3,005,120 )(3,029,432 )(3,054,072 )(3,079,045 )(3,104,356 )(3,130,010 )(3,291,499)(3,263,654)(3,236,194)(3,209,104)(3,182,383)(3,156,020
Depreciation )(11,136,744 )(11,701,546 )(12,053,368 )(12,156,999 )(12,430,073 )(12,704,869 )(12,811,543 )(13,061,275 )(13,330,700 )(13,646,459 )(15,901,932)(15,427,134)(14,416,567)(14,354,965)(14,116,886)(13,855,736
Other Expense )(3,582,123 )(2,223,843 )(2,001,876 )(1,970,301 )(1,868,725 )(1,837,149 )(1,792,573 )(1,760,997 )(1,719,601 )(1,687,843 )(1,682,843)(1,682,843)(1,687,843)(1,682,843)(1,687,843)(1,682,843
)(63,152,400)(62,221,967)(60,936,349)(61,168,158)(60,521,637)(60,046,335)(60,586,402)(59,708,769)(59,516,598)(59,610,527)(59,360,138)(59,243,645)(59,494,986)(58,984,411)(59,062,664)(59,211,774
Net Result Excluding Rates )(45,178,435)(44,249,837)(42,966,034)(43,199,640)(42,554,898)(42,081,022)(42,621,032)(41,716,987)(41,515,301)(41,603,952)(41,348,515)(41,177,195)(41,474,392)(40,864,311)(40,851,147)(40,118,198
Non Cash Expenditure and RevenueDepreciation 15,901,93215,427,13414,416,56714,354,96514,116,88613,855,73613,646,45913,330,70013,061,27512,811,54312,704,86912,430,07312,156,99912,053,36811,701,54611,136,744
New Self Supporting Loans )(80,000
Movement in Non-Current Assets and Liabilities
Provisions and Accruals 62,100 62,100 62,100 62,100 62,100 62,100 62,100 62,100 62,100 62,100 62,10062,10062,10062,10062,10062,100
62,10062,10062,10062,10062,10062,10062,10062,10062,10062,10062,10062,10062,10062,10062,10062,100
Capital Revenue
Grants and Contributions for the Development of
Assets
11,603,582 4,918,100 4,596,333 3,747,333 13,844,862 3,332,666 1,743,333 918,000 418,000 1,158,000 7,918,0004,568,000928,0001,018,000418,000618,000
Interest Received on Capital Grants 138,934
Proceeds on Disposal of Assets 925,835 304,443 519,446 528,138 419,911 383,993 207,321 532,446 511,240 477,411 562,077391,111518,738546,446235,323250,050
Proceeds from New Debentures 2,385,520 3,000,000 1,000,000 1,000,000
Transfers from Restricted Cash 10,258,909 11,582,770 )(396,163 )(2,292,300 )(2,579,598 )(885,567 )(1,336,827 )(1,567,546 )(2,770,365 )(1,538,743 )(3,113,831)(1,557,615)(2,365,274)(1,461,486)(1,510,025)(2,297,066
Loan Repayments - Self Supporting 192,261 197,691 149,261 144,179 149,418 154,848 160,476 166,310 172,357 47,774 9,499
5,366,2463,401,496)(918,536102,960)(856,702)(1,419,517144,442)(1,668,76849,210774,3032,985,94011,834,5933,127,3505,868,87720,003,00425,505,041
Capital Expenditure
Acquisition of Assets - Employee Costs )(129,142 )(4,128 )(2,500 )(2,500 )(2,500 )(2,500 )(2,500 )(25,287 )(2,500 )(2,500 )(2,500)(2,500)(2,500)(2,500)(2,500)(2,500
Acquisition of Assets - Material and Contracts )(31,389,624 )(26,143,151 )(13,064,289 )(10,668,844 )(20,991,262 )(12,745,375 )(10,933,374 )(11,200,065 )(10,507,384 )(13,060,485 )(22,114,733)(20,129,961)(15,517,386)(15,199,226)(13,865,264)(12,575,471
Acquisition of Assets - Cost Allocations )(95,620 )(1,761 )(2,500 )(2,500 )(2,500 )(2,500 )(2,500 )(15,477 )(2,500 )(2,500 )(2,500)(2,500)(2,500)(2,500)(2,500)(2,500
Repayment of Debentures )(2,230,770 )(2,300,521 )(2,416,920 )(2,334,721 )(2,226,305 )(2,318,814 )(2,415,638 )(2,144,825 )(1,658,449 )(1,103,373 )(118,740)(496,551)(827,371)(1,073,015
)(22,119,733)(20,134,961)(15,641,126)(15,700,777)(14,697,635)(13,653,486)(14,168,858)(12,170,833)(13,385,654)(13,354,012)(15,069,189)(23,222,567)(13,008,565)(15,486,209)(28,449,561)(33,845,156
121,109
245,158121,109
90,165171,328
90,165171,328
137,338197,146
137,338197,146
99,404231,559
99,404231,559
112,607101,471
112,607101,471
207,395195,813
207,395195,813
147,773127,854
147,773127,854
277,739589,321
277,739589,321Estimated Surplus (Deficit) June 30
Carried Forward
LESS
Estimated Surplus (Deficit) July 1
Brought Forward
ADD 2,321,428
46,091,93945,525,01244,965,86644,414,38243,870,44143,333,93142,804,73442,282,74041,739,50641,204,09440,676,37740,121,03639,156,42738,216,29037,222,47635,607,362Amount required to be raised from rates
)(46,091,939)(45,525,012)(44,965,866)(44,414,382)(43,870,441)(43,333,931)(42,804,734)(42,282,740)(41,739,506)(41,204,094)(40,676,377)(40,121,036)(39,156,427)(38,216,290)(37,222,476)(35,607,362Estimated rate revenue
Page 29 of 90
Integrated Financial Plan 2017-18 to 2031-32
2016-17
Statement of
Net Current AssetsForecast
2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26
Draft Budget Forecast Forecast ForecastForecast Forecast Forecast Forecast Forecast ForecastForecastForecastForecastForecastForecast
2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
Current Assets
6,604,357 6,755,584 7,069,819 7,553,858 8,066,018 8,541,720 8,899,916 9,375,172 9,958,244 10,290,209Cash Unrestricted 10,852,071 11,256,383 11,754,493 12,137,451 12,632,515 13,220,684
20,876,746 9,293,976 9,690,139 11,982,439 14,562,037 15,447,604 16,784,431 18,351,977 21,122,342 22,661,085Cash Restricted 24,958,151 26,468,176 27,929,662 30,294,936 31,852,551 34,966,382
2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146Trade and Other Receivables 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146 2,687,146
52,290 52,290 52,290 52,290 52,290 52,290 52,290 52,290 52,290 52,290Inventories 52,290 52,290 52,290 52,290 52,290 52,290
30,220,539 18,788,996 19,499,394 22,275,733 25,367,491 26,728,760 28,423,783 30,466,585 33,820,022 35,690,730 38,549,658 40,463,995 42,423,591 45,171,823 47,224,502 50,926,502
Current Liabilities
)(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289Trade and Other Payables )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289 )(4,634,289
)(3,912,847 )(4,375,656 )(4,839,776 )(5,303,896 )(5,768,016 )(6,232,136 )(6,696,256 )(7,160,376 )(7,624,496 )(8,088,616Provisions )(8,552,736 )(9,016,856 )(9,480,976 )(9,945,096 )(10,409,216 )(10,873,336
)(8,547,135 )(9,009,944 )(9,474,064 )(9,938,184 )(10,402,304 )(10,866,424 )(11,330,544 )(11,794,664 )(12,258,784 )(12,722,904 )(13,187,024 )(13,651,144 )(14,115,264 )(14,579,384 )(15,043,504 )(15,507,624
NET CURRENT ASSETS 21,673,404 9,779,052 10,025,330 12,337,549 14,965,187 15,862,336 17,093,239 18,671,921 21,561,238 22,967,826 25,362,634 26,812,851 28,308,327 30,592,439 32,180,998 35,418,878
Less
Cash - Restricted
Receivables
)(20,876,746 )(9,293,976 )(9,690,139 )(11,982,439 )(14,562,037 )(15,447,604 )(16,784,431 )(18,351,977 )(21,122,342 )(22,661,085 )(24,958,151 )(26,468,176 )(27,929,662 )(30,294,936 )(31,852,551 )(34,966,382
)(207,337 )(207,337 )(207,337 )(207,337 )(207,337 )(207,337 )(207,337 )(207,337 )(207,337 )(207,337 )(207,337 )(207,337 )(207,337 )(207,337 )(207,337 )(207,337
NET CURRENT ASSET POSITION 589,321 277,739 127,854 147,773 195,813 207,395 101,471 112,607 231,559 99,404 197,146 137,338 171,328 90,166 121,110 245,159
Page 30 of 90
Integrated Financial Plan 2017-18 to 2031-32
Base Operating
Income and ExpenditureDraft Budget Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast ForecastForecast Forecast Forecast Forecast Forecast Forecast
2031-322030-312029-302028-292027-282026-272025-262024-252023-242022-232021-222020-212019-202018-192017-182016-17
Operating IncomeRates
35,451,956Rates General Inc 37,050,004 38,060,839 38,981,309 39,940,255 40,522,246 41,083,141 41,616,134 42,156,901 42,705,568 43,232,782 43,767,269 44,309,146 44,858,526 45,415,525 45,980,262
43,869Rates Specified Area Inc 45,843 46,874 47,811 48,767 49,255 49,748 50,245 50,747 51,254 51,767 52,285 52,808 53,336 53,869 54,408
155,406Rates Interim Inc 172,472 155,451 175,118 180,781 154,131 120,953 123,372 125,839 99,166 101,149 103,172 105,236 107,340 109,487 111,677
35,651,231 37,268,319 38,263,164 39,204,238 40,169,803 40,725,632 41,253,842 41,789,751 42,333,487 42,855,988 43,385,698 43,922,726 44,467,190 45,019,202 45,578,881 46,146,347
Operating Grants and Subsidies
2,010,473Operating Grant Inc 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473
2,010,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473 2,000,473
Contributions, Reimbursements and Donations
102,676Contribution Inc 96,488 96,488 96,488 96,488 96,488 96,488 96,488 92,488 70,488 70,488 70,488 70,488 70,488 70,488 70,488
754,560Reimbursement Inc 567,669 559,221 553,778 548,678 543,363 537,822 532,047 526,030 521,111 520,541 521,449 522,705 523,974 525,256 526,552
2,750Donation Inc 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750 2,750
859,986 666,907 658,459 653,016 647,916 642,601 637,060 631,285 621,268 594,349 593,779 594,687 595,943 597,212 598,494 599,790
Fees and Charges
5,692,850Waste Collection Charge Inc 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997 5,738,997
1,694,773Parking Fee Inc 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712 1,744,712
897,773Property Lease and Rental Fee Inc 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504 891,504
48,875General Hire Fee Inc 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690 51,690
441,452Fine and Penalty Fee Inc 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393 300,393
458,237Building and Planning Fee Inc 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255 522,255
143,730Rating Fee Inc 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025 137,025
3,104,602Sports Facility Fee Inc 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077 3,077,077
1,651,434Miscellaneous Fee and Charge Inc 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549 1,683,549
14,133,726 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202 14,147,202
Interest Received
661,766Cash and Investment Interest Inc 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766 461,766
388,046Rates Debtor Interest Inc 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655 320,655
1,049,812 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421 782,421
Other Revenue
374,735Miscellaneous Inc 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671
374,735 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671 356,671
54,079,963Total 55,221,993 56,208,390 57,144,021 58,104,486 58,655,000 59,177,669 59,707,803 60,241,522 60,737,104 61,266,244 61,804,180 62,349,900 62,903,181 63,464,142 64,032,904
Page 31 of 90
Integrated Financial Plan 2017-18 to 2031-32
Base Operating
Income and ExpenditureDraft Budget Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast ForecastForecast Forecast Forecast Forecast Forecast Forecast
2031-322030-312029-302028-292027-282026-272025-262024-252023-242022-232021-222020-212019-202018-192017-182016-17
Operating ExpenditureEmployee Costs
21,097,168Salary Exp 21,817,163 21,872,565 21,872,565 21,872,565 21,872,565 21,872,565 21,863,088 21,872,565 21,872,565 21,872,565 21,872,565 21,872,565 21,872,565 21,872,565 21,872,565
512,107Salary Accruals Exp 524,909 526,220 526,220 526,220 526,220 526,220 526,220 526,220 526,220 526,220 526,220 526,220 526,220 526,220 526,220
3,272,303Other Employee Related Exp 3,305,319 3,313,587 3,313,587 3,313,587 3,313,587 3,313,587 3,313,587 3,313,587 3,313,587 3,313,587 3,313,587 3,313,587 3,313,587 3,313,587 3,313,587
24,881,578 25,647,391 25,712,372 25,712,372 25,712,372 25,712,372 25,712,372 25,702,895 25,712,372 25,712,372 25,712,372 25,712,372 25,712,372 25,712,372 25,712,372 25,712,372
Materials and Contracts
3,046,720Material Exp 3,465,305 3,693,146 3,728,554 3,972,417 4,008,488 4,043,359 4,068,296 4,100,671 4,179,421 4,210,111 4,235,431 4,317,961 4,341,151 4,592,941 4,607,731
520,380Fuel Exp 666,514 666,514 666,514 666,514 666,514 666,514 666,514 666,514 666,514 666,514 666,514 666,514 666,514 666,514 666,514
66,620Contract Employment Exp 66,620 66,620 66,620 66,620 66,620 66,620 66,620 66,620 66,620 66,620 66,620 66,620 66,620 66,620 66,620
656,890Consultants Exp 693,957 693,957 693,957 693,957 693,957 693,957 693,957 693,957 693,957 693,957 693,957 693,957 693,957 693,957 693,957
7,131,573Contractors Exp 7,224,625 7,224,625 7,224,625 7,224,625 7,224,625 7,276,125 7,276,125 7,276,125 7,276,125 7,276,125 7,276,125 7,276,125 7,276,125 7,276,125 7,276,125
990,722Software License or Maintenance Exp 994,889 994,889 994,889 982,889 982,889 982,889 982,889 982,889 982,889 982,889 982,889 982,889 982,889 982,889 982,889
264,212Equipment Lease or Hire Exp 331,397 331,397 331,397 331,397 331,397 331,397 331,397 331,397 331,397 331,397 331,397 331,397 331,397 331,397 331,397
144,247Bank Fee and Charges Exp 141,278 141,278 141,278 141,278 141,278 141,278 141,278 141,278 141,278 141,278 141,278 141,278 141,278 141,278 141,278
12,821,364 13,584,585 13,812,426 13,847,834 14,079,697 14,115,768 14,202,139 14,227,076 14,259,451 14,338,201 14,368,891 14,394,211 14,476,741 14,499,931 14,751,721 14,766,511
Insurance
747,420Insurance Exp 766,108 768,023 768,023 768,023 768,023 768,023 768,023 768,023 768,023 768,023 768,023 768,023 768,023 768,023 768,023
747,420 766,108 768,023 768,023 768,023 768,023 768,023 768,023 768,023 768,023 768,023 768,023 768,023 768,023 768,023 768,023
Interest Expense
806,403Interest Loan Borrowings Exp 801,004 821,426 745,856 675,986 569,802 390,037 342,971 246,581 173,268 117,550 66,315 26,735 4,199
5,875Interest Accrual Exp 5,808 5,289 5,134 4,324 3,613 2,868 2,096 1,465 1,006 680 384 155
812,278 806,812 826,715 750,990 680,310 573,415 392,905 345,067 248,046 174,274 118,230 66,699 26,890 4,199
Utilities
2,037,972Electricity Exp 1,992,111 2,007,857 2,018,432 2,029,058 2,039,739 2,050,471 2,061,257 2,072,098 2,082,994 2,093,945 2,104,950 2,116,010 2,127,123 2,138,292 2,149,515
564,990Water Exp 590,415 603,697 615,772 628,087 640,646 653,460 666,530 679,861 693,459 707,332 721,481 735,909 750,629 765,638 780,952
289,270Gas Exp 294,335 294,335 294,335 294,335 294,335 294,335 294,335 294,335 294,335 294,335 294,335 294,335 294,335 294,335 294,335
48,250Sewerage Exp 50,423 51,558 52,588 53,640 54,712 55,806 56,923 58,062 59,222 60,408 61,617 62,850 64,107 65,389 66,697
2,940,482 2,927,284 2,957,447 2,981,127 3,005,120 3,029,432 3,054,072 3,079,045 3,104,356 3,130,010 3,156,020 3,182,383 3,209,104 3,236,194 3,263,654 3,291,499
Depreciation
2,824,202Depreciation Building Exp 2,914,535 2,965,236 2,971,628 2,974,732 2,982,053 2,988,481 2,997,948 3,005,269 3,045,123 3,063,885 3,083,362 3,130,723 3,170,649 3,196,560 3,335,442
Depreciation Civil Infrastructure Exp 603,493 591,567 576,089 562,271 552,528 548,070 537,111 527,542 515,024 523,762 526,188 528,762 525,849 519,697 525,208
2,654,696Depreciation Roads Exp 2,371,810 2,405,556 2,454,034 2,507,415 2,564,009 2,599,939 2,619,289 2,584,768 2,655,143 2,673,625 2,684,843 2,676,273 2,688,599 2,716,905 2,754,778
979,665Depreciation Pathways Exp 885,138 889,825 819,905 821,131 797,970 805,501 807,508 798,750 828,497 839,774 857,663 864,794 864,342 882,351 899,117
1,139,294Depreciation Stormwater Exp 1,036,207 1,040,184 1,039,902 1,045,020 1,046,314 1,049,719 1,054,947 1,151,660 1,068,454 1,080,040 1,090,228 1,053,910 925,882 936,133 945,008
438,519Depreciation Open Space Exp 457,142 481,705 452,691 483,040 496,994 423,134 423,358 425,702 484,922 497,784 516,003 523,764 533,133 1,275,980 1,288,480
270,858Depreciation Marine Exp 262,286 273,532 234,185 235,238 233,872 234,746 236,278 233,692 239,999 220,060 198,733 197,316 195,162 197,330 198,580
351,371Depreciation Other Infrastructure Exp 439,269 451,484 456,524 464,379 461,312 468,546 470,687 463,698 451,453 457,037 476,464 471,432 454,781 466,842 479,345
1,162,865Depreciation Plant and Vehicle Exp 1,312,534 1,495,914 1,647,452 1,793,051 1,970,885 2,056,646 2,234,013 2,376,133 2,548,038 2,650,505 2,774,421 2,958,102 3,070,867 3,192,521 3,399,041
974,932Depreciation Equipment Exp 1,066,710 1,094,131 1,130,705 1,160,496 1,208,071 1,238,159 1,271,464 1,345,204 1,378,879 1,410,353 1,459,007 1,491,231 1,520,217 1,567,808 1,595,093
123,738Depreciation Furniture and Fittings Exp 131,818 138,952 142,910 146,620 148,449 150,433 154,719 158,518 165,325 167,443 172,613 175,375 177,852 179,793 180,626
216,604Depreciation Other Asset Exp 220,604 225,282 230,974 236,680 242,412 248,169 253,953 259,764 265,602 271,468 277,361 283,283 289,234 295,214 301,214
11,136,744 11,701,546 12,053,368 12,156,999 12,430,073 12,704,869 12,811,543 13,061,275 13,330,700 13,646,459 13,855,736 14,116,886 14,354,965 14,416,567 15,427,134 15,901,932
Other Expense
98,473Contrib, Donation and Sponsorship Exp 98,473 98,473 98,473 98,473 98,473 98,473 98,473 98,473 98,473 98,473 98,473 98,473 98,473 98,473 98,473
514,320Elected Member Exp 514,320 514,320 514,320 514,320 514,320 514,320 514,320 514,320 514,320 514,320 514,320 514,320 514,320 514,320 514,320
45,061Taxation and Levy Exp 31,300 31,300 31,300 31,300 31,300 31,300 31,300 31,300 31,300 31,300 31,300 31,300 31,300 31,300 31,300
2,850Miscellaneous Non Cash Exp 2,850 2,850 2,850 2,850 2,850 2,850 2,850 2,850 2,850 2,850 2,850 2,850 2,850 2,850 2,850
490,502Miscellaneous Exp 477,002 477,002 477,002 477,002 477,002 477,002 477,002 477,002 477,002 477,002 477,002 477,002 477,002 477,002 477,002
1,151,206 1,123,945 1,123,945 1,123,945 1,123,945 1,123,945 1,123,945 1,123,945 1,123,945 1,123,945 1,123,945 1,123,945 1,123,945 1,123,945 1,123,945 1,123,945
54,491,072Total 56,557,671 57,254,296 57,341,290 57,799,540 58,027,824 58,064,999 58,307,326 58,546,893 58,893,284 59,103,217 59,364,519 59,672,040 59,761,231 61,046,849 61,564,282
Base Operating Surplus (Deficit) )(411,109 )(1,335,678 )(1,045,906 )(197,269 304,946 627,176 1,112,670 1,400,477 1,694,629 1,843,820 2,163,027 2,468,6222,417,2933,141,9502,677,8602,439,661
Page 32 of 90
Integrated Financial Plan 2017-18 to 2031-32
Cash Backed ReservesForecast Draft Budget
2017-18
Opening
Balance 2016-17
Forecast2018-19 2019-20 2020-21
ForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecast
2021-22 2022-23 2023-24 2024-25 2027-28 2028-292025-26 2026-27 2029-30 2030-31 2031-32
ACDI Equipment Replacement Program
Purpose: For the purchase and upgrade of equipment used by Australian Centre for Digital Innovation
Opening Balance 669,195587,895 587,895 751,622 834,049 916,476 998,903 1,081,330 1,163,757 1,246,184 1,328,611 1,411,038 1,493,465 1,575,892 1,658,319 1,740,746 1,823,173
Transfers to Reserves (Based on Operating
Surplus)
81,300 82,427 82,427 82,427 82,427 82,427 82,427 82,427 82,427 82,427 82,427 82,427 82,427 82,427 82,427 82,427
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 669,195 751,622 834,049 916,476 998,903 1,081,330 1,163,757 1,246,184 1,328,611 1,411,038 1,493,465 1,575,892 1,658,319 1,740,746 1,823,173 1,905,600
Airport Reserve
Purpose: To receipt funds from airport leases for the future provision of asset management and expansion projects at the airport
Opening Balance 031,178 31,178 69,441 134,039 190,700 284,529 78,533 172,717 267,088 361,652 485,438 609,224 733,010 856,796 980,582 1,104,368
Transfers to Reserves (Based on Operating
Surplus)
123,786 123,786 123,786 123,786 123,786 123,786 123,786 123,786 123,786 123,786 123,786 123,786 123,786 123,786 123,786 123,786
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
)(108,463 )(23,900 )(28,900 )(37,000 )(300,000
Transfers from Reserves (Loan Principal and
Interest Repayments)
)(46,501 )(30,445 )(30,288 )(30,125 )(29,957 )(29,782 )(29,602 )(29,415 )(29,222
Closing Balance 0 69,441 134,039 190,700 284,529 78,533 172,717 267,088 361,652 485,438 609,224 733,010 856,796 980,582 1,104,368 1,228,154
Asset Management and Renewal
Purpose: To provide funding for future asset management/renewal programs/projects
Opening Balance 3,475,5024,447,972 4,447,972 486,104 371,104 771,104 1,371,104 1,621,104 2,121,104 2,221,104 1,921,104 2,321,104 2,471,104 2,671,104 2,821,104 3,121,104 3,971,104
Transfers to Reserves (Based on Operating
Surplus)
600,000 100,000 100,000 400,000 600,000 250,000 500,000 100,000 100,000 400,000 150,000 200,000 200,000 300,000 850,000 100,000
Transfers to Reserves (Specified Amount) 84,848
Transfers from Reserves (Operating and Capital
Projects)
)(1,657,318 )(3,089,398 )(215,000 )(400,000 )(50,000
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 3,475,502 486,104 371,104 771,104 1,371,104 1,621,104 2,121,104 2,221,104 1,921,104 2,321,104 2,471,104 2,671,104 2,821,104 3,121,104 3,971,104 4,071,104
Building Restoration and Maintenance
Purpose: For the purchase and upgrade of Council Buildings
Opening Balance 353,180238,254 238,254 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount) 219,000
Transfers from Reserves (Operating and Capital
Projects)
)(104,074
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180 353,180
Page 33 of 90
Integrated Financial Plan 2017-18 to 2031-32
Cash Backed ReservesForecast Draft Budget
2017-18
Opening
Balance 2016-17
Forecast2018-19 2019-20 2020-21
ForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecast
2021-22 2022-23 2023-24 2024-25 2027-28 2028-292025-26 2026-27 2029-30 2030-31 2031-32
Bunbury Museum and Heritage Centre Reserve
Purpose: To provide funding for the Museum
Opening Balance 11,64262,438 62,438 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
)(50,796
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642 11,642
Canal Management
Purpose: To receipt specified area rating from the Pelican Point Canal Development to provide for the ongoing management and maintenance of the Canal residential and commercial area
Opening Balance 456,015444,146 444,146 501,858 548,732 596,543 645,310 694,565 744,313 794,558 845,305 896,559 948,326 1,000,611 1,053,419 1,106,725 1,160,594
Transfers to Reserves (Based on Operating
Surplus)
43,869 45,843 46,874 47,811 48,767 49,255 49,748 50,245 50,747 51,254 51,767 52,285 52,808 53,306 53,869 54,408
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
)(32,000
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 456,015 501,858 548,732 596,543 645,310 694,565 744,313 794,558 845,305 896,559 948,326 1,000,611 1,053,419 1,106,725 1,160,594 1,215,002
City Arts Collection
Purpose: For the purchase and upgrade of Council's Art Collection
Opening Balance 38,98438,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984 38,984
City of Bunbury General Parking
Purpose: To fund Council's general parking motor vehicle parking requirements within the City of Bunbury
Opening Balance 1,681,5252,083,926 2,083,926 2,233,804 2,778,186 3,402,577 4,198,688 4,604,967 4,534,627 5,368,160 5,886,660 6,720,127 7,428,561 7,946,962 8,780,330 9,613,665 10,131,966
Transfers to Reserves (Based on Operating
Surplus)
744,917 735,763 734,129 734,097 734,065 734,033 734,001 733,968 733,935 733,902 733,869 733,836 733,803 733,770 733,736 733,702
Transfers to Reserves (Specified Amount) 65,195 124,565 124,565 124,565 124,565 124,565 124,565 124,565 124,565 124,565 124,565 124,565 124,565 124,565 124,565 124,565
Transfers from Reserves (Operating and Capital
Projects)
)(994,304 )(90,000 )(119,000 )(40,000 )(25,000 )(415,000 )(891,800 )(25,000 )(340,000 )(25,000 )(150,000 )(340,000 )(25,000 )(25,000 )(340,000 )(25,000
Transfers from Reserves (Loan Principal and
Interest Repayments)
)(218,209 )(218,049 )(195,312 )(194,271 )(37,519 )(37,319 )(37,106
Closing Balance 1,681,525 2,233,804 2,778,186 3,402,577 4,198,688 4,604,967 4,534,627 5,368,160 5,886,660 6,720,127 7,428,561 7,946,962 8,780,330 9,613,665 10,131,966 10,965,233
Page 34 of 90
Integrated Financial Plan 2017-18 to 2031-32
Cash Backed ReservesForecast Draft Budget
2017-18
Opening
Balance 2016-17
Forecast2018-19 2019-20 2020-21
ForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecast
2021-22 2022-23 2023-24 2024-25 2027-28 2028-292025-26 2026-27 2029-30 2030-31 2031-32
College Grove Subdivision Amended Joint Venture Reserve
Purpose: To provide funding for the development of land relating to the amended College Grove joint venture
Opening Balance 42,19232,818 32,818 71,566 100,940 130,314 159,688 189,062 218,436 247,810 277,184 306,558 335,932 365,306 394,680 424,054 453,428
Transfers to Reserves (Based on Operating
Surplus)
29,374 29,374 29,374 29,374 29,374 29,374 29,374 29,374 29,374 29,374 29,374 29,374 29,374 29,374 29,374 29,374
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
)(20,000
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 42,192 71,566 100,940 130,314 159,688 189,062 218,436 247,810 277,184 306,558 335,932 365,306 394,680 424,054 453,428 482,802
Depot Construction
Purpose: To receipt funds received from Council's associated land sales raised for the purpose of constructing a new depot
Opening Balance 120,0001,585,182 1,585,182 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000
Transfers to Reserves (Based on Operating
Surplus)
120,000
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
)(1,585,182
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000
Disaster Relief Fund
Purpose: To provide relief of personal hardship and distress arising from natural disasters
Opening Balance 100,000100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount) 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000
Transfers from Reserves (Operating and Capital
Projects)
)(20,000 )(20,000 )(20,000 )(20,000 )(20,000 )(20,000 )(20,000 )(20,000 )(20,000 )(20,000 )(20,000 )(20,000 )(20,000 )(20,000 )(20,000 )(20,000
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
Dual Use Path Upgrade Contributions
Purpose: To receipt funds received from Council's subdivision conditions for the future provision of dual use path improvements and path management measures to benefit path infrastructure
Opening Balance 59,74659,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746 59,746
Page 35 of 90
Integrated Financial Plan 2017-18 to 2031-32
Cash Backed ReservesForecast Draft Budget
2017-18
Opening
Balance 2016-17
Forecast2018-19 2019-20 2020-21
ForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecast
2021-22 2022-23 2023-24 2024-25 2027-28 2028-292025-26 2026-27 2029-30 2030-31 2031-32
Employee Entitlements and Insurance Reserve
Purpose: To provide future funds for employee related entitlements and insurance liabilities
Opening Balance 840,981764,562 764,562 833,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981
Transfers to Reserves (Based on Operating
Surplus)
90,419
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
)(14,000 )(7,000 )(3,000
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 840,981 833,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981 830,981
Environmental
Purpose: For the future provision of environmental management and associated projects
Opening Balance 118,957195,057 195,057 69,857 98,757 115,757 165,757 215,757 265,757 315,757 365,757 415,757 465,757 515,757 565,757 615,757 665,757
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount) 23,900 23,900 28,900 17,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000
Transfers from Reserves (Operating and Capital
Projects)
)(100,000 )(73,000
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 118,957 69,857 98,757 115,757 165,757 215,757 265,757 315,757 365,757 415,757 465,757 515,757 565,757 615,757 665,757 715,757
Hay Park Regional Athletics Track
Purpose: To retain funds for the future replacement of the regional athletics track
Opening Balance 370,665300,665 300,665 440,665 510,665 580,665 650,665 720,665 790,665 860,665 930,665 665 70,665 140,665 210,665 280,665 350,665
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount) 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000
Transfers from Reserves (Operating and Capital
Projects)
)(1,000,000
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 370,665 440,665 510,665 580,665 650,665 720,665 790,665 860,665 930,665 665 70,665 140,665 210,665 280,665 350,665 420,665
Heritage Building Maintenance
Purpose: Income received from the lease or rental of heritage buildings to be set aside for the maintenance of heritage buildings
Opening Balance 27,50027,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500
Page 36 of 90
Integrated Financial Plan 2017-18 to 2031-32
Cash Backed ReservesForecast Draft Budget
2017-18
Opening
Balance 2016-17
Forecast2018-19 2019-20 2020-21
ForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecast
2021-22 2022-23 2023-24 2024-25 2027-28 2028-292025-26 2026-27 2029-30 2030-31 2031-32
Infrastructure Development
Purpose: To receipt funds specifically raised from the annual rates levied for the development of infrastructure
Opening Balance 105,0530 0 80,073 125,701 1,111,142 1,745,986 2,140,830 2,334,007 2,668,851 4,563,695 5,658,539 6,353,383 6,748,227 6,893,071 7,087,915 6,782,759
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount) 354,520 725,020 1,105,628 1,495,441 1,894,844 1,894,844 1,894,844 1,894,844 1,894,844 1,894,844 1,894,844 1,894,844 1,894,844 1,894,844 1,894,844 1,894,844
Transfers from Reserves (Operating and Capital
Projects)
)(249,467 )(750,000 )(1,060,000 )(510,000 )(1,260,000 )(1,500,000 )(1,701,667 )(1,560,000 )(800,000 )(1,200,000 )(1,500,000 )(1,750,000 )(1,700,000 )(2,200,000
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 105,053 80,073 125,701 1,111,142 1,745,986 2,140,830 2,334,007 2,668,851 4,563,695 5,658,539 6,353,383 6,748,227 6,893,071 7,087,915 6,782,759 8,677,603
Land Subdivision and Development
Purpose: To provide funding for land subdivision development
Opening Balance 340,723340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723 340,723
Local Planning Policy Framework
Purpose: To provide funding for Local Planning Policy Framework
Opening Balance 100,00050,000 50,000 150,000 138,000 103,000 2,000 52,000 102,000 91,000 101,000 1,000 51,000 101,000 91,000 101,000 1,000
Transfers to Reserves (Based on Operating
Surplus)
15,000 60,000 60,000
Transfers to Reserves (Specified Amount) 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000
Transfers from Reserves (Operating and Capital
Projects)
)(62,000 )(100,000 )(151,000 )(61,000 )(100,000 )(150,000 )(60,000 )(100,000 )(150,000
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 100,000 150,000 138,000 103,000 2,000 52,000 102,000 91,000 101,000 1,000 51,000 101,000 91,000 101,000 1,000 51,000
Meat Inspection
Purpose: To make funds available to enable the monitoring of annual meat inspection income and expenditure to ensure as far as possible the service is carried out on a self balancing basis
Opening Balance 90,70773,983 73,983 105,546 119,728 133,910 148,092 162,274 176,456 190,638 204,820 219,002 233,184 247,366 261,548 275,730 289,912
Transfers to Reserves (Based on Operating
Surplus)
16,724 14,839 14,182 14,182 14,182 14,182 14,182 14,182 14,182 14,182 14,182 14,182 14,182 14,182 14,182 14,182
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 90,707 105,546 119,728 133,910 148,092 162,274 176,456 190,638 204,820 219,002 233,184 247,366 261,548 275,730 289,912 304,094
Page 37 of 90
Integrated Financial Plan 2017-18 to 2031-32
Cash Backed ReservesForecast Draft Budget
2017-18
Opening
Balance 2016-17
Forecast2018-19 2019-20 2020-21
ForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecast
2021-22 2022-23 2023-24 2024-25 2027-28 2028-292025-26 2026-27 2029-30 2030-31 2031-32
Plant and Equipment
Purpose: To provide for the purchase of plant and equipment, including office furniture, office equipment, computer hardware and software
Opening Balance 323,327323,327 323,327 323,327 323,327 73,327 73,327 73,327 73,327 73,327 73,327 73,327 73,327 73,327 73,327 73,327 73,327
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
)(250,000
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 323,327 323,327 323,327 73,327 73,327 73,327 73,327 73,327 73,327 73,327 73,327 73,327 73,327 73,327 73,327 73,327
Public Art Reserve
Purpose: To provide funding for the installation of artworks in public spaces
Opening Balance 135,333135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333 135,333
Refuse Collection and Waste Minimisation
Purpose: To receipt any annual surplus from Council's waste collection / minimisation program to provide future funding for Council's sanitation program
Opening Balance 2,402,2413,544,134 3,544,134 1,069,446 832,062 1,082,075 1,343,139 1,038,341 1,312,416 1,231,986 1,487,713 1,377,122 1,649,374 1,574,100 1,494,797 2,098,817 2,269,649
Transfers to Reserves (Based on Operating
Surplus)
780,092 721,487 717,478 717,446 717,413 717,380 717,347 717,314 717,281 717,248 717,214 717,180 717,146 717,112 717,078 717,044
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
)(1,921,985 )(2,054,282 )(954,862 )(467,433 )(456,349 )(1,022,178 )(443,272 )(797,744 )(461,554 )(827,839 )(444,962 )(792,454 )(796,449 )(113,092 )(546,246 )(905,501
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 2,402,241 1,069,446 832,062 1,082,075 1,343,139 1,038,341 1,312,416 1,231,986 1,487,713 1,377,122 1,649,374 1,574,100 1,494,797 2,098,817 2,269,649 2,081,192
Regional Museum
Purpose: To fund Council's contribution toward the establishment of a regional museum
Opening Balance 03,442 3,442 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
)(3,442
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Page 38 of 90
Integrated Financial Plan 2017-18 to 2031-32
Cash Backed ReservesForecast Draft Budget
2017-18
Opening
Balance 2016-17
Forecast2018-19 2019-20 2020-21
ForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecastForecast
2021-22 2022-23 2023-24 2024-25 2027-28 2028-292025-26 2026-27 2029-30 2030-31 2031-32
Road Upgrade Contributions
Purpose: To receipt funds received from Council's subdivision conditions for the future provision of road improvements and traffic management measures to benefit road infrastructure
Opening Balance 153,730153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730 153,730
Town Planning Act Section 20A
Purpose: To receipt income from the sale of Town Planning Act Section 20A Public Open Space Reserves to fund other public open space developments in accordance with the Town Planning Act
Opening Balance 456,222456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222 456,222
Town Planning Scheme Land Acquisition and Compensation
Purpose: For land acquisitions and compensation payable in respect to the implementation of Council's Town Planning schemes
Opening Balance 122,780135,000 135,000 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
)(12,220
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780 122,780
Withers
Purpose: To provide funding for the implementation of the Withers Action Plan
Opening Balance 58,000315,379 315,379 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Transfers to Reserves (Based on Operating
Surplus)
Transfers to Reserves (Specified Amount)
Transfers from Reserves (Operating and Capital
Projects)
)(257,379 )(58,000
Transfers from Reserves (Loan Principal and
Interest Repayments)
Closing Balance 58,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
9,107,130 9,666,111 11,958,411 14,538,009Total - Cash Backed Reserves 12,654,200 15,423,576 16,760,403 18,327,949 21,098,314 22,637,057 24,934,123 26,444,148 27,905,634 30,270,908 31,828,523 34,942,354
Page 39 of 90
Integrated Financial Plan 2017-18 to 2031-32
Risk Management Outline
The City of Bunbury recognises that risk management is an integral part of the planning, management and decision-making processes that need to be considered and addressed by everyone. The City is committed to ensuring that the
effective management of risks remains central to all its operations while delivering a wide and diverse range of services to residents and visitors.
The City has developed a risk framework that is based on the AS/NZS ISO 31000:2009 principles, whilst also being specific and fit for purpose.
The Framework provides for:
• Identification, recognition and description of risks that provide opportunity or threaten the delivery of services;
• Analysis to establish an understanding of the sources, causes and consequences of risks should they occur;
• Identification, creation and review of controls and their ongoing effectiveness;
• Evaluation of risks to assist in sound and accountable decision-making;
• Processes to be reviewed to ensure new information is gathered, latest changes and trends are identified, successes and failures are recorded, lessons are learned, changes in internal and external context are detected and
emerging risks are captured.
The Chief Executive Officer conducts a review of the City’s risk management systems, internal control and legislative compliance and reports on its effectiveness and appropriateness to the Audit Committee and Council every quarter.
The City of Bunbury Risk Management Framework is supported by a Council Policy and Corporate Guideline.
All staff have a responsibility to understand and adhere to the Risk Management Policy, Corporate Guideline and related procedures. Where required, staff undertake risk assessments for all proposed projects in consultation with their
Team Leaders, Managers and Directors. Staff are expected to apply sound operational risk management practices within the work environment.
The City provides risk management operational training to Directors, Managers, Team Leaders and senior officers.
Page 40 of 90
Integrated Financial Plan 2017-18 to 2031-32
Category / Rating Insignificant (1) Minor (2) Moderate (3) Significant (4) Severe (5)
*
Governance
/ Legal
Minor breach of regulation, legislation, policy, or
process requiring approval or variance
Contract – no effect on contract performance
Breach of regulation, legislation, policy, process or
legislative requirement requiring attention with
minimal damage control
Contract – communication between both parties
exposing minor concern with supply of goods /
services and rectification
Breach of regulation or legislation requiring internal
investigation, treatment or moderate damage
control
Contract – ongoing contractual issues which may
become a substantial breach
Breach of regulation or legislation resulting in
external investigation or third party actions
resulting in tangible loss and some damage to
reputation
Contract – termination of contract for default by
either party
Breach of regulation or legislation resulting in
external investigation or third party actions
resulting in substantial tangible loss and damage to
reputation
Contract – claim for damages or loss of profit /
reputation as a result of termination
*
Service Delivery
/ Interruption
Negligible impact on the effectiveness of the City's
processes and / or any backlog cleared in < 2 hours
Brief disruption of important service area,
noticeable effect to non-crucial service area and /
or backlog cleared in 3 hours – 1 day
Major effect to an important service area for a
short period, brief impact on multiple areas and / or
backlog cleared within 1 day – 2 weeks
Complete loss of an important service area for a
short period and / or issue resolved within 3 – 4
weeks
Major loss including several important areas of
service and / or for a protracted period >4 weeks
*Reputation
/ Publicity
Minor unsubstantiated publicity or damage to
reputation to a small audience, complaint from
individual / small group – gossip, limited social
media exposure
Minor damage to reputation to a small audience,
complaint from a large group of people –
mainstream media, social media seen by local
community
Damage to reputation to a specific audience, may
not have significant long-term or community effects
– state-wide mainstream media, social media item
taken up by people outside City
Local publicity of a major and persistent nature,
affecting the perception / standing with the
community – Australia-wide mainstream media,
social media taken up by large number of people
outside City
Substantial damage to public confidence leading to
sustained compromise in the achievement of
objectives, public embarrassment, high widespread
multiple news profile, likely to lead to dismissal of
Council / Councillors, or staff – World-wide
mainstream media, widespread social media item
taken up by vast numbers of people outside City
Environment
Negligible impacts affecting one site; disturbance to
individual native plants
Potential breach of state environmental law –
negotiated / no management of issue
Localised impacts; resolvable; small scale clearing of
bushland; small scale discharge of pollutants to
waters (10's to 100's of L)
Breach of state environmental law – no litigation,
warning issued by state, negotiated management of
issue
Localised impacts; general resolvable; significant
discharge of pollutants to waterways (1,000's of L);
clearing of 10's of hectares of bushland
Breach of state environmental law – litigation
Widespread and / or acute impacts; may or may not
be entirely resolvable; significant impact on listed
threatened species; clearing of a large amount of
bushland (100's of hectares)
Breach of federal environmental law - litigation
without jail time for perpetrator
Widespread and / or acute impacts; not resolvable;
highly significant impact on listed threatened
species
Breach of federal environmental law - litigation with
jail time for perpetrator
Assets
Damage where repairs are required however facility
/ infrastructure / network / hardware is still
operational
Minor loss / damage, repairs required
<2% of asset value
Short to medium term loss of key assets,
infrastructure and / or IT network / hardware
2% – 5% of asset value
Widespread, short to medium term loss of key
assets, infrastructure and / or IT network /
hardware
5% – 15% of asset value
Widespread, long-term loss of substantial key
assets, infrastructure and / or IT network /
hardware
>15% of asset value
Financial
Less than $10,000
Project deviation <2% from budget
$10,000 – $50,000
Project deviation 2% – 5% from budget
$50,000 – $1M
Project deviation 5% – 14% from budget
$1M – $5M
Project deviation 15% – 20%
Greater than $5M
Health
/ Social Impact
Minor injuries, no impact on society
Full recovery 1 – 3 days
First aid treatment only, some individuals could be
impacted either positively or negatively
Full recovery 1 – 3 weeks
Doctor or hospital treatment, various individuals
could be impacted either positively or negatively
Full recovery 1 – 6 months
Extensive injuries or disabilities; pockets of the
community could be impacted either positively or
negatively
Partial / full recovery 6 – 12 months
Death or permanent disabilities; the whole
community could be impacted either positive or
negatively
Timeframe
Has it
happened at
COB in the
last 5 years?
Has it
happened at other
organisations in the last
5 years?
expected to occur in
most circumstances or
occurs regularly –
multiple times per year
regularly
regularly or multiple
times at other
organisations
Medium High High Extreme Extreme
happens fairly regularly,
probably occurs once
every year
several timesonce at multiple
organisationsLow Medium High High Extreme
occurs occasionally
or may occur
every 3 years
a few timesmultiple times at one
other organisationLow Medium Medium High High
occurs infrequently or is
not likely to occur –
maybe once
in 10 years
onceonce at one other
organisationLow Low Medium Medium High
only occurs in
exceptional
circumstances, once in
11 years or greater
never never Low Low Low Low Medium
CONSEQUENCES LIKELIHOOD MATRIX
Timeframes and Corporate History
RISK RATING
Use this matrix for all risk management (this
includes decision-making at all levels, projects
and planning activities).
For further guidance or assistance with your risk
management activities, please contact the
Governance Team.
More information on how to perform a risk
assessment may be found in the Risk
Management Guidelines (available from the
Governance Team and on the intranet).
When considering risks, here are some ideas to
get you started:
# Financial Loss
# Breaches of legislation / regulations
# Damage to the environment
# Reduction in service quality or loss of a service
# Damage to Council assets or private property
# Inefficiencies and / or waste resources
# Litigation
# Loss of reputation / community dissatisfaction
# Inability to attract / retain qualified staff
Guidance
Likelihood
ALMOST
CERTAIN
(5)
LIKELY
(4)
POSSIBLE
(3)
UNLIKELY
(2)
RARE
(1)
Page 41 of 90
Integrated Financial Plan 2017-18 to 2031-32
Scenario Modelling and Sensitivity Analysis
Council’s 15-year Integrated Financial Plan is based on a range of assumptions including anticipated inflation on revenues and expenditures, ongoing external funding sources, interest rates and loan borrowing requirements, levels of
service, and improvements in asset management and renewal. Whilst some of these assumptions would have a relatively minor impact if they were to change, variations in other assumptions have the potential to significantly impact
future financial plans.
Scenario modelling and sensitivity analysis has been undertaken to establish the level of flexibility in the Integrated Financial Plan when subjected to both beneficial and/or negative variations to our baseline assumptions.
Six scenarios were developed and modelled - with variations to the key price drivers of CPI estimates and annual rate increases - to determine the capacity of the City to meet community expectations, maintain appropriate levels of
service, and to deliver its planned works program and improvements to asset management and renewal.
The scenarios developed were;
1. Baseline - Current Model
o based on existing key assumptions (as adopted by Council in the 2015-16 to 2030-31 Integrated Financial Plan); a 3.50% per annum rate increase, an additional 1.00% rate increase for five (5) years (from 2016-17 to 2020
-21) specifically for infrastructure development, and CPI rates as forecast in the 2016-17 WA State Government Budget
2. Scenario A - Lower Annual Rate Increases
o based on Council adopting a rate increase of 1.50% for the first two (2) years, 2.50% for next two (2) years, then 3.50% for the rest of the plan; all other key assumptions remain the same (ie: additional 1% rate increase
for infrastructure development, and CPI rates as forecast by the State Government)
3. Scenario B - Higher Annual Rate Increases
o based on Council adopting a rate increase of 4.50% for the first three (3) years, then 3.50% for the rest of the plan; all other key assumptions remain the same
4. Scenario C - Extending the 1% rate increase for Infrastructure Development
o based on Council adopting to extend the additional 1% rate increase for infrastructure development for a further five (5) years (2021-22 to 2025-26), whilst all other key assumptions remain the same (ie: 3.50% per
annum rate increase and CPI rates as forecast by the State Government)
5. Scenario D - Lower CPI Rate Increases
o based on CPI rates remaining low at 1.75% for the first two (2) years, increasing to 2.25% for the next two (2) years, then 2.50% for the rest of the plan; all other key assumptions remain the same
6. Scenario E - Lower Increases on both Annual Rates and CPI Rate
o based on a combination of Scenario A and D; Council adopting a rate increase of 1.50% for the first two (2) years, 2.50% for next two (2) years, then 3.50% for the rest of the plan; CPI rates remaining low at 1.75% for the
first two (2) years, increasing to 2.25% for the next two (2) years, then 2.50% for the rest of the plan; all other key assumptions remain the same
The results of this modelling (shown in the following graphs) were evaluated to ascertain the effect these variations have on Council’s net operating result and our ability to improve the asset renewal funding gap.
Page 42 of 90
Integrated Financial Plan 2017-18 to 2031-32
Comment
Rate revenue will be better than the Current Model if there were
a higher annual rate increase, an extension of the 1% for
Infrastructure Development, or lower CPI.
Lower rate increases result in a worse result than the Current
Model.
Higher annual rates result in an additional $17M over the life of
the plan; and the extension of the 1% for Infrastructure
Development for a further five (5) years, provides an extra
$19.6M over the IFP.
Comment
The effect of higher or lower rate increases can be clearly shown
in this graph.
Higher rate increases result in the City achieving an operating
surplus sooner, while any rate decrease prolongs the operating
deficit.
Changes in CPI have little effect.
Page 43 of 90
Integrated Financial Plan 2017-18 to 2031-32
Definition
Operating revenue minus operating expense, divided by own
source operating revenue.
Interpretation
15% or greater indicates the Council is achieving a strong
operating surplus which will enable future improvements in
service delivery and support asset management.
Lower than 0% indicates the Council is generating insufficient
revenue to sustain existing levels of service and adequately
maintain its assets.
Comment
Even with the higher rate increases, the City only achieves a basic
standard.
Definition
Own source operating revenue divided by operating expense.
Interpretation
Measures Council's ability to cover operating expenses from own
source revenue; the higher the ration, the more self-reliant the
Council is.
90% or greater represents low risk
60% or lower represents high risk
Comment
No significant changes in this ratio is noted from the difference
models used.
Page 44 of 90
Integrated Financial Plan 2017-18 to 2031-32
Definition
Capital renewal and replacement expenditure divided by
depreciation expense.
Interpretation
Measures the extent to which assets are being renewed or
replaced compared to the amount consumed (depreciation).
110% or greater indicates that the Council is investing in asset
renewal to the degree that offsets current asset consumption.
90% or less indicates that the Council is failing to allocate
sufficient funds for asset renewal.
Comment
The ability to allocate additional funds into capital renewal from
high rate increases significantly improves this ratio - especially
under the 'Extend 1% Rate Increase for Infrastructure' model.
Conversely, lower rate increases negatively effect the ratio.
Definition
Net present value (NPV) of planned capital works over ten (10)
years, divided by net present value (NPV) of required capital
renewals over ten (10) years.
Interpretation
Measures the extent to which assets are being renewed
compared to the amount consumed (depreciation).
95% or greater indicates that the Council is investing in asset
renewal to the degree that offsets the current consumption of its
assets.
75% or less indicates that the Council is failing to allocate
sufficient funds to asset renewal
Comment
Please refer to comments in the 'Asset Sustainability Ratio' above.
Page 45 of 90
Integrated Financial Plan 2017-18 to 2031-32
Interpretation
The Asset Renewal Funding Gap is the difference between what is
planned to be spent on asset renewal, over the fifteen (15) years
of the IFP, and what needs to be spent.
Comment
The Asset Renewal Funding Gap is significantly closed with the
extension of the additional 1% for Infrastructure Development for
a further five (5) years. Improvements can also be seen if high
rate increases are imposed.
Lower rate increases, on the other hand, significantly
increases the Asset Renewal Funding Gap.
Lower CPI has minimal impact.
In summary, it can be seen that;
o Scenario A (Lower Annual Rate Increases) has a detrimental effect on Council’s net operating deficit (compared to the baseline scenario) and severely influences Council’s ability to maintain service levels. It would also
significantly impacts the asset renewal funding gap, increasing this shortfall from $37.8M to $61.5M.
o Scenario B (Higher Annual Rate Increases) assists in reducing Council’s net operating deficit, and generates additional revenue which, if applied to asset management and renewal, would reduce our asset funding gap
from $37.8M to $20.8M.
o Scenario C (Extending additional 1% rate increase for Infrastructure Development) also reduces Council’s net operating deficit, generating an additional $19.6M ( over the life of the plan) specifically for the
Infrastructure Development Reserve. Utilising this additional reserve funding would significantly improve Council’s asset renewal funding gap, reducing the shortfall from $37.8M to just over $1.6M.
o Scenario D (Lower CPI Rate Increases) confirms that although low CPI rates would moderately increase rate revenue received, this would have minimal effect on Council’s net operating deficit when compared to the
baseline scenario.
o Scenario E (Lower Increases for both Annual Rates and CPI Rate) has a detrimental effect on Council’s net operating deficit, severely influences Council’s ability to maintain service levels, and negatively impacts the asset
renewal funding gap, increasing the gap from $37.8M to $56.7M.
The analysis of these scenarios supports the Council in making informed decisions regarding future financial plans.
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Integrated Financial Plan 2017-18 to 2031-32
Workforce Planning Strategies
The Workforce Plan has been developed to ensure that the City is well placed in terms of human resourcing requirements to enable the effective delivery of services, whist meeting community expectations. The Plan aims to deliver
outcomes in a manner consistent with the values of the Council and are in line with the adopted Strategic Community Plan. The Workforce Plan also helps to ensure that the City has the right people in the right place to build a
resilient and sustainable organisation.
The City of Bunbury aims to establish and maintain a professional approach that:
- Aligns the Workforce Plan strategies with the established strategic direction of the City
- Aspires to our position as a leader in local government and an employer of choice
- Incorporates the best practices of Human Resource Management for all employees and managers
- Ensures staff have a quality work life and contribute to the development of the organisation
- Builds a safety culture dedicated to employee 'wellness' and the prevention of injuries/ill health to all employees and volunteers
- Maintains a minimum permanent workforce to ensure effective service delivery
The City of Bunbury recognises the importance of the contribution of individuals and the consequent obligations to provide a safe, supportive and stimulating work environment for all its employees. The Council is faced with many
and varied challenges and some of these can be appropriately planned for, others can't be planned for.
The City's Workforce Plan supports the achievement of objectives in the "Strategic Community Plan: Bunbury 2030" by focussing attention on the important people issues within the Council. The plan will provide a strategic approach,
which supports managers and employees to effectively utilise the Council's human talent to achieve the goals of Council.
Employment costs at the City of Bunbury account for around half of the Council's operating budget. A strategic approach to the management of human resources at the City of Bunbury is critical. The Council's future success depends
on the skills, energy and commitment of its employees. The Council must attract, develop and retain employees by providing a working environment that will enable employees to maximise their contribution to the achievement of
the Council's Core Values, Mission and Vision.
The City of Bunbury recognises the importance of the contribution of individuals and the consequent obligations to provide a safe, supportive and stimulating work environment for all its employees. These issues will fundamentally
drive the Human Resource function and will provide the focus for the Workforce Plan.
The Council is faced with many and varied challenges and whilst some of these can be appropriately planned for in terms of workforce planning, there are some unknowns which cannot. In looking at the external environment in which
local government in Western Australia operates at present, there are ongoing uncertainties which create concern for staff. It is envisaged that the longer term planning for the City and the structuring of the Workforce Plan around the
community aspirations will assist in retaining our workforce.
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Integrated Financial Plan 2017-18 to 2031-32
Workforce Planning Strategies - continued
Key environmental trends impacting the City of Bunbury's workforce needs include:
- Increasing demand and community expectations for service delivery by government agencies, especially within local government
- Ageing communities and the related change in service demands
- Service provision impacts of providing infrastructure/services as the regional hub for the South West
- Resourcing and financial constraints requiring Councils to find alternative revenue streams
The Workforce plan is based on delivering current levels of service and the projects identified in the Integrated Financial Plan. In order to develop a long term financial plan, there is a need to make a number of assumptions and the
maintenance of staffing number is one of these.
The current Workforce Plan has a total of 295 full-time equivalents and this is expected to vary between 290 - 300 over the life of the plan. Therefore for forecasting purposes, the plan is based on a full-time equivalent of 295, noting
that this will vary year on year, based on the final inclusion of projects and services in the annual budget process. There is flexibility within the workforce plan to allow for use of full-time, part-time, contract and temporary staff to
deliver projects over the life of the Integrated Financial Plan.
Continued review of staff roles and a focus on ensuring optimum operational efficiencies and productivity will facilitate this going forward. The plan proposes building our leadership capability and putting in place a robust staff
development program so that we have the necessary skills to deliver the required level of service now and into the future.
Corporate Structure
Chief Executive Officer
Office of the CEO Corporate & Community Services Works & ServicesFinance Arts and Culture Assets and Projects
Governance Community and Library Services Building and Trades
Major Projects and Property Information, Communication and Technology
Planning, Development & Regulatory Services Community Law, Safety and Emergency Management, and
Environmental Health
Sustainability, Planning and Development Services Engineering, Transport and Traffic Management
Organisational Development and Human Resources Sport and Recreation Landscaping and Open Space
Tourism and Events Waste Operations
This structure has been developed to guide flexibility in service delivery, whilst maintaining what has been identified as the core services and activities of Council.
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Integrated Financial Plan 2017-18 to 2031-32
Asset Management
Council has adopted a strategic approach to asset management and has developed an asset management plan that will be continually reviewed and updated. The Asset Management Plan (AMP) will assist Council in predicting
infrastructure consumption and asset renewal needs, as well as identifying the additional expenditure required to renew or preserve current assets (renewal gap). This renewal gap will be addressed in future revisions of the
Integrated Financial Plan (IFP) and will be the focus of future budgets.
Funding for the renewal of assets will need to be increased to ensure sustainability. The continued allocation of funding towards the renewal of assets and funding for maintenance and upgrades will result in positive community
outcomes.
New asset acquisitions will be funded from external grants, loan borrowings, cash reserves and future operating surpluses.
Assumptions and General Information regarding the Asset Management Plan
General information applying to all asset classes
* The funding gap information provided within the AMP continues to be refined using additional data collected in the interim period.
* The bulk of the work undertaken to date has focused on the City’s infrastructure assets which represent the bulk of City’s asset risk and associated renewal funding requirements.
* All AMP targets provided are based on information available to date. Further improvements to the data relating to City assets (data knowledge and associated funding model predictions) will result in changes to
the gap analysis funding requirements.
* The AMP Funding Target represents the recommended renewal funding requirements derived from the City’s AMP. Values are based on the City’s current asset portfolio and levels of service; noting that any
future changes will affect the predicted levels of funding required.
* All Capital Expenditure totals are gross and do not include any grant or other project related income.
* Renewal forecasting is based on current asset condition and current replacement cost. To meet the requirements of changes to depreciation, future renewal forecasting and depreciation will include both asset
useful life and asset condition.
* Renewal Calculation - all ‘upgrade’ projects include a renewal component; this has been estimated at 80% of the project value as an average value across all asset classes.
* Unless otherwise stated below, AMP target expenditure is based on ‘normalised’ values and current predicted useful lives and incorporates condition inspection where completed.
Asset Specific Information by asset class
* Buildings The AMP target is based on current depreciation. The City is undertaking a detailed fair value and renewal valuation on City owned buildings during 2015-16 in accordance with the
Integrated Planning Framework reporting requirements. This will provide more accurate funding information which will be used in future revisions. In addition, work will be completed
during the current financial year to develop a 10-year forward works programme for the City’s major buildings, whilst at the same time building ownership and associated asset management
responsibilities are being reviewed for some buildings currently listed on the City’s asset register, to develop a consistent approach to the management and ownership of public buildings.
Note; new building capital expenditure represents 46% of all budgeted new capital expenditure for the forecast period.
* Furniture & Fittings This is a minor asset class which requires further data interrogation, which will be undertaken in future years. The AMP funding gap target is based on 2014-15 depreciation for the current
asset class inventory.
* Plant & Vehicles The current AMP target is based on current asset class data. The City is currently undertaking a review of its plant and vehicle requirements which will result in changes to future renewal
funding requirements. The AMP target will be updated when this review has been completed and implementation of any changes commenced.
* Equipment This is a minor asset class which requires further data interrogation, which will be undertaken in future years. The AMP funding gap target is based on 2014-15 depreciation for the current
asset class inventory.
* IT Equipment This is a minor asset class which requires further data interrogation, which will be undertaken in future years. The AMP funding gap target is based on 2014-15 depreciation for the current
asset class inventory. In addition, the City is undertaking a review of the way it manages its IT delivery and associated assets, which may result in future changes to renewal funding
requirements. Any changes will be reflected in future versions of the IFP. Note; depreciation excludes software.
* Parking Equipment This is a minor asset class which requires further data interrogation, which will be undertaken in future years. The AMP funding gap target is based on 2014-15 depreciation for the current
asset class inventory.
* Arts & Culture This is a minor asset class which requires further data interrogation, which will be undertaken in future years. The AMP funding gap target is based on 2014-15 depreciation for the current
asset class inventory and excludes the Library digital laser screen.
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Integrated Financial Plan 2017-18 to 2031-32
Assumptions and General Information regarding the Asset Management Plan
* Other Assets This class has been established to include the Leschenault Inlet Masterplan (LIMP) Precinct 4 project within the IFP. This project will include new, upgrade and renewal project components
across multiple asset classes. At this point in time, the project funding has not been finalised, nor has it been developed to a detailed project scope level. This project represents 24% of all
budgeted new capital expenditure.
* Bridges Renewal projects have been identified for specific bridges and reflect the cumulative AMP target expenditure requirements.
* Bus Shelters The bus shelter replacement programme is developed in conjunction with the Public Transport Authority (PTA), and may not be reflective of renewal projections based solely on asset data,
as passenger usage data is also included in the development of the programme.
* Lighting AMP funding target provides for replacement of City owned lighting. This includes street lighting owned by the City, pathway lighting, sportsground lighting, security, airport, playground,
and information bay lighting.
* Marine Increased expenditure in the years 2018 to 2020, where the AMP funding gap has closed significantly, reflects the positive asset renewal performance for this asset class over the period.
* Open Space Increased expenditure in the years 2017 to 2021 reflects the positive asset renewal performance for this asset class over the period.
* Pathways AMP expenditure targets provide for replacement of pathway assets. Council has also resolved to expand the City's path network by one kilometre per annum.
* Refuse AMP expenditure targets include renewal funding for City owned refuse assets, including bin surrounds, and is based on annual requirements that result in flattened and consistent annual
expenditure for the plan period.
* Roads AMP expenditure targets include renewal funding requirements for road seal, surface and pavement only. The totals have been flattened over the period to provide consistent annual
expenditure for renewal projects. Backlog works are also included within the target.
* Signs AMP funding target provides for replacement of street name and non regulatory signs including advisory, tourist, information and parking signs.
* Stormwater AMP expenditure targets are based on current known data collected and extrapolated to 100% to cover all stormwater assets. The target also incorporates an upgrade component to ensure
an increase in stormwater management capacity.
* Structures AMP expenditure target provides for replacement of barriers, guardrails, shelters/shade sails, boardwalks, lookouts, stairways/steps, fences, flag poles, walls and retaining walls, entry
statements, sporting structures, and public art.
Definition
Depreciated replacement cost of assets divided by current replacement cost of
depreciable assets.
Interpretation
Measures the extent to which depreciable assets have been consumed by
comparing their written down value to their replacement cost.
60% or greater indicates the Council is investing in asset renewal.
50% or less indicates the Council is having difficulty undertaking a sustained
capital renewal program.
Comment
Assets are maintained at an advanced standard over the life of the IFP.
Asset Management Ratios
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Integrated Financial Plan 2017-18 to 2031-32
Definition
Net present value (NPV) of planned capital works over ten (10) years, divided by
net present value (NPV) of required capital renewals over ten (10) years.
Interpretation
Measures the extent to which assets are being renewed compared to the
amount consumed (depreciation).
95% or greater indicates that the Council is investing in asset renewal to the
degree that offsets the current consumption of its assets.
75% or less indicates that the Council is failing to allocate sufficient funds to
asset renewal.
Comment
The amount of asset renewal (as a 10 year average) continues to improve over
the IFP. Due to the ratio being based on a 10 year average the ratio can only be
calculated to 2022-23.
Asset Management Ratios
Definition
Capital renewal and replacement expenditure divided by depreciation expense.
Interpretation
Measures the extent to which assets are being renewed or replaced compared
to the amount consumed (depreciation).
110% or greater indicates that the Council is investing in asset renewal to the
degree that offsets the current consumption of its assets.
90% or less indicates that the Council is failing to allocate sufficient funds for
asset renewal.
Comment
The ratio indicates that the City needs to allocate more capital expenditure on
asset renewal. This trend is supported by the Asset Management Plan Funding
Gap shown on pages 52 - 56.
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Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class - Summary Draft Budget Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast TOTAL
Asset Management Plan Gap Analysis 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 Over 15 Yrs
Arts and Culture
Capital - New (Expansion) 15,000 15,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 290,000
Capital - Renewal 10,000 16,779 16,920 17,061 17,317 17,577 17,840 18,108 18,380 18,655 18,935 19,219 19,507 19,800 20,000 266,098
Capital - Upgrade - - - - - - - - - - - - - - - -
Total 25,000 31,779 36,920 37,061 37,317 37,577 37,840 38,108 38,380 38,655 38,935 39,219 39,507 39,800 40,000 556,098
Renewal Calculation
Capital - Renewal 100% 10,000 16,779 16,920 17,061 17,317 17,577 17,840 18,108 18,380 18,655 18,935 19,219 19,507 19,800 20,000 266,098
Capital - Upgrade 80% - - - - - - - - - - - - - - - -
Total Renewal Expenditure 10,000 16,779 16,920 17,061 17,317 17,577 17,840 18,108 18,380 18,655 18,935 19,219 19,507 19,800 20,000 266,098
Asset Management Plan (AMP) Target 17,854 17,854 17,854 17,854 17,854 17,854 17,854 17,854 17,854 17,854 17,854 17,854 17,854 17,854 17,854 267,810
AMP Funding Gap (7,854) (1,075) (934) (793) (537) (277) (14) 254 526 801 1,081 1,365 1,653 1,946 2,146 (1,712)
Bridges
Capital - New (Expansion) - - - - - - - - - - - - - - - -
Capital - Renewal - 400,000 - - 20,000 - - 25,000 - - 75,000 85,000 - 30,000 - 635,000
Capital - Upgrade - - - - - - - - - - - - - - - -
Total - 400,000 - - 20,000 - - 25,000 - - 75,000 85,000 - 30,000 - 635,000
Renewal Calculation
Capital - Renewal 100% - 400,000 - - 20,000 - - 25,000 - - 75,000 85,000 - 30,000 - 635,000
Capital - Upgrade 80% - - - - - - - - - - - - - - - -
Total Renewal Expenditure - 400,000 - - 20,000 - - 25,000 - - 75,000 85,000 - 30,000 - 635,000
Asset Management Plan (AMP) Target 401,050 1,750 2,550 3,300 4,100 4,850 6,050 7,925 10,850 14,850 19,400 23,350 24,440 24,990 24,990 574,445
AMP Funding Gap (401,050) 398,250 (2,550) (3,300) 15,900 (4,850) (6,050) 17,075 (10,850) (14,850) 55,600 61,650 (24,440) 5,010 (24,990) 60,555
Buildings
Capital - New (Expansion) 6,000,000 3,000,000 200,000 - - - - - 2,000,000 - - 2,000,000 30,000 300,000 7,500,000 21,030,000
Capital - Renewal 415,541 665,148 50,000 50,000 1,000,000 875,000 1,300,000 1,000,000 1,550,000 2,000,000 2,100,000 2,000,000 5,500,000 3,000,000 4,400,000 25,905,689
Capital - Upgrade 182,000 355,000 370,000 320,000 20,000 20,000 20,000 20,000 20,000 520,000 520,000 520,000 20,000 20,000 20,000 2,947,000
Total 6,597,541 4,020,148 620,000 370,000 1,020,000 895,000 1,320,000 1,020,000 3,570,000 2,520,000 2,620,000 4,520,000 5,550,000 3,320,000 11,920,000 49,882,689
Renewal Calculation
Capital - Renewal 100% 415,541 665,148 50,000 50,000 1,000,000 875,000 1,300,000 1,000,000 1,550,000 2,000,000 2,100,000 2,000,000 5,500,000 3,000,000 4,400,000 25,905,689
Capital - Upgrade 80% 145,600 284,000 296,000 256,000 16,000 16,000 16,000 16,000 16,000 416,000 416,000 416,000 16,000 16,000 16,000 2,357,600
Total Renewal Expenditure 561,141 949,148 346,000 306,000 1,016,000 891,000 1,316,000 1,016,000 1,566,000 2,416,000 2,516,000 2,416,000 5,516,000 3,016,000 4,416,000 28,263,289
Asset Management Plan (AMP) Target 2,532,664 2,532,664 2,532,664 2,532,664 2,532,664 2,532,664 2,532,664 2,532,664 2,532,664 2,532,664 2,532,664 2,532,664 2,532,664 2,532,664 2,532,664 37,989,960
AMP Funding Gap (1,971,523) (1,583,516) (2,186,664) (2,226,664) (1,516,664) (1,641,664) (1,216,664) (1,516,664) (966,664) (116,664) (16,664) (116,664) 2,983,336 483,336 1,883,336 (9,726,671)
Bus Shelters
Capital - New (Expansion) - - - - - - - - - - - - - - - -
Capital - Renewal 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 300,000
Capital - Upgrade - - - - - - - - - - - - - - - -
Total 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 300,000
Renewal Calculation
Capital - Renewal 100% 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 300,000
Capital - Upgrade 80% - - - - - - - - - - - - - - - -
Total Renewal Expenditure 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 300,000
Asset Management Plan (AMP) Target 12,100 14,625 16,720 19,285 23,200 28,150 33,625 37,385 40,070 43,750 50,700 60,200 69,520 73,470 73,470 596,270
AMP Funding Gap 7,900 5,375 3,280 715 (3,200) (8,150) (13,625) (17,385) (20,070) (23,750) (30,700) (40,200) (49,520) (53,470) (53,470) (296,270)
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Capital Expenditure by Asset Class - Summary Draft Budget Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast TOTAL
Asset Management Plan Gap Analysis 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 Over 15 Yrs
Equipment
Capital - New (Expansion) 778,600 193,000 233,000 233,000 233,000 233,000 233,000 264,295 100,000 100,000 100,000 100,000 100,000 100,000 100,000 3,100,895
Capital - Renewal 144,750 62,875 10,225 30,080 7,235 33,645 72,270 36,750 76,710 50,290 20,185 59,290 20,420 7,430 - 632,155
Capital - Upgrade 19,800 - - - - - - - - - - - - - - 19,800
Total 943,150 255,875 243,225 263,080 240,235 266,645 305,270 301,045 176,710 150,290 120,185 159,290 120,420 107,430 100,000 3,752,850
Renewal Calculation
Capital - Renewal 100% 144,750 62,875 10,225 30,080 7,235 33,645 72,270 36,750 76,710 50,290 20,185 59,290 20,420 7,430 - 632,155
Capital - Upgrade 80% 15,840 - - - - - - - - - - - - - - 15,840
Total Renewal Expenditure 160,590 62,875 10,225 30,080 7,235 33,645 72,270 36,750 76,710 50,290 20,185 59,290 20,420 7,430 - 647,995
Asset Management Plan (AMP) Target 265,785 265,785 265,785 265,785 265,785 265,785 265,785 265,785 265,785 265,785 265,785 265,785 265,785 265,785 265,785 3,986,775
AMP Funding Gap (105,195) (202,910) (255,560) (235,705) (258,550) (232,140) (193,515) (229,035) (189,075) (215,495) (245,600) (206,495) (245,365) (258,355) (265,785) (3,338,780)
IT Equipment
Capital - New (Expansion) - - - - - - - - - - - - - - - -
Capital - Renewal 388,000 90,000 145,000 85,000 85,000 385,000 125,000 85,000 85,000 85,000 385,000 125,000 85,000 85,000 85,000 2,323,000
Capital - Upgrade 45,000 - - - - - - - - - - - - - - 45,000
Total 433,000 90,000 145,000 85,000 85,000 385,000 125,000 85,000 85,000 85,000 385,000 125,000 85,000 85,000 85,000 2,368,000
Renewal Calculation
Capital - Renewal 100% 388,000 90,000 145,000 85,000 85,000 385,000 125,000 85,000 85,000 85,000 385,000 125,000 85,000 85,000 85,000 2,323,000
Capital - Upgrade 80% 36,000 - - - - - - - - - - - - - - 36,000
Total Renewal Expenditure 424,000 90,000 145,000 85,000 85,000 385,000 125,000 85,000 85,000 85,000 385,000 125,000 85,000 85,000 85,000 2,359,000
Asset Management Plan (AMP) Target 378,717 378,717 378,717 378,717 378,717 378,717 378,717 378,717 378,717 378,717 378,717 378,717 378,717 378,717 378,717 5,680,755
AMP Funding Gap 45,283 (288,717) (233,717) (293,717) (293,717) 6,283 (253,717) (293,717) (293,717) (293,717) 6,283 (253,717) (293,717) (293,717) (293,717) (3,321,755)
Parking Equipment
Capital - New (Expansion) - - - - - - - - - - - - - - - -
Capital - Renewal - 15,000 15,000 - 315,000 - - 315,000 - - 315,000 - - 315,000 - 1,290,000
Capital - Upgrade - - - - - - - - - - - - - - - -
Total - 15,000 15,000 - 315,000 - - 315,000 - - 315,000 - - 315,000 - 1,290,000
Renewal Calculation
Capital - Renewal 100% - 15,000 15,000 - 315,000 - - 315,000 - - 315,000 - - 315,000 - 1,290,000
Capital - Upgrade 80% - - - - - - - - - - - - - - - -
Total Renewal Expenditure - 15,000 15,000 - 315,000 - - 315,000 - - 315,000 - - 315,000 - 1,290,000
Asset Management Plan (AMP) Target 127,244 127,244 127,244 127,244 127,244 127,244 127,244 127,244 127,244 127,244 127,244 127,244 127,244 127,244 127,244 1,908,660
AMP Funding Gap (127,244) (112,244) (112,244) (127,244) 187,756 (127,244) (127,244) 187,756 (127,244) (127,244) 187,756 (127,244) (127,244) 187,756 (127,244) (618,660)
Furniture and Fittings
Capital - New (Expansion) - - - - - - - - - - - - - - - -
Capital - Renewal 97,000 85,640 47,515 44,535 21,960 23,815 51,455 45,610 81,710 25,430 62,065 33,155 29,740 23,300 10,000 682,930
Capital - Upgrade - - - - - - - - - - - - - - - -
Total 97,000 85,640 47,515 44,535 21,960 23,815 51,455 45,610 81,710 25,430 62,065 33,155 29,740 23,300 10,000 682,930
Renewal Calculation
Capital - Renewal 100% 97,000 85,640 47,515 44,535 21,960 23,815 51,455 45,610 81,710 25,430 62,065 33,155 29,740 23,300 10,000 682,930
Capital - Upgrade 80% - - - - - - - - - - - - - - - -
Total Renewal Expenditure 97,000 85,640 47,515 44,535 21,960 23,815 51,455 45,610 81,710 25,430 62,065 33,155 29,740 23,300 10,000 682,930
Asset Management Plan (AMP) Target 52,046 52,046 52,046 52,046 52,046 52,046 52,046 52,046 52,046 52,046 52,046 52,046 52,046 52,046 52,046 780,690
AMP Funding Gap 44,954 33,594 (4,531) (7,511) (30,086) (28,231) (591) (6,436) 29,664 (26,616) 10,019 (18,891) (22,306) (28,746) (42,046) (97,760)
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Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class - Summary Draft Budget Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast TOTAL
Asset Management Plan Gap Analysis 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 Over 15 Yrs
Lighting
Capital - New (Expansion) 20,000 20,000 20,000 20,000 70,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 350,000
Capital - Renewal - - - - - - - - - 180,000 600,000 600,000 620,000 - - 2,000,000
Capital - Upgrade - 210,000 - 150,000 - - - - - - - - - - - 360,000
Total 20,000 230,000 20,000 170,000 70,000 20,000 20,000 20,000 20,000 200,000 620,000 620,000 640,000 20,000 20,000 2,710,000
Renewal Calculation
Capital - Renewal 100% - - - - - - - - - 180,000 600,000 600,000 620,000 - - 2,000,000
Capital - Upgrade 80% - 168,000 - 120,000 - - - - - - - - - - - 288,000
Total Renewal Expenditure - 168,000 - 120,000 - - - - - 180,000 600,000 600,000 620,000 - - 2,288,000
Asset Management Plan (AMP) Target 207,645 230,300 250,730 266,875 277,225 278,525 272,865 262,380 253,000 245,550 241,745 238,550 236,450 233,530 233,530 3,728,900
AMP Funding Gap (207,645) (62,300) (250,730) (146,875) (277,225) (278,525) (272,865) (262,380) (253,000) (65,550) 358,255 361,450 383,550 (233,530) (233,530) (1,440,900)
Marine
Capital - New (Expansion) - 347,906 - - - - - - - - - - - - - 347,906
Capital - Renewal 800,000 845,000 800,000 45,000 - 145,000 100,000 145,000 100,000 145,000 100,000 145,000 100,000 145,000 100,000 3,715,000
Capital - Upgrade - - - - - - - - - - - - - - - -
Total 800,000 1,192,906 800,000 45,000 - 145,000 100,000 145,000 100,000 145,000 100,000 145,000 100,000 145,000 100,000 4,062,906
Renewal Calculation
Capital - Renewal 100% 800,000 845,000 800,000 45,000 - 145,000 100,000 145,000 100,000 145,000 100,000 145,000 100,000 145,000 100,000 3,715,000
Capital - Upgrade 80% - - - - - - - - - - - - - - - -
Total Renewal Expenditure 800,000 845,000 800,000 45,000 - 145,000 100,000 145,000 100,000 145,000 100,000 145,000 100,000 145,000 100,000 3,715,000
Asset Management Plan (AMP) Target 346,725 320,650 253,275 171,400 100,290 52,100 30,775 29,000 48,395 88,995 156,175 246,150 354,100 468,000 468,000 3,134,030
AMP Funding Gap 453,275 524,350 546,725 (126,400) (100,290) 92,900 69,225 116,000 51,605 56,005 (56,175) (101,150) (254,100) (323,000) (368,000) 580,970
Open Space
Capital - New (Expansion) 225,500 - - - - - - - - - - - - 7,300,000 - 7,525,500
Capital - Renewal 673,500 530,000 704,500 730,000 510,000 360,000 486,000 386,000 1,394,000 250,000 524,000 250,000 350,000 260,000 250,000 7,658,000
Capital - Upgrade 320,000 100,000 212,000 - - - - - - - - - - - - 632,000
Total 1,219,000 630,000 916,500 730,000 510,000 360,000 486,000 386,000 1,394,000 250,000 524,000 250,000 350,000 7,560,000 250,000 15,815,500
Renewal Calculation
Capital - Renewal 100% 673,500 530,000 704,500 730,000 510,000 360,000 486,000 386,000 1,394,000 250,000 524,000 250,000 350,000 260,000 250,000 7,658,000
Capital - Upgrade 80% 256,000 80,000 169,600 - - - - - - - - - - - - 505,600
Total Renewal Expenditure 929,500 610,000 874,100 730,000 510,000 360,000 486,000 386,000 1,394,000 250,000 524,000 250,000 350,000 260,000 250,000 8,163,600
Asset Management Plan (AMP) Target 244,480 347,095 466,465 592,725 711,185 798,375 834,890 808,145 735,160 642,780 576,720 554,790 586,410 652,665 652,665 9,204,550
AMP Funding Gap 685,020 262,905 407,635 137,275 (201,185) (438,375) (348,890) (422,145) 658,840 (392,780) (52,720) (304,790) (236,410) (392,665) (402,665) (1,040,950)
Pathways
Capital - New (Expansion) 200,000 460,000 460,000 260,000 260,000 260,000 292,000 260,000 260,000 260,000 260,000 260,000 260,000 260,000 260,000 4,272,000
Capital - Renewal 215,000 100,000 200,000 477,000 400,000 500,000 425,000 500,000 750,000 860,000 1,325,000 1,490,000 1,400,000 1,450,000 1,500,000 11,592,000
Capital - Upgrade 200,000 - - - - 800,000 20,000 150,000 - 150,000 175,000 - - - - 1,495,000
Total 615,000 560,000 660,000 737,000 660,000 1,560,000 737,000 910,000 1,010,000 1,270,000 1,760,000 1,750,000 1,660,000 1,710,000 1,760,000 17,359,000
Renewal Calculation
Capital - Renewal 100% 215,000 100,000 200,000 477,000 400,000 500,000 425,000 500,000 750,000 860,000 1,325,000 1,490,000 1,400,000 1,450,000 1,500,000 11,592,000
Capital - Upgrade 80% 160,000 - - - - 640,000 16,000 120,000 - 120,000 140,000 - - - - 1,196,000
Total Renewal Expenditure 375,000 100,000 200,000 477,000 400,000 1,140,000 441,000 620,000 750,000 980,000 1,465,000 1,490,000 1,400,000 1,450,000 1,500,000 12,788,000
Asset Management Plan (AMP) Target 253,860 263,550 343,650 485,170 681,080 899,120 1,109,890 1,274,375 1,383,240 1,433,355 1,455,440 1,475,250 1,505,590 1,538,025 1,538,025 15,639,620
AMP Funding Gap 121,140 (163,550) (143,650) (8,170) (281,080) 240,880 (668,890) (654,375) (633,240) (453,355) 9,560 14,750 (105,590) (88,025) (38,025) (2,851,620)
Page 54 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class - Summary Draft Budget Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast TOTAL
Asset Management Plan Gap Analysis 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 Over 15 Yrs
Plant and Vehicles
Capital - New (Expansion) - - - - - - - - - - - - - - - -
Capital - Renewal 1,796,746 2,201,441 1,819,184 1,747,890 2,134,863 1,029,537 2,129,264 1,706,121 2,063,685 1,230,096 1,487,579 2,205,062 1,353,719 1,460,431 2,479,233 26,844,851
Capital - Upgrade - - - - - - - - - - - - - - - -
Total 1,796,746 2,201,441 1,819,184 1,747,890 2,134,863 1,029,537 2,129,264 1,706,121 2,063,685 1,230,096 1,487,579 2,205,062 1,353,719 1,460,431 2,479,233 26,844,851
Renewal Calculation
Capital - Renewal 100% 1,796,746 2,201,441 1,819,184 1,747,890 2,134,863 1,029,537 2,129,264 1,706,121 2,063,685 1,230,096 1,487,579 2,205,062 1,353,719 1,460,431 2,479,233 26,844,851
Capital - Upgrade 80% - - - - - - - - - - - - - - - -
Total Renewal Expenditure 1,796,746 2,201,441 1,819,184 1,747,890 2,134,863 1,029,537 2,129,264 1,706,121 2,063,685 1,230,096 1,487,579 2,205,062 1,353,719 1,460,431 2,479,233 26,844,851
Asset Management Plan (AMP) Target 2,063,250 2,115,000 2,115,000 2,087,950 2,069,300 2,066,750 2,090,650 2,110,600 2,126,100 2,110,100 2,086,650 2,051,500 2,066,750 2,087,000 2,087,000 31,333,600
AMP Funding Gap (266,504) 86,441 (295,816) (340,060) 65,563 (1,037,213) 38,614 (404,479) (62,415) (880,004) (599,071) 153,562 (713,031) (626,569) 392,233 (4,488,749)
Refuse
Capital - New (Expansion) - - - - - - - - - - - - - - - -
Capital - Renewal 84,500 84,500 87,500 87,500 89,000 89,000 90,500 90,500 92,000 92,000 93,500 93,500 95,000 95,000 96,500 1,360,500
Capital - Upgrade - - - - - - - - - - - - - - - -
Total 84,500 84,500 87,500 87,500 89,000 89,000 90,500 90,500 92,000 92,000 93,500 93,500 95,000 95,000 96,500 1,360,500
Renewal Calculation
Capital - Renewal 100% 84,500 84,500 87,500 87,500 89,000 89,000 90,500 90,500 92,000 92,000 93,500 93,500 95,000 95,000 96,500 1,360,500
Capital - Upgrade 80% - - - - - - - - - - - - - - - -
Total Renewal Expenditure 84,500 84,500 87,500 87,500 89,000 89,000 90,500 90,500 92,000 92,000 93,500 93,500 95,000 95,000 96,500 1,360,500
Asset Management Plan (AMP) Target 84,500 84,500 87,500 87,500 89,000 89,000 90,500 90,500 92,000 92,000 93,500 93,500 95,000 95,000 96,500 1,360,500
AMP Funding Gap - - - - - - - - - - - - - - - -
Roads
Capital - New (Expansion) - 79,000 - - - - - - - 100,000 - - - - - 179,000
Capital - Renewal 1,070,000 1,682,000 924,000 1,808,000 2,281,000 1,804,000 1,608,000 1,608,000 1,408,000 1,408,000 1,408,000 1,408,000 1,408,000 1,408,000 1,408,000 22,641,000
Capital - Upgrade 1,729,000 1,140,000 3,595,000 3,070,000 3,550,000 2,416,800 1,920,000 1,656,000 1,080,000 1,670,000 1,500,000 960,000 1,670,000 1,670,000 1,670,000 29,296,800
Total 2,799,000 2,901,000 4,519,000 4,878,000 5,831,000 4,220,800 3,528,000 3,264,000 2,488,000 3,178,000 2,908,000 2,368,000 3,078,000 3,078,000 3,078,000 52,116,800
Renewal Calculation
Capital - Renewal 100% 1,070,000 1,682,000 924,000 1,808,000 2,281,000 1,804,000 1,608,000 1,608,000 1,408,000 1,408,000 1,408,000 1,408,000 1,408,000 1,408,000 1,408,000 22,641,000
Capital - Upgrade 80% 1,383,200 912,000 2,876,000 2,456,000 2,840,000 1,933,440 1,536,000 1,324,800 864,000 1,336,000 1,200,000 768,000 1,336,000 1,336,000 1,336,000 23,437,440
Total Renewal Expenditure 2,453,200 2,594,000 3,800,000 4,264,000 5,121,000 3,737,440 3,144,000 2,932,800 2,272,000 2,744,000 2,608,000 2,176,000 2,744,000 2,744,000 2,744,000 46,078,440
Asset Management Plan (AMP) Target 3,950,125 3,575,000 3,346,000 3,950,100 4,150,000 3,050,000 3,850,000 3,700,100 3,960,000 3,780,000 3,690,100 3,840,500 3,260,250 3,502,500 3,502,500 55,107,175
AMP Funding Gap (1,496,925) (981,000) 454,000 313,900 971,000 687,440 (706,000) (767,300) (1,688,000) (1,036,000) (1,082,100) (1,664,500) (516,250) (758,500) (758,500) (9,028,735)
Signs
Capital - New (Expansion) - - - - - - - - - - - - - - - -
Capital - Renewal 20,000 - 20,000 10,000 20,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 80,000 80,000 830,000
Capital - Upgrade - - - - - - - - - - - - - - - -
Total 20,000 - 20,000 10,000 20,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 80,000 80,000 830,000
Renewal Calculation
Capital - Renewal 100% 20,000 - 20,000 10,000 20,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 80,000 80,000 830,000
Capital - Upgrade 80% - - - - - - - - - - - - - - - -
Total Renewal Expenditure 20,000 - 20,000 10,000 20,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 80,000 80,000 830,000
Asset Management Plan (AMP) Target 16,620 19,060 23,545 29,690 39,240 52,795 70,025 88,050 101,950 105,985 98,080 81,180 61,995 46,695 46,695 881,605
AMP Funding Gap 3,380 (19,060) (3,545) (19,690) (19,240) 22,205 4,975 (13,050) (26,950) (30,985) (23,080) (6,180) 13,005 33,305 33,305 (51,605)
Page 55 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class - Summary Draft Budget Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast TOTAL
Asset Management Plan Gap Analysis 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 Over 15 Yrs
Stormwater
Capital - New (Expansion) 220,000 - - - - - - - - - - - - - - 220,000
Capital - Renewal 775,000 240,000 375,000 695,000 1,325,000 1,275,000 1,875,000 1,845,000 1,775,000 2,025,000 1,775,000 1,895,000 1,775,000 1,775,000 1,775,000 21,200,000
Capital - Upgrade 1,481,095 - - - - - 194,500 - - - - - - - - 1,675,595
Total 2,476,095 240,000 375,000 695,000 1,325,000 1,275,000 2,069,500 1,845,000 1,775,000 2,025,000 1,775,000 1,895,000 1,775,000 1,775,000 1,775,000 23,095,595
Renewal Calculation
Capital - Renewal 100% 775,000 240,000 375,000 695,000 1,325,000 1,275,000 1,875,000 1,845,000 1,775,000 2,025,000 1,775,000 1,895,000 1,775,000 1,775,000 1,775,000 21,200,000
Capital - Upgrade 80% 1,184,876 - - - - - 155,600 - - - - - - - - 1,340,476
Total Renewal Expenditure 1,959,876 240,000 375,000 695,000 1,325,000 1,275,000 2,030,600 1,845,000 1,775,000 2,025,000 1,775,000 1,895,000 1,775,000 1,775,000 1,775,000 22,540,476
Asset Management Plan (AMP) Target 760,000 1,250,000 1,175,000 1,380,000 1,840,000 1,975,000 1,845,000 1,975,000 1,875,000 1,990,000 1,640,000 1,575,000 1,435,000 1,355,000 1,355,000 23,425,000
AMP Funding Gap 1,199,876 (1,010,000) (800,000) (685,000) (515,000) (700,000) 185,600 (130,000) (100,000) 35,000 135,000 320,000 340,000 420,000 420,000 (884,524)
Structures
Capital - New (Expansion) 35,000 80,000 25,000 75,000 25,000 135,000 105,000 75,000 25,000 75,000 25,000 75,000 25,000 75,000 25,000 880,000
Capital - Renewal 52,308 31,000 54,000 21,000 326,000 401,000 41,000 146,000 51,000 1,201,000 866,000 746,000 526,000 196,000 281,000 4,939,308
Capital - Upgrade - - - - - - - - - - - - - - - -
Total 87,308 111,000 79,000 96,000 351,000 536,000 146,000 221,000 76,000 1,276,000 891,000 821,000 551,000 271,000 306,000 5,819,308
Renewal Calculation
Capital - Renewal 100% 52,308 31,000 54,000 21,000 326,000 401,000 41,000 146,000 51,000 1,201,000 866,000 746,000 526,000 196,000 281,000 4,939,308
Capital - Upgrade 80% - - - - - - - - - - - - - - - -
Total Renewal Expenditure 52,308 31,000 54,000 21,000 326,000 401,000 41,000 146,000 51,000 1,201,000 866,000 746,000 526,000 196,000 281,000 4,939,308
Asset Management Plan (AMP) Target 585,615 681,050 490,180 342,155 258,450 226,760 228,515 241,640 273,470 311,010 349,375 374,050 370,290 332,265 332,265 5,397,090
AMP Funding Gap (533,307) (650,050) (436,180) (321,155) 67,550 174,240 (187,515) (95,640) (222,470) 889,990 516,625 371,950 155,710 (136,265) (51,265) (457,782)
Multiple Asset Classes
Capital - New (Expansion) 8,115,700 - 250,000 10,980,196 - - - - - - - - - - - 19,345,896
Capital - Renewal - - - - - - - - - - - - - - - -
Capital - Upgrade - - - - - - - - - - - - - - - -
Total 8,115,700 - 250,000 10,980,196 - - - - - - - - - - - 19,345,896
Renewal Calculation
Capital - Renewal 100% - - - - - - - - - - - - - - - -
Capital - Upgrade 80% - - - - - - - - - - - - - - - -
Total Renewal Expenditure - - - - - - - - - - - - - - - -
Asset Management Plan (AMP) Target - - - - - - - - - - - - - - - -
AMP Funding Gap - - - - - - - - - - - - - - - -
ALL ASSET CLASSES
Capital - New (Expansion) 15,609,800 4,194,906 1,208,000 11,588,196 608,000 668,000 670,000 639,295 2,425,000 575,000 425,000 2,475,000 455,000 8,075,000 7,925,000 57,541,197
Capital - Renewal 6,562,345 7,069,383 5,288,844 5,868,066 8,572,375 7,033,574 8,416,329 8,047,089 9,540,485 9,665,471 11,250,264 11,249,226 13,377,386 10,369,961 12,504,733 134,815,531
Capital - Upgrade 3,976,895 1,805,000 4,177,000 3,540,000 3,570,000 3,236,800 2,154,500 1,826,000 1,100,000 2,340,000 2,195,000 1,480,000 1,690,000 1,690,000 1,690,000 36,471,195
Total 26,149,040 13,069,289 10,673,844 20,996,262 12,750,375 10,938,374 11,240,829 10,512,384 13,065,485 12,580,471 13,870,264 15,204,226 15,522,386 20,134,961 22,119,733 228,827,923
Renewal Calculation
Capital - Renewal 100% 6,562,345 7,069,383 5,288,844 5,868,066 8,572,375 7,033,574 8,416,329 8,047,089 9,540,485 9,665,471 11,250,264 11,249,226 13,377,386 10,369,961 12,504,733 134,815,531
Capital - Upgrade 80% 3,181,516 1,444,000 3,341,600 2,832,000 2,856,000 2,589,440 1,723,600 1,460,800 880,000 1,872,000 1,756,000 1,184,000 1,352,000 1,352,000 1,352,000 29,176,956
Total Renewal Expenditure 9,743,861 8,513,383 8,630,444 8,700,066 11,428,375 9,623,014 10,139,929 9,507,889 10,420,485 11,537,471 13,006,264 12,433,226 14,729,386 11,721,961 13,856,733 163,992,487
Asset Management Plan (AMP) Target 12,300,280 12,276,890 11,944,925 12,790,460 13,617,380 12,895,735 13,837,095 13,999,410 14,273,545 14,232,685 13,832,195 13,988,330 13,440,105 13,783,450 13,784,950 200,997,435
AMP Funding Gap (2,556,419) (3,763,507) (3,314,481) (4,090,394) (2,189,005) (3,272,721) (3,697,166) (4,491,521) (3,853,060) (2,695,214) (825,931) (1,555,104) 1,289,281 (2,061,489) 71,783 (37,004,948)
Page 56 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - New (Expansion) ARTS AND CULTURE
PR-3189 Purchase artworks for the City Art Collection 2017/18
15,000
PR-3190 Purchase artworks for the City Art Collection 2018/19
15,000
PR-3191 Purchase artworks for the City Art Collection 2019/20
20,000
PR-4185 Purchase artworks for the City Art Collection 2020/21
20,000
PR-3192 IFP - Purchase artworks for the City Art Collection
20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000
Total - Capital - New (Expansion) 15,000 15,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000
Capital - Renewal ARTS AND CULTURE
PR-1734 Replace Christmas street decorations 2017/18
10,000
PR-1754 Replace Christmas street decorations 2018/19
16,779
PR-1766 Replace Christmas street decorations 2019/20
16,920
PR-4217 Replace Christmas street decorations 2020/21
17,061
PR-1773 IFP - Replace Christmas street decorations
17,317 17,577 17,840 18,108 18,380 18,655 18,935 19,219 19,507 19,800 20,000
Total - Capital - Renewal 10,000 16,779 16,920 17,061 17,317 17,577 17,840 18,108 18,380 18,655 18,935 19,219 19,507 19,800 20,000
ARTS AND CULTURE 25,000 31,779 36,920 37,061 37,317 37,577 37,840 38,108 38,380 38,655 38,935 39,219 39,507 39,800 40,000TOTAL
Page 57 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal BRIDGES
PR-3665 Koombana Bridge (Bridge 1319) general maintenance
400,000
PR-4052 IFP - Replace footbridges
20,000 25,000 75,000 85,000 30,000
Total - Capital - Renewal 400,000 20,000 25,000 75,000 85,000 30,000
BRIDGES 400,000 20,000 25,000 75,000 85,000 30,000TOTAL
Page 58 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - New (Expansion) BUILDINGS
PR-1248 Construct new depot building to replace existing depot (Design PR-1246)
3,000,000
PR-1252 Redevelop Stirling Street Arts Centre
3,000,000 3,000,000
PR-3395 Provide lighting to Hay Park South, Rugby Premier Pitch
200,000
PR-2392 Construct multisport pavilion, Hay Park (North)
2,000,000
PR-1809 Construct multisport netball and athletics pavilion - Hay Park (Central)
2,000,000
PR-1443 Construct dragon boat storage shed
30,000
PR-1856 Install ablution facility (toilet block or Exeloo) in Elliot Street, Bunbury
300,000
PR-3455 Construct a Lotteries House
7,500,000
Total - Capital - New (Expansion) 6,000,000 3,000,000 200,000 2,000,000 2,000,000 30,000 300,000 7,500,000
Capital - Renewal BUILDINGS
PR-3701 Carry out replacement to air-conditioning units South West Sports Centre (SWSC)
37,000 50,000 50,000
PR-1385 Replace volunteer/staff facilities, animal hospital, toilets, feed store and preparation area at Bunbury Wildlife Park
214,000
PR-4024 Renew South West Sports Centre (SWSC) Building Management System
30,000
PR-4244 Replace South West Sports Centre (SWSC) cold water copper mains
24,541
PR-3748 Ocean Beach Sewerage Pit and Pumps
110,000
PR-3747 Carry out replacement of strip-lights in old section of Bunbury Regional Entertainment Centre (BREC)
40,000
PR-3999 Renew South West Sports Centre (SWSC) aquatic tiling
600,000
PR-4240 South West Sports Centre (SWSC) Basketball Court Roof Tek-screws renewal
12,148
PR-4291 Replace City Library Book Returns Chute
13,000
PR-2403 Replace Forrest Park Pavilion
1,000,000
PR-3414 IFP - Renew or refurbish community, corporate, sport and leisure buildings as per AMP
250,000 1,000,000 1,000,000 1,250,000 2,000,000 2,000,000 2,000,000 5,500,000 3,000,000 3,900,000
Page 59 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal BUILDINGS
PR-2402 Replace or refurbish Eastman Pavilion at Recreation Ground Bunbury
625,000
PR-4001 Renew Ned Myles Pavilion, Hay Park
300,000
PR-3450 Refurbishment / replacement of seating at the Bunbury Regional Entertainment Centre
300,000
PR-3764 Redevelopment of Bunbury Regional Art Gallery (BRAG) foyer to provide appropriate levels of customer service, security and amenity
100,000
PR-4000 Renew Kit Keddie Pavilion, Hay Park
500,000
Total - Capital - Renewal 415,541 665,148 50,000 50,000 1,000,000 875,000 1,300,000 1,000,000 1,550,000 2,000,000 2,100,000 2,000,000 5,500,000 3,000,000 4,400,000
Capital - Upgrade BUILDINGS
PR-4112 Upgrade facilities to meet the goal of becoming the Most Accessible Regional City in Australia by 2020
100,000 100,000 100,000
PR-3820 Support the Stirling Street Arts Centre for 2017/18
20,000
PR-4279 Upgrade CCTV and Security at South West Sports Centre (SWSC)
62,000
PR-3404 Refurbish community buildings
235,000 250,000
PR-3821 Support the Stirling Street Arts Centre for 2018/19
20,000
PR-3926 Support the Stirling Street Arts Centre for 2019/20
20,000
PR-3998 Renew South West Sports Centre (SWSC) aquatic changeroom amenities
300,000
PR-4186 Support the Stirling Street Arts Centre for 2020/21
20,000
PR-3927 IFP - Support the Stirling Street Arts Centre
20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000
PR-3720 Hands Memorial Oval Master Plan Stage 2
500,000 500,000 500,000
Total - Capital - Upgrade 182,000 355,000 370,000 320,000 20,000 20,000 20,000 20,000 20,000 520,000 520,000 520,000 20,000 20,000 20,000
BUILDINGS 6,597,541 4,020,148 620,000 370,000 1,020,000 895,000 1,320,000 1,020,000 3,570,000 2,520,000 2,620,000 4,520,000 5,550,000 3,320,000 11,920,000TOTAL
Page 60 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal BUS SHELTERS
PR-1128 Contributions to bus stops, bus shelters and public transport - road network expansion 2017/18
20,000
PR-1129 Contributions to bus stops, bus shelters and public transport - road network expansion 2018/19
20,000
PR-1130 Contributions to bus stops, bus shelters and public transport - road network expansion 2019/20
20,000
PR-4223 Contributions to bus stops, bus shelters and public transport - road network expansion 2020/21
20,000
PR-1131 IFP - Contributions to bus stops, bus shelters and public transport - road network expansion
20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000
Total - Capital - Renewal 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000
BUS SHELTERS 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000TOTAL
Page 61 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - New (Expansion) EQUIPMENT
PR-4316 Construct new playground within Koombana Bay Foreshore
503,600
PR-3818 Support Bunbury Regional Entertainment Centre (BREC) through the purchase of equipment 2017/18
132,000
PR-4287 Install CCTV System Bunbury Museum and Heritage Centre
10,000
PR-4307 Install ground mount solar system at South West Sports Centre (SWSC)
133,000 133,000 133,000 133,000 133,000 133,000 133,000 22,000
PR-3819 Support Bunbury Regional Entertainment Centre (BREC) through the purchase of equipment 2018/19
60,000
PR-3920 Support Bunbury Regional Entertainment Centre (BREC) through the purchase of equipment 2019/20
100,000
PR-4191 Support Bunbury Regional Entertainment Centre (BREC) through the purchase of equipment 2020/21
100,000
PR-3921 IFP - Support Bunbury Regional Entertainment Centre (BREC) through the purchase of equipment
100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
PR-1418 Procure and install Radio Frequency Identification (RFID) and self loans technology at Bunbury and Withers Libraries
142,295
Total - Capital - New (Expansion) 778,600 193,000 233,000 233,000 233,000 233,000 233,000 264,295 100,000 100,000 100,000 100,000 100,000 100,000 100,000
Capital - Renewal EQUIPMENT
PR-4087 Renew South West Sports Centre (SWSC) childcare and administration equipment 2017/18
1,440
PR-4092 Renew South West Sports Centre (SWSC) cafe equipment 2017/18
5,305
PR-4096 Renew South West Sports Centre (SWSC) electrical equipment 2017/18
8,270
PR-4100 Renew South West Sports Centre (SWSC) aquatics equipment 2017/18
2,735
PR-4276 Renew Pool Blankets (SWSC)
127,000
PR-4011 Purchase replacement media and communications camera
3,000
PR-4072 Renew South West Sports Centre (SWSC) stadium equipment 2018/19
11,910
PR-4075 Renew South West Sports Centre (SWSC) fitness and gym electrical equipment 2018/19
11,830
PR-4088 Renew South West Sports Centre (SWSC) childcare and administration equipment 2018/19
1,475
PR-4097 Renew South West Sports Centre (SWSC) electrical equipment 2018/19
3,060
Page 62 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal EQUIPMENT
PR-4101 Renew South West Sports Centre (SWSC) aquatics equipment 2018/19
31,600
PR-4089 Renew South West Sports Centre (SWSC) childcare and administration equipment 2019/20
1,915
PR-4093 Renew South West Sports Centre (SWSC) cafe equipment 2019/20
3,380
PR-4102 Renew South West Sports Centre (SWSC) aquatics equipment 2019/20
4,930
PR-4204 Renew South West Sports Centre (SWSC) electrical equipment 2020/21
3,190
PR-4206 Renew South West Sports Centre (SWSC) aquatics equipment 2020/21
16,620
PR-4207 Renew South West Sports Centre (SWSC) childcare and administration equipment 2020/21
10,270
PR-4073 IFP - Renew South West Sports Centre (SWSC) stadium equipment
3,225 17,590 15,980 1,650
PR-4090 IFP - Renew South West Sports Centre (SWSC) childcare and administration equipment
1,610 11,315 11,860 11,550 1,610 12,960 1,925 1,030 14,160 2,100
PR-4094 IFP - Renew South West Sports Centre (SWSC) cafe equipment
9,220 4,430 3,360 11,070 3,560 4,410
PR-4098 IFP - Renew South West Sports Centre (SWSC) electrical equipment
1,300 6,740 8,820 4,420 10,560 12,250 2,070 1,210 2,240
PR-4103 IFP - Renew South West Sports Centre (SWSC) aquatics equipment
1,100 6,370 29,570 20,780 71,740 15,700 2,450 35,800 5,050 1,440
Total - Capital - Renewal 144,750 62,875 10,225 30,080 7,235 33,645 72,270 36,750 76,710 50,290 20,185 59,290 20,420 7,430
Capital - Upgrade EQUIPMENT
PR-4282 Upgrade and expand Bunbury Regional Art Gallery (BRAG) CCTV System
15,000
PR-4283 Upgrade environmental monitoring meter at Bunbury Regional Art Gallery (BRAG)
2,500
PR-4284 Upgrade exhibition equipment at Bunbury Regional Art Gallery (BRAG)
2,300
Total - Capital - Upgrade 19,800
EQUIPMENT 943,150 255,875 243,225 263,080 240,235 266,645 305,270 301,045 176,710 150,290 120,185 159,290 120,420 107,430 100,000TOTAL
Page 63 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal IT EQUIPMENT
PR-2245 Asset Replacement - Fixed and mobile phones and devices 2017/18
15,000
PR-3564 Asset Replacement - Centralised Server and Storage Infrastructure
300,000
PR-3758 Asset Replacement - Personal Computers 2017/18
13,000
PR-3932 Asset Replacement - Virtual Desktop thin client hardware 2017/18
30,000
PR-3562 Asset Replacement - Corporate Printers and Photocopiers 2017/18
30,000
PR-2246 Asset Replacement - Fixed and mobile phones and devices 2018/19
15,000
PR-3759 Asset Replacement - Personal Computers 2018/19
15,000
PR-3933 Asset Replacement - Virtual Desktop thin client hardware 2018/19
30,000
PR-3755 Asset Replacement - Corporate Printers and Photocopiers 2018/19
30,000
PR-2247 Asset Replacement - Fixed and mobile phones and devices 2019/20
15,000
PR-3936 Asset Replacement - Virtual Desktop thin client hardware 2019/20
30,000
PR-3940 Asset Replacement - Corporate Printers and Photocopiers 2019/20
30,000
PR-3942 Asset Replacement - Personal Computers 2019/20
10,000
PR-3981 Renew CCTV equipment for 2019/20
60,000
PR-4200 Asset Replacement - Corporate Printers and Photocopiers 2020/21
30,000
PR-4201 Asset Replacement - Fixed and mobile phones and devices 2020/21
15,000
PR-4202 Asset Replacement - Virtual Desktop thin client hardware 2020/21
30,000
PR-4203 Asset Replacement - Personal Computers 2020/21
10,000
PR-2248 IFP - Asset Replacement - Fixed and mobile phones and devices
15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000
PR-3937 IFP - Asset Replacement - Virtual Desktop thin client hardware
30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000
PR-3941 IFP - Asset Replacement - Corporate Printers and Photocopiers
30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000
PR-3943 IFP - Asset Replacement - Personal Computers
10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
Page 64 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal IT EQUIPMENT
PR-4311 IFP - Asset Replacement - Centralised Server and Storage Infrastructure
300,000 300,000
PR-4312 IFP - Replace Council Chambers Audio Visual and Streaming Equipment
40,000 40,000
Total - Capital - Renewal 388,000 90,000 145,000 85,000 85,000 385,000 125,000 85,000 85,000 85,000 385,000 125,000 85,000 85,000 85,000
Capital - Upgrade IT EQUIPMENT
PR-4021 Upgrade South West Sports Centre (SWSC) leisure facility software
25,000
PR-4025 Upgrade South West Sports Centre (SWSC) access control devices
20,000
Total - Capital - Upgrade 45,000
IT EQUIPMENT 433,000 90,000 145,000 85,000 85,000 385,000 125,000 85,000 85,000 85,000 385,000 125,000 85,000 85,000 85,000TOTAL
Page 65 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal PARKING EQUIPMENT
PR-2106 Replace infringement issuing devices 2017/18
15,000
PR-4212 Replace infringement issuing devices 2019/20
15,000
PR-2108 IFP - Replace infringement issuing devices
15,000 15,000 15,000 15,000
PR-3375 IFP - Replace existing parking ticket machines
300,000 300,000 300,000 300,000
Total - Capital - Renewal 15,000 15,000 315,000 315,000 315,000 315,000
PARKING EQUIPMENT 15,000 15,000 315,000 315,000 315,000 315,000TOTAL
Page 66 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal FURNITURE AND FITTINGS
PR-4019 Renew South West Sports Centre (SWSC) carpet 2016/17 to 2019/20
10,000 10,000 10,000
PR-2175 Replace office cabinets, desks and chairs 2017/18
5,000
PR-2195 Replace office equipment 2017/18
5,000
PR-2611 Replace café furniture at Bunbury Wildlife Park
12,000
PR-4028 Renew South West Sports Centre (SWSC) lockers
20,000
PR-4280 Replace Dive Blocks at South West Sports Centre (SWSC)
25,000
PR-4305 Replace Gallery Track Lighting - Bunbury Regional Art Gallery (BRAG)
20,000
PR-2176 Replace office cabinets, desks and chairs 2018/19
5,000
PR-2196 Replace office equipment 2018/19
5,000
PR-4022 Renew South West Sports Centre (SWSC) customer service desk
30,000
PR-4069 Renew South West Sports Centre (SWSC) furnishings 2018/19
6,640
PR-4285 Renew exhibition furniture at Bunbury Regional Art Gallery (BRAG)
5,000 5,000 5,000
PR-4293 Replace Public Seating - Bunbury City Library
24,000
PR-2177 Replace office cabinets, desks and chairs 2019/20
5,000
PR-2197 Replace office equipment 2019/20
5,000
PR-4070 Renew South West Sports Centre (SWSC) furnishings 2019/20
19,415
PR-4084 Renew South West Sports Centre (SWSC) fittings 2019/20
3,100
PR-4179 Replace office cabinets, desks and chairs 2020/21
5,000
PR-4182 Replace office equipment 2020/21
5,000
PR-4208 Renew South West Sports Centre (SWSC) fittings 2020/21
22,880
PR-4209 Renew South West Sports Centre (SWSC) furnishings 2020/21
6,655
PR-2178 IFP - Replace office cabinets, desks and chairs
5,000 5,000 20,000 5,000 5,000 5,000 20,000 5,000 5,000 5,000 5,000
Page 67 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal FURNITURE AND FITTINGS
PR-2198 IFP - Replace office equipment
5,000 5,000 20,000 5,000 5,000 5,000 20,000 5,000 5,000 5,000 5,000
PR-4020 IFP - Renew South West Sports Centre (SWSC) carpet
10,000 33,000 44,000 11,000 11,000 11,000
PR-4071 IFP - Renew South West Sports Centre (SWSC) furnishings
7,760 3,815 9,965 2,610 16,960 2,770 6,275 10,615 13,990 5,280
PR-4085 IFP - Renew South West Sports Centre (SWSC) fittings
4,200 1,490 10,750 1,660 4,790 1,540 5,750 8,020
Total - Capital - Renewal 97,000 85,640 47,515 44,535 21,960 23,815 51,455 45,610 81,710 25,430 62,065 33,155 29,740 23,300 10,000
FURNITURE AND FITTINGS 97,000 85,640 47,515 44,535 21,960 23,815 51,455 45,610 81,710 25,430 62,065 33,155 29,740 23,300 10,000TOTAL
Page 68 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - New (Expansion) LIGHTING
PR-1148 Install hotspot street lighting 2017/18
20,000
PR-1149 Install hotspot street lighting 2018/19
20,000
PR-1150 Install hotspot street lighting 2019/20
20,000
PR-4219 Install hotspot street lighting 2020/21
20,000
PR-1151 IFP - Install hotspot street lighting
20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000
PR-1539 Deliver the Solar Park Lighting Program
50,000
Total - Capital - New (Expansion) 20,000 20,000 20,000 20,000 70,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000
Capital - Renewal LIGHTING
PR-4114 IFP - Replace Street Lighting
180,000 600,000 600,000 620,000
Total - Capital - Renewal 180,000 600,000 600,000 620,000
Capital - Upgrade LIGHTING
PR-1109 Upgrade street lighting on Sandridge Road, East Bunbury (Picton/King to Blair)
210,000
PR-1106 Upgrade street lighting on Blair Street, Carey Park (Clarke St to Forrest Ave)
150,000
Total - Capital - Upgrade 210,000 150,000
LIGHTING 20,000 230,000 20,000 170,000 70,000 20,000 20,000 20,000 20,000 200,000 620,000 620,000 640,000 20,000 20,000TOTAL
Page 69 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - New (Expansion) MARINE
PR-3887 Construct Community Fishing & Crabbing Platform Jetty Road Koombana Bay
208,000
PR-3898 Construct heritage interpretation, Bunbury Timber Jetty
139,906
Total - Capital - New (Expansion) 347,906
Capital - Renewal MARINE
PR-2385 Renew foreshore marine walls - Leschenault Inlet
800,000 800,000 800,000
PR-2384 Repair jetty piles 2018/19
45,000
PR-4230 Repair jetty piles 2020/21
45,000
PR-2388 IFP - Repair jetty piles
45,000 45,000 45,000 45,000 45,000
PR-2390 IFP - Rehabilitate foreshore marine walls
100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
Total - Capital - Renewal 800,000 845,000 800,000 45,000 145,000 100,000 145,000 100,000 145,000 100,000 145,000 100,000 145,000 100,000
MARINE 800,000 1,192,906 800,000 45,000 145,000 100,000 145,000 100,000 145,000 100,000 145,000 100,000 145,000 100,000TOTAL
Page 70 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - New (Expansion) OPEN SPACE
PR-4242 Construct enclosure for new native and iconic Australian species Bunbury Wildlife Park
20,000
PR-4272 Culvert and Backfill 5 Mile Brook, Hay Park Community Hall
205,500
PR-1883 Install infrastructure (pipes/irrigation) for Bunbury waste water recycling project (Design PR-1065)
7,300,000
Total - Capital - New (Expansion) 225,500 7,300,000
Capital - Renewal OPEN SPACE
PR-4015 Improve City's Landscaping, Parks, Gardens and Entry Statements
325,000 325,000 325,000 325,000
PR-1301 Replace playground equipment 2017/18
138,500
PR-1500 Replace barbecues 2017/18
10,000
PR-1506 Replace bore pumps 2017/18
50,000
PR-1517 Replace automatic reticulation systems 2017/18
50,000
PR-1543 Renew landscaping and irrigation systems at Boulters Heights
50,000
PR-2360 Install drinking fountains in parks and on cycleways 2017/18
10,000
PR-4059 Renew open space furniture and equipment 2017/18
40,000
PR-1501 Replace barbecues 2018/19
10,000
PR-1507 Replace bore pumps 2018/19
50,000
PR-1518 Replace automatic reticulation systems 2018/19
35,000
PR-1535 Renew landscaping and irrigation systems at Bunbury Wildlife Park
50,000
PR-2361 Install drinking fountains in parks and on cycleways 2018/19
10,000
PR-4063 Renew open space furniture and equipment 2018/19
50,000
PR-1303 Replace playground equipment 2019/20
124,500
PR-1502 Replace barbecues 2019/20
10,000
Page 71 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal OPEN SPACE
PR-1508 Replace bore pumps 2019/20
85,000
PR-1523 Replace automatic reticulation systems 2019/20
50,000
PR-2362 Install drinking fountains in parks and on cycleways 2019/20
10,000
PR-4038 Staged replacement of boundary fence surrounding Bunbury Wildlife Park
10,000 10,000 10,000 10,000 10,000 10,000
PR-4060 Renew open space furniture and equipment 2019/20
90,000
PR-1537 Renew landscaping and irrigation systems at ANZAC Park
100,000
PR-4122 Replace turf and practice cricket wickets at Hay Park
40,000
PR-4232 Replace barbecues 2020/21
10,000
PR-4233 Install drinking fountains in parks and on cycleways 2020/21
10,000
PR-4234 Replace automatic reticulation systems 2020/21
50,000
PR-4235 Replace playground equipment 2020/21
100,000
PR-4236 Replace bore pumps 2020/21
85,000
PR-1495 IFP - Replace playground equipment
100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
PR-1509 IFP - Replace bore pumps
80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000
PR-1538 Renew landscaping and irrigation systems for Back Beach (Stage 3)
200,000 50,000
PR-2363 IFP - Install drinking fountains in parks and on cycleways
10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
PR-3974 IFP - Replace automatic reticulation systems
50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000
PR-3975 IFP - Replace barbecues
10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
PR-4061 IFP - Renew open space furniture and equipment
50,000 50,000 100,000 144,000 148,000 100,000 10,000
PR-4065 IFP - Replace irrigation systems
126,000 126,000 126,000
PR-2408 Replace athletics track surface
1,000,000
Page 72 of 90
Total - Capital - Renewal 673,500 530,000 704,500 730,000 510,000 360,000 486,000 386,000 1,394,000 250,000 524,000 250,000 350,000 260,000 250,000
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Upgrade OPEN SPACE
PR-2634 Implement Big Swamp Masterplan
200,000 100,000
PR-4027 Upgrade Hay Park North Sewerage Infrastructure - Stage 2
120,000
PR-2604 Upgrade landscaping and reticulation in main walkthrough aviary at Bunbury Wildlife Park
12,000
PR-4029 Upgrade lighting to Hay Park South, Soccer Premier Pitch
200,000
Total - Capital - Upgrade 320,000 100,000 212,000
OPEN SPACE 1,219,000 630,000 916,500 730,000 510,000 360,000 486,000 386,000 1,394,000 250,000 524,000 250,000 350,000 7,560,000 250,000TOTAL
Page 73 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - New (Expansion) PATHWAYS
PR-1484 Expand cycleways 2017/18 to 2019/20 (implement Bunbury Bike Plan)
200,000 200,000 200,000
PR-1304 Expand path network 2018/19
260,000
PR-1305 Expand path network 2019/20
260,000
PR-4220 Expand path network 2020/21
260,000
PR-1487 IFP - Expand cycleways (implement Bunbury Bike Plan)
100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
PR-1869 IFP - Expand path network
160,000 160,000 150,000 160,000 160,000 160,000 160,000 160,000 160,000 160,000 160,000
PR-3434 Construct new Footpath at Bob Howell's Playground
42,000
Total - Capital - New (Expansion) 200,000 460,000 460,000 260,000 260,000 260,000 292,000 260,000 260,000 260,000 260,000 260,000 260,000 260,000 260,000
Capital - Renewal PATHWAYS
PR-1473 Renew and Upgrade Paths 2017/18
215,000
PR-1474 Renew and Upgrade Paths 2018/19
100,000
PR-1843 Renew and Upgrade Paths 2019/20
200,000
PR-4221 Renew and upgrade paths 2020/21
477,000
PR-1844 IFP - Renew and Upgrade Paths as per AMP
400,000 400,000 425,000 500,000 750,000 860,000 1,325,000 1,490,000 1,400,000 1,450,000 1,500,000
PR-4043 Renew footpath and paving at Graham Bricknell Sound Shell
100,000
Total - Capital - Renewal 215,000 100,000 200,000 477,000 400,000 500,000 425,000 500,000 750,000 860,000 1,325,000 1,490,000 1,400,000 1,450,000 1,500,000
Capital - Upgrade PATHWAYS
PR-1267 Upgrade streetscape Wellington St (Victoria St to Haley St)
100,000
PR-1268 Upgrade paving Symmons St (Ocean Dr to Blair St)
100,000
PR-1261 Upgrade streetscape Victoria Street (Carey Street to Wollaston)
550,000
PR-1263 Upgrade paving Stephen St (Victoria St to Arthur St)
250,000
Page 74 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Upgrade PATHWAYS
PR-3200 Relocate kerbing to provide safer footpath facilities - Stingray Pass
20,000
PR-1276 Upgrade paving Carey St (Ocean Dr to Blair St)
150,000
PR-1274 Upgrade streetscape Wittenoom St (Stirling St to Carey St)
150,000
PR-1264 Upgrade paving Wellington St (Victoria St to Haley St)
175,000
Total - Capital - Upgrade 200,000 800,000 20,000 150,000 150,000 175,000
PATHWAYS 615,000 560,000 660,000 737,000 660,000 1,560,000 737,000 910,000 1,010,000 1,270,000 1,760,000 1,750,000 1,660,000 1,710,000 1,760,000TOTAL
Page 75 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal PLANT AND VEHICLES
PR-1903 Replace waste vehicles and plant 2017/18
1,118,782
PR-2279 Replace corporate vehicles 2017/18
129,766
PR-2289 Replace corporate heavy plant 2017/18
428,018
PR-2306 Replace corporate minor plant 2017/18
30,000
PR-4105 Renew South West Sports Centre (SWSC) plant and machinery 2017/18
90,180
PR-1904 Replace waste vehicles and plant 2018/19
1,034,756
PR-2280 Replace corporate vehicles 2018/19
527,783
PR-2290 Replace corporate heavy plant 2018/19
561,372
PR-2307 Replace corporate minor plant 2018/19
30,000
PR-4106 Renew South West Sports Centre (SWSC) plant and machinery 2018/19
47,530
PR-1907 Replace waste vehicles and plant 2019/20
455,168
PR-2281 Replace corporate vehicles 2019/20
772,768
PR-2291 Replace corporate heavy plant 2019/20
536,488
PR-2308 Replace corporate minor plant 2019/20
30,000
PR-4107 Renew South West Sports Centre (SWSC) plant and machinery 2019/20
24,760
PR-4177 Replace waste vehicles and plant 2020/21
435,649
PR-4178 Replace corporate heavy plant 2020/21
545,292
PR-4180 Replace corporate minor plant 2020/21
50,000
PR-4181 Replace corporate vehicles 2020/21
517,149
PR-4205 Renew South West Sports Centre (SWSC) plant and machinery 2020/21
199,800
PR-1905 IFP - Replace waste vehicles and plant
1,088,178 403,272 864,638 446,289 866,639 401,962 810,954 860,343 44,327 527,046 933,801
PR-2282 IFP - Replace corporate vehicles
201,199 129,766 527,783 815,236 517,149 177,063 129,766 527,783 815,236 561,454 559,654
Page 76 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal PLANT AND VEHICLES
PR-2292 IFP - Replace corporate heavy plant
795,486 404,069 643,773 231,496 530,037 573,381 369,249 705,256 401,806 247,931 935,778
PR-2309 IFP - Replace corporate minor plant
50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000
PR-4108 IFP - Renew South West Sports Centre (SWSC) plant and machinery
42,430 43,070 163,100 99,860 27,690 127,610 61,680 42,350 74,000
Total - Capital - Renewal 1,796,746 2,201,441 1,819,184 1,747,890 2,134,863 1,029,537 2,129,264 1,706,121 2,063,685 1,230,096 1,487,579 2,205,062 1,353,719 1,460,431 2,479,233
PLANT AND VEHICLES 1,796,746 2,201,441 1,819,184 1,747,890 2,134,863 1,029,537 2,129,264 1,706,121 2,063,685 1,230,096 1,487,579 2,205,062 1,353,719 1,460,431 2,479,233TOTAL
Page 77 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal REFUSE
PR-1657 Replace bins - Annual bin replacement program 2017/18
42,500
PR-1670 Renew bin enclosures 2017/18
20,000
PR-2374 Renew 1,100 litre skip bins 2017/18
22,000
PR-1658 Replace bins - Annual bin replacement program 2018/19
42,500
PR-1677 Renew 1,100 litre skip bins 2018/19
22,000
PR-1846 Renew bin enclosures 2018/19
20,000
PR-1660 Replace bins - Annual bin replacement program 2019/20
43,500
PR-2375 Renew 1,100 litre skip bins 2019/20
24,000
PR-3929 Renew bin enclosures 2019/20
20,000
PR-4237 Renew bin enclosures 2020/21
20,000
PR-4238 Replace bins - Annual bin replacement program 2020/21
43,500
PR-4239 Renew 1,100 litre skip bins 2020/21
24,000
PR-1661 IFP - Replace bins - Annual bin replacement program
45,000 45,000 46,500 46,500 48,000 48,000 49,500 49,500 51,000 51,000 52,500
PR-1678 IFP - Renew 1,100 litre skip bins
24,000 24,000 24,000 24,000 24,000 24,000 24,000 24,000 24,000 24,000 24,000
PR-3930 IFP - Renew bin enclosures
20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000
Total - Capital - Renewal 84,500 84,500 87,500 87,500 89,000 89,000 90,500 90,500 92,000 92,000 93,500 93,500 95,000 95,000 96,500
REFUSE 84,500 84,500 87,500 87,500 89,000 89,000 90,500 90,500 92,000 92,000 93,500 93,500 95,000 95,000 96,500TOTAL
Page 78 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - New (Expansion) ROADS
PR-3834 Construct carpark Venezia Boulevard and San Marco Promenade, Pelican Point
79,000
PR-1226 Extend Brashaw St East Bunbury
100,000
Total - Capital - New (Expansion) 79,000 100,000
Capital - Renewal ROADS
PR-3694 Renew Parade Road
120,000 135,000
PR-1184 Reseal Spencer Street, South Bunbury (Beach Road to Clarke Street)
180,000
PR-1225 Reconstruct roundabout Strickland Street / King Road, East Bunbury
350,000
PR-4273 Re-construct pavement Halifax Drive (Monkhouse Street to Shanahan Road), Bunbury
280,000
PR-4278 Reseal Soccer Club carpark (SWSC)
140,000
PR-1111 Reseal Picton Road, East Bunbury
300,000
PR-1185 Reseal and widen Washington Avenue, Usher
60,000
PR-1204 Reconstruct section and improve drainage Columba St, South Bunbury
200,000
PR-3682 Reseal Hayward Street (Ocean Dve to Jarvis St)
171,000
PR-3683 Reseal Upper Esplanade
137,000
PR-3684 Reseal Acacia St, Pickersgill St, Simpson Ave, Sherry St, Swansen Pl and Macnish Cl
514,000
PR-4113 Reseal Ocean Drive
45,000
PR-4277 Reseal Hockey Club Carpark (SWSC)
120,000
PR-1110 Reseal Old Coast Road, Pelican Point (Hamilton Rd to Australind Bypass)
210,000
PR-1112 Reseal and repair pavement Sandridge Road, East Bunbury (King Rd to Eelup RAB)
300,000 300,000
PR-3448 Asphalt reseal and replace kerbing in Kimber Street
169,000
PR-3728 Asphalt overlay and rekerbing to Hales Street
77,000
Page 79 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal ROADS
PR-3736 Reseal and replace kerbing in Doolan Street
81,000
PR-3737 Asphalt reseal and replace kerbing in Charterhouse Street
87,000
PR-1224 Reconstruct and widen Vittoria Road, Glen Iris
100,000 100,000
PR-4051 Renew pavement and drainage, and re-seal Victoria Street
1,000,000
PR-4222 Reseal roads projects (yet to be determined) for Roads to Recovery 2020/21
408,000
PR-1122 IFP - Reseal roads projects (yet to be determined) for Roads to Recovery
408,000 408,000 408,000 408,000 408,000 408,000 408,000 408,000 408,000 408,000 408,000
PR-2100 Reseal Zoe St car park
75,000
PR-3714 Reseal and rekerb St Pauls Place and St Marks Place
98,000
PR-3950 Reseal Airport bitumen taxiways and runways 2021/22
600,000
PR-3983 IFP - Renewal Roads as per AMP
1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
PR-3741 Widen Parade Road (Crampton Avenue)
396,000
PR-3710 Reconstruct Nuytsia Avenue
200,000 200,000
Total - Capital - Renewal 1,070,000 1,682,000 924,000 1,808,000 2,281,000 1,804,000 1,608,000 1,608,000 1,408,000 1,408,000 1,408,000 1,408,000 1,408,000 1,408,000 1,408,000
Capital - Upgrade ROADS
PR-1103 Realign and widen Ocean Drive, South Bunbury (Hastie St to Hudson Rd)
750,000 750,000 750,000 750,000
PR-1205 Upgrade intersection of Parade Rd and Knight St, South Bunbury to a roundabout
450,000
PR-1240 Install traffic management devices LATM 2017/18
40,000
PR-1817 Install pedestrian refuges Spencer Street (Beach Rd to Clarke St)
135,000
PR-3901 Improve Parade Road bus stop
204,000
PR-4281 Upgrade Spencer Street and Cornwall Street Intersection
150,000
PR-1211 Improvement of Albert Road and Blair Street intersection, Bunbury
200,000
Page 80 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Upgrade ROADS
PR-1241 Install traffic management devices LATM 2018/19
40,000
PR-3671 Extend left hand turning pocket, Sandridge Road into King Road
150,000
PR-1140 Intersection and crash prevention treatments 2019/20
65,000
PR-1188 Reconstruct, widen and improve drainage on Estuary Drive, Pelican Point (St Andrews to Railway crossing)
750,000 750,000
PR-1207 Improve intersection capacity and layout, Scott St / Ocean Dve, Bunbury
300,000 300,000
PR-1212 Improve traffic configuration Blair St, Bussell Hwy, Timperley Dve and Spencer St, South Bunbury
60,000 600,000
PR-1214 Upgrade kerb and profile of Victoria St (Elliot St to Clifton St)
200,000
PR-1216 Upgrade intersection of Parade Rd and Westwood St, Withers (Withers Action Plan)
150,000
PR-1221 Design roundabout for intersection of Vittoria Rd and Woodley Rd, Glen Iris (Construct PR-1222)
10,000
PR-1223 Upgrade intersection visibility Forrest Avenue and Doris Street, South Bunbury
200,000
PR-1242 Install traffic management devices LATM 2019/20
40,000
PR-3449 Construct Forrest Avenue and Blair Street intersection slip lane
750,000
PR-3577 Widen Albert Road (to Hayes Street)
20,000 40,000
PR-3700 Reseal and upgrade Harris Road including drainage
300,000
PR-1201 Modify intersection geometry and install traffic control signals at South West Highway / Dodson Road
750,000 750,000
PR-1222 Construct roundabout for intersection of Vittoria Road and Woodley Road, Glen Iris (Design PR-1221)
300,000 300,000
PR-1229 Install 4-way traffic control system at Blair St and Strickland St intersection
60,000 300,000
PR-4228 Install traffic management devices LATM 2020/21
40,000
PR-4229 Intersection and crash prevention treatments 2020/21
80,000
PR-1141 IFP - Intersection and crash prevention treatments
80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000 80,000
PR-1235 Install traffic calming devices Hastie St, South Bunbury
80,000
PR-1243 IFP - Install traffic management devices LATM
40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000
Page 81 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Upgrade ROADS
PR-2371 Modify intersection Haley Street, Prinsep Street and Carmody Street, Bunbury (Design PR-1091)
600,000 600,000
PR-3579 Widen and renew footpath Strickland Street and George Street (corner)
50,000
PR-3670 Upgrade Spencer Street, Stirling Street & Arthur Street (dedicated turning lanes)
450,000 750,000
PR-3984 IFP - Upgrade Roads as per AMP
300,000 800,000 800,000 800,000 800,000 800,000 800,000 800,000 800,000 1,550,000
PR-1230 Improve intersection layout Washington Ave and Nalbarra Dve, Usher
80,000
PR-2088 Construct additional on street parking (Edward St)
500,000
PR-2656 Undertake Hay Park Development Plan - Angle parking on Rotary Drive to service hockey fields
366,800
PR-1187 Widen and improve alignment of Adam Road, South Bunbury
400,000
PR-1895 Construct roundabout Vittoria Road and Erica Entrance, Glen Iris (Design PR-1234)
600,000
PR-1189 Relocate utilities and improve intersection geometry - Underwood St, Carey Park, Kinkella Dve intersection
300,000
PR-1228 Upgrade kerb, profile and median Victoria St Bunbury (Between Carey & Clifton Sts)
436,000
PR-1215 Upgrade kerb and profile of Victoria St (between Stephen and Stirling Sts)
100,000
PR-1233 Install traffic control signals intersection of Hennessey Rd and Sandridge Rd, East Bunbury
60,000 300,000
PR-3664 Upgrade and widen King Road (Stage 1 - Strickland St to Herbert Rd, Stage 2 - Herbert Rd to Austral Pde)
450,000 550,000
PR-1234 Design roundabout Vittoria Rd and Erica Ent Glen Iris (Construct PR-1895)
30,000
PR-1099 Duplicate carriageway on Old Coast Rd Pelican Point
40,000 750,000 750,000
Total - Capital - Upgrade 1,729,000 1,140,000 3,595,000 3,070,000 3,550,000 2,416,800 1,920,000 1,656,000 1,080,000 1,670,000 1,500,000 960,000 1,670,000 1,670,000 1,670,000
ROADS 2,799,000 2,901,000 4,519,000 4,878,000 5,831,000 4,220,800 3,528,000 3,264,000 2,488,000 3,178,000 2,908,000 2,368,000 3,078,000 3,078,000 3,078,000TOTAL
Page 82 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal SIGNS
PR-1166 Replace signs 2017/18
20,000
PR-1168 Replace signs 2019/20
20,000
PR-4225 Replace signs 2020/21
10,000
PR-1169 IFP - Replace signs
20,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 80,000 80,000
Total - Capital - Renewal 20,000 20,000 10,000 20,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 80,000 80,000
SIGNS 20,000 20,000 10,000 20,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 80,000 80,000TOTAL
Page 83 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - New (Expansion) STORMWATER
PR-2652 Replace drainage - Strickland St to Tim Shaw Park, East Bunbury
220,000
Total - Capital - New (Expansion) 220,000
Capital - Renewal STORMWATER
PR-3976 Replace SCADA equipment 2017/18
25,000
PR-4053 Renew pump station, Stubbs Close
750,000
PR-2638 Renew, resleeve and improve drainage network 2018/19
100,000
PR-3977 Replace SCADA equipment 2018/19
20,000
PR-4054 Replace pump station generator and renew electrical cabinet / distribution board shed, Willow Drive
120,000
PR-2642 Renew, resleeve and improve drainage network 2019/20
300,000
PR-3978 Replace SCADA equipment 2019/20
25,000
PR-4055 Replace pump station generator, West Road
50,000
PR-4224 Renew, resleeve and improve drainage network 2020/21
170,000
PR-4226 Renew stormwater infrastructure 2020/21
500,000
PR-4227 Replace SCADA equipment 2020/21
25,000
PR-2648 IFP - Renew, resleeve and improve drainage network
800,000 750,000 750,000 750,000 750,000 750,000 750,000 750,000 750,000 750,000 750,000
PR-3408 IFP - Renew stormwater infrastructure as per AMP
500,000 500,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
PR-3979 IFP - Replace SCADA equipment
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
PR-3175 Rehabilitate Five Mile Brook
100,000 70,000
PR-2651 Resleeve main drain - Clifton St
250,000
PR-4056 Replace pumps, Queens Gardens pump station
120,000
Total - Capital - Renewal 775,000 240,000 375,000 695,000 1,325,000 1,275,000 1,875,000 1,845,000 1,775,000 2,025,000 1,775,000 1,895,000 1,775,000 1,775,000 1,775,000
Page 84 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
PR-2421 Construct stormwater quality and capacity improvements - Horseshoe Catchment East Bunbury (Design PR-1931)
1,481,095
PR-2650 Upgrade Dunstan St compensation basin
194,500
Total - Capital - Upgrade 1,481,095 194,500
STORMWATER 2,476,095 240,000 375,000 695,000 1,325,000 1,275,000 2,069,500 1,845,000 1,775,000 2,025,000 1,775,000 1,895,000 1,775,000 1,775,000 1,775,000TOTAL
Page 85 of 90
Capital - Upgrade STORMWATER
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - New (Expansion) STRUCTURES
PR-1363 Install hand washing basins for patrons at Bunbury Wildlife Park
5,000 5,000
PR-2354 Design and develop new reptile exhibit at Bunbury Wildlife Park
5,000
PR-3816 Purchase of new Public Art 2017/18
25,000
PR-3557 Install Shade Sails in Public Open Space 2018/19
50,000
PR-3817 Purchase of new Public Art 2018/19
25,000
PR-3903 Purchase of new Public Art 2019/20
25,000
PR-4184 Purchase of new Public Art 2020/21
25,000
PR-4231 Install Shade Sails in Public Open Space 2020/21
50,000
PR-3904 IFP - Purchase of new Public Art
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
PR-3980 IFP - Install Shade Sails in Public Open Space
50,000 50,000 50,000 50,000 50,000
PR-3227 Install Bunbury Hockey Perimeter Fencing
50,000
PR-4109 Install new seating area at Bunbury Wildlife Park
10,000
PR-2107 Construct permanent fixed concrete (or similar) ramp allowing access from Surf Life Saving Club
80,000
Total - Capital - New (Expansion) 35,000 80,000 25,000 75,000 25,000 135,000 105,000 75,000 25,000 75,000 25,000 75,000 25,000 75,000 25,000
Capital - Renewal STRUCTURES
PR-3551 Replace timber shelters
22,308 11,000 11,000
PR-2608 Refurbish enclosures at the Bunbury Wildlife Park as per ongoing program of renewal
10,000 10,000 10,000
PR-3365 Replace fencing at Bunbury Airport 2017/18
20,000
PR-4045 Replace boardwalks and lookouts 2018/19
10,000
PR-4041 Renew timber gazebos at the Bunbury Wildlife Park
8,000
PR-4048 Replace guard rails / retaining walls 2019/20
25,000
Page 86 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - Renewal STRUCTURES
PR-4215 Replace timber shelters 2020/21
11,000
PR-4216 Replace boardwalks and lookouts 2020/21
10,000
PR-3367 IFP - Replace fencing at Bunbury Airport
20,000 20,000 20,000 20,000 20,000 20,000
PR-4046 IFP - Replace boardwalks and lookouts
275,000 365,000 10,000 190,000 710,000 735,000 385,000 170,000 250,000
PR-4049 IFP - Replace guard rails / retaining walls
25,000
PR-4050 IFP - Replace timber shelters
11,000 11,000 11,000 11,000 11,000 11,000 11,000 11,000 11,000 11,000 11,000
PR-4057 IFP - Replace crash barriers
5,000 15,000
PR-4066 IFP - Replace fences and gates
70,000 90,000
PR-4110 Replace Bunbury Wildlife Park bird aviaries
20,000 20,000 20,000
PR-3532 Re-net the main walk through aviary at the Bunbury Wildlife Park
60,000
PR-3771 Replace southern carpark retaining wall, Bunbury Library, Parkfield Street
1,000,000
PR-1341 Replace perimeter fencing at Payne Park
125,000
Total - Capital - Renewal 52,308 31,000 54,000 21,000 326,000 401,000 41,000 146,000 51,000 1,201,000 866,000 746,000 526,000 196,000 281,000
STRUCTURES 87,308 111,000 79,000 96,000 351,000 536,000 146,000 221,000 76,000 1,276,000 891,000 821,000 551,000 271,000 306,000TOTAL
Page 87 of 90
Integrated Financial Plan 2017-18 to 2031-32
Capital Expenditure by Asset Class Draft Budget Forecast2017-18 2018-19
Forecast Forecast2019-20 2020-21
Forecast Forecast2021-22 2022-23
Forecast Forecast2023-24 2024-25
Forecast Forecast2025-26 2026-27
Forecast Forecast2027-28 2028-29
Forecast Forecast2029-30 2030-31
Forecast2031-32
Capital - New (Expansion) MULTIPLE ASSET CLASSES
PR-4145 Expand and upgrade Koombana Bay Foreshore
8,035,700
PR-4333 Install Shade Sails in Public Open Space 2017/18
80,000
PR-2790 Undertake design and assessment for the implementation of Leschenault Inlet Master Plan (LIMP) Precinct 3 - City Square
250,000 10,980,196
Total - Capital - New (Expansion) 8,115,700 250,000 10,980,196
MULTIPLE ASSET CLASSES 8,115,700 250,000 10,980,196TOTAL
Total Expenditure: Capital - New (Expansion)
Total Expenditure: Capital - Renewal
Total Expenditure: Capital - Upgrade
$15,609,800
$6,562,345
$3,976,895
$7,069,383
$4,194,906
$1,805,000
$1,208,000 $11,588,196 $608,000 $668,000 $670,000 $639,295 $2,425,000 $575,000 $425,000 $2,475,000 $455,000 $8,075,000 $7,925,000
$5,288,844 $5,868,066 $8,572,375 $7,033,574 $8,416,329 $8,047,089 $9,540,485 $9,665,471 $11,250,264 $11,249,226 $13,377,386 $10,369,961 $12,504,733
$4,177,000 $3,540,000 $3,570,000 $3,236,800 $2,154,500 $1,826,000 $1,100,000 $2,340,000 $2,195,000 $1,480,000 $1,690,000 $1,690,000 $1,690,000
TOTAL EXPENDITURE ON ALL ASSET CLASSES $26,149,040 $13,069,289 $10,673,844 $20,996,262 $12,750,375 $10,938,374 $11,240,829 $10,512,384 $13,065,485 $12,580,471 $13,870,264 $15,204,226 $15,522,386 $20,134,961 $22,119,733
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Integrated Financial Plan 2017-18 to 2031-32
Annual Budget A statutory requirement outlining the year’s financial estimates for Council’s core operating services and projects to be delivered. The budget is based on the adopted Integrated Financial Plan.
Asset Management Plan A “whole of life” plan for the appropriate acquisition, maintenance, renewal, replacement and disposal of assets that balances aspirations with affordability.
AssumptionsIt is impossible to predict all future events; therefore assumptions must be made regarding future operational and economic conditions and events. Assumptions are an important aspect of planning and budgeting as they are
based on variable factors.
Asset Renewal Funding Gap The asset renewal funding gap is the difference between what is planned and what needs to be spent to maintain, upgrade and renew assets in the condition expected by the community.
Base OperatingIncorporates all the day-to-day costs of running the core services of Council. Base operating revenue is the income generated from rates, fees and charges, interest received, and grants and contributions not linked to a project.
Base operating expenditure is the employee costs, materials and contracts, insurances, interest paid, depreciation and other miscellaneous expense items.
Capital - New Capital expenditure incurred in the expansion or creation of a new asset that did not exist before.
Capital - Renewal Asset Renewal is the replacement or refurbishment of an existing asset (or component) with a new asset (or component) capable of delivering the same level of service as the existing asset.
Capital - Upgrade Asset Upgrade is capital works carried out on an existing asset to provide a higher level of service.
Cash - Unrestricted Cash that is not tied to a particular use and can be used for any purpose.
Cash - Restricted Cash that has an external or internal restriction placed upon it, e.g. by regulation, funding body or set aside in a reserve for a specific purpose. It is not available for any other use.
Consumer Price Index (CPI) The increase in the general price of goods and services in an economy over time.
Corporate Business Plan Details the services and projects the City will deliver over the next four-years in line with the Strategic Community Plans’ key priority areas and objectives.
Deficit Where expenditure is greater than income the result is a deficit.
Depreciation Depreciation is recognising the decline in value of an asset over the estimated useful life, to take account of normal use, obsolescence or time. Note: This is a non-cash expense.
Employee CostsAll costs associate with the employment of a person such as salaries, wages, allowances, superannuation, employment expenses, relocation expenses, worker’s compensation insurance, training costs, safety expenses, medical
examinations, fringe benefit tax, etc.
GLOSSARY OF TERMS
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Integrated Financial Plan 2017-18 to 2031-32
GLOSSARY OF TERMS
Equity Equity is the net worth of a local government measured as the difference between the total assets and total liabilities as reported in the Statement of Financial Position.
Financial Statements:
Statement of Comprehensive Income A Statement that shows the extent to which operating expenditure was recovered from revenues during the financial year. It also identifies the costs of goods and services provided during a reporting period.
Statement of Financial Position Previously known as a Balance Sheet. Reports the assets, liabilities and equity of the local government as at a particular date. Provides a ‘snap-shot’ of the overall financial position of the Council.
Statement of Cash Flows A statement that shows how changes in a local government’s expenses and income affect cash; and breaks the analysis down to operating, investing and financing activities.
Rate Setting Statement A statement that details budgeted expenditure and revenue and shows how much rate revenue is required to cover the budget deficit.
InfrastructureInfrastructure assets are physical assets intended to serve the community over a long time frame and maintained indefinitely by the continuing replacement and refurbishment of its components so that service level standards
are met. This includes the major asset classes such as roads, drains, bridges, footpaths, and public buildings.
Integrated Financial Plan (IFP)
The Integrated Financial Plan (IFP) provides the Bunbury community a plan to deliver the vision, goals and objectives of the Strategic Community Plan. It incorporates the requirements of the ‘Integrated Planning and Reporting
Framework’ for local governments to have a Corporate Business Plan for the next four years and also a long term financial plan which covers the next fifteen years. The IFP demonstrates Council’s financial capacity to deliver
services, provide facilities and manage assets that will sustain the Bunbury community into the future.
Projects (Operating or Capital)Identified projects (either operating or capital) that are additional expenditure to the base (core) expenditure budget. As this expenditure is not required for day-to-day operations the expenditure is considered discretionary and
is subject to available funds and competition from other projects.
Reserves - Cashed Backed An account established for the purpose of setting aside money for a specific purpose to be used in a future period.
Scenario Modelling Preparation of forecasts or estimates in the Integrated Financial Plan on optimistic, conservative and worst-case scenarios to understand the impact of variations in factors or assumptions.
Sensitivity Analysis Determines those factors or assumptions that if varied have greater impacts on the Integrated Financial Plan.
Strategic Community PlanThe Strategic Community Plan is the Council’s principal strategic and planning document. It is the guiding document for the Integrated Financial Plan. Community engagement to determine the vision and priorities is central to
the Plan.
Source of FundsShows how the council is going to pay for the expenditure. The source of funds available for council’s operations and projects include: Unrestricted cash, reserve funds, loan borrowings, grants, contributions and disposal of
assets.
Surplus If the anticipated revenue exceeds its proposed spending for the year the budget is in a surplus for the year.
Work Force Plan A continuous process (not a one-off activity) of shaping the workforce to ensure that it is capable of delivering organisational objectives now and in the future.
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