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Shire of Peppermint Grove

Shire of Peppermint Grove. 2011/12 Budget Concept Forum 14 th June 2011. 2010/11 Budget Outcomes. After beginning 2010/11 with a $193,000 cash deficit Expected break even position at end of year . Status of Reserves. 2010/11 Business Plan Status. Refer Status Report

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Shire of Peppermint Grove

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  1. Shire of Peppermint Grove 2011/12 Budget Concept Forum 14th June 2011

  2. 2010/11 Budget Outcomes • After beginning 2010/11 with a $193,000 cash deficit • Expected break even position at end of year

  3. Status of Reserves

  4. 2010/11 Business Plan Status Refer Status Report • Sump Rationalisation Project ($400,000 estimate for under road sump option) • New Integrated Planning Framework see handouts • Community Plan • Strategic Corporate Plan • Town Planning Strategy and Scheme • Asset Management Plan • Long Term Financial Plan • Capacity Plan (HR Plan, IT Plan) • Annual Business Plan and Budget • Disability Access and Inclusion Plan • Customer Management Plan • Traffic Management Initiatives • The Esplanade/Lilla Street - $15,000 • Hurstford Close - $1000 - $10,000 • Stirling Hwy/Leake St – 5,000 • McNeil Street/Stirling Hwy - $90,000

  5. Impacts on 2011/12 Budget

  6. Library Budget

  7. Revaluation • Manager Corporate Services to present

  8. New Rate on Vacant Land • Reduced from 5% to 3% from 1 July 2011 • No impact on rate setting but will reduce income on interim rates raised on any vacant land during the year

  9. New Building • Peppermint Grove staff will be responsible for 75% of the cost of landscaping maintenance –additional $12,500 for materials and contract services. • Utilities increased by 3 times due to increased building size and some tariff price increases. • Cleaning costs increased due to size of building. • Maintenance costs increased due to complexity of building and its systems. • Insurance increased by 10%.

  10. Street Lighting • Tariff increased by 29% • Increase of approximately $10,000

  11. Rubbish Service • WMRC rubbish charge increased by $11 per tonne • Contract day labour 5 people x1day per week • Continue contracted bulk rubbish service $5,000 increase in tipping fees due to quantity

  12. Other Impacts • Final completion of project • Bore issue • Cafe • Street furniture • On-going maintenance • Performance management

  13. 2011/2012 Budget Initiatives

  14. Staffing • 1 day per week – support for Building and Planning • 1 day per week – administration support

  15. IT Software • Asset Management • Infringements • Purchase Orders • Customer Service • Website upgrade

  16. Traffic Management • $49,000 Roads to Recovery grant • Hurstford Close entry onto Leake Street

  17. Foreshore Strategy • Cafe redevelopment (No capital funds allocated – consultancy only) • River wall urgent repairs $50,000 (POS Reserve?)

  18. Rubbish Service • Bulk Rubbish (Incredible Bulk) $33,000 • Use of contract labour for valet weekly rubbish collection

  19. Consultants • Traffic management $15,000 • Integrated Planning $5,000 • WESROC projects $20,000 • Cafe redevelopment $??? • Feasibility Study for Board Walk $40,000 • Disability Access and Inclusion Plan $8,000

  20. Other Initiatives & Key Expenditure • Pontoon Board Walk $40,000 • New mower $12,800 (secondhand - reserves) • 2 vehicles for changeover (reserves) • Reticulation control box x 2 $16,000 (POS) • Bus Shelter (Leake St) $15,000 • Summer Community concert at Manners Hill $10,000 (grant) • Safety barrier upgrade The Esplanade $17,600

  21. Election expenses $9,100 • Revaluation $9,000 • Interest on loan $66,000 • Principal on loan $17,000 • Playground safety inspections $1,200 • Street trees and advice +$8,000 • Street sweeping +$15,000 • ROW repairs/maintenance $30,000 • ROW drainage $15,000 • Mosman Park Men’s Shed $5,000

  22. Issues for Consideration

  23. Separate Rubbish Charge • Manager Corporate Services to discuss • Model to table • Outsourced Valet Service $279,000 – business case to be developed?

  24. Discount on Rates • Budget for $40,000 • Actual 2010/11 $65,000 • Encourages early payment – cash flow benefit • Allows for interest earnings • Approx 66% of ratepayers take advantage of discount • Manager Corporate Services to discuss

  25. Rating Options

  26. Our Rating History 1% = $19,000

  27. Draft Budget Assumptions • 10% rate increase • Reserves for funding of most capital • Sitting fees from reserves • Increased non discretionary costs related to new building • CPI March Quarter 2.8% • EBA annual increase 3.5% • Same income generated irrespective of rubbish charge method • Revaluation will have differing affect on individual properties but will not impact on overall rate setting to achieve target rate revenue • Retaining rates discount at $40,000 cost

  28. Initiatives Not Included • Yacht Club donation $25,000 • River Wall construction $205,000 • Budgeted funds for reserves (asset management) $50,000 • Landscaping median strip Leake/Stirling Hwy $10,000 • Stirling Highway verge paving $80,000

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