Griffith City Council - Ten Year Long Term Financial Plan

Ten Year Long Term Financial Plan Annual Review 2019/20

TABLE OF CONTENTS

PAGE NO.

Introduction ......................................................................................................................... 1 Income Statement for all Funds ............................................................................................ 2 Cash Flow Statements for all Funds ...................................................................................... 6 Balance Sheets for all Funds ............................................................................................... 10 10 Year Capital Works Program .......................................................................................... 14

INTRODUCTION

The Department of Local Government has implemented a new Integrated Planning and Reporting Framework with the objective of improving delivery of services to the community by councils.

The framework requires councils to integrate all of their plans together with the objective of delivering services for the community through streamlining council operations and ensuring optimal use of resources. Under the guidelines every council is required to prepare the following documents: • Community Strategic Plan for at least the next ten years • Delivery Program for four years • Operational Plan annually • Workforce management Plan • Long Term Financial Plan for at least ten years • Asset Management Plan According to the Local Government Integrated Reporting and Planning Guidelines for New South Wales, the following is required: • The Long Term Financial Plan must be updated at least annually as part of the development of the Operational Plan • The Long Term Financial Plan must be reviewed in detail as part of the four yearly review of the Community Strategic Plan

The Long Term Financial Plan must include: • Planning assumptions used to develop the plan • Projected income and expenditure, balance sheet and cash flow statement • Sensitivity analysis • Financial modelling for different scenarios • Methods of monitoring financial performance This is the annual review as part of the development of Operational Plan. For the full Long Term Financial Plan please refer to the 2017/2018 - 2026/2027 Long Term Financial Plan which was adopted on 13th June 2017 and available on the council website.

Ten Year Long Term Financial Plan – Annual Review 2019/20 - Page 1

Griffith City Council 10 Year Financial Plan for the Years ending 30 June 2029 INCOME STATEMENT - CONSOLIDATED

Actuals 2017/18 $

Revised Budget 2018/19 $

2019/20 $

2020/21 $

2021/22 $

2022/23 $

Projected Years 2023/24 2024/25 $ $

2025/26 $

2026/27 $

2027/28 $

2028/29 $

Income from Continuing Operations Revenue: Rates & Annual Charges User Charges & Fees Interest & Investment Revenue Other Revenues Grants & Contributions provided for Operating Purposes Grants & Contributions provided for Capital Purposes Other Income: Net gains from the disposal of assets Joint Ventures & Associated Entities Total Income from Continuing Operations

30,592,000 16,815,000 1,460,000 2,171,000 9,180,000 3,760,000

30,874,909 17,115,548 1,312,588 2,336,496 4,777,144 9,310,082

30,808,793 16,809,247 1,375,831 1,844,324 9,154,474 21,666,821

31,655,258 17,241,424 1,410,326 1,733,366 8,250,574 13,096,511

32,525,017 17,828,667 1,420,950 1,752,360 8,247,722 1,162,768

33,456,411 18,291,427 1,413,666 1,769,021 8,515,552 803,294

34,425,559 18,910,170 1,407,718 1,811,673 8,809,392 821,447

35,417,941 19,405,375 1,252,024 1,855,601 8,888,745 632,363

36,438,814 20,057,536 1,246,215 1,900,845 9,069,819 580,522

37,488,997 20,587,162 1,241,557 1,947,442 9,287,851 1,038,945

38,574,942 21,274,777 1,238,933 1,999,934 9,512,425 597,643

39,692,078 21,840,921 1,236,256 2,053,996 9,744,214 806,623

180,000 5,000 64,163,000

65,726,767

81,659,490

73,387,459

62,937,484

64,249,371

66,185,959

67,452,050

69,293,752

71,591,955

73,198,654

75,374,087

Employee Benefits & On-Costs Borrowing Costs Materials & Contracts Depreciation & Amortisation Other Expenses Total Expenses from Continuing Operations

23,039,000 1,392,000 12,684,000 12,592,000 4,097,000 53,804,000

24,334,774 1,328,712 14,209,367 11,410,792 4,760,962 56,044,607

25,755,968 1,310,528 12,643,712 12,586,567 4,779,506 57,076,281

26,414,895 1,392,439 12,359,131 12,773,246 4,666,953 57,606,664

27,000,630 1,476,411 12,517,732 12,964,845 5,197,352 59,156,970

27,726,057 1,607,622 12,840,988 13,159,318 5,112,193 60,446,178

28,499,613 1,553,776 13,115,878 13,356,707 5,235,830 61,761,804

29,294,816 1,416,502 13,369,372 13,557,058 5,090,011 62,727,759

30,141,540 1,272,210 13,797,744 13,760,414 5,201,307 64,173,214

31,042,921 1,122,295 13,934,103 13,966,820 5,318,766 65,384,905

31,971,343 960,731 14,354,734 14,176,322 5,452,956 66,916,086

33,007,490 792,485 14,899,241 14,388,967 5,561,940 68,650,124

Operating Result from Continuing Operations

10,359,000

9,682,160

24,583,209

15,780,795

3,780,515

3,803,193

4,424,155

4,724,292

5,120,537

6,207,050

6,282,568

6,723,963

-

-

-

-

-

-

-

-

-

-

-

-

10,359,000

9,682,160

24,583,209

15,780,795

3,780,515

3,803,193

4,424,155

4,724,292

5,120,537

6,207,050

6,282,568

6,723,963

6,599,000

372,078

2,916,388

2,684,284

2,617,747

2,999,899

3,602,708

4,091,929

4,540,015

5,168,105

5,684,925

5,917,340

Expenses from Continuing Operations

Discontinued Operations - Profit/(Loss) Net Profit/(Loss) from Discontinued Operations

Net Operating Result for the Year Net Operating Result before Grants and Contributions provided for Capital Purposes

Ten Year Long Term Financial Plan - Annual Review 2019/20

2

Griffith City Council 10 Year Financial Plan for the Years ending 30 June 2029 INCOME STATEMENT - GENERAL FUND

Actuals 2017/18 $

Revised Budget 2018/19 $

2019/20 $

2020/21 $

2021/22 $

2022/23 $

Projected Years 2023/24 2024/25 $ $

2025/26 $

2026/27 $

2027/28 $

2028/29 $

Income from Continuing Operations Revenue: Rates & Annual Charges User Charges & Fees Interest & Investment Revenue Other Revenues Grants & Contributions provided for Operating Purposes Grants & Contributions provided for Capital Purposes

20,938,000 7,304,000 707,000 1,928,000 9,021,000 2,543,000

20,974,709 7,648,683 694,670 2,166,766 4,604,144 7,039,924

20,891,636 7,655,950 726,610 1,664,535 8,986,974 21,006,071

21,436,767 7,813,529 726,610 1,548,687 8,081,214 12,826,211

21,996,132 8,117,934 726,610 1,562,645 8,076,446 892,468

22,608,201 8,289,372 726,610 1,574,119 8,342,303 660,671

23,248,432 8,608,054 726,610 1,611,428 8,634,111 676,305

23,902,019 8,794,195 611,610 1,649,855 8,711,370 484,653

24,573,922 9,128,021 611,610 1,689,432 8,890,288 430,195

25,264,653 9,329,762 611,610 1,730,193 9,106,099 885,952

25,980,351 9,679,655 611,610 1,776,675 9,328,385 441,933

26,716,119 9,897,944 611,610 1,824,546 9,557,818 648,145

Other Income: Net gains from the disposal of assets Joint Ventures & Associated Entities Total Income from Continuing Operations

126,000 5,000 42,572,000

43,128,896

60,931,776

52,433,017

41,372,236

42,201,276

43,504,940

44,153,703

45,323,468

46,928,269

47,818,608

49,256,182

19,325,000 68,000 6,656,000 8,001,000 2,997,000 37,047,000

20,444,390 65,012 7,603,438 7,370,849 3,566,277 39,049,966

21,680,741 96,556 5,756,925 7,995,707 3,478,654 39,008,583

22,230,992 242,657 5,584,182 8,113,523 3,462,064 39,633,419

22,707,354 404,447 5,613,305 8,235,226 3,667,708 40,628,039

23,318,361 613,574 5,622,289 8,358,755 3,682,056 41,595,035

23,970,182 640,451 5,799,566 8,484,136 3,774,446 42,668,781

24,640,241 594,020 5,947,661 8,611,398 3,761,606 43,554,926

25,353,662 546,054 6,045,564 8,740,569 3,840,089 44,525,937

26,113,086 497,772 6,157,384 8,871,677 3,923,923 45,563,843

26,895,294 450,004 6,384,475 9,004,753 4,023,654 46,758,180

27,768,149 400,611 6,588,903 9,139,824 4,097,327 47,994,815

5,525,000

4,078,930

21,923,193

12,799,598

744,196

606,241

836,159

598,778

797,531

1,364,427

1,060,428

1,261,367

-

-

-

-

-

-

-

-

-

-

-

-

5,525,000

4,078,930

21,923,193

12,799,598

744,196

606,241

836,159

598,778

797,531

1,364,427

1,060,428

1,261,367

159,854

114,125

367,336

478,475

618,495

613,222

Expenses from Continuing Operations Employee Benefits & On-Costs Borrowing Costs Materials & Contracts Depreciation & Amortisation Other Expenses Total Expenses from Continuing Operations

Operating Result from Continuing Operations Discontinued Operations - Profit/(Loss) Net Profit/(Loss) from Discontinued Operations

Net Operating Result for the Year Net Operating Result before Grants and Contributions provided for Capital Purposes

2,982,000

(2,960,994)

917,122

(26,613)

(148,272)

Ten Year Long Term Financial Plan - Annual Review 2019/20

(54,430)

3

Griffith City Council 10 Year Financial Plan for the Years ending 30 June 2029 INCOME STATEMENT - WATER FUND

Actuals 2017/18 $

Revised Budget 2018/19 $

2019/20 $

2020/21 $

2021/22 $

2022/23 $

Projected Years 2023/24 2024/25 $ $

2025/26 $

2026/27 $

2027/28 $

2028/29 $

Income from Continuing Operations Revenue: Rates & Annual Charges User Charges & Fees Interest & Investment Revenue Other Revenues Grants & Contributions provided for Operating Purposes Grants & Contributions provided for Capital Purposes Other Income: Net gains from the disposal of assets Total Income from Continuing Operations

1,967,000 8,584,000 548,000 223,000 102,000 195,000

1,969,833 8,603,785 434,918 151,910 116,000 837,988

1,997,504 8,470,167 453,721 154,960 112,000 382,600

2,058,080 8,724,272 488,216 159,609 113,860 153,040

2,120,489 8,986,000 498,840 164,397 115,776 153,040

2,184,446 9,255,580 491,556 169,329 117,749 77,974

2,250,330 9,533,248 485,608 174,409 119,782 79,455

2,318,201 9,819,245 454,914 179,641 121,875 80,965

2,388,118 10,113,822 449,105 185,030 124,031 82,503

2,460,142 10,417,237 444,447 190,581 126,252 84,071

2,534,338 10,729,754 441,823 196,299 128,540 85,668

2,610,770 11,051,647 439,146 202,188 130,896 87,296

51,000 11,670,000

12,114,434

11,570,952

11,697,077

12,038,542

12,296,634

12,642,831

12,974,841

13,342,610

13,722,731

14,116,422

14,521,943

Employee Benefits & On-Costs Borrowing Costs Materials & Contracts Depreciation & Amortisation Other Expenses Total Expenses from Continuing Operations

2,096,000 3,739,000 2,299,000 677,000 8,811,000

2,072,390 4,054,162 2,124,532 682,753 8,933,837

2,136,810 4,241,559 2,298,549 755,310 9,432,228

2,194,397 4,233,289 2,333,027 709,846 9,470,559

2,252,549 4,362,201 2,368,023 874,802 9,857,574

2,313,914 4,534,899 2,403,543 827,689 10,080,045

2,378,704 4,559,350 2,439,596 846,017 10,223,666

2,445,308 4,565,378 2,476,190 782,297 10,269,172

2,516,222 4,848,162 2,513,333 801,540 10,679,257

2,591,708 4,917,739 2,551,033 821,258 10,881,738

2,669,460 5,001,969 2,589,298 841,463 11,102,190

2,756,217 5,154,082 2,628,138 862,166 11,400,603

Operating Result from Continuing Operations

2,859,000

3,180,597

2,138,724

2,226,517

2,180,968

2,216,589

2,419,165

2,705,669

2,663,353

2,840,993

3,014,231

3,121,340

-

-

-

-

-

-

-

-

-

-

-

-

2,859,000

3,180,597

2,138,724

2,226,517

2,180,968

2,216,589

2,419,165

2,705,669

2,663,353

2,840,993

3,014,231

3,121,340

2,664,000

2,342,609

1,756,124

2,073,477

2,027,928

2,138,615

2,339,710

2,624,704

2,580,850

2,756,922

2,928,563

3,034,044

Expenses from Continuing Operations

Discontinued Operations - Profit/(Loss) Net Profit/(Loss) from Discontinued Operations

Net Operating Result for the Year Net Operating Result before Grants and Contributions provided for Capital Purposes

Ten Year Long Term Financial Plan - Annual Review 2019/20

4

Griffith City Council 10 Year Financial Plan for the Years ending 30 June 2029 INCOME STATEMENT - SEWER FUND

Actuals 2017/18 $

Revised Budget 2018/19 $

2019/20 $

2020/21 $

2021/22 $

2022/23 $

Projected Years 2023/24 2024/25 $ $

2025/26 $

2026/27 $

2027/28 $

2028/29 $

Income from Continuing Operations Revenue: Rates & Annual Charges User Charges & Fees Interest & Investment Revenue Other Revenues Grants & Contributions provided for Operating Purposes Grants & Contributions provided for Capital Purposes Other Income: Net gains from the disposal of assets Total Income from Continuing Operations

7,687,000 927,000 205,000 20,000 57,000 1,022,000

7,930,367 863,080 183,000 17,820 57,000 1,432,170

7,919,653 683,130 195,500 24,829 55,500 278,150

8,160,412 703,624 195,500 25,070 55,500 117,260

8,408,396 724,733 195,500 25,318 55,500 117,260

8,663,765 746,475 195,500 25,573 55,500 64,649

8,926,797 768,869 195,500 25,836 55,500 65,687

9,197,721 791,935 185,500 26,105 55,500 66,745

9,476,775 815,693 185,500 26,382 55,500 67,824

9,764,202 840,164 185,500 26,668 55,500 68,922

10,060,254 865,369 185,500 26,960 55,500 70,042

10,365,189 891,330 185,500 27,262 55,500 71,182

3,000 9,921,000

10,483,437

9,156,762

9,257,366

9,526,706

9,751,462

10,038,188

10,323,506

10,627,674

10,940,955

11,263,624

11,595,963

Employee Benefits & On-Costs Borrowing Costs Materials & Contracts Depreciation & Amortisation Other Expenses Total Expenses from Continuing Operations

1,618,000 1,324,000 2,289,000 2,292,000 423,000 7,946,000

1,817,994 1,263,700 2,551,767 1,915,411 511,932 8,060,804

1,938,417 1,213,972 2,645,228 2,292,311 545,542 8,635,470

1,989,506 1,149,782 2,541,660 2,326,696 495,043 8,502,686

2,040,728 1,071,964 2,542,226 2,361,596 654,843 8,671,356

2,093,781 994,048 2,683,800 2,397,020 602,448 8,771,098

2,150,727 913,325 2,756,962 2,432,975 615,367 8,869,357

2,209,268 822,482 2,856,333 2,469,470 546,108 8,903,660

2,271,656 726,156 2,904,018 2,506,512 559,678 8,968,020

2,338,126 624,523 2,858,980 2,544,110 573,585 8,939,324

2,406,590 510,727 2,968,289 2,582,271 587,839 9,055,716

2,483,124 391,874 3,156,256 2,621,005 602,447 9,254,707

Operating Result from Continuing Operations

1,975,000

2,422,633

521,292

754,680

855,350

980,364

1,168,831

1,419,845

1,659,654

2,001,631

2,207,908

2,341,256

-

-

-

-

-

-

-

-

-

-

-

-

1,975,000

2,422,633

521,292

754,680

855,350

980,364

1,168,831

1,419,845

1,659,654

2,001,631

2,207,908

2,341,256

953,000

990,463

243,142

637,420

738,090

915,715

1,103,144

1,353,100

1,591,830

1,932,709

2,137,866

2,270,074

Expenses from Continuing Operations

Discontinued Operations - Profit/(Loss) Net Profit/(Loss) from Discontinued Operations

Net Operating Result for the Year Net Operating Result before Grants and Contributions provided for Capital Purposes

Ten Year Long Term Financial Plan - Annual Review 2019/20

5

Griffith City Council 10 Year Financial Plan for the Years ending 30 June 2029 CASH FLOW STATEMENT - CONSOLIDATED

Actual 2017/18 $

Revised Budget 2018/19 $

2019/20 $

2020/21 $

2021/22 $

2022/23 $

Projected Years 2023/24 2024/25 $ $

2025/26 $

2026/27 $

2027/28 $

2028/29 $

Cash Flows from Operating Activities Receipts: Rates & Annual Charges User Charges & Fees Interest & Investment Revenue Received Grants & Contributions Other Payments: Employee Benefits & On-Costs Materials & Contracts Borrowing Costs Other Net Cash provided (or used in) Operating Activities

30,592,000 16,815,000 1,460,000 12,940,000 2,351,000

30,874,909 17,115,548 1,312,588 14,087,226 2,336,496

30,808,793 16,809,247 1,375,831 30,821,295 1,844,324

31,655,258 17,241,424 1,410,326 21,347,085 1,733,366

32,525,017 17,828,667 1,420,950 9,410,490 1,752,360

33,456,411 18,291,427 1,413,666 9,318,846 1,769,021

34,425,559 18,910,170 1,407,718 9,630,839 1,811,673

35,417,941 19,405,375 1,252,024 9,521,108 1,855,601

36,438,814 20,057,536 1,246,215 9,650,341 1,900,845

37,488,997 20,587,162 1,241,557 10,326,796 1,947,442

38,574,942 21,274,777 1,238,933 10,110,068 1,999,934

39,692,078 21,840,921 1,236,256 10,550,837 2,053,996

(23,039,000) (12,684,000) (1,392,000) (4,097,000)

(24,334,774) (14,209,367) (1,328,712) (4,760,962)

(25,755,968) (12,643,712) (1,310,528) (4,779,506)

(26,414,895) (12,359,131) (1,392,439) (4,666,953)

(27,000,630) (12,517,732) (1,476,411) (5,197,352)

(27,726,057) (12,840,988) (1,607,622) (5,112,193)

(28,499,613) (13,115,878) (1,553,776) (5,235,830)

(29,294,816) (13,369,372) (1,416,502) (5,090,011)

(30,141,540) (13,797,744) (1,272,210) (5,201,307)

(31,042,921) (13,934,103) (1,122,295) (5,318,766)

(31,971,343) (14,354,734) (960,731) (5,452,956)

(33,007,490) (14,899,241) (792,485) (5,561,940)

22,946,000

21,092,952

37,169,776

28,554,041

16,745,360

16,962,511

17,780,863

18,281,349

18,880,951

20,173,870

20,458,890

21,112,930

-

1,097,558 286,097

289,670

218,527

376,436

331,230

282,587

288,281

294,090

130,215

132,839

135,516

-

(30,443,284) -

(40,120,605) (2,000,000)

(34,031,332) (800,000)

(25,353,128) -

(16,061,650) -

(16,245,214) -

(13,753,130) -

(9,834,488) -

(10,004,429) -

(9,944,310) -

(12,714,255) -

-

(28,619,629)

(41,830,935)

(34,612,805)

(24,976,692)

(15,730,420)

(15,962,627)

(13,464,849)

(9,540,398)

(9,874,214)

(9,811,471)

(12,578,739)

-

2,200,000

6,250,000

5,550,000

7,500,000

1,500,000

-

(1,488,659)

(1,677,513)

(1,708,489)

(2,149,605)

(2,493,099)

(2,666,405)

(2,803,679)

(2,947,970)

(2,929,353)

(3,090,917)

(3,259,163)

4,572,487

3,841,511

5,350,395

(993,099)

(2,666,405)

(2,803,679)

(2,947,970)

(2,929,353)

(3,090,917)

(3,259,163)

(2,217,253)

(2,880,937)

238,992

2,012,821

6,392,583

7,370,303

7,556,502

5,275,029

Cash Flows from Investing Activities Receipts: Sale of Infrastructure, Property, Plant & Equipment Deferred Debtors Receipts Payments: Purchase of Infrastructure, Property, Plant & Equipment Deferred Debtors & Advances Made Net Cash provided (or used in) Investing Activities

Cash Flows from Financing Activities Receipts: Proceeds from Borrowings & Advances Payments: Repayment of Borrowings & Advances Net Cash Flow provided (used in) Financing Activities

-

711,341

-

-

-

-

-

-

Net Increase/(Decrease) in Cash & Cash Equivalents

22,946,000

(6,815,336)

plus: Cash, Cash Equivalents & Investments-beginning of year

22,473,000

45,419,000

38,603,664

38,514,992

36,297,739

33,416,802

33,655,794

32,807,624

34,820,445

41,213,029

48,583,332

56,139,834

Cash & Cash Equivalents - end of the year

45,419,000

38,603,664

38,514,992

36,297,739

33,416,802

33,655,794

32,807,624

34,820,445

41,213,029

48,583,332

56,139,834

61,414,862

0.02

0.05

0.05

0.05

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.05

Debt Service Ratio

(88,672)

(848,170)

Less Depreciation & Amortisation Joint Ventures & Associated Entities Net Gains/Losses from the Disposal of Assets

12,592,000 (5,000) -

11,410,792 -

12,586,567 -

12,773,246 -

12,964,845 -

13,159,318 -

13,356,707 -

13,557,058 -

13,760,414 -

13,966,820 -

14,176,322 -

14,388,967 -

Net Cash Operating Result for the Year

10,359,000

9,682,160

24,583,209

15,780,795

3,780,515

3,803,193

4,424,155

4,724,292

5,120,537

6,207,050

6,282,568

6,723,963

Ten Year Long Term Financial Plan - Annual Review 2019/20

6

Griffith City Council 10 Year Financial Plan for the Years ending 30 June 2029 CASH FLOW STATEMENT - GENERAL FUND

Actual 2017/18 $

Revised Budget 2018/19 $

2019/20 $

2020/21 $

2021/22 $

2022/23 $

Projected Years 2023/24 2024/25 $ $

2025/26 $

2026/27 $

2027/28 $

2028/29 $

Cash Flows from Operating Activities Receipts: Rates & Annual Charges User Charges & Fees Interest & Investment Revenue Received Grants & Contributions Other Payments: Employee Benefits & On-Costs Materials & Contracts Borrowing Costs Other Net Cash provided (or used in) Operating Activities

20,938,000 7,304,000 707,000 11,564,000 2,054,000

20,974,709 7,648,683 694,670 11,644,068 2,166,766

20,891,636 7,655,950 726,610 29,993,045 1,664,535

21,436,767 7,813,529 726,610 20,907,425 1,548,687

21,996,132 8,117,934 726,610 8,968,914 1,562,645

22,608,201 8,289,372 726,610 9,002,974 1,574,119

23,248,432 8,608,054 726,610 9,310,416 1,611,428

23,902,019 8,794,195 611,610 9,196,023 1,649,855

24,573,922 9,128,021 611,610 9,320,483 1,689,432

25,264,653 9,329,762 611,610 9,992,051 1,730,193

25,980,351 9,679,655 611,610 9,770,318 1,776,675

26,716,119 9,897,944 611,610 10,205,963 1,824,546

(19,325,000) (6,656,000) (68,000) (2,997,000)

(20,444,390) (7,603,438) (65,012) (3,566,277)

(21,680,741) (5,756,925) (96,556) (3,478,654)

(22,230,992) (5,584,182) (242,657) (3,462,064)

(22,707,354) (5,613,305) (404,447) (3,667,708)

(23,318,361) (5,622,289) (613,574) (3,682,056)

(23,970,182) (5,799,566) (640,451) (3,774,446)

(24,640,241) (5,947,661) (594,020) (3,761,606)

(25,353,662) (6,045,564) (546,054) (3,840,089)

(26,113,086) (6,157,384) (497,772) (3,923,923)

(26,895,294) (6,384,475) (450,004) (4,023,654)

(27,768,149) (6,588,903) (400,611) (4,097,327)

13,521,000

11,449,779

29,918,900

20,913,122

8,979,422

8,964,995

9,320,295

9,210,175

9,538,099

10,236,104

10,065,181

10,401,191

440,000 869,211 4,724

2,100

2,100

2,100

2,100

-

-

-

-

-

-

Cash Flows from Investing Activities Receipts: Sale of Real Estate Assets Sale of Infrastructure, Property, Plant & Equipment Deferred Debtors Receipts Payments: Purchase of Infrastructure, Property, Plant & Equipment Net Cash provided (or used in) Investing Activities

-

(21,757,490)

(34,084,985)

(27,537,462)

(18,025,837)

(9,263,977)

(8,950,641)

(7,911,033)

(7,227,073)

(7,822,387)

(7,651,237)

(10,412,789)

(20,443,555)

(34,082,885)

(27,535,362)

(18,023,737)

(9,261,877)

(8,950,641)

(7,911,033)

(7,227,073)

(7,822,387)

(7,651,237)

(10,412,789)

1,920,000

6,250,000

5,550,000

7,500,000

1,500,000

(1,098,677)

(1,362,268)

Cash Flows from Financing Activities Receipts: Proceeds from Borrowings & Advances Payments: Repayment of Borrowings & Advances Net Cash Flow provided (used in) Financing Activities Net Increase/(Decrease) in Cash & Cash Equivalents plus: Cash, Cash Equivalents & Investments-beginning of year

Cash & Cash Equivalents - end of the year

Debt Service Ratio

(666,310) -

(772,661)

(738,677)

-

-

-

-

-

-

(1,454,851)

(1,501,283)

(1,549,248)

(1,428,998)

(1,476,766)

(1,526,159)

(1,549,248)

(1,428,998)

(1,476,766)

(1,526,159)

1,253,690

5,477,339

4,811,323

6,401,323

137,732

(1,454,851)

(1,501,283)

13,521,000

(7,740,086)

1,313,354

(1,810,918)

(2,642,991)

(159,150)

(1,085,197)

(202,141)

5,562,000

19,083,000

11,342,914

12,656,268

10,845,350

8,202,359

8,043,209

19,083,000

11,342,914

12,656,268

10,845,350

8,202,359

8,043,209

0.00

0.02

0.02

0.02

0.04

761,779

984,719

937,178

(1,537,757)

6,958,012

6,755,871

7,517,650

8,502,369

9,439,547

6,958,012

6,755,871

7,517,650

8,502,369

9,439,547

7,901,790

0.05

0.05

0.05

0.05

0.04

0.04

0.04

Less Depreciation & Amortisation Joint Ventures & Associated Entities Net Gains/Losses from the Disposal of Assets

8,001,000 (5,000)

7,370,849

7,995,707

8,113,523

8,235,226

8,358,755

8,484,136

8,611,398

8,740,569

8,871,677

9,004,753

9,139,824

Net Operating Result for the Year

5,525,000

4,078,930

21,923,193

12,799,598

744,196

606,241

836,159

598,778

797,531

1,364,427

1,060,428

1,261,367

Ten Year Long Term Financial Plan - Annual Review 2019/20

7

Griffith City Council 10 Year Financial Plan for the Years ending 30 June 2029 CASH FLOW STATEMENT - WATER FUND

Actual 2017/18 $

Revised Budget 2018/19 $

2019/20 $

2020/21 $

2021/22 $

2022/23 $

Projected Years 2023/24 2024/25 $ $

2025/26 $

2026/27 $

2027/28 $

2028/29 $

Cash Flows from Operating Activities Receipts: Rates & Annual Charges User Charges & Fees Interest & Investment Revenue Received Grants & Contributions Other Payments: Employee Benefits & On-Costs Materials & Contracts Borrowing Costs Other Net Cash provided (or used in) Operating Activities

1,967,000 8,584,000 548,000 297,000 274,000

1,969,833 8,603,785 434,918 953,988 151,910

1,997,504 8,470,167 453,721 494,600 154,960

2,058,080 8,724,272 488,216 266,900 159,609

2,120,489 8,986,000 498,840 268,816 164,397

2,184,446 9,255,580 491,556 195,723 169,329

2,250,330 9,533,248 485,608 199,237 174,409

2,318,201 9,819,245 454,914 202,840 179,641

2,388,118 10,113,822 449,105 206,534 185,030

2,460,142 10,417,237 444,447 210,323 190,581

2,534,338 10,729,754 441,823 214,208 196,299

2,610,770 11,051,647 439,146 218,192 202,188

(2,096,000) (3,739,000) (677,000)

(2,072,390) (4,054,162) (682,753)

(2,136,810) (4,241,559) (755,310)

(2,194,397) (4,233,289) (709,846)

(2,252,549) (4,362,201) (874,802)

(2,313,914) (4,534,899) (827,689)

(2,378,704) (4,559,350) (846,017)

(2,445,308) (4,565,378) (782,297)

(2,516,222) (4,848,162) (801,540)

(2,591,708) (4,917,739) (821,258)

(2,669,460) (5,001,969) (841,463)

(2,756,217) (5,154,082) (862,166)

5,158,000

5,305,129

4,437,273

4,559,545

4,548,991

4,620,132

4,858,761

5,181,859

5,176,686

5,392,026

5,603,530

5,749,478

98,330 281,373

287,570

216,427

374,336

329,130

282,587

288,281

294,090

130,215

132,839

135,516

Cash Flows from Investing Activities Receipts: Sale of Infrastructure, Property, Plant & Equipment Deferred Debtors Receipts Payments: Purchase of Investment Securities Purchase of Infrastructure, Property, Plant & Equipment Deferred Debtors & Advances Made Net Cash provided (or used in) Investing Activities

-

(4,737,962) -

(4,296,210) (2,000,000)

(4,705,488) (800,000)

(3,614,835)

(5,071,071)

(5,496,219)

(5,187,941)

(1,992,340)

(1,410,925)

(1,546,852)

(1,562,898)

(4,358,259)

(6,008,640)

(5,289,061)

(3,240,499)

(4,741,941)

(5,213,632)

(4,899,660)

(1,698,250)

(1,280,710)

(1,414,013)

(1,427,382)

Cash Flows from Financing Activities Receipts: Proceeds from Borrowings & Advances Payments: Repayment of Borrowings & Advances Net Cash Flow provided (used in) Financing Activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

282,199

3,478,436

4,111,316

4,189,517

4,322,096

-

-

5,158,000

946,870

plus: Cash, Cash Equivalents & Investments-beginning of year

14,021,000

19,179,000

20,125,870

18,554,503

17,824,987

19,133,478

19,011,669

18,656,798

18,938,997

22,417,433

26,528,749

30,718,265

Cash & Cash Equivalents - end of the year

19,179,000

20,125,870

18,554,503

17,824,987

19,133,478

19,011,669

18,656,798

18,938,997

22,417,433

26,528,749

30,718,265

35,040,361

Balance of Sec 64 Water Reserve Balance of Unrestricted Cash

3,003,140 16,175,860

3,827,500 16,298,370

4,210,100 14,344,403

4,363,140 13,461,847

4,516,180 14,617,298

4,594,154 14,417,515

4,673,609 13,983,189

4,754,574 14,184,423

4,837,077 17,580,356

4,921,148 21,607,601

5,006,816 25,711,449

5,094,112 29,946,249

Less Depreciation & Amortisation Net Gains from the Disposal of Assets

2,299,000

2,124,532

2,298,549

2,333,027

2,368,023

2,403,543

2,439,596

2,476,190

2,513,333

2,551,033

2,589,298

2,628,138

Net Operating Result for the Year

2,859,000

3,180,597

2,138,724

2,226,517

2,180,968

2,216,589

2,419,165

2,705,669

2,663,353

2,840,993

3,014,231

3,121,340

Net Increase/(Decrease) in Cash & Cash Equivalents

(1,571,367)

(729,516)

1,308,492

Ten Year Long Term Financial Plan - Annual Review 2019/20

(121,809)

(354,871)

8

Griffith City Council 10 Year Financial Plan for the Years ending 30 June 2029 CASH FLOW STATEMENT - SEWER FUND

Actual 2017/18 $

Revised Budget 2018/19 $

2019/20 $

2020/21 $

2021/22 $

2022/23 $

Projected Years 2023/24 2024/25 $ $

2025/26 $

2026/27 $

2027/28 $

2028/29 $

Cash Flows from Operating Activities Receipts: Rates & Annual Charges User Charges & Fees Interest & Investment Revenue Received Grants & Contributions Other Payments: Employee Benefits & On-Costs Materials & Contracts Borrowing Costs Other Net Cash provided (or used in) Operating Activities

7,687,000 927,000 205,000 1,079,000 23,000

7,930,367 863,080 183,000 1,489,170 17,820

7,919,653 683,130 195,500 333,650 24,829

8,160,412 703,624 195,500 172,760 25,070

8,408,396 724,733 195,500 172,760 25,318

8,663,765 746,475 195,500 120,149 25,573

8,926,797 768,869 195,500 121,187 25,836

9,197,721 791,935 185,500 122,245 26,105

9,476,775 815,693 185,500 123,324 26,382

9,764,202 840,164 185,500 124,422 26,668

10,060,254 865,369 185,500 125,542 26,960

10,365,189 891,330 185,500 126,682 27,262

(1,618,000) (2,289,000) (1,324,000) (423,000)

(1,817,994) (2,551,767) (1,263,700) (511,932)

(1,938,417) (2,645,228) (1,213,972) (545,542)

(1,989,506) (2,541,660) (1,149,782) (495,043)

(2,040,728) (2,542,226) (1,071,964) (654,843)

(2,093,781) (2,683,800) (994,048) (602,448)

(2,150,727) (2,756,962) (913,325) (615,367)

(2,209,268) (2,856,333) (822,482) (546,108)

(2,271,656) (2,904,018) (726,156) (559,678)

(2,338,126) (2,858,980) (624,523) (573,585)

(2,406,590) (2,968,289) (510,727) (587,839)

(2,483,124) (3,156,256) (391,874) (602,447)

4,267,000

4,338,044

2,813,603

3,081,375

3,216,946

3,377,384

3,601,806

3,889,315

4,166,166

4,545,741

4,790,179

4,962,262

-

-

-

-

-

-

-

-

-

-

Cash Flows from Investing Activities Receipts: Sale of Infrastructure, Property, Plant & Equipment Deferred Debtors Receipts Payments: Purchase of Investment Securities Purchase of Infrastructure, Property, Plant & Equipment Deferred Debtors & Advances Made Net Cash provided (or used in) Investing Activities

130,017

-

(3,947,832)

(1,739,410)

(1,788,382)

(3,712,456)

(1,726,602)

(1,798,354)

(654,156)

(615,075)

(771,117)

(746,221)

(738,568)

(3,817,815)

(1,739,410)

(1,788,382)

(3,712,456)

(1,726,602)

(1,798,354)

(654,156)

(615,075)

(771,117)

(746,221)

(738,568)

Cash Flows from Financing Activities Receipts: Proceeds from Borrowings & Advances Payments: Repayment of Borrowings & Advances

-

280,000

-

-

-

-

-

-

-

-

-

-

(822,349)

(904,852)

(969,812)

(1,050,928)

(1,130,831)

(1,211,554)

(1,302,396)

(1,398,722)

(1,500,355)

(1,614,151)

(1,733,004)

-

(542,349)

(904,852)

(969,812)

(1,050,928)

(1,130,831)

(1,211,554)

(1,302,396)

(1,398,722)

(1,500,355)

(1,614,151)

(1,733,004)

Net Increase/(Decrease) in Cash & Cash Equivalents

4,267,000

(22,120)

169,341

323,181

(1,546,438)

plus: Cash, Cash Equivalents & Investments-beginning of year

2,890,000

7,157,000

7,134,880

7,304,221

Cash & Cash Equivalents - end of the year

7,157,000

7,134,880

7,304,221

Balance of Sec 64 Sewer Reserve Balance of Unrestricted Cash

1,583,828 5,573,172

2,195,168 4,939,712

0.14

Less Depreciation & Amortisation Net Gains from the Disposal of Assets Net Operating Result for the Year

Net Cash Flow provided (used in) Financing Activities

Debt Service Ratio

519,951

591,898

1,932,763

2,152,369

2,274,269

2,429,807

2,490,690

7,627,402

6,080,965

6,600,915

7,192,814

9,125,577

11,277,946

13,552,214

15,982,022

7,627,402

6,080,965

6,600,915

7,192,814

9,125,577

11,277,946

13,552,214

15,982,022

18,472,711

2,463,318 4,840,903

2,570,578 5,056,824

2,677,838 3,403,127

2,732,487 3,868,428

2,788,174 4,404,640

2,844,919 6,280,658

2,902,743 8,375,203

2,961,665 10,590,549

3,021,707 12,960,315

3,082,889 15,389,822

0.21

0.24

0.23

0.23

0.22

0.21

0.21

0.20

0.20

0.19

0.18

2,292,000

1,915,411 -

2,292,311 -

2,326,696 -

2,361,596 -

2,397,020 -

2,432,975 -

2,469,470 -

2,506,512 -

2,544,110 -

2,582,271 -

2,621,005 -

1,975,000

2,422,633

521,292

754,680

855,350

980,364

1,168,831

1,419,845

1,659,654

2,001,631

2,207,908

2,341,256

Ten Year Long Term Financial Plan - Annual Review 2019/20

9

Griffith City Council 10 Year Financial Plan for the Years ending 30 June 2029 BALANCE SHEET - CONSOLIDATED

Actuals 2017/18 $

Current Year 2018/19 $

2019/20 $

2020/21 $

2021/22 $

2022/23 $

Projected Years 2023/24 2024/25 $ $

2025/26 $

2026/27 $

2027/28 $

2028/29 $

ASSETS Current Assets Cash & Cash Equivalents Receivables Inventories Other Total Current Assets Non-Current Assets Receivables Inventories Infrastructure, Property, Plant & Equipment Investments Accounted for using the equity method Intangible Assets Total Non-Current Assets TOTAL ASSETS

45,419,000 8,827,000 3,767,000 19,000 58,032,000

38,603,664 7,407,677 4,304,648 184,754 50,500,743

38,514,992 8,588,526 4,306,772 186,365 51,596,656

36,297,739 7,956,462 4,242,521 181,918 48,678,640

33,416,802 7,067,354 4,258,300 186,754 44,929,210

33,655,793 6,946,667 4,270,641 187,193 45,060,294

32,807,624 4,284,723 4,323,948 192,634 41,608,929

34,820,445 6,866,865 4,367,670 195,345 46,250,325

41,213,029 6,843,300 4,412,248 198,890 52,667,468

48,583,332 7,001,085 4,448,917 202,826 60,236,160

56,139,834 7,132,343 4,520,177 209,426 68,001,779

61,414,862 7,285,878 4,588,614 215,034 73,504,388

551,000 680,906,000 341,000 8,296,000 690,094,000 748,126,000

831,300 1,056,871 691,885,993 341,000 8,296,000 702,411,164 752,911,906

829,200 1,054,298 718,574,531 341,000 8,296,000 729,095,029 780,691,685

827,100 1,039,137 739,664,083 341,000 8,296,000 750,167,319 798,845,960

825,000 1,041,164 752,152,366 341,000 8,296,000 762,655,530 807,584,740

825,000 1,041,790 755,054,698 341,000 8,296,000 765,558,488 810,618,783

825,000 1,054,133 757,621,498 341,000 8,296,000 768,137,631 809,746,561

825,000 1,064,445 757,817,570 341,000 8,296,000 768,344,015 814,594,340

825,000 1,071,262 753,891,644 341,000 8,296,000 764,424,906 817,092,374

825,000 1,079,048 749,929,254 341,000 8,296,000 760,470,301 820,706,461

825,000 1,094,860 745,697,241 341,000 8,296,000 756,254,101 824,255,880

825,000 1,109,094 744,022,529 341,000 8,296,000 754,593,623 828,098,011

4,934,000 823,000 1,416,000 6,141,000 13,314,000

5,676,251 1,046,502 1,571,162 6,156,711 14,450,627

5,718,955 1,098,762 1,742,473 6,156,711 14,716,901

5,622,527 1,103,682 1,789,605 6,156,711 14,672,524

5,735,785 1,141,212 2,229,508 6,156,711 15,263,217

5,750,519 1,162,775 2,573,822 6,156,711 15,643,828

5,878,732 1,204,742 2,757,247 6,156,711 15,997,432

5,945,231 1,231,216 2,900,005 6,156,711 16,233,163

6,031,148 1,275,235 3,049,603 6,156,711 16,512,698

6,126,147 1,303,823 3,043,149 6,156,711 16,629,830

6,281,606 1,350,550 3,209,770 6,156,711 16,998,638

6,415,390 1,381,927 3,354,695 6,156,711 17,308,723

17,924,000 203,000 18,127,000 31,441,000 716,685,000

2,950 19,146,816 187,289 19,337,054 33,787,681 719,124,225

3,034 23,719,303 187,289 23,909,626 38,626,527 742,065,157

3,066 27,560,814 187,289 27,751,169 42,423,693 756,422,266

3,137 32,911,209 187,289 33,101,634 48,364,851 759,219,889

3,198 31,918,110 187,289 32,108,597 47,752,425 762,866,358

3,289 29,251,705 187,289 29,442,283 45,439,715 764,306,846

3,368 26,448,026 187,289 26,638,683 42,871,846 771,722,495

3,455 23,500,056 187,289 23,690,800 40,203,497 776,888,877

3,549 20,570,703 187,289 20,761,540 37,391,371 783,315,091

3,658 17,479,786 187,289 17,670,732 34,669,370 789,586,510

3,771 14,220,623 187,289 14,411,682 31,720,406 796,377,606

420,071,000 296,614,000 716,685,000 716,685,000

422,510,225 296,614,000 719,124,225 719,124,225

445,451,157 296,614,000 742,065,157 742,065,157

459,808,266 296,614,000 756,422,266 756,422,266

462,605,889 296,614,000 759,219,889 759,219,889

466,252,358 296,614,000 762,866,358 762,866,358

470,319,574 296,614,000 766,933,574 766,933,574

475,108,495 296,614,000 771,722,495 771,722,495

480,274,877 296,614,000 776,888,877 776,888,877

486,701,091 296,614,000 783,315,091 783,315,091

492,972,510 296,614,000 789,586,510 789,586,510

499,763,606 296,614,000 796,377,606 796,377,606

LIABILITIES Current Liabilities Payables Income received in advance Borrowings Provisions Total Current Liabilities Non-Current Liabilities Payables Borrowings Provisions Total Non-Current Liabilities TOTAL LIABILITIES

Net Assets EQUITY Retained Earnings Revaluation Reserves Council Equity Interest

Total Equity

Ten Year Long Term Financial Plan - Annual Review 2019/20

10

Griffith City Council 10 Year Financial Plan for the Years ending 30 June 2029 BALANCE SHEET - GENERAL FUND

Actuals 2017/18 $

Current Year 2018/19 $

2019/20 $

2020/21 $

2021/22 $

2022/23 $

Projected Years 2023/24 2024/25 $ $

2025/26 $

2026/27 $

2027/28 $

2028/29 $

ASSETS Current Assets Cash & Cash Equivalents Receivables Inventories Other Total Current Assets Non-Current Assets Receivables Inventories Infrastructure, Property, Plant & Equipment Investments Accounted for using the equity method Intangible Assets Total Non-Current Assets TOTAL ASSETS

19,083,000 2,568,000 1,199,000 19,000 22,869,000

11,342,914 2,336,808 2,153,131 184,754 16,017,606

12,656,268 3,517,212 2,142,304 186,365 18,502,149

10,845,350 2,931,399 2,078,519 181,918 16,037,186

8,202,359 2,241,343 2,087,050 186,754 12,717,506

8,043,209 2,269,324 2,089,682 187,193 12,589,408

6,958,012 2,330,818 2,141,613 192,634 11,623,078

6,755,871 2,383,056 2,184,997 195,345 11,519,268

7,517,650 2,456,378 2,213,676 198,890 12,386,595

8,502,369 2,541,256 2,246,433 202,826 13,492,884

9,439,547 2,596,135 2,312,958 209,426 14,558,065

7,901,790 2,669,689 2,372,843 215,034 13,159,356

8,000 424,632,000 341,000 8,296,000 433,277,000 456,146,000

6,300 414,871 432,907,322 341,000 8,296,000 441,965,493 457,983,099

4,200 412,298 458,151,100 341,000 8,296,000 467,204,598 485,706,747

2,100 397,137 477,406,505 341,000 8,296,000 486,442,741 502,479,927

399,164 487,297,116 341,000 8,296,000 496,333,280 509,050,786

399,790 488,202,338 341,000 8,296,000 497,239,128 509,828,536

412,133 488,347,136 341,000 8,296,000 497,396,270 509,019,347

422,445 487,646,771 341,000 8,296,000 496,706,216 508,225,485

429,262 486,133,276 341,000 8,296,000 495,199,538 507,586,132

437,048 485,083,985 341,000 8,296,000 494,158,033 507,650,917

452,860 483,730,470 341,000 8,296,000 492,820,329 507,378,395

467,094 485,003,435 341,000 8,296,000 494,107,529 507,266,885

4,930,000 823,000 594,000 6,141,000 12,488,000

5,673,727 1,046,502 666,310 6,156,711 13,543,251

5,716,268 1,098,762 772,661 6,156,711 13,744,402

5,619,868 1,103,682 738,677 6,156,711 13,618,938

5,732,968 1,141,212 1,098,677 6,156,711 14,129,569

5,747,635 1,162,775 1,362,268 6,156,711 14,429,390

5,875,825 1,204,742 1,454,851 6,156,711 14,692,129

5,942,355 1,231,216 1,501,283 6,156,711 14,831,565

6,028,110 1,275,235 1,549,248 6,156,711 15,009,304

6,123,061 1,303,823 1,428,998 6,156,711 15,012,593

6,278,464 1,350,550 1,476,766 6,156,711 15,262,491

6,412,154 1,381,927 1,526,159 6,156,711 15,476,951

1,088,000 203,000 1,291,000 13,779,000 442,367,000

2,950 2,935,690 187,289 3,125,928 16,669,179 441,313,920

3,034 8,413,029 187,289 8,603,352 22,347,754 463,358,993

3,066 13,224,352 187,289 13,414,707 27,033,645 475,446,282

3,137 19,625,675 187,289 19,816,100 33,945,669 475,105,116

3,198 19,763,407 187,289 19,953,894 34,383,284 475,445,252

3,289 18,308,556 187,289 18,499,134 33,191,263 475,828,084

3,368 16,807,273 187,289 16,997,929 31,829,495 476,395,990

3,455 15,258,025 187,289 15,448,769 30,458,073 477,128,059

3,549 13,829,027 187,289 14,019,864 29,032,457 478,618,460

3,658 12,352,261 187,289 12,543,207 27,805,699 479,572,696

3,771 10,826,102 187,289 11,017,161 26,494,113 480,772,772

263,031,000 179,336,000 442,367,000 442,367,000

261,977,920 179,336,000 441,313,920 441,313,920

284,022,993 179,336,000 463,358,993 463,358,993

296,110,282 179,336,000 475,446,282 475,446,282

295,769,116 179,336,000 475,105,116 475,105,116

296,109,252 179,336,000 475,445,252 475,445,252

296,492,084 179,336,000 475,828,084 475,828,084

297,059,990 179,336,000 476,395,990 476,395,990

297,792,059 179,336,000 477,128,059 477,128,059

299,282,460 179,336,000 478,618,460 478,618,460

300,236,696 179,336,000 479,572,696 479,572,696

301,436,772 179,336,000 480,772,772 480,772,772

LIABILITIES Current Liabilities Payables Income received in advance Borrowings Provisions Total Current Liabilities Non-Current Liabilities Payables Borrowings Provisions Total Non-Current Liabilities TOTAL LIABILITIES

Net Assets EQUITY Retained Earnings Revaluation Reserves Council Equity Interest

Total Equity

Ten Year Long Term Financial Plan - Annual Review 2019/20

11

Griffith City Council 10 Year Financial Plan for the Years ending 30 June 2029 BALANCE SHEET - WATER FUND

Actuals 2017/18 $

Current Year 2018/19 $

2019/20 $

2020/21 $

2021/22 $

2022/23 $

Projected Years 2023/24 2024/25 $ $

2025/26 $

2026/27 $

2027/28 $

2028/29 $

ASSETS Current Assets Cash & Cash Equivalents Receivables Inventories Other Total Current Assets Non-Current Assets Receivables Inventories Infrastructure, Property, Plant & Equipment Investments Accounted for using the equity method Intangible Assets Total Non-Current Assets TOTAL ASSETS

19,179,000 3,869,000 2,568,000 25,616,000

20,125,870 2,759,247 2,151,517 25,036,634

18,554,503 2,740,578 2,164,468 23,459,549

17,824,987 2,623,570 2,164,003 22,612,560

19,133,478 2,351,638 2,171,250 23,656,366

19,011,669 2,127,918 2,180,960 23,320,547

18,656,798 1,953,905 2,182,334 22,793,038

18,938,997 1,777,458 2,182,673 22,899,128

22,417,433 1,598,558 2,198,572 26,214,563

26,528,749 1,586,991 2,202,484 30,318,224

30,718,265 1,576,362 2,207,219 34,501,847

35,040,361 1,566,725 2,215,771 38,822,857

543,000 133,337,000 133,880,000 159,496,000

825,000 642,000 134,823,243 136,290,243 161,326,877

825,000 642,000 136,820,904 138,287,904 161,747,453

825,000 642,000 139,193,365 140,660,365 163,272,924

825,000 642,000 140,440,177 141,907,177 165,563,544

825,000 642,000 143,107,705 144,574,705 167,895,252

825,000 642,000 146,164,328 147,631,328 170,424,366

825,000 642,000 148,876,079 150,343,079 173,242,207

825,000 642,000 148,355,086 149,822,086 176,036,649

825,000 642,000 147,214,978 148,681,978 179,000,202

825,000 642,000 146,172,532 147,639,532 182,141,378

825,000 642,000 145,107,292 146,574,292 185,397,149

4,000 4,000

2,524 2,524

2,687 2,687

2,658 2,658

2,816 2,816

2,884 2,884

2,907 2,907

2,876 2,876

3,038 3,038

3,086 3,086

3,142 3,142

3,235 3,235

4,000 159,492,000

2,524 161,324,353

2,687 161,744,766

2,658 163,270,266

2,816 165,560,727

2,884 167,892,368

2,907 170,421,459

2,876 173,239,331

3,038 176,033,611

3,086 178,997,116

3,142 182,138,236

3,235 185,393,913

89,817,000 69,675,000 159,492,000 159,492,000

91,649,353 69,675,000 161,324,353 161,324,353

92,069,766 69,675,000 161,744,766 161,744,766

93,595,266 69,675,000 163,270,266 163,270,266

95,885,727 69,675,000 165,560,727 165,560,727

98,217,368 69,675,000 167,892,368 167,892,368

100,746,459 69,675,000 170,421,459 170,421,459

103,564,331 69,675,000 173,239,331 173,239,331

106,358,611 69,675,000 176,033,611 176,033,611

109,322,116 69,675,000 178,997,116 178,997,116

112,463,236 69,675,000 182,138,236 182,138,236

115,718,913 69,675,000 185,393,913 185,393,913

LIABILITIES Current Liabilities Payables Borrowings Provisions Total Current Liabilities Non-Current Liabilities Payables Income received in advance Borrowings Provisions Total Non-Current Liabilities TOTAL LIABILITIES

Net Assets EQUITY Retained Earnings Revaluation Reserves Council Equity Interest

Total Equity

Ten Year Long Term Financial Plan - Annual Review 2019/20

12

Griffith City Council 10 Year Financial Plan for the Years ending 30 June 2029 BALANCE SHEET - SEWER FUND

Actuals 2017/18 $

Current Year 2018/19 $

2019/20 $

2020/21 $

2021/22 $

2022/23 $

Projected Years 2023/24 2024/25 $ $

2025/26 $

2026/27 $

2027/28 $

2028/29 $

ASSETS Current Assets Cash & Cash Equivalents Receivables Inventories Other Total Current Assets Non-Current Assets Receivables Inventories Infrastructure, Property, Plant & Equipment Investments Accounted for using the equity method Intangible Assets Total Non-Current Assets TOTAL ASSETS

7,157,000 2,390,000 9,547,000

7,134,880 2,311,622 9,446,502

7,304,221 2,330,736 9,634,957

7,627,402 2,401,493 10,028,895

6,080,965 2,474,373 8,555,338

6,600,915 2,549,424 9,150,339

7,192,814 2,626,728 9,819,542

9,125,577 2,706,352 11,831,929

11,277,946 2,788,364 14,066,310

13,552,214 2,872,838 16,425,052

15,982,022 2,959,846 18,941,868

18,472,711 3,049,464 21,522,175

122,937,000 122,937,000 132,484,000

124,155,428 124,155,428 133,601,930

123,602,527 123,602,527 133,237,484

123,064,213 123,064,213 133,093,108

124,415,073 124,415,073 132,970,411

123,744,655 123,744,655 132,894,995

123,110,034 123,110,034 132,929,576

121,294,720 121,294,720 133,126,649

119,403,283 119,403,283 133,469,593

117,630,290 117,630,290 134,055,342

115,794,240 115,794,240 134,736,107

113,911,802 113,911,802 135,433,978

822,000 822,000

904,852 904,852

969,812 969,812

1,050,928 1,050,928

1,130,831 1,130,831

1,211,554 1,211,554

1,302,396 1,302,396

1,398,722 1,398,722

1,500,355 1,500,355

1,614,151 1,614,151

1,733,004 1,733,004

1,828,536 1,828,536

16,836,000 16,836,000 17,658,000 114,826,000

16,211,126 16,211,126 17,115,978 116,485,952

15,306,274 15,306,274 16,276,086 116,961,398

14,336,462 14,336,462 15,387,390 117,705,718

13,285,534 13,285,534 14,416,365 118,554,046

12,154,703 12,154,703 13,366,257 119,528,738

10,943,149 10,943,149 12,245,545 120,684,031

9,640,753 9,640,753 11,039,475 122,087,173

8,242,031 8,242,031 9,742,386 123,727,207

6,741,676 6,741,676 8,355,827 125,699,515

5,127,525 5,127,525 6,860,529 127,875,578

3,394,521 3,394,521 5,223,057 130,210,920

67,223,000 47,603,000 114,826,000 114,826,000

68,882,952 47,603,000 116,485,952 116,485,952

69,358,398 47,603,000 116,961,398 116,961,398

70,102,718 47,603,000 117,705,718 117,705,718

70,951,046 47,603,000 118,554,046 118,554,046

71,925,738 47,603,000 119,528,738 119,528,738

73,081,031 47,603,000 120,684,031 120,684,031

74,484,173 47,603,000 122,087,173 122,087,173

76,124,207 47,603,000 123,727,207 123,727,207

78,096,515 47,603,000 125,699,515 125,699,515

80,272,578 47,603,000 127,875,578 127,875,578

82,607,920 47,603,000 130,210,920 130,210,920

LIABILITIES Current Liabilities Payables Borrowings Provisions Total Current Liabilities Non-Current Liabilities Payables Income received in advance Borrowings Provisions Total Non-Current Liabilities TOTAL LIABILITIES

Net Assets EQUITY Retained Earnings Revaluation Reserves Council Equity Interest

Total Equity

Ten Year Long Term Financial Plan - Annual Review 2019/20

13

Griffith City Council - Long Term Infrastructure Plan 10 Year Capital Works Program General Fund

1

2

3

4

5

6

7

8

9

10

2019/20

2020/21

2021/22

2022/23

2023/24

2024/25

2025/26

2026/27

2027/28

2028/29

Year 1 Funding Item

Ranking/ Priority

Department

Linkage to Delivery Program/ Community Strategic Plan

Project

Comments

Project Total General Purpose Revenue

Unavoidable, as expenditure required to enable continued service provision, fund from fees and charges generated Unavoidable, as expenditure required to enable continued service provision, fund from fees and charges generated Funded from general purpose revenue. Expenditure unavoidable to provide capacity for this essential service to the community Lower priority but necessary in medium / longer term, fund from general purpose revenue

Grants/ Contributions

Reserves

Loans

1

1

Public Cemeteries

8.1.14

Lawn Beams - Blumer Ave site

2

1

Public Cemeteries

8.1.14

Vault Construction - Blumer Ave site

3

1

Public Cemeteries

8.1.13

New Cemetery - Stage 1 Rifle Range Road

4

3

Public Cemeteries

8.1.14

New Toilet Building-Yenda Cemetery (Addendum)

50,000

50,000

50,000

4

2

Fleet

8.1.12

Plant Replacement Program - General (Net)

Needed to maintain service level, fund from general purpose revenue

1,173,250

12,718,450

1,173,250

1,211,000

1,561,250

5

3

Fleet

8.1.12

Depot Buildings Asset Maintenance (Capital)

Needed to maintain service level, fund from general purpose revenue

60,000

1,505,130

60,000

10,000

590,000

6

3

Fleet

8.1.12

Fibre Optic Cabling to Main Works Depot

170,000

170,000

170,000

7

3

Fleet

8.1.12

Power Upgrade - Depot

8

2

Aquatic Facilities

4.4.1

GRALC Redevelopment

Needed to maintain service level, fund from general purpose revenue Needed to maintain service level, fund from general purpose revenue + contribution from Water, Sewer & Waste Funds Needed to improve service level, fund from external loan 50% & Grant 50%

9

3

Aquatic Facilities

4.4.2

Aquatic Facility Asset Maintenance (Capital)

Needed to maintain service level, fund from Facilities Reserve

10

3

Aquatic Facilities

4.4.2

Aquatic Facility Equipment Maintenance (Capital)

11

2

Parks & Gardens

5.3.1

West End Sports Precinct

12

2

Parks & Gardens

5.2.1

Playground Equipment Replacement - General

Needed to maintain service level, fund from general purpose revenue Needed to maintain service level, fund from grant, loan, contributions & Section 94A Needed to maintain service level, fund from Section 94A

13

2

Parks & Gardens

5.2.1

Playground Equipment Replacement - City Park

Needed to maintain service level, fund from Section 94A

14

2

Parks & Gardens

5.2.1

Irrigation System Installation - Replacements/Upgrades

15

2

Parks & Gardens

8.1.17

Upgrade Toilet Blocks - General

16

2

Parks & Gardens

5.3.1

Refurbish Sporting Ovals New Community Stage - Community Gardens & New Toilet Block - City Park New Rose Garden - Adjacent to Visitors Information Centre (Addendum)

Needed to maintain service level, fund from general purpose revenue Needed to maintain service level, fund from general purpose revenue (50%) & PRMF (50%) Needed to maintain service level, fund from Parks & Gardens Infrastructure Reserve

17

5

Parks & Gardens

5.2.1

18

5

Parks & Gardens

8.3.1

Lower priority but necessary in medium / longer term, fund from SCCF Grant

19

4

Parks & Gardens

5.3.1

Amenities Upgrade - Jubilee Park (Carryover from 2018/19)

Needed to improve service level, fund from SCCF grant

20

3

Parks & Gardens

5.2.2

Canine Water Fountain - Dog Off-Leash Area (Submission)

Needed to maintain service level, fund from general purpose revenue

21

2

Roads & Bridges

8.2.3

Blackspot Works - 1:1 RMS

22

2

Roads & Bridges

8.2.3

23

2

Roads & Bridges

24

2

25

2

26

3

Lower priority but necessary in medium / longer term, fund general purpose revenue

7,690

90,215

0

593,624

200,000

1,700,000

7,690

7,959

8,238

102,974

8,526

8,825

110,308

200,000

9,133

9,453

118,165

9,784

10,126

126,581

10,481 135,597

750,000

750,000

713,300

1,704,250

1,220,500

1,263,250

1,464,000

1,210,150

1,197,500

350,000

345,130

30,000

30,000

30,000

30,000

30,000

62,500

187,500

250,000

250,000

0

3,000,000

6,000,000

3,000,000

3,000,000

339,500

67,000

77,500

27,500

25,500

27,000

24,000

27,000

11,500

22,500

30,000

578,000

71,500

87,000

20,500

86,000

21,500

88,000

39,500

77,000

43,500

43,500

18,800,000

6,000,000

6,800,000

6,000,000

873,733

100,000

80,000

82,400

85,284

88,269

91,358

94,556

97,865

0

67,000

71,500 0

6,000,000

0

100,000

0

154,000 131,700

131,700

25,445

51,782

0

225,350

105,350

0

227,735

39,504

0

389,000

100,000

62,500 0

489,000

62,500

62,500

120,000 42,318

45,332

48,561

52,020

489,000

800,000

800,000

10,000

10,000

50% funded from RMS, priority safety projects with 50% contribution from R2R

0

400,000

Rural Unsealed - Specified Maintenance

Partially funded from FAGS grant road component & general purpose revenue

1,201,885

14,099,773

1,201,885

1,243,950

1,287,488

1,332,550

1,379,189

1,427,461

1,477,422

1,529,132

1,582,651

1,638,044

8.2.3

Reseals Urban

Partially funded from FAGS grant road component & general purpose revenue

423,825

4,972,069

423,825

438,660

454,013

469,904

486,350

503,372

520,990

539,225

558,098

577,631

Roads & Bridges

8.2.3

Reseals Rural

Partially funded from FAGS grant road component & general purpose revenue

856,505

10,048,021

856,505

886,485

917,512

949,625

982,862

1,017,262

1,052,866

1,089,716

1,127,856

1,167,331

Roads & Bridges

4.2.1

Traffic Safety Projects - RMS

RMS funded (50%) + GCC (50%)

884,854

70,350

73,868

77,560

81,438

85,510

89,786

94,276

98,990

103,940

109,137

Roads & Bridges

8.2.3

Kerb & Gutter Renewal

Lower priority but necessary in medium / longer term, fund from general purpose revenue

586,754

101,780

27

3

Roads & Bridges

8.2.3

Guard Rail Construction

Needed to maintain service level, fund from general purpose revenue

3

Roads & Bridges

8.2.3

Road Rehabilitations

Funded from R2R, seen as a priority road maintenance issue

0

29

3

Roads & Bridges

8.2.3

Road Resealing Program

Funded from R2R, seen as a priority road maintenance issue

0

30

3

Roads & Bridges

8.2.1

Walla Ave/Bromley Rd/Kidman Way Southern Bypass (Industrial Link)

Funded from Fixing Country Roads Grant & R2R

0

31

3

Roads & Bridges

8.2.3

Upgrade CBD Roads - Roads/Kerb & Gutter/Drainage

0

32

4

Roads & Bridges

8.2.3

Seal Boorga Road - From New Farms Rd to Dickie Rd

33

5

Roads & Bridges

8.2.3

50/50 Sealing of Roads (Addendum)

34

4

Cultural Services

4.6.1

Griffith Youth & Community Centre (GYCC)

35

6

Other Community Services

4.3.1

New Christmas Decorations/Lighting - Griffith CBD

36

3

City Strategy

2.3.4

Griffith CBD Strategy

37

3

City Strategy

2.3.4

Lake Wyangan Environmental Strategy Implementation

Needed to improve service level, fund from Loan

38

3

City Strategy

8.2.3

New Traffic Counters

39

3

City Strategy

8.2.3

Replace Survey Equipment

40

3

Street Lighting

10.2.2

Additional Lights - General

41

2

Works Management

8.2.3

Miscellaneous Capital Works Replacement Items

42

3

Governance

8.1.17

43

5

Governance

Lower priority but necessary in medium / longer term, fund from general purpose revenue Lower priority but necessary in medium / longer term, fund from general purpose revenue Priority to be determined but necessary in medium / longer term, fund from general purpose revenue

35,175

101,780

28

Needed to improve service level, fund from loan Needed to improve service level, fund from grant, contribution, R2R & partially funded from FAGS grant road component Lower priority but necessary in medium / longer term, fund from general purpose revenue (50%) & private person/entity (50%) Needed to improve service level, fund from grant Lower priority but necessary in medium / longer term, fund from general purpose revenue & Grant (Community Project Funding) Needed to improve service level, fund from Loan & Major Projects reserve

211,740

978,000

26,336

10,000

35,175

588,260

25,445

50,000

0

400,000

109,032

500,000

50,000

100,000

6,444,272

100,000

50,000

5,032,998

7,240,695

5,032,998

2,207,697

3,000,000

1,000,000

1,000,000

7,352,200

5,179,400

2,172,800

116,798

125,116

134,028

50,000

50,000

50,000

50,000

50,000

50,000

50,000

50,000

700,000

800,000

921,707

824,513

824,513

824,513

824,513

624,513

0

1,000,000 5,179,400

50,000

50,000

0

1,095,000

15,000

35,000

730,000

100,000

100,000

3,650,000

1,825,000

50,000

50,000

1,825,000

0

750,000

5,000,000

750,000

750,000

0

1,000,000

2,000,000

1,000,000

1,000,000

0

1,000,000

1,500,000

2,000,000

15,800

33,930

18,130

0

40,000

25,445

298,511

25,445

26,336

27,258

28,212

29,199

30,221

31,279

32,374

40,000 33,507

34,680

Needed to maintain service level, fund from general purpose revenue

12,600

147,816

12,600

13,041

13,497

13,970

14,459

14,965

15,489

16,031

16,592

17,173

Governance Building Asset Maintenance (Capital)

Needed to maintain service level, fund from general purpose revenue

121,000

497,600

121,000

41,000

81,200

65,000

20,000

13,000

81,400

30,000

30,000

15,000

3.1.11

Council Identification Sign & Time Capsule Project

Needed to maintain service level, fund from general purpose revenue

0

25,000

146,800

7,100

17,300

7,600

7,820

8,100

10,000

10,000

25,000

44

5

Administration

3.1.11

Digitising of Council Business Papers (Submission)

Needed to maintain service level, fund from general purpose revenue

45,000

45,000

45,000

45

3

Library

4.4.6

Library Building Asset Maintenance (Capital)

Needed to maintain service level, fund from general purpose revenue

132,500

512,720

132,500

46

3

Library

10.4.1

70kW Solar System - Library Building

Needed to maintain service level, fund from general purpose revenue

0

70,000

47

3

IT Services

3.1.13

Annual PC Replacement/Renewal Program

Needed to maintain service level, fund from general purpose revenue

115,374

1,322,634

115,374

118,835

122,400

126,072

129,854

133,750

137,763

141,895

146,152

150,537

48

3

IT Services

3.1.13

Servers & Network Upgrades

Needed to maintain service level, fund from general purpose revenue

17,380

199,242

17,380

17,901

18,438

18,992

19,561

20,148

20,753

21,375

22,016

22,677

49

3

IT Services

3.1.13

iPad Hardware Replacement

Needed to maintain service level, fund from general purpose revenue

10,000

114,639

10,000

10,300

10,609

10,927

11,255

11,593

11,941

12,299

12,668

13,048

50

3

IT Services

3.1.13

Replace CCTV Systems - Servers & Cameras

Needed to maintain service level, fund from general purpose revenue

10,000

404,000

10,000

30,000

40,000

60,000

35,000

32,000

75,000

52,000

60,000

10,000

51

3

Saleyards

8.1.11

Concrete Construction - Sheep Yard & Pavement Areas

36,722

430,798

36,722

38,007

39,337

40,714

42,139

43,614

45,140

46,720

48,356

50,048

52

3

Saleyards

8.1.11

Shade Structures / Yard Improvements / Signs / Misc

12,855

150,804

12,855

13,305

13,770

14,252

14,751

15,267

15,802

16,355

16,927

17,520

53

3

Saleyards

8.1.11

Refurbish Sheep Loading Ramps

45,000

180,000

45,000

45,000

45,000

45,000

54

3

Saleyards

8.1.11

Saleyard Expansion - Sheep Yards

Needed to maintain service level, fund from general purpose revenue

0

510,000

10,000

100,000

100,000

100,000

100,000

100,000

55

6

Saleyards

8.1.11

Weigh-in System - To Determine Truck Loads

Priority to be determined, fund from general purpose revenue

20,000

20,000

Expenditure required to enable continued service provision, fund from fees and charges generated Expenditure required to enable continued service provision & mitigate WHS concerns raised, fund from fees and charges generated Needed to maintain service level, fund from general purpose revenue

Ten Year Long Term Financial Plan - Annual Review 2019/20

165,500 70,000

20,000

14

56

3

Theatre

4.5.2

Theatre Asset Maintenance (Capital)

Needed to maintain service level, fund from Building Reserve

57

3

Stadium

5.3.4

Stadium Building Asset Maintenance (Capital)

Needed to maintain service level, fund from general purpose revenue

30,720

0

40,000

1,069,350

40,000

135,000

19,630

0

404,600

15,120

0

450,000

0

258,820

30,720

141,100

11,500

12,000

12,300

10,000

13,200

13,000

15,000

58

3

Pioneer Park Museum

8.1.23

Pioneer Park Museum Buildings Asset Maintenance (Capital) Needed to maintain service level, fund from general purpose revenue

78,900

234,900

78,900

12,000

35,000

22,000

29,500

10,500

14,000

33,000

59

3

Aerodrome

8.1.15

Terminal Building Asset Maintenance (Capital)

Needed to maintain service level, fund from general purpose revenue

50,715

182,070

50,715

26,100

11,475

11,900

12,300

12,730

13,200

13,650

60

3

Aerodrome

8.1.15

Renew Kangaroo Fencing

Needed to maintain service level, fund from general purpose revenue

0

300,000

2,000

2,000

2,000

2,000

2,000

61

3

Animal Control

4.4

Pound Building Asset Maintenance (Capital)

Needed to maintain service level, fund from general purpose revenue

50,000

50,000

3

Visitors Centre

8.1.23

Visitors Centre Building Asset Maintenance (Capital)

Needed to maintain service level, fund from general purpose revenue

50,300

139,300

50,300

43,000

32,000

63

3

Senior Citizens Centre

8.1.23

Senior Citizens Centre Building Asset Maintenance (Capital)

Needed to maintain service level, fund from general purpose revenue

26,000

69,000

26,000

13,000

20,000

3

Housing

8.1.23

State Bank House Asset Maintenance (Capital)

Needed to maintain service level, fund from general purpose revenue

65

3

Housing

8.1.17

Installation of Anchor Points on Council Buildings - WHS Issues

Expenditure required to enable continued service provision & mitigate WHS concerns raised, fund from fees and charges generated

66

3

Ranger Services

4.2.2

Replace "Alcohol Free Zone" Signs

Needed to maintain service level, fund from general purpose revenue

0

7,886

3,672

67

3

Parking Areas

8.2.3

Reseal Car Parks (New Expenditure)

Lower priority but necessary in medium / longer term, fund from general purpose revenue

0

303,646

52,672

68

2

Parking Areas

8.2.3

Construct 53 Railway Street Carpark (Griffith)

Needed to maintain service level, fund from general purpose revenue

0

420,000

69

2

Parking Areas

8.2.3

Construct 59 Railway Street Carpark (Griffith)

3

Footpaths & Cycleways

2.3.2

PAMP Implementation

71

3

Footpaths & Cycleways

2.3.2

Cycleways (Reseals & New Paths)

8,000 10,400

Needed to maintain service level, fund from general purpose revenue Needed to maintain or improve accessibility service level, fund 50% from general purpose revenue / 50% RMS Lower priority but necessary in medium / longer term, fund from general purpose revenue (50%) & RMS (50%) Lower priority but necessary in medium / longer term, fund from general purpose revenue Funded from RMS in 2018/19 & general purpose revenue, RMS & contribution from Baiada in 2019/20

0

5,000

2,000

2,000

5,000 8,000

10,400 4,214 56,424

60,443

64,748

69,359

420,000 465,000

465,000

12,723

12,723

287,562

25,446

26,336

27,258

28,212

29,200

30,222

30,222

30,222

30,222

30,222

58,918

58,918

1,382,384

117,836

121,960

126,230

130,648

135,221

139,952

144,851

149,920

155,168

160,598

650,340

55,436

57,376

59,384

61,463

63,614

65,840

68,145

70,530

72,998

75,553

1,500,000

900,000

72

3

Footpaths & Cycleways

8.2.3

CBD Paving Replacement

73

4

Footpaths & Cycleways

2.3.2

Hanwood Cycleway

74

4

Footpaths & Cycleways

2.3.2

Villages Footpaths

Funded from SCCF Grant & general purpose revenue

75

4

Urban Stormwater

8.1.17

Yoogali Levee

Needed to maintain service level, fund from OEH Grant (66.6%) & internal loan from Water Fund (33.4%)

0

2,400,000

76

4

Urban Stormwater

8.1.17

Drainage Improvements-Collina (work completed in 2018/19) Needed to maintain service level, fund from Section 64 Drainage Reserve

0

0

77

4

Urban Stormwater

8.1.17

Drainage Improvements/Replacements

Priority to be determined but necessary in medium / longer term, fund from Stormwater Reserve

78

4

General

8.1.17

Allocation of Wages/Salaries to Capital Works

Allocation of current staff to capital projects

55,436 125,000

450,000

575,000

575,000

22,570

196,000

218,570

218,570

0

63,610

52,048

Total

15,000

50,000

64

70

0

15,000

300,000

62

10,400

5,000

5,854,661

22,409,974

1,312,350

746,254

63,610

65,836

68,141

70,527

72,996

75,552

78,196

80,933

83,766

86,697

590,202

52,048

53,401

54,816

56,296

57,872

59,493

61,218

63,055

64,946

67,057

2,750,000

Total Capital

127,855,732

32,326,985

26,887,462

16,925,837

8,461,977

8,114,641

7,216,033

6,570,073

7,456,698

6,780,237

7,115,789

Infrastructure Backlog

9,132,680

3,171,850

2,580,700

2,367,500

375,500

372,130

54,000

57,000

41,500

52,500

60,000

Improved LOS

23,960,587

9,649,017

8,197,999

3,307,586

2,307,626

77,756

80,477

82,236

84,057

85,941

87,891

Growth Works

22,695,561

10,221,241

6,945,310

2,331,353

416,658

826,435

947,274

181,878

311,325

187,710

326,377

Asset Renewals

72,066,903

9,284,877

9,163,454

8,919,398

5,362,193

6,838,320

6,134,282

6,248,958

7,019,816

6,454,085

6,641,521

Total

127,855,732

32,326,985

26,887,462

16,925,837

8,461,977

8,114,641

7,216,033

6,570,073

7,456,698

6,780,237

7,115,789

2019/20

2020/21

2021/22

127,855,732

32,326,985

26,887,462

16,925,837

Summary Total Capital Expenditure

2022/23

2023/24

2024/25

2025/26

2026/27

2027/28

2028/29

8,461,977

8,114,641

7,216,033

6,570,073

7,456,698

6,780,237

7,115,789

1,304,172

1,014,493

959,187

1,414,079

969,178

1,174,492

New Capital Grant/Contribution Income

45,029,502

22,409,974

13,358,254

1,258,024

1,167,649

1. Council is committed to the expenditure

1

New Loans

18,300,000

2,750,000

6,250,000

7,800,000

1,500,000

2. Projects are essential to keep existing resources engaged or service levels maintained in a key function or infrastructure area

2

Funded by Rates, Fees & Charges or FAGS

58,313,323

5,854,661

6,596,772

6,098,542

5,075,983

6,223,473

5,956,252

5,417,420

5,810,266

5,610,237

5,669,715

3. Will be necessary to continue to provide the required level of service in the future

3

Funded by existing Grants/Loans already accounted for

4

Funded from existing Reserves

5

Funded by Asset/Land Sales

6

Total Capital Spend Funded

Legend

4. Funding has already been secured to complete the project 5. Is necessary expenditure but maybe able to be deferred 6. Project is not essential to providing a service or function

Priority

Current Year Capital Item Requests Not Considered Further Due To Lack Of Funding 79

5

Fleet

Brake Roller Tester-New Workshop

80

5

Fleet

Suspension Shaker-New Workshop

81

5

Fleet

Solar Power System-New Workshop

82

5

Fleet

Walk Behind Scrubber Sweeper-New Workshop

83

5

Fleet

New Tables & Chairs-Amenities Area (Depot)

84

5

City Strategy

85

5

Street Lighting

86

5

IT Services

Investigation of Options for Short Stay Accommodation Upgrade Streetlighting in Benerembah St CCTV Installation-IOOF Park

Rates/

Grants/

Charges/

Contributions

64,569 6,148,338

general general general general general general general general

1,312,350

617,868

1,769,271

718,345

586,996

245,288

193,465

232,352

200,822

271,582

32,326,985

26,887,462

16,925,837

8,461,977

8,114,641

7,216,033

6,570,073

7,456,698

6,780,237

7,115,789

2019/20

2020/21

2021/22

0 127,855,732

Reserves

Loans

Project Total

Fees Lower priority but necessary in medium / longer term, fund from purpose revenue Lower priority but necessary in medium / longer term, fund from purpose revenue Lower priority but necessary in medium / longer term, fund from purpose revenue Lower priority but necessary in medium / longer term, fund from purpose revenue Lower priority but necessary in medium / longer term, fund from purpose revenue Lower priority but necessary in medium / longer term, fund from purpose revenue Lower priority but necessary in medium / longer term, fund from purpose revenue Lower priority but necessary in medium / longer term, fund from purpose revenue Total

64,569

90,000

90,000

90,000

30,000

30,000

30,000

22,000

22,000

22,000

6,000

6,000

6,000

6,000

6,000

6,000

100,000

100,000

100,000

50,000

50,000

50,000

60,000

60,000

60,000

364,000

364,000

364,000

0

0

2023/24

2024/25

2025/26

2026/27

2027/28

2028/29

0

Total Capital Items Not Part of Original 2018/19 Capex Budget

Ten Year Long Term Financial Plan - Annual Review 2019/20

2022/23

0

0

0

0

0

0

0

0

15

0

Longer Term Capital Items Not Considered Further Due To Lack Of Funding 5

Parks & Gardens

88

5

Governance

89

5

Fleet

90

6

Public Cemeteries

91

6

Pioneer Park Museum

92

3

Parks & Gardens

93

3

Parks & Gardens

94

3

Parks & Gardens

Dalton Park Drainage Upgrade

95

6

Parks & Gardens

Unisex Disabled Toilet (In Existing Building) - City Park

96

6

Parks & Gardens

City Entrance Improvement Strategy

97

6

Parks & Gardens

Yenda Memorial Park Enhancement-Submission in 2018/19

by Yenda Progress Association

98

3

Pioneer Park Museum

Dog Off-Leash Area (Collina)

Sewer Connection-Extension Installation of Wi-Fi in the CBD

99

6

Economic Development

100

3

Urban Stormwater

101

3

Urban Stormwater

Rae Rd Drainage Upgrade

Public Cemeteries

Installation of 2 Solar Lights-Infant Section of Griffith Cemetery

102

5

Crook Rd Drainage Upgrade

103

5

Art Gallery

Installation of Storage Space-Shipping Container

104

5

Art Gallery

Display Cases-National Contemporary Jewellery Collection

105

5

Urban Stormwater

106

6

Roads & Bridges

107

6

Economic Development

108

3

Theatre

109

5

Urban Stormwater

110

5

Urban Stormwater

111

5

Urban Stormwater

112

5

Urban Stormwater

113

5

City Strategy

Urban Drainage Problems ("Nuisance Flooding") Rural Sealed - Heavy Patching

Grants/ Contributions

Reserves

Loans

Project Total

Fees

Lower priority but necessary in medium / longer term, fund from general purpose revenue Lower priority but necessary in medium / longer term, fund from general Livestreaming of Council Meetings purpose revenue Lower priority but necessary in medium / longer term, fund from general 2 x New Boom Gates-New Workshop purpose revenue Upgrade Yenda Cemetery Carpark-Submission in 2018/19 by Lower priority but necessary in medium / longer term, fund from general Yenda Progress Association purpose revenue Lower priority but necessary in medium / longer term, fund from general New Signage purpose revenue Installation of Potable Water Supply including Bubbler, Tap & Needed to maintain service level, fund from general purpose revenue Concrete Pad-Dog Off Leash Area New Toilet Block - Dalton Park (Includes demolition of Needed to maintain service level, fund from general purpose revenue existing one)

87

Rates/ Charges/

Needed to maintain service level, fund from general purpose revenue Lower priority but necessary in medium / longer term, fund from general purpose revenue Lower priority but necessary in medium / longer term, possible funding from major projects fund Lower priority but necessary in medium / longer term, fund from general purpose revenue Lower priority but necessary in medium / longer term, fund from fees and charges (50%) & PRMF Grant (50%) Lower priority but necessary in medium / longer term, fund from general purpose revenue Lower priority but necessary in medium / longer term, fund from general purpose revenue Lower priority but necessary in medium / longer term, fund from general purpose revenue Lower priority but necessary in medium / longer term, fund from general purpose revenue Lower priority but necessary in medium / longer term, fund from general purpose revenue Lower priority but necessary in medium / longer term, fund from general purpose revenue Priority to be determined but necessary in medium / longer term, fund from Urban Stormwater Management Reserve once Yambil Street loan repayment is completed in 2019/20

Can only be funded from general purpose revenue if available Lower priority but necessary in medium / longer term, fund from general Signage Strategy Renewal purpose revenue Elevated Work Platform Needed to maintain service level, fund from general purpose revenue Priority to be determined but necessary in medium / longer term, fund from Detention Systems North of CBD general purpose revenue Priority to be determined but necessary in medium / longer term, fund from Urban Drainage Problems Yenda Stage 2, 3A, 3B, 3C, 4, 5 general purpose revenue Priority to be determined but necessary in medium / longer term, fund from Urban Drainage Problems Yoogali Stage 2, 3, 4, 5, 6 general purpose revenue Priority to be determined but necessary in medium / longer term, fund from Urban Drainage Problems Hanwood Stage 1A, 1B, 1C, 2, 3, 4 general purpose revenue Cultural Precent Masterplan Implementation (Includes the Escalated level of service, possible funding from major projects fund Clock Restaurant) Total

2019/20

50,000

50,000

50,000

17,000

17,000

17,000

8,000

8,000

8,000

TBA

0

TBA

6,000

6,000

6,000

15,000

15,000

15,000

250,000

250,000

250,000

390,265

390,265

390,265

50,000

50,000

50,000

100,000

100,000

100,000

TBA

0

TBA

50,000

50,000

25,000

25,000

33,000

33,000

33,000

30,000

30,000

30,000

120,000

120,000

120,000

20,000

20,000

20,000

5,000

5,000

5,000

28,000

28,000

28,000

0

2,383,852

115,763

1,456,048

115,763

2020/21

121,551

2021/22

2022/23

2027/28

2028/29

282,118

291,992

302,212

312,789

323,737

335,067

134,010

140,710

147,746

155,133

162,889

171,034

179,586

439,737

457,344

475,679

494,771

514,653

66,000

36,000 35,631

368,777

1,554,372

368,777

381,684

395,043

408,869

613,000

2,398,000

613,000

633,000

776,000

376,000

421,000

749,000

421,000

328,000

910,000

2,200,000

910,000

600,000

450,000

240,000

2,000,000

3,000,000

2,000,000

1,000,000

15,000

15,000

15,015,168

5,672,435

3,064,234

2,027,031

1,431,456

0

Total Capital Items Not Considered Further Due To Lack Of Funding

Ten Year Long Term Financial Plan - Annual Review 2019/20

2026/27

272,578

35,631

0

2025/26

127,628

36,000

25,000

2024/25

263,360

35,631

5,647,435

2023/24

437,828

16

Items Identified At Strategic Planning Think Tank-Held on 15 December 2016

Item

Department

Linkage to Delivery Program/ Community Strategic Plan

Comments

Project

Estimated Cost

A

Aquatic Facilities

50 Metre Outdoor Pool

Refer item 8

B

Public Cemeteries

New Lawn Cemetery-Rifle Range Road

Refer item 3

1,500,000

C

City Strategy

Central Business District Upgrade & Carpark

Refer items 31, 36

5,000,000

D

Parks & Gardens

City Entrances Improvement Works

Refer item 96

Roads & Bridges

Southern Section Of Industrial Link Road

Refer item 30

4,000,000

Parks & Gardens

Multi Purpose Sports Facility-Secondary Education Option

Refer item 11

18,800,000

E

F Parks & Gardens G

City Strategy

Multi Purpose Sports Facility-Showground Redevelopment (Crown Reserve) Cultural Precincts-War Memorial, Pioneer Park, Clock Building, Art Gallery & Library

5,500,000

33,000

Not in existing 10 Year Capex Program Refer item 113

100,000

H

City Strategy

Lake Wyangan-Walk/Cycle Track & Need for Other Upgraded Refer revised capital expenditure budget in 2018/19. Part of ledger account Facilities 035122.0224.100

I

City Strategy

Hermits Cave Development

Not in existing 10 Year Capex Program

Multi Purpose Community Facilities

Refer items 17, 34

Installation of Solar Energy for Council Owned Buildings & Facilities

Refer item 46

Aged Care Facilities-Need for Public Pathways & Cycleways for Residents & Visitors

Refer items 70, 71, 72, 73, 74

Council Funding For Community Based Improvement Priorities

Not in existing 10 Year Capex Program

J

Parks & Gardens

K

Library

L

Footpaths & Cycleways

M

City Strategy

-

400,000 4,328,000 70,000 3,113,856

N

City Strategy

Affordable Housing Options

Refer to operating budget in 2018/19. Ledger account 054117.0111.100

O

Roads & Bridges

Road Network Maintenance

Grant application lodged & being assessed by RMS. Not in existing 10 Year Capex Program

55,000 -

Ten Year Long Term Financial Plan - Annual Review 2019/20

17

10 Year Capital Works Program Waste Fund Type of Works

Item

Plant 1 Griffith 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Project

Linkage to Delivery Program/ Community Strategic Plan

Plant Replacement Program - Waste (Net)

10.3.1

Purchasing a Industrial Litter Vacuum Cleaner Landscaping Landfill Workshop/Tea Room Site New Landfill Engineering & Restoration Piping Existing Open Drain New Landfill Cell Construction Preparation Quarry Floor Existing Landfill Restoration Open Quarry Pit 101 Construct Outbound Weighbridge Bin Replacements 240L Residential Bin Replacements 240L Commercial Bin Replacements 660L Commercial Bin Replacements 1100L Commercial Waste Sundry Tools Signs Extend Council's Communication Network from Weighbridge to Landfill Site Office

10.3.1 10.3.1 10.3.1 10.3.1 10.3.1 10.3.1 10.3.1 10.3.3 10.3.3 10.3.3 10.3.3 10.3.3 10.3.1 10.3.1 10.3.1

Improved LOS

70% 40% 20%

Growth Works

Year 1 Funding Asset Renewal

100% Total Capital

Project Totals

Loans

3

4

5

6

7

8

9

10

2019/20

2020/21

2021/22

2022/23

2023/24

2024/25

2025/26

2026/27

2027/28

2028/29

838,000

3,466,689

838,000

30,000 20,000 60,000 30,000 2,900,000 200,000 2,600,000 400,000 250,000 300,000 125,000 125,000 100,000 100,000 25,000

30,000 20,000 60,000 30,000

90% 90% 90% 90% 60% 60%

30,000 20,000 60,000 30,000 0 200,000 200,000 0 0 30,000 12,500 12,500 10,000 10,000 5,000 300,000

300,000

300,000

11,031,689

Improved LOS

100%

40% 40%

Reserves

2

100% 100% 30% 60% 80% 100% 100% 100% 100% 10% 10% 10% 10%

Grants/ Rates / Charges/Fees Contributions

1

1,758,000

0

570,000

200,000

200,000

250,000

250,000

250,000 400000

250,000

250,000

250,000

250,000

250,000

400,000

30,000 12,500 12,500 10,000 10,000

30,000 12,500 12,500 10,000 10,000 5,000

30,000 12,500 12,500 10,000 10,000

30,000 12,500 12,500 10,000 10,000 5,000

30,000 12,500 12,500 10,000 10,000

250,000 30,000 12,500 12,500 10,000 10,000 5,000

30,000 12,500 12,500 10,000 10,000

30,000 12,500 12,500 10,000 10,000 5,000

30,000 12,500 12,500 10,000 10,000

1,758,000

650,000

1,100,000

802,000

836,000

695,000

657,000

365,689

871,000

3,297,000

644,000

350,000

4,000

6,000

4,000

6,000

4,000

256,000

4,000

6,000

4,000

Growth Works

6,261,000

502,500

456,500

456,500

656,500

256,500

256,500

256,500

256,500

256,500

2,906,500

Renewals

4,126,689

905,500

189,500

637,500

141,500

573,500

434,500

144,500

105,189

608,500

386,500

11,031,689

1,758,000

650,000

1,100,000

802,000

836,000

695,000

657,000

365,689

871,000

3,297,000

11,031,689

1,758,000

650,000

1,100,000

802,000

836,000

695,000

657,000

365,689

871,000

3,297,000

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

11,031,689

1,758,000

650,000

1,100,000

802,000

836,000

695,000

657,000

365,689

871,000

3,297,000

11,031,689

1,758,000

650,000

1,100,000

802,000

836,000

695,000

657,000

365,689

871,000

3,297,000

0

0

Total Summary Total Capital Expenditure New Loans Funded from Unspent Loans Funded from Grants/ Contributions Funded from Reserve Funded by Rates, Fees & Charges Total Capital Spend funded

Ten Year Long Term Financial Plan - Annual Review 2019/20

200,000 200,000

30,000 12,500 12,500 10,000 10,000 5,000

77,000

506,000

370,000

77,000

40,689

125,000

541,000

322,000

2,500,000

18

10 Year Capital Works Programme Water Fund Year 1 Funding

Type of Works

Item

Project

Griffith WTP 1 Upgrade (Elec/Mech/Civil) Griffith W.T.P 2 Upgrade Capacity Griffith W.T.P (15Ml) 3 Upgrade Sand Filters & Water T/Plant Griffith Reservoirs 4 Refurbish Reservoir 30Ml (1986) 5 Refurbish Reservoir 14Ml (1977) 6 Refurbish Reservoir 9Ml (1949) 7 Refurbish Reservoir (Scenic Hill)-Raw Water 8 New 15 ML Storage (Scenic Hill) Yenda 9 Upgrade (Elec/Mech) Yenda W.T.P 10 Membrane Replacement/Raw Water Pumps Reticulation Renewals 11 Potable Reticulation Mains Renewals 12 Potable Trunk Mains Renewal 13 Raw Mains Renewals 14 Raw Water Pump Stations 15 Potholing for Forward Design of Water Mains Water Meter Etc Renewals 16 Water Meter Etc Renewals Program 17 New Water Meters/ RPZ's (Purchase) 18 New Water Meters/ RPZ's (Install) 19 Electronic Water Meter Reading Program Mains Extensions - Potable 20 New Reticulation Mains (Potable) 21 Miscellaneous New/Replacement Mains New Trunk Mains 22 New Trunk Mains (Potable) Miscellaneous 23 Replace Elec/ Mech Equip P/Stations 24 Scada/Telemetery System 25 Capital Salaries 26 Plant Replacement Program - Water (Net) 27 Sundry Tools 28 Additional Unforeseen Capital Requirements 29 Investigation & Forward Planning 30 Chlorine Probes Replace 31 Telecommunications Tower at Reservoirs

Linkage to Delivery Program/ Community Strategic Plan 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1

Improved LOS

Growth Works

Asset Renewals

40%

60% 100%

50%

50%

50%

100% 100% 100% 50%

50% 50% 100%

8.1.1 8.1.1

100%

8.1.1 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1

40% 40% 20% 50% 20% 50% 50% 100%

20,000 0 0

Reserves

Loans

Project Totals

120,000 4,150,000 6,000,000

1,500,000

3

4

5

6

7

8

9

10

2019/20

2020/21

2021/22

2022/23

2023/24

2024/25

2025/26

2026/27

2027/28

2028/29

20,000

50,000

50,000

1,500,000

1,500,000

1,500,000

600,000

150,000 1,500,000

4,000,000

177,000 800,000 100,000 100,000 4,000,000

200,000 100,000 100,000

50% 100%

50,000 100,000

100,000 200,000

50,000 100,000

50,000

100% 100% 100% 100% 100%

200,000 540,000 60,000 20,000 20,000

2,938,280 3,348,500 960,000 20,000 200,000

200,000 540,000 60,000 20,000 20,000

538,280 408,500 100,000

300,000 300,000 100,000

300,000 300,000 100,000

300,000 300,000 100,000

100,000 300,000 100,000

300,000 300,000 100,000

300,000 300,000 100,000

300,000 300,000 100,000

300,000 300,000 100,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

100%

75,000 45,000 45,000 0

750,000 450,000 450,000 1,500,000

75,000 45,000 45,000

75,000 45,000 45,000

75,000 45,000 45,000

75,000 45,000 45,000 1,500,000

75,000 45,000 45,000

75,000 45,000 45,000

75,000 45,000 45,000

75,000 45,000 45,000

75,000 45,000 45,000

75,000 45,000 45,000

100%

80,000 20,000

800,000 180,000

80,000 20,000

80,000

80,000 20,000

80,000 20,000

80,000 20,000

80,000 20,000

80,000 20,000

80,000 20,000

80,000 20,000

80,000 20,000

100%

300,000

2,654,000

300,000

714,000

570,000

570,000

65,000 10,000 86,810 222,900 14,000 50,000 10,000 12,500 350,000

65,000 120,000 990,849 2,527,150 149,000 535,000 100,000 50,000 350,000

65,000 10,000 86,810 222,900 14,000 50,000 10,000 12,500 350,000

30,000 89,708 285,000 15,000 50,000 10,000

10,000 92,085 155,750 15,000 50,000 10,000

10,000 94,571 69,000 15,000 55,000 10,000 12,500

10,000 97,219 324,000 15,000 55,000 10,000

10,000 99,941 213,000 15,000 55,000 10,000

10,000 102,840 302,000 15,000 55,000 10,000 12,500

10,000 105,925 230,000 15,000 55,000 10,000

10,000 109,102 362,750 15,000 55,000 10,000

10,000 112,648 362,750 15,000 55,000 10,000 12,500

34,884,779

4,296,210

4,705,488

3,614,835

5,071,071

5,496,219

5,187,941

1,992,340

1,410,925

1,546,852

1,562,898

Improved LOS

6,131,670

1,311,112

879,942

879,917

2,367,664

111,944

112,488

119,318

113,685

114,320

121,280

Growth Works

12,770,925

498,905

920,354

759,043

911,786

4,193,110

4,194,471

695,920

197,463

199,051

200,824

Renewals

15,982,185

2,486,193

2,905,192

1,975,876

1,791,621

1,191,166

880,982

1,177,102

1,099,778

1,233,481

1,240,794

34,884,779

4,296,210

4,705,488

3,614,835

5,071,071

5,496,219

5,187,941

1,992,340

1,410,925

1,546,852

1,562,898

34,884,779

4,296,210

4,705,488

3,614,835

5,071,071

5,496,219

5,187,941

1,992,340

1,410,925

1,546,852

1,562,898

New Loans

0

0

0

0

0

0

0

0

0

0

0

Funded from Unspent Loans

0

0

0

0

0

0

0

0

0

0

0

Funded from Grants/ Contributions

0

0

0

0

0

0

0

0

0

0

0

6,000,000

1,500,000

1,500,000

1,500,000

1,500,000

0

0

0

0

0

0

28,884,779

2,796,210

3,205,488

2,114,835

3,571,071

5,496,219

5,187,941

1,992,340

1,410,925

1,546,852

1,562,898

25%

8.1.1 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1 8.1.1

Grants/ Contributions

2

0 200,000 100,000 100,000 0

100% 25%

Rates / Charges/Fees

1

50% 50%

30% 50%

30%

Total Capital

60% 30% 30% 100% 50% 50% 50% 50%

2,796,210

0

1,500,000

0

Total

177,000

4,000,000

100,000

500,000

Summary Total Capital Expenditure

Funded from Reserve Funded by Rates, Fees & Charges

Ten Year Long Term Financial Plan - Annual Review 2019/20

19

10 Year Capital Works Programme Sewer Fund Year 1 Funding

Type of Works

Item

Project

Linkage to Delivery Program/ Community Strategic Plan

Improved LOS

Growth Works

Asset Renewals

Rates / Charges/Fees

Grants/ Contributions

Reserves

Loans

Project Totals

1

2

3

4

5

6

7

8

9

10

2019/20

2020/21

2021/22

2022/23

2023/24

2024/25

2025/26

2026/27

2027/28

2028/29

Griffith

1

Griffith WRP Membrane Replacement

2

Replacement of GWRP Elec /Mech Equipment

3

Griffith WRP - Various

4 Upgrade of Pump Stations (Civil & Electrical) New Pump Stations 5 Pump Station G21 (Murrumbidgee Av) 6 Pump Station (Farm 12 Collina) 7 Pump Station G32 ( South of GWRP) Yenda 8 Yenda Sewage Treatment Plant Lake Wyangan 9 New Rising Main (G7 To GWRP) 10 Pump Station (LW1, LW2) 11 Trunk Reticulation Sewer Renewals & New Sewers 12 Renewals of Gravity Sewers 13 Renewals of Rising Mains Miscellaneous 14 Upgrade SCADA & Telemetry Systems 15 Plant Replacement Program - Sewer (Net) 16 Purchase Low Pressure Grinder Pumps 17 Miscellaneous - Capital 18 Capital Salaries 19 Sundry Tools 20 Investigation & Forward Planning

-

100%

0

1,900,000

8.1.2

100%

30,000

300,000

30,000

50%

210,000

320,000

100%

100,000

440,000

0 0 0

350,000 450,000 500,000

10,000

50,000

0 0 200,000

900,000 400,000 500,000

200,000

400,000 300,000

100% 100%

100,000 900,000

1,600,000 3,600,000

100,000 900,000

100,000 600,000

100,000 600,000

100,000 600,000

200,000 150,000

200,000 150,000

200,000 150,000

200,000 150,000

200,000 150,000

200,000 150,000

20% 100%

10,000 47,000 0 50,000 57,410 15,000 10,000

140,000 1,354,500 80,000 500,000 655,841 150,000 100,000

10,000 47,000 0 50,000 57,410 15,000 10,000

10,000 94,000 0 50,000 59,382 15,000 10,000

10,000 66,500 10,000 50,000 60,956 15,000 10,000

50,000 259,000 10,000 50,000 62,602 15,000 10,000

10,000 309,000 10,000 50,000 64,354 15,000 10,000

10,000 73,000 10,000 50,000 66,156 15,000 10,000

10,000 22,000 10,000 50,000 68,075 15,000 10,000

10,000 186,000 10,000 50,000 70,117 15,000 10,000

10,000 149,000 10,000 50,000 72,221 15,000 10,000

10,000 149,000 10,000 50,000 74,568 15,000 10,000

14,290,341

1,739,410

1,788,382

3,712,456

1,726,602

Improved LOS

913,168

175,482

80,876

81,191

108,520

76,871

77,231

77,615

78,023

78,444

78,914

Growth Works

3,603,505

237,446

738,629

849,574

550,561

951,612

52,694

53,845

55,070

56,333

57,741

Renewals

9,773,668

1,326,482

968,876

2,781,691

1,067,520

769,871

524,231

483,615

638,023

611,444

601,914

14,290,341

1,739,410

1,788,382

3,712,456

1,726,602

1,798,354

654,156

615,075

771,117

746,221

738,568

14,290,341

1,739,410

1,788,382

3,712,456

1,726,602

1,798,354

654,156

615,075

771,117

746,221

738,568

New Loans

0

0

0

0

0

0

0

0

0

0

0

Funded from Unspent Loans

0

0

0

0

0

0

0

0

0

0

0

Funded from Grants/ Contributions

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

14,290,341

1,739,410

1,788,382

3,712,456

1,726,602

1,798,354

654,156

615,075

771,117

746,221

738,568

8.1.2

50%

8.1.2 8.1.2 8.1.2 8.1.2

100% 100% 100%

8.1.2

100%

8.1.4 8.1.4 8.1.4

100% 100% 100%

8.1.2 8.1.2 8.1.1 8.1.2 8.1.2 8.1.2 8.1.2 8.1.2 8.1.2

80% 100% 80% 20% 40% 50%

60% 20%

20% 20% 40% 50%

Total Capital

1,739,410

0

0

0

Total

1,900,000 30,000

30,000

30,000

30,000

30,000

30,000

30,000

30,000

30,000

210,000

20,000

20,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

100,000

100,000

30,000

30,000

30,000

30,000

30,000

30,000

30,000

30,000

350,000 450,000 500,000 10,000

10,000

10,000

10,000

10,000

900,000

1,798,354

654,156

615,075

771,117

746,221

738,568

Summary Total Capital Expenditure

Funded from Reserve Funded by Rates, Fees & Charges

Ten Year Long Term Financial Plan - Annual Review 2019/20

20