Delivery Program 2009–2012 - Rockdale City Council - NSW ...
Delivery Program 2009–2012 - Rockdale City Council - NSW ... Delivery Program 2009–2012 - Rockdale City Council - NSW ...
Financial Plan ContextThis three-year Financial Plan forecasts over $205 million will be spent providing the extensive works and services thatare proposed for delivery as described in the City Plan. Therefore, the Financial Plan is a key enabler for funding anddelivering Council’s works and services.The 2009/2010 budget will allocate $73.5 million towards the following major programs:◆ Principal Services Activities - $52 million;◆ Capital Works - $16 million;◆ Fixed Costs - $5 million (excluding $10m depreciation) and;◆ Research and Development - $0.5m.Where the Money Comes FromDeveloper Contributions1%Government Grants9%Fees & Charges10%Reserves Utilised14%Loans & Other Income2%Waste Charges16%Rates Income47%Interest Received1%Where the Money GoesCity Strategy5%Waste Services14%City Services33%Fixed Cost & Others18%Corporate Support9%GM’s Office & Governance2%Capital Expenditure19%Rockdale City Plan | 20
Long-term Financial SustainabilityThe cost of goods and services increases each year by an amount greater than our income as a result of a number ofincome constraints (such as rate pegging and other regulations on pricing). This creates a structural financial problemwe refer to as the ‘Income Gap’.Council does everything within its control to manage the Income Gap by pursuing grants, maximising discountsthrough government supply contracts and bulk buying, working collaboratively with neighbouring councils, maximisingreturns on investments, striving for excellence and efficiencies, continuous improvements, and monitoring andreviewing.In addition, Council carefully manages its income and expenditure through the use of sound financial reportingsystems; the coordination and control of the budget process within the framework of the statutory accountingrequirements.The biggest single financial issue facing Council is the need to repair and replace ageing assets, while providing newassets to meet the needs and expectations of our community.Discretionary Funds and Income GapIncome GapGap ‘managed’ to-dateMillion’sProjected GapCouncil takes corrective action each year to ensure the amount spent is equal to the amount available. However, it isacknowledged that this action to constrain costs within the income limits will only be possible in the short-term; it isnot sustainable in the long-term.Delivery Program 2009-2012 | 21
- Page 1 and 2: DeliveryProgram2009-2012
- Page 3 and 4: Table of Contentspage 5 Introductio
- Page 5 and 6: IntroductionThe Rockdale Community
- Page 7 and 8: Council’s Senior OfficersChris Wa
- Page 9 and 10: Departments and Their Responsibilit
- Page 11 and 12: Corporate Strategies and PlansAsset
- Page 13 and 14: Communications Strategy and PolicyC
- Page 15 and 16: Customer ServicesIn 2008, Council w
- Page 17 and 18: EEO Management PlanEqual Employment
- Page 19: Financial PlanExecutive SummaryUnde
- Page 23 and 24: Budget Summary2008/2009$2009/2010$2
- Page 25 and 26: Budget Detail (cont.)Fixed CostsLoa
- Page 27 and 28: As we couldn’t afford to do these
- Page 29 and 30: Rating PolicyGeneral OverviewIn 200
- Page 31 and 32: Annual Charges PolicyDomestic Waste
- Page 33 and 34: Council charges a Stormwater Levy t
- Page 35 and 36: Work on Private LandCouncil carries
- Page 37 and 38: Cash Reserves PolicyThe establishme
- Page 39 and 40: Environmental ManagementCouncil is
- Page 41 and 42: The State of Our City’s Environme
- Page 43 and 44: AtmosphereThe major air pollutants
- Page 45 and 46: Waste Avoidance and Resource Recove
- Page 47 and 48: Major Responses◆ Heritage items w
- Page 49 and 50: 01/02 02/03 03/04 04/05 05/06 06/07
- Page 51: 01/02 02/03 03/04 04/05 05/06 06/07
- Page 54 and 55: Strategic Direction 1Outcome: Corpo
- Page 56 and 57: Strategic Direction 1 (cont.)Outcom
- Page 58 and 59: Strategic Direction 2Outcome: Corpo
- Page 60 and 61: Strategic Direction 2 (cont.)Outcom
- Page 62 and 63: Strategic Direction 3Outcome: Corpo
- Page 64 and 65: Strategic Direction 4Outcome: Corpo
Financial Plan ContextThis three-year Financial Plan forecasts over $205 million will be spent providing the extensive works and services thatare proposed for delivery as described in the <strong>City</strong> Plan. Therefore, the Financial Plan is a key enabler for funding anddelivering <strong>Council</strong>’s works and services.The 2009/2010 budget will allocate $73.5 million towards the following major programs:◆ Principal Services Activities - $52 million;◆ Capital Works - $16 million;◆ Fixed Costs - $5 million (excluding $10m depreciation) and;◆ Research and Development - $0.5m.Where the Money Comes FromDeveloper Contributions1%Government Grants9%Fees & Charges10%Reserves Utilised14%Loans & Other Income2%Waste Charges16%Rates Income47%Interest Received1%Where the Money Goes<strong>City</strong> Strategy5%Waste Services14%<strong>City</strong> Services33%Fixed Cost & Others18%Corporate Support9%GM’s Office & Governance2%Capital Expenditure19%<strong>Rockdale</strong> <strong>City</strong> Plan | 20
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