10.07.14.Minutes Finance Committee Meeting · Officer: Jim Dillon – Financial Consultant Amended By: Nil Disclosure of Interest: Nil Date: 9 July 2010 Application To consider the

SHIRE OF MOUNT MAGNET

MINUTES

FINANCE COMMITTEE MEETING OF COUNCIL

14 JULY 2010

DISCLAIMER

No responsibility whatsoever is implied or accepted by the Shire of Mount Magnet for any act, omission, statement or intimation occurring during this meeting. It is strongly advised that persons do not act on what is heard at this meeting and should only rely on written confirmation of Council’s decision, which will be provided within fourteen (14) days of this meeting.

Shire of Mount Magnet Minutes Finance Committee Meeting 14 July 2010 Page 1


Minutes of Finance Committee Meeting Held in Council Chambers, Lot 163 Hepburn St, Mount Magnet

14 July 2010

TABLE OF CONTENTS

1. DECLARATION OF OPENING / ANNOUNCEMENT OF VISITORS ...........................2 2. RECORD OF ATTENDANCE / APOLOGIES / LEAVE OF ABSENCE .........................2 3. RESPONSE TO PREVIOUS PUBLIC QUESTIONS TAKEN ON NOTICE ...................2 4. PUBLIC QUESTION TIME....................................................................................................2 5. CONFIRMATION OF MINUTES OF PREVIOUS MEETING .........................................3

5.1 Minutes of the Finance Committee Meeting 19 May 2010........................................ 3 6. ANNOUNCEMENTS BY PRESIDING PERSON WITHOUT DISCUSSION..................3 7. PETITIONS / DEPUTATIONS / PRESENTATIONS / SUBMISSIONS ...........................3 8. AGENDA ITEMS .....................................................................................................................3

8.1 MANAGEMENT AND POLICY ................................................................................ 4 8.1.1 Accounts for Payment.......................................................................................4 8.1.3 Mining and Pastoral Museum........................................................................44 Forward Capital Works .............................................................................................47 8.1.4 Confirmation of Reserve Funds.....................................................................51

9. CONFIDENTIAL BUSINESS ...............................................................................................54 10. NEW BUSINESS.....................................................................................................................54 11. NEXT MEETING ...................................................................................................................54 12. CLOSURE OF MEETING ....................................................................................................54 13. CERTIFICATION BY CHAIRMAN ...................................................................................54



Minutes Finance Committee Meeting 14 July 2010

1. DECLARATION OF OPENING / ANNOUNCEMENT OF VISITORS The Chairperson declared the meeting open at 3:03 pm. 2. RECORD OF ATTENDANCE / APOLOGIES / LEAVE OF ABSENCE Chairperson Cr Will Scott Member Cr Ashley Dowden Member Cr Greg Scott Member Cr Kevin Brand Member Cr Wendy McGorman Member Cr Karen Williams Member Cr Jorgen Jensen Member Cr Marilyn Davies Chief Executive Officer Mr David Burton Deputy CEO Mr Cameron Watson Midwest Accounting Service Mr Jim Dillon APOLOGIES Member Cr David Jones LEAVE OF ABSENCE Nil 3. RESPONSE TO PREVIOUS PUBLIC QUESTIONS TAKEN ON NOTICE Nil 4. PUBLIC QUESTION TIME Nil


5. CONFIRMATION OF MINUTES OF PREVIOUS MEETING

5.1 Minutes of the Finance Committee Meeting 19 May 2010

OFFICER RECOMMENDATION/COMMITTEE RECOMMENDATION

Moved: Cr Dowden Seconded: Cr Williams That the minutes of the Finance Committee Meeting held on 19 May 2010 as circulated be confirmed as a true and correct record of proceedings.

CARRIED 8/0 6. ANNOUNCEMENTS BY PRESIDING PERSON WITHOUT DISCUSSION Nil 7. PETITIONS / DEPUTATIONS / PRESENTATIONS / SUBMISSIONS Nil 8. AGENDA ITEMS


8.1 MANAGEMENT AND POLICY

8.1.1 Accounts for Payment

File: FI-APAY Officer: Senior Finance Officer Amended By: Nil Disclosure of Interest: No Interest to Disclose Date: 7 July 2010

Accounts for payment totalling $ 142,554.55 (Municipal Account) represented by-

Vouchers 12958 to 12962 $ 4,627.23 EFT’s $ 137,928.32 Total $ 142,554.55 are presented for payment.

Financial Implications

Nil Strategic Implications

Nil Voting Requirements Simple Majority

OFFICER RECOMMENDATION/COMMITTEE RESOLUTION

Moved: Cr G Scott Seconded: Cr Jensen

Accounts for payment totalling $ 142,554.55 (Municipal Account) represented by-

Vouchers 12958 to 12962 $ 4,627.23 EFT’s $ 137,928.32 Total $ 142,554.55 are presented for payment.

CARRIED 8/0


List of Accounts submitted to the Ordinary Meeting of Council held on the 23rd July 2010 Confirmation in respect of Accounts Authorised for payment by the Chief Executive Officer

Vchr No Date Payee's Name Particulars Amount Other

of Payment Funds Trust

EFT1164 16/06/2010 BIKE FORCE GERALDTON Fix My Ride - Coaching Sessions First Payment -1000.00

EFT1165 30/06/2010 ASHLEY W DOWDEN Members Fees & Presidential Allowance Jan 10-Jun 10 -8092.84

EFT1166 30/06/2010 CR JORGEN JENSEN Members Fees Jan 10-Jun 10 -1642.20

EFT1167 30/06/2010 CR WILLIAM SCOTT Members Fees Jan 10-Jun 10 -1874.22

EFT1168 30/06/2010 DAVID ANTHONY JONES Members Fees Jan 10-Jun 10 -1195.84

EFT1169 30/06/2010 GREGORY ROBERT SCOTT Members Fees Jan10-Jun 10 -2155.17

EFT1170 30/06/2010 KAREN WILLIAMS Members Fees Jan 10-Jun 10 -1560.00

EFT1171 30/06/2010 KEVIN MAURICE BRAND Members Fees Jan 10-Jun 10 -1560.00

EFT1172 30/06/2010 MARILYN DAVIES Members Fees Jan 10-Jun 10 -480.00

EFT1173 30/06/2010 WENDY ANNE MCGORMAN Members Fees Jan 10-Jun 10 -1320.00

EFT1174 30/06/2010 AERODROME MANAGEMENT SERVICES Airport Landing Data May 2010 -290.35

EFT1175 30/06/2010 AIT SPECIALISTS PTY LTD Professional Services - Fuel Tax Credits 01/07/07 to

30/04/10

-4899.95

EFT1176 30/06/2010 ALEXANDER INSTALLATION SERVICE Anzac Hall - Service Fridge Unit -297.00

EFT1177 30/06/2010 ATYEO'S ENVIRO HEALTH SERVICES EHO/Building Surveyor - June 2010 -6930.00

EFT1178 30/06/2010 BATTERIES PLUS TECHNOLOGIES Printing Supplies - Ink Cartridges -284.13

EFT1179 30/06/2010 BIKE FORCE GERALDTON Fix My Ride - Coaching Sessions Final Payment -1100.00

EFT1180 30/06/2010 BROADCAST AUSTRALIA Power Recovery - SBSTV 17/02/10-20/04/10 -45.56

EFT1181 30/06/2010 COMMERCIAL CLUB HOTEL MT MAGNET Catering - Council Meetings December 09 - May

2010, Airport Opening, Shire Christmas Party 09

-4683.50

EFT1182 30/06/2010 COURIER AUSTRALIA Freight Account Various -152.47

EFT1183 30/06/2010 FIRE & EMERGENCY SERVICES

AUTHORITY

2009/10 ESL Quarter 4 ESL Income - Local

Government Opt B

-2151.82

EFT1184 30/06/2010 FLETCHER COMMUNICATIONS Phone System Maintenance -104.50

EFT1185 30/06/2010 GERALDTON FUEL COMPANY Diesel Fuel 7340 L -9974.32

EFT1186 30/06/2010 GERALDTON MOWER & REPAIRS Trash Pump -2393.05

EFT1187 30/06/2010 GREAT NORTHERN RURAL SERVICES Soil Sample for Median Strip - MBA -185.00

EFT1188 30/06/2010 HAINES NORTON (WA) PTY LTD Audit - Roads to Recovery - 05/06, 06/07, 07/08 &

08/09

-3960.00

EFT1189 30/06/2010 HARVEY NORMAN COMPUTER STORE Epson Stylus TX110 Multi Function x 3 -189.00

EFT1190 30/06/2010 IP CAMERAS AUSTRALIA 10 x Infrared Cameras Including Connectors -3487.00

EFT1191 30/06/2010 LANDGATE Title Search Fees -61.50

EFT1192 30/06/2010 M2 COMMANDER PTY LIMITED Commander Service Assurance 28 June - 27 July 2010 -116.53

EFT1193 30/06/2010 MAGNET POST AND LOTTERIES Stationery Order - Copy Paper -660.25

EFT1194 30/06/2010 MURCHISON MAIL & FREIGHT Freight - Safety Work Wear -35.20

EFT1195 30/06/2010 TEAKLE & LALOR Attendance - Council Meeting - Proposed Museum

Building

-1624.70

EFT1196 30/06/2010 TELSTRA Telephone Account Various -1885.53

EFT1197 30/06/2010 TOLL IPEC PTY LTD Freight - Library Books -68.27

EFT1198 30/06/2010 WA LOCAL GOVERNMENT ASSOCIATION Advertising Account May 2010 -3766.70

EFT1199 30/06/2010 WESTNET PTY LTD Internet Account Various May-June 2010 -1178.99

EFT1200 30/06/2010 WINGZONE PTY LTD IGA Account May 2010 -388.60

EFT1201 29/06/2010 CBA MASTERCARD Netball Carnival - Accommodation, Skippers Flights -

EHO/Building Surveyor, MA2129 - Oversize Permit

-2618.24

EFT1202 30/06/2010 CHILD SUPPORT AGENCY Payroll Deductions -363.60

EFT1203 30/06/2010 CHILD SUPPORT AGENCY Payroll Deductions -327.24

EFT1204 14/06/2010 AUSTRALIAN TAXATION OFFICE BAS - February, March, April 2010 -21075.91

12958 30/06/2010 CASH Reimbursement Petty Cash June 2010 -255.80

12959 30/06/2010 AMALGAMATED MOVIES Screening Fee - Ponyo" March 2010" -194.70

12960 30/06/2010 DEPARTMENT OF ENVIRONMENT &

CONSERVATION

Mount Magnet Refuse Site Licence Renewal 2010 -648.40

12961 30/06/2010 MIDWEST GASCOYNE NETBALL REGION Netball Coaching Course -60.00

12962 30/06/2010 YAKKA PTY LTD Staff Uniforms Various -3468.33

DIRECT 01/07/2010 PAYROLL PPE 29/06/2010 -41748.14

Municipal Fund …. …. …. …. …. …. …. …. -$142,554.55 0.00

Trust Fund Accounts …. …. …. …. …. …. …. …. 0.00 0.00

Loan Capital Accounts …. …. …. …. …. …. …. …. 0.00 0.00

Trading Fund Accounts …. …. …. …. …. …. …. …. 0.00 0.00

Other Fund Accounts …. …. …. …. …. …. …. …. 0.00 0.00

Total …. …. …. …. -$142,554.55 $0.00

……………………...……………..…...…..………..……….….CHAIR

23rd July 2010

The accounts referred to in the above statement have been paid, totalling as under:-


8.1.2 Monthly Report to 30 June 2010

File: FI-REP Officer: Jim Dillon – Financial Consultant Amended By: Nil Disclosure of Interest: Nil Date: 9 July 2010

Application To consider the Financial Reports for 30 June 2010. Background Financial Activity Statement Report – s.6.4 (1) A local government is to prepare each month a statement of financial activity reporting

on the sources and applications of funds, as out in the annual budget under regulation 22(1)(d), for that month in the following detail – (a) Annual budget estimates, taking into account any expenditure incurred for an additional purpose under section 6.8(1)(b) or(c); (b) Budget estimates to the end of the month to which the statement relates; (c) Actual amounts of expenditure, revenue and income to the end of the month to which the statement relates; (d) Material variances between the comparable amounts referred to in paragraphs (b) and (c); and (e) The net current assets at the end of the month to which the statement relates.

(2) Each statement of financial activity is to be accompanied by documents containing-

(a) an explanation of the composition of the net current assets of the month to which the statement relates, less committed assets and restricted assets; (b) An explanation of each of the material variances referred to in sub-regulation (1)(d); and (c) Such other supporting information as is considered relevant by the local government.

(3) The information in a statement of financial activity may be shown –

(a) According to nature and type classification, (b) By program; or (c) By business unit.

(4) A statement of financial activity, and the accompanying documents referred to in sub-regulation (2), are to be – (a) presented to the council –

(i) at the next ordinary meeting of the council following the end of the month to which the statement relates; or (ii) if the statement is not prepared in time to present it to the meeting referred to in subparagraph (i), to the next ordinary meeting of the council after that meeting; and

(b) Recorded in the minutes of the meeting at which it is presented.

(5) Each financial year, a local government is to adopt a percentage or value, calculated in accordance with AAS 5, to be used in statements of financial activity for reporting material variances.


(6) In this regulation –} committed assets~ means revenue unspent but set aside under the annual budget for a specific purpose; } restricted assets~ have the same meaning as in AAS 27.[Regulation 34 inserted in Gazette 31 Mar 2005 p. 1049-50.] [35. Repealed in Gazette 31 Mar 2005 p. 1050.]

Comment A monthly financial report is to be presented to Council at the next ordinary meeting following the end of the reporting period.

• Financial Activities Statement

• Significant Accounting Policies

• Statement of Objective

• Reserves

• Net Current Assets

• Borrowings

• Rates Report

• Plant and Vehicles – Purchases and Trade-Ins/Sales

• Detailed Activity – by Account

• Capital Expenditures – by Account

• Trust Funds Please Note: This Financial Report is at 30

th June 2010 Current.

Adjustments for End of Financial Year are still to be made.

Consultation Jim Dillon - Midwest Accounting Service Statutory Environment Local Government Act 1995 Section 6.4 Financial Report Financial Management Regulations 34 & 35 Policy Implications Nil Financial Implications Nil Strategic Implications Nil Voting Requirements Simple Majority


Moved: Cr Dowden Seconded: Cr G Scott That the financial report for the period ending 30 June 2010 be received. CARRIED 8/0


MONTHLY STATEMENT OF FINANCIAL ACTIVITY

FOR THE PERIOD 1 July 2009 TO 30 June 2010

MOUNT MAGNET

JUNE 2010


June June

2010 2010 2009/10 Variance Annual

Operating Actual Y-T-D Budget Budget YTD Budget

$ $ $ % %

Revenues/Sources

Governance 418 3,000 3,000 13.92% 13.92%General Purpose Funding 2,618,441 2,916,761 2,916,761 89.77% 89.77%

Law, Order, Public Safety 12,802 8,500 8,500 150.61% 150.61%

Health 580 100 100 580.00% 580.00%Education and Welfare 91 4,400 4,400 2.07% 2.07%

Housing 8,147 7,900 7,900 103.13% 103.13%

Community Amenities 88,202 87,900 87,900 100.34% 100.34%Recreation and Culture 103,618 90,200 90,200 114.88% 114.88%

Transport 250,815 616,300 616,300 40.70% 40.70%

Economic Services 163,938 152,000 152,000 107.85% 107.85%Other Property and Services 219,332 200,900 200,900 109.17% 109.17%

3,466,383 4,087,961 4,087,961 84.79% 84.79%

(Expenses)/(Applications)

Governance (262,351) (247,305) (247,305) 106.08% 106.08%

General Purpose Funding (83,343) (83,300) (83,300) 100.05% 100.05%Law, Order, Public Safety (73,103) (71,090) (71,090) 102.83% 102.83%

Health (35,390) (45,500) (45,500) 77.78% 77.78%

Education and Welfare (5,673) (8,165) (8,165) 69.48% 69.48%Housing (85,889) (75,500) (75,500) 113.76% 113.76%

Community Amenities (265,186) (242,125) (242,125) 109.52% 109.52%

Recreation & Culture (810,887) (701,900) (701,900) 115.53% 115.53%Transport (1,789,427) (1,665,100) (1,665,100) 107.47% 107.47%

Economic Services (493,861) (479,990) (479,990) 102.89% 102.89%

Other Property and Services (193,256) (321,085) (321,085) 60.19% 60.19%(4,098,364) (3,941,060) (3,941,060) 103.99% 103.99%

Net result operating (631,982) 146,901 146,901 -430.21% -430.21%

Non Cash Adjustment

(Revenue) and Expenditure

(Profit)/Loss on Asset Disposals - (10,000) (10,000) 0.00% 0.00%

Depreciation on Assets 1,740,316 1,427,050 1,427,050 121.95% 121.95%

Accruals - - 0.00% 0.00%Capital Revenue and (Expenditure)

Purchase Land Held for Resale - - - 0.00% 0.00%

Purchase Land and Buildings (378,306) (1,941,465) (1,941,465) 19.49% 19.49%

Purchase Infrastructure Assets - Parks (12,056) (20,000) (20,000) 0.00% 0.00%

Purchase Infrastructure Assets - Roads (412,122) (322,000) (322,000) 127.99% 127.99%

Purchase Infrastructure Assets -Airport (80,827) (113,400) (113,400) 71.28% 71.28%

Purchase Infrastructure Assets -Other (2,249) (82,500) (82,500) 2.73% 2.73%

Purchase Plant and Equipment (113,663) (188,500) (188,500) 60.30% 60.30%

Purchase Furniture and Equipment (30,382) (9,500) (9,500) 319.81% 319.81%

Repayment of Debentures (5,752) (5,300) (5,300) 108.52% 108.52%

Self-Supporting Loan Principal Income - - - 0.00% 0.00%

Purchase of Investments - - - 0.00% 0.00%

Proceeds from Disposal of Investments - - - 0.00% 0.00%

Proceeds from New Debentures - - - 0.00% 0.00%

Proceeds from Disposal of Assets 11,298 25,000 25,000 0.00% 45.19%

Transfers to Reserves (Restricted Assets) (714,115) (40,000) (40,000) 0.00% 0.00%

Transfers from Reserves (Restricted Assets) 3,975 1,300,000 1,300,000 0.00% 0.31%Net result Capital (1,734,198) (1,397,665) (1,397,665) 127.73% 127.73%

Net cash (625,863) 166,286 166,286 -303.40% -303.40%

This statement is to be read in conjunction with the accompanying notes.

MOUNT MAGNET

STATEMENT OF FINANCIAL ACTIVITY



MOUNT MAGNET

NOTES TO AND FORMING PART OF THE STATEMENT OF FINANCIAL ACTIVITY


1. SIGNIFICANT ACCOUNTING POLICIES

The significant accounting policies which have been adopted in the preparation of this statement of

financial activity are:

(a) Basis of Accounting

This statement is a special purpose financial report, prepared in accordance with applicable Australian

Australian Accounting Standards, other mandatory professional reporting requirements and the LocalGovernment Act 1995 (as amended) and accompanying regulations (as amended).

(b) The Local Government Reporting Entity

All Funds through which the Council controls resources to carry on its functions have beenincluded in this statement.

In the process of reporting on the local government as a single unit, all transactions and balancesbetween those funds (for example, loans and transfers between Funds) have been eliminated.

All monies held in the Trust Fund are excluded from the statement, but a separate statement

of those monies appears at Note 9.

(c) Rounding Off Figures

All figures shown in this statement, other than a rate in the dollar, are rounded to the nearest dollar.

(d) Rates, Grants, Donations and Other Contributions

Rates, grants, donations and other contributions are recognised as revenues when the localgovernment obtains control over the assets comprising the contributions. Control over assets

acquired from rates is obtained at the commencement of the rating period or, where earlier, uponreceipt of the rates.

(e) Goods and Services Tax

In accordance with recommended practice, revenues, expenses and assets capitalised are stated netof any GST recoverable. Receivables and payables are stated inclusive of applicable GST.

(f) Cash and Cash Equivalents

Cash and cash equivalents comprise cash at bank and in hand and short-term deposits that are

readily convertible to known amounts of cash and which are subject to an insignificant risk ofchanges in value.

For the purposes of the Cash Flow Statement, cash and cash equivalents consist of cash and

cash equivalents as defined above, net of outstanding bank overdrafts. Bank overdrafts areincluded as short-term borrowings in current liabilities.

(g) Trade and Other Receivables

Trade receivables, which generally have 30 - 90 day terms, are recognised initially at fair value and subsequently measured at amortised cost using the effective interest rate method, less any allowance for

uncollectible amounts.

Collectibility of trade receivables is reviewed on an ongoing basis. Debts that are known to be uncollectible are written off when identified. An allowance for doubtful debts is raised when there is objective evidence that

they will not be collectible.


MOUNT MAGNET



1. SIGNIFICANT ACCOUNTING POLICIES (Continued)

(h) Inventories

(i) Fixed Assets

All assets are initially recognised at cost. Cost is determined as the fair value of the assets given asconsideration plus costs incidental to the acquisition. For assets acquired at no cost or for nominal

consideration, cost is determined as fair value at the date of acquisition. The cost of non-current assets

constructed by the Municipality includes the cost of all materials used in the construction, direct labour

on the project and an appropriate proportion of variable and fixed overhead.

Certain asset classes may be revalued on a regular basis such that the carying values are not materially

different from fair value. Assets carried at fair value are to be revalued with sufficient regularity to ensure

the carrying amount does not differ materially from that determined using fair value at reporting date.

(j) Depreciation of Non-Current Assets

All non-current assets having a limited useful life are systematically depreciated over their useful

lives in a manner which reflects the consumption of the future economic benefits embodied in

those assets.

Depreciation is recognised on a straight-line basis, using rates which are reviewed each reportingperiod. Major depreciation periods are:

Buildings 30 to 50 yearsFurniture and Equipment 4 to 10 years

Plant and Equipment 5 to 15 yearsSealed roads and streets

clearing and earthworks not depreciated construction/road base 50 years

original surfacing and

major re-surfacing

- bituminous seals 20 years

- asphalt surfaces 25 years

General

Inventories are valued at the lower of cost and net realisable value. Net realisable

value is the estimated selling price in the ordinary course of business less the estimated costs of completion and the estimated costs necessary to make the sale.

Inventories held from trading are classified as current even if not expected to be realised in the next 12

months.

Land Held for Resale

Land purchased for development and/or resale is valued at the lower of cost and net realisable value. Cost includes the cost of acquisition, development and interest incurred on the financing of that land during its

development. Interest and holding charges incurred after development is complete are recognised as expenses.

Revenue arising from the sale of property is recognised in the operating statement as at the time of signing a

binding contract of sale.

Land held for resale is classified as current except where it is held as non-current based on Council’s

intentions to release for sale.





(j) Depreciation of Non-Current Assets

Gravel roads


gravel sheet 12 yearsFormed roads (unsealed)


Footpaths - slab 40 yearsSewerage piping 100 years

Water supply piping & drainage systems 75 years

(k) Impairment

In accordance with Australian Accounting Standards the Council's assets, other than inventories, areassessed at each reporting date to determine whether there is any indication they may be impaired.

Where such an indication exists, an estimate of the recoverable amount of the asset is made

in accordance with AASB 136 "Impairment of Assets" and appropriate adjustments made.

An impairment loss is recognised whenever the carrying amount of an asset or its cash-generatingunit exceeds its recoverable amount. Impairment losses are recognised in the Income Statement.

For non-cash generating assets such as roads, drains, public buildings and the like, value in use is

represented by the depreciated replacement cost of the asset.

At the time of preparing this report, it is not possible to estimate the amount of impairment losses

(if any) as at 30 June 2010.

In any event, an impairment loss is a non-cash transaction and consequently, has no impact onthe Monthly Statement of Financial Position from a budgetary perspective.

(l) Trade and Other Payables

Trade and other payables are carried at amortised cost. They represent liabilities for goods and servicesprovided to the Municipality prior to the end of the financial year that are unpaid and arise when the

Municipality becomes obliged to make future payments in respect of the purchase of these goods andservices. The amounts are unsecured and are usually paid within 30 days of recognition.

MOUNT MAGNET


MOUNT MAGNET




(m) Employee Benefits

The provisions for employee benefits relates to amounts expected to be paid for long service

leave, annual leave, wages and salaries and are calculated as follows:

(i) Wages, Salaries, Annual Leave and Long Service Leave (Short-term Benefits)The provision for employees’ benefits to wages, salaries, annual leave and long service leave

expected to be settled within 12 months represents the amount the municipality has a presentobligation to pay resulting from employees services provided to balance date. The provision has

been calculated at nominal amounts based on remuneration rates the Council expects to payand includes related on-costs.

(ii) Annual Leave and Long Service Leave (Long-term Benefits)

(n) Interest-bearing Loans and Borrowings

All loans and borrowings are initially recognised at the fair value of the consideration received lessdirectly attributable transaction costs.

After initial recognition, interest-bearing loans and borrowings are subsequently measured at amortisedcost using the effective interest method. Fees paid on the establishment of loan facilities that are

yield related are included as part of the carrying amount of the loans and borrowings.

Borrowings are classified as current liabilities unless the Council has an unconditional right to defersettlement of the liability for at least 12 months after the balance sheet date.

Borrowing Costs

Borrowing costs are recognised as an expense when incurred except where they are directly attributableto the acquisition, construction or production of a qualifying asset. Where this is the case, they are

capitalised as part of the cost of the particular asset.

(o) Provisions

(p) Current and Non-Current Classification

In the determination of whether an asset or liability is current or non-current, consideration is given to the time when each asset or liability is expected to be settled. The asset or liability is classified as current if it is

expected to be settled within the next 12 months, being the Council’s operational cycle. In the case of liabilities where Council does not have the unconditional right to defer settlement beyond 12 months, such as

vested long service leave, the liability is classified as current even if not expected to be settled within the next 12 months. Inventories held for trading are classified as current even if not expected to be realised in the

next 12 months except for land held for resale where it is held as non-current based on Council’s intentions to release for sale.

The liability for long service leave is recognised in the provision for employee benefits and measured as the

present value of expected future payments to be made in respect of services provided by employees up to the reporting date using the projected unit credit method. Consideration is given to expected future wage and

salary levels, experience of employee departures and periods of service. Expected future payments are discounted using market yields at the reporting date on national government bonds with terms to maturity and

currency that match as closely as possible, the estimated future cash outflows. Where Council does not have the unconditional right to defer settlement beyond 12 months, the liability is recognised as a current liability.

Provisions are recognised when: The council has a present legal or constructive obligation as a result of past events; it is more likely than not that an outflow of resources will be required to settle the obligation; and the

amount has been reliably estimated. Provisions are not recognised for future operating losses.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood

of an outflow with respect to any one item included in the same class of obligations may be small.


MOUNT MAGNET



STATEMENT OF OBJECTIVE

In order to discharge its responsibilities to the community, the Council has developed a set ofoperational and financial objectives. These objectives have been established both on an overall

basis and for each of its broad activities/programs.

The Shire of Mount Magnet is dedicated to providing high quality services to the community through

the various service orientated programs which it has established.

GENERAL PURPOSE FUNDING Program/Function No. 3This includes income relating to Rating; the Untied Financial Assistance Grants; and Interest on

Investments. It also includes expenses related to Rating functions.

GOVERNANCE Program/Function No. 4

This includes those income and expenses relating to Councillors, and Council's Governance role,

and a portion of Administration which cannot be reliably allocated or linked to other programs.

LAW, ORDER, PUBLIC SAFETY Program/Function No. 5

Includes items of Bushfire prevention actions; Ranger services & Animal control; & SES items; as well as supervision, related costs, & enforcement of Local Laws.

HEALTH Program/Function No. 7

Involves food inspection, control and licencing of food outlets, food hygiene and promotion,Mosquito Control, & other Health issue including Aboriginal Health issues

EDUCATION AND WELFARE Program/Function No. 8

The program includes Prizes/Donations applicable to School events; & certain Youth related items

HOUSING Program/Function No. 9This mainly involves the Pensioner Units; Staff Housing has been generally allocated to specific programs.

COMMUNITY AMENITIES Program/Function No. 10

This includes Rubbish/Sanitation collection & disposal items; FloodMitigation works; Town Planning;

Public Toilets; & Cemeteries.

RECREATION AND CULTURE Program/Function No. 11

Public Halls & Community Centres; Swimming Pool & Recreation Centre; Parks & Gardens items;

The Recreation/Physical Activities Officer & related expenses; The Rec Centre & Oval; other

Recreation items; Library operations; as well as TV & Radio broadcasting;

TRANSPORT Program/Function No. 12

Maintenance & construction of roads, bridges, drainage, footpaths; cleaning & lighting of streets;

verge & trees maintenance; large plant & machine replacements.

Airport operations are alson involved, but shown separately as an important Council service

ECONOMIC SERVICES Program/Function No. 13

Tourism operations; Building control matters; Community Development Officer; & Caravan Park;.

OTHER PROPERTY & SERVICES Program/Function No. 14

Private works; Administration; Public works overheads, Plant operating costs, & various other Unclassified

Services. This section also includes Administration costs in gross terms, which have then been re-allocated

to the other Functions/Programs via an allocation system known as Activity Based Costing - 'ABC allocated'.


MOUNT MAGNET



June

2010 2009/10

Actual Budget

$ $

RESERVES

Cash Backed Reserves

(a) Reserve - Empoyee Liability Reserve

Opening Balance 28,173 28,173

Amount Set Aside / Transfer to Reserve 1,026 845

Amount Used / Transfer from Reserve - (15,000)

29,199 14,018

(b) Reserve - Airport


Amount Set Aside / Transfer to Reserve 4,028 3,318

Amount Used / Transfer from Reserve - -

114,630 113,919

(c) Reserve - Building Reserve



Amount Used / Transfer from Reserve - (600,000)

685,614 81,366

(d) Reserve - Plant Reserve




82,186 81,678

(e) Reserve - Community Bus Reserve




35,686 35,465

(f) Reserve - Roads Reserve


Amount Set Aside / Transfer to Reserve 1,140 939


32,441 32,240

(g) Reserve - Infrastructure




432,560 429,884

(h) Reserve - Museum

Opening Balance - -

Amount Set Aside / Transfer to Reserve 664,491 -

Amount Used / Transfer from Reserve (3,975) -

660,515 -

Total Cash Backed Reserves 2,072,831 788,572

All of the above reserve accounts are supported by money held in financial institutions.


MOUNT MAGNET



June

2010 2009/10

Actual Budget

RESERVES (Continued) $ $

Summary of Transfers

To Cash Backed Reserves

Transfers to Reserves

Reserve - Empoyee Liability Reserve 1,026 845

Reserve - Airport 4,028 3,318

Reserve - Building Reserve 24,093 19,846

Reserve - Plant Reserve 2,887 2,379

Reserve - Community Bus Reserve 1,254 1,033

Reserve - Roads Reserve 1,140 939

Reserve - Infrastructure 15,197 12,521

Reserve - Museum 664,491 -

714,115 40,881

Transfers from Reserves

Reserve - Empoyee Liability Reserve - (15,000)

Reserve - Airport - -

Reserve - Building Reserve - (600,000)

Reserve - Plant Reserve - -

Reserve - Community Bus Reserve - -

Reserve - Roads Reserve - -

Reserve - Infrastructure - -

Reserve - Museum (3,975)

(3,975) (615,000)

Total Transfer to/(from) Reserves 710,140 (574,119)

In accordance with council resolutions in relation to each reserve account, the purpose for which

the reserves are set aside are as follows:

Reserve - Empoyee Liability Reserve

- to be used to fund annual and long service leave requirements.

Reserve - Airport

- to be used for the purchase of airport terminal

Reserve - Building Reserve

- to be used for the construction of a new administration centre.

Reserve - Plant Reserve

- to be used for the purchase of major plant.

Reserve - Community Bus Reserve

- to be used for the purchase of replacement vehicle

Reserve - Roads Reserve

- to be used for the road infrastructure

Reserve - Infrastructure

- to be used for the other infrastructures


MOUNT MAGNET



June June

2010 2009

Actual Actual

$ $

NET CURRENT ASSETS

Composition of Estimated Net Current Asset Position

CURRRENT ASSETS

Cash - Unrestricted 727,815 799,285

Cash - Restricted 2,072,831 1,362,690

Receivables-Rates 306,864 260,622

Receivables-Sundry 164,251 930,218

Inventories 34,226 8,300

3,305,986 3,361,115

LESS: CURRENT LIABILITIES

Payables and Provisions (299,123) (439,269)

Provisions (89,765) (89,765)

(388,887) (529,034)

Less: Cash - Reserves - Restricted (2,072,831) (1,362,690)

Less: Cash - Unspent Grants (66,000) (66,000)

NET CURRENT FUNDING POSITION 778,268 1,403,391


(a) Debenture Repayments Principal New Principal Principal Interest

1/07/09 Loans Repayments 30-Jun-10 Repayments

Ln $ $ Actual Budget Actual Budget Actual Budget

Particulars No. 30/06/2010 $ 30/06/2010 $ 30/06/2010 $

Staff Housing 38 120,512 - 5,752 5,300 114,760 5,752 7,896 5,500

120,512 - 5,752 5,300 114,760 5,752 7,896 5,500

Rating Information Rate in Number Rateable 2009/10 2009/10 2009/10 2009/10 2009/10

RATE TYPE $ of Value Budgeted Budgeted Budgeted Budgeted Actual

Properties $ Rate Interim Back Total $

Differential General Rate Revenue Rates Rates Revenue

GRV Urban 01 7.7250 297 2,313,834 179,057 0 0 179,057 178,744

GRV Single Persons Quarters 05 14.1110 6 340,240 47,460 0 0 47,460 48,011

UV Rural/Pastoral 03 7.6190 19 421,253 30,965 0 0 30,965 32,095UV Prospecting 07 23.8960 21 77,077 22,314 0 0 22,314 18,418

UV Exploration 06 23.8960 36 323,398 72,632 0 0 72,632 77,279

UV Mining 02 23.8960 71 2,012,053 473,350 0 0 473,350 480,800UV Gold Mining 08 23.8960 0 0 0 0 0 0 0

Sub-Totals 450 5,487,855 825,778 0 0 825,778 835,348

Minimum

Minimum Rates $

GRV Urban 01 323 47 72,822 14,535 0 0 14,535 15,181

GRV Boogardie/Lennonville 04 109 6 120 654 0 0 654 654

GRV Single Persons Quarters 05 463 1 0 612 0 0 612 463UV Rural/Pastoral 03 323 1 1,500 323 0 0 323 323

UV Prospecting 07 463 123 160,378 58,801 0 0 58,801 68,338

UV Exploration 06 463 27 10,046 12,964 0 0 12,964 9,130

UV Mining 02 463 37 131,792 17,131 0 0 17,131 28,432UV Gold Mining 08 463 1 277 463 0 0 463 463

Totals 243 376,935 105,483 0 0 105,483 122,984

693 5,864,790 931,261 0 931,261 958,332Ex-Gratia Rates 0 0

931,261 958,332

Discounts 0 0

Totals 931,261 958,332All land except exempt land in the Shire of Mt Magnet is rated according to its Gross Rental Value (GRV) in townsites or Unimproved Value (UV)

in the remainder of the Shire.

The general rates detailed above for the 2009/10 financial year have been determined by Council on the basis of raising the revenue requiredto meet the deficiency between the total estimated expenditure proposed in the budget and the estimated revenue to be received from all sources

other than rates and also considering the extent of any increase in rating over the level adopted in the previous year.

MOUNT MAGNET




Shire of MOUNT MAGNET

PLANT PURCHASES, TRADE-INS/SALES & OTHER ASSET DISPOSALS TO 30/06/2010

BUDGET

New Old NEW TRADE INS NETT To month of June-10

DESCRIPTION Asset TRADE IN/DISPOSAL Asset Sch PRICE & SALES COST Sales or PROJECTED

No. No. No $ $ $ New Price Trade-In NETT Cost New Price Trade-Ins NETT Cost VARIATION

LIGHT VEHICLES

Toyota Hilux - 4WD - Works Manager 50,000 50,000 42,672 42,672 42,672 42,672 7,328

Holden Commodore Sedan Disposal -13,000 -11,298 -11,298 -11,298 -1,702

50,000 -13,000 50,000 42,672 -11,298 31,374 42,672 -11,298 42,672 5,626

PLANT

Kruger 45 Triaxle Drop Deck Trailer 55,000 55,000 0 0 55,000 55,000 0

Bobcat Trailer 13,000 13,000 11,500 11,500 11,500 11,500 1,500

300hp Pressure Cleaner 3,500 3,500 910 910 910 910 2,590

1200lt 6m Devil Boom Sprayer 17,000 17,000 13,975 13,975 13,975 13,975 3,025

Pacesetter Pump 12,000 12,000 0 0 12,000 12,000 0

Security Alarm & video surveillance 28,000 28,000 28,000 28,000 28,000 28,000 (0)

Hansa C13PTO Woodchipper 10,000 10,000 4,640 4,640 4,640 4,640 5,360

Diesel Bowser 0 0 2,750 2,750 2,750 2,750 (2,750)

Honda Lawnmower 0 0 1,750 1,750 1,750 1,750 (1,750)

Trash Pump 0 0 2,245 2,245 2,245 2,245 (2,245)

Grundfos Pump & Cable 0 0 5,220 5,220 5,220 5,220 (5,220)

138,500 0 138,500 70,990 0 70,990 137,990 0 137,990 510

Combined Totals 188,500 -13,000 175,500 113,662 -11,298 102,364 180,662 -11,298 169,364 6,136

OTHER ASSETS - DISPOSALS

OTHER ASSETS

0 0 0 0 0 0 0 0 0 0

OVERALL TOTALS 188,500 (13,000) 175,500 113,662 (11,298) 102,364 180,662 (11,298) 180,662 6,136

DETAILS TO DATE END OF YEAR PROJECTIONS


SHIRE OF MOUNT MAGNET OPERATING STATEMENT DETAILED ACTIVITY 30 JUNE 2010 Material Material Variance Variance COA Description Original Budget Current Budget YTD Budget YTD Actual >$10000 >=10% Comment

0320001 Rates Revenue Levied (931,261) (931,261) (931,261) (958,332) (27,071) 3% over

0320051 Interest Rates (12,000) (12,000) (12,000) (43,242) (31,242) 72% over

0320052 Interest Revenue - Rates Instalments (600) (600) (600) - 600 under

0320053 Fee and Charges for Rates (1,200) (13,200) (13,200) (13,777) (577) 4% over

0320055 Fees - Property Enquiries (4,500) (4,500) (4,500) (220) 4,280 -1945% under

0320056 Fees - Property Reports (100) (100) (100) - 100 under

0321000 Grants - Royalties For Regions [R4R] (460,000) (460,000) (460,000) - 460,000 under

0321001 Grants - LGGC Financial Assistance Grants (1,029,100) (1,029,100) (1,029,100) (1,072,459) (43,359) 4% over

0321002 Grants - LGGC Local Road Grant (404,400) (404,400) (404,400) (409,922) (5,522) 1% over

0321003 Interest Income - Municipal Fund (50,000) (20,000) (20,000) (27,407) (7,407) 27% over

0321004 Interest Income - Reserve Fund (56,000) (40,000) (40,000) (51,726) (11,726) 23% over

0321006 Reimbursements - Other General Purpose Income - - - (6,356) (6,356) 100% over

0321007 Other Fees and Charges: Rates (1,600) (1,600) (1,600) - 1,600 under

0321008 CLOSED - Interest Income-At Call-Municipal Fund - - - - - under

0321011 Grants - RFR - Forward Capital Works Planning - - - (35,000) (35,000) 100% over

(2,950,761) (2,916,761) (2,916,761) (2,618,441) 298,320 -11% under

0310990 Allocation of Admin Overhead - Rates 79,300 79,300 79,300 76,242 (3,058) -4% under

0311001 Valuation Expense - Rates 2,500 2,500 2,500 3,062 562 18% over

0311002 Title Searches Expense 200 200 200 205 5 2% over

0311003 Advertising Expense - Gen Purpose Funding - - - 526 526 100% over

0311004 Debt Recovery Expenses 900 900 900 - (900) under

0311005 Consultants Expense - LGGC Review 400 400 400 - (400) under

0311006 Receipt / BAS Rounding Expense - - - 0 0 100% over

0311990 Allocation of Administration Overheads - Other General Purpose Funding - - - 3,244 3,244 100% over

0320050 Rates Costs 4,000 - - 63 63 100% over

87,300 83,300 83,300 83,343 43 0% under

Governance

0421001 Fees Charges and Other income - - - - - under

0422001 Income - Other Governance (3,000) (3,000) (3,000) (70) 2,930 -4186% under

0422002 Reimbursements Income - MRVC - - - (148) (148) 100% over

0422511 Donations Income - - - (200) (200) 100% over

Governance Revenues (3,000) (3,000) (3,000) (418) 2,582 -618% under

Governance

0411001 Presidential Allowance Expense 8,000 8,000 8,000 8,000 - 0% over

0411002 Meeting Fees - Councillors 16,000 20,000 20,000 23,400 3,400 15% over

0411003 Expenses - Councillors 5,000 5,000 5,000 6,671 1,671 25% over

0411004 Conferences & Training Expense - Councillors 16,500 16,500 16,500 11,187 (5,314) -47% under

0411005 Telecommunication Reimbursement Expense - Councillors 165 165 165 - (165) under

0411006 Insurance Governance 5,540 5,540 5,540 6,605 1,065 16% over

0411007 Sundry Expenses - Members of Council 1,500 1,500 1,500 - (1,500) under

0411009 Subscriptions Governance 11,000 11,000 11,000 12,886 1,886 15% over

General Purpose Funding

General Purpose Funding Revenues

General Purpose Expenses

General Purpose Funding


SHIRE OF MOUNT MAGNET OPERATING STATEMENT DETAILED ACTIVITY 30 JUNE 2010 Material Material Variance Variance COA Description Original Budget Current Budget YTD Budget YTD Actual >$10000 >=10% Comment

0411501 Elections Expense 3,000 3,000 3,000 1,516 (1,484) -98% under

0411990 Allocation of Aministration Overheads - Members of Council 93,800 93,800 93,800 97,331 3,531 4% over

0411999 Depreciation - Governance Schd 4 17,800 17,800 17,800 19,317 1,517 8% over

0412001 Donations Community Events and other Functions 4,000 - - - - over

0412002 Receptions - Council Meetings 7,500 7,500 7,500 6,599 (901) -14% under

0412003 Refreshments & Receptions - Functions 3,000 3,000 3,000 3,348 348 10% over

0412004 Refreshments & Receptions - Sundry 3,000 3,000 3,000 1,596 (1,404) -88% under

0412010 Council Chambers Maintenance 2,700 2,700 2,700 1,233 (1,467) -119% under

0412011 Audit Expenditure 12,000 12,000 12,000 22,163 10,163 46% over

0412012 Legal Expenses - Other Governance 15,000 15,000 15,000 13,204 (1,796) -14% under

0412013 Sundry Expenditure - Other Governance 500 500 500 303 (197) -65% under

0412014 Insurance - Council Chambers 800 800 800 854 54 6% over

0412015 Murchison Regional Vermin Council - Costs - - - 1,894 1,894 100% over

0412502 Events / Functions/Donations/Other 8,000 8,000 8,000 11,270 3,270 29% over

0412990 Allocation of Administration Overheads - Other Governance 12,500 12,500 12,500 12,977 477 4% over

Governance Expenses 247,305 247,305 247,305 262,351 15,046 6% over

Law, Order & Public Safety

0522001 Fire Prevention - Grant Revenue - ESL Recurrent (5,000) (7,000) (7,000) (8,542) (1,542) 18% over

0523002 Animal Control - Sundry Fees & Charges (400) (400) (400) (640) (240) 37% over

0523003 Animal Control - Dog Registration Fees (1,000) (1,000) (1,000) (2,080) (1,080) 52% over

0523004 Fines & Penalties - Animal Control (Exc GST) (100) (100) (100) (340) (240) 71% over

0524501 Grant Revenue - Other Law Order & Public Safety - - - (1,200) (1,200) 100% over

Law, Order & Public Safety Revenues (6,500) (8,500) (8,500) (12,802) (4,302) 34% over

Law, Order & Public Safety

0511001 Fire Fighting 1,000 1,000 1,000 25 (975) -3837% under

0511003 Fire Fighting - Plant & Equipment Maintenance 3,000 3,000 3,000 1,821 (1,179) -65% under

0511004 Insurance - Law Order Public Safety 800 800 800 750 (50) -7% under

0511990 Allocation of Administration O/H - Fire Control 3,200 3,200 3,200 3,244 44 1% over

0511999 Depreciation - Schedule 5 360 360 360 424 64 15% over

0513001 Animal Control 5,900 5,900 5,900 5,321 (579) -11% under

0513003 Contract Ranger - Animal Control 32,000 32,000 32,000 28,222 (3,778) -13% under

0513004 Animal Control - - - - - over

0513005 Sundry Expenditure - Animal Control 200 8,000 8,000 18,182 10,182 56% over

0513008 License Tags - Animal Control 150 150 150 - (150) under

0513990 Allocation of Adminstration Overheads - Animal Control 12,500 12,500 12,500 12,977 477 4% over

0513999 Depreciation Schd 5 80 80 80 80 (0) 0% over

0514001 Emergency Callouts 2,100 2,100 2,100 - (2,100) under

0514002 Speed Alert Trailer - Set Up - - - - - over

0514004 Speed Alert Trailer Costs 2,000 2,000 2,000 2,056 56 3% over

Law, Order & Public Safety Expenses 63,290 71,090 71,090 73,103 2,013 3%

Health

0724002 Fees & Charges - Schd 7 (100) (100) (100) (580) (480) 83% over


SHIRE OF MOUNT MAGNET OPERATING STATEMENT DETAILED ACTIVITY 30 JUNE 2010 Material Material

Variance Variance COA Description Original Budget Current Budget YTD Budget YTD Actual >$10000 >=10% Comment

0744001 Grants - Aboriginal Health - - - - - under

0745001 Proceeds on Sale of Asset - - - - - under

Health Revenues (100) (100) (100) (580) (480) 83% over

Health

0714001 Environmental Health 17,000 17,000 17,000 17,768 768 4% over

0714002 Contract EHO - Travel & Accommodation 8,000 8,000 8,000 3,789 (4,211) -111% under

0714003 Sundry Expenditure 2,100 2,100 2,100 - (2,100) under

0714990 Allocation of Administration Overheads 3,200 3,200 3,200 3,244 44 1% over

0715001 Mosquito Control 2,500 5,500 5,500 3,029 (2,471) -82% under

0715002 Insect Pesticides 3,000 - - - - over

0715003 Plant Maintenance - Mosquito Control 1,500 - - 82 82 100% over

0715598 Loss or Profit on Asset Disposal - - - - - over

0715999 Depreciation for Schedule 07 2,700 2,700 2,700 1,971 (729) -37% under

0716001 Analytical Exp - Other Health - - - - - over

0717001 Shire Practice Expenses - - - - - over

0717002 Dental Service 1,500 1,500 1,500 276 (1,224) -444% under

0717003 RFDS - Callouts 2,300 2,300 2,300 1,987 (313) -16% under


0734001 Aboriginal Health - - - - - over

Health Expenses 47,000 45,500 45,500 35,390 (10,110) -29% under

Education & Welfare

0827001 Reimbursement Revenue - Youth Affairs - - - (91) (91) 100% over

0827002 Fees & Charge Education and Welfare (2,000) (2,000) (2,000) - 2,000 under

0827501 Grants Revenue - Other Welfare (Inc GST) (900) (900) (900) - 900 under

0827503 Grants Revenue - School Holiday Program (1,500) (1,500) (1,500) - 1,500 under

Education & Welfare Revenues (4,400) (4,400) (4,400) (91) 4,309 -4740% under

Education & Welfare

0812001 Educational Prizes/Awards - Other Education 500 500 500 - (500) under

0817001 Youth Centre RTC 700 700 700 5 (695) -15052% under

0817009 Program Expenses 3,200 3,200 3,200 285 (2,915) -1021% under

0817501 Youth Project Expenditure (Grant Funded) 1,500 1,500 1,500 - (1,500) under

0817502 Aboriginal Affairs Projects Expenditure - Other Welfare 700 700 700 3,760 3,060 81% over

0817990 Allocation of Administration Overheads - Other Welfare 1,565 1,565 1,565 1,622 57 4% over

Education & Welfare Expenses 8,165 8,165 8,165 5,673 (2,492) -44% under

Housing

0921001 Housing - Rental Income - - - - - under

0921501 Grant - Staff Housing - - - - - under

0922001 Pensioner Units Income (7,900) (7,900) (7,900) (8,147) (247) 3% over

Housing Revenues (7,900) (7,900) (7,900) (8,147) (247) 3% over

Housing

0911001 Housing Expenses - 30,000 30,000 22,258 (7,742) -35% under

0912001 Pensioner Units - Lot 542 Criddle Street 5,200 5,200 5,200 8,142 2,942 36% over




0912009 Ins - Pensioner Units - Lot 542 Criddle Street 1,000 1,000 1,000 469 (531) -113% under


0912999 Depreciation Schedule 9 Housing 3,600 3,600 3,600 11,458 7,858 69% over

0921596 Maintenance of Shire Housing 53,200 23,200 23,200 30,585 7,385 24% over

Housing Expenses 75,500 75,500 75,500 85,889 10,389 12% over

Community Ammenties

1021002 Sundry Fees & Charges - Waste Management - - - - - under

1021003 Rates Levy - Sanitation Charge (82,000) (82,000) (82,000) (80,126) 1,874 -2% under

1023001 Fees & Charges Community Ammenity (5,900) (900) (900) (208) 692 -333% under

1026001 Fees & Charges Revenue Applications - Town Planning - - - (1,656) (1,656) 100% over

1027002 Fees & Charges - Cemeteries - (5,000) (5,000) (6,212) (1,212) 20% over

Community Ammenties Revenues (87,900) (87,900) (87,900) (88,202) (302) 0% over Community Ammenties

1011001 Refuse Collection Contractor Cost 100,000 100,000 100,000 94,183 (5,817) -6% under

1011002 Refuse Site Maintenance and Rehab 25,000 25,000 25,000 15,489 (9,511) -61% under

1011003 Bin Purchase & Delivery 2,000 2,000 2,000 - (2,000) under

1011004 Insurance - Community Amenties Schd 10 1,500 1,500 1,500 1,707 207 12% over

1011503 Refuse Site Costs 18,000 18,000 18,000 10,847 (7,153) -66% under

1011990 Allocation of Administration Overheads - Sanitation - General Refuse 3,200 3,200 3,200 3,244 44 1% over

1011999 Depreciation - Refuse Site 220 220 220 167 (53) -32% under

1012001 Bulk Rubbish Collection 3,000 3,000 3,000 - (3,000) under

1015001 Abandoned Vehicles 1,900 1,900 1,900 103 (1,797) -1750% under

1015002 Flood Mitigation Works 6,600 6,600 6,600 - (6,600) under

1016001 Town Planning - - - 1,070 1,070 100% over

1016501 Townsite & Locality Plans/Strategies - Town Planning - - - - - over


1017000 Insurance 800 800 800 854 54 6% over

1017001 Maintenance Community Amenities 6,000 17,000 17,000 47,179 30,179 64% over

1017003 Public Conveniences Mtce 7,000 17,000 17,000 10,800 (6,200) -57% under

1017004 Street Furniture Maintenance 750 750 750 - (750) under

1017013 Insurance 800 800 800 854 54 6% over

1017990 Allocation of Administration Overhead - Other Community Amenities 18,800 18,800 18,800 19,466 666 3% over

1017998 Depreciation - Public Conveniences 55 55 55 56 1 1% over

1017999 Depreciation - Comm Amenities 19,200 19,200 19,200 52,678 33,478 64% over

Community Ammenties Expenses 221,125 242,125 242,125 265,186 23,061 9% over




Recreation and Culture

1121003 Hall Hire (700) (700) (700) (3,229) (2,529) 78% over

1122001 Admissions - Swimming Pool - (13,000) (13,000) (11,867) 1,133 -10% under

1122004 Grant Revenue - Swimming Pool (Exc GST) (3,000) (3,000) (3,000) - 3,000 under

1123001 Fees and Charges Schd 11 (400) (400) (400) (1,546) (1,146) 74% over

1123002 Fees & Charges - Recreation Centre Hire (900) (900) (900) (669) 231 -35% under

1123003 Fees & Charges - Oval/Lights Hire - - - - - under

1123004 Fees & Charges - Staff House Rental Income - - - - - under

1123005 Fees & Charges - RTC Rental Income (2,400) (2,400) (2,400) (2,730) (330) 12% over

1123006 Fees & Charges - Horse Stable Rent/Hire (100) (100) (100) (260) (160) 62% over

1123010 Contributions & Donations - Rec Centre & Oval - - - - - under

1123501 Grant Revenues - Recreation (12,000) (12,000) (12,000) (1,482) 10,518 -710% under

1123502 Contributions & Donations (400) (400) (400) (6,240) (5,840) 94% over

1123503 Sundry (100) (100) (100) - 100 under

1123505 Fundraising (400) (400) (400) (3,785) (3,385) 89% over

1123511 Grant Revenue (10,000) (10,000) (10,000) (32,273) (22,273) 69% over

1126001 Centrelink Subsidy (26,800) (26,800) (26,800) (26,809) (9) 0% over

1126002 Library - Revenue (500) (500) (500) (3,416) (2,916) 85% over

1126007 Library - Small Donations - - - (346) (346) 100% over

1126012 Grants (500) (500) (500) - 500 under

1127001 Reimbursements (900) (900) (900) - 900 under

1127002 Fees & Charges - Old Hospital - Rent (1,200) (1,200) (1,200) (1,561) (361) 23% over

1127005 Revenue - Cinema (22,500) (10,500) (10,500) (2,332) 8,168 -350% under

1127006 Revenue - Community Events - - - (856) (856) 100% over

1127502 Grant Revenue - Other Culture (6,000) (6,000) (6,000) (4,062) 1,938 -48% under

1127504 Event Admission Revenue - Other Culture (400) (400) (400) (155) 245 -159% under

Recreation and Culture Revenues (89,200) (90,200) (90,200) (103,618) (13,418) 13% over

Recreation and Culture

1111001 .Anzac Hall Maintenance 8,700 8,700 8,700 12,725 4,025 32% over

1111004 General Insurance Schd 11 1,100 1,100 1,100 3,091 1,991 64% over

1111501 Special Maintenance - Anzac Hall - - - - - over

1111990 Allocation of Administration Overhead - Public Halls & Civic Centres 6,300 6,300 6,300 6,488 188 3% over

1111999 Depreciation - Public Halls 15,700 15,700 15,700 23,878 8,178 34% over

1112001 Salaries & Wages - Swimming Pool 60,400 60,400 60,400 58,684 (1,716) -3% under

1112002 Superannuation - Swimming Pool 8,600 8,600 8,600 9,207 607 7% over

1112003 Employment Expenses - Swimming Pool Manager - - - - - over

1112004 Housing Expenses - - - - - over

1112005 Workers Comp Insurance - Schedule 11 3,400 3,400 3,400 5,203 1,803 35% over

1112006 Staff Training / Conferences - Swimming Pool 100 100 100 - (100) under

1112007 Staff Uniforms - Swimming Pool 400 400 400 - (400) under

1112008 Travel & Accomodation 300 300 300 324 24 7% over

1112009 Fringe Benefits Tax 1,200 1,200 1,200 - (1,200) under

1112010 Leave Expenses - Swimming Pool Manager - - - 8,375 8,375 100% over




1112019 Swimming Pool operating costs 1,600 1,600 1,600 1,408 (192) -14% under

1112020 Swimming Pool - Utilities 19,600 19,600 19,600 29,294 9,694 33% over

1112021 Swimming Pool - Chemicals 3,000 8,000 8,000 5,052 (2,948) -58% under

1112022 Pool - Maintenance 10,000 10,000 10,000 13,209 3,209 24% over

1112023 Swimming Pool - Equipment Maintenance 900 900 900 170 (730) -428% under

1112024 Swimming Pool - Gardens 2,800 2,800 2,800 4,845 2,045 42% over

1112025 Insurance - Swimming Pool 2,400 2,400 2,400 2,564 164 6% over

1112990 Allocation of Administration Overheads - Swimming Pool 31,300 31,300 31,300 32,444 1,144 4% over

1112998 Depreciation - Swimming Pool House 4,700 4,700 4,700 4,961 261 5% over

1112999 Depreciation - Swimming Pool 30,400 30,400 30,400 34,933 4,533 13% over

1113001 Salaries & Wages - Physical Activities Officer 40,000 40,000 40,000 44,203 4,203 10% over

1113002 Superannuation-Recreation Officer 3,800 3,800 3,800 4,250 450 11% over

1113003 Employment Expenses - Physical Activities Officer - - - - - over

1113004 Housing Expenses - - - 981 981 100% over

1113006 Staff Training / Conferences Recreation 1,500 1,500 1,500 359 (1,141) -318% under

1113007 Staff Uniforms - Physical Activities Officer 400 400 400 - (400) under

1113008 Travel & Accomodation Exp - Physical Activities Officer 200 200 200 - (200) under

1113009 Fringe Benefits Tax - Physical Activities Officer 2,100 2,100 2,100 - (2,100) under

1113010 Motor Vehicle Expenses Recreation 11,100 11,100 11,100 34,454 23,354 68% over

1113011 Telephone and Internet Expense 2,500 2,500 2,500 2,198 (302) -14% under

1113012 Costs of Employment 800 800 800 3,319 2,519 76% over

1113201 Recreation Projects and Activities 6,000 6,000 6,000 9,496 3,496 37% over

1113202 Recreation Minor Equipment 3,000 3,000 3,000 3,028 28 1% over

1113301 Recreation Centre - Maintenance 8,000 8,000 8,000 15,674 7,674 49% over

1113302 Recreation Oval - Maintenance 30,000 45,000 45,000 39,776 (5,224) -13% under

1113303 Plant Maintenance - Parks & Gardens 7,500 7,500 7,500 15,759 8,259 52% over

1113304 Maintenance - Parks & Gardens - - - - - over

1113305 Parks & Reserves Maintenance 61,300 31,300 31,300 59,706 28,406 48% over

1113306 Playground Equipment Maintenance 5,400 5,400 5,400 - (5,400) under

1113307 Insurance 7,300 3,700 3,700 7,256 3,556 49% over

1113350 Sporting Amenities - Maintenance 600 600 600 1,796 1,196 67% over

1113365 Rural Transaction Centre Maintenance 19,400 9,400 9,400 5,871 (3,529) -60% under

1113366 Rural Transaction Centre - Insurance 700 700 700 762 62 8% over

1113370 Stables - Maintenance 1,500 1,500 1,500 2,995 1,495 50% over

1113375 Golf Course - Maintenance 10,000 10,000 10,000 1,796 (8,204) -457% under

1113380 Race Course - Maintenance 15,000 11,000 11,000 25,050 14,050 56% over

1113501 Sport & Recreation - Non Recurrent Activities/Projects 8,000 8,000 8,000 7,338 (662) -9% under

1113502 Consultants - - - - - over

1113990 Allocation of Administration Overheads - Other Recreation & Sport 52,100 52,100 52,100 51,910 (190) 0% under

1113999 Depreciation - Other Recreation & Sport 39,200 39,200 39,200 49,426 10,226 21% over

1115001 Community Radio 600 600 600 37 (563) -1522% under

1115002 Television Re-Broadcasting 7,500 7,500 7,500 4,965 (2,535) -51% under

1115999 Depreciation - Television & Radio - - - 1,623 1,623 100% over




1116001 Salaries & Wages - Library 39,000 39,000 39,000 41,456 2,456 6% over

1116002 Superannuation - Library 5,500 5,500 5,500 4,927 (573) -12% under

1116003 Employment Expenses - Library 2,100 2,100 2,100 1,507 (593) -39% under

1116004 Leave Expenses - Library 2,500 2,500 2,500 1,478 (1,022) -69% under

1116005 CLOSED - Workers Comp Insurance - Library 1,500 - - - - over

1116006 Staff Training / Conferences 800 800 800 23 (777) -3420% under

1116007 Staff Uniforms 500 500 500 334 (166) -50% under

1116008 Travel & Accomodation Exp - Library 500 500 500 - (500) under

1116009 Fringe Benefits Tax - Library 500 500 500 - (500) under

1116012 Telephone/Internet Expenses 2,000 2,000 2,000 721 (1,279) -177% under

1116013 Insurances - Library 100 100 100 - (100) under

1116015 Library Maintenance 10,200 10,200 10,200 5,727 (4,473) -78% under

1116016 Sundry Library Expenses 3,200 3,200 3,200 1,034 (2,166) -210% under

1116018 Software Fees Expense 1,200 1,200 1,200 1,128 (72) -6% under

1116801 Sundry Expenses 400 - - - - over

1116802 Sundry Expenses 300 - - - - over

1116882 Library Non Recurrent Exp - Toilets 2,500 - - - - over

1116990 Allocation of Administration Overheads - Library 12,500 12,500 12,500 12,977 477 4% over

1116999 Depreciation - Library 600 600 600 763 163 21% over

1117001 Maintenance - - - 6,265 6,265 100% over

1117002 Old Hospital Maintenance 4,000 4,000 4,000 3,595 (405) -11% under

1117003 Outdoor Picture Gardens - Maintenance 3,600 3,600 3,600 6,096 2,496 41% over

1117004 Picture Gardens Equipment Maintenance - - - 88 88 100% over

1117005 Cinema Screening Costs 24,750 12,750 12,750 5,533 (7,217) -130% under

1117092 Insurance - Old Hospital 800 800 800 427 (373) -87% under

1117093 Insurance - Outdoor Cinema 1,500 1,500 1,500 427 (1,073) -251% under

1117491 Museum - Insurance 500 500 500 213 (287) -134% under

1117503 Events/Concerts/Festivals 27,000 15,000 15,000 11,030 (3,970) -36% under

1117504 Consultants - - - - - over

1117990 Allocation of Administration Overhead - Other Culture 37,550 37,550 37,550 38,932 1,382 4% over

1117999 Depreciation - Other Culture 14,200 14,200 14,200 15,322 1,122 7% over

1122003 Staff Housing Rental - Swimming Pool - - - - - over

Recreation and Culture Expenses 758,200 701,900 701,900 810,887 108,987 13% over




Transport

1221001 Reimbursement Revenue - Transport - - - (2,403) (2,403) 100% over

1221003 Grant Revenue - MRWA Direct Grant (66,700) (66,700) (66,700) (67,435) (735) 1% over

1221004 Street Lighting Subsidy - MRWA (3,800) (3,800) (3,800) (5,017) (1,217) 24% over

1221503 Grant Revenue Transport - Regional Road Group (RRG) (179,000) (179,000) (179,000) (95,263) 83,737 -88% under

1221505 Grant Revenue Transport - Roads to Recovery (300,000) (300,000) (300,000) - 300,000 under

1224001 Sale of Special Series Number Plates-Admin Fee (Exc GST) (300) (300) (300) (135) 165 -122% under

1225001 Airport - Revenues (45,000) (39,000) (39,000) (39,695) (695) 2% over

1225002 Airport - Passenger Service Charge (35,000) (15,000) (15,000) (17,527) (2,527) 14% over

1225003 Airport - Sale of Aviation Fuel (40,000) (12,000) (12,000) (11,505) 495 -4% under

1225004 Airport - Other Aerodrome Revenue (500) (500) (500) (536) (36) 7% over

1245501 Grant - Capital Improvments - - - - - under

Transport Revenues (670,300) (616,300) (616,300) (239,517) 376,783 -157% under

Transport

1242001 Proceeds on Sale of Asset - - - (11,298) (11,298) 100% over

- - - (11,298) (11,298) 100% over

1211001 Town Street /Crossover/Laneway/Maintenance 25,100 25,100 25,100 53,375 28,275 53% over

1211002 Rural Road - Maintenance 179,000 250,000 250,000 247,905 (2,095) -1% under

1211003 Bridges - Maintenance - - - 8 8 100% over

1211004 Ancilliary Road Maintenance 25,500 25,500 25,500 22,173 (3,327) -15% under

1211005 Footpath/Dual Use Path - Maintenance 7,500 7,500 7,500 - (7,500) under

1211006 Depot 40,000 40,000 40,000 30,634 (9,366) -31% under

1211007 Crossover/Laneway Maintenance 5,600 5,600 5,600 1,916 (3,684) -192% under

1211008 Main Business Area - Hepburn Street 50,000 50,000 50,000 59,427 9,427 16% over

1211009 Other Median Strips 10,000 10,000 10,000 10 (9,990) -95961% under

1211010 Depot Plant Maintenance 9,900 9,900 9,900 13,985 4,085 29% over

1211011 Depot Office Expenses 1,600 1,600 1,600 740 (860) -116% under

1211012 Insurance - Streets, Roads, Bridges 2,500 2,500 2,500 2,596 96 4% over

1211013 Insurance - Depot 400 400 400 427 27 6% over

1211503 Flood Damage 45,100 45,100 45,100 8,466 (36,634) -433% under

1211504 Ancilliary Special Road Maintenance 2,000 2,000 2,000 - (2,000) under

1211508 Consultants - Transport 5,600 5,600 5,600 7,064 1,464 21% over

1211990 Allocation of Administration Overheads - Streets, Roads, Bridges, Depot 31,300 31,300 31,300 32,444 1,144 4% over

1211997 Depreciation - Transport - Buildings; other 5,700 5,700 5,700 6,748 1,048 16% over

1211999 Depreciation - Transport - Infrastructure 915,000 915,000 915,000 1,074,763 159,763 15% over

1212598 Profit / Loss on Asset Disposal - Transport 10,000 10,000 10,000 - (10,000) over

1214001 License Plates Expenditure - Special Mt Magnet Series 500 500 500 127 (373) -293% under

1215001 Airport - Running Costs 5,600 5,600 5,600 8,258 2,658 32% over

1215002 Airport - Airstrip Maintenance 19,900 19,900 19,900 12,460 (7,440) -60% under

1215003 Airport - Airstrip Inspections 13,600 25,000 25,000 23,802 (1,198) -5% under

1215004 Airport - Terminal/Building Maintenance 13,800 22,000 22,000 22,326 326 1% over

1215005 Airport Security & Training 2,000 2,000 2,000 2,733 733 27% over




1215006 Airport Operations Training 2,000 2,000 2,000 6,123 4,123 67% over

1215007 Airport - Aviation Fuel - Cost of Sales 35,000 7,000 7,000 11,814 4,814 41% over

1215008 Airport - Plant Maintenance 5,200 5,200 5,200 377 (4,823) -1278% under

1215009 Airport - Vehicle Expenses - - - - - over

1215010 Airport - Callout - - - - - over

1215012 Airport - Subscriptions & Memberships 1,200 1,200 1,200 1,200 (0) 0% over

1215014 Airport - Telephone 600 600 600 527 (73) -14% under

1215015 Airport - Insurance 5,900 5,900 5,900 6,006 106 2% over

1215401 Airport - Special Mtce - Non Recurrent - - - - - over

1215990 Allocation of Administration Overheads - Airport 31,300 31,300 31,300 32,444 1,144 4% over

1215998 Depreciation - Transport - Airport -Buildings etc 2,100 2,100 2,100 2,025 (75) -4% under

1215999 Depreciation Expense - Airport - Infrastructure 92,000 92,000 92,000 96,521 4,521 5% over

Transport Expenses 1,602,500 1,665,100 1,665,100 1,789,427 124,327 7% over

Economic Services

1322001 Sales Revenue - Tourist Information Centre (2,000) (2,000) (2,000) (3,163) (1,163) 37% over

1322051 Reimbursement Revenue - Caravan Park (400) (400) (400) (38) 363 -967% under

1322052 Caravan Park Revenues (100,000) (140,000) (140,000) (142,349) (2,349) 2% over

1322501 Grant Revenue - Tourism & Area Promotion - - - (6,500) (6,500) 100% over

1323001 Fees & Charges Revenue - (200) (200) (200) (3,132) (2,932) 94% over

1323002 Fees & Charges Revenue - Demolition Permits (100) (100) (100) (100) - 0% under

1323003 Fees & Charges Revenue - Building/Demo Rubbish Fee (100) (100) (100) (45) 55 -120% under

1323005 Fines & Penalties Revenue - Building Control - - - (288) (288) 100% over

1323006 Building Control -Revenue (700) (700) (700) (2,018) (1,318) 65% over

1323007 Building Control - Revenue - (200) (200) (200) (303) (103) 34% over

1326001 MRVC - - - - - under

1326002 Economic Development - Staff Housing Rental Income (2,700) (2,700) (2,700) (2,460) 240 -10% under

1328001 Fees & Charges - Community Bus Hire (5,100) (5,100) (5,100) (3,206) 1,894 -59% under

1328002 Sale of Gravel (500) (500) (500) (336) 164 -49% under

1342097 Proceeds on Sale of Asset - - - - - under

Economic Services Revenues (112,000) (152,000) (152,000) (163,938) (11,938) 7% over

Economic Services

1311001 Noxious Weed Control 2,500 - - - - over

1311002 MRVC Precepts 5,200 5,200 5,200 5,113 (87) -2% under

1312001 Area Promotion/Advertising 15,000 5,000 5,000 6,120 1,120 18% over

1312002 Tourist Trail Bins & Patrols 5,200 2,000 2,000 909 (1,091) -120% under

1312003 Tourism Signage & Maintenance 5,500 5,500 5,500 1,871 (3,629) -194% under

1312004 Tourist Information Centre 55,000 45,000 45,000 40,595 (4,406) -11% under

1312005 Tourist Information Centre 300 - - 2,643 2,643 100% over

1312006 Tourist/Gift Merchandise - Expenditure 2,100 2,100 2,100 3,378 1,278 38% over

1312050 Salaries & Wages 60,000 70,000 70,000 78,967 8,967 11% over

1312051 Superannuation 7,500 7,500 7,500 7,602 102 1% over

1312052 Employment Expenses - Caravan Park Manager - - - 170 170 100% over





1312056 Staff Uniforms 500 500 500 164 (336) -205% under

1312059 Leave Expenses - Caravan Park Managers 1,700 1,700 1,700 8,849 7,149 81% over

1312060 Caravan Park Maintenance 20,000 20,000 20,000 14,564 (5,436) -37% under

1312061 Caravan Park Costs 15,000 15,000 15,000 21,080 6,080 29% over

1312062 Caravan Park - Plant & Equipment Maintenance 5,000 5,000 5,000 2,722 (2,278) -84% under

1312063 Minor Assets; Manchester; etc 4,000 4,000 4,000 - (4,000) under

1312065 Eftpos Charges - Caravan Park 500 500 500 - (500) under

1312066 Telephone/Internet Expenses 1,400 1,400 1,400 701 (699) -100% under

1312067 Utilities - Caravan Park 32,000 32,000 32,000 27,546 (4,454) -16% under

1312068 Insurances 1,500 1,500 1,500 1,528 28 2% over

1312069 Advertising & Promotions - Caravan Park 3,000 3,000 3,000 472 (2,528) -536% under

1312099 Depreciation - Tourism 300 300 300 572 272 48% over

1312148 T/Centre - Insurances - Various - - - 23 23 100% over

1312502 Tourism Costs 10,000 10,000 10,000 6,979 (3,021) -43% under

1312598 Profit/Loss on Sale of Asset - - - - - over

1312990 Allocation of Administration Overheads - Tourism & area Promotion 65,500 65,500 65,500 64,887 (613) -1% under

1312998 Depreciation - Caravan Park - Buildings; House; etc 13,100 13,100 13,100 14,801 1,701 11% over

1312999 Depreciation - Caravan Park - Infrastructure 17,300 17,300 17,300 55,173 37,873 69% over

1313001 Contract Building Surveyor 17,500 17,500 17,500 19,414 1,914 10% over

1313002 Travel & Accommodation - Contract Building Surveyor 4,400 4,400 4,400 2,143 (2,257) -105% under

1313990 Allocation of Administration Overheads - Building Control 3,100 3,100 3,100 3,244 144 4% over

1316001 Salaries & Wages - Community Development Officer 49,900 55,000 55,000 54,758 (242) 0% under

1316002 Superannuation - Community Development Officer 4,700 4,700 4,700 2,484 (2,216) -89% under

1316003 Employment Expenses - Community Development Officer 3,500 3,500 3,500 812 (2,688) -331% under

1316004 CLOSED - Housing Expenses - Community Development Officer - - - 308 308 100% over

1316006 Staff Training / Conferences 750 750 750 - (750) under

1316007 Staff Uniforms - Community Development Officer 500 500 500 618 118 19% over

1316008 Travel & Accomodation / Conferences 750 750 750 - (750) under

1316009 Fringe Benefits Tax 1,700 1,700 1,700 - (1,700) under

1316010 Telephone/Internet 300 300 300 119 (181) -151% under

1316011 Leave Expenses - Community Development Officer 1,600 7,000 7,000 7,130 130 2% over

1316019 Insurances 300 300 300 - (300) under

1316501 Project Expenses 8,000 4,000 4,000 - (4,000) under

1316990 Allocation of Administration Overheads - Econcomic Development 25,100 25,100 25,100 25,955 855 3% over

1316998 Depreciation - CD Officer - House; F and F; etc 1,790 1,790 1,790 5,239 3,449 66% over

1318001 Community Bus Expenses 13,500 13,500 13,500 - (13,500) under

Economic Services Expenses 489,490 479,990 479,990 493,861 13,871 3% under

Other Property and Services

1421001 Fees & Charges - Works Infrastructure (158,900) (158,900) (158,900) (146,010) 12,890 -9% under

1421002 Fees & Charges Revenue - Sundry Private Works (10,000) (10,000) (10,000) (11,036) (1,036) 9% over

1422003 Sundry Reimbursement Revenue - Admin O/H (3,000) (6,000) (6,000) (6,639) (639) 10% over

1422004 Fees & Charges - Admin O/H (6,500) (1,500) (1,500) (1,771) (271) 15% over

1422501 Insurance Claims - - - 4,792 4,792 100% under




1424001 Reimbursement Revenue - Public Works (5,300) (5,300) (5,300) (140) 5,160 -3686% under

1424002 Staff Housing Rental - Public Works Overheads (3,000) (3,000) (3,000) (4,730) (1,730) 37% over

1424003 Fees & Charges Revenue - (8,500) (8,500) (7,288) 1,212 -17% under

1425002 Energy Grants Credit Scheme - - - (17,818) (17,818) 100% over

1428001 Sale of Scrap Materials (2,000) - - (1,625) (1,625) 100% over

1428002 Rental Revenue - Lot 25 Hepburn St - (7,700) (7,700) (7,705) (5) 0% over

1428003 Reimbursements - Lot 25 Hepburn St (500) - - - - under

1428501 Other Unclassified Income - - - (19,361) (19,361) 100% over

Other Property and Services Revenues (189,200) (200,900) (200,900) (219,332) (18,432) 8% under

Other Property and Services

1411001 Private Works - Works Infrastructure 124,400 90,400 90,400 110,713 20,313 18% over

1411002 Private Works - Sundry 10,000 20,000 20,000 21,882 1,882 9% over

1411101 Standpipe Water - Cost of Water Expenses 1,100 - - 300 300 100% over

1411990 Allocation of Administration Overhead - Private Works 12,500 12,500 12,500 12,977 477 4% over

1412001 Salaries & Wages 300,000 375,000 375,000 303,845 (71,155) -23% under

1412002 Superannuation 50,000 50,000 50,000 39,803 (10,197) -26% under

1412003 Sick & Holiday Pay 12,000 30,000 30,000 26,329 (3,671) -14% under

1412005 Staff Allowances - Admin O/H 5,000 5,000 5,000 6,381 1,381 22% over

1412006 Fringe Benefits Tax 12,000 5,000 5,000 3,329 (1,671) -50% under

1412007 Training & Conferences 12,000 6,000 6,000 1,685 (4,315) -256% under

1412008 Vehicle Expenses 15,000 15,000 15,000 15,086 86 1% over

1412009 Staff Housing - 12,000 12,000 12,282 282 2% over

1412010 Staff Recruitment 7,500 7,500 7,500 15,183 7,683 51% over

1412011 Staff Housing Subsidy - Admin O/H 3,440 3,440 3,440 2,772 (668) -24% under

1412012 Employment Related Expenses Schd 14 3,000 3,000 3,000 1,853 (1,147) -62% under

1412013 CEO's Salary Package 4,000 4,000 4,000 862 (3,138) -364% under

1412014 Finance Mgr Salary Package Items 1,000 1,000 1,000 2,875 1,875 65% over


1412018 Insurance - Admin - Houses, other 1,700 1,700 1,700 - (1,700) under

1412020 Other Accounting Expenses 10,000 20,000 20,000 45,944 25,944 56% over

1412021 Advertising 17,100 17,100 17,100 7,140 (9,960) -140% under

1412022 Bank Fees & Charges 1,950 1,950 1,950 2,702 752 28% over

1412023 Maintenance - Administration Centres 22,000 22,000 22,000 23,911 1,911 8% over

1412024 Computer Services 9,000 9,000 9,000 4,550 (4,450) -98% under

1412028 Insurance - Admin O/H 8,600 8,600 8,600 10,514 1,914 18% over

1412029 Admin Staff - House Rentals - - - 484 484 100% over

1412030 Office Equipment 5,000 7,000 7,000 11,890 4,890 41% over

1412031 Office Equipment 2,000 - - - - over

1412032 Postage & Freight - Admin O/H 3,000 3,000 3,000 2,927 (73) -3% under

1412033 Printing & Stationery - 13,900 13,900 13,900 13,747 (153) -1% under

1412035 Software Licensing Exp 15,000 15,000 15,000 15,720 720 5% over

1412036 Software Upgrades - Admin O/H - - - - - over

1412037 Accrued Leave - Admin O/H - - - 4,434 4,434 100% over




1412038 Subscriptions / Memberships Exp - Admin O/H 1,000 1,000 1,000 - (1,000) under

1412040 Sundry Expenditure - Admin O/H 1,000 1,000 1,000 1,753 753 43% over

1412041 Telephone Expense 8,900 11,400 11,400 12,557 1,157 9% over

1412045 Travel & Accommodation 2,000 2,000 2,000 - (2,000) under

1412047 Utilities - Admin O/H 6,300 6,300 6,300 8,251 1,951 24% over

1412050 Web Site Development & Maintenance 3,200 3,200 3,200 3,702 502 14% over

1412995 Allocation of Administration O/H to Schedules (625,000) (625,000) (625,000) (648,871) (23,871) 4% under

1412996 Depreciation - Admin - Vehicles 18,700 18,700 18,700 16,528 (2,172) -13% under

1412997 Depreciation - Admin - Staff Houses 7,300 7,300 7,300 7,501 201 3% over

1412998 Depreciation - Admin Buildings 3,800 3,800 3,800 1,414 (2,386) -169% under

1412999 Depreciation - Admin - Furniture and Fittings 28,800 28,800 28,800 22,972 (5,828) -25% under

1414001 Salaries & Wages 6,300 6,300 6,300 136,954 130,654 95% over

1414002 Superannuation 40,400 40,400 40,400 45,835 5,435 12% over

1414003 Sick Pay (Public Works) 25,400 25,400 25,400 26,945 1,545 6% over

1414004 Long Service Leave Pay (Public Works) - - - - - over

1414005 Staff Allowances - Public Works 31,500 31,500 31,500 34,708 3,208 9% over

1414006 Fringe Benefits Tax - 3,400 3,400 3,400 - (3,400) under

1414007 Annual Leave 27,700 27,700 27,700 - (27,700) under

1414008 Public Holidays (Public Works) 3,100 3,100 3,100 - (3,100) under

1414010 Employment Expenses 600 600 600 - (600) under

1414011 Protective Clothing 6,100 6,100 6,100 5,884 (216) -4% under

1414013 Staff Training Works - Public Works 15,000 35,000 35,000 21,025 (13,975) -66% under

1414014 Travel & Accomodation 700 700 700 1,212 512 42% over

1414015 Staff Housing - Public Works - - - 7,516 7,516 100% over

1414016 Accruals Salaries and Wages 10,700 10,700 10,700 26,690 15,990 60% over

1414018 Manager of Works - Cost Centre 600 600 600 316 (284) -90% under

1414021 Consultants 700 25,000 25,000 16,194 (8,806) -54% under

1414022 Minor Tools 3,700 3,700 3,700 2,728 (972) -36% under

1414023 Insurance - Public Works 600 600 600 717 117 16% over

1414024 Interest On Loan 38 - House Lot 226 Watson St 5,500 5,500 5,500 7,896 2,396 30% over

1414025 Health & Safety Expenditure 2,300 2,300 2,300 999 (1,301) -130% under

1414026 Office Expenses & Maintenance- Public Works - - - - - over

1414027 Printing & Stationery 1,500 1,500 1,500 - (1,500) under

1414030 Computers & Software 800 800 800 - (800) under

1414031 Subscriptions 1,000 1,000 1,000 792 (208) -26% under

1414033 Sundry Expenditure - Public Works 400 400 400 - (400) under

1414034 Plant & Equipment Expense 12,200 - - 20,866 20,866 100% over

1414035 Telephone Costs 3,700 3,700 3,700 2,854 (846) -30% under

1414036 Vehicle Expenses - Public Works O/H 8,700 8,700 8,700 - (8,700) under

1414040 Allocation of Administration O/H - Public Works 78,000 78,000 78,000 77,865 (135) 0% under

1414502 Consultants - Public Works 10,300 5,300 5,300 - (5,300) under

1414997 Less: Allocation of Public Works Overheads (356,205) (356,205) (356,205) (506,809) (150,604) 30% under

1414998 Depreciation - Staff Housing - Public Works 5,400 5,400 5,400 5,786 386 7% over




1415001 Plant Expense - Fuel & Oils 100,000 100,000 100,000 75,397 (24,603) -33% under

1415002 Plant Expense - Tyres & Tubes 20,000 20,000 20,000 19,677 (323) -2% under

1415003 Plant Expense - Parts & Repairs 75,000 85,000 85,000 94,306 9,306 10% over

1415004 Plant Expense - Repair Wages 20,300 37,000 37,000 39,359 2,359 6% over

1415005 Plant Expense - Licenses 4,400 4,400 4,400 3,591 (809) -23% under

1415006 Plant Expense - Insurance - - - - - over

1415007 Plant Expense - Lease Payments 8,800 - - 2,039 2,039 100% over

1415099 Plant Hire Recovered from Job Costing (305,700) (305,700) (305,700) (351,602) (45,902) 13% under

1415999 Plant Expense - Depreciation 150,900 150,900 150,900 190,513 39,613 21% over

1416001 Gross Salaries & Wages 1,026,870 1,026,870 1,026,870 1,228,931 202,061 16% over

1416002 Less: Salaries & Wages Allocated (1,026,870) (1,026,870) (1,026,870) (1,229,539) (202,669) 16% under

1416501 Salaries & Wages - Workers Compensation - - - 117 117 100% over

1418002 Lot 25 Hepburn St 1,200 6,200 6,200 5,877 (323) -5% under

1418003 Other Unclassified Expenses 1,000 1,000 1,000 - (1,000) under

1418091 Other Council Property - Insurance 200 200 200 - (200) under

1418099 Depreciation - Other Property 4,100 4,100 4,100 4,572 472 10% over

Other Property & Services Expenses 191,685 321,085 321,085 193,256 (127,829) -66% under

Total operating revenues (4,121,261) (4,087,961) (4,087,961) (3,466,383)

Total operating expenses 3,791,560 3,941,060 3,941,060 4,098,364 Net change in Assets from Operations (329,701) (146,901) (146,901) 631,982


SHIRE OF MOUNT MAGNET CAPITAL EXPENDITURE REPORT 30 JUNE 2010

COA Description Original Budget YTD Budget YTD Actual Order Value Total Actual Variance ($)

Variance

(%) Comment

Governance

0432010 Building Improvements-External-Other Govern 68,500 78,500 36,956 - 36,956 41,544 -52.92% under budget Law, Order & Public Safety

0534001 Plant & Equipment 28,000 28,000 28,000 - 28,000 (0) 0.00% under budget Housing

0931013 Housing Improvements 175,000 175,000 109,690 115 109,805 65,195 -37.25% under budget Community Amenities

1031001 1335600 2,500 2,500 - - - 2,500 -100.00% under budget Recreation & Culture

1131002 Building Major works 170,500 120,500 51,729 2,728 54,457 66,043 -54.81% under budget

1132002 Other Infrastructure Improvements 70,000 70,000 2,249 - 2,249 67,751 -96.79% under budget

1133008 Oval - Various Capital Items 110,000 25,000 37,937 - 37,937 (12,937) 51.75% over budget

1133009 Building Improvements - Recreation Centre 640,100 640,100 48,534 - 48,534 591,566 -92.42% under budget

1136501 Furniture & Equipment - - 69 - 69 (69) over budget

1136502 Library - Buildings 12,000 12,000 - - - 12,000 -100.00% under budget

1137001 Museum Works 790,000 790,000 59,590 59 59,649 730,351 -92.45% under budget

1137004 Outdoor Picture Gardens 20,000 20,000 12,056 - 12,056 7,944 -39.72% under budget Transport

1231002 Road Infrastructures - - 48,280 - 48,280 (48,280) over budget

1231003 Roads to Recovery 150,000 150,000 221,829 - 221,829 (71,829) 47.89% over budget

1231005 Road Constructions - Council Funded 150,000 150,000 121,742 - 121,742 28,258 -18.84% under budget

1231008 Depot Construction 10,500 10,500 - - - 10,500 -100.00% under budget

1231009 Depot - Furniture & Equipment 1,500 1,500 1,140 - 1,140 360 -24.00% under budget

1232002 Vehicle Purchase - Road Plant 165,200 122,500 49,406 77,500 126,906 (4,406) 3.60% over budget

1235001 Airport Security Upgrade 18,400 18,400 8,885 - 8,885 9,515 -51.71% under budget

1235011 Airport Infrastructure 6,000 6,000 3,437 - 3,437 2,563 -42.72% under budget

1235019 Airport Infrastructure 70,000 45,000 42,971 - 42,971 2,029 -4.51% under budget

1235021 Airport Infrastructure 49,000 44,000 25,534 - 25,534 18,466 -41.97% under budget Economic Services

1332001 Town Entry Statement 10,000 10,000 - - - 10,000 -100.00% under budget

1332011 Tourist Centre 23,000 23,000 21,679 - 21,679 1,321 -5.74% under budget

1332050 Buildings: Caravan Park 66,865 66,865 34,233 3,590 37,823 29,042 -43.43% under budget Other Property & Services

1432003 Furniture & Equipment 8,000 8,000 7,130 1,000 8,130 (130) 1.63% over budget

1434000 Plant & Equipment- Various 10,000 10,000 13,855 8 13,863 (3,863) 38.63% over budget

1434001 Plant & Vehicles 50,000 50,000 42,672 - 42,672 7,328 -14.66% under budget 2,875,065 2,677,365 1,029,604 85,000 1,114,604 1,562,761


TRUST FUNDS

Funds held at balance date over which the Municipality has no control and which are not included in

this statement are as follows:

Balance Amounts Amounts Balance

Detail 01-Jul-09 Received Paid 30-Jun-10

$ $ ($) $

History Books 8,967 0 0 8,967

Future Directions Committee 390 0 0 390

Mt Magnet Chamber of Commerce 924 0 0 924

Tennis Club 185 0 0 185

Safer WA Committee 549 0 0 549

Shire Practice 8,542 0 0 8,542

Other Deposits 709 1,168 0 1,877

20,266 21,434



MOUNT MAGNET


8.1.3 Mining and Pastoral Museum

File: CP-MUSEUM Officer: David Burton - Chief Executive Officer Amended By: Nil Disclosure of Interest: Nil Date: 6 July 2010

Application To consider options for financing the balance of funds required for the completion of the Museum Project. Background Council has accepted the tender for the museum construction and while funds are available through the Reserve Funds, other options are available to Council that can be considered also. Comment The budget for the Museum construction is as follows: The additional fees for the power connection are for the upgrading of the transformer for the museum feed. The current transformer is at capacity and requires upgrading to ensure that the demands of the museum can be met. This upgrading fee would normally be spread across all projects that will require additional power, however as the museum is likely to be the last project on this line, Council will be liable for the full cost of the upgrade. I have also allowed for the assistance of Peter Teakle for the management of the project. As peter is responsible for the design and technical specifications, Peter is more likely to be aware of any issues and can also confirm when progress payments are due. The options available for the funding of the facility are: Council uses current funds in the Reserve Account to cover the shortfall from funding; Council can take out a loan for the remainder amount; or Council can use a combination of both options. By using the funds from reserves, we will be using a substantial amount of our current reserve to complete the facility. Being that we have other projects in the pipeline, Council may consider retaining some of the reserve funds to fund other projects. Loans previously have been something that most Councils have tried to avoid in order to ensure that they do not have a liability outstanding, however the attitude towards loans has change for Local Government. In recent time, we have had financial advisors advising Councils to look at loans as a way of funding projects, rather than relying on grants or trying to save funds through reserves. It may be seen that a Council applying for funds through a grant, that does not have a loan portfolio may be only doing projects because funding is available. If a Council has a loan portfolio, then it shows that Council is prepared to do what is takes to ensure that projects can be funded, rather than taking the attitude “no grant, no project”. Care must be taken with loans to ensure that borrowings do not place a major burden on the future cash management of Council. A loan for $350,000 would cover the construction of the museum building facility this could be taken out over a 10 year period to minimise the impact on the community. Council may opt to cover the funds through a mix of part loan and part reserve. This may provide a better option than one or the other.


Consultation Nil Statutory Environment Council has the ability to borrow funds under the Local government Act 1995 Policy Implications Nil Financial Implications Using funds from reserves will deplete the reserve funds and may leave Council short for other projects. By using loans for the purchase of the museum, the cost will be added to be the additional cost of interest on the loan. Strategic Implications As the museum project is something that will benefit the community for many years to come, it would not be an imposition to expect future years to assist in the payment of the project rather than relying on funds collected in the past. By Council retaining funds in the reserve accounts, other projects may be able to be funded as quite often, a contribution from Council is required. If the funds are retained in the reserve, this will facilitate this contribution. Voting Requirements Simple Majority


Moved: Cr Dowden Seconded: Cr Davies That the funds required for the payment of the museum project including additional shed, footpaths and expansion to the south, be through:

Royalties for Regions Year 1 Funding $718,005; Midwest Development Commission Regional Grants scheme $300,000; A loan for the amount of $300,000; and the balance be funded through available grant funding and reserve transfers;

CARRIED 8/0


MUSEUM BUILDINGMuseum Project

EXPENDITURE INCOME

Erection of mine shed 20,965 Royalties For Regions 718,005

Advert - Tender 1,313 Mid West Development Commission 300,000

Drawing/Tender Fees 36,275 Reserve Transfer/Loan 348,680

Building Fees 1,043,132

Landscaping 20,000

Project Management Fees - P Teakle 20,000

Power Fees 160,000

fitout of Facility 65,000

1,366,685 1,366,685


Forward Capital Works

File: FI - ASSET Officer: David Burton - Chief Executive Officer Amended By: Nil Disclosure of Interest: Nil Date: 7 July 2010

Application To consider future Capital Works Programs to be included in the Plan for the Future. Background Council has several projects that require attention in order to ensure that infrastructure is capable of providing for the community. These items can be included in the plan for the future Comment Attached is a list of projects for consideration and estimated costs for the projects. These costs are to be confirmed and finalised and should only be used for an indication. The next major project that I would like to pursue is the construction of the Youth/Recreation Facility. Based on requirements from Council and ideas from Councillors, I have included a simple design layout for consideration. The building will require a shed structure measuring 30x40 meters. I have had a general costing on this as a kit form and it is estimated to cost about $125,000. By the time we allow for a pad and erection, the shed facility is likely to cost about $375,000. The fit out of the facilities and equipment will cost extra. I have given an allocation of $800,000 for this project. With limited funding in Reserve, we will be actively pursuing all avenues for grants for these projects. Funds are available through Royalties for Regions, Community Sports and Recreation Facilities Grants and Regional Airport Development Scheme. This will ease the burden on the local community and allow the projects to become a reality. We also have funding available through the Royalties for Regions – Regional Projects allocation to each Local Government. Previously, the project allocated to this was the refurbishment of the Old Hospital. I would also like to include the possibility of the Swimming Pool and the Airstrip in this as these facilities are also used by other communities, not just Mount Magnet. Consultation Nil Statutory Environment Nil Policy Implications Nil Financial Implications Nil Strategic Implications Nil


Voting Requirements Simple Majority


Moved: Cr Dowden Seconded: Cr Jensen That the Chief Executive Officer pursue funding opportunities for the following projects:

Construction of a Youth/Recreation Facility Water and Power Services to be extended to the Racecourse Staff Housing Repairs to the Golf Club Ablutions Reseal of Mount Magnet Airstrip Tennis Courts Reseal Caravan Park Extensions Refurbishment of the Old Hospital Repairs and update Kiosk at Swimming Pool Professional Centre Dual Use Footpaths

And The development of these facilities be included in the “Plan for the Future” and “Forward Capital Works Plan” CARRIED 8/0


30 Meters

15m

Gymnasium

Kitchen

Seniors

Scouts

Cleaners 3m

3.5m

3.5m

40 Meters

5 Mtrs 5 Mtrs

5 Mtrs

2.5m

2.5m

5m

Male

Female

Basketball Court

Youth CentreTV

AreaOffice


PROJECTS FOR CONSIDERATION

Additional Projects for museum Reserve Funds

Additional Shed 250,000 Building Reserve (initial $495,000) 683,014

Footpaths for walkways 60,000 Infrstructure Reserve 432,560

expansion to the south. 25,000

Other Projects for Consideration Other Income sources

Staff Housing 300,000 royalties For Regions Yr 2 478,191 TBC

RaceCourse Power/Water 90,000 Royalties For Regions Yr 3 359,002 TBC

Youth Centre 800,000 Royalties For Regions Yr 4 359,002 TBC

(Shed Kit 30x40m = $125,000)

golf Club Ablutions 80,000

Airstrip reseal 250,000

Tennis Courts Reseal 80,000

Basketball reseal 40,000

New Admin Centre 3,500,000

Caravan Park Extensions 200,000

5,675,000 2,311,769

REGIONAL PROJECTS

Old Hospital refurb 750000 Royalties for Regions Regional Projects

Contribution Yr 2 239,814 TBC

R4R Regional Portion to MRVC Contribution Yr 3 359,002 TBC

Year 2 20000 Contribution Yr 4 359,002 TBC

Year 3 20000

Year 4 20000

Swimming Pool refurb ?? 147,818

957,818 957,818


8.1.4 Confirmation of Reserve Funds

File: FI - RESERVE Officer: David Burton - Chief Executive Officer Amended By: Nil Disclosure of Interest: Nil Date: 8 July 2010

Application To consider the application of reserve funds of Council. Background Councils reserve Funds have been allocate to generic purposes for several years with funding being used as and when required. In order to ensure that projects are allocated funds from the reserve, Council may wish to specify an allotment from the reserves to specific projects to ensure that funding will be available and allocated out, rather than just left in generic accounts. Comment Current Reserves are:

Employee Liability Reserve $ 29,199 To be used to fund annual and long service leave requirements

Airport Reserve $114,630 To be used for the purchase of airport terminal Building Reserve $685,614

To be used for the construction of a new administration centre

Plant Reserve $ 79,299 To be used for the purchase of major plant

Community Bus Reserve $ 35,656 To be used for the purchase of replacement vehicle Roads Reserve $ 32,441

To be used for road infrastructure

Reserve – Infrastructure $432,560 To be used for other infrastructures Reserve – Museum (R4R) $664,491 To be used for the construction of the Museum building.

Throughout the years, the interpretations of the purpose of the Reserve funds seem to have changed with the changing of staff. This seems to have been done without any resolutions of council. As such, I would like to reaffirm the purpose of the grants to ensure that the interpretations are correct. To confirm the original intent of the reserves, the purposes of those in question should read as follows:


Airport Reserve $114,630 To be used for improvements and major works at the Mount Magnet Airport Building Reserve $685,614

To be used for funding new or replacement buildings and improvements The Reserve – Infrastructure appears to be part of the building reserve. In the 2007/2008 budget, an allocation of $450,000 to the building reserve was budgeted. Searching through the financial data, and it would appear that only $400,000 was transfer into a reserve for Infrastructure. The purpose of this Reserve is ambiguous as it states “other Infrastructures” which would seem to preclude buildings, which was the original intent of the transfer. By keeping the purposes more generic rather than specifying a particular project will allow for more flexibility in the use of the reserve. Any allocations to a specific project can be done through the budget or with public notice as per the Local Government Act 1995. Consultation Nil Statutory Environment Local Government Act 1995

6.11. Reserve accounts

(1) Subject to subsection (5), where a local government wishes to set aside money for use for a purpose in a future financial year, it is to establish and maintain a reserve account for each such purpose.

(2) Subject to subsection (3), before a local government —

(a) changes* the purpose of a reserve account; or

(b) uses* the money in a reserve account for another purpose,

it must give one month’s local public notice of the proposed change of purpose or proposed use.

* Absolute majority required.

(3) A local government is not required to give local public notice under subsection (2) —

(a) where the change of purpose or of proposed use of money has been disclosed in the annual budget of the local government for that financial year; or

(b) in such other circumstances as are prescribed.

(4) A change of purpose of, or use of money in, a reserve account is to be disclosed in the annual financial report for the year in which the change occurs.

(5) Regulations may prescribe the circumstances and the manner in which a local government may set aside money for use for a purpose in a future financial year without the requirement to establish and maintain a reserve account.

Policy Implications Nil Financial Implications Nil


Strategic Implications Nil Voting Requirements Absolute Majority


Moved: Cr Jensen Seconded: Cr G Scott That the 2010/2011 Annual Budget include the following purposes for the Reserve Accounts:

Employee Liability Reserve - To be used to fund annual and long service leave requirements

Airport Reserve - To be used for improvements and major works at the Mount Magnet Airport Building Reserve - To be used for funding new or replacement buildings and improvements

Plant Reserve - To be used for the purchase of major plant

Community Bus Reserve - To be used for the purchase of replacement vehicle Roads Reserve - To be used for road infrastructure

Reserve – Museum - To be used for the construction of the Mining and Pastoral Museum building. Infrastructure Reserve - to be used for infrastructure development.

CARRIED 8/0


9. CONFIDENTIAL BUSINESS Nil 10. NEW BUSINESS Nil 11. NEXT MEETING

The next Finance Meeting is to be held on Wednesday 15 September 2010.

12. CLOSURE OF MEETING The meeting closed at 5:51pm. 13. CERTIFICATION BY CHAIRMAN

Documents

10.07.14.Minutes Finance Committee Meeting · Officer: Jim Dillon – Financial Consultant Amended By: Nil Disclosure of Interest: Nil Date: 9 July 2010 Application To consider the