XLOne COS - Budget Book Reports 10-06-20...Documents section of this document (see pages 14 to 59). Gross revenue, excluding abnormal contributions (gifted assets), developer contributions

Annual Budget 2020/21

CONTENTSELECTED MEMBERS.................................................................................................................. 2

ELECTED MEMBERS / SENIOR STAFF.......................................................................................... 3

ANNUAL BUDGET REPORT......................................................................................................... 4Introduction.................................................................................................................... 4

Operating Budgets........................................................................................................... 4

Revenue......................................................................................................................... 4

Rating Information........................................................................................................... 5

Expenses........................................................................................................................ 6

Capital Outlays................................................................................................................ 6

Debt Management........................................................................................................... 7

Financial Ratios............................................................................................................... 7

Reserve Accounts............................................................................................................ 8

Statutory Statements Information...................................................................................... 8

ADOPTION OF THE 2020/21 BUDGET.......................................................................................... 9Adoption of the 2020/21 Annual Budget Statements/Notes.................................................... 9

Adoption of Valuations and Rates....................................................................................... 9

Specified Area Rate.......................................................................................................... 10

Service Charge................................................................................................................ 10

Concessional Rates.......................................................................................................... 10

Payment Options and Incentives ....................................................................................... 11

Interest.......................................................................................................................... 11Arrears.......................................................................................................................... 12

Proposal to borrow funds under section 6.20....................................................................... 12

Reserve Accounts............................................................................................................ 12

Fees and Charges............................................................................................................ 12

Financial Reporting and Materiality..................................................................................... 12

STATUTORY BUDGET DOCUMENTS............................................................................................. 13

SCHEDULE OF FEES AND CHARGES............................................................................................ 60

Property Information........................................................................................................ 60

Domestic Animals (Dog & Cat).......................................................................................... 62

Stock Pound Fees (Local Law)........................................................................................... 63

Other Community Safety Fees (Local Law).......................................................................... 63

Health Services (Statutory)............................................................................................... 64

Aged Care and Support Services........................................................................................ 67

Elvire Chalets Aged Housing.............................................................................................. 69

Waste Management......................................................................................................... 70

Statutory Planning Services.............................................................................................. 72

Recreation Facilities......................................................................................................... 76

Libraries......................................................................................................................... 97

Parking Fees and Infringements......................................................................................... 98

Building Services (Statutory)............................................................................................ 100

Tourism - Swan Visitors Centre......................................................................................... 103

DIVISION AND ORGANISATIONAL BUSINESS UNIT BUDGETS........................................................ 105

City of Swan Annual Budget 2020/21

ELECTED MEMBERS

PEARCE WARD ALTONE WARD

Cr Kevin Bailey Cr David Lucas

Position: Mayor Position: Deputy Mayor

Term Ends: 2021 Term Ends: 2023

Mobile: 0407 147 351 Mobile: 0455 583 777

Email: [email protected] Email: [email protected]

Cr Patty Jones Cr Andrew Kiely


Mobile: 0428 882 778 Mobile: 0466 722 138


Cr Cate McCullough Cr Jennifer Catalano


Mobile: 0433 432 430 Mobile: 0403 338 002Email: [email protected] Email: [email protected]

Cr Tanya Richardson

Term Ends: 2023

Mobile: 0414 384 734

Email: [email protected]

WHITEMAN WARD MIDLAND / GUILDFORD WARD

Cr Ian Johnson

Term Ends: 2023

Mobile: 0411 097 393


Cr Claire Scanlan

Term Ends: 2021

Mobile: 0401 456 400


Cr Rashelle Predovnik

Term Ends: 2023

Mobile: 0411 364 331

Cr John McNamara

Term Ends: 2021

Mobile: 0413 088 880


Cr Bryce Parry

Term Ends: 2023

Mobile: 0487 384 900


Cr Mel Congerton

Term Ends: 2023

Mobile: 0417 831 727


2


ELECTED MEMBERS

SWAN VALLEY / GIDGEGANNUP WARD

Cr Rod Henderson Cr Charlie Zannino


Mobile: 0413 496 688 Mobile: 0412 788 817


SENIOR STAFF

Chief Executive Officer

Michael Foley

Executive ManagerOperations

Executive Manager Community Wellbeing Mark Bishop Jim Coten

Executive Manager Executive ManagerPlanning & Development Stakeholder RelationsSteven Tan Kym Leahy

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Revenue 2020/21

ANNUAL BUDGET REPORT

IntroductionOn 11 March 2020, the World Health Organisation declared Coronavirus (COVID-19) as a pandemic. In response, the Government of Western Australia declared a State of Emergency and a Public Health Emergency. The City carried out its financial strategy to minimise the financial impact on ratepayers while reviewing its approaches to provide assistance to its local community and balancing the budget to achieve a zero per cent increase. In conjunction with this achievement, the City has been challenged in this unprecedented time to continuously provide services and infrastructure that meet with Community expectations.

Operating BudgetsThe Operating Budgets are presented in two different formats: one by program and the other by nature and type in the Statutory Documents section of this document (see pages 14 to 59).

Gross revenue, excluding abnormal contributions (gifted assets), developer contributions in kind, loss on disposal of assets, land ceded to the crown and unrealised gains from other financial assets, is budgeted at $211.9m in 2020/21. Of this, $132.7m is derived from rate revenue. Operating expenses will be $178.3m leaving an ordinary activities result of $7.6m. Following the inclusion of gifted assets, land ceded to the crown and the unrealised gain on financial assets amounting to $21.4m this will see a net result of $55m.

Revenue

Of the total revenue (excluding gifted assets, Land ceded to the Crown and unrealised gain from financial assets) 82.7% comes from the City’s direct revenue base of rates, fees and charges and interest; 15.7% comes from grants and contributions made by the Government and the community. The City will receive some $26.0m in grants and contributions for capital works and $7.4m in operating grants, contributions and subsidies. Other revenue and service charges contribute 1.6%.

Rates Revenue$132,671,220

62.6%

Service Charges$410,0000.2%

Fees & Charges$38,547,020

18.2%

Operating Grants, Subsidies & Contributions$7,370,750

3.5%

Non‐Operating Grants, Subsidies & Contributions$25,950,870

12.2%

Interest Earnings$4,045,280

1.9%

Other Revenue$2,864,070

1.4%

Revenue 2020/21

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Rating InformationThe City's income is predominantly generated from rates revenue, which historically accounts for approximately 60% of total revenue. As shown in the previous graph, rates in this budget equate to 62.6% of total revenue. The City of Swan is desirous that the rate revenue be collected on an equitable basis, and for this reason has adopted differential rates for a number of years, to take into account the level of services provided to different types of properties, to reflect the cost of providing services to those categories of properties, as well as the need to encourage specific types of activities within the City.

The differential rates have proven to be effective in achieving the desired results at the City of Swan, and it is proposed that the practice be continued into 2020/21. The Local Government Act allows Local Governments to adopt differential rates.

There are no changes in the Gross Rental Value (GRV) or Unimproved Value (UV) categories used for differential rating with the number of categories, staying the same as in 2019/20.

The Local Government Act 1995 also stipulates that where the land is used predominantly for rural purposes the rate levied shall be based on its UV, and where the land is used predominantly for non-rural purposes the rate is calculated on its GRV.

The Rating Information is provided in Note 3 (pages 34 to 41) of this document. It consists of a statement of ‘Objects and Reasons’ for levying the differential and minimum rates, a schedule of rate levies by rate type and other rates and charges information.

Rates for non-rural properties within the City are based on the GRV provided by the Valuer General, and for rural properties on their Unimproved Values (UV), also provided by the Valuer General.

Council will continue with the Specified Area Rate in the Midland District and Hazelmere/Guildford District for Drainage, along with the GRV and UV specified area rates for Hazelmere Industrial Area Infrastructure.

Rates Levied 2020/21

Residential, 57.7%Commercial/ Industrial,

27.6%

Heavy Industry, 4.1%

UV General, 5.9%UV Commercial, 0.3%Farmland, 1.0%

Other/ Interim/Exgratia, 3.4%

5


Expenses

Capital Outlays

Expenditure by Program 2020/21

2020/21 Capital Works

The total Capital Works program for 2020/21 is $157.6m. This program includes land and building construction/works of $31.7m, infrastructure of road, bridge, drainage and footpath works of $88.8m, parks and reserves of $25.9m and plant and equipment of $11.0m. Included in the amounts are In-kind assets amounting to $17.9m.

The Capital Works Summary Statement (pages 19 to 26) gives an overview of the Capital and Infrastructure Works planned for the year.

The City’s ordinary budgeted expenditure for 2020/21 is $178.3m, of which $44.7m represents depreciation of community assets, $84.3m employee costs and $36.9m is materials and contracts. Expenditure by program and type are detailed in the statement of comprehensive income (pages 14 to 16).

Plant & Equipment7%

Land & Buildings20%

Parks Infrastructure17%

Road / Road Reserve & Infrastructure

56%

21.7%

37.2%

16.4%

6.6%

5.7%

4.4%

3.4%1.8%1.2%1.5%0.1%

41.1%

Recreation & Culture

Transport

CommunityAmenities

Governance

Education & Welfare

Economic Services

Law Order & PublicSafety

General PurposeFunding

Health

Other Property &Services

Housing

Recreation & Culture

TransportOther

Other

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Debt Management

Details of the proposed borrowings are as follows:

Term Rate

Amount 10 years 2.01%

1,000,000 10 years 2.01%

1,170,480 10 years 2.01%

3,755,730 10 years 2.01%

300,000 10 years 2.01%

11,718,410 10 years 2.01%

170,000 10 years 2.01%

$2,004,140 pa

New Loan Raising

Municipal

Ellenbrook Leisure Centre

The New Junction: Stage 1 - POS Midland Park

Arthur Street/Reid Highway Overpass

The New Junction: Modular Toilet Block

Stock Road, Bullsbrook

Swan Active Midland

Total

Additional Debt Service Repayments

Financial Ratios

Current Ratio

Current Ratio (adjusted for debt)

The above ratios are calculated as follows:

Current Ratio

Current Ratio (adjusted for debt)

The City will increase its debt in 2020/21 by raising new loans amounting to $18.1m. There are no advances to community groups proposed in this budget.

0.87:1

BUDGET 2020/21

0.73:1

Amount

18,114,620

current liabillities minus liabillities associated with restricted assets

current assets minus restricted current assets

current assets minus restricted assets

current liabillities minus long term debt minus liabillities associated with restricted assets

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Reserve Accounts

The term ‘Restricted Funds’ generally applies to cash amounts received by Council on the basis that they are for specific purposes. All specific funds established by Council are termed Reserve Accounts and the cash held in these accounts are restricted for the purpose for which the Reserves have been established. Accordingly the funds cannot be used for any other purpose except with specific authorisation of Council and advertising (if necessary). Details of the reserve accounts are contained in Note 16 (pages 50 to 55).

Statutory Statements Information

The 2020/21 Annual Budget has been prepared in accordance with the requirements of the Australian Accounting Standards, the Local Government Act 1995 and the Local Government (Financial Management) Regulations 1996. Additional information is also provided where relevant.

The statements and notes (pages 14 to 59) are provided in accordance with the statutory requirements of the legislation. These budgets are consistent with values and objectives contained in the City’s plan for the future.

The Principal Budgets are presented by Nature/Type and Program while the Operational Budgets are also presented by Division and by Organisational Business Units (pages 105 to 131).

Statement of Comprehensive Income (pages 14 to 16)

The Statement of Comprehensive Income, by Program and by Nature/Type, is a statutory document and is a requirement of the Local Government (Financial Management) Regulations 1996. This statement details operating revenue and expenses from ordinary activities plus borrowing expenses, capital grants and contributions and profit/loss on disposal of assets.

Statement of Cash Flows (page 17)

The Statement of Cash Flows is required under the Local Government (Financial Management) Regulations 1996 and it reports budgeted cash receipts from operations and alternative sources including government grants and investments. It also reports budgeted cash outflows from general business activities including the payment of creditors, repayment of loans and anticipated capital acquisitions.

Rate Setting Statement (page 18)

The Rate Setting Statement is a statutory document required by the Local Government (Financial Management) Regulations 1996 and brings together all operating, capital, reserves and loan transactions into a “source and application of funds”.

This statement forms the basis on which rates are levied. For 2020/21, the net total revenue to be raised through General Rates is $129.8m. Specified Area Rates amount to $2.8m while interest associated with emergency service levy amounts to a further $0.1m. (Note 3, page 41).

Capital Works Program (pages 19 to 26)

This schedule has been included to detail the Capital Works Program and the funding sources used to finance these works. Whilst this detail is not required by legislation it will assist users to identify the level of works to be undertaken in 2020/21.

Budget Notes (pages 27 to 59)

The Budget Notes provide additional information that is required by the Local Government (Financial Management) Regulations 1996, and enables the reader to better understand the Budget.

A separate budget for the Ellenbrook Community Reserve and the Aveley Community Reserve is included at Note 18 (pages 58 to 59). The Funds are managed by Committees consisting of representatives of the City and the Developers.

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1. Comprehensive Income Statement by Nature/Type

2. Comprehensive Income Statement by Program

3. Statement of Cash Flow

5. Capital Works Schedule

6. Notes to and Forming Part of the Budget Report

Adoption of Valuations and Rates

Gross Rental Values $1,261,616,981

$2,469,290,828

Adoption of Rates and Minimum Rates

Rate in $

Minimum Rate $

Residential 8.5499c 890.00

9.8247c 1,420.00

16.1131c 1,710.00

Rate in $

Minimum Rate $

UV General 0.38914c 890.00

UV Commercial 0.56130c 890.00

Farmland 0.28841c 890.00

The Local Government Act 1995 sets out the basis on which differential general rates may be based as follows:

Section 6.32 (1) of the Local Government Act 1995 states:

(1) When adopting the annual budget, a local government –

i. uniformly; or

ii. differentially

a. in order to make up the budget deficiency, is to impose a general rate on rateable land within its district, which rate may be imposedeither –

It should be noted that the two valuation systems are calculated differently and they are not directly comparable.

That the Rates and Minimum Rates to be levied on all rateable property within the City of Swan for the financial year 2020/21 be as follows:

ADOPTION OF THE 2020/21 ANNUAL BUDGET

(All Wards) (Financial Services & Rates)

RECOMMENDATION

That the Council resolve to adopt the following recommendations:

Adoption of the 2020/21 Annual Budget Statements/Notes

That the following financial statements as presented in pages 14 to 59 in this report be adopted:

That the valuations supplied by the Valuer General and totalling as listed below be adopted and recorded in the Rate Book for use in the 2020/21 financial year.

4. Rate Setting Statement

Unimproved Values (UV)

Unimproved Values

Gross Rental Values (GRV)

Commercial/Industrial

Heavy Industry

9


DIFFERENTIAL RATES

6.33. Differential general rates

b. a purpose for which the land is held or used as determined by the local government; or

c. whether or not the land is vacant land; or

d. any other characteristic or combination of characteristics prescribed.

(a) have benefited or will benefit from; or

(b) have access to or will have access to; or

(c) have contributed or will contribute to the need for,

that work, service or facility.

Specified Area Rate - Drainage Rate in $ GRVMidland Drainage District 0.65780c

Hazelmere, Guildford Drainage District 0.66570c

Rate in $

Hazelmere Industrial Area Infrastructure - GRV 3.896277c

Hazelmere Industrial Area Infrastructure - UV 0.113950c

(1) A local government may impose differential general rates according to any, or a combination, of the following characteristics –

a. the purpose for which the land is zoned, whether or not under a local planning scheme or improvement scheme in force under thePlanning and Development Act 2005; or

Specified Area Rate - Road and Drainage Infrastructure

Also in accordance with section 6.37(2) of the Local Government Act 1995 specified area rates be levied on properties in the Hazelmere Industrial Area to fund the cost of construction of Roads and Drainage Infrastructure based on the basis of valuation GRV or UV. Properties rated on GRV will be levied GRV Hazelmere Industrial Area Infrastructure and those rated on UV will be levied UV Hazelmere Industrial Area Infrastructure.

The following Specified Area Rates are proposed.

That in accordance with section 6.37 of the Local Government Act 1995 a specified area rate be levied to properties in the Midland Drainage District (including parts of Viveash and Woodbridge) and Hazelmere/Guildford Drainage District (including South Guildford and parts of Hazelmere) to fund the cost of construction and maintenance of drainage infrastructure.

The Objects and Reasons providing justification for each differential rate were adopted by Council in line with the advertised differential rates. Full details are defined on pages 34 to 36.

Specified Area Rate

Section 6.37(1) of the Local Government Act 1995 provides that a local government may impose a specified area rate on rateable land within a portion of its district for the purpose of meeting the cost of the provision by it of a specific work, service or facility if the local government considers that the ratepayers or residents within that area:

Service Charge

That in accordance with section 6.38 of the Local Government Act 1995, the following service charges are imposed:

A service charge is to be levied in 2020/21 for Security Patrol Services on all rateable properties in the suburb of The Vines ($196.25 pa).

Concessional Rates

In accordance with section 6.47 of the Local Government Act 1995, Council grant the following rate concessions:

Whiteman Park PropertiesA rating concession of 100% applies to all 22 privately leased and licensed agreements in existence at Whiteman Park. A total of 20 of these agreements relate to community based groups which would ordinarily attract exempt status. The remaining two agreements are arguably commercial in nature but there is no guarantee that all would be rateable.

Note: Full details of concessions are provided in budget note 3(d) 'Concessions, waivers and write offs' (page 38).

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Instalment Options

Payment in full

Instalments

1st payment

2nd payment

3rd payment

4th payment

Early payment incentive

Friday, 15 January 2021

Friday, 30 October 2020

Friday, 28 August 2020

Friday, 28 August 2020

Strata Titled Storage UnitsA rating concession of approximately 58% of minimum rates for commercial properties is applied to strata titled storage units appropriately zoned and used. This concession acknowledges the fact that the vast majority, if not all, strata titled storage units occupy a very small area and require little and infrequent use of Council’s facilities and services. Minimum rates are adjusted each year and are now set at $595 per unit.Note: Full details of concessions are provided in budget note 3(d) 'Concessions, waivers and write offs' (page 38).

Heritage ConcessionA 50% concession will apply to residential heritage listed properties on the City of Swan register upon application to Council each year. Endorsed by Council as per section 6.47 of the Local Government Act 1995.Note: Full details of concessions are provided in budget note 3(d) 'Concessions, waivers and write offs' (page 38).

Sporting Club ConcessionA 75% concession applies to recreational and sporting associations upon application to Council each year. Endorsed by Council as per section 6.47 of the Local Government Act 1995. Note: Full details of concessions are provided in budget note 3(d) 'Concessions, waivers and write offs' (page 38).

Swan Valley Farmland Concession

A 30% concession applies to the properties within Swan Valley boundaries that are eligible for the Farmland differential rating category. Application to Council is to be lodged each year and assessed in accordance with the City's Farmland Concession Guidelines. Endorsed by Council as per section 6.47 of the Local Government Act 1995.

Note: Full details of concessions are provided in budget note 3(d) 'Concessions, waivers and write offs' (page 38).

Write Off

It is estimated small balance to the value of $10,000 will be written off during 2020/21.

Payment Options and Incentives

That in accordance with sections 6.45 and 6.50 of the Local Government Act 1995 and Regulation 64(2) of the Local Government (Financial Management) Regulations 1996, the due dates of instalments under the formal rate instalment program are as follows:

Friday, 19 March 2021

That in accordance with section 6.46 of the Local Government Act 1995 and regulation 26 of the Local Government (Financial Management) Regulations 1996, no discount will be allowed for payment of rates in full within 35 days from the date of issue of the rate notice.

Interest

As per Special Council Meeting of the 15 April 2020, in response to COVID-19, Council resolved the below for 2020/21:

No interest and no administration charge for ratepayers entering into the formal rates instalment program. (Section 6.45)

No interest and no administration charge for ratepayers entering into the informal rates instalment program, regardless of the number of instalments agreed upon. (Section 6.45)

No interest charge will be imposed on rates or specified area rates.

The Minister for Emergency Services WA has declared that:

Emergency Service Levy (ESL) Penalty Interest rate for the 2020/21 year is reduced from 11% to 8% per annum

Under special determination a Local Government is authorised to reduce the ESL penalty interest rate in line with the interest rate being charged on local government rates

The City intends to utilise this option and align ESL interest rate being charged on rates at zero

11


Arrears

Amount Term Rate

10 years 2.01%

10 years 2.01%

10 years 2.01%

10 years 2.01%

10 years 2.01%

10 years 2.01%

$2,004,140 pa

Municipal Works

New Loan Raising

Ellenbrook Leisure Centre

The New Junction: Stage 1 - POS Midland Park

Arthur Street/Reid Highway Overpass

The New Junction: Modular Toilet Block

Stock Road, Bullsbrook

Swan Active Midland

Total

Additional Debt Service Repayments - per annum

Reserve Accounts

170,000

11,718,410

18,114,620

That the Reserve accounts, including Restricted Contributions Note 16 (pages 50 to 55) totaling $118,965,907 be adopted. Transfers of $2,312,230 (Interest) and $26,019,676 are made to the reserves. Reserve funds of $43,278,226 are used for municipal purposes.

That the Reserve accounts including Restricted Contributions of the draft 2020/21 Annual Budget be adopted.

Fees and Charges

That the fees and charges as set out in the Schedule of Fees and Charges (pages 60 to 104) effective from the 1st July 2020 be adopted.

Financial Reporting and Materiality

That for the purpose of materiality in monthly financial reports for the 2020/21 financial year, variances shall be those greater than 10% of the original adopted budget and a value greater than $50,000.

Absolute Majority of Council

1,170,480

300,000

1,000,000

3,755,730

As per Special Council Meeting of the 15 April 2020, in response to COVID-19, Council resolved the below for 2020/21.

No penalty interest charge will be imposed on unpaid rates or Specified Area Rates after the due date.

The Minister for Emergency Services WA has declared that:

Emergency Service Levy (ESL) Penalty Interest rate for the 2020/21 year is reduced from 11% to 8% per annum

Under special determination a Local Government is authorised to reduce the ESL penalty interest rate in line with the interest rate being charged on local government rates

The City intends to utilise this option and align ESL interest rate being charged on rates at zero

Rubbish Removal Charge

Rateable Properties

That the Rubbish Removal Charge for all rateable land be set at $422 per 240 litre bin per annum for a weekly removal service, including fortnightly recycling service, where applicable.

New and Additional Bin Levy

That a “one off” bin levy of $67 per 240 or 360 litre bin for each new and/or additional bin (refuse and/or recycling) be charged to all properties provided with a refuse and/or recycling service, except when it is a replacement bin. That a “one off” bin levy of $400 per 660 litre bin for each new and/or additional bin (refuse and/or recycling) be charged to all properties provided with a refuse and/or recycling service, except when it is a replacement bin.

Non Rateable PropertiesThat the rubbish charge for non-rateable land be set at $818 per 240 or 360 litre bin per annum for a weekly removal service including recycling service of 240 or 360 litre bin, where applicable.

Proposal to borrow funds under section 6.20

That in accordance with section 6.20 of the Local Government Act 1995, the City borrows $18,114,620 for the following purposes:

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STATUTORY BUDGET DOCUMENTS

INDEX

STATEMENTS Page

Comprehensive Income Statement by Nature/Type 14

Comprehensive Income Statement by Program 15

Statement of Cash Flow 17

Rate Setting Statement 18

Capital Works Schedule 19

Notes to and Forming Part of the Budget Report

1 Significant Accounting Policies 27

2 Service Programs 33

3 Rating and Valuations 34

4 Fees and Charges 42

5 Contributions/Grants 43

6 Disposal of Assets 43

7 Depreciation and Amortisation 44

8 Non current assets 44

9 Members fees and allowances 45

10 Cash at Bank/Investments 46

11 Loan Facilities 47

12 Trading undertakings and major trading undertakings 48

13 Joint Arrangement 48

14 Major land transactions 49

15 Trust Funds 49

16 Reserves & Restricted Funds 50

17 Net current assets 56

18 Community Facilities Statements 57

13

BUDGET BUDGET ESTIMATE2020/21 2019/20 2019/20

Revenue from Ordinary ActivitiesRates Revenue 132,671,220 132,377,810 126,640,043Service Charges 410,000 407,430 411,922Fees and Charges 38,547,020 41,362,150 38,917,686Operating Grants, Subsidies and Contributions 7,370,750 7,365,440 10,230,075Interest Earnings 4,045,280 7,017,980 6,517,620Other Revenue 2,864,070 2,585,250 3,860,458Sub-Total Ordinary Revenue 185,908,340 191,116,060 186,577,804

Expenses from Ordinary ActivitiesEmployee Costs (84,273,270) (81,602,822) (81,968,266)Materials and Contracts (36,924,740) (37,621,222) (36,556,295)Utility Charges (7,030,750) (7,444,536) (6,732,697)Depreciation (44,669,250) (43,998,720) (44,136,265)Interest Expenses (1,525,770) (1,695,860) (1,695,860)Insurance Expenses (2,437,650) (2,748,475) (2,609,790)Other Expenditure (1,470,900) (1,735,950) (1,611,410)Sub-Total Ordinary Expenses (178,332,330) (176,847,585) (175,310,583)

Ordinary Activities 7,576,010 14,268,475 11,267,220

Add Non Ordinary ActivitiesNon-Operating Grants, Subsidies and Contributions 22,654,270 8,972,970 15,392,040Developer Contribution Plans: Cash 3,296,600 10,776,290 4,577,380Developer Contribution Plans: In Kind 3,885,130 5,868,000 4,945,060Non-operating Gifted Assets from Developers: Other 14,000,000 12,750,000 12,750,000Land Ceded to the Crown (989,120) (504,890) (454,960)Profit/(Loss) on Disposal of Assets (429,480) (2,598,520) (2,663,550)Profit/(Loss) on Impairment of Investments - - 555,700Unrealised Gain from Other Financial Assets: EMRC 5,000,000 5,000,000 3,046,500EMRC Cash Dividend - - 1,953,500

Net Result 54,993,410 54,532,325 51,368,890Other Comprehensive Income

Changes on Revaluation of Non-Current Assets - - -

Total Comprehensive Income 54,993,410 54,532,325 51,368,890

Notes:

( ) bracket represents an outflow of funds.

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

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

The amount shown as Rates Revenue in this statement is greater than that shown in the Rates Setting Statement as it includes Specified Area Rates which is shown separately in the other statement.


STATEMENT OF COMPREHENSIVE INCOME BY NATURE/TYPEfor the period 1 July 2020 to 30 June 2021

All fair value adjustments relating to remeasurement of financial assets at fair value through profit or loss and (if any) changes on revaluation of fixed assets in accordance with the mandating of fair value measurement through Other Comprehensive Income, is impacted upon by external forces and is not able to be reliably estimated at the time of budget adoption.

Fair value adjustments relating to the remeasurement of financial assets at fair value, through profit or loss will be assessed at the time they occur with compensating budget amendments made as necessary.

It is anticipated in all instances, any changes in revaluation of non-current assets will relate to non-cash transactions and as such, have no impact on this budget document.

14



Revenue from Ordinary ActivitiesGeneral Purpose Funding 139,943,560 142,788,850 139,682,993Governance 2,205,120 2,302,260 2,586,870Law, Order, Public Safety 1,152,360 1,302,150 1,351,061Health 325,000 300,000 333,000Education and Welfare 3,845,790 3,906,041 3,711,750Housing 50,000 66,000 53,000Community Amenities 29,310,000 27,025,000 27,109,856Recreation and Culture 4,393,460 7,490,420 6,151,175Transport 1,356,750 1,844,350 1,794,920Economic Services 1,205,000 1,598,000 1,598,698Other Property and Services 2,121,300 2,492,989 2,204,480Sub Total Revenue 185,908,340 191,116,060 186,577,804

Expenses from Ordinary ActivitiesExcluding Borrowing Expenses

General Purpose Funding (3,262,070) (2,911,783) (3,411,783)Governance (11,732,510) (11,934,087) (11,261,361)Law, Order, Public Safety (6,023,670) (5,946,896) (6,063,544)Health (2,205,190) (2,157,471) (2,145,021)Education and Welfare (10,070,030) (9,964,271) (9,577,761)Housing (106,220) (106,606) (106,606)Community Amenities (28,945,120) (28,452,803) (27,894,712)Recreation and Culture (38,335,830) (38,633,437) (37,720,512)Transport (65,735,180) (64,467,872) (64,808,854)Economic Services (7,790,370) (7,358,014) (7,205,593)Other Property and Services (2,600,370) (3,218,486) (3,418,977)Sub Total Non-Borrowing Expense (176,806,560) (175,151,726) (173,614,723)

Borrowing Costs Expense(22,300) (26,820) (26,820)

(334,580) (389,940) (389,940)(404,110) (480,330) (480,330)(550,550) (470,720) (470,720)(214,230) (328,050) (328,050)

GovernanceCommunity Amenities Recreation and Culture TransportOther Property and Services Sub Total Borrowing Costs (1,525,770) (1,695,860) (1,695,860)

Net Operating result 7,576,010 14,268,475 11,267,220

Notes:



STATEMENT OF COMPREHENSIVE INCOME BY PROGRAM for the period 1 July 2020 to 30 June 2021




15



Non-Operating Grants, Subsidies & ContributionsGovernance 193,750 228,880 137,450Law, Order and Public Safety 250,000 - -Community Amenities 7,181,730 16,644,290 9,522,440Recreation and Culture 3,757,600 1,100,000 1,100,000Transport 32,452,920 20,394,090 26,904,590

43,836,000 38,367,260 37,664,480

Land Ceded to the CrownCommunity Amenities (989,120) (504,890) (454,960)

(989,120) (504,890) (454,960)

Profit / (Loss) on Disposal Of AssetsGovernance - - -Recreation And Culture - (2,712,200) (2,777,230)Transport - (124,320) (124,320)Other Property And Services (429,480) 238,000 238,000

(429,480) (2,598,520) (2,663,550)

Profit/(Loss) on Impairment of InvestmentsGeneral Purpose Funding - - 555,700

Unrealised Gain from Other Financial Assets:EMRCGeneral Purpose Funding 5,000,000 5,000,000 3,046,500

EMRC Cash DividendGeneral Purpose Funding - - 1,953,500

Net Result 54,993,410 54,532,325 51,368,890Other Comprehensive Income - -Total Comprehensive Income 54,993,410 54,532,325 51,368,890

Notes:



for the period 1 July 2020 to 30 June 2021




STATEMENT OF COMPREHENSIVE INCOME BY PROGRAM (Cont'd)

16


Cash Flows from Operating ActivitiesReceipts

Rates Revenue 132,641,743 132,060,720 132,442,910Operating Grants, Subsidies and Contributions 6,016,150 7,365,441 10,230,075Fees and Charges 38,547,020 41,262,150

911,922Service Charges 410,000 307,43038,917,686

Interest Earnings 4,045,280 7,017,980 6,517,620Goods and Services Tax 4,305,407 5,669,167 5,669,167Other Revenue 2,864,070 2,585,249 3,089,396

Total Receipts 188,829,670 196,268,137 197,778,776

PaymentsEmployee Costs (83,440,190) (81,302,822) (82,424,878)Materials and Contracts (37,619,943) (36,543,332) (32,010,557)Utility Charges (7,030,750) (7,389,537) (6,732,697)Interest Expenses (1,525,770) (1,695,860) (1,695,860)Insurance Expenses (2,437,650) (2,748,475) (2,609,790)Goods and Services tax (4,852,023) (5,327,201) (3,702,621)Other Expenditure (1,470,900) (1,735,950) (1,611,410)

Total Payments (138,377,226) (136,743,177) (130,787,813)Net cash provided by (used in) operating activities 10(d) 50,452,444 59,524,960 66,990,962

Cash Flows from Investing ActivitiesPayments

Purchase / Construction of capital assets (35,006,816) (45,240,641) (41,527,314)Purchase / Devlopment of infrastructure (111,686,411) (70,852,600) (49,942,070)Transfers From Trust - - -

(146,693,227) (116,093,241) (91,469,384)

ReceiptsCapital Grants, Subsidies and Contributions 22,654,270 8,911,861 20,084,981Developers Contributions 3,296,600 10,776,290 4,577,380Proceeds from Sale of Fixed Assets 1,603,620 11,356,480 2,243,050Proceeds from Disposal of Investments - - -

27,554,490 31,044,631 26,905,411

Net cash provided by (used in) investment activities (119,138,737) (85,048,610) (64,563,973)

Cash Flows from Financing ActivitiesProceeds from Loan Borrowings 18,114,620 9,606,000 9,606,000Repayment of Borrowings (7,479,110) (7,183,019) (7,183,019)Contributions - Self supporting loans 64,220 71,205 71,210ESL Movements 250,000 (500,000) (500,000)

Net cash provided by (used In) financing activities 10,949,730 1,994,186 1,994,191Net increase (decrease) in cash held (57,736,563) (23,529,464) 4,421,180Cash at beginning of year 195,191,468 161,838,481 190,770,288

Cash and cash equivalents at the end of the year 10(a) 137,454,905 138,309,017 195,191,468



Note


STATEMENT OF CASHFLOWSfor the period 1 July 2020 to 30 June 2021

17

Budget Budget ESTIMATE2020/21 2019/20 2019/20

OPERATING REVENUEService Charges 410,000 407,430 411,920Fees & Charges 38,547,020 41,362,150 38,917,690Specified Area Rates 2,842,180 2,827,090 2,773,220Operating Grants, Subsidies & Contributions 7,370,750 7,365,441 10,230,070Interest Earnings 4,045,280 7,017,980 6,517,620Other Revenue 2,864,070 2,585,249 3,860,460

Subtotal - operating revenue 56,079,300 61,565,340 62,710,980

OPERATING EXPENSEEmployee Costs (84,273,270) (81,602,822) (81,968,270)Materials & Contracts (36,924,740) (37,621,222) (36,556,290)Utility Charges (7,030,750) (7,444,536) (6,732,700)Depreciation on Non-Current Assets (44,669,250) (43,998,720) (44,136,260)Interest Expenses (1,525,770) (1,695,860) (1,695,860)Insurance Expenses (2,437,650) (2,748,475) (2,609,790)Other Expenses (1,470,900) (1,735,950) (1,611,410)

Subtotal - operating expense (178,332,330) (176,847,585) (175,310,580)Net cash from / (on) operating activities (122,253,030) (115,282,245) (112,599,600)Non Cash Items

Movement in deferred rates (non-current) (334,200) (207,090) (207,090)Movement in employee benefit provisions 833,080 817,068 259,220Write Back Depreciation 7 44,669,250 43,998,720 44,136,260

Total 45,168,130 44,608,697 44,188,390

Capital WorksPurchase / construction of infrastructure assets (108,936,770) (70,852,600) (54,815,070)Developer contributions - infrastructure (16,896,010) (18,113,110) (17,240,100)Purchase / construction of other capital assets (30,770,930) (45,240,641) (45,763,200)Proceeds from sale of fixed assets 1,603,620 11,356,480 2,243,050Capital grants, subsidies & contributions 22,654,270 8,972,970 15,392,040Developer contributions: cash 3,296,600 10,776,290 4,577,380Developer contributions: in kind 3,885,130 5,868,000 4,945,060In kind developer contributions: other 14,000,000 12,750,000 12,750,000Land ceded to the Crown (989,120) (504,890) (454,960)

Net Capital Outlays (112,153,210) (84,987,502) (78,365,800)

Debt Management 11Proceeds from new loans 18,114,620 9,606,000 9,606,000Repayment of loans (7,479,110) (7,183,019) (7,183,020)Contributions to debt 64,220 71,205 71,210

Total 10,699,730 2,494,185 2,494,190Other Funding Transactions

Profit on impairment of investments - - 555,700Transfers (to) from trust funds 909,090 - -Transfers to Reserves 16 (28,331,906) (46,239,896) (39,205,520)Transfers from reserves 16 43,278,226 50,713,967 47,121,590

Total 15,855,410 4,474,071 8,471,770

Opening Funds 1 July - Net Current Assets 17 32,904,979 19,205,236 44,849,199Less closing funds 30 June net current assets 17 51,050 63,161 32,904,979

Net Current Assets (Less Restricted) 32,853,929 19,142,075 11,944,220

SHORTFALL TO BE MADE UP FROM GENERAL RATES 3(I) 129,829,041 129,550,720 123,866,830


RATE SETTING STATEMENTfor the period 1 July 2020 to 30 June 2021

Note



18

CAPITAL WORKS SCHEDULEg

2020/21

Total Reserve / Trust Grant Trade-in Loan In-Kind Municipal

Land

New Junction - Planning 100,000 100,000 - - - - -

Land 100,000 100,000 - - - - -

Buildings

Administration and Operations Centre

Administration Building 268,700 - - - - - 268,700

Mechanical Workshop 227,810 27,810 - - - - 200,000

Operations Centre 569,750 - - - - - 569,750

General Renewal

Air Conditioning Renewal Program 120,000 - - - - - 120,000

Buildings - Minor Works 60,000 - - - - - 60,000

Community Facilities 130,000 - - - - - 130,000

Fire Safety System Program 69,000 - - - - - 69,000

Lock & Key Renewal Program 402,000 - - - - - 402,000

Building Integrated Systems Program

City Wide Security Management Upgrade 1,224,280 - - - - - 1,224,280

Minor Capital Security Upgrades 50,000 - - - - - 50,000

Libraries - - - - - -

Guildford Library 55,200 - - - - - 55,200

Midland Library 573,000 500,000 - - - - 73,000

Leisure Centres

Ellenbrook Leisure Centre 2,897,150 400,000 - - 1,000,000 - 1,497,150

Swan Active Ballajura 1,070,000 1,070,000 - - - - -

Swan Active Beechboro 928,000 254,000 - - - - 674,000

Swan Active Midland 558,870 - - - 170,000 - 388,870

The New Junction

Modular Toilet Block 300,000 - - - 300,000 - -

Public Facilities

Gidgegannup Country Womens Association 157,000 - - - - - 157,000

Recreation - - - - - -

Alice Daveron Centre 491,900 491,900 - - - - -

Coolamon Pavilion 50,800 - - - - - 50,800

Gidgegannup Showgrounds 70,000 - - - - - 70,000

Kingfisher Oval Community Centre 49,970 - - - - - 49,970

Lilac Hill Park Pavilion 180,000 - - - - - 180,000

Malvern Springs Community Centre 61,120 61,120 - - - - -

Ron Jose Oval Pavilion 1,308,860 905,000 375,000 - - - 28,860

Woodlake Community Centre 18,900 - - - - - 18,900

Woodlake Village Oval 60,000 - - - - - 60,000

Percy Cullen Court 20,000 - - - - - 20,000

Other - - - - - -

Brockman Community Centre 3,980,320 - 3,340,000 - - - 640,320

Bus Shelters - New Shelters 133,300 - 21,300 - - - 112,000

Bus Shelters - Renewal Program 43,300 - 21,300 - - - 22,000

Ellenbrook Youth Facility 488,450 - - - - - 488,450

Western Swan Home Support 70,000 - - - - - 70,000

Heritage Buildings

Bellevue Hall 764,480 - - - - - 764,480

Bullsbrook Museum 55,000 - - - - - 55,000

Guildford Town Hall 122,000 - - - - - 122,000

Heritage Buildings Renewal Program - Minor 10,000 - - - - - 10,000

Midland Lotteries House 57,100 - - - - - 57,100

Midland Town Hall 288,900 - - - - - 288,900

Swan Guildford Artefact Store 242,000 - - - - - 242,000

19


19


2020/21


Waste Services

Bin Compounds 23,000 23,000 - - - - -

Bullsbrook Waste Transfer Station 400,000 400,000 - - - - -

Malaga Waste Transfer Station 3,160,000 3,160,000 - - - - -

Urban Growth Corridor -

Brabham -

Community Building - Lakefield Drive 2,060,200 2,060,200 - - - - -

Dayton - - - - - -

Public Toilet - Blundell Street 94,840 94,840 - - - - -

District - - - - - -

District Building - Blundell Street 2,654,300 2,654,300 - - - - -

Stimulus Package - - - - - -

SP Admin building 175,000 - - - - - 175,000

SP Baskerville Pavilion 40,000 - - - - - 40,000

SP Bus Seat City Wide 100,000 - - - - - 100,000

SP Ellenbrook Library 194,160 - - - - - 194,160

SP Gidgegannup Country Womens Association 200,000 - - - - - 200,000

SP Men's Shed Sea Container Storage 40,000 - - - - - 40,000

SP Midland/Guilford Cricket Club 50,000 - - - - - 50,000

SP PA Percy Cullen Pavillion 150,000 - - - - - 150,000

SP Rabbitohs Storage Shed 50,000 - - - - - 50,000

SP Swan Valley Sporting Club 50,000 - - - - - 50,000

SP Valley Bowls 18,000 - - - - - 18,000

SP West Swan Hall 649,000 - - - - - 649,000

Buildings 28,335,660 12,102,170 3,757,600 - 1,470,000 - 11,005,890

Drainage

Midland Districts Drainage - - - - - -

Albert Street, Bellevue 487,890 487,890 - - - - -

Blackadder Creek, Midland 650,000 650,000 - - - - -

Croydon Street, Bellevue 240,000 240,000 - - - - -

May Street, Bellevue 196,000 196,000 - - - - -

Sophia Street, Bellevue 160,000 160,000 - - - - -

Minor Drainage Works 50,000 50,000 - - - - -

Guildford/Hazelmere/South Guildford

Wynne Street, Hazelmere 457,000 457,000 - - - - -

Drainage Upgrades Other

Altone Road, Beechboro 150,000 - - - - - 150,000

Dayton Boulevard, Dayton 50,000 - - - - - 50,000

Loder Way South Guildford 12,000 - - - - - 12,000

Minor works 88,000 - - - - - 88,000

DRN Other Drainage Upgrades (West Swan / Sanderling / Beechboro) 50,000 - - - - - 50,000


Other Drainage Upgrades 80,000 - - - - - 80,000

Gidgegannup Showgrounds 100,000 - - - - - 100,000

Drainage 2,770,890 2,240,890 - - - - 530,000

Footpaths

City Wide Footpaths - Replacements 267,000 - - - - - 267,000

City Wide Footpaths - New 420,000 - - - - - 420,000

Universal Access 30,000 - - - - - 30,000

City Wide Cycle Plan

West Swan Road 400,000 - 200,000 - - - 200,000


SP Drumpellier Drive 125,000 - - - - - 125,000

SP Ellenbrook/Aveley Footpath 43,500 - - - - - 43,500

SP Illawarra Crescent 180,000 - - - - - 180,000

20


20


2020/21


SP Minor Footpath works 50,000 - - - - - 50,000

SP Railway Pde Footpath 660,000 - - - - - 660,000

SP Wistful Wetlands Footpath 8,500 - - - - - 8,500

Footpaths 2,184,000 - 200,000 - - - 1,984,000

Parks and Reserves

Annie's Landing - Playgrounds 46,000 46,000 - - - - -

Bushland Preservation 123,000 - - - - - 123,000

City Wide - Minor Park Furniture 20,000 - - - - - 20,000

City Wide - Parks & Streetscapes Renewal Program 129,500 - - - - - 129,500

Dayton Boulevard BMX Track 10,000 - - - - - 10,000

Emu Lake 30,000 - - - - - 30,000

Kings Meadow Reserve 75,980 - 37,990 - - - 37,990

Midland Skate Park 1,730,000 - 1,000,000 - - - 730,000

Midvale Netball Centre 70,000 - - - - - 70,000

Minor Projects Parks & Streetscapes 104,500 - - - - - 104,500

Multigenerational Space 150,000 150,000 - - - - -

Parks Electrical Infrastructure 152,000 - - - - - 152,000

Percy Cullen Oval 35,000 - - - - - 35,000

Street Trees - Residential 250,000 - - - - - 250,000

Street Trees - Rural 20,000 - - - - - 20,000

Whiteman Regional Open Space 120,000 - 120,000 - - - -

Sport Ovals Lighting Safety Rectification -

Altone Hockey Oval 250,800 - - - - - 250,800

Charlottes Playing Fields 350,000 350,000 - - - - -

Coolamon Oval 10,000 - - - - - 10,000

Dulcie Netball Courts 89,000 - - - - - 89,000

Ellenbrook District Open Space-North 20,000 - - - - - 20,000

Kingfisher AFL Oval Lighting Safety Rectification 280,000 - - - - - 280,000

Lillac Hill Cricket Ground 50,000 - - - - - 50,000

Pickett Park Courts 37,000 - - - - - 37,000

Ron Jose Park 358,500 - 300,000 - - - 58,500

Turkich Parade Oval 10,000 - - - - - 10,000

Foreshore Restoration - - - - - -

Ardmore Park 15,000 - - - - - 15,000

Bells Rapids Foreshore Restoration 77,050 - 38,520 - - - 38,530

Guildford Wharf 100,000 - 50,000 - - - 50,000

Middleswan Reserve 25,000 - - - - - 25,000

Wangalla Brook / Koongamia Bushland Reserves 136,000 - - - - - 136,000

Play Space Program - - - - -

Central Lakes 50,000 - - - - - 50,000

Bluegum Park 35,000 - - - - - 35,000

Maguire Oval 110,000 - - - - - 110,000

PA Stirling Square Light Horse 279,920 - - - - - 279,920

Foreshore Restoration - Minor 15,000 - - - - - 15,000

Irrigation Infrastructure

City Wide - Irrigation Infrastructure 391,000 - - - - - 391,000

Chequers Club Bore/Irrigation 200,000 - - - - - 200,000

Public Art

Acquisition Program 150,000 - - - - - 150,000

Darling Range Public Art 20,000 20,000 - - - - -

Urban Growth Corridor - - - - - -

Brabham -

Neighbourhood Park - Lakefield Drive 3,518,210 3,518,210 - - - - -

21


21


2020/21


Dayton -

Neighbourhood Park - Blundell Street 3,530,450 3,530,450 - - - - -

Local Park - Feather Flower 2,314,930 2,314,930 - - - - -

District

District Park - Blundell Street 818,770 818,770 - - - - -

The New Junction - - -

Public Open Space - Midland Park 3,400,000 909,090 1,320,430 - 1,170,480 - -


SP Altone Park 245,000 - - - - - 245,000

SP Aveley Central Lakes 210,000 - - - - - 210,000

SP Dayton Dog Park 150,000 - - - - - 150,000

SP Drumpellier Drive 90,000 - - - - - 90,000

SP Dulcie Ludlow 56,000 - - - - - 56,000

SP Hamelin Park 25,000 - - - - - 25,000

SP Jenna Pulin Crescent 7,000 - - - - - 7,000

SP Jungle Park 35,000 - - - - - 35,000

SP Kingfisher AFL Oval Lighting Safety Rectification 115,000 - - - - - 115,000

SP Specialist Residential Rehabilitation Program 100,000 - - - - - 100,000

SP Livvi's Playground 52,000 - - - - - 52,000

SP Lowrey Park 15,000 - - - - - 15,000

SP Percy Cullen Oval 60,000 - - - - - 60,000

SP Sandown Park, Henley Brook 150,000 - - - - - 150,000

SP Swan Active Ballajura 30,000 - - - - - 30,000

SP Swan Active Beechboro 60,000 - - - - - 60,000

SP Upper Swan Primary School 16,500 - - - - - 16,500

SP Valley Bowls 150,000 - - - - - 150,000

SP City Wide - Parks Renewal

SP Almeria Park 120,000 - - - - - 120,000

SP Alta Laguna Tennis Court Playground 140,000 - - - - - 140,000

SP Altone Park Rec Centre 100,000 - - - - - 100,000

SP Anna Plains 80,000 - - - - - 80,000

SP Baskerville Hall 100,000 - - - - - 100,000

SP Bluegum Park 100,000 - - - - - 100,000

SP Brilliant Rise Park 100,000 - - - - - 100,000

SP Caloria Park 30,000 - - - - - 30,000

SP Carew Park 100,000 - - - - - 100,000

SP Central Lakes 120,000 - - - - - 120,000

SP Coonawarra Park 120,000 - - - - - 120,000

SP Corti Park 40,000 - - - - - 40,000

SP Fountain Park 100,000 - - - - - 100,000

SP Grassdale Wetland 100,000 - - - - - 100,000

SP Holmesdale Park 80,000 - - - - - 80,000

SP Kingsmeadow Oval 140,000 - - - - - 140,000

SP Kulungar Park 100,000 - - - - - 100,000

SP Lockridge Family Centre 20,000 - - - - - 20,000

SP Maguire Oval 160,000 - - - - - 160,000

SP Natham Square Park 120,000 - - - - - 120,000

SP Ron Jose Oval 130,000 - - - - - 130,000

SP Sacramento Park 100,000 - - - - - 100,000

SP Saint Elias Place Park 100,000 - - - - - 100,000

SP Simla Park 100,000 - - - - - 100,000

SP Stirling Square 120,000 - - - - - 120,000

SP Wangalla POS 100,000 - - - - - 100,000

SP Delapre Park 40,000 - - - - - 40,000

SP Oakhill Park 100,000 - - - - - 100,000

22


22


2020/21


SP Warnock Park 100,000 - - - - - 100,000

SP Capital Establishing 20,000 - - - - - 20,000

SP Lloyd Penn Park 560,000 - - - - - 560,000

Parks and Reserves 24,714,110 11,657,450 2,866,940 - 1,170,480 - 9,019,240

Bridges

Arthur Street / Reid Highway Overpass 5,000,000 1,244,270 - - 3,755,730 - -

Bells Rapids Footbridge 70,000 - - - - - 70,000

Beverly Terrace 79,300 - - - - - 79,300

Beverley Terrace Boardwalk 49,540 - - - - - 49,540

Blackadder Creek - Great Northern 55,200 - 48,000 - - - 7,200

Central Lakes Footbridge 30,000 - - - - - 30,000

Fountain Park Boardwalk 30,000 - - - - - 30,000

Paperbark Place Footbridge 35,000 - - - - - 35,000

Reen Road Box Culvert 150,000 - - - - - 150,000

Rutland Road Bridge 397,000 - - - - - 397,000

Sandown Circle Footbridge 25,000 - - - - - 25,000

Shelduck Park Boardwalk 30,000 - - - - - 30,000

Sturtridge Road Footbridge 20,000 - - - - - 20,000

Susannah Brook POS Bridge 20,000 - - - - - 20,000

The Brook Footbridge 35,000 - - - - - 35,000

The Grapevine Boardwalk 120,000 - - - - - 120,000

West Swan Road Bridge 418,310 - - - - - 418,310

Bridges 6,564,350 1,244,270 48,000 - 3,755,730 - 1,516,350

Roads

Bellefin and Hepburn Intersection upgrade 10,000 - - - - - 10,000

Contributions to works by others 200,000 - - - - - 200,000

Investigation, Design Projects 300,000 - - - - - 300,000

Local Roads Program - Testing 300,000 - - - - - 300,000

Marangaroo and Hepburn Intersection upgrade 10,000 - - - - - 10,000

Pelican and Bellefin Intersection upgrade 10,000 - - - - - 10,000

West Swan Road 75,000 - - - - - 75,000

Metropolitan Region Road Group

Drumpellier Drive 78,200 - - - - - 78,200

Malaga Drive 570,000 - 281,600 - - - 288,400

Marshall Road 2,204,380 - 413,870 - - - 1,790,510

Morrison Road 725,000 - 254,130 - - - 470,870

Black Spot - State and Federal

Railway Parade 790,000 - 526,670 - - - 263,330

Road Works - Traffic Safety

Minor Works, City Wide 75,000 - - - - - 75,000

Local Road Program - City Wide - -

Beringarra Avenue, Malaga 895,000 - 236,670 - - - 658,330

Campersic Road, Herne Hill 85,000 - 22,480 - - - 62,520

Charles Street, Midland 450,000 - 118,990 - - - 331,010

Clayton Street, Bellevue 180,000 - 47,600 - - - 132,400

Chittering Road, Bullsbrook 65,000 - 17,190 - - - 47,810

Coolga Road, Koongamia 85,000 - 22,480 - - - 62,520

Dance Drive, Middle Swan 120,000 - 31,730 - - - 88,270

Haddrill Road, Herne Hill 4,100,000 - 661,080 - - - 3,438,920

Kirby Road, Bullsbrook 80,000 - 21,150 - - - 58,850

Lilydale Road, Gidgegannup 85,000 - 22,480 - - - 62,520

Lord Street, Midland 350,000 - 92,550 - - - 257,450

Main Street, Ellenbrook 170,000 - 44,950 - - - 125,050

Morrison Road, Midland 90,000 - 23,800 - - - 66,200

Mulgul Road, Malaga 100,000 - 26,440 - - - 73,560

23


23


2020/21


O'Brien Road, Gidgegannup 200,000 - 52,890 - - - 147,110

Sefton Avenue, Viveash 90,000 - 23,800 - - - 66,200

Spring Avenue, Midland 210,000 - 55,530 - - - 154,470

Toodyay Road, Middle Swan 250,000 - 66,110 - - - 183,890

Wagoora Place, Koongamia 100,000 - 26,440 - - - 73,560

Woollcott Avenue, West Swan 1,400,000 - 370,200 - - - 1,029,800

Major Road Works Program - - - - - -

Apple Street 2,214,520 - - - - - 2,214,520

Clayton / Cowie Roundabout 944,000 - - - - - 944,000

Clayton Street/Military Road Intersection 20,000 - - - - - 20,000

Dulwich and Marshall Road Roundabout 675,000 - - - - - 675,000

Henley Brook Avenue 3,545,000 - 1,630,000 - - - 1,915,000

Marshall Road 100,000 - - - - - 100,000

Midland Road 3,500,000 226,000 - - - - 3,274,000

Stock Road 20,961,070 - 7,397,140 - 11,718,410 - 1,845,520

The Broadway 2,200,000 - 2,200,000 - - - -

Workshop Avenue 5,100,810 - - - - - 5,100,810

Hazelmere Industrial Area

Footpath and Lighting - Lloyd Street 712,090 712,090 - - - - -

Footpath and Lighting - Stirling Crescent 500,000 500,000 - - - - -

Land Acquisition - Stirling Crescent 1,000,000 1,000,000 - - - - -

Land Acquisition - Stirling Crescent, Bushmead Road to Lakes Road 2,312,640 2,312,640 - - - - -

Land Acquisition and Footpath - Talbot Road 524,800 524,800 - - - - -

Transport Strategy

Gnangara Rd 75,000 - - - - - 75,000

Car Parking


Ellenbrook North Open Space 40,000 - - - - - 40,000

Guildford Parking 50,000 - - - - - 50,000

Midland Parking 50,000 - - - - - 50,000

Street Lighting

Barbera Lane 20,000 - - - - - 20,000

Bushby Street South 20,000 - - - - - 20,000

Chittering/Meadowbrook Road 28,000 - - - - - 28,000

Clayton Street and Jinda Road 24,000 - - - - - 24,000

Cope Street 65,000 - - - - - 65,000

Ferguson Street 24,000 - - - - - 24,000

James Street 35,000 - - - - - 35,000

Street Lighting Minor

Bishop Road 5,750 - - - - - 5,750

Toodyay and Wilson Road 5,750 - - - - - 5,750

Urban Growth Corridor -

Caversham -

Arthur Street 591,680 591,680 - - - - -

Daviot Road 3,700,000 1,424,220 - - - - 2,275,780

Suffolk Street 80,000 80,000 - - - - -

Dayton -

Isoodon Street 64,870 64,870 - - - - -

Marshall Road 14,240 14,240 - - - - -

Brabham & Dayton

Henley Brook Ave 35,000 35,000 - - - - -

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2020/21



SP Swan Valley Tourism Signage 100,000 - - - - - 100,000

SP Roland Road 20,000 - - - - - 20,000

SP Morrison Road Crossing 50,000 - - - - - 50,000

Roads 64,004,800 7,485,540 14,687,970 - 11,718,410 - 30,112,880

Vehicles

Light Fleet - New 30,000 30,000 - - - - -

Light Fleet Vehicles - Replacement 2,422,450 1,996,450 - 426,000 - - -

Vehicles 2,452,450 2,026,450 - 426,000 - - -

Plant and Equipment

Fire Fighting Assets 25,000 - - - - - 25,000

Plant & Equipment - Replacement 2,442,700 1,604,630 - 838,070 - - -

Security Systems - CCTV - Mobile Units 250,000 - 250,000 - - - -

Security Systems - CCTV - Software/Equipment 50,000 - - - - - 50,000

Vehicles/Plant - Aged Services - Replacement 290,000 260,000 - 30,000 - - -

Waste Management - Replacement 2,036,000 1,726,450 - 309,550 - - -

Plant and Equipment 5,093,700 3,591,080 250,000 1,177,620 - - 75,000

Computing

Computer Upgrades & Replacement 837,000 - - - - - 837,000

ePlanning Project 138,070 - - - - - 138,070

Library Services - Futures Labs 44,810 - - - - - 44,810

ISV One Council Implementation 1,873,610 - - - - - 1,873,610

ISV Computer Upgrades & Replacement 165,210 - - - - - 165,210

Snap Send Solve Software 18,940 - - - - - 18,940

Computing 3,077,640 - - - - - 3,077,640

Office Furniture, Fittings and Equipment


Ballajura Library 20,000 - - - - - 20,000

Beechboro Library 20,000 - - - - - 20,000

Bullsbrook Library 20,000 - - - - - 20,000

Ellenbrook District Open Space 8,200 - - - - - 8,200

Ellenbrook Library 20,000 - - - - - 20,000

Guildford Library 5,000 - - - - - 5,000

Midland Library 20,000 - - - - - 20,000

Midland Sports Complex 13,000 - - - - - 13,000

Swan Active Ballajura 40,500 - - - - - 40,500

Swan Active Beechboro 82,400 - - - - - 82,400

Swan Active Midland 111,000 - - - - - 111,000

Office Furniture, Fittings and Equipment 410,100 - - - - - 410,100

TOTAL FUNDED CAPITAL WORKS 139,707,700 40,447,850 21,810,510 1,603,620 18,114,620 - 57,731,100

In-Kind Assets contributed by Developers

Road, Drainage and Footpaths

Urban Growth Corridor - Dayton 989,120 - - - - 989,120 -

Urban Growth Corridor - Caversham 2,896,010 - - - - 2,896,010 -

In-Kind Other - - - - - -

Road Works 8,000,000 - - - - 8,000,000 -

Cycleways/Footpaths 2,250,000 - - - - 2,250,000 -

Stormwater Drainage 2,500,000 - - - - 2,500,000 -

Road, Drainage and Footpaths 16,635,130 - - - - 16,635,130 -

Recreation/Parks

In-Kind Other - - - - - -

Recreational Assets - Others 1,250,000 - - - - 1,250,000 -

Recreation/Parks 1,250,000 - - - - 1,250,000 -

In-Kind Assets contributed by Developers 17,885,130 - - - - 17,885,130 -

TOTAL CAPITAL WORKS PROGRAM 157,592,830 40,447,850 21,810,510 1,603,620 18,114,620 17,885,130 57,731,100

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2020/21


Total Capital Works by Category

New 79,227,490 25,794,520 14,078,870 456,000 17,944,620 - 20,953,480

Renewal 41,691,760 5,212,910 7,643,120 1,147,620 - - 27,688,110

Upgrade 18,788,450 9,440,420 88,520 - 170,000 - 9,089,510

New Gifted - In Kind Assets 17,885,130 - - - - 17,885,130 -

Total 157,592,830 40,447,850 21,810,510 1,603,620 18,114,620 17,885,130 57,731,100

Summary Capital Works by Asset Class

Land 3,412,640 3,412,640 - - - - -

Buildings 28,335,660 12,102,170 3,757,600 - 1,470,000 - 11,005,890

Drainage 5,270,890 2,240,890 - - - 2,500,000 530,000

Footpaths 6,170,890 1,736,890 200,000 - - 2,250,000 1,984,000

Parks and Reserves 25,964,110 11,657,450 2,866,940 - 1,170,480 1,250,000 9,019,240

Bridges 6,564,350 1,244,270 48,000 - 3,755,730 - 1,516,350

Roads 70,840,400 2,436,010 14,687,970 - 11,718,410 11,885,130 30,112,880

Vehicles 2,452,450 2,026,450 - 426,000 - - -

Plant and Equipment 5,093,700 3,591,080 250,000 1,177,620 - - 75,000

Computing 3,077,640 - - - - - 3,077,640

Office Furniture, Fittings and Equipment 410,100 - - - - - 410,100

Total 157,592,830 40,447,850 21,810,510 1,603,620 18,114,620 17,885,130 57,731,100

Summary Capital Works by Program

Governance 4,670,620 - - - - - 4,670,620

Law, Order & Public Safety 325,000 - 250,000 - - - 75,000

Education & Welfare 4,828,770 260,000 3,340,000 30,000 - - 1,198,770

Community Amenities 11,066,490 7,550,340 42,600 309,550 - 2,500,000 664,000

Recreation & Culture 41,040,070 19,239,720 1,921,510 - 1,170,000 2,239,110 16,469,730

Transport 86,966,730 8,757,620 14,935,970 - 15,474,140 13,146,020 34,652,980

Economic Services 3,800,000 1,009,090 1,320,430 - 1,470,480 - -

Other Property & Services 4,895,150 3,631,080 - 1,264,070 - - -

Total 157,592,830 40,447,850 21,810,510 1,603,620 18,114,620 17,885,130 57,731,100

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1 Significant Accounting Policies

The significant policies which have been adopted in the preparation of this budget are:

Land and Buildings $ -Furniture and Equipment 5,000.00$ Plant and Equipment 5,000.00$

Infrastructure 20,000.00$ Software 5,000.00$

Fixed Assets are reported at cost or Fair Value less, where applicable, any accumulated depreciation and impairment losses. For infrastructure and other asset classes where no active market exists, fair value is determined to be the current replacement cost of an asset less, where applicable, accumulated depreciation calculated on a basis to reflect the already consumed or expired future economic benefits.

As per Regulation 17A of the Local Government Act Assets with a fair value of less than $5,000 will be excluded from the capitalisation process and will be expensed through the Profit and Loss.

Where multiple individual low value assets are purchased together as part of a larger asset or collectively forming a larger assert exceeding the threshold, the individual assets are recognised as one asset and capitalised.

Initial Recognition and Measurement between Mandatory Revaluation DatesAll assets are initially recognised at cost and subsequently revalued in accordance with the mandatory measurement framework.

In relation to this initial measurement, cost is determined as the fair value of the assets given as consideration 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 fixed assets constructed by the City includes the cost of all materials used in construction, direct labour on the project and an appropriate proportion of variable and fixed overheads.

Individual assets acquired between initial recognition and the next revaluation of the asset class in accordance with the mandatory measurement framework, are carried at cost less accumulated depreciation as management believes this approximates fair value. They will be subject to subsequent revaluation at the next anniversary date in accordance with the mandatory measurement framework.

Revaluation

Increases in the carrying amount arising on revaluation of assets are credited to a revaluation surplus in equity. Decreases that offset previous increases of the same asset class are recognised against revaluation surplus in equity. All other decreases are recognised in profit or loss.The fair value of fixed assets is determined at least every three years and no more than five years in accordance wit