Between River and Sea
TOWN OF BUDGET MOSMAN PARK 2016/2017
1
Mayor’s Message It is with pleasure that I present to you the Town of Mosman Park Budget for the 2016/17 financial year. In the previous year, once we emerged from the threat of forced amalgamation with our neighbouring Councils, we set about cutting costs, finding efficiencies and using those funds to upgrade our infrastructure. In 2015-2016 Council identified significant savings of $500,000 through prudent financial management in both operational and capital expenditure, with the majority of these savings directed to the Infrastructure Reserve. The 2016/17 balanced budget aims to build on the Town’s strong position of financial management and deliver a soundly constructed balance of new and improved assets, provide a comprehensive suite of important community services and facilities, whilst at the same time, maintaining our reserve funds for future needs.
Continued responsible financial management is the key objective of the Town’s financial planning and annual budget process, so as to ensure our ongoing financial sustainability. To be sustainable, we need to take a long term view by measured current spending against revenue sources to fund that spending. Council has this year maintained the average percentage increase in rates to 3.4%. This modest increase is required to ensure the provision of high quality services to our residents, as well as maintaining Council assets on their behalf, delivering excellent reserves and parks while maintaining streetscapes to the high standard that our residents expect. The average waste collection charge will only increase marginally from $313 to $317, which is an excellent result meaning we are able to deliver this essential service to households with a minimal year-on-year increase. Our successful application for grant funding to deliver innovations in waste management through the recent ‘bin tagging’ program has resulted in greater levels of compliance with recycling which, in turn, will yield less landfill and lower waste management costs.
We have delivered important road renewal works in Palmerston, Victoria and Albert Streets. In this Budget, upgrades are planned for facilities at Nash Field and at the Margaret Baldwin Centre. We are also creating Master Plans for both Buckland Hill and Monument Hill, with some exciting ideas in the mix for connecting these spaces. The new financial year should also see the end to a long term planning project - Local Planning Scheme No. 3. The final draft has been forwarded to the Western Australian Planning Commission for final adoption by the Minister for Planning, which is expected to occur early in the financial year. This will lay the foundation for future planning and should provide redevelopment opportunities in the Town. This year we have commenced a positive collaboration between ourselves and the City of Fremantle to help preserve our Indian Ocean beachfront. Our responsibilities for the maintenance of our heritage listed buildings and civic facilities have been delivered thanks to streamlined new arrangements in building management and preservation that are already yielding excellent results.
These works are being delivered through the diligence and dedication of our hard-working Depot Crew at the same time that important services are being delivered in ranger services, building, planning and environmental health. Our community is thriving through targeted and well-patronised services and events for all ages and abilities, including youth, families and seniors; while The Grove Library and community centres continue to provide resources, program and spaces for all members of the community.
I wish to thank the team, both Councillors and staff, for their efforts in developing the 2016/17 Budget which I believe will serve the Town well into the future.
Ron Norris Mayor TOWN OF MOSMAN PARK 2016/2017 BUDGET
INDEX
Section Page 2016/17 Budget Report 1-15
Financial Statements
Budget – Cover Page 16 Statement of Comprehensive Income by Nature and Type 17 Statement of Comprehensive Income by Program 18 Statement of Cash Flows 19 Rate Setting Statement 20
Notes to Financial Statements
1 Significant Accounting Policies 21-33 2 Revenue & Expenses 34-35 3 Acquisition of Assets 36 4 Disposal of Assets 37-38 5 Information on Borrowings 39-40 6 Reserves 41-43 7 Net Current Assets 44 8 Rating Information 45 9 Specified Area Rate 46 10 Service Charges 46 11 Fees & Charges Revenue 46 12 Discounts, Incentives, Concessions & Write Offs 46 13 Interest Charges and Instalments 47 14 Councillors’ Remuneration 47 15 Notes to the Cash Flow Statement 48-49 16 Trust Funds 50 17 Major Land Transactions 51 18 Trading Undertakings and Major Trading Undertakings 51 19 Joint Ventures 51 19 Investment in WMRC 52
Program Schedules 2 to 14 53-68
Capital and Non Recurrent Budget 69-72
Schedule of Fees and Charges 73-83
Town of Mosman Park 2016/17 Budget Report
I have pleasure in presenting the 2016/17 balanced Budget totaling $14.2m which aims to build on the Town’s financial management position and deliver a soundly constructed balance of new and improved assets, provide a comprehensive suite of important community services and facilities, whilst maintaining our reserve funds.
This year’s Budget has been formulated in accordance with Council’s Corporate Business and Long Term Financial Plans with a rate increase of 3.4%. This increase ensures that the Town’s operational expenses are met in addition to allocating additional funds to the Capital Works Program for renewal of Buildings and Infrastructure Assets within the Town and maintaining the balance of the Infrastructure Reserve.
The Town’s 2016/17 budget will continue to provide a wide range of services and activities benefiting our community, including but not limited to:
• Major events in the Town, such as civic receptions, citizenship ceremonies, Australia Day and ANZAC Day and the Mosman Park Community Fair. • Allocations for donations, sponsorships and contributions to support local groups across the Town. • Specific community, senior and youth activities, programs and events by our Community Development team. • Commitment to funds to many community and recreation services such as the library, recreation facilities, parks and gardens, recreation ovals, skate parks, halls, cultural centers and BBQs. • Commitment to community safety programs and activities • Continued commitment to disability services • Significant investment in the Monument Hill Project with the provision of funding for the design of a master plan for the area, including community consultation.
The capital works program shows a significant increase from the previous year. This is mainly due to increases in building renewal, parks renewal and environment construction.
2015/16 2016/17 CAPITAL BUDGET BUDGET VARIANCE
Building Renewal 294,000 504,200 210,200 Footpath Construction 28,818 72,282 43,464 Drainage/ other construction 162,585 245,557 82,972 Parks Renewal 35,000 328,248 293,248 Environment Renewal 95,437 198,385 102,948 Roads Renewal 260,466 239,708 - 20,758 $ 876,306 $ 1,588,380 $ 712,074
1 Capital Expenditure
The following table provides a breakdown of the combination of funding sources used to fund the capital works program for 2016/17:
TOWN OF MOSMAN PARK CAPITAL BUDGET Funding Source SUMMARY Total Construction Municipal Reserve Govt Other Capital Fund Funds Grants Trade CONSTRUCTION
Building Renewal $504,200 $504,200 $439,200 $65,000 $0 $0 Footpath Construction $72,282 $72,282 $72,282 Other Construction $245,557 $245,557 $177,833 $67,724 $0 $0 Parks Renewal $328,248 $328,248 $12,000 $316,248 $0 $0 Environment Renewal $198,385 $198,385 $165,865 $13,520 $19,000 $0 Road Renewal $239,708 $239,708 $10,715 $194,688 $34,305 $0
SUB-TOTAL $1,588,380 $1,588,380 $877,895 $657,180 $53,305 $0
Building renewal includes: • $110k for proposed works at the David Jones Pavilion • $65k for the upgrade of kitchen, change room and toilet facilities fit out at the Nash Field pavilion • $115k for works to the Bowling Club, including decommissioning the existing bar and replace with a new bar and fixtures and fittings.
Footpath construction includes: • $41k for McCabe St footpath. • $21k for Mann Oval footpath
Other construction and asset management activities include: • $73k for river walls and jetties • $57k for drainage data collection
Parks renewal includes: • $36k for installation of 4 BBQs. • $55k for new exercise equipment in selected parks. • $67k relining of cooling ponds at Minim Cove
Environment renewal includes • works at Bay View Park, Buckland Hill, Chidley Point Reserve, Garangup Park, Mosman Beach, Minim Cove Reserve and Point Roe Park and Monument Hill
Road Preservation includes • works at Healing Lane, Lochee St, Owston St, lighting of the Mosman Park Bowling Club car park and upgrade at shopping hubs (Wellington St and Glyde St.)
2 Debt Servicing
The following table provides a breakdown of the total debt service commitment for 2016/17. An amount of $638,065 that is the direct responsibility of Council. The remainder of the commitment, totalling $19,346 is fully funded by self-supporting loans.
Council is ultimately responsible for the total loan portfolio, and will need to meet any repayments if any association that has a self-supporting loan defaults on the repayments. All self-supporting loans are to associations that are resident within Mosman Park and are domiciled in premises that are leased from the Council.
TOWN OF MOSMAN PARK DEBT SERVICE PROGRAMME ESTIMATED ANNUAL REPAYMENTS BUDGET 2016/17
REPAYMENTS LOAN % PURPOSE PRINCIPAL NEW INTEREST PRINCIPAL TOTAL PRINCIPAL NO Rate O/S LOANS O/S 01-Jul-16 RAISED 30-Jun-17
RECREATION
71 5.50% Golf Club 0 0 0 0 0 0 73 6.10% Library Redevelopment 5,228,111 0 392,766 152,277 545,043 5,075,834 74 4.60% Swan Canoe Club 94,175 0 4,695 14,651 19,346 79,524 75 4.41% Alf Adams 311,019 0 15,535 13,708 29,243 297,311 78 4.37% David Jones 103,574 0 5,132 4,580 9,712 98,994 79 4.60% Memorial Hall 394,120 0 19,850 16,233 36,083 377,887 81 5.23% Depot 128,384 0 7,379 4,550 11,929 123,834 82 5.23% David Jones 76,436 0 3,104 2,951 6,055 73,485
Sub Totals 6,335,819 0 448,461 208,950 657,411 6,126,869
TOTAL 6,335,819 0 448,461 208,950 657,411 6,126,869
COUNCIL FUNDED 6,241,644 0 443,766 194,299 638,065 6,047,345 SERVICE CHARGE 0 0 0 0 0 0 SELF SUPPORTING 94,175 0 4,695 14,651 19,346 79,524
TOTAL 6,335,819 0 448,461 208,950 657,411 6,126,869
Total 6,335,819 0 448,461 208,950 657,411 6,126,869
3 Reserves
The balance of current reserves is expected to decrease slightly in 2016/17 as funds are allocated to fund infrastructure projects. The budget allows for $1.031m to be transferred to reserves, plus $58k in interest earnings. $1.164m is to be drawn from reserves, the majority allocated to capital projects.
The projected Reserve Fund movements include provision for transfers to various Council Reserve funds including:
• $160k to the Plant Reserve to ensure there are sufficient funds available for the renewal of the Town’s plant. • $755k to the Infrastructure Reserve to ensure there are sufficient funds for the renewal of the Town’s infrastructure. • $100k to the Legal Contingency Reserve to ensure sufficient funds are available to draw from should legal expenses exceed those provided for within the normal operating expenses contained within the budget. • $2k to the Computer Reserve. This will enable the Council to maintain sufficient funds in the reserve in the event that the leasing arrangements for computer hardware become uncompetitive and the Council reverts to purchasing computer equipment. • $5k to the Court Resurfacing Reserve. • $10k to the Sewer Reserve. • $83k to fund maintenance and monitoring Lyell Park
The following table provides a breakdown of the projected Reserve Fund movements for 2016/17.
Reserve Balance Interest Transfer Transfer Balance 1-Jul-16 2.80% in out 30-Jun-17
Plant $ 416,509 $ 11,662 $ 160,000 $ (424,000) $ 164,171 Computer $ 57,819 $ 1,619 $ 2,000 $ - $ 61,438 Legal $ 24,273 $ 680 $ 100,000 $ - $ 124,953 Infrastructure $ 1,037,122 $ 29,039 $ 754,660 $ (657,117) $ 1,163,704 Sewer $ 24,450 $ 685 $ 10,000 $ - $ 35,135 Court Surfaces $ 40,159 $ 1,124 $ 5,000 $ - $ 46,283 Public Art $ 39,838 $ 1,115 $ - $ - $ 40,953 Insurance $ 63,183 $ 1,769 $ - $ - $ 64,952 Mt Lyell Containment $ 371,576 $ 10,404 $ - $ (83,260) $ 298,720 LG Reform $ - $ - $ - $ - $ - $ 2,074,929 $ 58,097 $ 1,031,660 $ (1,164,377) $ 2,000,309
4 Salaries & Wages
Salaries and wages form a large component of the Town’s budget and are constantly scrutinised by Council, management and the community. The Town has budgeted for a minimal overall increase in employee costs of only 1%.
Salaries 2015/16 2016/17 Variance
Budget expenditure 3,969,926 3,994,176 $ 24,250
The impact of salary increases is demonstrated below.
5 Expenditure Variations
To assist with the analysis of the Budget in comparison to the 2015/16 Financial Year a summation of Budget allocations appears below: Elected Members
Conference expenses has stayed the same at $17,500 to enable Elected Members to attend relevant conferences. An additional amount of $12,600 has been included for Councillor’s to attend training courses.
The maximum amounts for member allowances have not changed from last year. The Mayoral and Deputy Mayor allowance is calculated as a percentage of the previous year’s operating revenue.
Allowances Mayor Deputy Mayor Five Councillors Total Sitting Fee $24,720 $15,965 $ 15,965 each $120,510 Mayoral allowance $21,879 $ 5,470 $ 27,349 ICT $ 3,500 $ 3,500 $ 3,500 each $ 24,500 Total $50,327 $24,992 $ 19,465 each $172,644
Governance
Governance and administration costs are combined to comply with Australian Accounting Standards. $61,154 is included for public relations expenses and is comprised of the production of the Town News, Community Calendar, Council advertising and the undertaking of community engagement.
Family & Children’s Services
The funding for The Aged Person Support Service Community Care has increased slightly from $76,516 in 2015/16, to $78,432 in 2016/17.
Town Planning and Development
$150,000 has been included for the finalisation of the preparation of a Structure Plan that will provide a high level framework for development for the Glyde St/Stuart St precinct.
$50,000 has been included for planning consultant services to assist with the increase in planning appeals.
Other Recreation and Sport
The Town has budgeted for a minimal increase in parks maintenance costs. These costs are spread over the whole program and include wages, plant operation and contractual costs.
Parks Maintenance 2015/16 2016/17 Variance Budget expenditure 1,769,993 1,797,579 $ 27,586
A provision of $58,000 has been included for Council’s contribution towards the redevelopment of the skate bowl within Tom Perrott Reserve Skate Park. $37,000 has been included for the design and community consultation for the Monument Hill project.
6 Departmental Expenditure Breakdowns
Community Development
Funding for Community Development is in line with Council’s Community Strategic Plan as well as the demand and expectations of the community. The funding for Community Development projects is distributed throughout the Budget and some of the major projects are listed below. The majority of these projects have now been in place for some time but are continually reviewed for improvement by the Community Development team to ensure they represent best practice and meet community needs.
Community Development 2015/16 2016/17 Variance Budget expenditure 187,986 218,918 $30,932
The community involvement and interaction that occur at these events foster a positive image of the Council and build on the social fabric of the community, enhancing Mosman Park as a desirable place to live. Community Safety $5,500 has been allocated for the purpose of providing Community Safety programs and initiatives with $500 of it being funded by grants. Community Development Funding Program Funding totalling $12,500 has been included for the purpose of encouraging community based organisations and groups to undertake innovative and original services and projects to enhance the development of the Mosman Park community.
Seniors Programs Expenditure of $4,000 has been budgeted to help ensure the continued participation of seniors in the community. Neighbourhood Projects
Due to the overwhelming popularity and success of the recent Neighbourhood BBQ series, support for this program, neighbourhood street get-togethers has been allocated $7,500 this year. Community Fair
The Mosman Park Community Fair has been allocated a sum of $40,919. This year, one major picnic is planned to be held at Mann Oval in the extremely popular festival format which caters for a wide range of ages and is always well attended by the local community. The event offers families an opportunity to enjoy local parks and enhance community connectedness.
Junior Scholarships and Grants
An allocation of $4,000 has been included to provide financial assistance to individuals in recognition of excellence in cultural and community development activities.
7 The purpose of the fund is designed to offer travel assistance to individuals under the age of 18 years to represent the state or nation in interstate or overseas events, programs or competitions. Applicants may be granted $750 towards travel expenses.
Youth Programs
Council continues to provide a number of programs for young people in the community through the Youth Advisory Council. The following amounts have been included: • Youth Programs $18,850 • YACtivate youth conferences $14,000
The support for the Youth Advisory Council provided the catalyst for successful projects such as skateboard workshops and National Youth Week celebrations and the 2017 YACtivate conference. Grants income of $9,500 will offset these expenses.
Disability Services & Programs $32,000 has been allocated to Council to implement programs from the Town’s 2011- 2016 Disability Access Inclusion Plan.
Art Awards/Cultural Projects
Council has allocated $8,000 towards public art installation and local history projects. Art Collection Funding of $4,000 has been included for the maintenance of Council's Art Collection and archival records pertaining to the collection.
Health Sport and Recreation Projects There are a number of projects to promote healthy lifestyles and recreation opportunities within Mosman Park. A total of $29,500 has been allocated for this purpose which includes • Sport and Recreation Master Plan $20,000 • Walking and cycling promotions $ 2,500 • General health promotion $ 1,000
$26,000 is provided for the co-funded Club Development Officer of which $15,000 is to be grant funded and a further $5,000 income from other participating Councils.
Volunteers Function
Recognising volunteers and the contribution that they make to our local community continues to be a priority of Council. An amount of $10,000 has been allocated to host the annual volunteers’ function that is hosted in October each year. Australia Day and ANZAC Day Functions
Council has allocated $8,500 for Australia Day and $9,651 for ANZAC day celebrations. The allocation for Australia Day also funds citizenship ceremonies for permanent residents living in Mosman Park
8 Waste Management
The Town has budgeted for a minimal increase in waste management costs. Waste Management 2015/16 2016/17 Variance Budget expenditure 1,542,057 1,580,532 $ 38,475
A charge of $317pa for the rubbish collection, recycling and bulk pick-ups applies to all rateable properties. This is a $4 increase from last financial year. The bin charge of $317 is separate from the rates and appears as an individual line item on the rates notice. Other waste fees include • Additional domestic bin - $382 (gst excl.) • Non-rateable users - $425 (gst excl.)
Building Maintenance
The Town has budgeted for a small increase in building maintenance costs. The costs are associated with the maintenance program prepared for the upkeep of the Town’s buildings and these works are detailed in the job costings below.
Building Maintenance 2015/16 2016/17 Variance Budget expenditure 328,571 341,038 $ 12,467
9 Building Preservation
The Town has budgeted for a significant increase in building preservation expenditure. The costs are associated with the continued upgrade and improvement to the Town’s buildings and these are detailed in the job costing below.
Building Maintenance 2015/16 2016/17 Variance Budget expenditure 294,000 504,200 $210,200
Job Description Number Total Costs
BP0001 Administration Centre $ 47,000 BP0002 Alf Adams Pavilion $ - BP0003 Chidley Point Toilets $ - BP0004 Child Health Clinic $ - BP0005 David Jones Pavilion $ 110,000 BP0006 Depot Building $ - BP0007 Jabe Dodd Toilets $ - BP0008 Margaret Baldwin Centre $ 28,000 BP0009 Memorial Hall $ 69,200 BP0010 Minim Cove Toilets $ - BP0011 Nash Field Pavilion $ 65,000 BP0012 Pre School Centre $ 7,000 BP0014 Golf Club $ 18,000 BP0015 Golf Club Residence $ 18,000 BP0016 Bowling Club $ 115,000 BP0017 Minim Cove Tennis Courts $ 4,000 BP0021 Men's Shed $ - BP0022 Leighton Battery $ 23,000 BP0023 Buckland Hill Tennis Courts $ -
TOTAL $ 504,200
10 Technical Services
The Technical Services Capital Works budget for 2016/17 provides for projects to satisfy the adopted asset management programs. The projects are divided into areas of footpaths, other construction, environment, parks and works which includes resurfacing, road construction and traffic management.
Footpath Construction
The Town has budgeted for an increase in footpaths construction. The costs are associated with the continued upgrade and improvement to the Town’s Footpaths and these are detailed in the job-costing below.
Footpath Construction 2015/16 2016/17 Variance Budget expenditure 28,818 72,282 $43,464
The Footpath Construction program includes the following :
JOB No DESCRIPTION COSTS FOOTPATH CONSTRUCTION FC0002 McCabe Street Footpath - Rocky Bay $ 41,380 FC0001 Mann oval Footpath $ 21,648 FC00 Colonial Gardens Decking $ 9,254
TOTAL $ 72,282
Other Construction
The Town has budgeted for an increase in other construction. The costs are associated with the continued upgrade and improvement to the Town’s river walls, jetties and drainage network, and these are detailed in the job-costing below.
Other Construction 2015/16 2016/17 Variance Budget expenditure 162,585 245,557 $82,972
The Other Construction program includes the following:
JOB No DESCRIPTION COSTS OTHER CONSTRUCTION OC0003 River Walls and Jetties $ 73,605 OC0008 Johnston Street Boat Ramp - Design $ 16,211 OC0008 Johnston Street Boat Ramp - Dredging $ 67,724 OC0010 Sump Rationalisation $ 19,000 OC0011 Dinghy Storage and Management $ 11,267 Capture entire drainage network. $ 57,750
TOTAL $ 245,557
11 Environment Construction
The Town has budgeted for a significant increase in environment construction. The costs are associated with the continued upgrade and improvement to the Town’s Environment construction program, and these are detailed in the job-costing below.
Other Construction 2015/16 2016/17 Variance Budget expenditure 95,437 198,385 $102,948
The environment construction program includes the following:
JOB No DESCRIPTION COSTS Environment Construction EC0002 BAY VIEW PARK $ 12,730 EC0005 BUCKLAND HILL $ 25,290 EC0006 CHIDLEY POINT RESERVE $ 34,260 EC0011 GARANGUP PARK $ 34,185 EC0021 MOSMAN BEACH $ 44,900 EC0024 MINIM COVE PARK UPGRADE $ 13,760 EC0033 POINT ROE PARK $ 19,740 EC00XX MONUMENT HILL $ 13,520
TOTAL $ 198,385
Parks Construction
The Town has budgeted for a significant increase in parks construction. The costs are associated with the continued upgrade and improvement to the Town’s parks program, and these are detailed in the job costing below.
Other Construction 2015/16 2016/17 Variance Budget expenditure 35,000 328,248 $293,248
The Parks Construction Program includes the following:
JOB No DESCRIPTION COSTS PARKS CONSTRUCTION GC0011 GARUNGUP PARK - fence rewiring $ 12,000 GC0002 Drinking Fountain upgrades $ 17,885 GC0014 Memorial Pine Trees - Maintenance $ 9,050 GC0022 Priority Parks BBQ replacement $ 36,898 GC00 NEW EXERCISE EQUIPMENT $ 54,682 GC00 Street Tree Inventory - Stage 1 $ 11,000 GC00 Dragon Fly Maintenance $ 10,500 GC00 Play ground Replacement - Brown Park $ 50,000 GC00 MINIM COVE COOLING PONDS - RELINING $ 67,000 GC00 MOSMAN BEACH OCEAN POOL CONCEPT $ 5,000 GC00 RETICULATION UPGRADES $ 24,938 GC00 TOM PERROTT OVAL LIGHTING DESIGN $ 4,800 GC00 MT LYALL GAZEBO RENEWAL $ 6,495 GC00 FINAL 3 FLOW METRES $ 18,000
TOTAL $ 328,248
12 Works Preservation
The Town has budgeted for a slight decrease in works construction. The costs are associated with the continued upgrade and improvement to the Town’s Road Works program, and these are detailed in the job costing below.
Other Construction 2015/16 2016/17 Variance Budget expenditure 260,466 239,708 -$20,758
The works preservation program includes the following:
JOB No DESCRIPTION COSTS WORKS PRESERVATION RP00 Healing Lane $ 34,305 RP00 Lochee St - Monument to Solomon $ 72,436 RP00 OWSTON STREET BVT to WELLINGTON $ 91,451 RP00 CAR-PARK PRESERVATION - BOWLS LIGHTING $ 25,951 RP00 STREET LIGHTING UPGRADES - LANEWAY DESIGN $ 4,850 RP00 Upgrade at Shopping Hubs-Wellington st and Gylde $ 10,715
TOTAL $ 239,708
Mark Goodlet CHIEF EXECUTIVE OFFICER
13 TOWN OF MOSMAN PARK ADOPTION OF THE 2016/17 BUDGET
It was carried by an absolute majority of Council at the Ordinary Council meeting held on 26 July 2016 that the following schedule of rates and charges for the year ending 30 June 2017 be adopted.
General rate: 5.7732 cents in the dollar of Gross Rental Values. Minimum rate: $870 per assessment.
Rubbish Charge
A charge of $317 per annum (no GST applies) for a rubbish service to all rateable properties applies.
A charge of $382 per annum (plus GST) for additional rubbish service to rateable properties and a charge of $425 per annum (plus GST) for each service provided to non-rateable properties.
Administration
Charge for instalments: $21.00 per instalment plan.
Interest rate for instalments: A daily interest rate on each instalment after the first instalment of 0.015% from the due date.
Interest rate on overdue rates:
A rate of 11% per annum calculated on a daily interest rate of 0.03% will be charged on amounts that are not paid by the due date until the day before the payment is made. In the case where a ratepayer has elected to make payments by instalments the penalty interest will be charged on the instalments, which remain unpaid after they are due and payable.
Instalment Options and Due Dates:
(a) Prompt payment in full with no interest charge or administration fee, if paid by 30 September 2016
(b) Payment by four instalments incurring an administration fee of $21.00 and daily interest on each instalment after the first instalment at 0.015% calculated from the due date of the first instalment.
Due dates: Prompt payment in full by 30 September 2016 or by instalments as follows:
1st instalment 30 September 2016 2nd instalment 30 November 2016 3rd instalment 31 January 2017 4th instalment 31 March 2017
14 Adopt the Consolidated Budget and Trust Account Budget for the year ended 30 June 2017.
Endorse the schedule of fees and charges as adopted by Council at the June 2016 Ordinary Council Meeting and contained within the Budget for the 2016/17 financial year as additional information to the budget documents.
Endorse, in accordance with Regulation 34(5) of the Local Government (Financial Management) Regulations 1996, 10% or $5,000 as the threshold for reporting material variances for the 2016/17 financial year as adopted by Council at the June 2016 Ordinary Council Meeting.
Adopt the method of Annual Attendance Fees in lieu of Council Meeting and Committee Meeting Attendance Fees in accordance with section 5.98(1) of the Local Government Act 1995 and apply the maximum amounts of $15,965 for Councillors and $24,720 for the Mayor.
Adopt the annual allowance for the Mayor of 0.2 percent of the local governments operating revenue for the previous year or the maximum allowed of $35,000 whichever is the lesser in accordance with section 5.98(5) of the Local Government Act 1995.
Adopt an annual allowance of 25% of that of the Mayor for the Deputy Mayor in accordance with section 5.98A(1) of the Local Government Act 1995.
Adopt the maximum amount of $3,500 allowed under section 5.99A of the Local Government Act 1995 for the annual allowances in lieu of reimbursement expenses for Information and Computer Technology.
Endorse the amount of $78,432 as the approved budget for SHINE (TAPSS) aged care through the Combined Councils Committee.
Endorse the amount of $687,341 as the approved budget funding for the Grove Library as resolved by the Library Management Committee.
15 TOWN OF MOSMAN PARK
BUDGET
FOR THE YEAR ENDED 30TH JUNE 2017
16 TOWN OF MOSMAN PARK STATEMENT OF COMPREHENSIVE INCOME BY NATURE OR TYPE FOR THE YEAR ENDED 30TH JUNE 2017
NOTE 2016/17 2015/16 2015/16 Budget Actual Budget $$$ REVENUES FROM ORDINARY ACTIVITIES Rates 8 8,625,722 8,304,394 8,255,981 Operating Grants and Subsidies 382,800 264,867 209,244 Contributions and Donations 79,373 271,001 125,383 Service Charges 10 - - - Fees and Charges 11 2,086,064 2,104,909 2,039,065 Interest Earnings 2(a) 264,868 253,220 220,750 Other Revenue 21,000 22,400 25,600 11,459,827 11,220,791 10,876,023
EXPENSES FROM ORDINARY ACTIVITIES Employee Costs (4,009,254) (3,991,613) (3,969,926) Materials and Contracts (5,509,267) (4,779,373) (4,784,729) Utilities (320,379) (304,840) (325,528) Depreciation 2(a) (1,180,476) (1,172,237) (1,224,529) Interest Expenses 2(a) (448,461) (462,349) (463,766) Insurance (260,261) (262,382) (266,250) Other Expenditure - - - (11,728,098) (10,972,795) (11,034,728) (268,271) 247,996 (158,705)
Grants and Subsidies - non-operating 37,410 272,823 78,441 Profit on Asset Disposals 4 41,976 55,719 63,307 Loss on Asset Disposals 4 (3,477) (8,157) (17,338) Changes in Equity - Joint Venture - - - - -
NET RESULT (192,362) 568,381 (34,295) Other Comprehensive Income Changes on Revaluation of non-current assets - Total Other Comprehensive Income - - -
TOTAL COMPREHENSIVE INCOME (192,362) 568,381 (34,295)
Notes: All fair value adjustments relating to re-measurement of financial assets at fair value through profit or loss and (if any) changes on revaluation of non-current 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 re-measurement of financial assets at fair value through profit or loss will be asessed 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.
Fair value adjustments will be assessed at the time they occur with compensating budget amendments made as necessary.
This statement is to be read in conjunction with the accompanying notes.
17 TOWN OF MOSMAN PARK STATEMENT OF COMPREHENSIVE INCOME BY PROGRAM FOR THE YEAR ENDED 30TH JUNE 2017
2016/17 2015/16 2015/16 Budget Actual Budget REVENUES (Refer Notes 1, 2 & 8 to 13) $ $ $ Governance 52,300 108,811 56,000 General Purpose Funding 9,199,391 8,716,562 8,638,927 Law, Order, Public Safety 25,150 29,830 27,200 Health 17,000 17,538 19,000 Education and Welfare 27,900 37,676 29,773 Community Amenities 1,797,358 1,883,759 1,790,815 Recreation and Culture 139,288 222,680 101,609 Transport 58,740 47,539 90,199 Economic Services 136,900 149,477 120,500 Other Property and Services 5,800 6,919 2,000 11,459,827 11,220,791 10,876,023 EXPENSES (Refer Notes 1, 2 & 14) EXCLUDING FINANCE COSTS Governance (1,065,171) (1,033,767) (1,013,517) General Purpose Funding (267,822) (209,642) (207,154) Law, Order, Public Safety (183,890) (171,102) (186,720) Health (131,020) (77,183) (102,865) Education and Welfare (220,078) (190,737) (192,425) Community Amenities (2,495,098) (2,328,359) (2,303,571) Recreation & Culture (3,773,077) (3,626,581) (3,700,932) Transport (2,670,633) (2,436,407) (2,554,980) Economic Services (439,700) (434,561) (308,798) Other Property and Services (33,148) (2,106) - (11,279,637) (10,510,446) (10,570,962) FINANCE COSTS (Refer Notes 2 & 5) Recreation & Culture (441,082) (454,714) (456,091) Transport (7,379) (7,635) (7,675) (448,461) (462,349) (463,766) NON-OPERATING GRANTS, SUBSIDIES AND CONTRIBUTIONS Recreation - 3,932 - Transport 37,410 268,891 78,441 37,410 272,823 78,441 PROFIT/(LOSS) ON DISPOSAL OF ASSETS (Refer Note 4) Profit on sale of Assets 41,976 55,719 63,307 Loss on sale of assets (3,477) (8,157) (17,338) 38,499 47,562 45,969
Governance Change in Equity - LG House Trust 16 - - - Community Amenities Change in Equity - Joint Venture 16 - - -
NET RESULT (192,362) 568,381 (34,295)
TOTAL COMPREHENSIVE INCOME (192,362) 568,381 (34,295)
Notes: These statements are to be read in conjunction with the notes shown in the Statement of Comprehensive Income, by Nature and Type, on previous page.
18 TOWN OF MOSMAN PARK STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30TH JUNE 2017
NOTE 2016/17 2015/16 2015/16 Budget Actual Budget Cash Flows From Operating Activities $ $ $ Receipts Rates 8,831,086 8,187,297 8,324,993 Grants and Subsidies - operating 382,800 264,867 209,244 Contributions, Reimbursements & Donations 68,430 304,112 192,228 Fees and Charges 2,196,189 2,002,989 2,011,421 Interest Earnings 264,868 253,220 220,750 Goods and Services Tax - - - Other - - - 11,743,374 11,012,485 10,958,636 Payments Employee Costs (3,916,593) (4,091,016) (3,903,215) Materials and Contracts (5,409,380) (4,625,798) (4,727,297) Utilities (gas, electricity, water, etc) (320,379) (304,840) (325,528) Insurance (260,261) (262,382) (266,250) Interest (448,461) (462,349) (463,766) Goods and Services Tax - - - Other - - - (10,355,074) (9,746,385) (9,686,056) Net Cash Provided By Operating Activities 15(b) 1,388,300 1,266,099 1,272,580
Cash Flows from Investing Activities Payments for Development of Land Held for Resale 3 - - - Payments for Purchase of Property, Plant & Equipment 3 (1,214,800) (329,938) (746,600) Payments for Construction of Infrastructure 3 (1,084,180) (278,504) (582,306) Advances to Community Groups Grants/Contributions for the Development of Assets 37,410 272,823 78,441 Proceeds from Sale of Plant & Equipment 4 271,500 93,291 213,000 Proceeds from Advances Net Cash Used in Investing Activities (1,990,070) (242,328) (1,037,465)
Cash Flows from Financing Activities Repayment of Debentures 5 (208,950) (196,386) (196,384) Increase/(Decrease) in Bonds Deposits - - - Proceeds from Self Supporting Loans 14,651 13,996 13,996 Proceeds from New Debentures 5 - - - Net Cash Provided By (Used In) Financing Activities (194,299) (182,389) (182,388)
Net Increase (Decrease) in Cash Held (796,069) 841,382 52,727 Cash at Beginning of Year 4,038,136 3,196,754 2,812,963 Cash and Cash Equivalents at the End of the Year 15(a) 3,242,067 4,038,136 2,865,690
This statement is to be read in conjunction with the accompanying notes.
19 TOWN OF MOSMAN PARK RATE SETTING STATEMENT FOR THE YEAR ENDED 30TH JUNE 2017
NOTE 2016/17 2015/16 2015/16 Budget Actual Budget REVENUES 1,2 $$$ Governance 52,300 108,811 56,000 General Purpose Funding 573,669 412,169 382,946 Law, Order, Public Safety 25,150 29,830 27,200 Health 17,000 17,538 19,000 Education and Welfare 27,900 37,676 29,773 Community Amenities 1,797,358 1,883,759 1,790,815 Recreation and Culture 139,288 226,612 101,609 Transport 138,126 372,149 231,947 Economic Services 136,900 149,477 120,500 Other Property and Services 5,800 6,919 2,000 2,913,491 3,244,940 2,761,790 EXPENSES 1,2 Governance (1,065,171) (1,033,767) (1,013,517) General Purpose Funding (267,822) (209,642) (207,154) Law, Order, Public Safety (183,890) (171,102) (186,720) Health (131,020) (77,183) (102,865) Education and Welfare (220,078) (190,737) (192,425) Community Amenities (2,495,098) (2,328,359) (2,303,571) Recreation & Culture (4,214,159) (4,081,295) (4,157,023) Transport (2,681,489) (2,452,200) (2,579,993) Economic Services (439,700) (434,561) (308,798) Other Property and Services (33,148) (2,106) - (11,731,575) (10,980,952) (11,052,066)
Net Operating Result Excluding Rates (8,818,084) (7,736,012) (8,290,276) Adjustments for Cash Budget Requirements: Non-Cash Expenditure and Revenue (Profit)/Loss on Asset Disposals 4 (38,499) (47,562) (45,969) Movement in Deferred Pensioner Rates (Non Current) - (12,323) - Movement in Employee Benefit Provisions (Non Current) - 4,828 - Depreciation on Assets 2(a) 1,180,476 1,172,237 1,224,529 Capital Expenditure and Revenue Purchase Land and Buildings 3 (504,200) (132,403) (294,000) Purchase Furniture and Equipment 3 - - - Purchase Plant and Equipment 3 (687,500) (197,535) (442,600) Purchase Computer Equipment 3 (23,100) - (10,000) Purchase Infrastructure Assets - Parks 3 (695,440) (136,584) (293,022) Purchase Infrastructure Assets - Roads 3 (239,708) (141,920) (260,466) Purchase Infrastructure Assets - Footpaths 3 (72,282) - (28,818) Purchase Infrastructure Assets - Drainage 3 (76,750) - - Proceeds from Disposal of Assets 4 271,500 93,291 213,000 Repayment of Debentures 5 (208,950) (196,386) (196,384) Proceeds from New Debentures 5 - - - Self Supporting Loan Payment - - - Self-Supporting Loan Principal Income 14,651 13,996 13,996 Transfers to Reserves (Restricted Assets) 6 (1,089,757) (946,712) (454,292) Transfers from Reserves (Restricted Assets) 6 1,164,377 317,913 315,265
ADD Estimated Surplus/(Deficit) July 1 B/Fwd 7 1,197,544 838,321 293,056 LESS Estimated Surplus/(Deficit) June 30 C/Fwd 7 0 1,197,544 -
Amount Required to be Raised from Rates 8 (8,625,722) (8,304,394) (8,255,981)
This statement is to be read in conjunction with the accompanying notes.
20 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
1. SIGNIFICANT ACCOUNTING POLICIES The significant accounting policies which have been adopted in the preparation of this financial report are presented below and have been consistently applied unless stated otherwise.
(a) Basis of Preparation The financial report is a general purpose financial report which has been prepared in accordance with Australian Accounting Standards (as they apply to local governments and not-for-profit entities), Australian Accounting Interpretations, other authoritative pronouncements of the Australian Accounting Standards Board, the local Government Act 1995 and accompanying regulations.
Except for cash flow and rate setting information, the report has also been prepared on the accrual basis and is based on historical costs, modified, where applicable, by the measurement at fair value of selected non-current assets, financial assets and liabilities.
Critical Accounting Estimates The preparation of a financial report in conformity with Australian Accounting Standards requires management to make judgements, estimates and assumptions that effect the application of policies and reported amounts of assets and liabilities, income and expenses.
The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances; the results of which form the basis of making the judgements about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates.
(b) The Local Government Reporting Entity All Funds through which the Council controls resources to carry on its functions have been included in the financial statements forming part of this financial report.
In the process of reporting on the local government as a single unit, all transactions and balances between those funds (for example, loans and transfers between Funds) have been eliminated.
All monies held in the Trust Fund are excluded from the financial statements. A separate statement of those monies appears at Note 16 to these financial statements.
(c) Goods and Services Tax Revenues, expenses and assets are recognised net of the amount of GST, except where the amount of GST incurred is not recoverable from the Australian Taxation Office (ATO).
Receivables and payables are stated inclusive of GST receivable or payable. The net amount of GST recoverable from, or payable to, the ATO, is included with receivables or payables in the statement of financial position.
Cash flows are presented on a gross basis. The GST components of cash flows arising from investing or financing activities which are recoverable from, or payable to, the ATO, are presented as operating cash flows.
(d) Cash and Cash Equivalents Cash and cash equivalents include cash on hand, cash at bank, deposits available on demand with banks, other short term highly liquid investments with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value and bank overdrafts.
Bank overdrafts are shown as short term borrowings in current liabilities in the statement of financial position.
21 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
1. SIGNIFICANT ACCOUNTING POLICIES (Continued) (e) Trade and Other Receivables Trade and other receivables include amounts due from ratepayers for unpaid rates and service charges and other amounts due from third parties for goods sold and services performed in the ordinary course of business.
Receivables expected to be collected within 12 months of the end of the reporting period are classified as current assets. All other receivables are classified as non-current assets.
Collectability of trade and other receivables is reviewed on an ongoing basis. Debts that are known to be uncollectable are written off when identified. An allowance for doubtful debts is raised when there is objective evidence that they will not be collectible.
(f) Inventories General Inventories are measured 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 cost of completion and the estimated costs necessary to make the sale.
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. Finance costs and holding charges incurred after development is complete are recognised as expenses.
Gains and losses are recognised in the statement of comprehensive income at the time of signing an unconditional contract of sale if significant risks and rewards, and effective control over the land, are passed on to the buyer at this point.
Land held for resale is classified as current except where it is held as non-current based on the Council's intentions to release for sale.
(g) Fixed Assets
Each class of fixed assets within either property, plant and equipment or infrastructure, is carried at cost or fair value as indicated less, where applicable, any accumulated depreciation and impairment losses.
Mandatory Requirement to Revalue Non-Current Assets Effective from 1 July 2012, the Local Government (Financial Management) Regulations were amended and the measurement of non-current assets at Fair Value became mandatory.
The amendments allow for a phasing in of fair value in relation to fixed assets over three years as follows: (a) for the financial year ending on 30 June 2013, the fair value of all of the assets of the local government that are plant and equipment; and (b) for the financial year ending on 30 June 2014, the fair value of all of the assets of the local government - (i) that are plant and equipment; and (ii) that are - (I) land and buildings; or- (II) Infrastructure; and (c) for a financial year ending on or after 30 June 2015, the fair value of all of the assets of the local government.
22 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
1. SIGNIFICANT ACCOUNTING POLICIES (Continued) (g) Fixed Assets (Continued) Mandatory Requirement to Revalue Non-Current Assets (Continued) Thereafter, in accordance with the regulations, each asset class must be revalued at least every 3 years.
In 2013, Council commenced the process of adopting Fair Value in accordance with the Regulations.
Relevant disclosures, in accordance with the requirements of Australian Accounting Standards, have been made in the financial report as necessary.
Land Under Control In accordance with Local Government (Financial Management) Regulation 16(a), the Council was required to include as an asset (by 30 June 2013), Crown Land operated by the local government as a golf course, showground, racecourse or other sporting or recreational facility of State or Regional significance.
Upon initial recognition, these assets were recorded at cost in accordance with AASB 116. They were then classified as Land and revalued along with other land in accordance with the other policies detailed in this Note.
Whilst they were initially recorded at cost, fair value at the date of acquisition was deemed cost as per AASB 116.
Consequently, these assets were initially recognised at cost but revalued along with other items of Land and Buildings at 30 June 2014.
Initial Recognition All assets are initially recognised at cost and subsequently revalued in accordance with the mandatory measurement framework detailed above.
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 non-current assets constructed by the Council 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 detailed above, 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 detailed above.
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 are recognised against revaluation surplus directly in equity. All other decreases are recognised in profit or loss.
Transitional Arrangement During the time it takes to transition the carrying value of non-current assets from the cost approach to the fair value approach, the Council may still be utilising both methods across differing asset classes.
Those assets carried at cost will be carried in accordance with the policy detailed in the Initial Recognition section as detailed above.
Those assets carried at fair value will be carried in accordance with the Revaluation Methodology section as detailed above.
23 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
1. SIGNIFICANT ACCOUNTING POLICIES (Continued) (g) Fixed Assets (Continued) Early Adoption of AASB 13 - Fair Value Measurement Whilst the new accounting standard in relation to Fair Value, AASB 13 – Fair Value Measurement only become applicable for the year ended 30 June 2014 (in relation to Council), given the legislative need to commence using Fair Value methodology in the previous reporting period (year ended 30 June 2013) the Council chose to early adopt AASB 13 (as allowed for in the standard).
As a consequence, the principles embodied in AASB 13 - Fair Value Measurement have been applied to the previous reporting period (year ended 30 June 2013).
Land under Roads In Western Australia, all land under roads is Crown Land, the responsibility for managing which, is vested in the local government.
Effective as at 1 July 2008, Council elected not to recognise any value for land under roads acquired on or before 30 June 2008. This accords with the treatment available in Australian Accounting Standard AASB 1051 Land Under Roads and the fact Local Government (Financial Management) Regulation 16(a)(i) prohibits local governments from recognising such land as an asset.
In respect of land under roads acquired on or after 1 July 2008, as detailed above, Local Government (Financial Management) Regulation 16(a)(i) prohibits local governments from recognising such land as an asset.
Whilst such treatment is inconsistent with the requirements of AASB 1051, Local Government (Financial Management) Regulation 4(2) provides, in the event of such an inconsistency, the Local Government (Financial Management) Regulations prevail.
Consequently, any land under roads acquired on or after 1 July 2008 is not included as an asset of the Council.
Depreciation The depreciable amount of all fixed assets including buildings but excluding freehold land, are depreciated on a straight-line basis over the individual asset’s useful life from the time the asset is held ready for use. Leasehold improvements are depreciated over the shorter of either the unexpired period of the lease or the estimated useful life of the improvements.
When an item of property, plant and equipment is revalued, any accumulated depreciation at the date of the revaluation is treated in one of the following ways: a) Restated proportionately with the change in the gross carrying amount of the asset so that the carrying amount of the asset after revaluation equals its revalued amount; or b) Eliminated against the gross carrying amount of the asset and the net amount restated to the revalued amount of the asset.
Major depreciation periods used for each class of depreciable asset are:
Buildings 35 to 50 years Office Furniture and Equipment 4 to 15 years Plant and Equipment Cars and Utilities 1 to 5 years Heavy Plant 4 to 7 years All others 1 to 5 years Computer facilities 3 to 6 years Tools & Other Equipment 1 to 5 years
24 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
1. SIGNIFICANT ACCOUNTING POLICIES (Continued) (g) Fixed Assets (Continued) Depreciation (continued) Infrastructure Assets Sealed roads and streets formation not depreciated pavement 50 years seal - bituminous seals 20 years - asphalt surfaces 25 years Footpaths 50 years Drainage 75 years Reserve Development 33 years The assets residual values and useful lives are reviewed, and adjusted if appropriate, at the end of each reporting period.
An asset's carrying amount is written down immediately to its recoverable amount if the asset's carrying amount is greater than its estimated recoverable amount.
Gains and losses on disposals are determined by comparing proceeds with the carrying amount. These gains and losses are included in the statement of comprehensive income in the period in which they arise.
When revalued assets are disposed of, amounts included in the revaluation surplus relating to that asset are transferred to retained surplus.
Capitalisation Threshold Expenditure on items of equipment under $2,000 is not capitalised. Rather, it is recorded on an asset inventory listing.
(h) Fair Value of Assets and Liabilities When performing a revaluation, the Council uses a mix of both independent and management valuations using the following as a guide:
Fair Value is the price that Council would receive to sell the asset or would have to pay to transfer a liability, in an orderly (i.e. unforced) transaction between independent, knowledgeable and willing market participants at the measurement date.
As fair value is a market-based measure, the closest equivalent observable market pricing information is used to determine fair value. Adjustments to market values may be made having regard to the characteristics of the specific asset. The fair values of assets that are not traded in an active market are determined using one or more valuation techniques. These valuation techniques maximise, to the extent possible, the use of observable market data.
To the extent possible, market information is extracted from either the principal market for the asset (i.e. the market with the greatest volume and level of activity for the asset or, in the absence of such a market, the most advantageous market available to the entity at the end of the reporting period (i.e. the market that maximises the receipts from the sale of the asset after taking into account transaction costs and transport costs).
For non-financial assets, the fair value measurement also takes into account a market participant’s ability to use the asset in its highest and best use or to sell it to another market participant that would use the asset in its highest and best use.
25 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
1. SIGNIFICANT ACCOUNTING POLICIES (Continued) (h) Fair Value of Assets and Liabilities (Continued) Fair Value Hierarchy AASB 13 requires the disclosure of fair value information by level of the fair value hierarchy, which categorises fair value measurement into one of three possible levels based on the lowest level that an input that is significant to the measurement can be categorised into as follows:
Level 1 Measurements based on quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date.
Level 2 Measurements based on inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly.
Level 3 Measurements based on unobservable inputs for the asset or liability.
The fair values of assets and liabilities that are not traded in an active market are determined using one or more valuation techniques. These valuation techniques maximise, to the extent possible, the use of observable market data. If all significant inputs required to measure fair value are observable, the asset or liability is included in Level 2. If one or more significant inputs are not based on observable market data, the asset or liability is included in Level 3.
Valuation techniques The Council selects a valuation technique that is appropriate in the circumstances and for which sufficient data is available to measure fair value. The availability of sufficient and relevant data primarily depends on the specific characteristics of the asset or liability being measured. The valuation techniques selected by the Council are consistent with one or more of the following valuation approaches:
Market approach Valuation techniques that use prices and other relevant information generated by market transactions for identical or similar assets or liabilities.
Income approach Valuation techniques that convert estimated future cash flows or income and expenses into a single discounted present value.
Cost approach Valuation techniques that reflect the current replacement cost of an asset at its current service capacity.
Each valuation technique requires inputs that reflect the assumptions that buyers and sellers would use when pricing the asset or liability, including assumptions about risks. When selecting a valuation technique, the Council gives priority to those techniques that maximise the use of observable inputs and minimise the use of unobservable inputs. Inputs that are developed using market data (such as publicly available information on actual transactions) and reflect the assumptions that buyers and sellers would generally use when pricing the asset or liability and considered observable, whereas inputs for which market data is not available and therefore are developed using the best information available about such assumptions are considered unobservable.
As detailed above, the mandatory measurement framework imposed by the Local Government (Financial Management) Regulations requires, as a minimum, all assets carried at a revalued amount to be revalued at least every 3 years.
26 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
1. SIGNIFICANT ACCOUNTING POLICIES (Continued)
(i) Intangible Assets Easements Regulation 16 of the Local Government (Financial Management) Regulations 1996 requires easements as assets.
The Council has determined that under AASB 138 Intangible Assets, easements are valued on an historical cost basis, because it is unlikely that an active market in easements exists to allow for fair value measurement. Due to acquisition of easements at NIL values and the inability to reliably measure the value of easements, no easements have been included in the financial report.
(j) Financial Instruments
Initial Recognition and Measurement Financial assets and financial liabilities are recognised when the Council becomes a party to the contractual provisions to the instrument. For financial assets, this is equivalent to the date that the Council commits itself to either the purchase or sale of the asset (ie trade date accounting is adopted).
Financial instruments are initially measured at fair value plus transaction costs, except where the instrument is classified 'at fair value through profit or loss', in which case transaction costs are expensed to profit or loss immediately.
Classification and Subsequent Measurement Financial instruments are subsequently measured at fair value, amortised cost using the effective interest rate method or at cost.
Fair value represents the amount for which an asset could be exchanged or a liability settled, between knowledgeable, willing parties. Where available, quoted prices in an active market are used to determine fair value. In other circumstances, valuation techniques are adopted.
Amortised cost is calculated as:
(a) the amount in which the financial asset or financial liability is measured at initial recognition; (b) less principal repayments; (c) plus or minus the cumulative amortisation of the difference, if any, between the amount initially recognised and the maturity amount calculated using the effective interest rate method; and (d) less any reduction for impairment.
The effective interest rate method is used to allocate interest income or interest expense over the relevant period and is equivalent to the rate that discounts estimated future cash payments or receipts (including fees, transaction costs and other premiums or discounts) through the expected life (or when this cannot be reliably predicted, the contractual term) of the financial instrument to the net carrying amount of the financial asset or financial liability. Revisions to expected future net cash flows will necessitate an adjustment to the carrying value with a consequential recognition of an income or expense in profit or loss.
(i) Financial assets at fair value through profit and loss Financial assets at fair value through profit or loss are financial assets held for trading. A financial asset is classified in this category if acquired principally for the purpose of selling in the short term. Derivatives are classified as held for trading unless they are designed as hedges. Assets in this category are classified as current. They are subsequently measured at fair value with changes to carrying amount being included in profit or loss.
27 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
1. SIGNIFICANT ACCOUNTING POLICIES (Continued) (j) Financial Instruments (Continued)
Classification and Subsequent Measurement (Continued)
(ii) Loans and receivables Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market and are subsequently measured at amortised cost. Gains or losses are recognised in profit or loss.
Loans and receivables are included in current assets where they are expected to mature within 12 months after the end of the reporting period.
(iii) Held-to-maturity investments Held-to-maturity investments are non-derivative financial assets with fixed maturities and fixed or determinable payments and fixed maturities that the Council’s management has the positive intention and ability to hold to maturity. They are subsequently measured at amortised cost. Gains or losses are recognised in profit or loss.
Held-to-maturity investments are included in current assets where they are expected to mature within 12 months after the end of the reporting period. All other investments are classified as non-current.
(iv) Available-for-sale financial assets Available-for-sale financial assets, are non-derivative financial assets that are either not suitable to be classified into other categories of financial assets due to their nature, or they are designated as such by management. They comprise investments in the equity of other entities where there is neither a fixed maturity nor fixed or determinable.
They are subsequently measured at fair value with changes in such fair value (ie gains or losses) recognised in other comprehensive income (except for impairment losses). When the financial asset is derecognised, the cumulative gain or loss pertaining to the asset previously recognised in other comprehensive income, is reclassified into profit or loss.
Available-for-sale financial assets are included in current assets where they are expected to be sold within 12 months after the end of the reporting period. All other available-for-sale financial assets are classified as non-current.
(v) Financial liabilities Non-derivative financial liabilities (excluding financial guarantees) are subsequently measured at amortised cost. Gains or losses are recognised in profit or loss.
Impairment At the end of each reporting period, the Council assesses whether there is objective evidence that a financial instrument has been impaired.
A financial asset is deemed to be impaired if, and only if, there is objective evidence of impairment as a result of one or more events having occurred, which will have an impact on the estimated future cash flows of the financial asset(s).
In the case of available-for-sale financial instruments, a significant or prolonged decline in the market value of the instrument is considered a loss event. Impairment losses are recognised in profit or loss immediately. Also, any cumulative decline in fair value previously recognised in other comprehensive income is reclassified into profit or loss at this point.
28 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
1. SIGNIFICANT ACCOUNTING POLICIES (Continued)
(j) Financial Instruments (Continued)
Derecognition Financial assets are derecognised where the contractual rights to receipt of cash flows expire or the asset is transferred to another party whereby the Council no longer has any significant continued involvement in the risks and benefits associated with the asset.
Financial liabilities are derecognised where the related obligations are discharged, cancelled or expire. The difference between the carrying amount of the financial liability extinguished or transferred to another party and the fair value of the consideration paid, including the transfer of non-cash assets or liabilities assumed, is recognised in profit or loss.
(k) Impairment In accordance with Australian Accounting Standards the Council's assets, other than inventories, are assessed at each reporting date to determine whether there is any indication they may be impaired.
Where such an indication exists, an impairment test is carried out on the asset by comparing the recoverable amount of the asset, being the higher of the asset's fair value less costs to sell and value in use, to the asset's carrying amount.
Any excess of the asset's carrying amount over its recoverable amount is recognised immediately in profit or loss, unless the asset is carried at a revalued amount in accordance with another standard (eg AASB 116). Any impairment loss of a revalued asset is treated as a revaluation decrease in accordance with that other standard.
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.
(l) Trade and Other Payables Trade and other payables represent liabilities for goods and services provided to the Local Government prior to the end of the financial year that are unpaid and arise when the Local Government becomes obliged to make future payments in respect of the purchase of these goods and services. The amounts are unsecured, are recognised as a current liability and are normally paid within 30 days of recognition.
(m) Employee Benefits Provision is made for the Council's liability for employee benefits arising from services rendered by employees to the end of the reporting period. Employee benefits that are expected to be settled within one year have been measured at the amounts expected to be paid when the liability is settled.
Employee benefits payable later than one year have been measured at the present value of the estimated future cash outflows to be made for those benefits. In determining the liability, consideration is given to the employee wage increases and the probability the employee may not satisfy vesting requirements. Those cash flows are discounted using market yields on national government bonds with terms to maturity matching the expected timing of cash flows.
(n) Borrowings Borrowing costs are recognised as an expense when incurred except where they are directly. attributable to the acquisition, construction or production of a qualifying asset. Where this is the case, they are capitalised as part of the particular asset.
29 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
1. SIGNIFICANT ACCOUNTING POLICIES (Continued)
(o) Provisions Provisions are recognised when:
a) the Council has a present legal or constructive obligation as a result of past events; b) for which it is probable that an outflow of economic benefits will result; and c) that outflow can be reliably measured.
Provisions are measured using the best estimate of the amounts required to settle the obligation at the end of the reporting period.
(p) Leases Leases of fixed assets, where substantially all the risks and benefits incidental to the ownership of the asset, but not legal ownership, are transferred to the Council, are classified as finance leases.
Finance leases are capitalised recording an asset and a liability at the lower amounts equal to the fair value of the leased property or the present value of the minimum lease payments, including any guaranteed residual values. Lease payments are allocated between the reduction of the lease liability and the lease interest expense for the period.
Leased assets are depreciated on a straight line basis over the shorter of their estimated useful lives or the lease term.
Lease payments for operating leases, where substantially all the risks and benefits remain with the lessor, are charged as expenses in the periods in which they are incurred.
Lease incentives under operating leases are recognised as a liability and amortised on a straight line basis over the life of the lease term.
(q) Investments in Associates Associates are entities in which the Council has significant influence through holding, directly or indirectly, 20% or more of the voting power of the Council. Investments in associates are accounted for in the financial statements by applying the equity method of accounting, whereby the investment is initially recognised at cost and adjusted thereafter for the post-acquisition change in the Council's share of net assets of the associate entity. In addition, Council's share of the profit or loss of the associate entity is included in the Council's profit or loss.
The carrying amount of the investment includes goodwill relating to the associate. Any discount on acquisition, whereby the Council's share of the net fair value of the associate exceeds the cost of investment, is recognised in profit or loss in the period in which the investment is acquired.
Profits and losses resulting from transactions between the Council and the associate are eliminated to the extent of the Council's interest in the associate.
(r) Joint Venture The Council’s interest in a joint venture has been recognised in the financial statements by including its share of any assets, liabilities, revenues and expenses of the joint venture within the appropriate line items of the financial statement. Information about the joint venture is set out in Note 19.
The Council's interest in joint venture entities are recorded using the equity method of accounting (refer to Note 1(p) for details) in the financial report.
When the Council contributes assets to the joint venture or if the Council purchases assets from the joint venture, only the portion of gain or loss not attributable to the Council's share of the joint venture shall be recognised. The Council recognises the full amount of any loss when the contribution results in a reduction in the net realisable value of current assets or an impairment loss.
30 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
1. SIGNIFICANT ACCOUNTING POLICIES (Continued)
(s) Rates, Grants, Donations and Other Contributions Rates, grants, donations and other contributions are recognised as revenues when the local government 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, upon receipt of the rates.
Where contributions recognised as revenues during the reporting period were obtained on the condition that they be expended in a particular manner or used over a particular period, and those conditions were undischarged as at the reporting date, the nature of and amounts pertaining to those undischarged conditions are disclosed in Note 2(c). That note also discloses the amount of contributions recognised as revenues in a previous reporting period which were obtained in respect of the local government's operation for the current reporting period.
(t) Superannuation The local government contributes to a number of superannuation funds on behalf of employees. All funds to which the local government contributes are defined contribution plans.
(u) 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 local government's operational cycle. In the case of liabilities where the local government 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 the local government's intentions to release for sale
(v) Rounding Off Figures All figures shown in this annual financial report, other than a rate in the dollar, are rounded to the nearest dollar.
(w) Comparative Figures Where required, comparative figures have been adjusted to conform with changes in presentation for the current financial year.
When the Council applies an accounting policy retrospectively, makes a retrospective restatement or reclassifies items in its financial statement, a statement of financial position as at the beginning of the earliest period will be disclosed.
(x) Budget Comparative Figures Unless otherwise stated, the budget comparative figures shown in this annual financial report relate to the original budget estimate for the relevant item of disclosure.
(y) New Accounting Standards and Interpretations for Application in Future Periods The AASB has issued a number of new and amended Accounting Standards and Interpretations that have mandatory application dates for future reporting periods, some of which are relevant to the local government.
Management’s assessment of the new and amended pronouncement that are relevant to the Council, applicable to future reporting periods and which have not yet been adopted are set out as follows.
31 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
1. SIGNIFICANT ACCOUNTING POLICIES (Continued)
(y) New Accounting Standards and Interpretations for Application in Future Periods (Continued) Title and Topic Impact Issued Applicable (* (i) AASB 9 - Financial Instruments Nil – The objective of this Standard is to improve and Dec-13 1-Jan-17 simplify the approach for classification and measurement of financial assets compared with the requirements of AASB 139. Given the nature of the financial assets of the Council, it is not anticipated that the standard will have any material effect.
(ii) AASB 2010 - 7 Amendments to Australian Nil - The revisions embodied in Accounting Standards arising from AASB 9 this Standard give effect to the Dec-13 1-Jan-17 (December 2010) consequential changes arising from the issuance of AASB 9 [AASB 1, 3, 4, 5, 7, 101, 102, 108, 112, 118, which is not anticipated to have 120, 121, 127, 128, 131, 132, 136, 137, 139, any material effect on the Council 1023 & 1038 and Interpretations 2, 5, 10, 12, (refer (i) above). 19 & 127]
(iii) AASB 2011 - 7 Amendments to Australian Consequential changes to Accounting Standards arising from the various Standards arising from Sep-11 1-Jul-13 Consolidation and Joint Arrangement the issuance of AASB 10, 11, Standards [Not-For-Profit entities] 12, 127 and 128. It is not expected to have a [AASB 1, 3, 5, 7, 9, 2009-11, 101, 107, 112 significant impact on Council. 118, 121, 124, 131, 132, 133, 138, 139, 1023 & 1038 and Interpretations 5, 9, 16 & 17]
(iv) AASB 2012-3: Amendments to Australian This Standard adds application Accounting Standards - Offsetting Financial guidance to AASB 132: Financial Jun-12 1-Jan-14 Assets and Financial Liabilities Instruments: Presentation to [AASB 132] address potential inconsistencies identified in applying some of the offsetting criteria of AASB 132, including clarifying the meaning of “currently has a legally enforceable right of set-off” and that some gross settlement systems may be considered equivalent to net settlement. This Standard is not expected to significantly impact the Council’s financial statements.
(v) AASB 2013 - 3: Amendments to AASB 136 - This Standard makes Recoverable Amount Disclosures for amendments to AASB 136 and Jun-13 1-Jan-14 Non-Financial Assets includes requirements to disclose additional information when present value techniques are used to measure the recoverable amount of impaired assets. It is not expected to have a significant impact on Council.
32 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
1. SIGNIFICANT ACCOUNTING POLICIES (Continued)
(y) New Accounting Standards and Interpretations (Continued) Title and Topic Impact Issued Applicable (* (vi) AASB 2013-8: Amendments to Australian This standard adds Appendix E to Accounting Standards – Australian AASB 10 to provide Oct-13 1-Jan-14 Implementation Guidance for Not-for-Profit implementation guidance for Entities – Control and Structured Entities Not-for-Profit entities regarding control criteria from the perspective of not-for-profit [AASB 10, 12 & 1049] entities. It is not expected to have a significant impact on Council.
(vii) AASB 2013-9: Amendments to Australian Part A of this standard makes Accounting Standards – Conceptual various editorial corrections to Dec-13 Refer Title Framework, Materiality and Financial Australian Accounting Standards. Column Instruments Part B of this standard deletes [Operative dates: Part A Conceptual references to AASB 1031 in Framework – 20 December 2013; Part B various Australian Accounting Materiality – 1 January 2014; Part C Financial Standards in advance of the Instruments – 1 January 2015] withdrawal of AASB 1031.
Part C of this standard makes consequential amendments to AASB 9 and numerous other standards and amends the permissions around certain applications relating to financial liabilities reissued at fair value.
As the bulk of changes related either to editorial or reference changes it is not expected to have a significant impact on Council.
(*) Applicable to reporting periods commencing on or after the given date.
(z) Adoption of New and Revised Accounting Standards
During the current year, the Council adopted all of the new and revised Australian Accounting Standards and Interpretations which were compiled, became mandatory and which were applicable to its operations.
These new and revised standards were:
AASB 10 AASB 128 AASB 2012 - 2 AASB 11 AASB 2011 - 7 AASB 2012 - 3 AASB 12 AASB 2011 - 9 AASB 2012 - 5 AASB 119 AASB 2011 - 10 AASB 2012 - 10 AASB 127
Most of the standards adopted had a minimal effect on the accounting and reporting practices of the Council as they did not have a significant impact on the accounting or reporting practices or were either not applicable, largely editorial in nature, were revisions to help ensure consistency with presentation, recognition and measurement criteria of IFRSs or related to topics not relevant to operations.
33 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
2016/17 2015/16 2015/16 Budget Actual Budget 2. REVENUES AND EXPENSES $ $ $
(a) Net Result from Ordinary Activities was arrived at after:
(i) Charging as Expenses:
Auditors Remuneration Audit Services 20,000 17,280 15,500 Other Services 0 0 0
Depreciation
By Program Governance 86,312 91,280 95,352 General Purpose Funding - - - Law, Order, Public Safety 6,017 5,760 6,017 Health - 3,056 3,192 Education and Welfare 9,168 8,776 9,168 Community Amenities 15,659 14,103 14,732 Recreation and Culture 376,752 429,229 448,377 Transport 686,568 617,694 645,248 Economic Services - 2,339 2,443
1,180,476 1,172,237 1,224,529
By Class Land and Buildings 291,010 267,159 292,911 Furniture and Equipment 2,881 5,058 12,211 Plant and Equipment 172,898 157,802 175,294 Computer Equipment 2,167 - 1,895 Reserve Development 99,320 180,156 180,156 Roads 553,467 500,000 503,861 Footpaths 43,526 50,000 30,798 Drainage 15,207 12,062 27,403 1,180,476 1,172,237 1,224,529
Borrowing Costs (Interest) - Finance Lease Charges - Debentures (refer note 5(a)) 448,461 462,349 463,766 448,461 462,349 463,766 Rental Charges - Operating Leases
(ii) Crediting as Revenues:
Interest Earnings Investments - Reserve Funds 58,097 43,034 50,614 - Other Funds 124,771 129,081 102,136 Other Interest Revenue (refer note 13) 82,000 81,105 68,000 264,868 253,220 220,750
34 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
2. REVENUES AND EXPENSES (Continued)
(b) Statement of Objective
In order to discharge its responsibilities to the community, Council has developed a set of operational and financial objectives. These objectives have been established both on an overall basis and for each of its broad activities/programs.
Council operations as disclosed in this budget encompass the following service orientated activities/programs:
GOVERNANCE Expenses relating to Councils Mayor and 6 Councillors, statutory expenses, general Governance expenses, Naturalisation ceremonies and civic functions.
GENERAL PURPOSE FUNDING Rates Revenue and costs relating to levying of rates, General Purpose Grants & Interest on Investments.
LAW, ORDER, PUBLIC SAFETY Fire Prevention, Animal Control, Public Safety Services, Community Safety, Vandalism Reward Scheme, Community Policing and Ranger Services.
HEALTH Child Health Centre, Immunisation services, Health Administration and Inspection of Food premises.
EDUCATION AND WELFARE Family and Children Services Aged & Disabled Voluntary Organisations, School/Community Grants, contribution to The Aged Persons Support Service (TAPSS).
COMMUNITY AMENITIES Rubbish & Recycling Collection services, Town Planning and Development, Maintenance of bus shelters.
RECREATION AND CULTURE Maintenance of halls, Parks and Reserves. Contribution towards library, other cultural activities.
TRANSPORT Construction and maintenance of roads, drainage works, footpaths. Cleaning of streets, depot and ranger services relating to parking control and Local Laws.
ECONOMIC SERVICES Governance of building control.
OTHER PROPERTY & SERVICES Includes public works overheads, plant operational costs & other items that cannot be assigned to any of the preceding programmes.
35 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
2016/17 3. ACQUISITION OF ASSETS Budget $ The following assets are budgeted to be acquired during the year:
By Program
Governance Buildings 47,000 Computers 23,100 Plant and Equipment 92,000
Law, Order, Public Safety Plant and Equipment 28,000
Education and Welfare Buildings 7,000
Community Amenities Plant and Equipment 28,000
Recreation and Culture Land and Buildings 450,200 Infrastructure Assets - Parks and Ovals 695,440 Plant and Equipment 217,500
Transport Infrastructure Assets - Roads 388,740 Plant and Equipment 322,000
2,298,980 By Class
Land and Buildings 504,200 Infrastructure Assets - Roads 388,740 Infrastructure Assets - Parks and Ovals 695,440 Plant and Equipment 687,500 Computers 23,100
2,298,980
A detailed breakdown of acquisitions on an individual asset basis can be found in the supplementary information attached to this budget document.
36 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
4. DISPOSALS OF ASSETS
The following assets are budgeted to be disposed of during the year.
Net Book Value Sale Proceeds Profit(Loss) By Program 2016/17 2016/17 2016/17 BUDGET BUDGET BUDGET $$$ Governance Holden Calais (CEO) 23,650 24,000 350 Holden Calais (EMCS) 23,650 24,000 350
Law Order & Public Safety Ford Ranger Utility (Ranger) 15,400 15,000 (400)
Community Ammenities Ford Ranger Supercab ECO 13,000 15,000 2,000
Recreation & Culture Suzuki Vitara Wagon (MCD) 10,800 13,000 2,200 Subaru Impreza (PM) 14,410 15,000 590 Falcon Utility (Retic) 14,575 15,000 425 Ford Ranger Crewcab 14,509 14,000 (509) Ford Ranger Crewcab 11,240 12,000 760 Ford Ranger Crewcab 11,200 12,000 800 Ford Ranger Traytop Utility 9,760 12,000 2,240 Ride on Mower 6,000 4,000 (2,000)
Transport Subaru Forester Wagon (OE) 12,200 13,500 1,300 Hyundai I30 (CLO) 9,900 10,000 100 Mazda 3 Sedan 6,000 8,000 2,000 Komatsu Backhoe 22,920 40,000 17,080 Mitsubishi Fuso Canter Truck 8,219 20,000 11,781 Skid Steer Loader 5,568 5,000 (568)
233,001 271,500 38,499
37 Net Book Value Sale Proceeds Profit(Loss) By Class 2016/17 2016/17 2016/17 BUDGET BUDGET BUDGET $$$ Plant & Equipment Holden Calais (CEO) 23,650 24,000 350 Holden Calais (EMCS) 23,650 24,000 350 Mazda 3 Sedan 6,000 8,000 2,000 Suzuki Vitara Wagon (MCD) 10,800 13,000 2,200 Ford Ranger Utility (Ranger) 15,400 15,000 (400) Hyundai I30 (CLO) 9,900 10,000 100 Subaru Impreza (PM) 14,410 15,000 590 Falcon Utility (Retic) 14,575 15,000 425 Ford Ranger Crewcab 14,509 14,000 (509) Ford Ranger Crewcab 11,240 12,000 760 Ford Ranger Crewcab 11,200 12,000 800 Ford Ranger Traytop Utility 9,760 12,000 2,240 Ford Ranger Supercab ECO 13,000 15,000 2,000 Ride on Mower 6,000 4,000 (2,000) Subaru Forester Wagon (OE) 12,200 13,500 1,300 Komatsu Backhoe 22,920 40,000 17,080 Mitsubishi Fuso Canter Truck 8,219 20,000 11,781 Skid Steer Loader 5,568 5,000 (568)
233,001 271,500 38,499
2016/17 Summary BUDGET $
Profit on Asset Disposals 41,976 Loss on Asset Disposals (3,477) 38,499
38 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
5. INFORMATION ON BORROWINGS (a) Debenture Repayments
Principal New Principal Principal Interest 1-Jul-16 Loans Repayments Outstanding Repayments 2016/17 2015/16 2016/17 2015/16 2016/17 2015/16 Particulars Loan No. Budget Actual Budget Actual Budget Actual $$$ $ $$
Library 73 5,228,111 152,277 142,180 5,075,834 5,228,112 392,766 403,834
Swan Canoe Club 74 94,175 14,651 13,996 79,524 94,175 4,695 5,437
Alf Adams 75 311,019 13,708 24,625 297,311 299,514 15,535 30,676
David Jones Pavilion 78 103,574 4,580 2,169 98,994 105,791 5,132 2,707
Memorial Hall 79 394,120 16,233 7,679 377,887 401,971 19,850 10,433
Depot 81 128,384 4,550 4,322 123,834 128,384 7,379 7,635
David Jones Pavilion 82 76,436 2,951 1,413 73,485 77,874 3,104 1,627
------
------
6,335,819 - 208,950 196,386 6,126,869 6,335,820 448,461 462,349
Loan 74 is a self supporting loan and all other loans are funded from Municipal funds.
39 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
5. INFORMATION ON BORROWINGS (Continued)
(b) New Debentures - 2016/17
Amount Borrowed Institution Loan Term Total Interest Amount Used Balance Particulars/Purpose Loan No. Type (Years) Interest & Rate Unspent Budget Charges % Budget $
0 00
(c) Unspent Debentures Council has no unspent debenture funds as at 30 June 2016 and it is not expected to have unspent debenture funds as at 30 June 2017.
(d) Overdraft
Council has an overdraft facility of $50,000 with the National Australia Bank. It is not anticipated that this facility will be required to be utilised during 2016/17.
40 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
2016/17 2015/16 2015/16 Budget Actual Budget 6. RESERVES $ $ $ Cash Backed Reserves
(a) Plant Reserve Opening Balance 416,509 369,520 369,520 Amount Set Aside / Transfer to Reserve 171,662 160,907 162,933 Amount Used / Transfer from Reserve (424,000) (113,918) (213,000) 164,171 416,509 319,453
(b) Computer Reserve Opening Balance 57,819 54,219 54,219 Amount Set Aside / Transfer to Reserve 3,619 3,600 3,898 Amount Used / Transfer from Reserve - - (10,000) 61,438 57,819 48,117
(c) Sewerage Infill Reserve Opening Balance 24,450 9,179 9,179 Amount Set Aside / Transfer to Reserve 10,685 15,271 15,321 Amount Used / Transfer from Reserve - - - 35,135 24,450 24,500
(d) Infrastructure Reserve Opening Balance 1,037,122 307,176 307,176 Amount Set Aside / Transfer to Reserve 783,699 738,745 240,429 Amount Used / Transfer from Reserve (657,117) (8,798) - 1,163,704 1,037,122 547,605
(e) Sporting Courts Resurfacing Reserve Opening Balance 40,159 115,044 115,044 Amount Set Aside / Transfer to Reserve 6,124 8,396 9,027 Amount Used / Transfer from Reserve - (83,280) (20,000) 46,283 40,160 104,071
(f) Insurance Reserve Opening Balance 63,183 61,372 61,372 Amount Set Aside / Transfer to Reserve 1,769 1,811 2,148 Amount Used / Transfer from Reserve - - - 64,952 63,183 63,520
(g) Public Art Reserve Opening Balance 39,838 38,696 38,696 Amount Set Aside / Transfer to Reserve 1,115 1,142 1,354 Amount Used / Transfer from Reserve - - - 40,953 39,838 40,050
(h) Legal Contigency Reserve Opening Balance 24,273 99,341 99,341 Amount Set Aside / Transfer to Reserve 100,680 4,932 5,477 Amount Used / Transfer from Reserve - (80,000) - 124,953 24,273 104,818
41 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
2016/17 2015/16 2015/16 Budget Actual Budget 6. RESERVES (Continued) $ $ $
(i) Mt Lyell Containement Cell Reserve Opening Balance 371,576 391,585 391,585 Amount Set Aside / Transfer to Reserve 10,404 11,908 13,705 Amount Used / Transfer from Reserve (83,260) (31,917) (72,265) 298,720 371,576 333,025
Total Cash Backed Reserves 2,000,309 2,074,929 1,585,159
All of the above reserve accounts are to be supported by money held in financial institutions.
Council has a policy of annual revaluation of road infrastructure. The amount of any revaluations adjustment at 30 June 2016 is not known. Any transfer to or from an asset revaluation reserve will be a non-cash transaction (treated as Other Comprehensive Income) and as such, has no impact on this budget document.
Summary of Transfers To Cash Backed Reserves
Transfers to Reserves Plant Reserve 171,662 160,907 162,933 Computer Reserve 3,619 3,600 3,898 Sewerage Infill Reserve 10,685 15,271 15,321 Infrastructure Reserve 783,699 738,745 240,429 Sporting Courts Resurfacing Reserve 6,124 8,396 9,027 Insurance Reserve 1,769 1,811 2,148 Public Art Reserve 1,115 1,142 1,354 Legal Contingency Reserve 100,680 4,932 5,477 Mt Lyell Containment Cell Reserve 10,404 11,908 13,705 1,089,757 946,712 454,292
Transfers from Reserves Plant Reserve (424,000) (113,918) (213,000) Computer Reserve - - (10,000) Sewerage Infill Reserve - - - Infrastructure Reserve (657,117) (8,798) - Sporting Courts Resurfacing Reserve - (83,280) (20,000) Insurance Reserve - - - Public Art Reserve - - - Legal Contingency Reserve - (80,000) - Mt Lyell Containment Cell Reserve (83,260) (31,917) (72,265) (1,164,377) (317,913) (315,265)
Total Transfer to/(from) Reserves (74,620) 628,799 139,027
42 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
6. RESERVES (Continued)
In accordance with council resolutions in relation to each reserve account, the purpose for which the reserves are set aside are as follows:
(a) Plant Reserve For the purchase of Council's plant and equipment
(b) Computer Reserve To assist with capital purchases of computer equipment
(c) Sewerage Infill Reserve To pay for connecting Council buildings to sewer when available
(d) Infrastructure Reserve To assist with the construction of new infrastructure assets (ie, roads, building, footpaths, parks)
(e) Sporting Courts Resurfacing Reserve To assist with the resurfacing of courts when required
(f) Insurance Reserve To self fund insurance claims that fall below Council's insurance excess
(g) Public Art Reserve To provide funding for the installation of Public Art in the townsite
(h) Legal Contingency Reserve To fund legal expenses that are in excess of Council annual budget
(i) Mt Lyell Containment Cell Reserve To fund the maintenance and monitoring of Mt Lyell Park above the containment cell.
43 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
2016/17 2015/16 Budget Actual $$ 7. NET CURRENT ASSETS
Composition of Estimated Net Current Asset Position
CURRENT ASSETS
Cash - Unrestricted 1,241,758 1,963,207 Cash - Restricted 2,000,309 2,074,929 Receivables 274,975 562,941 Inventories - - 3,517,042 4,601,077
LESS: CURRENT LIABILITIES
Payables and Provisions (1,516,733) (1,328,604)
NET CURRENT ASSET POSITION 2,000,309 3,272,473
Less: Cash - Restricted (2,000,309) (2,074,929)
ESTIMATED SURPLUS/(DEFICIENCY) C/FWD 0 1,197,544
The estimated surplus/(deficiency) c/fwd in the 2015/16 actual column represents the surplus (deficit) brought forward as at 1 July 2016
The estimated surplus/(deficiency) c/fwd in the 2016/17 budget column represents the surplus (deficit) carried forward as at 30 June 2017
44 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
8. RATING INFORMATION - 2016/17 FINANCIAL YEAR
Rate in Number Rateable 2016/17 2016/17 2016/17 2016/17 2015/16 RATE TYPE $ of Value Budgeted Budgeted Budgeted Budgeted Actual Properties $ Rate Interim Back Total $ Revenue Rates Rates Revenue $$$$ Differential General Rate Residential 0.057732 3079 132,195,949 7,631,937 24,138 7,656,075 7,360,167 Commercial 0.057732 69 6,563,381 378,917 378,917 366,460 - - Sub-Totals - 138,759,330 8,010,854 24,138 - 8,034,992 7,726,627 Minimum Minimum Rates $ Residential 870.00 679 16,969,291 590,730 590,730 577,767 Commercial 870.00 0 ------Sub-Totals - 16,969,291 590,730 - - 590,730 577,767 8,625,722 8,304,394 Specified Area Rates (Note 9) 8,625,722 8,304,394 Discounts Totals 8,625,722 8,304,394
All land except exempt land in the Town of Mosman Park is rated according to its Gross Rental Value (GRV) and are based on a revaluation review undetaken by the Valuer General, commencing from 1 July 2014.
The general rates detailed above for the 2016/17 financial year have been determined by Council on the basis of raising the revenue required to meet the deficiency between the total estimated expenditure proposed in the budget and the estimated revenue to be received from all sources other than rates and also considering the extent of any increase in rating over the level adopted in the previous year.
The minimum rates have been determined by Council on the basis that all ratepayers must make a reasonable contribution to the cost of the Local Government services/facilities.
45 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
9. SPECIFIED AREA RATE - 2016/17 FINANCIAL YEAR
Rate in Basis Rateable 2016/17 Budget 2015/16 $ofValue Budgeted Applied Actual Rate Revenue to Costs $ $$
000
10. SERVICE CHARGES - 2016/17 FINANCIAL YEAR
Amount 2016/17 Budget 2015/16 of Budgeted Applied Actual Charge Revenue to Costs $ $$ $
000
2016/17 2015/16 Budget Actual 11. FEES & CHARGES REVENUE $ $
Governance 28,501 32,886 General Purpose Funding 33,000 25,294 Law, Order, Public Safety 21,500 24,216 Health 17,000 17,176 Education and Welfare 16,900 16,789 Community Amenities 1,765,458 1,766,217 Recreation & Culture 45,550 70,909 Transport 21,255 82 Economic Services 136,900 149,477 Other Property & Services - 1,864 2,086,064 2,104,909
12. DISCOUNTS, INCENTIVES, CONCESSIONS & WRITE OFFS 2016/17 FINANCIAL YEAR
Council does not offer any discounts, incentives or concessions other than those contained in legislation.
46 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
13. INTEREST CHARGES AND INSTALMENTS - 2016/17 FINANCIAL YEAR
A rate of 11% per annum calculated on a daily interest rate of 0.030% will be charged on amounts that are not paid by the due date until the day before the payment is made.
In the case where instalments are being made, the daily penalty interest will be charged on an instalment which remains unpaid after it is due.
This year Council resolved to offer ratepayers the opportunity to pay by two options.
Option 1: Prompt payment in full with no interest charge or Governance fees. Must be paid by the 30 September 2016
Option 2: Payment by four instalments incurring a Governance fee of $21.00 and daily interest on each instalment after the first at 0.015% per day.
Due Dates: 1st Instalment 30 September 2016 2nd Instalment 30 November 2016 3rd Instalment 31 January 2017 4th Instalment 31 March 2017
Note: Instalments are not available if rates or interest thereon (or service charge) imposed in a previous year remain unpaid on the date the first instalment is due.
The amount of interest charges and instalments is equal to 82,000$
14. COUNCILLORS’ REMUNERATION 2016/17 2015/16 Budget Actual The following fees, expenses and allowances are to be $$ paid to council members and the Mayor.
Meeting Fees 120,510 121,840 Mayoral Allowance 21,879 22,110 Deputy Mayor's Allowance 5,470 5,528 Information Technology Allowance 7,000 7,084 Telecommunications Allowance 17,500 17,708 172,359 174,270
47 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
15. NOTES TO THE CASH FLOW STATEMENT
(a) Reconciliation of Cash
For the purposes of the statement of cash flow, cash includes cash and cash equivalents, net of outstanding bank overdrafts. Estimated cash at the end of the reporting period is as follows:
2016/17 2015/16 2015/16 Budget Actual Budget $$ $ Cash - Unrestricted 1,241,758 1,963,207 1,280,531 Cash - Restricted 2,000,309 2,074,929 1,585,159 3,242,067 4,038,136 2,865,690
The following restrictions have been imposed by regulation or other externally imposed requirements:
Plant Reserve 164,171 416,509 319,453 Computer Reserve 61,438 57,819 48,117 Sewerage Infill Reserve 35,135 24,450 24,500 Infrastructure Reserve 1,163,704 1,037,122 547,605 Buckland Hill Tennis Courts Reserve 46,283 40,160 104,071 Insurance Reserve 64,952 63,183 63,520 Public Art Reserve 40,953 39,838 40,050 Legal Contingency Reserve 124,953 24,273 104,818 Mt Lyell Containment Cell Reserve 298,720 371,576 333,025 2,000,309 2,074,929 1,585,159
(b) Reconciliation of Net Cash Provided By Operating Activities to Net Result
Net Result (192,362) 568,381 (34,295)
Amortisation Depreciation 1,180,476 1,172,237 1,224,529 (Profit)/Loss on Sale of Asset (38,499) (47,562) (45,969) (Increase)/Decrease in Receivables 285,477 (181,489) 84,731 (Increase)/Decrease in Accrued Income 16,463 (59,927) (43,464) Increase/(Decrease) in Payables 701 143,360 (4,537) Increase/(Decrease) in Employee Provisions 92,661 (99,403) 66,711 Increase/(Decrease) in Accrued Expenses 80,793 10,215 103,315 Increase/(Decrease) in Income in Advance - 33,110 - Grants/Contributions for the Development of Assets (37,410) (272,823) (78,441) Non-Current Assets recognised due to change in Legislative Requirements - - - Net Cash from Operating Activities 1,388,300 1,266,099 1,272,580
48 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
15. NOTES TO THE CASH FLOW STATEMENT (CONT)
2016/17 2015/16 2015/16 Budget Actual Budget $$ $
(c) Undrawn Borrowing Facilities Credit Standby Arrangements Bank Overdraft limit 50,000 50,000 50,000 Bank Overdraft at Balance Date - Credit Card limit 18,000 18,000 18,000 Credit Card Balance at Balance Date (5,811) Total Amount of Credit Unused 68,000 62,189 68,000
Loan Facilities Loan Facilities in use at Balance Date 6,126,869 6,335,820 6,335,820
Unused Loan Facilities at Balance Date - - -
49 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
16. TRUST FUNDS
Funds held at balance date over which the Town has no control and which are not included in the financial statements are as follows:
Balance Amounts Amounts Balance Detail 01-Jul-16 Received Paid 30-Jun-17 $ $ ($) $
Footpath Deposits 671,924 271,500 (226,700) 716,724 Gibbon Street Tennis Courts Key Bond 410 40 (20) 430 Park & Hall Hire Bonds 2,030 800 (1,530) 1,300 Nomination Deposits - - - - P.O.S. Bond 21,371 - (7,124) 14,247 Subdivision Bonds 6,900 5,000 (5,000) 6,900 BCITF 157 73,616 (73,773) (0) BRB 15,064 58,219 (63,248) 10,035 Sundry Deposits 6,021 1,585 (6,824) 782
72 3,877 723,877 750,418
50 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
17. MAJOR LAND TRANSACTIONS
It is not anticipated any major land transactions will occur in 2016/17
18. TRADING UNDERTAKINGS AND MAJOR TRADING UNDERTAKINGS
It is not anticipated any trading undertakings or major trading undertakings will occur in 2016/17
19. INVESTMENTS IN JOINT VENTURES
2016/17 2015/16 Budget Actual # Interest in Local Government House Trust 67,838 67,838 * Interest in WMRC 1,048,272 1,048,272 1,116,110 1,116,110
Investment in Peppermint Grove, Cottesloe, Mosman Park Library
The Town together with the Shire of Peppermint Grove and the Town of Cottesloe have a joint venture agreement with regard to the provision of Library Services. The Town entered into the agreement in 1975 and since then the three local governments have contributed based on population.
The contribution rates for the 2016/17 financial year are:
Town of Mosman Park 48.49% Town of Cottesloe 42.89% Shire of Peppermint Grove 8.62%
# Interest in WALGA Local Government House Trust
This note discloses the equity the Town has in the Local Government House Trust as a consequence of a contribution towards the cost of purchasing Local Government House. The total contribution by all Councils towards the cost of the WALGA building was $582,000 of which the Town of Mosman Park contributed $4,000. There are 620 units in the Local Government House Trust, 4 of which are held by the Town of Mosman Park.The Town adjusts its capital share in the Local Government House Trust each year.
51 TOWN OF MOSMAN PARK NOTES TO AND FORMING PART OF THE BUDGET FOR THE YEAR ENDED 30TH JUNE 2017
19. INVESTMENTS IN JOINT VENTURES (Continued)
* Interest in WMRC
The Western Metropolitan Regional Council was formally constituted in September 1989 to undetake waste management in the Western Suburbs on behalf of the following Local Governments:
Town of Cottesloe Shire of Peppermint Grove Town of Claremont City of Subiaco Town of Mosman Park
The Town's interest in the joint venture calculated by the WMRC as at 30 June 2015 is 18.41% representing its share of the net assets of $1,048,272.
The Town's interest in the assets and liabilities of WMRC is as follows:
2014/15 (Audited) $ Interest in the Joint Venture as at 30 June 1,048,272
Represented by share of Joint Venture entity's financial position:
Current Assets 691,042
Non - Current Assets 500,366
Total Assets 1,191,408
Current Liabilities 138,555
Non - Current Liabilities 4,581
Total Liabilities 143,136
Net Assets 1,048,272
52 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 General Purpose Funding
031301 General Rate Income ‐ Rates 8,010,854 7,678,214 7,678,214 031302 Minimum Rate Income ‐ Rates 590,730 577,767 577,767 031303 Back Rate Income ‐ Rates 0 0 12,813 031304 Interim Rate Income ‐ Rates 24,138 0 35,600 031305 Ex‐Gratia Rates Income ‐ Rates 1,501 1,452 1,452 031306 Debt Recovery Fee Income ‐ Rates 3,000 3,000 1,200 031307 Interest On Instalments Income ‐ Rates 52,000 43,000 48,698 031308 Non‐Payment Penalty Income ‐ Rates 30,000 25,000 32,407 031309 Rates Instalment Admin Charge Income ‐ Rates 24,000 20,000 22,642 031310 Recoup Collection/Legal Fees Income ‐ Rates 0 0 0 031311 Rates Write-offs Income ‐ Rates 0 0 0 031312 Rounding ‐ Rates 0 0 (0) 032301 Equalisation Grant Income ‐ GPF 196,000 97,240 94,642 032302 Local Road Funding Grant Income ‐ GPF 82,000 37,704 36,788 032303 Bank Interest Income ‐ GPF 9,000 1,000 10,222 032304 Investment Interest Income ‐ GPF 115,771 101,136 118,859 032305 Reserve Interest Income ‐ GPF 58,097 50,614 43,034 032306 Pensioner Deferred Interest Income ‐ GPS 2,300 2,800 2,225
Total Income 9,199,391 8,638,927 8,716,562
031201 Bank Fees Expense ‐ Rates (22,500) (21,000) (21,305) 031202 Debt Collection Expense ‐ Rates (5,000) (4,500) 0 031203 Postage & Handling Expense ‐ Rates (9,000) (6,300) (6,412) 031204 Printing & Stationery Expense ‐ Rates (8,500) (6,800) (7,277) 031205 Valuation Expense ‐ Rates (50,000) (4,000) (3,246) 032201 Interest on Overdraft Expense ‐ GPF (250) (500) 0 031206 Allocations ‐ Rates (172,572) (164,054) (171,401)
Total Expenditure (267,822) (207,154) (209,642)
53 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Governance
041301 Contribution Council Function Income ‐ Members 0 0 1,470 041303 Grants Income ‐ Members 0 0 0 042301 FESA Commission Income ‐ Admin 8,100 8,000 8,100 042302 Other Income (GST Free) ‐ Admin 500 500 2,413 042303 Other Income ‐ Admin 3,000 2,500 3,810 042305 Reimbursement Income ‐ Admin 10,000 15,000 63,889 042306 FOI Income ‐ Admin 0 0 2,057 042307 Property Information Income ‐ Admin 30,000 30,000 27,072 042310 Federal Grants Income ‐ Admin 0 0 0
Total Income 51,600 56,000 108,811
041201 Audit Expense ‐ Members (20,000) (15,500) (17,280) 041202 Civic Ceremonies Expense ‐ Members (6,066) (6,045) (3,683) 041203 Community Expense/Public Relations ‐ Members (55,100) (63,320) (84,067) 041204 Conference Expense ‐ Members (52,100) (17,500) (10,314) 041205 Consultant Expense ‐ Members (40,000) (33,200) (29,562) 041206 Council Chamber Maintenance Expense‐ Members (103,606) (106,522) (108,925) 041207 Council Functions Expense ‐ Members (85,267) (82,570) (77,087) 041208 Councillor Allowance Expense ‐ Members (24,500) (24,500) (24,792) 041209 LG House Valuation Decrement ‐ Members 0 0 0 041210 Donations Paid Out Expense ‐ Members (35,000) (8,500) (5,621) 041211 Election Expense ‐ Members 0 (25,860) (15,752) 041212 Insurance Expense ‐ Members (7,650) (12,400) (7,012) 041214 Mayoral Allowance Expense ‐ Members (27,349) (27,638) (27,638) 041215 Sitting Fees Expense ‐ Members (120,510) (120,510) (121,840) 041216 Minor Expense ‐ Members (4,600) (8,852) (10,888) 041217 Strategic Plan Expense ‐ Members (15,000) (15,000) (13,455) 041218 Subscriptions Expense ‐ Members (17,180) (12,730) (13,821) 041219 Allocations ‐ Members (451,243) (432,870) (448,679) 041220 Council Functions Expense ‐ Members 0 0 0 042201 Salaries & Wages Expense ‐ Admin (1,315,102) (1,269,495) (1,304,856)
54 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Governance
042202 Superannuation Expense ‐ Admin (141,961) (137,750) (135,206) 042203 Fringe Benefit Tax Expense ‐ Admin (24,600) (19,200) (19,005) 042204 Advertising Expense ‐ Admin (19,500) (10,000) (7,209) 042205 Bank Fees Expense ‐ Admin (5,500) (6,500) (4,051) 042206 Computer Expense ‐ Admin (238,780) (223,529) (211,823) 042207 Conferences Expense ‐ Admin (11,500) (9,000) (2,645) 042208 Consultant Expense ‐ Admin (53,000) (22,900) (96,419) 042209 Depreciation Expense ‐ Admin (86,312) (95,352) (80,698) 042210 Insurance Expense ‐ Admin (48,214) (52,738) (49,756) 042211 Legal Fees Expense ‐ Admin (16,000) (16,000) (32,818) 042212 Loss on Disposal of Asset ‐ Admin 0 0 (8,157) 042213 Office Equipment Repairs & Mtce Expense ‐ Admin (4,000) (4,000) 0 042214 Office Expense ‐ Admin (36,200) (26,500) (33,345) 042215 Other Expense ‐ Admin (10,500) (18,500) (6,522) 042216 Postage & Handling Expense ‐ Admin (9,000) (7,000) (9,032) 042217 Printing & Stationery Expense ‐ Admin (24,000) (23,000) (19,481) 042218 Subscriptions Expense ‐ Admin (20,485) (19,665) (21,757) 042219 Telephone Expense ‐ Admin (18,800) (16,800) (19,142) 042220 Temporary Staff Fees Expense ‐ Admin (25,000) (25,000) (46,587) 042221 Utility Charges Expense ‐ Admin 0 0 0 042222 Vehicle Operating Expense ‐ Admin (15,020) (15,850) (14,338) 042223 Allocations ‐ Admin 2,167,984 2,060,979 2,153,286 042224 Other Employee Expenses ‐ Admin (16,010) (19,700) (21,098) 042225 Computer Equipment ‐ Admin (1,500) (2,000) (2,149) 042226 Other Employee Training Expenses ‐ Admin (27,000) (20,500) (20,543)
Total Expenditure (1,065,171) (1,013,517) (1,033,767)
55 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Law, Order & Public Safety
051302 Contributions Income ‐ Fire 0 0 791 051303 Fire Breaks Installation Income ‐ Fire 500 500 0 051304 Fire Prevention Income ‐ Fire 500 500 250 052302 Ranger Income ‐ Animal 0 0 0 052303 Contributions Income ‐ Animal 1,000 1,000 905 052304 Legal Fees Recoup Income ‐ Animal 0 0 0 052305 Fines & Penalties Income ‐ Animal 300 100 1,700 052306 Registration Income ‐ Animal 21,500 19,500 24,216 052308 Profit on Asset Disposal ‐ Animal 0 4,600 0 053301 Community Grants Income 500 500 500 053302 Other Income 100 0 300 053303 Sale of Impounded Vehicles Income 750 500 1,168
Total Income 25,150 27,200 29,830
051201 Advertising Expense ‐ Fire (500) (500) (440) 051202 Fire Break Installation Expense ‐ Fire (18,000) (18,000) (9,225) 051203 Legal Fees Expense ‐ Fire 0 0 0 051204 Other Expense ‐ Fire 0 0 (153) 051205 Allocations ‐ Fire (2,000) (2,000) (2,004) 052201 Salaries & Wages Expense ‐ Animal (83,265) (77,801) (94,399) 052202 Superannuation Expense ‐ Animal (7,126) (8,737) (7,833) 052203 Staff Training Expense ‐ Animal (1,800) (1,200) 0 052204 Advertising Expense ‐ Animal (2,000) (2,000) 0 052205 Depreciation Expense ‐ Animal (6,017) (6,017) (5,526) 052206 Insurance Expense ‐ Animal (2,779) (3,033) (2,837) 052207 Legal Fees Expense ‐ Animal 0 0 0 052208 Loss on Disposal of Assets ‐ Animal (400) 0 0 052209 Other Expense ‐ Animal (3,200) (5,200) (2,055) 052210 Pound Maintenance Expense ‐ Animal (7,115) (7,568) (6,908) 052211 Printing & Stationery Expense ‐ Animal (1,500) (1,000) (4,009)
56 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Law, Order & Public Safety
052212 Telephone Expense ‐ Animal (1,200) (1,200) (1,057) 052213 Temporary Staff Fees Expense ‐ Animal (8,000) (15,000) (509) 052214 Vehicle Operating Expense ‐ Animal (5,745) (6,950) (5,305) 052215 Allocations ‐ Animal (4,233) (2,938) (4,059) 053201 Community Programs Expense ‐ LOPS (5,500) (5,500) (1,048) 053202 Other Expense ‐ LOPS (1,600) (1,000) (1,934) 053203 Legal Fees Expense ‐ LOPS 0 0 0 053204 Allocations ‐ LOPS (21,910) (21,076) (21,800)
Total Expenditure (183,890) (186,720) (171,102)
57 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Health
072301 Rebate Income ‐ Immunisation 0 0 0 074301 Infringements Income ‐ Inspection 0 0 0 074302 Licence Fees Income ‐ Inspection 17,000 19,000 17,176 074303 Other Charges Income ‐ Inspection 0 0 362
Total Income 17,000 19,000 17,538
071201 Health Clinic Maintenance Expense ‐ Health 0 0 0 071203 Other Expense ‐ Health 0 (500) 0 071204 Telephone Expense ‐ Health 0 (300) 0 071206 Allocations ‐ Health 0 (1,237) (1,292) 072201 Immunisation Expense ‐ Immunisation 0 0 0 072205 Allocations ‐ Immunisation 0 0 0 074201 Salaries & Wages Expense ‐ Inspection 0 (40,632) (0) 074202 Superannuation Expense ‐ Inspection 0 (3,757) 0 074203 Fringe Benefit Tax Expense ‐ Inspection 0 0 0 074204 Staff Training Expense ‐ Inspection 0 (1,200) 0 074205 Staff Telephone Payment Expense ‐ Inspection 0 (500) 0 074206 Advertising Expense ‐ Inspection (1,000) (2,000) 0 074207 Depreciation Expense ‐ Inspection 0 (3,192) (2,659) 074208 Insurance Expense ‐ Inspection (100) (2,532) (2,312) 074209 Legal Fees Expense ‐ Inspection (500) (500) 0 074210 Loss on Disposal of Assets ‐ Inspection 0 0 0 074211 Telephone Expense ‐ Inspection 0 (300) 0 074212 Other Expense ‐ Inspection (87,000) (5,000) (30,670) 074213 Printing & Stationery Expense ‐ Inspection (1,500) (200) (164) 074215 Vehicle Operating Expense ‐ Inspection 0 (1,700) 0 074216 Allocations ‐ Inspection (37,520) (35,915) (37,304) 075201 Other Expense ‐ Pest Control (1,000) (1,000) (656) 076201 Analytical Expense ‐ Preventative (2,400) (2,400) (2,125) 076202 Other Expense ‐ Preventative 0 0 0
Total Expenditure (131,020) (102,865) (77,183)
58 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Welfare
081301 Grants Income ‐ Families 8,000 10,000 15,016 081302 Contributions Income ‐ Families 2,000 2,000 3,605 081303 Pre School Lease Income ‐ Families 16,900 16,773 16,789 084301 Grants Income ‐ Aged 1,000 1,000 2,266
Total Income 27,900 29,773 37,676
081201 Community Programs Expense ‐ Families (20,000) (12,500) (15,984) 081203 Depreciation Expense ‐ Families (9,168) (9,168) (8,419) 081204 Picnics Expense ‐ Families (40,979) (38,116) (40,205) 081205 Pre‐School Expense ‐ Families (5,700) (1,900) (2,880) 081206 Scholarships Expense ‐ Families (4,000) (4,700) (4,500) 081207 Allocations ‐ Families (13,658) (12,984) (13,566) 084201 Community Programs Expense ‐ Aged (36,000) (25,000) (16,608) 084202 SHINE (TAPSS) Expense ‐ Aged (78,432) (76,516) (76,516) 084203 Other Expense ‐ Aged 0 0 0 084204 Allocations ‐ Aged (12,141) (11,541) (12,058)
Total Expenditure (220,078) (192,425) (190,737)
59 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Community Amenities
101301 Tip Pass Income ‐ Refuse 2,500 2,750 2,285 101302 Refuse Collection Charges ‐ Non Rateable Income ‐ Refuse 134,300 132,720 169,966 101303 Refuse Collection Charges (NO GST) Income ‐ Refuse 118,422 116,892 119,948 101304 Refuse Removal Charges Additional Income ‐ Refuse 199,692 197,112 160,580 101305 Fines & Penalties Income ‐ Refuse 200 0 1,800 101306 Profit on Sale of Asset ‐ Refuse 0 0 0 101307 Refuse Removal Charges ‐ Refuse 0 0 0 101308 Refuse Collection Charges (STD) 1,183,044 1,168,116 1,168,452 103301 Other Income ‐ Sanitation 5,000 0 96,263 103303 WMRC Management Fee Income ‐ Sanitation 0 0 0 105301 Grants Income ‐ EP 0 0 0 105303 Other Income ‐ EP 0 0 0 106302 Development Applications Income ‐ TPS 120,000 140,000 134,402 106303 Town Planning Fees Income ‐ TPS 2,500 0 2,569 106304 Profit on Sale of Asset Income ‐ TPS 0 1,725 0 106305 Supervision Fees Income ‐ TPS 0 0 0 107302 Other Income ‐ Other 29,700 31,500 27,493
Total Income 1,795,358 1,790,815 1,883,759
101201 Bulk Refuse Collection Expense ‐ Refuse (350,392) (350,136) (241,820) 101202 Depreciation Expense ‐ Refuse 0 0 0 101203 Domestic Refuse Collection Expense ‐ Refuse (773,284) (752,931) (767,324) 101204 Street Bin Collections ‐ Refuse 0 0 0 101206 Other Expense ‐ Refuse (500) (500) 0 101207 Recycling Program Expense ‐ Refuse (225,136) (222,236) (244,862) 101208 Transfer Station Expense ‐ Refuse (2,250) (2,250) (1,887) 101209 Allocations Expense ‐ Refuse (48,996) (46,578) (48,665) 103202 Other Expense ‐ Sanitation (143,988) (143,684) (144,308) 103203 Parks Gardens Reserves Expense ‐ Sanitation (87,850) (87,850) (97,473) 103204 Allocations ‐ Sanitation (500) (500) (504) 103206 WMRC Allocations ‐ Sanitation 0 0 0 105201 Salaries & Wages Expense ‐ EP (58,498) (67,720) (62,627) 105202 Superannuation Expense ‐ EP (5,389) (6,262) (5,335)
60 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Community Amenities
105203 Fringe Benefit Tax Expense ‐ EP 0 (4,000) (469) 105204 Staff Training Expense ‐ EP (3,200) (1,200) (1,150) 105205 Advertising Expense ‐ EP (200) (200) 0 105207 Depreciation Expense ‐ EP (3,676) (2,402) (3,445) 105208 Insurance Expense ‐ EP (1,969) (3,119) (1,665) 105209 Loss on Disposal of Asset ‐ EP 0 0 0 105210 Other Expense ‐ EP (1,200) (1,500) (957) 105211 Printing & Stationery Expense ‐ EP (200) 0 (126) 105212 Telephone Expense ‐ EP (300) (350) (289) 105213 Vehicle Operating Expense ‐ EP (2,250) (3,530) (1,887) 105214 Jobs Expense ‐ EP (60,454) (45,939) (31,284) 106201 Salaries & Wages Expense ‐ TPS (335,306) (311,680) (293,881) 106202 Superannuation Expense ‐ TPS (36,531) (35,127) (26,628) 106203 Fringe Benefit Tax Expense ‐ TPS (16,300) (14,000) (14,041) 106204 Staff Telephone Payment Expense ‐ TPS (500) (500) 0 106205 Staff Training Expense ‐ TPS (8,500) (6,600) (6,376) 106206 Staff Uniforms Expense ‐ TPS (2,000) (2,500) (791) 106207 Advertising Expense ‐ TPS (2,000) (3,000) (1,146) 106208 Consultants Expense ‐ TPS (50,000) (5,000) (53,479) 106209 Depreciation Expense ‐ TPS (9,588) (9,943) (8,390) 106210 Insurance Expense ‐ TPS (13,530) (12,226) (13,094) 106211 Legal Fees Expense ‐ TPS (20,000) (20,000) (50,303) 106212 Loss on Disposal of asset ‐ TPS 0 0 0 106213 Telephone Expense ‐ TPS (350) (300) (290) 106214 Other Expense ‐ TPS (2,000) (1,000) (982) 106215 Printing & Stationery Expense ‐ TPS (1,200) (1,000) (2,402) 106216 T/Planning Scheme Review Expense ‐ TPS (100,000) (15,000) (21,424) 106217 Temporary Staff Fees Expense ‐ TPS 0 (5,000) (65,091) 106218 Vehicle Operating Expense ‐ TPS (11,210) (8,320) (8,294) 106219 Allocations ‐ TPS (78,148) (71,823) (77,276) 107201 Community Expense ‐ Other Comm (35,308) (35,278) (26,201) 107202 Depreciation Expense ‐ Other Comm (2,395) (2,387) (2,191) 107204 Bus Shelter Expense ‐ Other Comm 0 0 0
Total Expenditure (2,495,098) (2,303,571) (2,328,359)
61 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Recreation & Culture
111301 Alf Adams Pavilion Income ‐ Halls 10,000 0 10,961 111303 David Jones Pavilion Income ‐ Halls 1,500 1,500 971 111304 Memorial Hall Income ‐ Halls 5,000 1,500 5,194 111305 Nash Field Income ‐ Halls 1,552 0 1,552 111306 Oval Income ‐ Halls 24,050 20,050 26,837 111307 Grants Income ‐ Halls 0 0 0 113302 Artesian Ponds Income ‐ Recreation 6,476 6,476 6,476 113303 Grants Income ‐ Recreation 67,500 39,000 96,432 113304 Loan Interest Income ‐ Recreation 4,695 5,433 5,437 113305 Other Income ‐ Recreation 11,500 25,500 39,583 113306 Profit on Sale of Assets ‐ Recreation 7,015 2,150 22,259 113309 Reimbursements No GST Income ‐ Recreation 0 0 10,500 113310 Fed Grants ‐ Recreation 0 0 0 115301 Art Income ‐ Culture 0 0 409 115303 History Books Income ‐ Culture 0 0 0
Total Income 139,288 101,609 226,612
111201 Alf Adams Pavilion Expense ‐ Halls (31,530) (31,735) (20,708) 111202 David Jones Pavilion Expense ‐ Halls (25,406) (26,048) (25,052) 111203 Interest on Loans Expense ‐ Halls (43,621) (45,696) (45,443) 111204 Depreciation Expense ‐ Halls (74,432) (71,749) (68,590) 111205 Memorial Hall Expense ‐ Halls (53,450) (50,407) (42,953) 111207 Allocation Expenses ‐ Halls (5,421) (3,916) (4,092) 113201 Salaries & Wages Expense ‐ Recreation (307,297) (324,220) (317,091) 113202 Superannuation Expense ‐ Recreation (28,310) (29,982) (31,594) 113203 Fringe Benefits Tax ‐ Recreation (6,700) (6,000) (6,614) 113204 Ampfest Expense ‐ Recreation 0 0 0 113205 Artesian Bore Scheme Lease Expense ‐ Recreation (25,000) (25,750) (23,958) 113206 Community Development Expense ‐ Recreation (70,350) (59,600) (64,713) 113207 Interest on Loans Expense ‐ Recreation (4,695) (5,433) (5,437) 113208 Depreciation Expense ‐ Recreation (298,680) (372,990) (355,527) 113209 Other Expense ‐ Recreation (1,000) (1,000) (1,017) 113210 Loss on Disposal of Asset ‐ Recreation (2,509) (6,950) 0 113211 Margaret Baldwin Centre Expense ‐ Recreation (2,549) (2,440) (1,938)
62 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Recreation & Culture
113212 Building Maintenance Expense ‐ Recreation (59,473) (48,111) (56,118) 113214 Reserve Maintenance Expense ‐ Recreation (1,797,579) (1,764,384) (1,756,815) 113215 Temporary Staff Expense ‐ Recreation (5,000) (5,000) 0 113216 Garden Competition Expense ‐ Recreation 0 0 0 113217 Vehicle Operating Expense ‐ Recreation (4,970) (4,960) (5,485) 113218 Allocations Expense ‐ Recreation (115,811) (110,836) (115,128) 113219 Other Expense ‐ Recreation (14,743) (15,927) (17,042) 113220 Capital Funding for Project Expense ‐ Recreation (95,000) (10,000) 0 113221 Staff Training Expense ‐ Recreation (9,800) (7,800) (3,197) 114201 Depreciation Expense ‐ Library 0 0 0 114203 Other Expense ‐ Library (3,000) (2,000) (2,000) 114204 Loan Interest Expense ‐ Library (392,766) (404,962) (403,834) 114205 Regional Library Scheme ‐ Library (687,341) (670,986) (659,860) 114206 Allocation Expenses ‐ Library (5,637) (5,359) (5,600) 115201 Public Art Expenses ‐ Culture (12,000) (14,000) (11,876) 115204 Community Expenses ‐ Culture 0 0 0 115207 Depreciation Expenses ‐ Culture (3,640) (3,638) (3,341) 115209 Arts Donation Expenses ‐ Culture 0 0 0 115210 Allocations Expenses ‐ Culture (26,449) (25,144) (26,271)
Total Expenditure (4,214,159) (4,157,023) (4,081,295)
63 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Transport
121303 MRD Maintenance Grant Income ‐ Construction 26,500 22,000 26,946 121304 Roads to Recovery Funding Income ‐ Construction 37,410 78,441 268,891 121306 Contribution to Road Infrastructure Income ‐ Construction 0 0 2,603 121307 Crossover Construction Income ‐ Construction 500 1,000 0 121308 U/G Power Sevice Charge Interest Income ‐ Construction 0 0 0 122302 Private Works Income ‐ Maintenance 0 29,265 909 122303 Peppermint Grove Mtce Income ‐ Maintenance 0 0 0 122304 Other Income ‐ Maintenance 0 0 0 122307 Sale of Surplus Material Income ‐ Maintenance 0 0 0 122308 Telecom Lease ‐ Depot Income ‐ Maintenance 21,055 20,909 20,909 122309 Other Income (GST Free) ‐ Maintenance 0 0 0 123301 Profit on Sale of Assets ‐ Road Plant 32,261 54,832 33,461 124301 Combined Ranger Income ‐ Parking 0 0 0 124302 Parking Fines Income ‐ Parking 20,000 25,000 18,350 124303 Recoup of Legal Fees Income ‐ Parking 200 300 0 124304 Other Income ‐ Parking 200 200 82
Total Income 138,126 231,947 372,149
121201 Crossovers Expense ‐ Construction (9,478) (7,428) (1,111) 121205 Interest on Loan Expense ‐ Construction (7,379) (7,675) (7,635) 121210 Allocations Expense ‐ Construction (367,221) (349,244) (364,749) 122201 Asset Pickup Expense ‐ Maintenance (4,480) (5,500) 0 122202 Depot Maintenance Expense ‐ Maintenance (68,831) (68,946) (67,153) 122203 Depreciation Expense ‐ Maintenance (686,568) (645,248) (633,451) 122204 Equipment Expense ‐ Maintenance 0 0 0 122206 Peppermint Grove Mtce Expense ‐ Maintenance 0 0 0 122207 WMRC Private Works Expense ‐ Maintenance 0 0 0 122208 Private Works Expense ‐ Maintenance 0 (23,988) 0 122209 Road Maintenance Expense ‐ Maintenance (588,752) (575,143) (482,162) 122210 ROMAN Road Management Expense ‐ Maintenance (10,000) (10,687) (5,877) 122211 Street Cleaning Expense ‐ Maintenance (72,441) (58,267) (35,988) 122212 Street Lighting Expense ‐ Maintenance (164,000) (148,999) (161,060) 122213 Tools General Expense ‐ Maintenance (10,000) (10,000) (13,796)
64 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Transport
122214 Tree Subsidy Scheme Expense ‐ Maintenance 0 0 0 122218 Allocations Expense ‐ Maintenance (635,321) (604,136) (631,041) 123203 Loss on Disposal of Asset ‐ Road Plant (568) (10,388) 0 123204 Allocation Expense ‐ Road Plant (5,885) (5,767) (5,873) 124201 Fines Enforcement Registry Expense ‐ Parking (2,500) (5,000) 0 124203 Legal Fees Expense ‐ Parking (500) (200) 0 124204 Other Expense ‐ Parking (5,000) (2,000) (1,381) 124205 Printing & Stationery Expense ‐ Parking (1,000) 0 0 124206 Staff Training Expense ‐ Parking (500) (1,200) (17) 124207 Telephone Expense ‐ Parking 0 (300) 0 124208 Allocations Expense ‐ Parking (41,065) (39,877) (40,905)
Total Expenditure (2,681,489) (2,579,993) (2,452,200)
65 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Economic Services
133301 BCITF/BRB Commission Income ‐ Building 1,500 1,500 1,715 133303 Building Permits Income ‐ Building 90,000 90,000 99,180 133304 Demolition Permits Income ‐ Building 1,500 1,000 1,900 133305 Inspection Administration Income ‐ Building 20,000 18,000 23,600 133306 Other Services Income ‐ Building 13,000 0 12,250 133307 Profit on Sale of Assets ‐ Building 0 0 0 133309 Sign Licence Income ‐ Building 0 0 0 133310 Swimming Pool Fees Income ‐ Building 10,900 10,000 10,832
Total Income 136,900 120,500 149,477
133201 Salaries & Wages Expense ‐ Building (79,147) (64,594) (77,265) 133202 Superannuation Expense ‐ Building (7,324) (7,859) (6,832) 133203 Fringe Benefit Tax Expense ‐ Building 0 0 0 133204 Staff Telephone Payment Expense ‐ Building (500) (500) 0 133205 Staff Training Expense ‐ Building (5,000) (1,200) (2,474) 133206 Advertising Expense ‐ Building (500) (500) 0 133207 Building Inspections Expense ‐ Building (5,000) (5,000) 0 133208 Depreciation Expense ‐ Building 0 (2,443) 0 133209 Footpath Inspections Expense ‐ Building 0 0 0 133210 Insurance Expense ‐ Building (2,689) (2,517) (2,371) 133211 Legal Fees Expense ‐ Building (10,000) (2,500) (68,449) 133212 Loss on Disposal of Assets ‐ Building 0 0 0 133213 Telephone Expense ‐ Building (100) (300) (43) 133214 Other Expense ‐ Building (2,500) (2,500) (3,225) 133215 Printing & Stationery Expense ‐ Building (1,400) (1,000) (412) 133217 Swimming Pool Inspection Expense ‐ Building (7,000) (5,000) (2,280) 133218 Temporary Staff Fees Expense ‐ Building (236,000) (132,000) (187,490) 133219 Vehicle Operating Expense ‐ Building 0 0 0 133221 Allocations Expense ‐ Building (82,540) (80,885) (83,720) 133222 Unbudgeted Expense as per Council Resolution ‐ Building 0 0 0
Total Expenditure (439,700) (308,798) (434,561)
66 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Other Property & Services
142301 Contrib to Vehicle Fuel Income - Plant Op 0 0 1,525 142302 Diesel Fuel Rebate Income - Plant Op 2,800 2,000 2,694 142303 Insurance Claims Income - Plant Op 0 0 173 143301 Workers Compensation Income - Salaries 0 0 109 142304 Rebate Insurance Premium Income - Plant Op 0 0 0 144301 Commemorative Plaques Income - Unclassified 1,000 0 2,417 144302 Other Income - Unclassified 2,000 0 0 144304 Special Car Reg. Plates Income - Unclassified 0 0 0
Total Inc. 5,800 2,000 6,919
141201 Salaries & Wages Expense - Engineering (483,635) (493,522) (508,854) 141202 Superannuation Expense - Engineering (138,575) (138,775) (139,430) 141203 Fringe Benefit Tax Expense - Engineering (24,400) (22,000) (24,306) 141204 Accrued Staff Leave Expense - Engineering 0 0 26,555 141205 Annual Leave Expense - Engineering (78,597) (64,709) (79,997) 141206 Incentive Scheme Expense - Engineering 0 (9,000) (8,512) 141207 Long Service Leave Expense - Engineering (4,262) 0 (34,028) 141208 Public Holidays Expense - Engineering (40,664) (39,212) (43,251) 141209 Sick Leave Expense - Engineering (26,842) (16,192) (32,493) 141210 Staff Telephone Payment Expense - Engineering 0 0 0 141211 Staff Training Expense - Engineering (28,550) (33,051) (34,736) 141212 Advertising Expense - Engineering (2,000) (5,000) (584) 141215 Health & Safety Expense - Engineering (13,000) (11,000) (13,851) 141216 Insurance Expense - Engineering (107,844) (100,264) (112,391) 141217 Legal Expense - Engineering (2,000) (500) 0 141219 Other Expense - Engineering (11,000) (17,500) (9,427) 141220 Printing & Stationery Expense - Engineering (3,000) (3,000) (4,835) 141221 Protective Clothing Expense - Engineering (14,200) (15,000) (14,883) 141222 Telephone Expense - Engineering (6,500) (7,500) (5,805) 141223 Vehicle Operating Expense - Engineering (17,005) (18,470) (16,041) 141224 Allocations Expense - Engineering (28,714) (21,299) (26,283) Allocation of Overhead to Works Expense - 141225 Engineering 1,031,292 1,015,994 1,080,596
67 TOWN OF MOSMAN PARK INCOME STATEMENT BY PROGRAM FOR THE PERIOD ENDING 30 JUNE 2017
Budget Budget Actual 2017 2016 2016 Other Property & Services
142201 Fuel & Oil Expense - Plant Op (61,000) (72,000) (46,703) 142202 Insurance Expense - Plant Op (14,815) (16,040) (15,900) 142204 Outside Repairs / Services Expense - Plant Op (53,400) (57,600) (49,190) 142205 Parts & Repairs Expense - Plant Op (5,500) (5,500) (32) 142206 Plant Repairs Expense - Plant Op (24,213) (23,367) (7,504) 142207 Registration/Licensing Expense - Plant Op (10,525) (7,305) (6,737) 142208 Plant Recovery Expense - Plant Op 169,453 181,812 126,667 142209 Allocation to Works Expense - Plant Op 0 0 0 143201 Salaries & Wages Expense - Salaries (3,537,369) (3,493,368) (3,624,796) 143202 Salaries & Wages Allocated to Works - Salaries 3,537,369 3,493,368 3,624,796 143204 Workers Compensation Expense - Salaries 0 0 (151) 144201 Other Expense - Unclassified 0 0 0 144202 Regional Co operation Expense - Unclassified (33,652) 0 0 144203 Special Car Regn Plates Expense - Unclassified 0 0 0 144204 Works Unallocated Expense - Unclassified 0 0 0
Total Expenditure (33,148) 0 (2,106)
Net Results (192,362) (34,295) 568,381
68 Capital and Non-Current Budget 2016/2017
TOWN OF MOSMAN PARK CAPITAL BUDGET Funding Source SUMMARY Total Construction Municipal Reserve Govt Other Capital Fund Funds Grants Trade CONSTRUCTION
Building Renewal $504,200 $504,200 $439,200 $65,000 $0 $0 Footpath Construction $72,282 $72,282 $72,282 Other Construction $245,557 $245,557 $177,833 $67,724 $0 $0 Parks Renewal $328,248 $328,248 $12,000 $316,248 $0 $0 Environment Renewal $198,385 $198,385 $165,865 $13,520 $19,000 $0 Road Renewal $239,708 $239,708 $10,715 $194,688 $34,305 $0
SUB-TOTAL $1,588,380 $1,588,380 $877,895 $657,180 $53,305 $0
CAPITAL CAPITAL
Computer Equipment $23,100 $23,100 $23,100 $0 $0 $0 Plant & Equipment $687,500 $687,500 $0 $424,000 $0 $263,500 Transfer to Reserve Funds $306,058 $306,058 $306,058 Transfer to Infrastructure Reserve $783,699 $783,699 $783,699
SUB-TOTAL $1,800,357 $1,800,357 $1,112,857 $424,000 $0 $263,500
TOTAL CAPITAL $3,388,737 $3,388,737 $1,990,752 $1,081,180 $53,305 $263,500
TOWN OF MOSMAN PARK CAPITAL WORKS BUDGET BUILDING RENEWAL
Job Funding Source Number Description Total Capital Municipal Infrastructure Govt Other Fund Reserve Grants
BP0001 Administration Centre 47,000 47,000 47,000 0 0 0 BP0002 Alf Adams Pavilion 0 0 0 0 0 0 BP0003 Chidley Point Toilets 0 0 0 0 0 0 BP0004 Child Health Clinic 0 0 0 0 0 0 BP0005 David Jones Pavilion 110,000 110,000 110,000 0 0 0 BP0006 Depot Building 0 0 0 0 0 0 BP0007 Jabe Dodd Toilets 0 0 0 0 0 0 BP0008 Margaret Baldwin Centre 28,000 28,000 28,000 0 0 0 BP0009 Memorial Hall 69,200 69,200 69,200 0 0 0 BP0010 Minim Cove Toilets 0 0 0 0 0 0 BP0011 Nash Field Pavilion 65,000 65,000 0 65,000 0 0 BP0012 Pre School Centre 7,000 7,000 7,000 0 0 0 BP0013 Canoe Club 0 0 0 0 0 0 BP0014 Golf Club 18,000 18,000 18,000 0 0 0 BP0015 Golf Club Residence 18,000 18,000 18,000 0 0 0 BP0016 Bowling Club 115,000 115,000 115,000 0 0 0 BP0017 Minim Cove Tennis Courts 4,000 4,000 4,000 0 0 0 BP0021 Men's Shed 0 0 0 0 0 0 BP0022 Leighton Battery 23,000 23,000 23,000 0 0 0 BP0023 Buckland Hill Tennis Courts 0 0 0 0 0 0
TOTAL $504,200 $504,200 $439,200 $65,000 $0 $0
69 Capital and Non-Current Budget 2016/2017
TOWN OF MOSMAN PARK CAPITAL WORKS BUDGET FOOTPATH CONSTRUCTION
Job Funding Source Number Description Total Capital Municipal Infrastructure Govt Other
FC0002 McCabe Street Footpath - Rocky Bay 41,380 41,380 41,380 FC0001 Mann oval Footpath 21,648 21,648 21,648 FC00XX Colonial Gardens Decking 9,254 9,254 9,254 TOTAL $72,282 $72,282 $72,282
TOWN OF MOSMAN PARK CAPITAL WORKS BUDGET OTHER CONSTRUCTION
MAINTENANCE Funding Source Total Capital Municipal Infrastructure Govt Other PLANT OPERATION Fund Reserve Grants
OC0003 River Walls and Jetties 73,605 73,605 73,605 0 OC0008 Johnston Street Boat Ramp - Design 16,211 16,211 16,211 0 0 0 OC0008 Johnston Street Boat Ramp - Dredging 67,724 67,724 0 67,724 0 OC0010 Sump Rationalisation 19,000 19,000 19,000 0 0 OC0011 Dinghy Storage and Management 11,267 11,267 11,267 0 OC00 Drainage data network 57,750 57,750 57,750 TOTAL $245,557 $245,557 $177,833 $67,724 $0 $0
TOWN OF MOSMAN PARK CAPITAL WORKS BUDGET PARKS CONSTRUCTION Funding Source Job No DESCRIPTION Total Capital Municipal Infrastructure Govt Other Fund Reserve Grants
GC0011 GARUNGUP PARK - fence rewiring 12,000 12,000 12,000 0 GC0002 Drinking Fountain upgrades 17,885 17,885 0 17,885 GC0014 Memorial Pine Trees - Maintenance 9,050 9,050 0 9,050 0 GC0022 Priority Parks BBQ Replacement 36,898 36,898 0 36,898 GC00 NEW EXERCISE EQUIPMENT 54,682 54,682 0 54,682 0 GC00 Street Tree Inventory - Stage 1 11,000 11,000 0 11,000 0 GC00 Dragon Fly Maintenance 10,500 10,500 0 10,500 0 GC00 Play ground Replacement - Brown Park 50,000 50,000 0 50,000 GC00 MINIM COVE COOLING PONDS - RELINING 67,000 67,000 0 67,000 GC00 MOSMAN BEACH OCEAN POOL CONCEPT 5,000 5,000 0 5,000 GC00 RETICULATION UPGRADES 24,938 24,938 0 24,938 GC00 TOM PERROTT OVAL LIGHTING DESIGN 4,800 4,800 0 4,800 GC00 MT LYALL GAZEBO RENEWAL 6,495 6,495 0 6,495 GC00 FINAL 3 FLOW METRES 18,000 18,000 0 18,000
TOTAL $328,248 $328,248 $12,000 $316,248 $0 $0
70 Capital and Non-Current Budget 2016/2017
TOWN OF MOSMAN PARK CAPITAL WORKS BUDGET Environment Construction Funding Source Job No DESCRIPTION Total Capital Municipal Infrastructure Govt Other Fund Reserve Grants
EC0002 BAY VIEW PARK 12,730 12,730 12,730 0 EC0005 BUCKLAND HILL 25,290 25,290 25,290 0 EC0006 Johnston Street Boat Ramp - Dredging 34,260 34,260 34,260 0 EC0011 GARANGUP PARK 34,185 34,185 34,185 0 EC0021 MOSMAN BEACH 44,900 44,900 25,900 0 19,000 EC0024 MINIM COVE PARK UPGRADE 13,760 13,760 13,760 0 0 EC0033 POINT ROE PARK 19,740 19,740 19,740 0 0 EC00XX BIRD PARK 0 0 0 EC00XX MONUMENT HILL 13,520 13,520 0 13,520
TOTAL $198,385 $198,385 $165,865 $13,520 $19,000 $0
TOWN OF MOSMAN PARK CAPITAL WORKS BUDGET ROAD PRESERVATION Funding Source JOB DESCRIPTION Total Capital Municipal Infrastructure Govt Other NO Fund Reserve Grants
RP00 Healing Lane 34,305 34,305 0 0 34,305 RP00 Lochee St - Monument to Solomon 72,436 72,436 0 72,436 0 RP00 Owston Street Bvt to Wellington 91,451 91,451 0 91,451 0 RP00 Car Park Preservation - Bowls Lighting 25,951 25,951 0 25,951 0 RP00 Street lighting upgrades - 4,850 4,850 0 4,850 0 RP00 Upgrade at Shopping Hubs-Wellington st and Gylde 10,715 10,715 10,715 0 0
TOTAL $239,708 $239,708 $10,715 $194,688 $34,305 $0
TOWN OF MOSMAN PARK CAPITAL ACQUISITIONS BUDGET Funding Source Ledger DESCRIPTION Total Capital Municipal Computer Govt Other Fund Reserve Grants
Purchase of Computers - Admin 23,100 23,100 23,100 TOTAL $23,100 $23,100 $23,100 $0 $0 $0
71 Capital and Non-Current Budget 2016/2017
TOWN OF MOSMAN PARK CAPITAL ACQUISITIONS BUDGET Funding Source Ledger DESCRIPTION Total Capital Non Municipal Plant Govt Other Recurrent Fund Reserve Grants (Trade) VEHICLES 042404 Holden Calais (CEO) $46,000 $46,000 $22,000 $24,000 042404 Holden Calais (EMCS) $46,000 $46,000 $22,000 $24,000 113405 Suzuki Vitara Wagon (MCD) $30,000 $30,000 $17,000 $13,000 052401 Ford Ranger Utility (Ranger) $28,000 $28,000 $13,000 $15,000 123402 Hyundai I30 (CLO) $20,000 $20,000 $10,000 $10,000 TOTAL VEHICLES $170,000 $170,000 $0 $0 $84,000 $0 $86,000
PLANT & EQUIPMENT 113405 PARKS AND GARDENS Subaru Impreza (PM) $30,000 $30,000 $15,000 $15,000 Falcon Utility (Retic) $27,000 $27,000 $12,000 $15,000 Ford Ranger Crewcab $26,500 $26,500 $12,500 $14,000 Ford Ranger Crewcab $30,000 $30,000 $18,000 $12,000 Ford Ranger Crewcab $30,000 $30,000 $18,000 $12,000 Ford Ranger Traytop Utility $27,000 $27,000 $15,000 $12,000 Ford Ranger Supercab ECO $28,000 $28,000 $13,000 $15,000 Ride on Mower $15,000 $15,000 $11,000 $4,000 Trailer $2,000 $2,000 $2,000 $0 123402 WORKS Subaru Forester Wagon (OE) $30,000 $30,000 $16,500 $13,500 Komatsu Backhoe $150,000 $150,000 $110,000 $40,000 Mitsubishi Fuso Canter Truck $60,000 $60,000 $40,000 $20,000 Skid Steer Loader $50,000 $50,000 $45,000 $5,000 Vibro Rammer $2,000 $2,000 $2,000 $0 Aussie Tandem Trailer $10,000 $10,000 $10,000 $0
TOTAL PLANT $517,500 $517,500 $0 $0 $340,000 $0 $177,500
TOTAL VEHICLES PLANT & EQUIPMENT $687,500 $687,500 $0 $0 $424,000 $0 $263,500
72 Fees and Charges 2016/2017
1/07/2015 1/07/2016 GST ITEM Act/Local Fee Charge Fee Charge Applies Law Policy not including not including GST GST $ $ FREEDOM OF INFORMATION Application charge FOI Act 1992 30.00 30.00 No Charge for time taken by staff dealing with application (Per hour, or pro rata for a part of hour) 30.00 30.00 No Pensioner ( fee reduced) 25% 25% No
ADMINISTRATION CHARGES Photocopying B/W A4 size per side LG Act S 6.16 0.45 0.45 Yes Photocopying Colour A4 size per side 0.65 0.65 Yes Photocopying B/W A3 size per side 1.00 1.00 Yes Photocopying Colour A3 size per side 1.45 1.45 Yes Photocopying A2 4.40 4.45 Yes Photocopying A1 5.25 5.30 Yes Photocopy Council Agenda 36.60 37.00 Yes Council Minutes (Feb-Dec ) 210.00 212.30 Yes Sending Facsimile – Per Page 7.00 7.10 Yes Use of Plan Printer for Council Plans (per copy) 2.10 2.10 Yes Use of Plan Printer for Owner Plans (per copy) 2.10 2.10 Yes Search Fee Admin Officer Council Records Per Hour 73.20 74.00 Yes Search Fee Senior Officer Council Records Per Hour 83.65 84.55 Yes Local Laws Free Free No Total Estimated Revenue
PROFESSIONAL FEES CEO Professional Fees LG Act S 6.16 168.00 170.00 Yes EXEC Manager Professional Fees 126.00 127.50 Yes Senior Officer Professional Fees 84.00 85.00 Yes Officer / Administration Fees New Fee 68.00 Yes Total Estimated Revenue
RATES Rate instalment Administration fee LG Act s6.16 18.30 21.00 No Late instalment Administration fee 33.35 33.70 No Debt Recovery Administration Fee 66.65 67.40 Yes Property searches (2 up to 5) 20.00 20.20 No Property searches (6 up to 19) 26.70 27.00 No Property searches (20 and above) each 1.35 1.35 No Reprint of Rates Notice (Each) 16.40 16.60 No Property Account Enquiry 36.35 36.75 No Property Information Enquiry (Must be in writing) 145.60 147.20 No Total Estimated Revenue
73 Fees and Charges 2016/2017
1/07/2015 1/07/2016 GST ITEM Act/Local Fee Charge Fee Charge Applies Law Policy not including not including GST GST $ $ FIRE CONTROL Firebreaks Order (LG does work) Bush Fires Act Full cost recovery Full cost recovery Yes Total Estimated Revenue Policy 2.1.2(4)
ANIMAL CONTROL Dog Registration - 1 year Unsterilised Dog Act 1986 50.00 50.00 No - 1 year Sterilised 20.00 20.00 No - 3 year Unsterilised 120.00 120.00 No - 3 year Sterilised 42.50 42.50 No - Lifetime Sterilised 100.00 100.00 No - Lifetime Unsterilised 250.00 250.00 No - Pensioner (50%) 50% of Charge 50% of Charge No - Certified Copy of Each Entry in Dog Register 1.50 1.50 No Replacement Dog Tag 7.50 7.50 No Seizure and return of Dog Local Law 119.40 120.70 No Seizing and Impounding a Dog 119.40 120.70 No Transporting a Seized Dog to its Owner 47.80 48.30 No Sustenance and Maintenance of an Impounded Dog 41.50 41.95 Yes Destruction of a Dog 142.10 Full cost recovery No Application for 2 + dogs LG Act S6.16 167.30 169.15 Yes Total Estimated Revenue
Cat Registration - 1 year Sterilised Cat Act 2013 20.00 20.00 No - 3 year Sterilised 42.50 42.50 No - Lifetime 100.00 100.00 No - Pensioner (50%) 50% of Charge 50% of Charge No - Certified Copy of Each Entry in Cat Register 1.50 1.50 No Replacement Cat Tag 7.50 7.50 No Seizure and return of Cat Local Law 119.40 120.70 No Seizing and Impounding a Cat 119.40 120.70 No Transporting a Seized Cat to its Owner 47.80 48.30 No Sustenance and Maintenance of an Impounded Cat 41.50 41.95 Yes Destruction of a Cat 142.10 Full cost recovery No Application for 2 + Cats LG Act S6.16 167.30 169.15 Yes Total Estimated Revenue
PARKING CONTROL Abandoned Vehicles - Impounding Fee (Per day) LG Act Part 3 Full cost recovery Full cost recovery No - Towing Fee Subdivision 4 Full cost recovery Full cost recovery No
Parking Permits First Parking Permit per property - annual Nil Nil Second Parking Permit per property - annual max 2 New Fee 10.00 Heritage Property NO onsite parking. 2nd permit - annual Half of ordinary fees Half of ordinary fees Total Estimated Revenue
74 Fees and Charges 2016/2017
1/07/2015 1/07/2016 GST ITEM Act/Local Fee Charge Fee Charge Applies Law Policy not including not including GST GST $ $ HEALTH Miscellaneous Inspection Reports Health Act 1911 100.00 145.00 per hour Yes Miscellaneous Health Reports 65.00 145.00 per hour Yes Hair Dresser/Skin Pentration inspection fee (Annual) NEW 50.00 No Water Sampling-Aquatic Facitlity Fee (Per Health (Aquatic 60.00 No inspection/sample min. 12 per year) Facilities) Regulations 07
Temporary Food Businesses fees Registration application (non-charitable organisations) - Food Act 2008 154.00 No S109 Food Act 2008 NEW Registration application (charitable organisations) - S109 No cost No Food Act 2008 NEW Notification of conduct of a food business - S107 Food 55.00 No Act 2008 NEW Inspection Fee (per day) NEW 25.00 No Inspection Fee (7 day) NEW 90.00 No Inspection fee (Monthly) NEW 210.00 No Inspection (6 monthly) NEW 675.00 No
Food Business Fees Application assessment fee - Alter, Construct or Establish Food Act 2008 154.50 145.00 No Notification Fee - S107 Food Act 2008 51.50 55.00 No Registration of a new business - S109 Food Act 2008 NEW 154.00 No
Annual Risk Assessment/Inspection High Risk - Classification Food Act 2008 412.00 450.00 No Medium Risk - Classification 360.50 360.50 No Low Risk - Classification 206.00 206.00 No Very Low Risk - Classification 0.00 100.00 No Re-inspection fee - Improvement Notice 103.00 100.00 No
Liquor Licencing and Gaming Section 39 Certificate Liquor Control 113.30 145.00 No Section 55 Certificate 46.35 145.00 No Extended Trading Permit Application Fee or Other 145.00 No Temporary Licence Application Fee (commercial premises) NEW Gaming Certificate - (Commercial organisations) NEW 145.00 No Gaming Certificate - (Charitable organisations) NEW 0.00 No
Public Buildings Public Building Certificate - New - High Risk Building) 175.10 830.00 No Public Building Certificate - New - Medium Risk Regulations 175.10 600.00 No Public Building Certificate - New - Low Risk 1992 175.10 400.00 No Public Building Certificate - Reissue (Administration fee) 25.75 35.00 No Public Building Certificate - Temporary/public events NEW 145.00 per hour No Public Building Inspection Fee - non food related 145.00 No businesses NEW Public Building Inspection Fee - food related businesses NEW 0.00 No Application to alter an existing public building (excludes Public events) up to 832.00 145.00 No
75 Fees and Charges 2016/2017
1/07/2015 1/07/2016 GST ITEM Act/Local Fee Charge Fee Charge Applies Law Policy not including not including GST GST $ $ HEALTH Environmental Noise Pollution 200.00 No Application Fee Regulation 13 - Out of hours construction Environmental NEW Application Fee Regulation 18 - Exemption for non- Protection 1000.00 No complying event 500.00 Written noise report 1997 100.00 145.00 per hour Yes Assessment Non-Local Government Noise Management 500.00 No Plan NEW
Effluent disposal and greywater applications Application for the approval of an apparatus by local Health 118.00 No government under regulation 4 (Treatment of Sewage and Disposal of Effluent and Liquid Waste) Regulations 1974 113.00 Fee for the grant of a permit to use an apparatus under 118.00 No regulation 10(2) 113.00 Local Government Report Fee (Septic Tanks and Aerobic Local Law 35.00 No Treatment Units) 113.00
Lodging Houses Annual Fee for Registration of a Lodging House Health Act 1911 185.40 200.00 No
Fireworks Fireworks application Assessment - plus other event fees LG Act S6.16 171.30 200.00 Yes
Orders and Requisitions Health Only - Settlement Enquiry (Administration fee) Health Act 1911 51.50 51.50 Yes Total Estimated Revenue
76 Fees and Charges 2016/2017
1/07/2015 1/07/2016 GST ITEM Act/Local Fee Charge Fee Charge Applies Law Policy not including not including GST GST $ $ TOWN PLANNING Development Application (up to $50,000) Planning and 147.00 147.00 No Development Application ($50,001 - $500,000) Development 0.32% of 0.32% of No Regulations estimated cost estimated cost Development Application (500,001 - $2.5 Million) 2009 $1,700 + 0.257% for $1,700 + 0.257% for No every $1 in excess every $1 in excess of $500,000 of $500,000 Development Application ($2.5 Million - $5 Million) $7,161 + 0.206% for $7,161 + 0.206% for No every $1 in excess every $1 in excess of $2.5m of $2.5m Development Application ($5 Million - $21.5 Million $12,633 + 0.123% $12,633 + 0.123% No for every $1 in for every $1 in excess of $5m excess of $5m Development Application (more than $21.5 Million) 34,196.00 34,196.00 No Development Application where the development has Three times the Three times the already commenced fee above fee above Development Application (extractive industry) 739.00 739.00 No Development Application (extractive industry) where Three times the Three times the the development has commenced fee above fee above Assessment of amended approved plans NEW 295.00 No Subdivision Clearance (not more than 5 lots) 73.00 per lot 73.00 per lot No Subdivision Clearance (more than 5 but not more than 73.00 per lot for first 73.00 per lot for first No 195 lots) 5 lots plus 35.00 5 lots plus 35.00 per lot thereafter per lot thereafter Subdivision Clearance (more than 195 lots) 7,393.00 7,393.00 No Home Occupation Approval (Initial Application) 222.00 222.00 No Home Occupation Approval (After commenced) 666.00 666.00 No Home Occupation renewal before expiry 73.00 73.00 No Home Occupation renewal after expiry 219.00 219.00 No Change of Use/Non conforming Use 295.00 295.00 No Change of Use/Non conforming Use (Retrospective) 885.00 885.00 No Zoning Certificate 73.00 73.00 No Replying to property settlement questionaire 73.00 73.00 No Providing written planning advice 73.00 73.00 No Scheme amendments advice (officer time) as per regulations as per regulations No Structure plans advice (officer time) as per regulations as per regulations No Scheme Text LG Act S6.16 7.35 7.45 Yes Scheme Maps A3 Black & White 1.35 1.35 Yes Scheme Maps A3 Colour 3.30 3.35 Yes R Codes per page 0.40 0.40 Yes Rezoning/TPS Amendment Charge Full cost recovery Full cost recovery Yes Advertising of applications - Letters to affected parties NEW $130.00 minimum Yes Advertising of applications - Newspaper advertisement NEW Full cost recovery Yes Advertising of applications - Sign on site NEW Full cost recovery Yes Assessing Building Permits for planning exemption - 0.00 Yes Identify first variation NEW Assessing Building Permits for planning exemption - 400.00 Yes Identify all variations NEW Section 40 Certificate Liquor Control 46.35 130.00 Yes Act 1988 Total Estimated Revenue
77 Fees and Charges 2016/2017
1/07/2015 1/07/2016 GST ITEM Act/Local Fee Charge Fee Charge Applies Law Policy not including not including GST GST $ $ BUILDING CONTROL Certified application for a building permit (s. 16(1)(a) : For Building Act building work for a Class 1 or Class 10 Building or 2011 Section Incidental Structure. 0.19% of the estimated value of the 149 (2) building work as detmined by the relevant permit authority, but not less that $90 95.00 96.00 No Certified application for a building permit (s. 16(1)(a) : For building work for a Class 1 or Class 10 Building or Incidental Structure. 0.09% of the estimated value of the building work as detmined by the relevant permit authority, but not less that $90 95.00 96.00 No Uncertified application for a building permit (s. 16(1)(a)): 0.32% of the estimated value of the building work as determined by the relevant permit authority, but not less than $90. 95.00 96.00 No Application for a Demolition Permit (s. 16(1)(a)) : for demolition work in respect of a Class 1 or Class 10 building or Incidental Structure 95.00 96.00 No Application for a Demolition Permit (s. 16(1)(a)) : for demolition work in respect of a Class 2 to Class 9 building. 95.00 96.00 No Application to extend the time during which a demolition permit has effects (s. 32(3)(f)) 95.00 96.00 No Application for an occuplany permit for a completed building (s. 46) 95.00 96.00 No Application for a temporary occupancy permit for an incomplete building (s. 47) 95.00 96.00 No Applicatin for modification of an occupancy permit for additional use of a building on a temporary basis (s48) 95.00 96.00 No Application for a replacement occupancy permit for permanent change of the building's use, classification (s. 49) 95.00 96.00 No Application for an occupancy permit or building approval certificate for registration of strata scheme, plan of re- subdivision (s. 50(1) and (2)) : $10.60 for each strata unit covered by the application but not less than $105.80 104.65 105.80 No Application for an occcupancy permit for a building in respect of which unauthorisded work has been done (s. 51(2)) 0.18% of the estimated value of the unauthorised work as determined by the relevant permit authority, but not less than $90 95.00 96.00 No
78 Fees and Charges 2016/2017
1/07/2015 1/07/2016 GST ITEM Act/Local Fee Charge Fee Charge Applies Law Policy not including not including GST GST $ $ BUILDING CONTROL (continued) Application for a building approval certificate for a building Building Act in repsect of which unauthorised work has been done (s. 2011 Section 51(3)) : 0.38% of the estimated value of the unauthorised 149 (2) work as determined by the relevant permit authority but not less than $90 95.00 96.00 No Application to replace an occupancy permit for an existing building (s. 52(1)) 95.00 96.00 No Application for a building approval certificate for an existing building where unauthorised work has not been done (s. 52(2)) 95.00 96.00 No Application to extend the time during which an occupancy permit has effect (s. 65(3)(a)) 95.00 96.00 No Application to extend the time during which a building approval certificate has effect (s. 65(3)(a)) 95.00 96.00 No Building Services Levy - Building Permit Under $45,000 - Flat Cost 61.65 61.65 No Building Services Levy - Building Permit Over $45,000 - 0.137% of work value No Building Services Levy - Demolition Permit Under $45,000 - Flat Cost 61.65 61.65 No Building Services Levy - Demolition Permit Over $45,000 - 0.137% of work value No Building Services Levy - Occupancy Permit - Flat Cost 61.65 61.65 No Building Services Levy - Building Approval Certificate - Flat Cost 61.65 61.65 No Building Services Levy - Unauthorised Building Certificate Under $45,000 - Flat Cost 123.30 123.30 No Building Services Levy - Unauthorised Building Certificate Over $45,000 - 0.274% No Application as defined in regulation 31 NEW 2123.00 No Swimming Pool (SP) Inspection Fee 14.40 14.40 No SP Infringements (Modified Penalty after notice served) LG Act S6.16 250.00 250.00 No SP Non Scheduled Inspection (ie. Pre Purchase) 57.60 58.20 No Request for copy of House Plans 50.00 50.50 No Compliance Inspection Fee 121.15 122.50 Yes Sale of Building Return Permits 67.95 68.70 Yes Unauthorised Building Inspection Fee 197.50 200.00 Yes Building regulations consultancy advice $120 / hour $150 / hour Yes 2 Strata Title Fees (.20c per m Minimum $100.00) Strata Titles Act 100.00 Minimum 100.00 Minimum No BCITF Levy Commission (per transaction) BCITF 7.50 7.50 Yes BRB Levy Commission (per transaction) BRB 5.00 5.00 Yes Total Estimated Revenue
79 Fees and Charges 2016/2017
1/07/2015 1/07/2016 GST ITEM Act/Local Fee Charge Fee Charge Applies Law Policy not including not including GST GST $ $ HALL HIRE Alf Adams Pavilion – Community/Commercial Organisations use Only. Not for Private Function Hire Mosman Park Non-Profit Community Organisations LG Act S6.16 15.70 15.90 Yes
Other Community/Commercial Organisations Hourly rate for hire of the Hall LG Act S6.16 31.35 31.70 Yes Total Estimated Revenue
RECREATION Gibbon Tennis Courts Usage (Application fee) LG Act S6.16 10.00 10.00 Yes Gibbon Tennis Courts Key Bond 10.00 50.00 No Gibbon Tennis Courts Power Tokens (1 hour per token) 6.00 6.00 Yes Total Estimated Revenue
Hourly and Daily rates of hire for Reserves Hourly Reserve Hire Each (7.00am to 6.00pm) LG Act S6.16 62.20 62.90 Yes Daily Reserve Hire Each (9.00am to 5.00pm) 469.50 474.65 Yes Hourly Reserve Hire Each (7.00am to 6.00pm) Weekend 93.30 94.35 Yes Daily Reserve Hire Each (9.00am to 5.00pm) Weekend 704.25 712.00 Yes Deposit Each Reserve(Bond) sporting event 225.00 227.50 No Deposit Each Reserve(Bond) public event up to 5000.00 up to 5000.00 No Mann Oval lights Usage per hour 20.50 20.75 Yes Mann Oval Lights key Bond 50.00 50.00 No Personnal Fitness/Dog Training per hour 34.50 34.90 Yes Personnal Fitness/Dog Training per annum 690.00 698.00 Yes Total Estimated Revenue
Annual Charges – Mann, Davis Ovals and Tom Perrott Reserve including use of Alf Adams Pavilion M/Park Jnr Football Club Incl Mann Oval Light Usage LG Act S6.16 Nil Nil No Mosman Park Jnr Cricket Club Nil Nil No Education Department Mann Oval hire MP Primary 2189.95 2214.00 Yes Western Knights Soccer Club (Davis Oval only) Nil Nil No Cricket Association POA POA Yes Total Estimated Revenue
Fees for Events Application Fee - Small Community Event LG Act S6.16 52.25 52.85 Yes Application Fee - Large Community Event (over 1000) 209.10 211.40 Yes Application Fee - Private Event (30 plus people) 300.00 303.30 Yes Bin Hire and disposal for Public Events each 240lt 27.75 28.05 Yes Event Fee is to be as per the Reserve Hire Fees See Recreation See Recreation Total Estimated Revenue
BANNER POLES Installing banners on poles LG Act S6.16 Full cost recovery Full cost recovery Weekly hire rate for commercial purposes per pole 100 101.10 Yes Total Estimated Revenue
80 Fees and Charges 2016/2017
1/07/2015 1/07/2016 GST ITEM Act/Local Fee Charge Fee Charge Applies Law Policy not including not including GST GST $ $ ENGINEERING Crossovers and Footpaths (Concrete and Asphalt) Ratepayers Minimum charge up to 3m2 LG Act S6.16 477.15 482.40 Yes Concrete Quantity > 3m2 < 10m2. Minimum charge plus Policy 11.2.2 477.15 482.40 $82.15 per m2 or part thereof + 81.25 per m2 + 82.15 per m2 Yes Concrete Quantity greater than 10m2. Minimum charge 477.15 482.40 plus $71.00 per m2 or part thereof + 70.25 per m2 + 71.00 per m2 Yes Asphalt (construct) Quantity up to 3m2. Minimum charge 477.15 482.40 plus $88.75 per m2 or part thereof + 87.80 per m2 + 88.75 per m2 Yes Asphalt (resurface) Quantity greater than 3m2. Minimum 477.15 482.40 charge plus $59.95 per m2 or part thereof + 59.30 per m2 + 59.95 per m2 Yes Closure of right of way-Initial Application 209.10 211.40 Closure of right of way - Administration Fee 209.10 211.40
Crossovers and Footpaths (Concrete and Asphalt) Non- Ratepayers Minimum charge up to 3m2 LG Act S6.16 541.55 547.50 Yes Concrete Quantity greater than 3m2. Minimum charge Policy 11.2.2 541.55 547.50 plus $94.95 per m2 or part thereof + 93.90 per m2 + 94.95 per m2 Yes Asphalt (construct) Quantity greater than 3m2. Minimum 541.55 547.50 charge plus $100.55 per m2 or part thereof + 99.45 per m2 + 100.55 per m2 Yes Asphalt (resurface) Quantity greater than 3m2. Minimum 541.55 547.50 charge plus $73.25 per m2 or part thereof + 72.45 per m2 + 73.25 per m2 Yes
Footpaths - Slabs (m2) LG Act S6.16 114.15 115.40 Yes - Brickpaving (m2) Policy 11.2.2 132.70 134.15 Yes Construction works carried out for other councils (Private Full Cost Recovery Full Cost Recovery Yes Works) + 15% + 15% Construction works carried out for local residents (Private Full Cost Recovery Full Cost Recovery Yes Works) + 10% + 10%
Kerbing - Extruded (Per Linear Metre) <15m LG Act S6.16 95.05 96.10 Yes - Extruded (Per Linear Metre >15m Policy 11.2.2 71.00 71.80 Yes Verge Reinstatement (per linear metre) P.O.A P.O.A Yes Right of Way Construction Application from public. (If LG Act S6.16 50% of standard 50% of standard Yes Approved by Council) Policy 2.2.3 total cost total cost Affixing of Memorial Park Wall Plaques Policy 4.1.8 Free Free Total Estimated Revenue
81 Fees and Charges 2016/2017
1/07/2015 1/07/2016 GST ITEM Act/Local Fee Charge Fee Charge Applies Law Policy not including not including GST GST $ $ ENGINEERING Bonds – Footpath & Kerbing Verge Bond Application and Inspection Administration Fee LG Act S6.16 214.95 217.30 Yes Verge Damage Fee - Refundable [bond] Per relevant 5000.00 No Approval - flat fee *application structure changed 331.55 Verge Damage Fee - Refundable [bond] Minim Cove/ 7000.00 No Mosman Waters or Multiple frontages. Per relevant Approval - flat fee *application structure changed 397.85 Additional Inspection fee [First inspection included in Admin] 120.00 121.30 Yes Total Estimated Revenue ACTIVITIES ON THOROUGHFARES & TRADING IN PUBLIC PLACES Traders Application Assessment Fee 101.40 102.50 No Traders Permit (Daily) NEW 25.00 No Traders Permit (Weekly) NEW 105.00 No Traders Permit (Monthly) 420.00 252.00 No Traders Permit (6 months) NEW 907.00 No Street Entertainers Permit 72.25 35.00 No Outdoor Eating Facilities on Public Places Permit Application 277.85 145.00 No Outdoor Eating Facilities on Public Places permit renewal 138.90 140.40 No Outdoor Eating Facilities on Public Places Permit Annual Fee 138.90 per m2 145.00 No General Activities Permit - all other 150.00 150.00 No General Activities Permit - for verge storage > 1 week Nil Nil Application for Road Closure - Traffic Management Audit for Private works or event Full cost recovery Full cost recovery Yes For not-for profit or community events Nil Nil No Use of verge/nature strip - building materials, skip bins, storage etc - Weekly [first week included in general 50.00 No application fee - all others] 50.00 Return of Shopping Trolleys (< 6 trolleys) 77.80 78.70 No Daily Storage Fee for shopping trolley or sign 5.25 5.30 No Possession/Consumption of Liquor on Thoroughfare Permit 31.35 31.70 No Driving On Closed Thoroughfare Permit No Charge No Charge No Registered Verge - Annual Fee & replacement LG Act S6.16 30.00 30.00 No Accelerated / Priority permit approval (< 1 working week) LG Act S6.17 New Fee 170.00 No Total Estimated Revenue
Signs, Hoardings & Billposting - Initial Application Signs 120.00 120.00 No - Application for unauthorised signs Local Laws 240.00 240.00 No - Inspection Fee 55.00 55.00 No Impounding Signs 104.55 105.70 No Total Estimated Revenue
82 Fees and Charges 2016/2017
1/07/2015 1/07/2016 GST ITEM Act/Local Fee Charge Fee Charge Applies Law Policy not including not including GST GST $ $ MISCELLANEOUS ITEMS Rat Bait Policy 1.3.5 Free Free No Second-hand 2x2 precast concrete slabs LG Act S6.16 1.75 1.75 Yes Construction Materials Policy 11.2.5 Full cost recovery Full cost recovery Yes Green Waste Bags LG Act S6.16 5.00 5.00 Yes Directional Signage Full cost recovery Full cost recovery Yes Old Street Signs 28.65 29.00 Yes Key Bond for park access LG Act S6.16 New Fee 50.00 Yes Registered Verge Signs Policy 11.2.6 Full cost recovery Full cost recovery Yes Affixing of Commemorative Plaques LG Act S6.16 186.35 188.40 Yes Total Estimated Revenue
DINGHY STORAGE Dinghy Storage per facility Policy 1.3.5 130.00 130.00 No Total Estimated Revenue
WASTE MANAGEMENT Tip passes General Waste - each LG Act S6.16 54.00 54.00 No Tip passes Green waste - each LG Act S6.16 25.00 25.00 No Tip passes - Community groups, limit of 2 green & 2 No Nil general Nil Green waste bags LG Act S^.16 5.00 5.00 Yes
Arts Award - Photographic (Youth, 21 and under) LG Act S6.16 Free Free No - Photographic (Open, over 21) 10.00 10.00 Yes - Commission Sales 25% 25% 25% Yes Total Estimated Revenue
Entry Fees to Council Run Activities - Schedule 1 LG Act S6.16 5.00 5.00 Yes - Schedule 2 10.00 10.00 Yes - Schedule 3 15.00 15.00 Yes - Schedule 4 20.00 20.00 Yes - Schedule 5 25.00 25.00 Yes Total Estimated Revenue
83