Wollongong City Council 2004-05 Annual Report Contents Executive Summary the Annual Report Is Our Key Accountability Document
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wollongong city council 2004-05 annualreport wollongong city council 2004-05 annual report contents Executive summary The annual report is our key accountability document. It Snapshot of Results represents our full commitment to open and honest disclosure Introduction to Wollongong 1 to the local community and other key stakeholders. Who We Are 2 Service Locations 3 Nexus Between Corporate Plan and Annual Report: The Working Towards a Balanced Scorecard 4 2004-05 annual report, along with its companion document Year in Review 6 the state of the environment report, are produced to account Major Achievements 8 for transparency in local government. The programs and Major Challenges 9 activities detailed therein are in response to objectives and Lord Mayor’s Report 10 performance targets identifi ed within the corporate plan Overview From the CEO 11 2004-08, in addition to meeting our statutory reporting Elected Representatives 12 responsibilities. These key accountability documents identify Charter 14 our directions and priorities at the commencement of each Statement of Reconciliation 15 fi nancial year (corporate plan) and provide an account of our Planning and Reporting Framework 16 performance at year’s end (annual report). Senior Management Structure 18 Annual Reporting Strategy and Audience: The annual Performance Against Objectives report’s objectives are to demonstrate our transparency, Corporate Governance 20 accountability and performance in key operational areas and City Development 26 to highlight achievements in delivering sound economic, social Infrastructure 34 and environmental outcomes for Wollongong. The document Waste Management 48 provides comprehensive corporate governance information, Environment and Health 51 as well as detailed audited fi nancial statements. The report Commercial Development 58 caters for a wide readership, including the general community, Recreation and Natural Resources 63 ratepayers, local businesses, visitors, investors, government Community and Cultural Services 70 agencies and other interested parties. Library Services 80 Environmental Management Program 84 Theme and Layout: The theme for this year’s report is Organisational Services 88 sustainability. The city’s icon, the Wollongong lighthouse, is featured on the cover, along with the region’s most signifi cant natural assets: the ocean and escarpment. These not only Financial Report provide a physical boundary but also encapsulate the true Financial Statements Contents 101 essence of Wollongong - a city set between the mountains and Financial Executive Summary 102 the sea, a city of outstanding natural beauty. Environmental Financial Overview 103 management and sustainability are key drivers for all facets of Statement of Financial Performance 105 our operations as we strive to reduce our ecological footprint. Statement of Financial Position 106 The annual report is divided into four main sections: an Statement of Changes in Equity 107 executive summary, a detailed analysis of our performance Statement of Cash Flows 108 against key indicators, fi nancial report and additional Notes to Financial Statements 109 disclosure requirements under the Local Government Act. Independent Report to Council 141 Special Purpose Financial Reports 144 Distribution: The document is distributed to all community, Notes to the Special Purpose Financial Reports 149 business and special interest groups in the Wollongong Independent Auditor’s Report to Council 151 region. Copies are also forwarded to the Department of Local Special Schedules 152 Government, public libraries and other organisations. Printed or CD versions of the report are available free of charge from Local Government Act Requirements 159 the information counter at our administration building or by visiting our central or branch public libraries network. The Year Ahead 171 The report can also be downloaded in PDF format from our Glossary 172 website. Local Government Act Requirements Feedback: The annual report’s content is reviewed on an Wollongong City Council 2004-05 Annual Report was annual basis with valuable feedback provided through our produced to comply with the Local Government Act participation in the ARA annual reporting awards. Since our (1993). An index of the information required under the inaugural report some years ago, we have regularly featured Act is included on the inside back cover. in the presentations, receiving either bronze, silver or gold awards. Last year, we were very proud to receive a Gold Award for reporting excellence. We will continue to improve our reporting standards through participation in this annual reporting process. We are always pleased to hear from any of our readers on how the report can be improved. A reader survey is enclosed with this document and feedback would be much appreciated. Feedback received from our previous document has guided the development of this year’s report. SNAPSHOT OF RESULTS KEY INDICATORS UNIT 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 OUTLOOK Credit rating Rating NA NA NA NA NA AA+ stable Debt servicing % 2.70 3.10 1.90 2.30 1.93 2.14 positive Restricted cash - internal $m 19.91 15.81 14.03 16.25 18.34 19.66 positive Restricted cash - external $m 28.00 29.52 20.84 39.33 43.57 43.45 positive Net rate levy collected % 99.78 99.66 99.58 99.99 99.97 99.56 positive Loans $m 1.54 0.00 1.06 0.57 0.00 0.00 positive Rates income $m 65.70 67.76 70.30 72.64 75.69 81.08 positive Return on investment % 6.46 5.94 4.73 5.07 5.47 5.76 positive Ratepayers no 69,354 70,293 71,238 72,318 72,925 74,212 stable Rates paid at year end $m 66.09 68.19 70.07 73.33 76.40 81.50 stable Residential rate average $ 700.00 718.38 734.37 758.97 784.18 819.91 positive State government rate ceiling % 2.40 2.70 2.80 3.30 3.60 5.00 stable ECONOMIC Increase in rates average % 1.97 2.62 2.23 3.34 3.32 3.32 positive Untied grants revenue $m 11.37 12.29 13.05 14.12 14.47 14.55 stable Specifi c purpose grants revenue $m 7.75 8.29 7.94 5.65 3.02 4.62 stable Available funds balance $m 8.31 7.98 8.99 1.17 NA 4.54 positive Income from tourist parks $m 2.58 2.69 2.62 3.89 3.02 3.86 positive Average rate per residential resident $ NA NA 667 686 722 758.1 positive Source of revenue from rates & charges % NA 61.65 60.5 62.00 61.40 61.65 positive Capital expenditure ratio % NA 0.70 0.80 0.60 1.00 1.03 positive Development Applications Received no 2,835 2,175 2,328 2,248 2,810 2,644 stable Average charge for residential waste $ 156 169 171 181 157 191 increasing Recyclable collections per annum kg 174 179 177 199 235 231 stable Environmental protection cost per resident $ 14.63 11.65 5.63 5.97 7.85 10.40 increasing Total works program $m 19 18.61 15.77 16.24 18.34 20.37 increasing Number of garbage services provided no 69,945 71,098 72,032 73,063 73,054 74,044 stable Hectares of public open space ha 2,658 2,680 2,706 2,776 2,791 2,841 stable Plant distribution from botanic garden no 49,931 51,698 45,900 34,888 40,980 48,522 increasing Groups involved in Rise & Shine campaign no 103 96 91 101 108 130 increasing ENVIRONMENTAL Rubbish collected on Clean Up Aust Day tonnes 18 14 15 31 29 13 decreasing Annual domestic waste fee per occupied $ 140 147 149 155 125 160 stable residence $ NA 184 187 195 165 202 stable $ NA 285 290 305 275 318 stable Incidence of public liability claims Rate 15.10 14.90 16.90 13.20 11.20 8.80 decreasing Admin cost per resident* $ 167.08 185.37 194.55 172.58 166.24 160.23 stable Number of employees no 1,023 1,065 1,087 1,092 1,135 1,108 stable Staff turnover percentage % 5.97 5.88 5.98 5.61 4.68 5.50 stable GOVERNANCE Number of workplace injuries no 186 193 186 199 159 144 decreasing Population no 186,608 187,003 191,049 191,254 191,602 191,558 stable Leisure centre income $m 1.6 1.63 1.67 1.81 1.72 1.88 increasing Library service cost per resident $ 21.66 22.55 28.05 25.35 24.01 27.98 increasing Community service cost per resident $ 10.58 33.37 22.04 24.95 24.82 11.33 decreasing Illawarra performing arts centre visitation no 69,822 81,819 84,624 104,506 93,342 90,892 stabilising SOCIAL City art gallery visitation no 37,839 38,984 37,537 37,981 39,630 54,187 increasing Wollongong botanic garden visitation no 162,897 195,064 123,277 132,791 200,366 164,549 stabilising Recreation and culture cost per resident $ 82.05 91.72 73.49 90.87 86.54 105.88 positive MEASURE COMMENT Rating assigned by Standard and Poor’s Inaugural measurement June 2005, strong performance Gearing, or measure of ability to service current debt levels Upward movement refl ecting single transaction, historically low levels of debt Cash held internally that has a defi ned end use Balance generally static or moving down through better utilisation of cash Cash held from external sources that has a defi ned end use Balance generally lower, the 2004-05 balance refl ects one-offs % of rate levies collected out of total rates levied High performance in rate collections, historically very good Borrowings from external sources Generally negligible levels of debt maintained Total of rates levied across the city 5% increment for 2004-05 based on infrastructure requirements Council % achieved on cash invested Council continues to outperform the benchmark Number of residents or entities required to pay rates Subdued growth in numbers although higher densities are impacting Amount collected from rates levied 2004-05 uplift due to above ceiling rate revenue levied Average rate per entity 2004-05 uplift due to above ceiling rate revenue levied Maximum permissible rate increment to be levied