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2013-14 5RVV&UHHN 1LQWLQJERRO UGLGZDUUDK Golden Plains’ Mission
x We encourage, welcome and x We accept individual diversity x We support agricultural industry, recognise the need to respond to and we welcome and encourage ƐƵƐƚĂŝŶĂďůĞƉƌĂĐƟĐĞƐĂŶĚƚŚĞƌŝŐŚƚ ƚŚĞƐŝŐŶŝĮĐĂŶƚĨŽƌĞĐĂƐƚƉŽƉƵůĂƟŽŶ ƉĂƌƟĐŝƉĂƟŽŶŝŶĐŝǀŝĐĂŶĚĐŽŵŵƵŶŝƚLJ ƚŽĨĂƌŵ͘ growth and the challenges it creates. ĂīĂŝƌƐ͘ x We provide municipal leadership x We maintain and enhance the x We market our municipality through ƚŚĂƚƌĞŇĞĐƚƐůŽĐĂůŶĞĞĚƐǁŝƚŚŝŶ ĚŝǀĞƌƐŝƚLJĂŶĚƵŶŝƋƵĞŶĞƐƐŽĨŽƵƌ ŽƉĞŶĂŶĚĞīĞĐƟǀĞĐŽŵŵƵŶŝĐĂƟŽŶ͘ ĂĐŽŵƉĞƟƟǀĞĂŶĚĐŚĂŶŐŝŶŐ ĐŽŵŵƵŶŝƟĞƐ͕ǁŚŝůĞĞŶĐŽƵƌĂŐŝŶŐĂŶĚ x We respect the environment, environment while considering ŵĂŶĂŐŝŶŐƉŽƉƵůĂƟŽŶŐƌŽǁƚŚĂŶĚ ŽƵƌĐƵůƚƵƌĂůƐŝŐŶŝĮĐĂŶĐĞĂŶĚŽƵƌ ŐŽǀĞƌŶŵĞŶƚƉƌŝŽƌŝƟĞƐ͘ economic development. heritage. x tĞĨŽƐƚĞƌƐƵĐĐĞƐƐĨƵůƌĞůĂƟŽŶƐŚŝƉƐ x We maintain and develop a quality x We support and pursue the orderly ǁŝƚŚŽƚŚĞƌůĞǀĞůƐŽĨŐŽǀĞƌŶŵĞŶƚ͕ road system and secure adequate ĂŶĚƉƌŽƉĞƌƉůĂŶŶŝŶŐŽĨůĂŶĚƵƐĞĂŶĚ agencies, non- government ƌĞƐŽƵƌĐĞƐĨŽƌƚŚĞĨƵƚƵƌĞ͘ development based on strategic ŽƌŐĂŶŝƐĂƟŽŶƐĂŶĚƚŚĞƉƌŝǀĂƚĞƐĞĐƚŽƌ͘ x tĞĂŝŵĨŽƌĐŝƟnjĞŶƐƚŽŚĂǀĞĨĂŝƌ ĐŽŶƐŝĚĞƌĂƟŽŶƐĂƐŝĚĞŶƟĮĞĚŝŶƚŚĞ ĂĐĐĞƐƐƚŽƌĞĐƌĞĂƟŽŶĨĂĐŝůŝƟĞƐ͕ Municipal Strategic Statement. ĞĚƵĐĂƟŽŶ͕ĞŵƉůŽLJŵĞŶƚĂŶĚŚƵŵĂŶ ƐĞƌǀŝĐĞƐ͕ƉĂƌƟĐƵůĂƌůLJLJŽƵƚŚĂŶĚƚŚĞ aged.
Golden Plains’ Values
x Integrity in Leadership x Commitment x /ŶŶŽǀĂƟŽŶ We will strive to lead the community tĞĂƌĞĐŽŵŵŝƩĞĚƚŽĞdžĐĞůůĞŶĐĞ We are open to new ideas and will with integrity, reason and in management and teamwork, ŐƌĂƐƉŽƉƉŽƌƚƵŶŝƟĞƐǁŝƚŚĂǀŝƐŝŽŶƚŽ accountability whilst acknowledging comprising the community, Council succeed. ŽƵŶĐŝů͛ƐƐƚĂƚƵƚŽƌLJŽďůŝŐĂƟŽŶƐ͘ ĂŶĚƐƚĂī͘ x Equity & Access x Community We will treat our community, tĞƌĞĐŽŐŶŝƐĞƚŚĞƵŶŝƋƵĞŶĞƐƐŽĨ residents and ratepayers equitably by ŽƵƌŝŶĚŝǀŝĚƵĂůĐŽŵŵƵŶŝƟĞƐĂŶĚǁŝůů ďĞŝŶŐĨĂŝƌŝŶŽƵƌĚĞĐŝƐŝŽŶŵĂŬŝŶŐĂŶĚ seek to work in partnership with ensure that we are approachable by ƚŚĞŵƚŽĞŶŚĂŶĐĞƚŚĞŝƌƐĞŶƐĞŽĨ the community. community spirit. We recognise the ĞīŽƌƚƐĂŶĚǀĂůƵĞƚŚĞĐŽŶƚƌŝďƵƟŽŶƐ ŽĨŽƵƌǀŽůƵŶƚĞĞƌƐ͘
ACKNOWLEDGEMENT OF TRADITIONAL CUSTODIANS 7KDW&RXQFLODFNQRZOHGJHWKHWUDGLWLRQDOFXVWRGLDQV RIWKHODQGRQZKLFKZHUHVLGH DQGZRUN WKH:DWKDXURQJSHRSOH 1994 2014
Golden Plains’ Vision *ROGHQ3ODLQV6KLUHRIIHUVDOLIHVW\OHDQGRSSRUWXQLWLHV WKDWIRVWHUVRFLDOHFRQRPLFDQGHQYLURQPHQWDOZHOOEHLQJ ,QSDUWQHUVKLSZLWKWKHFRPPXQLW\ZHZLOOSURYLGH VWURQJOHDGHUVKLSHQFRXUDJHVXVWDLQDEOHGHYHORSPHQW DQGHQVXUHTXDOLW\VHUYLFHVWRFRQWLQXHWRLPSURYH WKHTXDOLW\RIOLIHRIUHVLGHQWV Contents
Welcome 5 From Our Mayor – Jenny Blake 6 Our Councillors – Past and Present 7 From Our CEO – Rod Nicholls 8 Our Senior Management Team 9 Our Staff 9
History of Golden Plains Four Shires Become One 10 Our Year, Our Communities 11 A New Shire is Formed 1994 – 1998 12 Building the Shire 1999 – 2003 13 Progress is Made 2004 – 2008 14 Paving the Future 2009 – 2013 15
Reflecting the Year 2013-14 Our Council Plan in Review 16 Our Financial Performance at a Glance 20 Community Grants 2013-14 22 A Selection of Community Projects 24 Equal Opportunity Statement 25 Memberships 2013-14 25 National Competition Policy 25 Our Workplace 26 Best Value Annual Report 26 Community Satisfaction Survey 27 Statutory Information 28 Local Laws 28 Freedom of Information 29 Protected Disclosure Act 2012 (PDA) 29 Victorian Local Government Indicators 29 Council Plan Indicators 30
Standard Statements 31
Financial Report 41 Contents 42
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6 May Southern Rural Shire created. 13 May Ɣ A sole Commissioner, Claire Barton Barber The inaugural 1 October December appointed. ŵĞĞƟŶŐŽĨƚŚĞ The municipality Rod Nicholls was ƔŶ/ŶƚĞƌŝŵŚŝĞĨ džĞĐƵƟǀĞKĸĐĞƌ; KͿ͕ Southern Rural Shire was renamed ĂƉƉŽŝŶƚĞĚ KŽĨ 19 Roderick Lionel Nicholls appointed. Council was held. Golden Plains Shire. Golden Plains Shire. Ɣ Ɣ Ɣ Ɣ Golden Plains Shire Annual Report 2013-14 x5 Welcome - olden Plains Shire is a region of diverse landscapes, transforming from gorgeous ³7KH*ROGHQ3ODLQV Gvistas along the Moorabool Valley to Rokewood’s broad acre farm land and to the undulating and forested goldfield country near the outskirts of Ballarat. 6KLUHZLOOSURYLGHVWURQJ Hosting some of Victoria’s oldest towns, Golden Plains Shire is home to 56 small OHDGHUVKLSHQFRXUDJH rural townships and smaller settlements, connecting a network of unique and vibrant VXVWDLQDEOHGHYHORSPHQW communities. Now populated by 20,151 (June 2013) residents, with 6,998 new DQGHQVXUHTXDOLW\VHUYLFHV residents calling the Shire home over the past 20 years, Golden Plains has become a great place to explore, live, work and invest. LQSDUWQHUVKLSZLWK Having seen much change over time, Golden Plains Shire has grown into a WKHFRPPXQLW\IRUWKH prominent region of business and industry, supporting intensive farming, cropping, FRQWLQXHGYLDELOLW\RIWKH manufacturing, education and retail. This Annual Report is Council’s review of the past financial year as well as a PXQLFLSDOLW\DQGWKHUHJLRQ´ reflection on how far Golden Plains Shire has come since its creation 20 years ago. 1997 Council Plan. ZĞůŽĐĂƟŽŶŽĨƐƚĂīƚŽƚŚĞĨŽƌŵĞƌ 11 & 12 October November ĂŶŶŽĐŬďƵƌŶ^ŚŝƌĞKĸĐĞƐĂƚ 'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞŚŽƐƚĞĚĂǀŝƐŝƚ The Can Do Cardintroduced. 2 Pope Street, Bannockburn. ĨƌŽŵƚŚĞ'ŽǀĞƌŶŽƌŽĨsŝĐƚŽƌŝĂ͕ Golden Plains became 9 Ɣ More key appointments made. His Excellency the Honourable known as the Can Do Shire. 19 Ɣ Series of Planning Studies completed. ZŝĐŚĂƌĚDĐ'ĂƌǀŝĞĂŶĚDƌƐDĐ'ĂƌǀŝĞ͘ Ɣ Ɣ Ɣ 6 x Golden Plains Shire Annual Report 2013-14 From Our Mayor - -HQQ\%ODNH receding the first Golden Plains Shire Council election Pin March 1996, Commissioner Claire Barber wrote about the role of Councillors for the newly formed Shire. “The Councillors of the future will need to be forward thinking and provide leadership and vision that will create social and economic development opportunities. I urge all residents to think carefully about the type of future they want for their Shire and to take ownership of this future by electing a quality of councillor that will continue to foster innovative, creative and accountable local government. “Please accept the challenge of electing or becoming a Councillor as the next step in ensuring Golden Plains Shire has a golden future.” As I reflect on Claire’s words almost 20 years later I see that the challenge has not changed. Council, its Councillors and the community need to be forward thinking and we need to consider Cr Jenny Blake pictured with Minister Terry the impact of our decisions not just for today but on residents of tomorrow. Mulder (Member for Polwarth) and Teesdale As a Councillor who has been a part of the Golden Plains Shire since that first community coordinators. election, I believe Council has undertaken the business of local government with great diligence and dedication and, importantly, with a view to plan for long term sustainability in our region. In 1994, Golden Plains was a predominantly rural Shire with high production in farming of wool, cattle, grain and poultry. While farming remains a significant aspect of Golden Plains’ life today, the increasing level of residential properties has seen a ³,EHOLHYH&RXQFLOKDV substantial change in the needs of residents across the Shire. The changing demographics lead to an increasing need for human services. Services XQGHUWDNHQWKHEXVLQHVVRIORFDO such as maternal and child health care, senior citizen’s services and home care were JRYHUQPHQWZLWKJUHDWGLOLJHQFH increasingly needed along with pet registrations, library services and a community bus. DQGGHGLFDWLRQDQGLPSRUWDQWO\ In Council’s first year, 194 new members of the Golden Plains community were welcomed into the world and this year a mini baby boom of 249 new residents call ZLWKDYLHZWRSODQIRUORQJWHUP Golden Plains home (a total of 1,168 over the past five years). Ours is a region of new VXVWDLQDELOLW\LQRXUUHJLRQ´ life and growth and a place where opportunities grow. As we look now to the future, after celebrating this 20 year anniversary milestone, it is a prospect that we should embrace with great optimism and enthusiasm because Golden Plains has a lot to offer, is home to wonderful people and is a great place to live. - Cr Jenny Blake, Mayor March Council declared war on Ɣ The return of elected The release of the Golden Pages, noxious weeds such as ƌĞƉƌĞƐĞŶƚĂƟǀĞƐ͘ a directory of Golden Plains based Serrated Tussock and Gorse, 9 Ɣ Cr Des Phelan elected as the businesses. By the end of the year ĂŶĚĂƉƉŽŝŶƚĞĚĂŶ ŶǀŝƌŽŶŵĞŶƚ 19 ĮƌƐƚDĂLJŽƌŽĨ'ŽůĚĞŶWůĂŝŶƐ more than twenty new businesses KĸĐĞƌƚŽĐŽŽƌĚŝŶĂƚĞ Shire. had been established across the Shire. ŵĂƩĞƌƐƌĞůĂƟŶŐƚŽƚŚĞůŽĐĂů Ɣ ĞŶǀŝƌŽŶŵĞŶƚ͘ Ɣ Ɣ Golden Plains Shire Annual Report 2013-14 x7 Our Councillors - 3DVWDQG3UHVHQW - Councillors 2013-14 Standing l-r: Cr Greg Vaughan APM JP Re-elected Nov 2012 First elected 1996-98 Cr Bill McArthur First elected March 1996 Cr Helena Kirby First elected Nov 2008 Cr Andrew Cameron First elected Nov 2012 Seated l-r: Cr Nathan Hansford First elected Nov 2012 Mayor Jenny Blake First elected March 1996 Cr Des Phelan Re-elected Nov 2012 First elected 1996-2002 Around the Council Table: 1996 - Current Cr Greg Vaughan Cr Des Phelan Cr John McManus Cr Jenny Jones Cr Bill McArthur Cr Gerald Dupe (deceased) The inaugural 1996 Golden Plains Shire /ŶϮϬϬϴĚƵĞƚŽƐŝŐŶŝĮĐĂŶƚĞůĞĐƚŽƌĂůĐŚĂŶŐĞƐ͕ ŽƵŶĐŝůĐŽŶƐŝƐƚĞĚŽĨ͗ƌ'ƌĞŐsĂƵŐŚĂŶ ƚŚĞŶƵŵďĞƌŽĨĐŽƵŶĐŝůůŽƌƐǁĂƐƌĞĚƵĐĞĚĨƌŽŵ (Bannockburn Riding); Cr Des Phelan (Break o’ ŶŝŶĞƚŽƐĞǀĞŶ͘,ĞůĞŶĂ<ŝƌďLJŽĨZŽŬĞǁŽŽĚ Day Riding); Cr John McManus (Forest Riding); was elected as a new councillor and joined Cr Bill McArthur (Haddon Riding); Cr Gerald ƐŝdžĞdžŝƐƟŶŐĐŽƵŶĐŝůůŽƌƐĂƚƚŚĞŽƵŶĐŝůƚĂďůĞ͖ Dupe (Ranges Riding); Cr Des Guinane (Rivers :ĞŶŶLJůĂŬĞŽĨĂƌƵŶĂŚWĂƌŬ͕ĂǀŝĚŽƚƐĞůů Riding); Cr Alwyn Parker (Ross Creek Riding); ŽĨDƵƌŐŚĞďŽůƵĐ͕'ĞƌĂůĚƵƉĞŽĨ>ĞƚŚďƌŝĚŐĞ͕ Cr Geraldine Frantz ƌ:ĞŶŶLJůĂŬĞ;sĂůůĞLJZŝĚŝŶŐͿĂŶĚƌ<ĞǀŝŶ 'ĞƌĂůĚŝŶĞ&ƌĂŶƚnjŽĨEĂƉŽůĞŽŶƐ͕<ĞǀŝŶ<ŶŝŐŚƚ Cr Des Guinane <ŶŝŐŚƚ;tŽĂĚLJzĂůŽĂŬZŝĚŝŶŐͿ͘ ŽĨ>ŝŶƚŽŶĂŶĚŝůůDĐƌƚŚƵƌŽĨ,ĂĚĚŽŶ͘ Cr David Cotsell Cr Helena Kirby Cr Kevin Knight OAM Cr Tony Francis Cr Jenny Blake Cr Alwyn Parker March July August Ɣ Cr Des Phelan re-elected as Mayor Golden Plains Shire Family Day Ways to Spend Time In Golden Plains tourism ĨŽƌĂƐĞĐŽŶĚƚǁĞůǀĞŵŽŶƚŚƚĞƌŵ͘ Care Program launched. Within map published. It highlighted the Shire’s many Ɣ 9 ŽƵŶĐŝůĞdžĐĞůůĞĚŝŶŝƚƐĮŶĂŶĐŝĂů ƚŚĞĮƌƐƚLJĞĂƌŵŽƌĞƚŚĂŶϱϬ ĂƩƌĂĐƟŽŶƐ͕ƌĞĐƌĞĂƟŽŶĂůĂĐƟǀŝƟĞƐĂŶĚƚŽƵƌŝƐŵ 19 ŵĂŶĂŐĞŵĞŶƚ͕ĂĐŚŝĞǀŝŶŐĂĚĞďƚĨƌĞĞ ĐŚŝůĚƌĞŶǁĞƌĞƉƌŽǀŝĚĞĚǁŝƚŚ ďƵƐŝŶĞƐƐĞƐŝŶĐůƵĚŝŶŐŚŝƐƚŽƌŝĐŐŽůĚĮĞůĚƐ͕ ƉŽƐŝƟŽŶƚŽďĞĐŽŵĞƚŚĞůŽǁĞƐƚƌĂƟŶŐ day care each week. wineries, historic buildings, and walking trails. ĐŽƵŶĐŝůƉĞƌĐĂƉŝƚĂŝŶsŝĐƚŽƌŝĂ͘ Ɣ Ɣ Ɣ 8 x Golden Plains Shire Annual Report 2013-14 From Our CEO - 5RG1LFKROOV t is with genuine pleasure that I review the pages Iof this Annual Report, the achievements of 2013- 14 and the celebration of this municipality’s 20 year anniversary. There have been challenges but also much to celebrate over the years and I find myself reminiscing about the projects and the people that have helped to make this organisation successful and this region a great place to live. Way back in April 1994 I was approached by Yehudi Blacher representing the Minister for Local Government, the Honourable Roger Hallam and invited to take on the role of interim Chief Executive of a soon to be announced restructured municipality, the Southern Rural Shire. Whilst my initial reaction was to decline the position because I had been the Chief Executive of an anti- amalgamation Council, the former Shire of Grenville, I quickly recognised the opportunities that would grow from this newly merged region. It was the greatest decision of my career. ZŽĚEŝĐŚŽůůƐǁŝƚŚWƵďůŝĐĂƟŽŶƐKĸĐĞƌ͕ Since that time it has been an incredible ride with tests and trials together with real Ě:ĂŵĞƐ͕ĐŚĞĐŬŝŶŐƚŚĞƉƌŽŽĨƐŽĨĂŶĞĚŝƟŽŶ breakthroughs and achievements - highlights of which will be outlined in the following ŽĨƚŚĞ'ĂnjĞƩĞ͘ pages of this Report. Most importantly it has been extremely rewarding. I have had the privilege of overseeing an organisation that has grown significantly over the past twenty years, an organisation that has a wonderful team of very well qualified, skilful and passionate staff who are prepared to go beyond the call of duty to deliver ³:KHQ\RXWKLQNDERXWVXFFHVV Council’s varied and large range of services. LWFDQPHDQPDQ\WKLQJVEXW At the same time I have been fortunate to have had strong community leaders who ,WKLQNDOORIRXUVXFFHVVHVKHUH have formed stable councils led by the Mayor of the day. At times, there have been robust discussions and differing opinions and always there have been new challenges to DW&RXQFLOKDYHEHHQEURXJKW face but together, with the community, we have been able to achieve amazing outcomes DERXWEHFDXVHWKH\DUHSODQQHG that have significantly improved the quality of life of residents. DQGSUHSDUHGIRUZLWKFRPPXQLW\ The 20th Year of Golden Plains Shire Council, as outlined in this Annual Report, has realised significant development in the municipality too with the opening of the EHQHILWLQPLQG´ Golden Plains Food Production Precinct, the completion of the first wind farm in Golden Plains at Mt Mercer, a $1.4M upgrade to the Lethbridge Airport and the commencement of reticulated gas in Bannockburn – Golden Plains is certainly a place where opportunities grow! - Rod Nicholls, Chief Executive Officer Golden Plains Shire. March Ɣ Aged care units in Rokewood opened. ƔƵŝůĚŝŶŐŽŶŝƚƐĂŶŽĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞŝŶŝƟĂƟǀĞ͕ Cr John McManus elected Ɣ Council assumed management of the ŽƵŶĐŝůĚĞǀĞůŽƉĞĚĂƐĞƌŝĞƐŽĨĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞ as the new Mayor of Golden Ballarat-Skipton Rail Trail. ĐŚĂƌƚĞƌƐ͕ŝŶŝƟĂůůLJƐĞƫŶŐƐĞƌǀŝĐĞƐƚĂŶĚĂƌĚƐĨŽƌdŽǁŶ Plains Shire. Ɣ Planning, Building Control and Family Day Care. 9 tŽĂĚLJzĂůŽĂŬZĞĐƌĞĂƟŽŶ&ĂĐŝůŝƚLJŽƉĞŶĞĚ͘ 19 ƔEĂƉŽůĞŽŶƐZĞĐƌĞĂƟŽŶƉĂǀŝůŝŽŶŽƉĞŶĞĚ͘ ƔŐĞŶĞƌĂůƵƐƚŽŵĞƌ^ĞƌǀŝĐĞŚĂƌƚĞƌǁĂƐĚĞǀĞůŽƉĞĚ͘ Ɣ Ɣ Ɣ Golden Plains Shire Annual Report 2013-14 x9 Our Senior Management Team - Standing l-r: Jillian Evans Director Community Services Richard Trigg Director Corporate Services Seated l-r: Greg Anders Director Assets & Amenity Rod Nicholls PSM ŚŝĞĨ džĞĐƵƟǀĞKĸĐĞƌ Mike Barrow DĂŶĂŐĞƌ džĞĐƵƟǀĞhŶŝƚ Our Staff - ϮϬzĞĂƌƐĂ K͊ /ŶDĂLJϮϬϭϰ͕ŽƵŶĐŝůƐƚĂīĂƌƌĂŶŐĞĚ a surprise tribute to Rod Nicholls to ĐĞůĞďƌĂƚĞŚŝƐϮϬLJĞĂƌƐĂƐ K͕ǁŝƚŚŵĂŶLJ guest speakers. Rod said: ͞tŚŝůƐƚ/ĚŝĚŶŽƚĞdžƉĞĐƚĂŶLJ ƌĞĐŽŐŶŝƟŽŶŽĨŵLJϮϬLJĞĂƌƐĂƐ KŽĨƚŚŝƐ ĨĂŶƚĂƐƟĐŽƌŐĂŶŝƐĂƟŽŶ/ĐĞƌƚĂŝŶůLJŐƌĞĂƚůLJ ĂƉƉƌĞĐŝĂƚĞĚƚŚĞǀĞƌLJŬŝŶĚǁŽƌĚƐƚŚĂƚ ǁĞƌĞĐŽŶǀĞLJĞĚ͘͟ ͞DLJƌŽůĞĂƐ KŚĂƐďĞĞŶŵĂĚĞƐŽŵƵĐŚ ĞĂƐŝĞƌŽǀĞƌƚŚĞLJĞĂƌƐďLJƚŚĞƋƵĂůŝƚLJŽĨ ƚŚĞƐƚĂīĂƚ'ŽůĚĞŶWůĂŝŶƐ͘'ŽůĚĞŶWůĂŝŶƐ ŝƐǁĞůůƌĞĐŽŐŶŝƐĞĚĨŽƌƚŚŝƐĂŶĚ/Ăŵ ǀĞƌLJƉƌŽƵĚŽĨǁŚĂƚǁĞŚĂǀĞĂĐŚŝĞǀĞĚ ƚŽŐĞƚŚĞƌ͘͟ ŽƵŶĐŝůƐƚĂī͕ŐƵĞƐƚƐĂŶĚZŽĚEŝĐŚŽůůƐ;ƐĞĐŽŶĚĨƌŽŵůĞŌ͕ĨƌŽŶƚƌŽǁͿ ĂƚĂŶŶŽĐŬďƵƌŶƵůƚƵƌĂůĞŶƚƌĞŽŶϭϮDĂLJ͕ϮϬϭϰ͘ March ZƵƌĂůĞǀĞůŽƉŵĞŶƚDŝŶŝƐƚĞƌ͕ Ɣ Shelford Hall refurbishments Ɣ Cr John McManus Tom Reynolds announced a State opened. re-elected as Mayor of 'ŽǀĞƌŶŵĞŶƚŐƌĂŶƚŽĨΨϭϵϬ͕ϬϬϬ Ɣ Haddon Lions Park opened. Golden Plains Shire. to establish an industrial estate ƔZŽƐƐƌĞĞŬ,ĂůůƌĞŶŽǀĂƟŽŶƐ 9 19 ƔZŽĚEŝĐŚŽůůƐĂƉƉŽŝŶƚĞĚ K at Bannockburn. opened. ĨŽƌĂĨƵƌƚŚĞƌĮǀĞLJĞĂƌƐ͘ Ɣ Ɣ Ɣ Ɣ 10 x Golden Plains Shire Annual Report 2013-14 Four Shires%HFRPH2QH dŚĞŽƌŝŐŝŶĂů Buninyong ĨŽƵƌ^ŚŝƌĞƐ͘ Grenville y 1994, and despite some efforts Bon behalf of pre-existing councils x Haddon BanBannockburnanannococockbukbk urnur >ĞŝŐŚ>>ĞŝĞ ŐŚŐŚ to resist amalgamation, the reform 4 process was progressing rapidly. Early x Ross Creek in the year, the Local Government Smythesdale x 7 Board undertook its review of the x >ŝŶƚŽŶ Napoleons x Ballarat region. On 6 May 1994, the question of 9 3 what to do with the remaining parts or wholes of the Shires of Bannockburn, Buninyong, Grenville and Leigh was answered via the creation of the 2 Southern Rural Shire. x Meredith On 1 October 1994, the Shire was x Rokewood 5 officially promulgated as Golden Plains Shire. It was decided to set up the administrative and customer service centre in Bannockburn. There is now an additional customer 8 Teesdale x service centre in Linton. 1 x Bannockburn 6 x Inverleigh dŚĞƌŝĚŝŶŐŶĂŵĞƐĂŶĚůŽĐĂƟŽŶƐĨŽƌƚŚĞĮƌƐƚĞůĞĐƟŽŶǁĞƌĞĚĞƚĞƌŵŝĐƟŽŶǁĞƌĞĚĞƚĞƌŵŝŶĞĚĂƐ͗ŶĞĚĂƐ͗ 1 ĂŶŶŽĐŬďƵƌŶZŝĚŝŶŐ;ĂŶŶŽĐŬďƵƌŶ͕ 6 ZŝǀĞƌƐZŝĚŝŶŐ;/ŶǀĞƌůĞŝŐŚ͕ĂƚĞƐĨŽƌĚ͕ZŝǀĞƌƐ ZŝĚŝŶŐ ;/ŶǀĞƌůĞŝŐŚ ĂƚĞƐĨŽƌĚ ZƵƐƐĞůůƐƌŝĚŐĞĂŶĚƐƵƌƌŽƵŶĚƐͿ͘ Gheringhap, Sutherlands Creek and dŚĞŶĞǁůLJĐƌĞĂƚĞĚ'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞ͕ 2 ƌĞĂŬŽ͛ĂLJZŝĚŝŶŐ;ĞƌĞĞů͕ZŽŬĞǁŽŽĚ͕ ƐƵƌƌŽƵŶĚƐͿ͘ ƐŚŽǁŝŶŐƚŚĞĞůĞĐƚŽƌĂůďŽƵŶĚĂƌŝĞƐŽĨ ĂƉĞůĞĂƌĂŶĚƐƵƌƌŽƵŶĚƐͿ͘ 7 ZŽƐƐƌĞĞŬZŝĚŝŶŐ;ZŽƐƐƌĞĞŬ͕ ƚŚĞŶŝŶĞƌŝĚŝŶŐƐ͘ 3 &ŽƌĞƐƚZŝĚŝŶŐ;EĂƉŽůĞŽŶƐ͕ ŶĮĞůĚĂŶĚ ^ŵLJƚŚĞƐƌĞĞŬĂŶĚƐƵƌƌŽƵŶĚƐͿ͘ ƐƵƌƌŽƵŶĚƐͿ͘ 8 sĂůůĞLJZŝĚŝŶŐ;dĞĞƐĚĂůĞ͕^ŚĞůĨŽƌĚĂŶĚ 4 ,ĂĚĚŽŶZŝĚŝŶŐ;,ĂĚĚŽŶĂŶĚƐƵƌƌŽƵŶĚƐͿ͘ ƐƵƌƌŽƵŶĚƐͿ͘ 5 ZĂŶŐĞƐZŝĚŝŶŐ;DĞƌĞĚŝƚŚ͕>ĞƚŚďƌŝĚŐĞ 9 tŽĂĚLJzĂůŽĂŬZŝĚŝŶŐ;>ŝŶƚŽŶ͕ ĂŶĚƐƵƌƌŽƵŶĚƐͿ͘ ^ŵLJƚŚĞƐĚĂůĞ͕^ĐĂƌƐĚĂůĞĂŶĚƐƵƌƌŽƵŶĚƐͿ͘ dŚĞ,ŝƐƚŽƌLJWĂŐĞƐŽĨƚŚĞ^ŚŝƌĞŽĨĂŶŶŽĐŬďƵƌŶ The area known as Golden Plains Shire has ƚŚĞŶŬŶŽǁŶĂƐĂĐĞŶƚƌĂůƌŽĂĚďŽĂƌĚ͘/Ŷϭϴϲϰ͕ ĂŶĚĂƐƐŽůĚŝĞƌƐƌĞƚƵƌŶĞĚĨƌŽŵďĂƩůĞ͕ƚŚĞ ĞdžƉĞƌŝĞŶĐĞĚŵƵĐŚƚƌĂŶƐĨŽƌŵĂƟŽŶŝŶŝƚƐƟŵĞ͘ ϭϯLJĞĂƌƐĂŌĞƌƚŚĞ^ƚĂƚĞ͛ƐĮƌƐƚƵŶĞĂƌƚŚŝŶŐ ^ŚŝƌĞ͛ƐƐŽůĚŝĞƌƐĞƩůĞŵĞŶƚƐĂƚ'ŽůĨ,ŝůůĂŶĚ tŚĞŶŐŽůĚǁĂƐĚŝƐĐŽǀĞƌĞĚŝŶsŝĐƚŽƌŝĂŝŶϭϴϱϭ͕ ŽĨŐŽůĚ͕ĂƉƉƌŽǀĂůǁĂƐŐƌĂŶƚĞĚƚŽĨŽƌŵĂ DŽƌĂŶŐŚƵƌŬ͕ĂŵŽŶŐŽƚŚĞƌƐ͕ŽīĞƌĞĚŚƵŵďůĞ ŝƚďƌŽƵŐŚƚǁŝƚŚŝƚĂŵŝŶŐƉŽƉƵůĂƟŽŶĂŶĚ͕ ^ŚŝƌĞŽĨĂŶŶŽĐŬďƵƌŶ͘KŶϮϳ:ƵŶĞ͕ƚŚĞ residence for the soldiers and their families. ŝŶƚŚĞƌƵƐŚŽĨŝƚĂůů͕ŇĞĚŐůŝŶŐŝŶĨƌĂƐƚƌƵĐƚƵƌĞ͕ ĂƌĞĂǁĂƐŽĸĐŝĂůůLJƉƌŽĐůĂŝŵĞĚ͘dŚĞ^ŚŝƌĞŽĨ KǀĞƌƟŵĞ͕ŵŽƌĞĂŶĚŵŽƌĞƉĞŽƉůĞǁĞƌĞ which required management by what was Bannockburn went on to see two World Wars, ĚƌĂǁŶƚŽƚŚĞ^ŚŝƌĞ͛ƐďƵƐƚůŝŶŐƐĞƩůĞŵĞŶƚƐ͕ 1864 1788 ϭDĂLJ Ϯϰ:ĂŶƵĂƌLJ ƉƉƌŽǀĂůŐƌĂŶƚĞĚƚŽĨŽƌŵ &ŝƌƐƚ&ůĞĞƚĂƌƌŝǀĞƐ Shire of Bannockburn in Botany Bay Ϯϲ:ĂŶƵĂƌLJ Ϯϳ:ƵŶĞ &ŝƌƐƚ&ůĞĞƚĂƌƌŝǀĞƐ Shire of Bannockburn 1939-45 ŝŶ^LJĚŶĞLJŽǀĞ ƉƌŽĐůĂŝŵĞĚĂŶĚŐĂnjĞƩĞĚ World War 2 Ɣ Ɣ Ɣ Ɣ Ɣ Ɣ 1606 1851 1914-18 ƵƚĐŚŶĂǀŝŐĂƚŽƌ 'ŽůĚĚŝƐĐŽǀĞƌĞĚŝŶ World War 1 Willem Janszoon sŝĐƚŽƌŝĂͲƚŚĞŐƌĞĂƚ ƚŚĞĮƌƐƚ ƵƌŽƉĞĂŶ Australian goldrush to land in Australia begins ϱϱϬLJĞĂƌƐ Ɣ ĐŽŵŵŽŶƉůĂĐĞ͘KŶϲDĂLJϭϵϵϰƚŚĞ^ŚŝƌĞǁĂƐ and computers andtheinternet became saw epicchange. Manlandedonthemoon and itssleepy townships grew andtheworld enriched. Astheyears went on,theShire and withthis,theShire’s history pages were ϲϱϬLJĞĂƌƐ ĐĞůĞďƌĂƟŽŶƐ Shire Centenary ϯϬ:ƵŶĞ 1964 Our Year, Golden PlainsShire isafast growing predominately agriculturalregion closeto Melbourne,BallaratandGeelong. x x x x +HVVH 'XUKDP/HDG 6SULQJGDOODK $QDNLH Ɣ x x on themoon Man lands 1969 x 0RUULVRQV 5XVVHOOV%ULGJH x x &DPEULDQ+LOO 3LJJRUHHW ,OODEDURRN x %DPJDQLH Ɣ 2XU&RPPXQLWLHV Darwin ĚĞǀĂƐƚĂƚĞƐ Cyclone Tracy ϮϰĞĐĞŵďĞƌ 1974 x x x 6WDIIRUGVKLUH5HHI x (QILHOG 0RXQW0HUFHU 3LWILHOG x ƐƟŵĂƚĞĚZĞƐŝĚĞŶƚWŽƉƵůĂƟŽŶ͗ >ĞŶŐƚŚŽĨƵŶƐĞĂůĞĚůŽĐĂůƌŽĂĚƐ͗ x x x ,QYHUOHLJK >ĞŶŐƚŚŽĨƐĞĂůĞĚůŽĐĂůƌŽĂĚƐ͗ x 6FDUVGDOH :DOOLQGXF %DQQRFNEXUQ &DSH&OHDU x ŶŶƵĂůĂǀĞƌĂŐĞƌĂŝŶĨĂůů͗ Average summertemp: EƵŵďĞƌŽĨŽƵŶĐŝůůŽƌƐ͗ EƵŵďĞƌŽĨĞŵƉůŽLJĞĞƐ͗ Ɣ Average winter temp: x *DULEDOGL 'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞŝƐŶŽǁĐĞůĞďƌĂƟŶŐŝƚƐϮϬƚŚ history andstretching golden-coloured lands. which represents thearea’s richgold rush ƟŵĞĂƐƚŚĞĂƉƚůLJŶĂŵĞĚ'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞ͕ KĐƚŽďĞƌƚŚĂƚLJĞĂƌ͕ŝƚǁĂƐƌĞͲŶĂŵĞĚĂŐĂŝŶ͖ƚŚŝƐ ĨŽƌŵĂůůLJƌĞͲŶĂŵĞĚ^ŽƵƚŚĞƌŶZƵƌĂů^ŚŝƌĞ͘KŶϭ ZĂƚĞĂďůĞƉƌŽƉĞƌƟĞƐ͗ ϲϴϬLJĞĂƌƐ KƉĞƌĂƟŶŐƌĞǀĞŶƵĞ͗ ůĞĐƚŽƌĂůƐƚƌƵĐƚƵƌĞ͗ Rates andCharges: ŽĸĐŝĂůůLJŶĂŵĞĚ Golden PlainsShire ϭKĐƚŽďĞƌ Southern Rural Shire created ϲDĂLJ 1994 3LWWRQJ x x x Growth rate: x /HWKEULGJH 0XUJKHEROXF x 6KH2DNV :HUQHWK x 6WHLJOLW] Climate: x x x &RULQGKDS Area: 5RNHZRRG %DUXQDK3DUN *KHULQJKDS x x x x 25 degrees Celsius 10 degrees Celsius 500-750 mm Cool winters andmoderate summers 720 kms 985 kms $16.7 million $29.9 million 10,323 hŶͲƐƵďĚŝǀŝĚĞĚŵƵŶŝĐŝƉĂůŝƚLJĨƌŽŵĞĐĞŵďĞƌϮϬϬϴ 7 ϭϳϲ͘ϴ ƋƵŝǀĂůĞŶƚ&ƵůůƟŵĞ; &dͿ ϯ͘ϱйĨŽƌϮϬϭϯͲϭϰ 20,151 (June2013) 2,705 square kilometres 6KHOIRUG :LOORZYDOH Ɣ /LQWRQ 6WRQHKDYHQ x ĐĞůĞďƌĂƟŽŶƐ Third Millennium 2000 x x 1DSROHRQV 5RNHZRRG-XQFWLRQ &UHVV\ x x *UHQYLOOH x x %DWHVIRUG 0DQQLEDGDU 6P\WKHV&UHHN x x Ɣ x Golden PlainsShire AnnualReport 2013-14 ƌĞĂĐŚĞƐϳďŝůůŝŽŶ tŽƌůĚƉŽƉƵůĂƟŽŶ 2011 :LQJHHO x 'HUHHO 6XWKHUODQGV&UHHN 1HZWRZQ new pages inhistory. ŽƉƉŽƌƚƵŶŝƚLJĂŶĚƚƌĂŶƐĨŽƌŵĂƟŽŶĂŶĚǁƌŝƟŶŐ forward to helpingbuildabright future of original Shire ofBannockburn.Councillooks ďŝƌƚŚĚĂLJ͕ϭϱϬLJĞĂƌƐĂŌĞƌƚŚĞďŝƌƚŚŽĨƚŚĞ x +DGGRQ x x %HUULQJD x 'XUGLGZDUUDK x 0DXGH x x 5RVV&UHHN 6P\WKHVGDOH x 1LQWLQJERRO +DSS\9DOOH\ Ɣ ϳϬϬLJĞĂƌƐ x Council of GoldenPlainsShire ϮϬzĞĂƌĞůĞďƌĂƟŽŶ 2014 %HUU\EDQN x x 0HUHGLWK 7HHVGDOH x 11 12 x Golden Plains Shire Annual Report 2013-14 19- 19 $QHZ6KLUHLVIRUPHGx*ROGHQ3ODLQVJURZVDQG%DQQRFNEXUQERRPV etween 1994 and 1998, Golden Plains Shire saw many changes, particularly Bthose that came from political reforms and economic recession. The Liberal National Coalition came to power in 1992 with a promise to put Victoria “on the move” via an aggressive reform agenda. On 18 May 1993, the Minister for Local Government, Roger Hallam, announced the formation of the City of Greater Geelong, signifying further change was on the horizon for ůŽŐŽĨŽƌƚŚĞŶĞǁ^ŚŝƌĞ the region. By 1994, local government in Victoria and the region had been dŚĞƐƚƌŝŬŝŶŐůŽŐŽŽƵŶĐŝůƐƟůůƵƐĞƐƚŽĚĂLJ transformed. ǁĂƐĂĚŽƉƚĞĚŝŶϭϵϵϰĂŶĚƌĞŵĂŝŶƐĂ ǁŽŶĚĞƌĨƵůƌĞƉƌĞƐĞŶƚĂƟŽŶŽĨƚŚĞƌĞŐŝŽŶ͘ Southern Rural Shire was created with sole Commissioner, Claire Barber, who The logo comprises three strong pictorial was appointed along with Interim Chief Executive Officer, Roderick Nicholls, ĞůĞŵĞŶƚƐƐLJŵďŽůŝƐŝŶŐ͕ĨƌŽŵůĞŌƚŽ with the expectation that it would only exist for a few months. They were ƌŝŐŚƚ͕ƚŚĞŐŽůĚŽĨǁŽŽů;ŐŽůĚĞŶŇĞĞĐĞͿ instructed not to set about the task of establishing a permanent municipality, but represented by the ram’s horn, sunshine rather to “tread water”, whilst still delivering the full range of local government on and gold in the landscape and the services to its ratepayers and communities. ŐŽůĚŽĨŐƌĂŝŶƌĞƉƌĞƐĞŶƚĞĚďLJƐĞĐƟŽŶƐ of wheat stalk heads. Together the Following Commissioner Barber’s belief that the Shire had promise and was elements form a strong image and an viable in the long term, on 23 September 1994, Minister Hallam announced that ĂƌĐŚƌĞƉƌĞƐĞŶƟŶŐƚŚĞĚŽŵŝŶĂŶĐĞŽĨƚŚĞ the Shire was here to stay. The Shire was subsequently named Golden Plains southern plains across the Shire. Shire on 1 October that year. Whilst the new Shire did not contain a main centre, it did contain many small rural townships and smaller settlements, with the major Glenelg, Hamilton and Midland Highways generally running alongside and defining the municipal Tragedy at Linton boundaries. Before council elections could take place in 1996, internal electoral KŶϮĞĐĞŵďĞƌϭϵϵϴ͕ĂďƵƐŚĮƌĞ boundaries needed to be established and later in the year the nine single burned through private land and state councillor ward structure was adopted. Elected representatives were returned in ĨŽƌĞƐƚƐŶĞĂƌ>ŝŶƚŽŶ͘&ŝƌĞĮŐŚƚĞƌƐĨƌŽŵ March of 1996. One councillor was elected from each of the nine ridings to serve ƚŚĞĞƉĂƌƚŵĞŶƚŽĨEĂƚƵƌĂůZĞƐŽƵƌĐĞƐ a three year term. At the first statutory meeting of the new Council on 21 March, and the Country Fire Authority were Des Phelan was elected as the first mayor of Golden Plains Shire. ĚĞƉůŽLJĞĚƚŽĐŽŵďĂƚƚŚĞĮƌĞĂŶĚĂƚ ĂƉƉƌŽdžŝŵĂƚĞůLJϴ͗ϰϱƉŵ͕ƚǁŽĮƌĞĮŐŚƟŶŐ By the late 1990s, Victoria had emerged from its economic recession and was appliances and their crews were enjoying substantial public and private sector investment. ĞŶƚƌĂƉƉĞĚĂŶĚĞŶŐƵůĨĞĚŝŶĮƌĞĨŽůůŽǁŝŶŐ Located between the State’s three largest cities, Melbourne, Geelong and ĂŶƵŶĞdžƉĞĐƚĞĚǁŝŶĚĐŚĂŶŐĞ͘ Ballarat, Golden Plains was ranked among the six fastest growing municipalities dŚĞĐƌĞǁŽĨŽŶĞŽĨƚŚŽƐĞĂƉƉůŝĂŶĐĞƐ͕ in Victoria in percentage terms, and within the State’s top three fastest growing ĮǀĞǀŽůƵŶƚĞĞƌƐĨƌŽŵƚŚĞ'ĞĞůŽŶŐtĞƐƚ &ƐƚĂƟŽŶ͕ǁĂƐŬŝůůĞĚ͘dŚĞLJǁĞƌĞ non-metropolitan councils. By 1998, Bannockburn had well and truly entered ŚƌŝƐƚŽƉŚĞƌ ǀĂŶƐ͕'ĂƌƌLJsƌĞĚĞǀĞůĚƚ͕ a period of sustained population growth that would see it become one of the Stuart Davidson, Jason Thomas and fastest growing towns in the nation over the next decade. DĂƩŚĞǁƌŵƐƚƌŽŶŐ͘ŵĞŵŽƌŝĂůǁĂƐ erected at both Geelong West and >ŝŶƚŽŶ͘ :ƵůLJϭϵϵϲͲdŚĞ'ŽůĚĞŶWůĂŝŶƐ'ĂnjĞƩĞŝƐůĂƵŶĐŚĞĚ dŚĞĮƌƐƚĞĚŝƟŽŶŽĨƚŚĞ'ŽůĚĞŶWůĂŝŶƐ'ĂnjĞƩĞǁĂƐĚŝƐƚƌŝďƵƚĞĚƚŽ ĞǀĞƌLJƌĂƚĞƉĂLJĞƌĂŶĚŚŽƵƐĞŚŽůĚ͘/ƚĂŝŵĞĚƚŽŬĞĞƉ^ŚŝƌĞƌĞƐŝĚĞŶƚƐ up-to-date with current community news, projects and other ŵĂƩĞƌƐŽĨůŽĐĂůŝŶƚĞƌĞƐƚ͘dŚĞĨƌŽŶƚƉĂŐĞŚĞĂĚůŝŶĞƌĞĂĚ͞dĞŶĚĞƌ ^ƵĐĐĞƐƐĨŽƌŽƵŶĐŝů^ƚĂī͟ĂŌĞƌƚŚĞƐĞƐĞƌǀŝĐĞƐǁĞƌĞƉƵƚƚŽƉƵďůŝĐ ƚĞŶĚĞƌ ƵŶĚĞƌ ƚŚĞ ^ƚĂƚĞ 'ŽǀĞƌŶŵĞŶƚ͛Ɛ ŽŵƉƵůƐŽƌLJ ŽŵƉĞƟƟǀĞ Tendering requirements. The memorial at Geelong West. March dŚĞKůLJŵƉŝĐ'ĂŵĞƐĐĂŵĞƚŽ^LJĚŶĞLJ͘ ƔƐĞĐŽŶĚŽǀĂůĂƚƚŚĞ>ĞƚŚďƌŝĚŐĞ Cr Gerald Dupe elected as dŚĞdŽƌĐŚZĞůĂLJƉĂƐƐĞĚƚŚƌŽƵŐŚĞǀĞƌLJ ZĞĐƌĞĂƟŽŶZĞƐĞƌǀĞŽƉĞŶĞĚďLJ the new Mayor of Golden municipality in the country, and on the Minister for Sport and Plains Shire. ĂLJϱϮ͕ǁĂƐĐĂƌƌŝĞĚŝŶDĞƌĞĚŝƚŚďLJƚŚĞ ZĞĐƌĞĂƟŽŶ͕dŚĞ,ŽŶ͘:ƵƐƟŶDĂĚĚĞŶ͘ 0 20 local policeman, Mick Rooney, and in ƔDƵůƟͲƉƵƌƉŽƐĞƐƚĂĚŝƵŵĂƚtŽĂĚLJ Lethbridge by Nicole Woods of Shelford zĂůŽĂŬZĞĐƌĞĂƟŽŶZĞƐĞƌǀĞ and local resident Noela Millar. announced. Ɣ Ɣ Ɣ Golden Plains Shire Annual Report 2013-14 x13 x%XLOGLQJWKH6KLUHx$JUHDWSODFHWROLYHZRUNDQGSOD\ 19 - 20 olden Plains Shire approached the new millennium riding a wave of Gpopulation growth from the nineties. The new municipality was functioning well and a robust Council-community partnership had emerged and continued to strengthen. Quite notably in 1999, Golden Plains Shire was featured in a TV commercial, which cast a spotlight on the growing Shire, emphasising the residential allure and investment attraction opportunities in the area. This generated much interest and attracted interstate enquires. By the year 2000, with strong population growth and differences emerging ŽƵŶĐŝů͛ƐĐŽŵŵƵŶŝƚLJďƵƐ͘ between the needs and aspirations of the Shire’s many communities, Council introduced the Community Development Program which became an early model for community planning throughout Victoria. 2001 kicked off with an unprecedented number of community infrastructure projects being opened, made possible through a partnership between the State Government, Council and local communities. The projects included the Civic Circle in Bannockburn, the Leighdale Equestrian Centre in Teesdale and commencement of town place works in Smythesdale. In 2002, Golden Plains was the third fastest growing municipality in regional Victoria, marking a 2.3% increase from the previous year. The Shire’s semi-rural living atmosphere and increasing community services were attracting young families. Property values had increased by 18% over the previous two years, with Bannockburn, Batesford, Gheringhap, Sutherlands Creek and surrounds increasing by more than 30%. By 2003, internet access was becoming increasingly necessary, so Council introduced two E-Gaps projects with funding assistance from the Victorian Department of Infrastructure, to provide low cost internet access with the aim of reducing social isolation, improving general communication and improving An award-winning project resources for local community groups. Path of the Ibis was an art project ĚĞǀĞůŽƉĞĚŝŶDĞƌĞĚŝƚŚďLJĂƌƟƐƚ^ƵƐĂŶ Bannockburn Shire Hall opens again in 2001 ĂƌůŽǁͲůŝŌŽŶ͘&ƵŶĚĞĚďLJƌƚƐsŝĐƚŽƌŝĂ and contributed to by Council, the ƵŝůƚŝŶϭϴϳϲĂŶĚĞdžƚĞŶĚĞĚǁŝƚŚĂŶĞǁĨĂĐĂĚĞŝŶϭϵϭϱ͕ ƉƌŽũĞĐƚǁŽŶƚǁŽĂǁĂƌĚƐŝŶϭϵϵϵ͖ĞƐƚ ƚŚĞ^ŚŝƌĞŚĂůůŝƐĂƌĐŚŝƚĞĐƚƵƌĂůůLJƐŝŐŶŝĮĐĂŶƚĂƚƚŚĞůŽĐĂů WƌĂĐƟĐĞDĂŶĂŐĞŵĞŶƚŽĨĂƵůƚƵƌĂů ůĞǀĞů͘dŚĞ ĚǁĂƌĚŝĂŶĨĂĐĂĚĞŝƐƌĞůĂƟǀĞůLJƐŽƉŚŝƐƟĐĂƚĞĚ WƌŽũĞĐƚĂƚƚŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚ ĂŶĚŐŝǀĞƐƚŚĞďƵŝůĚŝŶŐĂƐƵŝƚĂďůLJŐƌĂŶĚĂƉƉĞĂƌĂŶĐĞ͘ and Arts Leadership Awards and dŚĞ ĚǁĂƌĚŝĂŶůĞƩĞƌŝŶŐŝƐƉĂƌƟĐƵůĂƌůLJďĞĂƵƟĨƵů͘ ƚŚĞĞĂƵƟĮĐĂƟŽŶĂŶĚͬŽƌ,ĞƌŝƚĂŐĞ It was used as the former Bannockburn Council’s WƌĞƐĞƌǀĂƟŽŶǁĂƌĚĂƚƚŚĞZĞŐŝŽŶĂů ĐŚĂŵďĞƌĂŶĚŽĸĐĞƐƵŶƟůůĂƌŐĞƌ͕ŵŽƌĞŵŽĚĞƌŶ and Rural Pride Awards. ƉƌĞŵŝƐĞƐǁĞƌĞŽƉĞŶĞĚŝŶWŽƉĞ^ƚƌĞĞƚŝŶϭϵϴϮ͘^ŝŶĐĞ dŚĞǁŽƌŬŝŶǀŽůǀĞĚƚŚĞƵƐĞŽĨ ƚŚĂƚƟŵĞ͕ƚŚĞŚĂůůŚĂĚďĞĞŶƵƐĞĚŵĂŝŶůLJĨŽƌƐƚŽƌĂŐĞ͘ ƟŵďĞƌ͕ƐƚĞĞůĂŶĚĐŽŶĐƌĞƚĞŵŽƐĂŝĐ͘ In 2001, the newly refurbished Hall was re-opened Situated along Meredith’s ĨŽƌŽƵŶĐŝůŵĞĞƟŶŐƐ͕ĨŽƌƵŵƐĂŶĚŽƚŚĞƌĐŝǀŝĐĞǀĞŶƚƐ͘ Coolebarghurk Creek, it combined ĐƵůƚƵƌĂůĂŶĚĞŶǀŝƌŽŶŵĞŶƚĂůƚŚĞŵĞƐ dŚĞĂŶŶŽĐŬďƵƌŶ^ŚŝƌĞ,ĂůůŚŽƐƚĞĚŝƚƐĮƌƐƚĐŽƵŶĐŝů ƚŽĨŽƌŵĂĚĞƉŝĐƟŽŶŽĨƚŚĞŶĂƟǀĞ/ďŝƐ͛ ŵĞĞƟŶŐĨŽƌϭϴLJĞĂƌƐ͕ĨŽůůŽǁŝŶŐĂŶŽĸĐŝĂůŽƉĞŶŝŶŐ migratory path. ĐĞƌĞŵŽŶLJŽŶϮϱ:ĂŶƵĂƌLJ͕ϮϬϬϭ͘ ŽƵŶĐŝů͛ƐzŽƵƚŚKĸĐĞƌŐĂŝŶĞĚƚŚĞǀŝĞǁƐŽĨLJŽƵŶŐ ϮϬϬϭʹdŚĞ/ŶƚĞƌŶĂƟŽŶĂůzĞĂƌ people through a series of public forums. More of the Volunteer ĞŶƚĞƌƚĂŝŶŵĞŶƚ͕ƐŬĂƚĞƉĂƌŬƐ͕ŝŵƉƌŽǀĞĚƉƵďůŝĐ March dŚĞDĂLJŽƌĂŶĚŽƵŶĐŝůůŽƌƐƉƌĞƐĞŶƚĞĚŝŶĚŝǀŝĚƵĂůƐ 0 ƚƌĂŶƐƉŽƌƚ͕ĂďĞƩĞƌLJŽƵƚŚŝŵĂŐĞ͕ŵŽƌĞůŽĐĂůũŽď Cr Gerald Dupe was ĂŶĚŐƌŽƵƉƐŽĨǀŽůƵŶƚĞĞƌƐǁŝƚŚĐĞƌƟĮĐĂƚĞƐŽĨ 20 ŽƉƉŽƌƚƵŶŝƟĞƐ͕ƚŚĞĨƵŶĚŝŶŐŽĨLJŽƵƚŚŝŶŝƟĂƟǀĞƐ͕ re-elected as Mayor of ƌĞĐŽŐŶŝƟŽŶƐŝŐŶĞĚďLJƚŚĞWƌĞŵŝĞƌŽĨsŝĐƚŽƌŝĂ͕ and establishing drop-in centres were discussed. Golden Plains Shire. dŚĞ,ŽŶ͘^ƚĞǀĞƌĂĐŬƐ͘ Ɣ Ɣ Ɣ 14 x Golden Plains Shire Annual Report 2013-14 20- 20 x3URJUHVVLVPDGHx+HDOWKDQGZHOOEHLQJERRVWLQWKH6KLUH n 2004, health promotion in the municipality received a massive boost when Carrying the Baton ICouncil secured external funding to encourage and support communities /ŶDĂƌĐŚϮϬϬϲ͕DĞůďŽƵƌŶĞƉůĂLJĞĚŚŽƐƚ to become more active, to provide access to resources for residents on health to the Commonwealth Games. Councils initiatives, and to ensure better access to services. The program was focused on ĂĐƌŽƐƐsŝĐƚŽƌŝĂǁĞƌĞĂůůŽĐĂƚĞĚĂ͚ƐĞĐŽŶĚ team’ with Golden Plains Shire allocated the needs of children, young people, families and isolated older adults. ƚŚĞtĞůƐŚƚĞĂŵ͕ĂƐŝƚƐƐĞĐŽŶĚƐƵƉƉŽƌƟŶŐ This era saw Golden Plains Shire become the first council to sign up to G21, ŶĂƟŽŶĨŽƌƚŚĞ'ĂŵĞƐ͘ the Geelong Region Alliance, a body that has brought the region together. Adding to the excitement was the Planning for the Smythesdale Central Project in 2005 saw the emergence of YƵĞĞŶ͛ƐĂƚŽŶZĞůĂLJǁŚŝĐŚƚƌĂǀĞůůĞĚ the township as a regional service hub whilst providing a substantial boost to the ƚŚƌŽƵŐŚƉĂƌƚƐŽĨƚŚĞ^ŚŝƌĞŽŶϰDĂƌĐŚϮϬϬϲ͕ region’s economy, health and wellbeing. The year’s growth statistics indicated ŝŶĐůƵĚŝŶŐĂŶŶŽĐŬďƵƌŶĂŶĚ/ŶǀĞƌůĞŝŐŚ͘ KǀĞƌϱϬϬƉĞŽƉůĞďƌĂǀĞĚƚŚĞĞĂƌůLJƐƚĂƌƚƚŽ that Golden Plains was the fastest growing municipality in rural and regional encourage the local residents selected to Victoria, the Shire’s growth rate climbing from 3.51% to 3.60%. carry the Queen’s Baton. In 2006, the Bannockburn Family Services Centre was opened, and was awarded first prize by State Minister for Community and Children’s Services, the Hon. Cheryl Garbutt, in the State’s Early Years Awards in the ‘Better access to child and family support, health services and early education’ category. After suffering through years of uncompromising drought, in 2007, farmers >ͲZ͗<ĞǀŝŶEŽůĂŶ͕ZŽŶĞůůĂŶĚ across Golden Plains were now able to apply for extended drought assistance :ĂƐŽŶŽǁĚĞƌŶƐƚĂƌƚƚŚĞZĞůĂLJ͘ following the Federal Government’s announcement that the region had qualified for full Exceptional Circumstances assistance. In the lead up to the November 2008 council elections, the Victorian Electoral Commission conducted a review of the Shire’s electoral boundaries and imposed significant change. These changes meant Golden Plains had no separate ridings, and only seven councillors. dŚĞYƵĞĞŶ͛ƐĂƚŽŶŝƐ 7.45am ĞŶƐƵƐƉƌŽǀŝĚĞƐĂƐŶĂƉƐŚŽƚŝŶƟŵĞ ƉĂƐƐĞĚďĞƚǁĞĞŶ'Ăŝů Kevin Nolan WůĂƩĂŶĚdŽŶLJĞŶ dŚĞϮϬϬϲĞŶƐƵƐĚĂƚĂǁĂƐƌĞůĞĂƐĞĚŝŶ ,ĂƌƚŽŐŝŶ/ŶǀĞƌůĞŝŐŚ͘ ϮϬϬϴƉƌŽǀŝĚŝŶŐĂŶŝŶƚĞƌĞƐƟŶŐƐŶĂƉƐŚŽƚŽĨ the Golden Plains demographic. 7.52am 7.48am Ron Bell Jason Bowdern Ɣ The southeast of the Shire had grown ĂƚĂůŵŽƐƚƚŚƌĞĞƟŵĞƐƚŚĂƚŽĨƚŚĞƐƚĂƚĞ ĂǀĞƌĂŐĞŽǀĞƌƚŚĞƉĂƐƚƚĞŶLJĞĂƌƐǁŝƚŚƚŚĞ 8.11am 8.08am northwest growing at approximately one Tony Den Hartog 'ĂŝůWůĂƩ ĂŶĚĂŚĂůĨƟŵĞƐ͘KǀĞƌĂůů͕ƚŚĞ^ŚŝƌĞ͛Ɛ ŐƌŽǁƚŚƌĂƚĞǁĂƐϮ͘ϭϱйŚŝŐŚĞƌƚŚĂŶŽƚŚĞƌ regions of the state. 8.14am ƔŽŵƉĂƌĞĚƚŽƚŚĞ^ƚĂƚĞĂǀĞƌĂŐĞ͕'ŽůĚĞŶ Brian Maguire WůĂŝŶƐ^ŚŝƌĞŚĂĚĨĞǁĞƌƉĞŽƉůĞŽǀĞƌϳϬ ĂŶĚŝŶĞĂƌůLJĂĚƵůƚŚŽŽĚ;ϭϴƚŽϮϰͿ͕ďƵƚ 8.17am >ŝƐĂ^ǁĞĞƟŶŐ more people of primary school age and ďĞƚǁĞĞŶϯϱĂŶĚϰϵLJĞĂƌƐŽůĚ͘ ƔdŚĞƌĞǁĞƌĞϮ͕ϯϯϳũŽďƐǁŝƚŚŝŶƚŚĞ^ŚŝƌĞ͕ ŽĨǁŚŝĐŚũƵƐƚŽǀĞƌϳϬйǁĞƌĞŽĐĐƵƉŝĞĚďLJ >ͲZ͗YƵĞĞŶ͛ƐĂƚŽŶĐĂƌƌŝĞƌƐ'ĂŝůWůĂƩ͕ Golden Plains residents. dŽŶLJĞŶ,ĂƌƚŽŐ͕>ŝƐĂ^ǁĞĞƟŶŐĂŶĚ ƌŝĂŶDĂŐƵŝƌĞ͘ March September tŝƚŚŝƚƐĞǀĞƌŝŶĐƌĞĂƐŝŶŐƉƌŽƉŽƌƟŽŶŽĨ͕ ƌ<ĞǀŝŶ<ŶŝŐŚƚĞůĞĐƚĞĚĂƐ 'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞŚĞůĚŝƚƐĮƌƐƚ&ZĞĞ and focus on, young people, Council the new Mayor of Golden ĞǀĞŶƚŝŶĂŶŶŽĐŬďƵƌŶ͘dŚŝƐĚƌƵŐĂŶĚ doubled the percentage of total Plains Shire. ĂůĐŽŚŽůͲĨƌĞĞŵƵƐŝĐĞǀĞŶƚĨŽƌϭϰƚŽϭϴLJĞĂƌ community grants expenditure allocated 20 ŽůĚƐǁĂƐŽŶĞŽĨƐĞǀĞŶ&ZĞĞĞǀĞŶƚƐ to youth-based projects. ƉůĂŶŶĞĚĨŽƌƚŚĞĨŽůůŽǁŝŶŐƚǁĞůǀĞŵŽŶƚŚƐ͘ Ɣ Ɣ Ɣ x Council’s Tourism Master Plan. ĐŽŶƐƵŵĞƌŵĂƌŬĞƚƐĞŐŵĞŶƚƐĂƐŝĚĞŶƟĮĞĚŝŶ ũŽƵƌŶĞLJƐĂǀĂŝůĂďůĞŝŶƚŚĞƌĞŐŝŽŶƚŽƚĂƌŐĞƚ 2011. Itpromotes theexperiences and ƐƚƌĂƚĞŐŝĐƚŽƵƌŝƐŵŵĂƌŬĞƟŶŐƉƌŽŐƌĂŵŝŶ Golden PlainsShire Councillaunchesthis Taste. See.Explore. sŝƐŝƚ'ŽůĚĞŶWůĂŝŶƐ Ballarat. ƐƵĸĐŝĞŶƚƚŽƉŽǁĞƌĂŵŝĚͲƐŝnjĞĐŝƚLJ͕ƐƵĐŚĂƐ ŵŽƌĞƚŚĂŶϰϬϬ'tŚŽĨĞŶĞƌŐLJĞĂĐŚLJĞĂƌ͖ ŚĂůĨƚŽĞƌĞĐƚ͘ ƚŽŽŬĂĐƌĞǁŽĨϱϬƉĞŽƉůĞĂŶĚĂĚĂLJĂŶĚĂ tŝŶĚ&Ăƌŵ͘ ĂĐŚϭϮϲŵĞƚƌĞƚĂůůƚƵƌďŝŶĞ wind turbineswere transported to the in 2009. ĞŶĞƌŐLJĨĂƌŵĂƚDŽƵŶƚDĞƌĐĞƌ͕ǁĂƐŐƌĂŶƚĞĚ ƚŽĐŽŶƐƚƌƵĐƚƚŚĞƌĞŐŝŽŶ͛ƐĮƌƐƚƌĞŶĞǁĂďůĞ ŽŶƐĞŶƚĨŽƌDĞƌŝĚŝĂŶ ŶĞƌŐLJƵƐƚƌĂůŝĂ Renewable energy 3DYLQJWKHIXWXUH 20 dŚĞƚƵƌďŝŶĞƐĂƌĞĞdžƉĞĐƚĞĚƚŽŐĞŶĞƌĂƚĞ dŚƌŽƵŐŚŽƵƚϮϬϭϯ͕ƐĞĐƟŽŶƐŽĨϲϰůĂƌŐĞ Ɣ ĚƵƌŝŶŐKĐƚŽďĞƌϮϬϬϵ͘ ƌƚƐdƌĂŝůĞǀĞŶƚǁĂƐŚĞůĚ dŚĞĮƌƐƚ'ŽůĚĞŶWůĂŝŶƐ Showcasing local art x 6XFFHVVIXORXWFRPHVIRUFRPPXQLW\DQGWRXULVP A new tourism A map, awebsite m and afree an smartphone app sm were produced w G Golden Plains to complement t the campaign. t ƚŚĞĂƌǁŽŶĂŶĚ>ĞŝŐŚƌŝǀĞƌƐ͘ ŝŶƐƚĂůůĞĚĂƚ/ŶǀĞƌůĞŝŐŚĂŶĚĚĞƉŝĐƚƐƚŚĞŇŽǁŽĨ ĂŶĚƚĂďůĞƐ; ĚĞǀĞůŽƉĂƌƚƉŝĞĐĞƐŝŶƉƵďůŝĐƐƉĂĐĞƐ͘dŚĞƐĞĂƟŶŐ ĂƌƟƐƚƐĂŶĚĐŽŵŵƵŶŝƟĞƐǁŽƌŬŝŶŐƚŽŐĞƚŚĞƌƚŽ T ŚĞDĞĞƟŶŐWůĂĐĞĂƌƚƐƉƌŽũĞ B the trailstoexplore thetownships. ofdirectionaland theinstallation andinterpretive of signagetoencourageusers project’s successstories includethelinkingupofwalkingpathsandbike tracks infrastructure to linkthree trailsto localbusinessesin11 adjoiningtowns. The Development Project. Thisexciting program saw theimplementation ofsmall Federal Governments, School andCouncil. theBannockburn Primary weekfirst ofoperation.This4.2Mdevelopment and wasjointlyfundedby State which theShire’s non-mobilelibrary, Library, first attracted3,195 inits visitors generous communitymeeting spaces.Possibly, itsmost valuablefeature isthe prominent communityfacility boasts atown hall,acommercial kitchen and May 2012, opened.LocatedinBannockburn’s town centre, itwasofficially this project, which was(andremains) project, Council’slargest andon5 capital achievements associatedwiththeGoldenPlainsCommunityPlanning Program. peak bodyfor localgovernment professionals, recognised Council’swork and Community PlanningAward. Thishonour, given by LGPro, which isthe earned amajoraward: Excellence inLocalGovernment and -Corporate in theregion. hub,promoting thecommunityasacentralsporting healthandfitness and serve TheCentrewith lightingandtwo continuesto grow tenniscourts. andimprove which would four indoorstadium, includeatwo-court outdoornetball courts funding to beginthedevelopment oftheBannockburn Recreation Precinct, developments shape. take projects andmeeting communityneedsaw many majorprojects, programs and 2012 alsosaw therollout oftheLinkingTownships to Trails for Economic In 2011, Councilbegantheconstruction oftheBannockburn CulturalCentre In 2010, were noteworthy ofstaff formally efforts recognised whenCouncil Most notably, in2009,Councilreceived Government Federal andState ůĞŌͿ Mount Mercer WindFarm. services andinfrastructure. By2009,Council’scommitment to deliveringservices annockburn’s rapidlygrowing populationmarked theneedfor improved ďLJĂƌƟƐƚ'ůĞŶŶZŽŵĂŶŝƐ͕ǁĂƐ ct sawlocal Ɣ 20 of GoldenPlainsShire. re-elected asMayor ƌ<ĞǀŝŶ<ŶŝŐŚƚ March Golden PlainsShire AnnualReport 2013-14 dƌƵĐŬŝŶŐƚŚĞŚƵŐĞďůĂĚĞƐƚŽDŽƵŶƚDĞƌĐĞƌ͘ - Ɣ Haddon, opened. Centre basedin Northern Community The GoldenPlains April 20 x 15 16 x Golden Plains Shire Annual Report 2013-14 20- 20 Our Council Plan in Review ®ã®þÄΙçÝãÊÃÙ^Ùò® ®ò®>ÙÝ«®Ö x WƌŽŵŽƚĞĚ'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞƚŽƉŽƚĞŶƟĂů visitors and new residents at the Regional sŝĐƚŽƌŝĂ>ŝǀŝŶŐ džƉŽϮϬϭϰ͕ǁŚĞƌĞŽǀĞƌ 9,500 visitors with an interest in moving ƚŽƌĞŐŝŽŶĂůsŝĐƚŽƌŝĂĂƩĞŶĚĞĚ͘ x Delivered Municipal Fire Management WůĂŶĂĐƟŽŶƐǁŝƚŚƌĞŐĂƌĚƚŽƐŽĐŝĂů͕ economic, built and natural ĞŶǀŝƌŽŶŵĞŶƚĂůĂƐƉĞĐƚƐŽĨĮƌĞ͘&ƵƌƚŚĞƌ ŐƵŝĚĂŶĐĞĨŽƌůŽĐĂůĂŶĚƌĞŐŝŽŶĂů x &ƵůĮůůĞĚŽƵŶĐŝů͛ƐĐŽŵŵŝƚŵĞŶƚƚŽƚŚĞ x ĚŽƉƚĞĚĂŶĞǁĚǀŽĐĂĐLJĂŶĚ>ŽďďLJŝŶŐ ĂƵƚŚŽƌŝƟĞƐǁĂƐƉƌŽǀŝĚĞĚ͘ŽƵŶĐŝůĂůƐŽ ƚzŽƵƌ^ĞƌǀŝĐĞƵƐƚŽŵĞƌ^ĞƌǀŝĐĞ^ƚƌĂƚĞŐLJ WůĂŶǁŚŝĐŚŝŶĐůƵĚĞĚƚŚĞĚĞǀĞůŽƉŵĞŶƚŽĨ ƌĞǀŝĞǁĞĚŵƵŶŝĐŝƉĂůƐĞƩůĞŵĞŶƚƐƵŶĚĞƌ ŝŶĐůƵĚŝŶŐĨƌŽŶƚůŝŶĞƐƚĂīƚƌĂŝŶŝŶŐĂŶĚ ĂWƌŝŽƌŝƚLJWƌŽũĞĐƚƐŽŽŬůĞƚĨŽƌůŽďďLJŝŶŐ ƚŚĞsŝĐƚŽƌŝĂŶ&ŝƌĞZŝƐŬZĞŐŝƐƚĞƌƚŽŝŵƉƌŽǀĞ improvements to the customer request State and Federal Governments, which ĂĐĐƵƌĂĐLJĂŶĚƚŚĞĂƐƐĞƐƐŵĞŶƚŽĨƌŝƐŬŝŶ system. ĐŽŶƚƌŝďƵƚĞƐƚŽƐƵĐĐĞƐƐĨƵůĂƉƉůŝĐĂƟŽŶƐĨŽƌ ƚŚĞĨƵƚƵƌĞ͘ x Completed 160 community plan ƉƌŽũĞĐƚĨƵŶĚŝŶŐ͘ x ĞůŝǀĞƌĞĚƵƐŚĮƌĞ͛ƐZŽLJĂůŽŵŵŝƐƐŝŽŶ ŵĞĞƟŶŐƐ͕ĞŶŐĂŐŝŶŐǁŝƚŚϮϯĐŽŵŵƵŶŝƟĞƐ x Completed Mayoral events including the ŽďůŝŐĂƟŽŶƐ͕ǁŚŝůĞĐŽŶƟŶƵŝŶŐƚŽƉƵƌƐƵĞ ƐƵƉƉŽƌƟŶŐƌĞƐŝĚĞŶƚƐƚŽƉůĂŶĂŶĚĂĐŚŝĞǀĞ DĂLJŽƌĂůsŽůƵŶƚĞĞƌƐĞůĞďƌĂƟŽŶ͕ŝƟnjĞŶ ƚŚĞĮŶĂůEĞŝŐŚďŽƵƌŚŽŽĚ^ĂĨĞƌWůĂĐĞʹ ůŽĐĂůƉƌŝŽƌŝƟĞƐ͘ ZĞĐŽŐŶŝƟŽŶ͕ŝƟnjĞŶƐŚŝƉĞƌĞŵŽŶŝĞƐ͕ WůĂĐĞŽĨ>ĂƐƚZĞƐŽƌƚĨŽƌĞƌĞĞů͘ x ŶŐĂŐĞĚƌĞŐƵůĂƌůLJǁŝƚŚĂůůŽĨŽƵƌůŽĐĂů ŽŵŵƵŶŝƚLJ'ƌĂŶƚĞƌĞŵŽŶLJĂŶĚzŽƵƚŚ x DĂŝŶƚĂŝŶĞĚƚŚĞĮǀĞĞdžŝƐƟŶŐ ĐŽŵŵƵŶŝƟĞƐƚŚƌŽƵŐŚŵĞĞƟŶŐƐ͕ƐƵƌǀĞLJƐ >ĞĂĚĞƌƐŚŝƉ&ŽƌƵŵĂůŽŶŐǁŝƚŚŝŵƉŽƌƚĂŶƚ ŶĞŝŐŚďŽƵƌŚŽŽĚƐĂĨĞƌƉůĂĐĞƐŝŶĂƐƚĂƚĞŽĨ ĂŶĚǁƌŝƩĞŶƐƵďŵŝƐƐŝŽŶƐ͘ZĞƐŝĚĞŶƚ ŶĂƟŽŶĂůĞǀĞŶƚƐƐƵĐŚĂƐƵƐƚƌĂůŝĂĂLJ͘ ƌĞĂĚŝŶĞƐƐĨŽƌƚŚĞϮϬϭϯͲϭϰĮƌĞƐĞĂƐŽŶ͘ ƉĂƌƟĐŝƉĂƟŽŶŝŶĐŽŵŵƵŶŝƚLJ x ^ĞĐƵƌĞĚƌĞƉƌĞƐĞŶƚĂƟŽŶŽŶŶĂƟŽŶĂů͕^ƚĂƚĞ x ŽŶĚƵĐƚĞĚƐŝŐŶŝĮĐĂŶƚĮƌĞƉƌĞǀĞŶƟŽŶ planning rose by 9%. ĂŶĚƌĞŐŝŽŶĂůďŽĚŝĞƐĂŶĚƉĂƌƟĐŝƉĂƚĞĚŝŶ ĂĐƟǀŝƟĞƐǁŝƚŚŽǀĞƌϴϳϬĮƌĞƉƌĞǀĞŶƟŽŶ x ŽŵƉůĞƚĞĚŝŵƉůĞŵĞŶƚĂƟŽŶŽĨƚŚĞ relevant regional and State planning to ŶŽƟĐĞƐ͕ϯϲϬƉĞƌŵŝƚƐƚŽďƵƌŶĂŶĚϮϬ ŽŵŵƵŶŝĐĂƟŽŶƐĂŶĚDĂƌŬĞƟŶŐ enhance Council’s decision making and ^ĐŚĞĚƵůĞϭϮƉĞƌŵŝƚƐĨŽƌ&ďƵƌŶƐŝƐƐƵĞĚ͘ Strategy. Highlights included installing ƐƚƌĞŶŐƚŚĞŶŝƚƐĂĚǀŽĐĂĐLJŝŶŇƵĞŶĐĞ͘ x Council contractors conducted work at community event signs in key townships, ϭϬϲŶŽŶͲĐŽŵƉůŝĂŶƚƉƌŽƉĞƌƟĞƐĂŶĚϮϬŬŵ ĂĐŽŶƐƵůƚĂƟŽŶŵĂŶƵĂůĂŶĚŐƵŝĚĞůŝŶĞƐ͕ ŽĨĮƌĞďƌĞĂŬƐǁĞƌĞŐƌĂĚĞĚ͘ŽƵŶĐŝů ŵĞĚŝĂƚƌĂŝŶŝŶŐĨŽƌŽƵŶĐŝůůŽƌƐĂŶĚĂŶĞǁ ƵŶĚĞƌƚŽŽŬĂĨƵƌƚŚĞƌϱϬŬŵŽĨŐƌĂĚŝŶŐ social media manual. ĂŶĚϰϬŬŵŽĨƐůĂƐŚŝŶŐĂƐĮƌĞƉƌĞǀĞŶƟŽŶ x Delivered volunteer support programs measures. including volunteer training sessions ĂĐƌŽƐƐĂƌĂŶŐĞŽĨƚŽƉŝĐƐŽĨŝŶƚĞƌĞƐƚƚŽ volunteers and to assist them to provide quality service. “/RRNLQJWRWKHIXWXUHZHZLOOEHXVLQJWKHVXFFHVVHVZHKDYHDFKLHYHG WRJHWKHUZLWKWKHFXOWXUHWKDWZHKDYHWRFRQWLQXHWRVWUHQJWKHQWKHORFDO FRPPXQLW\7KHUH¶VQRGRXEWDERXWWKDW 5RG1LFKROOV ´ dŚĞĐŚĂŶŐĞĚĞůĞĐƟŽŶƟŵŝŶŐŵĞĂŶƚƚŚĂƚ February March & April May 6 ŽƵŶĐŝůŚĞůĚƚǁŽŶŶƵĂůDĞĞƟŶŐƐŝŶϮϬϬϰ͕ dŚĞ'ŽǀĞƌŶŽƌŽĨ zŽƵƚŚ&ĞƐƚ͛Ϭϰheld Golden Plains Shire ŽŶĞŝŶDĂƌĐŚĂŶĚŽŶĞĂŌĞƌƚŚĞEŽǀĞŵďĞƌ sŝĐƚŽƌŝĂ͕,ŝƐ džĐĞůůĞŶĐLJ at the Woady Yaloak ƚƵƌŶĞĚƚĞŶ͘ŶŽĸĐŝĂů ĞůĞĐƟŽŶƐ͘dŚŝƐŐĂǀĞƌŝůůDĐƌƚŚƵƌƚŚĞ The Honourable John and Bannockburn ĚŝŶŶĞƌŽĨŝŶǀŝƚĞĚ 0 20 unique honour of being elected Mayor twice Landy and Mrs Landy ZĞĐƌĞĂƟŽŶZĞƐĞƌǀĞƐ͘ guests celebrated in the one year. ǀŝƐŝƚƚŚĞ^ŚŝƌĞ͘ the occasion at Narmbool in Elaine. Ɣ Ɣ Ɣ Ɣ Golden Plains Shire Annual Report 2013-14 x17 THE MAJOR HIGHLIGHTS ACHIEVED, FULFILLING THE OBJECTIVES AS SET OUT IN THE COUNCIL PLAN FOR 2013-14. ÊÄÊîò½ÊÖÃÄã Äò®ÙÊÄÃÄãΙ>ÄhÝW½ÄĮĦ x /ŵƉůĞŵĞŶƚĞĚƚŚĞŽŵĞƐƟĐŶŝŵĂů Management Plan 2013-17 which encourages residents to be responsible pet owners. The Plan guided a wide ƌĂŶŐĞŽĨĞĚƵĐĂƟŽŶĂůĂŶĚƉƌŽŵŽƟŽŶĂů ĂĐƟǀŝƟĞƐƚŚŝƐLJĞĂƌ͕ĂŶĚƐƵƉƉŽƌƚĞĚŐĞŶĞƌĂů ĐŽŵƉůŝĂŶĐĞĂŶĚĞŶĨŽƌĐĞŵĞŶƚ͘ x ŽŶĚƵĐƚĞĚŶŝŶĞEĞǁŽŵĞƐƟĐŶŝŵĂů Business (DAB) audits. Audits ensure commercial animal boarding, breeding x ĞǀĞůŽƉĞĚĂŶĞǁĞͲŶĞǁƐůĞƩĞƌ͕ Y͕ x /ŵƉůĞŵĞŶƚĞĚĂĐƟŽŶƐĨƌŽŵƚŚĞϮϬϭϭͲϮϬϭϲ and training establishments are delivered quarterly to over 700 ŶǀŝƌŽŶŵĞŶƚ^ƚƌĂƚĞŐLJ͕ǁŚŝĐŚŽƵƚůŝŶĞƐƚŚĞ ĐŽŵƉůŝĂŶƚǁŝƚŚƚŚĞŽŵĞƐƟĐŶŝŵĂůĐƚ businesses in Golden Plains. ĨƵƚƵƌĞĚŝƌĞĐƟŽŶĂŶĚĂĐƟŽŶƐŝŶŵĂŶĂŐŝŶŐ ĂŶĚƌĞůĞǀĂŶƚĐŽĚĞƐŽĨƉƌĂĐƟĐĞ͘ x ^ƵƉƉŽƌƚĞĚƉƌĞƉĂƌĂƟŽŶĨŽƌƚŚĞƌŽůůŽƵƚŽĨ our environment. x Reported a 2.5% decrease in dog and cat Bannockburn’s natural gas network. x ĚŽƉƚĞĚĂŶĞǁ ŶǀŝƌŽŶŵĞŶƚ^ƚƌĂƚĞŐLJĨŽƌ ƌĞŐŝƐƚƌĂƟŽŶƐ;ϱϰϳϳĂŶĚϭϭϭϮƌĞƐƉĞĐƟǀĞůLJͿ x ^ƵƉƉŽƌƚĞĚEEŽŝŶƚŚĞƌŽůůŽƵƚŽĨĮdžĞĚ ƚŚĞƌƵĐĞƐƌĞĞŬZĞƐĞƌǀĞǁŝƚŚĂĐƟŽŶƐƚŽ in 2013-14. However, delivered a ǁŝƌĞůĞƐƐƚŽǁĞƌƐĂĐƌŽƐƐƚŚĞŶŽƌƚŚŽĨƚŚĞ ĂĐŚŝĞǀĞĂďĂůĂŶĐĞďĞƚǁĞĞŶƌĞĐƌĞĂƟŽŶĂů ƚĞŶĨŽůĚŝŶĐƌĞĂƐĞŝŶƚŚĞŶƵŵďĞƌŽĨůŽƐƚ Shire. use and environment. pets returned to owners due to the x DĂŶĂŐĞĚƚŚĞĚĞůŝǀĞƌLJŽĨΨϭDŐƌĂŶƚ x &ĂĐŝůŝƚĂƚĞĚƚŚĞĂĚŽƉƟŽŶŽĨZĞŐŝŽŶĂů ƌĞŐŝƐƚƌĂƟŽŶŽĨƚŚĞƐĞƉĞƚƐ͘ ĨƵŶĚŝŶŐ͕ĨƌŽŵƚŚĞ^ƚĂƚĞ'ŽǀĞƌŶŵĞŶƚ͕ĨŽƌ 'ƌŽǁƚŚWůĂŶƐĨŽƌƚŚĞ'ϮϭĂŶĚĞŶƚƌĂů x ZĞƉŽƌƚĞĚĂϱϬйĚĞĐƌĞĂƐĞŝŶĚŽŐĂƩĂĐŬƐ ƚŚĞ>ĞƚŚďƌŝĚŐĞŝƌƉŽƌƚƵƉŐƌĂĚĞ͘ Highlands regions. These plans provide a ĨƌŽŵϮϬϭϮͲϭϯƚŽϮϬϭϯͲϭϰ͘ x WƌŽŐƌĞƐƐĞĚƚŚĞĚĞǀĞůŽƉŵĞŶƚŽĨ ƐŚĂƌĞĚǀŝƐŝŽŶĨŽƌƚŚĞƌĞŐŝŽŶŝŶƌĞƐƉŽŶĚŝŶŐ x dƌŝĂůůĞĚĂĐĂƚĚĞƐĞdžŝŶŐƌĞŝŵďƵƌƐĞŵĞŶƚ ƚŚĞ'ŽůĚĞŶWůĂŝŶƐ&ŽŽĚWƌŽĚƵĐƟŽŶ ƚŽƉŽƉƵůĂƟŽŶŐƌŽǁƚŚ͘ ƉƌŽŐƌĂŵǁŚŝĐŚĂƐƐŝƐƚĞĚŝŶƚŚĞƐƚĞƌŝůŝƐĂƟŽŶ WƌĞĐŝŶĐƚŶĞĂƌ>ĞƚŚďƌŝĚŐĞ͕ŝŶĐůƵĚŝŶŐƚŚĞ x Incorporated two new structure plans, ŽĨϯϬƌĞŐŝƐƚĞƌĞĚĐĂƚƐǁŝƚŚŝŶƚŚĞ^ŚŝƌĞ͘ ƉƌĞƉĂƌĂƟŽŶĨŽƌĂƌǁŽŶtĂƚĞƌ͛ƐĚĞůŝǀĞƌLJ ĨŽƌ'ŚĞƌŝŶŐŚĂƉĂŶĚ^ŚĞůĨŽƌĚ͕ǁŚŝĐŚŐƵŝĚĞ x Processed 422 planning permit ŽĨǁĂƚĞƌƐƵƉƉůLJŝŶǀŽůǀŝŶŐΨϭϭ͘ϳϴDŽĨ township development into the Golden ĂƉƉůŝĐĂƟŽŶƐ͖ϴϳйŽĨƚŚĞƐĞǁĞƌĞĚĞĐŝĚĞĚ ĨƵŶĚŝŶŐ͘ WůĂŝŶƐWůĂŶŶŝŶŐ^ĐŚĞŵĞ͘ŶĞǁWůĂŶĨŽƌ within 60 days. x Provided business support and Napoleons was also prepared. x /ŵƉůĞŵĞŶƚĞĚĂŶƵŵďĞƌŽĨƉƵďůŝĐƐĂĨĞƚLJ ĨĂĐŝůŝƚĂƟŽŶ͕ĂŶĚƉƌŽǀŝĚĞĚĂĐĐĞƐƐƚŽ^ƚĂƚĞ x DĂŶĂŐĞĚĨƵŶĚŝŶŐĨŽƌ^ĐŚŽŽůdƌĞĞ ŝŶŝƟĂƟǀĞƐƌĞůĂƚĞĚƚŽƉŽŽůƐĂŶĚƐŵŽŬĞ Government programs and assistance. Day, where nine primary schools took ĂůĂƌŵƐ͘ƐĂƌĞƐƵůƚ͕ŽƵŶĐŝůƐƵĐĐĞƐƐĨƵůůLJ x ŽŵƉůĞƚĞĚƚŚĞΨϭϯϬ͕ϬϬϬ>ŝŶŬŝŶŐdŽǁŶƐ ĂĚǀĂŶƚĂŐĞŽĨƉƵďůŝĐĨƵŶĚƐƚŽŝŵƉƌŽǀĞƚŚĞ ƌĞƐŽůǀĞĚϮϯŶŽƟĐĞƐƌĞůĂƟŶŐƚŽƵŶƐĂĨĞ ƚŽdƌĂŝůƐWƌŽũĞĐƚ͘dŚŝƐĚĞůŝǀĞƌĞĚƐŝŐŶŝĮĐĂŶƚ ĞŶǀŝƌŽŶŵĞŶƚ͘KǀĞƌϮϬϬϬƚƌĞĞƐ͕ƐŚƌƵďƐ pools. tourism signage, trail plaques and and grasses were planted across the Shire x ŽŶĚƵĐƚĞĚϭϳϬŝŶƐƉĞĐƟŽŶƐŽĨƌĞŐŝƐƚĞƌĞĚ ďƌŽĐŚƵƌĞƐĨŽƌĂŶƵŵďĞƌŽĨƚŽǁŶƐĂĐƌŽƐƐ on the day. ĨŽŽĚƉƌĞŵŝƐĞƐ͕ĞŶƐƵƌŝŶŐŚŝŐŚůĞǀĞůƐŽĨ ƚŚĞŶŽƌƚŚŽĨƚŚĞ^ŚŝƌĞ͘ x Focussed on pest plant and animal ĨŽŽĚƐĂĨĞƚLJĂŶĚĐŽŵƉůŝĂŶĐĞ͘ control on Council owned and managed x Conducted 647 monitoring and ůĂŶĚ͘ŽƵŶĐŝůƚƌĞĂƚĞĚŽǀĞƌϳϬϬŬŵŽĨ ĂƐƐĞƐƐŵĞŶƚŽĨǁĂƐƚĞǁĂƚĞƌƚƌĞĂƚŵĞŶƚ roadside to control serrated tussock ŝŶƐƉĞĐƟŽŶƐ͘tĂƚĞƌƚƌĞĂƚŵĞŶƚƌĞƉƌĞƐĞŶƚƐ ĂŶĚĂĨƵƌƚŚĞƌϲϱϬŬŵƚŽĐŽŶƚƌŽůŐŽƌƐĞ ƚŚĞůĂƌŐĞƐƚĞůĞŵĞŶƚŽĨŽƵŶĐŝů͛Ɛ ŝŶĨĞƐƚĂƟŽŶƐ͘ZĂďďŝƚƐǁĞƌĞĂůƐŽƚĂƌŐĞƚĞĚ ŶǀŝƌŽŶŵĞŶƚĂů,ĞĂůƚŚWƌŽŐƌĂŵ͘ ƚŚƌŽƵŐŚǁĂƌƌĞŶďůĂƐƟŶŐĂŶĚĨƵŵŝŐĂƟŽŶ͘ dŚĞLJĞĂƌ͛ƐŐƌŽǁƚŚƐƚĂƟƐƟĐƐŝŶĚŝĐĂƚĞĚ ŽŶƐƚƌƵĐƟŽŶďĞŐŝŶƐŽŶƚŚĞ December that Golden Plains was the fastest ĂŶŶŽĐŬďƵƌŶ&ĂŵŝůLJ^ĞƌǀŝĐĞƐ ƌĂǀŝĚŽƚƐĞůůĞůĞĐƚĞĚĂƐ growing municipality in rural and Centre. Mayor Bill McArthur, the new Mayor of Golden ƌĞŐŝŽŶĂůsŝĐƚŽƌŝĂ͘dŚĞ^ŚŝƌĞ͛ƐŐƌŽǁƚŚ Terry Mulder and Stewart Plains Shire. 20 ƌĂƚĞĐůŝŵďĞĚĨƌŽŵϯ͘ϱϭйƚŽϯ͘ϲϬй͘ DĐƌƚŚƵƌǁĂƚĐŚĂƐƌĂǀŝĚ ŽƚƐĞůůƚƵƌŶƐƚŚĞĮƌƐƚƐŽĚ͘ WŝĐƚƵƌĞ͗'ŽůĚĞŶWůĂŝŶƐ'ĂnjĞƩĞ͕ϮϬϬϱ͘ Ɣ Ɣ Ɣ x x x x &®ÄÄ®½ÃĦÃÄã 18 20 20 ŵĂũŽƌĐŽŵŵƵŶŝƚLJŝŶĨƌĂƐƚƌƵĐƚƵƌĞ͘ ĚŝƐĐƌĞƟŽŶĂƌLJƌĞƚĂŝŶĞĚĞĂƌŶŝŶŐƐƚŽĚĞůŝǀĞƌ ĂŶĚƵƟůŝƐĞĚĂƉƉƌŽƉƌŝĂƚĞůĞǀĞůƐŽĨ ^ĞĐƵƌĞĚĨƵŶĚŝŶŐĂŶĚďŽƌƌŽǁŝŶŐƐ ĨƵƚƵƌĞ͘ to accesslower cost borrowings inthe WƌŽǀŝĚĞĚƚŚĞŽƉƉŽƌƚƵŶŝƚLJĨŽƌŽƵŶĐŝů &ƵŶĚŝŶŐsĞŚŝĐůĞďĞŝŶŐĞƐƚĂďůŝƐŚŝŶŐ͘ ŽĨƉĂƌƟĐŝƉĂƟŶŐŝŶƚŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚ sŝĐƚŽƌŝĂƚŽĞǀĂůƵĂƚĞƚŚĞƉŽƚĞŶƟĂůďĞŶĞĮƚƐ >ŝĂŝƐĞĚǁŝƚŚƚŚĞDƵŶŝĐŝƉĂůƐƐŽĐŝĂƟŽŶŽĨ ZĂƟŶŐ^ƚƌĂƚĞŐLJ͘ the CouncilPlanandincludescurrent ^ƚƌĂƚĞŐŝĐZĞƐŽƵƌĐĞWůĂŶ͘dŚŝƐĮŶĂŶĐĞƐ /ŵƉůĞŵĞŶƚĞĚƚŚĞĮƌƐƚLJĞĂƌŽĨŽƵŶĐŝů͛Ɛ x GoldenPlainsShire AnnualReport 2013-14 Ɣ >ŝĨĞƐƚLJůĞƉƌŽƐƉĞĐƚƵƐ͘ ĂůŽŶŐǁŝƚŚƚŚĞ>ŽĐĂƟŽŶΘ Tourist Mapwas launched, The newGoldenPlains March - ,çÃÄ^çÖÖÊÙã^Ùò®Ý x x x x x x x Our CouncilPlaninReview ǁĞůůĂƐƐŽĐŝĂůŽƵƟŶŐƐ͘ specialist andmedical appointments, as ƉĞŽƉůĞǁŚŽĂƌĞĚŝƐĂĚǀĂŶƚĂŐĞĚƚŽĂƩĞŶĚ community transport to support service ĞůŝǀĞƌĞĚĂƌĞƐƉŽŶƐŝǀĞĂŶĚŇĞdžŝďůĞ ƉĂƚŚŽůŽŐŝƐƚĂŶĚĚŝĞƟĐŝĂŶŝŶĂŶŶŽĐŬďƵƌŶ͘ ŽĨĂĐŽŵŵƵŶŝƚLJŚĞĂůƚŚŶƵƌƐĞ͕ƐƉĞĞĐŚ ,ĞĂůƚŚĚĞůŝǀĞƌĞĚƌĞŐƵůĂƌĂƩĞŶĚĂŶĐĞ Council, inpartnership withBarwon maternal andchildhealth. audiologist, physiologist, podiatry, and ŶƵƌƐĞ͕ŐĞŶĞƌĂůƉƌĂĐƟƟŽŶĞƌ͕ĚŝĞƟĐŝĂŶ͕ ǁĞĞŬ͘KƚŚĞƌƐĞƌǀŝĐĞƐŝŶĐůƵĚĞĂƉƌĂĐƟĐĞ ŵĞĚŝĐŝŶĞƐĂŶĚĂĚǀŝĐĞĮǀĞĚĂLJƐƉĞƌ ŽƉĞƌĂƟŶŐĨŽƌŝŵŵĞĚŝĂƚĞƐƵƉƉůLJŽĨ Community Hubprovided apharmacist Smythesdale Business,Healthand ŶĞƚǁŽƌŬŽĨĐŽŵŵƵŶŝƚLJŚĞĂůƚŚĐĞŶƚƌĞƐ͘ ^ƵƉƉŽƌƚĞĚƚŚĞĚĞǀĞůŽƉŵĞŶƚŽĨĂ Program at allplaygroups intheShire. Implemented thepopularPlaygroup Plus child healthservice. kindergarten cluster andmaternal and ƚŚĞĂŶŶƵĂůƐĞƌǀŝĐĞŝŵƉƌŽǀĞŵĞŶƚƉůĂŶƐĨŽƌ Developed, implemented andevaluated Framework. ƚŚĞEĂƟŽŶĂů ĂƌůLJŚŝůĚŚŽŽĚYƵĂůŝƚLJ ƐĞƌǀŝĐĞƐƚŽďĞĨŽƌŵĂůůLJĂƐƐĞƐƐĞĚƵŶĚĞƌ ƌĂƟŶŐĨŽƌƚŚĞĮƌƐƚƚŚƌĞĞĞĂƌůLJĐŚŝůĚŚŽŽĚ ĐŚŝĞǀĞĚĂŶ͚ĞdžĐĞĞĚŝŶŐŶĂƟŽŶĂůƐƚĂŶĚĂƌĚ͛ sustainable earlychildhoodservices. KƉĞƌĂƚĞĚŚŝŐŚƋƵĂůŝƚLJĂŶĚĮŶĂŶĐŝĂůůLJ Ɣ ĞĚƵĐĂƟŽŶ͛ĐĂƚĞŐŽƌLJ͘ ƚŽĐŚŝůĚĂŶĚĨĂŵŝůLJƐƵƉƉŽƌƚ͕ŚĞĂůƚŚƐĞƌǀŝĐĞƐĂŶĚĞĂƌůLJ ƚŚĞ^ƚĂƚĞ͛Ɛ ĂƌůLJzĞĂƌƐǁĂƌĚƐŝŶƚŚĞ͚ĞƩĞƌĂĐĐĞƐƐ ĂŶĚŚŝůĚƌĞŶ͛Ɛ^ĞƌǀŝĐĞƐ͕dŚĞ,ŽŶ͘ŚĞƌLJů'ĂƌďƵƩ͕ŝŶ ĂǁĂƌĚĞĚĮƌƐƚƉƌŝnjĞďLJ^ƚĂƚĞDŝŶŝƐƚĞƌĨŽƌŽŵŵƵŶŝƚLJ dŚĞĂŶŶŽĐŬďƵƌŶ&ĂŵŝůLJ^ĞƌǀŝĐĞƐĞŶƚƌĞǁĂƐ October x x x x x ò½ÊÖÃÄã ZÙã®ÊÄΙÊÃÃçÄ®ãù in 10 primary schools. in 10primary secondary school.Delivered thisprogram ƐƚƵĚĞŶƚƐƚƌĂŶƐŝƟŽŶĨƌŽŵƉƌŝŵĂƌLJƚŽ university students to assist Grade 6 secondary students andeight local Created aprogram witheight local ŶŽƌƚŚŽĨƚŚĞ^ŚŝƌĞ͘ ĨŽƌLJŽƵŶŐƉĞŽƉůĞĂŶĚƚŚĞŝƌĨĂŵŝůŝĞƐŝŶƚŚĞ ƌĞŐŝŽŶĂůƐĞĐŽŶĚĂƌLJƐĐŚŽŽůƐĨƌŽŵĂůůĂƌĂƚ͕ ^ĞĐŽŶĚĂƌLJ^ĐŚŽŽůƐ džƉŽ͕ǁŚŝĐŚŝŶĐůƵĚĞĚ ,ĞůĚƚŚĞĮƌƐƚ'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞ the Shire. ůĞĂĚĞƌƐĨƌŽŵƚŚĞƉƌŝŵĂƌLJƐĐŚŽŽůƐĂĐƌŽƐƐ &ŽƌƵŵĂƩĞŶĚĞĚďLJŽǀĞƌϲϬLJŽƵŶŐůŽĐĂů ŽŶĚƵĐƚĞĚƚŚĞ'ŽůĚĞŶWůĂŝŶƐ>ĞĂĚĞƌƐŚŝƉ ŽƌŐĂŶŝƐĂƟŽŶƐƚŽƚĂůůŝŶŐΨϴϰ͕ϴϯϮ͘ Paid 34community grants to community KĸĐĞƌƐĂƚŽŵŵŝƩĞĞŵĞĞƟŶŐƐ͘ ĂŶĚŝŶĐƌĞĂƐĞĚƐƵƉƉŽƌƚĨƌŽŵZĞĐƌĞĂƟŽŶ ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ͕ŐŽǀĞƌŶĂŶĐĞ͕ĮŶĂŶĐĞ /ŶƐƚƌƵŵĞŶƚŽĨĞůĞŐĂƟŽŶƌŽůĞƐĂŶĚ ŽĨDĂŶĂŐĞŵĞŶƚƚŚƌŽƵŐŚƚƌĂŝŶŝŶŐŝŶ ^ƚƌĞŶŐƚŚĞŶĞĚZĞĐƌĞĂƟŽŶŽŵŵŝƩĞĞƐ Ɣ of GoldenPlainsShire. re-elected asMayor ƌĂǀŝĚŽƚƐĞůů November FRQWLQXHG x x x x x x the local community. ƵŶŝǀĞƌƐŝƟĞƐ͕ǀĂƌŝŽƵƐƐĞƌǀŝĐĞƉƌŽǀŝĚĞƌƐĂŶĚ ĞŵƉůŽLJŵĞŶƚĂŶĚƚƌĂŝŶŝŶŐŽƌŐĂŶŝƐĂƟŽŶƐ͕ ƌĞŐŝŽŶĂůƐĞĐŽŶĚĂƌLJƐĐŚŽŽůƐ͕ĞĚƵĐĂƟŽŶ͕ ƉĂƌƟĐƵůĂƌůLJǁŝƚŚůŽĐĂůƐĐŚŽŽůƐ͕ partnerships throughout theyear ŽŶƟŶƵĞĚƚŽĨŽƌŵĂŶĚĚĞǀĞůŽƉ ĂƌƚŐĞŶƌĞŽĨƚŚĞŝƌĐŚŽŝĐĞ͘ ĂůŽŶŐƐŝĚĞĞƐƚĂďůŝƐŚĞĚůŽĐĂůĂƌƟƐƚƐŝŶƚŚĞ LJŽƵŶŐƉĞŽƉůĞƉĂƌƟĐŝƉĂƚĞĚĂŶĚǁŽƌŬĞĚ zŽƵƚŚƌƚDĞŶƚŽƌƐŚŝƉŝŶǁŚŝĐŚϭϱ ŽŶĚƵĐƚĞĚƚŚĞĮƌƐƚĞǀĞƌ'ŽůĚĞŶWůĂŝŶƐ business sponsors. ^ŚŝƌĞ͕ǁŚŝĐŚŝŶǀŽůǀĞĚϲϬнĂƌƟƐƚƐĂŶĚϭϭ dƌĂŝů͕ĂƩƌĂĐƟŶŐŽǀĞƌϭϱϬϬǀŝƐŝƚŽƌƐƚŽƚŚĞ Shire ArtsStrategy andheldthe2014Arts >ĂƵŶĐŚĞĚƚŚĞŝŶĂƵŐƵƌĂů'ŽůĚĞŶWůĂŝŶƐ required. ĮŶĚĂƉƉƌŽƉƌŝĂƚĞůŽĐĂůĂƐƐŝƐƚĂŶĐĞǁŚĞŶ Directory to assist young peopleto ƐƚĂďůŝƐŚĞĚĂŶŽŶůŝŶĞzŽƵƚŚ,ĞĂůƚŚ throughout theShire. ŶƵŵĞƌŽƵƐƐĐŚŽŽůŚŽůŝĚĂLJĂĐƟǀŝƟĞƐ ǀĞŚŝĐůĞ͘ŝsĂŶŚĂƐĂƩĞŶĚĞĚĞǀĞŶƚƐĂŶĚ ŽŵƉůĞƚĞĚŝsĂŶ͕ƚŚĞLJŽƵƚŚĞŶŐĂŐĞŵĞŶƚ the year. LJŽƵŶŐƉĞŽƉůĞĂŶĚĚĞůŝǀĞƌĂĐƟǀŝƟĞƐĨŽƌ ĞƐƚĂďůŝƐŚĞĚƚŽĂĚǀŽĐĂƚĞĨŽƌƚŚĞŶĞĞĚƐŽĨ ŽŵŵŝƩĞĞĂŶĚ&ZĞĞŽŵŵŝƩĞĞ͕ WƌŽǀŝĚĞĚƐƵƉƉŽƌƚĨŽƌƚŚĞzŽƵƚŚsŽŝĐĞ 20 T HE Ɣ MAJOR HIGHLIGHTS ACHIEVED , Shire. ŚŝŶĂ͕ǀŝƐŝƚĞĚ'ŽůĚĞŶWůĂŝŶƐ yŝĂŶŐƚĂŶ͕,ƵŶĂŶWƌŽǀŝŶĐĞŝŶ ŚŝŶĞƐĞĚĞůĞŐĂƟŽŶĨƌŽŵ August FULFILLING x x x x /Ä¥ÙÝãÙçãçÙ ZÊÝΙ^ãÙãÝ ŚĞĂǀLJǀĞŚŝĐůĞƌŽƵƚĞƐĨŽƌĂŶŶŽĐŬďƵƌŶ͘ ĨƌŽŵ^ƚĂƚĞ'ŽǀĞƌŶŵĞŶƚŽŶĂůƚĞƌŶĂƟǀĞ ŽŶĚƵĐƚĞĚĂĨĞĂƐŝďŝůŝƚLJƐƚƵĚLJǁŝƚŚĨƵŶĚŝŶŐ ^ŚŝƌĞ͛ƐƉƌŝŽƌŝƟĞƐŝŶƚŚŽƐĞĨŽƌƵŵƐ͘ ŽŵŵŝƩĞĞƐƚŽĂĚǀŽĐĂƚĞĨŽƌ'ŽůĚĞŶWůĂŝŶƐ 'ĞĞůŽŶŐZĞŐŝŽŶdƌĂŶƐƉŽƌƚĂƟŽŶWůĂŶŶŝŶŐ both Central HighlandsRegion andG21 Represented Councilandcommunity on Roads). Theseworks totalled $4.82M. ƚŚĞĞƩĞƌZŽĂĚƐsŝĐƚŽƌŝĂʹ>ŽĐĂůdŝŵďĞƌ ;ŽƵŶƚƌLJZŽĂĚƐĂŶĚƌŝĚŐĞƐ/ŶŝƟĂƟǀĞĂŶĚ Program) andtheState Government Federal Government (Roads to Recovery ƉƌŽũĞĐƚƐǁĞƌĞĨƵŶĚĞĚďLJŽƵŶĐŝů͕ƚŚĞ Council’s Road Strategy. Road upgrade maintenance works inaccordance with ŽŶĚƵĐƚĞĚƌŽĂĚĐŽŶƐƚƌƵĐƟŽŶĂŶĚ and Smythesdale. the GlenelgHighway between Ballarat between GeelongandBannockburn ĚƵƉůŝĐĂƟŽŶŽĨƚŚĞDŝĚůĂŶĚ,ŝŐŚǁĂLJ ŽůĂĐͲĂůůĂƌĂƚZŽĂĚĂŶĚĂůƐŽĨŽƌƚŚĞ Highway, theMidlandHighway andthe overtaking lanesontheHamilton ŽŶƟŶƵĞĚƚŽĂĚǀŽĐĂƚĞsŝĐZŽĂĚƐĨŽƌ THE OBJECTIVES Ɣ ĞdžĐĞĞĚĞĚΨϮϬŵŝůůŝŽŶ͘ ĮƌƐƚƟŵĞ͕ŽƵŶĐŝů͛ƐƌĞǀĞŶƵĞ ƌĞĂĐŚĞĚŝŶϮϬϬϳǁŚĞŶĨŽƌƚŚĞ ĮŶĂŶĐŝĂůŵŝůĞƐƚŽŶĞǁĂƐ AS SET OUT Golden PlainsShire AnnualReport 2013-14 x x x x x tÝãDĦÃÄã IN ŽƉĞƌĂƟŽŶƐŽŶĂƌĞŐƵůĂƌďĂƐŝƐ͘ ƌĞƐŝĚĞŶƚƐƚŽŵŽŶŝƚŽƌƚŚĞůĂŶĚĮůů ǁŝƚŚƚŚĞŝƚLJŽĨĂůůĂƌĂƚĂŶĚůŽĐĂů ZĞŐŝŽŶĂů>ĂŶĚĮůůDŽŶŝƚŽƌŝŶŐŽŵŵŝƩĞĞ Represented CouncilontheSmythesdale when applicable. West Region Resource Recovery Group establish links to thenewBarwon South Resource Recovery Group whichwill Grampians Wimmera Region Water and ĞĐĂŵĞĂŵĞŵďĞƌŽĨƚŚĞŶĞǁůLJĨŽƌŵĞĚ arrangement. contract ŽƵŶĐŝůĨŽƌĐŽͲŵŝŶŐůĞĚƉƌŽĚƵĐƚƵŶĚĞƌĂ Geelong whichprovides payment to ĂŶĚĚĞůŝǀĞƌĞĚƚŽ^ FOR 2013-14. x 19 -1.0 0.0 3.0 4.0 1.0 2.0 12 12 ϭϱ ϭϱ ďĞƟĞŽƵĐůdŝĚĐŵŶĐŶ Ğ ŽŶŽŽƵŶĐŝů͛Ɛ ŽŶ ĨŽƵŶĚ ďĞ ĐĂŶ ǁĞďƐŝƚĞĂƚǁǁǁ͘ŐŽůĚĞŶƉůĂŝŶƐ͘ǀŝĐ͘ŐŽǀ͘ĂƵ͘ ĚŽĐƵŵĞŶƚ dŚŝƐ ŽƵŶĐŝů͘ ŽĨ ŽďũĞĐƟǀĞƐ ŝŶĐŽƌƉŽƌĂƟŶŐ Council’s Strategic Resource WůĂŶ͕ Plan,whichfocuses onthelonger term ŽƵŶĐŝů ƚŚĞ ǁŝƚŚ ĐŽŶũƵŶĐƟŽŶ ŝŶ ZĞƉŽƌƚ ŶŶƵĂů ŽƵŶĐŝůĨŽƌƚŚĞϮϬϭϯͲϭϰĮŶĂŶĐŝĂůLJĞĂƌ͘/ƚŝƐŝŵƉŽƌƚĂŶƚƚŽĐŽŶƐ dŚĞƉƵƌƉŽƐĞŽĨƚŚĞŶŶƵĂůZĞƉŽƌƚŝƐƚŽĐŽŶǀĞLJƚŚĞƉĞƌĨŽƌŵĂŶĐĞŽ Our FinancialPerformance at a Glance 20 20 ǀŝƐƵĂ ǁŚŝĐŚ ŐƌĂƉŚƐ ŝŶĐůƵĚŝŶŐ LJĞĂƌ͕ ƚŚĞ ĨŽƌ ƉĞƌĨŽƌŵĂŶĐĞ ĮŶĂŶĐŝĂů 0 0 3 ϵ 3 ϵ ϲ ϲ dŚĞĨŽůůŽǁŝŶŐŬĞLJŝŶĚŝĐĂƚŽƌƐƉƌŽǀŝĚĞĂďƌŝĞĨŽǀĞƌǀŝĞǁŽĨŽƵŶĐŝ Ɣ x GoldenPlainsShire AnnualReport 2013-14 ^ĞƌǀŝĐĞƐĞŶƚƌĞ͘ at theBannockburn Family ŚŝůĚƌĞŶ͛Ɛ^ĞƌǀŝĐĞƐŽŶĨĞƌĞŶĐĞ dŚĞĮƌƐƚ'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞ February 2009-10 2009-10 2009-10 ϭϯ͘ϱϮ Ϭ͘ϱϴ ϯ͘ϵϴ 2010-11 2010-11 2010-11 10.14 ͲϬ͘ϱϮ ϯ͘ϯϱ 2011-12 2011-12 2011-12 ϭϰ͘ϭϵ 11.1 ϯ͘Ϯϵ Ɣ 2012-13 2012-13 2012-13 ϭϬ͘ϲϭ ϳ͘ϱϮ ϭ͘ϵϯ 2013-14 2013-14 2013-14 ŝĚĞƌƚŚŝƐ ϰ͘ϳϱ ϵ͘ϰϳ ϭ͘ϵϴ ůůLJ ů͛Ɛ Ĩ ďĞŐŝŶŶŝŶŐŽŶƉĂŐĞϰϭ͕ƌĞƐƉĞĐƟǀĞůLJ͘ Statements located onpages 31to 40andtheFinancialReport ĂŐĂŝŶƐƚďƵĚŐĞƚĂŶĚƚŚĞƉƌĞǀŝŽƵƐLJĞĂƌ͕ƉůĞĂƐĞƌĞĨĞƌƚŽƚŚĞ^ƚĂŶĚ ĂƌĞ ĂŶĚ ƉĞƌĨŽƌŵĂŶĐĞ ĮŶĂŶĐŝĂů ŵĞĂƐƵƌĞ consistently appliedby Council. ƚŽ ƵƐĞĚ ƚŽŽůƐ ĐŽŵŵŽŶ demonstrate therecent trend ofeach.Thesekey indicators are ZĞƐƵůƚǁŽƵůĚŚĂǀĞďĞĞŶŝŶƐƵƌƉůƵƐ͘ ŝŶŐƌĂŶƚƌĞǀĞŶƵĞŽĨΨϮ͘ϲD͘tŝƚŚŽƵƚƚŚŝƐĐŚĂŶŐĞ͕ƚŚĞhŶĚĞƌůLJŝŶŐ ĂǀĂŝůĂďůĞŝŶƚŚĞ:ƵŶĞƉƌŝŽƌ͘dŚĞŝŵƉĂĐƚŽĨƚŚŝƐĚĞĐŝƐŝŽŶǁĂƐĂ ƌĞŵŽǀĞƚŚĞƉƌĂĐƟĐĞŽĨŵĂŬŝŶŐϱϬйŽĨƚŚĞ&ŝŶĂŶĐŝĂůƐƐŝƐƚĂŶĐĞ'ƌ ϭϰǁĂƐŶĞŐĂƟǀĞůLJŝŵƉĂĐƚĞĚďLJƚŚĞ&ĞĚĞƌĂů'ŽǀĞƌŶŵĞŶƚ͛ƐĚĞĐŝƐŝŽŶ ŝŶĂ͚ŶŽƌŵĂů͛LJĞĂƌ͘ŽƚŚƚŚĞKƉĞƌĂƟŶŐĂŶĚhŶĚĞƌůLJŝŶŐZĞƐƵůƚĨŽ ŵŽƌĞĂĐĐƵƌĂƚĞůLJƌĞƉƌĞƐĞŶƚƐƚŚĞƚƌƵĞĮŶĂŶĐŝĂůƉĞƌĨŽƌŵĂŶĐĞŽĨŽƵ ƌĞŵŽǀŝŶŐƚŚĞĞīĞĐƚŽĨŽŶĞͲŽīŝƚĞŵƐŽŶƚŚĞ/ŶĐŽŵĞ^ƚĂƚĞŵĞŶƚĂŶĚ ƉĂŐĞϯϭŝƐĂĚĞĮĐŝƚŽĨΨϭ͘ϯD͘dŚĞƵŶĚĞƌůLJŝŶŐƌĞƐƵůƚŝƐĐĂůĐƵůĂ dŚĞ͚hŶĚĞƌůLJŝŶŐZĞƐƵůƚ͛ƐŚŽǁŶŽŶƚŚĞ^ƚĂŶĚĂƌĚ/ŶĐŽŵĞ^ƚĂƚĞŵĞŶƚ ďƵĚŐĞƚ͘,ŽǁĞǀĞƌ͕ƚŚŝƐ͚ŚĞĂĚůŝŶĞ͛ĮŐƵƌĞĐĂŶďĞŵŝƐůĞĂĚŝŶŐ͘ dŚĞƐƵƌƉůƵƐĨŽƌϮϬϭϯͲϭϰƚŽƚĂůůĞĚΨϰ͘ϳϱD͕ǁŚŝĐŚŝƐΨϮϱŬůĞƐƐƚŚĂ dŚĞŽƉĞƌĂƟŶŐƌĞƐƵůƚƐŚŽǁƐŽƵŶĐŝů͛ƐŽǀĞƌĂůůƉĞƌĨŽƌŵĂŶĐĞĨŽƌƚŚĞ x ĐĂƉŝƚĂůĂŶĚĚŝƐĐƌĞƟŽŶĂƌLJƌĞƚĂŝŶĞĚĞĂƌŶŝŶŐƐ͘ LJĞĂƌƐ͕ĂƐŽƵŶĐŝůĐŽŶƐŽůŝĚĂƚĞƐŝƚƐĮŶĂŶĐŝĂůƉŽƐŝƟŽŶŝŶĐůƵĚŝŶŐǁ ĂƉŝƚĂů džƉĞŶĚŝƚƵƌĞŝƐĞdžƉĞĐƚĞĚƚŽƌĞŵĂŝŶƐƚĞĂĚLJŽǀĞƌƚŚĞŶĞdžƚ ďŽƌƌŽǁŝŶŐƐĂŶĚĚŝƐĐƌĞƟŽŶĂƌLJƌĞƚĂŝŶĞĚĞĂƌŶŝŶŐƐ;ĂƐŽƵƚůŝŶĞĚĂďŽǀ WůĂŶĂŶĚŚĂǀĞďĞĞŶĨƵŶĚĞĚďLJĂĐŽŵďŝŶĂƟŽŶŽĨŐŽǀĞƌŶŵĞŶƚŐƌĂŶƚƐ͕ ƉƌŽŐƌĂŵƐŚĂǀĞďĞĞŶĐŽŶƐŝƐƚĞŶƚǁŝƚŚŽƵŶĐŝů͛Ɛ^ƚƌĂƚĞŐŝĐZĞƐŽƵƌĐĞ ĐĂƉŝƚĂůĞdžƉĞŶĚŝƚƵƌĞŽǀĞƌƚŚĞůĂƐƚƚŚƌĞĞLJĞĂƌƐƚŽΨϮϴ͘ϬϵD͘dŚĞƐ dŚĞĐĂƉŝƚĂůƉƌŽŐƌĂŵĨŽƌϮϬϭϯͲϭϰŽĨΨϵ͘ϰϳDƚĂŬĞƐŽƵŶĐŝůƐƚŽƚĂů x ƌĞƋƵŝƌĞĚĨŽƌƚŚĞĨŽƵƌƚŚ͕ĂŶĚĮŶĂůƐƚĂŐĞŽĨĂŬĞƌƐ>ĂŶĞ͘ ƚŚĂƚƚŚĞƐĞƉƌŽĮƚƐǁŝůůďĞƵƟůŝƐĞĚƚŽĨƵŶĚƚŚĞĐĂƉŝƚĂůŝŶǀĞƐƚŵĞŶ ŽĨĂŬĞƌƐ>ĂŶĞ;Ψϭ͘ϱDͿĂƌĞŝŶĐůƵĚĞĚŝŶƚŚŝƐďĂůĂŶĐĞ͘/ƚŝƐƉůĂ ďĂůĂŶĐĞ͘,ŽǁĞǀĞƌ͕ŝƚƐŚŽƵůĚďĞŶŽƚĞĚƚŚĂƚƉƌŽĮƚƐŚĞůĚĨƌŽŵƚŚĞ ŌĞƌĂĐŚĂůůĞŶŐŝŶŐƉĞƌŝŽĚŽƵŶĐŝůŚĂƐďĞĞŶĂďůĞƚŽƌĞƐƚŽƌĞĂƉŽ ĂƌĞƉƌŝŵĂƌŝůLJƵƟůŝƐĞĚƚŽŵĂƚĐŚŐƌĂŶƚƐŽīĞƌĞĚďLJƚŚŝƌĚƉĂƌƚLJĨƵŶ ŚĂƐĂǀĂŝůĂďůĞƚŽƚĂŬĞĂĚǀĂŶƚĂŐĞŽĨƵŶĞdžƉĞĐƚĞĚŽƉƉŽƌƚƵŶŝƟĞƐ͘dŚ ŝƐĐƌĞƟŽŶĂƌLJZĞƚĂŝŶĞĚ ĂƌŶŝŶŐƐŝƐƚŚĞƐƵƌƉůƵƐĨƵŶĚƐƚŚĂƚŽƵŶĐŝ x KƉĞƌĂƟŶŐZĞƐƵůƚ ĂƉŝƚĂů džƉĞŶĚŝƚƵƌĞ ŝƐĐƌĞƟŽŶĂƌLJZĞƚĂŝŶĞĚ ĂƌŶŝŶŐƐ &ŽƌŵŽƌĞĚĞƚĂŝůĞĚŝŶĨŽƌŵĂƟŽŶŽŶŽƵŶĐŝů͛ƐϮϬϭϯͲϭϰƉĞƌĨŽƌŵĂŶĐĞ Bridge. de Kretser, seenhere at Nimons de Kretser andhiswife, Mrs Jan ,ŝƐ džĐĞůůĞŶĐLJdŚĞ,ŽŶ͘ĂǀŝĚ sŝƐŝƚďLJƚŚĞ'ŽǀĞƌŶŽƌŽĨsŝĐƚŽƌŝĂ͕ September Ɣ Golden PlainsShire. as thenew Mayor of Cr Jenny Blake elected November ƌĞĚƵĐƟŽŶ ƚĞĚďLJ ŶŶĞĚ ƌϮϬϭϯͲ Ŷ ƚ ŽƌŬŝŶŐ ĚŝŶŐ͘ Ğ LJĞĂƌ͘ ĨĞǁ ƐŝƟǀĞ ƐĂůĞ ĂŶƚ ů ŶĐŝů ĞƐĞ ĂƌĚƐ ƚŽ ŽŶ ĞͿ͘ ĐŽŶƐŽůŝĚĂƚĞƐŝƚƐĮŶĂŶĐŝĂůƉŽƐŝƟŽŶ͘ are forecast to remain constant inthenext few years, asCouncil ŝ ŝŶĐƌĞĂƐĞ ĂŶĚ ůĞǀĞůŽĨďŽƌƌŽǁŝŶŐƐ͘dŚĞůĞǀĞůŽĨĐĂƉŝƚĂůĞdžƉĞŶĚŝƚƵƌĞĂŶĚďŽƌƌ ĞĂƌŶŝŶŐƐ ƌĞƚĂŝŶĞĚ ĚŝƐĐƌĞƟŽŶĂƌLJ ƵƟůŝƐĞ ƚŽ ŽƵŶĐŝů recent years andtheincrease incapital expenditure hasrequired ĮŶĂŶĐŝĂůƉŽƐŝƟŽŶ͕ŚŽǁĞǀĞƌ͕ƚŚĞƉƌŽŐƌĂŵƐŽƵŶĐŝůŚĂǀĞĚĞůŝǀĞƌĞĚ dŚĞĂďŽǀĞŝŶĚŝĐĂƚŽƌƐĚĞŵŽŶƐƚƌĂƚĞƚŚĂƚŽƵŶĐŝůƌĞŵĂŝŶƐŝŶĂŚĞĂů ďŽƌƌŽǁŝŶŐƌĞĚƵĐĞĨŽƌsŝĐƚŽƌŝĂŶŽƵŶĐŝůƐ͘ >ŽĐĂů'ŽǀĞƌŶŵĞŶƚ&ƵŶĚŝŶŐsĞŚŝĐůĞǁŚŝĐŚƐŚŽƵůĚƐĞĞƚŚĞĐŽƐƚŽĨ ŝƚƐĞůĨŽĨƚŚĞďĞŶĞĮƚƐĨƌŽŵƚŚĞDƵŶŝĐŝƉĂůƐƐŽĐŝĂƟŽŶŽĨsŝĐƚŽƌŝĂ ĨĂŝƌůLJŽǀĞƌĐƵƌƌĞŶƚĂŶĚĨƵƚƵƌĞŐĞŶĞƌĂƟŽŶƐ͘ŽƵŶĐŝůŚĂƐĂůƐŽĂǀ Council hasstructured theseborrowings to ensure costs are spread amounts are inaccordance withCouncil’s Strategic Resource Plan. ďŽƌƌŽǁĞĚƚŽĂƐƐŝƐƚŝŶĚĞůŝǀĞƌŝŶŐŽƵŶĐŝů͛ƐĐĂƉŝƚĂůƉƌŽŐƌĂŵ͘dŚ ůŝĂďŝůŝƚLJĨƌŽŵŽƉĞƌĂƟŶŐĐĂƐŚŇŽǁƐŝŶϮϬϭϮͲϭϯ͘Ψϭϰϰ<ǁĂƐĂůƐŽ ƚŚĞ>ŽĐĂůƵƚŚŽƌŝƟĞƐ^ƵƉĞƌĂŶŶƵĂƟŽŶ&ƵŶĚĞĮŶĞĚĞŶĞĮƚ^ĐŚĞŵĞ ƌĞƉůĞŶŝƐŚŽƵŶĐŝů͛ƐĐĂƐŚďĂůĂŶĐĞĂŌĞƌĨƵŶĚŝŶŐŝƚƐĐŽŶƚƌŝďƵƟŽŶƚ ĂƚŽƚĂůŽĨΨϲ͘ϯϴD͘EĞǁďŽƌƌŽǁŝŶŐƐŽĨΨϭ͘ϳDǁĞƌĞƵŶĚĞƌƚĂŬĞŶƚŽ ŽƌƌŽǁŝŶŐƐŚĂǀĞŝŶĐƌĞĂƐĞĚďLJΨϭ͘ϯϱDĨƌŽŵƚŚĞƉƌĞǀŝŽƵƐLJĞĂƌƚŽ x ŐƌĂŶƚƐƌĞĐĞŝǀĞĚ͕ďƵƚŶŽƚLJĞƚĞdžƉĞŶĚĞĚ;Ψϯ͘ϴϬDͿ͕ƐŚŽƵůĚďĞŶŽƚĞĚ ƉƌĞǀŝŽƵƐLJĞĂƌ͘tŚŝůĞƚŚĞĐĂƐŚďĂůĂŶĐĞƌĞŵĂŝŶƐƐƚƌŽŶŐƚŚĞǀĂůƵĞ Ψϯ͘ϲϮDĨĂǀŽƵƌĂďůĞƚŽďƵĚŐĞƚĂŶĚĂŶŝŶĐƌĞĂƐĞŽĨΨϱϴϮ<ĨƌŽŵƚŚĞ ŽƵŶĐŝů͛ƐĐĂƐŚďĂůĂŶĐĞĂƚϯϬ:ƵŶĞϮϬϭϰƚŽƚĂůůĞĚΨϵ͘ϵϯD͕ǁŚŝĐŚŝ x projects and programs from 2013-14that are yet to becompleted. ŽƵŶĐŝůĨŽƌƉƌŽũĞĐƚƐƚŚĂƚŚĂǀĞŶŽƚLJĞƚĐŽŵŵĞŶĐĞĚĂŶĚĂůƐŽƐĞǀĞƌ remains healthy dueto anumberoflarge grants beingheldby ƚŚĂŶĂŶƟĐŝƉĂƚĞĚĐĂƐŚĂŶĚƌĞĐĞŝǀĂďůĞƐďĂůĂŶĐĞƐ͘dŚĞĐĂƐŚďĂůĂŶĐ ĐŽŵƉĂƌĞĚƚŽĂďƵĚŐĞƚŽĨΨϯ͘ϲϱD͕ǁŚŝĐŚŝƐƉƌŝŵĂƌŝůLJĂƌĞƐƵůƚŽĨ ŝƚƐƐŚŽƌƚƚĞƌŵŽďůŝŐĂƟŽŶƐ͘ƚϯϬ:ƵŶĞϮϬϭϰƚŚĞďĂůĂŶĐĞŝƐΨϴ͘ϰ ĐƵƌƌĞŶƚůŝĂďŝůŝƟĞƐ͘dŚŝƐŝƐĂŵĞĂƐƵƌĞŽĨŽƵŶĐŝů͛ƐĂďŝůŝƚLJƚŽ Working Capital istheamount by whichcurrent assets exceed x Borrowings CashandInvestments Working Capital 20 Ɣ ƐƐŽĐŝĂƟŽŶŽĨsŝĐƚŽƌŝĂͿ͘ ŽĨWƌĞƐŝĚĞŶƚŽĨƚŚĞDs;DƵŶŝĐŝƉĂů ƉƌĞƐƟŐŝŽƵƐĂŶĚŝŶŇƵĞŶƟĂůƉŽƐŝƟŽŶ Cr McArthurwas elected to the April Ɣ ŵĞĞƚ ^ŚŝƌĞ͛ƐĮƌƐƚƚǁŽĚĞĐĂĚĞƐ͘ ZŽĚEŝĐŚŽůůƐƚŽƐĞƌǀĞĂƐ KĨŽƌƚŚĞĞŶƟƌĞƚLJŽĨƚŚĞ ƌĞͲĂƉƉŽŝŶƚŵĞŶƚƉƌŽǀŝĚĞĚƚŚĞŽƉƉŽƌƚƵŶŝƚLJĨŽƌ ,ĂǀŝŶŐĐŽŵƉůĞƚĞĚϭϱLJĞĂƌƐŝŶƚŚĞƌŽůĞ͕ƚŚŝƐ ŚŝĞĨ džĞĐƵƟǀĞKĸĐĞƌĨŽƌĂĨƵƌƚŚĞƌĮǀĞLJĞĂƌƐ͘ Council re-appointed Rod Nichollsasits ĞƐĞ ŽǁŝŶŐƐ ĂŝůĞĚ ϵD ͛Ɛ Ž ůĂƌŐĞƌ ŽĨ Ɛ Ğ Ăů ͘ ƚŚLJ ŝŶ ƚƐ 12 12 12 ϭϱ ϭϱ ϭϱ ĨĂĐŝůŝƟĞƐĨŽƌŽƵƌĐŽŵŵƵŶŝƚLJ͘ &ĞĚĞƌĂů ĞŶĂďůŝŶŐŝƚƚŽďƌŝŶŐĨŽƌǁĂƌĚƉƌŽũĞĐƚƐƚŚĂƚƐŝŐŶŝĮĐĂŶƚůLJŝŵƉƌŽǀĞ ƚŚĞ ďLJ ĨƵŶĚŝŶŐ͕ ƵŶĚĞƌ ŐƌĂŶƚ ŽƚŚĞƌ ŽƉƉŽƌƚƵŶŝƟĞƐ ǁŝƚŚ ĂůŽŶŐ ƉƌŽŐƌĂŵ͕ ŝƚƐ ƐƟŵƵůƵƐ 'ŽǀĞƌŶŵĞŶƚ ŵĂdžŝŵŝƐĞ ƚŽ WůĂŝŶƐ 'ŽůĚĞŶ ƚŚĂ depicted ǁŝƚŚ inCouncil’s Strategic Resource ĐŽŶƐŝƐƚĞŶƚ Plan.Theplanhasallowed ďĞ ƚŽ ĐŽŶƟŶƵĞƐ ƉŽƐŝƟŽŶ ĮŶĂŶĐŝĂů ŽǀĞƌĂůů dŚĞ 0 0 0 3 ϵ 3 ϵ 3 ϵ ϲ ϲ ϲ 2009-10 2009-10 2009-10 Ϯ͘ϵϳ ϲ͘ϴϭ ϯ͘ϵϲ 2XU)LQDQFLDO3HUIRUPDQFHDWD*ODQFH Golden PlainsShire AnnualReport 2013-14 2010-11 2010-11 2010-11 ϲ͘Ϯϭ 4.24 ϲ͘ϲ 2011-12 2011-12 2011-12 ϱ͘ϰϰ ϴ͘ϰϱ 2.33 Ɣ of GoldenPlainsShire. re-elected asMayor Cr Jenny Blake December 2012-13 2012-13 2012-13 ϱ͘Ϭϯ ϵ͘ϯϱ ϴ͘ϵϲ 2013-14 2013-14 2013-14 ϲ͘ϯϴ ϵ͘ϵϯ ϴ͘ϰϵ ĚƚŚĞ x 21 ƚ nelihRdn lb ntl e ahby 2,300 WƌŽǀŝĚĞŽƵƚĚŽŽƌĞŶƚĞƌƚĂŝŶŝŶŐ ZĞĨƵƌďŝƐŚŐƌĂŶĚƐƚĂŶĚǀŝĞǁŝŶŐĂƌĞĂͲ^ƚĂŐ WƌŽǀŝĚĞĐƵƚůĞƌLJ͕ĐƌŽĐŬĞƌLJĂŶĚƐĞĂ 1,000 hƉŐƌĂĚĞĂŵĞŶŝƟĞƐ DĂŶŶŝďĂĚĂƌ,ĂůůŽŵŵŝƩĞĞ ZĞŶŽǀĂƚĞŬŝƚĐŚĞŶ ,ŽůĚŽƉĞŶĚĂLJ >ŝŶƚŽŶZĞĐƌĞĂƟŽŶZĞƐĞƌǀĞŽD hƉŐƌĂĚĞƚŽĐƌŽƐƐĐŽƵŶƚƌLJĐŽƵƌƐĞŽďƐƚĂĐůĞƐ >ŝŶƚŽŶƌŝĐŬĞƚůƵď ZĞƐƚŽƌĞEĞůƐŽŶΖƐhŶ Install newwash bays >ŝŶƚŽŶĂŶĚŝƐƚƌŝĐƚŽǁůŝŶŐůƵď/ŶĐ͘ >ŝŶƚŽŶĂŶĚŝƐƚƌŝĐƚ,ŝƐƚŽƌŝĐĂů^ŽĐŝĞƚLJ/ŶĐ͘ Implement Ahoy MePirates Project >ĞƚŚďƌŝĚŐĞdĞŶŶŝƐůƵď >ĞƚŚďƌŝĚŐĞWůĂLJŐƌŽƵƉ WƌŽǀŝĚĞƐĂĨĞƚLJ͕ƐƚŽƌĂŐĞĂŶĚƐ >ĞŝŐŚĚĂůĞWŽŶLJůƵď Inverleigh RidingClub ƌĞĐƚŶĞƚďĂůůƐŚĞůƚĞƌ Inverleigh Playgroup Inc. WƌŽǀŝĚĞŶĞǁƚĂďůĞƐĨŽƌWůĂLJŐƌŽƵƉ 5,000 WƵƌĐŚĂƐĞƚƌĂŝůĞƌĨŽƌĐĂŵƉŝŶŐĞƋƵ ZĞƉĂŝŶƚĞdžƚĞƌŝŽƌĂŶĚŝŶƚĞƌŝŽƌ /ŶǀĞƌůĞŝŐŚ ĂƌůLJ>ĞĂƌŶŝŶŐĞŶƚƌĞ /ůůĂďĂƌŽŽŬ&ŽŽƚďĂůůĂŶĚEĞƚďĂůůůƵď džƚĞŶĚƚŚĞƉůĂLJƐƉĂĐĞ ĞƌƌŝŶŐĂŽŵŵƵŶŝƚLJŽŵŵŝƩĞĞ/ŶĐ͘ /ŶƐƚĂůůŶĞǁĚŝƐŚǁĂƐŚĞƌĨŽƌŬŝƚĐŚĞŶ Develop BannockburnCommunityMoviesProgram Inc. ĂŶŶŽĐŬďƵƌŶ^ĐŽƵƚ'ƌŽƵƉ;ϭƐƚͿ ĂŶŶŽĐŬďƵƌŶWůĂLJŐƌŽƵƉ Bannockburn MoviesFilmSociety hƉŐƌĂĚĞŽĨĞdžƚĞƌŶĂůĞƋƵŝƉŵ ĂŶŶŽĐŬďƵƌŶ<ŝŶĚĞƌŐĂƌƚĞŶ ĂŶŶŽĐŬďƵƌŶ'ŽůĨůƵď ĂŶŶŽĐŬďƵƌŶĂŶĚŝƐƚƌŝĐƚŽǁůƐůƵď 20 /ŶϮϬϭϯͲϭϰ͕ŽƵŶĐŝůĂǁĂƌĚĞĚƚŚĞĨŽůůŽǁŝŶŐƉĂLJŵĞŶƚƐƵŶĚĞƌƚŚĞŽ Community Grants2013-14 22 Linton EĞůƐŽŶ͛ƐhŶĚĞƌƚĂŬĞƌƐ͕ ƌĂŝĂŽ WƌŽũĞĐƚĞƐĐƌŝƉƟŽŶ KƌŐĂŶŝƐĂƟŽŶ Ɣ x GoldenPlainsShire AnnualReport 2013-14 dŚĞ,ŽŶ͘<ĞǀŝŶZƵĚĚ͘ to meetwiththePrime Minister, ĂŶĚ KZŽĚEŝĐŚŽůůƐĂŶŽƉƉŽƌƚƵŶŝƚLJ ĂůůĂƌĂƚ͕ƉƌŽǀŝĚŝŶŐDĂLJŽƌ:ĞŶŶLJůĂŬĞ ĐŽŵŵƵŶŝƚLJĐĂďŝŶĞƚŵĞĞƟŶŐĂƚ dŚĞ&ĞĚĞƌĂů'ŽǀĞƌŶŵĞŶƚŚĞůĚĂ Ɣ community precinct. ƚŚĞĚĞǀĞůŽƉŵĞŶƚŽĨĂ 'ŽǀĞƌŶŵĞŶƚĨƵŶĚŝŶŐƚŽǁĂƌĚƐ ΨϯϬϬ͕ϬϬϬŽĨ^ƚĂƚĞ >ŝŶƚŽŶƚŽǁŶƐŚŝƉƌĞĐĞŝǀĞƐ ŵŵƵŶŝƚLJ'ƌĂŶƚƐWƌŽŐƌĂŵ͗ ĞƚŬƌƵůŝŐͲ^ĂĞϭ Ϯ͕ϱ ĚĞƌƚĂŬĞƌƐƵŝůĚŝŶŐͲ^ƚĂŐĞϭ Ŷ ĞŶƚ Ĩ Ϯ͕ϵϬϱ ŽĨĂ ŽĞƌŶĂ,ůϭ͕ϱϰϱ ŽĨĞƌƌŝŶŐĂ,Ăůů Ɣ ƉĞƚ ŝƉŵĞŶƚ ŶϮ͕ϬϬϬ ƟŶŐ Business Excellence Awards. ƚŚĞϮϬϭϬ'ĞĞůŽŶŐĚǀĞƌƟƐĞƌ ǁĂƐŝŶǀŝƚĞĚƚŽƚĂŬĞƉĂƌƚŝŶ Golden PlainsFarmers’ Market ϭ͕ϯϵϯ Ğϭ ϱ͕ϬϬϬ Ϯ͕ϳϮϬ ϰϮϵ Ϯ͕ϮϬϬ ϭ͕ϲϬϬ ϭ͕ϱϱϯ Ɣ Plains Shire. Mayor ofGolden elected asthenew Cr Geraldine Frantz December ϯ͕ϳϳϮ Ϯ͕ϱϬϬ ϭ͕ϱϬϬ ϯ͕ϳϰϴ ϭ͕ϱϬϬ Funding ϬϬ $ mtedl itrc eoaeotos 256 WƵƌĐŚĂƐĞŚŝŐŚũƵŵƉƚƌĂŝůĞƌ WƌŽǀŝĚĞƌĂŝŶǁĂƚĞƌŚĂƌǀĞƐƚŝŶ hƉŐƌĂĚĞƌŽŽĨĂŶĚƐĂŶĚƉŝƚ ŽŶƐƚƌƵĐƚƌŽƚƵŶĚĂĂŶĚďĂƐĞ ZĞĨƵƌďŝƐŚƚŽŝůĞƚ tŽĂĚLJzĂůŽĂŬZĞĐƌĞĂƟŽŶ&ĂĐŝůŝƚLJ Decorate outhouse tŽĂĚLJzĂůŽĂŬƚŚůĞƟĐůƵď WƌŽǀŝĚĞƉŚŽŶĞƐ͕ƐŚĂĚĞƐ͕ƐĞĂƟŶŐĂŶĚĚƵĐŬ tĂůůŝŶĚƵĐŽŵŵƵŶŝƚLJ'ƌŽƵƉ>ƚĚ dƵƌƚůĞĞŶĚ ǀĞŶƚƐŽŵŵŝƩĞĞ WƌŽǀŝĚĞŽƵƚĚŽŽƌYĂŶĚĚŝŶŝŶŐĂƌĞĂ dĞĞƐĚĂůĞWƌĞͲ^ĐŚŽŽů Precinct CoM Smythesdale Historic hƉŐƌĂĚĞƉůĂLJŐƌŽƵŶĚŵĂŝŶƚĂ ^ŚĞůĨŽƌĚƌŝĐŬĞƚůƵď ZŽŬĞǁŽŽĚ<ŝŶĚĞƌŐĂƌƚĞŶ/ŶĐ͘ƐƐŽĐŝĂƟŽŶ WƌŽǀŝĚĞƚƌĂŝůĞƌĂŶĚŵŽǀĞĂďůĞĞƋƵŝƉŵĞŶƚ ZŽŬĞǁŽŽĚ'ŽůĨůƵď/ŶĐ͘ ZĞĨƵƌďŝƐŚƚŽŝůĞƚƐŝŶDĞƌĞĚŝƚŚZ^>,Ăůů /ŶƐƚĂůůŶĞǁŐŽĂůƉŽƐƚƐĨŽƌ ŽŶƐƚƌƵĐƚŽůƚĞĚŝƐƉůĂLJĨŽƌƚŚ DĞƌĞĚŝƚŚ<ŝŶĚĞƌŐĂƌƚĞŶ DĞƌĞĚŝƚŚƌŽĐƐ:ƵŶŝŽƌ&ŽŽƚďĂůůůƵď DĞƌĞĚŝƚŚŽŵŵƵŶŝƚLJŽŽƌĚŝŶĂƚŽƌƐ DĞƌĞĚŝƚŚŶŐůŝŶŐůƵď ugeou alCM mrv eev 180 Improve Reserve WƌŽǀŝĚĞŽŶŐŽŝŶŐŵĂŝŶƚĞŶĂŶĐĞĂŶĚƌĞĨƵƌď Re-wire electricals to the100year oldchurch Napoleons andDistrict Historical SocietyInc. Murgheboluc HallCoM DĞƌĞĚŝƚŚDĞŵŽƌŝĂů,Ăůů Smythesdale OA 86,554 TOTAL ƌĂŝĂŽ WƌŽũĞĐƚĞƐĐƌŝƉƟŽŶ KƌŐĂŶŝƐĂƟŽŶ 20 Ɣ members. ŽŵŵŝƩĞĞ͕ǁŝƚŚƐĞǀĞŶ Golden &ŽƌŵĂƟŽŶŽĨƚŚĞĮƌƐƚ June WůĂŝŶƐzŽƵƚŚsŽŝĐĞ Ɣ ĂŶĚDƌƐŚĞƌŶŽǀ͘ ,ŽŶŽƵƌĂďůĞůĞdžŚĞƌŶŽǀ͕ sŝĐƚŽƌŝĂ͕,ŝƐ džĐĞůůĞŶĐLJƚŚĞ ĂǀŝƐŝƚĨƌŽŵƚŚĞ'ŽǀĞƌŶŽƌŽĨ Golden PlainsShire hosted October DƌĚƚĞƌĂŽĞĞǀϮ͕ϬϬϬ DĞƌĞĚŝƚŚZĞĐƌĞĂƟŽŶZĞƐĞƌǀĞ ŶLJƌϯ͕ϴϴϬ ŝŶLJĂƌĚ ƌƐƌĐƵĞ ϱ͕ϬϬϬ ĨƌĂƐƚƌƵĐƚƵƌĞ ĞĞŝŚsƐƚƌŶƌϱ͕ϬϬϬ ĞDĞƌĞĚŝƚŚsŝƐŝƚŽƌĞŶƚƌĞ ϱ͕ϬϬϬ ƚŐ ϱ͕ϬϬϬ Ͳ^ƚĂŐĞϮ Ϯ͕ϬϯϬ Ϯ͕ϱϬϬ ƐŵŶ Ϯ͕ϮϬϬ ŝƐŚŵĞŶƚ ϴϰϬ Ɛ Golden PlainsShire AnnualReport 2013-14 ϭ͕ϭϲϯ &RPPXQLW\*UDQWV Meredith Visitor Centre Ɣ December Golden PlainsShire. re-elected asMayor of Cr Geraldine Frantz Ϯ͕ϭϭϴ ϭ͕ϳϮϮ Funding 2,500 x 23 $ ƉƌŽũĞĐƚƐƚŚĂƚŚĂǀĞďĞĞŶ͕ŽƌǁŝůůďĞ͕ƵŶĚĞƌƚĂŬĞŶĂƐĂƌĞƐƵůƚŽĨ /ŶϮϬϭϯͲϭϰ͕ŽƵŶĐŝůƌĞĐĞŝǀĞĚĞdžƚĞƌŶĂůĨƵŶĚŝŶŐƚŽĂƐƐŝƐƚŝŶƚŚĞ A SelectionofCommunityProjects 2013-14 24 ZĞWŽĞƚϮϭͲϰĞƉƚŽĨWůĂŶŶŝŶŐΘŽŵŵƵŶŝƚLJĞǀĞůŽƉŵĞŶƚ ĞƉƚŽĨ,ƵŵĂŶ^ĞƌǀŝĐĞƐ Pitch) ĞƉƚŽĨWůĂŶŶŝŶŐΘŽŵŵƵŶŝƚLJĞǀĞůŽ World Game (Bannockburn Soccer &ZĞĞWƌŽũĞĐƚϮϬϭϯͲϭϰ zŽƵƚŚWĂƌƟĐŝƉĂƟŽŶĂŶĚĐĐĞƐƐ EĂƟŽŶĂůzŽƵƚŚtĞĞŬ Dereel Mens Shed ĞƉƚŽĨ^ƵƐƚĂŝŶĂďŝůŝƚLJ͕ ŶǀŝƌŽŶŵ SkatePark Bannockburn DĞƌĞĚŝƚŚsŝƐŝƚŽƌĞŶƚƌĞ&ŝƚKƵƚ ĂŶĐďƌŽĐƌ>ŐƟŐĞƉƚŽĨdƌĂŶƐƉŽƌƚ͕WůĂŶŶŝŶŐΘ>ŽĐĂů/ ĂŶŶŽĐŬďƵƌŶ^ŽĐĐĞƌ>ŝŐŚƟŶŐ ĞƉƚŽĨ^ƚĂƚĞĞǀĞůŽƉŵĞŶƚ͕ƵƐŝŶĞƐƐ 'W^zŽƵƚŚŽŶŶĞĐƟŽŶWƌŽũĞĐƚ ĞƉƚŽĨ:ƵƐƟĐĞ ĂƚĐŚŵĞŶƚƌŝŐĂĚĞƐ^ĞĐƵƌŝƚLJhƉŐƌĂĚĞ ƵůĐ^Ĩƚ ĞƉƚŽĨ:ƵƐƟĐĞ ĞƉƚŽĨ:ƵƐƟĐĞ Small Halls ĂŶŶŽĐŬďƵƌŶ^ĞĐƵƌŝƚLJ>ŝŐŚƟŶŐ WƵďůŝĐ^ĂĨĞƚLJ Project Funding Source Project Project Funding Source Project Meredith Street Scape Haddon Street Scape ŽĚĂŽŬ ƵƐƌĂ ĞƉƚŽĨWůĂŶŶŝŶŐΘŽŵŵƵŶŝƚLJĞǀĞůŽƉŵĞŶƚ ĞƉƚŽĨ ĚƵĐĂƟŽŶĂŶĚ ĂƌůLJŚŝůĚŚŽ - First &ŽŽƚƉĂƚŚ>ŝŶŬĂŐĞͲWƵƫŶŐ>ŽĐĂůƐ dĞĞƐĚĂůĞ<ŝŶĚĞƌŐĂƌƚĞŶhƉŐƌĂĚĞ tŽĂĚLJzĂůŽĂŬ ƋƵĞƐƚƌŝĂŶ 20 Total ĂŶŶŽĐŬďƵƌŶŽŶŶĞĐƟŽŶƐ DŝůƚŽŶ^ƚƌĞĞƚ&ŽŽƚƉĂƚŚͲĐƟǀĞ Ɣ x GoldenPlainsShire AnnualReport 2013-14 Ballarat Railway. of theGeelong- ƚŚĞKĸĐŝĂůKƉĞŶŝŶŐ ϭϱϬƚŚŶŶŝǀĞƌƐĂƌLJŽĨ 10 April Bannockburn Skate Park Ɣ ĞƉƚŽĨWůĂŶŶŝŶŐΘŽŵŵƵŶŝƚLJĞǀĞůŽƉŵĞŶƚ ĞƉƚŽĨ,ƵŵĂŶ^ĞƌǀŝĐĞƐ ĞƉƚŽĨWůĂŶŶŝŶŐΘŽŵŵƵŶŝƚLJĞǀĞůŽƉŵĞŶƚ WŽƉƵůĂƟŽŶΘŽŵŵƵŶŝƟĞƐ ĞƉƚŽĨ^ƚĂƚĞĞǀĞůŽƉŵĞŶƚ͕ƵƐŝŶĞƐƐΘ/ŶŶŽǀĂƟŽŶ ĞƉƚŽĨWůĂŶŶŝŶŐΘŽŵŵƵŶŝƚLJĞǀĞůŽƉŵĞŶƚ ĞƉƚŽĨWůĂŶŶŝŶŐΘŽŵŵƵŶŝƚLJĞǀĞůŽƉŵĞŶƚ ĞƉƚŽĨWůĂŶŶŝŶŐΘŽŵŵƵŶŝƚLJĞǀĞůŽƉŵĞŶƚ ĞƉƚŽĨWůĂŶŶŝŶŐΘŽŵŵƵŶŝƚLJĞǀĞůŽƉŵĞŶƚ ŝŶŝƚƐĮƌƐƚǁĞĞŬŽĨŽƉĞƌĂƟŽŶ͘ dŚĞ>ŝďƌĂƌLJŚĂĚϯ͕ϭϵϱǀŝƐŝƚŽƌƐ Bannockburn Cultural Centre. dŚĞKĸĐŝĂůKƉĞŶŝŶŐŽĨƚŚĞ 5 May ƚŚŝƐ'ƌĂŶƚĨƵŶĚŝŶŐ͘ ĚĞůŝǀĞƌLJŽĨĐŽŵŵƵŶŝƚLJďĂƐĞĚƉƌŽũĞĐƚƐ͘dŚĞĨŽůůŽǁŝŶŐŝƐĂƐĞůĞĐƟ ĞŶƚ͕tĂƚĞƌ͕ ŽĚĞǀĞůŽƉŵĞŶƚ ŶĨƌĂƐƚƌƵĐƚƵƌĞ Ɣ Θ/ŶŶŽǀĂƟŽŶ ƉŵĞŶƚ Community Hub,Smythesdale. Well –Business,Healthand ƉŚĂƌŵĂĐLJƐŝŶĐĞϭϴϴϵĂƚdŚĞ ^ŵLJƚŚĞƐĚĂůĞŐĞƚƐŝƚƐĮƌƐƚ June 3,798,745 2,488,995 1,309,750 1,309,750 2,488,995 3,798,745 3000 1900 101,000 199,000 300,000 6000 3000 360,000 300,000 660,000 2000 1000 100,000 100,000 200,000 1000 9,0 33,000 97,000 130,000 4000 4000 - 450,000 450,000 2200 1800 74,000 148,000 222,000 2000 7,0 150,000 70,000 220,000 2000 2000 - 220,000 220,000 3000 3000 - 320,000 320,000 221,404 158,904 62,500 62,500 158,904 221,404 118,320 106,320 12,000 12,000 106,320 118,320 4270 1000 362,750 100,000 462,750 4,0 000 - 40,000 40,000 9,0 750 52,500 37,500 90,000 7,0 000 - 70,000 70,000 1,0 000 - 10,000 10,000 24,500 24,500 - - 24,500 24,500 3,7 571 - 35,771 35,771 400 200 2,000 2,000 4,000 t s o C $ Funding Grant Grant Ɣ Plains Shire. Mayor ofGolden elected asthenew Cr Jenny Blake November $ ŽŶŽĨŬĞLJ ŽŶƚƌŝďƵƟŽŶ Council $ Bannockburn ShireHall 20 Ɣ ŝďƌdǁƐsĐŽŝ Ϯ͕ϱϬϬ TOTAL ϭϵ͕ϳϭϮ dŝŵďĞƌdŽǁŶƐsŝĐƚŽƌŝĂ Ϯ͕ϬϬϬ ϯ͕ϯϬϬ DƵŶŝĐŝƉĂůƐƐŽĐŝĂƟŽŶŽĨsŝĐƚŽƌŝĂ 35,500 ϯ͕ϲϬϬ Ds;ZƵƌĂůŽƵŶĐŝůƐsŝĐƚŽƌŝĂͿ G21 GeelongRegion Alliance ŽŵŵŝƩĞĞĨŽƌ'ĞĞůŽŶŐ ŽŵŵŝƩĞĞĨŽƌĂůůĂƌĂƚ 8,530 ĂŶĚ KƐ&ŽƌƵŵ Central HighlandsRegional Mayors Memberships 2013-14Memberships Competition Policy National KƌŐĂŶŝƐĂƟŽŶ principles. ŽďůŝŐĂƚĞĚƚŽĂĚŚĞƌĞƚŽ͕ĐŽŵƉĞƟƟǀĞŶĞƵƚƌĂůŝƚLJ Plains Shire Councilhasadhered to, andis For the year ended30June2014,Golden Track Projects. Track Precinct andthree BMX Linton Community KĸĐŝĂůKƉĞŶŝŶŐŽĨ 29 January Membership ŽŶƚƌŝďƵƟŽŶ 75,142 $ Ɣ Statement Equal Opportunity ƚŚĞŽƌŐĂŶŝƐĂƟŽŶ͘ ƐĞĐƵƌĞǁŽƌŬŝŶŐĞŶǀŝƌŽŶŵĞŶƚĨŽƌĞǀĞƌLJƐƚĂīŵĞŵďĞƌŽĨ ĂǁĞůĐŽŵŝŶŐ͕ƐƵƉƉŽƌƟǀĞ͕ĞŵŽƟŽŶĂůůLJĂŶĚƉŚLJƐŝĐĂůůLJ 'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞŽƵŶĐŝůŝƐĐŽŵŵŝƩĞĚƚŽƉƌŽǀŝĚŝŶŐ ŬŶŽǁůĞĚŐĞĂŶĚĞdžƉĞƌŝĞŶĐĞƌĞůĞǀĂŶƚƚŽƚŚĞƉŽƐŝƟŽŶ͘ ĐŽŵƉĞƟƟŽŶĂĐĐŽƌĚŝŶŐƚŽƚŚĞƐŬŝůůƐ͕ƋƵĂůŝĮĐĂƟŽŶƐ͕ ďĞŽŶƚŚĞďĂƐŝƐŽĨƉĞƌƐŽŶĂůŵĞƌŝƚŝŶĨĂŝƌĂŶĚŽƉĞŶ ĂĚǀĂŶĐĞŵĞŶƚ͕ƚƌĂŝŶŝŶŐĂŶĚƐƚĂīĚĞǀĞůŽƉŵĞŶƚǁŝůů ^ĞůĞĐƟŽŶŽĨŝŶĚŝǀŝĚƵĂůƐĨŽƌĞŵƉůŽLJŵĞŶƚ͕ƉƌŽŵŽƟŽŶ͕ ĐŚĂƌĂĐƚĞƌŝƐƟĐƐ͘ ǁŚŽŚĂƐ͕ŽƌŝƐĂƐƐƵŵĞĚƚŽŚĂǀĞ͕ŽŶĞŽĨƚŚĞƐĞƉĞƌƐŽŶĂů ĨĂĐƚŽƉĂƌƚŶĞƌƐŚŝƉ͕ƉĞƌƐŽŶĂůĂƐƐŽĐŝĂƟŽŶǁŝƚŚƐŽŵĞŽŶĞ (including priorWork Cover Claims),childlessstatus, de ĂĐƟǀŝƚLJ͕ŝŶƚĞƌƐĞdžƐƚĂƚƵƐ͕ĂŐĞ͕ĚŝƐĂďŝůŝƚLJͬŝŵƉĂŝƌŵĞŶƚ ŝŶĚƵƐƚƌŝĂůĂĐƟǀŝƚLJ͕ĞŵƉůŽLJŵĞŶƚĂĐƟǀŝƚLJ͕ůĂǁĨƵůƐĞdžƵĂů ŽƌŝĞŶƚĂƟŽŶ͕ƌĞůŝŐŝŽƵƐďĞůŝĞĨŽƌĂĐƟǀŝƚLJ͕ďƌĞĂƐƞĞĞĚŝŶŐ͕ ,/sͬ/^ƐƚĂƚƵƐ͕ƉŽůŝƟĐĂůďĞůŝĞĨŽƌĂĐƟǀŝƚLJ͕ƐĞdžƵĂů marital status, status asacarer, status asaparent, ƉŚLJƐŝĐĂůĨĞĂƚƵƌĞƐ͕ƌĂĐĞ͕ƉƌĞŐŶĂŶĐLJ͕ƌĞůĂƟŽŶƐŚŝƉŽƌ ŶŽĚŝƐĐƌŝŵŝŶĂƟŽŶƌĞůĂƟŶŐƚŽŐĞŶĚĞƌ͕ŐĞŶĚĞƌŝĚĞŶƟƚLJ͕ /ŶĂůůƉŽůŝĐŝĞƐĂŶĚƉƌĂĐƟĐĞƐŽĨƚŚĞŽƵŶĐŝůƚŚĞƌĞƐŚĂůůďĞ ƉƌŝŶĐŝƉůĞƐŽĨ ƋƵĂů ŵƉůŽLJŵĞŶƚKƉƉŽƌƚƵŶŝƚLJ͘ 'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞŽƵŶĐŝůŝƐĐŽŵŵŝƩĞĚƚŽƚŚĞ ĨŽůůŽǁƐ͗ ŽƵŶĐŝůŚĂƐĂĚŽƉƚĞĚĂŶ ƋƵĂůKƉƉŽƌƚƵŶŝƚLJWŽůŝĐLJĂƐ Golden PlainsShire. re-elected asMayor of Cr Jenny Blake November Golden PlainsShire AnnualReport 2013-14 Ɣ create jobsandboost thelocal economy. Integrated Hubproject. Bothprojects will WƌĞĐŝŶĐƚĂŶĚΨϰϴϬ͕ϬϬϬĨŽƌƚŚĞDĞƌĞĚŝƚŚ ŵŝůůŝŽŶŝŶĨƵŶĚŝŶŐĨŽƌƚŚĞ&ŽŽĚWƌŽĚƵĐƟŽŶ 'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞƐĞĐƵƌĞĚΨϭϭ͘ϳϴ December x 25 ƌĞƉŽƌƟŶŐŽĨĂĐŚŝĞǀĞŵĞŶƚƐ͘ 'ŽǀĞƌŶŵĞŶƚĐƚĞƐƚsĂůƵĞWƌŝŶĐŝƉůĞƌĞŐĂƌĚŝŶŐ ĐŽŵƉůĞƚĞĚŝŶƚŚŝƐĨŽƌŵĂƚ͘ ƚŚĞůĂƐƚƟŵĞƚŚĞĞƐƚsĂůƵĞŶŶƵĂůZĞƉŽƌƚŝƐ ŵĞĂƐƵƌĞƐĨŽƌƚŚĞϮϬϭϯͲϭϰLJĞĂƌĂŶĚǁŝůůďĞ ĂĚũĂĐĞŶƚƚĂďůĞƌĞƉŽƌƚƐƚŚĞĂŐƌĞĞĚƉĞƌĨŽƌŵĂŶĐĞ be implemented duringthe2014-15year. The ŝŶĐůƵĚĞƐĂƐƉĞĐŝĮĐƐĞƌǀŝĐĞƌĞǀŝĞǁƉƌŽŐƌĂŵǁŝůů ĚƵƌŝŶŐϮϬϭϯͲϭϰ͘dŚĞƵƉĚĂƚĞĚĨƌĂŵĞǁŽƌŬǁŚŝĐŚ WĞƌĨŽƌŵĂŶĐĞ&ƌĂŵĞǁŽƌŬǁĂƐĐŽŵƉůĞƚĞĚ ŶŶƵĂůZĞƉŽƌƚ͘ƌĞǀŝĞǁŽĨƚŚĞKƌŐĂŶŝƐĂƟŽŶĂů ůĞǀĞůƉĞƌĨŽƌŵĂŶĐĞŵĞĂƐƵƌĞƐƚŚƌŽƵŐŚŽƵŶĐŝů͛Ɛ ĚĞůŝǀĞƌLJĚĞĐŝƐŝŽŶƐĂŶĚƌĞƉŽƌƟŶŐƚŚƌĞĞŚŝŐŚ ŝŶƚĞŐƌĂƟŶŐƚŚĞƉƌŝŶĐŝƉůĞƐŝŶƚŽĚĂLJƚŽĚĂLJƐĞƌǀŝĐĞ sĂůƵĞWƌŝŶĐŝƉůĞƐŽĨƚŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚĐƚďLJ Historically Councilhasimplemented theBest Annual Report Best Value Our Workplace 26 20 K٦ĮÝã®ÊĽ^ãÙçãçÙ ŽŵƉůĞƟŽŶŽĨƚŚŝƐƌĞƉŽƌƚƐĂƟƐĮĞƐƚŚĞ>ŽĐĂů Ɣ x GoldenPlainsShire AnnualReport 2013-14 for young people. ƐĞƌǀŝĐĞƐĂŶĚƉƌŽŐƌĂŵƐĂǀĂŝůĂďůĞ holiday programs to promote &ZĞĞĞǀĞŶƚƐĂŶĚƐĐŚŽŽů ŵĂŶLJůŽĐĂůĐŽŵŵƵŶŝƚLJĨĞƐƟǀĂůƐ͕ LJŽƵƚŚĐƌƵŝƐĞƌǀĂŶǁŝůůďĞƵƐĞĚĂƚ ŝsĂŶĂƌƌŝǀĞƐ͊'ŽůĚĞŶWůĂŝŶƐŶĞǁ ͻ ͻ ͻ ͻ ͻ ͻ ͻ Tourism Major Projects ǀĞŶƚƐ ĐŽŶŽŵŝĐĞǀĞůŽƉŵĞŶƚ ŽŵŵƵŶŝĐĂƟŽŶƐΘDĂƌŬĞƟŶŐ ĚǀŽĐĂĐLJΘ>ŽďďLJŝŶŐ Governance ŚŝĞĨ džĞĐƵƟǀĞKĸĐĞƌ džĞĐƵƟǀĞhŶŝƚ ua evcs 5 7 5 128 12 1 ϭϬϬй 2 Ϯϱ ϭϵ 35 1 ϭ ĐŚŝĞǀĞŵĞŶƚŽĨŽƵŶĐŝůWůĂŶĂŶŶƵĂůŽďũĞĐƟǀĞƐ Ϭ 77 Ϯ 2 ϯ 15 7 ϲ ϰ ϭϲ ϭϮ TOTAL 116 Community Development Human Services KƌŐĂŶŝƐĂƟŽŶĂůĞǀĞůŽƉŵĞŶƚ Finance 12 Development 17 Works 37 102 džĞĐƵƟǀĞ 7 4 2 50 7 0 2 2 7 0 33 1 275 16 42 ǀƌůŽŵŶƚĂƐĂƟŶǁƚĞǀĐƐ ϮYƵĂůŝƚLJƐƚĂŶĚ ŽŶƐƵůƚĂƟŽŶ Government Indicators, page 29) ϲϮй ϭϬϬй <ĞLJĮŶĂŶĐŝĂůŝŶĚŝĐĂƚŽƌƐ;ZĞĨĞƌƚŽƚŚĞsŝĐƚŽƌŝĂŶ>ŽĐĂů KǀĞƌĂůůĐŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶǁŝƚŚƐĞƌǀŝĐĞƐ ŽŵƉůĞƟŽŶŽĨŽŵŵƵŶŝƚLJWůĂŶŵĞĞƟŶŐƐ ^㥥EçÃÙÝùçÝ®ÄÝÝhÄ®ã ĞĨƌĂĐĞƐƌ ĞƐƚsĂůƵĞ WĞƌĨŽƌŵĂŶĐĞŵĞĂƐƵƌĞ ͻ ͻ ͻ ͻ ͻ /ŶǀĞƐƟŐĂƟŽŶƐΘŽŵƉůŝĂŶĐĞ Statutory &Strategic Planning ŽŵŵƵŶŝƚLJWƌŽƚĞĐƟŽŶ ŶǀŝƌŽŶŵĞŶƚΘ^ƵƐƚĂŝŶĂďŝůŝƚLJ Building Services Ɣ Skatepark. upgraded Bannockburn KĸĐŝĂůŽƉĞŶŝŶŐŽĨƚŚĞ 8 February Development Assets &Amenity Time Full Ɣ was announced. school for Bannockburn ƵĚŐĞƚĨŽƌĂŶĞǁƉͲϲ Funding from theState 5 May ͻ ͻ ͻ ͻ ͻ ͻ Waste Management Town Maintenance Roads &Drainage Fleet &Plant Management ŽŶƐƚƌƵĐƟŽŶWƌŽũĞĐƚƐ Capital Works Time Part Achievement Works Temporary Casual & Principle Cost standards Cost improvement ŽŶƟŶƵŽƵƐ YƵĂůŝƚLJƐƚĂŶĚĂƌĚƐ sĂĐĂŶƚ ĂƌĚƐ Total Golden Plains Shire Annual Report 2013-14 x27 Community Services Corporate Services Community KƌŐĂŶŝƐĂƟŽŶĂů Finance Development Human Services Development ͻArts & Culture ͻAged & Disability Services ͻĐĐŽƵŶƚƐWĂLJĂďůĞͬZĞĐĞŝǀĂďůĞ ͻCustomer Service ͻCommunity Planning ͻChild & Family Services ͻƵĚŝƚΘYƵĂůŝƚLJƐƐƵƌĂŶĐĞ ͻHuman Resources ͻ>ŝďƌĂƌLJ^ĞƌǀŝĐĞƐ ͻ ĂƌůLJzĞĂƌƐWůĂŶŶŝŶŐ ͻŽŵƉůŝĂŶĐĞZĞƉŽƌƟŶŐ ͻRates & Property ͻZĞĐƌĞĂƟŽŶ ͻHealth & Wellbeing ͻGIS ͻRecords Management ͻzŽƵƚŚ ͻMaternal & Child Health ͻSystems Training & Support ͻZŝƐŬDĂŶĂŐĞŵĞŶƚͬK,Θ^ ͻAccess & Inclusion ͻProcurement ͻKƌŐĂŶŝƐĂƟŽŶĂůWĞƌĨŽƌŵĂŶĐĞ ͻCommunity Centres ͻ ŵĞƌŐĞŶĐLJDĂŶĂŐĞŵĞŶƚ ^㥥ĽùÝ®ÝͲEçÃÙÝ ^㥥ĽùÝ®ÝͲ&d ;&ƵůůdŝŵĞ ƋƵŝǀĂůĞŶƚ) &ĞŵĂůĞ DĂůĞ sĂĐĂŶƚ dŽƚĂů &ĞŵĂůĞ DĂůĞ sĂĐĂŶƚ dŽƚĂů Full Time 49 67 4 120 Full Time 50 67 4 121 Part Time 96 6 3 105 Part Time 51 2 2 55 Casual and Temporary 45 5 0 50 TOTAL 101 69 6 176 TOTAL 190 78 7 275 Community Satisfaction Survey dŚĞĂŶŶƵĂůŽŵŵƵŶŝƚLJ^ĂƟƐĨĂĐƟŽŶ^ƵƌǀĞLJŝƐĨĂĐŝůŝƚĂƚĞĚďLJƚŚĞ^ƚĂƚĞ dŚĞƐƵƌǀĞLJŵĞĂƐƵƌĞĚŽƵŶĐŝů͛ƐƉĞƌĨŽƌŵĂŶĐĞĂƐĐůŽƐĞƚŽŽƌĞƋƵĂů 'ŽǀĞƌŶŵĞŶƚĂŶĚǁĂƐĐŽŶĚƵĐƚĞĚďĞƚǁĞĞŶ:ĂŶƵĂƌLJĂŶĚDĂƌĐŚŽĨ ƚŽƚŚĞĂǀĞƌĂŐĞƉĞƌĨŽƌŵĂŶĐĞĨŽƌsŝĐƚŽƌŝĂŶ^ŵĂůůZƵƌĂů^ŚŝƌĞƐĂŶĚůů 2014. Four hundred residents were interviewed by an independent sŝĐƚŽƌŝĂŶŽƵŶĐŝůƐ͘ ŵĂƌŬĞƚƌĞƐĞĂƌĐŚŽƌŐĂŶŝƐĂƟŽn. 71 71 Customer Service 72 77 73 59 58 ŽŵŵƵŶŝƚLJŽŶƐƵůƚĂƟŽŶ 57 60 62 55 Advocacy 57 56 56 60 KǀĞƌĂůůŝƌĞĐƟŽŶ 53 54 53 57 55 KǀĞƌĂůůWĞƌĨŽƌŵĂŶĐĞ 62 60 Golden Plains Shire Council 2014 61 62 Golden Plains Shire Council 2013 67 Golden Plains Shire Council 2012 01020304050607080 Small Rural Shires 2014 State-wide 2014 28 x Golden Plains Shire Annual Report 2013-14 Statutory Information dŚĞĨŽůůŽǁŝŶŐƐƵŵŵĂƌLJůŝƐƚƐĚŽĐƵŵĞŶƚƐƚŚĂƚĂƌĞĂǀĂŝůĂďůĞĨŽƌƉƵďůŝĐŝŶƐƉĞĐƟŽŶŝŶ ĂĐĐŽƌĚĂŶĐĞǁŝƚŚƐĞĐƟŽŶϭϭŽĨƚŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚ'ĞŶĞƌĂůZĞŐƵůĂƟŽŶƐϮϬϬϰ͘ a ĞƚĂŝůƐŽĨĐƵƌƌĞŶƚĂůůŽǁĂŶĐĞƐĮdžĞĚĨŽƌ g ůŝƐƚŽĨĂůůƐƉĞĐŝĂůĐŽŵŵŝƩĞĞƐ n ƌĞŐŝƐƚĞƌŽĨĂƵƚŚŽƌŝƐĞĚŽĸĐĞƌƐ ƚŚĞDĂLJŽƌĂŶĚŽƵŶĐŝůůŽƌƐƵŶĚĞƌƐĞĐƟŽŶ established by Council and the purpose ĂƉƉŽŝŶƚĞĚƵŶĚĞƌƐĞĐƟŽŶϮϮϰŽĨƚŚĞĐƚ͘ ϳϰŽƌϳϰĂŽĨƚŚĞĐƚ͘ ĨŽƌǁŚŝĐŚĞĂĐŚĐŽŵŵŝƩĞĞǁĂƐ o ůŝƐƚŽĨĚŽŶĂƟŽŶƐĂŶĚŐƌĂŶƚƐŵĂĚĞďLJ b ĞƚĂŝůƐŽĨƐĞŶŝŽƌŽĸĐĞƌƐ͛ƚŽƚĂůƐĂůĂƌLJ established. ƚŚĞŽƵŶĐŝůĚƵƌŝŶŐƚŚĞĮŶĂŶĐŝĂůLJĞĂƌ͕ ƉĂĐŬĂŐĞƐĨŽƌƚŚĞĐƵƌƌĞŶƚĮŶĂŶĐŝĂůLJĞĂƌ h ůŝƐƚŽĨĂůůƐƉĞĐŝĂůĐŽŵŵŝƩĞĞƐ ŝŶĐůƵĚŝŶŐƚŚĞŶĂŵĞƐŽĨƉĞƌƐŽŶƐŽƌďŽĚŝĞƐ and the previous year. established by the Council which were ǁŚŝĐŚŚĂǀĞƌĞĐĞŝǀĞĚĂĚŽŶĂƟŽŶŽƌŐƌĂŶƚ c ĞƚĂŝůƐŽĨŽǀĞƌƐĞĂƐŽƌŝŶƚĞƌƐƚĂƚĞƚƌĂǀĞů ĂďŽůŝƐŚĞĚŽƌĐĞĂƐĞĚƚŽĨƵŶĐƟŽŶĚƵƌŝŶŐ ĂŶĚƚŚĞĂŵŽƵŶƚŽĨĞĂĐŚĚŽŶĂƟŽŶŽƌ ;ǁŝƚŚƚŚĞĞdžĐĞƉƟŽŶŽĨŝŶƚĞƌƐƚĂƚĞƚƌĂǀĞů ƚŚĞĮŶĂŶĐŝĂůLJĞĂƌ͘ grant. ďLJůĂŶĚĨŽƌůĞƐƐƚŚĂŶϯĚĂLJƐͿƵŶĚĞƌƚĂŬĞŶ i DŝŶƵƚĞƐŽĨŵĞĞƟŶŐƐŽĨƐƉĞĐŝĂů p ůŝƐƚŽĨƚŚĞŶĂŵĞƐŽĨƚŚĞŽƌŐĂŶŝƐĂƟŽŶƐ ŝŶĂŶŽĸĐŝĂůĐĂƉĂĐŝƚLJďLJŽƵŶĐŝůůŽƌƐ ĐŽŵŵŝƩĞĞƐĞƐƚĂďůŝƐŚĞĚƵŶĚĞƌƐĞĐƟŽŶ ŽĨǁŚŝĐŚƚŚĞŽƵŶĐŝůǁĂƐĂŵĞŵďĞƌ ŽƌĂŶLJŵĞŵďĞƌŽĨŽƵŶĐŝůƐƚĂīŝŶƚŚĞ ϴϲŽĨƚŚĞĐƚĂŶĚŚĞůĚŝŶƚŚĞƉƌĞǀŝŽƵƐ ĚƵƌŝŶŐƚŚĞĮŶĂŶĐŝĂůLJĞĂƌĂŶĚĚĞƚĂŝůƐŽĨ previous 12 months, including the ϭϮŵŽŶƚŚƐĞdžĐĞƉƚŝĨƚŚĞŵŝŶƵƚĞƐƌĞůĂƚĞ ĂůůŵĞŵďĞƌƐŚŝƉĨĞĞƐĂŶĚŽƚŚĞƌĂŵŽƵŶƚƐ ŶĂŵĞƐŽĨƚŚĞŽƵŶĐŝůůŽƌƐŽƌŵĞŵďĞƌƐŽĨ ƚŽƉĂƌƚƐŽĨŵĞĞƟŶŐƐǁŚŝĐŚŚĂǀĞďĞĞŶ and services provided during that year to ŽƵŶĐŝůƐƚĂīĂŶĚƚŚĞĚĂƚĞ͕ĚĞƐƟŶĂƟŽŶ͕ ĐůŽƐĞĚƚŽŵĞŵďĞƌƐŽĨƚŚĞƉƵďůŝĐƵŶĚĞƌ ĞĂĐŚŽƌŐĂŶŝƐĂƟŽŶďLJƚŚĞŽƵŶĐŝů͘ purpose and total cost to the Council ƐĞĐƟŽŶϴϵŽĨƚŚĞĐƚ͘ q ůŝƐƚŽĨĐŽŶƚƌĂĐƚƐǀĂůƵĞĚĂƚΨϭϬϬ͕ϬϬϬŽƌ ŽĨƚŚĞŽǀĞƌƐĞĂƐŽƌŝŶƚĞƌƐƚĂƚĞƚƌĂǀĞů͕ j ƌĞŐŝƐƚĞƌŽĨĚĞůĞŐĂƟŽŶƐŬĞƉƚƵŶĚĞƌ more which Council entered into during ŝŶĐůƵĚŝŶŐĂĐĐŽŵŵŽĚĂƟŽŶĐŽƐƚƐ͘ ƐĞĐƟŽŶƐϴϳĂŶĚϵϴŽĨƚŚĞĐƚ͕ŝŶĐůƵĚŝŶŐ ƚŚĞĮŶĂŶĐŝĂůLJĞĂƌǁŝƚŚŽƵƚĮƌƐƚĞŶŐĂŐŝŶŐ d EĂŵĞƐŽĨŽƵŶĐŝůŽĸĐĞƌƐǁŚŽǁĞƌĞ the dates on which the last review ŝŶĂĐŽŵƉĞƟƟǀĞƉƌŽĐĞƐƐĂŶĚǁŚŝĐŚ ƌĞƋƵŝƌĞĚƚŽƐƵďŵŝƚĂƌĞƚƵƌŶŽĨŝŶƚĞƌĞƐƚ ƵŶĚĞƌƐĞĐƟŽŶƐϴϲ;ϲͿĂŶĚϵϴ;ϲͿŽĨƚŚĞ ĂƌĞŶŽƚĐŽŶƚƌĂĐƚƐƌĞĨĞƌƌĞĚƚŽŝŶƐĞĐƟŽŶ ĚƵƌŝŶŐƚŚĞĮŶĂŶĐŝĂůLJĞĂƌĂŶĚƚŚĞĚĂƚĞƐ Act took place. ϭϴϲ;ϱͿŽƌ;ϱͿŽĨƚŚĞĐƚ͘ ƚŚĞƌĞƚƵƌŶƐǁĞƌĞƐƵďŵŝƩĞĚ͘ k Submissions received in accordance e EĂŵĞƐŽĨŽƵŶĐŝůůŽƌƐǁŚŽƐƵďŵŝƩĞĚ ǁŝƚŚƐĞĐƟŽŶϮϮϯŽĨƚŚĞĐƚĚƵƌŝŶŐƚŚĞ ƌĞƚƵƌŶƐŽĨŝŶƚĞƌĞƐƚĚƵƌŝŶŐƚŚĞĮŶĂŶĐŝĂů previous 12 months. year and the dates the returns were l Agreements to establish regional Local Laws ƐƵďŵŝƩĞĚ͘ ůŝďƌĂƌŝĞƐƵŶĚĞƌƐĞĐƟŽŶϭϵϲŽĨƚŚĞĐƚ͘ f ŐĞŶĚĂƐĨŽƌĂŶĚŵŝŶƵƚĞƐŽĨŽƌĚŝŶĂƌLJĂŶĚ m ĞƚĂŝůƐŽĨĂůůƉƌŽƉĞƌƚLJ͕ĮŶĂŶĐĞĂŶĚ dŚĞĨŽůůŽǁŝŶŐ>ŽĐĂů>ĂǁƐǁĞƌĞŝŶƉůĂĐĞ ƐƉĞĐŝĂůŵĞĞƟŶŐƐŚĞůĚŝŶƚŚĞƉƌĞǀŝŽƵƐ ŽƉĞƌĂƟŶŐůĞĂƐĞƐŝŶǀŽůǀŝŶŐůĂŶĚ͕ as at 30 June 2014: ϭϮŵŽŶƚŚƐŬĞƉƚƵŶĚĞƌƐĞĐƟŽŶϵϯŽĨƚŚĞ buildings, plant, computer equipment Local Law No. 1 - 2009 (amended) ĐƚĞdžĐĞƉƚŝĨƚŚĞŵŝŶƵƚĞƐƌĞůĂƚĞƚŽƉĂƌƚƐ or vehicles entered into by the Council WƌŽĐĞƐƐĞƐŽĨDƵŶŝĐŝƉĂů'ŽǀĞƌŶŵĞŶƚ͘ ŽĨŵĞĞƟŶŐƐǁŚŝĐŚŚĂǀĞďĞĞŶĐůŽƐĞĚƚŽ as lessor or lessee, including the name Local Law No. 2 - 2007 (amended) ŵĞŵďĞƌƐŽĨƚŚĞƉƵďůŝĐƵŶĚĞƌƐĞĐƟŽŶϴϵ ŽĨƚŚĞŽƚŚĞƌƉĂƌƚLJƚŽƚŚĞůĞĂƐĞĂŶĚƚŚĞ Public Amenity, Roads and Streets. ŽĨƚŚĞĐƚ͘ ƚĞƌŵƐĂŶĚƚŚĞǀĂůƵĞŽĨƚŚĞůĞĂƐĞ͘ Golden Plains Shire Annual Report 2013-14 x29 Statutory Information Freedom of Information Protected Disclosure Act hŶĚĞƌƚŚĞ&ƌĞĞĚŽŵŽĨ/ŶĨŽƌŵĂƟŽŶĐƚϭϵϴϰ͕ƚŚĞĐŽŵŵƵŶŝƚLJŚĂƐƚŚĞƌŝŐŚƚƚŽĂĐĐĞƐƐ ĚŽĐƵŵĞŶƚƐĂŶĚŽƚŚĞƌŝŶĨŽƌŵĂƟŽŶŚĞůĚďLJŽƵŶĐŝů͘ƵƌŝŶŐƚŚĞϮϬϭϯͬϭϰĮŶĂŶĐŝĂůLJĞĂƌ͕ 2012 (PDA) ĂƚŽƚĂůŽĨϭϰǀĂůŝĚƌĞƋƵĞƐƚƐǁĞƌĞƌĞĐĞŝǀĞĚďLJĐŽƵŶĐŝů͘ hŶĚĞƌƚŚĞW͕ŽƵŶĐŝůŚĂƐĚĞǀĞůŽƉĞĚ 'ƌĂŶƚĞĚŝŶĨƵůůсϱ ƉƌŽĐĞĚƵƌĞƐĨŽƌĚĞĂůŝŶŐǁŝƚŚƉƌŽƚĞĐƚĞĚ 'ƌĂŶƚĞĚŝŶƉĂƌƚсϳ disclosures. These procedures are available ŽĐƵŵĞŶƚĂƟŽŶƉƌŽǀŝĚĞĚŽƵƚƐŝĚĞŽĨƚŚĞĐƚсϮ on Council’s website (goldenplains.vic.gov. dƌĂŶƐĨĞƌƌĞĚƚŽĂŶŽƚŚĞƌĂŐĞŶĐLJсϭ ĂƵͿ͘dŚĞĨŽůůŽǁŝŶŐŝŶĨŽƌŵĂƟŽŶŝƐƌĞƋƵŝƌĞĚƚŽ ŝĚŶŽƚƉƌŽĐĞĞĚͬǁŝƚŚĚƌĂǁŶсϯ be disclosed annually under the PDA Act: ƚŽƚĂůŽĨΨϮϱϳ͘ϬϬŝŶĂƉƉůŝĐĂƟŽŶĨĞĞƐǁĂƐĐŽůůĞĐƚĞĚ͘ŽƵŶĐŝůǁĂŝǀĞĚĂƚŽƚĂůŽĨΨϭϮϴ͘ϱϬ Number ŝŶĂƉƉůŝĐĂƟŽŶĨĞĞƐŽŶƚŚĞŐƌŽƵŶĚƐŽĨŚĂƌĚƐŚŝƉĂŶĚͬŽƌƚŚĞƌĞƋƵĞƐƚďĞŝŶŐŽĨĂƉĞƌƐŽŶĂů dŚĞŶƵŵďĞƌĂŶĚƚLJƉĞƐŽĨ Nil nature. disclosures made to IBAC during the year. Victorian Local Government Indicators Average rates and charges per assessment $1,614.10 ǀĞƌĂŐĞƌĂƚĞƐĂŶĚĐŚĂƌŐĞƐƉĞƌZĞƐŝĚĞŶƟĂůƐƐĞƐƐŵĞŶƚ $1,503.36 ǀĞƌĂŐĞ>ŝĂďŝůŝƟĞƐƉĞƌƐƐĞƐƐŵĞŶƚ $1,103.17 KƉĞƌĂƟŶŐZĞƐƵůƚƉĞƌƐƐĞƐƐŵĞŶƚ $465.32 ǀĞƌĂŐĞKƉĞƌĂƟŶŐ džƉĞŶĚŝƚƵƌĞƉĞƌƐƐĞƐƐŵĞŶƚ $3,053.51 ǀĞƌĂŐĞĂƉŝƚĂů džƉĞŶĚŝƚƵƌĞƉĞƌƐƐĞƐƐŵĞŶƚ $967.27 /ŶĨƌĂƐƚƌƵĐƚƵƌĞZĞŶĞǁĂů'ĂƉ 81% /ŶĨƌĂƐƚƌƵĐƚƵƌĞZĞŶĞǁĂůΘDĂŝŶƚĞŶĂŶĐĞ'ĂƉ 90% ŽŶƐƟƚƵĞŶƚ^ĂƟƐĨĂĐƟŽŶZĂƟŶŐŽĨKǀĞƌĂůůWĞƌĨŽƌŵĂŶĐĞ 62 ŽŵŵƵŶŝƚLJ^ĂƟƐĨĂĐƟŽŶZĂƟŶŐĨŽƌŽƵŶĐŝůΖƐĚǀŽĐĂĐLJ 55 ŽŵŵƵŶŝƚLJ^ĂƟƐĨĂĐƟŽŶZĂƟŶŐĨŽƌŽƵŶĐŝůΖƐŽŵŵƵŶŝƚLJŽŶƐƵůƚĂƟŽŶ 59 30 x Golden Plains Shire Annual Report 2013-14 Council Plan Strategic Indicators Actual performance compared to target performance Performance Measure Result Target ŝīĞƌĞŶĐĞ 2013-14 2013-14 ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƌĂƟŶŐĨŽƌĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞŐƌĞĂƚĞƌƚŚĂŶϳϯΎ 71 >73 (2) /ŵƉƌŽǀĞƚŚĞƉĞƌĐĞŶƚĂŐĞŽĨƵƐƚŽŵĞƌ^ĞƌǀŝĐĞƌĞƋƵĞƐƚƐĐŽŵƉůĞƚĞĚ 77.2 >78.8 (1.6) ǁŝƚŚŝŶƟŵĞůŝŶĞƐ;йͿ ĞĐƌĞĂƐĞƚŚĞŶƵŵďĞƌŽĨůŽƐƚƟŵĞĚĂLJƐƉĞƌĂŶŶƵŵ 222 <19 (203) ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌĂĚǀŽĐĂĐLJĂďŽǀĞϲϬΎ 55 >60 (5) ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌĐŽŵŵƵŶŝƚLJĐŽŶƐƵůƚĂƟŽŶ 59 >62 (3) ĂďŽǀĞϲϮΎ Improve the Risk Insurance Audit Score (%)^ ŶͬĂ >82 ŶͬĂ ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌďƵƐŝŶĞƐƐ͕ĐŽŵŵƵŶŝƚLJ 57 >64 (7) ĚĞǀĞůŽƉŵĞŶƚĂŶĚƚŽƵƌŝƐŵĂďŽǀĞϲϰΎ ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌƚŽǁŶƉůĂŶŶŝŶŐƉŽůŝĐLJ 55 >62 (7) ĂƉƉƌŽǀĂůƐĂďŽǀĞϲϮΎ ŽŵƉůĞƚĞϵϬйŽĨĂůůWůĂŶŶŝŶŐWĞƌŵŝƚĂƉƉůŝĐĂƟŽŶƐǁŝƚŚŝŶϲϬ 87 90 (3) business days (%) ŶƐƵƌĞŝŵŵƵŶŝƐĂƟŽŶƌĂƚĞĨŽƌĂůůĂŐĞŐƌŽƵƉƐŝƐĂďŽǀĞƚŚĞ^ƚĂƚĞ 97.31 >92.12 5.19 Average (%) /ŵƉƌŽǀĞƚŚĞĮŶĂŶĐŝĂůŚĞĂůƚŚŽĨƚŚĞŽƌŐĂŶŝƐĂƟŽŶŝŶĂĐĐŽƌĚĂŶĐĞ Improved Improved - ǁŝƚŚƚŚĞůŽŶŐƚĞƌŵĮŶĂŶĐŝĂůƐƚƌĂƚĞŐLJĂŶĚĂŶŶƵĂůďƵĚŐĞƚƚĂƌŐĞƚƐ ĐŚŝĞǀĞƚŚĞďƵĚŐĞƚĞĚƵŶĚĞƌůLJŝŶŐƌĞƐƵůƚ;ΨΖϬϬϬͿ (1,303) >376 (1,679) ĐŚŝĞǀĞĂǁŽƌŬŝŶŐĐĂƉŝƚĂůƌĂƟŽŝŶĞdžĐĞƐƐŽĨϭϮϬй;йͿ 273 >120 153 ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌĨĂŵŝůLJƐƵƉƉŽƌƚƐĞƌǀŝĐĞƐ 66 >67 (1) ĂďŽǀĞϲϳΎ ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌĞůĚĞƌůLJƐƵƉƉŽƌƚƐĞƌǀŝĐĞƐ 67 >67 - ĂďŽǀĞϲϳΎ ĐŚŝĞǀĞϴϬйŽĐĐƵƉĂŶĐLJƌĂƚĞĨŽƌƚŚĞ>ŽŶŐĂLJĂƌĞĞŶƚƌĞ;йͿ 93 80 13 ĐŚŝĞǀĞϴϬйŽĨƚŚĞ,ĨƵŶĚŝŶŐĂŶĚƐĞƌǀŝĐĞĂŐƌĞĞŵĞŶƚƚĂƌŐĞƚƐ;йͿ 88 80 8 ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌƌĞĐƌĞĂƟŽŶĂůĨĂĐŝůŝƟĞƐĂďŽǀĞϳϬΎ 65 >70 (5) /ŶĐƌĞĂƐĞƚŚĞŶƵŵďĞƌŽĨƉĞŽƉůĞůŝǀŝŶŐŝŶƚŚĞ^ŚŝƌĞǁŚŽĨĞĞůĂ ŶͬĂ >74.5 ŶͬĂ ƐƚƌŽŶŐƐĞŶƐĞŽĨďĞŝŶŐƉĂƌƚŽĨƚŚĞŝƌĐŽŵŵƵŶŝƚLJ;/sƌĂƟŶŐͿη /ŶĐƌĞĂƐĞƚŚĞŶƵŵďĞƌŽĨLJŽƵŶŐƉĞŽƉůĞĞŶŐĂŐĞĚŝŶĐŽŵŵƵŶŝƚLJĂĐƟǀŝƟĞƐ 412 >326 86 DĂŝŶƚĂŝŶƚŚĞDŽůŽŶĞLJƐƐĞƚDĂŶĂŐĞŵĞŶƚ^LJƐƚĞŵƌĂƟŶŐĨŽƌ Maintain Maintain - our local roads System System /ŵƉƌŽǀĞƚŚĞŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌůŽĐĂůƐƚƌĞĞƚƐ 46 >54 (8) ĂŶĚĨŽŽƚƉĂƚŚƐĂďŽǀĞϱϰΎ ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌǁĂƐƚĞŵĂŶĂŐĞŵĞŶƚĂďŽǀĞϳϲΎ 73 >76 (3) ΎŽŵŵƵŶŝƚLJ^ĂƟƐĨĂĐƟŽŶZĂƟŶŐƐʹ/ŶĚĞdžƐĐŽƌĞŽĨϰϬϬƌĞƐƉŽŶĚĞŶƚƐ͛ĂŶƐǁĞƌƐŝŶĂƐƵƌǀĞLJ͕ĐŽŶĚƵĐƚĞĚďLJŝŶĚĞƉĞŶĚĞŶƚƌĞƐĞĂƌĐŚĐŽŶƐƵůƚĂŶƚƐ:t^ZĞƐĞĂƌĐŚ͕ ĂƐŬŝŶŐƚŚĞŵƚŽƌĂƚĞŽƵŶĐŝů͛ƐƉĞƌĨŽƌŵĂŶĐĞ͘dŚĞ͚/ŶĚĞdž^ĐŽƌĞ͛ŝƐĂǁĞŝŐŚƚĞĚƐĐŽƌĞĂĐƌŽƐƐĮǀĞƉĞƌĨŽƌŵĂŶĐĞƌĂƟŶŐƐďĞŝŶŐϭϬϬʹsĞƌLJ'ŽŽĚ͕ϳϱʹ'ŽŽĚ͕ϱϬʹ ǀĞƌĂŐĞ͕ϮϱʹWŽŽƌĂŶĚϬʹsĞƌLJWŽŽƌ͘ ^Risk Insurance Audit Score – ŽŵƉĂƌĂƟǀĞŝŶĨŽƌŵĂƟŽŶŝƐŶŽůŽŶŐĞƌĂǀĂŝůĂďůĞĨŽƌƚŚŝƐWĞƌĨŽƌŵĂŶĐĞDĞĂƐƵƌĞ͘ ηEƵŵďĞƌŽĨƉĞŽƉůĞůŝǀŝŶŐŝŶƚŚĞ^ŚŝƌĞǁŚŽĨĞĞůĂƐƚƌŽŶŐƐĞŶƐĞŽĨďĞŝŶŐƉĂƌƚŽĨƚŚĞŝƌĐŽŵŵƵŶŝƚLJ;ŽŵŵƵŶŝƚLJ/ŶĚŝĐĂƚŽƌƐsŝĐƚŽƌŝĂƌĂƟŶŐͿʹCommunity /ŶĚŝĐĂƚŽƌƐsŝĐƚŽƌŝĂŚĂǀĞŶŽƚƌĞůĞĂƐĞĚƚŚŝƐƐƵƌǀĞLJŝŶĨŽƌŵĂƟŽŶƐŝŶĐĞϮϬϭϭĂŶĚĂƌĞƵŶĂďůĞƚŽĐůĂƌŝĨLJǁŚĞŶŝƚǁŝůůďĞŶĞdžƚĂǀĂŝůĂďůĞ͘dŚĞƌĞĨŽƌĞ͕ƚŚŝƐŵĞĂƐƵƌĞ ǁŝůůŶŽƚďĞĂďůĞƚŽďĞƌĞƉŽƌƚĞĚŽŶĨŽƌƚŚĞϮϬϭϯͲϭϰLJĞĂƌ͘ Golden Plains Shire Annual Report 2013-14 x31 Standard Statements and Explanations of Variances - 30 June 2014 Standard Statements Standard Income Statement for the year ended 30 June 2014 ACTUAL BUDGET VARIANCE VARIANCE $’000 $’000 $’000 % KƉĞƌĂƟŶŐZĞǀĞŶƵĞ Rates and Charges 16,716 16,665 51 0.31 Grants and Subsidies 8,176 9,046 (870) 9.62 ŽŶƚƌŝďƵƟŽŶƐĂŶĚZĞĐŽƵƉŵĞŶƚƐ 1,587 1,060 527 49.72 hƐĞƌ&ĞĞƐĂŶĚŚĂƌŐĞƐ 2,556 2,238 318 14.21 KƚŚĞƌZĞǀĞŶƵĞ 785 450 335 74.44 Net Gain on Disposals 55 3 52 1733.33 dŽƚĂůKƉĞƌĂƟŶŐZĞǀĞŶƵĞ 29,875 29,462 413 1.40 KƉĞƌĂƟŶŐ džƉĞŶƐĞƐ Materials and Services (11,708) (9,492) (2,216) 23.35 ŵƉůŽLJĞĞĞŶĞĮƚƐ (14,091) (13,948) (143) 1.03 ĞƉƌĞĐŝĂƟŽŶ (4,830) (5,054) 224 4.43 Finance Costs (303) (349) 46 13.18 KƚŚĞƌ džƉĞŶƐĞƐ (244) (242) (2) 0.83 Bad Debts (5) (1) (4) 400.00 dŽƚĂůKƉĞƌĂƟŶŐ džƉĞŶĚŝƚƵƌĞ ;ϯϭ͕ϭϴϭͿ ;Ϯϵ͕ϬϴϲͿ ;Ϯ͕ϬϵϱͿ 7.20 hŶĚĞƌůLJŝŶŐ^ƵƌƉůƵƐͬ;ĞĮĐŝƚͿĨƌŽŵKƉĞƌĂƟŽŶƐ ;ϭ͕ϯϬϲͿ 376 ;ϭ͕ϲϴϮͿ 447.34 ĂƉŝƚĂůĂŶĚKŶĞKī/ƚĞŵƐ Capital Grants 3,005 3,634 (629) 17.31 ĂƉŝƚĂůŽŶƚƌŝďƵƟŽŶƐ 505 220 285 129.55 ƐƐĞƚƐ'ŝŌĞĚƚŽŽƵŶĐŝů 2,407 550 1,857 337.64 EĞƚ'ĂŝŶŽŶ>ĂŶĚ^ĂůĞƐ 139 - 139 100.00 EĞƚƐƐĞƚZĞǀĂůƵĂƟŽŶ/ŶĐƌĞŵĞŶƚ 197,545 - 197,545 100.00 Surplus Ref 1202,295 4,780 197,515 4132.11 32 x Golden Plains Shire Annual Report 2013-14 Standard Statements Standard Balance Sheet as at 30 June 2014 ACTUAL BUDGET VARIANCE VARIANCE $’000 $’000 $’000 % CURRENT ASSETS Cash Assets 9,934 6,311 3,623 57.41 Receivables 3,112 1,935 1,177 60.83 Inventory - Consumables 22 25 (3) 12.00 >ĂŶĚ,ĞůĚĨŽƌZĞͲƐĂůĞ 322 322 - 0.00 KƚŚĞƌƵƌƌĞŶƚƐƐĞƚƐ 42 60 (18) 30.00 Total Current Assets Ref 2 13,432 8,653 4,779 55.23 NON-CURRENT ASSETS >ĂŶĚ Ref 3 23,195 19,160 4,035 21.06 Buildings 29,405 30,267 (862) 2.85 &ƵƌŶŝƚƵƌĞĂŶĚ ƋƵŝƉŵĞŶƚ 621 683 (62) 9.08 Plant and Machinery ZĞĨϰ 3,824 4,421 (597) 13.50 /ŶĨƌĂƐƚƌƵĐƚƵƌĞ ZĞĨϱ 339,725 148,539 191,186 128.71 KƚŚĞƌ^ƚƌƵĐƚƵƌĞƐ Ref 6 4,585 6,570 (1,985) 30.21 Work in Progress Ref 7 7,042 - 7,042 100.00 Investment in Associate 830 767 63 8.21 >ĂŶĚhŶĚĞƌZŽĂĚƐ Ref 8 588 192 396 206.25 'ƌĂǀĞůWŝƚZĞŚĂďŝůŝƚĂƟŽŶ 60 60 - - Total Non-Current Assets 409,875 210,659 199,217 94.57 TOTAL ASSETS 423,307 219,312 203,996 93.02 CURRENT LIABILITIES Payables 1,764 1,905 141 7.40 /ŶƚĞƌĞƐƚͲĞĂƌŝŶŐ>ŝĂďŝůŝƟĞƐ 433 702 269 38.32 ŵƉůŽLJĞĞĞŶĞĮƚƐ 2,594 2,181 (413) 18.94 Trust Funds 133 200 67 33.50 WƌŽǀŝƐŝŽŶĨŽƌZĞŚĂďŝůŝƚĂƟŽŶŽĨ'ƌĂǀĞůWŝƚ 15 15 - - dŽƚĂůƵƌƌĞŶƚ>ŝĂďŝůŝƟĞƐ 4,939 5,003 64 1.28 NON-CURRENT LIABILITIES /ŶƚĞƌĞƐƚͲĞĂƌŝŶŐ>ŝĂďŝůŝƟĞƐ 5,942 5,674 (268) 4.72 ŵƉůŽLJĞĞĞŶĞĮƚƐ 464 464 - - WƌŽǀŝƐŝŽŶĨŽƌZĞŚĂďŝůŝƚĂƟŽŶŽĨ'ƌĂǀĞůWŝƚ 92 68 (24) 35.29 dŽƚĂůEŽŶͲƵƌƌĞŶƚ>ŝĂďŝůŝƟĞƐ 6,498 6,206 ;ϮϵϮͿ 4.71 TOTAL LIABILITIES 11,437 11,209 ;ϮϮϴͿ 2.03 NET ASSETS 411,870 208,103 203,767 97.92 Yh/dz Accumulated Surplus 411,870 208,103 203,767 97.92 dKd> Yh/dz 411,870 208,103 203,767 97.92 Golden Plains Shire Annual Report 2013-14 x33 Standard Statements Standard Cash Flow Statement for the year ended 30 June 2014 ACTUAL BUDGET VARIANCE VARIANCE $’000 $’000 $’000 % CASH FLOWS FROM OPERATING ACTIVITIES ;/ŶĐůƵƐŝǀĞŽĨ'^dǁŚĞƌĞĂƉƉůŝĐĂďůĞͿ ZĞĐĞŝƉƚƐĨƌŽŵZĂƚĞƉĂLJĞƌƐ 16,759 16,562 197 1.19 Grants 11,856 12,997 (1,141) 8.78 Interest Received 411 451 (40) 8.87 hƐĞƌ&ĞĞƐ 2,596 2,270 326 14.36 ŽŶƚƌŝďƵƟŽŶƐĂŶĚZĞĐŽƵƉŵĞŶƚƐ 1,784 1,333 451 33.83 WĂLJŵĞŶƚƐƚŽ ŵƉůŽLJĞĞƐ (13,542) (14,078) 536 3.81 Payments to Suppliers (12,874) (10,714) (2,160) 20.16 EĞƚ'^dZĞĨƵŶĚĞĚ 730 561 169 30.12 EĞƚĂƐŚ/ŶŇŽǁĨƌŽŵKƉĞƌĂƟŶŐĐƟǀŝƟĞƐ 7,720 9,382 ;ϭ͕ϲϲϮͿ 17.71 CASH FLOWS FROM INVESTING ACTIVITIES ;EĞƚŽĨ'^dͿ WĂLJŵĞŶƚĨŽƌ>ĂŶĚĂŶĚƵŝůĚŝŶŐƐ (1,112) (2,409) 1,297 53.84 WĂLJŵĞŶƚĨŽƌ/ŶĨƌĂƐƚƌƵĐƚƵƌĞƐƐĞƚƐ (4,931) (3,855) (1,076) 27.91 WĂLJŵĞŶƚĨŽƌWůĂŶƚĂŶĚDĂĐŚŝŶĞƌLJ (1,503) (1,805) 302 16.73 WĂLJŵĞŶƚĨŽƌ&ƵƌŶŝƚƵƌĞĂŶĚ ƋƵŝƉŵĞŶƚ (265) (217) (48) 22.12 WĂLJŵĞŶƚĨŽƌKƚŚĞƌ^ƚƌƵĐƚƵƌĞƐ (1,595) (1,378) (217) 15.75 WƌŽĐĞĞĚƐĨƌŽŵ^ĂůĞŽĨ>ĂŶĚ 160 - 160 100.00 WƌŽĐĞĞĚƐĨƌŽŵ^ĂůĞŽĨƐƐĞƚƐ 1,078 947 131 13.83 EĞƚĂƐŚKƵƞůŽǁĨƌŽŵ/ŶǀĞƐƟŶŐĐƟǀŝƟĞƐ ;ϴ͕ϭϲϴͿ ;ϴ͕ϳϭϳͿ 549 6.30 CASH FLOWS FROM FINANCING ACTIVITIES Interest Paid (275) (349) 74 21.20 ZĞƉĂLJŵĞŶƚŽĨŽƌƌŽǁŝŶŐƐ (406) (650) 244 37.54 WƌŽĐĞĞĚƐĨƌŽŵ>ŽĂŶ 1,749 1,990 (241) 12.11 Trust Funds (38) - (38) 100.00 EĞƚĂƐŚ/ŶŇŽǁĨƌŽŵ&ŝŶĂŶĐŝŶŐĐƟǀŝƟĞƐ 1,030 991 39 3.94 EĞƚ/ŶĐƌĞĂƐĞͬ;ĞĐƌĞĂƐĞͿŝŶĂƐŚ,ĞůĚ Ref 9 582 1,656 ;ϭ͕ϬϳϰͿ 64.86 ĂƐŚĂƚ^ƚĂƌƚŽĨzĞĂƌ 9,352 4,655 4,697 100.90 ĂƐŚĂƚ ŶĚŽĨzĞĂƌ 9,934 6,311 3,623 57.41 Standard Statement of Capital Works for the year ended 30 June 2014 ACTUAL BUDGET VARIANCE VARIANCE $’000 $’000 $’000 % CAPITAL WORKS >ĂŶĚĂŶĚƵŝůĚŝŶŐƐ 1,210 2,409 1,199 49.77 &ƵƌŶŝƚƵƌĞĂŶĚ ƋƵŝƉŵĞŶƚ 283 217 (66) 30.41 /ŶĨƌĂƐƚƌƵĐƚƵƌĞ 4,821 3,855 (966) 25.06 KƚŚĞƌ^ƚƌƵĐƚƵƌĞƐ 1,648 1,378 (270) 19.59 Plant and Machinery 1,509 1,805 296 16.40 Total Capital Works Ref 10 9,471 9,664 193 2.00 Represented by: Renewal 4,377 5,009 632 12.62 hƉŐƌĂĚĞ 2,294 1,989 (305) 15.33 džƉĂŶƐŝŽŶ 27 335 308 91.94 New Assets 2,773 2,331 (442) 18.96 Total Capital Works 9,471 9,664 193 2.00 34 x Golden Plains Shire Annual Report 2013-14 Standard Statements Explanation of Variances Standard Income Statement Ref 1: ŽƵŶĐŝůƌĞĐŽƌĚĞĚĂŶKƉĞƌĂƟŶŐ^ƵƌƉůƵƐĨŽƌƚŚĞLJĞĂƌŽĨΨϮϬϮŵĐŽŵƉĂƌĞĚƚŽĂďƵĚŐĞƚĞĚƐƵƌƉůƵƐŽĨΨϱŵ͘dŚĞ ĚŝīĞƌĞŶĐĞŽĨΨϭϵϳŵŝƐƉƌĞĚŽŵŝŶĂŶƚůLJĚƵĞƚŽƚŚĞĨŽůůŽǁŝŶŐǀĂƌŝĂŶĐĞƐ &ĂǀŽƵƌĂďůĞsĂƌŝĂŶĐĞƐ ITEM EXPLANATION $’000 EĞƚƐƐĞƚZĞǀĂůƵĂƟŽŶZĞƐĞƌǀĞ/ŶĐƌĞŵĞŶƚ ZĞǀĂůƵĂƟŽŶŽĨ/ŶĨƌĂƐƚƌƵĐƚƵƌĞƐƐĞƚƐ 197,545 Subdivisions Handed to Council ,ŝŐŚĞƌƚŚĂŶĞdžƉĞĐƚĞĚǀĂůƵĞĂŶĚƋƵĂŶƟƚLJ 1,857 ŽĨƉƌŽƉĞƌƚLJŚĂŶĚĞĚƚŽŽƵŶĐŝů 'ƌĂŶƚͲĞƌĞĞůͬDƚDĞƌĐĞƌZŽĂĚZĞĐŽŶƐƚƌƵĐƟŽŶ EĞǁĨƵŶĚŝŶŐ͕ŶŽƚďƵĚŐĞƚĞĚ 764 Found Assets dŝƚůĞƐKĸĐĞĂĚǀŝĐĞƚŚĂƚ'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞ 537 ŝƐŽŵŵŝƩĞĞŽĨDĂŶĂŐĞŵĞŶƚ Gravel Sales /ŶĐƌĞĂƐĞĚĚĞŵĂŶĚĨŽƌŐƌĂǀĞůŵĂŝŶůLJ 363 ĚƵĞƚŽ>ĞƚŚďƌŝĚŐĞŝƌƉŽƌƚǁŽƌŬƐ 'ƌĂŶƚͲdĞĞƐĚĂůĞ<ŝŶĚĞƌŐĂƌƚĞŶhƉŐƌĂĚĞ EĞǁĨƵŶĚŝŶŐ͕ŶŽƚďƵĚŐĞƚĞĚ 240 Bannockburn Child Care Fees Actual occupancy rate greater than budget 226 ĞƉƌĞĐŝĂƟŽŶ ZĞŇĞĐƚƐŶƵŵďĞƌŽĨĐĂƉŝƚĂůƉƌŽũĞĐƚƐŶŽƚLJĞƚĐŽŵƉůĞƚĞĚ 224 'ƌĂŶƚͲZs^ŵĂůů,ĂůůƐ EĞǁĨƵŶĚŝŶŐ͕ŶŽƚďƵĚŐĞƚĞĚ 199 ĞƌĞĞů&ŝƌĞŝƐĂƐƚĞƌZĞůŝĞĨ&ƵŶĚŝŶŐ ZĞŝŵďƵƌƐĞŵĞŶƚŽĨϮϬϭϯďƵƐŚĮƌĞƌĞůŝĞĨĐŽƐƚƐ 193 at Dereel not budgeted WƵďůŝĐKƉĞŶ^ƉĂĐĞŽŶƚƌŝďƵƟŽŶƐ 'ƌĞĂƚĞƌƚŚĂŶĞdžƉĞĐƚĞĚƐƵďĚŝǀŝƐŝŽŶĂĐƟǀŝƚLJ 191 EĞƚ'ĂŝŶŽŶ>ĂŶĚ^ĂůĞƐ ^ĂůĞŽĨ>ĂŶĚĂƚĂŬĞƌƐ>ĂŶĞĂŶĚtĂƌƌĂŵďŝŶĞ,Ăůů 139 'ƌĂŶƚͲĐƟǀĞĂŶŶŽĐŬďƵƌŶŽŶŶĞĐƟŽŶƐ EĞǁĨƵŶĚŝŶŐ͕ŶŽƚďƵĚŐĞƚĞĚ 89 'ƌĂŶƚͲWƵďůŝĐ^ĂĨĞƚLJ 'ƌĂŶƚƌĞĐĞŝǀĞĚĞĂƌůLJ͕ďƵĚŐĞƚĞĚĨŽƌϮϬϭϰͲϭϱ 64 'ƌĂŶƚͲĂŶŶŽĐŬďƵƌŶ^ŽĐĐĞƌ>ŝŐŚƟŶŐ 'ƌĂŶƚƌĞĐĞŝǀĞĚĞĂƌůLJ͕ďƵĚŐĞƚĞĚĨŽƌϮϬϭϰͲϭϱ 63 'ƌĂŶƚͲĂŶŶŽĐŬďƵƌŶ^ĞĐƵƌŝƚLJ>ŝŐŚƟŶŐ EĞǁĨƵŶĚŝŶŐ͕ŶŽƚďƵĚŐĞƚĞĚ 63 ĞǀĞůŽƉĞƌŽŵŵƵŶŝƚLJŽŶƚƌŝďƵƟŽŶƐ 'ƌĞĂƚĞƌƚŚĂŶĞdžƉĞĐƚĞĚƐƵďĚŝǀŝƐŝŽŶĂĐƟǀŝƚLJ 61 Rates and Charges Revenue /ŶĐƌĞĂƐĞĚŶƵŵďĞƌŽĨĂƐƐĞƐƐŵĞŶƚƐĂŶĚ 52 supplementary assessments Net Gain on Disposals 'ĂŝŶŽŶƐĂůĞŽĨŵŽƚŽƌǀĞŚŝĐůĞƐ͕ƉůĂŶƚĂŶĚĐŽŵƉƵƚĞƌƐ 52 Garbage Disposal Costs (Smythesdale and >ĂŶĚĮůůĐŚĂƌŐĞƐůŽǁĞƌƚŚĂŶďƵĚŐĞƚ 50 Naroghid) ŶŝŵĂůZĞŐŝƐƚƌĂƟŽŶ&ĞĞƐ /ŶĐƌĞĂƐĞŝŶŶƵŵďĞƌŽĨĂŶŝŵĂůƐƌĞŐŝƐƚĞƌĞĚ 47 Interest on Borrowings ZĞĮŶĂŶĐŝŶŐŽĨůŽĂŶĂƚĂůŽǁĞƌŝŶƚĞƌĞƐƚƌĂƚĞ 46 Interest on Investments DŽƌĞĨƵŶĚƐĂǀĂŝůĂďůĞĨŽƌŝŶǀĞƐƚŵĞŶƚ 45 ^ƵďĚŝǀŝƐŝŽŶƐƵƉĞƌǀŝƐŝŽŶĨĞĞƐ /ŶĐƌĞĂƐĞĚƐƵďĚŝǀŝƐŝŽŶĂĐƟǀŝƚLJ 43 ƵŶŬĞƌƐ,ŝůů ƐƚĂďůŝƐŚŵĞŶƚ WƌŽũĞĐƚƐƟůůƚŽďĞĐŽŵƉůĞƚĞĚ 41 'ƌĂŶƚͲ ĐŽĞǀWƵďůŝĐĂƟŽŶƐΘWƌŽŵŽƟŽŶƐ EĞǁĨƵŶĚŝŶŐ͕ŶŽƚďƵĚŐĞƚĞĚ 38 KĸĐĞƌ Family Day Care Income 'ƌĞĂƚĞƌŶƵŵďĞƌŽĨĞŶƌŽůŵĞŶƚƐƚŚĂŶďƵĚŐĞƚ 37 'ƌĂŶƚͲ'W^zŽƵƚŚŽŶŶĞĐƟŽŶWƌŽũĞĐƚ EĞǁĨƵŶĚŝŶŐ͕ŶŽƚďƵĚŐĞƚĞĚ 37 'ƌĂŶƚΘŽŶƚƌŝďƵƟŽŶͲDĞƌĞĚŝƚŚsŝƐŝƚŽƌƐ EĞǁĨƵŶĚŝŶŐ͕ŶŽƚďƵĚŐĞƚĞĚ 36 ĞŶƚƌĞ&ŝƚKƵƚ DĂũŽƌWĂƚĐŚŝŶŐ>ŽĐĂůZŽĂĚƐ &ƵŶĚƐƵƟůŝƐĞĚƚŽŵĂŝŶƚĂŝŶŐƌĂǀĞůƌŽĂĚƐ 35 Drainage Maintenance &ƵŶĚƐƵƟůŝƐĞĚƚŽŵĂŝŶƚĂŝŶŐƌĂǀĞůƌŽĂĚƐ 34 DĂŝŶƚĞŶĂŶĐĞŽĨZĞĐĂŶĚŽŵŵƵŶŝƚLJƵŝůĚŝŶŐƐ &ƵŶĚƐƵƟůŝƐĞĚƚŽŵĂŝŶƚĂŝŶƐƉŽƌƚƐŽǀĂůƐ 31 ŽŵŵĞŶĐĞƌĂŝŶĂŐĞ^ƚƵĚLJĨŽƌĂŶŶŽĐŬďƵƌŶ WƌŽũĞĐƚƐƟůůƚŽďĞĐŽŵƉůĞƚĞĚ 30 Grant - Dereel Mens Shed 'ƌĂŶƚƌĞĐĞŝǀĞĚĞĂƌůLJ͕ďƵĚŐĞƚĞĚĨŽƌϮϬϭϰͲϭϱ 30 'ƌĂŶƚͲtŽĂĚLJzĂůŽĂŬ ƋƵĞƐƚƌŝĂŶ ƵĚŐĞƚĞĚĨŽƌϮϬϭϮͲϭϯ 30 WĂŶĞůĂŶĚsd,ĞĂƌŝŶŐƐ KŶůLJŽŶĞWĂŶĞů,ĞĂƌŝŶŐĚƵƌŝŶŐƚŚĞLJĞĂƌ 24 Grant - Sustainability Accord Project EĞǁĨƵŶĚŝŶŐ͕ŶŽƚďƵĚŐĞƚĞĚ 22 ŽŶƚƌŝďƵƟŽŶƚŽZĞǀĂůƵĂƟŽŶ ŵŽƵŶƚƌĞĐĞŝǀĞĚĨƌŽŵ^ZKŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚĚƵĞƚŽŝŶĐƌĞĂƐĞĚ 22 ŶƵŵďĞƌŽĨƌĞǀĂůƵĂƟŽŶƐ 'ƌĂŶƚͲƵŝůĚŝŶŐĚĂƉƟǀĞĂƉĂĐŝƚLJŽŶZŽĂĚƐŝĚĞ EĞǁĨƵŶĚŝŶŐ͕ŶŽƚďƵĚŐĞƚĞĚ 20 WƌŝǀĂƚĞYƵĂƌƌLJ>ĞǀLJ 'ƌĞĂƚĞƌĂŵŽƵŶƚŽĨŐƌĂǀĞůŵŽǀĞĚŽŶŽƵƌƌŽĂĚƐ 19 EĞƚ<ŝŶĚĞƌŐĂƌƚĞŶ^ĞƌǀŝĐĞ/ŵƉƌŽǀĞŵĞŶƚ EĞǁĨƵŶĚŝŶŐ͕ŶŽƚďƵĚŐĞƚĞĚ 18 /ŶŝƟĂƟǀĞ Golden Plains Shire Annual Report 2013-14 x35 Standard Statements Explanation of Variances Standard Income Statement (continued) &ĂǀŽƵƌĂďůĞsĂƌŝĂŶĐĞƐ;ĐŽŶƟŶƵĞĚͿ ITEM EXPLANATION $’000 ^ĞƉƟĐdĂŶŬ&ĞĞƐ /ŶĐƌĞĂƐĞĚĂĐƟǀŝƚLJ 18 Grant - M&CH Services Increased services due to increased birth rates 16 'ƌĂŶƚͲŚŝůĚƌĞŶƐΖ^ĞƌǀŝĐĞƐWƌŽũĞĐƚƐ EĞǁĨƵŶĚŝŶŐ͕ŶŽƚďƵĚŐĞƚĞĚ 15 ŽŵŵƵŶŝƚLJWůĂŶŶŝŶŐ/ŵƉůĞŵĞŶƚĂƟŽŶ'ƌĂŶƚƐ Fewer community groups completed community plans 15 KƚŚĞƌĨĂǀŽƵƌĂďůĞǀĂƌŝĂŶĐĞƐ 44 hŶĨĂǀŽƵƌĂďůĞsĂƌŝĂŶĐĞƐ ITEM EXPLANATION $’000 General Purpose Grant ϱϬйŽĨϮϬϭϯͲϭϰŐƌĂŶƚƐƌĞĐĞŝǀĞĚĂŶĚƌĞĐŽŐŶŝƐĞĚ (2,635) in 2012-13 'ƌĂŶƚͲDĞƌĞĚŝƚŚ ĂƌůLJzĞĂƌƐDŝŶŝ,Ƶď;ZsͿ Funds received in 2012-13 (600) 'ƌĂŶƚͲDĞƌĞĚŝƚŚ ĂƌůLJzĞĂƌƐDŝŶŝ,Ƶď;ZͿ ĞůĂLJŝŶƉƌŽũĞĐƚĚƵĞƚŽĨĞĚĞƌĂůĞůĞĐƟŽŶ͕ (480) ĨƵŶĚƐƚŽďĞƌĞĐĞŝǀĞĚŝŶϮϬϭϰͲϭϱ ĂŶŶŽĐŬďƵƌŶŚŝůĚĂƌĞ džƉĞŶĚŝƚƵƌĞ Actual occupancy rate greater than budget (341) 'ƌĂŶƚͲΗdŚĞtĞůůΗ džƚĞŶƐŝŽŶ WƌŽũĞĐƚĚĞĨĞƌƌĞĚƚŽϮϬϭϰͲϭϱ (300) 'ƌĂŶƚͲEĞŝŐŚďŽƵƌ^ĂĨĞƌWůĂĐĞƐ &ƵŶĚƐƌĞƚƵƌŶĞĚĂƐƉƵƌĐŚĂƐĞŽĨůĂŶĚŶŽƚĐŽŵƉůĞƚĞĚ (277) Grant - Dereel NSP 'ƌĂŶƚŶŽƚƌĞĐĞŝǀĞĚ͕ĞdžƉĞĐƚĞĚŝŶϮϬϭϰͲϭϱ (258) Gravel Procurement Costs /ŶĐƌĞĂƐĞĚĚĞŵĂŶĚĨŽƌŐƌĂǀĞůŵĂŝŶůLJĚƵĞ (204) ƚŽ>ĞƚŚďƌŝĚŐĞŝƌƉŽƌƚǁŽƌŬƐ Public Halls Maintenance hƉŐƌĂĚĞŽĨĨŽƵƌŚĂůůƐďƵĚŐĞƚĞĚŝŶ (195) capital but not GPS managed ŵƉůŽLJĞĞŽƐƚƐ ZĞůŽĐĂƟŽŶĂůůŽǁĂŶĐĞĨŽƌŽƵƚĚŽŽƌƐƚĂī (143) ĂŶĚĞdžƉĂŶƐŝŽŶƚŽ>ŽŶŐĂLJĂƌĞWƌŽŐƌĂŵ 'ƌĂŶƚͲDĂƵĚĞsŝĞǁŝŶŐWůĂƞŽƌŵ Funds received in 2012-13 (126) Township Mowing and Maintenance tĞĂƚŚĞƌĐŽŶĚŝƟŽŶƐĐŽŶĚƵĐŝǀĞƚŽŐƌŽǁŝŶŐ (107) 'ƌĂŶƚͲ,ĂĚĚŽŶZĞĐĞŶƚƌĞhƉŐƌĂĚĞ Funds received in 2012-13 (100) ^ƉŽƌƚƐKǀĂůƐWůĂLJŝŶŐ^ƵƌĨĂĐĞDĂŝŶƚĞŶĂŶĐĞ /ŶĐƌĞĂƐĞĚĨŽĐƵƐƌĞƋƵŝƌĞĚŝŶƚŚŝƐĂƌĞĂ (88) 'ƌĂǀĞůZŽĂĚƐZŽƵƟŶĞDĂŝŶƚĞŶĂŶĐĞ džƚƌĂŐƌĂĚĞƐƌĞƋƵŝƌĞĚĚƵĞƚŽƉŽŽƌǁĞĂƚŚĞƌĐŽŶĚŝƟŽŶƐ (84) ŵĞƌŐĞŶĐLJDĂŶĂŐĞŵĞŶƚ &ŝŶĂůĐůĞĂŶƵƉŽƉĞƌĂƟŽŶƐĂƚĞƌĞĞůĂŌĞƌďƵƐŚĮƌĞƐ (76) Building Permit Fees Work mainly being carried out by private sector (53) 'ƌĂŶƚͲ ĐŽŶŽŵŝĐĞǀĞůŽƉŵĞŶƚ^ƚƌĂƚĞŐLJ Funding not available (45) EĞƚĞďƚŽůůĞĐƟŽŶZĞĐŽƵƉŵĞŶƚ >ĞŐĂůĞdžƉĞŶƐĞƐŝŶĐƵƌƌĞĚŝŶƌĞŐĂƌĚƚŽ (42) ƐĞůůŝŶŐƉƌŽƉĞƌƟĞƐLJĞƚƚŽďĞƌĞĐŽƵƉĞĚ ^ƚƌĞĞƚ>ŝŐŚƟŶŐ Power costs higher than budget (32) ^ƚĂƚƵƚŽƌLJZĞƉŽƌƚͬƵĚŐĞƚ >ĞƚŚďƌŝĚŐĞŝƌƉŽƌƚůĞŐĂůĂŐƌĞĞŵĞŶƚĂŶĚĂƉƉůŝĐĂƟŽŶĨŽƌ (28) '^dƌĞĨƵŶĚŽŶĂŬĞƌƐ>ĂŶĞůĂŶĚƐĂůĞƐ Public Toilets Cleaning džƚƌĂĐůĞĂŶŝŶŐƌĞƋƵŝƌĞĚǁŝƚŚŝŶŶĞǁĐŽŶƚƌĂĐƚ (21) Social Media Pilot Project WƌŽũĞĐƚĚĞĨĞƌƌĞĚĨƌŽŵϮϬϭϮͲϭϯ (15) 36 x Golden Plains Shire Annual Report 2013-14 Standard Statements Explanation of Variances Standard Balance Sheet Ref 2: Current Assets are $4.78m higher than budget. ͻ ĂƐŚĂƐƐĞƚƐĂƌĞΨϯ͘ϲϮŵŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚ͘dŚŝƐĐĂŶůĂƌŐĞůLJďĞĂƩƌŝďƵƚĞĚƚŽƚŚĞŽƉĞŶŝŶŐďĂůĂŶĐĞďĞŝŶŐΨϰ͘ϳϬŵ higher than budget. ͻ ZĞĐĞŝǀĂďůĞƐĂƌĞΨϭ͘ϭϴŵŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚ͘dŚŝƐƉƌŝŵĂƌŝůLJĐŽŶƐŝƐƚƐŽĨ͗ വ ƌĂƚĞƌĞĐĞŝǀĂďůĞƐΨϱϵŬŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚƌĞŇĞĐƟŶŐĂŵŝŶŽƌŝŶĐƌĞĂƐĞŝŶůĂƚĞƉĂLJŵĞŶƚƐ͖ĂŶĚ വ ƐƵŶĚƌLJƌĞĐĞŝǀĂďůĞƐΨϭ͘ϬϵŵŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚ͕ŽĨƚŚŝƐĂŵŽƵŶƚΨϭ͘ϭŵƌĞůĂƚĞƐƚŽŽƵŶƚƌLJZŽĂĚƐĂŶĚƌŝĚŐĞƐ ŝŶŝƟĂƟǀĞŐƌĂŶƚĨƵŶĚŝŶŐĨƌŽŵsŝĐZŽĂĚƐ͘ ͻ /ŶǀĞŶƚŽƌLJʹŽŶƐƵŵĂďůĞƐŝƐΨϯŬďĞůŽǁďƵĚŐĞƚĚƵĞƚŽůĞƐƐĨƵĞůďĞŝŶŐŚĞůĚƚŚĂŶďƵĚŐĞƚĞĚ͘ ͻ KƚŚĞƌƵƌƌĞŶƚƐƐĞƚƐĂƌĞΨϭϴŬůŽǁĞƌƚŚĂŶďƵĚŐĞƚ͕ŵĂŝŶůLJĚƵĞƚŽƉƌĞƉĂŝĚĞdžƉĞŶĚŝƚƵƌĞ͘ Ref 3:>ĂŶĚŝƐΨϰ͘ϬϰŵŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚ͘dŚŝƐŝƐŵĂŝŶůLJĚƵĞƚŽ͗ ͻ ŽƉĞŶŝŶŐďĂůĂŶĐĞďĞŝŶŐΨϭ͘ϯϮŵŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚĚƵĞƚŽĞƉĂƌƚŵĞŶƚŽĨ ŶǀŝƌŽŶŵĞŶƚĂŶĚWƌŝŵĂƌLJ/ŶĚƵƐƚƌŝĞƐ ; W/ͿĂĚǀŝƐŝŶŐ'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞŽĨůĂŶĚƚŚĂƚƚŚĞŽƵŶĐŝůŚĂĚďĞĞŶŵĂĚĞŽŵŵŝƩĞĞŽĨDĂŶĂŐĞŵĞŶƚΨϭ͘Ϭϴŵ͖ĂŶĚ ƵŶďƵĚŐĞƚĞĚĂĚĚŝƟŽŶƐŽĨΨϮϯϴŬ͖ ͻ ĨƵƌƚŚĞƌĂĚǀŝĐĞĨƌŽŵ W/ƌĞŐĂƌĚŝŶŐŽƵŶĐŝůďĞŝŶŐĂƉƉŽŝŶƚĞĚŽŵŵŝƩĞĞŽĨDĂŶĂŐĞŵĞŶƚΨϰϴŬ͖ ͻ 'ŝŌĞĚĂƐƐĞƚƐ͖WƵďůŝĐKƉĞŶ^ƉĂĐĞΨϭϰϬŬ͖ŽŶƚƌŝďƵƟŽŶĨŽƌĚƌĂŝŶĂŐĞΨϭϴϱŬ͖ĂŶĚ ͻ /ŶĐƌĞĂƐĞŝŶǀĂůƵĞŽĨůĂŶĚĚƵĞƚŽŝŶĚĞdžĂƟŽŶΨϮ͘ϯϴŵ͘ Ref 4: Plant and Machinery is $597k lower than budget. This is mainly due to: ͻ ŽƉĞŶŝŶŐďĂůĂŶĐĞďĞŝŶŐΨϰϰϳŬďĞůŽǁďƵĚŐĞƚŵĂŝŶůLJĚƵĞƚŽƚŚĞĚĞůĂLJŝŶƉƵƌĐŚĂƐĞŽĨƚŚĞ/ƐƵnjƵ&ůŽĐŽŶΨϮϲϬŬ͖ƌĞĚƵĐĞĚ ŶƵŵďĞƌŽĨǀĞŚŝĐůĞƐĐŚĂŶŐĞĚŽǀĞƌΨϮϵϳŬ͖ŽīƐĞƚďLJƚŚĞƉƵƌĐŚĂƐĞŽĨƚŚĞďĂĐŬŚŽĞΨϳϵŬĂŶĚŐĂŶŐŵŽǁĞƌΨϰϳŬ͖ĂŶĚ ͻ ZĞĚƵĐĞĚŶƵŵďĞƌŽĨǀĞŚŝĐůĞƐĐŚĂŶŐĞĚŽǀĞƌĚƵƌŝŶŐϮϬϭϯͲϭϰΨϮϵϲŬ͘ Ref 5:/ŶĨƌĂƐƚƌƵĐƚƵƌĞŝƐΨϭϵϭ͘ϭϵŵŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚ͘dŚŝƐŝƐĚƵĞƚŽ͗ ͻ ŽƉĞŶŝŶŐďĂůĂŶĐĞďĞŝŶŐΨϭ͘ϭϭŵŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚ͕ĚƵĞƚŽĂĚĚŝƟŽŶƐŽĨϮϬϭϮͲϭϯ͖ ͻ ƌĞǀĂůƵĂƟŽŶŽĨĂƐƐĞƚƐŝŶĐƌĞĂƐĞĚŝŶĨƌĂƐƚƌƵĐƚƵƌĞďLJΨϭϵϭ͘ϲϭŵ͖ ͻ ŐŝŌĞĚĂƐƐĞƚƐΨϭ͘ϳϲŵŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚ͖ĂŶĚ ͻ ĂĚĚŝƟŽŶƐŽĨΨϯ͘ϳϬŵĂƌĞŝŶĐůƵĚĞĚŝŶtŽƌŬŝŶWƌŽŐƌĞƐƐ͘ Ref 6:KƚŚĞƌ^ƚƌƵĐƚƵƌĞƐĂƌĞΨϭ͘ϵϵŵůŽǁĞƌƚŚĂŶďƵĚŐĞƚ͘dŚŝƐŝƐĚƵĞƚŽ͗ ͻ opening balance being $1.26m below budget; ͻ ĂĚĚŝƟŽŶƐŽĨΨϮϬϱŬƚƌĞĂƚĞĚĂƐtŽƌŬŝŶWƌŽŐƌĞƐƐĂŶĚĂĨƵƌƚŚĞƌΨϮϮŬƚƌĞĂƚĞĚĂƐ&ƵƌŶŝƚƵƌĞĂŶĚ ƋƵŝƉŵĞŶƚ͖ ͻ ďƵĚŐĞƚĂŵŽƵŶƚƐŽĨΨϰϱϯŬƵŶƐƉĞŶƚ͖ ͻ ƵŶďƵĚŐĞƚĞĚĞdžƉĞŶĚŝƚƵƌĞŽĨΨϰϴϮŬ͖ ͻ ŝŶĚĞdžĂƟŽŶŽĨǀĂůƵĞƐŝŶĐƌĞĂƐĞĚKƚŚĞƌ^ƚƌƵĐƚƵƌĞƐďLJΨϯϱŬ͖ĂŶĚ ͻ ĚĞƉƌĞĐŝĂƟŽŶǁĂƐΨϭϭϬŬďĞůŽǁďƵĚŐĞƚ͘ Ref 7:tŽƌŬŝŶWƌŽŐƌĞƐƐŝƐΨϳ͘Ϭϰŵ͕ƚŚŝƐĂƐƐĞƚĐůĂƐƐŝƐŶŽƚďƵĚŐĞƚĞĚĨŽƌ͘dŚĞǀĂƌŝĂŶĐĞŝƐƉƌŝŵĂƌŝůLJĐŽŵƉƌŝƐĞĚŽĨ͗ ͻ opening balance $378k; ͻ ƵŶďƵĚŐĞƚĞĚǁŽƌŬŝŶĐůƵĚŝŶŐŶĞǁĐůƵďƌŽŽŵƐĂƚtŽĂĚLJzĂůŽĂŬ ƋƵĞƐƚƌŝĂŶĞŶƚƌĞ͕ĂŶŶŽĐŬďƵƌŶ^ŽĐĐĞƌWŝƚĐŚ͕dĞĞƐĚĂůĞ and Rokewood Streetscape $2.61m; ͻ KƚŚĞƌ^ƚƌƵĐƚƵƌĞƐĂĚĚŝƟŽŶƐŶŽƚĐŽŵƉůĞƚĞĚΨϮϬϱŬ͖ ͻ ƵŝůĚŝŶŐĂĚĚŝƟŽŶƐŶŽƚĐŽŵƉůĞƚĞĚΨϭϭϵŬ͖ĂŶĚ ͻ /ŶĨƌĂƐƚƌƵĐƚƵƌĞĂĚĚŝƟŽŶƐΨϯ͘ϳϬŵ͘ Ref 8:>ĂŶĚhŶĚĞƌZŽĂĚƐŝƐΨϯϵϲŬŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚ͘dŚŝƐŝƐĚƵĞƚŽ͗ ͻ ŽƉĞŶŝŶŐďĂůĂŶĐĞďĞŝŶŐΨϮϭϯŬŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚ͕ĚƵĞƚŽĂĚĚŝƟŽŶƐŝŶϮϬϭϮͲϭϯ͖ ͻ ƌĞǀĂůƵĂƟŽŶŝŶĐƌĞĂƐĞŽĨΨϴϳŬ͖ĂŶĚ ͻ ŐŝŌĞĚĂƐƐĞƚƐŽĨΨϵϲŬŶŽƚďƵĚŐĞƚĞĚ͘ Golden Plains Shire Annual Report 2013-14 x37 Standard Statements Explanation of Variances Standard Cash Flow Statement Ref 9:ŽƵŶĐŝůďƵĚŐĞƚĞĚĨŽƌĂŶĞƚŝŶĐƌĞĂƐĞŝŶĐĂƐŚŽĨΨϭ͘ϲϲŵďƵƚƌĞĐŽƌĚĞĚĂŶĞƚŝŶĐƌĞĂƐĞŽĨΨϱϴϮŬ͕ĂǀĂƌŝĂŶĐĞŽĨ $1.07m. This variance is primarily due to: &ĂǀŽƵƌĂďůĞsĂƌŝĂŶĐĞƐ ͻ ZĞĐĞŝƉƚƐĨƌŽŵZĂƚĞƉĂLJĞƌƐΨϭϵϳŬŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚĚƵĞƚŽŝŶĐƌĞĂƐĞĚŶƵŵďĞƌŽĨĂƐƐĞƐƐŵĞŶƚƐ͘ ͻ hƐĞƌĨĞĞƐĂƌĞΨϯϮϲŬŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚ͘dŚŝƐƌĞŇĞĐƚƐŚŝŐŚĞƌĐŚŝůĚĐĂƌĞŽĐĐƵƉĂŶĐLJƌĂƚĞƐΨϮϮϲŬ͕ŝŶĐƌĞĂƐĞŝŶŶŝŵĂů ZĞŐŝƐƚƌĂƟŽŶ&ĞĞƐΨϰϳŬ͕^ƵďĚŝǀŝƐŝŽŶ^ƵƉĞƌǀŝƐŝŽŶ&ĞĞƐŝŶĐƌĞĂƐĞŝŶĂĐƟǀŝƚLJΨϰϯŬ͘ ͻ ŽŶƚƌŝďƵƟŽŶƐĂŶĚZĞĐŽƵƉŵĞŶƚƐǁĞƌĞΨϰϱϭŬŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚ͘WƌŝŵĂƌŝůLJĚƵĞƚŽ͗ വ ŝŶĐƌĞĂƐĞĚŐƌĂǀĞůƐĂůĞƐŽĨΨϯϲϯŬĚƵĞƚŽƌĞƋƵŝƌĞŵĞŶƚƐŽĨ>ĞƚŚďƌŝĚŐĞŝƌƉŽƌƚ͖ വ ĞǀĞůŽƉĞƌŽŵŵƵŶŝƚLJŽŶƚƌŝďƵƟŽŶƐΨϲϭŬŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚ͖ĂŶĚ വ ĐŽŶƚƌŝďƵƟŽŶƚŽƌĞǀĂůƵĂƟŽŶ;^ZKͿΨϮϮŬ͘ ͻ Payments to employees $536k lower than budget mainly due to $370k being capitalised. ͻ EĞƚ'^dƌĞĨƵŶĚĞĚΨϭϲϵŬŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚĚƵĞƚŽŽǀĞƌĂůůŽƉĞƌĂƟŽŶƐ͘ ͻ WĂLJŵĞŶƚĨŽƌ>ĂŶĚĂŶĚƵŝůĚŝŶŐƐΨϭ͘ϯϬŵĚƵĞƚŽĂŶƵŵďĞƌŽĨƉƌŽũĞĐƚƐƐƟůůƚŽďĞĐŽŵƉůĞƚĞĚ͘ ͻ WĂLJŵĞŶƚĨŽƌWůĂŶƚĂŶĚDĂĐŚŝŶĞƌLJΨϯϬϮŬ͘ZĞŇĞĐƟŽŶŽĨĨĞǁĞƌǀĞŚŝĐůĞƐƉƵƌĐŚĂƐĞĚ͘ ͻ WƌŽĐĞĞĚƐĨƌŽŵ^ĂůĞŽĨ>ĂŶĚΨϭϲϬŬ͘dŚŝƐŝƐƚŚĞƐĂůĞŽĨŽŶĞďůŽĐŬŽĨůĂŶĚĂƚĂŬĞƌƐ>ĂŶĞ͕dĞĞƐĚĂůĞǁŚŝĐŚǁĂƐďƵĚŐĞƚĞĚ ĨŽƌϮϬϭϮͲϭϯ͘ ͻ WƌŽĐĞĞĚƐĨƌŽŵ^ĂůĞŽĨƐƐĞƚƐΨϭϯϭŬ͘dŚŝƐŝƐŵĂŝŶůLJĚƵĞƚŽƐĂůĞŽĨƉƌŽƉĞƌƚLJĂƚtĂƌƌĂŵďŝŶĞ͘ ͻ /ŶƚĞƌĞƐƚWĂŝĚΨϳϰŬ͘ZĞĮŶĂŶĐŝŶŐŽĨůŽĂŶĂƚůŽǁĞƌŝŶƚĞƌĞƐƚƌĂƚĞ͘ ͻ ZĞƉĂLJŵĞŶƚƐŽĨŽƌƌŽǁŝŶŐƐΨϮϰϰŬ͘>ŽǁĞƌƌĞƉĂLJŵĞŶƚƐĂƐƌĞĮŶĂŶĐĞĚůŽĂŶŝƐŝŶƚĞƌĞƐƚŽŶůLJ͘ hŶĨĂǀŽƵƌĂďůĞsĂƌŝĂŶĐĞƐ ͻ 'ƌĂŶƚƐǁĞƌĞΨϭ͘ϭϰŵůŽǁĞƌƚŚĂŶďƵĚŐĞƚ͘dŚŝƐŝƐƉƌŝŵĂƌŝůLJĚƵĞƚŽĂĐŽŵďŝŶĂƟŽŶŽĨďƵĚŐĞƚĞĚŐƌĂŶƚƐŶŽƚƌĞĐĞŝǀĞĚ ĚƵƌŝŶŐϮϬϭϯͲϭϰ͖sŝĐƚŽƌŝĂŶ'ƌĂŶƚƐŽŵŵŝƐƐŝŽŶΨϮ͘ϲϰŵĂŶĚDĞƌĞĚŝƚŚ ĂƌůLJzĞĂƌƐDŝŶŝ,ƵďΨϭ͘Ϭϴŵ͖ŽīƐĞƚďLJŐƌĂŶƚƐ ƌĞĐĞŝǀĞĚďƵƚŶŽƚďƵĚŐĞƚĞĚĨŽƌ>ĞƚŚďƌŝĚŐĞŝƌƉŽƌƚWƌŽũĞĐƚΨϴϵϰŬ͕ĞƌĞĞůDƚDĞƌĐĞƌZŽĂĚZĞĐŽŶƐƚƌƵĐƟŽŶΨϳϲϰ͕ 'ŽůĚĞŶWůĂŝŶƐ&ŽŽĚ^ĞĐƵƌŝƚLJWƌĞĐŝŶĐƚΨϰϱϮĂŶĚƚŚĞtĞůů džƚĞŶƐŝŽŶΨϯϬϬŬ͘ ͻ /ŶƚĞƌĞƐƚZĞĐĞŝǀĞĚΨϰϬŬůŽǁĞƌƚŚĂŶďƵĚŐĞƚ͘ZĞŇĞĐƚƐƚŚĞŝŶƚĞƌĞƐƚĂĐĐƌƵĞĚĂƚLJĞĂƌĞŶĚďƵƚŶŽƚƌĞĐĞŝǀĞĚ͘ ͻ WĂLJŵĞŶƚƐƚŽ^ƵƉƉůŝĞƌƐΨϮ͘ϭϲŵŚŝŐŚĞƌƚŚĂŶďƵĚŐĞƚ͘dŚŝƐƌĞŇĞĐƚƐĞdžƉĞŶĚŝƚƵƌĞŽŶ>ĞƚŚďƌŝĚŐĞŝƌƉŽƌƚΨϴϵϰŬ;ĨƵŶĚĞĚͿ͕ 'ŽůĚĞŶWůĂŝŶƐ&ŽŽĚ^ĞĐƵƌŝƚLJWƌĞĐŝŶĐƚΨϰϱϮŬ;ĨƵŶĚĞĚͿ͕'ƌĂǀĞůWƌŽĐƵƌĞŵĞŶƚŽƐƚƐΨϮϬϱŬ͕dŽǁŶƐŚŝƉDŽǁŝŶŐĂŶĚ DĂŝŶƚĞŶĂŶĐĞΨϭϬϴŬ͕ ŵĞƌŐĞŶĐLJDĂŶĂŐĞŵĞŶƚΨϳϲŬ͕ĞƌĞĞůZƵƌĂůZĞĐŽǀĞƌLJΨϰϱŬ͕EĞǁ ĐŽŶŽŵŝĐĞǀĞůŽƉŵĞŶƚ ^ƚƌĂƚĞŐLJΨϯϴŬ͕ĞďƚŽůůĞĐƟŽŶ džƉĞŶƐĞƐΨϳϲŬ͕ƌŽŬĞƌĂŐĞŽƐƚƐΨϱϵŬƵŶďƵĚŐĞƚĞĚ͘ ͻ WĂLJŵĞŶƚĨŽƌ/ŶĨƌĂƐƚƌƵĐƚƵƌĞƐƐĞƚƐΨϭ͘Ϭϴŵ͘ZĞŇĞĐƚƐƵŶďƵĚŐĞƚĞĚĞdžƉĞŶĚŝƚƵƌĞŝŶƚŚĞŵĂŝŶŽŶĞƌĞĞůͲDƚDĞƌĐĞƌZŽĂĚ ZĞĐŽŶƐƚƌƵĐƟŽŶΨϴϵϳŬ͕DŝůƚŽŶ^ƚƌĞĞƚ&ŽŽƚƉĂƚŚΨϭϳϯŬ͘dŚĞƐĞǁĞƌĞĨƵŶĚĞĚƉƌŽũĞĐƚƐ͘ ͻ WĂLJŵĞŶƚĨŽƌ&ƵƌŶŝƚƵƌĞĂŶĚ ƋƵŝƉŵĞŶƚΨϰϴŬ͘WƌŝŵĂƌŝůLJĚƵĞƚŽƌŝĐŬĞƚWŝƚĐŚŽǀĞƌƐŵŽǀĞĚĨƌŽŵKƚŚĞƌ^ƚƌƵĐƚƵƌĞƐƚŽ &ƵƌŶŝƚƵƌĞĂŶĚ ƋƵŝƉŵĞŶƚΨϮϬŬĂŶĚŽƚŚĞƌƵŶďƵĚŐĞƚĞĚĞdžƉĞŶĚŝƚƵƌĞ͘ ͻ WĂLJŵĞŶƚĨŽƌKƚŚĞƌ^ƚƌƵĐƚƵƌĞƐΨϮϭϳŬ͘dŚŝƐŝƐƉƌŝŵĂƌŝůLJƚŚĞŶĞƚĞīĞĐƚŽĨƵŶďƵĚŐĞƚĞĚĞdžƉĞŶĚŝƚƵƌĞŽĨΨϵϯϱŬĂŶĚ ƵŶƐƉĞŶƚďƵĚŐĞƚĂŵŽƵŶƚƐŽĨΨϲϲϯŬĂŶĚŽƚŚĞƌĨĂǀŽƵƌĂďůĞǀĂƌŝĂŶĐĞƐŽĨΨϰϬŬ͘ ͻ WƌŽĐĞĞĚƐĨƌŽŵ>ŽĂŶΨϮϰϭŬ͘KŶůLJΨϭ͘ϳϱŬŽĨƚŚĞďƵĚŐĞƚĞĚΨϭ͘ϵϵŬĨŽƌŶĞǁďŽƌƌŽǁŝŶŐƐǁĂƐƚĂŬĞŶŽƵƚĚƵĞƚŽƐŽŵĞ ĨƵŶĚƐďĞŝŶŐŝŶƚĞƌĞƐƚŽŶůLJ͘ ͻ dƌƵƐƚ&ƵŶĚƐΨϯϴŬ͘EĞƚĚĞƉŽƐŝƚƐƌĞĨƵŶĚĞĚĚƵƌŝŶŐϮϬϭϯͲϭϰ͘ 38 x Golden Plains Shire Annual Report 2013-14 Standard Statements Explanation of Variances Standard Statement of Capital Works Ref 10:ŽƵŶĐŝů^ƉĞŶƚΨϵ͘ϰϳŵŽŶĐĂƉŝƚĂůĞdžƉĞŶĚŝƚƵƌĞŝŶϮϬϭϯͲϭϰ͕ΨϭϵϯŬůŽǁĞƌƚŚĂŶďƵĚŐĞƚ͘dŚŝƐǀĂƌŝĂŶĐĞŝƐĚƵĞƚŽ ƚŚĞĨŽůůŽǁŝŶŐ͗ &ĂǀŽƵƌĂďůĞsĂƌŝĂŶĐĞƐ ITEM EXPLANATION $’000 DĞƌĞĚŝƚŚ ĂƌůLJzĞĂƌƐDŝŶŝ,Ƶď To be completed in 2014-15 1,088 ZsWƌŽũĞĐƚʹdŚĞtĞůů džƚĞŶƐŝŽŶ To be completed in 2014-15 400 Meredith Streetscape To be completed in 2014-15 336 ĂŶŶŽĐŬďƵƌŶ ĂƌůLJ>ĞĂƌŶhƉŐƌĂĚĞ To be completed in 2014-15 310 DŽƚŽƌsĞŚŝĐůĞƐĂŶĚWůĂŶƚ Net savings on purchases 296 ,ĂĚĚŽŶZĞĐĞŶƚƌĞhƉŐƌĂĚĞ To be completed in 2014-15 270 ĞƌĞĞůE^WŽŶƐƚƌƵĐƟŽŶ Not commenced 258 Haddon Streetscape To be completed in 2014-15 183 DĂƵĚĞsŝĞǁŝŶŐWůĂƞŽƌŵ To be completed in 2014-15 139 Tourism Masterplan Project did not proceed 130 >ŽĐĂůZŽĂĚ/ŵƉƌŽǀĞŵĞŶƚƐ ZĞĚƵĐĞĚĞdžƉĞŶĚŝƚƵƌĞƌĞƋƵŝƌĞĚ 119 ZĞƐƵƌĨĂĐŝŶŐŽĨdĞŶŶŝƐŽƵƌƚƐ To be completed in 2014-15 65 KƉĞŶ^ƉĂĐĞ/ŵƉůĞŵĞŶƚĂƟŽŶ To be completed in 2014-15 46 ZĞĨƵƌďŝƐŚŵĞŶƚŽĨWůĂLJŐƌŽƵŶĚƐ Program delivered below budget 33 hŶĨĂǀŽƵƌĂďůĞsĂƌŝĂŶĐĞƐ ITEM EXPLANATION $’000 ĞƌĞĞůͲDƚDĞƌĐĞƌZŽĂĚZĞĐŽŶƐƚƌƵĐƟŽŶ EĞǁĨƵŶĚĞĚƉƌŽũĞĐƚ (897) tŽĂĚLJzĂůŽĂŬ ƋƵĞƐƚƌŝĂŶĞŶƚƌĞ 2012-13 project completed in 2013-14 (584) Bannockburn Soccer Pitch 2012-13 project completed in 2013-14 (437) Teesdale Streetscape 2012-13 project completed in 2013-14 (390) ĂŶŶŽĐŬďƵƌŶZĞĐĞŶƚƌĞ^ƚƌĞĞƚ>ŝŐŚƚƐ Not budgeted (209) Bannockburn Skate Park 2012-13 project completed in 2013-14 (203) Milton Street Footpath 2012-13 project completed in 2013-14 (173) ĞƉŽƚ/ŶĨƌĂƐƚƌƵĐƚƵƌĞhƉŐƌĂĚĞ Work required to address depot standards (132) Zs^ŵĂůů,ĂůůƐ 2012-13 project completed in 2013-14 (122) Rokewood Streetscape 2012-13 project completed in 2013-14 (108) Country Roads and Bridges ĚĚŝƟŽŶĂůĐŽƐƚƐŝŶĐƵƌƌĞĚ (63) Bannockburn Cultural Centre 2012-13 project completed in 2013-14 (61) ^ƉŽƌƚƐKǀĂůƐ/ŵƉƌŽǀĞŵĞŶƚƐ hŶďƵĚŐĞƚĞĚǁŽƌŬƐƌĞƋƵŝƌĞĚƚŽďƌŝŶŐ (43) ƐƉŽƌƟŶŐŽǀĂůƐƵƉƚŽƐƵŝƚĂďůĞƐƚĂŶĚĂƌĚ DĞƌĞĚŝƚŚsŝƐŝƚŽƌƐĞŶƚƌĞ&ŝƚKƵƚ WĂƌƚůLJĨƵŶĚĞĚƉƌŽũĞĐƚ͕ŶŽƚďƵĚŐĞƚĞĚ (36) KƚŚĞƌƵŶĨĂǀŽƵƌĂďůĞǀĂƌŝĂŶĐĞƐ (22) Golden Plains Shire Annual Report 2013-14 x39 Standard Statements Notes to the Standard Statements EŽƚĞϭ͗ĂƐŝƐŽĨƉƌĞƉĂƌĂƟŽŶŽĨ^ƚĂŶĚĂƌĚ^ƚĂƚĞŵĞŶƚƐ Council is required to prepare and include audited Standard Statements within its Annual Report. Four Statements are required - Standard Income Statement, Standard Balance Sheet, Standard Cash Flow Statement, and a Standard ^ƚĂƚĞŵĞŶƚŽĨĂƉŝƚĂůtŽƌŬƐ͕ƚŽŐĞƚŚĞƌǁŝƚŚĞdžƉůĂŶĂƚŽƌLJŶŽƚĞƐ͘ dŚĞƐĞƐƚĂƚĞŵĞŶƚƐĂŶĚƐƵƉƉŽƌƟŶŐŶŽƚĞƐĨŽƌŵĂƐƉĞĐŝĂůƉƵƌƉŽƐĞĮŶĂŶĐŝĂůƌĞƉŽƌƚƉƌĞƉĂƌĞĚƚŽŵĞĞƚƚŚĞƌĞƋƵŝƌĞŵĞŶƚƐŽĨ ƚŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚĐƚϭϵϴϵĂŶĚ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚ;&ŝŶĂŶĐĞĂŶĚZĞƉŽƌƟŶŐͿZĞŐƵůĂƟŽŶƐϮϬϬϰ͘ dŚĞ^ƚĂŶĚĂƌĚ^ƚĂƚĞŵĞŶƚƐŚĂǀĞďĞĞŶƉƌĞƉĂƌĞĚŽŶĂĐĐŽƵŶƟŶŐďĂƐĞƐĐŽŶƐŝƐƚĞŶƚǁŝƚŚƚŚŽƐĞƵƐĞĚĨŽƌ'ĞŶĞƌĂůWƵƌƉŽƐĞ Financial Statements and the Budget. The results reported in these statements are consistent with those reported in the General Purpose Financial Statements. dŚĞ^ƚĂŶĚĂƌĚ^ƚĂƚĞŵĞŶƚƐĂƌĞŶŽƚĂƐƵďƐƟƚƵƚĞĨŽƌƚŚĞ'ĞŶĞƌĂůWƵƌƉŽƐĞ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ͘dŚĞLJŚĂǀĞŶŽƚďĞĞŶ ƉƌĞƉĂƌĞĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚĂůůƵƐƚƌĂůŝĂŶĐĐŽƵŶƟŶŐ^ƚĂŶĚĂƌĚƐŽƌŽƚŚĞƌĂƵƚŚŽƌŝƚĂƟǀĞƉƌŽŶŽƵŶĐĞŵĞŶƚƐ͘ dŚĞ^ƚĂŶĚĂƌĚ^ƚĂƚĞŵĞŶƚƐĐŽŵƉĂƌĞŽƵŶĐŝů͛ƐĮŶĂŶĐŝĂůƉůĂŶ͕ĞdžƉƌĞƐƐĞĚƚŚƌŽƵŐŚŝƚƐďƵĚŐĞƚ͕ǁŝƚŚĂĐƚƵĂůƉĞƌĨŽƌŵĂŶĐĞ͘ dŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚĐƚϭϵϴϵƌĞƋƵŝƌĞƐĞdžƉůĂŶĂƟŽŶŽĨĂŶLJŵĂƚĞƌŝĂůǀĂƌŝĂŶĐĞƐ͘ŽƵŶĐŝůŚĂƐĂĚŽƉƚĞĚĂŵĂƚĞƌŝĂůŝƚLJ ƚŚƌĞƐŚŽůĚŽĨƚĞŶƉĞƌĐĞŶƚ͘ džƉůĂŶĂƟŽŶƐŚĂǀĞŶŽƚďĞĞŶƉƌŽǀŝĚĞĚĨŽƌǀĂƌŝĂƟŽŶƐďĞůŽǁƚŚĞŵĂƚĞƌŝĂůŝƚLJƚŚƌĞƐŚŽůĚƵŶůĞƐƐ ƚŚĞǀĂƌŝĂŶĐĞŝƐĐŽŶƐŝĚĞƌĞĚƚŽďĞŵĂƚĞƌŝĂůďĞĐĂƵƐĞŽĨŝƚƐŶĂƚƵƌĞ͘ dŚĞďƵĚŐĞƚĮŐƵƌĞƐŝŶĐůƵĚĞĚŝŶƚŚĞ^ƚĂƚĞŵĞŶƚƐĂƌĞƚŚŽƐĞĂĚŽƉƚĞĚďLJŽƵŶĐŝůŽŶϮϱ:ƵŶĞϮϬϭϯ͘dŚĞďƵĚŐĞƚǁĂƐďĂƐĞĚ ŽŶĂƐƐƵŵƉƟŽŶƐƚŚĂƚǁĞƌĞƌĞůĞǀĂŶƚĂƚƚŚĞƟŵĞŽĨĂĚŽƉƟŽŶŽĨƚŚĞďƵĚŐĞƚ͘ŽƵŶĐŝůƐĞƚŐƵŝĚĞůŝŶĞƐĂŶĚƉĂƌĂŵĞƚĞƌƐĨŽƌ ƌĞǀĞŶƵĞĂŶĚĞdžƉĞŶƐĞƚĂƌŐĞƚƐŝŶƚŚŝƐďƵĚŐĞƚŝŶŽƌĚĞƌƚŽŵĞĞƚŝƚƐďƵƐŝŶĞƐƐƉůĂŶĂŶĚĮŶĂŶĐŝĂůƉĞƌĨŽƌŵĂŶĐĞƚĂƌŐĞƚƐĨŽƌ ďŽƚŚƚŚĞƐŚŽƌƚĂŶĚůŽŶŐƚĞƌŵ͘dŚĞďƵĚŐĞƚĚŝĚŶŽƚƌĞŇĞĐƚĂŶLJĐŚĂŶŐĞƐƚŽĞƋƵŝƚLJƌĞƐƵůƟŶŐĨƌŽŵĂƐƐĞƚƌĞǀĂůƵĂƟŽŶƐ͕ĂƐ their impacts were not considered predictable. ĞƚĂŝůĞĚŝŶĨŽƌŵĂƟŽŶŽŶƚŚĞĂĐƚƵĂůĮŶĂŶĐŝĂůƌĞƐƵůƚƐĂƌĞĐŽŶƚĂŝŶĞĚŝŶƚŚĞ'ĞŶĞƌĂůWƵƌƉŽƐĞ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ͘ dŚĞĚĞƚĂŝůĞĚďƵĚŐĞƚĐĂŶďĞŽďƚĂŝŶĞĚďLJĐŽŶƚĂĐƟŶŐŽƵŶĐŝů͘dŚĞ^ƚĂŶĚĂƌĚ^ƚĂƚĞŵĞŶƚƐŵƵƐƚďĞƌĞĂĚǁŝƚŚƌĞĨĞƌĞŶĐĞƚŽ these documents. 40 x Golden Plains Shire Annual Report 2013-14 Certification of Standard Statements /ŶŵLJŽƉŝŶŝŽŶƚŚĞĂĐĐŽŵƉĂŶLJŝŶŐ^ƚĂŶĚĂƌĚ^ƚĂƚĞŵĞŶƚƐŚĂǀĞďĞĞŶƉƌĞƉĂƌĞĚŽŶĂĐĐŽƵŶƟŶŐďĂƐĞƐĐŽŶƐŝƐƚĞŶƚǁŝƚŚƚŚĞĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐĂŶĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚĐƚϭϵϴϵĂŶĚƚŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚ;&ŝŶĂŶĐĞĂŶĚZĞƉŽƌƟŶŐͿ ZĞŐƵůĂƟŽŶϮϬϬϰ͘ Jason Clissold B.Bus. CPA WƌŝŶĐŝƉĂůĐĐŽƵŶƟŶŐKĸĐĞƌ /ŶŽƵƌŽƉŝŶŝŽŶ͕ƚŚĞĂĐĐŽŵƉĂŶLJŝŶŐ^ƚĂŶĚĂƌĚ^ƚĂƚĞŵĞŶƚƐŚĂǀĞďĞĞŶƉƌĞƉĂƌĞĚŽŶĂĐĐŽƵŶƟŶŐďĂƐĞƐĐŽŶƐŝƐƚĞŶƚǁŝƚŚƚŚĞ ĮŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐĂŶĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚĐƚϭϵϴϵĂŶĚƚŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚ;&ŝŶĂŶĐĞĂŶĚ ZĞƉŽƌƟŶŐͿZĞŐƵůĂƟŽŶƐϮϬϬϰ͘ ƐĂƚƚŚĞĚĂƚĞŽĨƐŝŐŶŝŶŐ͕ǁĞĂƌĞŶŽƚĂǁĂƌĞŽĨĂŶLJĐŝƌĐƵŵƐƚĂŶĐĞƐǁŚŝĐŚǁŽƵůĚƌĞŶĚĞƌĂŶLJƉĂƌƟĐƵůĂƌƐŝŶƚŚĞ^ƚĂŶĚĂƌĚ Statements to be misleading or inaccurate. tĞŚĂǀĞďĞĞŶĂƵƚŚŽƌŝƐĞĚďLJƚŚĞ'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞŽƵŶĐŝůƚŽĐĞƌƟĨLJƚŚĞ^ƚĂŶĚĂƌĚ^ƚĂƚĞŵĞŶƚƐŝŶƚŚĞŝƌĮŶĂůĨŽƌŵ͘ ^ŝŐŶĞĚĂƚĂŶŶŽĐŬďƵƌŶƚŚŝƐϵƚŚĚĂLJŽĨ^ĞƉƚĞŵďĞƌϮϬϭϰ͘ Councillor Jenny Blake Mayor Councillor Des Phelan DĞŵďĞƌƵĚŝƚΘZŝƐŬŽŵŵŝƩĞĞ Rod Nicholls ŚŝĞĨ džĞĐƵƟǀĞKĸĐĞƌ 1994 2014 )LQDQFLDO5HSRUW 42 x Golden Plains Shire Annual Report 2013-14 Contents Page Comprehensive Income Statement 43 Balance Sheet 44 Statement of Changes in Equity 45 Statement of Cash Flows 46 Notes to the Financial Statements 47 /ŶƚƌŽĚƵĐƟŽŶ ϰϳ EŽƚĞϭ͗ ^ŝŐŶŝĮĐĂŶƚĐĐŽƵŶƟŶŐWŽůŝĐŝĞƐ ϰϳ EŽƚĞϮ͗ WĞŶĚŝŶŐĐĐŽƵŶƟŶŐ^ƚĂŶĚĂƌĚƐ ϱϮ EŽƚĞϯ͗ &ƵŶĐƟŽŶƐͬĐƟǀŝƟĞƐŽĨƚŚĞŽƵŶĐŝů ϱϯ EŽƚĞϰ͗ /ŶĐŽŵĞĂŶĚ džƉĞŶĚŝƚƵƌĞďLJ<ĞLJZĞƐƵůƚƌĞĂ ϱϰ Note 5: Reserves 55 EŽƚĞϲ͗ ZĞĐŽŶĐŝůŝĂƟŽŶŽĨ^ƵƌƉůƵƐƚŽEĞƚĂƐŚ/ŶŇŽǁĨƌŽŵKƉĞƌĂƟŽŶƐ ϱϱ Note 7: Rates and Charges 56 Note 8: Grants 57 EŽƚĞϵ͗ ŽŶƚƌŝďƵƟŽŶƐĂŶĚZĞĐŽƵƉŵĞŶƚƐ ϲϬ EŽƚĞϭϬ͗ hƐĞƌ&ĞĞƐĂŶĚŚĂƌŐĞƐ ϲϭ Note 11: Statutory Fees and Fines 61 EŽƚĞϭϮ͗ KƚŚĞƌ/ŶĐŽŵĞ ϲϭ Note 13: Net Gain on Disposals 62 EŽƚĞϭϰ͗ /ŶǀĞƐƚŵĞŶƚŝŶƐƐŽĐŝĂƚĞ ϲϮ Note 15: Materials and Services 63 EŽƚĞϭϲ͗ ŵƉůŽLJĞĞĞŶĞĮƚƐ ϲϯ EŽƚĞϭϳ͗ ĞƉƌĞĐŝĂƟŽŶ ϲϰ EŽƚĞϭϴ͗ KƚŚĞƌ džƉĞŶƐĞƐ ϲϰ Note 19: Bad Debts 64 EŽƚĞϮϬ͗ ĂƐŚĂŶĚĂƐŚ ƋƵŝǀĂůĞŶƚƐ ϲϰ EŽƚĞϮϭ͗ KƚŚĞƌ&ŝŶĂŶĐŝĂůƐƐĞƚƐ ϲϰ EŽƚĞϮϮ͗ dƌĂĚĞĂŶĚKƚŚĞƌZĞĐĞŝǀĂďůĞƐ ϲϱ Note 23: Inventory - Consumables 65 EŽƚĞϮϰ͗ EŽŶͲƵƌƌĞŶƚƐƐĞƚƐůĂƐƐŝĮĞĚĂƐ,ĞůĚĨŽƌ^ĂůĞ ϲϱ EŽƚĞϮϱ͗ dƌĂĚĞĂŶĚKƚŚĞƌWĂLJĂďůĞƐ ϲϱ Note 26: Interest-Bearing Loans and Borrowings 65 EŽƚĞϮϳ͗ WƌŽǀŝƐŝŽŶƐ ϲϲ Note 28: Trust Funds and Deposits 67 EŽƚĞϮϵ͗ WƌŽƉĞƌƚLJ͕/ŶĨƌĂƐƚƌƵĐƚƵƌĞ͕WůĂŶƚĂŶĚ ƋƵŝƉŵĞŶƚ ϲϳ EŽƚĞϯϬ͗ DŽǀĞŵĞŶƚƐŝŶWƌŽƉĞƌƚLJ͕/ŶĨƌĂƐƚƌƵĐƚƵƌĞ͕WůĂŶƚĂŶĚ ƋƵŝƉŵĞŶƚ ϳϯ EŽƚĞϯϭ͗ ^ƵƉĞƌĂŶŶƵĂƟŽŶ ϳϰ EŽƚĞϯϮ͗ ŽŶƟŶŐĞŶƚ>ŝĂďŝůŝƟĞƐĂŶĚŽŶƟŶŐĞŶƚƐƐĞƚƐ ϳϲ Note 33: Commitments 77 EŽƚĞϯϰ͗ &ŝŶĂŶĐŝĂůZĂƟŽƐ;WĞƌĨŽƌŵĂŶĐĞ/ŶĚŝĐĂƚŽƌƐͿ ϳϴ Note 35: Financial Instruments 79 EŽƚĞϯϲ͗ ZĞůĂƚĞĚWĂƌƚLJŝƐĐůŽƐƵƌĞƐ ϴϰ EŽƚĞϯϳ͗ ǀĞŶƚƐKĐĐƵƌƌŝŶŐŌĞƌĂůĂŶĐĞĂƚĞ ϴϰ ĞƌƟĮĐĂƟŽŶŽĨƚŚĞ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ ϴϱ /ŶĚĞƉĞŶĚĞŶƚƵĚŝƚŽƌ͛ƐZĞƉŽƌƚͲ&ŝŶĂŶĐŝĂůZĞƉŽƌƚĂŶĚ^ƚĂŶĚĂƌĚ^ƚĂƚĞŵĞŶƚƐ ϴϲ WĞƌĨŽƌŵĂŶĐĞ^ƚĂƚĞŵĞŶƚ ϴϴ ŽƵŶĐŝůƉƉƌŽǀĂůŽĨƚŚĞWĞƌĨŽƌŵĂŶĐĞ^ƚĂƚĞŵĞŶƚ ϵϬ /ŶĚĞƉĞŶĚĞŶƚƵĚŝƚŽƌ͛ƐZĞƉŽƌƚͲWĞƌĨŽƌŵĂŶĐĞ^ƚĂƚĞŵĞŶƚ ϵϭ Golden Plains Shire Annual Report 2013-14 x43 Comprehensive Income Statement For the year ended 30 June 2014 2014 2013 $’000 $’000 INCOME NOTE Rates and Charges 7 ϭϲ͕ϳϭϲ ϭϱ͕ϰϮϮ Grants - Recurrent 8 ϲ͕ϭϰϴ ϴ͕ϱϭϯ Grants - Non-Recurrent 8 ϱ͕Ϭϯϯ ϱ͕ϮϮϬ ŽŶƚƌŝďƵƟŽŶƐĂŶĚZĞĐŽƵƉŵĞŶƚƐ 9 ϰ͕ϰϵϵ ϱ͕ϬϬϳ hƐĞƌ&ĞĞƐĂŶĚŚĂƌŐĞƐ ϭϬ Ϯ͕Ϯϵϵ Ϯ͕ϬϬϳ Statutory Fees and Fines 11 257 248 KƚŚĞƌ/ŶĐŽŵĞ 12 778 ϭ͕ϰϱϳ Net Gain on Disposals 13 215 369 ^ŚĂƌĞŽĨEĞƚWƌŽĮƚŽĨƐƐŽĐŝĂƚĞƐĐĐŽƵŶƚĞĚĨŽƌďLJƚŚĞ ƋƵŝƚLJDĞƚŚŽĚ 14 7 121 Total Income 35,952 38,364 EXPENSES Materials and Services 15 ϭϭ͕ϳϮϵ ϵ͕ϵϭϱ ŵƉůŽLJĞĞĞŶĞĮƚƐ 16 ϭϰ͕Ϭϵϭ ϭϮ͕ϱϵϲ ĞƉƌĞĐŝĂƟŽŶ 17 ϰ͕ϴϯϬ ϰ͕ϳϯϱ Finance Costs ϯϬϯ 278 KƚŚĞƌ džƉĞŶƐĞƐ 18 244 232 Bad Debts 19 5 2 Total Expenses 31,202 27,758 Surplus for the year 4,750 10,606 Other Comprehensive Income EĞƚƐƐĞƚZĞǀĂůƵĂƟŽŶ/ŶĐƌĞŵĞŶƚ ϱΘϯϬ ϭϵϳ͕ϱϰϱ - TOTAL COMPREHENSIVE RESULT 202,295 10,606 dŚĞĂďŽǀĞĐŽŵƉƌĞŚĞŶƐŝǀĞŝŶĐŽŵĞƐƚĂƚĞŵĞŶƚƐŚŽƵůĚďĞƌĞĂĚŝŶĐŽŶũƵŶĐƟŽŶǁŝƚŚƚŚĞĂĐĐŽŵƉĂŶLJŝŶŐŶŽƚĞƐ͘ 44 x Golden Plains Shire Annual Report 2013-14 Balance Sheet As at 30 June 2014 2014 2013 $’000 $’000 CURRENT ASSETS NOTE Cash and Cash Equivalents ϮϬ ϯ͕ϵϯϰ ϵ͕ϯϱϮ KƚŚĞƌ&ŝŶĂŶĐŝĂůƐƐĞƚƐ 21 ϲ͕ϬϬϬ - dƌĂĚĞĂŶĚKƚŚĞƌZĞĐĞŝǀĂďůĞƐ 22 ϯ͕ϭϭϮ ϯ͕ϯϰϯ Inventory - Consumables 23 22 21 EŽŶͲƵƌƌĞŶƚƐƐĞƚƐůĂƐƐŝĮĞĚĂƐ,ĞůĚ&Žƌ^ĂůĞ 24 322 357 KƚŚĞƌƵƌƌĞŶƚƐƐĞƚƐ 42 28 Total Current Assets 13,432 13,101 NON-CURRENT ASSETS WƌŽƉĞƌƚLJ͕/ŶĨƌĂƐƚƌƵĐƚƵƌĞ͕WůĂŶƚĂŶĚ ƋƵŝƉŵĞŶƚ 29 ϰϬϵ͕Ϭϰϱ ϮϬϰ͕ϳϲϯ /ŶǀĞƐƚŵĞŶƚŝŶƐƐŽĐŝĂƚĞ 14 ϴϯϬ 887 Total Non-Current Assets 409,875 205,650 TOTAL ASSETS 423,307 218,751 CURRENT LIABILITIES dƌĂĚĞĂŶĚKƚŚĞƌWĂLJĂďůĞƐ 25 ϭ͕ϳϲϰ ϭ͕Ϯϲϰ Interest-Bearing Loans and Borrowings 26 433 ϱϬϴ WƌŽǀŝƐŝŽŶƐ 27 Ϯ͕ϲϬϵ Ϯ͕ϮϬϮ Trust Funds and Deposits 28 133 171 dŽƚĂůƵƌƌĞŶƚ>ŝĂďŝůŝƟĞƐ 4,939 4,145 NON-CURRENT LIABILITIES Interest-Bearing Loans and Borrowings 26 ϱ͕ϵϰϮ ϰ͕ϱϮϲ WƌŽǀŝƐŝŽŶƐ 27 556 ϱϬϱ dŽƚĂůEŽŶͲƵƌƌĞŶƚ>ŝĂďŝůŝƟĞƐ 6,498 5,031 TOTAL LIABILITIES 11,437 9,176 NET ASSETS 411,870 209,575 EQUITY Reserves 5 Ϯϱϯ͕ϲϴϬ ϱϲ͕ϲϰϯ ĐĐƵŵƵůĂƚĞĚ^ƵƌƉůƵƐ ϭϱϴ͕ϭϵϬ ϭϱϮ͕ϵϯϮ TOTAL EQUITY 411,870 209,575 dŚĞĂďŽǀĞďĂůĂŶĐĞƐŚĞĞƚƐŚŽƵůĚďĞƌĞĂĚŝŶĐŽŶũƵŶĐƟŽŶǁŝƚŚƚŚĞĂĐĐŽŵƉĂŶLJŝŶŐŶŽƚĞƐ͘ Golden Plains Shire Annual Report 2013-14 x45 Statement of Changes in Equity For the year ended 30 June 2014 ASSET ACCUMULATED REVALUATION OTHER TOTAL SURPLUS RESERVE RESERVES EQUITY 2014 NOTE $’000 $’000 $’000 $’000 Balance at the Beginning of the Year ϭϱϮ͕ϵϯϮ ϰϵ͕ϲϭϰ ϳ͕ϬϮϵ ϮϬϵ͕ϱϳϱ Comprehensive Result 4 ϰ͕ϳϱϬ - - ϰ͕ϳϱϬ dƌĂŶƐĨĞƌƐƚŽKƚŚĞƌZĞƐĞƌǀĞƐ 5 ϱϬϴ ϭϵϳ͕ϱϰϱ ;ϱϬϴͿ ϭϵϳ͕ϱϰϱ Balance at the End of the Year 158,190 247,159 6,521 411,870 ASSET ACCUMULATED REVALUATION OTHER TOTAL SURPLUS RESERVE RESERVES EQUITY 2013 NOTE $’000 $’000 $’000 $’000 Balance at the Beginning of the Year ϭϰϱ͕ϳϮϳ ϰϵ͕ϲϭϰ ϯ͕ϲϮϴ ϭϵϴ͕ϵϲϵ Comprehensive Result 4 ϭϬ͕ϲϬϲ - - ϭϬ͕ϲϬϲ dƌĂŶƐĨĞƌƐƚŽKƚŚĞƌZĞƐĞƌǀĞƐ ;ϯ͕ϰϬϭͿ - ϯ͕ϰϬϭ - Balance at the End of the Year ϭϱϮ͕ϵϯϮ ϰϵ͕ϲϭϰ ϳ͕ϬϮϵ ϮϬϵ͕ϱϳϱ dŚĞĂďŽǀĞƐƚĂƚĞŵĞŶƚŽĨĐŚĂŶŐĞƐŝŶĞƋƵŝƚLJƐŚŽƵůĚďĞƌĞĂĚŝŶĐŽŶũƵŶĐƟŽŶǁŝƚŚƚŚĞĂĐĐŽŵƉĂŶLJŝŶŐŶŽƚĞƐ͘ 46 x Golden Plains Shire Annual Report 2013-14 Statement of Cash Flows For the year ended 30 June 2014 2014 2013 NOTE $’000 $’000 CASH FLOWS FROM OPERATING ACTIVITIES (Inclusive of GST where applicable) Receipts from Ratepayers ϭϲ͕ϳϱϵ ϭϱ͕ϮϮϵ Grants ϭϭ͕ϴϱϲ ϭϯ͕ϴϴϱ Interest Received 411 433 Fees and Charges Ϯ͕ϱϵϲ Ϯ͕ϯϬϱ ŽŶƚƌŝďƵƟŽŶƐĂŶĚZĞĐŽƵƉŵĞŶƚƐ ϭ͕ϳϴϰ ϭ͕ϳϱϯ WĂLJŵĞŶƚƐƚŽ ŵƉůŽLJĞĞƐ ;ϭϯ͕ϱϰϮͿ ;ϭϰ͕ϰϭϲͿ WĂLJŵĞŶƚƐƚŽ^ƵƉƉůŝĞƌƐ ;ϭϮ͕ϴϳϰͿ ;ϭϬ͕ϵϳϭͿ Net GST Refunded ϳϯϬ ϰϬϯ EĞƚĂƐŚWƌŽǀŝĚĞĚďLJKƉĞƌĂƟŶŐĐƟǀŝƟĞƐ 6 7,720 8,621 CASH FLOWS FROM INVESTING ACTIVITIES (Net of GST) WĂLJŵĞŶƚĨŽƌ>ĂŶĚĂŶĚƵŝůĚŝŶŐƐ ;ϭ͕ϭϭϮͿ ;ϭ͕ϬϱϭͿ WĂLJŵĞŶƚĨŽƌ/ŶĨƌĂƐƚƌƵĐƚƵƌĞƐƐĞƚƐ ;ϰ͕ϵϯϭͿ ;ϰ͕ϯϱϬͿ WĂLJŵĞŶƚĨŽƌWůĂŶƚĂŶĚDĂĐŚŝŶĞƌLJ ;ϭ͕ϱϬϯͿ ;ϭ͕ϳϳϴͿ WĂLJŵĞŶƚĨŽƌ&ƵƌŶŝƚƵƌĞĂŶĚ ƋƵŝƉŵĞŶƚ ;ϮϲϱͿ ;ϰϯϲͿ WĂLJŵĞŶƚĨŽƌKƚŚĞƌ^ƚƌƵĐƚƵƌĞƐ ;ϭ͕ϱϵϱͿ ;ϳϯϳͿ WƌŽĐĞĞĚƐĨƌŽŵ^ĂůĞŽĨ>ĂŶĚ ϭϲϬ 719 WƌŽĐĞĞĚƐĨƌŽŵ^ĂůĞŽĨƐƐĞƚƐ ϭ͕Ϭϳϴ 844 KƚŚĞƌ&ŝŶĂŶĐŝĂůƐƐĞƚƐ ;ϲ͕ϬϬϬͿ ϭ͕ϱϬϬ Trust Funds ;ϯϴͿ ;ϮϰϬͿ EĞƚĂƐŚhƐĞĚŝŶ/ŶǀĞƐƟŶŐĐƟǀŝƟĞƐ (14,206) (5,529) CASH FLOWS FROM FINANCING ACTIVITIES Repayment of Interest-Bearing Loans and Borrowings ;ϰϬϲͿ ;ϱϱϳͿ WƌŽĐĞĞĚƐĨƌŽŵŽƌƌŽǁŝŶŐƐ ϭ͕ϳϰϵ ϭϱϬ Finance Costs ;ϮϳϱͿ ;ϮϴϱͿ EĞƚĂƐŚhƐĞĚŝŶ&ŝŶĂŶĐŝŶŐĐƟǀŝƟĞƐ 1,068 (692) Net Increase/(Decrease) in Cash and Cash Equivalents (5,418) 2,400 Cash and Cash Equivalents at the Beginning of the Year ϵ͕ϯϱϮ ϲ͕ϵϱϮ Cash and Cash Equivalents at the End of the Year 20 3,934 9,352 dŚĞĂďŽǀĞƐƚĂƚĞŵĞŶƚŽĨĐĂƐŚŇŽǁƐƐŚŽƵůĚďĞƌĞĂĚŝŶĐŽŶũƵŶĐƟŽŶǁŝƚŚƚŚĞĂĐĐŽŵƉĂŶLJŝŶŐŶŽƚĞƐ͘ Golden Plains Shire Annual Report 2013-14 x47 Notes to the Financial Statements For the Year Ended 30 June 2014 Introduction ůůĨƵŶĚƐƚŚƌŽƵŐŚǁŚŝĐŚ'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞŽƵŶĐŝů ĐŽŶƚƌŽůƐƌĞƐŽƵƌĐĞƐƚŽĐĂƌƌLJŽŶŝƚƐĨƵŶĐƟŽŶƐŚĂǀĞďĞĞŶ 'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞŽƵŶĐŝůǁĂƐĞƐƚĂďůŝƐŚĞĚďLJĂŶKƌĚĞƌ ŝŶĐůƵĚĞĚŝŶƚŚŝƐĮŶĂŶĐŝĂůƌĞƉŽƌƚ͘/ŶƚŚĞƉƌŽĐĞƐƐŽĨ of the Governor in Council on 6 May 1994 and is a body ƌĞƉŽƌƟŶŐŽŶƚŚĞŽƵŶĐŝůĂƐĂƐŝŶŐůĞƵŶŝƚ͕ĂůůƚƌĂŶƐĂĐƟŽŶƐ ĐŽƌƉŽƌĂƚĞ͘dŚĞŽƵŶĐŝů͛ƐŵĂŝŶŽĸĐĞŝƐůŽĐĂƚĞĚĂƚϮWŽƉĞ ĂŶĚďĂůĂŶĐĞƐďĞƚǁĞĞŶƚŚĞƐĞĨƵŶĚƐ;ĨŽƌĞdžĂŵƉůĞ͕ ^ƚƌĞĞƚ͕ĂŶŶŽĐŬďƵƌŶ͘ ƚƌĂŶƐĨĞƌƐďĞƚǁĞĞŶĨƵŶĚƐͿŚĂǀĞďĞĞŶĞůŝŵŝŶĂƚĞĚ͘ The purpose of the Council is to: hŶůĞƐƐŽƚŚĞƌǁŝƐĞƐƚĂƚĞĚ͕ĂůůĂĐĐŽƵŶƟŶŐƉŽůŝĐŝĞƐĂƌĞ ͲƉƌŽǀŝĚĞĨŽƌƚŚĞƉĞĂĐĞ͕ŽƌĚĞƌĂŶĚŐŽŽĚŐŽǀĞƌŶŵĞŶƚŽĨŝƚƐ ĐŽŶƐŝƐƚĞŶƚǁŝƚŚƚŚŽƐĞĂƉƉůŝĞĚŝŶƚŚĞƉƌŝŽƌLJĞĂƌ͘tŚĞƌĞ municipal district; ĂƉƉƌŽƉƌŝĂƚĞ͕ĐŽŵƉĂƌĂƟǀĞĮŐƵƌĞƐŚĂǀĞďĞĞŶĂŵĞŶĚĞĚ ͲƚŽƉƌŽŵŽƚĞƚŚĞƐŽĐŝĂů͕ĞĐŽŶŽŵŝĐĂŶĚĞŶǀŝƌŽŶŵĞŶƚĂů ƚŽĂĐĐŽƌĚǁŝƚŚĐƵƌƌĞŶƚƉƌĞƐĞŶƚĂƟŽŶ͕ĂŶĚĚŝƐĐůŽƐƵƌĞŚĂƐ viability and sustainability of the municipal district; ďĞĞŶŵĂĚĞŽĨĂŶLJŵĂƚĞƌŝĂůĐŚĂŶŐĞƐƚŽĐŽŵƉĂƌĂƟǀĞƐ͘ ͲƚŽĞŶƐƵƌĞƚŚĂƚƌĞƐŽƵƌĐĞƐĂƌĞƵƐĞĚĞĸĐŝĞŶƚůLJĂŶĚ ;ďͿŚĂŶŐĞŝŶĐĐŽƵŶƟŶŐWŽůŝĐLJ ĞīĞĐƟǀĞůLJĂŶĚƐĞƌǀŝĐĞƐĂƌĞƉƌŽǀŝĚĞĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚ AASB 13 Fair Value Measurement the ŽƵŶĐŝůŚĂƐĂƉƉůŝĞĚ^ϭϯĨŽƌƚŚĞĮƌƐƚƟŵĞŝŶƚŚĞ ĞƐƚsĂůƵĞWƌŝŶĐŝƉůĞƐƚŽďĞƐƚŵĞĞƚƚŚĞŶĞĞĚƐŽĨƚŚĞůŽĐĂů ĐƵƌƌĞŶƚLJĞĂƌ͘^ϭϯĞƐƚĂďůŝƐŚĞƐĂƐŝŶŐůĞƐŽƵƌĐĞŽĨ community; ŐƵŝĚĂŶĐĞĨŽƌĨĂŝƌǀĂůƵĞŵĞĂƐƵƌĞŵĞŶƚƐ͘dŚĞĨĂŝƌǀĂůƵĞ - to improve the overall quality of life of people in the local ŵĞĂƐƵƌĞŵĞŶƚƌĞƋƵŝƌĞŵĞŶƚƐŽĨ^ϭϯĂƉƉůLJƚŽďŽƚŚ community; ĮŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚŝƚĞŵƐĂŶĚŶŽŶͲĮŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚ ŝƚĞŵƐĨŽƌǁŚŝĐŚŽƚŚĞƌͲ/&Z^ƌĞƋƵŝƌĞŽƌƉĞƌŵŝƚĨĂŝƌ - to promote appropriate business and employment value measurements and disclosures about fair value ŽƉƉŽƌƚƵŶŝƟĞƐ͖ ŵĞĂƐƵƌĞŵĞŶƚƐ͕ĞdžĐĞƉƚĨŽƌƐŚĂƌĞͲďĂƐĞĚƉĂLJŵĞŶƚ ͲƚŽĞŶƐƵƌĞƚŚĂƚƐĞƌǀŝĐĞƐĂŶĚĨĂĐŝůŝƟĞƐƉƌŽǀŝĚĞĚďLJƚŚĞ ƚƌĂŶƐĂĐƟŽŶƐƚŚĂƚĂƌĞǁŝƚŚŝŶƚŚĞƐĐŽƉĞŽĨ^Ϯ^ŚĂƌĞͲ Council are accessible and equitable; ďĂƐĞĚWĂLJŵĞŶƚ͕ůĞĂƐŝŶŐƚƌĂŶƐĂĐƟŽŶƐƚŚĂƚĂƌĞǁŝƚŚŝŶ ͲƚŽĞŶƐƵƌĞƚŚĞĞƋƵŝƚĂďůĞŝŵƉŽƐŝƟŽŶŽĨƌĂƚĞƐĂŶĚĐŚĂƌŐĞƐ͖ ƚŚĞƐĐŽƉĞŽĨ^ϭϳ>ĞĂƐĞƐ͕ĂŶĚŵĞĂƐƵƌĞŵĞŶƚƐƚŚĂƚ and ŚĂǀĞƐŽŵĞƐŝŵŝůĂƌŝƟĞƐƚŽĨĂŝƌǀĂůƵĞďƵƚŶŽƚĨĂŝƌǀĂůƵĞ - to ensure transparency and accountability in Council ;Ğ͘Ő͘ŶĞƚƌĞĂůŝƐĂďůĞǀĂůƵĞĨŽƌƚŚĞƉƵƌƉŽƐĞƐŽĨŵĞĂƐƵƌŝŶŐ ĚĞĐŝƐŝŽŶŵĂŬŝŶŐ͘ inventories or value in use for impairment assessment ƉƵƌƉŽƐĞƐͿ͘ External Auditor Auditor-General Victoria ^ϭϯĚĞĮŶĞƐĨĂŝƌǀĂůƵĞĂƐƚŚĞƉƌŝĐĞƚŚĂƚǁŽƵůĚďĞ Internal Auditor Crowe Horwath received to sell an asset or paid to transfer a liability Solicitors Harwood Andrews ŝŶĂŶŽƌĚĞƌůLJƚƌĂŶƐĂĐƟŽŶŝŶƚŚĞƉƌŝŶĐŝƉĂů;ŽƌŵŽƐƚ Bankers Bendigo Bank and ĂĚǀĂŶƚĂŐĞŽƵƐͿŵĂƌŬĞƚĂƚƚŚĞŵĞĂƐƵƌĞŵĞŶƚĚĂƚĞƵŶĚĞƌ Australia and New Zealand Banking Group ĐƵƌƌĞŶƚŵĂƌŬĞƚĐŽŶĚŝƟŽŶƐ͘&ĂŝƌǀĂůƵĞƵŶĚĞƌ^ϭϯŝƐ Website Address www.goldenplains.vic.gov.au an exit price regardless of whether that price is directly ŽďƐĞƌǀĂďůĞŽƌĞƐƟŵĂƚĞĚƵƐŝŶŐĂŶŽƚŚĞƌǀĂůƵĂƟŽŶ ƚĞĐŚŶŝƋƵĞ͘ůƐŽ͕^ϭϯŝŶĐůƵĚĞƐĞdžƚĞŶƐŝǀĞĚŝƐĐůŽƐƵƌĞ Note 1: Significant Accounting Policies ƌĞƋƵŝƌĞŵĞŶƚƐ͘ ;ĂͿ ĂƐŝƐŽĨĐĐŽƵŶƟŶŐ ^ϭϯƌĞƋƵŝƌĞƐƉƌŽƐƉĞĐƟǀĞĂƉƉůŝĐĂƟŽŶĨƌŽŵϭ:ĂŶƵĂƌLJ dŚŝƐĮŶĂŶĐŝĂůƌĞƉŽƌƚŝƐĂŐĞŶĞƌĂůƉƵƌƉŽƐĞĮŶĂŶĐŝĂůƌĞƉŽƌƚ ϮϬϭϯ͘/ŶĂĚĚŝƟŽŶ͕ƐƉĞĐŝĮĐƚƌĂŶƐŝƟŽŶĂůƉƌŽǀŝƐŝŽŶƐǁĞƌĞ ƚŚĂƚĐŽŶƐŝƐƚƐŽĨĂŽŵƉƌĞŚĞŶƐŝǀĞ/ŶĐŽŵĞ^ƚĂƚĞŵĞŶƚ͕ ŐŝǀĞŶƚŽĞŶƟƟĞƐƐƵĐŚƚŚĂƚƚŚĞLJŶĞĞĚŶŽƚĂƉƉůLJƚŚĞ ĂůĂŶĐĞ^ŚĞĞƚ͕^ƚĂƚĞŵĞŶƚŽĨŚĂŶŐĞƐŝŶ ƋƵŝƚLJ͕ disclosure requirements set out in the Standard in Statement of Cash Flows and notes accompanying these ĐŽŵƉĂƌĂƟǀĞŝŶĨŽƌŵĂƟŽŶƉƌŽǀŝĚĞĚĨŽƌƉĞƌŝŽĚƐďĞĨŽƌĞ ĮŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘dŚĞŐĞŶĞƌĂůƉƵƌƉŽƐĞĮŶĂŶĐŝĂů ƚŚĞŝŶŝƟĂůĂƉƉůŝĐĂƟŽŶŽĨƚŚĞ^ƚĂŶĚĂƌĚ͘/ŶĂĐĐŽƌĚĂŶĐĞ ƌĞƉŽƌƚĐŽŵƉůŝĞƐǁŝƚŚƵƐƚƌĂůŝĂŶĐĐŽƵŶƟŶŐ^ƚĂŶĚĂƌĚƐ͕ ǁŝƚŚƚŚĞƐĞƚƌĂŶƐŝƟŽŶĂůƉƌŽǀŝƐŝŽŶƐ͕ŽƵŶĐŝůŚĂƐŶŽƚŵĂĚĞ ŽƚŚĞƌĂƵƚŚŽƌŝƚĂƟǀĞƉƌŽŶŽƵŶĐĞŵĞŶƚƐŽĨƚŚĞƵƐƚƌĂůŝĂŶ ĂŶLJŶĞǁĚŝƐĐůŽƐƵƌĞƐƌĞƋƵŝƌĞĚďLJ^ϭϯĨŽƌƚŚĞϮϬϭϯ ĐĐŽƵŶƟŶŐ^ƚĂŶĚĂƌĚƐŽĂƌĚ͕ƚŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚĐƚ ĐŽŵƉĂƌĂƟǀĞƉĞƌŝŽĚ;ƉůĞĂƐĞƐĞĞŶŽƚĞϮϵĚŝƐĐůŽƐƵƌĞƐͿ͘ ϭϵϴϵ͕ĂŶĚƚŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚ;&ŝŶĂŶĐĞĂŶĚZĞƉŽƌƟŶŐͿ KƚŚĞƌƚŚĂŶƚŚĞĂĚĚŝƟŽŶĂůĚŝƐĐůŽƐƵƌĞƐ͕ƚŚĞĂƉƉůŝĐĂƟŽŶŽĨ ZĞŐƵůĂƟŽŶƐϮϬϬϰ͘ ^ϭϯŚĂƐŶŽƚŚĂĚĂŶLJŵĂƚĞƌŝĂůŝŵƉĂĐƚŽŶƚŚĞĂŵŽƵŶƚƐ dŚŝƐĮŶĂŶĐŝĂůƌĞƉŽƌƚŚĂƐďĞĞŶƉƌĞƉĂƌĞĚŽŶĂŶĂĐĐƌƵĂůĂŶĚ ƌĞĐŽŐŶŝƐĞĚŝŶƚŚĞĮŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘ ŐŽŝŶŐĐŽŶĐĞƌŶďĂƐŝƐ͘dŚĞĮŶĂŶĐŝĂůƌĞƉŽƌƚŚĂƐĂůƐŽďĞĞŶ ůůĂƐƐĞƚƐĂŶĚůŝĂďŝůŝƟĞƐĨŽƌǁŚŝĐŚĨĂŝƌǀĂůƵĞŝƐŵĞĂƐƵƌĞĚ ƉƌĞƉĂƌĞĚƵŶĚĞƌƚŚĞŚŝƐƚŽƌŝĐĂůĐŽƐƚĐŽŶǀĞŶƟŽŶ͕ĞdžĐĞƉƚ ŽƌĚŝƐĐůŽƐĞĚŝŶƚŚĞĮŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐĂƌĞĐĂƚĞŐŽƌŝƐĞĚ ǁŚĞƌĞƐƉĞĐŝĮĐĂůůLJƐƚĂƚĞĚŝŶŶŽƚĞƐϭ;ĚͿ͕ϭ;ŚͿ͕ϭ;ŬͿĂŶĚϭ;ƉͿ͘ ǁŝƚŚŝŶƚŚĞĨĂŝƌǀĂůƵĞŚŝĞƌĂƌĐŚLJ͕ĚĞƐĐƌŝďĞĚĂƐĨŽůůŽǁƐ͕ 48 x Golden Plains Shire Annual Report 2013-14 ďĂƐĞĚŽŶƚŚĞůŽǁĞƐƚůĞǀĞůŝŶƉƵƚƚŚĂƚŝƐƐŝŐŶŝĮĐĂŶƚƚŽƚŚĞ ĐŽŶƚƌŝďƵƟŽŶƐŽǀĞƌǁŚŝĐŚƚŚĞŽƵŶĐŝůŚĂƐĐŽŶƚƌŽůĂƌĞ fair value measurement as a whole: ƌĞĐŽŐŶŝƐĞĚĂƐƌĞĐĞŝǀĂďůĞƐ͘ >ĞǀĞůϭͶYƵŽƚĞĚ;ƵŶĂĚũƵƐƚĞĚͿŵĂƌŬĞƚƉƌŝĐĞƐŝŶĂĐƟǀĞ Control over granted assets is normally obtained upon ŵĂƌŬĞƚƐĨŽƌŝĚĞŶƟĐĂůĂƐƐĞƚƐŽƌůŝĂďŝůŝƟĞƐ ƚŚĞŝƌƌĞĐĞŝƉƚ;ŽƌĂĐƋƵŝƩĂůͿŽƌƵƉŽŶƉƌŝŽƌŶŽƟĮĐĂƟŽŶƚŚĂƚ >ĞǀĞůϮͶsĂůƵĂƟŽŶƚĞĐŚŶŝƋƵĞƐĨŽƌǁŚŝĐŚƚŚĞůŽǁĞƐƚůĞǀĞů ĂŐƌĂŶƚŚĂƐďĞĞŶƐĞĐƵƌĞĚ͕ĂŶĚĂƌĞǀĂůƵĞĚĂƚƚŚĞŝƌĨĂŝƌ ŝŶƉƵƚƚŚĂƚŝƐƐŝŐŶŝĮĐĂŶƚƚŽƚŚĞĨĂŝƌǀĂůƵĞŵĞĂƐƵƌĞŵĞŶƚŝƐ ǀĂůƵĞĂƚƚŚĞĚĂƚĞŽĨƚƌĂŶƐĨĞƌ͘ directly or indirectly observable; and Income is recognised when Council obtains control of >ĞǀĞůϯͶsĂůƵĂƟŽŶƚĞĐŚŶŝƋƵĞƐĨŽƌǁŚŝĐŚƚŚĞůŽǁĞƐƚůĞǀĞů ƚŚĞĐŽŶƚƌŝďƵƟŽŶŽƌƚŚĞƌŝŐŚƚƚŽƌĞĐĞŝǀĞƚŚĞĐŽŶƚƌŝďƵƟŽŶ͕ ŝŶƉƵƚƚŚĂƚŝƐƐŝŐŶŝĮĐĂŶƚƚŽƚŚĞĨĂŝƌǀĂůƵĞŵĞĂƐƵƌĞŵĞŶƚŝƐ ŝƚŝƐƉƌŽďĂďůĞƚŚĂƚƚŚĞĞĐŽŶŽŵŝĐďĞŶĞĮƚƐĐŽŵƉƌŝƐŝŶŐƚŚĞ ƵŶŽďƐĞƌǀĂďůĞ͘ ĐŽŶƚƌŝďƵƟŽŶǁŝůůŇŽǁƚŽƚŚĞŽƵŶĐŝůĂŶĚƚŚĞĂŵŽƵŶƚŽĨ ƚŚĞĐŽŶƚƌŝďƵƟŽŶĐĂŶďĞŵĞĂƐƵƌĞĚƌĞůŝĂďůLJ͘ &ŽƌƚŚĞƉƵƌƉŽƐĞŽĨĨĂŝƌǀĂůƵĞĚŝƐĐůŽƐƵƌĞƐ͕ŽƵŶĐŝůŚĂƐ ĚĞƚĞƌŵŝŶĞĚĐůĂƐƐĞƐŽĨĂƐƐĞƚƐĂŶĚůŝĂďŝůŝƟĞƐŽŶƚŚĞďĂƐŝƐ tŚĞƌĞŐƌĂŶƚƐŽƌĐŽŶƚƌŝďƵƟŽŶƐƌĞĐŽŐŶŝƐĞĚĂƐƌĞǀĞŶƵĞƐ ŽĨƚŚĞŶĂƚƵƌĞ͕ĐŚĂƌĂĐƚĞƌŝƐƟĐƐĂŶĚƌŝƐŬƐŽĨƚŚĞĂƐƐĞƚ ĚƵƌŝŶŐƚŚĞĮŶĂŶĐŝĂůLJĞĂƌǁĞƌĞŽďƚĂŝŶĞĚŽŶĐŽŶĚŝƟŽŶ or liability and the level of the fair value hierarchy as ƚŚĂƚƚŚĞLJďĞĞdžƉĞŶĚĞĚŝŶĂƉĂƌƟĐƵůĂƌŵĂŶŶĞƌŽƌƵƐĞĚ ĞdžƉůĂŝŶĞĚĂďŽǀĞ͘ ŽǀĞƌĂƉĂƌƟĐƵůĂƌƉĞƌŝŽĚĂŶĚƚŚŽƐĞĐŽŶĚŝƟŽŶƐǁĞƌĞ ƵŶĚŝƐĐŚĂƌŐĞĚĂƚďĂůĂŶĐĞĚĂƚĞ͕ƚŚĞƵŶƵƐĞĚŐƌĂŶƚŽƌ /ŶĂĚĚŝƟŽŶ͕ŽƵŶĐŝůĚĞƚĞƌŵŝŶĞƐǁŚĞƚŚĞƌƚƌĂŶƐĨĞƌƐŚĂǀĞ ĐŽŶƚƌŝďƵƟŽŶŝƐĚŝƐĐůŽƐĞĚŝŶŶŽƚĞϴ͘dŚĞŶŽƚĞĂůƐŽ occurred between levels in the hierarchy by re-assessing ĚŝƐĐůŽƐĞƐƚŚĞĂŵŽƵŶƚŽĨƵŶƵƐĞĚŐƌĂŶƚŽƌĐŽŶƚƌŝďƵƟŽŶ ĐĂƚĞŐŽƌŝƐĂƟŽŶ;ďĂƐĞĚŽŶƚŚĞůŽǁĞƐƚůĞǀĞůŝŶƉƵƚƚŚĂƚŝƐ ĨƌŽŵƉƌŝŽƌLJĞĂƌƐƚŚĂƚǁĂƐĞdžƉĞŶĚĞĚŽŶŽƵŶĐŝů͛Ɛ ƐŝŐŶŝĮĐĂŶƚƚŽƚŚĞĨĂŝƌǀĂůƵĞŵĞĂƐƵƌĞŵĞŶƚĂƐĂǁŚŽůĞͿĂƚ ŽƉĞƌĂƟŽŶƐĚƵƌŝŶŐƚŚĞĐƵƌƌĞŶƚLJĞĂƌ͘ ƚŚĞĞŶĚŽĨĞĂĐŚƌĞƉŽƌƟŶŐƉĞƌŝŽĚ͘ ůŝĂďŝůŝƚLJŝƐƌĞĐŽŐŶŝƐĞĚŝŶƌĞƐƉĞĐƚŽĨƌĞǀĞŶƵĞƚŚĂƚŝƐ ^ϭϭϵ ŵƉůŽLJĞĞĞŶĞĮƚƐ reciprocal in nature to the extent that the requisite /ŶƚŚĞĐƵƌƌĞŶƚLJĞĂƌ͕ŽƵŶĐŝůŚĂƐĂƉƉůŝĞĚ^ϭϭϵ ƐĞƌǀŝĐĞŚĂƐŶŽƚďĞĞŶƉƌŽǀŝĚĞĚĂƚďĂůĂŶĐĞĚĂƚĞ͘ ŵƉůŽLJĞĞĞŶĞĮƚƐ;ĂƐƌĞǀŝƐĞĚŝŶϮϬϭϭͿĂŶĚƚŚĞƌĞůĂƚĞĚ Proceeds from Sale of Assets ĐŽŶƐĞƋƵĞŶƟĂůĂŵĞŶĚŵĞŶƚƐĨŽƌƚŚĞĮƌƐƚƟŵĞ͘^ ϭϭϵĐŚĂŶŐĞƐƚŚĞĚĞĮŶŝƟŽŶŽĨƐŚŽƌƚͲƚĞƌŵĞŵƉůŽLJĞĞ WƌŽĐĞĞĚƐĨƌŽŵƚŚĞƐĂůĞŽĨĂƐƐĞƚƐĂƌĞƌĞĐŽŐŶŝƐĞĚĂƐ ďĞŶĞĮƚƐ͘dŚĞƐĞǁĞƌĞƉƌĞǀŝŽƵƐůLJďĞŶĞĮƚƐƚŚĂƚǁĞƌĞ revenues when the Council has passed control of the ĚƵĞƚŽďĞƐĞƩůĞĚǁŝƚŚŝŶƚǁĞůǀĞŵŽŶƚŚƐĂŌĞƌƚŚĞĞŶĚ ĂƐƐĞƚƐƚŽƚŚĞƉƵƌĐŚĂƐĞƌƐ͘ ŽĨƚŚĞƌĞƉŽƌƟŶŐƉĞƌŝŽĚŝŶǁŚŝĐŚƚŚĞĞŵƉůŽLJĞĞƐƌĞŶĚĞƌ User Fees and Fines ƚŚĞƌĞůĂƚĞĚƐĞƌǀŝĐĞ͕ŚŽǁĞǀĞƌ͕ƐŚŽƌƚͲƚĞƌŵĞŵƉůŽLJĞĞ hƐĞƌĨĞĞƐĂŶĚĮŶĞƐ;ŝŶĐůƵĚŝŶŐƉĂƌŬŝŶŐĮŶĞƐͿĂƌĞ ďĞŶĞĮƚƐĂƌĞŶŽǁĚĞĮŶĞĚĂƐďĞŶĞĮƚƐĞdžƉĞĐƚĞĚƚŽďĞ recognised as revenue when the service has been ƐĞƩůĞĚǁŚŽůůLJďĞĨŽƌĞƚǁĞůǀĞŵŽŶƚŚƐĂŌĞƌƚŚĞĞŶĚŽĨ ƉƌŽǀŝĚĞĚ͕ƚŚĞƉĂLJŵĞŶƚŝƐƌĞĐĞŝǀĞĚ͕ŽƌǁŚĞŶƚŚĞƉĞŶĂůƚLJ ƚŚĞƌĞƉŽƌƟŶŐƉĞƌŝŽĚŝŶǁŚŝĐŚƚŚĞĞŵƉůŽLJĞĞƐƌĞŶĚĞƌ ŚĂƐďĞĞŶĂƉƉůŝĞĚ͕ǁŚŝĐŚĞǀĞƌŽĐĐƵƌƐĮƌƐƚ͘ƉƌŽǀŝƐŝŽŶĨŽƌ ƚŚĞƌĞůĂƚĞĚƐĞƌǀŝĐĞ͘ƐĂƌĞƐƵůƚ͕ĂĐĐƌƵĞĚĂŶŶƵĂůůĞĂǀĞ ĚŽƵďƞƵůĚĞďƚƐŝƐƌĞĐŽŐŶŝƐĞĚǁŚĞŶĐŽůůĞĐƟŽŶŝŶĨƵůůŝƐŶŽ ďĂůĂŶĐĞƐǁŚŝĐŚǁĞƌĞƉƌĞǀŝŽƵƐůLJĐůĂƐƐŝĮĞĚďLJŽƵŶĐŝů ůŽŶŐĞƌƉƌŽďĂďůĞ͘ ĂƐƐŚŽƌƚͲƚĞƌŵďĞŶĞĮƚƐŶŽůŽŶŐĞƌŵĞĞƚƚŚŝƐĚĞĮŶŝƟŽŶ Interest and Rentals ĂŶĚĂƌĞŶŽǁĐůĂƐƐŝĮĞĚĂƐůŽŶŐͲƚĞƌŵďĞŶĞĮƚƐ͘dŚŝƐŚĂƐ ƌĞƐƵůƚĞĚŝŶĂĐŚĂŶŐĞŽĨŵĞĂƐƵƌĞŵĞŶƚĨŽƌƚŚĂƚƉŽƌƟŽŶ Interest and rentals are recognised as revenue on a of annual leave provision from an undiscounted to ƉƌŽƉŽƌƟŽŶĂůďĂƐŝƐǁŚĞŶƚŚĞƉĂLJŵĞŶƚŝƐĚƵĞ͕ƚŚĞǀĂůƵĞ discounted basis ŽĨƚŚĞƉĂLJŵĞŶƚŝƐŶŽƟĮĞĚ͕ŽƌƚŚĞƉĂLJŵĞŶƚŝƐƌĞĐĞŝǀĞĚ͕ ǁŚŝĐŚĞǀĞƌŽĐĐƵƌƐĮƌƐƚ͘ dŚŝƐĐŚĂŶŐĞŝŶĐůĂƐƐŝĮĐĂƟŽŶŚĂƐŶŽƚŵĂƚĞƌŝĂůůLJĂůƚĞƌĞĚ ŽƵŶĐŝůƐŵĞĂƐƵƌĞŵĞŶƚŽĨƚŚĞĂŶŶƵĂůůĞĂǀĞƉƌŽǀŝƐŝŽŶ͘ (d) Inventories ;ĐͿ ZĞǀĞŶƵĞZĞĐŽŐŶŝƟŽŶ /ŶǀĞŶƚŽƌŝĞƐŽĨƐƚŽĐŬĂŶĚŵĂƚĞƌŝĂůƐŚĞůĚĨŽƌƵƐĞďLJƚŚĞ ŽƵŶĐŝůĂƌĞŵĞĂƐƵƌĞĚĂƚĐŽƐƚ͕ĂĚũƵƐƚĞĚǁŚĞŶĂƉƉůŝĐĂďůĞ Rates ĨŽƌĂŶLJůŽƐƐŽĨƐĞƌǀŝĐĞƉŽƚĞŶƟĂů͘ Rates revenue is recognised at the commencement of ;ĞͿ ĞƉƌĞĐŝĂƟŽŶŽĨWƌŽƉĞƌƚLJ͕/ŶĨƌĂƐƚƌƵĐƚƵƌĞ͕WůĂŶƚĂŶĚ ƚŚĞƌĂƟŶŐƉĞƌŝŽĚŽƌ͕ǁŚĞƌĞĞĂƌůŝĞƌ͕ƵƉŽŶƌĞĐĞŝƉƚŽĨƚŚĞ Equipment ƌĂƚĞƐ͘/ƚĚŽĞƐŶŽƚŝŶĐůƵĚĞŝŶƚĞƌĞƐƚůĞǀŝĞĚŽŶŽƵƚƐƚĂŶĚŝŶŐ ƌĂƚĞƐĂŶĚůĂƚĞƉĂLJŵĞŶƚŽĨƌĂƚĞƐ͘hŶĐŽůůĞĐƚĞĚƌĂƚĞƐ ƵŝůĚŝŶŐƐ͕ŝŶĨƌĂƐƚƌƵĐƚƵƌĞ͕ƉůĂŶƚĂŶĚĞƋƵŝƉŵĞŶƚĂŶĚŽƚŚĞƌ ĂƌĞƌĞĐŽŐŶŝƐĞĚĂƐƌĞĐĞŝǀĂďůĞƐŝŶƚŚĞĂůĂŶĐĞ^ŚĞĞƚ͘ ĂƐƐĞƚƐŚĂǀŝŶŐůŝŵŝƚĞĚƵƐĞĨƵůůŝǀĞƐĂƌĞƐLJƐƚĞŵĂƟĐĂůůLJ EŽƉƌŽǀŝƐŝŽŶĨŽƌĚŽƵďƞƵůĚĞďƚƐŽŶƌĂƚĞƐŚĂƐďĞĞŶ depreciated over their useful lives to the Council in established as unpaid rates represent a charge against ĂŵĂŶŶĞƌǁŚŝĐŚƌĞŇĞĐƚƐĐŽŶƐƵŵƉƟŽŶŽĨƚŚĞƐĞƌǀŝĐĞ the rateable property that will be recovered when the ƉŽƚĞŶƟĂůĞŵďŽĚŝĞĚŝŶƚŚŽƐĞĂƐƐĞƚƐ͘ ƐƟŵĂƚĞƐŽĨ ƉƌŽƉĞƌƚLJŝƐŶĞdžƚƐŽůĚ͘ remaining useful lives and residual values are made on a regular basis with major asset classes re-assessed 'ƌĂŶƚƐĂŶĚŽŶƚƌŝďƵƟŽŶƐ ĂŶŶƵĂůůLJ͘ĞƉƌĞĐŝĂƟŽŶƌĂƚĞƐĂŶĚŵĞƚŚŽĚƐĂƌĞƌĞǀŝĞǁĞĚ 'ƌĂŶƚƐĂŶĚĐŽŶƚƌŝďƵƟŽŶƐĂƌĞƌĞĐŽŐŶŝƐĞĚĂƐƌĞǀĞŶƵĞƐ ĂŶŶƵĂůůLJ͘ when the Council obtains control over the assets tŚĞƌĞĂƐƐĞƚƐŚĂǀĞƐĞƉĂƌĂƚĞŝĚĞŶƟĮĂďůĞĐŽŵƉŽŶĞŶƚƐ ĐŽŵƉƌŝƐŝŶŐƚŚĞƐĞƌĞĐĞŝƉƚƐ͘hŶƌĞĐĞŝǀĞĚŐƌĂŶƚƐĂŶĚ that are subject to regular replacement these Golden Plains Shire Annual Report 2013-14 x49 ĐŽŵƉŽŶĞŶƚƐĂƌĞĂƐƐŝŐŶĞĚĚŝƐƟŶĐƚƵƐĞĨƵůůŝǀĞƐĂŶĚ ƌĞƐŝĚƵĂůǀĂůƵĞƐ͘ŽƵŶĐŝůƌĞĐŽŐŶŝƐĞƐƌĞƐŝĚƵĂůǀĂůƵĞƐĨŽƌ ƌĞƐŝĚƵĂůǀĂůƵĞƐĂŶĚĂƐĞƉĂƌĂƚĞĚĞƉƌĞĐŝĂƟŽŶƌĂƚĞŝƐ ƉůĂŶƚĂŶĚŵĂĐŚŝŶĞƌLJ͕ƐĞĂůĞĚƉĂǀĞŵĞŶƚƐĂŶĚƵŶƐĞĂůĞĚ ĚĞƚĞƌŵŝŶĞĚĨŽƌĞĂĐŚĐŽŵƉŽŶĞŶƚ͘ ƉĂǀĞŵĞŶƚƐ͘ dŚĞĨŽůůŽǁŝŶŐĞƐƟŵĂƚĞƐŽĨƵƐĞĨƵůůŝǀĞƐƌĞůĂƚĞƚŽƚŚĞ ^ĞĂůĞĚƉĂǀĞŵĞŶƚƐĐĂƌƌLJĂƌĞƐŝĚƵĂůǀĂůƵĞŽĨϰϮй͘dŚĞƐĞ ƚŽƚĂůůŝǀĞƐŽĨƚŚĞĂƐƐĞƚƐŝƌƌĞƐƉĞĐƟǀĞŽĨƚŚĞŝƌĞĐŽŶŽŵŝĐŽƌ ĂƐƐĞƚƐŚĂǀĞĂŶĞƐƟŵĂƚĞĚĐŽŵŵĞƌĐŝĂůůŝĨĞƚŽŽƵŶĐŝůŽĨ ĐŽŵŵĞƌĐŝĂůůŝǀĞƐƚŽƚŚĞŽƵŶĐŝů͘ŶŶƵĂůĚĞƉƌĞĐŝĂƟŽŶŝƐ ϵϬLJĞĂƌƐ͕ĂŌĞƌǁŚŝĐŚŝŶƚĞƌǀĞŶƟŽŶŝƐƌĞƋƵŝƌĞĚĨŽƌƚŚĞŝƌ ĐĂůĐƵůĂƚĞĚŽŶĂƐƚƌĂŝŐŚƚͲůŝŶĞďĂƐŝƐďLJĚŝǀŝĚŝŶŐƚŚĞĂƐƐĞƚƐ͛ ƌĞŶĞǁĂů͘^ŝŵŝůĂƌůLJ͕ƵŶƐĞĂůĞĚƉĂǀĞŵĞŶƚƐŚĂǀĞĂƌĞƐŝĚƵĂů ĚĞƉƌĞĐŝĂďůĞĂŵŽƵŶƚďLJƚŚĞƉĞƌŝŽĚŽĨƟŵĞŽǀĞƌǁŚŝĐŚ ǀĂůƵĞŽĨϰϬйĂŶĚŝŶƚĞƌǀĞŶƟŽŶŝƐƌĞƋƵŝƌĞĚĂŌĞƌϮϱLJĞĂƌƐ͘ ƚŚĞĂƐƐĞƚƐĂƌĞĞdžƉĞĐƚĞĚƚŽƉƌŽǀŝĚĞĞĐŽŶŽŵŝĐďĞŶĞĮƚƐƚŽ /ŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚŽƵŶĐŝů͛ƐƉŽůŝĐLJ͕ƚŚĞĨŽůůŽǁŝŶŐ ƚŚĞŽƵŶĐŝů͘dŚĞĚĞƉƌĞĐŝĂďůĞĂŵŽƵŶƚƚĂŬĞƐŝŶƚŽĂĐĐŽƵŶƚ threshold limits and useful lives have been applied: ZĞĐŽŐŶŝƟŽŶ Threshold Asset Component $ Useful Lives 2014 Useful Lives 2013 Building ϱ͕ϬϬϬ ϯϬƚŽϭϱϬLJĞĂƌƐ ϯϬƚŽϭϱϬLJĞĂƌƐ Furniture & Equipment ϭ͕ϬϬϬ ϯƚŽϮϬLJĞĂƌƐ ϯƚŽϮϬLJĞĂƌƐ WůĂŶƚΘDĂĐŚŝŶĞƌLJ ϭ͕ϬϬϬ ϯƚŽϮϬLJĞĂƌƐ ϯƚŽϮϬLJĞĂƌƐ hŶƐĞĂůĞĚ&ŽƌŵĂƟŽŶƐ --- ^ĞĂůĞĚ&ŽƌŵĂƟŽŶƐ --- Footpaths ϱ͕ϬϬϬ 85 years 74 years ^ĞĂůĞĚWĂǀĞŵĞŶƚƐ ϱ͕ϬϬϬ ϵϬLJĞĂƌƐ ϵϬLJĞĂƌƐ hŶƐĞĂůĞĚWĂǀĞŵĞŶƚƐ ϱ͕ϬϬϬ 25 years 25 years Sealed Surfaces ϱ͕ϬϬϬ 19 years 19 years Bridges & Major Culverts ϱ͕ϬϬϬ ϵϬLJĞĂƌƐ ϵϬLJĞĂƌƐ hŶĚĞƌŐƌŽƵŶĚƌĂŝŶĂŐĞ ϱ͕ϬϬϬ ϱϬLJĞĂƌƐ ϱϬLJĞĂƌƐ Kerb & Channel ϱ͕ϬϬϬ ϵϬLJĞĂƌƐ ϵϬLJĞĂƌƐ KƚŚĞƌ^ƚƌƵĐƚƵƌĞƐ ϱ͕ϬϬϬ ϯϬƚŽϲϬLJĞĂƌƐ ϯϬƚŽϲϬLJĞĂƌƐ (f) Repairs and Maintenance ďĞƚǁĞĞŶŵĂƌŬĞƚƉĂƌƟĐŝƉĂŶƚƐĂƚƚŚĞŵĞĂƐƵƌĞŵĞŶƚ ZŽƵƟŶĞŵĂŝŶƚĞŶĂŶĐĞƌĞƉĂŝƌĐŽƐƚƐĂŶĚŵŝŶŽƌƌĞŶĞǁĂů ĚĂƚĞ͘tŚĞƌĞĂƐƐĞƚƐĂƌĞĐŽŶƐƚƌƵĐƚĞĚďLJŽƵŶĐŝů͕ĐŽƐƚ ĐŽƐƚƐĂƌĞĞdžƉĞŶƐĞĚĂƐŝŶĐƵƌƌĞĚ͘tŚĞƌĞƚŚĞƌĞƉĂŝƌƌĞůĂƚĞƐ ŝŶĐůƵĚĞƐĂůůŵĂƚĞƌŝĂůƐƵƐĞĚŝŶĐŽŶƐƚƌƵĐƟŽŶ͕ĚŝƌĞĐƚůĂďŽƵƌ͕ to the replacement of a component of an asset and the ďŽƌƌŽǁŝŶŐĐŽƐƚƐŝŶĐƵƌƌĞĚĚƵƌŝŶŐĐŽŶƐƚƌƵĐƟŽŶ͕ĂŶĚĂŶ ĐŽƐƚĞdžĐĞĞĚƐƚŚĞĐĂƉŝƚĂůŝƐĂƟŽŶƚŚƌĞƐŚŽůĚ͕ƚŚĞĐŽƐƚŝƐ ĂƉƉƌŽƉƌŝĂƚĞƐŚĂƌĞŽĨĮdžĞĚĂŶĚǀĂƌŝĂďůĞŽǀĞƌŚĞĂĚƐ͘ ĐĂƉŝƚĂůŝƐĞĚĂŶĚĚĞƉƌĞĐŝĂƚĞĚ͘dŚĞĐĂƌƌLJŝŶŐǀĂůƵĞŽĨƚŚĞ ZĞǀĂůƵĂƟŽŶŽĨEŽŶƵƌƌĞŶƚƐƐĞƚƐ ƌĞƉůĂĐĞĚĂƐƐĞƚŝƐĞdžƉĞŶƐĞĚ͘ ^ƵďƐĞƋƵĞŶƚƚŽƚŚĞŝŶŝƟĂůƌĞĐŽŐŶŝƟŽŶŽĨĂƐƐĞƚƐ͕ŶŽŶͲ ;ŐͿ&ŝŶĂŶĐĞŽƐƚƐ current physical assets other than plant and machinery Finance costs are recognised as an expense in the and furniture and equipment are measured at their ƉĞƌŝŽĚŝŶǁŚŝĐŚƚŚĞLJĂƌĞŝŶĐƵƌƌĞĚ͕ĞdžĐĞƉƚǁŚĞƌĞƚŚĞLJ ĨĂŝƌǀĂůƵĞ͕ďĞŝŶŐƚŚĞƉƌŝĐĞƚŚĂƚǁŽƵůĚďĞƌĞĐĞŝǀĞĚ are capitalised as part of a qualifying asset constructed to sell an asset or paid to transfer a liability in an ďLJŽƵŶĐŝů͘ džĐĞƉƚǁŚĞƌĞƐƉĞĐŝĮĐďŽƌƌŽǁŝŶŐƐĂƌĞ ŽƌĚĞƌůLJƚƌĂŶƐĂĐƟŽŶďĞƚǁĞĞŶŵĂƌŬĞƚƉĂƌƟĐŝƉĂŶƚƐ ŽďƚĂŝŶĞĚĨŽƌƚŚĞƉƵƌƉŽƐĞŽĨƐƉĞĐŝĮĐĂƐƐĞƚĂĐƋƵŝƐŝƟŽŶ͕ƚŚĞ ĂƚƚŚĞŵĞĂƐƵƌĞŵĞŶƚĚĂƚĞ͘ƚďĂůĂŶĐĞĚĂƚĞ͕ŽƵŶĐŝů weighted average interest rate applicable to borrowings reviewed the carrying value of the individual classes ĂƚďĂůĂŶĐĞĚĂƚĞ͕ĞdžĐůƵĚŝŶŐďŽƌƌŽǁŝŶŐƐĂƐƐŽĐŝĂƚĞĚǁŝƚŚ of assets measured at fair value to ensure that each ƐƵƉĞƌĂŶŶƵĂƟŽŶ͕ŝƐƵƐĞĚƚŽĚĞƚĞƌŵŝŶĞƚŚĞĮŶĂŶĐĞĐŽƐƚƐ ĂƐƐĞƚŵĂƚĞƌŝĂůůLJĂƉƉƌŽdžŝŵĂƚĞĚŝƚƐĨĂŝƌǀĂůƵĞ͘tŚĞƌĞƚŚĞ ƚŽďĞĐĂƉŝƚĂůŝƐĞĚ͘&ŝŶĂŶĐĞĐŽƐƚƐŽŶůLJŝŶĐůƵĚĞŝŶƚĞƌĞƐƚŽŶ ĐĂƌƌLJŝŶŐǀĂůƵĞŵĂƚĞƌŝĂůůLJĚŝīĞƌĞĚĨƌŽŵƚŚĞĨĂŝƌǀĂůƵĞĂƚ ďŽƌƌŽǁŝŶŐƐ͘ ďĂůĂŶĐĞĚĂƚĞƚŚĞĐůĂƐƐŽĨĂƐƐĞƚǁĂƐƌĞǀĂůƵĞĚ͘ ;ŚͿZĞĐŽŐŶŝƟŽŶĂŶĚDĞĂƐƵƌĞŵĞŶƚŽĨƐƐĞƚƐ &ĂŝƌǀĂůƵĞǀĂůƵĂƟŽŶƐĂƌĞĚĞƚĞƌŵŝŶĞĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚ ĂǀĂůƵĂƟŽŶŚŝĞƌĂƌĐŚLJ͘ŚĂŶŐĞƐƚŽƚŚĞǀĂůƵĂƟŽŶŚŝĞƌĂƌĐŚLJ dŚĞƉƵƌĐŚĂƐĞŵĞƚŚŽĚŽĨĂĐĐŽƵŶƟŶŐŝƐƵƐĞĚĨŽƌĂůů ǁŝůůŽŶůLJŽĐĐƵƌŝĨĂŶĞdžƚĞƌŶĂůĐŚĂŶŐĞŝŶƚŚĞƌĞƐƚƌŝĐƟŽŶƐ ĂĐƋƵŝƐŝƟŽŶƐŽĨĂƐƐĞƚƐ͕ďĞŝŶŐƚŚĞĨĂŝƌǀĂůƵĞŽĨƚŚĞĂƐƐĞƚƐ ŽƌůŝŵŝƚĂƟŽŶƐŽĨƵƐĞŽŶĂŶĂƐƐĞƚƌĞƐƵůƚŝŶĐŚĂŶŐĞƐƚŽƚŚĞ ƉƌŽǀŝĚĞĚĂƐĐŽŶƐŝĚĞƌĂƟŽŶĂƚƚŚĞĚĂƚĞŽĨĂĐƋƵŝƐŝƟŽŶƉůƵƐ ƉĞƌŵŝƐƐŝďůĞŽƌƉƌĂĐƟĐĂůŚŝŐŚĞƐƚĂŶĚďĞƐƚƵƐĞŽĨƚŚĞĂƐƐĞƚ͘ ĂŶLJŝŶĐŝĚĞŶƚĂůĐŽƐƚƐĂƩƌŝďƵƚĂďůĞƚŽƚŚĞĂĐƋƵŝƐŝƟŽŶ͘&Ăŝƌ Value is the price that would be received to sell an asset /ŶĂĚĚŝƟŽŶ͕ŽƵŶĐŝůƵŶĚĞƌƚĂŬĞƐĂĨŽƌŵĂůƌĞǀĂůƵĂƟŽŶ ŽƌƉĂŝĚƚŽƚƌĂŶƐĨĞƌĂůŝĂďŝůŝƚLJŝŶĂŶŽƌĚĞƌůLJƚƌĂŶƐĂĐƟŽŶ ŽĨůĂŶĚ͕ďƵŝůĚŝŶŐƐ͕ĂŶĚŝŶĨƌĂƐƚƌƵĐƚƵƌĞĂƐƐĞƚƐŽŶĂ ϱϬ x Golden Plains Shire Annual Report 2013-14 ƌĞŐƵůĂƌďĂƐŝƐƌĂŶŐŝŶŐĨƌŽŵϰƚŽϱLJĞĂƌƐ͘dŚĞǀĂůƵĂƟŽŶ ŝƐŝŶŝƟĂůůLJƌĞĐŽƌĚĞĚĂƚƚŚĞĐŽƐƚŽĨĂĐƋƵŝƐŝƟŽŶĂŶĚ ŝƐƉĞƌĨŽƌŵĞĚĞŝƚŚĞƌďLJĞdžƉĞƌŝĞŶĐĞĚĐŽƵŶĐŝůŽĸĐĞƌƐŽƌ ĂĚũƵƐƚĞĚƚŚĞƌĞĂŌĞƌĨŽƌƉŽƐƚͲĂĐƋƵŝƐŝƟŽŶĐŚĂŶŐĞƐŝŶƚŚĞ ŝŶĚĞƉĞŶĚĞŶƚĞdžƉĞƌƚƐ͘ ŽƵŶĐŝů͛ƐƐŚĂƌĞŽĨƚŚĞŶĞƚĂƐƐĞƚƐŽĨƚŚĞĞŶƟƚLJ͘ŽƵŶĐŝů͛Ɛ ƵƌŝŶŐƚŚĞLJĞĂƌŽƵŶĐŝůƵŶĚĞƌƚŽŽŬĂƌĞǀĂůƵĂƟŽŶŽĨ ƐŚĂƌĞŽĨƚŚĞĮŶĂŶĐŝĂůƌĞƐƵůƚŽĨƚŚĞĞŶƟƚLJŝƐƌĞĐŽŐŶŝƐĞĚŝŶ /ŶĨƌĂƐƚƌƵĐƚƵƌĞĂƐƐĞƚƐ͕ƌĞƐƵůƟŶŐŝŶĂŶŝŶĐƌĞĂƐĞŽĨΨϭϴϭ ƚŚĞŽŵƉƌĞŚĞŶƐŝǀĞ/ŶĐŽŵĞ^ƚĂƚĞŵĞŶƚ͘ ŵŝůůŝŽŶŝŶƚŚĞĐĂƚĞŐŽƌŝĞƐŽĨ^ĞĂůĞĚWĂǀĞŵĞŶƚƐ͕hŶƐĞĂůĞĚ (l) Tender Deposits WĂǀĞŵĞŶƚƐ͕^ĞĂůĞĚ&ŽƌŵĂƟŽŶƐĂŶĚhŶƐĞĂůĞĚ&ŽƌŵĂƟŽŶ͘ ŵŽƵŶƚƐƌĞĐĞŝǀĞĚĂƐƚĞŶĚĞƌĚĞƉŽƐŝƚƐĂŶĚƌĞƚĞŶƟŽŶ ŽƵŶĐŝů͛ƐŝŶĨƌĂƐƚƌƵĐƚƵƌĞǁĂƐůĂƐƚƌĞǀĂůƵĞĚŝŶϮϬϬϵ͕ŝŶ amounts controlled by Council are recognised as trust ĂĐĐŽƌĚĂŶĐĞǁŝƚŚŽƵŶĐŝůƉŽůŝĐLJ͘dŚĞǀĂůƵĂƟŽŶǁĂƐďĂƐĞĚ ĨƵŶĚƐƵŶƟůƚŚĞLJĂƌĞƌĞƚƵƌŶĞĚŽƌĨŽƌĨĞŝƚĞĚ;ƌĞĨĞƌƚŽŶŽƚĞ ŽŶĂĐĐĞƉƚĂďůĞƵŶŝƚƌĂƚĞƐĂƚƚŚĞƟŵĞ͕ĂŶĚŽŶŽƵŶĐŝů͛Ɛ ϮϴͿ͘ ŵĞƚŚŽĚŽůŽŐLJŽĨĐŽƐƟŶŐĂŶĚĚĞůŝǀĞƌŝŶŐŝŶĨƌĂƐƚƌƵĐƚƵƌĞ (m) Financial Assets ƉƌŽũĞĐƚƐ͘dŚĞĂĚŽƉƚĞĚƵŶŝƚƌĂƚĞƐǁĞƌĞůŽǁĞƌƚŚĂŶƚŚĞ &ŝŶĂŶĐŝĂůĂƐƐĞƚƐĂƌĞǀĂůƵĞĚĂƚĨĂŝƌǀĂůƵĞ͕ďĞŝŶŐŵĂƌŬĞƚ ŝŶĚƵƐƚƌLJĂǀĞƌĂŐĞĚƵĞƚŽƚŚĞƵƐĞŽĨŝŶƚĞƌŶĂůůĂďŽƵƌ͕ ǀĂůƵĞ͕ĂƚďĂůĂŶĐĞĚĂƚĞ͘ŶLJƵŶƌĞĂůŝƐĞĚŐĂŝŶƐĂŶĚůŽƐƐĞƐ Council sourced materials and project management on holdings at balance date are recognised as either a ŵĞƚŚŽĚƐ͘ ƌĞǀĞŶƵĞŽƌĞdžƉĞŶƐĞ͘ The cost of delivering infrastructure projects has ;ŶͿ ŵƉůŽLJĞĞĞŶĞĮƚƐ ŝŶĐƌĞĂƐĞĚƐŝŐŶŝĮĐĂŶƚůLJƐŝŶĐĞϮϬϬϵĂŶĚŽƵŶĐŝůŚĂƐ ƌĞǀŝĞǁĞĚŝƚƐƉƌŽũĞĐƚŵĂŶĂŐĞŵĞŶƚƉƌĂĐƟĐĞƐĂŶĚĐŽƐƟŶŐ dŚĞĐĂůĐƵůĂƟŽŶŽĨĞŵƉůŽLJĞĞďĞŶĞĮƚƐŝŶĐůƵĚĞƐĂůůƌĞůĞǀĂŶƚ methodology in order to meet improved regulatory ŽŶͲĐŽƐƚƐĂŶĚĂƌĞĐĂůĐƵůĂƚĞĚĂƐĨŽůůŽǁƐĂƚƌĞƉŽƌƟŶŐĚĂƚĞ͘ ƌĞƋƵŝƌĞŵĞŶƚƐ͘ Wages and salaries, and annual leave The revised unit rates are higher and have been >ŝĂďŝůŝƟĞƐĨŽƌǁĂŐĞƐĂŶĚƐĂůĂƌŝĞƐ͕ŝŶĐůƵĚŝŶŐŶŽŶͲŵŽŶĞƚĂƌLJ ŝŶĚĞƉĞŶĚĞŶƚůLJƌĞǀŝĞǁĞĚďLJDƌWĞƚĞƌDŽůŽŶĞLJD/ ;ƵƐƚͿ ďĞŶĞĮƚƐ͕ĂŶŶƵĂůůĞĂǀĞĂŶĚĂĐĐƵŵƵůĂƚĞĚƐŝĐŬůĞĂǀĞ ĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ;ƌĞĨĞƌEŽƚĞϮϵͿ͘ ĞdžƉĞĐƚĞĚƚŽďĞǁŚŽůůLJƐĞƩůĞĚǁŝƚŚŝŶϭϮŵŽŶƚŚƐŽĨ tŚĞƌĞƚŚĞĂƐƐĞƚƐĂƌĞƌĞǀĂůƵĞĚƚŚĞƌĞǀĂůƵĂƟŽŶ ƚŚĞƌĞƉŽƌƟŶŐĚĂƚĞĂƌĞƌĞĐŽŐŶŝƐĞĚŝŶƚŚĞƉƌŽǀŝƐŝŽŶĨŽƌ ŝŶĐƌĞŵĞŶƚƐĂƌĞĐƌĞĚŝƚĞĚĚŝƌĞĐƚůLJƚŽƚŚĞĂƐƐĞƚƌĞǀĂůƵĂƟŽŶ ĞŵƉůŽLJĞĞďĞŶĞĮƚƐŝŶƌĞƐƉĞĐƚŽĨĞŵƉůŽLJĞĞƐĞƌǀŝĐĞƐƵƉ reserve except to the extent that an increment reverses a ƚŽƚŚĞƌĞƉŽƌƟŶŐĚĂƚĞ͕ĐůĂƐƐŝĮĞĚĂƐĐƵƌƌĞŶƚůŝĂďŝůŝƟĞƐĂŶĚ prior year decrement for that class of asset that had been ŵĞĂƐƵƌĞĚĂƚƚŚĞŝƌŶŽŵŝŶĂůǀĂůƵĞƐ͘ ƌĞĐŽŐŶŝƐĞĚĂƐĂŶĞdžƉĞŶƐĞ͕ŝŶǁŚŝĐŚĐĂƐĞƚŚĞŝŶĐƌĞŵĞŶƚŝƐ >ŝĂďŝůŝƟĞƐƚŚĂƚĂƌĞŶŽƚĞdžƉĞĐƚĞĚƚŽďĞǁŚŽůůLJƐĞƩůĞĚ ƌĞĐŽŐŶŝƐĞĚĂƐƌĞǀĞŶƵĞƵƉƚŽƚŚĞĂŵŽƵŶƚŽĨƚŚĞĞdžƉĞŶƐĞ͘ ǁŝƚŚŝŶϭϮŵŽŶƚŚƐŽĨƚŚĞƌĞƉŽƌƟŶŐĚĂƚĞĂƌĞƌĞĐŽŐŶŝƐĞĚ ZĞǀĂůƵĂƟŽŶĚĞĐƌĞŵĞŶƚƐĂƌĞƌĞĐŽŐŶŝƐĞĚĂƐĂŶĞdžƉĞŶƐĞ ŝŶƚŚĞƉƌŽǀŝƐŝŽŶĨŽƌĞŵƉůŽLJĞĞďĞŶĞĮƚƐĂƐĐƵƌƌĞŶƚ except where prior increments are included in the asset ůŝĂďŝůŝƟĞƐ͕ŵĞĂƐƵƌĞĚĂƚƉƌĞƐĞŶƚǀĂůƵĞŽĨƚŚĞĂŵŽƵŶƚƐ ƌĞǀĂůƵĂƟŽŶƌĞƐĞƌǀĞĨŽƌƚŚĂƚĐůĂƐƐŽĨĂƐƐĞƚ͕ŝŶǁŚŝĐŚĐĂƐĞ ĞdžƉĞĐƚĞĚƚŽďĞƉĂŝĚǁŚĞŶƚŚĞůŝĂďŝůŝƟĞƐĂƌĞƐĞƩůĞĚƵƐŝŶŐ ƚŚĞĚĞĐƌĞŵĞŶƚŝƐƚĂŬĞŶƚŽƚŚĞƌĞǀĂůƵĂƟŽŶƌĞƐĞƌǀĞƚŽƚŚĞ ƚŚĞƌĞŵƵŶĞƌĂƟŽŶƌĂƚĞĞdžƉĞĐƚĞĚƚŽĂƉƉůLJĂƚƚŚĞƟŵĞŽĨ ĞdžƚĞŶƚŽĨƚŚĞƌĞŵĂŝŶŝŶŐŝŶĐƌĞŵĞŶƚƐ͘tŝƚŚŝŶƚŚĞƐĂŵĞ ƐĞƩůĞŵĞŶƚ͘ ĐůĂƐƐŽĨĂƐƐĞƚƐ͕ƌĞǀĂůƵĂƟŽŶŝŶĐƌĞŵĞŶƚƐĂŶĚĚĞĐƌĞŵĞŶƚƐ Long service leave ǁŝƚŚŝŶƚŚĞLJĞĂƌĂƌĞŽīƐĞƚ͘ >ŝĂďŝůŝƚLJĨŽƌůŽŶŐƐĞƌǀŝĐĞůĞĂǀĞ;>^>ͿŝƐƌĞĐŽŐŶŝƐĞĚŝŶƚŚĞ Land Under Roads (LUR) ƉƌŽǀŝƐŝŽŶĨŽƌĞŵƉůŽLJĞĞďĞŶĞĮƚƐ͘ >ĂŶĚƵŶĚĞƌƌŽĂĚƐĂĐƋƵŝƌĞĚĂŌĞƌϯϬ:ƵŶĞϮϬϬϴŝƐďƌŽƵŐŚƚ ƵƌƌĞŶƚ>ŝĂďŝůŝƚLJͲƵŶĐŽŶĚŝƟŽŶĂů>^>ƌĞƉƌĞƐĞŶƟŶŐϳLJĞĂƌƐ ƚŽĂĐĐŽƵŶƚƵƐŝŶŐƚŚĞĨĂŝƌǀĂůƵĞďĂƐŝƐ͘ŽƵŶĐŝůĚŽĞƐŶŽƚ is disclosed as a current liability even when council recognise land under roads that it controlled prior to that ĚŽĞƐŶŽƚĞdžƉĞĐƚƚŽƐĞƩůĞƚŚĞůŝĂďŝůŝƚLJǁŝƚŚŝŶϭϮŵŽŶƚŚƐ ƉĞƌŝŽĚŝŶŝƚƐĮŶĂŶĐŝĂůƌĞƉŽƌƚ͘ ďĞĐĂƵƐĞŝƚǁŝůůŶŽƚŚĂǀĞƚŚĞƵŶĐŽŶĚŝƟŽŶĂůƌŝŐŚƚƚŽĚĞĨĞƌ (i) Cash and Cash Equivalents ƐĞƩůĞŵĞŶƚŽĨƚŚĞĞŶƟƚůĞŵĞŶƚƐŚŽƵůĚĂŶĞŵƉůŽLJĞĞƚĂŬĞ &ŽƌƚŚĞƉƵƌƉŽƐĞŽĨƚŚĞ^ƚĂƚĞŵĞŶƚŽĨĂƐŚ&ůŽǁƐ͕ĐĂƐŚ ůĞĂǀĞǁŝƚŚŝŶϭϮŵŽŶƚŚƐ͘ ĂŶĚĐĂƐŚĞƋƵŝǀĂůĞŶƚƐŝŶĐůƵĚĞĐĂƐŚŽŶŚĂŶĚ͕ĚĞƉŽƐŝƚƐĂƚ The components of this current liability are measured at: call and other highly liquid investments with original - present value - component that is not expected to be ŵĂƚƵƌŝƟĞƐŽĨƚŚƌĞĞŵŽŶƚŚƐŽƌůĞƐƐ͘ ƐĞƩůĞĚǁŝƚŚŝŶϭϮŵŽŶƚŚƐ͘ (j) Investments - nominal value - component that is expected to be /ŶǀĞƐƚŵĞŶƚƐ͕ŽƚŚĞƌƚŚĂŶŝŶǀĞƐƚŵĞŶƚƐŝŶĂƐƐŽĐŝĂƚĞƐ͕ĂƌĞ ƐĞƩůĞĚǁŝƚŚŝŶϭϮŵŽŶƚŚƐ͘ ŵĞĂƐƵƌĞĚĂƚĐŽƐƚ͘ EŽŶͲĐƵƌƌĞŶƚůŝĂďŝůŝƚLJͲĐŽŶĚŝƟŽŶĂů>^>ƌĞƉƌĞƐĞŶƟŶŐůĞƐƐ ;ŬͿ/ŶǀĞƐƚŵĞŶƚŝŶƐƐŽĐŝĂƚĞƐͲ/ŶƚĞƌĞƐƚŝŶZĞŐŝŽŶĂů>ŝďƌĂƌLJ ƚŚĂŶϳLJĞĂƌƐŝƐĚŝƐĐůŽƐĞĚĂƐĂŶŽŶͲĐƵƌƌĞŶƚůŝĂďŝůŝƚLJ͘ Services dŚĞƌĞŝƐĂŶƵŶĐŽŶĚŝƟŽŶĂůƌŝŐŚƚƚŽĚĞĨĞƌƐĞƩůĞŵĞŶƚŽĨ Council has disclosed its interests in the Geelong ƚŚĞĞŶƟƚůĞŵĞŶƚƵŶƟůƚŚĞĞŵƉůŽLJĞĞŚĂƐĐŽŵƉůĞƚĞĚƚŚĞ ZĞŐŝŽŶĂů>ŝďƌĂƌLJ;'Z>ͿŝŶƚŚĞĂůĂŶĐĞ^ŚĞĞƚ͘ŽƵŶĐŝů͛Ɛ ƌĞƋƵŝƐŝƚĞLJĞĂƌƐŽĨƐĞƌǀŝĐĞ͘ investment in associate is accounted for by the equity This non-current LSL liability is measured at present ŵĞƚŚŽĚĂƐƚŚĞŽƵŶĐŝůŚĂƐƚŚĞĂďŝůŝƚLJƚŽŝŶŇƵĞŶĐĞƌĂƚŚĞƌ ǀĂůƵĞ͘'ĂŝŶŽƌůŽƐƐĨŽůůŽǁŝŶŐƌĞǀĂůƵĂƟŽŶŽĨƚŚĞƉƌĞƐĞŶƚ ƚŚĂŶĐŽŶƚƌŽůƚŚĞŽƉĞƌĂƟŽŶƐŽĨƚŚĞĞŶƟƚLJ͘dŚĞŝŶǀĞƐƚŵĞŶƚ value of non-current LSL liability due to changes in bond Golden Plains Shire Annual Report 2013-14 x51 ŝŶƚĞƌĞƐƚƌĂƚĞƐŝƐƌĞĐŽŐŶŝƐĞĚĂƐĂŶŽƚŚĞƌĞĐŽŶŽŵŝĐŇŽǁ͘ ǀĂůƵĞ͘ŶLJĞdžĐĞƐƐŽĨƚŚĞĂƐƐĞƚƐĐĂƌƌLJŝŶŐǀĂůƵĞŽǀĞƌŝƚƐ dĞƌŵŝŶĂƟŽŶďĞŶĞĮƚƐ recoverable amount is expensed to the Comprehensive /ŶĐŽŵĞ^ƚĂƚĞŵĞŶƚ͕ƵŶůĞƐƐƚŚĞĂƐƐĞƚŝƐĐĂƌƌŝĞĚĂƚƚŚĞ dĞƌŵŝŶĂƟŽŶďĞŶĞĮƚƐĂƌĞƉĂLJĂďůĞǁŚĞŶĞŵƉůŽLJŵĞŶƚŝƐ ƌĞǀĂůƵĞĚĂŵŽƵŶƚŝŶǁŚŝĐŚĐĂƐĞ͕ƚŚĞŝŵƉĂŝƌŵĞŶƚůŽƐƐ ƚĞƌŵŝŶĂƚĞĚďĞĨŽƌĞƚŚĞŶŽƌŵĂůƌĞƟƌĞŵĞŶƚĚĂƚĞ͕ŽƌǁŚĞŶ ŝƐƌĞĐŽŐŶŝƐĞĚĚŝƌĞĐƚůLJĂŐĂŝŶƐƚƚŚĞƌĞǀĂůƵĂƟŽŶƐƵƌƉůƵƐ an employee accepts voluntary redundancy in exchange in respect of the same class of asset to the extent that ĨŽƌƚŚĞƐĞďĞŶĞĮƚƐ͘dŚĞĐŽƵŶĐŝůƌĞĐŽŐŶŝƐĞƐƚĞƌŵŝŶĂƟŽŶ the impairment loss does not exceed the amount in the ďĞŶĞĮƚƐǁŚĞŶŝƚŝƐĚĞŵŽŶƐƚƌĂďůLJĐŽŵŵŝƩĞĚƚŽĞŝƚŚĞƌ ƌĞǀĂůƵĂƟŽŶƐƵƌƉůƵƐĨŽƌƚŚĂƚƐĂŵĞĐůĂƐƐŽĨĂƐƐĞƚ͘ ƚĞƌŵŝŶĂƟŶŐƚŚĞĞŵƉůŽLJŵĞŶƚŽĨĐƵƌƌĞŶƚĞŵƉůŽLJĞĞƐ according to a detailed formal plan without possibility of ;ƌͿ ZŽƵŶĚŝŶŐ ǁŝƚŚĚƌĂǁĂůŽƌƉƌŽǀŝĚŝŶŐƚĞƌŵŝŶĂƟŽŶďĞŶĞĮƚƐĂƐĂƌĞƐƵůƚ hŶůĞƐƐŽƚŚĞƌǁŝƐĞƐƚĂƚĞĚ͕ĂŵŽƵŶƚƐŝŶƚŚĞĮŶĂŶĐŝĂůƌĞƉŽƌƚ ŽĨĂŶŽīĞƌŵĂĚĞƚŽĞŶĐŽƵƌĂŐĞǀŽůƵŶƚĂƌLJƌĞĚƵŶĚĂŶĐLJ͘ ŚĂǀĞďĞĞŶƌŽƵŶĚĞĚƚŽƚŚĞŶĞĂƌĞƐƚƚŚŽƵƐĂŶĚĚŽůůĂƌƐ͘ ĞŶĞĮƚƐĨĂůůŝŶŐĚƵĞŵŽƌĞƚŚĂŶϭϮŵŽŶƚŚƐĂŌĞƌďĂůĂŶĐĞ &ŝŐƵƌĞƐŝŶƚŚĞĮŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚŵĂLJŶŽƚĞƋƵĂƚĞĚƵĞƚŽ ƐŚĞĞƚĚĂƚĞĂƌĞĚŝƐĐŽƵŶƚĞĚƚŽƉƌĞƐĞŶƚǀĂůƵĞ͘ ƌŽƵŶĚŝŶŐ͘ ŵƉůŽLJĞĞďĞŶĞĮƚƐŽŶͲĐŽƐƚƐ (s) Non-Current Assets Held for Sale ŵƉůŽLJĞĞďĞŶĞĮƚƐŽŶͲĐŽƐƚƐ;ƉĂLJƌŽůůƚĂdž͕ǁŽƌŬĞƌƐ ŶŽŶͲĐƵƌƌĞŶƚĂƐƐĞƚŚĞůĚĨŽƌƐĂůĞŝƐŵĞĂƐƵƌĞĚĂƚƚŚĞ ĐŽŵƉĞŶƐĂƟŽŶ͕ƐƵƉĞƌĂŶŶƵĂƟŽŶ͕ĂŶŶƵĂůůĞĂǀĞĂŶĚůŽŶŐ lower of its carrying amount and fair value less costs ƐĞƌǀŝĐĞůĞĂǀĞĂĐĐƌƵĞĚǁŚŝůĞŽŶ>^>ƚĂŬĞŶŝŶƐĞƌǀŝĐĞͿ ƚŽƐĞůů͕ĂŶĚŝƐŶŽƚƐƵďũĞĐƚƚŽĚĞƉƌĞĐŝĂƟŽŶ͘EŽŶͲĐƵƌƌĞŶƚ are recognised separately from provision for employee ĂƐƐĞƚƐĂŶĚƌĞůĂƚĞĚůŝĂďŝůŝƟĞƐĂƌĞƚƌĞĂƚĞĚĂƐĐƵƌƌĞŶƚĂŶĚ ďĞŶĞĮƚƐ͘ ĐůĂƐƐŝĮĞĚĂƐŚĞůĚĨŽƌƐĂůĞŝĨƚŚĞŝƌĐĂƌƌLJŝŶŐĂŵŽƵŶƚǁŝůůďĞ ^ƵƉĞƌĂŶŶƵĂƟŽŶ ƌĞĐŽǀĞƌĞĚƚŚƌŽƵŐŚĂƐĂůĞƚƌĂŶƐĂĐƟŽŶƌĂƚŚĞƌƚŚĂŶƚŚƌŽƵŐŚ ĐŽŶƟŶƵŝŶŐƵƐĞ͘dŚŝƐĐŽŶĚŝƟŽŶŝƐƌĞŐĂƌĚĞĚĂƐŵĞƚŽŶůLJ The amount charged to the Comprehensive Income ǁŚĞŶƚŚĞƐĂůĞŝƐŚŝŐŚůLJƉƌŽďĂďůĞĂŶĚƚŚĞĂƐƐĞƚ͛ƐƐĂůĞŝƐ ^ƚĂƚĞŵĞŶƚŝŶƌĞƐƉĞĐƚŽĨƐƵƉĞƌĂŶŶƵĂƟŽŶƌĞƉƌĞƐĞŶƚƐ expected to be completed within 12 months from the ĐŽŶƚƌŝďƵƟŽŶƐŵĂĚĞŽƌĚƵĞďLJŽƵŶĐŝůƚŽƚŚĞƌĞůĞǀĂŶƚ ĚĂƚĞŽĨĐůĂƐƐŝĮĐĂƟŽŶ͘ ƐƵƉĞƌĂŶŶƵĂƟŽŶƉůĂŶƐŝŶƌĞƐƉĞĐƚƚŽƚŚĞƐĞƌǀŝĐĞƐŽĨ ŽƵŶĐŝů͛ƐƐƚĂī;ďŽƚŚƉĂƐƚĂŶĚƉƌĞƐĞŶƚͿ͘^ƵƉĞƌĂŶŶƵĂƟŽŶ ;ƚͿ ŽŶƟŶŐĞŶƚ>ŝĂďŝůŝƟĞƐĂŶĚŽŶƟŶŐĞŶƚƐƐĞƚƐĂŶĚ ĐŽŶƚƌŝďƵƟŽŶƐĂƌĞŵĂĚĞƚŽƚŚĞƉůĂŶƐďĂƐĞĚŽŶƚŚĞ Commitments relevant rules of each plan and any relevant compulsory ŽŶƟŶŐĞŶƚůŝĂďŝůŝƟĞƐĂŶĚĐŽŶƟŶŐĞŶƚĂƐƐĞƚƐĂƌĞŶŽƚ ƐƵƉĞƌĂŶŶƵĂƟŽŶƌĞƋƵŝƌĞŵĞŶƚƐƚŚĂƚŽƵŶĐŝůŝƐƌĞƋƵŝƌĞĚƚŽ ƌĞĐŽŐŶŝƐĞĚŝŶƚŚĞĂůĂŶĐĞ^ŚĞĞƚ͕ďƵƚĂƌĞĚŝƐĐůŽƐĞĚďLJǁĂLJ ĐŽŵƉůLJǁŝƚŚ͘ ŽĨĂŶŽƚĞĂŶĚ͕ŝĨƋƵĂŶƟĮĂďůĞ͕ĂƌĞŵĞĂƐƵƌĞĚĂƚŶŽŵŝŶĂů ;ŽͿůůŽĐĂƟŽŶĞƚǁĞĞŶƵƌƌĞŶƚĂŶĚEŽŶͲƵƌƌĞŶƚ ǀĂůƵĞ͘ŽŶƟŶŐĞŶƚůŝĂďŝůŝƟĞƐĂŶĚĂƐƐĞƚƐĂƌĞƉƌĞƐĞŶƚĞĚ ŝŶĐůƵƐŝǀĞŽĨ'^dƌĞĐĞŝǀĂďůĞŽƌƉĂLJĂďůĞƌĞƐƉĞĐƟǀĞůLJ͘ /ŶƚŚĞĚĞƚĞƌŵŝŶĂƟŽŶŽĨǁŚĞƚŚĞƌĂŶĂƐƐĞƚŽƌůŝĂďŝůŝƚLJŝƐ ĐƵƌƌĞŶƚŽƌŶŽŶͲĐƵƌƌĞŶƚ͕ĐŽŶƐŝĚĞƌĂƟŽŶŝƐŐŝǀĞŶƚŽƚŚĞƟŵĞ ŽŵŵŝƚŵĞŶƚƐĂƌĞŶŽƚƌĞĐŽŐŶŝƐĞĚŝŶƚŚĞĂůĂŶĐĞ^ŚĞĞƚ͘ ǁŚĞŶĞĂĐŚĂƐƐĞƚŽƌůŝĂďŝůŝƚLJŝƐĞdžƉĞĐƚĞĚƚŽďĞƐĞƩůĞĚ͘dŚĞ Commitments are disclosed at their nominal value by ĂƐƐĞƚŽƌůŝĂďŝůŝƚLJŝƐĐůĂƐƐŝĮĞĚĂƐĐƵƌƌĞŶƚŝĨŝƚŝƐĞdžƉĞĐƚĞĚ way of a note and are presented inclusive of the GST ƚŽďĞƐĞƩůĞĚǁŝƚŚŝŶƚŚĞŶĞdžƚƚǁĞůǀĞŵŽŶƚŚƐ͕ďĞŝŶŐƚŚĞ ƉĂLJĂďůĞ͘ ŽƵŶĐŝů͛ƐŽƉĞƌĂƟŽŶĂůĐLJĐůĞ͕ŽƌŝĨŽƵŶĐŝůĚŽĞƐŶŽƚŚĂǀĞĂŶ ƵŶĐŽŶĚŝƟŽŶĂůƌŝŐŚƚƚŽĚĞĨĞƌƐĞƩůĞŵĞŶƚŽĨĂůŝĂďŝůŝƚLJĨŽƌĂƚ ůĞĂƐƚϭϮŵŽŶƚŚƐĂŌĞƌƚŚĞƌĞƉŽƌƟŶŐĚĂƚĞ͘ (p) Goods and Services Tax (GST) ZĞǀĞŶƵĞƐ͕ĞdžƉĞŶƐĞƐĂŶĚĂƐƐĞƚƐĂƌĞƌĞĐŽŐŶŝƐĞĚŶĞƚŽĨ ƚŚĞĂŵŽƵŶƚŽĨ'^d͕ĞdžĐĞƉƚǁŚĞƌĞƚŚĞĂŵŽƵŶƚŽĨ'^d ŝŶĐƵƌƌĞĚŝƐŶŽƚƌĞĐŽǀĞƌĂďůĞĨƌŽŵƚŚĞƵƐƚƌĂůŝĂŶdĂdž KĸĐĞ͘/ŶƚŚĞƐĞĐŝƌĐƵŵƐƚĂŶĐĞƐƚŚĞ'^dŝƐƌĞĐŽŐŶŝƐĞĚĂƐ ƉĂƌƚŽĨƚŚĞĐŽƐƚŽĨĂĐƋƵŝƐŝƟŽŶŽĨƚŚĞĂƐƐĞƚŽƌĂƐƉĂƌƚŽĨ ĂŶŝƚĞŵŽĨƚŚĞĞdžƉĞŶƐĞ͘ZĞĐĞŝǀĂďůĞƐĂŶĚƉĂLJĂďůĞƐŝŶƚŚĞ ĂůĂŶĐĞ^ŚĞĞƚĂƌĞƐŚŽǁŶŝŶĐůƵƐŝǀĞŽĨ'^d͘ĂƐŚŇŽǁƐĂƌĞ represented in the Statement of Cash Flows on a gross ďĂƐŝƐ͕ĞdžĐĞƉƚĨŽƌƚŚĞ'^dĐŽŵƉŽŶĞŶƚŽĨŝŶǀĞƐƟŶŐĂŶĚ ĮŶĂŶĐŝŶŐĂĐƟǀŝƟĞƐ͕ǁŚŝĐŚĂƌĞĚŝƐĐůŽƐĞĚĂƐŽƉĞƌĂƟŶŐĐĂƐŚ ŇŽǁƐ͘ (q) Impairment of assets ƚĞĂĐŚƌĞƉŽƌƟŶŐĚĂƚĞ͕ŽƵŶĐŝůƌĞǀŝĞǁƐƚŚĞĐĂƌƌLJŝŶŐ value of its assets to determine whether there is any ŝŶĚŝĐĂƟŽŶƚŚĂƚƚŚĞƐĞĂƐƐĞƚƐŚĂǀĞďĞĞŶŝŵƉĂŝƌĞĚ͘/ĨƐƵĐŚ ĂŶŝŶĚŝĐĂƟŽŶĞdžŝƐƚƐ͕ƚŚĞƌĞĐŽǀĞƌĂďůĞĂŵŽƵŶƚŽĨƚŚĞĂƐƐĞƚ͕ ďĞŝŶŐƚŚĞŚŝŐŚĞƌŽĨƚŚĞĂƐƐĞƚ͛ƐĨĂŝƌǀĂůƵĞůĞƐƐĐŽƐƚƐƚŽ ƐĞůůĂŶĚǀĂůƵĞŝŶƵƐĞ͕ŝƐĐŽŵƉĂƌĞĚƚŽƚŚĞĂƐƐĞƚƐĐĂƌƌLJŝŶŐ 52 x Golden Plains Shire Annual Report 2013-14 Note 2: Pending Accounting Standards dŚĞĨŽůůŽǁŝŶŐƵƐƚƌĂůŝĂŶĐĐŽƵŶƟŶŐ^ƚĂŶĚĂƌĚƐŚĂǀĞďĞĞŶŝƐƐƵĞĚŽƌĂŵĞŶĚĞĚĂŶĚĂƌĞĂƉƉůŝĐĂďůĞƚŽƚŚĞŽƵŶĐŝůďƵƚĂƌĞŶŽƚ LJĞƚĞīĞĐƟǀĞ͘dŚĞLJŚĂǀĞŶŽƚďĞĞŶĂĚŽƉƚĞĚŝŶƉƌĞƉĂƌĂƟŽŶŽĨƚŚĞĮŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐĂƚƌĞƉŽƌƟŶŐĚĂƚĞ͘ WĞŶĚŝŶŐĂĐĐŽƵŶƟŶŐƐƚĂŶĚĂƌĚƐŚĂǀĞďĞĞŶĂƐƐĞƐƐĞĚ͖ƚŚŽƐĞƚŚĂƚŵĂLJŚĂǀĞĂŶŝŵƉĂĐƚŽŶŽƵŶĐŝůĂƌĞůŝƐƚĞĚďĞůŽǁ͗ Pronouncement Summary ƉƉůŝĐĂƟŽŶĂƚĞ Impact on Council ^ϵ&ŝŶĂŶĐŝĂů/ŶƐƚƌƵŵĞŶƚƐ ^ϵƐƚĂŶĚĂƌĚŝƐŽŶĞŽĨĂƐĞƌŝĞƐŽĨ ϭ:ƵůϮϬϭϱ dŚĞŝŵƉĂĐƚŝƐŶŽƚůŝŬĞůLJƚŽďĞĞdžƚĞŶƐŝǀĞ amendments that are expected to ŝŶƚŚĞůŽĐĂůŐŽǀĞƌŶŵĞŶƚƐĞĐƚŽƌ͘ ĞǀĞŶƚƵĂůůLJĐŽŵƉůĞƚĞůLJƌĞƉůĂĐĞ^ ůƚŚŽƵŐŚŝƚǁŝůůǀĂƌLJĐŽŶƐŝĚĞƌĂďůLJ ϭϯϵ͘ƵƌŝŶŐϮϬϭϬͲϭϭ͕ƚŚĞƐƚĂŶĚĂƌĚǁŝůů ďĞƚǁĞĞŶĞŶƟƟĞƐ͘tŚŝůĞƚŚĞƌƵůĞƐ be expanded to include new rules on ĂƌĞůĞƐƐĐŽŵƉůĞdžƚŚĂŶƚŚŽƐĞŽĨ^ ŵĞĂƐƵƌĞŵĞŶƚŽĨĮŶĂŶĐŝĂůůŝĂďŝůŝƟĞƐ ϭϯϵ͕ƚŚĞŽƉƟŽŶƚŽƐŚŽǁĞƋƵŝƚLJ ĂŶĚŚĞĚŐĞĂĐĐŽƵŶƟŶŐ͘ƵƌƌĞŶƚůLJƚŚĞ instruments at cost has been largely ĞdžŝƐƟŶŐƉƌŽǀŝƐŝŽŶƐŽĨ^ϭϯϵǁŝůů ƌĞŵŽǀĞĚ͕ǁŚŝĐŚŝƐůŝŬĞůLJƚŽůĞĂĚƚŽ ĐŽŶƟŶƵĞƚŽĂƉƉůLJŝŶƚŚĞƐĞĂƌĞĂƐ͘ ŐƌĞĂƚĞƌǀŽůĂƟůŝƚLJǁŝƚŚŝŶƚŚĞŝŶĐŽŵĞ ƐƚĂƚĞŵĞŶƚ͘,ŽǁĞǀĞƌŝƚŵĂLJĂůƐŽůĞĂĚƚŽ ^ϵƐŝŵƉůŝĮĞƐƚŚĞĐůĂƐƐŝĮĐĂƟŽŶƐŽĨ ĂŶŝŵƉƌŽǀĞĚĮŶĂŶĐŝĂůƉŽƐŝƟŽŶĨŽƌƐŽŵĞ ĮŶĂŶĐŝĂůĂƐƐĞƚƐŝŶƚŽƚŚŽƐĞƚŽďĞĐĂƌƌŝĞĚ ĞŶƟƟĞƐ͘ ĂƚĂŵŽƌƟƐĞĚĐŽƐƚĂŶĚƚŚŽƐĞƚŽďĞ carried at fair value – the ‘available for This will also create a requirement to ƐĂůĞ͛ĂŶĚ͚ŚĞůĚͲƚŽͲŵĂƚƵƌŝƚLJ͛ĐĂƚĞŐŽƌŝĞƐ measure some instruments annually ŶŽůŽŶŐĞƌĞdžŝƐƚƐ͘^ϵĂůƐŽ ƚŚĂƚŚĂƐŶŽƚƉƌĞǀŝŽƵƐůLJĞdžŝƐƚĞĚ͘ ƐŝŵƉůŝĮĞƐƌĞƋƵŝƌĞŵĞŶƚƐĨŽƌĞŵďĞĚĚĞĚ ĚĞƌŝǀĂƟǀĞƐĂŶĚƌĞŵŽǀĞƐƚŚĞƚĂŝŶƟŶŐ rules associated with held-to-maturity ĂƐƐĞƚƐ͘ ^ϭϮŝƐĐůŽƐƵƌĞŽĨ This Standard requires disclosure ϭ:ƵůϮϬϭϰ Impacts on the level and nature of /ŶƚĞƌĞƐƚƐŝŶKƚŚĞƌ ŶƟƟĞƐ ŽĨŝŶĨŽƌŵĂƟŽŶƚŚĂƚĞŶĂďůĞƐƵƐĞƌƐ the disclosures will be assessed based ŽĨĮŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐƚŽĞǀĂůƵĂƚĞ ŽŶƚŚĞĞǀĞŶƚƵĂůŝŵƉůŝĐĂƟŽŶƐĂƌŝƐŝŶŐ ƚŚĞŶĂƚƵƌĞŽĨ͕ĂŶĚƌŝƐŬƐĂƐƐŽĐŝĂƚĞĚ ĨƌŽŵ^ϭϬ͕^ϭϭĂŶĚ^ϭϮϴ ǁŝƚŚ͕ŝŶƚĞƌĞƐƚƐŝŶŽƚŚĞƌĞŶƟƟĞƐĂŶĚ /ŶǀĞƐƚŵĞŶƚƐŝŶƐƐŽĐŝĂƚĞƐĂŶĚ:ŽŝŶƚ ƚŚĞĞīĞĐƚƐŽĨƚŚŽƐĞŝŶƚĞƌĞƐƚƐŽŶƚŚĞ sĞŶƚƵƌĞƐ͘ ĮŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘dŚŝƐ^ƚĂŶĚĂƌĚ replaces the disclosure requirements ŝŶ^ϭϮϳ^ĞƉĂƌĂƚĞ&ŝŶĂŶĐŝĂů ^ƚĂƚĞŵĞŶƚƐĂŶĚ^ϭϯϭ/ŶƚĞƌĞƐƚƐŝŶ :ŽŝŶƚsĞŶƚƵƌĞƐ͘ dŚĞĞdžƉŽƐƵƌĞĚƌĂŌ ϮϯϴƉƌŽƉŽƐĞƐƚŽ ĂĚĚƐŽŵĞŝŵƉůĞŵĞŶƚĂƟŽŶŐƵŝĚĂŶĐĞƚŽ ^ϭϮ͕ĞdžƉůĂŝŶŝŶŐĂŶĚŝůůƵƐƚƌĂƟŶŐƚŚĞ ĚĞĮŶŝƟŽŶŽĨĂ͚ƐƚƌƵĐƚƵƌĞĚĞŶƟƚLJ͛ĨƌŽŵĂ ŶŽƚͲĨŽƌͲƉƌŽĮƚƉĞƌƐƉĞĐƟǀĞ͘ ^ϭϮϳ^ĞƉĂƌĂƚĞ&ŝŶĂŶĐŝĂů This revised Standard prescribes the ϭ:ƵůϮϬϭϰ The impact of this standard will need Statements ĂĐĐŽƵŶƟŶŐĂŶĚĚŝƐĐůŽƐƵƌĞƌĞƋƵŝƌĞŵĞŶƚƐ ƚŽďĞĂƐƐĞƐƐĞĚŝŶůŝŶĞǁŝƚŚƚŚĞĮŶĂů ĨŽƌŝŶǀĞƐƚŵĞŶƚƐŝŶƐƵďƐŝĚŝĂƌŝĞƐ͕ũŽŝŶƚ ĚĞůŝďĞƌĂƟŽŶƐďLJƚŚĞ^ŽŶƚŚĞ ǀĞŶƚƵƌĞƐĂŶĚĂƐƐŽĐŝĂƚĞƐǁŚĞŶĂŶĞŶƟƚLJ ĂƉƉůŝĐĂƟŽŶŽĨƚŚŝƐƐƚĂŶĚĂƌĚƚŽŶŽƚĨŽƌ ƉƌĞƉĂƌĞƐƐĞƉĂƌĂƚĞĮŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘ ƉƌŽĮƚĞŶƟƟĞƐ͘ ^ϭϮϴ/ŶǀĞƐƚŵĞŶƚƐŝŶ This revised Standard sets out the ϭ:ƵůϮϬϭϰ The impact of this standard will need ƐƐŽĐŝĂƚĞƐĂŶĚ:ŽŝŶƚsĞŶƚƵƌĞƐ ƌĞƋƵŝƌĞŵĞŶƚƐĨŽƌƚŚĞĂƉƉůŝĐĂƟŽŶŽĨ ƚŽďĞĂƐƐĞƐƐĞĚŝŶůŝŶĞǁŝƚŚƚŚĞĮŶĂů ƚŚĞĞƋƵŝƚLJŵĞƚŚŽĚǁŚĞŶĂĐĐŽƵŶƟŶŐ ĚĞůŝďĞƌĂƟŽŶƐďLJƚŚĞ^ŽŶƚŚĞ for investments in associates and joint ĂƉƉůŝĐĂƟŽŶŽĨƚŚŝƐƐƚĂŶĚĂƌĚƚŽŶŽƚĨŽƌ ǀĞŶƚƵƌĞƐ͘ ƉƌŽĮƚĞŶƟƟĞƐ͘ ^ϭϬϱϯƉƉůŝĐĂƟŽŶŽĨ dŚĞƐĞƐƚĂŶĚĂƌĚƐƐĞƚŽƵƚƚŚĞƟĞƌƐŽĨ ϭ:ƵůϮϬϭϰ Council has yet to determine the dŝĞƌƐŽĨƵƐƚƌĂůŝĂŶĐĐŽƵŶƟŶŐ ĮŶĂŶĐŝĂůƌĞƉŽƌƟŶŐĂŶĚƚŚĞƌĞĚƵĐĞĚ ŝŵƉĂĐƚŽĨƚŚŝƐƐƚĂŶĚĂƌĚ͕ ^ƚĂŶĚĂƌĚƐĂŶĚ^ϮϬϭϬͲϮ ĚŝƐĐůŽƐƵƌĞĨƌĂŵĞǁŽƌŬ͘ ŵĞŶĚŵĞŶƚƐƚŽƵƐƚƌĂůŝĂŶ ĐĐŽƵŶƟŶŐ^ƚĂŶĚĂƌĚĂƌŝƐŝŶŐ from Reduced Disclosure Requirements Golden Plains Shire Annual Report 2013-14 x53 Note 3: Functions/Activities of the Council dŚĞĂĐƟǀŝƟĞƐƌĞůĂƟŶŐƚŽŽƵŶĐŝů͛ƐĨƵŶĐƟŽŶƐĂƐƌĞƉŽƌƚĞĚŝŶƚŚĞ/ŶĐŽŵĞ^ƚĂƚĞŵĞŶƚĂƌĞĂƐĨŽůůŽǁƐ͗ ;ŝͿ ŝƟnjĞŶĂŶĚƵƐƚŽŵĞƌ^ĞƌǀŝĐĞ (vi) Human Support Services ŽŵŵƵŶŝĐĂƟŽŶƐĂŶĚDĂƌŬĞƟŶŐ͖ĂŶĚƵƐƚŽŵĞƌ DĂƚĞƌŶĂůĂŶĚŚŝůĚ,ĞĂůƚŚ͕ŚŝůĚƌĞŶƐ͛^ĞƌǀŝĐĞƐ͕ ^ĞƌǀŝĐĞĞŶƚƌĞƐ͘ ŐĞĚĂŶĚŝƐĂďŝůŝƚLJ^ĞƌǀŝĐĞƐ͕ŽŵŵƵŶŝƚLJdƌĂŶƐƉŽƌƚ͕ (ii) Civic Leadership ŽŵŵƵŶŝƚLJ,ĞĂůƚŚ͕,ĞĂůƚŚWƌŽŵŽƟŽŶ͕<ŝŶĚĞƌŐĂƌƚĞŶƐ ĂŶĚdƌĂŶƐƉŽƌƚŽŶŶĞĐƟŽŶƐ͘ 'ŽǀĞƌŶĂŶĐĞ͕ ůĞĐƟŽŶƐ͕DĞĞƟŶŐƐ͕^ƚƌĂƚĞŐŝĐĂŶĚ ^ĞƌǀŝĐĞWůĂŶŶŝŶŐ͕ ŵĞƌŐĞŶĐLJDĂŶĂŐĞŵĞŶƚWůĂŶĂŶĚ ;ǀŝŝͿ ZĞĐƌĞĂƟŽŶĂŶĚŽŵŵƵŶŝƚLJĞǀĞůŽƉŵĞŶƚ ^ƚĂƚĞ ŵĞƌŐĞŶĐLJ^ĞƌǀŝĐĞ͕ZŝƐŬDĂŶĂŐĞŵĞŶƚĂŶĚ ŽŵŵƵŶŝƚLJĞǀĞůŽƉŵĞŶƚ͕>ŝďƌĂƌŝĞƐ͕ƌƚƐĂŶĚƵůƚƵƌĞ͕ KĐĐƵƉĂƟŽŶĂů,ĞĂůƚŚĂŶĚ^ĂĨĞƚLJ͘ zŽƵƚŚĞǀĞůŽƉŵĞŶƚ͕ZĞĐƌĞĂƟŽŶWůĂŶŶŝŶŐ͕ZĞĐƌĞĂƟŽŶ (iii) Economic Development ŽŶƐƚƌƵĐƟŽŶ͕ZĞĐƌĞĂƟŽŶ/ŶĨƌĂƐƚƌƵĐƚƵƌĞDĂŝŶƚĞŶĂŶĐĞ ĂŶĚDĂũŽƌWƌŽũĞĐƚƐ͘ ĐŽŶŽŵŝĐĞǀĞůŽƉŵĞŶƚ͘ (viii) Roads and Streets Infrastructure ;ŝǀͿ ŶǀŝƌŽŶŵĞŶƚĂŶĚ>ĂŶĚhƐĞWůĂŶŶŝŶŐ ^ĞĂůĞĚZŽĂĚƐZŽƵƟŶĞDĂŝŶƚĞŶĂŶĐĞ͕>ŽĐĂůZŽĂĚƐ >ĂŶĚhƐĞWůĂŶŶŝŶŐ͕ƵŝůĚŝŶŐŽŶƚƌŽů͕WƌŝǀĂƚĞƵŝůĚŝŶŐ ZĞƐĞĂůŝŶŐ͕>ŽĐĂůZŽĂĚƐZĞŚĂďŝůŝƚĂƟŽŶ͕>ŽĐĂůZŽĂĚƐ ŽŶƚƌŽů͕&ŝƌĞWƌŽƚĞĐƟŽŶ͕ ŶǀŝƌŽŶŵĞŶƚĂůDĂŶĂŐĞŵĞŶƚ͕ /ŵƉƌŽǀĞŵĞŶƚƐ͕'ƌĂǀĞůZŽĂĚƐZŽƵƟŶĞDĂŝŶƚĞŶĂŶĐĞ͕ ŽŵŵƵŶŝƚLJWƌŽƚĞĐƟŽŶĂŶĚWƵďůŝĐ,ĞĂůƚŚ͘ 'ƌĂǀĞůZĞƐŚĞĞƟŶŐ͕ƌŝĚŐĞDĂŝŶƚĞŶĂŶĐĞ͕dƌĞĞ ;ǀͿ &ŝŶĂŶĐŝĂůDĂŶĂŐĞŵĞŶƚ ůĞĂƌŝŶŐ͕'ƌĂǀĞůWŝƚƐ͕ƐƐĞƚDĂŶĂŐĞŵĞŶƚ͕ƌĂŝŶĂŐĞ 'ĞŶĞƌĂůZĞǀĞŶƵĞ͕WƌŽƉĞƌƚLJĂŶĚZĂƟŶŐ͕^ƚĂƚƵƚŽƌLJ DĂŝŶƚĞŶĂŶĐĞdŽǁŶƐŚŝƉĂŶĚZƵƌĂů͕WƌŝǀĂƚĞtŽƌŬƐ͕ ZĞƉŽƌƟŶŐĂŶĚƵĚŐĞƟŶŐ͕WƌŽĐƵƌĞŵĞŶƚĂŶĚŽŶƚƌĂĐƚ >ŝŶĞŵĂƌŬŝŶŐ͕'ƵŝĚĞƉŽƐƚƐĂŶĚ^ŝŐŶƐ͕^ƚƌĞĞƚ>ŝŐŚƟŶŐ͕ DĂŶĂŐĞŵĞŶƚ͕ZĞĐŽƌĚƐDĂŶĂŐĞŵĞŶƚ͕ŽƌƌŽǁŝŶŐƐĂŶĚ dŽǁŶƐŚŝƉDĂŝŶƚĞŶĂŶĐĞ͕ƵƐ^ŚĞůƚĞƌƐĂŶĚWĂƚŚƐĂŶĚ WůĂŶƚZĞƉůĂĐĞŵĞŶƚ͘ dƌĂŝůƐ͘ ;ŝdžͿ tĂƐƚĞDĂŶĂŐĞŵĞŶƚ 'ĂƌďĂŐĞŽůůĞĐƟŽŶ͕DƵŶŝĐŝƉĂů>ĂŶĚĮůůĂŶĚ>ŝƩĞƌ ŽŶƚƌŽů͘ 54 x Golden Plains Shire Annual Report 2013-14 Note 4: Income And Expenditure By Key Result Area 2014 2013 $’000 $’000 Income ŝƟnjĞŶĂŶĚƵƐƚŽŵĞƌ^ĞƌǀŝĐĞ 31 34 Civic Leadership 146 816 Economic Development ϭ͕Ϭϴϭ 317 ŶǀŝƌŽŶŵĞŶƚĂŶĚ>ĂŶĚhƐĞWůĂŶŶŝŶŐ ϭ͕ϰϴϳ ϭ͕ϭϳϭ Financial Management Ϯϭ͕Ϯϯϱ Ϯϯ͕ϴϯϭ ,ƵŵĂŶ^ƵƉƉŽƌƚ^ĞƌǀŝĐĞƐ ϰ͕ϲϱϱ ϰ͕ϯϲϭ ZĞĐƌĞĂƟŽŶĂŶĚŽŵŵƵŶŝƚLJ/ŶĨƌĂƐƚƌƵĐƚƵƌĞ Ϯ͕ϲϳϵ ϰ͕ϬϳϬ Roads and Streets Infrastructure ϯ͕ϳϳϯ ϯ͕ϬϮϰ tĂƐƚĞDĂŶĂŐĞŵĞŶƚ ϭ͕ϴϵϭ ϭ͕ϳϳϲ Total Income 36,978 39,400 Expenditure ŝƟnjĞŶĂŶĚƵƐƚŽŵĞƌ^ĞƌǀŝĐĞ 966 877 Civic Leadership Ϯ͕ϱϵϭ Ϯ͕ϱϵϵ Economic Development ϭ͕ϱϵϬ 634 ŶǀŝƌŽŶŵĞŶƚĂŶĚ>ĂŶĚhƐĞWůĂŶŶŝŶŐ ϯ͕ϭϮϵ Ϯ͕ϵϵϮ Financial Management Ϯ͕ϭϭϭ ϭ͕ϴϵϱ ,ƵŵĂŶ^ƵƉƉŽƌƚ^ĞƌǀŝĐĞƐ ϲ͕ϵϴϱ ϲ͕ϰϰϮ ZĞĐƌĞĂƟŽŶĂŶĚŽŵŵƵŶŝƚLJ/ŶĨƌĂƐƚƌƵĐƚƵƌĞ ϱ͕Ϯϭϱ ϰ͕ϳϱϳ Roads and Streets Infrastructure ϳ͕ϴϰϴ ϲ͕ϵϱϱ tĂƐƚĞDĂŶĂŐĞŵĞŶƚ ϭ͕ϳϵϯ ϭ͕ϲϰϯ Total Expenditure 32,228 28,794 Surplus 4,750 10,606 ZĞǀĞŶƵĞ͕ĞdžƉĞŶĚŝƚƵƌĞĂŶĚĐŚĂŶŐĞƐŝŶŶĞƚĂƐƐĞƚǀĂůƵĞƐƚŚĂƚĂƌĞƌĞŇĞĐƚĞĚŝŶƚŚĞŽŵƉƌĞŚĞŶƐŝǀĞ/ŶĐŽŵĞ^ƚĂƚĞŵĞŶƚŚĂǀĞďĞĞŶ ĂůůŽĐĂƚĞĚƚŽƚŚĞŝƌƌĞƐƉĞĐƟǀĞ<ĞLJZĞƐƵůƚƌĞĂƐĂďŽǀĞ͘ Golden Plains Shire Annual Report 2013-14 x55 Note 5: Reserves 2014 2013 $’000 $’000 ƐƐĞƚZĞǀĂůƵĂƟŽŶZĞƐĞƌǀĞ Ϯϰϳ͕ϭϱϵ ϰϵ͕ϲϭϰ KƚŚĞƌZĞƐĞƌǀĞƐ ϲ͕ϱϮϭ ϳ͕ϬϮϵ Total Reserves 253,680 56,643 ƐƐĞƚZĞǀĂůƵĂƟŽŶZĞƐĞƌǀĞ ĂůĂŶĐĞĂƚĞŐŝŶŶŝŶŐ ZĞǀĂůƵĂƟŽŶ Balance at End of ŽĨZĞƉŽƌƟŶŐWĞƌŝŽĚ Increment/ ZĞƉŽƌƟŶŐWĞƌŝŽĚ (Decrement) Land ϳ͕ϱϲϳ Ϯ͕ϯϳϱ ϵ͕ϵϰϮ Buildings ϵ͕ϭϳϱ Ϯ͕ϵϭϴ ϭϮ͕Ϭϵϯ Infrastructure ϯϮ͕ϲϰϬ ϭϵϮ͕ϭϲϱ ϮϮϰ͕ϴϬϱ KƚŚĞƌ^ƚƌƵĐƚƵƌĞƐ ϮϬϳ - ϮϬϳ >ĂŶĚhŶĚĞƌZŽĂĚƐ 25 87 112 dŽƚĂůƐƐĞƚZĞǀĂůƵĂƟŽŶZĞƐĞƌǀĞ 49,614 197,545 247,159 Other Reserves ĂůĂŶĐĞĂƚĞŐŝŶŶŝŶŐ Transfer From/ Balance at End of ŽĨZĞƉŽƌƟŶŐWĞƌŝŽĚ (To) Accumulated ZĞƉŽƌƟŶŐWĞƌŝŽĚ Surplus hŶĞdžƉĞŶĚĞĚƉƌŽũĞĐƚƐ ϲ͕ϯϵϴ ;ϱϲϮͿ ϱ͕ϴϯϲ LSL Non-Current Liability 413 51 464 WƌŽĮƚ ƋƵĂůŝƐĂƟŽŶ ϭϬϬ - ϭϬϬ Drainage Levy 18 ;ϭϭͿ 7 ĞǀĞůŽƉĞƌŽŶƚƌŝďƵƟŽŶƐ ϭϬϬ ϭϬ ϭϭϬ Quarry Levy - 4 4 Total Other Reserves 7,029 (508) 6,521 Note 6: Reconciliation Of Surplus To Net Cash Inflow From Operations 2014 2013 NOTE $’000 $’000 Surplus for the Year 4,750 10,606 ĞƉƌĞĐŝĂƟŽŶ 17 ϰ͕ϴϯϬ ϰ͕ϳϯϱ ;WƌŽĮƚͿͬ>ŽƐƐŽŶŝƐƉŽƐĂůŽĨƐƐĞƚƐ 13 ;ϮϭϱͿ ;ϯϲϵͿ ^ƵďĚŝǀŝƐŝŽŶƐͲZŽĂĚƐ,ĂŶĚĞĚƚŽŽƵŶĐŝů ϯϬ ;Ϯ͕ϰϬϳͿ ;ϯ͕ϭϴϳͿ ƐƐĞƚƐ,ĂŶĚĞĚƚŽŽƵŶĐŝů ϯϬ ;ϯϮϱͿ ;ϭϳϱͿ ƐƐĞƚƐEŽƚWƌĞǀŝŽƵƐůLJZĞĐŽŐŶŝƐĞĚ ϯϬ ;ϯϱϮͿ ;ϵϬϱͿ Finance Costs ϯϬϯ 278 ĞĐƌĞĂƐĞͬ;/ŶĐƌĞĂƐĞͿŝŶKƚŚĞƌEŽŶͲƵƌƌĞŶƚƐƐĞƚƐ 14 57 ;ϭϮϭͿ ĞĐƌĞĂƐĞͬ;/ŶĐƌĞĂƐĞͿŝŶZĞĐĞŝǀĂďůĞƐ 215 ;ϮϭϴͿ ĞĐƌĞĂƐĞͬ;/ŶĐƌĞĂƐĞͿŝŶ/ŶǀĞŶƚŽƌŝĞƐ 23 ;ϭͿ 7 /ŶĐƌĞĂƐĞͬ;ĞĐƌĞĂƐĞͿŝŶƌĞĚŝƚŽƌƐĂŶĚWƌŽǀŝƐŝŽŶƐ 865 ;Ϯ͕ϬϯϬͿ EĞƚĂƐŚ/ŶŇŽǁĨƌŽŵKƉĞƌĂƟŽŶƐ 7,720 8,621 56 x Golden Plains Shire Annual Report 2013-14 Note 7: Rates And Charges ŽƵŶĐŝůƵƐĞƐĂƉŝƚĂů/ŵƉƌŽǀĞĚsĂůƵĂƟŽŶ;/sͿĂƐƚŚĞďĂƐŝƐŽĨǀĂůƵĂƟŽŶĂŶĚƌĂƟŶŐŽĨĂůůƌĂƚĞĂďůĞƉƌŽƉĞƌƟĞƐǁŝƚŚŝŶƚŚĞ ŵƵŶŝĐŝƉĂůĚŝƐƚƌŝĐƚ͘dŚĞ/sŝƐƚŚĞƚŽƚĂůŵĂƌŬĞƚǀĂůƵĞŝŶĐůƵĚŝŶŐůĂŶĚĂŶĚŝŵƉƌŽǀĞŵĞŶƚƐ͘ dŚĞĨŽůůŽǁŝŶŐǀĂůƵĂƟŽŶƐǁĞƌĞƵƐĞĚŝŶƚŚĞĐĂůĐƵůĂƟŽŶŽĨƚŚĞĂĚŽƉƚĞĚƌĂƚĞƐĂƚƚŚĞĐŽŵŵĞŶĐĞŵĞŶƚŽĨƚŚĞƌĂƟŶŐLJĞĂƌ͗ 2014 2013 $’000 $’000 ZĞƐŝĚĞŶƟĂů Ϯ͕ϭϯϭ͕ϴϯϱ Ϯ͕ϬϮϭ͕ϰϯϴ Farm ϵϵϮ͕Ϯϱϯ ϵϴϵ͕ϵϱϱ Non-Farm Vacant Land ϮϯϮ͕Ϯϯϴ Ϯϰϯ͕ϯϮϰ Business ϱϵ͕ϭϮϳ ϱϭ͕ϰϳϴ dŽƚĂůĂƉŝƚĂů/ŵƉƌŽǀĞĚsĂůƵĂƟŽŶƐ 3,415,453 3,306,195 dŚĞĚĂƚĞŽĨƚŚĞůĂƐƚŐĞŶĞƌĂůƌĞǀĂůƵĂƟŽŶŽĨůĂŶĚĨŽƌƌĂƟŶŐƉƵƌƉŽƐĞƐǁŝƚŚŝŶƚŚĞŵƵŶŝĐŝƉĂůĚŝƐƚƌŝĐƚǁĂƐϭ:ĂŶƵĂƌLJϮϬϭϮ͕ĂŶĚƚŚĞ ǀĂůƵĂƟŽŶĮƌƐƚĂƉƉůŝĞĚƚŽƚŚĞƌĂƟŶŐƉĞƌŝŽĚĐŽŵŵĞŶĐŝŶŐϭ:ƵůLJϮϬϭϮ͘ dŚĞĚĂƚĞŽĨƚŚĞŶĞdžƚŐĞŶĞƌĂůƌĞǀĂůƵĂƟŽŶŽĨůĂŶĚĨŽƌƌĂƟŶŐƉƵƌƉŽƐĞƐǁŝƚŚŝŶƚŚĞŵƵŶŝĐŝƉĂůĚŝƐƚƌŝĐƚŝƐϭ:ĂŶƵĂƌLJϮϬϭϰ͕ĂŶĚƚŚĞ ǀĂůƵĂƟŽŶǁŝůůďĞĮƌƐƚĂƉƉůŝĞĚŝŶƚŚĞƌĂƟŶŐLJĞĂƌĐŽŵŵĞŶĐŝŶŐϭ:ƵůLJϮϬϭϰ͘ Rates And Charges Revenue dŚĞĨŽůůŽǁŝŶŐƌĂƚĞƐĂŶĚĐŚĂƌŐĞƐǁĞƌĞƌĞĐŽŐŶŝƐĞĚĚƵƌŝŶŐƚŚĞĮŶĂŶĐŝĂůLJĞĂƌ͘ ZĞƐŝĚĞŶƟĂů ϴ͕ϬϬϯ ϳ͕ϭϳϯ Farm ϯ͕ϭϵϳ Ϯ͕ϵϯϰ Non-Farm Vacant Land ϭ͕ϱϱϳ ϭ͕ϱϮϲ Business 229 ϮϬϮ Municipal Charge ϭ͕ϵϮϱ ϭ͕ϴϴϵ 'ĂƌďĂŐĞĂŶĚ>ĂŶĚĮůůŚĂƌŐĞƐ ϭ͕ϴϬϱ ϭ͕ϲϵϴ dŽƚĂůZĂƚĞƐĂŶĚŚĂƌŐĞƐZĞǀĞŶƵĞ 16,716 15,422 Golden Plains Shire Annual Report 2013-14 x57 Note 8: Grants 2014 2013 $’000 $’000 Summary of Grants Federally Funded Grants ϯ͕ϱϰϱ ϱ͕ϵϵϵ State Funded Grants ϳ͕ϲϯϲ ϳ͕ϳϯϰ 11,181 13,733 Recurrent Grants sŝĐƚŽƌŝĂ'ƌĂŶƚƐŽŵŵŝƐƐŝŽŶͲ'ĞŶĞƌĂůWƵƌƉŽƐĞ'ƌĂŶƚ ϭ͕ϱϳϭ ϯ͕Ϭϳϲ Victoria Grants Commission - Local Roads Grant 931 ϭ͕ϵϯϰ ,ŽŵĞĂƌĞ ϭ͕Ϭϳϱ ϭ͕Ϭϳϭ Local Road Improvements 989 989 Kindergarten ϲϬϰ ϲϬϳ ŽŵŵƵŶŝƚLJ,ĞĂůƚŚ 412 425 DĂƚĞƌŶĂůΘŚŝůĚ,ĞĂůƚŚ 168 153 ŚŝůĚƌĞŶƐ͛^ĞƌǀŝĐĞƐ 159 26 Library 157 152 KƚŚĞƌ 82 ϴϬ Total Recurrent Grants 6,148 8,513 Non-Recurrent Grants ŽŵŵƵŶŝƚLJ&ĂĐŝůŝƟĞƐ;ŚĂůůƐ͕ĞƚĐͿ ϭ͕ϲϭϰ Ϯ͕ϯϲϭ Economic Development ϭ͕Ϭϭϭ 143 Country Roads & Bridges ϭ͕ϬϬϬ ϭ͕ϬϬϬ Local Roads Improvements 764 9 ŚŝůĚƌĞŶƐ͛^ĞƌǀŝĐĞƐ ϯϬϭ ϲϬϮ zŽƵƚŚWƌŽũĞĐƚƐ ϭϬϮ 67 ŶǀŝƌŽŶŵĞŶƚWƌŽũĞĐƚƐ 81 47 KƚŚĞƌ 65 54 Community Safety 64 95 WƌŽƉĞƌƚLJΘZĂƟŶŐ ϲϬ 33 ŽŵŵƵŶŝƚLJ,ĞĂůƚŚ 41 39 ŵĞƌŐĞŶĐLJDĂŶĂŐĞŵĞŶƚKĸĐĞƌ - 247 dƌĂŶƐƉŽƌƚŽŶŶĞĐƟŽŶƐ - 133 Natural Disaster ;ϳϬͿ ϯϵϬ Total Non-Recurrent Grants 5,033 5,220 Total Grants 11,181 13,733 58 x Golden Plains Shire Annual Report 2013-14 Note 8: Grants (Continued) ŽŶĚŝƟŽŶƐŽŶ'ƌĂŶƚƐ 'ƌĂŶƚƐƌĞĐŽŐŶŝƐĞĚĂƐƌĞǀĞŶƵĞĚƵƌŝŶŐƚŚĞLJĞĂƌƚŚĂƚǁĞƌĞŽďƚĂŝŶĞĚŽŶĐŽŶĚŝƟŽŶƚŚĂƚƚŚĞLJďĞĞdžƉĞŶĚĞĚŝŶĂƐƉĞĐŝĮĞĚŵĂŶŶĞƌ that had not occurred at balance date were: 2014 2013 $’000 $’000 Country Roads & Bridges ϴϯϬ 893 DĞƌĞĚŝƚŚ ĂƌůLJzĞĂƌƐDŝŶŝ,Ƶď 588 ϲϬϬ Meredith Streetscape 336 - ĂŶŶŽĐŬďƵƌŶ ĂƌůLJ>ĞĂƌŶŝŶŐhƉŐƌĂĚĞ ϮϴϬ ϯϬϬ ŚŝůĚƌĞŶƐ͛^ĞƌǀŝĐĞƐ 266 4 ŐĞĚĂŶĚŝƐĂďŝůŝƚLJ^ĞƌǀŝĐĞƐ 259 ϭϲϬ ,ĞĂůƚŚWƌŽŵŽƟŽŶ 221 225 ZŽŬĞǁŽŽĚ ĂƌůLJ>ĞĂƌŶŝŶŐhƉŐƌĂĚĞ ϮϭϬ 228 ,ĂĚĚŽŶ^ƚƌĞĞƚƐĐĂƉĞ 183 - ZŽŬĞǁŽŽĚ^ƚƌĞĞƚƐĐĂƉĞ 138 246 ŽŵŵƵŶŝƚLJ&ĂĐŝůŝƟĞƐ 93 - DĂƵĚĞsŝĞǁŝŶŐWůĂƞŽƌŵ 83 113 ^ƉŽƌƚĂŶĚZĞĐƌĞĂƟŽŶWƌŽũĞĐƚƐ 71 633 Emergency Management 55 517 >ĂŶĚhƐĞWůĂŶŶŝŶŐ 46 44 Youth Development 45 11 Environment 42 1 Teesdale Streetscape ϮϬ ϰϭϬ WƵďůŝĐ,ĞĂůƚŚ 17 - Meredith Visitors Centre 15 - ĂŶŶŽĐŬďƵƌŶƵůƚƵƌĂůĞŶƚƌĞ - 54 ĂŶŶŽĐŬďƵƌŶ,ĞĂǀLJsĞŚŝĐůĞLJWĂƐƐ^ƚƵĚLJ - 6 Economic Development - 91 3,798 4,536 Golden Plains Shire Annual Report 2013-14 x59 Note 8: Grants (Continued) 'ƌĂŶƚƐǁŚŝĐŚǁĞƌĞƌĞĐŽŐŶŝƐĞĚĂƐƌĞǀĞŶƵĞŝŶƉƌŝŽƌLJĞĂƌƐĂŶĚǁĞƌĞĞdžƉĞŶĚĞĚĚƵƌŝŶŐƚŚĞĐƵƌƌĞŶƚLJĞĂƌŝŶƚŚĞŵĂŶŶĞƌƐƉĞĐŝĮĞĚ by the grantor were: 2014 2013 $’000 $’000 Country Roads & Bridges 893 956 ^ƉŽƌƚĂŶĚZĞĐƌĞĂƟŽŶWƌŽũĞĐƚƐ 596 ϯϬϰ Emergency Management 543 8 Teesdale Streetscape ϯϵϬ ϭϬϬ ,ĞĂůƚŚWƌŽŵŽƟŽŶ 225 ϮϬϵ ZŽŬĞǁŽŽĚ^ƚƌĞĞƚƐĐĂƉĞ ϭϬϴ 14 Economic Development 91 ϮϬ ĂŶŶŽĐŬďƵƌŶƵůƚƵƌĂůĞŶƚƌĞ 54 - DĂƵĚĞsŝĞǁŝŶŐWůĂƞŽƌŵ 29 - ŐĞĚĂŶĚŝƐĂďŝůŝƚLJ^ĞƌǀŝĐĞƐ 23 59 ĂŶŶŽĐŬďƵƌŶ ĂƌůLJ>ĞĂƌŶŝŶŐhƉŐƌĂĚĞ ϮϬ - ZŽŬĞǁŽŽĚ ĂƌůLJ>ĞĂƌŶŝŶŐhƉŐƌĂĚĞ 18 - DĞƌĞĚŝƚŚ ĂƌůLJzĞĂƌƐDŝŶŝ,Ƶď 12 - Youth Development 11 11 ĂŶŶŽĐŬďƵƌŶLJƉĂƐƐ^ƚƵĚLJ 6 - ŚŝůĚƌĞŶƐ͛^ĞƌǀŝĐĞƐ 4 ϮϬ Environment 114 ^ƚŽƌŵǁĂƚĞƌƌĂŝŶĂŐĞ͕^ŵLJƚŚĞƐĚĂůĞ - 6 Meredith Visitors Centre - ϭϬϮ >ŝŶƚŽŶdŽǁŶWƌĞĐŝŶĐƚ - 89 >ĂŶĚhƐĞWůĂŶŶŝŶŐ - 6 &ŝƌĞWƌŽƚĞĐƟŽŶ - 5 ĐĐĞƐƐŝďůĞdŽŝůĞƚƐhƉŐƌĂĚĞ - 7 3,024 1,930 EĞƚ;ĚĞĐƌĞĂƐĞͿͬŝŶĐƌĞĂƐĞŝŶƌĞƐƚƌŝĐƚĞĚĂƐƐĞƚƐƌĞƐƵůƟŶŐ ĨƌŽŵŐƌĂŶƚƌĞǀĞŶƵĞƐĨŽƌƚŚĞLJĞĂƌ͗ 774 2,606 ϲϬ x Golden Plains Shire Annual Report 2013-14 Note 9: Contributions And Recoupments 2014 2013 $’000 $’000 Cash WƌŝǀĂƚĞtŽƌŬƐ ϱϵϬ 295 ĞǀĞůŽƉĞƌƐ͛ŽŵŵƵŶŝƚLJŽŶƚƌŝďƵƟŽŶƐ 241 182 Family Day Care - Social Security 157 159 Motor Vehicle Recoupments 119 114 Legal Costs Recouped 99 171 ZĞǀĂůƵĂƟŽŶŽŶƚƌŝďƵƟŽŶͲ^ƚĂƚĞZĞǀĞŶƵĞKĸĐĞ 99 11 ĞǀĞůŽƉĞƌƐ͛ZĞĐƌĞĂƟŽŶ>ĂŶĚƐŽŶƚƌŝďƵƟŽŶƐ 91 98 ,WƌŽũĞĐƚ ϵϬ 85 Kindergarten Reimbursement 78 ϭϬϭ KƚŚĞƌ 54 29 ZĞĐLJĐůŝŶŐŽŶƚƌŝďƵƟŽŶ 44 39 ŽŵŵƵŶŝƚLJŽŶƚƌŝďƵƟŽŶƐ 38 26 KƚŚĞƌ 67 39 ZŽĂĚŽŶƚƌŝďƵƟŽŶƐĨƌŽŵWƌŝǀĂƚĞWĂƌƟĞƐ - ϮϱϬ ZĞĐƌĞĂƟŽŶZĞďĂƚĞƐ - 36 dƌĂŝŶĞĞƐŚŝƉ/ŶĐĞŶƟǀĞ - ϭϬ dŽƚĂůĂƐŚŽŶƚƌŝďƵƟŽŶƐĂŶĚZĞĐŽƵƉŵĞŶƚƐ 1,767 1,645 Non-Cash ^ƵďĚŝǀŝƐŝŽŶƐͲZŽĂĚƐ,ĂŶĚĞĚƚŽŽƵŶĐŝů Ϯ͕ϯϭϭ Ϯ͕ϵϳϰ ƐƐĞƚƐhŶĚĞƌDĂŶĂŐĞŵĞŶƚ 185 175 ĞǀĞůŽƉĞƌƐ͛ZĞĐ>ĂŶĚƐŽŶƚƌŝďƵƟŽŶ ϭϰϬ - ^ƵďĚŝǀŝƐŝŽŶƐͲ>ĂŶĚhŶĚĞƌZŽĂĚƐ,ĂŶĚĞĚƚŽŽƵŶĐŝů 96 213 dŽƚĂůEŽŶͲĂƐŚŽŶƚƌŝďƵƟŽŶƐĂŶĚZĞĐŽƵƉŵĞŶƚƐ 2,732 3,362 dŽƚĂůŽŶƚƌŝďƵƟŽŶƐĂŶĚZĞĐŽƵƉŵĞŶƚƐ 4,499 5,007 Golden Plains Shire Annual Report 2013-14 x61 Note 10: User Fees And Charges 2014 2013 $’000 $’000 Child Care Fees ϭ͕ϭϵϲ 976 ,ŽŵĞĂŶĚŽŵŵƵŶŝƚLJĂƌĞ&ĞĞƐ 286 225 ŶŝŵĂůZĞŐŝƐƚƌĂƟŽŶŚĂƌŐĞƐ 217 ϮϬϱ Subdivision Supervision Fees 118 115 ^ĞƉƟĐdĂŶŬ&ĞĞƐ 88 74 ĂŶŶŽĐŬďƵƌŶ&ĂŵŝůLJ^ĞƌǀŝĐĞƐĞŶƚƌĞŚĂƌŐĞƐ 59 48 Gravel Cartage Levy ϱϬ 28 &ŽŽĚWƌĞŵŝƐĞƐZĞŐŝƐƚƌĂƟŽŶ&ĞĞƐ 49 42 &ĂƌŵĞƌƐDĂƌŬĞƚ&ĞĞƐ 38 28 ĂŶŶŽĐŬďƵƌŶƵůƚƵƌĂůĞŶƚƌĞŚĂƌŐĞƐ 37 24 WůĂŶŶŝŶŐĂŶĚƵŝůĚŝŶŐ&ĞĞƐ 28 ϭϬϲ Rents and Leases 26 25 ^ŵLJƚŚĞƐĚĂůĞ,ƵďŚĂƌŐĞƐ 22 24 KƚŚĞƌ 85 87 dŽƚĂůhƐĞƌ&ĞĞƐĂŶĚŚĂƌŐĞƐ 2,299 2,007 Note 11: Statutory Fees And Fines WůĂŶŶŝŶŐĂŶĚƵŝůĚŝŶŐ&ĞĞƐ ϮϬϱ 188 Infringements and Fines 22 17 >ĂŶĚ/ŶĨŽƌŵĂƟŽŶĞƌƟĮĐĂƚĞƐ 16 14 ƌĂŝŶĂŐĞ/ŶĨŽƌŵĂƟŽŶ&ĞĞƐ 14 15 Failure to Vote Fines - 14 Total Statutory Fees and Fines 257 248 Note 12: Other Income Interest on Investments 345 263 Interest on Rates 81 185 ĞĮŶĞĚĞŶĞĮƚ>ŝĂďŝůŝƚLJ/ŶƚĞƌĞƐƚZĞďĂƚĞ - ϭϬϯ &ŽƵŶĚƐƐĞƚƐ͗Ͳ Land 352 ϵϬϲ Total Other Income 778 1,457 62 x Golden Plains Shire Annual Report 2013-14 Note 13: Net Gain On Disposals 2014 2013 $’000 $’000 Plant and Machinery, and Furniture and Equipment WƌŽĐĞĞĚƐĨƌŽŵŝƐƉŽƐĂůŽĨƐƐĞƚƐ ϵϬϳ ϳϵϬ ĂƌƌLJŝŶŐŵŽƵŶƚŽĨŝƐƉŽƐĞĚƐƐĞƚƐ ;ϴϱϮͿ ;ϴϯϭͿ Net Gain (Loss) on Disposal of Plant and Machinery, and Furniture and Equipment 55 (41) ƵŝůĚŝŶŐƐĂŶĚ>ĂŶĚ WƌŽĐĞĞĚƐĨƌŽŵŝƐƉŽƐĂůŽĨƐƐĞƚƐ 171 - ĂƌƌLJŝŶŐŵŽƵŶƚŽĨŝƐƉŽƐĞĚƐƐĞƚƐ ;ϭϯϲͿ ;ϭϲϴͿ EĞƚ'ĂŝŶ;>ŽƐƐͿŽŶŝƐƉŽƐĂůŽĨƵŝůĚŝŶŐƐ 35 (168) EŽŶͲƵƌƌĞŶƚƐƐĞƚƐ,ĞůĚĨŽƌ^ĂůĞͲ>ĂŶĚ WƌŽĐĞĞĚƐĨƌŽŵ^ĂůĞŽĨƐƐĞƚƐ 165 719 ĂƌƌLJŝŶŐŵŽƵŶƚŽĨŝƐƉŽƐĞĚƐƐĞƚƐ ;ϰϬͿ ;ϭϰϭͿ Net Gain on Disposal of Non-Current Assets Held for Sale - Land 125 578 Total Net Gain on Disposals 215 369 Note 14: Investment In Associate ƋƵŝƚLJŝŶ'ĞĞůŽŶŐZĞŐŝŽŶĂů>ŝďƌĂƌLJ;'Z>Ϳ ϴϯϬ 887 Total Investment in Associate 830 887 DŽǀĞŵĞŶƚŝŶĂƌƌLJŝŶŐsĂůƵĞŽĨ^ƉĞĐŝĮĐ/ŶǀĞƐƚŵĞŶƚ Carrying value of investment at start of year 887 766 Share of surplus for year 7121 ZĞƚƵƌŶŽĨWƌŝŽƌzĞĂƌ ƋƵŝƚLJŽŶƚƌŝďƵƟŽŶ ;ϲϰͿ - ĂƌƌLJŝŶŐsĂůƵĞŽĨ/ŶǀĞƐƚŵĞŶƚĂƚ ŶĚŽĨzĞĂƌ 830 887 ŽƵŶĐŝů͛ƐƐŚĂƌĞŽĨƚŚĞŶĞƚĞƋƵŝƚLJŝŶ'Z>ŝƐϳ͘ϴй;ϵ͘ϭйϮϬϭϯͿ͘dŚĞ'Z>ŽĂƌĚŝƐĐŽŵƉƌŝƐĞĚŽĨƐĞǀĞŶƌĞƉƌĞƐĞŶƚĂƟǀĞƐĨƌŽŵĨŽƵƌ ŵĞŵďĞƌŽƵŶĐŝůƐ͘'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞŽƵŶĐŝůŚĂƐŽŶĞƌĞƉƌĞƐĞŶƚĂƟǀĞŽŶƚŚĞ'Z>ŽĂƌĚ͘ Golden Plains Shire Annual Report 2013-14 x63 Note 15: Materials And Services 2014 2013 $’000 $’000 ĞůŝǀĞƌLJŽĨWƌŽũĞĐƚƐĂŶĚ^ĞƌǀŝĐĞƐ Ϯ͕ϬϭϮ ϭ͕ϲϳϯ Contractors and Consultants ϭ͕ϵϱϯ ϭ͕ϭϭϰ General Maintenance ϭ͕ϵϭϵ ϭ͕ϳϰϵ 'ĂƌďĂŐĞKƉĞƌĂƟŽŶƐ ϭ͕ϲϰϱ ϭ͕ϰϳϮ KƚŚĞƌ džƉĞŶƐĞƐ 776 764 sĞŚŝĐůĞĂŶĚDĂĐŚŝŶĞƌLJKƉĞƌĂƟŽŶƐ 682 669 Building Maintenance 523 238 /ŶĨŽƌŵĂƟŽŶdĞĐŚŶŽůŽŐLJKƉĞƌĂƟŽŶƐ ϯϱϬ 366 hƟůŝƟĞƐ 292 272 dĞůĞĐŽŵŵƵŶŝĐĂƟŽŶƐ 239 255 Insurance 237 221 WƌŝŶƟŶŐ͕^ƚĂƟŽŶĞƌLJĂŶĚWŽƐƚĂŐĞ 231 227 Cleaning 191 159 ĞďƚŽůůĞĐƟŽŶĂŶĚ>ĞŐĂů&ĞĞƐ 189 274 Training 167 146 'ƌĂǀĞůWŝƚKƉĞƌĂƟŽŶƐ 154 63 ĚǀĞƌƟƐŝŶŐ ϭϬϯ 99 dƌĂĸĐDĂŶĂŐĞŵĞŶƚ 64 55 ůĞĐƟŽŶ džƉĞŶƐĞƐ 2 99 Total Materials and Services 11,729 9,915 Note 16: Employee Benefits dŽƚĂůĞŵƉůŽLJĞĞĐŽƐƚƐŝŶĐůƵĚĞƐǁĂŐĞƐĂŶĚƌĞůĂƚĞĚŽŶĐŽƐƚƐŝŶĐƵƌƌĞĚŝŶŽƉĞƌĂƟŶŐĂĐƟǀŝƟĞƐĂƐǁĞůůĂƐƚŚĞĐŽŶƐƚƌƵĐƟŽŶŽĨŶŽŶͲ ĐƵƌƌĞŶƚĂƐƐĞƚƐƚŚĂƚŚĂǀĞďĞĞŶĐĂƉŝƚĂůŝƐĞĚŝŶƚŚĞĂůĂŶĐĞ^ŚĞĞƚ͘ tĂŐĞƐĂŶĚ^ĂůĂƌŝĞƐ ϭϭ͕ϲϬϮ ϭϬ͕ϯϳϳ ^ƵƉĞƌĂŶŶƵĂƟŽŶ;ŶŶƵĂůŽŶƚƌŝďƵƟŽŶƐͿ ϭ͕ϭϰϬ 996 ŶŶƵĂů>ĞĂǀĞĂŶĚ>ŽŶŐ^ĞƌǀŝĐĞ>ĞĂǀĞ ϭ͕ϯϱϰ ϭ͕Ϯϭϲ &ƌŝŶŐĞĞŶĞĮƚƐdĂdž 164 146 tŽƌŬĐŽǀĞƌWƌĞŵŝƵŵĂŶĚůĂŝŵƐŽƐƚƐ 185 122 KƚŚĞƌ 16 18 dŽƚĂů ŵƉůŽLJĞĞĞŶĞĮƚƐ 14,461 12,875 >ĞƐƐ ŵƉůŽLJĞĞĞŶĞĮƚƐŚĂƌŐĞĚƚŽĂƉŝƚĂů ;ϯϳϬͿ ;ϮϳϵͿ dŽƚĂů ŵƉůŽLJĞĞĞŶĞĮƚƐĂƐƉĞƌŽŵƉƌĞŚĞŶƐŝǀĞ/ŶĐŽŵĞ^ƚĂƚĞŵĞŶƚ 14,091 12,596 64 x Golden Plains Shire Annual Report 2013-14 Note 17: Depreciation 2014 2013 $’000 $’000 ĞƉƌĞĐŝĂƟŽŶǁĂƐĐŚĂƌŐĞĚŝŶƌĞƐƉĞĐƚŽĨ͗ /ŶĨƌĂƐƚƌƵĐƚƵƌĞƐƐĞƚƐ Ϯ͕ϲϰϲ Ϯ͕ϱϳϬ WůĂŶƚĂŶĚDĂĐŚŝŶĞƌLJ 994 ϭ͕ϬϬϲ Buildings ϳϬϵ 694 Furniture and Equipment 258 265 KƚŚĞƌ^ƚƌƵĐƚƵƌĞƐ 218 195 'ƌĂǀĞůWŝƚZĞŚĂďŝůŝƚĂƟŽŶ 55 dŽƚĂůĞƉƌĞĐŝĂƟŽŶ džƉĞŶƐĞ 4,830 4,735 Note 18: Other Expenses ŽƵŶĐŝůůŽƌƐ͛ůůŽǁĂŶĐĞƐ 178 172 ƵĚŝƚĨĞĞƚŽĐŽŶĚƵĐƚĞdžƚĞƌŶĂůĂƵĚŝƚͲs'K 41 42 /ŶƚĞƌŶĂůƵĚŝƚ&ĞĞƐ 25 18 Total Other Expenses 244 232 Note 19: Bad Debts Long Day Care 42 ,ŽŵĞĂƌĞ 1- Total Bad Debts 5 2 Note 20: Cash And Cash Equivalents ĂƐŚĂƚĂŶŬ ϭ͕ϭϯϭ ϭ͕ϯϲϵ Short Term Deposits ϱϬϬ ϰ͕ϱϬϬ ƚĂůůĞƉŽƐŝƚƐ Ϯ͕ϯϬϬ ϯ͕ϰϴϬ ĂƐŚŽŶ,ĂŶĚ 33 Total Cash and Cash Equivalents 3,934 9,352 Note 21: Other Financial Assets Term Deposits > 90 days 6,000 - ĂƐŚĂŶĚĂƐŚ ƋƵŝǀĂůĞŶƚƐ^ƵďũĞĐƚƚŽZĞƐƚƌŝĐƟŽŶƐ͗ ŽƵŶĐŝůƐĐĂƐŚĂŶĚĐĂƐŚĞƋƵŝǀĂůĞŶƚƐƚŚĂƚĂƌĞƐƵďũĞĐƚƚŽĂŶŝŶƚĞƌŶĂůŽƌĞdžƚĞƌŶĂůƌĞƐƚƌŝĐƟŽŶƚŚĂƚůŝŵŝƚƐĂŵŽƵŶƚƐĂǀĂŝůĂďůĞĨŽƌ ĚŝƐĐƌĞƟŽŶĂƌLJŽƌĨƵƚƵƌĞƵƐĞ͘dŚĞƐĞŝŶĐůƵĚĞ͗ ŽŶĚŝƟŽŶĂů'ƌĂŶƚƐ;ŶŽƚĞϴͿ ϯ͕ϳϵϴ ϰ͕ϱϯϲ dƌƵƐƚĨƵŶĚƐĂŶĚĚĞƉŽƐŝƚƐ;ŶŽƚĞϮϴͿ 133 171 >ŽŶŐ^ĞƌǀŝĐĞ>ĞĂǀĞ/ŶǀĞƐƚŵĞŶƚĐĐŽƵŶƚ;ŝŶƚĞƌŶĂůƌĞƐƚƌŝĐƟŽŶͿ ϭ͕ϲϮϯ ϭ͕ϯϳϰ Total Restricted Funds ϱ͕ϱϱϰ ϲ͕Ϭϴϭ Total unrestricted cash and cash equivalents 4,380 3,271 Golden Plains Shire Annual Report 2013-14 x65 Note 22: Trade And Other Receivables 2014 2013 $’000 $’000 Rate Debtors ϭ͕Ϯϰϰ ϭ͕Ϯϳϱ KƚŚĞƌĞďƚŽƌƐ ϭ͕ϲϲϵ ϭ͕ϵϱϯ ĐĐƌƵĞĚ/ŶĐŽŵĞ 199 115 Total Trade and Other Receivables 3,112 3,343 Note 23: Inventory - Consumables ^ƚŽĐŬŽŶ,ĂŶĚ 22 21 Total Inventory - Consumables 22 21 Note 24: Non-Current Assets Classified As Held For Sale ĂŬĞƌƐ>ĂŶĞ^ƚĂŐĞϯ -35 ĂŬĞƌƐ>ĂŶĞ^ƚĂŐĞϰ 322 322 dŽƚĂůEŽŶͲƵƌƌĞŶƚƐƐĞƚƐůĂƐƐŝĮĞĚĂƐ,ĞůĚĨŽƌ^ĂůĞ 322 357 Note 25: Trade And Other Payables Trade Creditors ϭ͕ϭϲϮ 952 ĐĐƌƵĞĚ džƉĞŶĚŝƚƵƌĞ ϲϬϮ 312 Total Trade and Other Payables 1,764 1,264 Note 26: Interest-Bearing Liabilities And Borrowings Current ĂŶŬ>ŽĂŶ^ĞĐƵƌĞĚŽǀĞƌŽƵŶĐŝů͛ƐZĂƚĞƐĂŶĚŚĂƌŐĞƐ 433 ϱϬϴ dŽƚĂů/ŶƚĞƌĞƐƚͲĞĂƌŝŶŐ>ŽĂŶƐĂŶĚŽƌƌŽǁŝŶŐƐͲƵƌƌĞŶƚ 433 508 Non-Current ĂŶŬ>ŽĂŶ^ĞĐƵƌĞĚŽǀĞƌŽƵŶĐŝů͛ƐZĂƚĞƐĂŶĚŚĂƌŐĞƐ ϱ͕ϵϰϮ ϰ͕ϱϮϲ dŽƚĂů/ŶƚĞƌĞƐƚͲĞĂƌŝŶŐ>ŽĂŶƐĂŶĚŽƌƌŽǁŝŶŐƐͲEŽŶͲƵƌƌĞŶƚ 5,942 4,526 dŚĞDĂƚƵƌŝƚLJWƌŽĮůĞĨŽƌŽƵŶĐŝů͛Ɛ/ŶƚĞƌĞƐƚͲĞĂƌŝŶŐ>ŽĂŶƐĂŶĚŽƌƌŽǁŝŶŐƐŝƐ͗ EŽƚ>ĂƚĞƌdŚĂŶKŶĞzĞĂƌ 433 ϱϬϴ >ĂƚĞƌdŚĂŶKŶĞzĞĂƌĂŶĚEŽƚ>ĂƚĞƌdŚĂŶ&ŝǀĞzĞĂƌƐ ϭ͕ϬϴϬ ϭ͕ϲϴϬ Later Than Five Years ϰ͕ϴϲϮ Ϯ͕ϴϰϲ dŽƚĂů/ŶƚĞƌĞƐƚͲĞĂƌŝŶŐ>ŽĂŶƐĂŶĚŽƌƌŽǁŝŶŐƐ 6,375 5,034 66 x Golden Plains Shire Annual Report 2013-14 Note 27: Provisions Rostered Annual >ŽŶŐ^ĞƌǀŝĐĞ ZĞŚĂďŝůŝƚĂƟŽŶ ĂLJƐKī Leave Leave Works $’000 $’000 $’000 $’000 2014 ĂůĂŶĐĞĂƚĞŐŝŶŶŝŶŐŽĨZĞƉŽƌƟŶŐWĞƌŝŽĚ - 961 ϭ͕ϲϯϵ ϭϬϳ ĚĚŝƟŽŶĂůWƌŽǀŝƐŝŽŶƐ 73 ϭ͕ϭϯϴ 457 - ŵŽƵŶƚƐhƐĞĚ - ;ϭ͕ϬϰϴͿ ;ϭϲϮͿ - ĂůĂŶĐĞĂƚ ŶĚŽĨZĞƉŽƌƟŶŐWĞƌŝŽĚ 73 1,051 1,934 107 2013 ĂůĂŶĐĞĂƚĞŐŝŶŶŝŶŐŽĨZĞƉŽƌƟŶŐWĞƌŝŽĚ - 887 ϭ͕ϱϲϮ 113 ĚĚŝƟŽŶĂůWƌŽǀŝƐŝŽŶƐ - 935 281 - ŵŽƵŶƚƐhƐĞĚ - ;ϴϲϭͿ ;ϮϬϰͿ ;ϲͿ ĂůĂŶĐĞĂƚ ŶĚŽĨZĞƉŽƌƟŶŐWĞƌŝŽĚ - 961 1,639 107 2014 2013 $’000 $’000 ƵƌƌĞŶƚWƌŽǀŝƐŝŽŶƐĞdžƉĞĐƚĞĚƚŽďĞƐĞƩůĞĚǁŝƚŚŝŶϭϮŵŽŶƚŚƐ ZŽƐƚĞƌĞĚĂLJƐKī 73 - ŵƉůŽLJĞĞĞŶĞĮƚƐͲŶŶƵĂů>ĞĂǀĞWƌŽǀŝƐŝŽŶ ϴϰϬ 768 ŵƉůŽLJĞĞĞŶĞĮƚƐͲ>ŽŶŐ^ĞƌǀŝĐĞ>ĞĂǀĞWƌŽǀŝƐŝŽŶ 167 ϮϬϵ ZĞŚĂďŝůŝƚĂƟŽŶŽĨ'ƌĂǀĞůWŝƚƐ 15 15 dŽƚĂůƵƌƌƌĞŶƚWƌŽǀŝƐŝŽŶƐĞdžƉĞĐƚĞĚƚŽďĞƐĞƩůĞĚǁŝƚŚŝŶϭϮŵŽŶƚŚƐ 1,095 992 ƵƌƌĞŶƚWƌŽǀŝƐŝŽŶƐĞdžƉĞĐƚĞĚƚŽďĞƐĞƩůĞĚĂŌĞƌϭϮŵŽŶƚŚƐ ŵƉůŽLJĞĞĞŶĞĮƚƐͲŶŶƵĂů>ĞĂǀĞWƌŽǀŝƐŝŽŶ 211 193 ŵƉůŽLJĞĞĞŶĞĮƚƐͲ>ŽŶŐ^ĞƌǀŝĐĞ>ĞĂǀĞWƌŽǀŝƐŝŽŶ ϭ͕ϯϬϯ ϭ͕Ϭϭϳ dŽƚĂůƵƌƌƌĞŶƚWƌŽǀŝƐŝŽŶƐĞdžƉĞĐƚĞĚƚŽďĞƐĞƩůĞĚĂŌĞƌϭϮŵŽŶƚŚƐ 1,514 1,210 Total Current Provisions 2,609 2,202 Non-Current Provisions ŵƉůŽLJĞĞĞŶĞĮƚƐͲ>ŽŶŐ^ĞƌǀŝĐĞ>ĞĂǀĞWƌŽǀŝƐŝŽŶ 464 413 ZĞŚĂďŝůŝƚĂƟŽŶŽĨ'ƌĂǀĞůWŝƚƐ 92 92 Total Non-Current Provisions 556 505 dŚĞĨŽůůŽǁŝŶŐĂƐƐƵŵƉƟŽŶƐǁĞƌĞĂĚŽƉƚĞĚŝŶŵĞĂƐƵƌŝŶŐƚŚĞƉƌĞƐĞŶƚǀĂůƵĞŽĨĞŵƉůŽLJĞĞďĞŶĞĮƚƐ͗ tĞŝŐŚƚĞĚĂǀĞƌĂŐĞŝŶĐƌĞĂƐĞŝŶĞŵƉůŽLJĞĞĐŽƐƚƐ ϰ͘ϰϰй ϰ͘ϱϬй tĞŝŐŚƚĞĚĂǀĞƌĂŐĞĚŝƐĐŽƵŶƚƌĂƚĞƐ ϯ͘ϯϲй ϯ͘ϱϲй tĞŝŐŚƚĞĚĂǀĞƌĂŐĞƐĞƩůĞŵĞŶƚƉĞƌŝŽĚ 11 11 hŶĚĞƌĂŐƌĞĞŵĞŶƚŽƵŶĐŝůŝƐŽďůŝŐĂƚĞĚƚŽƌĞƐƚŽƌĞƚŚĞĞDŽƩƐĂŶĚ^ĂŐŽ,ŝůůŐƌĂǀĞůƉŝƚƐŝƚĞƐƚŽĂƉĂƌƟĐƵůĂƌƐƚĂŶĚĂƌĚ͘Ğ DŽƩƐŐƌĂǀĞůƉŝƚŚĂƐĐĞĂƐĞĚŽƉĞƌĂƟŽŶƐ͘ƵƌƌĞŶƚƉƌŽũĞĐƟŽŶƐŝŶĚŝĐĂƚĞƚŚĂƚƚŚĞ^ĂŐŽ,ŝůůŐƌĂǀĞůƉŝƚǁŝůůĐĞĂƐĞŽƉĞƌĂƟŽŶŝŶϮϬϮϱ ďƵƚƌĞƐƚŽƌĂƟŽŶǁŽƌŬŚĂƐĂůƌĞĂĚLJĐŽŵŵĞŶĐĞĚ͘dŚĞƉƌŽǀŝƐŝŽŶĨŽƌƌĞŚĂďŝůŝƚĂƟŽŶŽĨŐƌĂǀĞůƉŝƚƐŚĂƐďĞĞŶďĂƐĞĚŽŶƚŚĞƉƌĞƐĞŶƚ ǀĂůƵĞŽĨƚŚĞĞdžƉĞĐƚĞĚĐŽƐƚŽĨǁŽƌŬƐƚŽďĞƵŶĚĞƌƚĂŬĞŶ͘dŚĞĞdžƉĞĐƚĞĚĐŽƐƚŽĨǁŽƌŬƐŚĂƐďĞĞŶĞƐƟŵĂƚĞĚďĂƐĞĚŽŶĐƵƌƌĞŶƚ ƵŶĚĞƌƐƚĂŶĚŝŶŐŽĨǁŽƌŬƌĞƋƵŝƌĞĚƚŽƌĞŝŶƐƚĂƚĞƚŚĞƐŝƚĞƚŽĂƐƵŝƚĂďůĞƐƚĂŶĚĂƌĚ͘ĐĐŽƌĚŝŶŐůLJ͕ƚŚĞĞƐƟŵĂƟŽŶŽĨƚŚĞƉƌŽǀŝƐŝŽŶ ƌĞƋƵŝƌĞĚŝƐĚĞƉĞŶĚĞŶƚŽŶƚŚĞĂĐĐƵƌĂĐLJŽĨƚŚĞĨŽƌĞĐĂƐƚƟŵŶŐŽĨƚŚĞǁŽƌŬ͕ǁŽƌŬƌĞƋƵŝƌĞĚĂŶĚƌĞůĂƚĞĚĐŽƐƚƐ͘ Golden Plains Shire Annual Report 2013-14 x67 Note 28: Trust Funds And Deposits 2014 2013 $’000 $’000 ŽŶƚƌĂĐƚŽƌƐZĞƚĞŶƟŽŶ - 5 ZĞĨƵŶĚĂďůĞWůĂŶŶŝŶŐĞƉŽƐŝƚƐ ϭϬϱ 118 Refundable Building Deposits ϮϬ 38 Refundable Community Group Deposits 5 5 ZĞĨƵŶĚĂďůĞKƚŚĞƌĞƉŽƐŝƚƐ 35 Total Trust Funds and Deposits 133 171 Note 29: Property, Infrastructure, Plant And Equipment Summary ƚŽƐƚ ϭϱ͕ϵϵϭ ϰϰ͕ϰϱϴ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ ϰ͕ϯϮϰ ϱ͕ϲϱϬ ϭϭ͕ϲϲϳ ϯϴ͕ϴϬϴ ƚ&ĂŝƌsĂůƵĞϯϬ:ƵŶĞϮϬϭϰ ϰϵϭ͕ϳϲϵ - ƚ&ĂŝƌsĂůƵĞϯϬ:ƵŶĞϮϬϬϵ - ϮϮϭ͕Ϯϭϯ ƚ&ĂŝƌsĂůƵĞϯϬ:ƵŶĞϮϬϬϳ ϭ͕ϳϯϯ ϭ͕ϳϯϯ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ ϵϲ͕ϭϮϰ ϱϲ͕ϵϵϭ ϯϵϳ͕ϯϳϴ ϭϲϱ͕ϵϱϱ Total Property, Infrastructure, Plant and Equipment 409,045 204,763 Land ƚŽƐƚ - 516 ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ Ϯϯ͕ϭϵϱ - ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϵ - ϭϵ͕ϵϲϱ Ϯϯ͕ϭϵϱ ϮϬ͕ϰϴϭ Land Under Roads ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ 588 - ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϵ - ϰϬϱ 588 ϰϬϱ ƵŝůĚŝŶŐƐ ƚŽƐƚ - ϱ͕ϰϰϬ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ - 163 - ϱ͕Ϯϳϳ ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ ϰϭ͕ϳϮϰ - ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϵ - ϯϬ͕ϵϮϮ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ ϭϮ͕ϯϭϵ ϵ͕ϲϵϰ Ϯϵ͕ϰϬϱ Ϯϭ͕ϮϮϴ 68 x Golden Plains Shire Annual Report 2013-14 Note 29: Property, Infrastructure, Plant And Equipment (Continued) 2014 2013 $’000 $’000 Other Structures ƚŽƐƚ - ϭ͕ϳϵϱ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ - 87 - ϭ͕ϳϬϴ ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ ϲ͕Ϯϳϰ - ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϵ - ϯ͕ϵϯϲ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ ϭ͕ϲϴϵ ϭ͕ϯϲϳ ϰ͕ϱϴϱ Ϯ͕ϱϲϵ ĞƚĂŝůƐŽĨŽƵŶĐŝů͛ƐůĂŶĚĂŶĚďƵŝůĚŝŶŐƐĂŶĚŝŶĨŽƌŵĂƟŽŶĂďŽƵƚƚŚĞĨĂŝƌǀĂůƵĞŚŝĞƌĂƌĐŚLJĂƐĂƚϯϬ:ƵŶĞϮϬϭϰĂƌĞĂƐĨŽůůŽǁƐ͗ Level 1Level 2Level 3 $’000 $’000 $’000 Land - Ϯϯ͕ϭϵϱ - >ĂŶĚhŶĚĞƌZŽĂĚƐ - - 588 Buildings - Ϯ͕ϱϲϮ Ϯϲ͕ϴϰϯ KƚŚĞƌ^ƚƌƵĐƚƵƌĞƐ - ϮϬϰ ϰ͕ϯϴϭ dŽƚĂůƐ͗ - 25,961 31,812 No transfers between levels occurred during the year tŽƌŬŝŶWƌŽŐƌĞƐƐ ƵŝůĚŝŶŐƐĂŶĚƵŝůĚŝŶŐ/ŵƉƌŽǀĞŵĞŶƚƐƚŽƐƚ 737 34 /ŶĨƌĂƐƚƌƵĐƚƵƌĞƚŽƐƚ ϱ͕ϭϱϭ 331 KƚŚĞƌ^ƚƌƵĐƚƵƌĞƐ ϭ͕ϭϱϰ 13 ϳ͕ϬϰϮ 378 Furniture and Equipment ƚŽƐƚ Ϯ͕ϭϳϴ Ϯ͕ϭϵϴ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ ϭ͕ϱϱϳ ϭ͕ϱϵϯ 621 ϲϬϱ Plant and Machinery ƚŽƐƚ ϲ͕ϱϰϲ ϲ͕ϱϲϰ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ Ϯ͕ϳϮϮ Ϯ͕ϰϭϭ ϯ͕ϴϮϰ ϰ͕ϭϱϯ 'ƌĂǀĞůWŝƚZĞŚĂďŝůŝƚĂƟŽŶ ƚŽƐƚ ϭϬϬ ϭϬϬ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ ϰϬ 35 ϲϬ 65 Golden Plains Shire Annual Report 2013-14 x69 Note 29: Property, Infrastructure, Plant And Equipment (Continued) 2014 2013 $’000 $’000 Infrastructure Footpaths ƚŽƐƚ - ϯ͕ϰϵϮ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ - ϭϬϱ - ϯ͕ϯϴϳ ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ ϴ͕Ϯϴϵ - ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϵ - ϰ͕Ϭϳϯ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ ϭ͕ϬϮϭ ϵϬϳ ϳ͕Ϯϲϴ ϯ͕ϭϲϲ Sealed Pavements ƚŽƐƚ - ϭϬ͕ϳϱϴ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ - 152 - ϭϬ͕ϲϬϲ ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ ϮϬϬ͕ϴϬϭ - ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϵ - ϴϵ͕ϱϳϬ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ ϰϵ͕ϰϲϵ ϮϬ͕ϳϮϲ ϭϱϭ͕ϯϯϮ ϲϴ͕ϴϰϰ Unsealed Pavements ƚŽƐƚ - ϭ͕ϯϳϯ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ - 88 - ϭ͕Ϯϴϱ ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ ϰϯ͕ϲϵϰ - ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϵ - ϭϮ͕Ϯϵϲ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ ϯ͕ϮϮϵ Ϯ͕ϴϬϱ ϰϬ͕ϰϲϱ ϵ͕ϰϵϭ Sealed Surfaces ƚŽƐƚ - ϴ͕Ϯϲϯ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ - 958 - ϳ͕ϯϬϱ ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ Ϯϴ͕ϮϯϬ - ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϵ - ϭϱ͕ϱϱϵ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ ϭϭ͕Ϭϳϲ ϴ͕ϵϱϮ ϭϳ͕ϭϱϰ ϲ͕ϲϬϳ ^ĞĂůĞĚ&ŽƌŵĂƟŽŶƐ ƚŽƐƚ - 492 >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ - - - 492 ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ ϳϱ͕ϮϱϬ - ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϵ - ϭϱ͕Ϯϵϴ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ - - ϳϱ͕ϮϱϬ ϭϱ͕Ϯϵϴ ϳϬ x Golden Plains Shire Annual Report 2013-14 Note 29: Property, Infrastructure, Plant And Equipment (Continued) 2014 2013 $’000 $’000 hŶƐĞĂůĞĚ&ŽƌŵĂƟŽŶƐ ƚŽƐƚ - 1 >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ - - - 1 ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ Ϯϲ͕ϰϱϯ - ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϵ - ϱ͕ϴϯϴ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ - - Ϯϲ͕ϰϱϯ ϱ͕ϴϯϴ Kerb and Channel ƚŽƐƚ - 885 >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ - 14 - 871 ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ ϯ͕ϳϯϱ - ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϵ - Ϯ͕Ϭϯϳ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ 566 477 ϯ͕ϭϲϵ ϭ͕ϱϲϬ ƌŝĚŐĞƐĂŶĚDĂũŽƌƵůǀĞƌƚƐ ƚŽƐƚ - Ϯ͕Ϭϳϵ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ - 42 - Ϯ͕Ϭϯϳ ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ ϯϯ͕ϱϯϲ - ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϵ - Ϯϭ͕ϯϭϱ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ ϭϱ͕ϴϱϮ ϭϭ͕ϭϵϰ ϭϳ͕ϲϴϰ ϭϬ͕ϭϮϭ hŶĚĞƌŐƌŽƵŶĚƌĂŝŶĂŐĞ ƚŽƐƚ 125 125 >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ 5 2 ϭϮϬ 123 ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϳ ϭ͕ϳϯϯ ϭ͕ϳϯϯ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ ϵϬϰ ϴϳϬ 829 863 Total Infrastructure ƚŽƐƚ 125 Ϯϳ͕ϰϲϴ ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ ϰϭϵ͕ϵϴϴ - ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϵ - ϭϲϱ͕ϵϴϱ ƚ&ĂŝƌsĂůƵĞĂƐĂƚϯϬ:ƵŶĞϮϬϬϳ ϭ͕ϳϯϯ ϭ͕ϳϯϯ >ĞƐƐĐĐƵŵƵůĂƚĞĚĞƉƌĞĐŝĂƟŽŶ ϴϮ͕ϭϮϭ ϰϳ͕Ϯϵϭ Total Infrastructure 339,725 147,895 Total Property, Infrastructure, Plant and Equipment 409,045 204,763 Golden Plains Shire Annual Report 2013-14 x71 Note 29: Property, Infrastructure, Plant And Equipment (Continued) ĞƚĂŝůƐŽĨŽƵŶĐŝů͛ƐŝŶĨƌĂƐƚƌƵĐƚƵƌĞĂŶĚŝŶĨŽƌŵĂƟŽŶĂďŽƵƚƚŚĞĨĂŝƌǀĂůƵĞŚŝĞƌĂƌĐŚLJĂƐĂƚϯϬ:ƵŶĞϮϬϭϰĂƌĞĂƐĨŽůůŽǁƐ͗ Level 1Level 2Level 3 $'000 $'000 $'000 Roads - - ϯϭϯ͕ϴϮϰ Bridges - - ϭϳ͕ϲϴϰ Footpaths - - ϳ͕Ϯϲϴ Drainage - - 949 dŽƚĂůƐ͗ - - 339,725 No transfers between levels occurred during the year sĂůƵĂƟŽŶĂƐŝƐ EŽŶͲƐƉĞĐŝĂůŝƐĞĚůĂŶĚ͕ŶŽŶͲƐƉĞĐŝĂůŝƐĞĚďƵŝůĚŝŶŐƐ EŽŶͲƐƉĞĐŝĂůŝƐĞĚůĂŶĚĂŶĚŶŽŶͲƐƉĞĐŝĂůŝƐĞĚďƵŝůĚŝŶŐƐĂƌĞǀĂůƵĞĚƵƐŝŶŐƚŚĞŵĂƌŬĞƚďĂƐĞĚĚŝƌĞĐƚĐŽŵƉĂƌŝƐŽŶŵĞƚŚŽĚ͘hŶĚĞƌƚŚŝƐ ǀĂůƵĂƟŽŶŵĞƚŚŽĚ͕ƚŚĞĂƐƐĞƚƐĂƌĞĐŽŵƉĂƌĞĚƚŽƌĞĐĞŶƚĐŽŵƉĂƌĂďůĞƐĂůĞƐŽƌƐĂůĞƐŽĨĐŽŵƉĂƌĂďůĞĂƐƐĞƚƐǁŚŝĐŚĂƌĞĐŽŶƐŝĚĞƌĞĚ ƚŽŚĂǀĞŶŽŵŝŶĂůŽƌŶŽĂĚĚĞĚŝŵƉƌŽǀĞŵĞŶƚǀĂůƵĞ͘ &ŽƌŶŽŶͲƐƉĞĐŝĂůŝƐĞĚůĂŶĚĂŶĚŶŽŶͲƐƉĞĐŝĂůŝƐĞĚďƵŝůĚŝŶŐƐ͕ĂŶŝŶĚĞƉĞŶĚĞŶƚǀĂůƵĂƟŽŶǁĂƐƉĞƌĨŽƌŵĞĚďLJDƌ^ƚĞƉŚĞŶĂǀĞLJ W/ƌĞŐŝƐƚĞƌĞĚĞƌƟĮĞĚWƌĂĐƟƐŝŶŐsĂůƵĞƌƚŽĚĞƚĞƌŵŝŶĞƚŚĞĨĂŝƌǀĂůƵĞƵƐŝŶŐƚŚĞŵĂƌŬĞƚďĂƐĞĚĚŝƌĞĐƚĐŽŵƉĂƌŝƐŽŶŵĞƚŚŽĚ͘ sĂůƵĂƟŽŶŽĨƚŚĞĂƐƐĞƚƐǁĂƐĚĞƚĞƌŵŝŶĞĚďLJĂŶĂůLJƐŝŶŐĐŽŵƉĂƌĂďůĞƐĂůĞƐĂŶĚĂůůŽǁŝŶŐĨŽƌƐŚĂƌĞ͕ƐŝnjĞ͕ƚŽƉŽŐƌĂƉŚLJ͕ůŽĐĂƟŽŶĂŶĚ ŽƚŚĞƌƌĞůĞǀĂŶƚĨĂĐƚŽƌƐƐƉĞĐŝĮĐƚŽƚŚĞĂƐƐĞƚďĞŝŶŐǀĂůƵĞĚ͘&ƌŽŵƚŚĞƐĂůĞƐĂŶĂůLJƐĞĚ͕ĂŶĂƉƉƌŽƉƌŝĂƚĞƌĂƚĞƉĞƌƐƋƵĂƌĞŵĞƚƌĞŚĂƐ ďĞĞŶĂƉƉůŝĞĚƚŽƚŚĞƐƵďũĞĐƚĂƐƐĞƚ͘dŚĞĞīĞĐƟǀĞĚĂƚĞŽĨƚŚĞǀĂůƵĂƟŽŶŝƐϯϬ:ƵŶĞϮϬϭϰ͘dŽƚŚĞĞdžƚĞŶƚƚŚĂƚŶŽŶͲƐƉĞĐŝĂůŝƐĞĚůĂŶĚ ĂŶĚŶŽŶͲƐƉĞĐŝĂůŝƐĞĚďƵŝůĚŝŶŐƐĚŽŶŽƚĐŽŶƚĂŝŶƐŝŐŶŝĮĐĂŶƚ͕ƵŶŽďƐĞƌǀĂďůĞĂĚũƵƐƚŵĞŶƚƐ͕ƚŚĞƐĞĂƐƐĞƚƐĂƌĞĐůĂƐƐŝĮĞĚĂƐ>ĞǀĞůϮ ƵŶĚĞƌƚŚĞŵĂƌŬĞƚďĂƐĞĚĚŝƌĞĐƚĐŽŵƉĂƌŝƐŽŶĂƉƉƌŽĂĐŚ͘ Specialised land and specialised buildings dŚĞŵĂƌŬĞƚďĂƐĞĚĚŝƌĞĐƚĐŽŵƉĂƌŝƐŽŶŵĞƚŚŽĚŝƐĂůƐŽƵƐĞĚĨŽƌƐƉĞĐŝĂůŝƐĞĚůĂŶĚĂůƚŚŽƵŐŚŝƐĂĚũƵƐƚĞĚƚŽƌĞŇĞĐƚƚŚĞƐƉĞĐŝĂůŝƐĞĚ ŶĂƚƵƌĞŽĨƚŚĞĂƐƐĞƚƐďĞŝŶŐǀĂůƵĞĚ͘&ŽƌŽƵŶĐŝůƐƉĞĐŝĂůŝƐĞĚďƵŝůĚŝŶŐƐ͕ƚŚĞĚĞƉƌĞĐŝĂƚĞĚƌĞƉůĂĐĞŵĞŶƚĐŽƐƚŵĞƚŚŽĚŝƐƵƐĞĚ͕ ĂĚũƵƐƟŶŐĨŽƌƚŚĞĂƐƐŽĐŝĂƚĞĚĚĞƉƌĞĐŝĂƟŽŶƐ͘^ƉĞĐŝĂůŝƐĞĚĂƐƐĞƚƐĐŽŶƚĂŝŶƐŝŐŶŝĮĐĂŶƚ͕ƵŶŽďƐĞƌǀĂďůĞĂĚũƵƐƚŵĞŶƚƐ͕ƚŚĞƌĞĨŽƌĞƚŚĞƐĞ ĂƐƐĞƚƐĂƌĞĐůĂƐƐŝĮĞĚĂƐ>ĞǀĞůϯĨĂŝƌǀĂůƵĞŵĞĂƐƵƌĞŵĞŶƚƐ͘ ŶĂĚũƵƐƚŵĞŶƚŝƐŵĂĚĞƚŽƌĞŇĞĐƚĂƌĞƐƚƌŝĐƟŽŶŽŶƚŚĞƐĂůĞŽƌƵƐĞŽĨĂŶĂƐƐĞƚďLJŽƵŶĐŝů͘dŚĞĂĚũƵƐƚŵĞŶƚŝƐĂŶĂůůŽǁĂŶĐĞŵĂĚĞ ƚŽƌĞŇĞĐƚƚŚĞĚŝīĞƌĞŶĐĞŝŶǀĂůƵĞďĞƚǁĞĞŶƵŶƌĞƐƚƌŝĐƚĞĚĂƐƐĞƚƐĂŶĚƚŚŽƐĞŚĞůĚďLJƚŚĞŽƵŶĐŝůǁŚŝĐŚĂƌĞŝŵƉĂĐƚĞĚďLJĞdžƚĞƌŶĂů ƌĞƐƚƌĂŝŶƚƐŽŶƚŚĞŝƌƵƐĞ͘ ŶŝŶĚĞƉĞŶĚĞŶƚǀĂůƵĂƟŽŶŽĨŽƵŶĐŝů͛ƐƐƉĞĐŝĂůŝƐĞĚůĂŶĚĂŶĚƐƉĞĐŝĂůŝƐĞĚďƵŝůĚŝŶŐƐǁĂƐƉĞƌĨŽƌŵĞĚďLJDƌ^ƚĞƉŚĞŶĂǀĞLJW/ ƌĞŐŝƐƚĞƌĞĚĞƌƟĮĞĚWƌĂĐƟƐŝŶŐsĂůƵĞƌ͘dŚĞǀĂůƵĂƟŽŶǁĂƐƉĞƌĨŽƌŵĞĚƵƐŝŶŐĞŝƚŚĞƌƚŚĞŵĂƌŬĞƚďĂƐĞĚĚŝƌĞĐƚĐŽŵƉĂƌŝƐŽŶŵĞƚŚŽĚ ŽƌĚĞƉƌĞĐŝĂƚĞĚƌĞƉůĂĐĞŵĞŶƚĐŽƐƚ͕ĂĚũƵƐƚĞĚĨŽƌƌĞƐƚƌŝĐƟŽŶƐŝŶƵƐĞ͘dŚĞĞīĞĐƟǀĞĚĂƚĞŽĨƚŚĞǀĂůƵĂƟŽŶŝƐϯϬ:ƵŶĞϮϬϭϮ͘ Land under roads >ĂŶĚƵŶĚĞƌƌŽĂĚƐŝƐǀĂůƵĞĚĂƚĨĂŝƌǀĂůƵĞƵƐŝŶŐƐŝƚĞǀĂůƵĞƐĂĚũƵƐƚĞĚĨŽƌĞŶŐůŽďŽ;ƵŶĚĞǀĞůŽƉĞĚĂŶĚͬŽƌƵŶƐĞƌǀŝĐĞĚͿ ĐŚĂƌĂĐƚĞƌŝƐƟĐƐ͕ĂĐĐĞƐƐƌŝŐŚƚƐĂŶĚƉƌŝǀĂƚĞŝŶƚĞƌĞƐƚƐŽĨŽƚŚĞƌƉĂƌƟĞƐĂŶĚĞŶƟƚůĞŵĞŶƚƐŽĨŝŶĨƌĂƐƚƌƵĐƚƵƌĞĂƐƐĞƚƐĂŶĚƐĞƌǀŝĐĞƐ͘ dŚŝƐĂĚũƵƐƚŵĞŶƚŝƐĂŶƵŶŽďƐĞƌǀĂďůĞŝŶƉƵƚŝŶƚŚĞǀĂůƵĂƟŽŶ͘dŚĞĂĚũƵƐƚŵĞŶƚŚĂƐŶŽŝŵƉĂĐƚŽŶƚŚĞĐŽŵƉƌĞŚĞŶƐŝǀĞŝŶĐŽŵĞ ƐƚĂƚĞŵĞŶƚ͘ Infrastructure /ŶĨƌĂƐƚƌƵĐƚƵƌĞŝƐǀĂůƵĞĚƵƐŝŶŐƚŚĞĚĞƉƌĞĐŝĂƚĞĚƌĞƉůĂĐĞŵĞŶƚĐŽƐƚŵĞƚŚŽĚ͘dŚŝƐĐŽƐƚƌĞƉƌĞƐĞŶƚƐƚŚĞƌĞƉůĂĐĞŵĞŶƚĐŽƐƚŽĨƚŚĞ ĐŽŵƉŽŶĞŶƚĂŌĞƌĂƉƉůLJŝŶŐĚĞƉƌĞĐŝĂƟŽŶƌĂƚĞƐŽŶĂƵƐĞĨƵůůŝĨĞďĂƐŝƐ͘ZĞƉůĂĐĞŵĞŶƚĐŽƐƚƐƌĞůĂƚĞƚŽĐŽƐƚƐƚŽƌĞƉůĂĐĞƚŚĞƉƌŽƉĞƌƚLJ ƚŽĂŶ͞ĂƐŶĞǁ͟ƐƚĂŶĚĂƌĚ͘ ĐŽŶŽŵŝĐŽďƐŽůĞƐĐĞŶĐĞŚĂƐĂůƐŽďĞĞŶĨĂĐƚŽƌĞĚŝŶƚŽƚŚĞĚĞƉƌĞĐŝĂƚĞĚƌĞƉůĂĐĞŵĞŶƚĐŽƐƚĐĂůĐƵůĂƟŽŶ͘ tŚĞƌĞŝƚŚĂƐŶŽƚďĞĞŶƉŽƐƐŝďůĞƚŽĞdžĂŵŝŶĞŚŝĚĚĞŶǁŽƌŬƐƐƵĐŚĂƐƐƚƌƵĐƚƵƌĂůĨƌĂŵĞƐĂŶĚŇŽŽƌƐ͕ƚŚĞƵƐĞŽĨƌĞĂƐŽŶĂďůĞŵĂƚĞƌŝĂůƐ ĂŶĚŵĞƚŚŽĚƐŽĨĐŽŶƐƚƌƵĐƟŽŶŚĂǀĞďĞĞŶĂƐƐƵŵĞĚďĞĂƌŝŶŐŝŶŵŝŶĚƚŚĞĂŐĞĂŶĚŶĂƚƵƌĞŽĨƚŚĞďƵŝůĚŝŶŐ͘dŚĞĞƐƟŵĂƚĞĚĐŽƐƚŽĨ ƌĞĐŽŶƐƚƌƵĐƟŽŶŝŶĐůƵĚŝŶŐƐƚƌƵĐƚƵƌĞƐĞƌǀŝĐĞƐĂŶĚĮŶŝƐŚĞƐ͕ĂůƐŽĨĂĐƚŽƌƐŝŶĂŶLJŚĞƌŝƚĂŐĞĐůĂƐƐŝĮĐĂƟŽŶƐĂƐĂƉƉůŝĐĂďůĞ͘/ŶĨƌĂƐƚƌƵĐƚƵƌĞ ĂƐƐĞƚƐĐŽŶƚĂŝŶƐŝŐŶŝĮĐĂŶƚƵŶŽďƐĞƌǀĂďůĞĂĚũƵƐƚŵĞŶƚƐ͕ƚŚĞƌĞĨŽƌĞƚŚĞƐĞĂƐƐĞƚƐĂƌĞĐůĂƐƐŝĮĞĚĂƐ>ĞǀĞůϯ͘ ǀĂůƵĂƟŽŶŽĨŽƵŶĐŝů͛Ɛ͕ŝŶĨƌĂƐƚƌƵĐƚƵƌĞĂƐƐĞƚƐǁĂƐƉĞƌĨŽƌŵĞĚDƌWĞƚĞƌĂŵĞƌŽŶ͕ĞƉ ͕D/ ;ƵƐƚͿ͕W ŶŐ͕tŽƌŬƐDĂŶĂŐĞƌ ĂŶĚDƌWĞƚĞƌDŽůŽŶĞLJD/ ;ƵƐƚͿĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ͘dŚĞǀĂůƵĂƟŽŶǁĂƐƉĞƌĨŽƌŵĞĚďĂƐĞĚŽŶƚŚĞĚĞƉƌĞĐŝĂƚĞĚƌĞƉůĂĐĞŵĞŶƚ ĐŽƐƚŽĨƚŚĞĂƐƐĞƚƐ͘dŚĞĞīĞĐƟǀĞĚĂƚĞŽĨƚŚĞǀĂůƵĂƟŽŶŝƐϯϬ:ƵŶĞϮϬϭϰ͘ dŚĞƌĞǁĞƌĞŶŽĐŚĂŶŐĞƐŝŶǀĂůƵĂƟŽŶƚĞĐŚŶŝƋƵĞƐƚŚƌŽƵŐŚŽƵƚƚŚĞƉĞƌŝŽĚƚŽϯϬ:ƵŶĞϮϬϭϰ͘&ŽƌĂůůĂƐƐĞƚƐŵĞĂƐƵƌĞĚĂƚĨĂŝƌǀĂůƵĞ͕ ƚŚĞĐƵƌƌĞŶƚƵƐĞŝƐĐŽŶƐŝĚĞƌĞĚƚŚĞŚŝŐŚĞƐƚĂŶĚďĞƐƚƵƐĞ͘ 72 x Golden Plains Shire Annual Report 2013-14 Note 29: Property, Infrastructure, Plant And Equipment (Continued) ZĞĐŽŶĐŝůŝĂƟŽŶŽĨ>ĞǀĞůϯ&ĂŝƌsĂůƵĞ Other ƵŝůĚŝŶŐƐ Land Under Infrastructure Structures Roads $’000 $’000 $’000 $’000 2014 KƉĞŶŝŶŐĂůĂŶĐĞ ϰ͕Ϭϵϳ Ϯϰ͕Ϯϯϲ ϰϬϱ ϭϰϳ͕ϴϵϱ ĞƉƌĞĐŝĂƟŽŶ ;ϮϬϵͿ ;Ϯ͕ϯϮϬͿ - ;Ϯ͕ϲϰϲͿ Impairment Loss - - - - ZĞǀĂůƵĂƟŽŶ - ϯ͕ϲϳϳ 87 ϭϵϮ͕ϭϲϱ ĐƋƵŝƐƟŽŶƐ;ŝƐƉŽƐĂůƐͿ 493 ϭ͕ϮϱϬ 96 Ϯ͕ϯϭϭ ůŽƐŝŶŐĂůĂŶĐĞ 4,381 26,843 588 339,725 ĞƐĐƌŝƉƟŽŶŽĨƵŶŽďƐĞƌǀĂďůĞŝŶƉƵƚƐŝŶƚŽ>ĞǀĞůϯǀĂůƵĂƟŽŶƐ sĂůƵĂƟŽŶdĞĐŚŶŝƋƵĞ ^ŝŐŶĮĐĂŶƚ ZĂŶŐĞ ^ĞŶƐŝƟǀŝƚLJ Unobservable Inputs Other Structures Depreciated Replacement Direct cost per square Increase or decrease in Cost metre the direct cost per square metre adjustment would ƌĞƐƵůƚŝŶĂƐŝŐŶŝĮĐĂŶƚůLJ ůŽǁĞƌŽƌŚŝŐŚĞƌĨĂŝƌǀĂůƵĞ͘ hƐĞĨƵůůŝĨĞŽĨďƵŝůĚŝŶŐƐ Increase or decrease in ƚŚĞĞƐƟŵĂƚĞĚƵƐĞĨƵůůŝĨĞ of the asset would result ŝŶĂƐŝŐŶŝĮĐĂŶƚůLJůŽǁĞƌŽƌ ŚŝŐŚĞƌĨĂŝƌǀĂůƵĞ͘ ƵŝůĚŝŶŐƐ Depreciated Replacement Direct cost per square Increase or decrease in Cost metre the direct cost per square metre adjustment would ƌĞƐƵůƚŝŶĂƐŝŐŶŝĮĐĂŶƚůLJ ůŽǁĞƌŽƌŚŝŐŚĞƌĨĂŝƌǀĂůƵĞ͘ hƐĞĨƵůůŝĨĞŽĨďƵŝůĚŝŶŐƐ Increase or decrease in ƚŚĞĞƐƟŵĂƚĞĚƵƐĞĨƵůůŝĨĞ of the asset would result ŝŶĂƐŝŐŶŝĮĐĂŶƚůLJůŽǁĞƌŽƌ ŚŝŐŚĞƌĨĂŝƌǀĂůƵĞ͘ Land Under Roads DĂƌŬĞƚďĂƐĞĚĚŝƌĞĐƚ Extent and impact of Increase or decrease in comparison approach ƌĞƐƚƌŝĐƟŽŶŽĨƵƐĞ ƚŚĞĞdžƚĞŶƚŽĨƌĞƐƚƌŝĐƟŽŶ would result in a ƐŝŐŶŝĮĐĂŶƚůLJůŽǁĞƌŽƌ ŚŝŐŚĞƌĨĂŝƌǀĂůƵĞ͘ Infrastructure Depreciated Replacement Cost per unit Increase or decrease in Cost the cost per unit would ƌĞƐƵůƚŝŶĂƐŝŐŶŝĮĐĂŶƚůLJ ůŽǁĞƌŽƌŚŝŐŚĞƌĨĂŝƌǀĂůƵĞ͘ hƐĞĨƵůůŝĨĞŽĨ Increase or decrease infrastructure ŝŶƚŚĞĞƐƟŵĂƚĞĚƵƐĞĨƵů life would result in a ƐŝŐŶŝĮĐĂŶƚůLJůŽǁĞƌŽƌ ŚŝŐŚĞƌĨĂŝƌǀĂůƵĞ͘ Golden Plains Shire Annual Report 2013-14 x73 ϵϬϱ ;ϵϴϵͿ ;ϵϵϵͿ TOTAL TOTAL ϵ͕ϰϳϭ Ϯ͕ϵϳϰ ϯ͕ϭϴϳ Ϯ͕ϯϭϭ Ϯ͕ϰϬϳ ϰ͕ϬϬϳ ϳ͕ϱϮϰ INFRA- INFRA- ϭϰϳ͕ϴϵϱ ϮϬϰ͕ϳϲϯ ϭϰϳ͕ϴϵϱ ϮϬϰ͕ϳϲϯ ϭϵϮ͕ϭϲϱ ϭϵϳ͕ϱϰϱ STRUCTURE STRUCTURE ------65 65 REHAB REHAB GRAVEL PIT GRAVEL PIT GRAVEL ϭ͕ϰϳϴ ϯ͕ϴϮϰ ϲϬ ϯϯϵ͕ϳϮϱ ϰϬϵ͕Ϭϰϱ ϰ͕ϯϴϯ ϳϬ ϭϰϯ͕ϰϴϰ ϭϵϴ͕ϳϬϲ ϭ͕ϱϬϵ PLANT & PLANT & MACHINERY MACHINERY - - - - - ;ϵͿ ;ϴϰϰͿ 621 283 ϲϬϱ ϰ͕ϭϱϯ ϲϬϱ ϰ͕ϭϱϯ ŶĂŶĐŝĂůLJĞĂƌĂƌĞƐĞƚŽƵƚďĞůŽǁ͘ ;ϮϲϱͿ ;ϭ͕ϬϬϲͿ ;ϱͿ ;Ϯ͕ϱϳϬͿ ;ϰ͕ϳϯϱͿ ;ϭϮϵͿ ;ϳϬϮͿ ;ϮϱϴͿ ;ϵϵϰͿ ;ϱͿ ;Ϯ͕ϲϰϲͿ ;ϰ͕ϴϯϬͿ EQUIPMENT EQUIPMENT FURNITURE & FURNITURE & - - 378 378 295 665 WORK IN WORK IN PROGRESS PROGRESS ------ϭϬϬ ;ϭϳϰͿ OTHER OTHER STRUCTURES STRUCTURES ƐĂƚƚŚĞďĞŐŝŶŶŝŶŐĂŶĚĞŶĚŽĨƚŚĞĐƵƌƌĞŶƚĮ ϱϬϳ ϱϬϴ ϲ͕ϲϲϰ ;ϭϬϭͿ ;ϭϲϴͿ ;ϲϵϰͿ ;ϭϵϱͿ ;ϳϬϵͿ ;ϮϭϴͿ Ϯ͕ϵϭϴ Ϯϲ͕ϳϮϯ ϯ͕ϳϱϳ Ϯϵ͕ϰϬϱ ϰ͕ϱϴϱ ϳ͕ϬϰϮ BUILDINGS BUILDINGS ------87 192 192 588 ROADS ROADS LAND UNDER UNDER LAND UNDER LAND - - - 96 ------213 ------26 26 - 48 48 - 285 19 - - - - - 352 175 175 ------175 325 325 ------325 238 - 596 614 257 334 ϵϬϱ LAND LAND ŽŶ Ϯ͕ϯϳϱ ŽŶĞƚǁĞĞŶůĂƐƐĞƐ ŽŶƐŽĨƚŚĞĐĂƌƌLJŝŶŐĂŵŽƵŶƚƐŽĨĞĂĐŚĐůĂƐƐŽĨŶŽŶͲĐƵƌƌĞŶƚĂƐƐĞƚ ŽŶ ŽŶ ŽŶͬ/ŶĚĞdžĂƟ ĐĂƟ ŽŶƐͲŽŶƚƌŝďƵƚĞĚ ŽŶƐͲƐƐĞƚƐEŽƚƉƌĞǀŝŽƵƐůLJ ŽŶƐ ŽŶƐͲƐƐĞƚƐEŽƚƉƌĞǀŝŽƵƐůLJ ŽŶƐ ŽŶƐͲƐƐĞƚƐhŶĚĞƌDĂŶĂŐĞŵĞŶƚ ĞŶŽǁŶsĂůƵĞŽĨŝƐƉŽƐĂůƐ ĞŶŽǁŶsĂůƵĞŽĨŝƐƉŽƐĂůƐ ;ϯϱͿ ZĞĐůĂƐƐŝĮ tƌŝƩ ^ƵďĚŝǀŝƐŝŽŶƐͲZŽĂĚƐ,ĂŶĚĞĚƚŽŽƵŶĐŝů ĚĚŝƟ ĚĚŝƟ Recognised ĚĚŝƟ ZĞǀĂůƵĂƟ ĂƌƌLJŝŶŐĂŵŽƵŶƚĂƚϯϬ:ƵŶĞϮϬϭϯ ϮϬ͕ϰϴϭ ϰϬϱ Ϯϲ͕ϱϬϱ ϰ͕Ϯϳϲ tƌŝƩ ĞƉƌĞĐŝĂƟ ĞƉƌĞĐŝĂƟ ĚĚŝƟ Recognised 2013 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 ĂƌƌLJŝŶŐĂŵŽƵŶƚĂƚϯϬ:ƵŶĞϮϬϭϰ Ϯϯ͕ϭϵϱ ĚĚŝƟ ĚĚŝƟ 2014ĂƌƌLJŝŶŐĂŵŽƵŶƚĂƚϭ:ƵůLJϮϬϭϯ ϮϬ͕ϰϴϭ ϰϬϱ Ϯϲ͕ϱϬϱ ϰ͕Ϯϳϲ $’000 $’000 $’000ĂƌƌLJŝŶŐĂŵŽƵŶƚĂƚϭ:ƵůLJϮϬϭϮ $’000 $’000 ϭϵ͕ϭϯϳ $’000 $’000 $’000 $’000 $’000 ^ƵďĚŝǀŝƐŝŽŶƐͲZŽĂĚƐ,ĂŶĚĞĚƚŽŽƵŶĐŝů Note 30: Movements In Property, Infrastructure, In Property, And Equipment Plant Movements 30: Note ZĞĐŽŶĐŝůŝĂƟ 74 x Golden Plains Shire Annual Report 2013-14 Note 31: Superannuation ďĞŶĞĮƚůŝĂďŝůŝƟĞƐ͕ĂƐƐĞƚƐĂŶĚĐŽƐƚƐďĞƚǁĞĞŶĞŵƉůŽLJĞƌƐĨŽƌ ƚŚĞƉƵƌƉŽƐĞƐŽĨ^ϭϭϵ͘ ŽƵŶĐŝůŵĂŬĞƐĞŵƉůŽLJĞƌƐƵƉĞƌĂŶŶƵĂƟŽŶĐŽŶƚƌŝďƵƟŽŶƐ &ƵŶĚŝŶŐƌƌĂŶŐĞŵĞŶƚƐ͗ŽƵŶĐŝůŵĂŬĞƐĞŵƉůŽLJĞƌ ŝŶƌĞƐƉĞĐƚŽĨŝƚƐĞŵƉůŽLJĞĞƐƚŽƚŚĞ>ŽĐĂůƵƚŚŽƌŝƟĞƐ ĐŽŶƚƌŝďƵƟŽŶƐƚŽƚŚĞĚĞĮŶĞĚďĞŶĞĮƚĐĂƚĞŐŽƌLJŽĨƚŚĞ&ƵŶĚ ^ƵƉĞƌĂŶŶƵĂƟŽŶ&ƵŶĚ;ƚŚĞ&ƵŶĚͿ͘dŚŝƐ&ƵŶĚŚĂƐƚǁŽ at rates determined by the Trustee on the advice of the ĐĂƚĞŐŽƌŝĞƐŽĨŵĞŵďĞƌƐŚŝƉ͕ĂĐĐƵŵƵůĂƟŽŶĂŶĚĚĞĮŶĞĚ &ƵŶĚ͛ƐĐƚƵĂƌLJ͘dŚĞ&ƵŶĚ͛ƐĞŵƉůŽLJĞƌĨƵŶĚŝŶŐĂƌƌĂŶŐĞŵĞŶƚƐ ďĞŶĞĮƚ͕ĞĂĐŚŽĨǁŚŝĐŚŝƐĨƵŶĚĞĚĚŝīĞƌĞŶƚůLJ͘hŶĚĞƌŚŽŝĐĞŽĨ ĐŽŵƉƌŝƐĞŽĨƚŚƌĞĞĐŽŵƉŽŶĞŶƚƐ͕ĚĞƚĂŝůĞĚďĞůŽǁ͗ &ƵŶĚůĞŐŝƐůĂƟŽŶ͕ƐŽŵĞƐƵƉĞƌĂŶŶƵĂƟŽŶĐŽŶƚƌŝďƵƟŽŶƐŵĂĚĞ ƚŽ>ŽĐĂůƵƚŚŽƌŝƟĞƐ^ƵƉĞƌĂŶŶƵĂƟŽŶ&ƵŶĚĂƌĞĚŝƐƚƌŝďƵƚĞĚ ϭ͘ ZĞŐƵůĂƌĐŽŶƚƌŝďƵƟŽŶƐͲǁŚŝĐŚĂƌĞŽŶŐŽŝŶŐĐŽŶƚƌŝďƵƟŽŶƐ ǀŝĂƚŚĞŝƌĐůĞĂƌŝŶŐŚŽƵƐĞƚŽŽƚŚĞƌĐŽŵƉůŝĂŶƚĂĐĐƵŵƵůĂƟŽŶ ŶĞĞĚĞĚƚŽĨƵŶĚƚŚĞďĂůĂŶĐĞŽĨďĞŶĞĮƚƐĨŽƌĐƵƌƌĞŶƚ ƐƵƉĞƌĂŶŶƵĂƟŽŶĨƵŶĚƐĂƐƉĞƌĞŵƉůŽLJĞĞƐ͛ƌĞƋƵĞƐƚƐ͘ members and pensioners; dŚĞĚĞĮŶĞĚďĞŶĞĮƚƐĞĐƟŽŶƉƌŽǀŝĚĞƐůƵŵƉƐƵŵďĞŶĞĮƚƐ Ϯ͘ &ƵŶĚŝŶŐĐĂůůƐʹǁŚŝĐŚĂƌĞĐŽŶƚƌŝďƵƟŽŶƐŝŶƌĞƐƉĞĐƚŽĨĞĂĐŚ ďĂƐĞĚŽŶLJĞĂƌƐŽĨƐĞƌǀŝĐĞĂŶĚĮŶĂůĂǀĞƌĂŐĞƐĂůĂƌLJ͘dŚĞ ƉĂƌƟĐŝƉĂƟŶŐĞŵƉůŽLJĞƌ͛ƐƐŚĂƌĞŽĨĂŶLJĨƵŶĚŝŶŐƐŚŽƌƞĂůůƐ ĚĞĮŶĞĚĐŽŶƚƌŝďƵƟŽŶƐĞĐƟŽŶƌĞĐĞŝǀĞƐĮdžĞĚĐŽŶƚƌŝďƵƟŽŶƐ that arise; and ĨƌŽŵŽƵŶĐŝů͘ŽƵŶĐŝů͛ƐůĞŐĂůŽƌĐŽŶƐƚƌƵĐƟǀĞŽďůŝŐĂƟŽŶŝƐ ϯ͘ ZĞƚƌĞŶĐŚŵĞŶƚŝŶĐƌĞŵĞŶƚƐʹǁŚŝĐŚĂƌĞĂĚĚŝƟŽŶĂů ůŝŵŝƚĞĚƚŽƚŚĞƐĞĐŽŶƚƌŝďƵƟŽŶƐ͘ ĐŽŶƚƌŝďƵƟŽŶƐƚŽĐŽǀĞƌƚŚĞŝŶĐƌĞĂƐĞŝŶůŝĂďŝůŝƚLJĂƌŝƐŝŶŐ KďůŝŐĂƟŽŶƐĨŽƌĐŽŶƚƌŝďƵƟŽŶƐĂƌĞƌĞĐŽŐŶŝƐĞĚĂƐĂŶĞdžƉĞŶƐĞŝŶ ĨƌŽŵƌĞƚƌĞŶĐŚŵĞŶƚƐ͘ ƚŚĞŽŵƉƌĞŚĞŶƐŝǀĞ/ŶĐŽŵĞ^ƚĂƚĞŵĞŶƚǁŚĞŶƚŚĞLJĂƌĞĚƵĞ͘ ŽƵŶĐŝůŝƐĂůƐŽƌĞƋƵŝƌĞĚƚŽŵĂŬĞĂĚĚŝƟŽŶĂůĐŽŶƚƌŝďƵƟŽŶƐ ĐĐƵŵƵůĂƟŽŶ&ƵŶĚƐ͗Both employer and employee ƚŽĐŽǀĞƌƚŚĞĐŽŶƚƌŝďƵƟŽŶƚĂdžƉĂLJĂďůĞŽŶƚŚĞĐŽŶƚƌŝďƵƟŽŶƐ ĐŽŶƚƌŝďƵƟŽŶƐĂƌĞĐŽŶƚƌŝďƵƚĞĚŽŶĂƉƌŽŐƌĞƐƐŝǀĞďĂƐŝƐ͘ ƌĞĨĞƌƌĞĚƚŽĂďŽǀĞ͘ ŵƉůŽLJĞƌĐŽŶƚƌŝďƵƟŽŶƐĂƌĞŶŽƌŵĂůůLJďĂƐĞĚŽŶĂĮdžĞĚ ŵƉůŽLJĞĞƐĂƌĞĂůƐŽƌĞƋƵŝƌĞĚƚŽŵĂŬĞƐŵĞŵďĞƌĐŽŶƚƌŝďƵƟŽŶƐ ƉĞƌĐĞŶƚĂŐĞŽĨĞŵƉůŽLJĞĞĞĂƌŶŝŶŐƐ;ĨŽƌƚŚĞLJĞĂƌĞŶĚĞĚϯϬ ƚŽƚŚĞ&ƵŶĚ͘ƐƐƵĐŚ͕ĂƐƐĞƚƐĂĐĐƵŵƵůĂƚĞŝŶƚŚĞ&ƵŶĚƚŽŵĞĞƚ :ƵŶĞϮϬϭϰ͕ƚŚŝƐǁĂƐϵ͘ϮϱйƌĞƋƵŝƌĞĚƵŶĚĞƌ^ƵƉĞƌĂŶŶƵĂƟŽŶ ŵĞŵďĞƌďĞŶĞĮƚƐ͕ĂƐĚĞĮŶĞĚŝŶƚŚĞdƌƵƐƚĞĞĚ͕ĂƐƚŚĞLJ 'ƵĂƌĂŶƚĞĞůĞŐŝƐůĂƟŽŶͿ͘KƵƌĐŽŵŵŝƚŵĞŶƚƚŽĚĞĮŶĞĚ ĂĐĐƌƵĞ͘ ĐŽŶƚƌŝďƵƟŽŶƉůĂŶƐŝƐůŝŵŝƚĞĚƚŽŵĂŬŝŶŐĐŽŶƚƌŝďƵƟŽŶƐŝŶ ĂĐĐŽƌĚĂŶĐĞǁŝƚŚŽƵƌŵŝŶŝŵƵŵƐƚĂƚƵƚŽƌLJƌĞƋƵŝƌĞŵĞŶƚƐ͘ ŵƉůŽLJĞƌŽŶƚƌŝďƵƟŽŶƐ͗ZĞŐƵůĂƌĐŽŶƚƌŝďƵƟŽŶƐͲŽŶƚŚĞďĂƐŝƐ No further liability accrues to the employer as the ŽĨƚŚĞƌĞƐƵůƚƐŽĨƚŚĞŵŽƐƚƌĞĐĞŶƚĨƵůůĂĐƚƵĂƌŝĂůŝŶǀĞƐƟŐĂƟŽŶ ƐƵƉĞƌĂŶŶƵĂƟŽŶďĞŶĞĮƚƐĂĐĐƌƵŝŶŐƚŽĞŵƉůŽLJĞĞƐĂƌĞ ĐŽŶĚƵĐƚĞĚďLJƚŚĞ&ƵŶĚ͛ƐĐƚƵĂƌLJĂƐĂƚϯϭĞĐĞŵďĞƌϮϬϭϭ͕ ƌĞƉƌĞƐĞŶƚĞĚďLJƚŚĞŝƌƐŚĂƌĞŽĨƚŚĞŶĞƚĂƐƐĞƚƐŽĨƚŚĞ&ƵŶĚ͘ ŽƵŶĐŝůŵĂŬĞƐĞŵƉůŽLJĞƌĐŽŶƚƌŝďƵƟŽŶƐƚŽƚŚĞ&ƵŶĚ͛ƐĞĮŶĞĚ ĞŶĞĮƚĐĂƚĞŐŽƌLJĂƚƌĂƚĞƐĚĞƚĞƌŵŝŶĞĚďLJƚŚĞ&ƵŶĚ͛ƐdƌƵƐƚĞĞ͘ īĞĐƟǀĞĨƌŽŵϭ:ƵůLJϮϬϭϰ͕ƚŚĞ^ƵƉĞƌĂŶŶƵĂƟŽŶ'ƵĂƌĂŶƚĞĞ &ŽƌƚŚĞLJĞĂƌĞŶĚĞĚϯϬ:ƵŶĞϮϬϭϰ͕ƚŚŝƐƌĂƚĞǁĂƐϵ͘ϮϱйŽĨ ĐŽŶƚƌŝďƵƟŽŶƌĂƚĞǁŝůůŝŶĐƌĞĂƐĞƚŽϵ͘ϱй͕ĂŶĚǁŝůůƉƌŽŐƌĞƐƐŝǀĞůLJ ŵĞŵďĞƌƐ͛ƐĂůĂƌŝĞƐ͘dŚŝƐƌĂƚĞŝŶĐƌĞĂƐĞĚƚŽϵ͘ϱйŽŶϭ:ƵůLJ ŝŶĐƌĞĂƐĞƚŽϭϮйďLJϮϬϭϵ͘ĂƐĞĚŽŶĂŶŶŽƵŶĐĞŵĞŶƚƐŝŶĐůƵĚĞĚ ϮϬϭϰĂŶĚŝƐĞdžƉĞĐƚĞĚƚŽŝŶĐƌĞĂƐĞŝŶůŝŶĞǁŝƚŚƚŚĞƌĞƋƵŝƌĞĚ ŝŶƚŚĞDĂLJϮϬϭϰ&ĞĚĞƌĂůƵĚŐĞƚ͕ƚŚŝƐƉƌŽŐƌĞƐƐŝǀĞŝŶĐƌĞĂƐĞƚŽ ^ƵƉĞƌĂŶŶƵĂƟŽŶ'ƵĂƌĂŶƚĞĞĐŽŶƚƌŝďƵƟŽŶƌĂƚĞ͘ ϭϮйǁŝůůďĞĚĞůĂLJĞĚƵŶƟůϮϬϮϮ͘ /ŶĂĚĚŝƟŽŶ͕ŽƵŶĐŝůƌĞŝŵďƵƌƐĞƐƚŚĞ&ƵŶĚƚŽĐŽǀĞƌƚŚĞĞdžĐĞƐƐ ĞĮŶĞĚĞŶĞĮƚ͗ƐƉƌŽǀŝĚĞĚƵŶĚĞƌWĂƌĂŐƌĂƉŚϯϰŽĨ^ ŽĨƚŚĞďĞŶĞĮƚƐƉĂŝĚĂƐĂĐŽŶƐĞƋƵĞŶĐĞŽĨƌĞƚƌĞŶĐŚŵĞŶƚ ϭϭϵ͕ŽƵŶĐŝůĚŽĞƐŶŽƚƵƐĞĚĞĮŶĞĚďĞŶĞĮƚĂĐĐŽƵŶƟŶŐĨŽƌ ĂďŽǀĞƚŚĞĨƵŶĚĞĚƌĞƐŝŐŶĂƟŽŶŽƌƌĞƟƌĞŵĞŶƚďĞŶĞĮƚ;ƚŚĞ ŝƚƐĚĞĮŶĞĚďĞŶĞĮƚŽďůŝŐĂƟŽŶƐƵŶĚĞƌƚŚĞ&ƵŶĚ͛ƐĞĮŶĞĚ ĨƵŶĚĞĚƌĞƐŝŐŶĂƟŽŶŽƌƌĞƟƌĞŵĞŶƚďĞŶĞĮƚŝƐĐĂůĐƵůĂƚĞĚĂƐƚŚĞ ĞŶĞĮƚĐĂƚĞŐŽƌLJ͘dŚŝƐŝƐďĞĐĂƵƐĞƚŚĞ&ƵŶĚ͛ƐĞĮŶĞĚĞŶĞĮƚ s/ŵƵůƟƉůŝĞĚďLJƚŚĞďĞŶĞĮƚͿ͘ ĐĂƚĞŐŽƌLJŝƐĂŵƵůƟͲĞŵƉůŽLJĞƌƐƉŽŶƐŽƌĞĚƉůĂŶ͘ &ƵŶĚŝŶŐĂůůƐ͗ The Fund is required to comply with ƐĂŵƵůƟͲĞŵƉůŽLJĞƌƐƉŽŶƐŽƌĞĚƉůĂŶ͕ƚŚĞ&ƵŶĚǁĂƐ ƚŚĞƐƵƉĞƌĂŶŶƵĂƟŽŶƉƌƵĚĞŶƟĂůƐƚĂŶĚĂƌĚƐ͘hŶĚĞƌƚŚĞ established as a mutual scheme to allow for the mobility of ƐƵƉĞƌĂŶŶƵĂƟŽŶƉƌƵĚĞŶƟĂůƐƚĂŶĚĂƌĚ^W^ϭϲϬ͕ƚŚĞ&ƵŶĚŝƐ ƚŚĞǁŽƌŬĨŽƌĐĞďĞƚǁĞĞŶƚŚĞƉĂƌƟĐŝƉĂƟŶŐĞŵƉůŽLJĞƌƐǁŝƚŚŽƵƚ ƌĞƋƵŝƌĞĚƚŽƚĂƌŐĞƚĨƵůůĨƵŶĚŝŶŐŽĨŝƚƐǀĞƐƚĞĚďĞŶĞĮƚƐ͘ ĂƩĂĐŚŝŶŐĂƐƉĞĐŝĮĐůŝĂďŝůŝƚLJƚŽƉĂƌƟĐƵůĂƌĞŵƉůŽLJĞĞƐĂŶĚ ƚŚĞŝƌĐƵƌƌĞŶƚĞŵƉůŽLJĞƌ͘dŚĞƌĞĨŽƌĞ͕ƚŚĞƌĞŝƐŶŽƉƌŽƉŽƌƟŽŶĂů There may be circumstances where: ƐƉůŝƚŽĨƚŚĞĚĞĮŶĞĚďĞŶĞĮƚůŝĂďŝůŝƟĞƐ͕ĂƐƐĞƚƐŽƌĐŽƐƚƐ ͻ ĂĨƵŶĚŝƐŝŶĂŶƵŶƐĂƟƐĨĂĐƚŽƌLJĮŶĂŶĐŝĂůƉŽƐŝƟŽŶĂƚĂŶ ďĞƚǁĞĞŶƚŚĞƉĂƌƟĐŝƉĂƟŶŐĞŵƉůŽLJĞƌƐĂƐƚŚĞĚĞĮŶĞĚďĞŶĞĮƚ ĂĐƚƵĂƌŝĂůŝŶǀĞƐƟŐĂƟŽŶ;ŝ͘Ğ͘ŝƚƐǀĞƐƚĞĚďĞŶĞĮƚŝŶĚĞdž ŽďůŝŐĂƟŽŶŝƐĂŇŽĂƟŶŐŽďůŝŐĂƟŽŶďĞƚǁĞĞŶƚŚĞƉĂƌƟĐŝƉĂƟŶŐ ;s/ͿŝƐůĞƐƐƚŚĂŶϭϬϬйĂƚƚŚĞĚĂƚĞŽĨƚŚĞĂĐƚƵĂƌŝĂů ĞŵƉůŽLJĞƌƐĂŶĚƚŚĞŽŶůLJƟŵĞƚŚĂƚƚŚĞĂŐŐƌĞŐĂƚĞŽďůŝŐĂƟŽŶ ŝŶǀĞƐƟŐĂƟŽŶͿ͖Žƌ ŝƐĂůůŽĐĂƚĞĚƚŽƐƉĞĐŝĮĐĞŵƉůŽLJĞƌƐŝƐǁŚĞŶĂĐĂůůŝƐŵĂĚĞ͘ ƐĂƌĞƐƵůƚ͕ƚŚĞůĞǀĞůŽĨƉĂƌƟĐŝƉĂƟŽŶŽĨŽƵŶĐŝůŝŶƚŚĞ ͻ ĂĨƵŶĚ͛Ɛs/ŝƐďĞůŽǁŝƚƐƐŚŽƌƞĂůůůŝŵŝƚĂƚĂŶLJƟŵĞŽƚŚĞƌ Fund cannot be measured as a percentage compared with ƚŚĂŶĂƚƚŚĞĚĂƚĞŽĨƚŚĞĂĐƚƵĂƌŝĂůŝŶǀĞƐƟŐĂƟŽŶƐ͘ ŽƚŚĞƌƉĂƌƟĐŝƉĂƟŶŐĞŵƉůŽLJĞƌ͘tŚŝůĞƚŚĞƌĞŝƐĂŶĂŐƌĞĞĚ /ĨĞŝƚŚĞƌŽĨƚŚĞĂďŽǀĞŽĐĐƵƌ͕ƚŚĞĨƵŶĚŚĂƐĂƐŚŽƌƞĂůůĨŽƌƚŚĞ ŵĞƚŚŽĚŽůŽŐLJƚŽĂůůŽĐĂƚĞĂŶLJƐŚŽƌƞĂůůƐŝĚĞŶƟĮĞĚďLJƚŚĞ ƉƵƌƉŽƐĞƐŽĨ^W^ϭϲϬĂŶĚƚŚĞĨƵŶĚŝƐƌĞƋƵŝƌĞĚƚŽƉƵƚĂƉůĂŶ &ƵŶĚĐƚƵĂƌLJĨŽƌĨƵŶĚŝŶŐƉƵƌƉŽƐĞƐ͕ƚŚĞƌĞŝƐŶŽĂŐƌĞĞĚ ŝŶƉůĂĐĞƐŽƚŚĂƚƚŚĞƐŚŽƌƞĂůůŝƐĨƵůůLJĨƵŶĚĞĚǁŝƚŚŝŶƚŚƌĞĞ ŵĞƚŚŽĚŽůŽŐLJƚŽĂůůŽĐĂƚĞďĞŶĞĮƚůŝĂďŝůŝƟĞƐ͕ĂƐƐĞƚƐĂŶĚ LJĞĂƌƐŽĨƚŚĞƐŚŽƌƞĂůůŽĐĐƵƌƌŝŶŐ͘dŚĞƌĞŵĂLJďĞĐŝƌĐƵŵƐƚĂŶĐĞƐ ĐŽƐƚƐďĞƚǁĞĞŶƚŚĞƉĂƌƟĐŝƉĂƟŶŐĞŵƉůŽLJĞƌƐĨŽƌĂĐĐŽƵŶƟŶŐ ǁŚĞƌĞƚŚĞƵƐƚƌĂůŝĂŶWƌƵĚĞŶƟĂůZĞŐƵůĂƟŽŶƵƚŚŽƌŝƚLJ;WZͿ ƉƵƌƉŽƐĞƐ͘dŚĞƌĞĨŽƌĞ͕ƚŚĞĐƚƵĂƌLJŝƐƵŶĂďůĞƚŽĂůůŽĐĂƚĞ Golden Plains Shire Annual Report 2013-14 x75 ŵĂLJĂƉƉƌŽǀĞĂƉĞƌŝŽĚůŽŶŐĞƌƚŚĂŶƚŚƌĞĞLJĞĂƌƐ͘ ĚĞĮŶĞĚďĞŶĞĮƚůŝĂďŝůŝƚLJďĞĐĂůĐƵůĂƚĞĚďĂƐĞĚŽŶďĞŶĞĮƚƐƚŚĂƚ have accrued in respect of membership of the plan up to the The Fund monitors its VBI on a quarterly basis and the Fund ŵĞĂƐƵƌĞŵĞŶƚĚĂƚĞ͕ǁŝƚŚŶŽĂůůŽǁĂŶĐĞĨŽƌĨƵƚƵƌĞďĞŶĞĮƚƐ ŚĂƐƐĞƚŝƚƐƐŚŽƌƞĂůůůŝŵŝƚĂƚϵϳй͘/ŶƚŚĞĞǀĞŶƚƚŚĂƚƚŚĞ&ƵŶĚ ƚŚĂƚŵĂLJĂĐĐƌƵĞ͘ ĐƚƵĂƌLJĚĞƚĞƌŵŝŶĞƐƚŚĂƚƚŚĞƌĞŝƐĂƐŚŽƌƞĂůůďĂƐĞĚŽŶƚŚĞ ĂďŽǀĞƌĞƋƵŝƌĞŵĞŶƚ͕ƚŚĞ&ƵŶĚ͛ƐƉĂƌƟĐŝƉĂƟŶŐĞŵƉůŽLJĞƌƐ ZĞƚƌĞŶĐŚŵĞŶƚ/ŶĐƌĞŵĞŶƚƐ͗ƵƌŝŶŐϮϬϭϯͲϭϰ͕ŽƵŶĐŝůǁĂƐ ;ŝŶĐůƵĚŝŶŐŽƵŶĐŝůͿĂƌĞƌĞƋƵŝƌĞĚƚŽŵĂŬĞĂŶĞŵƉůŽLJĞƌ ŶŽƚƌĞƋƵŝƌĞĚƚŽŵĂŬĞƉĂLJŵĞŶƚƐƚŽƚŚĞ&ƵŶĚŝŶƌĞƐƉĞĐƚ ĐŽŶƚƌŝďƵƟŽŶƚŽĐŽǀĞƌƚŚĞƐŚŽƌƞĂůů͘dŚĞŵĞƚŚŽĚŽůŽŐLJƵƐĞĚ ŽĨƌĞƚƌĞŶĐŚŵĞŶƚŝŶĐƌĞŵĞŶƚƐ;ΨϬŝŶϮϬϭϮͲϭϯͿ͘ŽƵŶĐŝů͛Ɛ ƚŽĂůůŽĐĂƚĞƚŚĞƐŚŽƌƞĂůůǁĂƐĂŐƌĞĞĚŝŶϭϵϵϳƚŽĨĂŝƌůLJĂŶĚ ůŝĂďŝůŝƚLJƚŽƚŚĞ&ƵŶĚĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ͕ĨŽƌƌĞƚƌĞŶĐŚŵĞŶƚ ƌĞĂƐŽŶĂďůLJĂƉƉŽƌƟŽŶƚŚĞƐŚŽƌƞĂůůďĞƚǁĞĞŶƚŚĞƉĂƌƟĐŝƉĂƟŶŐ ŝŶĐƌĞŵĞŶƚƐ͕ĂĐĐƌƵĞĚŝŶƚĞƌĞƐƚĂŶĚƚĂdžŝƐΨϬ;ΨϬŝŶϮϬϭϮͲϭϯͿ͘ ĞŵƉůŽLJĞƌƐ͘ƐĂƚϯϭDĂƌĐŚϮϬϭϰƚŚĞĨƵŶĚǁĂƐĨƵůůLJĨƵŶĚĞĚ ^ŚŽƌƞĂůůŵŽƵŶƚƐ͗dŚĞ>ŽĐĂůƵƚŚŽƌŝƟĞƐ^ƵƉĞƌĂŶŶƵĂƟŽŶ ǁŝƚŚĂs/ŽĨϭϬϰ͘ϲй͘ &ƵŶĚ͛ƐůĂƚĞƐƚĂĐƚƵĂƌŝĂůŝŶǀĞƐƟŐĂƟŽŶĂƐĂƚϯϭĞĐĞŵďĞƌϮϬϭϭ hƐŝŶŐƚŚĞĂŐƌĞĞĚŵĞƚŚŽĚŽůŽŐLJ͕ƚŚĞƐŚŽƌƞĂůůĂŵŽƵŶƚŝƐ ŝĚĞŶƟĮĞĚĂŶƵŶĨƵŶĚĞĚůŝĂďŝůŝƚLJŽĨΨϰϬϲŵŝůůŝŽŶ;ĞdžĐůƵĚŝŶŐ ĂƉƉŽƌƟŽŶĞĚďĞƚǁĞĞŶƚŚĞƉĂƌƟĐŝƉĂƟŶŐĞŵƉůŽLJĞƌƐďĂƐĞĚŽŶ ĐŽŶƚƌŝďƵƟŽŶƐƚĂdžͿŝŶƚŚĞĚĞĮŶĞĚďĞŶĞĮƚĐĂƚĞŐŽƌLJŽĨǁŚŝĐŚ ƚŚĞƉƌĞͲϭ:ƵůLJϭϵϵϯĂŶĚƉŽƐƚͲϯϬ:ƵŶĞϭϵϵϯƐĞƌǀŝĐĞůŝĂďŝůŝƟĞƐ ŽƵŶĐŝůŝƐĂĐŽŶƚƌŝďƵƟŶŐĞŵƉůŽLJĞƌ͘ŽƵŶĐŝůǁĂƐŵĂĚĞĂǁĂƌĞ ŽĨƚŚĞ&ƵŶĚ͛ƐĚĞĮŶĞĚďĞŶĞĮƚĐĂƚĞŐŽƌLJ͕ƚŽŐĞƚŚĞƌǁŝƚŚƚŚĞ ŽĨƚŚĞĞdžƉĞĐƚĞĚƐŚŽƌƞĂůůĚƵƌŝŶŐƚŚĞϮϬϭϭͲϭϮLJĞĂƌĂŶĚǁĂƐ ĞŵƉůŽLJĞƌ͛ƐƉĂLJƌŽůůĂƚϯϬ:ƵŶĞϭϵϵϯĂŶĚĂƚƚŚĞĚĂƚĞƚŚĞ ŝŶĨŽƌŵĞĚŽĨŝƚƐƐŚĂƌĞŽĨƚŚĞƐŚŽƌƞĂůůŽŶϮƵŐƵƐƚϮϬϭϮ͘ ƐŚŽƌƞĂůůŚĂƐďĞĞŶĐĂůĐƵůĂƚĞĚ͘ ŽƵŶĐŝůŚĂƐŶŽƚďĞĞŶĂĚǀŝƐĞĚŽĨĂŶLJĨƵƌƚŚĞƌĂĚũƵƐƚŵĞŶƚƐ͘ dŚĞƉƌĞͲϭ:ƵůLJϭϵϵϯĂŶĚƉŽƐƚͲϯϬ:ƵŶĞϭϵϵϯƐĞƌǀŝĐĞůŝĂďŝůŝƟĞƐ ŽƵŶĐŝů͛ƐƐŚĂƌĞŽĨƚŚĞƐŚŽƌƞĂůůĂŵŽƵŶƚĞĚƚŽΨϭ͘ϰϵϱŵ of the Fund are based on: ;ĞdžĐůƵĚŝŶŐĐŽŶƚƌŝďƵƟŽŶƐƚĂdžͿǁŚŝĐŚǁĂƐĂĐĐŽƵŶƚĞĚĨŽƌ ŝŶƚŚĞϮϬϭϭͲϭϮŽŵƉƌĞŚĞŶƐŝǀĞ/ŶĐŽŵĞ^ƚĂƚĞŵĞŶƚǁŝƚŚŝŶ ͻ ƚŚĞƐĞƌǀŝĐĞƉĞƌŝŽĚƐŽĨĂůůĂĐƟǀĞŵĞŵďĞƌƐƐƉůŝƚďĞƚǁĞĞŶ ŵƉůŽLJĞĞĞŶĞĮƚƐĂŶĚŝŶƚŚĞĂůĂŶĐĞ^ŚĞĞƚĂƐĂůŝĂďŝůŝƚLJ͘ ƚŚĞĂĐƟǀĞŵĞŵďĞƌƐƉƌĞͲϭ:ƵůLJϭϵϵϯĂŶĚƉŽƐƚͲϯϬ:ƵŶĞ EŽĨƵƌƚŚĞƌĂŵŽƵŶƚŚĂƐďĞĞŶĂĐĐŽƵŶƚĞĚĨŽƌŝŶƚŚĞϮϬϭϯͲϭϰ 1993 service period; ŽŵƉƌĞŚĞŶƐŝǀĞ/ŶĐŽŵĞ^ƚĂƚĞŵĞŶƚǁŝƚŚŝŶ ŵƉůŽLJĞĞĞŶĞĮƚƐ ͻ ƚŚĞƐĞƌǀŝĐĞƉĞƌŝŽĚƐŽĨĂůůĚĞĨĞƌƌĞĚŵĞŵďĞƌƐƐƉůŝƚ ĂŶĚŝŶƚŚĞĂůĂŶĐĞ^ŚĞĞƚĂƐĂůŝĂďŝůŝƚLJ͘ ďĞƚǁĞĞŶƚŚĞĚĞĨĞƌƌĞĚŵĞŵďĞƌƐƉƌĞͲϭ:ƵůLJϭϵϵϯĂŶĚ &ŽƌƚŚĞϮϬϭϮͲϭϯLJĞĂƌ͕ŽƵŶĐŝůƌĞĐĞŝǀĞĚĂŶĞĂƌůLJƉĂLJŵĞŶƚ ƉŽƐƚͲϯϬ:ƵŶĞϭϵϵϯƐĞƌǀŝĐĞƉĞƌŝŽĚ͖ĂŶĚ ĚŝƐĐŽƵŶƚŽĨΨϭϬϯŬǁŚŝĐŚǁĂƐĂĐĐŽƵŶƚĞĚĨŽƌŝŶƚŚĞϮϬϭϮͲϭϯ ͻ ƚŚĞƉĞŶƐŝŽŶĞƌ;ŝŶĐůƵĚŝŶŐĮdžĞĚƚĞƌŵƉĞŶƐŝŽŶͿůŝĂďŝůŝƟĞƐ ŽŵƉƌĞŚĞŶƐŝǀĞ/ŶĐŽŵĞ^ƚĂƚĞŵĞŶƚǁŝƚŚŝŶ ŵƉůŽLJĞĞĞŶĞĮƚƐ ǁŚŝĐŚĂƌĞĂůůŽĐĂƚĞĚƚŽƚŚĞƉƌĞͲϭϵϵϯƉĞƌŝŽĚ͘ ;ƐĞĞEŽƚĞϭϲͿ͘ dŚĞƉƌĞͲϭ:ƵůLJϭϵϵϯĐŽŵƉŽŶĞŶƚŽĨƚŚĞƐŚŽƌƞĂůůŝƐ ĐĐƌƵĞĚĞŶĞĮƚƐ͗dŚĞ&ƵŶĚ͛ƐůŝĂďŝůŝƚLJĨŽƌĂĐĐƌƵĞĚďĞŶĞĮƚƐ ĂƉƉŽƌƟŽŶĞĚďĞƚǁĞĞŶƚŚĞƉĂƌƟĐŝƉĂƟŶŐĞŵƉůŽLJĞƌƐďĂƐĞĚ ǁĂƐĚĞƚĞƌŵŝŶĞĚŝŶƚŚĞϯϭĞĐĞŵďĞƌϮϬϭϭĂĐƚƵĂƌŝĂů ŽŶƚŚĞĞŵƉůŽLJĞƌ͛ƐƐŚĂƌĞŽĨƚŚĞƚŽƚĂůƉĂƌƟĐŝƉĂƟŶŐĞŵƉůŽLJĞƌ ŝŶǀĞƐƟŐĂƟŽŶƉƵƌƐƵĂŶƚƚŽƚŚĞƌĞƋƵŝƌĞŵĞŶƚƐŽĨƵƐƚƌĂůŝĂŶ ƉĂLJƌŽůůĂƚϯϬ:ƵŶĞϭϵϵϯ͘dŚĞƉŽƐƚͲϯϬ:ƵŶĞϭϵϵϯĐŽŵƉŽŶĞŶƚ ĐĐŽƵŶƟŶŐ^ƚĂŶĚĂƌĚŽĂƌĚ^ϮϱĨŽůůŽǁƐ͗ ŽĨƚŚĞƐŚŽƌƞĂůůŝƐĂƉƉŽƌƟŽŶĞĚďĞƚǁĞĞŶƚŚĞƉĂƌƟĐŝƉĂƟŶŐ 31-Dec-11 ĞŵƉůŽLJĞƌƐďĂƐĞĚŽŶƚŚĞĞŵƉůŽLJĞƌ͛ƐƐŚĂƌĞŽĨƚŚĞƚŽƚĂů ƉĂƌƟĐŝƉĂƟŶŐĞŵƉůŽLJĞƌƉĂLJƌŽůůĂƚƚŚĞĚĂƚĞƚŚĞƐŚŽƌƞĂůůŚĂƐ $’000 ďĞĞŶĐĂůĐƵůĂƚĞĚ͘ EĞƚDĂƌŬĞƚsĂůƵĞŽĨƐƐĞƚƐ ϰ͕ϯϭϱ͕ϯϮϰ ƵĞƚŽƚŚĞŶĂƚƵƌĞŽĨƚŚĞĐŽŶƚƌĂĐƚƵĂůŽďůŝŐĂƟŽŶƐďĞƚǁĞĞŶ ĐĐƌƵĞĚĞŶĞĮƚƐ;ƉĞƌĂĐĐŽƵŶƟŶŐƐƚĂŶĚĂƌĚƐͿ ϰ͕ϲϰϮ͕ϭϯϯ ƚŚĞƉĂƌƟĐŝƉĂƟŶŐĞŵƉůŽLJĞƌƐĂŶĚƚŚĞ&ƵŶĚ͕ĂŶĚƚŚĂƚƚŚĞ &ƵŶĚŝŶĐůƵĚĞƐůŝĨĞƟŵĞƉĞŶƐŝŽŶĞƌƐĂŶĚƚŚĞŝƌƌĞǀĞƌƐŝŽŶĂƌLJ ŝīĞƌĞŶĐĞďĞƚǁĞĞŶƐƐĞƚƐĂŶĚĐĐƌƵĞĚ (326,809) ďĞŶĞĮĐŝĂƌŝĞƐ͖ŝƚŝƐƵŶůŝŬĞůLJƚŚĂƚƚŚĞ&ƵŶĚǁŝůůďĞǁŽƵŶĚƵƉ͘ ĞŶĞĮƚƐ /ŶƚŚĞƵŶůŝŬĞůLJĞǀĞŶƚƚŚĂƚƚŚĞ&ƵŶĚŝƐǁŽƵŶĚƵƉĂŶĚƚŚĞƌĞ ŝƐĂƐƵƌƉůƵƐŝŶƚŚĞ&ƵŶĚ͕ƚŚĞƐƵƌƉůƵƐĐĂŶŶŽƚďĞĂƉƉůŝĞĚĨŽƌ ƚŚĞďĞŶĞĮƚŽĨƚŚĞĚĞĮŶĞĚďĞŶĞĮƚĞŵƉůŽLJĞƌƐǁŚĞƌĞƚŚĞƌĞ sĞƐƚĞĚĞŶĞĮƚƐ ϰ͕ϴϯϴ͕ϱϬϯ ĂƌĞŽŶͲŐŽŝŶŐĚĞĮŶĞĚďĞŶĞĮƚŽďůŝŐĂƟŽŶƐ͘dŚĞƐƵƌƉůƵƐǁŽƵůĚ ;DŝŶŝŵƵŵƐƵŵǁŚŝĐŚŵƵƐƚďĞƉĂŝĚƚŽ ďĞƚƌĂŶƐĨĞƌƌĞĚƚŽƚŚĞĨƵŶĚĂĐĐĞƉƟŶŐƚŚŽƐĞĚĞĮŶĞĚďĞŶĞĮƚ ŵĞŵďĞƌƐǁŚĞŶƚŚĞLJůĞĂǀĞƚŚĞĨƵŶĚͿ ŽďůŝŐĂƟŽŶƐ;ŝŶĐůƵĚŝŶŐƚŚĞůŝĨĞƟŵĞƉĞŶƐŝŽŶŽďůŝŐĂƟŽŶƐͿŽĨƚŚĞ &ƵŶĚ͘/ŶƚŚĞĞǀĞŶƚƚŚĂƚĂƉĂƌƟĐŝƉĂƟŶŐĞŵƉůŽLJĞƌŝƐǁŽƵŶĚͲ dŚĞĮŶĂŶĐŝĂůĂƐƐƵŵƉƟŽŶƐƵƐĞĚƚŽĐĂůĐƵůĂƚĞƚŚĞĐĐƌƵĞĚ ƵƉ͕ƚŚĞĚĞĮŶĞĚďĞŶĞĮƚŽďůŝŐĂƟŽŶƐŽĨƚŚĂƚĞŵƉůŽLJĞƌǁŝůůďĞ ĞŶĞĮƚƐĨŽƌƚŚĞĚĞĮŶĞĚďĞŶĞĮƚĐĂƚĞŐŽƌLJŽĨƚŚĞ&ƵŶĚǁĞƌĞ͗ ƚƌĂŶƐĨĞƌƌĞĚƚŽƚŚĂƚĞŵƉůŽLJĞƌ͛ƐƐƵĐĐĞƐƐŽƌ͘ EĞƚ/ŶǀĞƐƚŵĞŶƚZĞƚƵƌŶ ϳ͘ϱϬйƉ͘Ă͘ ŝīĞƌĞŶĐĞƐĞƚǁĞĞŶĂůĐƵůĂƟŽŶƐ͗The Fund surplus ^ĂůĂƌLJ/ŶŇĂƟŽŶ ϰ͘ϮϱйƉ͘Ă͘ ŽƌĚĞĮĐŝƚ;ŝ͘Ğ͘ƚŚĞĚŝīĞƌĞŶĐĞďĞƚǁĞĞŶĨƵŶĚĂƐƐĞƚƐĂŶĚ ůŝĂďŝůŝƟĞƐͿŝƐĐĂůĐƵůĂƚĞĚĚŝīĞƌĞŶƚůLJĨŽƌĨƵŶĚŝŶŐƉƵƌƉŽƐĞƐ;ŝ͘Ğ͘ WƌŝĐĞ/ŶŇĂƟŽŶ Ϯ͘ϳϱйƉ͘Ă͘ ĐĂůĐƵůĂƟŶŐƌĞƋƵŝƌĞĚĐŽŶƚƌŝďƵƟŽŶƐͿ͕ĨŽƌƚŚĞĐĂůĐƵůĂƟŽŶŽĨ dŚĞŶĞdžƚĨƵůůĂĐƚƵĂƌŝĂůŝŶǀĞƐƟŐĂƟŽŶŽĨƚŚĞ&ƵŶĚ͛ƐůŝĂďŝůŝƚLJ ĂĐĐƌƵĞĚďĞŶĞĮƚƐĂƐƌĞƋƵŝƌĞĚŝŶ^ϮϱĂŶĚĨŽƌƚŚĞǀĂůƵĞƐ ĨŽƌĂĐĐƌƵĞĚďĞŶĞĮƚƐǁŝůůďĞďĂƐĞĚŽŶƚŚĞ&ƵŶĚ͛ƐƉŽƐŝƟŽŶ ŶĞĞĚĞĚĨŽƌƚŚĞ^ϭϭϵĚŝƐĐůŽƐƵƌĞŝŶƚŚĞŽƵŶĐŝů͛ƐĮŶĂŶĐŝĂů ĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ͘dŚĞĂŶƟĐŝƉĂƚĞĚĐŽŵƉůĞƟŽŶĚĂƚĞŽĨƚŚŝƐ ƐƚĂƚĞŵĞŶƚƐ͘^ϮϱƌĞƋƵŝƌĞƐƚŚĂƚƚŚĞƉƌĞƐĞŶƚǀĂůƵĞŽĨƚŚĞ ĂĐƚƵĂƌŝĂůŝŶǀĞƐƟŐĂƟŽŶŝƐϭϵĞĐĞŵďĞƌϮϬϭϰ͘ 76 x Golden Plains Shire Annual Report 2013-14 Note 31: Superannuation (Continued) ƐƵƉĞƌĂŶŶƵĂƟŽŶƐĐŚĞŵĞƚŚĂƚŵĂLJƌĞƐƵůƚŝŶƚŚĞŶĞĞĚƚŽŵĂŬĞ ĂĚĚŝƟŽŶĂůĐŽŶƚƌŝďƵƟŽŶƐƚŽƚŚĞƐĐŚĞŵĞƚŽĞŶƐƵƌĞƚŚĂƚƚŚĞ ^ƵƉĞƌĂŶŶƵĂƟŽŶŽŶƚƌŝďƵƟŽŶƐ͗ŽŶƚƌŝďƵƟŽŶƐďLJŽƵŶĐŝůƚŽ ůŝĂďŝůŝƟĞƐŽĨƚŚĞĨƵŶĚĂƌĞĐŽǀĞƌĞĚďLJƚŚĞĂƐƐĞƚƐŽĨƚŚĞĨƵŶĚ͘ ƐƵƉĞƌĂŶŶƵĂƟŽŶƉůĂŶƐĨŽƌƚŚĞĮŶĂŶĐŝĂůLJĞĂƌĞŶĚĞĚϯϬ:ƵŶĞ ZĞĨĞƌƚŽEŽƚĞϯϭĨŽƌŵŽƌĞĚĞƚĂŝůƐ͘ ϮϬϭϰĂƌĞĚĞƚĂŝůĞĚďĞůŽǁ͗ >ĂŶĚĮůů^ŝƚĞ Scheme Type of Rate 2014 2013 scheme $’000 $’000 ŽƵŶĐŝůŽƉĞƌĂƚĞƐĂůĂŶĚĮůůĂƚZŽŬĞǁŽŽĚ͖ƚŚĞdĞĞƐĚĂůĞůĂŶĚĮůů ǁĂƐĐůŽƐĞĚĚƵƌŝŶŐƚŚĞϮϬϭϭͲϭϮĮŶĂŶĐŝĂůLJĞĂƌ͘ŽƵŶĐŝůǁŝůů Vision Super ĞĮŶĞĚ ϵ͘Ϯϱй 114 ϭϬϳ ŚĂǀĞƚŽĐĂƌƌLJŽƵƚƐŝƚĞƌĞŚĂďŝůŝƚĂƟŽŶǁŽƌŬƐŝŶƚŚĞĨƵƚƵƌĞ͘ ďĞŶĞĮƚƐ ƚďĂůĂŶĐĞĚĂƚĞŽƵŶĐŝůŝƐƵŶĂďůĞƚŽĂĐĐƵƌĂƚĞůLJĂƐƐĞƐƐƚŚĞ Vision Super ĐĐƵŵƵůĂƟŽŶ ϵ͘Ϯϱй ϱϴϬ 544 ĮŶĂŶĐŝĂůŝŵƉůŝĐĂƟŽŶƐŽĨƐƵĐŚǁŽƌŬƐ͘ WůĂŶ ^ƵƉĞƌĂŶŶƵĂƟŽŶ ĐĐƵŵƵůĂƟŽŶ ϵ͘Ϯϱй 446 345 Bank Guarantee – Minister for Energy and Resources Choice Funds WůĂŶƐ ŽƵŶĐŝůŚĂƐŝƐƐƵĞĚĂĂŶŬ'ƵĂƌĂŶƚĞĞĨŽƌƚŚĞĂŵŽƵŶƚŽĨ Ψϵ͕ϬϬϬŝŶĨĂǀŽƵƌŽĨƚŚĞDŝŶŝƐƚĞƌĨŽƌ ŶĞƌŐLJΘZĞƐŽƵƌĐĞƐĨŽƌ dŚĞƌĞǁĞƌĞΨϮϱŬĐŽŶƚƌŝďƵƟŽŶƐŽƵƚƐƚĂŶĚŝŶŐƚŽƚŚĞĂďŽǀĞ ƌĞŚĂďŝůŝƚĂƟŽŶŽĨƚŚĞĞDŽƩƐͬ:ŽůůLJƐ'ƌĂǀĞůWŝƚ͘ŽƵŶĐŝůĚŽĞƐ ƐĐŚĞŵĞƐĂƐĂƚϯϬ:ƵŶĞϮϬϭϰ͘ ŶŽƚďĞůŝĞǀĞƚŚĂƚƚŚĞďĂŶŬŐƵĂƌĂŶƚĞĞǁŝůůďĞĞdžĞƌĐŝƐĞĚ͘ dŚĞĞdžƉĞĐƚĞĚĐŽŶƚƌŝďƵƟŽŶƐƚŽďĞƉĂŝĚƚŽƚŚĞĚĞĮŶĞĚďĞŶĞĮƚ Bank Guarantee – Department of Sustainability & ĐĂƚĞŐŽƌLJŽĨsŝƐŝŽŶ^ƵƉĞƌĨŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐϯϬ:ƵŶĞϮϬϭϱŝƐ Environment ΨϭϭϴŬ͘ ŽƵŶĐŝůŚĂƐŝƐƐƵĞĚĂĂŶŬ'ƵĂƌĂŶƚĞĞĨŽƌƚŚĞĂŵŽƵŶƚŽĨ Note 32: Contingent Liabilities and Ψϯϳ͕ϱϬϬŝŶĨĂǀŽƵƌŽĨƚŚĞĞƉĂƌƚŵĞŶƚŽĨEĂƚƵƌĂůZĞƐŽƵƌĐĞƐ Θ ŶǀŝƌŽŶŵĞŶƚĨŽƌƌĞŚĂďŝůŝƚĂƟŽŶŽĨƚŚĞ^ĂŐŽ,ŝůů'ƌĂǀĞůWŝƚ͘ Contingent Assets ŽƵŶĐŝůĚŽĞƐŶŽƚďĞůŝĞǀĞƚŚĂƚƚŚĞďĂŶŬŐƵĂƌĂŶƚĞĞǁŝůůďĞ ŽŶƟŶŐĞŶƚ>ŝĂďŝůŝƟĞƐ ĞdžĞƌĐŝƐĞĚ͘ ŽƵŶĐŝůŝƐƉƌĞƐĞŶƚůLJŝŶǀŽůǀĞĚŝŶĐŽŶĮĚĞŶƟĂůůĞŐĂůŵĂƩĞƌƐ͕ ŽƵŶĐŝůŚĂƐŝƐƐƵĞĚĂĂŶŬ'ƵĂƌĂŶƚĞĞĨŽƌƚŚĞĂŵŽƵŶƚŽĨ ǁŚŝĐŚĂƌĞďĞŝŶŐĐŽŶĚƵĐƚĞĚƚŚƌŽƵŐŚŽƵŶĐŝů͛ƐƐŽůŝĐŝƚŽƌƐ͘ Ψϭϳ͕ϬϬϬŝŶĨĂǀŽƵƌŽĨƚŚĞĞƉĂƌƚŵĞŶƚŽĨEĂƚƵƌĂůZĞƐŽƵƌĐĞƐ ƐƚŚĞƐĞŵĂƩĞƌƐĂƌĞLJĞƚƚŽďĞĮŶĂůŝƐĞĚ͕ĂŶĚƚŚĞĮŶĂŶĐŝĂů Θ ŶǀŝƌŽŶŵĞŶƚĨŽƌƌĞŚĂďŝůŝƚĂƟŽŶŽĨƚŚĞůĂĐŬ,ŝůů'ƌĂǀĞůWŝƚ͘ ŽƵƚĐŽŵĞƐĂƌĞƵŶĂďůĞƚŽďĞƌĞůŝĂďůLJĞƐƟŵĂƚĞĚ͕ŶŽĂůůŽǁĂŶĐĞ ŽƵŶĐŝůĚŽĞƐŶŽƚďĞůŝĞǀĞƚŚĂƚƚŚĞďĂŶŬŐƵĂƌĂŶƚĞĞǁŝůůďĞ ĨŽƌƚŚĞƐĞĐŽŶƟŶŐĞŶĐŝĞƐŚĂƐďĞĞŶŵĂĚĞŝŶƚŚĞĮŶĂŶĐŝĂůƌĞƉŽƌƚ͘ ĞdžĞƌĐŝƐĞĚ͘ ŽƵŶĐŝůŚĂƐŽďůŝŐĂƟŽŶƐƵŶĚĞƌĂĚĞĮŶĞĚďĞŶĞĮƚ ŽŶƟŶŐĞŶƚƐƐĞƚƐ - Nil Golden Plains Shire Annual Report 2013-14 x77 Note 33: Commitments Council has entered into the following commitments: ;dŚĞƐĞĮŐƵƌĞƐŝŶĐůƵĚĞ'^dͿ 2014 GREATER LESS ONE YEAR THAN THAN TO FIVE TOTAL FIVE ONE YEAR YEARS YEARS $’000 $’000 $’000 $’000 KƉĞƌĂƟŶŐ tĂƐƚĞDĂŶĂŐĞŵĞŶƚ ϭ͕ϳϭϭ - - ϭ͕ϳϭϭ Tip Contractor 24 - - 24 DŐƚŽĨĂŶŶŽĐŬďƵƌŶ>ĞŝƐƵƌĞĞŶƚƌĞ - - - - ŽŵĞƐƟĐtĂƐƚĞDĂŶĂŐĞŵĞŶƚWůĂŶ 38 - - 38 dŽƚĂůKƉĞƌĂƟŶŐŽŵŵŝƚŵĞŶƚƐ 1,773 - - 1,773 Capital ZŽĂĚDĂŝŶƚĞŶĂŶĐĞdƌƵĐŬ 225 - - 225 ĂŶŶŽĐŬďƵƌŶ^ŽĐĐĞƌWŝƚĐŚ ϮϮϬ - - ϮϮϬ ƌĐŚŝƚĞĐƚƵƌĂů^ĞƌǀŝĐĞƐ 115 - - 115 ,ĂĚĚŽŶZĞĐZĞƐĞƌǀĞWĂǀŝůůŝŽŶ 211 - - 211 Total Capital Commitments 771 - - 771 2013 GREATER LESS ONE YEAR THAN THAN TO FIVE TOTAL FIVE ONE YEAR YEARS YEARS $’000 $’000 $’000 $’000 KƉĞƌĂƟŶŐ tĂƐƚĞDĂŶĂŐĞŵĞŶƚ ϭ͕ϲϬϵ ϭ͕ϲϴϵ - ϯ͕Ϯϵϴ Tip Contractor 22 25 - 47 DŐƚŽĨĂŶŶŽĐŬďƵƌŶ>ĞŝƐƵƌĞĞŶƚƌĞ 28 - - 28 ŽŵĞƐƟĐtĂƐƚĞDĂŶĂŐĞŵĞŶƚWůĂŶ - - - - dŽƚĂůKƉĞƌĂƟŶŐŽŵŵŝƚŵĞŶƚƐ 1,659 1,714 - 3,373 Capital Nil - - - - 78 x Golden Plains Shire Annual Report 2013-14 Note 34: Financial Ratios (Performance Indicators) 2014 2013 2012 ;ĂͿZĞǀĞŶƵĞZĂƟŽ͗WƵƌƉŽƐĞ͗dŽĂƐƐĞƐƐƚŚĞĚĞƉĞŶĚĞŶĐĞŽŶŶŽŶͲƌĂƚĞŝŶĐŽŵĞƐŽƵƌĐĞƐ͘ Rates & Charges Revenue ϭϲ͕ϳϭϲ ϰϲ͘ϱϬй ϰϬ͘ϮϬй ϯϮ͘ϲϲй Total Revenue ϯϱ͕ϵϱϮ dŚĞƌĂƟŽĞdžƉƌĞƐƐĞƐZĂƚĞƐΘŚĂƌŐĞƐƌĞǀĞŶƵĞĂƐĂƉƌŽƉŽƌƟŽŶŽĨƚŽƚĂůƌĞǀĞŶƵĞĂŶĚŝŶĚŝĐĂƚĞƐŽƵŶĐŝů͛ƐƌĞůŝĂŶĐĞŽŶƌĂƚĞƐ ƌĞǀĞŶƵĞ͘ ;ďͿĞďƚ džƉŽƐƵƌĞZĂƟŽ͗WƵƌƉŽƐĞ͗dŽŝĚĞŶƟĨLJƚŚĞĞdžƉŽƐƵƌĞŽĨŽƵŶĐŝůƚŽĚĞďƚĂŶĚƚŽŝŶĚŝĐĂƚĞƚŚĞƐŽůǀĞŶĐLJŽĨƚŚĞŽƵŶĐŝů͘ Total Indebtedness ϭϭ͕ϰϯϳ ϭϯ͘ϲϴй ϭϮ͘ϵϱй ϭϴ͘ϱϱй dŽƚĂůZĞĂůŝƐĂďůĞƐƐĞƚƐ ϴϯ͕ϱϴϮ dŚĞƌĂƟŽĞdžƉƌĞƐƐĞƐƚŚĞƉĞƌĐĞŶƚĂŐĞŽĨƚŽƚĂůůŝĂďŝůŝƟĞƐĨŽƌĞĂĐŚĚŽůůĂƌŽĨƌĞĂůŝƐĂďůĞĂƐƐĞƚƐ͘ ;ĐͿĞďƚ^ĞƌǀŝĐŝŶŐZĂƟŽ͗WƵƌƉŽƐĞ͗dŽĂƐƐĞƐƐŽƵŶĐŝů͛ƐĐĂƉĂĐŝƚLJƚŽƐĞƌǀŝĐĞĚĞďƚŽƵƚƐƚĂŶĚŝŶŐ͘ Debt Servicing ϯϬϯ Ϭ͘ϴϰй Ϭ͘ϳϮй Ϭ͘ϵϬй Total Revenue ϯϱ͕ϵϱϮ dŚĞƌĂƟŽĞdžƉƌĞƐƐĞƐƚŚĞĂŵŽƵŶƚŽĨŝŶƚĞƌĞƐƚƉĂŝĚĂƐĂƉĞƌĐĞŶƚĂŐĞŽĨŽƵŶĐŝů͛ƐƚŽƚĂůƌĞǀĞŶƵĞ͘ ;ĚͿĞďƚŽŵŵŝƚŵĞŶƚZĂƟŽ͗WƵƌƉŽƐĞ͗dŽŝĚĞŶƟĨLJŽƵŶĐŝů͛ƐĚĞďƚƌĞĚĞŵƉƟŽŶƐƚƌĂƚĞŐLJ͘ ZĞĚĞŵƉƟŽŶ ϳϬϵ ϰ͘Ϯϰй ϱ͘ϰϭй ϭϰ͘ϳϱй Rates & Charges Revenue ϭϲ͕ϳϭϲ dŚĞƌĂƟŽĞdžƉƌĞƐƐĞƐƚŚĞƉĞƌĐĞŶƚĂŐĞŽĨƌĂƚĞƌĞǀĞŶƵĞƵƟůŝƐĞĚƚŽƉĂLJŝŶƚĞƌĞƐƚĂŶĚƌĞĚĞĞŵĚĞďƚƉƌŝŶĐŝƉĂů͘ ;ĞͿtŽƌŬŝŶŐĂƉŝƚĂůZĂƟŽ͗WƵƌƉŽƐĞ͗dŽĂƐƐĞƐƐŽƵŶĐŝů͛ƐĂďŝůŝƚLJƚŽŵĞĞƚĐƵƌƌĞŶƚĐŽŵŵŝƚŵĞŶƚƐ͘ ƵƌƌĞŶƚƐƐĞƚƐ ϭϯ͕ϰϯϮ 272% 316% 233% ƵƌƌĞŶƚ>ŝĂďŝůŝƟĞƐ ϰ͕ϵϯϵ dŚĞƌĂƟŽĞdžƉƌĞƐƐĞƐƚŚĞůĞǀĞůŽĨĐƵƌƌĞŶƚĂƐƐĞƚƐƚŚĞŽƵŶĐŝůŚĂƐĂǀĂŝůĂďůĞƚŽŵĞĞƚŝƚƐĐƵƌƌĞŶƚůŝĂďŝůŝƟĞƐ͘ ;ĨͿĚũƵƐƚĞĚtŽƌŬŝŶŐĂƉŝƚĂůZĂƟŽ͗WƵƌƉŽƐĞ͗dŽĂƐƐĞƐƐŽƵŶĐŝů͛ƐĂďŝůŝƚLJƚŽŵĞĞƚĐƵƌƌĞŶƚĐŽŵŵŝƚŵĞŶƚƐ͘ ƵƌƌĞŶƚƐƐĞƚƐ ϭϯ͕ϰϯϮ 387% 449% 298% ƵƌƌĞŶƚ>ŝĂďŝůŝƟĞƐ;ĂĚũͿ ϯ͕ϰϳϬ dŚĞƌĂƟŽĞdžƉƌĞƐƐĞƐƚŚĞůĞǀĞůŽĨĐƵƌƌĞŶƚĂƐƐĞƚƐƚŚĞŽƵŶĐŝůŚĂƐĂǀĂŝůĂďůĞƚŽŵĞĞƚŝƚƐĐƵƌƌĞŶƚůŝĂďŝůŝƟĞƐ͘ ĞĮŶŝƟŽŶƐ ͞ƵƌƌĞŶƚĂƐƐĞƚƐ͟ŵĞĂŶƐƚŚĞƚŽƚĂůĐƵƌƌĞŶƚĂƐƐĞƚƐĂƐƐŚŽǁŶŝŶƚŚĞĂůĂŶĐĞ^ŚĞĞƚ͘ ͞ƵƌƌĞŶƚůŝĂďŝůŝƟĞƐ͟ŵĞĂŶƐƚŚĞƚŽƚĂůĐƵƌƌĞŶƚůŝĂďŝůŝƟĞƐĂƐƐŚŽǁŶŝŶƚŚĞĂůĂŶĐĞ^ŚĞĞƚ͘ ͞ĞďƚƐĞƌǀŝĐŝŶŐĐŽƐƚƐ͟ŝŶĐůƵĚĞƐŝŶƚĞƌĞƐƚĂŶĚĐŚĂƌŐĞƐŽŶůŽĂŶƐĂŶĚŽǀĞƌĚƌĂŌƐ͘ ͞dŽƚĂůŝŶĚĞďƚĞĚŶĞƐƐ͟ŵĞĂŶƐƚŽƚĂůůŝĂďŝůŝƟĞƐ͕ďŽƚŚĐƵƌƌĞŶƚĂŶĚŶŽŶͲĐƵƌƌĞŶƚ͕ĂƐƐŚŽǁŶŝŶƚŚĞĂůĂŶĐĞ^ŚĞĞƚ͘ ͞dŽƚĂůƌĞĂůŝƐĂďůĞĂƐƐĞƚƐ͟ŵĞĂŶƐƚŽƚĂůĐƵƌƌĞŶƚĂƐƐĞƚƐĂŶĚƚŽƚĂůƌĞĂůŝƐĂďůĞŶŽŶͲĐƵƌƌĞŶƚĂƐƐĞƚƐ͘ ͞dŽƚĂůƌĞǀĞŶƵĞ͟ŵĞĂŶƐƚŽƚĂůƌĞǀĞŶƵĞĂƐƐŚŽǁŶŝŶƚŚĞŽŵƉƌĞŚĞŶƐŝǀĞ/ŶĐŽŵĞ^ƚĂƚĞŵĞŶƚ͘ ͞ĚũƵƐƚĞĚǁŽƌŬŝŶŐĂƉŝƚĂů͟ŝƐƚŚĞǁŽƌŬŝŶŐĐĂƉŝƚĂůƌĂƟŽĂĚũƵƐƚĞĚĨŽƌůŽŶŐƐĞƌǀŝĐĞůĞĂǀĞƚŚĂƚŝƐƐŚŽǁŶĂƐĂĐƵƌƌĞŶƚůŝĂďŝůŝƚLJ ďĞĐĂƵƐĞŽƵŶĐŝůĚŽĞƐŶŽƚŚĂǀĞĂŶƵŶĐŽŶĚŝƟŽŶĂůƌŝŐŚƚƚŽĚĞĨĞƌƐĞƩůĞŵĞŶƚŽĨƚŚĞůŝĂďŝůŝƚLJĨŽƌĂƚůĞĂƐƚƚǁĞůǀĞŵŽŶƚŚƐĂŌĞƌƚŚĞ ƌĞƉŽƌƟŶŐĚĂƚĞ͕ďƵƚŝƐŶŽƚůŝŬĞůLJƚŽĨĂůůĚƵĞǁŝƚŚŝŶϭϮŵŽŶƚŚƐĂŌĞƌƚŚĞĞŶĚŽĨƚŚĞƉĞƌŝŽĚ͘ ͞ZĂƚĞƐΘŚĂƌŐĞƐZĞǀĞŶƵĞ͟ŵĞĂŶƐŐĞŶĞƌĂůƌĂƚĞƐ͕ůĂŶĚĮůůůĞǀLJĂŶĚŵƵŶŝĐŝƉĂůĂŶĚŐĂƌďĂŐĞĐŚĂƌŐĞƐ͘ Golden Plains Shire Annual Report 2013-14 x79 Note 35: Financial Instruments ;ĂͿĐĐŽƵŶƟŶŐWŽůŝĐŝĞƐ͕dĞƌŵƐĂŶĚŽŶĚŝƟŽŶƐ ŽƵŶĐŝů͛ƐĂĐĐŽƵŶƟŶŐƉŽůŝĐŝĞƐ͕ŝŶĐůƵĚŝŶŐƚŚĞƚĞƌŵƐĂŶĚĐŽŶĚŝƟŽŶƐŽĨĞĂĐŚĐůĂƐƐŽĨĮŶĂŶĐŝĂůĂƐƐĞƚĂŶĚĮŶĂŶĐŝĂůůŝĂďŝůŝƚLJ͕ďŽƚŚ ƌĞĐŽŐŶŝnjĞĚĂŶĚƵŶƌĞĐŽŐŶŝnjĞĚĂƚďĂůĂŶĐĞĚĂƚĞ͕ĂƌĞĂƐĨŽůůŽǁƐ͗ FINANCIAL NOTE ACCOUNTING POLICIES TERMS AND CONDITIONS INSTRUMENT ;ϭͿ&ŝŶĂŶĐŝĂůƐƐĞƚƐ Cash and Cash Equivalents ϮϬ ĂƐŚŽŶŚĂŶĚĂŶĚĂƚďĂŶŬĂŶĚŵŽŶĞLJ ĂƐŚĚĞƉŽƐŝƚƐƌĞƚƵƌŶĞĚŇŽĂƟŶŐŝŶƚĞƌĞƐƚ ŵĂƌŬĞƚĐĂůůĂĐĐŽƵŶƚĂƌĞǀĂůƵĞĚĂƚĨĂĐĞ ƌĂƚĞƐŽĨϮ͘ϳϳй;ϮϬϭϯ͗ϯ͘ϳϬйͿ͘dŚĞŝŶƚĞƌĞƐƚ ƚĂůůĐĐŽƵŶƚƐĂŶĚĂƐŚKŶ ǀĂůƵĞ͘/ŶƚĞƌĞƐƚŝƐƌĞĐŽŐŶŝƐĞĚĂƐŝƚĂĐĐƌƵĞƐ͘ ƌĂƚĞĂƚďĂůĂŶĐĞĚĂƚĞǁĂƐϮ͘ϲϵй;ϮϬϭϯ͗ ,ĂŶĚ Ϯ͘ϵϱйͿ͘ Short Term Deposits Investments and bills are valued at Short-term deposit held as at balance ĂŵŽƌƟƐĞĚĐŽƐƚ͘/ŶǀĞƐƚŵĞŶƚƐĂƌĞŚĞůĚƚŽ ĚĂƚĞŚĂƐĂŵĂƚƵƌŝƚLJŽĨϵϬĚĂLJƐĂŶĚ ŵĂdžŝŵŝƐĞŝŶƚĞƌĞƐƚƌĞƚƵƌŶƐŽĨƐƵƌƉůƵƐĐĂƐŚ͘ ĞīĞĐƟǀĞŝŶƚĞƌĞƐƚƌĂƚĞŽĨϯ͘ϳϱй;ϮϬϭϯ͗ Interest revenues are recognised as they ϰ͘ϬϴйƚŽϰ͘ϯϱйͿ͘ ĂĐĐƌƵĞ͘ KƚŚĞƌ&ŝŶĂŶĐŝĂůƐƐĞƚƐ 21 dĞƌŵĞƉŽƐŝƚƐхϵϬĚĂLJƐĂƌĞǀĂůƵĞĚĂƚ dĞƌŵĚĞƉŽƐŝƚƐхϵϬĚĂLJƐŚĞůĚĂƐĂƚďĂůĂŶĐĞ ĂŵŽƌƟƐĞĚĐŽƐƚ͘/ŶǀĞƐƚŵĞŶƚƐĂƌĞŚĞůĚƚŽ date have an average maturity of 134 ŵĂdžŝŵŝƐĞŝŶƚĞƌĞƐƚƌĞƚƵƌŶƐŽĨƐƵƌƉůƵƐĐĂƐŚ͘ ĚĂLJƐĂŶĚĞīĞĐƟǀĞŝŶƚĞƌĞƐƚƌĂƚĞƐŽĨϯ͘ϱϬй Interest revenues are recognised as they ƚŽϯ͘ϴϬй;ϮϬϭϯ͗ŽƵŶĐŝůŚĞůĚŶŽƚĞƌŵ ĂĐĐƌƵĞ͘ ĚĞƉŽƐŝƚƐхϵϬĚĂLJƐͿ͘ dƌĂĚĞĂŶĚKƚŚĞƌZĞĐĞŝǀĂďůĞƐ 22 dƌĂĚĞĂŶĚŽƚŚĞƌƌĞĐĞŝǀĂďůĞƐ;ĞdžĐůƵĚŝŶŐ ƌĞĚŝƚ^ĂůĞƐĂƌĞŽŶϭϰĚĂLJƚĞƌŵƐ͘/ŶƚĞƌĞƐƚ ƐƚĂƚƵƚŽƌLJƌĞĐĞŝǀĂďůĞƐͿĂƌĞĐĂƌƌŝĞĚĂƚ is charged on overdue debts arising nominal amounts less provision for from the provision of goods and services ĚŽƵďƞƵůĚĞďƚƐ͘ƉƌŽǀŝƐŝŽŶĨŽƌĚŽƵďƞƵů ĞdžĐůƵĚŝŶŐ,ĚĞďƚŽƌƐĂƚƚŚĞƌĂƚĞŽĨ ĚĞďƚŝƐƌĞĐŽŐŶŝƐĞĚǁŚĞŶĐŽůůĞĐƟŽŶŽĨ ϭϬ͘ϱй;ϮϬϭϯ͗ϭϬ͘ϱйͿ͘ĐĐƌƵĞĚŝŶĐŽŵĞŝƐ the full nominal amount is no longer ŶŽƌŵĂůůLJƐĞƩůĞĚǁŝƚŚŝŶϯϬĚĂLJƐ͘ ƉƌŽďĂďůĞ͘ŽůůĞĐƚĂďŝůŝƚLJŽĨŽǀĞƌĚƵĞ ĂĐĐŽƵŶƚƐŝƐĂƐƐĞƐƐĞĚŽŶĂŶŽŶŐŽŝŶŐďĂƐŝƐ͘ ;ϮͿ&ŝŶĂŶĐŝĂů>ŝĂďŝůŝƟĞƐ dƌĂĚĞĂŶĚKƚŚĞƌWĂLJĂďůĞƐ 25 >ŝĂďŝůŝƟĞƐĂƌĞƌĞĐŽŐŶŝƐĞĚĨŽƌĂŵŽƵŶƚƐ 'ĞŶĞƌĂůĐƌĞĚŝƚŽƌƐĂƌĞƵŶƐĞĐƵƌĞĚ͕ŶŽƚ to be paid in the future for goods and subject to interest charges and are services provided to Council as at ŶŽƌŵĂůůLJƐĞƩůĞĚǁŝƚŚŝŶϯϬĚĂLJƐŽĨŝŶǀŽŝĐĞ balance date whether or not invoices ƌĞĐĞŝƉƚ͘ ŚĂǀĞďĞĞŶƌĞĐĞŝǀĞĚ͘ Interest-Bearing Loans & 26 ĂŶŬďŽƌƌŽǁŝŶŐƐĂƌĞĐĂƌƌŝĞĚĂƚƚŚĞŝƌ Borrowings are secured by way of Borrowings ƉƌŝŶĐŝƉĂůĂŵŽƵŶƚƐ͕ǁŚŝĐŚƌĞƉƌĞƐĞŶƚ mortgages over the general rates of the ƚŚĞƉƌĞƐĞŶƚǀĂůƵĞŽĨĨƵƚƵƌĞĐĂƐŚŇŽǁƐ ŽƵŶĐŝů͘ŽƵŶĐŝůŚĂƐƐŝdžďĂŶŬůŽĂŶƐ͘dŚĞ ĂƐƐŽĐŝĂƚĞĚǁŝƚŚƐĞƌǀŝĐŝŶŐƚŚĞĚĞďƚ͘ ĞīĞĐƟǀĞŝŶƚĞƌĞƐƚƌĂƚĞŽŶďŽƌƌŽǁŝŶŐƐŝƐ Interest is recongised over the period it ϰ͘ϱϰй;ϮϬϭϯ͗ϱ͘ϯϯйͿ͘ becomes due and recognised as part of ƉĂLJĂďůĞƐ͘ Trust Funds 28 Trust funds are recognised for amounts Trust funds are normally repaid within to be paid in the future for amounts held ŽŶĞLJĞĂƌ͘ ŽŶďĞŚĂůĨŽĨŽƚŚĞƌƉĂƌƟĞƐ͘/ŶƚĞƌĞƐƚŝƐŶŽƚ ƉĂLJĂďůĞŽŶƚŚĞƐĞůŝĂďŝůŝƟĞƐ͘ ϴϬ x Golden Plains Shire Annual Report 2013-14 (b) Interest Rate Risk ŽƵŶĐŝů͛ƐĞdžƉŽƐƵƌĞƚŽŝŶƚĞƌĞƐƚƌĂƚĞƌŝƐŬƐĂŶĚƚŚĞǁĞŝŐŚƚĞĚĂǀĞƌĂŐĞĞīĞĐƟǀĞŝŶƚĞƌĞƐƚƌĂƚĞƐŽĨĮŶĂŶĐŝĂůĂƐƐĞƚƐĂŶĚĮŶĂŶĐŝĂů ůŝĂďŝůŝƟĞƐ͕ďŽƚŚƌĞĐŽŐŶŝƐĞĚĂŶĚƵŶƌĞĐŽŐŶŝƐĞĚĂƚďĂůĂŶĐĞĚĂƚĞ͕ĂƌĞĂƐĨŽůůŽǁƐ͗ 2014 TOTAL CARRYING FIXED INTEREST RATE MATURING IN AMOUNT FINANCIAL INSTRUMENT NOTE FLOATING 1 YEAR OR OVER 1-5 MORE NON- DISCLOSED INTEREST LESS YEARS THAN 5 INTEREST IN BALANCE RATE YEARS BEARING SHEET $’000 $’000 $’000 $’000 $’000 $’000 (1) Financial Assets ƚĂůůĐĐŽƵŶƚƐĂŶĚĂƐŚKŶ,ĂŶĚ ϮϬ ϯ͕ϰϯϰ - - - - ϯ͕ϰϯϰ Short Term Deposits ϮϬ - ϱϬϬ - - - ϱϬϬ dĞƌŵĞƉŽƐŝƚƐхϵϬĚĂLJƐ 21 - ϲ͕ϬϬϬ - - - ϲ͕ϬϬϬ dƌĂĚĞĂŶĚKƚŚĞƌZĞĐĞŝǀĂďůĞƐ 22 - - - - ϭ͕ϴϲϴ ϭ͕ϴϲϴ Total Financial Assets 3,434 6,500 - - 1,868 11,802 tĞŝŐŚƚĞĚǀĞƌĂŐĞ/ŶƚĞƌĞƐƚZĂƚĞ Ϯ͘ϳϳй ϯ͘ϲϯй ;ϮͿ&ŝŶĂŶĐŝĂů>ŝĂďŝůŝƟĞƐ dƌĂĚĞĂŶĚKƚŚĞƌWĂLJĂďůĞƐ 25 - - - - ϭ͕ϳϲϰ ϭ͕ϳϲϰ Interest-Bearing Loans & 26 ϰ͕ϰϬϯ 433 ϭ͕ϬϴϬ 459 - ϲ͕ϯϳϱ Borrowings Trust Funds 28 - - - - 133 133 dŽƚĂů&ŝŶĂŶĐŝĂů>ŝĂďŝůŝƟĞƐ 4,403 433 1,080 459 1,897 8,272 tĞŝŐŚƚĞĚǀĞƌĂŐĞ/ŶƚĞƌĞƐƚZĂƚĞ ϯ͘ϯϯй ϳ͘ϯϵй ϳ͘ϰϴй ϳ͘Ϭϭй EĞƚ&ŝŶĂŶĐŝĂůƐƐĞƚƐ;>ŝĂďŝůŝƟĞƐͿ (969) 6,067 (1,080) (459) (29) 3,530 2013 TOTAL CARRYING FIXED INTEREST RATE MATURING IN AMOUNT FINANCIAL INSTRUMENT NOTE FLOATING 1 YEAR OR OVER 1-5 MORE NON- DISCLOSED INTEREST LESS YEARS THAN 5 INTEREST IN BALANCE RATE YEARS BEARING SHEET $’000 $’000 $’000 $’000 $’000 $’000 (1) Financial Assets ƚĂůůĐĐŽƵŶƚƐĂŶĚĂƐŚKŶ,ĂŶĚ ϮϬ ϰ͕ϴϱϮ - - - - ϰ͕ϴϱϮ Short Term Deposits ϮϬ - ϰ͕ϱϬϬ - - - ϰ͕ϱϬϬ dĞƌŵĞƉŽƐŝƚƐхϵϬĚĂLJƐ 21 ------dƌĂĚĞĂŶĚKƚŚĞƌZĞĐĞŝǀĂďůĞƐ 22 - - - - Ϯ͕Ϭϲϴ Ϯ͕Ϭϲϴ Total Financial Assets 4,852 4,500 - - 2,068 11,420 tĞŝŐŚƚĞĚǀĞƌĂŐĞ/ŶƚĞƌĞƐƚZĂƚĞ ϯ͘ϳϬй ϰ͘Ϯϲй ;ϮͿ&ŝŶĂŶĐŝĂů>ŝĂďŝůŝƟĞƐ dƌĂĚĞĂŶĚKƚŚĞƌWĂLJĂďůĞƐ 25 - - - - ϭ͕Ϯϲϰ ϭ͕Ϯϲϰ Interest-Bearing Loans & 26 Ϯ͕ϲϱϰ ϰϬϳ ϭ͕Ϯϯϴ 735 - ϱ͕Ϭϯϰ Borrowings Trust Funds 28 - - - - 171 171 dŽƚĂů&ŝŶĂŶĐŝĂů>ŝĂďŝůŝƟĞƐ 2,654 407 1,238 735 1,435 6,469 tĞŝŐŚƚĞĚǀĞƌĂŐĞ/ŶƚĞƌĞƐƚZĂƚĞ ϯ͘ϲϴй ϳ͘ϯϬй ϳ͘ϰϲй ϳ͘ϮϮй EĞƚ&ŝŶĂŶĐŝĂůƐƐĞƚƐ;>ŝĂďŝůŝƟĞƐͿ 2,198 4,093 (1,238) (735) 633 4,951 Golden Plains Shire Annual Report 2013-14 x81 Note 35: Financial Instruments (Continued) (c) Net Fair Value dŚĞĂŐŐƌĞŐĂƚĞŶĞƚĨĂŝƌǀĂůƵĞŽĨĮŶĂŶĐŝĂůĂƐƐĞƚƐĂŶĚĮŶĂŶĐŝĂůůŝĂďŝůŝƟĞƐĂƚďĂůĂŶĐĞĚĂƚĞĂƌĞĂƐĨŽůůŽǁƐ͗ NOTE TOTAL CARRYING AMOUNT AS AGGREGATE NET FAIR VALUE PER BALANCE SHEET 2014 2013 2014 2013 FINANCIAL INSTRUMENT $’000 $’000 $’000 $’000 (1) Financial Assets ƚĂůůĐĐŽƵŶƚƐĂŶĚĂƐŚKŶ,ĂŶĚ ϮϬ ϯ͕ϰϯϰ ϰ͕ϴϱϮ ϯ͕ϰϯϰ ϰ͕ϴϱϮ Short Term Deposits ϮϬ ϱϬϬ ϰ͕ϱϬϬ ϱϬϬ ϰ͕ϱϬϬ dĞƌŵĞƉŽƐŝƚƐхϵϬĚĂLJƐ 21 ϲ͕ϬϬϬ - ϲ͕ϬϬϬ - dƌĂĚĞĂŶĚKƚŚĞƌZĞĐĞŝǀĂďůĞƐ 22 ϭ͕ϴϲϴ Ϯ͕Ϭϲϴ ϭ͕ϴϲϴ Ϯ͕Ϭϲϴ Total Financial Assets 11,802 11,420 11,802 11,420 ;ϮͿ&ŝŶĂŶĐŝĂů>ŝĂďŝůŝƟĞƐ dƌĂĚĞĂŶĚKƚŚĞƌWĂLJĂďůĞƐ 25 ϭ͕ϳϲϰ ϭ͕Ϯϲϰ ϭ͕ϳϲϰ ϭ͕Ϯϲϰ Interest-Bearing Loans & Borrowings 26 ϲ͕ϯϳϱ ϱ͕Ϭϯϰ ϲ͕ϯϳϱ ϱ͕Ϭϯϰ Trust Funds 28 133 171 133 171 dŽƚĂů&ŝŶĂŶĐŝĂů>ŝĂďŝůŝƟĞƐ 8,272 6,469 8,272 6,469 (d) Credit Risk ŚĂǀĞĂŶLJĮŶĂŶĐĞůĞĂƐĞƐŽƌŽǀĞƌĚƌĂŌĂƌƌĂŶŐĞŵĞŶƚƐ͘ dŚĞŵĂdžŝŵƵŵĞdžƉŽƐƵƌĞƚŽĐƌĞĚŝƚƌŝƐŬĂƚďĂůĂŶĐĞĚĂƚĞ ŽƵŶĐŝůŵĂŶĂŐĞƐŝŶƚĞƌĞƐƚƌĂƚĞƌŝƐŬŽŶŝƚƐƉŽƌƞŽůŝŽďLJ͗ ŝŶƌĞůĂƟŽŶƚŽĞĂĐŚĐůĂƐƐŽĨƌĞĐŽŐŶŝƐĞĚĮŶĂŶĐŝĂůĂƐƐĞƚŝƐ - ensuring access to diverse sources of funding; represented by the carrying amount of those assets as Ͳ ƌĞĚƵĐŝŶŐƌŝƐŬƐŽĨƌĞĮŶĂŶĐŝŶŐďLJŵĂŶĂŐŝŶŐŝŶ ŝŶĚŝĐĂƚĞĚŝŶƚŚĞĂůĂŶĐĞ^ŚĞĞƚ͘ ĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚĂƌŐĞƚŵĂƚƵƌŝƚLJƉƌŽĮůĞƐ͖ĂŶĚ ;ĞͿZŝƐŬƐĂŶĚŵŝƟŐĂƟŽŶ Ͳ ƐĞƫŶŐƉƌƵĚĞŶƟĂůůŝŵŝƚƐŽŶŝŶƚĞƌĞƐƚƌĞƉĂLJŵĞŶƚƐĂƐĂ dŚĞƌŝƐŬƐĂƐƐŽĐŝĂƚĞĚǁŝƚŚŽƵŶĐŝů͛ƐŵĂŝŶĮŶĂŶĐŝĂů ƉĞƌĐĞŶƚĂŐĞŽĨƌĂƚĞƌĞǀĞŶƵĞ͘ ŝŶƐƚƌƵŵĞŶƚƐĂŶĚŽƵƌƉŽůŝĐŝĞƐĨŽƌŵŝŶŝŵŝƐŝŶŐƚŚĞƐĞƌŝƐŬƐ Council manages the interest rate exposure on its ĂƌĞĚĞƚĂŝůĞĚďĞůŽǁ͘ ĚĞďƚƉŽƌƞŽůŝŽďLJŝŵƉůĞŵĞŶƟŶŐĂƉƉƌŽƉƌŝĂƚĞďƵĚŐĞƟŶŐ Market risk strategies and obtaining approval for borrowings DĂƌŬĞƚƌŝƐŬŝƐƚŚĞƌŝƐŬƚŚĂƚƚŚĞĨĂŝƌǀĂůƵĞŽƌĨƵƚƵƌĞĐĂƐŚ ĨƌŽŵƚŚĞĞƉĂƌƚŵĞŶƚŽĨWůĂŶŶŝŶŐĂŶĚŽŵŵƵŶŝƚLJ ŇŽǁƐŽĨŽƵŶĐŝů͛ƐĮŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚƐǁŝůůŇƵĐƚƵĂƚĞ ĞǀĞůŽƉŵĞŶƚĞĂĐŚLJĞĂƌ͘ ďĞĐĂƵƐĞŽĨĐŚĂŶŐĞƐŝŶŵĂƌŬĞƚƉƌŝĐĞƐ͘ŽƵŶĐŝů͛ƐĞdžƉŽƐƵƌĞƐ Investment of surplus funds is made with approved ƚŽŵĂƌŬĞƚƌŝƐŬĂƌĞƉƌŝŵĂƌŝůLJƚŚƌŽƵŐŚŝŶƚĞƌĞƐƚƌĂƚĞƌŝƐŬ ĮŶĂŶĐŝĂůŝŶƐƟƚƵƟŽŶƐƵŶĚĞƌƚŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚĐƚ ǁŝƚŚŽŶůLJŝŶƐŝŐŶŝĮĐĂŶƚĞdžƉŽƐƵƌĞƚŽŽƚŚĞƌƉƌŝĐĞƌŝƐŬƐĂŶĚ ϭϵϴϵ͘ ŶŽĞdžƉŽƐƵƌĞƚŽĨŽƌĞŝŐŶĐƵƌƌĞŶĐLJƌŝƐŬ͘ŽŵƉŽŶĞŶƚƐŽĨ ŽƵŶĐŝůŵĂŶĂŐĞƐŝŶƚĞƌĞƐƚƌĂƚĞƌŝƐŬďLJĂĚŽƉƟŶŐĂŶ ŵĂƌŬĞƚƌŝƐŬƚŽǁŚŝĐŚŽƵŶĐŝůŝƐĞdžƉŽƐĞĚĂƌĞĚŝƐĐƵƐƐĞĚ investment policy that ensures: ďĞůŽǁ͘ Ͳ ĐŽŶĨŽƌŵŝƚLJǁŝƚŚ^ƚĂƚĞĂŶĚ&ĞĚĞƌĂůƌĞŐƵůĂƟŽŶƐĂŶĚ Interest rate risk standards; /ŶƚĞƌĞƐƚƌĂƚĞƌŝƐŬƌĞĨĞƌƐƚŽƚŚĞƌŝƐŬƚŚĂƚƚŚĞǀĂůƵĞŽĨĂ Ͳ ĐĂƉŝƚĂůƉƌŽƚĞĐƟŽŶ͖ ĮŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚŽƌĐĂƐŚŇŽǁƐĂƐƐŽĐŝĂƚĞĚǁŝƚŚƚŚĞ - appropriate liquidity; ŝŶƐƚƌƵŵĞŶƚǁŝůůŇƵĐƚƵĂƚĞĚƵĞƚŽĐŚĂŶŐĞƐŝŶŵĂƌŬĞƚ ŝŶƚĞƌĞƐƚƌĂƚĞƐ͘/ŶƚĞƌĞƐƚƌĂƚĞƌŝƐŬĂƌŝƐĞƐĨƌŽŵŝŶƚĞƌĞƐƚͲ Ͳ ĚŝǀĞƌƐŝĮĐĂƟŽŶďLJĐƌĞĚŝƚƌĂƟŶŐ͕ĮŶĂŶĐŝĂůŝŶƐƟƚƵƟŽŶ ďĞĂƌŝŶŐĮŶĂŶĐŝĂůĂƐƐĞƚƐĂŶĚůŝĂďŝůŝƟĞƐƚŚĂƚŽƵŶĐŝůƵƐĞƐ͘ and investment product; EŽŶĚĞƌŝǀĂƟǀĞŝŶƚĞƌĞƐƚͲďĞĂƌŝŶŐĂƐƐĞƚƐĂƌĞƉƌĞĚŽŵŝŶĂŶƚůLJ - monitoring of return on investment; ƐŚŽƌƚƚĞƌŵůŝƋƵŝĚĂƐƐĞƚƐ͘ŽƵŶĐŝů͛ƐŝŶƚĞƌĞƐƚƌĂƚĞůŝĂďŝůŝƚLJ Ͳ ďĞŶĐŚŵĂƌŬŝŶŐŽĨƌĞƚƵƌŶƐĂŶĚĐŽŵƉĂƌŝƐŽŶǁŝƚŚ ƌŝƐŬĂƌŝƐĞƐƉƌŝŵĂƌŝůLJĨƌŽŵůŽŶŐƚĞƌŵůŽĂŶƐĂŶĚďŽƌƌŽǁŝŶŐƐ ďƵĚŐĞƚ͘ ĂƚĮdžĞĚƌĂƚĞƐǁŚŝĐŚĞdžƉŽƐĞƐŽƵŶĐŝůƚŽĨĂŝƌǀĂůƵĞŝŶƚĞƌĞƐƚ Maturity will be staggered to provide for interest rate ƌĂƚĞƌŝƐŬ͘ ǀĂƌŝĂƟŽŶƐĂŶĚƚŽŵŝŶŝŵŝƐĞŝŶƚĞƌĞƐƚƌĂƚĞƌŝƐŬ͘ ŽƵŶĐŝů͛ƐůŽĂŶďŽƌƌŽǁŝŶŐƐĂƌĞƐŽƵƌĐĞĚĨƌŽŵŵĂũŽƌ Credit Risk ƵƐƚƌĂůŝĂŶďĂŶŬƐďLJĂƚĞŶĚĞƌƉƌŽĐĞƐƐ͘ŽƵŶĐŝůĚŽĞƐŶŽƚ ƌĞĚŝƚƌŝƐŬŝƐƚŚĞƌŝƐŬƚŚĂƚĂĐŽŶƚƌĂĐƟŶŐĞŶƟƚLJǁŝůůŶŽƚ 82 x Golden Plains Shire Annual Report 2013-14 Note 35: Financial Instruments (Continued) ĐŽŵƉůĞƚĞŝƚƐŽďůŝŐĂƟŽŶƐƵŶĚĞƌĂĮŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚ ŽƵŶĐŝůƐŵĂLJĂůƐŽďĞƐƵďũĞĐƚƚŽĐƌĞĚŝƚƌŝƐŬĨŽƌ ĂŶĚĐĂƵƐĞŽƵŶĐŝůƚŽŵĂŬĞĂĮŶĂŶĐŝĂůůŽƐƐ͘ŽƵŶĐŝůŚĂƐ ƚƌĂŶƐĂĐƟŽŶƐǁŚŝĐŚĂƌĞŶŽƚŝŶĐůƵĚĞĚŝŶƚŚĞďĂůĂŶĐĞƐŚĞĞƚ͕ ĞdžƉŽƐƵƌĞƚŽĐƌĞĚŝƚƌŝƐŬŽŶƐŽŵĞŽĨŽƵƌĮŶĂŶĐŝĂůĂƐƐĞƚƐ such as when Council provides a guarantee for another ŝŶĐůƵĚĞĚŝŶƚŚĞďĂůĂŶĐĞƐŚĞĞƚ͘ ƉĂƌƚLJ͘ĞƚĂŝůƐŽĨŽƵŶĐŝů͛ƐĐŽŶƟŶŐĞŶƚůŝĂďŝůŝƟĞƐĂƌĞ dŽŚĞůƉŵĂŶĂŐĞƚŚŝƐƌŝƐŬ͕ŽƵŶĐŝů͗ ĚŝƐĐůŽƐĞĚŝŶŶŽƚĞϯϮ͘ - has a policy for establishing credit limits for the ŐĞŝŶŐŽĨdƌĂĚĞĂŶĚKƚŚĞƌZĞĐĞŝǀĂďůĞƐ ĞŶƟƟĞƐŝƚĚĞĂůƐǁŝƚŚ͖ ƚďĂůĂŶĐĞĚĂƚĞŽƚŚĞƌĚĞďƚŽƌƐƌĞƉƌĞƐĞŶƟŶŐĮŶĂŶĐŝĂů - may require collateral where appropriate; and ĂƐƐĞƚƐǁĞƌĞƉĂƐƚĚƵĞďƵƚŶŽƚŝŵƉĂŝƌĞĚ͘dŚĞƐĞĂŵŽƵŶƚƐ relate to a number of independent customers for whom Ͳ ŽŶůLJŝŶǀĞƐƚƐƐƵƌƉůƵƐĨƵŶĚƐǁŝƚŚĮŶĂŶĐŝĂůŝŶƐƟƚƵƟŽŶƐ ƚŚĞƌĞŝƐŶŽƌĞĐĞŶƚŚŝƐƚŽƌLJŽĨĚĞĨĂƵůƚ͘dŚĞĂŐĞŝŶŐŽĨƚŚĞ ǁŚŝĐŚĂƌĞĐŽǀĞƌĞĚďLJƚŚĞ&ĞĚĞƌĂů'ŽǀĞƌŶŵĞŶƚ͛Ɛ ŽƵŶĐŝů͛ƐdƌĂĚĞĂŶĚKƚŚĞƌZĞĐĞŝǀĂďůĞƐǁĂƐ͗ deposit guarantee Trade and other receivables consist of a large number 2014 2013 ŽĨĐƵƐƚŽŵĞƌƐ͕ƐƉƌĞĂĚĂĐƌŽƐƐƚŚĞĐŽŶƐƵŵĞƌ͕ďƵƐŝŶĞƐƐ $’000 $’000 ĂŶĚŐŽǀĞƌŶŵĞŶƚƐĞĐƚŽƌƐ͘ƌĞĚŝƚƌŝƐŬĂƐƐŽĐŝĂƚĞĚǁŝƚŚƚŚĞ ƵƌƌĞŶƚ;ŶŽƚLJĞƚŽǀĞƌĚƵĞͿ 632 892 ŽƵŶĐŝů͛ƐĮŶĂŶĐŝĂůĂƐƐĞƚƐŝƐŵŝŶŝŵĂůďĞĐĂƵƐĞƚŚĞŵĂŝŶ ĚĞďƚŽƌŝƐƚŚĞsŝĐƚŽƌŝĂŶ'ŽǀĞƌŶŵĞŶƚ͘ƉĂƌƚĨƌŽŵƚŚĞ WĂƐƚĚƵĞďĞƚǁĞĞŶϯϭĂŶĚϲϬĚĂLJƐ 115 38 sŝĐƚŽƌŝĂŶ'ŽǀĞƌŶŵĞŶƚǁĞĚŽŶŽƚŚĂǀĞĂŶLJƐŝŐŶŝĮĐĂŶƚ WĂƐƚĚƵĞďĞƚǁĞĞŶϲϭĂŶĚϵϬĚĂLJƐ 3 ϭ͕ϭϬϰ ĐƌĞĚŝƚƌŝƐŬĞdžƉŽƐƵƌĞƚŽĂƐŝŶŐůĞĐƵƐƚŽŵĞƌŽƌŐƌŽƵƉƐŽĨ WĂƐƚĚƵĞŽǀĞƌϵϬĚĂLJƐ ϭ͕ϭϭϴ 34 ĐƵƐƚŽŵĞƌƐ͘KŶŐŽŝŶŐĐƌĞĚŝƚĞǀĂůƵĂƟŽŶŝƐƉĞƌĨŽƌŵĞĚŽŶ ƚŚĞĮŶĂŶĐŝĂůĐŽŶĚŝƟŽŶŽĨŽƵŶĐŝů͛ƐĐƵƐƚŽŵĞƌƐĂŶĚ͕ǁŚĞƌĞ 1,868 2,068 ĂƉƉƌŽƉƌŝĂƚĞ͕ĂŶĂůůŽǁĂŶĐĞĨŽƌĚŽƵďƞƵůĚĞďƚƐŝƐƌĂŝƐĞĚ͘ Liquidity risk >ŝƋƵŝĚŝƚLJƌŝƐŬŝŶĐůƵĚĞƐƚŚĞƌŝƐŬƚŚĂƚ͕ĂƐĂƌĞƐƵůƚŽĨŽƵŶĐŝů͛ƐŽƉĞƌĂƟŽŶĂůůŝƋƵŝĚŝƚLJƌĞƋƵŝƌĞŵĞŶƚƐ͕ŽƵŶĐŝů͗ Ͳ ǁŝůůŶŽƚŚĂǀĞƐƵĸĐŝĞŶƚĨƵŶĚƐƚŽƐĞƩůĞĂƚƌĂŶƐĂĐƟŽŶŽŶƚŚĞĚĂƚĞ͖ Ͳ ǁŝůůďĞĨŽƌĐĞĚƚŽƐĞůůĮŶĂŶĐŝĂůĂƐƐĞƚƐĂƚĂǀĂůƵĞǁŚŝĐŚŝƐůĞƐƐƚŚĂŶǁŚĂƚƚŚĞLJĂƌĞǁŽƌƚŚ͖Žƌ Ͳ ŵĂLJďĞƵŶĂďůĞƚŽƐĞƩůĞŽƌƌĞĐŽǀĞƌĂĮŶĂŶĐŝĂůĂƐƐĞƚĂƚĂůů͘ dŽŚĞůƉƌĞĚƵĐĞƚŚĞƐĞƌŝƐŬƐŽƵŶĐŝů͗ - has a liquidity policy which targets a minimum and average level of cash and cash equivalents to be maintained; Ͳ ŚĂƐƌĞĂĚŝůLJĂĐĐĞƐƐŝďůĞƐƚĂŶĚďLJĨĂĐŝůŝƟĞƐĂŶĚŽƚŚĞƌĨƵŶĚŝŶŐĂƌƌĂŶŐĞŵĞŶƚƐŝŶƉůĂĐĞ͖ Ͳ ŚĂƐĂůŝƋƵŝĚŝƚLJƉŽƌƞŽůŝŽƐƚƌƵĐƚƵƌĞƚŚĂƚƌĞƋƵŝƌĞƐƐƵƌƉůƵƐĨƵŶĚƐƚŽďĞŝŶǀĞƐƚĞĚǁŝƚŚŝŶǀĂƌŝŽƵƐďĂŶĚƐŽĨůŝƋƵŝĚŝŶƐƚƌƵŵĞŶƚƐ͖ - monitors budget to actual performance on a regular basis; and Ͳ ƐĞƚƐůŝŵŝƚƐŽŶďŽƌƌŽǁŝŶŐƐƌĞůĂƟŶŐƚŽƚŚĞƉĞƌĐĞŶƚĂŐĞŽĨůŽĂŶƐƚŽƌĂƚĞƌĞǀĞŶƵĞĂŶĚƉĞƌĐĞŶƚĂŐĞŽĨůŽĂŶƉƌŝŶĐŝƉĂů͘ ŽƵŶĐŝů͛ƐĞdžƉŽƐƵƌĞƚŽůŝƋƵŝĚŝƚLJƌŝƐŬŝƐĚĞĞŵĞĚŝŶƐŝŐŶŝĮĐĂŶƚďĂƐĞĚŽŶƉƌŝŽƌƉĞƌŝŽĚƐ͛ĚĂƚĂĂŶĚĐƵƌƌĞŶƚĂƐƐĞƐƐŵĞŶƚŽĨƌŝƐŬ͘ dŚĞƚĂďůĞďĞůŽǁůŝƐƚƐƚŚĞĐŽŶƚƌĂĐƚƵĂůŵĂƚƵƌŝƟĞƐĨŽƌŽƵŶĐŝů͛Ɛ&ŝŶĂŶĐŝĂů>ŝĂďŝůŝƟĞƐ͘ These amounts represent undiscounted gross payment Golden Plains Shire Annual Report 2013-14 x83 2014 1 Year 2 Years 3 Years 4 Years 5 Years > 5 Total Years $’000 $’000 $’000 $’000 $’000 $’000 $’000 dƌĂĚĞĂŶĚKƚŚĞƌWĂLJĂďůĞƐ ϭ͕ϳϲϰ - - - - - ϭ͕ϳϲϰ /ŶƚĞƌĞƐƚͲĞĂƌŝŶŐ>ŝĂďŝůŝƟĞƐ 433 ϯϬϵ 239 256 276 ϰ͕ϴϲϮ ϲ͕ϯϳϱ Trust Funds 133 - - - - - 133 dŽƚĂů&ŝŶĂŶĐŝĂůůŝĂďŝůŝƟĞƐ 2,330 309 239 256 276 4,862 8,272 2013 dƌĂĚĞĂŶĚKƚŚĞƌWĂLJĂďůĞƐ ϭ͕Ϯϲϰ - - - - - ϭ͕Ϯϲϰ /ŶƚĞƌĞƐƚͲĞĂƌŝŶŐ>ŝĂďŝůŝƟĞƐ ϱϬϴ 538 418 351 373 Ϯ͕ϴϰϲ ϱ͕Ϭϯϰ Trust Funds 171 - - - - - 171 dŽƚĂů&ŝŶĂŶĐŝĂůůŝĂďŝůŝƟĞƐ 1,943 538 418 351 373 2,846 6,469 ;ĨͿ^ĞŶƐŝƟǀŝƚLJĚŝƐĐůŽƐƵƌĞĂŶĂůLJƐŝƐ dĂŬŝŶŐŝŶƚŽĂĐĐŽƵŶƚƉĂƐƚƉĞƌĨŽƌŵĂŶĐĞ͕ĨƵƚƵƌĞĞdžƉĞĐƚĂƟŽŶƐ͕ĞĐŽŶŽŵŝĐĨŽƌĞĐĂƐƚƐ͕ĂŶĚŵĂŶĂŐĞŵĞŶƚ͛ƐŬŶŽǁůĞĚŐĞĂŶĚ ĞdžƉĞƌŝĞŶĐĞŽĨƚŚĞĮŶĂŶĐŝĂůŵĂƌŬĞƚƐ͕ŽƵŶĐŝůďĞůŝĞǀĞƐƚŚĞĨŽůůŽǁŝŶŐŵŽǀĞŵĞŶƚƐĂƌĞ͚ƌĞĂƐŽŶĂďůLJƉŽƐƐŝďůĞ͛ŽǀĞƌƚŚĞŶĞdžƚϭϮ ŵŽŶƚŚƐ;ĂƐĞƌĂƚĞƐĂƌĞƐŽƵƌĐĞĚĨƌŽŵZĞƐĞƌǀĞĂŶŬŽĨƵƐƚƌĂůŝĂͿ͗ Ͳ ƉĂƌĂůůĞůƐŚŝŌŽĨнϭйĂŶĚͲϮйŝŶŵĂƌŬĞƚŝŶƚĞƌĞƐƚƌĂƚĞƐ;hͿĨƌŽŵLJĞĂƌͲĞŶĚƌĂƚĞƐŽĨϮ͘ϱй͘ dŚĞĨŽůůŽǁŝŶŐƚĂďůĞĚŝƐĐůŽƐĞƐƚŚĞŝŵƉĂĐƚŽŶƚŚĞŶĞƚŽƉĞƌĂƟŶŐƌĞƐƵůƚĂŶĚĞƋƵŝƚLJĨŽƌĞĂĐŚĐĂƚĞŐŽƌLJŽĨĮŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚƐŽĨ ƚŚĞŽƵŶĐŝůĂƚLJĞĂƌͲĞŶĚ͕ŝĨƚŚĞĂďŽǀĞŵŽǀĞŵĞŶƚƐǁĞƌĞƚŽŽĐĐƵƌ͘ Interest rate risk Market risk exposure -2% +1% ĂƌƌLJŝŶŐĂŵŽƵŶƚ -200 basis points +100 basis points subject to interest WƌŽĮƚ Equity WƌŽĮƚ Equity 2014 $’000 $’000 $’000 $’000 $’000 &ŝŶĂŶĐŝĂůĂƐƐĞƚƐ͗ Cash and cash equivalents ϯ͕ϵϯϰ ;ϳϵͿ ;ϳϵͿ 39 39 KƚŚĞƌ&ŝŶĂŶĐŝĂůƐƐĞƚƐ ϲ͕ϬϬϬ ;ϭϮϬͿ ;ϭϮϬͿ ϲϬ ϲϬ &ŝŶĂŶĐŝĂůůŝĂďŝůŝƟĞƐ͗ Variable interest-bearing loans and borrowings ϰ͕ϰϬϯ 88 88 ;ϰϰͿ ;ϰϰͿ ϮϬϭϯ &ŝŶĂŶĐŝĂůĂƐƐĞƚƐ͗ Cash and cash equivalents ϵ͕ϯϱϮ ;ϵϰͿ ;ϵϰͿ 94 94 &ŝŶĂŶĐŝĂůůŝĂďŝůŝƟĞƐ͗ Variable interest-bearing loans and borrowings Ϯ͕ϲϱϰ 27 27 ;ϮϳͿ ;ϮϳͿ /ŶƚĞƌĞƐƚͲďĞĂƌŝŶŐůŽĂŶƐĂƌĞƐƵďũĞĐƚƚŽĂĮdžĞĚŝŶƚĞƌĞƐƚƌĂƚĞĂŶĚĂƌĞŶŽƚĂīĞĐƚĞĚďLJŵĂƌŬĞƚŇƵĐƚƵĂƟŽŶƐ͘ ;ŐͿ&ĂŝƌsĂůƵĞ,ŝĞƌĂƌĐŚLJ ůůĮŶĂŶĐŝĂůĂƐƐĞƚƐĐĂƌƌŝĞĚĂƚĨĂŝƌǀĂůƵĞĂƌĞŵĞĂƐƵƌĞĚĂƚƋƵŽƚĞĚƉƌŝĐĞƐŝŶĂĐƟǀĞŵĂƌŬĞƚƐĨŽƌŝĚĞŶƟĐĂůĂƐƐĞƚƐŽƌůŝĂďŝůŝƟĞƐ͘ 84 x Golden Plains Shire Annual Report 2013-14 Note 36: Related Party Disclosures ;ĨͿ /ĚĞŶƟƚLJŽĨ^ĞŶŝŽƌKĸĐĞƌƐ ^ĞŶŝŽƌKĸĐĞƌŽƚŚĞƌƚŚĂŶĂZĞƐƉŽŶƐŝďůĞWĞƌƐŽŶ͕ŝƐĂŶ ŽĸĐĞƌŽĨŽƵŶĐŝůǁŚŽŚĂƐŵĂŶĂŐĞŵĞŶƚƌĞƐƉŽŶƐŝďŝůŝƟĞƐ ;ĂͿ /ĚĞŶƟƚLJŽĨZĞƐƉŽŶƐŝďůĞWĞƌƐŽŶƐ ĂŶĚƌĞƉŽƌƚƐĚŝƌĞĐƚůLJƚŽƚŚĞŚŝĞĨ džĞĐƵƟǀĞKĸĐĞƌŽƌ EĂŵĞƐŽĨƉĞƌƐŽŶƐŚŽůĚŝŶŐƚŚĞƉŽƐŝƟŽŶŽĨĂZĞƐƉŽŶƐŝďůĞ ǁŚŽƐĞƚŽƚĂůĂŶŶƵĂůƌĞŵƵŶĞƌĂƟŽŶĞdžĐĞĞĚƐΨϭϯϯ͕ϬϬϬ͘dŚĞ WĞƌƐŽŶĂƚƚŚĞŽƵŶĐŝůĂƚĂŶLJƟŵĞĚƵƌŝŶŐƚŚĞLJĞĂƌĂƌĞ͗ ^ĞŶŝŽƌKĸĐĞƌƐŽĨƚŚĞŽƵŶĐŝůĚƵƌŝŶŐƚŚĞƌĞƉŽƌƟŶŐƉĞƌŝŽĚ ƌ:ůĂŬĞ͕DĂLJŽƌ were: ƌĂŵĞƌŽŶ ƌE,ĂŶƐĨŽƌĚ 'ŶĚĞƌƐ ŝƌĞĐƚŽƌƐƐĞƚƐĂŶĚŵĞŶŝƚLJ ƌ,<ŝƌďLJ : ǀĂŶƐ ŝƌĞĐƚŽƌŽŵŵƵŶŝƚLJ^ĞƌǀŝĐĞƐ ƌDĐƌƚŚƵƌ R Trigg Director Corporate Services ƌWŚĞůĂŶ M Barrow ;ĨƌŽŵϭϰͬϭϬͬϭϯͿDĂŶĂŐĞƌ džĞĐƵƟǀĞhŶŝƚ Cr G Vaughan ;ŐͿZĞŵƵŶĞƌĂƟŽŶĂŶĚĞŶĞĮƚƐʹ^ĞŶŝŽƌKĸĐĞƌƐ ŚŝĞĨ džĞĐƵƟǀĞKĸĐĞƌ͗Rod Nicholls dŚĞŶƵŵďĞƌŽĨ^ĞŶŝŽƌKĸĐĞƌƐŽĨŽƵŶĐŝůǁŚŽƐĞƚŽƚĂů ;ďͿZĞŵƵŶĞƌĂƟŽŶĂŶĚĞŶĞĮƚƐŽĨZĞƐƉŽŶƐŝďůĞWĞƌƐŽŶƐ ƌĞŵƵŶĞƌĂƟŽŶŝŶĐůƵĚŝŶŐĂŶLJƐƵƉĞƌĂŶŶƵĂƟŽŶďĞŶĞĮƚƐ ĨƌŽŵƚŚĞŽƵŶĐŝůĂŶĚĂŶLJƌĞůĂƚĞĚĞŶƟƚLJĨĂůůƐǁŝƚŚŝŶƚŚĞ dŚĞŶƵŵďĞƌŽĨZĞƐƉŽŶƐŝďůĞKĸĐĞƌƐŽĨƚŚĞŽƵŶĐŝů following bands: ǁŚŽƐĞƚŽƚĂůƌĞŵƵŶĞƌĂƟŽŶŝŶĐůƵĚŝŶŐĂŶLJƐƵƉĞƌĂŶŶƵĂƟŽŶ ďĞŶĞĮƚƐĨƌŽŵƚŚĞŽƵŶĐŝůĂŶĚĂŶLJƌĞůĂƚĞĚĞŶƟƚLJĨĂůůƐ 2014 2013 within the following bands: No. No. 2014 2013 фΨϭϯϯ͕ϬϬϬ 11 No. No. ΨϭϱϬ͕ϬϬϬͲΨϭϱϵ͕ϵϵϵ 13 фΨϭϬ͕ϬϬϬ -3ΨϭϲϬ͕ϬϬϬͲΨϭϲϵ͕ϵϵϵ 2- ΨϭϬ͕ϬϬϬͲΨϭϵ͕ϵϵϵ 66 44 ΨϮϬ͕ϬϬϬͲΨϮϵ͕ϵϵϵ -1dŽƚĂůZĞŵƵŶĞƌĂƟŽŶŽĨ^ĞŶŝŽƌKĸĐĞƌƐ $575,960 $598,207 ΨϱϬ͕ϬϬϬͲΨϱϵ͕ϵϵϵ -1 ΨϲϬ͕ϬϬϬͲΨϲϵ͕ϵϵϵ 1-Note 37: Events Occurring After ΨϮϯϬ͕ϬϬϬͲΨϮϯϵ͕ϬϬϬ -1Balance Date ΨϮϰϬ͕ϬϬϬͲΨϮϰϵ͕ϬϬϬ 1- 812EŽŵĂƩĞƌƐŚĂǀĞŽĐĐƵƌƌĞĚĂŌĞƌďĂůĂŶĐĞĚĂƚĞƚŚĂƚƌĞƋƵŝƌĞ dŽƚĂůZĞŵƵŶĞƌĂƟŽŶĨŽƌƚŚĞ ĚŝƐĐůŽƐƵƌĞŝŶƚŚĞĮŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘ ƌĞƉŽƌƟŶŐLJĞĂƌĨŽƌZĞƐƉŽŶƐŝďůĞ WĞƌƐŽŶƐŝŶĐůƵĚĞĚĂďŽǀĞĂŵŽƵŶƚĞĚƚŽ͗ ΨϰϮϵ͕ϳϲϱ Ψϰϭϴ͕ϬϬϱ (c) EŽƌĞƟƌĞŵĞŶƚďĞŶĞĮƚƐŚĂǀĞďĞĞŶŵĂĚĞďLJƚŚĞŽƵŶĐŝůƚŽ ĂZĞƐƉŽŶƐŝďůĞWĞƌƐŽŶ͘ (d)EŽůŽĂŶƐŚĂǀĞďĞĞŶŵĂĚĞ͕ŐƵĂƌĂŶƚĞĞĚŽƌƐĞĐƵƌĞĚďLJƚŚĞ ŽƵŶĐŝůƚŽĂZĞƐƉŽŶƐŝďůĞWĞƌƐŽŶĚƵƌŝŶŐƚŚĞƌĞƉŽƌƟŶŐ LJĞĂƌ͘ (e) dƌĂŶƐĂĐƟŽŶƐŽƚŚĞƌƚŚĂŶƌĞŵƵŶĞƌĂƟŽŶƉĂLJŵĞŶƚƐŽƌƚŚĞ reimbursement of approved expenses entered into by ŽƵŶĐŝůǁŝƚŚZĞƐƉŽŶƐŝďůĞWĞƌƐŽŶƐ͕ŽƌZĞůĂƚĞĚWĂƌƟĞƐŽĨ ƐƵĐŚZĞƐƉŽŶƐŝďůĞWĞƌƐŽŶƐĚƵƌŝŶŐƚŚĞƌĞƉŽƌƟŶŐLJĞĂƌĂƌĞ͗ 2014 2013 $$ ,ĂĚĚŽŶŽƩůĞ^ŚŽƉʹƌDĐƌƚŚƵƌ 286 ϭϰϬ ĂŶŶŽĐŬďƵƌŶ,ĂƌĚǁĂƌĞʹƌE ϮϬϱ Ϯ͕ϭϴϯ ,ĂŶƐĨŽƌĚ ZŽŬĞǁŽŽĚdĂŬĞĂǁĂLJʹƌ,<ŝƌďLJ 116 - dŚĞƐĞƚƌĂŶƐĂĐƟŽŶƐǁĞƌĞŽŶŶŽƌŵĂůĐŽŵŵĞƌĐŝĂůƚĞƌŵƐ͘ Golden Plains Shire Annual Report 2013-14 x85 Certification of the Financial Statements /ŶŵLJŽƉŝŶŝŽŶ͕ƚŚĞĂĐĐŽŵƉĂŶLJŝŶŐĮŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐŚĂǀĞďĞĞŶƉƌĞƉĂƌĞĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞLocal Government Act 1989͕ƚŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚ;&ŝŶĂŶĐĞĂŶĚZĞƉŽƌƟŶŐͿZĞŐƵůĂƟŽŶƐϮϬϬϰ͕ƵƐƚƌĂůŝĂŶĐĐŽƵŶƟŶŐ^ƚĂŶĚĂƌĚƐĂŶĚŽƚŚĞƌ ŵĂŶĚĂƚŽƌLJƉƌŽĨĞƐƐŝŽŶĂůƌĞƉŽƌƟŶŐƌĞƋƵŝƌĞŵĞŶƚƐ͘ ^ŝŐŶĞĚĂƚĂŶŶŽĐŬďƵƌŶƚŚŝƐϵƚŚĚĂLJŽĨ^ĞƉƚĞŵďĞƌϮϬϭϰ͘ Jason Clissold B.Bus. CPA WƌŝŶĐŝƉĂůĐĐŽƵŶƟŶŐKĸĐĞƌ /ŶŽƵƌŽƉŝŶŝŽŶƚŚĞĂĐĐŽŵƉĂŶLJŝŶŐĮŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐƉƌĞƐĞŶƚĨĂŝƌůLJƚŚĞĮŶĂŶĐŝĂůƚƌĂŶƐĂĐƟŽŶƐŽĨ'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞŽƵŶĐŝů ĨŽƌƚŚĞLJĞĂƌĞŶĚĞĚϯϬ:ƵŶĞϮϬϭϰĂŶĚƚŚĞĮŶĂŶĐŝĂůƉŽƐŝƟŽŶŽĨƚŚĞŽƵŶĐŝůĂƐĂƚƚŚĂƚĚĂƚĞ͘ ƐĂƚƚŚĞĚĂƚĞŽĨƐŝŐŶŝŶŐ͕ǁĞĂƌĞŶŽƚĂǁĂƌĞŽĨĂŶLJĐŝƌĐƵŵƐƚĂŶĐĞƐǁŚŝĐŚǁŽƵůĚƌĞŶĚĞƌĂŶLJƉĂƌƟĐƵůĂƌƐŝŶƚŚĞĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐƚŽďĞŵŝƐůĞĂĚŝŶŐŽƌŝŶĂĐĐƵƌĂƚĞ͘tĞŚĂǀĞďĞĞŶĂƵƚŚŽƌŝƐĞĚďLJŽƵŶĐŝůŽŶϮϮŶĚ:ƵůLJϮϬϭϰƚŽĐĞƌƟĨLJƚŚĞĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐŝŶƚŚĞŝƌĮŶĂůĨŽƌŵ͘ ^ŝŐŶĞĚĂƚĂŶŶŽĐŬďƵƌŶƚŚŝƐϵƚŚĚĂLJŽĨ^ĞƉƚĞŵďĞƌϮϬϭϰ͘ Councillor Jenny Blake Mayor Councillor Des Phelan DĞŵďĞƌƵĚŝƚΘZŝƐŬŽŵŵŝƩĞĞ Rod Nicholls ŚŝĞĨ džĞĐƵƟǀĞKĸĐĞƌ 86 x Golden Plains Shire Annual Report 2013-14 Golden Plains Shire Annual Report 2013-14 x87 88 x Golden Plains Shire Annual Report 2013-14 Performance Statement For the year ended 30 June 2014 “Actual performance compared ƚŽƚĂƌŐĞƚƉĞƌĨŽƌŵĂŶĐĞ͟ <ĞLJ^ƚƌĂƚĞŐŝĐĐƟǀŝƚLJ Performance Measure dĂƌŐĞƚ Actual ŝīĞƌĞŶĐĞ Achieved / 2013-14 2013-14 Not Achieved ŝƟnjĞŶĂŶĚƵƐƚŽŵĞƌ^ĞƌǀŝĐĞ ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƌĂƟŶŐĨŽƌĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞ >73 71 ;ϮͿ Not greater than 73* ĐŚŝĞǀĞĚ Improve the percentage of Customer Service requests хϳϴ͘ϴ ϳϳ͘Ϯ ;ϭ͘ϲͿ Not ĐŽŵƉůĞƚĞĚǁŝƚŚŝŶƟŵĞůŝŶĞƐ;йͿ ĐŚŝĞǀĞĚ ĞĐƌĞĂƐĞƚŚĞŶƵŵďĞƌŽĨůŽƐƚƟŵĞĚĂLJƐƉĞƌĂŶŶƵŵ <19 222 ;ϮϬϯͿ Not ĐŚŝĞǀĞĚ Civic Leadership ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌĂĚǀŽĐĂĐLJ хϲϬ 55 ;ϱͿ Not ĂďŽǀĞϲϬΎ ĐŚŝĞǀĞĚ ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌĐŽŵŵƵŶŝƚLJ >62 59 ;ϯͿ Not ĐŽŶƐƵůƚĂƟŽŶĂďŽǀĞϲϮΎ ĐŚŝĞǀĞĚ /ŵƉƌŽǀĞƚŚĞZŝƐŬ/ŶƐƵƌĂŶĐĞƵĚŝƚ^ĐŽƌĞ;йͿΔ >82 ŶͬĂ ŶͬĂ ŶͬĂ Economic Development ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌďƵƐŝŶĞƐƐ͕ >64 57 ;ϳͿ Not community development and tourism above 64* ĐŚŝĞǀĞĚ ŶǀŝƌŽŶŵĞŶƚĂŶĚ>ĂŶĚhƐĞ ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌƚŽǁŶƉůĂŶŶŝŶŐ >62 55 ;ϳͿ Not WůĂŶŶŝŶŐ policy approvals above 62* ĐŚŝĞǀĞĚ ŽŵƉůĞƚĞϵϬйŽĨĂůůWůĂŶŶŝŶŐWĞƌŵŝƚĂƉƉůŝĐĂƟŽŶƐǁŝƚŚŝŶ ϵϬ 87 ;ϯͿ Not ϲϬďƵƐŝŶĞƐƐĚĂLJƐ;йͿ ĐŚŝĞǀĞĚ ŶƐƵƌĞŝŵŵƵŶŝƐĂƟŽŶƌĂƚĞĨŽƌĂůůĂŐĞŐƌŽƵƉƐŝƐĂďŽǀĞƚŚĞ хϵϮ͘ϭϮ ϵϳ͘ϯϭ ϱ͘ϭϵ ĐŚŝĞǀĞĚ ^ƚĂƚĞǀĞƌĂŐĞ;йͿ Financial Management /ŵƉƌŽǀĞƚŚĞĮŶĂŶĐŝĂůŚĞĂůƚŚŽĨƚŚĞŽƌŐĂŶŝƐĂƟŽŶŝŶ Improved Improved - ĐŚŝĞǀĞĚ ĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞůŽŶŐƚĞƌŵĮŶĂŶĐŝĂůƐƚƌĂƚĞŐLJĂŶĚ annual budget targets ĐŚŝĞǀĞƚŚĞďƵĚŐĞƚĞĚƵŶĚĞƌůLJŝŶŐƌĞƐƵůƚ;Ψ͛ϬϬϬͿ >376 ;ϭ͕ϯϬϯͿ ;ϭ͕ϲϳϵͿ Not ĐŚŝĞǀĞĚ ĐŚŝĞǀĞĂǁŽƌŬŝŶŐĐĂƉŝƚĂůƌĂƟŽŝŶĞdžĐĞƐƐŽĨϭϮϬй;йͿ хϭϮϬ 273 153 ĐŚŝĞǀĞĚ ,ƵŵĂŶ^ƵƉƉŽƌƚ^ĞƌǀŝĐĞƐ ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌĨĂŵŝůLJƐƵƉƉŽƌƚ >67 66 ;ϭͿ Not services above 67* ĐŚŝĞǀĞĚ ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌĞůĚĞƌůLJ >67 67 - Not support services above 67* ĐŚŝĞǀĞĚ ĐŚŝĞǀĞϴϬйŽĐĐƵƉĂŶĐLJƌĂƚĞĨŽƌƚŚĞ>ŽŶŐĂLJĂƌĞ ϴϬ 93 13 ĐŚŝĞǀĞĚ ĞŶƚƌĞ;йͿ ĐŚŝĞǀĞϴϬйŽĨƚŚĞ,ĨƵŶĚŝŶŐĂŶĚƐĞƌǀŝĐĞ ϴϬ 88 8 ĐŚŝĞǀĞĚ ĂŐƌĞĞŵĞŶƚƚĂƌŐĞƚƐ;йͿ ZĞĐƌĞĂƟŽŶĂŶĚŽŵŵƵŶŝƚLJ ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌƌĞĐƌĞĂƟŽŶĂů хϳϬ 65 ;ϱͿ Not Development ĨĂĐŝůŝƟĞƐĂďŽǀĞϳϬΎ ĐŚŝĞǀĞĚ Increase the number of people living in the Shire who хϳϰ͘ϱ ŶͬĂ ŶͬĂ ŶͬĂ ĨĞĞůĂƐƚƌŽŶŐƐĞŶƐĞŽĨďĞŝŶŐƉĂƌƚŽĨƚŚĞŝƌĐŽŵŵƵŶŝƚLJ;/s ƌĂƟŶŐͿη Increase the number of young people engaged in >326 412 86 ĐŚŝĞǀĞĚ ĐŽŵŵƵŶŝƚLJĂĐƟǀŝƟĞƐ “Roads and Streets DĂŝŶƚĂŝŶƚŚĞDŽůŽŶĞLJƐƐĞƚDĂŶĂŐĞŵĞŶƚ^LJƐƚĞŵƌĂƟŶŐ Maintain Maintain - ĐŚŝĞǀĞĚ Infrastructure” for our local roads System System /ŵƉƌŽǀĞƚŚĞŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌ >54 46 ;ϴͿ Not local streets and footpaths above 54* ĐŚŝĞǀĞĚ tĂƐƚĞDĂŶĂŐĞŵĞŶƚ ŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶƐƵƌǀĞLJƌĂƟŶŐĨŽƌǁĂƐƚĞ >76 73 ;ϯͿ Not management above 76* ĐŚŝĞǀĞĚ Golden Plains Shire Annual Report 2013-14 x89 ΎŽŵŵƵŶŝƚLJ^ĂƟƐĨĂĐƟŽŶZĂƟŶŐƐʹIndex score of ͻ ĚǀŽĐĂƚĞĨŽƌƉƵďůŝĐŚĞĂůƚŚĂŶĚǁĞůůďĞŝŶŐ ϰϬϬƌĞƐƉŽŶĚĞŶƚƐ͛ĂŶƐǁĞƌƐŝŶĂƐƵƌǀĞLJ͕ĐŽŶĚƵĐƚĞĚďLJ ͻ ĚǀŽĐĂƚĞĨŽƌĂŶĞŵĞƌŐĞŶĐLJƐĞƌǀŝĐĞƐƉƌĞĐŝŶĐƚŝŶƚŚĞ ŝŶĚĞƉĞŶĚĞŶƚƌĞƐĞĂƌĐŚĐŽŶƐƵůƚĂŶƚƐ:t^ZĞƐĞĂƌĐŚ͕ĂƐŬŝŶŐ ĂŶŶŽĐŬďƵƌŶƚŽǁŶƐŚŝƉ ƚŚĞŵƚŽƌĂƚĞŽƵŶĐŝů͛ƐƉĞƌĨŽƌŵĂŶĐĞ͘dŚĞ͚/ŶĚĞdž^ĐŽƌĞ͛ŝƐĂ Economic Development ǁĞŝŐŚƚĞĚƐĐŽƌĞĂĐƌŽƐƐĮǀĞƉĞƌĨŽƌŵĂŶĐĞƌĂƟŶŐƐďĞŝŶŐ ϭϬϬʹsĞƌLJ'ŽŽĚ͕ϳϱʹ'ŽŽĚ͕ϱϬʹǀĞƌĂŐĞ͕ϮϱʹWŽŽƌĂŶĚ ͻ /ŵƉůĞŵĞŶƚ ĐŽŶŽŵŝĐĞǀĞůŽƉŵĞŶƚ^ƚƌĂƚĞŐLJ ϬʹsĞƌLJWŽŽƌ͘ ͻ ƐƐĞƐƐĂŶĚƉůĂŶĨŽƌŝŵƉĂĐƚŽĨŐƌŽǁƚŚŽĨŶĞŝŐŚďŽƵƌŝŶŐ ŵƵŶŝĐŝƉĂůŝƟĞƐŽŶ'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞ ΔZŝƐŬ/ŶƐƵƌĂŶĐĞƵĚŝƚ^ĐŽƌĞʹŽŵƉĂƌĂƟǀĞŝŶĨŽƌŵĂƟŽŶŝƐ ͻ /ŵƉůĞŵĞŶƚŽƵŶĐŝůĚĞĐŝƐŝŽŶƐǁŝƚŚƌĞƐƉĞĐƚƚŽƚŚĞ^ŽƵƚŚ ŶŽůŽŶŐĞƌĂǀĂŝůĂďůĞĨŽƌƚŚŝƐWĞƌĨŽƌŵĂŶĐĞDĞĂƐƵƌĞ͘ ĂƐƚ>ĂŶĚhƐĞWůĂŶŶŝŶŐZĞǀŝĞǁ ηEƵŵďĞƌŽĨƉĞŽƉůĞůŝǀŝŶŐŝŶƚŚĞ^ŚŝƌĞǁŚŽĨĞĞůĂƐƚƌŽŶŐ ͻ ĚǀŽĐĂƚĞĨŽƌĨƵŶĚŝŶŐĨŽƌƐĞǁĞƌŝŶŐŽĨƐŵĂůůƚŽǁŶƐ ƐĞŶƐĞŽĨďĞŝŶŐƉĂƌƚŽĨƚŚĞŝƌĐŽŵŵƵŶŝƚLJ;ŽŵŵƵŶŝƚLJ ͻ /ŶǀĞƐƟŐĂƚĞŽƉƉŽƌƚƵŶŝƟĞƐĨŽƌŝŶĚƵƐƚƌŝĂůĚĞǀĞůŽƉŵĞŶƚŝŶ /ŶĚŝĐĂƚŽƌƐsŝĐƚŽƌŝĂƌĂƟŶŐͿʹCommunity Indicators Victoria the north west of the Shire ŚĂǀĞŶŽƚƌĞůĞĂƐĞĚƚŚŝƐƐƵƌǀĞLJŝŶĨŽƌŵĂƟŽŶƐŝŶĐĞϮϬϭϭĂŶĚĂƌĞ ͻ ĚǀŽĐĂƚĞĨŽƌĂůƚĞƌŶĂƟǀĞǁĂƚĞƌƐƵƉƉůŝĞƐĨŽƌĞĐŽŶŽŵŝĐ ƵŶĂďůĞƚŽĐůĂƌŝĨLJǁŚĞŶŝƚǁŝůůďĞŶĞdžƚĂǀĂŝůĂďůĞ͘dŚĞƌĞĨŽƌĞ͕ development ƚŚŝƐŵĞĂƐƵƌĞǁŝůůŶŽƚďĞĂďůĞƚŽďĞƌĞƉŽƌƚĞĚŽŶĨŽƌƚŚĞϮϬϭϯͲ ͻ ĚǀŽĐĂƚĞĨŽƌŝŵƉƌŽǀĞĚƉŽƚĂďůĞǁĂƚĞƌƐƵƉƉůLJ ϭϰLJĞĂƌ͘ ͻ ĚǀŽĐĂƚĞƚŽ^ƚĂƚĞ'ŽǀĞƌŶŵĞŶƚŽŶǁĂƚĞƌƌĞͲƵƐĞŝƐƐƵĞƐ ͻ ĚǀŽĐĂƚĞĨŽƌŝŵƉƌŽǀĞĚĞŶĞƌŐLJŝŶĨƌĂƐƚƌƵĐƚƵƌĞ WĞƌĨŽƌŵĂŶĐĞ^ƚĂƚĞŵĞŶƚ džƉůĂŶĂƟŽŶƐ ͻ ĚǀŽĐĂƚĞĨŽƌŝŵƉƌŽǀĞĚƚĞůĞĐŽŵŵƵŶŝĐĂƟŽŶƐĂŶĚĨŽƌ The Victorian Government requires all councils to publish ŝŵƉƌŽǀĞĚĐŽŽƉĞƌĂƟŽŶǁŝƚŚEE ƉĞƌĨŽƌŵĂŶĐĞŝŶĨŽƌŵĂƟŽŶƚŚĂƚĂůůŽǁƐĨŽƌĂĐŽŶƐŝƐƚĞŶƚ ͻ ĚǀŽĐĂƚĞĨŽƌĚŝƐƚƌŝďƵƚĞĚĞŶĞƌŐLJŝŶĨƌĂƐƚƌƵĐƚƵƌĞƚŽƌĞĚƵĐĞ ĂƉƉƌŽĂĐŚƚŽƚŚĞƌĞƉŽƌƟŶŐŽĨĮŶĂŶĐŝĂůƉĞƌĨŽƌŵĂŶĐĞ͕ greenhouse emissions ŽƉĞƌĂƟŶŐĐŽƐƚƐĂŶĚĐŽŵŵƵŶŝƚLJƐĂƟƐĨĂĐƟŽŶ͘ ŶǀŝƌŽŶŵĞŶƚĂŶĚ>ĂŶĚhƐĞWůĂŶŶŝŶŐ dŚĞĂďŽǀĞ<ĞLJ^ƚƌĂƚĞŐŝĐƌĞĂƐĂŶĚϮϯĐŽƌƌĞƐƉŽŶĚŝŶŐ ͻ /ŵƉůĞŵĞŶƚƚŚĞ ŶǀŝƌŽŶŵĞŶƚ^ƚƌĂƚĞŐLJ WĞƌĨŽƌŵĂŶĐĞDĞĂƐƵƌĞƐŚĂǀĞďĞĞŶŝĚĞŶƟĮĞĚĂŶĚĂĚŽƉƚĞĚ ͻ /ŵƉůĞŵĞŶƚƚŚĞhƌďĂŶĞƐŝŐŶ&ƌĂŵĞǁŽƌŬƉůĂŶƐ ďLJŽƵŶĐŝů͘dŚĞƐĞ<ĞLJ^ƚƌĂƚĞŐŝĐƌĞĂƐǁĞƌĞĚĞǀĞůŽƉĞĚĂƐĂ ͻ /ŵƉůĞŵĞŶƚƚŚĞZĞƐŝĚĞŶƟĂů>ĂŶĚ^ƵƉƉůLJWůĂŶ ĚŝƌĞĐƚƌĞƐƵůƚŽĨƚŚĞƐĞƌǀŝĐĞƐƚŚĂƚŚĂǀĞďĞĞŶ͕ĂŶĚĐŽŶƟŶƵĞ ͻ ZĞǀŝĞǁƚŚĞDƵŶŝĐŝƉĂů^ƚƌĂƚĞŐŝĐ^ƚĂƚĞŵĞŶƚ ƚŽďĞ͕ĚĞŵĂŶĚĞĚŽĨŽƵŶĐŝůĨƌŽŵƚŚĞ'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞ ͻ ZĞǀŝĞǁ'ƌĞĞŶŚŽƵƐĞĐƟŽŶWůĂŶ ĐŽŵŵƵŶŝƚLJĂŶĚƌĂƚĞƉĂLJĞƌƐ͘LJĂůůŽĐĂƟŶŐƚŚĞŽƵŶĐŝů ͻ /ŵƉůĞŵĞŶƚ,ĞƌŝƚĂŐĞ^ƚƵĚLJ ŽƉĞƌĂƟŽŶƐŝŶƚŽƚŚĞƐĞŶŝŶĞĂƌĞĂƐ͕ŝƚĂůůŽǁƐŽƵŶĐŝůƚŽ ͻ WĂƌƟĐŝƉĂƚĞŝŶƚŚĞ^ƚĂƚĞ'ŽǀĞƌŶŵĞŶƚ͛ƐWĞƌŝhƌďĂŶŐƌŽƵƉ ĐŽŶƟŶƵĞƚŽĨŽĐƵƐĂŶĚŵŽŶŝƚŽƌŝƚƐƌĞƐŽƵƌĐĞƐĞĸĐŝĞŶƚůLJ͘ of rural councils dŚĞĨŽůůŽǁŝŶŐĂƌĞƚŚĞŬĞLJƐƚƌĂƚĞŐŝĞƐ͕ƉůĂŶƐĂŶĚŝŶŝƟĂƟǀĞƐ ͻ WĂƌƟĐŝƉĂƚĞŝŶƚŚĞ'ϮϭZĞŐŝŽŶĂů'ƌŽǁƚŚWůĂŶ ŽƵŶĐŝůŝƐƵŶĚĞƌƚĂŬŝŶŐƚŽŝŵƉƌŽǀĞŝƚƐƌĂƟŶŐŝŶƚŚĞ<ĞLJ ͻ WĂƌƟĐŝƉĂƚĞŝŶƚŚĞĞŶƚƌĂů,ŝŐŚůĂŶĚƐZĞŐŝŽŶĂů'ƌŽǁƚŚWůĂŶ ^ƚƌĂƚĞŐŝĐƌĞĂƐƚŚĂƚĚŝĚŶŽƚĂĐŚŝĞǀĞƚŚĞƐĞƚƉĞƌĨŽƌŵĂŶĐĞ &ŝŶĂŶĐŝĂůDĂŶĂŐĞŵĞŶƚ ƚĂƌŐĞƚ͘ ͻ /ŵƉůĞŵĞŶƚ^ƚƌĂƚĞŐŝĐZĞƐŽƵƌĐĞWůĂŶ ŝƟnjĞŶĂŶĚƵƐƚŽŵĞƌ^ĞƌǀŝĐĞ ͻ ^ƵƉƉŽƌƚƉĞĂŬďŽĚŝĞƐƚŽĂĚǀŽĐĂƚĞĨŽƌĂŶĞƋƵŝƚĂďůĞƐŚĂƌĞ ͻ /ŵƉůĞŵĞŶƚƵƐƚŽŵĞƌ^ĞƌǀŝĐĞ^ƚƌĂƚĞŐLJ of state and federal taxes ͻ ZĞŐƵůĂƌůLJĐŽŶƐƵůƚǁŝƚŚƚŚĞĐŽŵŵƵŶŝƚLJ ͻ /ŵƉůĞŵĞŶƚŽŵŵƵŶŝĐĂƟŽŶƐĂŶĚDĂƌŬĞƟŶŐ^ƚƌĂƚĞŐLJ ͻ /ŵƉůĞŵĞŶƚZĂƟŶŐ;ZĞǀĞŶƵĞͿ^ƚƌĂƚĞŐLJ ͻ /ŵƉůĞŵĞŶƚǀŽůƵŶƚĞĞƌƐƵƉƉŽƌƚƉƌŽŐƌĂŵƐ ͻ /ŵƉůĞŵĞŶƚϭϬLJĞĂƌĮŶĂŶĐŝĂůƉůĂŶ Civic Leadership ͻ ĐƋƵŝƌĞƉƌŽƉĞƌƚLJǁŝƚŚŝŶƚŚĞŵƵŶŝĐŝƉĂůŝƚLJĨŽƌĨƵƚƵƌĞ ͻ /ŵƉůĞŵĞŶƚ ŵĞƌŐĞŶĐLJDĂŶĂŐĞŵĞŶƚĂŶĚDƵŶŝĐŝƉĂů&ŝƌĞ development DĂŶĂŐĞŵĞŶƚWůĂŶƐ ͻ ĚǀŽĐĂƚĞĂŶĚƐƵƉƉŽƌƚƉĞĂŬďŽĚŝĞƐŽŶŵŝŶŝŵŝƐŝŶŐƚŚĞ ͻ /ŵƉůĞŵĞŶƚŽƵŶĐŝů͛ƐŽďůŝŐĂƟŽŶƐǁŝƚŚŝŶƚŚĞƵƐŚĮƌĞƐ ĞīĞĐƚƐŽĨƚŚĞĚĞĮŶĞĚďĞŶĞĮƚƐ ZŽLJĂůŽŵŵŝƐƐŝŽŶ͛ƐƌĞĐŽŵŵĞŶĚĂƟŽŶƐ ͻ /ŵƉůĞŵĞŶƚZŝƐŬDĂŶĂŐĞŵĞŶƚ^ƚƌĂƚĞŐLJ Human Support Services ͻ ZĞŐƵůĂƌůLJůŽďďLJDĞŵďĞƌƐŽĨWĂƌůŝĂŵĞŶƚĂŶĚƐĞŶŝŽƌ ďƵƌĞĂƵĐƌĂƚƐŽŶŬĞLJůŽĐĂůĂŶĚƐƚƌĂƚĞŐŝĐŝƐƐƵĞƐ ͻ /ŵƉůĞŵĞŶƚDƵŶŝĐŝƉĂůWƵďůŝĐ,ĞĂůƚŚĂŶĚtĞůůďĞŝŶŐWůĂŶ ͻ ^ĞĐƵƌĞƌĞƉƌĞƐĞŶƚĂƟŽŶŽŶŶĂƟŽŶĂů͕ƐƚĂƚĞ͕ƌĞŐŝŽŶĂůĂŶĚ ͻ /ŵƉůĞŵĞŶƚ ĂƌůLJzĞĂƌƐWůĂŶ local Government bodies ͻ /ŵƉůĞŵĞŶƚ ĂƌůLJzĞĂƌƐ/ŶĨƌĂƐƚƌƵĐƚƵƌĞWůĂŶ ͻ WĂƌƟĐŝƉĂƚĞŝŶƌĞůĞǀĂŶƚƌĞŐŝŽŶĂůĂŶĚƐƚĂƚĞƉůĂŶŶŝŶŐ ͻ /ŵƉůĞŵĞŶƚĐĐĞƐƐĂŶĚ/ŶĐůƵƐŝŽŶWůĂŶ ͻ &ĂĐŝůŝƚĂƚĞĂŶĚƐƵƉƉŽƌƚĐŽŵŵƵŶŝƚLJĐĞůĞďƌĂƟŽŶƐŽĨ ͻ /ŵƉůĞŵĞŶƚŐĞŝŶŐtĞůůŝŶ'ŽůĚĞŶWůĂŝŶƐ^ƚƌĂƚĞŐLJ ŝŵƉŽƌƚĂŶƚŶĂƟŽŶĂůĞǀĞŶƚƐĂŶĚĚĂLJƐ ͻ DŽŶŝƚŽƌĂŶĚĂĚǀŽĐĂƚĞĨŽƌƉƵďůŝĐƚƌĂŶƐƉŽƌƚŶĞĞĚƐŝŶƚŚĞ ͻ ŽŶƐŝĚĞƌĐŽŵŵƵŶŝƚLJƉůĂŶƉƌŝŽƌŝƟĞƐǁŚĞŶĐŽŶĚƵĐƟŶŐ Shire ŽƵŶĐŝůƉůĂŶŶŝŶŐĂĐƟǀŝƟĞƐĂŶĚĐŽŵŵƵŶŝƚLJŐƌĂŶƚ ͻ ^ƵƉƉŽƌƚĐŽůŽĐĂƟŽŶŽĨƐĐŚŽŽůƐǁŝƚŚŽƚŚĞƌĐŽŵŵƵŶŝƚLJ ĂůůŽĐĂƟŽŶ ĨĂĐŝůŝƟĞƐ ͻ ĚǀŽĐĂƚĞĨŽƌŶĂƚƵƌĂůŐĂƐŝŶĨƌĂƐƚƌƵĐƚƵƌĞ ͻ &ĂĐŝůŝƚĂƚĞƚŚĞĚĞǀĞůŽƉŵĞŶƚŽĨĂŶĞƚǁŽƌŬŽĨĐŽŵŵƵŶŝƚLJ ϵϬ x Golden Plains Shire Annual Report 2013-14 health centres ͻ ĚǀŽĐĂƚĞĨŽƌƐĂĨĞƚƵƌŶŝŶŐůĂŶĞƐŽŶŚŝŐŚǁĂLJƐĂŶĚŵĂŝŶ ͻ &ĂĐŝůŝƚĂƚĞĚĞǀĞůŽƉŵĞŶƚŽĨĐŚŝůĚĐĂƌĞŽƉƟŽŶƐ roads and development of a priority list ͻ &ĂĐŝůŝƚĂƚĞƚŚĞ'ŽůĚĞŶWůĂŝŶƐ,ĞĂůƚŚWůĂŶŶŝŶŐEĞƚǁŽƌŬ ͻ ĚǀŽĐĂƚĞĨŽƌĚƵƉůŝĐĂƟŽŶŽĨƚŚĞDŝĚůĂŶĚ,ŝŐŚǁĂLJ ͻ ĚǀŽĐĂƚĞĨŽƌĨƵƚƵƌĞŚĞĂůƚŚĂŶĚĐŽŵŵƵŶŝƚLJƐĞƌǀŝĐĞƐ ďĞƚǁĞĞŶ'ĞĞůŽŶŐĂŶĚĂŶŶŽĐŬďƵƌŶ ŶĞĞĚƐĂŶĚĨĂĐŝůŝƚĂƟŽŶŽĨƉĂƌƚŶĞƌƐŚŝƉƐ ͻ ĚǀŽĐĂƚĞĨŽƌĚƵƉůŝĐĂƟŽŶŽĨƚŚĞ'ůĞŶĞůŐ,ŝŐŚǁĂLJ ͻ ĚǀŽĐĂƚĞĨŽƌƚŚĞƵƌŐĞŶƚŶĞĞĚĨŽƌƐĞĐŽŶĚĂƌLJĞĚƵĐĂƟŽŶ between Ballarat and Smythesdale provision within the Shire ͻ /ŵƉůĞŵĞŶƚƐƐĞƚDĂŶĂŐĞŵĞŶƚ/ŵƉƌŽǀĞŵĞŶƚ^ƚƌĂƚĞŐLJ ͻ ĚǀŽĐĂƚĞĨŽƌƉŽƐƚĐŽŵƉƵůƐŽƌLJĞĚƵĐĂƟŽŶĂŶĚƐƵƉƉŽƌƚ ͻ ĚǀŽĐĂƚĞĨŽƌĐŽŶƟŶƵĂƟŽŶŽĨƚŚĞZĞŐŝŽŶĂůd/Z ^;dŝŵďĞƌ service delivery into the Shire /ŵƉĂĐƚĞĚZŽĂĚƐ ǀĂůƵĂƟŽŶ^ƚƵĚLJͿĨƵŶĚŝŶŐƉƌŽŐƌĂŵ ͻ WĂƌƟĐŝƉĂƚĞŝŶƌĞŐŝŽŶĂůƌŽĂĚƐŐƌŽƵƉƐ ZĞĐƌĞĂƟŽŶĂŶĚŽŵŵƵŶŝƚLJĞǀĞůŽƉŵĞŶƚ ͻ ĚǀŽĐĂƚĞĨŽƌĐŽŶƟŶƵĂƟŽŶŽĨƚŚĞŽƵŶƚƌLJZŽĂĚƐĂŶĚ ͻ /ŵƉůĞŵĞŶƚzŽƵƚŚĞǀĞůŽƉŵĞŶƚ^ƚƌĂƚĞŐLJ Bridges program and the Roads to Recovery program ͻ /ŵƉůĞŵĞŶƚƚŚĞƌĞĐŽŵŵĞŶĚĂƟŽŶƐŽĨKƉĞŶ^ƉĂĐĞWůĂŶ͕ ͻ /ŵƉůĞŵĞŶƚďƌŝĚŐĞƌĞƉůĂĐĞŵĞŶƚƉƌŽŐƌĂŵ ŝŶĐůƵĚŝŶŐWĂƚŚƐĂŶĚdƌĂŝůƐ^ƚƌĂƚĞŐLJ ͻ ^ƵƉƉŽƌƚƚŚĞĚĞǀĞůŽƉŵĞŶƚŽĨƚŚĞĂůůĂƌĂƚtĞƐƚĞƌŶ>ŝŶŬ ͻ /ŵƉůĞŵĞŶƚƌƚƐĂŶĚƵůƚƵƌĞ^ƚƌĂƚĞŐLJ project ͻ /ŵƉůĞŵĞŶƚŽŵŵƵŶŝƚLJĞǀĞůŽƉŵĞŶƚ^ƚƌĂƚĞŐLJ ͻ ĚǀŽĐĂƚĞĨŽƌŝŶĐƌĞĂƐĞĚsŝĐZŽĂĚƐĞdžƉĞŶĚŝƚƵƌĞŽŶ ͻ /ŵƉůĞŵĞŶƚdŽǁŶWůĂĐĞWůĂŶƐ ŵĂŝŶƚĞŶĂŶĐĞŽĨƚŚĞŵĂŝŶƌŽĂĚŶĞƚǁŽƌŬ ͻ /ŵƉůĞŵĞŶƚƚŚĞĂŶŶŽĐŬďƵƌŶŽŵŵƵŶŝƚLJĂŶĚZĞĐƌĞĂƟŽŶ ͻ ĚǀŽĐĂƚĞĨŽƌƚŚĞƚƌĂŶƐƉŽƌƚƌĞůĂƚĞĚƌĞĐŽŵŵĞŶĚĂƟŽŶƐ /ŶĨƌĂƐƚƌƵĐƚƵƌĞĞǀĞůŽƉŵĞŶƚWůĂŶ ǁŝƚŚŝŶƚŚĞdƌĂŶƐŝƟŽŶƚŽ'ƌĂŝŶƌĞƉŽƌƚ ͻ /ŵƉůĞŵĞŶƚZĞĐƌĞĂƟŽŶ^ƚƌĂƚĞŐLJ tĂƐƚĞDĂŶĂŐĞŵĞŶƚ ͻ /ŵƉůĞŵĞŶƚŽŵŵƵŶŝƚLJ'ƌĂŶƚƐWƌŽŐƌĂŵ ͻ ĞǀĞůŽƉEŽƌƚŚĞƌŶ ƋƵĞƐƚƌŝĂŶĞŶƚƌĞĂƐĂƐƚĂƚĞĐĞŶƚƌĞ ͻ ZĞǀŝĞǁƚŚĞtĂƐƚĞDĂŶĂŐĞŵĞŶƚ^ƚƌĂƚĞŐLJ ͻ /ŵƉůĞŵĞŶƚƚŚĞ^ƵƐƚĂŝŶĂďůĞ&ƵƚƵƌĞƐĨŽƌZĞĐƌĞĂƟŽŶĂů ͻ /ŵƉůĞŵĞŶƚƚŚĞtĂƐƚĞDĂŶĂŐĞŵĞŶƚ^ƚƌĂƚĞŐLJ &ĂĐŝůŝƟĞƐƐƚƵĚLJ ͻ ĚǀŽĐĂƚĞĨŽƌůŽĐĂůƉƌŽũĞĐƚƐĨƵŶĚĞĚďLJƚŚĞ^ƚĂƚĞ>ĂŶĚĮůů Levy Roads and Streets Infrastructure ͻ /ŶǀĞƐƟŐĂƚĞĂůƚĞƌŶĂƚĞǁĂƐƚĞĚŝƐƉŽƐĂůƐLJƐƚĞŵƐƚŽĚŝǀĞƌƚ ͻ /ŵƉůĞŵĞŶƚZŽĂĚ^ƚƌĂƚĞŐLJ waste water to re-use schemes ͻ ĚǀŽĐĂƚĞĨŽƌƚŚĞ^ƚĂƚĞ'ŽǀĞƌŶŵĞŶƚƚŽĂĚŽƉƚĂŶĚ ͻ DŽŶŝƚŽƌĂůůĂƌĂƚ͛ƐZĞŐŝŽŶĂů>ĂŶĚĮůůĂŶĚĂĚǀŽĐĂƚĞĨŽƌ ŝŵƉůĞŵĞŶƚƚŚĞZĞŐŝŽŶĂůdƌĂŶƐƉŽƌƚWůĂŶƐ ĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚĞƉůĂŶŶŝŶŐƐĐŚĞŵĞĂŶĚ WůŝĐĞŶĐĞƐ ͻ ĚǀŽĐĂƚĞĨŽƌŽǀĞƌƚĂŬŝŶŐůĂŶĞƐŽŶƚŚĞ,ĂŵŝůƚŽŶ,ŝŐŚǁĂLJ ͻ WĂƌƟĐŝƉĂƚĞŝŶƚŚĞZĞŐŝŽŶĂůtĂƐƚĞDĂŶĂŐĞŵĞŶƚ'ƌŽƵƉ ĂŶĚƚŚĞDŝĚůĂŶĚ,ŝŐŚǁĂLJ ͻ ĚǀŽĐĂƚĞĨŽƌŽǀĞƌƚĂŬŝŶŐůĂŶĞƐŽŶƚŚĞŽůĂĐĂůůĂƌĂƚZŽĂĚ Council Approval of the Performance Statement /ŶŽƵƌŽƉŝŶŝŽŶ͕ƚŚĞĂĐĐŽŵƉĂŶLJŝŶŐWĞƌĨŽƌŵĂŶĐĞ^ƚĂƚĞŵĞŶƚŽĨƚŚĞ'ŽůĚĞŶWůĂŝŶƐ^ŚŝƌĞŽƵŶĐŝůŝŶƌĞƐƉĞĐƚŽĨƚŚĞϮϬϭϯͲϭϰ ĮŶĂŶĐŝĂůLJĞĂƌŝƐƉƌĞƐĞŶƚĞĚĨĂŝƌůLJŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞ>ŽĐĂů'ŽǀĞƌŶŵĞŶƚĐƚϭϵϴϵ͘ dŚĞƐƚĂƚĞŵĞŶƚŽƵƚůŝŶĞƐƚŚĞƉĞƌĨŽƌŵĂŶĐĞƚĂƌŐĞƚƐĂŶĚŵĞĂƐƵƌĞƐƐĞƚŽƵƚŝŶƌĞůĂƟŽŶƚŽƚŚĞĂĐŚŝĞǀĞŵĞŶƚŽĨƚŚĞƵƐŝŶĞƐƐWůĂŶ ŝŶƌĞƐƉĞĐƚŽĨƚŚĂƚLJĞĂƌĚĞƐĐƌŝďĞĚŝŶŽƵŶĐŝů͛ƐŽƌƉŽƌĂƚĞWůĂŶĂŶĚĚĞƐĐƌŝďĞƐƚŚĞĞdžƚĞŶƚƚŽǁŚŝĐŚƚŚĞƵƐŝŶĞƐƐWůĂŶǁĂƐŵĞƚŝŶ ƚŚĂƚLJĞĂƌŚĂǀŝŶŐƌĞŐĂƌĚƚŽƚŚŽƐĞƚĂƌŐĞƚƐĂŶĚŵĞĂƐƵƌĞƐ͘ ƐĂƚƚŚĞƟŵĞŽĨƐŝŐŶŝŶŐ͕ǁĞĂƌĞŶŽƚĂǁĂƌĞŽĨĂŶLJĐŝƌĐƵŵƐƚĂŶĐĞǁŚŝĐŚǁŽƵůĚƌĞŶĚĞƌĂŶLJƉĂƌƟĐƵůĂƌŝŶƚŚĞWĞƌĨŽƌŵĂŶĐĞ ^ƚĂƚĞŵĞŶƚƚŽďĞŵŝƐůĞĂĚŝŶŐŽƌŝŶĂĐĐƵƌĂƚĞ͘ ^ŝŐŶĞĚĂƚĂŶŶŽĐŬďƵƌŶƚŚŝƐϵƚŚĚĂLJŽĨ^ĞƉƚĞŵďĞƌϮϬϭϰ͘ Councillor Jenny Blake Councillor Des Phelan Mayor DĞŵďĞƌƵĚŝƚΘZŝƐŬŽŵŵŝƩĞĞ Golden Plains Shire Annual Report 2013-14 x91 92 x Golden Plains Shire Annual Report 2013-14 Golden Plains Shire Annual Report 2013-14 x93 WŚĂƌŵĂĐLJĂƚ dŚĞtĞůůŝŶ^ŵLJƚŚĞƐĚĂůĞ dŚĞtĞůůĂƚ^ŵLJƚŚĞƐĚĂůĞ /ŶƐŝĚĞĂŶŶŽĐŬďƵƌŶƵůƚƵƌĂůĞŶƚƌĞ dŚĞĂŶŶŽĐŬďƵƌŶƵůƚƵƌĂůĞŶƚƌĞ ĂŶŶŽĐŬďƵƌŶZĞĐƌĞĂƟŽŶWƌĞĐŝŶĐƚ͕ŝŶĚŽŽƌƐƚĂĚŝƵŵ ĂŶŶŽĐŬďƵƌŶZĞĐƌĞĂƟŽŶĞŶƚƌĞ 94 x Golden Plains Shire Annual Report 2013-14 ĂŶŶŽĐŬďƵƌŶ&ĂŵŝůLJ^ĞƌǀŝĐĞƐĞŶƚƌĞ EƵƌƐĞƌLJŵŽƌŶŝŶŐƚĞĂ tŽĂĚLJzĂůŽĂŬ ƋƵĞƐƚƌŝĂŶĞŶƚƌĞZĞŐŝŽŶĂů&ĂĐŝůŝƚLJhƉŐƌĂĚĞ >ĞƚŚďƌŝĚŐĞŝƌƉŽƌƚ Bannockburn Customer Service Centre 2 Pope Street, Bannockburn P: (03) 5220 7111 F: (03) 5220 7100 Linton Customer Service Centre 68 Sussex Street, Linton P: (03) 5344 6444 F: (03) 5344 7302 Postal Address Golden Plains Shire Council PO Box 111, Bannockburn, Victoria, 3331 General Enquiries P: (03) 5220 7111 or 1300 363 036* *Local call cost from within the Shire, excluding from mobile phones E: [email protected] goldenplains.vic.gov.au