WALCHA COUNCIL ANNUAL REPORT 2014 – 2015€¦ · Annual Report 2014-2015 - Page 192. Special...

Walcha Council 2014-2015 Annual Report Appendix D

WO/2015/02113 91

WALCHA COUNCIL ANNUAL REPORT 2014 – 2015

Special Schedules

For the Year Ended

30 June 2015

Special Schedules 2015

page 1

Walcha Council

Special Schedules for the financial year ended 30 June 2015

Contents

Special Schedules1

Net Cost of Services

Statement of Long Term Debt (all purposes)

Statement of Internal Loans (Sect. 410(3) LGA 1993)

Water Supply Operations - incl. Income StatementWater Supply - Statement of Financial Position

Sewerage Service Operations - incl. Income StatementSewerage Service - Statement of Financial Position

- Notes to Special Schedules No. 3 & 5

Report on Infrastructure Assets (as at 30 June 2015)

Financial Projections

Permissible Income Calculation

1 Special Schedules are not audited (with the exception of Special Schedule 9).

Background

These Special Schedules have been designed to meet the requirements of special purpose users such as;

the NSW Grants Commissionthe Australian Bureau of Statistics (ABS),the NSW Office of Water (NOW), andthe Office of Local Government (OLG).

The financial data is collected for various uses including;

the allocation of Financial Assistance Grants,the incorporation of Local Government financial figures in national statistics,the monitoring of loan approvals,the allocation of borrowing rights, andthe monitoring of the financial activities of specific services.

- Special Schedule No. 5 10

Page

2

4

5

- Special Schedule No. 1

- Special Schedule No. 2(a)n/a


- Special Schedule No. 2(b)


16- Special Schedule No. 7

15

14

(ii)


(i)

- Special Schedule No. 9 22


n/a

Annual Report 2014-2015 - Page 192


page 2

Walcha Council

Special Schedule No. 1 - Net Cost of Services for the financial year ended 30 June 2015

$'000

Governance

Administration

Public Order and Safety

Beach ControlEnforcement of Local Govt. RegulationsAnimal ControlOtherTotal Public Order & Safety

Health

EnvironmentNoxious Plants and Insect/Vermin ControlOther Environmental ProtectionSolid Waste ManagementStreet CleaningDrainageStormwater ManagementTotal Environment

Community Services and EducationAdministration & EducationSocial Protection (Welfare)Aged Persons and DisabledChildren's ServicesTotal Community Services & Education

Housing and Community AmenitiesPublic CemeteriesPublic ConveniencesStreet LightingTown PlanningOther Community AmenitiesTotal Housing and Community Amenities

Water Supplies

Sewerage Services

(87)

(154)-

-

--

-

-

58

--

-

(10)

-

(251)

(234)

(26)

--

15

-

-

-

-

--

--

698

952167

-

304

800

57

294-

-

15-

312

101

Net Cost.of Services.

--

(149)

-

(408)(167)

146 324 - 178

(18)--

(666)

-

4

87

Function or Activity

-

Fire Service Levy, Fire Protection, Emergency Services

-

496

-127

670

149

4

- -(167)

- (99)

-

100

22-

171

-

34

63

590

-

-

(27)

(52)(57)

(98)-

(16)

-

-

-27

-

29

774480

841

-

416358

Expenses from.Continuing.Operations. Non Capital.

-

-

--

Capital.

Income fromcontinuing operations

-

1

--

544

4

544

-

- -

-



page 3

Walcha Council

Special Schedule No. 1 - Net Cost of Services (continued) for the financial year ended 30 June 2015

$'000

Recreation and CulturePublic LibrariesMuseumsArt GalleriesCommunity Centres and HallsPerforming Arts VenuesOther Performing ArtsOther Cultural ServicesSporting Grounds and VenuesSwimming PoolsParks & Gardens (Lakes)Other Sport and RecreationTotal Recreation and Culture

Fuel & Energy

Agriculture

Mining, Manufacturing and ConstructionBuilding ControlOtherMining,Manufacturing&ConstructionTotal Mining, Manufacturing and Const.

Transport and CommunicationUrban Roads (UR) - LocalUrban Roads - RegionalSealed Rural Roads (SRR) - LocalSealed Rural Roads (SRR) - RegionalUnsealed Rural Roads (URR) - LocalUnsealed Rural Roads (URR) - RegionalBridges on UR - LocalBridges on SRR - LocalBridges on URR - LocalBridges on Regional RoadsParking AreasFootpathsAerodromesOther Transport & CommunicationTotal Transport and Communication

Economic AffairsCamping Areas & Caravan ParksOther Economic AffairsTotal Economic Affairs

Totals – FunctionsGeneral Purpose Revenues (2)

NET OPERATING RESULT (1)

(1) As reported in the Income Statement (2) Includes: Rates & Annual Charges (incl. Ex Gratia, excl. Water & Sewer), Non Capital General Purpose Grants,

Interest on Investments (excl. Ext. Restricted Assets) & Interest on overdue Rates & Annual Charges

Share of interests - joint ventures & associates using the equity method

(38)

(49)

26

(104)

(16)

-

Net Cost.of Services.

(39)

(55)

(20)

81

(213)

(375)

-

(27)(95)

201-

-

(161)-

19

5,097

277

(2,601)(1,095)

-(244)

1,205

-

(3,892)(82)

(23)

(1,659)3,034

(59)

(44)

-

(11)

-

-(13)

(135)

-25

-

(562)

--

29

Capital.

-

-

24

-

209-409

7041,504

--

241 28

3,514

8

13

-

-

(18)

63

20 -375 -

49

-

Non Capital.

-

Expenses from.Continuing.Operations.

95

117194

6

3

2-

-

-

39

-

-

-

-

(81)

--

-

5370827 -

93

--

Function or Activity

8

-

-

-

-

- -

-

-

-

--

277

-

-

-

-5

44

-3,232

-

1981613 -

38

244

- -

209

11,893

-

6,246 4,378

607574

12,821

525

1033

5,09711,893

515

-

7,724

35

40

-

Income fromcontinuing operations

---


Walcha Council

Special Schedule No. 2(a) - Statement of Long Term Debt (all purpose) for the financial year ended 30 June 2015

$'000

Notes: Excludes (i) Internal Loans & (ii) Principal Inflows/Outflows relating to Loan Re-Financing. This Schedule is prepared using the face value of debt obligations, rather than fair value (which are reported in the GPFS).

Loans (by Source)Commonwealth Government -- -- -

Principal outstanding New Loans raised during

the year

at beginning of the year

Classification of DebtCurrent Non

Current Total

Debt redemption during the year

From Revenue

Sinking Funds

-

-

-

Transfers to Sinking

Funds

-Other State Government - - -

---

- - --

Treasury Corporation-

-

- -

Public Subscription - -

- - ---

-

Financial Institutions 61 662 723 --

--

-

-

-61- - -

61

61 662Total Loans-

723Other

---Other Long Term DebtRatepayers Advances - --

-Government Advances -Finance Leases -

-----

--

-- --

-

-

-

-

-Deferred Payments

--

61

-

662

-- --Total Long Term Debt - -

Total Debt

-

723

-

- 61



page 5

Walcha Council

Special Schedule No. 3 - Water Supply Income Statement Includes ALL INTERNAL TRANSACTIONS, ie. prepared on a Gross Basis. for the financial year ended 30 June 2015

$'000

A Expenses and IncomeExpenses

1. Management expensesa. Administrationb. Engineering and Supervision

2. Operation and Maintenance expenses- Dams & Weirsa. Operation expensesb. Maintenance expenses

- Mainsc. Operation expensesd. Maintenance expenses

- Reservoirse. Operation expensesf. Maintenance expenses

- Pumping Stationsg. Operation expenses (excluding energy costs)h. Energy costsi. Maintenance expenses

- Treatmentj. Operation expenses (excluding chemical costs)k. Chemical costsl. Maintenance expenses

- Otherm. Operation expensesn. Maintenance expenseso. Purchase of water

3. Depreciation expensesa. System assetsb. Plant and equipment

4. Miscellaneous expensesa. Interest expensesb. Revaluation Decrementsc. Other expensesd. Impairment - System assetse. Impairment - Plant and equipmentf. Aboriginal Communities Water & Sewerage Programg. Tax Equivalents Dividends (actually paid)

5. Total expenses

- --

--

-

-208 203

--

--

-

-

-

2 25

-

--

---

2

-

36

881957

62

148

77

38

141

-46

7

-7

1 2

2 78

71102 67

3 5

2015

-

132

Actuals 2014

-

842 787

Actuals



page 6

Walcha Council

Special Schedule No. 3 - Water Supply Income Statement (continued) Includes ALL INTERNAL TRANSACTIONS, ie. prepared on a Gross Basis. for the financial year ended 30 June 2015

$'000

Income

6. Residential chargesa. Access (including rates)b. Usage charges

7. Non-residential chargesa. Access (including rates)b. Usage charges

8. Extra charges

9. Interest income

10. Other income10a. Aboriginal Communities Water and Sewerage Program

11. Grantsa. Grants for acquisition of assetsb. Grants for pensioner rebatesc. Other grants

12. Contributionsa. Developer chargesb. Developer provided assetsc. Other contributions

13. Total income

14. Gain (or loss) on disposal of assets

15. Operating Result

15a. Operating Result (less grants for acquisition of assets)

13 16

-

(130)

--

-

-9 9

-

-

-

198

-

434

2015Actuals

-

- -

Actuals

(249)

-

-

(249)

-

-

593

-

(130)

-

362209

-

-

2014

657

-

-



page 7

Walcha Council

Special Schedule No. 3 - Water Supply Income Statement (continued) Includes ALL INTERNAL TRANSACTIONS, ie. prepared on a Gross Basis. for the financial year ended 30 June 2015

$'000

B Capital transactionsNon-operating expenditures

16. Acquisition of Fixed Assetsa. New Assets for Improved Standardsb. New Assets for Growthc. Renewalsd. Plant and equipment

17. Repayment of debta. Loansb. Advancesc. Finance leases

18. Transfer to sinking fund

19. Totals

Non-operating funds employed

20. Proceeds from disposal of assets

21. Borrowing utiliseda. Loansb. Advancesc. Finance leases

22. Transfer from sinking fund

23. Totals

C Rates and charges

24. Number of assessmentsa. Residential (occupied)b. Residential (unoccupied, ie. vacant lot)c. Non-residential (occupied)d. Non-residential (unoccupied, ie. vacant lot)

25. Number of ETs for which developer charges were received

26. Total amount of pensioner rebates (actual dollars)

--

2014

65

2015

-

- -

1717768

-

Actuals

-

770

-

-

-

--

-

-

-

-

65

-

80

-

-

-

- -

-

-

Actuals

-

-80

13116

13215

- ET- ET

8,907$9,286$



page 8

Walcha Council

Special Schedule No. 3 - Water Supply Cross Subsidies for the financial year ended 30 June 2015

$'000

D Best practice annual charges and developer charges*

27. Annual chargesa. Does Council have best-practice water supply annual charges and usage charges*?

If Yes, go to 28a.If No, please report if council has removed land value from accesscharges (ie rates)?

NB. Such charges for both residential customers and non-residentialcustomers comply with section 3.2 of Water Supply, Sewerage andTrade Waste Pricing Guidelines, NSW Office of Water, December,2002. Such charges do not involve significant cross subsidies.

b. Cross-subsidy from residential customers using less than allowance (page 25 of Guidelines)

c. Cross-subsidy to non-residential customers (page 24 of Guidelines)

d. Cross-subsidy to large connections in unmetered supplies (page 26 of Guidelines)

28. Developer chargesa. Has council completed a water supply Development Servicing** Plan?

b. Total cross-subsidy in water supply developer charges for 2014/15 (page 47 of Guidelines)

** In accordance with page 9 of Developer Charges Guidelines forWater Supply, Sewerage and Stormwater, NSW Office of Water,December, 2002.

29. Disclosure of cross-subsidiesTotal of cross-subsidies (27b +27c + 27d + 28b)

* Councils which have not yet implemented best practice water supply pricing should disclose cross-subsidies in items 27b, 27c and 27d above.

However, disclosure of cross-subsidies is not required where a Councilhas implemented best practice pricing and is phasing in such pricing overa period of 3 years.

-

No

AmountNo

Yes

Yes



page 9

Walcha Council

Special Schedule No. 4 - Water Supply Statement of Financial Position Includes INTERNAL TRANSACTIONS, ie. prepared on a Gross Basis. as at 30 June 2015

$'000

ASSETS30. Cash and investments

a. Developer chargesb. Special purpose grantsc. Accrued leaved. Unexpended loanse. Sinking fundf. Other

31. Receivablesa. Specific purpose grantsb. Rates and Availability Chargesc. User Chargesd. Other

32. Inventories

33. Property, plant and equipmenta. System assetsb. Plant and equipment

34. Other assets

35. Total assets

LIABILITIES36. Bank overdraft37. Creditors38. Borrowings

a. Loansb. Advancesc. Finance leases

39. Provisionsa. Tax equivalentsb. Dividendc. Other

40. Total liabilities

41. NET ASSETS COMMITTED

EQUITY42. Accumulated surplus43 Asset revaluation reserve

44. TOTAL EQUITY

Note to system assets:45. Current replacement cost of system assets46. Accumulated current cost depreciation of system assets47. Written down current cost of system assets

-

15,800344

- -

-

--

-

-

6,146

15,800

17,933(2,132)

9,998

16,144

16,144

-

-

--

-

34

--

-

-

- ---

-- --

-

-

15,800

-

--

-

344

15,800

-

-

- -

34

-

-

309 -- -

1

Non Current

-

- -- -

-

Actuals Current

- -

Actuals

- -

-

- -

-

Actuals Total

-

- -

15,800

309

1-

16,144

- -

-



page 10

Walcha Council

Special Schedule No. 5 - Sewerage Service Income Statement Includes ALL INTERNAL TRANSACTIONS, ie. prepared on a Gross Basis. for the financial year ended 30 June 2015

$'000

A Expenses and IncomeExpenses

1. Management expensesa. Administrationb. Engineering and Supervision

2. Operation and Maintenance expenses- Mainsa. Operation expensesb. Maintenance expenses

- Pumping Stationsc. Operation expenses (excluding energy costs)d. Energy costse. Maintenance expenses

- Treatmentf. Operation expenses (excl. chemical, energy, effluent & biosolids management costs)

g. Chemical costsh. Energy costsi. Effluent Managementj. Biosolids Managementk. Maintenance expenses

- Otherl. Operation expensesm. Maintenance expenses

3. Depreciation expensesa. System assetsb. Plant and equipment

4. Miscellaneous expensesa. Interest expensesb. Revaluation Decrementsc. Other expensesd. Impairment - System assetse. Impairment - Plant and equipmentf. Aboriginal Communities Water & Sewerage Programg. Tax Equivalents Dividends (actually paid)

5. Total expenses

Actuals 2015

Actuals 2014

-

68

55 6023 17

4

21-4

7

93

358 338

-- -

- -

-

-

- 1

- -

-

-

-- -

- -

-42 35

-

8

--

17

--

-

109

119

-

-

103

-



page 11

Walcha Council

Special Schedule No. 5 - Sewerage Service Income Statement (continued) Includes ALL INTERNAL TRANSACTIONS, ie. prepared on a Gross Basis. for the financial year ended 30 June 2015

$'000

Income

6. Residential charges (including rates)

7. Non-residential chargesa. Access (including rates)b. Usage charges

8. Trade Waste Chargesa. Annual Feesb. Usage chargesc. Excess mass chargesd. Re-inspection fees

9. Extra charges

10. Interest income

11. Other income11a. Aboriginal Communities Water & Sewerage Program

12. Grantsa. Grants for acquisition of assetsb. Grants for pensioner rebatesc. Other grants

13. Contributionsa. Developer chargesb. Developer provided assetsc. Other contributions

14. Total income

15. Gain (or loss) on disposal of assets

16. Operating Result

16a. Operating Result (less grants for acquisition of assets)

35 41

- -

- -

- -- -

-

-

-

61 77

61

- -

9 9- -

419 415

-

77

- -

- -- -

- -

-

-79 81

-

-

284

Actuals

296

Actuals 20142015



page 12

Walcha Council

Special Schedule No. 5 - Sewerage Service Income Statement (continued) Includes ALL INTERNAL TRANSACTIONS, ie. prepared on a Gross Basis. for the financial year ended 30 June 2015

$'000

B Capital transactionsNon-operating expenditures

17. Acquisition of Fixed Assetsa. New Assets for Improved Standardsb. New Assets for Growthc. Renewalsd. Plant and equipment

18. Repayment of debta. Loansb. Advancesc. Finance leases

19. Transfer to sinking fund

20. Totals

Non-operating funds employed

21. Proceeds from disposal of assets

22. Borrowing utiliseda. Loansb. Advancesc. Finance leases

23. Transfer from sinking fund

24. Totals

C Rates and charges

25. Number of assessmentsa. Residential (occupied)b. Residential (unoccupied, ie. vacant lot)c. Non-residential (occupied)d. Non-residential (unoccupied, ie. vacant lot)

26. Number of ETs for which developer charges were received

27. Total amount of pensioner rebates (actual dollars)

4- --

45

-

--

445

16

- ET

8,872$

-

-

-

-

--

- -

Actuals Actuals 2015 2014

-

--

34118

-

-

679

-

--

-

9,143$

-

119

-

32

-

15

- ET

682



page 13

Walcha Council

Special Schedule No. 5 - Sewerage Service Cross Subsidies for the financial year ended 30 June 2015

$'000

D Best practice annual charges and developer charges*

28. Annual chargesa. Does Council have best-practice sewerage annual charges, usage charges and trade waste fees & charges*?

If Yes, go to 29a.If No, please report if council has removed land value from accesscharges (ie rates)?

NB. Such charges for both residential customers and non-residentialcustomers comply with section 4.2 & 4.3 of the Water Supply,Sewerage and Trade Waste Pricing Guidelines, NSW Office ofWater, December, 2002. Such charges do not involve significantcross subsidies.

b. Cross-subsidy to non-residential customers (page 45 of Guidelines)

c. Cross-subsidy to trade waste discharges (page 46 of Guidelines)

29. Developer chargesa. Has council completed a sewerage Development Servicing** Plan?

b. Total cross-subsidy in sewerage developer charges for 2014/15 (page 47 of Guidelines)

** In accordance with page 9 of Developer Charges Guidelines forWater Supply, Sewerage and Stormwater, NSW Office of Water,December, 2002.

30. Disclosure of cross-subsidiesTotal of cross-subsidies (28b + 28c + 29b)

* Councils which have not yet implemented best practice sewer pricing & liquid waste prising should disclose cross-subsidies in items 28b and 28c above.

However, disclosure of cross-subsidies is not required where a Councilhas implemented best practice sewerage and liquid waste pricing andis phasing in such pricing over a period of 3 years.

-

Amount

no

yes

Yes No



page 14

Walcha Council

Special Schedule No. 6 - Sewerage Service Statement of Financial Position Includes INTERNAL TRANSACTIONS, ie. prepared on a Gross Basis. as at 30 June 2015

$'000

ASSETS31. Cash and investments

a. Developer chargesb. Special purpose grantsc. Accrued leaved. Unexpended loanse. Sinking fundf. Other

32. Receivablesa. Specific purpose grantsb. Rates and Availability Chargesc. User Chargesd. Other

33. Inventories

34. Property, plant and equipmenta. System assetsb. Plant and equipment

35. Other assets

36. Total Assets

LIABILITIES37. Bank overdraft38. Creditors39. Borrowings

a. Loansb. Advancesc. Finance leases

40. Provisionsa. Tax equivalentsb. Dividendc. Other

41. Total Liabilities

42. NET ASSETS COMMITTED

EQUITY42. Accumulated surplus44. Asset revaluation reserve

45. TOTAL EQUITY

Note to system assets:46. Current replacement cost of system assets47. Accumulated current cost depreciation of system assets48. Written down current cost of system assets

-- -

-

-

-

- --

1,303

30

Actuals Actuals

-- -

--

Non Current Current

1,303 --

-

--

Total

-

-

Actuals

-

5 -- -

--

-

30

-

4,341

1,338

-

--

2,718

4,341

5,420(1,079)

2,960

5,678

4,341

-

5

-

-

5,679

4,341

4,341

-

--1

-

-

-

1,337

-

-

-

--

- -

-

1 -

-

--

5,678

1

---

1

-



page 15

Walcha Council

Notes to Special Schedule No.'s 3 & 5 for the financial year ended 30 June 2015

Administration (1) Engineering and supervision (1)

(item 1a of Special Schedules 3 and 5) comprises the following: (item 1b of Special Schedules 3 and 5) comprises the following:

• Administration staff: • Engineering staff:

• Meter reading. • Other technical and supervision staff:

• Bad and doubtful debts.

• Other administrative/corporate support services.

Operational expenses (item 2 of Special Schedules 3 and 5) comprise the day to day operational expensesexcluding maintenance expenses.

Maintenance expenses (item 2 of Special Schedules 3 and 5) comprise the day to day repair and maintenanceexpenses. (Refer to Section 5 of the Local Government Asset Accounting Manual regarding capitalisationprinciples and the distinction between capital and maintenance expenditure).

Other expenses (item 4c of Special Schedules 3 and 5) includes all expenses not recorded elsewhere.

Revaluation decrements (item 4b of Special Schedules 3 and 5) is to be used when I,PP&E decreases in FV.

Impairment Losses (item 4d & 4e of Special Schedules 3 and 5) are to be used when the carrying amount ofan asset exceeds its recoverable amount (refer to page D-31).

Aboriginal Communities Water and Sewerage Program (item 4f of Special Schedules 3 and 5) is to beused when operation and maintenance work has been undertaken on behalf of the Aboriginal CommunitiesWater and Sewerage Program. Similarly, income for item 11a of Special Schedule 3 and item 12a of SpecialSchedule 5 are for services provided to the Aboriginal Communities Water and Sewerage Program and is notpart of Council’s water supply and sewerage revenue.

Residential charges (2) (items 6a, 6b and item 6 of Special Schedules 3 and 5 respectively) include all incomefrom residential charges. Item 6 of Schedule 3 should be separated into 6a Access Charges (including rates ifapplicable) and 6b Usage Charges.

Non-residential charges (2) (items 7a, 7b of Special Schedules 3 and 5) include all income from non-residentialcharges separated into 7a Access Charges (including rates if applicable) and 7b Usage Charges.

Trade waste charges (item 8 of Special Schedule 5) include all income from trade waste charges separatedinto 8a Annual Fees, 8b Usage Charges and 8c Excess Mass Charges and 8d Re-inspection Fees.

Other income (items 10 and 11 of Special Schedules 3 and 5 respectively) include all income not recordedelsewhere.

Other contributions (items 12c and 13c of Special Schedules 3 and 5 respectively) incl. capital contributionsfor water supply or sewerage services received by Council under Section 565 of the Local Government Act.

Notes:(1) Administration and engineering costs for the development of capital works projects should be reported as part of the capital cost of the project and not as part of the recurrent expenditure (ie. in item 16 for water supply and item 17 for sewerage, and not in items 1a and 1b).

(2) To enable accurate reporting of residential revenue from usage charges, it is essential for councils to accurately separate their residential (item 6) charges and non-residential (item 7) charges.


Walcha Council

Special Schedule No. 7 - Report on Infrastructure Assets as at 30 June 2015

$'000

86%

10%

32,6064,260

Swimming Pools - 24 24 687 32%

10 2,5041,252

Buildings

Sealed Roads Surface Roads

Other Structures

sub total

Other Structures

sub total

Council Houses

10.5%

81%28%

80.2%

1,283

32%596

- 29

Unsealed Roads

LibraryAmenities

Swimming Pool

200

170

- -

- 2123

Other

1,045

135

-

25 23

20

-

Asset Class

- 349

Council Offices /Administration Centres

to bring up to a Estimated cost

Actual Required Written

standard 2014/15

-114207

- -

-

--

-165

1

Asset Category

Annual Maintenance Down Value (WDV) Maintenance

refer (4)

satisfactory 1

-

62%

Auto Electrician

Squash Courts

Child CareSpecialised Buildings

Council Works Depot

71%

142

Other Road Assets

Bridges

406

492

100

3%

4,1622,0008,500

10,749114,595

643

4

17050

Kerb and Gutter

sub total

Sealed Roads Structure

Footpaths

32.0%

500

15%

-

65

4

12

1

5

1

20

650-

7

3,253121

24

-167

refer (2)

443

refer (1) refer (3)

507

445256

--

5

4256

109

698480

1,32616,407

13149

166,1151,399


Walcha Council

Special Schedule No. 7 - Report on Infrastructure Assets (continued) as at 30 June 2015

$'000

Network

Connections - 5 5 777 20%

4,170 22.0%

54

61sub total21-

7215442

721-

61

60- 4,942 10%20%

138

23150 1,94421

6,515

refer (4)

72

1

Down Value

2,38150%

(WDV)

20%

refer (3)

Treatment

Water Supply

Asset Class Asset Category

Reservoirs10

38-

171230-

Maintenance

5989

to bring up to a

standard

Estimated cost

2014/15

10%

refer (2)

Actual satisfactory Annual Maintenance

Required

30

-

30%

Written

1

-

9 10%

-

5601,666

1740%

19.7%15,410

Pumping Station/s

Treatment

Mains

Meters

Mains

Other

4

-

sub total

refer (1)

Pumping Station/s

200

NetworkSewerage


Walcha Council

Special Schedule No. 7 - Report on Infrastructure Assets (continued) as at 30 June 2015

$'000

Notes:(1). Satisfactory is defined as “satisfying expectations or needs, leaving no room for complaint, causing satisfaction, adequate”.

The estimated cost to bring assets to a satisfactory standard is the amount of money that is required to be spent on an asset to ensure that it is in aThis estimated cost should not include any planned enhancements (ie.to heighten, intensify or improve the facilities).

(2). Required Annual Maintenance is “what should be spent to maintain assets in a satisfactory standard.(3). Actual Maintenance is what has been spent in the current year to maintain the assets.

Actual Maintenance may be higher or lower than the required annual maintenance due to the timing of when the maintenance actually occurs.(4). Written Down Value is in accordance with Note 9 of Council's General Purpose Financial Statements

(5). Infrastructure Asset Condition Assessment "Key"

Excellent No work required (normal maintenance) Condition DescriptGood Only minor maintenance work required Condition DescriptAverage Maintenance work required Condition DescriptPoor Renewal required Condition DescriptVery Poor Urgent renewal/upgrading required Condition Descript

TOTAL - ALL ASSETS 16,961 1,703 1,837 199,650 69.1%

11Drainage Inlet and Junction Pits

Levees

Stormwater Conduits 3,913

10

1

6789

--

refer (2)

3040

--

refer (3) refer (1)

Actual Estimated cost

Maintenance 2014/15 Maintenance

88- 168

Down Value Required to bring up to a

1(WDV)

50

Asset Category refer (4)

Annual satisfactory standard

4

21

9,419sub total 0.0%

3

Outfall StructuresHead Walls 36

10-

40 5,293

Written

Asset Class

5

-

-Stormwater

1



page 19

Walcha Council

Special Schedule No. 7 - Report on Infrastructure Assets (continued) for the financial year ended 30 June 2015

$ '000

Infrastructure Asset Performance IndicatorsConsolidated

Depreciation, Amortisation & Impairment

2. Infrastructure Backlog RatioEstimated Cost to bring Assets to aSatisfactory ConditionTotal value(2) of Infrastructure, Building, Other Structures& depreciable Land Improvement Assets

3. Asset Maintenance RatioActual Asset MaintenanceRequired Asset Maintenance

4. Capital Expenditure RatioAnnual Capital ExpenditureAnnual Depreciation

Notes

(1) Asset Renewals represent the replacement &/or refurbishment of existing assets to an equivalent capacity/performanceas opposed to the acquisition of new assets (or the refurbishment of old assets) that increases capacity/performance.Asset Renewals include building, infrastructure & Other Structure assets only.

(2) Written Down Value

79.00%1,998

2,270 0.95 1.20 0.662,383

1,837 1.08 0.69 0.691,703

Indicator Prior Periods

16,961 8.50% 10.43% 10.00%199,650

2015 2015 2014 2013

1,825 91.34% 166.62%Asset Renewals(Building, Infrastructure & Other Structures) (1)

1. Building, Infrastructure & Other StructuresRenewals Ratio

Amounts



page 20

Walcha Council


Benchmark: Minimum >=100.00% Ratio is within BenchmarkSource for Benchmark: Code of Accounting Practice and Financial Reporting #23 Ratio is outside Benchmark

Benchmark: Maximum <0.02 Ratio is within BenchmarkSource for Benchmark: Code of Accounting Practice and Financial Reporting #23 Ratio is outside Benchmark

Benchmark: Minimum >1.00 Ratio is within BenchmarkSource for Benchmark: Code of Accounting Practice and Financial Reporting #23 Ratio is outside Benchmark

Benchmark: Minimum >1.10 Ratio is within BenchmarkSource for Benchmark: Code of Accounting Practice and Financial Reporting #23 Ratio is outside Benchmark

Council is progressively reducing its backlog.

Purpose of Asset Maintenance Ratio

Commentary on 2014/15 Result

2014/15 Ratio 1.08 x


2014/15 Ratio 91.34%

To assess the rate at which these assets are being renewed

relative to the rate at which they are depreciating.

Some works were delayed with their completion due to poor weather in June

2015 resulting in the expenditure ending up in WIP. The value of these works would

have seen the ratio well over 100%

Purpose of Infrastructure Backlog Ratio


2014/15 Ratio 8.50%

Compares actual vs. required annual asset maintenance. A ratio above 1.0 indicates Council is investing

enough funds to stop the Infrastructure Backlog growing.

Purpose of Capital Expenditure Ratio

Purpose of Asset Renewals Ratio

This ratio showswhat proportion the backlog is against

the total valueof a Council’s infrastructure.

To assess the extent to which a Council is expanding its asset

base thru capital expenditure on both new assets and the

replacement and renewal of existing

assets.

Council has improved its asset maintenance ratio.


2014/15 Ratio 0.95 x

This ratio is only slightly under the benchmark. This will improve in years to

come.

166.62%

40.00%79.00% 91.34%

0%

50%

100%

150%

200%

2012 2013 2014 2015

Rat

io %

1. Building, Infrastructure & Other Structures Renewals Ratio

10.0% 10.0% 10.4%8.5%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

2012 2013 2014 2015

Rat

io %

2. Infrastructure Backlog Ratio

1.01 1.08

0.69 0.69

0.00

0.20

0.40

0.60

0.80

1.00

1.20

1.40

2012 2013 2014 2015

Rat

io (

x)

3. Asset Maintenance Ratio

1.20

0.62 0.66 0.95

0.00

0.20

0.40

0.60

0.80

1.00

1.20

1.40

2012 2013 2014 2015

Rat

io (

x)

4. Capital Expenditure Ratio

Annual Report 2014-2015 - 1


page 21

Walcha Council


$ '000

Infrastructure Asset Performance IndicatorsBy Fund

Depreciation, Amortisation & Impairment

2. Infrastructure Backlog RatioEstimated Cost to bring Assets to aSatisfactory ConditionTotal value(3) of Infrastructure, Building, Other Structures& Depreciable Land Improvement Assets

3. Asset Maintenance RatioActual Asset MaintenanceRequired Asset Maintenance

4. Capital Expenditure RatioAnnual Capital ExpenditureAnnual Depreciation

Notes

(1) General Fund refers to all of Council's activities except for its Water & Sewer activities which are listed separately.

(2) Asset Renewals represent the replacement &/or refurbishment of existing assets to an equivalent capacity/performanceas opposed to the acquisition of new assets (or the refurbishment of old assets) that increases capacity/performance.Asset Renewals include building, infrastructure & Other Structure assets only.

(3) Written Down Value

0.38 0.66 1.02

prior period: 0.32 0.00 1.27

1.49% 3.69% 9.21%

prior period: 1.50% 25.29% 10.85%

1.24 1.18 1.06

prior period: 1.00 1.00 0.67

38.83% 67.16% 98.55%

prior period: 32.02% 37.88% 187.48%

Water Sewer General(1)

2015 2015 2015

1. Building, Infrastructure & Other StructuresRenewals Ratio

Asset Renewals(Building, Infrastructure & Other Structures) (2)



page 22

Walcha Council

Special Schedule No. 9 - Permissible Income Calculation for the financial year ended 30 June 2016

$'000

Notional General Income Calculation (1)

Last Year Notional General Income YieldPlus or minus Adjustments (2)

Notional General Income

Permissible Income Calculation

Special variation percentage (3)

or Rate peg percentageor Crown land adjustment (incl. rate peg percentage)

less expiring Special variation amountplus Special variation amount

or plus Rate peg amountor plus Crown land adjustment and rate peg amount

sub-total

plus (or minus) last year's Carry Forward Totalless Valuation Objections claimed in the previous yearsub-total

Total Permissible income

less Notional General Income YieldCatch-up or (excess) result

plus Income lost due to valuation objections claimed (4)

less Unused catch-up (5)

Carry forward to next year

Notes

1 The Notional General Income will not reconcile with rate income in the financial statements in the correspondingyear. The statements are reported on an accrual accounting basis which include amounts that relate to prior years'rates income.

2 Adjustments account for changes in the number of assessments and any increase or decrease in land value occurringduring the year. The adjustments are called "supplementary valuations" as defined in the Valuation of Land Act 1916.

3 The Special Variation Percentage is inclusive of the Rate Peg percentage and where applicable crown land adjustment.

4 Valuation objections are unexpected changes in land values as a result of land owners successfully objecting to theland value issued by the Valuer-General. Councils can claim the value of the income lost due to valuation objections inany single year.

5 Unused catch-up amounts will be deducted if they are not caught up within 2 years. Usually councils will have anominal carry forward figure. These amounts can be adjusted for in setting the rates in a future year.

6 Carry forward amounts which are in excess (an amount that exceeds the permissible income) require Ministerial approval byorder published in the NSW Government Gazette in accordance with section 512 of the Local Government Act 1993.The OLG will extract these amounts from councils’ Special Schedule 9 in the Financial Data Return (FDR) toadminister this process.

- -3,054 3,162

3,054 3,162

0.00% 0.00%2.30% 2.40%0.00% 0.00%

- -- -

18 (19)

70 76- -

3,124 3,238

- -18 (19)

3,219

3,162 3,202

a

(19) 17

Calculation Calculation2014/15 2015/16

- -

(19) 17

- -

3,142

l

m

n = (l + m)

o = k + n

g

b

d

e

f

k = (c+g+h+i+j)

j = c x f

i = c x e

h = d x (c-g)

c = (a + b)

p

q = o - p

r

st = q + r - s


WALCHA COUNCIL ANNUAL REPORT 2014 – 2015€¦ · Annual Report 2014-2015 - Page 192. Special...

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Transcript of WALCHA COUNCIL ANNUAL REPORT 2014 – 2015€¦ · Annual Report 2014-2015 - Page 192. Special...