City Plan 2009 - 2013 - City of Greater Geelong

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Budget 2009-2010 Budget at a Glance The 2009-2010 City of Greater Geelong Operating Budget features a recurrent surplus of $4.6M to fund 7.9 5.1 38.2 capital expenditure in 2009-2010. 7.8 5.2 37.0 23.6 20.1 The 2009-2010 Budget provides for recurrent services of $216.1M. After accounting for non recurrent items including capital income and asset recognition, the 2009-2010 budget records a Net Operating Surplus of $34.4M. 50.2 Budget 2008-2009 $M Projection 2008-2009 $M Budget 2009-2010 $M Variance to Prior Budget Fav/(Unfav) $M Recurrent 53.5 80.1 Income 83.2 202.9 207.1 216.1 13.2 Expenditure 200.5 202.3 211.5 11.0 Recurrent Surplus / (Deficit) 2.4 4.8 4.6 2.2 Non-Recurrent Prior Year Gross 2009-2010 Gross Income Expenditure Expenditure 26.3 32.7 31.9 5.6 $M $M City Expenditure Services $80.1 $83.2 2.1 2.3 2.1 0 Community Services $50.2 Corporate Non-Recurrent Services & Surplus Chief Executive / (Deficit) $37.0 $53.5 $38.2 24.2 30.4 29.8 5.6 Community Net Surplus Infrastructure / (Deficit) & Recreation $20.1 Major Projects $5.2 $23.6 $5.1 26.6 35.2 34.4 7.8 Economic Capital Expenditure Development & Planning $7.8 $7.9 77.6 75.2 80.2 2.6 Council Income The following summarises the main sources of Council’s income. Council Services The following provides an overview of Council’s 2009-2010 expenditure on the diversity of services provided to residents. t 47.7 45.5 36.0 2009-2010 131.4 Council Income $216.1M $5.8 (Prior year $202.9M) $4.4 122.3 33.8 1.3 $3.7 1.0 $3.7 $3.7 $2.3 Prior Year $M 2009-2010 $M $3.5 Rates and Charges $122.3 $131.4 $2.3 Fees and Charges $45.5 $47.7 $3.5 $2.5 $3.5 Government Grants $33.8 $36.0 $2.5 Interest on Investments $1.3 $1.0 $3.5 $3.3 $2.7 $3.1 $3.3 $3.0 $2.7 $3.1 $3.0 Rate revenue is 61.0 per cent of total revenue and reflects an overall average $14.7M of 4.9 Corporate $3.3M Kardinia $5.8M Kildare $14.7M per cent Corporate $3.1M $3.3M Austin Kardinia rate increase for average residential $5.8M Kildare $3.1M Austin $4.4M Brownbill ratepayers $4.4M Brownbill $3.0M $3.0M Coryule Coryule and a lift in the Garbage charge $3.7M from Corio $3.7M $183.50 Corio $2.7M $2.7M Buckley Buckley $3.7M Deakin $3.7M Deakin $2.5M $2.5M Cowie Cowie to $190.80 per tenement. Municipal $3.5M Beangala $3.5M charge Beangala $2.3M $2.3M Cheetham Cheetham increases from $75.50 per property $3.5M Windermere to $3.5M $78.50 Windermere per property as a contribution to the fixed costs of Governance. 52 City Plan 2009-2013 | City of Greater Geelong $3.7 $4.4 $5.8 9.6 $14.7 9.6 $14.7 9.6 23.6 23.6 53.5 50.2 53.5 5.1 5.1 20.1 20.1 50.2 5.2 7.9 7.9 7.8 37.0 38.2 Prior Year 2009-2010 Prior Year Gross 2009-2010 Gross Gross Expenditure Gross Expenditure Expenditure $M Expenditure $M City Services $M $80.1 $M $83.2 City Community Services Services $80.1 $50.2 $83.2 $53.5 Community Corporate Services & Chief Executive $50.2 $37.0 $53.5 $38.2 Corporate Community Services Infrastructure & Chief Executive & Recreation $37.0 $20.1 $38.2 $23.6 Community Infrastructure & Recreation $20.1 $23.6 Major Major Projects Projects $5.2 $5.2 $5.1 $5.1 Economic Development Development & Planning & Planning $7.8 $7.8 $7.9 $7.9 47.7 5.2 7.8 38.2 2009-2010 37.0 Gross Expenditure on Council Services - $211.5M (Prior year $200.4M) 80.1 83.2 80.1 83.2 Back to table of contents
Budget 2009 - 2010 Infrastructure Maintenance The 2009-2010 Budget continues the trend of increasing expenditure for infrastructure maintenance in recognition of the need to address Council’s ageing infrastructure. 2004-2005 Budget $M 2005-2006 Budget $M 2006-2007 Budget $M 2007-2008 Budget $M 2008-2009 Budget $M 2009-2010 Budget $M Parks and Road Maintenance 20.9 22.6 23.0 24.2 25.8 27.5 Road and Footpath Renewal 9.5 9.6 10.6 9.7 11.9 13.5 Building Maintenance 2.5 2.6 2.7 3.1 3.1 3.1 Recreation Infrastructure 1.9 2.5 2.1 2.8 2.2 2.1 Community Development 0.3 0.3 0.3 0.3 0.3 0.2 Total 35.1 37.6 38.7 40.1 43.3 46.4 Liquidity The 2009-2010 Budget provides for $12.5M of borrowings to fund the replacement of the Leisurelink facility. In 2008-2009 loans of $12.5M were taken up to fund capital works. Council has capacity to borrow as prior to 2005-2006 it had not taken out long term loans since 1998. 2004-2005 Actual $M 2005-2006 Actual $M 2006-2007 Actual $M 2007-2008 Actual $M 2008-2009 Projection $M 2009-2010 Budget $M Net Cash – Surplus (Deficit) 0.6 9.9 15.3 15.6 9.6 (8.6) Total Loans 12.5 15.9 16.6 14.7 26.2 36.0 Cash / Investments 13.1 25.8 31.9 30.3 35.8 27.4 Key Initiatives 2009-2010 Budget The City is experiencing an historic period of drought which is placing an array of pressures and threats on our natural environment and our environmental capital. The response has been to adopt the Sustainable Water Futures Policy to implement important water saving and drought recovery initiatives. Council has responded in a positive way to climate change with the Greenhouse Reduction Strategy adopted in December 2007, with key initiatives to be funded in 2009-2010. Drought Recovery Tree Removal Drought Tolerant Grass Oval Renovation Significant Tree Watering Water Saving Swimming pools – reuse of water Queens Park Water Reuse Upgrade of Automatic Irrigation Systems Stormwater reuse facility Climate Change 0.7 $M 0.8 1.1 Back to table of contents City Plan 2009-2013 | City of Greater Geelong 53
Page 1 and 2: WWW.GEELONGAUSTRALIA.COM.AU City Pl
Page 3 and 4: Welcome to City Plan 2009-2013 The
Page 5 and 6: environmental action. The impact of
Page 7 and 8: Geelong is characterised by its bay
Page 9 and 10: Planning Framework Systemic Plannin
Page 11 and 12: Planning Framework Future plans for
Page 13 and 14: Planning Framework Balyang Sanctuar
Page 15 and 16: Our Councillors Our Council The Cit
Page 17 and 18: Our Councillors Cr John Doull Coryu
Page 19 and 20: Our Councillors Geelong’s positio
Page 21 and 22: Our Councillors The eastern edge of
Page 23 and 24: Our Councillors The Geelong Ring Ro
Page 25 and 26: Strategic Directions and Annual Act
Page 43 and 44: The Bellarine Rail Trail provides a
Page 45 and 46: Delivering City Plan The City commi
Page 47 and 48: Delivering City Plan The City’s s
Page 49 and 50: Delivering City Plan Responsible Fi
Page 51: Delivering City Plan The City encou
Page 55 and 56: Budget 2009 - 2010 Skilled Stadium
Page 57 and 58: Budget 2009 - 2010 Human Resources
Page 59 and 60: Back to table of contents The Bella
Page 61 and 62: Budget 2009 - 2010 Standard Stateme
Page 63 and 64: Budget 2009 - 2010 Standard Stateme
Page 65 and 66: Blue Waters Lake in Ocean Grove is

City Plan 2009 - 2013 - City of Greater Geelong

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