Attachment 12 - Resourcing Strategy 2012-2013.pdf - IPART - NSW ...

2012/13
1.5. Priority Responses
1.5.1. Continuous Improvement of Policy and Practice
Activities:
• Develop a policy and program for the review of on-going service
programs, for strategic alignment, community relevance,
efficiency and service delivery methods, to assure “best value”
outcomes and outputs from those on-going (recurrent)
programs.
• Undertake community engagement on preparedness to support
increased rate revenue, fees and charges or debt, as part of
any consideration of quantum increases in service and/or asset
investment.
• Develop a strategy for the treatment of ‘windfall’ revenues and
savings, which will be initially directed to infrastructure assets
investment in priority order:
o firstly for maintenance and renewal backlog
o then full funding of renewal programs
o then growth-driven infrastructure.
• Develop a strategic approach to the pursuit and allocation of
external funds and the treatment of grant and partnership
project revenue in long term financial forecasting.
1.5.2. Better Information for Better Planning
Activities:
• Improve the accuracy and categorisation of the data and
expenditure forecasts held for asset management planning.
• Ensure optimum alignment between asset management
planning and financial accounting and reporting in relation to
assets, in particular the relationship between depreciation and
asset renewal.
• Develop a forward estimate of our capacity to fund new services
and new capital project works (by asset class), and confirm the
extent to which this projected capacity will meet anticipated
demands and ambitions.
• Identify potential asset rationalisation opportunities which would
ultimately facilitate the continued provision of services but
reduce maintenance and ultimate renewal costs, and
engagement the community on key issues associated with
asset rationalisation.
1.5.3. Systems Improvements
Activities:
• Recognise in long term resource allocation the full and wholeof-life
range of costs – capital & operation, and immediate & ongoing,
including depreciation – associated with proposed new
initiatives.
• Make full provision in the LTFP for Council’s forecast
Development Contributions obligations, consistent with actual
and forecast developer contributions.
• Confirm clear definitions of the various terminologies and
expenditure categories used in the resource allocation process,
to ensure a consistent and systematic translation of the adopted
principles into operational practice.
Shoalhaven City Council – Resourcing Strategy Page 11