Supporting Document - Attachment 2 - Summary Dashboards - IPART

ATTACHMENT 2
ASSET SUMMARY
The Dashboards show for each asset type by service:
1. What is affordable from the Long Term Financial Plan including a two stage special rate variation as set out in the Long Term Financial Plan ( see Fig. 1
Projected available revenue)
2. The difference between the cost to maintain current service levels and the available funds as per the Financial Plan (see Fig. 1)
3. The value of each asset type as a percentage of total asset value (see Fig. 2)
4. Projected service levels for built assets based on available revenue if the Council’s 6 point financial strategies were:
Not implemented (i.e. “Business As Usual” but without the continuation of the annual borrowings of $2.3m), or
Implemented, including the two stage special rate variation (see Fig 3)
5.The risks associated with achieving affordable levels of service and how they will be managed.
Notes:
All figures within these dashboards include inflation—the figures shown in the Asset Management Strategy and Plans do not.
These do not include Fleet and IT.
Fig. 1
PROJECTED EXPENDITURE & BUDGET AS PER FINANCIAL PLAN
Projected available revenue
Projected expenditure required to
maintain current levels of service
Note: Figures above do not include
additional operating costs that are
expected to be 1.5% more
5