3000 kb - Mid Western Regional Council - NSW Government
3000 kb - Mid Western Regional Council - NSW Government
3000 kb - Mid Western Regional Council - NSW Government
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Summary of Projected Financial Position<br />
Following Table presents the summary of projected financial position of <strong>Mid</strong>-<strong>Western</strong><br />
<strong>Regional</strong> <strong>Council</strong>’s sewer fund over the next 30 years at five-year intervals. The typical<br />
annual residential bill forecast for the same period is shown graphically below this Table.<br />
The values are all in 2006/07 dollars.<br />
Summary of Projected Financial Position<br />
2006/07 $ (000) 2006/07 2010/11 2015/16 2020/21 2025/26 2030/31 2035/36<br />
Estimated Total Revenue 3,482 3,929 4,335 4,580 4,881 5,238 5,666<br />
Estimated Total Expenditure 2,829 4,060 4,142 4,681 4,944 4,782 4,784<br />
Operating Surplus / (Deficit) 653 (131) 193 (100) (63) 456 883<br />
Acquisition of Assets 814 6,484 345 2,645 3,345 345 345<br />
Principal Loan Payments 53 376 474 662 923 457 486<br />
Borrowings Outstanding 909 11,896 9,104 11,580 11,042 5,874 2,876<br />
Cash and Investments 6,483 1,836 2,902 1,206 1,193 2,966 8,228<br />
Total Assets 25,537 40,663 39,361 43,383 43,996 41,112 41,614<br />
Total Liabilities 1,033 12,037 9,261 11,750 11,224 6,069 3,084<br />
Financial modelling has demonstrated that typical residential bills, measured in 2006/07<br />
dollars, have to be increased to $490 p.a. from the present (2007/08) level of $460 p.a.<br />
from year 2008/09 onwards throughout the plan period as major capital works are planned<br />
during the next five years. The financial model has considered that 25% of the total<br />
estimated cost of Mudgee STP augmentation work will be available as government<br />
subsidy.<br />
This level of charges is sufficient to maintain liquidity with a minimum of $ 1000,000 of<br />
cash in hand over the period. A graphical presentation of the typical bills forecast is shown<br />
below.<br />
Typical Residential Sewerage Bills<br />
500<br />
490<br />
490<br />
490<br />
490<br />
490<br />
490<br />
490<br />
480<br />
470<br />
460<br />
460<br />
450<br />
2006/07<br />
2007/08<br />
2008/09<br />
2009/10<br />
2010/11<br />
2011/12<br />
2012/13<br />
2013/14<br />
2014/15<br />
2015/16<br />
2016/17<br />
2017/18<br />
2018/19<br />
2019/20<br />
2020/21<br />
2021/22<br />
2022/23<br />
2023/24<br />
2024/25<br />
2025/26<br />
2026/27<br />
2027/28<br />
2028/29<br />
2029/30<br />
2030/31<br />
2031/32<br />
2032/33<br />
2033/34<br />
2034/35<br />
2035/36<br />
Real $<br />
Financial Year<br />
<strong>Mid</strong>-<strong>Western</strong> <strong>Regional</strong> <strong>Council</strong> Summary Page vii<br />
Strategic Business Plan for Sewerage
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