Annual Report 2005/2006 - Port Augusta - SA.Gov.au

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CITY OF PORT AUGUSTA NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30 JUNE, 2006 Building & Other Structures Buildings – masonry Buildings – other construction Park Structures – masonry Park Structures – other construction Playground equipment Benches, seats, etc Infrastructure Sealed Roads – Surface Sealed Roads – Structure Unsealed Roads Bridges – Concrete Paving & Footpaths, Kerb & Gutter Drains Culverts Flood Control Structures Bores Reticulation Pipes – PVC70 Reticulation Pipes – other25 Pumps & Telemetry Other Assets Library Books Artworks 50 to 100 years 20 to 40 years 50 to 100 years 20 to 40 years 5 to 15 years 10 to 20 years 15 to 25 years 20 to 50 years 10 to 20 years 80 to 100 years 80 to 100 years 80 to 100 years 50 to 75 years 80 to 100 years 20 to 40 years to 80 years to 75 years 15 to 25 years 10 to 15 years indefinite 1.6.6 Impairment Assets that have an indefinite useful life are not subject to depreciation and are reviewed annually for impairment. Assets that are subject to depreciation are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the asset’s carrying amount exceeds its recoverable amount (which is the higher of the present value of future cash outflows or value in use). For assets whose future economic benefits are not dependent on the ability to generate cash flows, and where the future economic benefits would be replaced if Council were deprived thereof, the value in use is the depreciated replacement cost. In assessing impairment for these assets, a rebuttable assumption is made that the current replacement cost exceeds the original cost of acquisition. 1.7 Payables 1.7.1 Goods & Services Creditors are amounts due to external parties for the supply of goods and services and are recognised as liabilities when the goods and services are received. Creditors are normally paid 30 days after the month of invoice. No interest is payable on these amounts. - 49 -
CITY OF PORT AUGUSTA NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30 JUNE, 2006 1.7.2 Payments Received in Advance & Deposits Amounts received from external parties in advance of service delivery, and security deposits held against possible damage to Council assets, are recognised as liabilities until the service is delivered or damage reinstated, or the amount is refunded as the case may be. 1.8 Borrowings Loans are carried at their principal amounts which represent the present value of future cash flows associated with servicing the debt. Interest is accrued over the period to which it relates, and is recorded as part of “Payables”. 1.9 Employee Benefits 1.9.1 Salaries, Wages & Compensated Absences Liabilities for employees’ entitlements to salaries, wages and compensated absences expected to be paid or settled within 12 months of reporting date are accrued at nominal amounts (including payroll based on-costs) measured in accordance with AASB 119. Liabilities for employee benefits not expected to be paid or settled within 12 months are accrued at nominal amounts (including payroll based on-costs) measured in accordance with AASB 119. No accrual is made for sick leave as Council experience indicates that, on average, sick leave taken in each reporting period is less than the entitlement accruing in that period, and this experience is expected to recur in future reporting periods. Council does not make payment for untaken sick leave. 1.9.2 Superannuation The Council makes employer superannuation contributions in respect of its employees to the Local Government Superannuation Scheme. The Scheme has two types of membership, each of which is funded differently. Accumulation Fund Members The accumulation fund receives both employer and employee contributions on a progressive basis. Employer contributions are normally based on a fixed percentage of employee earnings in accordance with Superannuation Guarantee Legislation (9% in 2005/06; 9% in 2004/05). No further liability accrues to the employer as the superannuation benefits accruing to employees are represented by their share of the net assets of the Fund. Defined Benefit Members Council makes employer contributions to the defined benefits categories of the Scheme at rates determined by the Scheme’s Trustee. Employees also make member contributions to the Fund. As such, assets accumulate in the Fund to meet the member’s benefits, as defined in the Trust Deed, as they accrue. - 50 -
Page 2 and 3: The Port Augusta City Council is ha
Page 4 and 5: A harmonious, unique, vibrant commu
Page 6 and 7: Section Six: Community Acknowledgem
Page 8 and 9: Mayor & City Manager’s Report Ano
Page 10 and 11: 2.1 ELECTED MEMBER INFORMATION 2005
Page 12 and 13: 2.2 COUNCIL AND COMMITTEE STRUCTURE
Page 14 and 15: and Benefits will be available prio
Page 16 and 17: 2.7.2 Staffing overview as at the 3
Page 18 and 19: GOAL AREA 1: Community Development
Page 20 and 21: GOAL AREA 1: Community Development
Page 22 and 23: awareness of the network and possib
Page 24 and 25: These courses were Federally funded
Page 26 and 27: a) Flexible connection to the Publi
Page 28 and 29: with all their presentations in the
Page 30 and 31: Nominations were received from Port
Page 32 and 33: A Committee has been set up by the
Page 34 and 35: c) On-Line Retail Shop A new initia
Page 36 and 37: GOAL AREA 3: Economic Development S
Page 38 and 39: would then carry the name of the no
Page 40 and 41: GOAL AREA 4: Infrastructure & Resou
Page 42 and 43: CITY OF PORT AUGUSTA OPERATING STAT
Page 44 and 45: CITY OF PORT AUGUSTA STATEMENT OF C
Page 46 and 47: CITY OF PORT AUGUSTA NOTES TO AND F
Page 68 and 69: GOAL AREA 4: Infrastructure & Resou
Page 70 and 71: PERFORMANCE IN RELATION TO THE PROG
Page 72 and 73: VECTOR CONTROL 1. Mosquitoes 5 comp
Page 74 and 75: GOAL AREA 6: Organisational Effecti
Page 76 and 77: 1. 10 Year Service Employee Award G
Page 78 and 79: INFORMATION STATEMENT 4.1 DECISION
Page 80 and 81: 4.4 PUBLIC PARTICIPATION 4.4.1 Publ
Page 82 and 83: 4.6 COMMUNITY CONSULTATION Council
Page 84 and 85: Quality of Life Performance Index S
Page 86 and 87: Website www.portaugusta.sa.gov.au u
Page 88 and 89: Human Resource Manual 4.1.01 Statut
Page 90 and 91: s e c t i o n f i v e ARID - A Scul
Page 92 and 93: h) pensioner concessions i) unemplo
Page 94 and 95: 1.5 The Council conducts public con
Page 96 and 97: ) The support provided to the North
Page 98 and 99: 5.5.3 The minimum rate will affect
Page 100 and 101:
eceived late. A payment that contin
Page 102 and 103:
5.1 RATE REBATES The Local Governme
Page 104 and 105:
11) Nerrilda Nursing Home/AM Ramsay
Page 106 and 107:
The “Community” is the sole of
Page 108 and 109:
Sportsperson of the Month Incentive
Page 110 and 111:
Senior Citizens Club of Port August
Page 112:
Council also won the Local Governme
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Annual Report 2005/2006 - Port Augusta - SA.Gov.au

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