Cardinia Shire Council - Annual Report 2017-18
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<strong>Cardinia</strong> <strong>Shire</strong> <strong>Council</strong><br />
<strong>2017</strong>/20<strong>18</strong> Financial <strong>Report</strong><br />
Note 1 Performance against budget (cont'd)<br />
1.2 Capital works<br />
Notes to the Financial <strong>Report</strong><br />
For the Year Ended 30 June 20<strong>18</strong><br />
Budget Actual Variance<br />
20<strong>18</strong> 20<strong>18</strong> 20<strong>18</strong><br />
$'000 $'000 $'000 Ref<br />
Property<br />
Land 2,000 6,445 4,445 1<br />
Total Land 2,000 6,445 4,445<br />
Buildings<br />
Buildings 1,413 5,726 4,313<br />
Building improvements - 76 76<br />
Leasehold improvements - 3,753 3,753<br />
Total Buildings 1,413 9,555 8,142 2<br />
Total Property 3,413 16,000 12,587<br />
Plant and Equipment<br />
Plant, machinery and equipment 2,070 1,752 (3<strong>18</strong>) 3<br />
Computers and telecommunications 410 245 (165) 4<br />
Intangible assets - 161 161 5<br />
Total Plant and Equipment 2,480 2,158 (322)<br />
Infrastructure<br />
Roads 4,900 6,026 1,126 6<br />
Bridges 700 383 (317) 7<br />
Footpaths and cycleways 2,375 3,064 689 8<br />
Drainage 400 650 250 9<br />
Recreational, leisure and community facilities 22,393 11,927 (10,466) 10<br />
Parks, open space and streetscapes 7,595 - (7,595) 11<br />
Off street car parks 88 292 204 12<br />
Other infrastructure 520 11 (509) 13<br />
Total Infrastructure 38,971 22,353 (16,6<strong>18</strong>)<br />
Total Capital Works Expenditure 44,864 40,511 (4,353)<br />
Represented by:<br />
New asset expenditure 21,491 26,488 4,997 14<br />
Asset renewal expenditure 11,457 9,919 (1,538) 15<br />
Asset upgrade expenditure 11,916 4,104 (7,812) 16<br />
Total Capital Works Expenditure 44,864 40,511 (4,353)<br />
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