Presentation on theme: "Pittwater 2025 2013-17 Delivery Program & Budget May 2013."— Presentation transcript:
Pittwater Delivery Program & Budget May 2013
Council Vision To be a vibrant sustainable community of connected villages inspired by bush, beach & water
Strategic Framework Resourcing strategy 10 years Resourcing strategy 10 years Annual Report (includes SoE) Annual Report (includes SoE) Operational Plan Delivery Program 4 years Delivery Program 4 years Community Strategic Plan 10 years+ Community Strategic Plan 10 years+ Perpetual monitoring and review
Draft Pittwater 2025 Our Community Strategic Plan
Delivery Program Introduction Overview Financials Delivery Program – Actions Capital Improvement Program Statement of Fees & Charges
Changes to CSP Vision remains same 5 Key Directions remain same Rationalisation of number of strategies –Reduced duplication –Feedback over 4 years plus community engagement Strategies –Updated Objectives –Strategic Initiatives now belong in Delivery Program –Added Challenges & Opportunities Review of indicators
Engagement Outcomes Updated Objectives –Prioritisation at Community Workshops & Online –Reference Group Workshop –Manager Workshop –Councillor finalisation Identified Challenges & Opportunities –Community Workshops –Youth workshops –Online comments – / Letters List of actions for consideration in Delivery Planning Process
Engaging the Community Telephone Survey = 400 Online comments = 109 Community Forums = 130 Youth Workshops = 10 Reference Group = 15 Councillor Workshop = 8 Online Discussion = 8 = 18 Letters = 3 Community Workshop= 30 TOTAL= 731
Draft Delivery Program & Budget
Budget – Planning Relationship As a part of the 2013/14 Budget process, financial information that relates to Council’s Delivery Program is utilised to produce next years budget estimates and longer term financial projections: –Known income and expenditure, balance sheet and cashflow information –Projected income and expenditure, balance sheet and cashflow information based on the Delivery Program, historical patterns and estimated future financial information –Sensitivity analysis (assumptions and scenarios that most likely affect Council) –Financial modelling for different scenarios (Loans, Developer Contributions, LTFP) Budget relationship to Council’s Delivery Program is as follows:
TCorp – Financial Sustainability Ratings NSW Treasury’s (TCorp) recent Financial Sustainability Report has seen Pittwater Council rated one of the top 30 Council’s for financial sustainability in NSW with ratings of: –FSR Current – Sound (Scale as seen above) –FSR Outlook – Neutral (indicating continuing Sound position) In discussions with TCorp, these results reflects Pittwater’s positive operating results, sound delivery of services and Infrastructure, continued financial sustainability and overall effective corporate management.
2013/14 Budget Estimates
Projected Operating and Consolidated Budgeted Results For the Next 4 Years
2013/14 Budget – Major Works Program Funding
2013/14 Budget – Major Works Program Capital
Building Infrastructure Renewal Ratios
2013/14 Budget - Major Works Program
Rating Valuations In 2012 the Valuer General released the latest land values for Pittwater. As outlined below the variations of each suburb are shown.
Rating Valuations Based on the movements in Land Values in conjunction with Pittwater’s permissible rate increase of 5.9% for 2013/14, the average change in rates to be paid by suburb is shown below.
Where to From Here May – Public Exhibition & Meeting 31 May for both CSP & Delivery Program Notes from public meeting to be posted to current consultation project page Early June – Collation of all submissions 17 June – Final documents to Council