© ct management group pty ltd 2013 national local government infrastructure and asset management...
TRANSCRIPT
© CT Management Group Pty Ltd 2013
National Local Government Infrastructure and Asset Management Conference 2013
CASE STUDY
© CT Management Group Pty Ltd 2013
Wombat Shire Council
Context
Good relationship between Councillors and Exec Councillors respected by Community Community Satisfaction high but on the decline New Council wants to “Make its Mark” on the community Council Plan aspirational
Objective to remain sustainable over long term Community reluctant to accept high rate increases LTFP is principle financial planning document
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Current Years Budget
Last year efficiency savings and cost reductions
This year had to implement a 1.5% cut to all service funding to “Balance the Books”
LTFP shows Council is sustainable over the 10 year term but it has some weaknesses
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Forward Planning Weaknesses Council Plan aspirational
Limited Asset Management Plans
Asset renewal demand not fully funded
Operational Impact of new works not recognised
Casual link between Council Plan and LTFP
Reliance on external funding
Rates increase by CPI each year – Not enough
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Next Year
Chief Executive Officer Does not think economic situation will improve over next
12 months
Will consider options to help make the preparation of next years budget and LTFP easier
WHAT ADVICE CAN YOU PROVIDE
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Ian MannCT Management Group152 Little Malop StreetGeelong 3220
Mob: 0429 941 435Ph: 03 5221 2566Email:
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