supporting documents to ipart application...supporting documents to ipart application page 34 of 58...

Parramatta City Council … Supporting Documents to IPART Application

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Supporting Documents to IPART Application

Parramatta City Council


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Table of Contents

Summary of Funding Info - Prioritised Projects 2011 - 15..................................... 3

Summary of Funding Info - Non-Prioritised (CORE) Projects 2011 - 15 ................. 8

Extract from Asset Management Plan for Infrastructure Assets for Parramata City Council .................................................................................. 20

Extract from Strategic Asset Management Plan for Parramatta City Council ..... 25

Council's Resolutions to adopt Delivery Program 2010-14........................................ 35

Council Resolution to adopt its Community Strategic Plan ......................................... 38

Economic Development Special Rate Planned Expenditure 2010-2021 ...................... 39

CBD Infrastructure Special Rate Planned Expenditure 2010-20l................................. 55

Certification by the General Manager and Responsible Accounting Officer .................. 59

ATTACHMENT 1: Summary of Funding Info – Prioritised Projects 2011 ‐ 15


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Summary - Prioritised Projects (Above Red Line)Year 2 Y

20011-15 by FundingsYear 1 ear 3 Year 4 Total

Funding Source Capital Capital Capital Capital Capital

General Revenue 975,000 850,000 675,000 75,000 2,575,000 Year 1 2011/12

Asset Replacement Reserve Year 2 2012/13

Special Rate 415,500 315,500 1,015,500 15,500 1,762,000 Year3 2013/14

Grants & Contributions 835,000 525,000 275,000 25,000 1,660,000 Year 4 2014/15

Section 94 373,000 210,000 405,000 90,000 1,078,000

Other Reserves 114,500 34,500 34,500 34,500 218,000

Regular Loans - - - -

Big 7 Loans

Total 2,713,000 1,935,000 2,405,000 240,000 7,293,000

ATTACHMENT 1: Summary of Funding Info – Prioritised Projects 2011 ‐ 15


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ATTACHMENT 2: Summary of Funding Info – Non‐Prioritised (CORE) Projects 2011 ‐ 15


Summary - Non Prioritised (CORE) Projects 2011-15 By PillarsYear 1 Year 2 Year 3 Year 4 Total Year 1 2011/12

Funding Source Capital Capital Capital Capital Capital Year 2 2012/13

Year3 2013/14

P100. COMMUNITY AND NEIGHBOURHOODS 2,983,786 3,093,461 3,153,331 3,253,398 12,483,977 Year 4 2014/15

P200. ECONOMY AND DEVELOPMENT 29,653,330 14,167,014 40,949,006 10,878,234 95,647,584

P300. ENVIRONMENT AND INFRASTRUCTURE 14,795,940 15,156,859 15,513,796 14,918,792 60,385,388

P400. GOVERNANCE AND CORPORATE 3,800,620 3,869,873 3,940,770 4,012,572 15,623,834

Total 51,233,676 36,287,207 63,556,903 33,062,997 184,140,783

Summary - Non Prioritised (CORE) Projects 2011-15 By FundingsYear 1 Year 2 Year 3 Year 4 Total

Funding Source Capital Capital Capital Capital Capital

General Revenue 2,267,329 2,290,675 2,314,489 1,338,779 8,211,272

Asset Replacement Reserve 3,863,204 4,132,664 4,909,785 5,386,306 18,291,960

Special Rate 4,211,543 4,093,445 4,679,998 4,320,693 17,305,679

Grants & Contributions 1,210,947 1,302,766 1,319,821 1,332,118 5,165,653

Section 94 2,097,000 1,869,225 1,862,000 1,910,000 7,738,225

Other Reserves 15,735,000 16,816,000 12,150,000 16,273,000 60,974,000

Regular Loans 3,648,653 3,452,431 2,800,810 2,502,101 12,403,995

Big 7 Loans 18,200,000 2,330,000 33,520,000 - 54,050,000

Total 51,233,676 36,287,207 63,556,903 33,062,997 184,140,783

OK

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ATTACHMENT 2: Summary of Funding Info – Non‐Prioritised (CORE) Projects 2011 ‐ 15


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ATTACHMENT 3: Extract from Asset Management for Infrastructure Assets for Parramatta City Council


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ATTACHMENT 4: Extract from Strategic Asset Management Plan for Parramatta City Council


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ATTACHMENT 5: Council Resolutions to adopt Delivery Program 2010‐14


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COUNCIL RESOLUTION TO ADOPT 2010/14 DELIVERY PROGRAM

15 JUNE 2010

Note: Additional resolution follows to include addendum to Delivery program

9.3 SUBJECT 2010/14 Delivery Program, 2010/11 Operational Plan, making of

2010/11 Rates and Annual Charges and 2010/11 Schedule of Fees

and Charges

REFERENCE F2009/02419 ‐ D01555815

REPORT OF Manager Finance

MOTION (Lim/Bide)

(a) That subject to the Minister for Local Government approving Council’s application for a special variation to general income, Council adopt the 2010/14 Delivery Program and 2010/11 Operational Plan (Attachment 1) which includes the 2010/11 Schedule of Fees and Charges (Attachment 2) and note the $1.7 million amendment to the 2010/11 Budget relating to the early receipt of the first instalment of the Financial Assistance Grant and the other amendments to the exhibited documents as detailed in this report.

(b) That subject to the Minister for Local Government approving Council’s application for a special variation to general income, Council approve the income, expenditure and reserves transfers shown in the 2010/11 Operational Plan for the year commencing 1 July 2010 and vote the necessary funds.

(c) That subject to the Minister for Local Government approving Council’s application for a special variation to general income, Council make the Rates and Charges for the 2010/11 rating year using Land Values with a valuation base date of 1 July 2007 as detailed in Attachment 3.

(d) That Council in accordance with Section 566 of the Local Government Act, 1993 set the interest rate in 2010/11 for overdue rates and charges at the maximum rate as determined by the Minister for Local Government.

(e) Further, that Council provide in 2010/11 a $100 Voluntary Rate Rebate for

eligible pensioners in accordance with Section 582 of the Local Government

Act, 1993, and Council’s Voluntary Pensioner Rate Rebate Policy, in addition to

the mandatory eligible pensioner rebate under Section 575 of the Local

Government Act, 1993.

AMENDMENT (Barber/Finn)



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1

(a) That subject to the Minister for Local Government approving Council’s

application for a special variation to general income, Council adopt the

2010/14 Delivery Program and 2010/11 Operational Plan (Attachment 1)

which includes the 2010/11 Schedule of Fees and Charges (Attachment 2) and

note the $1.7 million amendment to the 2010/11 Budget relating to the early

receipt of the first instalment of the Financial Assistance Grant and the other

amendments to the exhibited documents as detailed in this report subject to

the adjustment of Child Care fees as follows:‐

Monday and Friday ‐ $68 per day.

Tuesday, Wednesday and Thursday ‐ $70 per day.

(b) That subject to the Minister for Local Government approving Council’s application for a special variation to general income, Council approve the income, expenditure and reserves transfers shown in the 2010/11 Operational Plan for the year commencing 1 July 2010 and vote the necessary funds.

(c) That subject to the Minister for Local Government approving Council’s application for a special variation to general income, Council make the Rates and Charges for the 2010/11 rating year using Land Values with a valuation base date of 1 July 2007 as detailed in Attachment 3.

(d) That Council in accordance with Section 566 of the Local Government Act, 1993 set the interest rate in 2010/11 for overdue rates and charges at the maximum rate as determined by the Minister for Local Government.

(e) Further, that Council provide in 2010/11 a $100 Voluntary Rate Rebate for

eligible pensioners in accordance with Section 582 of the Local Government

Act, 1993, and Council’s Voluntary Pensioner Rate Rebate Policy, in addition to

the mandatory eligible pensioner rebate under Section 575 of the Local

Government Act, 1993.

The amendment was put and carried and on being put as the motion was again

carried.



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COUNCIL RESOLUTION TO ADOPT ADDENDUM TO 2010/14 DELIVERY PROGRAM

23 AUGUST 2010

11.2 SUBJECT 2010/14 Delivery Program

REFERENCE F2009/02419 ‐ D01606708

REPORT OF Manager Finance

RESOLVED (Issa OAM/Esber)

2

That Council notes the Minister for Local Government’s decision regarding Council’s

application for a special variation to general income and confirm the adoption of the

2010/14 Delivery Program with the addendum as contained within this report.

ADDENDUM TO DELIVERY PROGRAM 2010/14

The overriding financial strategy within Council’s Delivery Program is to achieve financial sustainability by

balancing the budget within five years. To achieve this objective Council determined that it would require a

combination of cost savings, improved service delivery methods, the development of additional revenue

opportunities and some modest rate increases in addition to normal rate pegging.

After an extensive consultation process with the community, Council sought the Minister for Local Government’s

approval of special rate variations, in addition to rate pegging, for the years 2010/11 to 2013/14. These

additional increases were 2% in 2010/11 and 1% in the years 2011/12 to 2013/14 plus the continuation of a

special rates variation that had been in place for 10 years to support CBD infrastructure and economic

development.

The Minister did not approve Council’s application in full. The approval for 2010/11 increase was in line with

Council’s financial plan, however the Minister did not approve the increases sought for 2011/12 to 2013/14. In

addition the approval for 2010/11 would lapse at the end of 3 years and not be ongoing as requested by Council.

The Minister’s decision has a significant impact on Council’s financial strategy and will prevent the achievement

of the balanced budget within 5 years as contained in the Delivery Program. It is Council’s intention to maintain

the financial strategy as set out in the Delivery Program so that it can deliver the services and asset management

requirements that are contained in the Program. The Minister has acknowledged the financial challenges facing

the Council but has declined to re‐visit her decision for 2010/11. It is Council’s intention therefore to submit an

application for a special rates variation commencing 2011/12 to enable it to achieve the financial objectives set

out in the Delivery Program. This application will be consistent with the application previously submitted.

ATTACHMENT 6: Council Resolution to adopt its Community Strategic Plan


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COUNCIL RESOLUTION TO ADOPT ITS COMMUNITY STRATEGIC PLAN

14 DECEMBER 2009

13.6 SUBJECT Integrated Planning and Reporting Legislation

REFERENCE F2008/05050 ‐ D01397707

REPORT OF Place Manager

RECOMMENDATION

(a) That Council nominates to be part of group 1 to have its Community Strategic

Plan and Delivery Program adopted by 30 June 2010.

(b) Further, that Council endorses Parramatta Twenty25 as the Community

Strategic Plan to meet the new requirements and will commence a review of

the plan in 2012 in accordance with the Act.

NOTE: This matter was adopted under Minute No 11205 – Council Matters To Be Adopted Without Discussion.

ATTACHMENT 7: Economic Development Special Rate Planned Expenditure 2010‐2021


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Economic Development Special Rate Planned expenditure 2010-2021

Aim

Increase the quantity and quality of employment available in the Parramatta CBD and surrounding employment lands.

Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

AMOUNT FORECAST IN PARRAMATTA COUNCIL’S LONG TERM FINANCIAL PLAN

$624,000

$651,000

$679,000

$708,000

$732,000

$756,000

$781,000

$807,000

$833,000

$861,000

$889,000

BREAKDOWN BY OBJECTIVE:

$90,000 $175,000 $115,000 $170,000 $125,000 $105,000 $200,000 $210,000 $210,000 $210,000 $210,000



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Aim


Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

Business Attraction / Industry Development



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Aim


Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

As Sydney’s second CBD, Parramatta is required to provide jobs closer to the homes of people in Sydney’s west (NSW Metropolitan Plan 2036). Jobs growth in Parramatta has traditionally derived from the relocation and expansion of govt agencies, and some large corporate back offices.

Business Attraction:

In the next ten years Parramatta will need to deepen and diversify its employment mix and accelerate jobs growth. Attracting new private sector tenants into particular industries is therefore a priority for expenditure of the economic development special rate..

The rate allows Council to research and target industries most likely to need and want a western Sydney presence in the coming decades. It allows Parramatta to market the benefits of relocation to key corporate decision-makers based primarily in the Sydney CBD and to assist their relocation efforts when they occur.

Industry Development:

Jobs will also come from the expansion of existing small, medium and large firms in particular industries: finance/insurance, professional/scientific/technical, legal, biomedical, media/ telecomms, IT, property, education and advanced manufacturing. The CBD, Westmead and Rydalmere are the primary focus for industry development, which is in line with the priorities of the state’s Metropolitan Plan 2036. They are also the areas levied for the special rate.

Council can assist these businesses grow and innovate; connect them with new clients, suppliers, awards programs and funding streams available through Council or the state government, put them in touch with various business advisory services, and introduce them to tertiary/training facilities available in the region. Making business aware of the variety of climate adaptation programs



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Aim


Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

Business/Investment Attraction Program (currently draft, to be released early 2011)

$100,000 $100,000 $100,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000

Rydalmere tenant attraction program

$50,000 $50,000 $50,000 $50,000 $50,000

Leisure sector business attraction + seed funding

$10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000

Promotion of Western Syd Employ Fund (I&I NSW)

$5,000 $5,000 $5,000

Rydalmere land use studies + masterplanning

$90,000 $50,000

Rydalmere future industry feasibility analysis

$10,000 $20,000

Rydalmere cluster funding $20,000 $20,000 $20,000 $20,000 $20,000

Westmead biomedical industry development

$25,000 $25,000 $25,000

Small cafs+bars startup fund (lane activation)

$30,000 $30,000 $30,000

Small business innovation program tba $20,000 $20,000 $20,000 $20,000 $20,000

Social enterprise scheme tba $20,000 $20,000 $20,000 $20,000 $20,000



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Aim


Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

Planning transition non-core employment lands

tba tba tba $20,000 $20,000 $20,000 $20,000 $20,000

DEECW green economy programs (partnership)

tba tba tba $20,000 $20,000 $20,000 $20,000 $20,000

Workforce + Skills

$0 $40,000 $30,000 $10,000 $105,000 $125,000 $20,000 $20,000 $110,000 $90,000 $20,000

Businesses are attracted to Parramatta because of the availability of skilled staff. With skill shortages certain to feature in the next 10 years Parramatta will need to ensure the local tertiary sector is producing graduates that suit the needs of industry.

The levy allows Council to work closely with UWS and TAFE and inform their curriculum-settings, attract more tertiary training institutions into the area, give professionals reason to see Parramatta as a place to build a career and address the under-utilisation of skills in the workforce (culturally diverse groups, women, unemployed persons).

Establishment of West Syd tertiary steering group

$10,000 $10,000 $10,000

Skill mapping $40,000



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Aim


Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

Market matching tertiary offering and demand

$40,000

Attraction of new education and training faculties

$40,000 $40,000

Graduate retention program (partnership)

$20,000 $30,000

Partner programs for upgrade of labour force skills

$25,000 $25,000

Targetting of under-utilised under-recognised skills

$20,000 $20,000 $20,000 $20,000 $20,000

Upgrade of MyNewWorkCity website

$20,000 $60,000

Collateral, careers expos, campaigns as required

$20,000 $30,000 $30,000 $30,000

Property + Built Form

$0 $25,000 $85,000 $45,000 $30,000 $50,000 $10,000 $10,000 $40,000 $10,000 $10,000



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Aim


Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

Parramatta’s 2007 LEP provides for substantial uplift in the size and scale of the city. The business attraction plan referred to above is designed to drive demand from business for A-grade, 5-star commercial office space in the Parramatta CBD. Increased demand will activate the property market and see new buildings added to Parramatta’s skyline.

Activity on the supply side (land use planning, DA assessment, property development) is therefore required to ensure the city is able to respond to demand. Parramatta needs to drive investment for the renewal of ageing sites and precincts nearing the end of their economic life, help ‘green’ the built form of the city, protect the commercial core from residential encroachment, reward design-forward development and deliver strategically important sites such as Civic Place, the riverbank activation project and the carpark redevelopments. The levy helps Council incorporate economic feasibility and market feedback into its land use, urban design, asset management, and development assessment efforts so that best-practise urban development can occur in Parramatta over the next 10 years.

Engagement of owners/investors/developers/lenders

$5,000 $20,000 $10,000 $10,000

Review LEP 2007: core, design comps, concessions

$15,000 $15,000

Investment tours (domestic/international capital)

$30,000 $30,000 $30,000

Admin of Green Building Loans/PCC Rates scheme

$20,000 $20,000 $20,000 $20,000 $20,000 $10,000 $10,000

Contribution to employee focussed S-94 projects

tbc tbc tbc tbc tbc tbc tbc

Partnering on DECCW NABERS programs

tbc tbc tbc tbc $10,000 $10,000 $10,000



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Aim


Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

Prospectus/subsidy package - redevelopment sites

tbc

Contribution to enhancements of the public domain

tbc tbc tbc tbc tbc tbc tbc

City Culture + Liveability

$55,000 $60,000 $95,000 $60,000 $105,000 $60,000 $105,000 $90,000 $135,000 $90,000 $100,000

Parramatta’s role as a major city is to make services, leisure, cultural and entertainment options available to the city’s main user groups: weekday workers and weekend friend/family groups (24/7 economic cycle).

Creating a safe, vibrant and distinctive city culture offering all these elements makes the city more attractive to young professional knowledge workers and this drives growth in higher order employment. The extension of the Global Arc to now include Parramatta and UWS (Metropolitan Plan 2036) recognises the importance of such a goal.

The levy allows Council to supplement its already substantial financial commitment to arts, culture and entertainment, and to increase jobs by attracting more workers, businesses and visitors to the city.



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Aim


Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

Leisure Sector Development Officer (staff) (50%)

$0 $60,000 $60,000 $60,000 $60,000 $60,000 $70,000 $70,000 $70,000 $70,000 $70,000

SuperCross sponsorship 2010 only $20,000

Support for major cultural events + conferences

$25,000 $25,000 $25,000 $25,000 $25,000

Support for headline arts projects (PopUp P’matta)

$10,000 $10,000 $10,000 $10,000 $10,000

Contribution to Safer Cities and mall improvement

tba tba tba tba tba tba $20,000 $20,000 $20,000 $20,000

Contribution to research into policy affecting small business eg Smoking bans Church St

$10,000 $10,000 $10,000

Infrastructure

$0 $0 $0 $50,000 $25,000 $65,000 $40,000 $25,000 $25,000 $50,000 $0



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Aim


Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

Parramatta is located in the geographic centre of Sydney, hence it has the advantage of being accessible to almost all parts of the Sydney metropolitan area and has the potential to act as a major transport and communications interchange connecting major population centres with jobs across Sydney.

It is currently constrained by a lack of government commitment to integrated transport and other infrastructure planning that would ordinarily capitalise on Parramatta’s geographic advantages.

The levy allows Parramatta to participate in the debate about government investment in infrastructure for western Sydney in an informed and constructive way, and to offer new perspectives on the growth of Sydney.

Consultancy fund for research as required

$25,000 $25,000 $25,000 $25,000

Lobbying (consultn, online/pr/campaigning, pre-election)

$25,000 $25,000 $25,000 $25,000

Parra-Connect ‘Smart City’ applications

$40,000 $40,000

Brand + Comms + Media $250,000 $255,000 $140,000 $130,000 $215,000 $130,000 $215,000 $130,000 $215,000 $130,000 $215,000



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Aim


Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

There is a need to develop a strong branding proposition for Parramatta; one that captures both the commercial and cultural aspects of the city’s identity, it’s status as a CBD, and its relationship to the rest of Sydney. This work has already commenced.

A concerted and sustained media campaign is needed to raise Parramatta’s profile as a skilled, central, diverse and future-looking city, particularly with the mainstream business press. There is also a need to position western Sydney’s as a thriving economic zone. Western Sydney’s commercial clout is currently obscured by the persistent focus by the press on social issues.

Private sector expertise is needed for this task and the levy makes this achievable.

City Mktg Officer (part-time) $90,000 $30,000

Publish Dining Guide/Discover Parramatta Website

$160,000 $50,000 $50,000 $40,000 $40,000 $40,000 $40,000 $40,000 $40,000 $40,000 $40,000

Media strategist (part-time, senior role)

$60,000 $60,000 $60,000 $60,000 $60,000 $60,000 $60,000 $60,000 $60,000 $60,000

Press features AFR, SMH $60,000 $60,000 $60,000 $60,000 $60,000

Business media engagement famils/fnctns/briefings

$25,000 $25,000 $25,000 $25,000 $25,000



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Aim


Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

Monthly Parramatta Bus Access Content

$25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000 $25,000

GWP content $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000

Regional Leadership + Advocacy + Governance

$143,000 $150,000 $150,000 $100,000 $100,000 $100,000 $100,000 $120,000 $120,000 $120,000 $120,000

Despite being one of Australia’s largest and fastest growing economies, Western Sydney does not yet possess comprehensive leadership networks. Nor is there a clear commitment to regional development in the west. Parramatta, as the link between western Sydney and global Sydney, has a role to play in this area. The levy allows the city to engage the services of professional governmental advisors like Christopher Brown, support regional business institutions, networks and Chambers, and meaningfully engage with the business communities located in a 360 degree arc around Parramatta. It allows Parramatta to take a leadership role in voicing the concerns of the western areas of Sydney.

Chairman appointment (Christopher Brown)

$50,000 $50,000 $50,000

Forum 8 March 2011 $50,000



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Aim


Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

High level advocacy + additional workshops/forums

$50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000

Chamber of Commerce sponsorship $20,000

Western Syd Bus Connection sponsorship

$15,000

Asia Business Connection sponsorship

$8,000

Formal Partners/Sponsors Fund (open to all inc Chambers, WSBC, BASI, Syd Women’s Network)

$30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000

Industry consultation (Lord Mayor forums)

$20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000

Regional engagement $20,000 $20,000 $20,000 $20,000

Western Sydney Regional Economics Study (UWS)

tba

Other emergent opportunities tba

$24,000 $120,000 $160,000 $90,000 $30,000 $50,000 $150,000 $175,000 $30,000 $70,000 $30,000



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Aim


Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

Research

To be successful Parramatta’s economic development strategy needs to be underwritten by sound data and analytics. The levy gives Council a way of establishing baselines, monitoring the various markets (labour, property) and keeping abreast of changes in the social, economic and environmental spheres. Good research also helps Council construct logical business arguments for relocation, public and private investment and support for innovation.

Yearly subscriptions, purchase of data

$10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $10,000

Analysis of population census $10,000 $20,000 $10,000 $30,000

Commercial property audit Parramatta CBD

$50,000 $50,000

Repeat business confidence survey $50,000 $20,000 $20,000 $20,000

Qualitative research business tenants/staff

$60,000 $60,000 $60,000

Profiling of business target market $30,000 $35,000

Employment Lands Study $40,000 $40,000

Regular publishing of headline statistics

$14,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000



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Aim


Yr 01

2010/2011

Yr 02

2011/2012

Yr 03

2012/2013

Yr 04

2013/2014

Yr 05

2014/2015

Yr 06

2015/2016

Yr 07

2016/2017

Yr 08

2017/2018

Yr 09

2018/2019

Yr 10

2019/2020

Yr 11

2020/2021

Monitoring of progress by electronic dashboard

Subtotal of committed funds $562,000 $835,000 $775,000 $655,000 $735,000 $685,000 $840,000 $780,000 $885,000 $770,000 $705,000

Levy forecast $624,000 $651,000 $679,000 $708,000 $732,000 $756,000 $781,000 $807,000 $833,000 $861,000 $889,000

Underspend Overspend Overspend Underspend Overspend Underspend Overspend Underspend Overspend Underspend Underspend

To/From Reserve (starting bal approx $240,000)

dep

$62,000

w/d $184,000

w/d

$96,000

dep

$53,000

w/d

$3,000

dep $71,000

w/d $59,000

dep $27,000

w/d $52,000

dep $91,000

dep

$184,000

NB Closing bal reserve approx $334,000 accrued in last 2 years of projection. Not committed at this point, allowing for some flexibility to respond to opportunities as yet unknown.

Note the above will be reviewed annually Minor variations between levy forecast and long term financial plan forecasts will be adjusted to expenditure proposals or reserve funds



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Successful submission to Dept Local Govt, Economic Development Special Rate.

Approved for FY’s ending 2011, 2012, 2013 as reflected in below excerpt from PCC Operational Plan 2010-2014.

Note FY 2013-2014 – rate not currently approved.

$000 2010/11 2011/12 2012/13 2013/14

*** Not currently approved by IPART

Tourism Development Officer 50 58 60 62

Economic development services 401 459 532 555

Rydalmere Technology Precinct 90 50 -- --

Economic Development Officer 84 86 89 91

$626,000 $653,000 $681,000 $704,000

ATTACHMENT 8: CBD Infrastructure Special Rate Planned Expenditure 2010‐20


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CBD Infrastructure Special Rate

Planned expenditure 2010‐20

CBD special rates are primarily focused on the upgrading of the amenity of the city. Funds primarily are used for the refreshment of the public domain and improving the

look, feel and perception of the city. This includes paving upgrades to footpaths, laneway and park upgrades and upgrades to areas such as the foreshore. It also includes

parallel programs such as the retail promotion during the opening of the Mall. Works also include heritage, retail assessments etc and design to ensure the high quality

and sensitivity of the planned works. The rate is used for a number of categories, Key strategic streets (i.e. George St), laneways, parks, river foreshore and gap fill

between previous works. The priorities for the CBD are reviewed annually as part of the budget process, usually following a review by Council with a subsequent Council

report. Consultation is undertaken with key stakeholders using Councils resident panel and round table meetings.

Key streets yet to be fully upgraded;

- Church St (1200m) - George St (1200m) - Smith St (400m) - Macquarie (2100m) - Marsden (1000m) - Phillip (400m)

At a current estimated market rate of $6,700 per m, the estimate is over $43m. This is beyond the $21m estimated from the levy in the next 10 years.

Council is currently preparing a more fine‐grained infill plan for “linking” areas of quality paving.

Council ensures the cost effectiveness of its projects in a number of ways. These include informal benchmarking and surveying of costs against other Councils in the

Sydney region. It also includes undertaking extensive feasibility of projects using past data from recent tenders and understanding current market rates and variables in

the market such as labour costs. An example of Council’s excellent record in ensuring value for money is the South St Granville project that, despite being a very large

project over 3 years, has come in within $1,000 of projected budget. This is from a combined budget of over $4m. Council used an independent assessment by a quantity

surveyor and current market prices to determine feasibility, and was able to ensure cost remained within budget. Council has also adopted a new project management

process that has increased transparency and accountability to beyond industry best practice.



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Proposed upgrades are as follows (subject to Council approval).

Year $000 Project Location Project Location Project Location Project Location

2010/11 1,770 Paving

upgrade Church St North (3 locations)

Upgrade of laneway

Red Cow lane Upgrade Park Jubilee Park River Foreshore upgrades

Parramatta

River

2011/12

1,846 Paving upgrade (including infill)

Darcy, Smith & Marsden Sts

($3.2 M*)

Upgrade of laneway

Barrack Lane

($316K)

Foreshore upgrade

Adjacent Charles St Wharf

($150K)

Major corner and public amenity upgrade

Corner Charles and George Sts

($180K)

20113

1,925 Paving upgrade, infill and footpath widening

Primarily

George St

($3.425M*)

Foreshore upgrade

Adjacent to new development David Jones building

($270K)

Laneway upgrade

Wentworth St ($150K)

Park upgrade Erby Place

(120K)

2013/14

2,008 Paving upgrade and infill and widening footpath

George St continued

($1.038M)

Paving and bridge upgrade

Lennox Bridge

($400k)

Laneway upgrade

Horwood Pl

($150k)

Paving upgrade Phillip St

($420k)

2014/15

2,074 Paving and widening footpath

George St continued

($1.050M)

Paving and bridge upgrade

Lennox Bridge

($400K)

Laneway upgrade

Erby Pl

($174K)

Foreshore upgrade

Parramatta River

($450K)



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2015/16 2,142 Paving and

widening footpath

Macquarie St Paving upgrade

Wentworth St Lane way upgrade

Freemasons lane

Foreshore upgrade

Parramatta River con’t

2016/17 2,213 Paving and

widening footpath

Macquarie St con’t

Paving upgrade

Church St north

Lane way upgrade

Freemasons lane

Foreshore upgrade


2017/18 2,286 Paving and

widening footpath

Macquarie St con’t

Paving upgrade

Church St north con’t

Paving upgrade

Argyle St Foreshore upgrade


2018/19 2,362 Paving and

widening footpath

Smith & Marsden Sts gap fill

Paving upgrade

Church St north con’t

Paving upgrade

Church St Market St Victoria Rd

Park upgrade Prince Alfred Park

2019/20

2,440 Paving and widening footpath

Church St (Darcy – Macquarie Sts)

Paving and widening footpath

Horwood Place Paving and widening footpath

Hunter and Market Sts

Park upgrade Prince Alfred Park con’t

21,066

*Funding to enable the reconfiguration of George and Macquarie Street from one way to two way is included as part of the paving upgrade, infill and footpath widening in

years 2011‐13. Reserve funding from the CBD Special rate and other sources of funding such as developer contributions will fund the difference. This work has been

scheduled for some time but is contingent on final advice and approval from the RTA.

Note that funding from other sources such as developer agreements and levies will be used to supplement the $18m deficit.

The above will be reviewed annually.

ATTACHMENT 9: Certification by the General Manager and the Responsible Accounting Officer


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