Council Services The following provides an overview of 2016-2017expenditure on the diverse range of Council’s services provided to residents. Gross Expenditure on Council Services - $319.0 million (Prior year $307.9 million) Prior Year 2016-2017 $M $M Strategy and Performance / Chief Executive 48.7 51.7 City Services 118.9 122.7 Community Life 89.1 90.9 Investments & Attractions 28.7 30.4 Planning and Development 22.5 23.3 Infrastructure Maintenance The 2016-2017 Budget continues the trend of increasing expenditure for infrastructure maintenance in recognition of the need to address ageing infrastructure. Council’s 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 Budget Budget Budget Budget Budget Budget $M $M $M $M $M $M Parks and road 32.3 34.9 37.2 38.6 40.3 40.8 maintenance Road and footpath 14.8 16.9 17.2 18.3 21.2 24.2 renewal Building maintenance 3.6 4.3 3.9 4.6 6.0 6.2 Recreation infrastructure 2.3 2.7 2.6 2.6 3.1 3.1 Community development 0.4 0.3 0.3 0.3 0.3 0.3 Total 53.4 59.1 61.2 64.4 70.9 74.6 Liquidity The 2016-2017 Budget has provision for new borrowings of $22.70 million plus deferred borrowings of $27.93 million from 2015-2016. New loans will be used to fund Leopold Community Hub, Drysdale Landfill Cell 5, Highton Enhanced Hendy Street Drysdale/Clifton Springs Sports Precinct, Hendy St Children’s Hub, Children’s Hub, Reserve Redevelopment, Armstrong Creek Projects and Elcho Channel SRC. 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 Actual Actual Actual Projection Budget Budget
Council Services The following provides an overview of Council’s 2016-2017expenditure on the diverse range of services provided to residents. Gross Expenditure on Council Services - $319.0 million (Prior year $307.9 million) Prior Year $M 2016-2017 $M Strategy and Performance / Chief Executive 48.7 51.7 City Services 118.9 122.7 Community Life 89.1 90.9 Investments & Attractions 28.7 30.4 Planning and Development 22.5 23.3 Infrastructure Maintenance The 2016-2017 Budget continues the trend of increasing expenditure for infrastructure maintenance in recognition of the need to address Council’s ageing infrastructure. 2011-2012 Budget $M 2012-2013 Budget $M 2013-2014 Budget $M 2014-2015 Budget $M 2015-2016 Budget $M 2016-2017 Budget $M Parks and road maintenance 32.3 34.9 37.2 38.6 40.3 40.8 Road and footpath renewal 14.8 16.9 17.2 18.3 21.2 24.2 Building maintenance 3.6 4.3 3.9 4.6 6.0 6.2 Recreation infrastructure 2.3 2.7 2.6 2.6 3.1 3.1 Community development 0.4 0.3 0.3 0.3 0.3 0.3 Total 53.4 59.1 61.2 64.4 70.9 74.6 Liquidity The 2016-2017 Budget has provision for new borrowings of $22.70 million plus deferred borrowings of $27.93 million from 2015-2016. New loans will be used to fund Leopold Community Hub, Drysdale Landfill Cell 5, Highton Enhanced Children’s Hub, Hendy Street Children’s Hub, Drysdale/Clifton Springs Sports Precinct, Hendy St Reserve Redevelopment, Armstrong Creek Projects and Elcho Channel SRC. 2011-2012 Actual 2012-2013 Actual 2013-2014 Actual 2014-2015 Projection 2015-2016 Budget 2016-2017 Budget