The District Council of Ceduna’s Annual Business Plan for 2016/2017 provides an overview of the services, programs and strategic projects Council plans to deliver to the Community in 2016/2017.
The Annual Business Plan has been prepared on the basis of Council improving its long term financial capacity for the provision of a sustainable level of both statutory and discretionary services to the Community, whilst pursuing the key goals in Council’s Strategic Plan. The services provided by Council reflect both its obligations under a range of legislation and the Community’s expressed desire for specific services, facilities and infrastructure.
Council’s challenge in framing its Annual Business Plan is to achieve these outcomes without presenting an unrealistic rate burden on the Community. In addition, planning for any new Community assets must consider Council’s long term obligations to fund the ongoing maintenance and operation of the new assets in future years.
In developing the 2016/2017 Annual Business Plan, Council has given particular attention to the economic circumstances prevailing in the various sectors of our community.
In the context of these circumstances, Council plans to increase total General Rate Revenue by 3.0%, relative to General Rate Revenue in 2015/2016. The 3% increase comprises a 0.7% increase based on March 2016 Quarter Adelaide Consumer Price Index (CPI), and an additional 2.3% consistent with Council’s Long Term Financial Plan to assist Council to improve its long term financial viability under increasing cost pressures.
Council will continue to utilise Differential Rates (rates in the dollar) applied to the site value of the land, for defined townships, rural and industrial locations with Council, in conjunction with a Fixed Charge, to achieve its General Rate Revenue for 2016/2017.
Council will also apply a General Rate Cap of 13% to eligible assessments, to provide reasonable relief from significant valuation increases resulting in large increases in General Rates Payable in 2016/2017, relative to 2015/2016. Council will also apply a General Rate Cap of 5% to eligible pensioners, to provide reasonable relief against what would otherwise constitute a liability that is unreasonable, relative to 2015/2016.
Key elements of the 2016/2017 Annual Business Plan include –
- $281,625 Operating Deficit (before Capital Amounts), resulting from Total Operating Revenues of $9.378 Million and Total Operating Expenses of $9.660 Million
- 3% increase in total General Rate Revenue.
- 13% General Rate Cap and 5% Pensioner Rate Cap for eligible assessments.
- $2.197 Million in Capital Expenditure for the refurbishment of existing assets.
- $10.721 Million in Capital Expenditure for the construction or purchase of new assets.
- $7.816 Million in Capital Grants or Contributions for Council Capital Projects
- $3.328 Million in New Borrowings for Council Capital Projects
- Statutory Review of Council’s Development Plan
- Completion of Smoky Bay Coastal Protection Plan