Annual Business Plan, Budget and Long Term Financial Plan

Annual Business Plan, Budget and Long Term Financial Plan 2018/19

The Annual Business Plan, Budget and Long Term Financial Plan 2018/19 sets out the proposed services, projects and works for 2018/19 in achieving our long-term goals and objectives captured in Council’s Strategic Management Plan 2017-2027.

Council is continuing to focus on improving community sporting and recreational facilities together with maintaining the standard of all of the community’s assets.

In 2018/19 Council is budgeting for $62 million in expenditure on delivering services as well as investing $25 million on capital works. This plan continues to drive efficiencies and financial savings with a proposed underlying operating surplus of $415,000.

The Long Term Financial Plan is incorporated in the Annual Business Plan and Budget 2018/2019. To view the document please click on the image below.

ABP & LTFP 2018/19 Cover

Copies of Previous Long Term Financial Plans can be accessed here.

New and Improved Services for the Community

The new and improved services with a one-off $2 million capital investment cost and an ongoing expenditure, of $285,000 include:

  • Way2Go Program
  • Hillview Reserve Public Toilets
  • Community Building Contributors
  • Implement Brownhill Keswick Creek
  • Half Footpath Construction Program
  • Fund My Neighbourhood Projects
  • Club Grants
  • Soldiers Memorial Gardens – Brown Hill Creek
  • CC Hood Reserve - Shelter

 Key achievements from 2018/19

  • Mitcham Memorial Library and surrounds redevelopment
  • St Marys Clubrooms upgrade
  • Increasing the footpath network
  • Community Public Art Grant
  • Annual Art Prize
  • Way2Go Program
  • Traffic Improvements in Brighton Parade, Watahuna Avenue, Waite Road, Winston Avenue, Pole Road      and Serpentine Road
  • Water Sensitive Urban Design
  • Leases and Licenses Review

Budget and Rates

In response to the current economic climate and to achieve our commitment to maintain and improve services to the community and maintain financial sustainability, homeowners will pay an average of 2.97% more in rates this financial year increasing the average residential rate by $49 from $1,655 to $1,704. A summary of costs contributing to the rate increase are provided below.

 

Percentage

Financial Savings

(1.16%)

Provision of existing services (including funding debt repayment in   approximately 27.7 years)

3.16%

Maintaining Existing Services

2.%

New and Improved Services

(including asset renewal backlog

0.56%

State Government cost shifting (eg Waste Levy)

0.41%

TOTAL

2.97%

Sources of Income

Rates income is the major source of funding for providing a range of essential everyday services to the community with $52.5 million (excluding NRM Levy) being raised from rates and $7.6 million from other sources as follows:

 

Where Income is Spent?

This year Council will have a net expenditure of $52.1 million delivering services, capital works and projects to the community as summarised below.

 

Investing in Community Assets, Service Enhancements and Projects

Council will be spending a total of $25 million on assets being $15 million on renewing existing assets and reducing backlog and a further $11 million will be spent on constructing or acquiring new assets and enhancing services.

Expenditure on community assets is summarised below:

Asset Category

Total

‘000

Bridges

897

Bus Shelters

22

Car Parks

157

Buildings & Land

2,425

Footpaths

2,270

IT Equipment

329

Mitcham Redevelopment

6,238

Office Furniture and Equipment

102

Parks, Gardens and Open Space

1,864

Plant and Equipment (incl Fleet)

1,410

Playgrounds

476

Retaining Walls

67

Roads

6,128

Sports Facilities

460

Sports Lighting

124

Stormwater and Drainage (incl Brownhill and   Keswick Creeks)

1,425

Traffic Control Devices

785

TOTAL

25,179

Operating Projects

Operating projects are one-off expenditures over one to two years maximum. They do not generate ongoing expenditure or the creation or replacement of assets and can include things such as feasibility studies, plans or one-off events.

Council endorsed the following projects totalling $400,000:

  • Infrastructure asset audit and revaluation
  • External audit of financial systems and processes
  • Living Well plan
  • Independent insurance review
  • City Image - year 1
  • Heritage Plans for two heritage listed buildings - tear 2
  • Urrbrae Wetlands desilting
  • Implementation of the Animal Management Plan
  • Council contribution to feasibility study of Western Bypass
  • Waite Street Reserve Landscape Concept Plan (re-budgeted)
  • Blackwood District Centre planning
  • Implementation of the Integrated Transport Plan
  • Trial Roll-Out of Free Food Organics Collection System

 

Rates Summary 2018/19

In formulating the planned rates for the financial year, we took into consideration our economic environment, the supply of rate contributions by various classifications of ratepayers and all sources of revenue required to fund the delivery of services and projects set out in the Annual Business Plan.

Council has determined that homeowners will pay an average of 2.97% more in rates this financial year. This means the average residential rate will increase from $1,655 to $1,704 an increase of $49. 

Council has a rate capping scheme available to all rate payers subject to eligibility criteria. This is designed to assist ratepayers who would otherwise have incurred a rate increase greater than 12.5%. For details of eligibility call 8372 8888. 

Valuations

The City of Mitcham continues to use capital values as a basis for calculating rates and adopts the capital values provided by the State Valuation Office. If you believe that your property value is incorrect you may object within 60 days of receiving your first rates notice. Objections must be forwarded to:

State Valuation Office
GPO Box 1354, Adelaide  SA  5001

Phone: 1300 653 345

Fax: 08 8226 1428

Email: lsgobjections@sa.gov.au

Website: www.landservices.sa.gov.au

Please note that Council has no role in this process.

Rates based on Land use (differential rate)

Council uses land use as a factor to apply differential rates. If you believe a property has been incorrectly classified as to its land use then a written objection may be made (to the Council) within 60 days of receiving the notice. Council may, for good reason determine to accept an objection lodged outside this time period.

For 2018/19 the following rates will apply for different land use types:

  • Residential, Primary Production and Other Land – 0.281395 cents in the dollar on the capital value of rateable land
  • Commercial/Industrial and Vacant Land – 0.575816 cents in the dollar on the capital value of rateable land

Council has also fixed a minimum amount payable by way of the general rates of $1,039.00.

Rebates

Rebates are available to eligible properties, Council has a Postponement of Rates for Seniors Scheme and also applies a rate capping scheme to all properties to ensure that significant increases in rates are moderated over time.

Further Information

A link to Council's Rating Policy and appendices can be found via link links on the right of this page.  For further information call Council’s Customer Service Centre on 8372 8888. 

Contact Us

Tel 08 8372 8888

Fax 08 8372 8101

Email Us

Opening Hours

Monday to Friday 9am to 5pm

Locate Us

PO Box 21

Mitcham Shopping Centre

Torrens Park SA 5062

131 Belair Road

Torrens Park SA 5062

Australia

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