REASON FOR THE FORUM Building on the consultative process used to - - PowerPoint PPT Presentation

REASON FOR THE FORUM

Building on the consultative process used to develop the 2018/19 budget, and 10 year Financial Plan.

AIM OF THE PROCESS

• To establishing where our assets are at,
• To determine future costs, and
• Identify potential sources of income through

strategic asset management, creating a stronger link between our SCP , LTFP and AMP , helping to make better, more strategic decisions

ASSET ASSESSMENT

Using a grading of ‘Fit for Purpose’ and ‘Standard & Quality’

6 7 5 5 7 8 7 7 8 8 8 9 7 7 7 6 5 5 5 5 3 4 8 6 6 8 7 8 10 6 3 6 4 7 2 4 6 8 10 12

Town of Claremont Built Assets Assessment Fit for purpose Standard / Quality

FINANCIAL PLANNING TIMELINE

18 February Forum Long Term Planning 18 March 2019-20 Budget Forum 22 April 2019-20 Budget Forum 20 May 2019-20 Budget Forum

June OCM Adoption of 2019-20 Budget

LONG TERM FINANCIAL PLANNING

• The Long Term Financial Plan (LTFP) is required under

Integrated Planning and Reporting Framework as set out in the LG Act

• Must be for a minimum 10 years and reviewed as part
• f the Corporate Business Plan review
• Last reviewed by Council at its 19 June 2018 for period

2017-18 to 2026-27

LONG TERM FINANCIAL PLANNING

• Applying a range of forecasted assumptions, the plan

includes on a year to year basis;

• operating revenue and expenditure in delivering

statutory and discretionary services

• Identified asset renewal as determined by the Council’s

various Asset Management Plans

• Specific community priorities as identified in Councils

Strategic Community Plan

308 STIRLING HIGHWAY

• Redeveloped and extended

2014 (Val. $6.76M Loan$1.59M)

• Located on Recreation Reserve
• Car Parking Issue

ANZAC COTTAGE

• Over 100 years old
• Purpose is to accommodate

returned service personal and families

• Lease occupant does not meet

criteria

• Maintain and preserve asset

CLAREMONT AQUATIC CENTRE

Splash Pad – $600,000. Waiting for second round announcements for AusSport Chemical Chlorine Upgrade for OSH risk $150k Loan - $759,714 (Pool upgrade 2010)

FRESHWATER BAY MUSEUM

• $1.5M Redevelopment
• Funded in current budget
• A Class Reserve - extension of

permitted use

• State Heritage Office assessment

and public work DA exemption

CLAREMONT COMMUNITY HUB & LIBRARY

• Upgraded 2011 ($0.88M

borrowing)

• National Trust classification
• Air conditioners fixed

CLAREMONT PARK / BOWLING CLUB

1956 built Strategic asset located on Recreation Reserve Safety issues with windows, provision made within mid year budget review to resolve ($23,000) Bethesda Parking will be dealt with as part of the Scheme Amendment which may have ramifications on street parking Supports ToC staff parking through lease arrangements

MACKENZIE PAVILION CRESWELL PARK

Budgeted in Reserves $400,000 ($35,000 allocated to design consultancy) Design and costing available end 10 May 2019 Hon Julie Bishop CDG for $1million Clubs may contribute $75,000 each

CLAREMONT GOLF COURSE

• Course upgrade 2016-17
• Toilet upgrade 2017-18
• Breezeway works – 2018-19
• DA issued for Tavern awaiting

liquor licence

• Requires variation to the

Management Agreement (grounds) and Lease (buildings)

POLICE STATION

• Original Value proposed at $2.175M
• New Valuation presented to the Town

was over $4 million

• New cost reduced the ROI to

amalgamate (& free title) with remaining reserve to elevate value to $8M.

• Suggestion: Remove from consideration

CAR PARK NO.7 (LEURA AVE)

• On of the Town’s strategic
• sites. To be included in

Activity Centre Plan to assess built form outcomes.

• LV $8.2M

LOTS 502 & 504 LEURA AVENUE

• FJM have indicated they are

interested in discussing acquisition of our land and enter into arrangements with the Town to close the road to create a new development site, and facilitate changes to the Bunnings service area

CAR PARK NO.5 (SHENTON ROAD)

• Strategic site adjacent to Goods Shed
• LV $2.7M
• $1.1M Developer Contribution liability

(NEP Developer Contribution Reserve - $365,622)

• Subject Activity Centre Plan and may be

suitable to multi-storey car park or other commercial / residential uses

TYPIKA SITE

• Purchased 2011 $11M ($5.5M

borrowing)

• Currently leased for $214,000pa
• Nine storey development
• pportunity under Stirling Hwy LDP

and requires Activity Centre Plan

• Opportunities to develop with

adjoining owners (John Bond and new owner)

STATION MASTERS HOUSE

• 40 lease from PTA (peppercorn)
• Sublease 5x5 to FORM ($86,528pa).
• Reduction in lease space
• PTA approved airport link turnaround

at Claremont which may have lease implications

GOODS SHED

• Leased to FORM by LandCorp
• LandCorp to dispose & recoup costs
• f upgrade costs & Developer

Contribution

• Suggestion: Council to consider the

purchase of the building

• Possible changes to the NEP structure

plan resulting from Station Access proposals and need to consider community space (Perth Alive)

RAILWAY STATION PRECINCT

• $1million approximately for road

improvement works

• Waiting on PTA plan to be finalised

then it can be included in the Town Centre Activity Centre Plan

• Project discussions around

Underpass, Overpass with Station Access and new bus Terminal

ECO CULTURAL CENTRE

• Scotch, FORM and Lotterywest interest

(LC Concept Plan 2010 & 2016)

• Could include toilets to support park

users

• Focus on sustainable lake, flora and

fauna practices with an education focus

• Cost estimate $800,000

RIGHT OF WAYS

• Right of Way study under review
• Proposals include acquisition and widening

(where required)

• ROW’s could be dedicated under public use
• This supports Town Planning Scheme

requirements for access to rear of lots from ROW

• Upgrades to lightning and drainage will be

considered

• Will generate an impact to asset preservation

allocations

FOOTPATHS AND SHARED PATHS

Inspected annually by contractor (proposal to train staff) Provides status and quality report for all footpaths Paths provided with a condition rating 1-5

APPLICATION OF POLICY

Footpaths constructed in accordance with Policy, both in respect to location, width, type and function

COSTS PER SQ.M

Limestone $25/m2 Cream Concrete $114/m2 District Distributors $140/m2 Stirling Highway $150/m2

FOOTPATHS AND SHARED PATHS

Concrete 47.63km (including grey, cream and aggregate concrete) Asphalt 7.61km Brick Paving 4.37 km Slabs 21.52km Limestone 2.6km Total 83.73 kms

ASSET PRESERVATION

Footpath assets have a current replacement value of $19.178million Based on useful life data, this requires a minimum allocation of $421,400 per annum

FOOTPATHS AND SHARED PATHS

• Slab footpaths have a value of

$4.3million

• Therefore $430,000 per year

for 10 years would replace this with concrete (subject to widths and hierarchy)

• This is in ADDITION to the Asset

Preservation value

FOOTPATH PROGRAM – PRIOR YEARS EXPENDITURE

• 200,000

400,000 600,000 800,000 1,000,000 1,200,000 2015-16 2016-17 2017-18 2018-19

Footpath Capital Allocations 2015-2019

Series1 Series2

ROAD NETWORK

Road Inspections occur every 5 years 4 specific defects and a range of

• ther factors create a status and

standard rating for every road

ROAD NETWORK

Road hierarchy directly relates to the expected life of a road asset, as vehicle movements per day is a major element of this calculation

ROAD NETWORK

Asset value is determined as a combination of the formation (below 150mm), pavement (30- 150mm) and the seal (top 30mm) plus the kerb

ASSET PRESERVATION ALLOCATION- ROADS

$153,00 per annum required to maintain the status quo on the pavement value $921,644 required to maintain the status quo for the seal and kerb (total $1.171million p.a)

ASSET PRESERVATION- LONG TERM

This $1.171million is based on CRC or current replacement cost So as the standards change or design concepts increase (e.g. Davies Road), this will alter the assert value and the CRC

ROAD PROGRAM – PRIOR YEARS EXPENDITURE (GROSS)

• 500,000

1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 2015-16 2016-17 2017-18 2018-19

Total Road Projects 2015-2018 (Gross)

Gross Actual Expenditure Preservation Value

ROAD PROGRAM – PRIOR YEARS EXPENDITURE (NETT)

• 500,000

1,000,000 1,500,000 2,000,000 2,500,000 2015-16 2016-17 2017-18 2018-19

Nett Road Allocation 2015-2019

Road Expenditure Preservation Value

PARKS AND PUBLIC OPEN SPACE

Proposal to undertake a park use audit, linking function, facilities and services with demands and users Hatchett Park is an example of this type of process

DEPOT FACILITY

New facility within former Brockway Tip Site (class 1) $200,000 allocated to facilitate this relocation $25,000 per annum lease plus

• utgoings

20m x 60m facility with new shed and infrastructure

DAVIES STREET REDESIGN

Costing estimates 2018/19 financial year Regional Road Group Funded (2/3rd of original estimate plus 10%)