Cap­i­tal works projects de­ferred

North Coast Weekender - - Opinion - Laura Pond

EIGH­TEEN cap­i­tal works projects have had fund­ing de­ferred fol­low­ing the City of Wan­neroo’s bud­get mid-year re­view.

Cap­i­tal works ex­pen­di­ture dropped by $14.1 mil­lion from the 2016-17 bud­get to a re­vised bud­get of $80.3 mil­lion.

Funds were re­lin­quished for the projects to be con­sid­ered in the 2017-18 cap­i­tal works pro­gram.

These in­cluded re­align­ing Gnan­gara Road, the south­ern sub­urbs li­brary, stage 1 up­grade of Flynn Drive in Banksia Grove, Wan­neroo Aquamo­tion build­ing as­set re­newal pro­gram, de­sign of Lit­tle Ath­let­ics build­ing at Kingsway Re­gional Sport­ing Com­plex, Alexan­der Heights Day Club (re­liant on grant fund­ing), sports ameni­ties build­ing at Hud­son Park in Gir­rawheen and Mirra­booka Av­enue dual car­riage­way.

The rea­son for de­fer­ring the Lit­tle Ath­let­ics build­ing was at­trib­uted to de­lay­ing the project to make a grant ap­pli­ca­tion.

The City’s rev­enue from fees and charges dropped by $3.2 mil­lion, in­clud­ing a $2.6 mil­lion loss in in­come pre­vi­ously col­lected from the City of Joon­dalup for its bulk rub­bish col­lec­tion ser­vice con­tract, which it stopped last year.

The re­view also recorded a $258,000 de­crease in ap­pli­ca­tion li­cence fee in­come, $182,000 loss on en­try fees at Wan­neroo Aquamo­tion and $100,000 re­duc­tion in green fee in­come from Maranga­roo and Car­ra­mar golf cour­ses be­cause of lower than ex­pected pa­tron­age.

In­come from rate­able prop­er­ties in­creased by $402,000, the fore­cast rise in other rev­enue grew by $133,000 and ma­te­ri­als and con­tracts ex­penses were re­duced by $2 mil­lion.

A City re­port said to­tal changes sub­mit­ted through the re­view equated to an “un­favourable amount of -$1.3 mil­lion”, re­sult­ing in a re­vised re­sult from op­er­a­tions sur­plus of $519,000, down from $1.25 mil­lion.

“Whilst the City has recog­nised an ad­verse im­pact through the MYR (mid-year re­view), it is fore­cast­ing a mi­nor sur­plus re­sult from op­er­a­tions for the year and does have ad­e­quate cash avail­able to ef­fec­tively op­er­ate,” it said.

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