MidCoast Council 2017-18 Annual Report

Special Schedules 2018

MidCoast Council

Special8A0TX Schedule 6 – Sewerage Service Statement of Financial Position

Includes internal transactions, i.e. prepared on a gross basis
as at 30 June 2018

$’000 Current Non-current Total

ASSETS 11,617 – 11,617
26. Cash and investments – – –
–
a. Developer charges 1,018 – 1,018
b. Special purpose grants – – –
c. Accrued leave – 2,000 –
d. Unexpended loans
e. Sinking fund 35,810 – 37,810
f. Other –
– – –
27. Receivables 3,697 – 3,697
a. Specific purpose grants –
b. Rates and availability charges 214 214
c. User charges 1,732 417,993 1,732
d. Other 2,693
2 – 2
28. Inventories
– 422,686 417,993
29. Property, plant and equipment – 2,693
a. System assets – – –
b. Plant and equipment 54,090 –
476,776
30. Other assets – 66,569
2,630 –
31. Total assets – 2,630
5,923 –
LIABILITIES – 72,492
32. Bank overdraft – 66,569
33. Creditors – 356,117 –
3,263 –
34. Borrowings 11,816 3,263
42,274 78,385
35. Provisions 398,391
a. Tax equivalents
b. Dividend 389,093
c. Other 9,298
–
36. Total liabilities
398,391
37. NET ASSETS COMMITTED
734,911
EQUITY (316,918)
38. Accumulated surplus 417,993
39. Asset revaluation reserve
40. Other reserves page 16
41. TOTAL EQUITY

Note to system assets:
42. Current replacement cost of system assets
43. Accumulated current cost depreciation of system assets
44. Written down current cost of system assets

Special Schedules 2018

MidCoast Council

NotesXT9A0 to Special Schedules 3 and 5

for the year ended 30 June 2018

Administration (1) Engineering and supervision (1)

(item 1a of Special Schedules 3 and 5) comprises the following: (item 1b of Special Schedules 3 and 5) comprises the following:

• Administration staff: • Engineering staff:
− Salaries and allowance − Salaries and allowance
− Travelling expenses − Travelling expenses
− Accrual of leave entitlements − Accrual of leave entitlements
− Employment overheads. − Employment overheads.

• Meter reading • Other technical and supervision staff:
− Salaries and allowance
• Bad and doubtful debts − Travelling expenses
− Accrual of leave entitlements
• Other administrative/corporate support services − Employment overheads.

Operational expenses (item 2 of Special Schedules 3 and 5) comprise the day to day operational expenses
excluding maintenance expenses.

Maintenance expenses (item 2 of Special Schedules 3 and 5) comprise the day to day repair and maintenance
expenses. (Refer to Section 5 of the Local Government Asset Accounting Manual regarding capitalisation
principles and the distinction between capital and maintenance expenditure).

Other expenses (item 4c of Special Schedules 3 and 5) includes all expenses not recorded elsewhere.

Revaluation decrements (item 4b of Special Schedules 3 and 5) is to be used when I,PP&E decreases in FV.

Impairment losses (item 4d and 4e of Special Schedules 3 and 5) are to be used when the carrying amount of
an asset exceeds its recoverable amount (refer to page D-31).

Aboriginal Communities Water and Sewerage Program (item 4f of Special Schedules 3 and 5) is to be
used when operation and maintenance work has been undertaken on behalf of the Aboriginal Communities
Water and Sewerage Program. Similarly, income for item 11a of Special Schedule 3 and item 12a of Special
Schedule 5 are for services provided to the Aboriginal Communities Water and Sewerage Program and is not
part of Council’s water supply and sewerage revenue.

Residential charges(2) (items 6a, 6b and item 6 of Special Schedules 3 and 5 respectively) include all income
from residential charges. Item 6 of Schedule 3 should be separated into 6a access charges (including rates if
applicable) and 6b usage charges.

Non-residential charges(2) (items 7a, 7b of Special Schedules 3 and 5) include all income from non-residential
charges separated into 7a access charges (including rates if applicable) and 7b usage charges.

Trade waste charges (item 8 of Special Schedule 5) include all income from trade waste charges separated
into 8a annual fees, 8b usage charges and 8c excess mass charges and 8d re-inspection fees.

Other income (items 10 and 11 of Special Schedules 3 and 5 respectively) include all income not recorded
elsewhere.

Other contributions (items 12c and 13c of Special Schedules 3 and 5 respectively) including capital contributions
for water supply or sewerage services received by Council under Section 565 of the Local Government Act .

Notes:
(1) Administration and engineering costs for the development of capital works projects should be reported as part of the

capital cost of the project and not as part of the recurrent expenditure (ie. in item 16 for water supply and item 17 for
sewerage, and not in items 1a and 1b).

(2) To enable accurate reporting of residential revenue from usage charges, it is essential for councils to accurately
separate their residential (item 6) charges and non-residential (item 7) charges.

page 17

MidCoast Council
Special10ATX Schedule 7 – Report on Infrastructure Assets as at

$’000 Estimated cost Estimated cost
Asset class Asset category to bring assets
to satisfactory to bring to the 2017

standard agreed level of Requ

service set by maintenan

Council

Buildings Council Offices/
Administration Centres
Buildings – non-specialised – – 8
Council Public Halls 188 188 2
Libraries 641 641 3
3
Cultural/Community 74 74
Facilities 1,6
Other Buildings 865 865 1,8
Sub-total 1,437 1,437 5,2
3,205 3,205

Other Other structures 321 321 2
321 321 2
structures Sub-total

Roads Sealed roads 69,559 90,693 11,1
Unsealed roads 8,683 2,574 3,4
Bridges 6,413 1,9
Footpaths/Cycleways 21,075 975 5
Kerb & Guttering 1,523 1,772 2
Bulk earthworks 3,101 –
Sub-total – 17,2
102,427
103,941

Special Schedules 2018

30 June 2018

7/18 2017/18 Net carrying Gross Assets in condition as a percentage of gross
Actual amount replacement replacement cost
uired
ncea maintenance cost (GRC) 12345

829 661 30,184 54,941 7% 47% 46% 0% 0%

222 424 5,752 11,502 11% 49% 34% 5% 1%

399 134 10,473 24,633 6% 29% 49% 14% 2%

323 512 10,318 13,988 63% 19% 15% 3% 0%

696 455 77,517 145,792 10% 58% 30% 2% 0%

808 1,140 72,413 101,841 74% 12% 13% 2% 0%

277 3,326 206,657 352,697 29.8% 39.1% 28.3% 2.6% 0.2%

206 574 17,812 27,884 87% 13% 0%

206 574 17,812 27,884 0.0% 0.0% 87.0% 13.0% 0.0%

136 5,734 763,404 1,128,419 23% 32% 29% 15% 1%

462 2,809 109,207 219,106 31% 45% 17% 7% 0%

953 769 207,087 340,274 25% 47% 21% 7% 0%

532 106 20,036 34,023 25% 36% 34% 5% 0%

212 128 74,827 137,719 14% 17% 63% 6% 0%

– – 226,158 226,158 100% 0% 0% 0% 0%

295 9,546 1,400,719 2,085,699 32.0% 31.4% 25.6% 10.5% 0.5%

page 18

MidCoast Council
Special Schedule 7 – Report on Infrastructure Assets as at

$’000 Estimated cost Estimated cost
Asset class Asset category to bring assets
to satisfactory to bring to the 2017

standard agreed level of Requ

service set by maintenan

Council

Water supply Water supply network 59,499 59,499 19,0
59,499 59,499 19,0
network Sub-total

Sewerage Sewerage network 58,584 58,584 15,6
network Sub-total 58,584 58,584 15,6

Stormwater Stormwater drainage 3,200 1,700 1,9
drainage Sub-total 3,200 1,700 1,9

Open space/ Swimming pools – – 3

recreational Other Recreational/Open 537 537 1,6
537 537 1,9
assets Space Assets
6,791 6,791 1
Sub-total 6,791 6,791 1

Other

infrastructure Other - Other Infrastructure

assets Sub-total

TOTAL – ALL ASSETS 236,078 233,064 61,5

Notes:
a Required maintenance is the amount identified in Council’s asset management plans.

Infrastructure asset condition assessment ‘key’

1 Excellent/very good No work required (normal maintenance)

2 Good Only minor maintenance work required

3 Satisfactory Maintenance work required

Special Schedules 2018

30 June 2018 (continued)

7/18 2017/18 Net carrying Gross Assets in condition as a percentage of gross
Actual amount replacement replacement cost
uired
ncea maintenance cost (GRC) 12345

081 12,471 423,206 749,200 41% 31% 14% 10% 4%
081 12,471 423,206 749,200 41.0% 31.0% 14.0% 10.0% 4.0%

629 12,873 387,567 700,627 41% 32% 12% 8% 7%
629 12,873 387,567 700,627 41.0% 32.0% 12.0% 8.0% 7.0%

970 553 132,518 203,719 16% 47% 30% 7% 0%
970 553 132,518 203,719 16.0% 47.0% 30.0% 7.0% 0.0%

319 609 3,555 9,484 7% 0% 93% 0% 0%

653 4,843 20,051 39,035 50% 34% 12% 3% 1%

972 5,452 23,606 48,519 41.4% 27.4% 28.1% 2.5% 0.7%

122 81 80,640 137,545 8% 12% 77% 2% 1%

122 81 80,640 137,545 8.0% 12.0% 77.0% 2.0% 1.0%

552 44,876 2,672,725 4,305,890 33.2% 31.9% 23.9% 8.8% 2.2%

4 Poor Renewal required

5 Very poor Urgent renewal/upgrading required

8 Condition Description here… page 19

Special Schedules 2018

MidCoast Council

Special Schedule 7 – Report on Infrastructure Assets (continued)

for the year ended 30 June 2018

Amounts Indicator Prior periods Benchmark
2018 2018
$ ’000 2017 2016

Infrastructure asset performance indicators *
consolidated

1. Buildings and infrastructure renewals ratio (1) 26,084 38.25% 65.63% >= 100%
Asset renewals (2) 68,195
Depreciation, amortisation and impairment

2. Infrastructure backlog ratio (1) 236,078 8.82% 8.46% < 2.00%
2,676,230
Estimated cost to bring assets to a satisfactory standard
Net carrying amount of infrastructure assets

3. Asset maintenance ratio 44,876 72.91% 75.54% > 100%
61,552
Actual asset maintenance
Required asset maintenance

4. Cost to bring assets to agreed service level 233,064 5.41% 4.44%
4,305,890
Estimated cost to bring assets to
an agreed service level set by Council
Gross replacement cost

Notes

* All asset performance indicators are calculated using the asset classes identified in the previous table.

(1) Excludes Work In Progress (WIP)

(2) Asset renewals represent the replacement and/or refurbishment of existing assets to an equivalent
capacity/performance as opposed to the acquisition of new assets (or the refurbishment of old assets) that
increases capacity/performance.

page 20

MidCoast Council

Special Schedule 7 – Report on Infrastructure Assets (continu

for the year ended 30 June 2018

$ ’000 Gen
20

Infrastructure asset performance indicators by fund

1. Buildings and infrastructure renewals ratio (2) 59.6
Asset renewals (3) 6.3
Depreciation, amortisation and impairment

2. Infrastructure backlog ratio (2)
Estimated cost to bring assets to a satisfactory standard
Net carrying amount of infrastructure assets

3. Asset maintenance ratio 72.7
Actual asset maintenance
Required asset maintenance

4. Cost to bring assets to agreed service level 4.0
Estimated cost to bring assets to an agreed service level set by Council
Gross replacement cost

Notes

(1) General fund refers to all of Council’s activities except for its water and sewer activities w

(2) Excludes Work In Progress (WIP)
(3) Asset renewals represent the replacement and/or refurbishment of existing assets to an e

(or the refurbishment of old assets) that increases capacity/performance.

Special Schedules 2018

ued) Water indicators Sewer indicators Benchmark

neral indicators (1) 2018 2017 2018 2017
018 2017

61% 65.63% 12.15% 0.00% 0.18% 0.00% >= 100%

33% 8.46% 14.06% 0.00% 15.12% 0.00% < 2.00%

77% 75.54% 65.36% 0.00% 82.37% 0.00% > 100%

03% 4.44% 7.94% 0.00% 8.36% 0.00%

which are listed separately.
equivalent capacity/performance as opposed to the acquisition of new assets

page 21