monthly finance report - mornpen.vic.gov.au

January 2019

Monthly Finance Report

Briars

Seawinds

Red Hill

Cerberus

Watson

Nepean

Mornington - Tyabb Rd

Two Bays Rd

Jone

s Rd

Cool

art R

d

Derri

l R

d

Eramosa Rd West

Stum

py G

ully

Rd

Wooralla Dr

Tyabb

- Too

radin

Rd

Wes

tern

Por

t Hwy

Gran

t Rd

Eramosa Rd East

Bungower Rd

Nepe

an H

wy

Moo

rood

uc H

wy

Craigie Rd

Bentons Rd

Esplan

ade

Bay Rd

Old Moorooduc Rd

Bentons Rd

Mornington-tyabb Rd

Main

Cre

ek R

d

Melbourne Rd

Graydens Rd

Western

Port

Hwy

dR srednilF - notsknarF

Bayview Rd

dR srednil F - not sknar F

Back

Bea

ch R

d

Fran

klin

Rd

Fores

t Dr

St. Pa

uls Rd

Balnarring Rd

Drom

ana P

de

Whi

te H

ill R

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Nepean Hwy Nepe

an H

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Dunns Creek Rd

Hodgins Rd

dR yll uG ypmut S

dR seoBdR snosr edneH

High St

Reid Pde

Pt Nepean RdMelbourne Rd

Ocea

n Bea

ch Rd

Hotham RdTru

eman

s Rd

Golf Links RdSages R

d

Arthurs Seat Rd

Latrobe Pde

Morning

ton Pe

ninsu

la Fre

eway

Boundary Rd

Tubb

arub

ba R

d

Red

Hill

Rd

Station

Rd

Balnarring Rd

Sandy Point Rd

Franks

ton - F

linders

Rd

Myers Rd

Disney St

Bittern-Dromana Rd

War

rawe

e Rd

Lord

Som

ers

Rd

Stanleys Rd

Merricks Rd

Stony Point Rd

Woolleys Rd

Woolleys Rd

Humphries Rd

Moorooduc Hwy

Point Nepean RdSt Joh

ns Woo

d Rd

Hughe

s Rd

Eastbourne RdPoint Nepean Rd

Cant

erbu

ry J

etty

Rd

Frankston - Flinders Rd

Bone

o Rd

Browns Rd

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Dund

as S

t

Sandy Rd

RdBrowns

Morn

ington

- Fli

nders

Rd

Shands Rd

Byrnes Rd

Mor

ning

ton

- Flin

ders

Rd

Point Leo Rd

Franks

ton-fli

nders R

d

Baln

arrin

g Be

ach

Rd

Mer

ricks

Bea

ch R

d

Cam

p Hi

ll Rd

Sout

h Be

ach

Rd

Boneo Rd

Truem

ans

Rd

South Boundary Rd West

Baxter - Tooradin Rd

Boneo Rd

Meakins

Rd

Tucks Rd

Musk Creek Rd

Mornington-flinders Rd

Cape

Sch

anck

Rd

Mea

kins R

d

Boneo Rd

Woo

d St

Main St

Nepean

Hwy

Bungower Rd

South Beach Rd

South

Bea

ch R

d

Jetty Rd Purv

es R

d

dR tr al ooC

Tuerong Rd

Limestone Rd

Loders RdFoxeys Rd

Hearn Rd

Dunn

s Rd

South Boundary Rd East

Race

cour

se R

d

Baldrys Rd

Peni

nsul

a Li

nk

Jetty

Rd

Canadian Bay Rd

Dund

as S

t

Bone

o Rd

Hunts Rd

Denham Rd

Whit

e Hill

Rd

.

Shoreham Rd

Old

Moo

rood

uc R

d

Mornington Pen

insula

Fwy

BriarsBriars

Cr Rosie Clark0437 152 991

Cr Bev Colomb0418 506 638

Cr Sam Hearn0437 170 083

Cr Simon Brooks0437 174 486

Cr Hugh Fraser0428 258 354

Cr David Gill0437 129 016

Cr Kate Roper0437 134 168

Cr Julie Morris 0437 156 531

Cr Bryan Payne0437 193 039

Cr Antonella Celi0408 974 143

Cr Frank Martin0437 153 578

Seawinds

Seawinds

Red Hill

CerberusCerberus

Red Hill

Watson

Watson

Nepean

Nepean

Tyabb

Boneo

Flinders

Crib Point

Somerville

Hastings

Hmas Cerberus

Balnarring Beach

Pt Leo

Red Hill South

Shoreham

Merricks North

Arthurs Seat

Rye

St Andrews Beach

Tootgarook

Sorrento

Merricks Beach

Mount Eliza

Mornington

Moorooduc

Baxter

McCrae

Red Hill

Main Ridge Fingal

Merricks

Somers

Bittern

Balnarring

Cape Schanck

Portsea

Blairgowrie

Safety Beach

Mt Martha

Tuerong

CapelSound

Rosebud

Dromana

Bass Strait

Port Phillip

Western Port

Your Councillors

TABLE OF CONTENTS

Chief Financial Officer .............................................................................................. 1

Chief Operating Officer ............................................................................................ 3

The Monthly Finance Report summarises for the information of the community and other interested stakeholders, the many activities of the Shire for the preceding month, ranging from policy development and implementation through to service delivery, the provision of infrastructure, and the Shire’s financial position.

Any resident, ratepayer or other stakeholder seeking further information should contact the relevant Shire manager or director, or in the first instance can contact:

Communications Ph. 5950 1200

CHIEF FINANCIAL OFFICER

As always there is a lot of activity across the Shire and I provide below just a snapshot of some of the work being done on behalf of the community throughout January.

From a financial perspective the Shire is tracking well: • The Mid-Year Review has now been completed and it is pleasing to be able to report an

additional surplus identified of over $1.3m. This surplus is driven by both additionalrevenue generated and reductions in expenditure. All teams across the Shire work veryhard to ensure an efficiency of operations and this is reflected in the graph below whichindicates an efficiency of operations when compared to other ‘Interface’ (urban fringe)councils:

Councillors will now consider options for the utilisation of this additional surplus in the next Council meeting.

• The January results are also positive (see attached Monthly Finance Report – January2019) and will be adjusted through February for the outcomes of the mid-year review.

• The longer term financial outlook for the Shire continues to be a priority to ensure thesustainability of our financial position in a rate-capping environment. As previously advisedthere are challenges over a longer horizon and Council is preparing well to meet thesechallenges.

The IT team (ICT) are working hard to provide infrastructure to support improvements in customer service and through January completed the following:

• Library public computer upgrade – roll-out has commenced and the expected completiondate is the 25 February 2019. Somerville and Rosebud library are both now equipped withnew ‘all-in-one’ devices for public use. These new devices will provide an improvedcomputing experience at all our library branches.

• Disaster Recovery Plan - we have now updated our ICT Disaster Recovery plan thatprovides us with the necessary detail for restoration of services in the event of a businesscontinuity event. Considerable effort has been put into this plan to ensure ICT is wellprepared to restore services in line with Business Continuity Plan expectations from thecommunity.

• Cybersecurity - we have implemented a security policy that will reject any connectionscoming from outside of Australia. This will help prevent overseas hackers attempting tocompromise and exploit shire accounts. ICT will continue to review and implement securityimprovements where appropriate to ensure we provide a robust and resilient network andoperating environment for the community and Shire staff.

Page 1

The Libraries team remain focused on the delivery of one of our most utilised services – with a focus on increasing the number of programs – and have had a very busy January:

• 441 Children enrolled in the annual Summer Reading Club (Dec-Jan) which encourages children to read whilst they are on school break - more than 1,400 books were read in the SRC program

• 543 children participated in the Treasure Hunt • 1,626 Children attended library programs in the month of January • 59,497 people visited our libraries, an increase of 7.2% compared to last year. • Digital loans (eBooks, eTalking Books and eMagazines) have increased by 35.2%

compared to this time last year, showing that digital resources are an essential and alternative borrowing resource.

The Family Services team also had a busy January in delivering:

• Education and Care o Smooth relocation of service for Dromana Kindergarten in to the Mt Martha

Playgroup room whilst the kindergarten build is being completed o We have reached 100 Early Start to Kindergarten registrations for 2019 - Clear

demonstration of systemic change and Closing the Gap at a local level o After well over a three-year successful partnership with Willum Warrain and the

MPS Supported Bush Playgroup, the Gathering Place are now transitioning to operate the playgroup independently. This is a real example of Aboriginal and Torres Strait islander peoples having ownership of their destination. As quoted in the Willum Warrain Term 1, 2019 newsletter “with the much-appreciated support from the Mornington Peninsula Shire, Bush Playgroup will now be completely run by WW staff……”

• Immunisation Services o Service coverage data processed on 31 December 2018 for both the Southern

Region and State indicated: In the 12-15-month cohort, Mornington Peninsula was Ranked No.1 with

96.31% coverage rate in the Southern Region In the 24-27 Month Cohort, Mornington Peninsula was ranked No. 3 with

91.57% coverage rate in the Southern Region When you compare the data across the State, Mornington Peninsula ranks

No.1 out of 35 Councils who have similar numbers of children to ours, for the combined 12-15 and 24-27 cohorts.

A full update on all Shire services and programs will be provided in the Quarterly Community Report and as always, we seek and appreciate any feedback you would like to provide so please see our website to have your say (www.mornpen.vic.gov.au/Contact-Us/Feedback).

Page 2

CHIEF OPERATING OFFICER The 2019 calendar year within Council’s operations group commenced with Officers bringing some exciting reports and strategies to the January Ordinary Council Meeting. The Council resolved to enter into a conservation covenant for Council owned land at 92 Elizabeth Avenue, Capel Sound purchased to protect its wetland values and Warringine Park, Bittern covering 13 titles of Council land that scored highest on biodiversity values for all Shire reserves. Warringine Park, Bittern and 92 Elizabeth Avenue, Capel Sound are significant examples of land owned and managed by Council for conservation purposes. Council can demonstrate its commitment to biodiversity conservation and the preservation of these important natural resources by covenanting these properties and is strongly supported by the Trust for Nature to do so. The draft Sports Capacity Plan was placed on public exhibition for a period of six weeks. The feedback from the public exhibition period will be reported back to Council to consideration. The draft Sports Capacity will guide the future provision of sporting infrastructure in the Shire, as such the plan covers: An assessment of the current situation, the future direction for sports fields, Gap Analysis / Recommendations and Sports Facility Capacity Works Assessment Tool. The preparation of the draft Plan has been a comprehensive process to understand the current and future field-based sporting needs of the community. The document outlines a strategic plan to guide the future provision, distribution and standard of sporting facilities across the Peninsula over a 20-year timeframe. The Council also placed the draft Narambi Recreation Reserve Concept Plan on public exhibition to seek feedback from the community. The Concept Plan addresses the need for additional AFL/cricket ovals in the Shire’s northern planning area. The proposed future direction for Narambi Recreation Reserve not only achieves an additional oval but responds to the issues and opportunities of the reserve and the feedback received from the key stakeholders. Following the exhibition period, a report will be prepared for Councils consideration. During January the Council were informed of a funding opportunity in conjunction with the Alexandra Park pavilion redevelopment project through the Federal Minister for Health, The Hon. Greg Hunt. The Council, in conjunction with the Alexander Park Project group, The Bays Hospital and The Hon. Greg Hunt, Federal Minister for Health, have identified an opportunity which would result in a $2 million funding contribution towards the Alexandra Park Pavilion Redevelopment Project. This opportunity would go towards providing for additional health/medical consulting suites within the pavilion for exclusive use by The Bays Hospital as well as a multi-use shared space and other supporting facilities within the pavilion. Although there is a significant planning process to undertake as part of this project, the proposal provides Council with a unique opportunity to secure significant funding towards the delivery of a project currently in detailed design. The Alexandra Park Pavilion redevelopment project is included in the 2019/2020, 2020/2021 and 202120/22 capital works programs has a total project cost of $4,600,000. This would include Council funding of $2 million, Federal Government funding of $2 million, Alexandra Park Project group funding of $500,000 and $100,000 from the Australian Football League Victoria. I look forward to providing further updates throughout the next quarter on more of the excellent strategies and exciting projects as the team develops and progresses them. Regards Niall McDonagh Chief Operating Officer

Page 3

Monthly Finance Report

January 2019

1

Monthly Financial ReportContents

January 2019 Highlights

Section 1 – Financial Performance1.1 Financial Performance - Overview1.2 Financial Performance Statement1.3 Capital Works1.4 Priority Projects1.5 Treasury

Section 2 – Financial Statements2.1 Income Statement2.2 Balance Sheet2.3 Cash Flow

AppendixA. Project Listing

2

Monthly Financial ReportHighlights

• As previously advised, the key driver of the below forecast result in Total Operating Income is the timing difference in the Financial Assistance Grant which is likely to correct with early receipt of next year’s grant (and hence no variance).

• All other key FY19 financial metrics are tracking well at this stage of the financial year:- Capital Works spent year to date $29.2M on 65 projects, $10.9m up on the same

time last year.- Priority Projects spent year to date $3.2M on 81 projects, $0.6m up on the same

time last year.- Strong cash position at $45.3M driven by 2nd rates installment on 30 November

2018.- $38.6M invested in term deposits which is an decrease of $3M from December

2018. 91% of these investments are on deposits greater than 90 days to maximisereturns. The average investment rate for January is 2.66%

- $2.8M in loan repayments have been made year to date, reducing the balance to $13.1M (in line with Budget).

3

January 2019

Section 1.1 – Financial Performance Statement

4

As detailed in the Financial Performance Statement (“FPS”), year to date (“YTD”) net operating income (funds available) is $0.9M behind forecast driven mostly by timingdifferences (related to the Financial Assistance Grants). Actual YTD surplus is ahead of forecast by $4.9M (7%). Cash position remains strong at $45.3M.

Capital Works Cumulative Expenditure FY19Cash Position FY19

0

20

40

60

80

100

Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

Forecast Actual

0

10

20

30

40

50

60

70

80

Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

Cum. Actuals Cum. Forecast

Actual YTD FY19

Approved Forecast

Variance Fav/(Unfav)

Adopted Budget


Actual YTD FY18


Approved Forecast

Adopted Budget



$'000 $'000 % $'000 % $'000 % $'000 $'000 $'000 %Operating IncomeRates and Charges 172,235 171,524 - 171,524 - 162,108 6% 171,524 171,524 - -Grants and Subsidies 8,950 9,818 (9%) 9,695 (8%) 9,689 (8%) 13,922 13,819 103 1%User Charges 17,998 17,456 3% 17,123 5% 18,008 - 28,019 27,973 45 -Grants Commission 1,419 4,452 (68%) 4,452 (68%) 1,358 5% 5,888 5,888 - -

Total Operating Income 200,602 203,250 (1%) 202,794 (1%) 191,162 5% 219,352 219,204 148 -Operating ExpenditureEmployee Costs (43,395) (44,236) 2% (44,250) 2% (41,164) (5%) (76,280) (76,244) (36) -Materials and Services (12,986) (14,321) 9% (14,498) 10% (12,968) - (24,412) (24,335) (77) -Materials and Services - Contracts (43,545) (42,797) (2%) (42,269) (3%) (37,796) (15%) (72,742) (72,683) (59) -Other Expenses (3,431) (3,792) 10% (3,912) 12% (3,013) (14%) (6,455) (6,492) 37 1%

Total Operating Expenditure (103,357) (105,146) 2% (104,929) 1% (94,942) (9%) (179,889) (179,754) (136) -Net Operating Income/Funds Available 97,244 98,105 (1%) 97,865 (1%) 96,221 1% 39,462 39,450 13 -Other Income/ExpenditureCapital Works (Net) (20,399) (23,974) 15% (15,186) (34%) (15,239) (34%) (57,315) (39,336) (17,979) (46%)Priority Projects (Net) (2,086) (4,488) 54% (1,388) (50%) (1,717) (22%) (7,296) (2,425) (4,871) (201%)Land Acquisitions and Disposals 384 78 391% - 100% 9 4159% (1,100) 300 (1,400) (467%)Interest Income 762 712 7% 712 7% 761 - 1,221 1,221 - -Interest Expense (543) (543) - (543) - (701) 23% (1,011) (1,011) - -Debt Servicing Principal (2,762) (2,762) - (2,762) - (4,838) 43% (3,869) (3,869) - -New Borrowings - 615 (100%) 615 (100%) - - 5,680 5,680 - -

Total Other Income/Expenditure (24,644) (30,362) 19% (18,552) (33%) (21,724) (13%) (63,691) (39,441) (24,250) (61%)Surplus/(deficit) 72,600 67,742 7% 79,313 (8%) 74,496 (3%) (24,229) 9 (24,237)Cash & Cash Equivalents 45,306 (43,583) (26,353) - 26,353

Full YearYear to Date


5


6

Year to date net operating income (per FPS) is $0.9M behind forecast. Major YTD Operating income and expense variances against forecast are detailed below.

CategoryPermanent

$’000

Timing$’000 Commentary

Grants and Subsidies 214 654 Permanent variance relates to Non-Recurrent State Government funding for the recycling issues late last financial year. The remaining $654k relates to timing of payments being received compared to forecast.

Grants Commission (3,033) Grants Commission had an unfavorable variance due to partial receipt of FY19 funds of $3m in FY18, this is expected to correct in June 2019 as it did during FY18. Total Financial Assistance Grants for FY19 was budgeted at $5.8m.

Operating Income Variances against Forecast

Operating Expense Variances against Forecast

CategoryPermanent

$’000

Timing$’000 Commentary

Employee Costs 72 769 Employee costs are underspent due to WorkCover savings $72k against budget and vacant posts. The underspend in salaries has in part been offset by the $221k overspend in casual staff and agency labour (which in many cases are covering the vacant permanent positions)..

Materials & Services 69 1,266 Underspend of $1,266k is due to timing differences including phasing which will be updated in the mid-year review, spread across the following accounts: utility & phone costs ($335k), external contractors & consultants ($448k) and IT operations & lease costs ($515k). Anticipated full year savings on insurance premiums ($69k).

Materials & Services - Contracts (748) Safer Local Roads costs relating to capital works ($1,688k), partially offset by timing differences in Buildings and Maintenance contract $284k and Waste Disposal $479k.

Other Expenses 360 This YTD underspend is a timing difference as subsidy & grant payments ($105k) have not yet been fully paid, pending return of paperwork to MPS. Staff training & conferences ($249k) lower than expected at the end of January.

Section 1.3 – Capital Works

7

Capital Works items have an annual gross forecast expenditure of $75.4M. Total Income for Capital Works is behind forecast by $1.4M which is due to grants pending forCivic Reserve Athletics Track of $3.0M, offset by monetary contribution and developer contributions. YTD expenditure is currently $29.2M spent and a further $29.0Mcommitted via purchase orders. A complete project listing is included in Appendix A.

Actual YTD FY19

Approved Forecast


Adopted Budget


Actual YTD FY18


Approved Forecast

Adopted Budget



$'000 $'000 % $'000 % $'000 % $'000 $'000 $'000 %IncomeSpecial Charge Schemes 815 815 - - 100% - 100% 1,012 - 1,012 100%Grants - capital 2,461 5,871 (58%) 3,731 (34%) 602 309% 12,300 5,681 6,619 117%Contributions - monetary 5,514 3,470 59% 3,607 53% 2,414 128% 4,762 4,449 313 7%Property infrastructure plant equip 3 - 100% - 100% 6 (54%) - - - -

Total Income 8,792 10,156 (13%) 7,338 20% 3,021 191% 18,074 10,130 7,944 78%ExpenditureBuildings (11,620) (12,382) 6% (9,613) (21%) (3,792) (206%) (29,005) (19,573) (9,432) (48%)Plant and Equipment (2,376) (983) (142%) (653) (264%) (396) (499%) (4,286) (2,570) (1,716) (67%)Artworks (37) (35) (7%) - (100%) - (100%) (35) (25) (10) (40%)Library Bookstock (724) (632) (14%) (522) (39%) (508) (42%) (895) (895) (0) -Infrastructure - Roads (5,092) (8,154) 38% (3,933) (29%) (7,601) 33% (15,429) (9,149) (6,280) (69%)Infrastructure - Drainage (2,378) (2,505) 5% (877) (171%) (2,011) (18%) (4,424) (2,825) (1,599) (57%)Infrastructure - Other (6,964) (9,440) 26% (6,926) (1%) (3,952) (76%) (21,315) (14,429) (6,886) (48%)

Total Expenditure (29,191) (34,131) 14% (22,524) (30%) (18,260) (60%) (75,389) (49,466) (25,923) (52%)Net Total (20,399) (23,974) 15% (15,186) (34%) (15,239) (34%) (57,315) (39,336) (17,979) (46%)



8

Set out below are the top ten capital works projects based on expenditure with a brief project update.

Project Name

Actual YTD FY19 $’000

Approved Forecast YTD FY19

$’000

Approved Forecast Full Year

FY19 $’000 Project Update

K101. Somerville Rec Centre Rebuild (4,801) (5,540) (8,490)

Works continue to progress at the Edward Street site for the rebuild and redevelopment of the Somerville Recreation and Community Centre. The building achieved lock-up status prior to Christmas, with activities now focussing on installation and fit-off of internal fixtures and features. Laying of the timber sports floor to the stadium has commenced and will take five weeks to complete the 50 lineal kilometres. External works are underway to enhance the aesthetic and access to the main entry points of the new building.

T028. Civic Reserve Mornington (2,111) (2,680) (6,264)

This project includes the construction of an all-weather athletics track and four soccer pitches (twowith lighting) at Civic Reserve, Mornington. These facilities will be primarily for use by theMornington Athletics Clubs and the Mount Martha Soccer Club. Supporting infrastructure includesupgrades to services, a storm water basin, extensive landscaping, footpaths and car parking.Contractor Turf One has completed all the major earthworks at the site and is preparing theinstallation of sub surface drainage and irrigation to the soccer pitches. The base material for theathletics track has also commenced construction. The site is expected to be handed back to thecommunity in May 2019.

K099. Rosebud Aquatic Centre (1,964) (288) (5,267)

This project provides for a 50-metre competition pool, learn to swim pool, warm water program pool, aqua play/splash deck, wellness center, gymnasium and associated multi-purpose rooms. A café, school group change rooms and spectator seating are also featured. Parking for 210 cars and installation of traffic signals at Besgrove Street and Boneo Road intersection are planned. Expected delivery date is late 2020. Early works commenced in October 2018. Construction of site car parking and a storm water drain diversion is underway. Works for the relocation of the woodworkers and radio clubs to Vern Wright Reserve, Capel Sound, have also commenced. VicRoads have given in principle support for the installation of traffic signals at Boneo Road/Besgrove Street intersection.

N410. Safer Local Roads Program - (1,500) (4,000)

Safer Local Roads Contract, Road resurfacing and pavement rehabilitation.The contract works are well underway and progressing as expected. Supplier has been sufficiently fulfilling contractual requirements in relation to all roads and drainage needs of the Mornington peninsula community.

Y122. Business Transformation Program (2,113) (615) (3,716)

Implementation of Shires software systems to replace our Core IT systems functions including: ·Financial, Procurement and Contracts Management , Property and Rating ·Customer Relationship Management, Request Management, and Portfolio Management.The Business Transformation Program has been officially launched on 5th December 2018.


9

Set out below are the top ten capital works projects based on expenditure with a brief project update.

Project Name

Actual YTD FY19 $’000


$’000


FY19 $’000 Project Update

B671. Hasting Activity Structure Plan (871) (831) (3,029)

The streetscape redevelopment works will be carried out in stages over the next two years (2018/19) in accordance with the High Street Hastings, Streetscape Design Framework. The High Street Hastings, Streetscape Design Framework is available for viewing from the Shires website. Works include the realignment of on-street parking within High Street, new exposed aggregate concrete pavements with feature paving elements, street furniture and landscaping.

K009. Mornington Community Centre (93) (156) (2,259)

A new Mornington Community House is proposed as significant expansion to the Studio@PCT hall within the Wilsons Road community facilities precinct. Other key uses of the site include the Peninsula Community Theatre, local radio station, The Corner Youth Centre and the Mornington Men’s Shed. Detailed design will progress this financial year. A

Planning Permit Application has been lodged for this development, with construction anticipated to commence late in 2018/19.

M117. R2R 4 Two Bays Rd Widening (1,025) (1,769) (2,102)

As part of the Federal Government’s Roads to Recovery funding program, Two Bays Roadhas been identified for upgrade works. The proposed works include widening the road byapproximately one metre, installing kerbing on the north-western side of the road as well asline marking and signage improvements. The widened road will include a shared bicyclelane for the uphill traffic lane. The project has been split into two sections to reduce theimpacts to residents. The project has been split into two sections to reduce the impacts toresidents. The first section is the lower 800m section. In 2018, drainage was installed inthis section, in January works progressed further up Two Bays Road.

It is anticipated that works will be ongoing until March/April 2019.

B340. Minor Renewal Community Facilities (744) (935) (1,927) Delivery of minor renewal maintenance works to Shire buildings. Works will include various

building fits-outs, roofing, HVAC, and electrical.

P707. Olympic Park Reserve Rosebud (1,467) (1,656) (1,656)

Completion of stage 1 works including car parking, scorers box, social room toilets and external public toilets were all completed prior to the commencement of the 2018 football season. Stage 2 works which includes the construction of a new players changeroom building has reached practical completion. The new change rooms have been handed over to the user groups late December. An

official opening will be held early in 2019.

Total (15,189) (15,970) (38,710)

Section 1.4 – Priority Projects

10

Priority Project items have an annual gross forecast expenditure of $8.9M of which 36% ($3.2M) has been spent YTD, with a further $2.5M committed via issued purchaseorders (in total 64% of expenditure forecast). A complete project listing is included in Appendix A. Based on the current project schedule, $0.3M worth of projects (3%) arenot likely to commence and/or complete in FY19 and have been identified as carry forward projects. Projects identified to be carried forward are:

340. Climate adaptation action plan $40k 637. Schoolies Week Project $11k459. Heritage Review – Stage 4 $30k 731. IMPS to Expedite Migration $12k572. Shire Strategic Plan 2017-2020 $20k 774. Hillview Community Reserve Master Plan $50k605. M/ton Peninsula Branded Produce $30k 849. Briars Deceased Estate Bequest $29k619. HACC Transition and Minor Capital $34k 852. All access Training and Conference attendance $20k

Actual YTD FY19

Approved Forecast


Adopted Budget


Approved Forecast

Adopted Budget



$'000 $'000 % $'000 % $'000 $'000 $'000 %IncomePriority Project Income 1,112 983 13% 354 214% 1,585 577 1,008 (175%)

Expenditure6330. Street Lighting Bulk LED Upgrade (744) (1,553) 52% - (100%) (1,553) - (1,553) -6955. Carbon Neutrality (PV/Solar Cells) (252) (378) 33% - (100%) (378) - (378) -6948. Portsea SLS Club Redevelopment (150) (150) - - (100%) (300) (300) - -8609. Coastal Villages & N'hood Strategy (99) (185) 46% - (100%) (300) - (300) -8932. The Pillars Preservation (15) (11) (32%) - (100%) (171) - (171) -6966. Township Plans (90) (20) (352%) (88) (3%) (163) (150) (13) (9%)8340. Roadside Fire Management (145) (145) - - (100%) (145) - (145) -8603. Local Housing and Settlement Strate - - - (58) 100% (141) (100) (41) (41%)8606. Character Assessment and Design Gui (13) (47) 73% - (100%) (141) - (141) -6358. Gunnamatta SLSC Support (134) (134) - (67) (100%) (134) (134) - -

Priority Projects Other (1,372) (2,590) 47% (1,315) (4%) (4,939) (1,891) (3,048) (161%)Whole of Life Projects (184) (258) 29% (214) 14% (517) (427) (90) (21%)Total Expenditure (3,198) (5,471) 42% (1,742) (84%) (8,881) (3,002) 5,880 (196%)Net Total (2,086) (4,488) 54% (1,388) (50%) (7,296) (2,425) (4,871) (201%)

Year to Date Full Year


11

Set out below are the top ten priority projects based on expenditure with a brief project update.

Project NameActual

YTD FY19 $’000


$’000


FY19 $’000

Project Update

546. Street Lighting Bulk LED Upgrade (744) (1,553) (1,553)

The Street Lighting Bulk LED Upgrade has now reached practical completion with over 10,000 mercury vapor lights changed to LED lights. Final reporting to United Energy was completed in December, but final sign off is yet to be completed and is now expected to occur in February. This will see the project reach final completion.

640. Carbon Neutrality (PV/Solar Cells) (252) (378) (378)

This project forms part of the Shire’s Rooftop Solar PV Rollout being delivered as part of its

commitment to Carbon Neutrality. This project has reached practical completion with all solar now installed at 20 sites included in the scope, totaling 361 kW of generation capacity. Despite operating as expected, minor rectification works on a minor component were required in January at Rosebud Municipal Office and Civic Reserve Recreation Centre. Final inspection and handover of the final projects will occur in February where the project will reach final completion.

295. Portsea Surf Life Saving Club (150) (150) (300)

MPS is making a $1M contribution to the Portsea Surf Life Saving Club over a 3 year period towards the rebuild of their clubrooms. Works are now 50% complete. The Club has been paid $700k to date. Another payment of $150k was made in December due to the 50% milestone being reached. A further payment of $150k is dependent on 100% construction milestone being reached.

879. Coastal Villages and Neighborhoods Strategy

(99) (185) (300)

Officers are working with the consultant and currently liaising with communities of the Westernport townships. This is to obtain feedback in relation to character and climate change risks. A workshop with Councillors occurred on 4 December 2018. Fieldwork has commenced and will continue throughout the summer with a draft report due in February 2019.

581. The Pillars Preservation (15) (11) (171)

Fence was erected around the in December 2018. Since the fence was erected there have been no parking fines issues and parking on residential streets has reduced considerably as has the amount of rubbish being collected at the site. On days over 25 degrees, drone shots of the area have been taken to monitor usage and these also show less activity.

659. Township Plans (90) (20) (163)

Three Township plans are currently being undertaken including Baxter, Somerville and Balnarring. A Consultant has been appointed for all three plans and fieldwork has commenced. Consultation with the community has been undertaken in all three townships and this has led to the development of a vision and objectives for each township. Councillors considered the draft Baxter Township Plan at the Planning Services Committee meeting on 17 December 2018 and the draft Plan is currently on public exhibition for a four week period. The consultant is currently preparing the draft township plan for Sommerville and Balnarring. A draft of these two centres will be presented to Councillors in March 2019. All three township structure plans are due for completion by June 2019.


12

Project NameActual

YTD FY19 $’000


$’000


FY19 $’000

Project Update

196. Roadside Fire Management Works (145) (145) (145) The original program for 2017/2018 has now been completed. The 2018/2019 program is now

funded from Operating.

609. Local Housing and Settlement Strategy and Implementation

- - (141)

Council resolved to seek authorisation from the Minister to commence amendment C219 to the Mornington Peninsula Planning Scheme. This amendment seeks to implement the recommendations of the Strategy into the Planning Scheme. Council is currently awaiting authorisation from the Minister for which no timeframe was given.

606. Character Assessment and Design Guidelines

(13) (47) (141)

Ethos Urban have been appointed to prepare the strategy and guidelines. A communications plan has been prepared based on stakeholder mapping which has been undertaken recently. Officers are working with Ethos Urban to prepare the first round of public consultation set to commence early February 2019. This consultation will be widespread and will involve listening posts at a number of locations, targeted consultation with community groups, interest groups and youth groups and the broader community.

870. Gunnamatta Surf Life Saving Club Contribution

(134) (134) (134) Works to upgrade changing rooms is now complete with final payment made.

Total (1,642) (2,622) (3,426)

$.7M $6.0M

$35.1M

$3.5M

Cash on call

Funds held on trust

Term deposits invested > 90 days

Term deposits invested < 90 days

Section 1.5 – TreasuryAs detailed below, MPS paid $0.8M in scheduled principal debt repayments during January. Full year principal debt repayments are on schedule, with a budgeted closingposition of $17.7M which includes provision for new borrowings of $5.7M through the year. Interest expense for the full year is forecast at $1.0M with a weighted averageinterest rate of 5.94% (majority of loans commenced 10/15 years ago when borrowing costs were higher), which is offset by forecast interest income of $1.2M.

MPS has $38.6M in term deposits earning an average interest rate of 2.66% (2.65% December). As term deposits mature, funds will be reinvested with longer maturitydates (>90 days) to more efficiently manage the Shire’s funding requirements.

The Shire reviews its treasury position monthly to optimise interest on cash assets. Surplus funds are invested in accordance with Council’s Investment Policy.

Loan maturity categories based on term to maturity at commencement of financial year.

Debt Repayment Schedule (FY19-FY26)Cash Position – January 2018

$’m

13

Cash & Cash Equivalents $45.3m3.8M

3.8M

3.1M

2.2M

1.7M

0.6M0.4M 0.3M

0

2

4

6

8

10

12

14

16

18

FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26

Opening Balance Principal Repaid New Borrowings Closing Balance Opening BalanceBudgeted

Repayments New BorrowingsBudgeted Closing

BalanceLoans Maturing $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'0000 - 5 Years 6,858 837 - 6,021 8,783 (2,709) 615 6,689 > 5 Years 7,089 - - 7,089 7,089 (1,152) 5,065 11,003

13,948 837 - 13,111 15,872 (3,861) 5,680 17,691

January Full Year

Section 2.1 – Income Statement

14

Actual YTD FY19

Approved Forecast


Adopted Budget


Actual YTD FY18


Approved Forecast

Adopted Budget



$'000 $'000 % $'000 % $'000 % $'000 $'000 $'000 %RevenueRates and charges 173,050 172,339 - 171,524 1% 162,108 7% 172,536 171,524 1,012 1%Statutory fees and fines 4,486 4,003 12% 4,003 12% 4,277 5% 6,864 6,864 - -User fees 12,256 12,119 1% 11,786 4% 12,126 1% 19,123 19,077 45 -Grants - operating 11,140 14,990 (26%) 14,252 (22%) 11,730 (5%) 20,954 19,856 1,097 6%Grants - capital 2,461 5,871 (58%) 3,731 (34%) 602 309% 12,300 5,681 6,619 117%Contributions - monetary 5,856 3,733 57% 3,856 52% 2,747 113% 5,203 4,876 327 7%Contributions - non monetary 112 583 (81%) 583 (81%) 463 (76%) 1,000 1,000 - -Other income 2,017 2,046 (1%) 2,046 (1%) 2,359 (14%) 3,252 3,252 - -

Total Revenue 211,376 215,684 (2%) 211,781 (0%) 196,411 8% 241,232 232,131 9,100 4%

ExpenditureEmployee costs 43,678 44,566 2% 44,250 1% 41,543 (5%) 76,815 76,244 (571) (1%)Materials and services 59,446 62,260 5% 58,509 (2%) 53,111 (12%) 105,500 100,020 (5,480) (5%)Depreciation and amortisation 14,092 14,092 - 14,092 - 14,213 1% 28,185 28,185 - -Borrowing costs 543 543 - 543 - 701 23% 1,011 1,011 - -Other expenses 3,460 3,792 9% 3,912 12% 3,164 (9%) 6,455 6,492 37 1%Total Expenditure 121,219 125,252 3% 121,306 - 112,732 (8%) 217,967 211,952 (6,015) (3%)

Total Comprehensive Income 90,157 90,432 - 90,475 - 83,679 8% 23,265 20,180 3,085 15%


Section 2.2 – Balance Sheet

15

Actual YTD FY19

Forecast YTD FY19


Actual June 2018 Movement

Approved Forecast

Adopted Budget


$'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000AssetsCurrent Assets Cash and cash equivalents 45,306 20,731 24,574 67,831 (22,525) 41,477 36,452 5,026 Trade and other receivables 119,941 133,424 (13,483) 13,170 106,771 14,309 12,018 2,291 Inventories 153 153 - 153 - 153 149 5 Non-current assets held for sale 312 338 (26) 338 (26) 338 223 114 Other assets 2,558 3,093 (536) 3,093 (536) 3,093 2,352 741Total Current Assets 168,269 157,739 10,530 84,585 83,684 59,370 51,194 8,176

Non-Current Assets Trade and other receivables 366 366 - 366 - 366 646 (280) Other financial assets 44 44 - 44 - 44 8 36 Property infrastructure plant equip 2,421,265 2,427,033 (5,768) 2,406,399 14,866 2,455,885 2,265,549 190,336 Investment Properties 9,321 9,300 21 9,300 21 9,300 8,514 786 Intangible assets 1,170 1,170 - 1,261 (91) 1,080 1,144 (64)Total Non-Current Assets 2,432,166 2,437,913 (5,747) 2,417,370 14,796 2,466,674 2,275,859 190,815

Total Assets 2,600,435 2,595,653 4,783 2,501,955 98,480 2,526,045 2,327,053 198,991LiabilitiesCurrent Liabilities Trade and other payables 14,812 13,764 (1,048) 18,881 4,069 16,838 13,375 (3,462) Trust funds and deposits 19,462 14,820 (4,642) 4,820 (14,642) 4,820 3,923 (898) Provisions 13,179 12,987 (192) 12,513 (666) 13,460 13,254 (206) Interest-bearing borrowings 1,049 1,602 553 3,749 2,700 2,659 1,873 (786)Total Current Liabilities 48,503 43,174 (5,329) 39,964 (8,538) 37,777 32,425 (5,352)

Non-Current Liabilities Provisions 6,013 6,222 209 6,166 153 6,277 6,253 (24) Interest-bearing borrowings 12,062 12,124 62 12,124 62 15,025 15,818 793Total Non-Current Liabilities 18,075 18,346 271 18,290 215 21,302 22,071 769

Total Liabilities 66,578 61,520 (5,058) 58,255 (8,323) 59,079 54,496 (4,583)Net Assets 2,533,858 2,534,133 (275) 2,443,701 90,157 2,466,965 2,272,557 194,408EquityAccumulated Surplus 1,101,879 1,102,117 (238) 1,011,685 90,195 1,034,949 1,023,535 11,414Reserves 1,431,978 1,432,016 (38) 1,432,016 (38) 1,432,016 1,249,022 182,994

Total Equity 2,533,858 2,534,133 (275) 2,443,701 90,157 2,466,965 2,272,557 194,408

Full Year

Section 2.3 – Cash Flow

16

Actual YTD FY19

Approved Forecast


Approved Forecast

Adopted Budget


$'000 $'000 $'000 $'000 $'000 $'000Cash flows from operating activitiesRates and charges 78,334 61,165 17,169 172,339 171,524 815Statutory fees and fines 4,481 4,003 479 6,864 6,864 -User fees 12,078 13,039 (961) 18,181 19,077 (896)Grants - operating 11,107 14,990 (3,884) 20,954 19,856 1,097Grants - capital 2,461 5,871 (3,411) 12,300 5,681 6,619Contributions - monetary 5,856 3,733 2,123 5,203 4,876 327Interest received 870 712 158 1,221 1,221 -Trust funds and deposits received 1,586 - 1,586 - - -Other receipts 1,255 1,335 (80) 2,032 2,032 -Net GST refund/payment 10,642 10,153 488 18,444 14,949 3,495Employee costs (43,193) (44,037) 844 (75,757) (76,244) 487Materials and services (69,520) (74,114) 4,594 (118,299) (110,022) (8,277)Other payments (3,431) (3,792) 360 (6,455) (6,492) 37Net cash provided by/(used in) operating activities 12,524 (6,941) 19,466 57,026 53,322 3,703

Cash flows from investing activitiesPayments for property infrastructure plant & equipment (32,119) (37,573) 5,455 (84,584) (54,413) (30,171)Proceeds from sale of assets 394 105 289 405 300 105

Net cash provided by/(used in) investing activities (31,724) (37,468) (5,744) (84,178) (54,113) 30,065

Cash flows from financing activitiesFinance Costs (563) (543) (20) (1,011) (1,011) -Proceeds from Borrowings - 615 (615) 5,680 5,680 -Repayment of Borrowings (2,762) (2,762) - (3,869) (3,869) -

Net cash provided by/(used in) financing activities (3,325) (2,690) (635) 799 799 -Net increase/(decrease) in cash & cash equivalents (22,525) (47,099) 24,574 (26,353) 9 (26,362)Cash and cash equivalents at the beginning of the financial year 67,831 67,831 - 67,831 36,444 31,387Cash and cash equivalents at the end of the period 45,306 20,731 (24,574) 41,477 36,453 57,749

Year to Date Full Year

17

Appendix A – Project Listings (Expenditure Only)

Full Year Full YearActual

YTD FY19Approved Forecast

Actual YTD FY19

Approved Forecast

Capital Works (Expenditure) $'000 $'000 Capital Works (Expenditure) $'000 $'00022104. Major Building Renovations 46 666 22520. Public Toilet Strategy Works 46 1,39022105. Major Building Investigations 6 13 22590. Changing Places Public Toilet 106 9822106. Shire Office Refurbishments 460 300 22621. Citation Reserve Rec & Community 830 90722107. Somerville Rec & Community Centre 4,814 8,538 22623. Sports Pavilion Strategy Works 1,684 3,42822108. Rosebud Aquatic Centre 1,964 5,267 22994. Foreshore Electrical Services Works - 1922109. Mornington Community Centre 93 2,259 23025. Plant & Equipment Renewal 67 8022110. Rosebud Youth Hub - 200 23189. Corporate IT Systems Replacement 2,113 3,71622208. Recreation Plant and Equipment 68 265 23527. Library Resources Program 724 89522209. Building Risk Management Works 248 605 23700. Artworks Acquisition 37 3522210. Community Capital Projects 45 72 24028. Black Spot Road Safety Program 223 32022212. Rec Centres Renewal & Improvement 173 838 24029. Guard Rail Renewal and Upgrade 90 9122214. Moderate Renewal Community Facility 46 451 24030. Kerb and Channel Renewal 188 88722215. Rooftop Solar Carbon Neutrality 203 615 24032. Road Bridges and Culverts - 4022217. Child & Family Health Facility 8 360 24033. Roads to Recovery Program 1,348 2,62722313. Minor Building Renewal 772 2,032 24034. Safer Local Roads - 4,00022319. Furniture and Fixture Renewal 3 95 24136. Road Infrastructure Improvements 160 61922419. Kindergarten Strategy Works 76 937 24138. Traffic Transport & Road Safety 1,373 2,75022487. Waterfall Gully Preschool 38 8 24239. Boardwalk Renewal Program 33 150

18

Appendix A – Project Listings (Expenditure Only)

Full Year Full YearActual

YTD FY19Approved Forecast

Actual YTD FY19

Approved Forecast

Capital Works (Expenditure) $'000 $'000 Capital Works (Expenditure) $'000 $'00024241. Footpath Construction Strategy Work 534 2,005 26065. Corporate Signage Renewal 12 2524242. Footpath Renewal Program 711 1,175 26066. Regulatory & Directional Signage 18 5024343. Unmade Car Park Strategy 404 547 26267. Urgent Lighting Requests 4 5024344. Unmade Road Construction - SCS 32 250 26468. Township Streetscape Works 968 3,09524848. Drainage Outfall Improvements 10 267 26469. Rye Township Plan 40 20024849. Drainage Renewal and Urgent Works 879 1,577 26470. Destination Rosebud 1 2624850. Local Integrated Drainage Strategy 1,488 2,580 26520. French St Community Park 13 4725054. Emil Madsen Reserve Master Plan 30 96 26669. Timber Structures Renewal 229 46225056. Netball & Tennis Facilities Renewal 288 1,556 26870. Township Placemaking Improvements 4 13725057. Oval Rehabilitation Program 236 1,554 27071. Briars Management Program 127 16525058. Sporting Fields Capacity Planning 31 31 27099. Briars Improvements 63 12725059. Sports Fields Lighting Program 304 1,894 27277. Rye Foreshore Improvement Works 492 84025061. Recreation Master Plan Works 2,553 6,954 27578. Rye Landfill Cell 3 Construction 62 20625261. Playspace Strategy Implementation 143 802 27586. Landfill Capping Rehabilitation 11 23025266. Skate and BMX Strategy Works - 770 27593. Tyabb Waste Disposal Centre Renewal 30 16625662. Marine Structures Renewal 191 508 28082. Fire Management 2 9425663. Rye Boat Ramp Renewal & Upgrade 1,100 951 Total Capital Expenditure 29,191 75,38925864. Foreshore Camping Ground Works 94 378

19

Appendix A – Project Listings (Expenditure Only)Full Year Full Year

Actual YTD FY19

Approved Forecast

Actual YTD FY19

Approved Forecast

Priority Projects (Expenditure) $'000 $'000 Priority Projects (Expenditure) $'000 $'0006307. Safety Beach Coastal Process Study 26 45 6342. Welcome Bubups to Country Ceremony - 126309. Boat Ramp Sediment Strategy 2017/27 21 73 6343. Energy Efficiency Planning - 556313. Community Houses Feasibility Study 11 53 6344. Kerbside and Public Bin Audits - 316314. Community Facilities Framework 42 60 6345. Sporting Assessment & Stadium Strat 9 906315. Property Management System - 8 6346. Management of High Risk Trees 12 1006317. Responsible Pet Ownership Program - 39 6347. Foreshore Educational Bin Stations - 146321. The Western Port Run 40 80 6348. I Sea, I Care Education Program - 206322. Youth & Teen Mental Health F/Aid 8 25 6349. Sports Capacity Plan - 306323. Conversion of Auto CAD Drawings 4 4 6350. Gender Equality Strategy - 206324. Red Hill Traffic Management Study 18 18 6351. Youth Services Branding - 206326. Pelican Point Mount Eliza Scoping - 5 6352. All Access Training 5 356328. Concept Plan St Johns Woods Road 1 19 6353. Mt Martha Mens Shed - 406329. Shoreham Township Parking Study 5 5 6354. Peninsula Chamber Orchestra Support 16 166330. Street Lighting Bulk LED Upgrade 744 1,553 6355. WW Aboriginal Mens Shed - 346331. Landcare Groups Project Support - 27 6356. Rye Community House Master Plan - 96332. Footpath Data and Video Survey - 105 6357. Merricks Tennis Courts Support - 276333. Kerb and Channel Survey - 55 6358. Gunnamatta SLSC Support 134 1346334. Planning Scheme Review - 80 6359. MP Legacy Club Inc Support - 186335. Patch Panels Standardisation - 10 6360. Rye Seaside Scavenge Festival 8 86336. Microwave Mast Decommission - 16 6361. Devilbend Golf Club Support - 86337. IMPS Migration - 13 6362. Sorrento Foreshore Master Plan - 356338. Mt Eliza Coastal Management Plan - 55 6363. Community Houses Reactivation 97 1636339. Portsea Coastal Management Plan - 55 6364. Large Scale Renewable Energy Projec 97 1006340. Sorrento Parking & Transport Plan - 60 6365. Baby Makes 3 5 126341. Western Sister Master Plan - 30 6367. Integrated Water Management S/Plang 15 90

20


Actual YTD FY19

Approved Forecast

Actual YTD FY19

Approved Forecast

Priority Projects (Expenditure) $'000 $'000 Priority Projects (Expenditure) $'000 $'0006459. Hastings Promotional Fund 16 61 6968. WOL Koolin Balit - Aboriginal Healt 2 186619. Family Violence Project 11 23 6972. Briars Deceased Estate Bequest 7 406637. King St Hastings Master Plan - 11 8340. Roadside Fire Management 145 1456640. Sthn Pen Congestion Mmnt Project 29 25 8501. Mornington Promotional Fund 2015-20 58 1146642. French St Rye, Feasibility Study - 5 8508. WOL - Septic/Waste Water Program 50 896649. Domestic Animal Management Plan - 17 8603. Local Housing and Settlement Strate - 1416650. Privately Owned CCTV Rebates (7) 12 8606. Character Assessment and Design Gui 13 1416651. Rosebud Youth Hub 1 5 8609. Coastal Villages & N'hood Strategy 99 3006653. Warringine Park Precinct Plan - 5 8632. WOL School Focussed 105 2196654. Aboriginal Community Dev Symposium - 5 8633. Balnarring Scout Group - Relocation 2 226679. Rosebud Promotional Fund 2012-19 42 86 8634. Hillview Community Reserve M/Plan - 506680. Mt Eliza Promotional Fund 2012-19 14 59 8635. Flinders WW1 Memorial Restoration - 66915. Men's Sheds 3 11 8636. MCH Clinical Supervision & Trauma 2 26926. Parking Precinct Plans 19 75 8642. Sorrento Promotional Fund SCS 14-18 54 1966948. Portsea SLS Club Redevelopment 150 300 8646. Provision - Matching Grant Funding - 1006953. Fire & Emergency Management Capably - 17 8656. Biodiversity on Ground Actions 35 396954. Childsafe Legislation Compliance 34 101 8663. Corridors of Green Grant 2018/19 142 2786955. Carbon Neutrality (PV/Solar Cells) 252 378 8674. Biodiversity Action Plan Modelling - 286958. WOL Inclusive Arts Program 25 30 8679. Heritage Review - Area 2 - 306959. WOL Mosquito Surveillance Program - 15 8726. Dromana Activity Centre Structure P - 226961. WOL HACC PYP Minor Capital 10 91 8732. Climate Change Community Engagement - 456962. WOL Artist Curator Residence Progra - 1 8759. WOL Equipment Pilot - 86965. Fire & Emergency Management - Risk - 20 8761. M/ton Peninsula Branded Produce - 306966. Township Plans 90 163 8789. Biodiversity Action Plan Implementa 13 616967. Restoring Coast Banksia Woodland 36 77 8791. Foreshore Camping Strategic Plan 17 23

21


Actual YTD FY19

Approved Forecast

Actual YTD FY19

Approved Forecast

Priority Projects (Expenditure) $'000 $'000 Priority Projects (Expenditure) $'000 $'0008799. Ranelagh Conservation Man Plan Impl - 10 8949. MPRG Podcast Project 2 48803. WOL FREEZA (D&A Free Entertainment) 38 50 8962. WOL Walk To School 9 128804. Communities That Care Student Surve - 30 8966. WOL EPA Research Dumping - 188811. WOL Universal Access Planning & Cha - 9 8975. Training for CTC Groups & Committee - 68829. WOL Local Landcare Facil Initiative 30 51 8993. Tjaegan Wilson-Blow Reconcil Award - 18847. Peninsula Planning Statement 2 39 K530. Briars Homestead Heritage Works 5 58849. Tootgarook Wetland Management Plan 35 131 V907. Boat Ramp Dredging - 608852. Coastal Geotechnical Risk Assessmen - 27 W104. Living Rivers Projects (Melb Water) 1 118854. Marine Industrial Precinct Zone 16 40 W118. Corporate Water Con - Program 5 178863. Climate Adaption Plan Priorities 7 82 X083. Arthurs Seat Escarpment Weed Mgt 34 608877. WOL Smalltalk Program - 10 X086. Kackeraboite Crk Stage 2 4 188878. WOL Willum Warrain - 29 X097. Roadside Weeds + Pest Management Pg - 288899. WOL Schoolies Week Project 2 21 X301. Veg Offset Bungower Rd 33 468902. Tyabb Airfield Precinct Plan 30 80 X302. Veg Offset Norfolk Reserve 5 78909. Bay Trails and Strat Network Paths - 45 X303. Veg Offset The Eyrie 2 88918. Community Playgroup Initiative 3 9 X304. Veg Offset Buxton Reserve 7 108920. Access & Equity Policy Implementati - 5 Z062. Coastal Risk Mitigation 14 288923. Pt Nepean Rd Streetscape Design 7 50 Z072. Coastal Vegetation Management 29 508924. Heritage Review Blairgowrie-Portsea 45 71 Z084. Hastings Boat Ramp Master Plan 1 448925. Mt Martha Coastal Management Plan 28 33 Total Priority Projects Expenditure 3,198 8,8818926. Hastings Foreshore Landscape M/Plan - 238932. The Pillars Preservation 15 1718935. MPRG Redevelopment Plan - 438939. Shire Strategic Plan 2017-2020 - 208948. WOL Peninsula Pride 2 15

monthly finance report - mornpen.vic.gov.au

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