City of Stirling Corporate Business Plan

INFORMING STRATEGIES & PLANS

City of Stirling 2022/23 Budget The City of Stirling’s 2022/23 Budget has been developed congruent with the State Government’s Integrated Planning and Reporting Framework and incorporates services, projects and programs identified to continue, commence, or be finalised during the year.

Long-term financial sustainability is the key objective of the City’s financial plan and annual budget. With careful planning, the community can be assured that the City has the financial resources to achieve the objectives set out in the Corporate Business Plan. The City continues to be in a solid financial position, remaining debt free, with its finances aligned to strategic priorities. During 2022/23, the City will spend significant funds on the maintenance and improvement of its infrastructure.

This includes: • $18.6 million on roads, drainage and footpaths • $2.9 million on Rights of Way

• $19.2 million of capital building works • $12.9 million on parks and reserves.

The City has been conducting service reviews, challenging itself as an organisation to ensure the City operates cost effectively and efficiently and provides the best possible services to ratepayers and the community. These ongoing reviews will ensure that the City continues to respond to our community’s changing needs

Overview The City of Stirling is the largest local government in Western Australia based on population, revenue and expenditure. During 2022/23 the City has a balanced as detailed below. Where we collect the money from $million Rates 150.9 Operating revenue 99.3 Capital grants 13.1 Proceeds from disposal of assets 1.7 Revenue 265.0 Where we spend the money $million Operating expenditure excluding non-cash amounts (205.5) Capital expenditure (50.0) Carry forward capital works (32.5) Expenditure (288) Reserves, town planning scheme and trust monies movement $million Transfers from reserves 10.1 Transfers to reserves (23.0) Net movement (12.9) Estimated opening funds 35.9 Opening Funds 28.4 Balanced budget 0.0

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