<< back to Annual Plan 2005/2006 Index

HIGHLIGHTS 2005/2006
There are no seal extensions programmed for 2005/2006, however extensive kerb and channel work will be done in Ludstone Road.  Footpath and Streetlight upgrades commenced in 2005 and there is likely to be some carry forward of this work to the 2006 financial year. 

VARIATION FROM LTCCP
The LTCCP had provided for some seal extension work in 2006, however as the proposed work was unsubsidised and the requirement to be funded from rates proved too high, this work has been deferred.

                                                                     LTCCP        Annual Plan
                                                                       2006                    2006
Operating Expenses  
Roads  
Operations                                                393,559               418,722
Loan Interest                                               33,855                 34,635
Depreciation                                              365,405               365,211
                                                                  792,820               818,568
Footpaths  
Operations                                                  19,688                 14,914
Loan Interest                                               28,080                 31,044
Depreciation                                                33,600                 33,583
                                                                    81,369                 79,541
Streetlights  
Operations                                                  36,988                 34,914
Loan Interest                                               14,400                 15,920
Depreciation                                                21,000                 20,989
                                                                    72,388                 71,823
  
Total Operating Expenses                         946,577               969,933
  
Funded by:  
Subsidies                                                  343,233               327,648
                                                                  343,233               327,648
  
Operating Surplus/(Deficit)                      -603,344              -642,285
  
Capital Expenditure  
Roads                                                       358,900                320,000
Footpaths                                                   20,000                  21,342
Streetlights                                                           -                           -
Loan Principal                                             44,280                  42,721
                                                                 423,180                384,063
  
Other Revenue:  
General Rates                                          606,519                586,565
Reserves                                                             -                  20,000
Loans                                                                   -                           -
                                                                  606,519               606,565
  
BALANCE (DEPRECIATION)                     -420,006             -419,783

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