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 developing the Neerabup industrial estate, Yanchep Surf Life Saving Club, Flynn Drive upgrade, Yanchep district playing fields and sports amenities building, Quinns Rocks coastal management works, developing a passive park at Picnic Cove in Yanchep, Butler North District Open Space master plan, Riverlink Park in Clarkson and the new Two Rocks fire station building.
Deferral of the playing fields was attributed to planting being rescheduled to the 2017 winter season and additional user group consultation caused the sports amenities building commencement to be rescheduled.
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.
The City’s 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 previously.
“While 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.
Councillors voted to adopt the review at the March meeting.