Annual Report 2017/18 Presentation 25 October 2018 Where did we - PowerPoint PPT Presentation

Annual Report 2017/18 – Presentation 25 October 2018

Where did we begin? Long-term Plan 2015-2025 Elections Oct 2016 Vision 2030 Refresh Being clear about our strengths and opportunities allows us to be specific about our focus and to identify priorities that will give us the greatest impact and will support our progress towards Rotorua 2030. Lakes, Rural and Te Tatau members part of committee decision making Annual Plan 2017/18 (year 3)

What we committed to……

• Transformational projects • Crystallised and defined through the year • Partnerships forged

Financial framework 2017/18 Revenue -$121.3 m Operating expenditure - $107.5 Capital investment - $47 m ($22.5 m LoS; 24.5 m renewal) Borrowing – increase of $7.4 m

Reflections of the year -what have we achieved?

Developed RLC’s first Spatial Plan – a plan for how the city and district will grow, develop and change over a time

Te Manawa

Te Aka Mauri The creation of Te Aka Mauri represents a national first, if not a global first, in that it successfully co- locates Rotorua’s library service with the local DHB’s children’s health hub.

Housing accord • Special housing area policy created • Housing accord signed • Medium growth district - recognised

PGF funding $811,000 granted to complete business case and detail design for Lakefront Development and Whakarewarewa Forest Development

Museum redevelopment • Detailed seismic assessment undertaken to establish quantum of work required to strengthen building • Museum runs operations “beyond the walls ” • A innovative way to delivering services during its closure • Ongoing work to secure funding

Roading networks/NZTA Progress with design and consultation for • Sala Street to Old Taupo Road • Sala Street to Tarawera Road

Aquatic Centre New management arrangement to improve services to community partnering with Community Leisure Management (CLM) to manage the Rotorua Aquatic Centre.

Rotoiti/Rotoma sewerage scheme

SHMPAC Seismic assessment completed Concept designs created

Rotorua Reorua | Bilingual Rotorua

Sports facility funding – rugby, hockey, netball, soccer

Working in a different way…… Long term Plan 2018-2028 engagement

Partners investment Council Partnered Funding $40m $193m

Measuring service level performance

The challenges we have faced……  Flood events – January and April 2018  Aquatic Centre Management  Electricity pricing  Night shelter/homelessness  LGOIMA  PC10  Landfill abatement notices/infringement  Construction industry pressures - resourcing and timing of our projects  Mudtopia

How did the year finish up?

Where did our money come from?

Where was the money spent?

How does this compare against last year?

Capital investment • Actual spend $51.3 m vs budget $47 m

Partners investment Council Partnered Funding $40m $193m

Borrowing • Borrowings have increased by $21 million from prior year to $189.7 million. • Budgeted borrowing - $7.4 m • Increased borrowing the result of the challenges and the additional capital spend

Questions