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We want to hear from you!
Council is currently reviewing the 10-year Asset Plan and Financial Plan and we need your input to help shape these documents and ensure they meet the needs of our community.
Background
What is the 10-year Asset Plan?
Council is responsible for managing more than $1.3 billion worth of assets for our community.
An Asset Plan outlines the financial and technical elements for managing assets so we can make sure the community has access to what they need over the next 10 years.
Asset Plans form part of the required strategic plans that all councils must deliver under the Local Government Act.
Asset by Value
Our Asset Plan will contain six smaller plans, each covering a specific type of asset:
Roads
Buildings
Bridges
Drainage
Paths
Open space
Each of these plans will include information about predicted funding requirements, maintenance, renewal, acquisition/ purchase, expansion, upgrade, disposal and decommissioning for the specific class of infrastructure.
What is the Long-Term Financial Plan?
The Long-Term Financial Plan is different from the annual budget. It tells us how we will resource the community’s needs and aspirations over the next 10 years. By matching this plan with the Wellington 2030Community Vision and the Asset Plan, Council can plan, manage, and communicate its future objectives in a financially sustainable way.
What is Wellington Shire Council’s financial position?
Council is in a good financial position despite the Victorian State Government's Rating Cap, which limits funding for councils.
Council is committed to a range of long-term strategic projects which will require a mixture of Council and co-funding over the next decade.
Large investment will also be needed for infrastructure maintenance and new capital works, such as the Aqua Energy redevelopment, upgrading community infrastructure facilities and the construction of drainage infrastructure required to support housing growth and new estates.
Income by Type
Expense by Type
Every $100 Spent
Every $100 spent by Wellington Shire Council is spilt up and spent proportionally on the below priorities.
Why is Council updating the 10-year Asset Plan and Financial Plan?
These two plans will help to;
Deliver the community aspirations within the Wellington 2030 Community Vision.
Meet the needs and expectations of the community
Working within the rate capping environment
Ensure that each generation contributes to the cost of maintaining assets.
Set targets for Council’s budget to ensure we maintain our financial sustainability.
Set appropriate levels of debt
How to have your say
You can get involved by reading the one-page Asset Plans for each asset type (see the link in the document library) and:
Be sent the details for our online and in person consultation sessions so you can have a more involved conversation about the Asset Plan or Financial Plan.
Contact Bodye Darvill, Coordinator Council Plan Engagement for more information or assistance by calling 5142 3082 or emailing bodyed@wellington.vic.gov.au.
What happens next?
Once you have registered and provided your feedback through the survey or by attending a consultation session, we will collect, review and analyse the feedback received and provide you with a summary/ report on what we heard and how we are using your input, comments and ideas.
The Key Dates section in the sidebar on the right gives a more detailed breakdown of next steps.
We want to hear from you!
Council is currently reviewing the 10-year Asset Plan and Financial Plan and we need your input to help shape these documents and ensure they meet the needs of our community.
Background
What is the 10-year Asset Plan?
Council is responsible for managing more than $1.3 billion worth of assets for our community.
An Asset Plan outlines the financial and technical elements for managing assets so we can make sure the community has access to what they need over the next 10 years.
Asset Plans form part of the required strategic plans that all councils must deliver under the Local Government Act.
Asset by Value
Our Asset Plan will contain six smaller plans, each covering a specific type of asset:
Roads
Buildings
Bridges
Drainage
Paths
Open space
Each of these plans will include information about predicted funding requirements, maintenance, renewal, acquisition/ purchase, expansion, upgrade, disposal and decommissioning for the specific class of infrastructure.
What is the Long-Term Financial Plan?
The Long-Term Financial Plan is different from the annual budget. It tells us how we will resource the community’s needs and aspirations over the next 10 years. By matching this plan with the Wellington 2030Community Vision and the Asset Plan, Council can plan, manage, and communicate its future objectives in a financially sustainable way.
What is Wellington Shire Council’s financial position?
Council is in a good financial position despite the Victorian State Government's Rating Cap, which limits funding for councils.
Council is committed to a range of long-term strategic projects which will require a mixture of Council and co-funding over the next decade.
Large investment will also be needed for infrastructure maintenance and new capital works, such as the Aqua Energy redevelopment, upgrading community infrastructure facilities and the construction of drainage infrastructure required to support housing growth and new estates.
Income by Type
Expense by Type
Every $100 Spent
Every $100 spent by Wellington Shire Council is spilt up and spent proportionally on the below priorities.
Why is Council updating the 10-year Asset Plan and Financial Plan?
These two plans will help to;
Deliver the community aspirations within the Wellington 2030 Community Vision.
Meet the needs and expectations of the community
Working within the rate capping environment
Ensure that each generation contributes to the cost of maintaining assets.
Set targets for Council’s budget to ensure we maintain our financial sustainability.
Set appropriate levels of debt
How to have your say
You can get involved by reading the one-page Asset Plans for each asset type (see the link in the document library) and:
Be sent the details for our online and in person consultation sessions so you can have a more involved conversation about the Asset Plan or Financial Plan.
Contact Bodye Darvill, Coordinator Council Plan Engagement for more information or assistance by calling 5142 3082 or emailing bodyed@wellington.vic.gov.au.
What happens next?
Once you have registered and provided your feedback through the survey or by attending a consultation session, we will collect, review and analyse the feedback received and provide you with a summary/ report on what we heard and how we are using your input, comments and ideas.
The Key Dates section in the sidebar on the right gives a more detailed breakdown of next steps.
