Agenda of Ordinary Meeting of Council

Report submitted to the Ordinary Meeting of Council on Monday 26 April 2021

RP-1

Reports from Staff

RP-1 DA20/0774 - Change of Use to Centre Based childcare facility (60 places) including associated alterations and additions, signage, landscaping and boundary fencing AT 133 PETER STREET, WAGGA WAGGA

Author: Paul O'Brien

General Manager: Peter Thompson

Summary:

The report is for a development application and is presented to Council for determination. The application has been referred to Council under Section 1.11 of the Wagga Wagga Development Control Plan 2010 (DCP) as the application includes a variation to a control and to which a submission has been received.

It is proposed to vary the off-street parking control requirement under Clause 2.2. This control requires 15 off-street parking spaces whereas the development proposes 5.

The details of the submission and justification for the required variation are contained within the attached Section 4.15 Assessment Report.

The application was originally reported to Council on 22 March 2021. The matter was deferred “to allow further consultation with the applicant in relation to parking considerations.”

The applicants have sought to establish three short-stay (10 minutes) parking bays on Peter Street to enable the safe drop-off and collection of children at the child care centre. The three bays are adjacent to the main entry and will be timed during the peak hour drop off and collection times of 7.30-9.30am and 3.30-6pm. The proposed signs and road markings for the spaces are required to be endorsed by Traffic Committee.

An updated traffic report with supporting advice letter regarding the timed parking spaces and an updated Plan of Management have been prepared in response to the matters raised at the Council meeting of 22 March 2021. Additional information and supporting documents are included with this report.

The attached s4.15 Assessment Report has also been updated.

Recommendation

That Council approve DA20/0774 for Change of Use to Centre Based childcare facility (60 places) including associated alterations and additions, signage, landscaping and boundary fencing at 133 Peter Street, Wagga Wagga NSW 2650 subject to the conditions outlined in the Section 4.15 Assessment Report.

Development Application Details

Applicant	Exceeding Pty Ltd
Owner	Robert Leslie Davies, Thomas John Davies, (Directors) Arockette Pty Ltd & Kenzala Pty Ltd
Development Cost	$275,000
Development Description	Change of Use to Centre Based childcare facility

Report

Key Issues

Variation to DCP Control Clause 2.2 - Off street parking - the control requires 15 off street parking spaces and five spaces are proposed.

Site Location

The site is located on the eastern side of Peter Street, it is uniform in shape extending to 1012sq.m. There is an existing commercial premises on site with rear lane access and parking to Tongaboo Lane.

Assessment

The application is for a change of use from an existing commercial premises within the commercial core to a child care facility accommodating a maximum of 60 children. The use is one that is permitted with consent in the B3 (commercial core) zone.

The development requires minor alterations and additions to the premises and includes significant landscaping throughout the site. The proposed works are to ensure that the centre complies with the applicable national regulations and guidelines for child care centres and includes items such as minimum indoor and outdoor play spaces.

As a result of the proposed works two existing car parking spaces to the side of the building will be removed. Five car parking spaces are to be laid out at the rear of the site and these will be accessed from Tongaboo Lane.

There is a shortfall of parking on site, a variation has been requested and justified by the applicant and is summarised below:

· The alterations and additions proposed as part of this application limits the availability of on-site parking given the building envelope is to be retained in addition to the provision of indoor and outdoor play areas required by the Education Regulations

· The reliance of on-street parking for visitors and alternative transport arrangements for staff is considered to be a superior outcome as opposed to dominating the subject site with hard paved areas (as is existing).

· The provision of high quality landscaping throughout the site and reduced parking will ensure the character of the built form and surrounding locality will be retained.

· The proposal will remove the existing driveway from Peter Street and will therefore afford the public domain an additional on-street parking space.

· The creation and subsequent use of three 10 minutes time-limited parking spaces on Peter Street allows for the safe drop off and collection of children directly adjacent to the main entrance.

· The subject site is located within the Commercial Core which will also encourage dual purpose trips either to nearby work places or to the various retail, commercial, community and recreational facilities within close proximity to the site.

· All day parking is available on Tarcutta Street which is a 600 metres walk from the centre and staff will be encouraged to utilise such all-day parking options. Parents working within the CBD in proximity to this centre are also likely to walk from such an all-day parking area with a child. Pram parking areas are provided to specifically cater for such drop-offs.

· The site is readily accessible by foot to the surrounding residential neighbourhoods and purposely includes a pram storage area for those choosing to walk to the centre.

In addition to the above points both the LEP and DCP include controls that support the primacy of the commercial core and encourage developments that are accessible by different modes of transport. The centre is within the commercial core of the city and is anticipated to attract children of working parents who are anticipated to park in alternate locations within the CBD and walk to the premises.

Visitors to a childcare centre tend to spend no more than ten minutes dropping off a child/children into the centre. The application therefore includes a proposal to nominate three on street parking spaces as timed 10-minute parking spaces for peak drop-off and pick up times only. The proposed 10-minute time-limited parking spaces assist in addressing the shortfall of on-site parking provision for parents dropping off children at the centre. A management plan that has been prepared for the centre identifies that staff will monitor and marshal the use of these spaces each morning and afternoon.

Meeting car parking requirements in the CBD is not a problem exclusive to this development. Strict application of parking controls would effectively preclude any reasonable development on sites such as this close to the commercial core. The zoning of the land B3 - Commercial Core in itself implies that development of the land, from its historic residential use, to commercial uses is desired and anticipated. Therefore, to support the use of the land for its intended purposes under the WWLEP 2010, irrespective of the proposed development, some variation to parking requirements is likely to be required. The variation to parking is therefore supported.

The centre will open between the hours of 6am and 6pm Mondays to Saturdays with any use of the outdoor areas restricted prior to 7am. These hours are comparable to many other approved centres and entirely suitable within the central area. Proposed boundary fencing and landscaping will complement the existing property and add character to the streetscape.

One submission has been received to the development and this has been detailed and addressed within the attached s4.15 assessment report.

The childcare centre is not anticipated to result in any detrimental impacts to the surrounding locality or streetscape and is recommended for approval subject to conditions that are outlined in the attached report.

Reasons for Approval

1. The proposed development is consistent with the provisions of the State Environmental Planning Policy (Educational Establishments and Child Care Facilities) 2017;

2. The proposed development is consistent with the provisions of the Wagga Wagga Local Environmental Plan 2010;

3. The applicable objectives of Sections 2 and 12 of the DCP are satisfied by the proposed development;

4. The proposed variation to the off-street parking pursuant to Clause 2.2 of the DCP has been justified;

5. Three time limited short stay (ten minutes) car parking spaces are to be created to the front of the centre to assist in the management of safe drop off and collection of children;

6. The proposed child care centre in the B3 Commercial Core zone helps to ensure the ongoing primacy and vibrancy of the Wagga Wagga Central Business District.

7. For the abovementioned reasons it is considered to be in the public interest to approve this development application.

Financial Implications

N/A

Policy

Wagga Wagga Local Environmental Plan 2010

Wagga Wagga Development Control Plan 2010

Link to Strategic Plan

The Environment

Objective: We plan for the growth of the city

Outcome: We have sustainable urban development

Risk Management Issues for Council

Refusal of the application may result in an appeal process in the Land and Environment Court which will have to be defended by Council. The reasons for refusal will have to be justified and withstand scrutiny and cross examination in Court.

Approval of the application is not considered to raise risk management issues for Council as the proposed development is generally consistent with LEP and DCP controls and the proposed variation has been fully assessed and justified.

Internal / External Consultation

Full details of the consultation that was carried out as part of the development application assessment is contained in the attached s4.15 Report.

Mail

Media

Community Engagement

Digital

Rates notices insert

Direct mail

Letterbox drop

Council news story

Council News advert

Media releases

TV/radio advertising

One-on-one meetings

Your Say website

Community meetings

Stakeholder workshops

Drop-in sessions

Surveys and feedback forms

Social media

Email newsletters

Website

Digital advertising

TIER

Consult

Involve

Collaborate

Attachments

1.	DA20/0774 - s4.15 Assessment Report - Provided under separate cover
2 .	DA20/0774 - Plans - Provided under separate cover
3 .	DA20/0774 - Statement of Environmental Effects - Provided under separate cover
4 .	DA20/0774 - Amended Traffic and Parking Assessment & Letter of Advice - Provided under separate cover
5 .	DA20/0774 - Noise Impact Assessment - Provided under separate cover
6 .	DA20/0774 - Plan of Management - Revised - Provided under separate cover
7 .	DA20/0774 - Redacted Submission - Provided under separate cover

Report submitted to the Ordinary Meeting of Council on Monday 26 April 2021

RP-2

RP-2 Planning Proposal (LEP20/0002) to amend Wagga Wagga Local Environmental Plan 2010 land zoning, minimum lot size and urban release area provisions for land located on Old Narrandera Road and River Road, Gobbagombalin

Author: Crystal Atkinson

Director: Michael Keys

Summary:

At the Ordinary Meeting of Council on 10 August 2020, Council resolved to support a planning proposal and seek Gateway Determination from NSW Department of Planning, Industry and Environment.

The planning proposal sought to amend land zoning, minimum lot size and urban release area provisions for land located on Old Narrandera Road and River Road, Gobbagombalin.

Council received a Gateway Determination from the NSW Department of Planning, Industry and Environment on 21 October 2020 to proceed with the above-mentioned planning proposal subject to public exhibition.

The planning proposal and associated Wagga Wagga Development Control Plan were placed on exhibition from 6 February to 20 March 2021 (inclusive).

The purpose of this report is to provide feedback on the public consultation and submissions received. The report also requests adoption and gazettal of the amendment to the Wagga Wagga Local Environmental Plan 2010 and adoption of the amendment to the Wagga Wagga Development Control Plan 2010.

Recommendation

That Council:

a note the results of the public exhibition for planning proposal LEP20/0002

b adopt planning proposal LEP20/0002 (as exhibited) to amend Wagga Wagga Local Environmental Plan 2010

c gazette the plan and notify landowners and NSW Department of Planning, Industry and Environment of the decision

d adopt the amendment to the Wagga Wagga Development Control Plan 2010 and provide notification of the adoption in the local paper

Application details

Submitted proposal:	Amendment to Wagga Wagga Local Environmental Plan 2010 (LEP20/0002) to change land zoning, minimum lot size and urban release area provisions for land on Old Narrandera Road and River Road, Gobbagombalin
Applicant:	Salvestro Planning
Land Owners:	Refer to confidential cover

Proposal

Council is in receipt of an application to amend the Wagga Wagga Local Environmental Plan 2010 (LEP) to:

1. Rezone land from RU1 Primary Production to R1 General Residential

2. Remove minimum lot size provisions

3. Introduce an urban release area

4. Incorporate provisions for a neighbourhood centre B2 Local Centre

The purpose of the planning proposal is to provide an additional urban release area within the city to accommodate growth. The area is a direct extension of the existing northern growth area of Estella, Boorooma and Gobbagombalin. This site is currently zoned and used for agricultural purposes.

The proposal area is approximately 60 hectares and will create an opportunity for approximately 750 additional residential lots supported by recreation and commercial opportunities.

The proposed changes seek to reflect the outcomes shown in Figure 1.

Figure 1 – Indicative Master Plan

In response, an addendum was prepared to apply a SP2 Gas Transmission and Distribution zone across the high-pressure gas pipeline corridor.

The proposed changes will be achieved by amending the land zoning, minimum lot size and urban release area maps as identified in figures 2, 3 and 4 below.

Figure 2 – Proposed land zoning changes

Figure 3 – Proposed minimum lot size changes

Figure 4 – Proposed urban release area changes

Site and Locality

The site is located south of Old Narrandera Road and is a direct extension of the existing northern growth areas. The site is a logical southern extension of the northern growth area with access to infrastructure. The site’s location is shown in Figure 5.

Figure 5 – Site location

Gateway Determination

The NSW Department of Planning, Industry and Environment issued a Gateway Determination for the planning proposal subject to public exhibition. A copy of the Gateway Determination is provided as attachment 1.

Public Exhibition

The planning proposal (attachment 2), Development Control Plan amendment (attachment 3) and accompanying exhibition material were placed on public exhibition from 6 February to 20 March 2021 (inclusive).

During the exhibition period, six submissions were received including one from APA Group and Transport for NSW. A summary of the key issues raised in the submissions and a response is provided under Internal / External Consultation section below.

Financial Implications

The application was lodged during the 2019/20 financial year and attracted an application fee of $40,000 in accordance with Council’s Fees and Charges Policy.

Prior to any future development, the proponent will be required to prepare a staging and servicing plans to inform further changes to the Wagga Wagga Development Control Plan 2010. These changes will be exhibited alongside amendments to Council’s contributions plans to ensure contributions are appropriate and support future development.

Policy and Legislation

Environmental Planning and Assessment Act 1979

Wagga Wagga Local Environmental Plan 2010

Link to Strategic Plan

The Environment

Objective: We plan for the growth of the city

Outcome: We have sustainable urban development

Risk Management Issues for Council

The planning proposal was subject to public consultation where minimal objections were received against the proposal. The consultation shows a general level of support from nearby landowners.

The objections from adjoining neighbours primarily related to traffic concerns and a loss of views/amenity from the resulting development of the land. Council is in the process of undertaking traffic modelling to inform the design of the Old Narrandera Road / Pine Gully Road intersection. This design will facilitate existing and proposed traffic movements.

Council is currently designing the intersection upgrade for Old Narrandera Road/Pine Gully Road. This design will facilitate existing and proposed traffic movements.

Council’s engineering and traffic department, as well as Transport for NSW have reviewed the recommendations of the report from a traffic perspective and an urban design report was previously prepared for the site, which addressed key development outcomes sought by the amendment. Further consideration of these matters will be required as part of any subsequent development application submitted for the land.

Internal / External Consultation

The planning proposal was placed on public exhibition between 6 February and 20 March 2021 (inclusive) with engagement as per the table below:

Mail

Media

Community Engagement

Digital

Rates notices insert

Direct mail

Letterbox drop

Council news story

Council News advert

Media releases

TV/radio advertising

One-on-one meetings

Your Say website

Community meetings

Stakeholder workshops

Drop-in sessions

Surveys and feedback forms

Social media

Email newsletters

Website

Digital advertising

TIER

Consult

The planning proposal and accompanying exhibition material were made available for viewing by the public on Council’s website and at Council’s Customer Service Counter in the Civic Centre between 6 February and 20 March 2021. Notices were provided to affected and adjoining landowners.

During the public exhibition period, nine submissions were received. The submissions are provided as Attachment 4.

A summary of the submissions and Council Officer response is provided below:

Submission

Officer Response

No. 1

i. APA Group does not object to the proposed amendment to either the LEP or the DCP subject to the following comments:

ii. APA supports the proposed SP2 Infrastructure zoning of APA’s pipeline easement provided APA’s easement rights are retained and not impinged upon.

iii. APA seeks a minor amendment to the SP2 Infrastructure zoning annotation on the proposed Land Zoning Map (LZN_003C) from “SP2 Gas Transmission and Distribution” to “SP2 Gas Transmission” to reflect the High Pressure Gas Transmission Pipeline infrastructure.

iv. APA supports the indicative Master Plan for the site as it supports APA’s preferred approach for the pipeline easement to be treated as a linear open space corridor whilst providing significant open space, attractive landscaping (within easement guidelines) and active travel.

v. APA supports the proposed amendment to the WWDCP provisions to include specific pipeline planning controls.

vi. APA recommends the Safety Management Study (SMS) be undertaken prior to a future Development Application for the site being lodged with Council so that any changes can be incorporated into the overall design.

Noted. See below for further details.

The proposed amendment to both the LEP and DCP will not alter existing easement access arrangements.

Noted.

The map annotation will be adjusted for the SP2 Infrastructure zone consistent with the request of APA Group. This annotation will now read “SP2 Gas Transmission”.

Noted.

No further changes required.

Noted.

No further changes required.

The applicant will be required to prepare a Safety Management Study in accordance with Control (C1) of Section 2.8 of the Wagga Wagga Development Control Plan 2010.

No. 2

i. No objection is raised to the proposed rezoning of the subject site.

ii. The existing transportation network has capacity to manage the increased traffic, taking into consideration that alternative modes of transport, including cycleways and walkways will be established as part of an overall integrated movement strategy.

iii. A large proportion of the generated traffic will travel via the intersection of Old Narrandera Road and the Olympic Highway for access to south of the Murrumbidgee River. Contributions towards funding the upgrade of this intersection should be required.

iv. Support the closure of the current intersection of River Road with Old Narrandera Road and subsequent realignment of River Road to connect with Pine Gully Road. Council should consider safe intersection treatment for the new intersection. As a minimum, the intersection should be in accordance with the Austroads Guide to Road Design for the current speed zone and should be designed for the swept path of the largest vehicle.

v. The provision of a buffer along the frontage of the study area to the Olympic Highway is to be implemented to address visual amenity issues and to minimise distraction and interruption to the motorists on the highway. In order to achieve the benefits of a plantation buffer strip it should be established in advance of any nearby subdivision.

vi. Residential dwellings should be designed and constructed such that road traffic noise from the Olympic Highway is mitigated by durable materials, in accordance with the Environmental Protection Authority (EPA) criteria ‘The Environmental Criteria for Road Traffic Noise’. Where EPA external noise criteria would not practically or reasonably be met, Council should apply internal noise objectives for all habitable rooms under ventilated conditions.

Noted.

Further consideration of DCP controls and contributions will be completed prior to exhibition and consultation.

Work is currently being completed on the design of the intersection of Pine Gully Road, Old Narrandera Road and River Road.

Noted. Further work is to be done to develop DCP controls for the subject site. Buffers and planting will form part of the controls in response to comments received.

Noted. Further work is to be done to develop DCP controls for the subject site. Noise criteria will form part of the controls in response to comments received.

The current DCP contains provisions to enable Council to condition attenuation measures to achieve acoustic privacy for dwellings located close to Highways. Noise studies, if required, can be requested at the time of lodging a development application to determine appropriate attenuation measures.

No. 3

i. If water supply is to be provided by town water supply, Natural Resources Access Regulator recommend the ability to supply this volume be demonstrated at the Planning Proposal stage to ensure viable supply be available.

ii. If the proponent is considering accessing an on-site supply or piping water to the site from an off-site licence source, it would be recommended to demonstrate the ability to do so at the planning proposal stage. This would need to demonstrate the availability of water of adequate quality and quantity, the ability to obtain sufficient water entitlement to account for the water take, an impact assessment to meet the relevant access and trading rules of the water management act and water sharing plan, and relevant agreements if necessary where other parties are involved. Where the proponent is not Council, they would need to contact Water NSW to consider this further.

iii. Development close to watercourses will need to ensure vegetated buffers are retained in accordance with the Guidelines for Controlled Activities on Waterfront Land.

iv. It is expected flooding issues would be addressed by Council.

Noted. Discussions have occurred with Riverina Water County Council on the availability of water resources to support the growing population. Water resources for this development are adequate.

Noted. Further discussions are occurring to determine appropriateness of a private water supply scheme. Water NSW will be involved in discussions if this a private water scheme is to progress.

Town water supply will be the default supply whilst there are further discussions on alternative supply systems. This will be subject to separate application and approval by Council and the Natural Resources Access Regulator.

Noted. Further work is to be done to develop DCP controls for the subject site. Vegetated buffers will form part of the controls in response to comments received.

Correct, flooding has been a key consideration in determining zone boundaries in accordance with the Wagga Wagga Flood Risk Management Plan and Study 2018.

No. 4

i. Following a review of the proposal it is noted that the current access from Narrandera Road onto River Avenue is to be closed and a new access constructed near Pine Gully through the residential area.

Have significant concerns regarding the design of the proposed access including:

o There is a need to maintain access for current agricultural landowners, including provision for heavy vehicles, horse floats and delivery trucks;

o The area is flood prone and it is vital that a reliable and easy access road is available to evacuate stock and other equipment; and

o To reduce traffic problems, the new road needs to be constructed wide enough to accommodate the variety of vehicles that will use it, thereby providing convenience for current landholders and safety for future residents.

Matters regarding traffic are noted and have been investigated by Council’s traffic engineer, as well as Transport for NSW.

As a result of existing and proposed development, upgrades to Pine Gully Road and the intersection of Pine Gully Road and Old Narrandera Road have been identified in Council’s infrastructure contribution plan.

Specifically, traffic modelling is being undertaken to determine appropriate intersection treatments for this intersection. In addition to support traffic control and safety, it is proposed permanently close the existing River Road access due to safety concerns with its close proximity to the Olympic Highway and existing sight distance issues.

Existing access arrangements will be maintained until such time as the new roadway has been constructed to avoid inconvenience to existing road users and ensure available road access during times of a flood.

It is confirmed that the realigned River Road will be of a Collector Road standard to allow for the movement of buses throughout the estate.

As a result, this road will be wide enough to cater for existing vehicle access requirements associated with existing agricultural operations including heavy vehicles, horse floats and delivery trucks.

No. 5

i. Concerned about the far western tip of the proposed development, in particular the small triangle that adjoins Dennis Trading.

Our house is directly opposite this area and when we purchased our block both the developer and council advised verbally our rural views would never be built out as it was a floodplain.

I would ask that if the development does go ahead that council considers a height restriction in that area to limit the impact to our views.

ii. Have concerns about the pressure on the roads and congestion it puts on already busy intersections - is there an option to have the infrastructure improved before development begins?

Matters regarding potential view loss are noted.

Whilst previous commitments regarding the future development options of this land are acknowledged, the land has been identified as potential urban area in Council’s strategies since 2013. Development of the area is considered to have strategic merit and is supported due to its location above the floodplain and its proximity to existing urban development.

Requests to impose building height restrictions on the future development, whilst acknowledged are not supported as Council already provides building height controls in the Wagga Wagga Development Control Plan 2010.

Furthermore, the matter of view loss is not grounds for refusing development and views for individual properties are not protected or guaranteed to be retained.

See response to item (i) of Submission 4.

No. 6

i. When we purchased our home, we were advised by Wagga Council that the land would not be developed as it was a floodplain.

Our primary concern is the western tip of the proposed development. We believe this area would be better suited for open space as there does not appear to be any large open space area in the development.

ii. Aerial sprays of crops occur from time to time with any future development of this land likely to be subject to spray drift. These properties would also be subject to noise from 24/7 operations.

iii. The development of this land will add further traffic to already congested roads and Gobbagomombalin bridge.

iv. Concerned about the devaluation of our property, particularly due to view loss.

See response to item (i) of Submission 5.

The urban design report has identified a number of open space areas to service the community, the locations of these will be confirmed through development and subdivision.

Further work is to be done to develop DCP controls for the subject site. Buffers will form part of the controls in response to comments received. Further consultation will be undertaken when these controls are developed.

See response to item (i) of Submission 4.

Matters regarding impacts on property prices, whilst acknowledged are not a relevant matter for consideration that Council can consider in the planning process.

No. 7

i. The bore we draw water from for the agricultural component of our property comes from the land located alongside the proposed development area. The water pipe run under the proposed planning area. There is no written agreement.

Private agreements for access to bore will be subject to further private agreements and availability for landowners to draw water in accordance with the Natural Resource Authority Regulator. Matters regarding private bore agreements, whilst acknowledged, are not a relevant matter for consideration that Council can consider in the planning process.

This report recommends endorsement of the Planning Proposal including amendments to the Wagga Wagga DCP 2010 to protect the main gas pipeline. Further detailed controls and objective will be developed for the Wagga Wagga DCP 2010 addressing concerns raised and discussed in submissions. These provisions and future amendments to Councils Infrastructure Contributions Plan will be the subject of further reports to Council and community consultation.

Attachments

1.	LEP20/0002 - Gateway Determination - Provided under separate cover
2.	LEP20/0002 - Planning Proposal - Provided under separate cover
3 ⇩.	DCP Amendment - Gas Pipeline
4 ⇩.	LEP20/0002 & DCP Amendment – Submissions - Provided under separate cover

Report submitted to the Ordinary Meeting of Council on Monday 26 April 2021

RP-3

RP-3 Adoption of Draft Wagga Wagga Development Control Plan - Section 3 Heritage Conservation

Author: Adam Wood

Director: Michael Keys

Summary:

Draft Wagga Wagga Development Control Plan (DCP) provisions have been exhibited. These are proposed to direct the development of additions, ancillary development and infill development within the Wagga Wagga Heritage Conservation Area, with a particular focus on laneway locations. Draft provisions were exhibited for both Sections 3 and 9 of the Wagga Wagga DCP. Following exhibition and further investigations and consideration, it is recommended that draft provisions for Section 3 of the DCP are adopted with revisions. Draft provisions for Section 9 are no longer supported and it is not proposed to progress to adoption.

Recommendation

That Council:

a note the outcomes of the public exhibition of draft DCP Amendment No.16

b adopt revised draft DCP Amendment No.16 to the Wagga Wagga Development Control Plan 2010

Amendment Details

Relevant section of DCP:	Section 3 – Heritage Conservation
Affected areas:	Wagga Wagga Heritage Conservation Area

In 2020, Council conducted exhibition of draft provisions amending the Wagga Wagga Development Control Plan 2010 (DCP). The exhibited draft affected Sections 3 and 9 of the DCP.

The amendment seeks to resolve the relationship between identified heritage attributes in Central Wagga Wagga and new development. The provisions will clarify the available development potential and opportunities of residential sites in Central Wagga Wagga whilst retaining the significant Conservation Area attributes identified in the Wagga Wagga Heritage Study.

Following exhibition, further investigation and consideration, a draft Section 3 of the DCP has been developed for consideration. It is not recommended to continue with amendments affecting Section 9 of the DCP.

Key areas of consideration

1. Context of amendment

In the period since commencement of this amendment process, Council has adopted the Wagga Wagga Local Strategic Planning Statement (LSPS) to guide the growth and development trajectory of the city.

The Wagga Wagga LSPS reiterates previous planning direction, stating that Central Wagga Wagga is an area of key importance for the future development of the city. Central Wagga Wagga will play a key role in upholding several of the Principles of the LSPS. Central Wagga Wagga contains the core locations for commerce, service provision, civic functions and amenities within the city and Riverina region. The precinct is embedded within established networks of the city. Central Wagga Wagga also contains the Wagga Wagga Heritage Conservation Area comprising a concentrated area of individual heritage sites, significant public places and notable streetscapes.

Providing for additional residential development within Central Wagga Wagga particularly assists in upholding the following LSPS Principles:

· Principle 6: Connected and accessible city

By placing additional residents in closer proximity to key services, employment and amenities located within the Wagga Wagga CBD and core areas.

· Principle 7: Growth is supported by sustainable infrastructure

By placing additional residential development centrally-located with ready access to pre-existing city networks.

· Principle 9: High quality public spaces with an engaging urban character

By placing additional residents in proximity to areas targeted for activation within the Wagga Wagga CBD.

By encouraging development to design and quality standards appropriate to the Heritage Conservation Area.

· Principle 10: Provide for a diversity of housing that meets our needs

By providing housing opportunities in a range of densities, settings and styles reflecting the diverse requirements existing in the local housing market.

The Heritage Conservation Area requires that additional consideration be given to the form of residential development. Development potential available in other parts of Central Wagga Wagga, particularly in more intensive land use zones, is not available in the Conservation Area. Development potential otherwise available in the R1 General Residential zone is qualified by design requirements that the Conservation Area necessitates.

The LSPS directs that Council shall review the Heritage Conservation Area in the foreseeable future. Forward planning for this work is currently underway. It is envisaged that this work will:

· include consideration of the continuing and evolving history of Wagga Wagga’s development;

· reconsider later architectural styles and typologies which have now assumed greater significance;

· identify sites for inclusion or discontinuation as individually significant local heritage items;

· assess whether the present extent of the Conservation Area is representative of the actual distribution of heritage value or should be adjusted;

· reconsider R3 Medium Density land use zoning overlap with the Heritage Conservation Area, where preservation of the heritage attributes present may not realistically offer any opportunities for development upholding zone objectives;

· improve guidance of commercial development in the Fitzmaurice Street precinct, and;

· generally provide renewed direction to heritage management and conservation activities in Central Wagga Wagga.

2. Purpose of amendment

The intent of the draft DCP Amendment is to better direct development outcomes, satisfying Council’s identified strategic need for housing diversity and infill development in Central Wagga Wagga in a manner that considers the significant identified attributes of the Conservation Area. Heritage streetscapes and character features are to remain intact and predominant at the frontage of properties throughout the Conservation Area. Meanwhile, the draft amendment to the DCP would allow well-designed extensions, secondary dwellings and other outbuildings and amenities, up to two storeys, recessed to the rear of heritage dwellings.

The draft Amendment provides for the following outcomes:

· a framework for buildings and property to be updated to meet contemporary living expectations:

· an appropriate standard of design quality and presentation in the Conservation Area

· provide and incentivise reinvestment into heritage properties and their upkeep

· retain significant character dwellings and streetscape features to property frontages; and

· provide further variety in living options that are not typical of other segments and locations within the local housing market.

As noted in the previous section, the LSPS includes an action that Council shall revisit the Heritage Conservation Area and planning for this work is underway. This amendment is conducted in advance of this more exhaustive body of work. Despite this, the amendment represents a sound basis to continue the assessment of development.

The draft provisions for Section 3 of the DCP:

· are informed by pre-existing knowledge contained within the Wagga Wagga Heritage Study;

· benefit from further investigation by Council’s heritage advisor in the course of the amendment process;

· do not impinge upon the heritage attributes identified in those instances (further detailed in Section 4), and

· are in part inspired by contemporary approaches to the management of heritage area development observed in other comparable regional cities.

3. Exhibition period

Council conducted public exhibition and engagement on the draft DCP Amendment for a three month period from 21 March to 18 June 2020. This period of consultation was extended longer than the six week submission period ordinarily provided by Council for planning amendments due to Covid-19 restrictions.

The exhibition was supported by direct mail notification of more than 1300 property owners across the Heritage Conservation Area. One teleconference meeting was conducted by Council staff to hear the positions of a group of residents, particularly in relation to Cooedong Lane.

The exhibition resulted in 21 written submissions. Submissions raised various issues and concerns which have been considered by staff.

In relation to the proposed amendments to Section 3 of the DCP, the following was observed from 21 submissions;

· 10 were generally supportive of the draft Section 3 provisions and intent, notwithstanding some comments on specific items within the draft provisions.

· 6 offered comment only on matters specific to Cooedong Lane rather than the conservation area at large, though it is taken as implied that neither present nor proposed Section 3 provisions are seen as appropriate to Cooedong Lane.

· 4 expressed non-support of the draft Section 3 provisions.

· 1 submission provided comment on only a single aspect of the draft provisions.

In relation to draft provisions proposed for Section 9 of the DCP, those specific to Cooedong Lane, the following was observed from 21 submissions.

· 9 submissions were supportive of specific provisions for Cooedong Lane (though some indicated an alternative control set to that exhibited was preferred).

· 8 submissions did not support specific provisions for Cooedong Lane.

· 4 submissions offered no position on provisions for Cooedong Lane.

It is noted that only a small proportion of the 1300 notified parties elected to provide comment on the proposed amendments. Those that have provided comment demonstrate a range of positions, with no specific issues representative of a wider or significant interest group. Alongside this, staff note a demonstrated interest in and continued pursuit of development outcomes broadly consistent with the intent of the amendment by numerous Central Wagga Wagga property owners before, during and after exhibition. At face value, the combination of these factors suggests that the amendments to Section 3 are a pragmatic solution to guide development assessment in Central Wagga Wagga.

4. Laneway heritage advice

The amendment as originally exhibited contained provisions intended for Section 9 of the DCP which were particular to Cooedong Lane, located north of the Wollundry Lagoon between Beckwith and Simmons Streets. This outcome was in response to site specific concerns in this area and was a noted point of interest for several submitters to the exhibition process.

It was noted that the Wagga Wagga Heritage Study had not identified Cooedong Lane or other laneways for particular citation, nor is this location identified within any broader planning strategy. Council’s Heritage Advisor was commissioned to report on the comparative attributes of laneways throughout the Conservation Area. This advice could determine if Cooedong Lane was a location warranting separate or additional planning considerations relative to other parts of the Conservation Area. A copy of the Heritage Advisors report is provided at Attachment 3. The investigation determined that this location was not sufficiently different, nor exhibited sufficient heritage significance or integrity to warrant differing controls to other Conservation Area locations. It is not recommended that Council adopt DCP provisions relating specifically to Cooedong Lane.

Investigation of the laneways provided useful guidance to allow further improvement of the proposed DCP provisions (as they applied to the Conservation Area as a whole). Further consideration and field investigation resulted in staff drafting changes to the proposed Section 3 amendments to give better effect if and when adopted.

The key directions taken in conducting post-exhibition review as a result of these investigations were:

· Lanes are characterised by different features than those attributes of the primary streetscapes identified for protection by the Wagga Wagga Heritage Study.

· Laneway development should be contained to the laneway separate from the primary streetscapes and not substantially impact the public presentation of the area’s heritage values as observed within/from the primary streetscapes.

· Constructions demonstrating historic originality typical of traditional laneway architecture are now significantly displaced by other development of varying styles, including styles associated with the main residence.

· Development can reintroduce traditional laneway characteristics by the use or reinstatement of relevant materials and profiles, building forms and shapes.

· Per the Heritage Advisor review, Cooedong Lane does not possess additional or particular significance relative to other locations sufficient to warrant alternative controls, with traditional laneway values having been more significantly altered.

5. Improvements to proposed control set

The exhibited amendments to Section 9 of the Wagga Wagga DCP are excluded from the recommended draft for adoption. This is consistent with the findings of the Heritage Advisor’s investigation into this aspect of the draft Amendment, outlined in the previous section and in Attachment 3. Further, staff have incorporated a number of improvements to the proposed provisions for DCP Section 3 in response to the exhibition period and heritage advisor investigation. These are:

· Changes which make individual provisions clearer in their intent or expression, where staff or members of the public have found that meaning may be confused.

· Changes to more clearly distinguish between alteration/addition directly to a main dwelling structure (i.e. the primary streetscape) as opposed to development of linked or ancillary structures, consistent with the intent of the amendment.

· A diagram that assists in illustrating the intent/effect of a control.

· Some additional provisions to give design guidance to alterations and additions which shall aid in producing sound development outcomes.

· Some explanatory notes that assist in interpretation of DCP content and alert users of the document to available resources that may be useful to them.

The changes noted above retain the purpose and intent of the amendment as detailed in Item 2 above and reinforce the direction set out by the exhibited content. These changes are highlighted in the attachments to this item. The attached draft DCP Amendment (Attachment 2) indicates proposed changes exhibited (red mark-up and black strikethrough) and revisions in response to submissions and further investigations (blue mark-up and strikethrough).

Financial Implications

This amendment to the Wagga Wagga DCP 2010 has originated from within Council, therefore no collection of application fees has taken place in this instance. Council-initiated amendments to the Wagga Wagga DCP are within the ordinary tasking of the Strategic Planning business unit and this task has not required a specific funding stream to be allocated to its completion.

The proposed amendment to the Wagga Wagga DCP 2010 will have implications for design methods available to utilise for new development in the Wagga Wagga Heritage Conservation Area. While this may have the effect of encouraging or facilitating development applications at the margin, the DCP cannot and does not permit or prohibit development types beyond those already provided for by the Wagga Wagga LEP. As a result, the proposed amendment has at most an indirect implication for Council’s finances into the future.

Policy and Legislation

Environmental Planning and Assessment Act 1979

Wagga Wagga Local Environmental Plan 2010

Wagga Wagga Development Control Plan 2010

Link to Strategic Plan

Community Place and Identity

Objective: We are proud of where we live and our identity

Outcome: We value our heritage

Risk Management Issues for Council

Adoption of draft Wagga Wagga DCP Section 3 has been pursued to provide renewed guidance to the development of alterations, additions, ancillary and infill development within the Wagga Wagga Heritage Conservation Area.

Assessment of development proposals is complicated by heritage DCP provisions that have evolved over time without upholding the actual findings and specific attributes deemed significant by the Wagga Wagga Heritage Study.

A lack of direction and strategic priorities regarding heritage and conservation can create uncertainty and risk for all parties to the development process, including proponents in updating properties to contemporary expectations, Council officers in their attempts to provide assessments and give advice, and risk for Council in establishing sustainable grounds upon which to make planning decisions.

Council’s assessment is ideally informed by provisions which are calibrated to the task of preserving the identified significant attributes of the area, whilst allowing reinvestment and development to properties to the extent possible that avoids substantial impact to those attributes. This outcome is achieved by the proposed draft DCP Section 3, substantially mitigating risks associated with development assessment in the Heritage Conservation Area.

Internal / External Consultation

Consultation conducted in support of the amendment has been detailed in the discussion of key considerations above. The amendment to the Development Control Plan was publicly exhibited from 21 March to 18 June 2020.

A Councillor workshop was held on March 29, 2021.

Redacted submissions are collated for consideration at Attachment 4. A table providing a summary of key issues raised in submissions and responses to these items is provided below.

a) General support for amendments

Comments / issues

§ Several submissions declared their general support for the amendments to the DCP.

Planning response / amendments

§ The statements supportive of the draft DCP provisions are noted. Revisions made to the draft DCP provisions since exhibition have retained the intent and effect of the amendment.

b) Support for differentiation of Cooedong Lane

Comments / issues

§ Several submissions supported the installation of separate provisions applying to Cooedong Lane, with a suggested set of provisions.

Planning response / amendments

§ Council commissioned the heritage advisor to investigate the condition and significance of laneways within the Heritage Conservation Area. This investigation was to establish whether there was merit to the differentiation of Cooedong Lane within DCP provisions. The investigation concluded that there was not sufficient justification for Cooedong Lane to receive alternative controls within the DCP to other Conservation Area laneways. The findings of the investigations form an attachment to this report.

c) Opposition to differentiation of Cooedong Lane

Comments / issues

§ Several submissions did not support installing separate DCP provisions for Cooedong Lane, arguing that the laneway was not sufficiently different or significant to merit this different treatment.

Planning response / amendments

§ Refer to response to b) above.

d) Parking and traffic

Comments / issues

§ Concerns expressed that development addressing the laneways may result in parking difficulties within the laneways.

§ Opinions were expressed that a large proportion of the properties in the Conservation Area are not reflective of modern vehicle storage requirements and that the DCP should afford ability to install adequate storage as required.

Planning response / amendments

§ All development within the Heritage Conservation Area must satisfy provisions for residential development within the DCP, not only provisions relating to Heritage Conservation as in Section 3 of the DCP. These provisions require the provision of off street parking proportionate to the scale of development being proposed to the property.

§ The clarification of development potential for the rear of lots will enable future development proposals to more readily provide adequate vehicle parking, storage and manoeuvring space in future.

e) Visibility and differentiation of new development

Comments / issues

§ Some submissions stated a preference for upper floor development to be ‘concealed’ within the roof of a building presenting as a single storey structure.

§ Other submissions questioned the feasibility of limiting the visibility of new development, noting that all development would be visible from at least some elevations.

§ Some submissions supported the differentiation in styles between pre-existing character buildings and later contemporary styles of development, to aid in the identification of different historic periods and provide visual interest.

Planning response / amendments

§ The draft DCP Section 3 provisions have been revised to emphasise the focus upon the protection of the primary streetscapes of the Conservation Area. This informs the front elevation as being the key viewpoint for consideration when assessing visual impact to heritage values in the Conservation Area.

§ This approach means that taller and/or substantial development is permissible to the rear portion of lots to the extent that the presentation of primary streetscapes and character buildings to frontages is not substantially affected.

f) Vertically-proportioned windows

Comments / issues

§ Submitted comments queried the requirement to use vertically-proportioned windows to new building works.

Planning response / amendments

§ Vertically-proportioned windows are preferred as a solution. The interpretation of this performance-based control will vary according to context. Work direct to character buildings will likely require a different design approach to separated or ancillary structures. The placement and design of windows will need to consider performance-based controls in this and other sections of the DCP, including those concerning building performance, passive surveillance and overlooking.

g) Scale of new development and relationship to the main dwelling

Comments / issues

§ Several submissions queried the wording of provisions stating that new development should not ‘dominate’ the main house and how this would be interpreted in practice.

§ Some submissions stated a preference for upper floor development to be ‘concealed’ within the roof of a building presenting as a single storey structure.

Planning response / amendments

§ The draft DCP provisions focus upon preserving the contribution made by the character buildings to the primary streetscapes, which are identified for their significance by the Wagga Wagga Heritage Study.

§ The revised draft DCP Section 3 provisions now provide additional guidance for development to the rear of lots. This seeks to ensure that designs maintain suitable standards of presentation and architectural relief when viewed from alternative elevations at the rear of properties. The provisions also clarify where new development may differ in style from the main character building.

§ In line with the intent of the amendment, the provisions clarify that taller structures may be developed to the extent that the public presentation of the primary streetscape is not substantially affected. The provisions also direct that separation of the new development from the pre-existing structures.

h) Taller buildings overlooking / impact to privacy

Comments / issues

§ Concerns were expressed that taller structures can and may result in overlooking to other properties within the Heritage Conservation Area and would result in impacts to privacy.

Planning response / amendments

§ The Wagga Wagga DCP contains provisions to assess overlooking effects of all new residential development. New development will be required to perform satisfactorily against these provisions, as is the expectation of all developments proposed within the R1 General Residential zone throughout the city. The proposed draft DCP Section 3 does not offer additional provisions relating to this issue.

i) Access to properties from laneways

Comments / issues

§ Concerns were expressed about the requirement for an ‘unenclosed’ access of 1m width from laneways into properties, due to potential for trespass.

Planning response / amendments

§ Notwithstanding the suggested complete enclosure of laneways by structures, as in some heritage areas of large cities, consideration of this matter has informed the view that a 1m access is appropriate in order to deliver servicing functions to homes as designed in Central Wagga Wagga.

§ The draft provisions have been revised to encourage building design which provides passive surveillance to laneways. It is anticipated that additional development employing this strategy over time will provide deterrence to antisocial activity, not only that intruding onto properties, but also that which may occur in the laneways.

§ The DCP provision relating to this rear access has been reworded to clarify the requirement for 1m access outside of a built structure, rather than use of the term ‘unenclosed’, which may lead some to believe that this access is not to be secured at all.

j) Heritage impact statements

Comments / issues

§ A submission expressed support for Heritage Impact Statements being required for alterations and additions.

Planning response / amendments

§ The draft provisions require a proponent to provide a Heritage Impact Statement when infill developments (ie. new development to a vacant site in the Conservation Area) is proposed. This has been the case since the time of exhibition of the draft. By contrast, alterations and additions vary widely in their design, scale, purpose and proportion to existing development on a site. A considered merit assessment offers a superior approach to capturing and resolving the various nuances of these proposals.

k) The role of the DCP and heritage advice in development assessment

Comments / issues

§ Various submissions have noted that planning decision making may vary from the advice given on development scenarios by Council’s Heritage Advisor.

Planning response / amendments

§ Development assessment is undertaken by Council’s development assessment planners. The planner takes into consideration the city’s planning Local Strategic Planning Statement, Local Environmental Plan, Development Control Plan and input from other authorities and specialists as relevant. It is not the role of the heritage advisor to perform a separate assessment against the DCP (or a single portion of the DCP). The DCP is not intended to provide a ‘template’ within which the heritage advisor’s advice is provided. A DCP provides guidance to development at the individual site level of detail, in support of the LEP.

l) DA20/0062 at 21 Wollundry Avenue

Comments / issues

§ Several submissions registered opposition to approval of DA20/0062 at Wollundry Avenue, which was assessed concurrently to this amendment process.

Planning response / amendments

§ DA20/0062 was approved by Council on September 28, 2020. Development assessment in this instance occurred with reference to the DCP as in force at the time of the submission of the application. The assessment did however benefit from the comparative investigation of laneways provided by the Heritage Advisor in the course of this amendment. This informed that Cooedong Lane was not a location of particular significance within the Conservation Area and that development was able to proceed without significant impact to heritage attributes. DA20/0062 is an example of development to the rear of a character property, situated in a part of the lot obscured from viewing at the primary streetscape, in this instance the Wollundry Lagoon parkland. The adoption of draft DCP Section 3 will enable greater clarity in the ongoing assessment of future development proposals similar to DA20/0062.

m) Driveways and garaging

Comments / issues

§ A submission noted the requirement to provide driveways and garaging to rear lane only. It queried whether any existing driveway crossings and garaging to property frontages would be permitted to continue when new development takes place on the property.

Planning response / amendments

§ Existing approved development and land use already constructed is permitted to remain. Replacement development would meet with merit assessment taking note of the DCP objectives and provisions in force at that time. It is noted that properties with both rear lane access and front-access garaging are relatively few in the Conservation Area.

n) Private open space requirements

Comments / issues

§ Some submissions expressed confusion at the intent of draft provisions relating to private open space provision for properties within the Heritage Conservation Area.

Planning response / amendments

§ The draft provisions relating to private open space have been further refined for clarity. The intent of the provisions is to ensure that any new development to the rear of the lot ensures an adequate amount of private open space remains. To this end, outdoor spaces which are narrow at the side of buildings (ie. side accesses) will not be counted within the interpretation of private open space within the Heritage Conservation Area. This encourages private open space design of genuinely useful dimensions.

§ The clarified ability for taller development to take place at the rear of lots will enable development of additional floorspace with a lesser degree of site coverage, providing for design solutions where a greater area of private open space is retained on the lot.

Internal / External Consultation

Mail

Media

Community Engagement

Digital

Rates notices insert

Direct mail

Letterbox drop

Council news story

Council News advert

Media releases

TV/radio advertising

One-on-one meetings

Your Say website

Community meetings

Stakeholder workshops

Drop-in sessions

Surveys and feedback forms

Social media

Email newsletters

Website

Digital advertising

TIER

Consult

Involve

Collaborate

Attachments

1.	Proposed DCP Section 3 - Provided under separate cover
2.	Proposed DCP Section 3 with highlighted changes - Provided under separate cover
3.	Heritage Advisor laneway investigation - Provided under separate cover
4 ⇩.	Submissions

Report submitted to the Ordinary Meeting of Council on Monday 26 April 2021

RP-7

RP-7 FINANCIAL PERFORMANCE REPORT AS AT 31 MARCH 2021

Author: Carolyn Rodney

Director: Natalie Te Pohe

Summary:

This report is for Council to consider information presented on the 2020/21 budget and Long-Term Financial Plan, and details Council’s external investments and performance as at 31 March 2021.

Recommendation

That Council:

a approve the proposed 2020/21 budget variations for the month ended 31 March 2021 and note the continued forecast deficit budget position as a result of the COVID‑19 pandemic

b approve the proposed budget variations to future financial years of the Long-Term Financial Plan

c note the Responsible Accounting Officer’s reports, in accordance with the Local Government (General) Regulation 2005 (Part 9 Division 3: Clause 203) that the financial position of Council is satisfactory having regard to the original estimates of income and expenditure and the recommendations made above

d note the details of the external investments as at 31 March 2021 in accordance with section 625 of the Local Government Act 1993

e note that Council was unsuccessful in the NSW Department of Planning, Industry and Environment – Low Cost Loans Initiative – Round 3 application

Report

Wagga Wagga City Council (Council) continues to forecast deficit budget positions as a result of the estimated financial impact the COVID-19 pandemic is having on many businesses, with local councils not immune to the pandemic.

At this stage, Council forecasts a $834K deficit budget position for the 2020/21 budget year (as at 31 March 2021). This will continue to be reviewed as the year progresses, with updates provided to Council as part of the monthly financial performance report.

Council has experienced a negative monthly investment performance for the month of March when compared to budget ($50,013 down on the monthly budget). This is mainly due to a decrease in the principal value of Council’s Floating Rate Note portfolio as at 31 March 2021.

Council received advice in late March 2021 (attached) from NSW Department of Planning, Industry and Environment – Low Cost Loans Initiative Round 3 application process, which advised that our application for the Dunns Road upgrade project was unsuccessful. Council will proceed with the current funding sources identified for this project, which are $5,739,356 grant and $2,500,000 borrowings.

Key Performance Indicators

OPERATING INCOME

Total operating income is 74% of approved budget so is trending slightly under budget for the month of March 2021. An adjustment has been made to reflect the levy of rates that occurred at the start of the financial year. Excluding this adjustment, operating income received is 90% when compared to budget.

OPERATING EXPENSES

Total operating expenditure is 73% of approved budget and is tracking slightly under budget at this stage of the financial year.

CAPITAL INCOME

Total capital income is 53% of approved budget. It is important to note that the actual income from capital is influenced by the timing of the receipt of capital grants and contributions relating to projects. This income also includes the sale of property, plant and equipment.

CAPITAL EXPENDITURE

Total capital expenditure including commitments is 112% of approved budget which is as a result of purchase orders being raised for the full contract amounts for multi-year projects.

WAGGA WAGGA CITY COUNCIL STATEMENT OF FINANCIAL PERFORMANCE 1 JULY 2020 TO 31 MARCH 2021
CONSOLIDATED STATEMENT
	ORIGINAL BUDGET 2020/21	BUDGET ADJ 2020/21	APPROVED BUDGET 2020/21	YTD ACTUAL EXCL COMMT'S 2020/21	COMMT'S 2020/21	YTD ACTUAL + COMMT'S 2020/21	YTD % OF BUD
Revenue
Rates & Annual Charges	(72,529,470)	(40,000)	(72,569,470)	(54,246,716)	0	(54,246,716)	75%
User Charges & Fees	(22,261,420)	(1,976,886)	(24,238,306)	(17,132,046)	0	(17,132,046)	71%
Interest & Investment Revenue	(2,306,255)	(609,013)	(2,915,268)	(2,257,729)	0	(2,257,729)	77%
Other Revenues	(2,931,718)	(1,450,879)	(4,382,597)	(3,365,431)	0	(3,365,431)	77%
Operating Grants & Contributions	(13,415,374)	4,657,563	(8,757,811)	(6,676,774)	0	(6,676,774)	76%
Capital Grants & Contributions	(89,541,725)	42,228,813	(47,312,912)	(24,505,788)	0	(24,505,788)	52%
Total Revenue	(202,985,962)	42,809,597	(160,176,365)	(108,184,484)	0	(108,184,484)	68%

Expenses
Employee Benefits & On-Costs	48,595,768	(494,102)	48,101,666	34,359,901	0	34,359,901	71%
Borrowing Costs	3,452,579	(207,776)	3,244,803	2,219,394	0	2,219,394	68%
Materials & Contracts	30,860,378	6,867,729	37,728,107	24,153,859	6,313,847	30,467,705	81%
Depreciation & Amortisation	35,177,865	0	35,177,865	26,383,399	0	26,383,399	75%
Other Expenses	9,985,219	2,385,791	12,371,010	6,424,546	113,798	6,538,345	53%
Total Expenses	128,071,808	8,551,642	136,623,451	93,541,099	6,427,645	99,968,744	73%

Net Operating (Profit)/Loss	(74,914,154)	51,361,240	(23,552,914)	(14,643,385)	6,427,645	(8,215,741)

Net Operating (Profit)/Loss before Capital Grants & Contributions	14,627,571	9,132,427	23,759,998	9,862,403	6,427,645	16,290,047

Capital / Reserve Movements
Capital Expenditure - One Off Confirmed	31,423,131	26,945,454	58,588,585	25,605,380	63,856,242	81,345,913	139%
Capital Expenditure – Recurrent	22,666,954	(1,224,873)	21,222,081	8,335,528	3,885,426	9,885,846	46%
Capital Exp – Pending Projects	102,263,183	(102,263,183)	0	36,461	0	32,901	0%
Loan Repayments	4,718,119	(307,774)	4,410,344	3,306,758	0	2,940,230	67%
New Loan Borrowings	(22,723,947)	11,842,113	(10,881,833)	0	0	0	0%
Sale of Assets	(2,173,514)	(545,120)	(2,718,634)	(2,191,787)	0	(2,105,635)	77%
Net Movements Reserves	(21,740,087)	10,684,402	(11,055,685)	0	0	0	0%
Total Cap/Res Movements	114,433,839	(54,868,982)	59,564,857	35,092,339	67,741,668	92,099,254

	ORIGINAL BUDGET 2020/21	BUDGET ADJ 2020/21	APPROVED BUDGET 2020/21	YTD ACTUAL EXCL COMMT'S 2020/21	COMMT'S 2020/21	YTD ACTUAL + COMMT'S 2020/21	YTD % OF BUD
Net Result after Depreciation	39,519,685	(3,507,742)	36,011,943	20,448,954	74,169,313	83,883,513

Add back Depreciation Expense	35,177,865	0	35,177,865	26,383,399	0	26,383,399	75%

Cash Budget (Surplus) / Deficit	4,341,820	(3,507,742)	834,078	(5,934,445)	74,169,313	57,500,114

Description	Budget 2020/21	Budget 2021/22	Budget 2022/23	Budget 2023/24	Budget 2024/25	Budget 2025/26	Budget 2026/27	Budget 2027/28	Budget 2028/29	Budget 2029/30
Adopted Bottom Line (Surplus) / Deficit	4,341,819	2,909,316	2,682,933	1,763,495	2,131,200	3,137,673	2,748,594	1,622,670	1,359,793	740,739
Prior Adopted Bottom Line Adjustments	(3,507,742)	(569,550)	(759,410)	(948,879)	(1,158,789)	(1,219,422)	(1,464,291)	(1,703,226)	(1,958,832)	(2,222,476)
Revised Bottom Line (Surplus) / Deficit**	834,077	2,339,766	1,923,523	814,616	972,411	1,918,251	1,284,303	(80,556)	(599,039)	(1,481,737)

** Note that the Revised Bottom Line (Surplus) / Deficit shown does not include the proposed budget variations for March 2021 or any adjustments in the draft Long Term Financial Plan.

2020/21 Revised Budget Result – (Surplus) / Deficit

$’000s

Original 2020/21 Budget Result as adopted by Council

Total Budget Variations approved to date

Budget Variations for March 2021

$4,342K

($3,508K)

Nil

Proposed Revised Budget result for 31 March 2021 - (Surplus) / Deficit

$834K

The proposed Budget Variations for 31 March 2021 which affect the current 2020/21 financial year are listed below:

*Budget Variation*	*Amount*	*Funding Source*	*Net Impact* *(Fav)/ Unfav*
*1 – Community Leadership and Collaboration*
Depot Oil Shed Refurbishment	$117K	Plant Replacement Reserve ($117K)		Nil
The Depot Oil Shed located at the Alan Turner Depot is required to be refurbished due to Work Health and Safety issues. The refurbishment includes the installation of a new oil shed with bunded floor, new oil pumps, reconnection of oil lines, removal and disposal of internal wall and raised floor in existing shed, also including disposal of contaminated waste soil under the wooden floor. The works estimated to cost $135K are proposed to be completed by the end of August, with the majority of the works ($117K estimated) to be completed this financial year, with the remaining $18K estimated to be completed in 2021/22. The works are proposed to be funded from the Plant Replacement Reserve which has current capacity. Estimated Completion: 31 August 2021 Job Consolidation: 21338
*2 – Safe and Healthy Community*
Cemetery Touch Screen Kiosk	$15K	Parks Operational Savings ($15K)		Nil
Funds are proposed for the purchase of a Touch Screen Kiosk at the Cemetery office. This will assist the public who are visiting the Wagga Lawn Cemetery to locate and identify their loved one’s memorials and burial positions via the kiosk. It is proposed to fund this purchase from Parks operational savings. Estimated Completion: 30 June 2021 Job Consolidation: 21366
*3 – Growing Economy*
Destination Event	($100K)	Event Attraction Reserve $100K		Nil
It is proposed to reallocate the current years destination event funds to future financial years being $40K in 2021/22 and $60K in 2022/23. The destination event funding as detailed in the endorsed Events Strategy & Action Plan 2020-2024 is reliant on the cycling complex to be completed at Pomingalarna and the Stage 2 Riverside infrastructure to be completed at the Wagga Beach location. Estimated Completion: 30 June 2023 Job Consolidation: 20792
*4 – Community Place and Identity*
Fusion Festival	($30K)	Event Attraction Reserve $15K Origin Energy Grant $15K		Nil
FUSION 2021 festival is scheduled to take place on Saturday 16 October 2021 and will meet all COVID 19 safe planning requirements. To ensure this event is delivered in a COVID 19 safe framework it is anticipated the event will include a larger festival footprint at the Victory Memorial Gardens. It is proposed to reallocate funds in the current year’s budget to 2021/22 consisting of Origin Energy Sponsorship funding of $15K and $15K from FUSION 20. These funds will assist with COVID cleaning and sanitisation, crowd control management, fencing, COVID marshalling and contact tracing. Estimated Completion: 30 June 2022 Job Consolidation: 15819
*5 – The Environment*
Kerbside Collection – FOGO Processing Mulch Processing	$366K $130K	Solid Waste Reserve ($496K)	Nil
The 2020/21 budget for Food Organics Garden Organics (FOGO) was previously based on historical estimates and costs. The recent increased rainfall has resulted in higher than anticipated green waste coming from kerbside collections which has increased the throughput of FOGO product received by Council for composting. Additional materials such as sheep skins, organic sludge and commercial green waste have been processed through Council’s FOGO contractor, this reduces the waste going to the waste cells giving them a longer lifespan. It is proposed to increase the Kerbside Collection – FOGO processing expenditure budget and also set a new mulch processing budget (both incremented by 4% over the LTFP). Job Consolidations: 77089 & 70167
Sewer Pump Station Refurbishment	$20K	Sewer Reserve ($20K)	Nil
It is proposed to undertake refurbishment works including graffiti removal at the Bolton Park and Simmons Street Pump Stations, to improve the public amenity and street appeal of these locations. Through an expression of interest process it is proposed to work with artists to deliver a visually appealing creative treatment on both the sewer pump stations. The works estimated at $40K will be completed over two financial years ($20K 2020/21 and $20K 2021/22), with completion in December 2021. It is proposed to fund the works from the Sewer Reserve. Estimated Completion: 31 December 2021 Job Consolidation: 50401
Sewer Development Servicing Plan	$56K	Sewer Reserve ($56K)	Nil
Funds are required to develop a capacity model of the Sewer Network. The outcomes of this model will inform the Development Servicing Plan for Sewer. It is proposed to schedule the funds with $56K in 2020/21 and $83K in 2021/22, with the project funded from the Sewer Reserve. Estimated Completion: 30 June 2022 Job Consolidation: 50402
Dobney Avenue & Pearson Street Pavement Rehabilitation Infrastructure Replacement Reserve	$50K $472K	Pavement Rehabilitation ($485K) Fixing Local Roads Program Grant ($37K)	Nil
Council has been successful in securing grant funds under the Australian and NSW Governments accelerated Fixing Local Roads Program for the Dobney Avenue and Pearson Street Pavement Rehabilitation. The project will renew the existing road pavement and provide a new seal. The total project cost is $5.6M - $4.2M in Fixing Local Roads Funding, with Council required to contribute 25% of the total project cost, being $1.4M. It is proposed to fund Councils required 25% contribution from existing roads budgets ($485K from Pavement Rehabilitation in 2020/21 (main funding source for this portion is Council’s Infrastructure Replacement Reserve) and $917K from Heavy Patching in 2021/22). The budget will be allocated with $50K in 2020/21 for the design and planning and the remaining project budget allocated in 2021/22 for project delivery. Estimated Completion: 30 June 2022 Job Consolidation: 21348
			Nil

2020/21 Capital Works Summary

Capital Works	Approved Budget	Proposed Movement	Proposed Budget
One-off	$58,588,586	($302,500)	$58,286,086
Recurrent	$21,222,081	$0	$21,222,081
Pending	$0	$0	$0
Total Capital Works	$79,810,667	($302,500)	$79,508,167

Current Restrictions

RESERVES SUMMARY
31 MARCH 2021
	CLOSING BALANCE 2019/20	ADOPTED RESERVE TRANSFERS 2020/21	BUDGET VARIATIONS APPROVED UP TO COUNCIL MEETING 22.3.2021	PROPOSED CHANGES for Council Resolution	BALANCE AS AT 31 MARCH 2021

Externally Restricted
Developer Contributions - Section 7.11	(25,878,470)	464,256	(2,256,666)		(27,670,880)
Developer Contributions - Section 7.12	402,380	(50,464)	32,236		384,152
Developer Contributions – S/Water DSP S64	(6,693,550)	1,973,123	(1,287,240)		(6,007,667)
Sewer Fund	(25,992,570)	582,604	(4,697,133)	76,000	(30,031,098)
Solid Waste	(22,421,037)	9,163,583	(5,899,729)	496,000	(18,661,182)
Specific Purpose Grants	(3,645,164)	0	3,645,164		0
SRV Levee	(4,953,842)	(1,652,925)	436,607		(6,170,160)
Stormwater Levy	(4,143,634)	(200,921)	244,298		(4,100,257)
Total Externally Restricted	(93,325,885)	10,279,256	(9,782,462)	572,000	(92,257,091)

Internally Restricted
Airport	(324,921)	(511,083)	(124,441)		(960,445)
Art Gallery	(55,091)	38,500	16,555		(36)
Ashmont Community Facility	(3,665)	(1,500)	0		(5,165)
Bridge Replacement	(568,093)	236,972	31,121		(300,000)
CBD Carparking Facilities	(774,666)	105,302	(105,302)		(774,666)
CCTV	(91,109)	18,000	0		(73,109)
Cemetery Perpetual	(241,401)	(138,203)	0		(379,603)
Cemetery	(597,311)	89,768	(69,226)		(576,769)
Civic Theatre Operating	(96,321)	87,904	0		(8,417)
Civic Theatre Technical Infrastructure	(7,706)	7,706	0		(0)
Civil Projects	(142,016)	0	(1,452,769)		(1,594,785)
Community Amenities	(282,200)	243,050	(173,728)		(212,878)
Community Works	(176,588)	81,215	0		(95,373)
Council Election	(444,166)	(93,256)	0		(537,422)
Economic Development	(490,000)	490,000	0		0
Emergency Events	(214,548)	22,709	(8,901)		(200,740)
Employee Leave Entitlements	(3,780,744)		0		(3,780,744)
Environmental Conservation	(116,578)		0		(116,578)
Estella Community Centre	(230,992)		0		(230,992)
Event Attraction Reserve	(198,449)	59,000	139,027	(115,000)	(115,421)
Family Day Care	(200,152)	0	200,152		0
Fit for the Future	(5,418,415)	684,035	195,805		(4,538,574)
Generic Projects Saving	(325,101)	325,101	0		0
Glenfield Community Centre	(23,704)	(2,000)	0		(25,704)
Grants Commission	(5,488,910)		5,488,910		0
Grassroots Cricket	(70,992)		0		(70,992)

	CLOSING BALANCE 2019/20	ADOPTED RESERVE TRANSFERS 2020/21	BUDGET VARIATIONS APPROVED UP TO COUNCIL MEETING 22.3.2021	PROPOSED CHANGES for Council Resolution	BALANCE AS AT 31 MARCH 2021
Gravel Pit Restoration	(807,503)	13,333	27,000		(767,170)
Gurwood Street Property	(50,454)		0		(50,454)
Information Services	(1,089,975)	446,840	8,492		(634,643)
Infrastructure Replacement	(350,988)	219,491	(42,297)	(472,000)	(645,795)
Insurance Variations	(100,246)		0		(100,246)
Internal Loans	(1,672,256)	(828,298)	(1,333,431)		(3,833,985)
Lake Albert Improvements	(208,718)	141,163	(132)		(67,688)
LEP Preparation	(2,667)	2,667	0		0
Livestock Marketing Centre	(5,651,791)	3,374,777	(341,108)		(2,618,122)
Museum Acquisitions	(39,378)		0		(39,378)
Oasis Building Renewal	(259,463)	30,000	74,329		(155,135)
Oasis Plant	(1,071,266)	464,228	(388,090)		(995,128)
Office Equipment/Building Projects	(73,752)	71,251	0		(2,501)
Parks & Recreation Projects	(227,174)	(180,000)	163,174		(244,000)
Planning Legals	(40,000)	(40,000)	0		(80,000)
Plant Replacement	(3,542,217)	2,046,451	465,860	117,000	(912,906)
Playground Equipment Replacement	(260,821)	(116,356)	85,000		(292,176)
Project Carryovers	(2,777,650)	574,876	2,126,774		(76,000)
Public Art	(158,877)	52,572	(42,240)		(148,545)
Robertson Oval Redevelopment	(92,151)		0		(92,151)
Senior Citizens Centre	(19,627)	(2,000)	0		(21,627)
Sister Cities	(55,776)	30,000	0		(25,776)
Sporting Event Operational	(100,000)	(30,180)	0		(130,180)
Stormwater Drainage	(258,242)	80,000	80,000		(98,242)
Street Lighting Replacement	(12,553)		0		(12,553)
Subdivision Tree Planting	(536,435)	80,000	10,602		(445,833)
Sustainable Energy	(340,563)	89,945	(124,937)		(375,555)
Unexpended External Loans	(1,284,452)	483,400	580,477		(220,574)
Workers Compensation	(160,649)		(30,000)		(190,649)
Total Internally Restricted	(41,609,483)	8,747,383	5,456,673	(470,000)	(27,875,427)

Total Restricted	(134,935,368)	19,026,638	(4,325,789)	102,000	(120,132,518)

Total Unrestricted	(12,262,000)	0	0	0	(12,262,000)

Total Cash, Cash Equivalents and Investments	(147,197,368)	19,026,638	(4,325,789)	102,000	(132,394,518)

CONTRACTS REVIEW STATEMENT
1st January 2021- 31st March 2021
Contract Number	Contractor	Contract Detail & Purpose	Contract Value Inc GST	Start Date	Award Date	Budgeted Y/N
PD43667	Regional Enviroscience	Air Quality Monitoring	$55,869	20/1/2021	20 weeks	20 weeks
PD43835	Westrac Equipment	Skid steer loader	$98,685	10/3/2021	4 weeks	4 weeks
PD43912	Wagga Motors	4 x vehicles	$212,856	17/3/2021	6 weeks	6 weeks
PD44235	Australian Grinding Company	Concrete grinding	$74,250	23/3/2021	4 weeks	4 weeks
PE16000	Audit Office of NSW	Auditing	$122,991	12/3/2021	30 weeks	30 weeks
PE16123	Fisson Pty Ltd	Preparation of tender schedules & detailed cost estimates	$125,719	26/3/2021	8 weeks	8 weeks
PE16163	Ardent Project Management	Project Manage RiFL Construction	$80,000	15/2/2021	12 weeks	12 weeks
PE16452	Office National Riverina	Large Format Printer	$57,068	24/3/2021	3 weeks	3 weeks
PE16455	Computer Systems Aust.	Software	$68,442	1/4/2021	36 months	36 months
PP18014	Moduplay Group Pty Ltd	Precoloured softfall	$73,115	19/2/2021	12 weeks	12 weeks
PS05442	Techni Clean Australia	Clean pavers Baylis St & surrounds	$71,928	24/3/2021	3 weeks	3 weeks
2021-10	Weston Energy Pty Ltd	Supply Natural Gas Oasis Regional Aquatic Centre	$858,871	1/4/2021	48 months	48 months
Notes:
1. Minimum reporting level is 1% of estimated income from continuing operations or $50,000, whichever is the lesser.
2. Contracts to be listed are those entered into during the quarter and have yet to be fully performed, excluding contractors that are on Council's Preferred Supplier list.
3. Contracts for employment are not required to be included.
4. Where a contract for services etc was not included in the budget, an explanation is to be given (or reference made to an explanation in another Budget Review Statement).

Investment Summary as at 31 March 2021

In accordance with Regulation 212 of the Local Government (General) Regulation 2005, details of Wagga Wagga City Council’s external investments are outlined below:

Institution	Rating	Closing Balance Invested 28/02/2021 $	Closing Balance Invested 31/03/2021 $	March EOM Current Yield %	March EOM % of Portfolio	Investment Date	Maturity Date	Term (mths)
*Short Term Deposits*
NAB	AA-	1,000,000	1,000,000	0.75%	0.65%	14/09/2020	14/09/2021	12
*Total Short Term Deposits*		1,000,000	1,000,000	0.75%	0.65%
*At Call Accounts*
NAB	AA-	188,399	312,988	0.10%	0.20%	N/A	N/A	N/A
CBA	AA-	4,253,765	3,663,511	0.10%	2.38%	N/A	N/A	N/A
CBA	AA-	10,609,857	10,111,496	0.20%	6.56%	N/A	N/A	N/A
Macquarie Bank	A+	9,008,186	9,011,246	0.40%	5.85%	N/A	N/A	N/A
*Total At Call Accounts*		24,060,206	23,099,241	0.26%	14.99%
*Medium Term Deposits*
RaboBank	A+	1,000,000	1,000,000	3.16%	0.65%	5/06/2017	6/06/2022	60
AMP	BBB	2,000,000	2,000,000	0.95%	1.30%	30/11/2020	30/05/2022	18
Rabobank	A+	1,000,000	1,000,000	3.20%	0.65%	25/08/2016	25/08/2021	60
Westpac	AA-	3,000,000	3,000,000	1.14%	1.95%	10/03/2017	10/03/2022	60
Auswide	BBB	2,000,000	2,000,000	0.85%	1.30%	6/10/2020	6/10/2022	24
BOQ	BBB+	2,000,000	2,000,000	3.35%	1.30%	3/01/2018	4/01/2022	48
BOQ	BBB+	1,000,000	1,000,000	3.50%	0.65%	1/06/2018	1/06/2022	48
Westpac	AA-	2,000,000	2,000,000	3.02%	1.30%	28/06/2018	28/06/2021	36
BOQ	BBB+	3,000,000	3,000,000	3.25%	1.95%	28/08/2018	29/08/2022	48
P&N Bank	BBB	1,000,000	1,000,000	3.10%	0.65%	16/10/2018	18/10/2021	36
Westpac	AA-	2,000,000	2,000,000	3.05%	1.30%	13/11/2018	15/11/2021	36
P&N Bank	BBB	1,000,000	1,000,000	3.30%	0.65%	20/11/2018	21/11/2022	48
NAB	AA-	2,000,000	2,000,000	3.01%	1.30%	30/11/2018	30/11/2021	36
Bendigo-Adelaide	BBB+	1,000,000	1,000,000	3.25%	0.65%	30/11/2018	30/11/2022	48
Newcastle Permanent	BBB	2,000,000	2,000,000	3.05%	1.30%	8/02/2019	8/02/2022	36
Newcastle Permanent	BBB	2,000,000	2,000,000	2.70%	1.30%	23/04/2019	26/04/2022	36
BoQ	BBB+	1,000,000	1,000,000	2.40%	0.65%	22/05/2019	23/05/2022	36
BoQ	BBB+	1,000,000	1,000,000	2.15%	0.65%	8/07/2019	10/07/2023	48
Judo Bank	NR	1,000,000	1,000,000	2.30%	0.65%	16/07/2019	16/07/2021	24
Auswide	BBB	1,000,000	1,000,000	1.95%	0.65%	12/08/2019	12/08/2022	36
Judo Bank	NR	1,000,000	1,000,000	2.15%	0.65%	20/08/2019	19/08/2021	24
Australian Military Bank	BBB+	1,000,000	1,000,000	1.76%	0.65%	20/08/2019	20/08/2021	24
Judo Bank	NR	1,000,000	1,000,000	1.90%	0.65%	10/09/2019	9/09/2022	36
Auswide	BBB	1,000,000	1,000,000	1.72%	0.65%	3/10/2019	4/10/2022	36
ICBC	A	2,000,000	2,000,000	2.03%	1.30%	6/11/2019	6/11/2024	60
ICBC	A	2,000,000	2,000,000	1.83%	1.30%	28/11/2019	28/11/2024	60
Judo Bank	NR	1,000,000	1,000,000	2.20%	0.65%	5/12/2019	3/12/2021	24
ICBC	A	1,000,000	1,000,000	1.75%	0.65%	6/01/2020	8/01/2024	48
BOQ	BBB+	1,000,000	1,000,000	2.00%	0.65%	28/02/2020	28/02/2025	60
ING Bank	A	2,000,000	2,000,000	1.50%	1.30%	2/03/2020	2/03/2022	24
Macquarie Bank	A+	2,000,000	2,000,000	1.40%	1.30%	9/03/2020	9/03/2022	24
Police Credit Union	NR	1,000,000	1,000,000	2.20%	0.65%	1/04/2020	1/04/2025	60
ICBC	A	1,000,000	1,000,000	1.85%	0.65%	29/05/2020	29/05/2025	60
ICBC	A	1,000,000	1,000,000	1.86%	0.65%	1/06/2020	2/06/2025	60
Institution	Rating	Closing Balance Invested 28/02/2021 $	Closing Balance Invested 31/03/2021 $	March EOM Current Yield %	March EOM % of Portfolio	Investment Date	Maturity Date	Term (mths)
ICBC	A	2,000,000	2,000,000	1.75%	1.30%	25/06/2020	25/06/2025	60
ICBC	A	2,000,000	2,000,000	1.75%	1.30%	25/06/2020	25/06/2025	60
ICBC	A	2,000,000	2,000,000	1.60%	1.30%	29/06/2020	28/06/2024	48
ICBC	A	3,000,000	3,000,000	1.25%	1.95%	30/06/2020	30/06/2022	24
ICBC	A	2,000,000	2,000,000	1.42%	1.30%	7/07/2020	8/07/2024	48
ICBC	A	2,000,000	2,000,000	1.50%	1.30%	17/08/2020	18/08/2025	60
BoQ	BBB+	1,000,000	1,000,000	1.25%	0.65%	7/09/2020	8/09/2025	60
BoQ	BBB+	2,000,000	2,000,000	1.25%	1.30%	14/09/2020	15/09/2025	60
AMP	BBB	1,000,000	1,000,000	0.95%	0.65%	26/11/2020	25/05/2022	18
AMP	BBB	2,000,000	2,000,000	0.95%	1.30%	7/12/2020	6/06/2022	18
ICBC	A	1,000,000	1,000,000	1.20%	0.65%	7/12/2020	8/12/2025	60
Warwick CU	NR	1,000,000	1,000,000	0.75%	0.65%	29/01/2021	30/01/2023	24
NAB	AA-	2,000,000	2,000,000	0.95%	1.30%	29/01/2021	29/01/2026	60
NAB	AA-	1,000,000	1,000,000	1.08%	0.65%	22/02/2021	20/02/2026	60
NAB	AA-	0	2,000,000	1.25%	1.30%	3/03/2021	2/03/2026	60
*Total Medium Term Deposits*		74,000,000	76,000,000	1.95%	49.31%
*Floating Rate Notes - Senior Debt*
Suncorp-Metway	A+	1,011,225	1,011,449	BBSW + 97	0.66%	16/08/2017	16/08/2022	60
Bendigo-Adelaide	BBB+	507,507	507,575	BBSW + 105	0.33%	25/01/2018	25/01/2023	60
Newcastle Permanent	BBB	1,524,663	1,525,504	BBSW + 140	0.99%	6/02/2018	6/02/2023	60
UBS	A+	2,027,475	2,022,934	BBSW + 90	1.31%	8/03/2018	8/03/2023	60
Heritage Bank	BBB+	1,404,055	0	0.00%	0.00%	29/03/2018	29/03/2021	36
ME Bank	BBB	1,604,470	1,604,563	BBSW + 127	1.04%	17/04/2018	16/04/2021	36
Bank Australia	BBB	753,410	753,618	BBSW + 130	0.49%	30/08/2018	30/08/2021	36
CUA	BBB	605,030	603,174	BBSW + 125	0.39%	6/09/2018	6/09/2021	36
AMP	BBB	1,505,798	1,502,603	BBSW + 108	0.97%	10/09/2018	10/09/2021	36
NAB	AA-	2,038,491	2,035,132	BBSW + 93	1.32%	26/09/2018	26/09/2023	60
Bendigo-Adelaide	BBB+	1,008,442	1,008,561	BBSW + 101	0.65%	19/10/2018	19/01/2022	39
CBA	AA-	3,078,962	3,080,715	BBSW + 113	2.00%	11/01/2019	11/01/2024	60
Westpac	AA-	3,084,093	3,085,197	BBSW + 114	2.00%	24/01/2019	24/04/2024	63
ANZ	AA-	2,562,164	2,563,045	BBSW + 110	1.66%	8/02/2019	8/02/2024	60
NAB	AA-	2,045,838	2,046,613	BBSW + 104	1.33%	26/02/2019	26/02/2024	60
Bank of China Australia	A	1,513,878	1,514,381	BBSW + 100	0.98%	17/04/2019	17/10/2022	42
Westpac	AA-	2,548,755	2,551,598	BBSW + 88	1.66%	16/05/2019	16/08/2024	63
Suncorp-Metway	A+	1,266,887	1,267,126	BBSW + 78	0.82%	30/07/2019	30/07/2024	60
ANZ	AA-	2,031,374	2,033,686	BBSW + 77	1.32%	29/08/2019	29/08/2024	60
HSBC	AA-	2,530,145	2,523,849	BBSW + 83	1.64%	27/09/2019	27/09/2024	60
Bank Australia	BBB	1,506,631	1,503,467	BBSW + 90	0.98%	2/12/2019	2/12/2022	36
ANZ	AA-	1,524,956	1,526,262	BBSW + 76	0.99%	16/01/2020	16/01/2025	60
NAB	AA-	2,034,031	2,035,796	BBSW + 77	1.32%	21/01/2020	21/01/2025	60
Newcastle Permanent	BBB	1,122,100	1,123,764	BBSW + 112	0.73%	4/02/2020	4/02/2025	60
Macquarie Bank	A+	2,029,604	2,027,798	BBSW + 84	1.32%	12/02/2020	12/02/2025	60
BOQ Covered	AAA	563,219	563,355	BBSW + 107	0.37%	14/05/2020	14/05/2025	60
UBS	A+	953,043	952,833	BBSW + 105	0.62%	21/05/2020	21/11/2022	30
Credit Suisse	A+	1,322,643	1,319,823	BBSW + 115	0.86%	26/05/2020	26/05/2023	36
UBS	A+	1,523,947	1,519,837	BBSW + 87	0.99%	30/07/2020	30/07/2025	60
Bank of China Australia	A	1,506,551	1,507,609	BBSW + 78	0.98%	27/10/2020	27/10/2023	36
*Total Floating Rate Notes - Senior Debt*		48,739,386	47,321,866		30.70%
Institution	Rating	Closing Balance Invested 28/02/2021 $	Closing Balance Invested 31/03/2021 $	March EOM Current Yield %	March EOM % of Portfolio	Investment Date	Maturity Date	Term (mths)
*Fixed Rate Bonds*
Northern Territory Treasury	AA-	2,000,000	2,000,000	1.00%	1.30%	30/11/2020	15/12/2025	60
Northern Territory Treasury	AA-	1,000,000	1,000,000	1.00%	0.65%	20/11/2020	15/12/2025	61
Northern Territory Treasury	AA-	2,000,000	2,000,000	1.00%	1.30%	21/10/2020	15/12/2025	62
*Total Fixed Rate Bonds*		5,000,000	5,000,000	1.00%	3.24%
*Managed Funds*
NSW Tcorp	NR	1,680,006	1,718,771	2.31%	1.12%	17/03/2014	1/03/2026	143
*Total Managed Funds*		1,680,006	1,718,771	2.31%	1.12%
TOTAL CASH ASSETS, CASH EQUIVALENTS & INVESTMENTS		154,479,597	154,139,878		100.00%
LESS: RIVERINA REGIONAL LIBRARY (RRL) CASH AT BANK		4,122,373	3,866,953
TOTAL WWCC CASH ASSETS, CASH EQUIVALENTS & INVESTMENTS		150,357,225	150,272,925

Council’s investment portfolio is dominated by Term Deposits, equating to approximately 50% of the portfolio across a broad range of counterparties. Cash equates to 15%, with Floating Rate Notes (FRNs) around 31%, fixed rate bonds around 3% and growth funds around 1% of the portfolio.

Council’s investment portfolio is well diversified in complying assets across the entire credit spectrum. It is also well diversified from a rating perspective. Credit quality is diversified and is predominately invested amongst the investment grade Authorised Deposit-Taking Institutions (ADIs) (being BBB- or higher), with a smaller allocation to unrated ADIs.

All investments are within the defined Policy limits, as outlined in the Rating Allocation chart below:

Investment Portfolio Balance

Council’s investment portfolio balance has decreased slightly from the previous month’s balance, down from $150.4M to $150.3M.

Monthly Investment Movements

Redemptions – Council redeemed the following investment securities during March 2021:

Institution and Type

Amount

Investment

Term

Interest

Rate

Comments

Heritage Bank (BBB) Floating Rate Note

$1.4M

3 years

BBSW + 123bps

This floating rate note was redeemed on maturity.

New Investments – Council purchased the following investment securities during March 2021:

Institution and Type

Amount

Investment

Term

Interest

Rate

Comments

NAB (AA-) Term Deposit

$2M

5 years

1.25%

The NAB rate of 1.25% compared favourably to the rest of the market for this investment term – with the next best rate being 1.13%.

Monthly Investment Performance

Interest/growth/capital gains/(losses) for the month totalled $184,685, which compares unfavourably with the budget for the period of $234,698 - underperforming budget for the month by $50,013.

Council’s underperformance to budget for March was mainly a result of the Floating Rate Note (FRN) portfolio experiencing a negative return for the month, with Council seeing a decrease in the principal value of the portfolio of (0.06%) (or $29,589).

In comparison to the AusBond Bank Bill Index* of 0.12% (annualised), Council’s investment portfolio returned 1.68% (annualised) for the month of March. Cash and At‑Call accounts returned 0.24% (annualised) for the month. These funds are utilised for daily cash flow management and need to be available to meet operating and contractual payments as they fall due.

Over the past year, Councils investment portfolio has returned 1.81%, outperforming the AusBond Bank Bill index by 1.70%.

* The AusBond Bank Bill Index is the leading benchmark for the Australian fixed income market. It is interpolated from the RBA Cash rate, 1 month and 3-month Bank Bill Swap rates.

Report by Responsible Accounting Officer

I hereby certify that all of the above investments have been made in accordance with the provision of Section 625 of the Local Government Act 1993 and the regulations there under, and in accordance with the Investments Policy adopted by Council on 15 June 2020.

Carolyn Rodney

Responsible Accounting Officer

Policy and Legislation

Budget variations are reported in accordance with Council’s POL 052 Budget Policy.

Investments are reported in accordance with Council’s POL 075 Investment Policy.

Local Government Act 1993

Section 625 - How may councils invest?

Local Government (General) Regulation 2005

Section 212 - Reports on council investments

Link to Strategic Plan

Community Leadership and Collaboration

Objective: We have strong leadership

Outcome: We are accountable and transparent

Risk Management Issues for Council

This report is a control mechanism that assists in addressing the following potential risks to Council:

· Loss of investment income or capital resulting from ongoing management of investments, especially during difficult economic times

· Failure to demonstrate to the community that its funds are being expended in an efficient and effective manner

Internal / External Consultation

All relevant areas within the Council have consulted with the Finance Division in relation to the budget variations listed in this report.

The Finance Division has consulted with relevant external parties to confirm Council’s investment portfolio balances.

Attachments

1 ⇩.	Capital Works Program 2020/21 to 2030/31
2 ⇩.	Low Cost Loans Initiative Round 3 Correspondence

1 ⇩.	Signed petition
2 ⇩.	Correspondence from the Tarcutta and District Progress Association
3 .	Letter from NSW Police
4 ⇩.	Parking map
5 ⇩.	RV parking map
6 ⇩.	Map with distances
7 ⇩.	Police noise abatement directions - Personal details redacted

Section 356 Budget Summary
Previously advised unallocated balance of 2020/21 Section 356 fee waiver financial assistance budget	$5,764.46
1) March4Justice	($440.00)
2) Scale Model Ship Association Incorporated (Task Force 72)	($302.00)
Subtotal Fee Waivers included in this report – proposed to be funded from the Section 356 Budget	($742.00)
Balance of Section 356 fee waiver financial assistance budget for the remainder of the 2020/21 Financial Year	$5,022.46

Other Criteria
2	Organisation can be either: a) Not-for-Profit; or b) For-Profit Not-for-Profit organisations will be weighted higher than For-Profit organisations for assessment purposes.
3	The submission must include a detailed business case, which includes: • Project scope • Expected outcomes • Estimated project budget, split by expenditure type (ie: contractors, materials, in-kind) • Estimated project timeframe • Estimated whole of life costs, and ability for organisation to fund ongoing maintenance of capital works
4	Level of organisations own funding, including any estimated in-kind works the organisation will be undertaking themselves, along with all other proposed funding sources for the total works. NB: This section must not include any previously approved, or future proposed Wagga Wagga City Council funding.
5	a. one-off funding by Council; or b. loan borrowing facility with repayments transferring back to the Community Works Reserve.

1.	2021/22 Draft Combined Delivery Program and Operational Plan - Provided under separate cover
2.	2022/31 Draft Long Term Financial Plan - Provided under separate cover
3.	2021/22 Draft Fees and Charges - Provided under separate cover

1 ⇩.	Active Resolutions as at 19 April 2021
2 ⇩.	Active Notice of Motions as at 19 April 2021
3 ⇩.	Resolutions including Notice of Motions completed from 16 March 2021 to 19 April 2021