Agenda of Ordinary Meeting of Council - Monday, 23 October 2023

Report submitted to the Ordinary Meeting of Council on Monday 23 October 2023

RP-4

RP-4 PLANNING PROPOSAL LEP23/0001 - PROPOSED AMENDMENT TO THE WAGGA WAGGA LOCAL ENVIRONMENTAL PLAN 2010 FOR REZONING AND RECLASSIFICATION OF LAND LOCATED ON BOWEN PLACE AND BOYD PLACE, TOLLAND, WAGGA WAGGA

Author: Siobhan Nielsen

Executive: John Sidgwick

Summary:

Council is in receipt of a Planning Proposal to amend the Wagga Wagga Local Environmental Plan 2010. The proposal seeks to rezone part Lot 12, DP1187387 from RE1 Public Recreation to R1 General Residential, and reclassify the land from community land to operational land.

The recommendation is to proceed with the Planning Proposal and request a Gateway Determination with the Department of Planning and Environment.

Recommendation

That Council:

a support Planning Proposal LEP23/0001 to amend the Wagga Wagga Local Environmental Plan 2010

b submit the Planning Proposal LEP23/0001 to the Department of Planning and Environment for Gateway Determination

c subject to endorsement of the Planning Proposal, undertake public exhibition and consultation with a further report to be prepared after the public exhibition period addressing any submissions made in respect of the Planning Proposal

d note that any decision on the use or sale of Council owned land will be subject to a separate Council report

Report

Application Details

Submitted Proposal:	Amendment to the Wagga Wagga Local Environmental Plan 2010 to reclassify land and amend zoning.
Applicant	Salvestro Planning on behalf of Mr Tony Balding
Land Owners:	Wagga Wagga City Council

The Proposal

Council is in receipt of a Planning Proposal to amend the Wagga Wagga Local Environmental Plan 2010. The proposal seeks to rezone part Lot 12, DP1187387 from RE1 Public Recreation to R1 General Residential and reclassify the land from community land to operational land.

In 2023, Council was approached by the landowner adjoining the laneway at Bowen Place enquiring about the proposed future use of the land and whether Council would be prepared to consider disposal of the land. Staff advised that the property was classified as community land and that under provisions of the Local Government Act 1993, Council was prevented from disposing of the land whilst it was classified as community land.

The landowner subsequently lodged a planning proposal to rezone the land from RE1 Public Recreation to R1 General Residential and to reclassify the land from community land to operational land. As part of Council’s initial scoping advice to the applicant in relation to the planning proposal, it was recommended that the adjacent laneway on Boyd Place also be included in the proposal to enable more efficient planning and use of Council resources.

The proposed amendments are shown in the maps below:

Figure 1 and 2: Proposal outcomes for reclassification and rezoning respectively

The application and supporting documents are provided under separate covers (see attachments).

Site and Locality

Council owns both sites, with Bowen Place approximately 265m² in area and Boyd Place 171 m² in area. They are located approximately 6.3km south of the CBD (11 minutes drive). They are recreational in nature and are utilised as informal pedestrian laneways between the cul-de-sac and the active travel path.

The existing parcel (see Figure 3 below) is zoned RE1 Public Recreation and is an open space corridor which functions to complement the active travel path. The character of the local area is largely low density urban and comprises a mix of social housing and private housing. R1 General Residential zoning exists to the north of the site, with SP2 Infrastructure zoning to the south (see Figures 1 and 2 above). The site adjoins Red Hill Road to the south, and there is an active travel path that runs parallel. Jubilee Park is situated to the south of Red Hill Road.

Figure 3: Aerial view of the subject land. Source: Sixmaps.

Key Considerations

The Planning Proposal has been assessed against Council’s strategies, policies and guidelines, the 2023 NSW Local Environmental Plan Making Guideline and the Ministerial Directions. The key considerations are identified below:

1. Precinct-level Approach

When considering changes to planning provisions, consideration is to be given to applying the changes to a larger precinct, rather than solely applying at a smaller scale, which achieves site-specific outcomes only. The precinct-level approach enables Council to better plan for infrastructure servicing and delivery and facilitates efficient planning. As such, as part of Council’s initial scoping advice to the applicant it was recommended that the adjacent laneway on Boyd Place be similarly included in the proposal to enable more efficient planning and use of Council resources.

2. Council’s Vision of Strategic Intent

There is general support for the Planning Proposal to rezone land from RE1 to R1 in both local and regional strategies.

· Riverina Murray Regional Plan 2041

The Riverina Murray Regional Plan outlines a goal to promote the growth of regional cities. The proposal is consistent with this plan due to the opportunity to facilitate additional housing.

· Wagga Wagga Local Strategic Planning Statement – Wagga Wagga 2040

The Wagga Wagga Local Strategic Planning Statement – Wagga Wagga 2040 (LSPS) was adopted on 8 February 2021 and provides a blueprint for how and where Wagga Wagga will grow into the future. It sets Council’s 20-year vision for land use planning under key themes and principles. The proposal is consistent with this plan due to the opportunity to facilitate additional housing.

3. Infrastructure

One of the key issues to consider with Local Environmental Plan (LEP) amendments is the impact of any proposal on existing infrastructure and the ability of existing networks to cope with increased demands. The site is in an existing urban environment and there is opportunity to connect to existing services and infrastructure including roads, reticulated water, stormwater, sewer and waste collection services. Other infrastructure networks and services, including public transport, waste management/recycling, health, education, emergency, mail and other community services are established in the local area and are accessible to the subject sites. The Planning Proposal’s intent is to enable at least one additional dwelling on the Bowen place subject site, and it also provides the opportunity to facilitate at least one additional dwelling on the Boyd Place subject site in the future, with both sites having minimal impact on public infrastructure.

4. LEP Provisions

· Existing provisions

The site is currently zoned RE1 Public Recreation and is classified as community land.

· Proposed provisions

The amendment will rezone the land to R1 General Residential and reclassify the land to operational land. The proposed changes to the LEP may facilitate additional dwellings.

5. Development Control Plan

Future development of the subject land will be undertaken in accordance with the relevant provisions of the Wagga Wagga Development Control Plan 2010 (DCP).

6. Additional Considerations

Urban Design and Access

Pedestrian movement and access corridors within residential housing estates are an integral part of good urban design. However, the two subject laneways are located at the end of cul de sacs and lack clear legibility, are not signposted, do not have paving or lighting and do not connect well with the existing pedestrian network (see Figures 4-6 below).

Figure 4: Site Photos Bowen Place

Figure 5: Site Photos Bowen Place

Figure 6: Site Photo Boyd Place

While, the laneways can be used to support movement and connectivity, the loss of these laneways does not significantly affect access to the balance of the open space corridor off Red Hill Road and Glenfield Road, with access retained from Brooks Circuit (approximately 5-minute walk west of Boyd Place) and Ramus St to the east (approximately 3-minute walk east of Bowen Place). Access to the cul-de-sacs in the event of emergencies is also maintained via these routes.

In this instance, the thoroughfares do not appear to provide additional amenity or benefit to the community in the context of urban design principles (such as movement and connectivity, and access to greenspace) and Crime Prevention Through Environmental Design (CPTED) principles.

It is noted that as part of the Tolland Renewal Project, the Land and Housing Corporation (LAHC) plan to reconnect a number of cul de sacs within the Tolland Estate as part of the Masterplan. The size and irregular shape of Bowen Place and Boyd place make such a connection unfeasible.

Crime

According to NSW Bureau of Crime Statistics and Research (BOCSAR) the area around the laneways is a city hotspot for malicious damage to property, break and enters and assault. A search of the customer enquiry database indicates that the laneways have been a resource burden on Council in terms of complaints from customers in and around the laneways relating to rubbish dumping and requests for maintenance. This is consistent with the submission from the Riverina Police District, who are supportive of the closure of the laneways (see Attachment 5). The Riverina Police District submission references research that suggests mixed use laneways in primarily residential areas facilitate crime. Local Police identify these laneways are used to evade Police and are sites that attract litter and graffiti.

This information indicates that the laneways have been a resource burden on Council and lane closures in these locations could reduce opportunities for rubbish dumping, anti-social behaviours, and assist Police with crime prevention.

Statutory Planning Considerations

Internal feedback has indicated that alternative land uses for these parts of Lot 12, DP1187387 are not suitable given the lot size, zoning and configuration of the allotments. The Boyd Place laneway has potential for a dwelling extension or dual occupancy at 4 or 5 Boyd Place. The Bowen Place laneway has potential for expansion of a multi-dwelling development at 4 Bowen Place or a dwelling extension or dual occupancy at 3 Bowen Place. On balance, based on the feasible land use options available to the sites, it is considered this proposal would enable a beneficial planning outcome for Council, by supplementing the development opportunities for the adjoining land.

The Development Application on the adjacent lot to the west of the Bowen Place laneway was for installation of two manufactured dwellings (dual occupancy) and 3 lot community title subdivision (DA22/0383). Determined 2/11/2022, multi-residential development category.

Economic Implications

A future sale of the subject sites to facilitate residential opportunities will create economic opportunities through the construction process. The sale of the subject sites to adjoining landowners will create community benefit.

Reclassification

This Planning Proposal will facilitate a reclassification and rezoning of the site to enable future residential opportunities. The LEP practice note ‘Classification and reclassification of public land through a local environmental plan’ has been considered in relation to reclassification of land through an LEP. This document clarifies issues arising in relation to public reserve status and any interests affecting the land.

The reclassification of the site will enable Council to consider disposing of the site, which will result in a loss of community classified land. The reclassification will require a community hearing to be undertaken to ensure community members can present their concerns on the reclassification and potential loss of community land. This will be conditioned as part of the Gateway Determination if approved by NSW Department of Planning and Environment. It is noted that the practice note specifies the proposal must be exhibited for at least 28 days. A public hearing must be held and a further 21 days public notice needs to be given before the hearing. This provides the community an opportunity to discuss issues with an independent person in a public forum. If the proposal is supported and the plan is made, the sale of the land will be facilitated by Council’s property team.

Loss of Public Open Space

As the proposed land is currently being used for the purposes of a laneway, it is considered that the loss of public open space is minor, and from a social and economic perspective, the current use is not considered the best planning outcome for the land. The proposal will result in a negligible loss of open space as access to the active travel path, Red Hill Road and Jubilee Park can occur via Ramus Street. Urban design considerations have been explored as part of the planning assessment. Selling the land would remove the ongoing maintenance burden for council and has the potential to reduce CPTED concerns. The proceeds from the potential sale of the lots will be invested in the community.

Tolland Renewal Masterplan

The Tolland Renewal Masterplan was not initially able to be shared with Council by Land and Housing Corporation (LAHC) due to confidentiality reasons during the initial stages of the assessment. During this time the Planning Proposal was referred to LAHC. No comment was received, nor any objection raised. As there has been no objection to the proposal by LAHC, the proposal does not appear to be inconsistent with the draft Tolland Renewal Masterplan, as per the analysis below. There will be additional opportunity for comment at the public exhibition stage of the Planning Proposal process. The benefit of proceeding with the amendments proposed by this application is that it may have less risk than if the amendments were to be incorporated into a future Planning Proposal associated with the Tolland Renewal Masterplan.

The Tolland Renewal Masterplan is currently on public exhibition between 11 September to 24 October 2023. As can be seen in Figure 7, Boyd Place is shown as connecting through to the eastern Jordan Place. This is not inconsistent with the Planning Proposal. Bowen Place is still reflected as a cul-de-sac, which aligns with the Planning Proposal. The proposed land use in the Masterplan appears to be residential and as such the proposed reclassification and rezoning appears to be consistent with the draft Masterplan.

Figure 7 Landscape Masterplan extracted from Draft Concept Masterplan – Tolland Renewal Project

Figure 8 Neighbourhood Masterplan extracted from Draft Concept Masterplan – Tolland Renewal Project

Disposal Process

The process for disposing of Council owned land is outlined in Council’s Acquisition, Disposal and Management of Land Policy POL 038. The policy restates the legislative position that Council cannot deal with community land other than to become or be added to a Crown reserve or National Park, and therefore a reclassification is necessary to facilitate this course of action.

The policy provides that disposal of land should occur at market value, and by open competitive processes unless exceptional circumstances warrant disposal by means of direct negotiations. One such exceptional circumstance is where the only potential purchaser is the adjoining owner(s). In this case, the size of the subject sites limits the development potential of the land by third parties. This may be an issue for consideration in this case.

A further report providing a detailed disposal brief and recommendations as to the proposed disposal strategy will be provided to Council for consideration if the Planning Proposal is supported.

Although the Planning Proposal seeks to rezone and reclassify two parts of Lot 12, DP1187387, there is currently active interest in the potential disposal of the Bowen Place subject site.

Conclusion:

The submitted Planning Proposal seeks to amend the Wagga Wagga Local Environmental Plan 2010 by rezoning part of the subject land to R1 General Residential and reclassifying part of the subject land as operational land.

The two sites have the potential to be infill sites in close proximity to existing services. The Planning Proposal may facilitate higher density development in the area and may provide additional residential options.

The proposal is supported for the following reasons:

· It creates an opportunity for new infill development within the existing urban area. 

· It provides benefits to the broader community.

· It is consistent with the relevant strategic documents.

· It is consistent with Council’s vision and strategic intent.

· It is consistent with relevant S9.1 Ministerial Directions and SEPPs.

· The investigation of the subject land provided with the application is sufficient to support the Planning Proposal and forward the proposal to the Department of Planning and Environment seeking Gateway Determination.

It is recommended that Council endorse the Planning Proposal and forward it to the NSW Department of Planning and Environment seeking Gateway Determination.

Financial Implications

The application has been submitted with the applicable Standard LEP Amendment fee of $11,400. The proponent has paid this fee.

Policy and Legislation

Environmental Planning and Assessment Act 1979

Wagga Wagga Local Environmental Plan 2010

Chapter 15, Part 8, Division 2 of the Local Government Act 1993

Link to Strategic Plan

The Environment

Objective: Future growth and development of Wagga Wagga is planned for in a sustainable manner

Ensure sustainable urban development

Risk Management Issues for Council

An approval of the proposal may be subject to public scrutiny during the public consultation process and may put additional pressure on Council to consider the increase of density around the central business district.

Refusal of the application may result in an appeal process. The applicant can appeal Council’s decision by submitting the Planning Proposal to the Department of Planning and Environment through the Rezoning Review process.

Internal / External Consultation

A Councillor workshop was held on 16 September where officers presented the Planning Proposal to Councillors.

Internal referral occurred. There is support for the proposal to proceed.

Formal public consultation with the general public and relevant referral agencies specified by the conditions of the Gateway will occur after the Gateway Determination.

As this proposal includes a reclassification of community land to operational, a public hearing will be conditioned as part of any Gateway Determination. The public hearing will be chaired by an independent person and will enable the opportunity for affected community members to raise concerns in a public forum. The independent chair will prepare a report with recommendations based on the public hearing. In accordance with the Practice note PN 16-001 - Classification and reclassification of public land through and environmental plan - the exhibition period is a minimum of 28 days with a further 21 days public notice required for the public hearing.

Proposed consultation methods are indicated in the table below.

Mail

Traditional Media

Community Engagement

Digital

Rates notices insert

Direct mail

Letterbox drop

Council news

Media release

Media opportunity

TV/radio advertising

One-on-one meeting(s)

Community meeting(s)

Stakeholder workshop(s)

Drop-in session(s)

Survey/feedback form(s)

Have your Say

Email newsletter

Social media

Website

Inform

Consult

Involve

Collaborate

Other methods (please list specific details below)

Attachments

1.	LEP23/0001 Planning Proposal - Provided under separate cover
2.	LEP23/0001 Infrastructure Services Mapping - Provided under separate cover
3.	LEP23/0001 Information Checklist - Provided under separate cover
4.	LEP23/0001 Police Submission - Provided under separate cover
5.	LEP23/0001 Planning Proposal Application - Provided under separate cover
6.	LEP23/0001 Title Search and Deposited Plan - Provided under separate cover
7.	LEP23/0001 Planning Proposal Assessment Report - Provided under separate cover

Report submitted to the Ordinary Meeting of Council on Monday 23 October 2023

RP-5

RP-5 RESPONSE TO NOTICE OF MOTION - SHORT STAY ACCOMMODATION

Author: Andrew Stockman

Executive: John Sidgwick

Summary:

· Rental market conditions in Wagga Wagga remain tight driven mainly by the supply-demand imbalance caused by large population gains outstripping construction of new homes.

· The contribution from the listed short stay accommodation market to the supply mismatch is small (just 1% of existing total stock and 3.3% of rental stock).

· Any interventions by Council from the introduction of new fees and charges for short stay providers would have limited effect on supply shortfalls if all those properties converted to rental stock (< 1 year of stock).

· Any intervention from fees or charges would raise limited net funds for Council (estimated at between $100,000-$250,000 revenue even assuming a high registration fee or surcharge of $1,000 per property and not factoring in enforcement costs).

· The NSW Government is actively considering the introduction of a whole-of- State levy (similar to the Victorian Government’s new budget short stay tax policy) or a bed tax.

· New commercial short stay accommodation fees and charges could cause negative spill-over effects into other key sectors including the visitor economy, Council’s ability to attract large new events, accommodation available for supporting hospital in-patients, and accommodation for key FIFO workers.

Recommendation

That Council:

a do not introduce a rating levy or new fee for short stay accommodation providers in the short term given the likely introduction of a NSW state-wide short stay accommodation levy similar to the scheme introduced in Victoria

b note that any Wagga Wagga LGA specific short stay levy or fee would have limited impact on housing supply or yield limited new net revenue which could be directed at housing initiatives, and could have unintended consequences for other key sectors in the Wagga Wagga economy

c write to Federal and State Governments to request a detailed review of the impacts of short stay accommodation on housing supply, with a specific focus on the differing market conditions and impacts on large inland regional cities

d write to Federal and State Governments to encourage a rapid increase of public housing in Wagga Wagga and confirm how much budget and housing will be allocated in the 2023-2026 horizon to the Wagga Wagga LGA for net new public housing, buy to rent schemes and other building stimulus packages announced

e note the development of the Wagga Wagga Housing Strategy that quantifies the current housing deficit (including public housing) and how Council actions could assist in helping other sectors deliver and close the housing supply gap

f do not establish a housing trust for the development of affordable housing

Report

At the 30 January 2023 Ordinary Meeting of Council, it was resolved:

That Council:

a receive a report considering the impact of Airbnb and other short stay models has on distorting rental markets, affordability, and intensifying housing shortages, and any strategies to mitigate problems that arise

b include in the affordable housing report responding to the February 2021 notice of motion on affordable housing an evaluation of an affordable housing trust to be established by council in the near future. The purposes of such a trust would be the production of affordable housing to increase opportunities for working families and individuals to access decent affordable homes

This report has been produced in response to this resolution.

Background

Like other areas of Australia and New South Wales, housing and rental availability and affordability deteriorated in Wagga Wagga during the Covid lockdown periods. Supply and demand mismatches were initially driven by rapid population and household demand growth as a result of mobility restrictions during Covid. Available supply of new household construction was unable to keep pace with this net growth, reducing the available housing stock on the market and pushing up purchase and rental prices.

These pressures have remained during the recovery period. The lack of mobility population driver has been replaced in the post Covid phase by rapid population growth driven by the reopening of international borders as the Federal Government boosted net inward migration numbers. With private and public housing supply unable to keep pace with strong demand, a further round of lowering stock and rising prices commenced. The population driven demand-supply mismatch in the worst instances contributed to rising homelessness numbers and lengthening Public Housing waiting lists.

Recent rental market evidence

(1) Vacancy Levels

Rental Vacancies in the Wagga Wagga LGA were estimated to be 1.2% in March 2023 (Sydney CBD 1.3%). This indicates a continuation of the tight market conditions seen from March 2020, albeit with a slight easing of rental market availability conditions in recent months

(Source: Real Estate Institute of New South Wales)

(2) Rental Prices

Median rental prices across the Wagga Wagga LGA area have risen across all types of housing from 2020, although the pace of rental price growth appears to be easing somewhat in recent months. The median rent for 2 bed houses was up 4.4% compared to a year earlier in June 2023, with 3 beds posting a 6.7% annual rise and 4 beds increasing by 7.1% year-on-year. Median rental prices for apartments climbed 9.4% annually in June 2023.

Source: Real Estate Institute of New South Wales.

Type	Median Rental Price (weekly)	Growth (annual %)
2-Bed	$400	+6.7%
3-Bed	$470	+4.4%
4-Bed	$600	+7.1%
Units	$350	+9.4%

Although rental prices have increased sharply it appears the increases are in line with rental price growth in comparable Evocities (medium sized regional cities). Census data shows that the share of households in various rental price ranges is also in line with similar Evocities.

(3) Demand and supply mismatch

Tight rental market conditions during the Covid-period were driven by strong demand growth as mobility was restricted pushing up population and household growth, alongside a mismatch with available supply. Census data shows there was an increase of 2,576 households in the Wagga Wagga LGA area between the 2016-2021 period. An increase of 799 households renting was recorded in that period, though the share of households renting remained largely unchanged at 31.6% (slightly ahead of a comparable Evocities group). The share of renters in Social Housing fell from 4.9% of households in 2016 to 4.2% in 2021.

On the supply side building approval data below shows that 1870 residential buildings were approved between 2016 to 2021, pointing to a deficit of around 700 residences in the 5-year period compared to household demand growth. This supply-demand imbalance is the key driver of tight housing market conditions and the key driver of the rise in rental prices and the dwindling available stock.

Wagga Wagga LGA short stay accommodation

Alongside the mismatch in building supply and the rapid population/demand growth, a few other factors have been put forward as to contributing to the rental supply squeeze and the rise in rental prices and deterioration in affordability. These include at the national level the possibility of a growing short stay accommodation market replacing some of the rental supply, including in the Wagga Wagga LGA area.

(1) Size of short stay market

In the Wagga Wagga LGA area in August 2023 there were 220 full properties listed on the AIRDNA database (measured in real time commercial short stay accommodation on the Air BnB and VRBO platforms for hire). An additional 42 listings were listed for room only accommodation – total 262 properties listed across the Wagga Wagga LGA. It is noted that there could be a small number of additional properties privately listed for short stay accommodation away from the commercial sites.

The size of the short stay market listed on the Air DNA database has risen only slightly from 2019. There was a rise in short stay supply between August 2018 to 2019 before the numbers fell again during the Covid lockdown in late 2021, before rising again in the second half of 2022 driven by rising listings for 2,3- and 4-bedroom houses.

Short stay accommodation therefore accounts for just 1% of the total housing stock in Wagga Wagga LGA, and 3.2% of all rental properties.

(2) Location of short stay accommodation

Data from the AIRDNA database shows that most of the supply of short-term accommodation is as expected located in the CBD area (135).

(3) Short stay occupancy rates, availability and prices

Average occupancy (reported by AIRDNA) throughout September 20022 to September 2023 was 69%. Occupancy rates across Short Stay accommodation varies across seasons and is in the range of 55-72%. Occupancy rates for Wagga Wagga Motels and Hotels are in the range 65-90%, with 100% occupancy during key events.

The average price though has risen in trend terms from 2018 from around $150 per night on average to $250 on average per night (depending on season).

Not all properties are available to rent all year around. An estimated 24.3% of the Wagga Wagga short stay market is only available for 1-90 days, 16.7% is listed for availability for between 91-180 days, 28.8% is available between 181-270 days and finally 30.2% is listed for availability between 271 and 365 days per year.

(4) Short stay accommodation revenue

Taking all factors into account (availability, occupancy and price) monthly turnover has ranged between $600,000 and $1,000,000 since early 2022. In the year to July 2023 yearly turnover was estimated at $9,700,000 across the Wagga LGA area (AIRDNA).

Effects of short stay accommodation on rental market

The short stay property accommodation stock across Wagga Wagga LGA accounts for only 1% of total household stock and 3.3% of total private rental stock. This is much lower than the 5-10% estimated share of short stay accommodation in total housing stock in Byron Bay and other coastal areas, and in other Metropolitan areas.

The % of properties available for more than half of the year is just 0.5% of total household stock across the LGA (150 properties). If all properties were to convert to owner occupied and then rented out it would only close the current supply gap by around 1 year. The contribution to the rise in rents and drop in affordability seen across Wagga Wagga from the short stay market is also likely to be marginal. Distortions to the Rental market from short stay accommodation, and its contribution to housing shortages do exist, but are limited in the regional city context compared to coastal and Metropolitan areas.

Future likely trends

Going forward pressure on rental prices and affordability could escalate once more as rising landlord costs (driven mostly by increasing mortgage debt repayments, insurance costs, rate increases and other cost of living pressures) are passed on to renters in a continuing tight supply market alongside robust population growth. The contribution to affordability pressures from short stay accommodation is therefore likely to remain small compared to other factors pressurising the market.

The supply-demand rental market mismatch can only be fully solved going forward by either slowing population growth (Federal or State policy) and/or by rapidly increasing the supply. The recent Federal Government announcement to build 1.2 million new homes over the next five years will be challenging given already high construction rates, already high construction employment, materials shortages and a focus on improved quality builds. From a state perspective, recent budget announcements also recommitted to ramping up building of private and public housing and strengthening the build to rent market, however it is unclear much budget and new housing will be allocated to the Wagga Wagga LGA area.

Policy options / strategies

At a Federal and State level several policy interventions have been discussed aimed at increasing the supply of housing given the likely large increases in population expected in the coming years driven by the high levels of inward migration proposed by the Federal Government. Alongside the ambitious residential Federal building incentive scheme, other policy options could be explored further including rental caps, taxation of empty properties and incentive schemes to boost rent-a-room renting.

From a Council perspective further lobbying of the State Government and other housing providers to fund and speed up the public housing building program could be continued. Better planning analysis and an action plan for the future housing needs within the Wagga Wagga LGA will be identified in the Wagga Wagga Housing Strategy which is currently under development.

Specifically, regarding the short stay accommodation market, it is likely that any interventions will have minimal effect on the housing supply in the short term and could risk the development of some unintended consequences into other key LGA services. Some options though include:

(a) Option A – introduce a Wagga Wagga LGA rates surcharge (Brisbane 65% rate surcharge, Hobart 100%).

(b) Option B – introduce a Wagga Wagga LGA short stay registration fee (Mornington $335, Warrnambool $400). A fee of $1000 would raise around $250,000 but costs for enforcement and collection would need to be netted out.

(c) Option C – Federal/State cap on listing time to <90 days (already 180-day cap in some areas of NSW but little evidence of enforcement)

(d) Option D – Federal/State Levy or Bed Tax ($5 per night has been proposed across the board for all accommodation types with funds reinvested in community infrastructure). Victoria has already introduced a short stay levy and the NSW Government is actively exploring a similar scheme.

(e) Option E – Improve renter rights and incentivise longer term renting contracts.

Some issues and unintended consequences to consider in Options A and B specific to Council control are:

(1) State or Federal interventions (Bed tax or levy) might surpass the Council intervention.

(2) Revenue raised is likely to be small around $0.1mn to $0.25mn and excludes costs of collection and enforcement (estimated to be at 0.5 FTE). If this revenue was dedicated to a housing fund it would contribute to only the building of 1 or 2 residential properties per year.

(3) A levy is likely to be passed onto consumers via higher accommodation prices. If other Councils do not have higher charges or levies, this could place other LGA’s at a competitive advantage around pricing and marketing over Wagga based short term providers targeting the visitor economy.

(4) Introduction of a Council fee or charge could push some short stay providers to sell their properties placing further pressure on accommodation for visitors at peak times. This could further limit Council’s ability to host large State tourism, sporting, cultural or conference events.

(5) Loss of short stay accommodation supply in the Hospital precinct and other neighbouring precincts could create accommodation problems for “medical tourists” who stay in those areas whilst supporting in-patients who reside outside of the LGA and need to stay overnight and close by.

Further evaluation of the supply/demand mismatch and accommodation needs of the Local Government Area will be detailed in the forthcoming Affordable Housing Report.

Council administered affordable housing trust

Part B of the 30 January 2023 Council resolution requested consideration of the establishment of a Council affordable housing trust.

Council’s current Long Term Financial Plan has significant budget deficits estimated for the next three financial years at over $5.7M deficit. These estimated deficits will be addressed during the annual budget revision process. However, Council’s current financial position, along with other items Council is considering funding in future budgets, and the above estimated lack of a substantial income stream to be generated from a locally enforced levy, would not allow for the establishment of a Council administered affordable housing trust at this stage.

Appendix A – Short stay data by LGA (Source AIRDNA):

Financial Implications

If Council were to introduce a Wagga Wagga LGA short stay registration fee, the revenue raised is likely to be small around $100K to $250K (excluding the cost of collection and enforcement which is estimated to be at 0.5 FTE.

Council’s current Long Term Financial Plan has significant budget deficits estimated for the next three financial years at over $5.7M deficit. These estimated deficits will be addressed during the annual budget revision process. However, Council’s current financial position, along with other items Council is considering funding in future budgets, and the above estimated lack of a substantial income stream that would be generated from a locally enforced levy, would not allow for the establishment of a Council administered affordable housing trust.

Policy and Legislation

Wagga Wagga Community Strategic Plan 2040

Link to Strategic Plan

Growing Economy

Objective: Wagga Wagga is an attractive tourist destination

Accommodate and provide support to visitors

Risk Management Issues for Council

N/A

Internal / External Consultation

Internal consultation was undertaken with the Regional Activation and Finance directorates.

A Councillor workshop was held 25 September 2023 on the topic of Short Stay Accommodation.

Report submitted to the Ordinary Meeting of Council on Monday 23 October 2023

RP-7

RP-7 FINANCIAL PERFORMANCE REPORT AS AT 30 SEPTEMBER 2023

Author: Carolyn Rodney

Summary:

This report is for Council to consider information presented on the 2023/24 budget and Long-Term Financial Plan, and details Council’s external investments and performance as at 30 September 2023.

Recommendation

That Council:

a approve the proposed 2023/24 budget variations for the month ended 30 September 2023 and note the balanced budget position as presented in this report

b approve the proposed budget variations to the 2023/24 Long Term Financial Plan Capital Works Program including new projects and timing adjustments

c note the Responsible Accounting Officer’s reports, in accordance with the Local Government (General) Regulation 2021 (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 of 30 September 2023 in accordance with section 625 of the Local Government Act 1993

Report

Wagga Wagga City Council (Council) forecasts a balanced budget position as of 30 September 2023.

Proposed budget variations including adjustments to the capital works program are detailed in this report for Council’s consideration and adoption.

Council has experienced a positive monthly investment performance for the month of September when compared to budget ($232,181 up on the monthly budget). This is mainly due to better than budgeted returns on Council’s investment portfolio as a result of the ongoing movement in the interest rate environment, as well as a higher than anticipated investment portfolio balance.

Key Performance Indicators

OPERATING INCOME

Total operating income is 24% of approved budget and is on track for the month of September 2023. 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 66% when compared to budget.

OPERATING EXPENSES

Total operating expenditure is 31% of approved budget, which is tracking over budget at this stage of the financial year, this is due to the payment of annual one-off expenses such as rates and insurance.

CAPITAL INCOME

Total capital income is 18% 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 in relation to expenditure incurred on the projects.

CAPITAL EXPENDITURE

Total capital expenditure including commitments is 18% of approved budget including pending projects. Excluding commitments, the total expenditure is 6% when compared to the approved budget.

WAGGA WAGGA CITY COUNCIL STATEMENT OF FINANCIAL PERFORMANCE 1 JULY 2023 TO 30 SEPTEMBER 2023
CONSOLIDATED STATEMENT
	ORIGINAL BUDGET 2023/24	BUDGET ADJ 2023/24	APPROVED BUDGET 2023/24	YTD ACTUAL EXCL COMMT'S 2023/24	COMMT'S 2023/24	YTD ACTUAL + COMMT'S 2023/24	YTD % OF BUD
Revenue
Rates & Annual Charges	(79,700,947)	0	(79,700,947)	(19,500,628)	0	(19,500,628)	24%
User Charges & Fees	(32,607,964)	7,180	(32,600,784)	(6,824,042)	0	(6,824,042)	21%
Other Revenues	(3,040,358)	0	(3,040,358)	(2,269,151)	0	(2,269,151)	75%
Grants & Contributions provided for Operating Purposes	(13,891,687)	(3,067,068)	(16,958,755)	(2,342,225)	0	(2,342,225)	14%
Grants & Contributions provided for Capital Purposes	(43,630,578)	(28,424,049)	(72,054,627)	(13,074,750)	0	(13,074,750)	18%
Interest & Investment Revenue	(4,873,916)	0	(4,873,916)	(2,104,515)	0	(2,104,515)	43%
Other Income	(1,564,445)	(22,667)	(1,587,112)	(598,816)	0	(598,816)	38%
Total Revenue	(179,309,895)	(31,506,604)	(210,816,499)	(46,714,127)	0	(46,714,127)	22%

Expenses
Employee Benefits & On-Costs	56,172,711	0	56,172,711	13,240,405	0	13,240,405	24%
Borrowing Costs	3,363,314	0	3,363,314	1,203,609	0	1,203,609	36%
Materials & Services	41,316,274	11,635,688	52,951,962	12,304,971	9,883,707	22,188,677	42%
Depreciation & Amortisation	44,291,577	0	44,291,577	11,072,894	0	11,072,894	25%
Other Expenses	1,954,429	35,245	1,989,674	728,061	46,534	774,595	39%
Total Expenses	147,098,304	11,670,933	158,769,237	38,549,939	9,930,241	48,480,179	31%

Net Operating (Profit)/Loss	(32,211,591)	(19,835,671)	(52,047,262)	(8,164,188)	9,930,241	1,766,053

Net Operating Result Before Capital (Profit)/Loss	11,418,987	8,588,378	20,007,366	4,910,561	9,930,241	14,840,802

Cap/Reserve Movements
Capital Expenditure - One Off Confirmed	33,539,246	45,320,874	78,860,120	5,019,432	15,392,686	20,412,118	26%
Capital Expenditure - Recurrent	21,649,500	10,362,526	32,012,027	3,316,719	3,594,083	6,910,801	22%
Capital Expenditure - Pending Projects	38,732,266	2,776,592	41,508,858	84,125	73,650	157,775	0%
Loan Repayments	7,523,436	0	7,523,436	1,630,859	0	1,630,859	22%
New Loan Borrowings	(10,609,635)	(972,614)	(11,582,248)	0	0	0	0%
Sale of Assets	(1,490,575)	(2,317,180)	(3,807,755)	(356,356)	0	(356,356)	9%
Net Movements Reserves	(12,841,071)	(35,334,529)	(48,175,599)	0	0	0	0%
Total Cap/Res Movements	76,503,167	19,835,671	96,338,838	9,694,779	19,060,419	28,755,198

Net Result after Depreciation	44,291,577	0	44,291,577	1,530,591	28,990,660	30,521,250

Add back Depreciation Expense	44,291,577	0	44,291,577	11,072,894	0	11,072,894	25%

Cash Budget (Surplus)/Deficit	0	0	0	(9,542,303)	28,990,660	19,448,356

Years 2-10 Long Term Financial Plan (Surplus) /Deficit

Description	Budget 2024/25	Budget 2025/26	Budget 2026/27	Budget 2027/28	Budget 2028/29	Budget 2029/30	Budget 2030/31	Budget 2031/32	Budget 2032/33
Adopted Bottom Line (Surplus) / Deficit	706,102	2,769,193	2,225,767	0	0	0	0	0	(953,513)
Adopted Bottom Line Adjustments	0	0	0	0	0	0	0	0	0
Revised Bottom Line (Surplus) / Deficit	706,102	2,769,193	2,225,767	0	0	0	0	0	(953,513)

2023/24 Revised Budget Result – (Surplus) / Deficit

$’000s

Original 2023/24 Budget Result as adopted by Council

Total Budget Variations approved to date.

Budget Variations for September 2023

$0K

Proposed Revised Budget result for 30 September 2023 - (Surplus) / Deficit

$0K

The proposed Operating and Capital Budget Variations for 30 September 2023 which affect the current 2023/24 financial year are listed below.

*Budget Variation*	*Amount*		*Funding Source*	*Net Impact* *(Fav)/ Unfav*
*5 – The Environment*
Glass Gallery Lift Control Upgrade		$70K	Buildings Reserve ($70K)	Nil
Funds are required for the urgent upgrade of the Glass Gallery Lift Controls. The upgrade is required due to the lift failing and being out of use until the upgrade is completed. It is proposed to fund the variation from the Buildings Reserve. Estimated Completion: 30 June 2024 Job Consolidation: 22613
Narrung & Billagha Street Upgrade		$250K	Sewer Reserve ($250K)	Nil
Roadworks have commenced on the renewal of the Narrung and Billagha Street pavements and it has been found that the existing pavement is very thin and not suitable for rehabilitating. A new 150mm thick base course is required to complete the roadworks to a suitable standard. The Narrung Sewer Treatment Plant is a major contributor of heavy vehicles and traffic that use this road. It is therefore proposed to fund the additional funds from the Sewer Reserve. This will bring the total project budget to $616,239, (funded from $250,000 Sewer Reserve, $127,539 Local Roads Repair Program & $238,700 Local Roads and Community Infrastructure Program Round 4. Estimated Completion: 30 June 2024 Job Consolidation: 22505
Lord Baden Powell Drive Redevelopment		$130K	Stormwater Reserve ($130K)	Nil
Installation of additional stormwater along the northern kerb of Kurrajong disability services was required to efficiently discharge to the existing stormwater system. This works required closure of existing access to Kurrajong and provision of temporary access. In addition, minor reshaping of existing stormwater detention basin was required as part of stormwater management. The second pedestrian crossing (near Kurrajong) which includes line marking, centre islands and lighting are confirmed as variation since it provides good connection from Botanic gardens and cost effective to build as part this contract. Unsuitable material discovered at subgrade level were required to remove to form solid foundation for pavement. The additional work and unforeseen requirements warranted additional time and budget required to complete the project. This required budget variation will bring the total project budget to $2,798K. Estimated Completion: 31 December 2023 Job Consolidation: 19736

2023/24 Capital Works Summary

Capital Works	Approved Budget	Proposed Movement	Proposed Budget
One-off	$78,860,120	$450,000	$79,310,120
Recurrent	$32,012,027	$0	$32,012,027
Pending	$41,508,858	$0	$41,508,858
Total Capital Works	$152,381,005	$450,000	$152,831,005

Current Restrictions

RESERVES SUMMARY
30 SEPTEMBER 2023
	CLOSING BALANCE 2022/23	ADOPTED RESERVE TRANSFERS 2023/24	BUDGET VARIATIONS APPROVED UP TO COUNCIL MEETING 18.9.2023	PROPOSED CHANGES for Council Resolution*	BALANCE AS AT 30 SEPTEMBER 2023

Externally Restricted
Developer Contributions - Section 7.11	(33,518,693)	5,650,317	4,550,043		(23,318,333)
Developer Contributions - Section 7.12	(427,766)	(28,137)	0		(455,903)
Developer Contributions - Stormwater Section 64	(7,952,971)	461,121	392,363		(7,099,487)
Sewer Fund	(45,473,006)	(486,810)	3,649,413	250,000	(42,060,402)
Solid Waste	(28,001,560)	1,115,349	8,217,416		(18,668,794)
Specific Purpose Unexpended Grants & Contributions	(13,419,243)	0	13,419,243		0
SRV Levee Reserve	(6,316,594)	0	46,718		(6,269,877)
Stormwater Levy	(5,350,848)	3,299,121	832,248	130,000	(1,089,479)
Total Externally Restricted	(140,460,680)	10,010,962	31,107,444	380,000	(98,962,274)

Internally Restricted
Additional Special Variation (ASV)	(630,214)	(304,627)	0		(934,841)
Airport	0	0	0		0
Art Gallery	(3,804)	0	0		(3,804)
Bridge Replacement	(277,544)	0	40,739		(236,805)
Buildings	(1,816,155)	222,330	158,168	70,000	(1,365,657)
CCTV	(47,471)	12,476	0		(34,995)
Cemetery	(1,246,587)	(240,585)	30,437		(1,456,735)
Civic Theatre	(127)	0	0		(127)
Civil Infrastructure	(8,750,164)	1,975,590	202,918		(6,571,656)
Council Election	(305,964)	(117,566)	0		(423,531)
Economic Development	(407,131)	0	388,773		(18,358)
Emergency Events Reserve	(245,427)	(91,807)	50,000		(287,235)
Employee Leave Entitlements Gen Fund	(3,604,926)	0	0		(3,604,926)
Environmental Conservation	(116,578)	0	0		(116,578)
Event Attraction	(969,436)	0	198,755		(794,392)
Financial Assistance Grants in Advance	(12,361,442)	0	0		(12,361,442)
Grant Co-Funding	(500,000)	0	0		(500,000)
Gravel Pit Restoration	(807,726)	13,333	0		(794,392)
Information Services	(2,419,649)	906,761	92,772		(1,420,116)
Insurance Variations	(50,000)	0	0		(50,000)
Internal Loans	(6,215,667)	(768,775)	1,004,695		(5,979,747)
Lake Albert Improvements	(127,751)	38,377	0		(89,374)
Library	(166,718)	(155,915)	0		(322,633)
Livestock Marketing Centre	(6,581,531)	1,077,258	2,337,085		(3,167,188)
Museum Acquisitions	(54,612)	10,000	0		(44,612)

	CLOSING BALANCE 2022/23	ADOPTED RESERVE TRANSFERS 2023/24	BUDGET VARIATIONS APPROVED UP TO COUNCIL MEETING 18.9.2023	PROPOSED CHANGES for Council Resolution*	BALANCE AS AT 30 SEPTEMBER 2023
Net Zero Emissions	(309,016)	(44,492)	226,196		(127,313)
Oasis Reserve	(1,324,304)	172,650	594,953		(556,701)
Parks & Recreation Projects	(1,061,367)	(137,862)	203,495		(995,735)
Parks Water	(180,000)	(150,000)	0		(330,000)
Planning Legals	(100,000)	(20,000)	0		(120,000)
Plant Replacement	(4,023,265)	128,993	2,353,001		(1,541,272)
Project Carryovers	(6,990,324)	0	6,990,324		0
Public Art	(238,510)	30,000	159,177		(49,332)
Service Reviews	(100,000)	0	0		(100,000)
Sister Cities	(30,590)	0	0		(30,590)
Stormwater Drainage	(110,178)	0	0		(110,178)
Strategic Real Property	(1,723,844)	0	(1,787,417)		(3,511,261)
Subdivision Tree Planting	(348,173)	20,000	0		(328,173)
Unexpended External Loans	(1,870,017)	136,612	1,650,416		(82,989)
Workers Compensation	(194,670)	25,000	9,520		(160,149)
Total Internally Restricted	(66,310,882)	2,737,751	14,904,007	70,000	(48,599,124)

Total Restricted	(206,771,562)	12,748,713	46,011,451	450,000	(147,561,398)

Total Unrestricted	(11,502,000)	0	0	0	(11,502,000)

Total Cash, Cash Equivalents, and Investments	(218,273,562)	12,748,713	46,011,451	450,000	(159,063,398)

Investment Summary as at 30 September 2023

In accordance with Regulation 212 of the Local Government (General) Regulation 2021, details of Wagga Wagga City Council’s external investments are outlined below.

Institution	Rating	Closing Balance Invested 31/08/2023 $	Closing Balance Invested 30/09/2023 $	September EOM Current Yield %	September EOM % of Portfolio	Investment Date	Maturity Date	Term (mths)
*At Call Accounts*
NAB	AA-	2,460,171	351,895	4.10%	0.16%	N/A	N/A	N/A
CBA	AA-	10,710,195	6,001,242	4.10%	2.65%	N/A	N/A	N/A
CBA	AA-	24,448,671	24,534,844	4.15%	10.83%	N/A	N/A	N/A
Macquarie Bank	A+	9,382,655	9,412,682	3.90%	4.15%	N/A	N/A	N/A
*Total At Call Accounts*		47,001,692	40,300,663	4.08%	17.78%
*Short Term Deposits*
AMP	BBB	1,000,000	1,000,000	4.70%	0.44%	15/11/2022	15/11/2023	12
AMP	BBB	2,000,000	2,000,000	4.55%	0.88%	30/11/2022	30/11/2023	12
CBA	AA-	1,000,000	1,000,000	4.69%	0.44%	30/01/2023	30/01/2024	12
Australian Military Bank	BBB+	1,000,000	1,000,000	5.06%	0.44%	24/05/2023	24/05/2024	12
Australian Unity	BBB+	1,000,000	1,000,000	5.44%	0.44%	8/06/2023	11/06/2024	12
ING Bank	A	2,000,000	2,000,000	5.62%	0.88%	26/06/2023	26/06/2024	12
ING Bank	A	2,000,000	2,000,000	5.65%	0.88%	30/06/2023	28/06/2024	12
Heritage and People's Choice	BBB+	1,000,000	1,000,000	5.80%	0.44%	10/07/2023	10/07/2024	12
CBA	AA-	2,000,000	2,000,000	5.27%	0.88%	31/08/2023	30/08/2024	12
*Total Short Term Deposits*		13,000,000	13,000,000	5.22%	5.74%
*Medium Term Deposits*
BOQ	BBB+	2,000,000	2,000,000	1.20%	0.88%	4/01/2022	4/01/2024	24
BOQ	BBB+	1,000,000	1,000,000	3.78%	0.44%	1/06/2022	3/06/2024	24
Westpac	AA-	2,000,000	2,000,000	1.32%	0.88%	28/06/2021	29/06/2026	60
Westpac	AA-	2,000,000	2,000,000	1.80%	0.88%	15/11/2021	17/11/2025	48
ICBC	A	2,000,000	2,000,000	2.03%	0.88%	6/11/2019	6/11/2024	60
ICBC	A	2,000,000	2,000,000	1.83%	0.88%	28/11/2019	28/11/2024	60
Judo Bank	BBB-	1,000,000	1,000,000	1.30%	0.44%	3/12/2021	4/12/2023	24
ICBC	A	1,000,000	1,000,000	1.75%	0.44%	6/01/2020	8/01/2024	48
BOQ	BBB+	1,000,000	1,000,000	2.00%	0.44%	28/02/2020	28/02/2025	60
Police Credit Union	NR	1,000,000	1,000,000	2.20%	0.44%	1/04/2020	1/04/2025	60
ICBC	A	1,000,000	1,000,000	1.85%	0.44%	29/05/2020	29/05/2025	60
ICBC	A	1,000,000	1,000,000	1.86%	0.44%	1/06/2020	2/06/2025	60
ICBC	A	2,000,000	2,000,000	1.75%	0.88%	25/06/2020	25/06/2025	60
ICBC	A	2,000,000	2,000,000	1.75%	0.88%	25/06/2020	25/06/2025	60
ICBC	A	2,000,000	2,000,000	1.60%	0.88%	29/06/2020	28/06/2024	48
ICBC	A	3,000,000	3,000,000	5.07%	1.32%	30/06/2022	30/06/2027	60
ICBC	A	2,000,000	2,000,000	1.42%	0.88%	7/07/2020	8/07/2024	48
ICBC	A	2,000,000	2,000,000	1.50%	0.88%	17/08/2020	18/08/2025	60
BoQ	BBB+	1,000,000	1,000,000	1.25%	0.44%	7/09/2020	8/09/2025	60
BoQ	BBB+	2,000,000	2,000,000	1.25%	0.88%	14/09/2020	15/09/2025	60
NAB	AA-	1,000,000	1,000,000	5.23%	0.44%	14/09/2023	16/09/2024	12
AMP	BBB	1,000,000	1,000,000	3.30%	0.44%	25/05/2022	27/11/2023	18
ICBC	A	1,000,000	1,000,000	1.20%	0.44%	7/12/2020	8/12/2025	60
NAB	AA-	2,000,000	2,000,000	0.95%	0.88%	29/01/2021	29/01/2026	60
NAB	AA-	1,000,000	1,000,000	1.08%	0.44%	22/02/2021	20/02/2026	60
NAB	AA-	2,000,000	2,000,000	1.25%	0.88%	3/03/2021	2/03/2026	60
NAB	AA-	2,000,000	2,000,000	1.40%	0.88%	21/06/2021	19/06/2026	60
Westpac	AA-	2,000,000	2,000,000	1.32%	0.88%	25/06/2021	25/06/2026	60
ICBC	A	1,000,000	1,000,000	1.32%	0.44%	25/08/2021	25/08/2026	60
AMP	BBB	2,000,000	2,000,000	1.00%	0.88%	18/10/2021	17/10/2024	36
Westpac	AA-	2,000,000	2,000,000	1.56%	0.88%	30/11/2021	29/11/2024	36
Westpac	AA-	2,000,000	2,000,000	2.00%	0.88%	8/02/2022	10/02/2025	36
P&N Bank	BBB	2,000,000	2,000,000	2.40%	0.88%	9/03/2022	10/03/2025	36
P&N Bank	BBB	2,000,000	2,000,000	2.00%	0.88%	10/03/2022	11/03/2024	24
MyState	BBB	2,000,000	2,000,000	2.20%	0.88%	2/03/2022	3/03/2025	36
CBA	AA-	2,000,000	2,000,000	3.28%	0.88%	26/04/2022	26/04/2024	24
CBA	AA-	2,000,000	2,000,000	3.78%	0.88%	4/05/2022	6/05/2024	24
CBA	AA-	2,000,000	2,000,000	3.99%	0.88%	4/05/2022	5/05/2025	36
ING Bank	A	1,000,000	1,000,000	3.76%	0.44%	23/05/2022	23/05/2024	24
ICBC	A	2,000,000	2,000,000	3.95%	0.88%	6/06/2022	6/06/2024	24
Australian Unity	BBB+	2,000,000	2,000,000	4.15%	0.88%	8/06/2022	11/06/2024	24
Suncorp	A+	2,000,000	2,000,000	4.40%	0.88%	22/06/2022	14/12/2023	18
MyState	BBB	2,000,000	2,000,000	4.45%	0.88%	29/06/2022	28/06/2024	24
BoQ	BBB+	1,000,000	1,000,000	4.50%	0.44%	7/07/2022	7/07/2025	36
CBA	AA-	1,000,000	1,000,000	4.25%	0.44%	12/08/2022	12/08/2025	36
P&N Bank	BBB	3,000,000	3,000,000	4.55%	1.32%	29/08/2022	29/08/2025	36
Australian Military Bank	BBB+	2,000,000	2,000,000	4.55%	0.88%	2/09/2022	2/09/2025	36
P&N Bank	BBB	1,000,000	1,000,000	4.40%	0.44%	9/09/2022	9/09/2025	36
BoQ	BBB+	1,000,000	1,000,000	4.70%	0.44%	4/10/2022	4/10/2024	24
AMP	BBB	2,000,000	2,000,000	4.95%	0.88%	21/10/2022	21/10/2024	24
ICBC	A	2,000,000	2,000,000	5.20%	0.88%	21/10/2022	21/10/2025	36
AMP	BBB	1,000,000	1,000,000	4.75%	0.44%	15/11/2022	14/11/2024	24
AMP	BBB	1,000,000	1,000,000	4.80%	0.44%	21/11/2022	20/11/2025	36
P&N Bank	BBB	2,000,000	2,000,000	4.75%	0.88%	16/12/2022	16/12/2024	24
Police Credit Union	NR	2,000,000	2,000,000	5.04%	0.88%	15/02/2023	17/02/2025	24
Police Credit Union	NR	2,000,000	2,000,000	4.94%	0.88%	14/03/2023	14/03/2025	24
P&N Bank	BBB	2,000,000	2,000,000	5.00%	0.88%	14/03/2023	15/03/2027	48
Hume Bank	BBB+	2,000,000	2,000,000	4.75%	0.88%	31/03/2023	31/03/2025	24
Auswide	BBB	2,000,000	2,000,000	4.95%	0.88%	13/04/2023	13/04/2026	36
P&N Bank	BBB	2,000,000	2,000,000	5.20%	0.88%	20/04/2023	20/04/2027	48
P&N Bank	BBB	1,000,000	1,000,000	5.20%	0.44%	26/05/2023	26/05/2026	36
ING Bank	A	2,000,000	2,000,000	5.37%	0.88%	21/08/2023	21/08/2025	24
*Total Medium Term Deposits*		105,000,000	105,000,000	3.10%	46.33%
*Floating Rate Notes - Senior Debt*
Westpac	AA-	2,514,833	2,523,804	BBSW + 88	1.11%	16/05/2019	16/08/2024	63
Suncorp	A+	1,256,985	1,261,789	BBSW + 78	0.56%	30/07/2019	30/07/2024	60
ANZ	AA-	2,006,350	2,013,541	BBSW + 77	0.89%	29/08/2019	29/08/2024	60
HSBC	AA-	2,528,977	2,506,772	BBSW + 83	1.11%	27/09/2019	27/09/2024	60
ANZ	AA-	1,514,261	1,519,597	BBSW + 76	0.67%	16/01/2020	16/01/2025	60
NAB	AA-	2,018,520	2,025,773	BBSW + 77	0.89%	21/01/2020	21/01/2025	60
Newcastle Permanent	BBB	1,103,280	1,108,191	BBSW + 112	0.49%	4/02/2020	4/02/2025	60
Macquarie Bank	A+	2,009,317	2,017,014	BBSW + 84	0.89%	12/02/2020	12/02/2025	60
BOQ Covered	AAA	553,805	555,941	BBSW + 107	0.25%	14/05/2020	14/05/2025	60
UBS	A+	1,504,181	1,510,063	BBSW + 87	0.67%	30/07/2020	30/07/2025	60
Bank of China Australia	A	1,506,947	1,512,966	BBSW + 78	0.67%	27/10/2020	27/10/2023	36
CBA	AA-	2,008,413	2,014,881	BBSW + 70	0.89%	14/01/2022	14/01/2027	60
Rabobank	A+	2,000,088	2,007,516	BBSW + 73	0.89%	27/01/2022	27/01/2027	60
Newcastle Permanent	BBB	984,930	989,528	BBSW + 100	0.44%	10/02/2022	10/02/2027	60
NAB	AA-	2,397,144	2,403,865	BBSW + 72	1.06%	25/02/2022	25/02/2027	60
Bendigo-Adelaide	BBB+	1,669,619	1,654,389	BBSW + 98	0.73%	17/03/2022	17/03/2025	36
ANZ	AA-	2,015,529	2,022,024	BBSW + 97	0.89%	12/05/2022	12/05/2027	60
NAB	AA-	1,708,709	1,714,802	BBSW + 90	0.76%	30/05/2022	30/05/2025	36
Suncorp	A+	903,526	907,028	BBSW + 93	0.40%	22/08/2022	22/08/2025	36
ANZ	AA-	2,543,875	2,551,859	BBSW + 120	1.13%	4/11/2022	4/11/2027	60
NAB	AA-	2,535,576	2,542,410	BBSW + 120	1.12%	25/11/2022	25/11/2027	60
Suncorp	A+	1,121,491	1,110,686	BBSW + 125	0.49%	14/12/2022	14/12/2027	60
CBA	AA-	2,037,457	2,043,183	BBSW + 115	0.90%	13/01/2023	13/01/2028	60
Bank Australia	BBB	1,911,870	1,920,075	BBSW + 155	0.85%	22/02/2023	22/02/2027	48
Bendigo-Adelaide Covered	AAA	1,014,206	1,003,790	BBSW + 115	0.44%	16/06/2023	16/06/2028	60
CBA	AA-	2,511,001	2,518,746	BBSW + 95	1.11%	17/08/2023	17/08/2028	60
ANZ	AA-	0	2,105,578	BBSW + 93	0.93%	11/09/2023	11/09/2028	60
*Total Floating Rate Notes - Senior Debt*		45,880,890	48,065,810		21.21%
*Fixed Rate Bonds*
ING Covered	AAA	675,494	672,223	1.10%	0.30%	19/08/2021	19/08/2026	60
Northern Territory Treasury	AA-	3,000,000	3,000,000	1.00%	1.32%	24/08/2021	16/12/2024	40
Northern Territory Treasury	AA-	3,000,000	3,000,000	1.50%	1.32%	24/08/2021	15/12/2026	64
BoQ	BBB+	1,740,076	1,731,861	2.10%	0.76%	27/10/2021	27/10/2026	60
Northern Territory Treasury	AA-	2,000,000	2,000,000	1.50%	0.88%	6/08/2021	15/12/2026	64
Northern Territory Treasury	AA-	1,000,000	1,000,000	1.50%	0.44%	14/07/2021	15/12/2026	65
Northern Territory Treasury	AA-	2,000,000	2,000,000	1.30%	0.88%	29/04/2021	15/06/2026	61
Northern Territory Treasury	AA-	2,000,000	2,000,000	1.00%	0.88%	30/11/2020	15/12/2025	60
Northern Territory Treasury	AA-	1,000,000	1,000,000	1.00%	0.44%	20/11/2020	15/12/2025	61
Northern Territory Treasury	AA-	2,000,000	2,000,000	1.00%	0.88%	21/10/2020	15/12/2025	62
*Total Fixed Rate Bonds*		18,415,570	18,404,084	1.30%	8.12%
*Managed Funds*
NSW Tcorp	NR	1,894,480	1,850,667	-2.31%	0.82%	17/03/2014	1/09/2028	173
*Total Managed Funds*		1,894,480	1,850,667	-2.31%	0.82%
TOTAL CASH ASSETS, CASH EQUIVALENTS & INVESTMENTS		231,192,632	226,621,224		100.00%
LESS: RIVERINA REGIONAL LIBRARY (RRL) CASH AT BANK		2,520,922	2,516,408
TOTAL WWCC CASH ASSETS, CASH EQUIVALENTS & INVESTMENTS		228,671,710	224,104,816

Council’s investment portfolio is dominated by Term Deposits, equating to approximately 52% of the portfolio across a broad range of counterparties. Cash equates to 18%, with Floating Rate Notes (FRNs) around 21%, fixed rate bonds around 8% 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 decreased slightly over the past month, down from $228.67M to $224.10M.

Monthly Investment Movements

Redemptions/Sales – Council did not redeemed or sell any investment securities during September 2023.

New Investments – Council purchased the following investment security during September 2023:

Institution and Type	Amount	Investment Term	Interest Rate	Comments
ANZ (AA-) Floating Rate Note	$2.1M	5 years	BBSW +93bps	Council’s independent Investment Advisor advised this Floating Rate Note represented good value with a potential grossed-up value of +125-130bps after 2 years.

Institution and Type

Amount

Investment

Term

Interest

Rate

Comments

ANZ (AA-) Floating Rate Note

$2.1M

5 years

BBSW +93bps

Council’s independent Investment Advisor advised this Floating Rate Note represented good value with a potential grossed-up value of +125-130bps after 2 years.

Rollovers – Council did not rollover any investment securities during September 2023.

Monthly Investment Performance

Interest/growth/capital gains/(losses) for the month totalled $595,013, which compares favourably with the budget for the period of $362,832 - outperforming budget for the month by $232,181.

Council’s outperformance to budget for September is mainly due to better than budgeted returns on Councils investment portfolio as well as a higher than anticipated investment portfolio balance. This is a result of the ongoing movements in the cash rate made by the Reserve Bank of Australia, with the latest increase in early June 2023 bringing the cash rate to 4.10% from a record low of 0.10% in April 2022.

Council experienced a negative return on its NSW T-Corp Managed Fund for the month of September, with the fund returning -2.31% (or -$43,814) as international (-4.46%) and domestic (-1.50%) shares detracted during the month.

In comparison to the AusBond Bank Bill Index* of 4.18% (annualised), Council’s investment portfolio returned 3.24% (annualised) for the month of September. This underperformance against the benchmark for the month is mainly due to lower returns on fixed deposits and bonds due to a proportion of these being locked in prior to the unexpected RBA rate hikes, as well as the negative return experienced from Councils NSW T-Corp Managed Fund. Cash and At‑Call accounts returned 4.10% (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, Council’s investment portfolio has returned 3.25%, marginally underperforming the AusBond Bank Bill index by -0.32%. Councils investment portfolio has continued to outperform the AusBond Bank Bill Index* over the longer-term time period, returning 2.09% per annum over the past 3 years – outperforming the benchmark by 0.73% over this time.

* 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 Investment Policy adopted by Council on 21 November 2022.

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 2021

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 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 2023/24 to 2032/33

Report submitted to the Ordinary Meeting of Council on Monday 23 October 2023

RP-8

RP-8 REQUESTS FOR FINANCIAL ASSISTANCE - SECTION 356

Author: Carolyn Rodney

Summary:

Council has received four (4) fee waiver requests which are detailed for Council’s consideration.

Recommendation

That Council:

a in accordance with Section 356 of the Local Government Act 1993, provide financial assistance to the following organisations:

i. Scouts NSW - $178.20 (Request 1)

ii. St Aidan’s Presbyterian Church - $155.00 (Request 2)

iii. Demonstration Gardens Wagga Wagga - $800.00 (Request 3)

iv. Wagga Historic Engine Club Inc - $800.00 (Request 4)

b advise both the Demonstration Gardens Wagga Wagga and the Wagga Historic Engine Club Inc that the licence fee charge will be payable in future financial years

c note the proposed budget available for financial assistance requests for the remainder of the 2023/24 financial year

Report

Four (4) financial assistance requests are proposed for consideration at this Ordinary Council meeting. Details of the requests are shown below:

1. Scouts NSW – Request for partial waiver of Annual Fire Safety Statement Fees from 2016-2019 - $178.20

The Annual Fire Safety Statements for the Scout Hall at 13 Marloo Cresent from 2016-2019 are currently outstanding, totalling $356.40. Scouts NSW have requested a 50% reduction in the total charges outstanding over the four-year period. Due to administrative issues that have occurred, staff feel it is reasonable to reduce the outstanding charges by 50%, totalling $178.20.

The above request aligns with Council’s Strategic Plan “Community Place and Identity” – Objective: Our community feel welcome, included and connected”

Scouts NSW have not received any other financial assistance from Council this financial year.

2. St Aidans Presbyterian Church – Request for fee waiver of Hire Fees – $155.00

Min Lee, on behalf of the St Aidans Presbyterian Church Committee of Management in the attached letter requests:

To whom it may concern,

Firstly, St Aidan’s Wagga and St Andrew’s Wagga would like to say thank you to Wagga Wagga City Council for allowing us to use the Wollundry Lagoon Amphitheatre on Good Friday over the last 8 years. It is a great place to bring two Presbyterian churches in Wagga Wagga together in a public location, and to invite people to join our Good Friday service and share morning tea with hot cross buns.

As all cost-of-living expenses have increased over the last couple of years, we were wondering whether Council would consider covering or reducing the venue hiring cost of the amphitheatre to help us reduce the cost of the event. Last time we paid a total of $330.00 for venue hire of the Wollundry Lagoon Precinct and Amphitheatre ($180.00) and use of the external toilets at this Civic Theatre ($150.00) for Good Friday.

As this is a cultural experience event for the Wagga Wagga community that is open to the public and we only use the venue for a half day, we would like to ask Council to consider supporting us by waiving the total cost of hiring the venue or, alternatively, charging us for a half day at a 50% rate.

Thank you for your time. We are looking forward to hearing from you.

With kind regards,

Yours Sincerely

Min Lee

On behalf of the St Aidans Presbyterian Church Committee of Management

Hire of the Wollundry Lagoon Precinct and the Civic Theatre toilets totals $310.00. A 50% reduction in hire fees results in a total waiver of $155.00.

The above request aligns with Council’s Strategic Plan “Community Place and Identity” – Objective: Our community feel welcome, included and connected”.

St Aidans Presbyterian Church have not received any other financial assistance from Council this financial year.

3. Demonstration Gardens Wagga Wagga – Request waiver of Annual Licence Fee - $800.00

James Gillespie, Secretary of the Demonstration Gardens Wagga Wagga in the attached letter requests:

Dear Council

We are writing from the not-for-profit (Incorporated) Community Garden, the Demonstration Gardens Wagga Wagga. We would like to apply for a waiver for the annual licence fee for our Service Level Agreement to license the land our garden sits on. The garden first opened its doors around 2002, when an agreement was made between the council land the volunteers to begin a community garden at 51-53 Shaw Street. The garden makes a significantly valuable contribution to the community of Wagga Wagga and meets several Sustainable Development Goals. Volunteers collectively run the garden, demonstrating sustainable methods of growing plants and producing food that are suitable for Wagga Wagga. Visitors and volunteers can come to the gardens 3 mornings a week and workshops are held at various times throughout the

year.

The Demonstration Gardens engages many areas of the community - migrant and refugee community members have planted many plants from different cultures; disability groups come and garden (Currently 2 groups from the Leisure Company visit once a week). Food which is produced is shared with volunteers and the public, and we deliver much leftover produce to local food banks.

The gardens do not have any consistent income and are run entirely by volunteers. We accept small amounts of donations of vegetables or plants from the public, which help us to afford our liability insurance and occasional purchases of equipment. We also apply for community grants, for occasional equipment needs. We have managed to maintain a good balance of this over the 20 years the gardens have run.

A yearly fee of $800 would be extremely difficult for the Demonstration Gardens to meet - it would make sustainability difficult and financial failure of the gardens a high risk. We would like therefore to respectfully ask the council to waive these fees, in line with the council’s Financial Assistance Policy.

As per 2.2.3.1 of the policy we are a not-for-profit organisation.

The following address the assessment items of 2.2.3.2 Waiving of Hire/Lease

Fees of Council

Facilities:

Purpose of the donation

We are applying for a waiver of the annual license fee of $800.

Alignment with Council’s Community Strategic Plan 2040 - Wagga View and Council’s Delivery Program and Operational Plan

Delivery Program and Operational Plan:

in line with the principles of the plan, the gardens are a thriving community that has been a part of Wagga Wagga for more than twenty years. The gardens demonstrate innovative and contemporary principles in gardening, food production, permaculture, and sustainable living. They provide vital connections for the community and members of the gardens and are a source of wellbeing for those who visit and volunteer. The gardens are inclusive, with accessible spaces for people with disabilities (raised beds, smooth wide pathways), and engagement with many diverse areas of the community, notably disability groups and refugee groups. The gardens meet one of the key priorities of the plan, in Environment, in the aims and practices of the gardens by demonstrating sustainable practice in the Wagga Wagga climate.

Community Strategic Plan 2040:

the gardens meet the strategic plan for a safe and healthy community, by providing a space for volunteer members and visitors to get exercise, improve wellbeing and access highly nutritious food. In this way the gardens engage deeply in the plan to promote a healthy lifestyle. In demonstrating innovative growing principles that are tailored to the Wagga environment, the gardens also contribute significantly to creating a sustainable environment for future generations.

Previous donations and support provided to the applicant by Council

Community @ Work Grant, 2021-22 for $1,900.

Amount requested

$800 annual license fee 01/08/2023 - 31/07/2024. Invoice 543831

Applicants access to alternative sources of funding (including the ability to generate income from the usage of the facility)

The gardens do not have any access to any regular funds. One off grants are applied for when equipment is required, and we receive small and variable donations from the community from time to time that allow us to meet financial obligations such as insurance

Annual budget allowance

The gardens manage small amounts of funds to maintain insurance, registration fees etc - we can provide Council with a budget but this item does not appear to apply to this application for small waiver of fees.

The requirement for an organisation to provide a copy of its most recent annual report and financial statements and a budget for the event/project when the requested donation is equal to or greater than $2,000.

Our request for waiving of fees is not greater than the amount of $2000 per annum

Organisations that intend to donate event proceeds to a charity are required to disclose the respective charity and basis behind the amount and the amount subsequently donated

This is not applicable to our application for support

Thank you for considering our application.

Yours Faithfully

James Gillespie

Secretary, Demonstration Gardens Wagga Wagga

The above request aligns with Council’s Strategic Plan “Community Place and Identity” – Objective: Our community feel welcome, included and connected”

The Demonstration Gardens Wagga Wagga fee waiver request of $1,020 for their annual license and preparation fee for the period 1 August 2022 – 31 July 2023 was recently approved at the 21 August 2023 Council meeting.

As noted in the proposed resolution, the annual licence fee waiver will not continue in future financial years.

4. Wagga Historic Engine Club Inc – Request for fee waiver of Annual Licence Fee - $800.00

Roger Harvey, Secretary of the Wagga Historic Engine Club in the attached letter requests:

Dear Sir

I am writing to you on behalf of the Wagga Historic Engine Club(WHEC) to seek consideration by Wagga Wagga city Council of a rebate on our license fee which is $800.00 and the $255.00 preparation fee.

Our club is wholly volunteer in nature and 100% of any money raised is used to improve the facility we maintain on the Willans Hill site.

Ours is not a wealthy club but we maintain an important tourist facility in an area which is vital for tourism to our city. This is illustrated by the recent visit of two car clubs to our city which based their visits in the grounds of WHEC while visiting and meeting in Wagga Wagga.

Our club is determined to improve our display in the building by enhancing our age of steam historic examples. This will greatly increase the attraction of our facility but will be costly to initiate.

Our club at the moment is adversely affected by the car park and Baden ’Powel upgrade where public access is limited. Our club is very appreciative of the contribution of WWCC to the amenity of our facilities and hope that the benefits of our relationship can continue into the future.

The WHEC would greatly appreciate consideration by WWCC of a rebate of our council fees which) if granted, will be used for the betterment of the club precinct on Willans Hill.

Yours sincerely

Roger Harvey

Hon Secretary, Wagga Historic Engine club

The above request aligns with Council’s Strategic Plan “Community Place and Identity” – Objective: Our community feel welcome, included and connected”

The Wagga Historic Engine Club Inc have not received any other financial assistance from Council this financial year.

As noted in the proposed resolution, the annual licence fee waiver will not continue in future financial years.

Financial Implications

Section 356 Budget Summary
2023/24 Budget available for requests received during financial year	$42,060.00
Total of fee waivers approved to date	($8,530.00)
Revised Balance of Section 356 fee waiver financial assistance	$33,530.00
1) Scouts NSW	($178.20)
2) St Aidans Presbyterian Church	($155.00)
3) Demonstration Gardens Wagga Wagga	($800.00)
4) Wagga Historic Engine Club Inc	($800.00)
Subtotal Fee Waivers included in this report – proposed to be funded from the Section 356 Budget	($1,933.20)
Balance of Section 356 fee waiver financial assistance budget for the remainder of the 2023/24 Financial Year	$31,596.80

Job consolidation number: 13619 Section 356 Donations/waiving of Council fees and charges

Policy and Legislation

POL 078 – Financial Assistance Policy

Link to Strategic Plan

Community Place and Identity

Objective: Our community feel welcome, included and connected

Activate community spaces to promote connectedness

Risk Management Issues for Council

N/A

Internal / External Consultation

Cross Directorate consultation has been undertaken as required.

Attachments

1 ⇩.	St Aidens Presbyterian Church - Section 356 Request
2 ⇩.	Demonstration Gardens Wagga Wagga - Section 356 Request
3 ⇩.	Wagga Historic Engine Club - Section 356 Request

Date

Meeting

Time

Monday, 29 January 2024

Ordinary Council Meeting

6:00pm

Monday, 12 February 2024

Ordinary Council Meeting

6:00pm

Monday, 26 February 2024

Ordinary Council Meeting

6:00pm

Monday, 11 March 2024

Ordinary Council Meeting

6:00pm

Monday, 25 March 2024

Ordinary Council Meeting

6:00pm

Monday, 8 April 2024

Ordinary Council Meeting

6:00pm

Monday, 29 April 2024

Ordinary Council Meeting

6:00pm

Monday, 13 May 2024

Ordinary Council Meeting

6:00pm

Monday, 27 May 2024

Ordinary Council Meeting

6:00pm

Tuesday, 11 June 2024

Ordinary Council Meeting

6:00pm

Monday, 24 June 2024

Ordinary Council Meeting

6:00pm

Monday, 22 July 2024

Ordinary Council Meeting

6:00pm

Monday, 5 August 2024

Ordinary Council Meeting

6:00pm

Monday, 26 August 2024

Ordinary Council Meeting

6:00pm

Monday, 14 October 2024

Ordinary Council Meeting

6:00pm

Monday, 28 October 2024

Ordinary Council Meeting

6:00pm

Monday, 18 November 2024

Ordinary Council Meeting

6:00pm

Monday, 16 December 2024

Ordinary Council Meeting

6:00pm

Applicant	Money Aint Got No Owners Pty Ltd
Owner	Money Aint Got No Owners Pty Ltd Directors: Darren White & Nicholas Karpathios
Development Cost	$894,300.00
Development Description	Demolition of two existing dwellings on site, construction of two storey childcare centre with associated car-parking, driveway, landscaping and fencing.

1.	DA22/0460.01 - s4.15 Assessment Report - Provided under separate cover
2 .	DA22/0460.01 - Architectural Plans - Provided under separate cover
3 .	DA22/0460.01 - Landscape plan and schedule - Provided under separate cover
4 .	DA22-0460.01 - Stormwater layout plan - Provided under separate cover
5 .	DA22/0460.01 - Statement of Environmental Effects - Provided under separate cover
6 .	DA22/0460.01 - Environmental Noise Assessment and addendum letter - Provided under separate cover
7 .	DA22/0460.01 - Parking Certification,Traffic Report and addendum letter - Provided under separate cover
8 .	DA22/0460.01 - Flood risk management report - Provided under separate cover
9 .	DA22/0460.01 - Redacted Submissions - Provided under separate cover
10 .	DA22/0460.01 - Redacted submissions to original application - Provided under separate cover
11 .	DA22/0460.01 - Original s4.15 Assessment Report to Council(DA22/0460) - May 2023 - Provided under separate cover

1.	Proposed Section 10 of the Wagga Wagga Development Control Plan 2010 - Provided under separate cover
2.	WWDCP 2010 Amendment 26 - Redacted Submissions - Provided under separate cover

1.	Wagga Wagga Development Control Plan Amendment 27 - Amendment Summary Sheet - Provided under separate cover
2.	Wagga Wagga Development Control Plan 2010 - Draft Amendment 27 - Full Version Incorporating Amendments - Provided under separate cover
3.	Wagga Wagga Development Control Plan 2010 - Draft Amendment 27 - Full Version With Track Changes - Provided under separate cover

1 ⇩.	Draft New Public Interest Disclosures Policy (POL 097)
2 ⇩.	Current Public Interest Disclosures Policy (POL 097)

1 ⇩.	Active Notice of Motions as at 17 October 2023
2 ⇩.	Active Resolution Register as at 17 October 2023
3 ⇩.	Completed Resolution Register 16 August 2023 - 17 October 2023