C. Financial Management Reporting
C.1 Financial Management Analysis
Details of the directorate’s 2017-18 Financial Management Analysis is included in Volume 2 of the 2017-18 Chief Minister, Treasury and Economic Development Directorate Annual Report.
C.2 Financial Statements
The directorate’s 2017-18 Financial Statements are included in Volume 2 of the 2017-18 Chief Minister, Treasury and Economic Development Directorate Annual Report.
C.3 Capital Works
Capital Works Table
New Projects | Estimated Completion Date | Original Project Value ($'000) | Revised Project Value ($'000) | Prior Year Expenditure ($'000) | 2017-18 Actual Expenditure ($'000) | Total Expenditure to Date ($'000) |
|---|---|---|---|---|---|---|
2017-18 Better Infrastructure Fund | Sep-2018 | 7,418 | 7,418 | - | 6,015 | 6,015 |
Better services in your community – Tough on road safety | Dec-2018 | 176 | 176 | - | - | - |
Building a better city – Canberra Brickworks– Access road and Dudley Street upgrade | Jun-2020 | 8,000 | 8,000 | - | 667 | 667 |
Building a better city – Civic and Dickson office accommodation | Oct-2020 | 39,544 | 39,544 | - | 1,471 | 1,471 |
Building a better city - Dickson office accommodation | Oct-2020 | 26,000 | 26,000 | - | 1,268 | 1,268 |
Building a better city – Improving major venues | Sep-2018 | 1,000 | 1,000 | - | 497 | 497 |
Building a better city – Indoor Sports Centres – Early planning | Dec-2018 | 160 | 160 | - | - | - |
Canberra Theatre Temporary Carpark | Jun-2020 | - | 1,200 | - | 1,065 | 1,065 |
CBR Free Wi-Fi | Jun-2019 | - | 547 | - | 228 | 228 |
Learning Management System | Sep-2018 | 500 | 500 | - | - | - |
More and better jobs – Canberra Theatre Complex community consultation | Jun-2019 | 100 | 100 | - | - | - |
More and better jobs – Data analytics for smarter policy | Jun-2019 | 995 | 995 | - | 150 | 150 |
More and better jobs – Ensuring continuity of the Human Resources Information Management System | Mar-2020 | 11,000 | 11,000 | - | 1,555 | 1,555 |
More and better jobs – Expanding Belconnen Arts Centre | Jun-2021 | 15,000 | 15,000 | - | 324 | 324 |
More and better jobs – Improving Manuka Oval broadcast and media facilities | Nov-2018 | 320 | 11,920 | 342 | 3,064 | 3,406 |
More and better jobs – Improving Manuka Oval facilities – Stage 2 | Nov-2018 | 3,706 | - | - | - | - |
More and better jobs – Modernising government ICT infrastructure | Jun-2019 | 15,001 | 15,001 | - | 1,384 | 1,384 |
Works in Progress | Estimated Completion Date | Original Project Value ($'000) | Revised Project Value ($'000) | Prior Year Expenditure ($'000) | 2017-18 Actual Expenditure ($'000) | Total Expenditure to Date ($'000) |
Better Roads for Gungahlin – Enhanced Town Centre road network | Jun-2019 | 13,959 | 8,006 | 7,586 | 390 | 7,976 |
Better Roads for Gungahlin – Gungahlin town centre road network improvements | Jun-2019 | 4,500 | 4,500 | 109 | 1,332 | 1,441 |
Better Roads for Gungahlin – Horse Park Drive duplication | Jun-2019 | 17,127 | 14,232 | 11,682 | 2,149 | 13,831 |
Better Services – Dickson Motor Vehicle inspection station | Nov-2018 | 800 | 800 | 607 | 182 | 789 |
Better Services – Weston Creek and Stromlo swimming pool and leisure centre | Jun-2021 | 33,000 | 33,000 | 10 | 175 | 185 |
Canberra Regional Visitors Centre Relocation | Jun-2019 | - | 5,294 | 4,394 | 579 | 4,973 |
Caring for our Environment – Lake Tuggeranong Water Quality Improvement – Stage 2 (Isabella Weir) | Jun-2020 | 9,000 | 9,000 | - | 5,791 | 5,791 |
Cravens Creek Water Quality Control Pond | Dec-2018 | 21,000 | 9,623 | 9,380 | 96 | 9,476 |
Foreign Ownership of Land Titles Register (Commonwealth Grant) | Dec-2018 | 800 | 800 | 106 | 294 | 400 |
Government Budget Management System | Jun-2019 | 5,302 | 5,302 | 1,906 | 209 | 2,115 |
iConnect – CRM, Secure Online Correspondence, Authentication, Identity and Access Management for customers | Jun-2019 | 15,875 | 20,065 | 10,583 | 6,468 | 17,051 |
ICT Transformation – Hybrid cloud computing | Nov-2018 | 6,080 | 0 | - | - | - |
Improved Arts Facilities for Canberra – Street Theatre | Sep-2018 | 180 | 180 | - | 113 | 113 |
Improving Art Facilities – Safety upgrades | Dec-2018 | 496 | 496 | 444 | 1 | 445 |
Improving Our Suburbs – New Molonglo Valley infrastructure | Jun-2020 | 32,970 | 32,970 | 258 | 7,660 | 7,918 |
Improving Road Safety – Traffic camera adjudication system upgrades | Sep-2018 | 1,160 | 1,160 | - | 564 | 564 |
Isabella Weir Spillway Upgrades | Dec-2018 | 10,100 | 10,100 | 5,037 | 5,064 | 10,101 |
Land Title Business System Modernisation | Dec-2018 | 1,790 | 1,790 | 492 | 726 | 1,218 |
Majura Parkway to Majura Road – Link road | Jun-2019 | 9,856 | 14,756 | 11,552 | 3,365 | 14,917 |
Molonglo 2 – Sewer and Pedestrian Bridge over Molonglo River | Dec-2018 | 12,400 | 12,150 | 11,780 | 286 | 12,066 |
Molonglo Infrastructure Investment | Dec-2018 | 17,000 | 15,738 | 15,036 | 422 | 15,458 |
More and better jobs - New Canberra Theatre (Early Planning) | Aug-2018 | - | 170 | 85 | 16 | 101 |
More Efficient Public Service Administration – Long service leave calculations | Dec-2018 | 1,883 | 1,883 | 527 | 983 | 1,510 |
More Men's Sheds | Jul-2018 | 200 | 200 | 90 | 10 | 100 |
Office Accommodation | Ongoing | n/a | n/a | 2,955 | 205 | 3,160 |
Public Arts Scheme | Jun-2019 | 7,571 | 7,348 | 7,192 | 54 | 7,246 |
Rego. ACT – Ongoing Investment | Ongoing | n/a | n/a | 3,225 | 1,073 | 4,298 |
Revenue Collection Transformation | Nov-2018 | 30,202 | 31,502 | 23,793 | 8,735 | 32,528 |
Smart Parking | Sep-2018 | 2,100 | 2,100 | 2,043 | 57 | 2,100 |
Smarter Regulation – Red tape reduction | Dec-2018 | 2,510 | 2,510 | 627 | 333 | 960 |
Stromlo Forest Park – Enclosed Oval (Early Planning) | Oct-2018 | 200 | 200 | - | 21 | 21 |
Stromlo Forest Park – Implementation of bushfire management plan | Aug-2018 | 1,650 | 1,650 | 325 | 98 | 423 |
Stromlo Forest Park Planning and Infrastructure | Jun-2020 | 2,800 | 2,800 | 1,799 | 35 | 1,834 |
Throsby – Multisport Complex (Design) | Dec-2018 | 500 | 500 | 315 | 6 | 321 |
Urban Renewal Program – Melrose football precinct | Sep-2018 | 6,653 | 6,653 | 6,037 | 56 | 6,093 |
Urban Renewal Program – Molonglo 3 infrastructure | Jun-2019 | 2,970 | 2,970 | 1,355 | 895 | 2,250 |
Working With Vulnerable People Checks | Ongoing | n/a | n/a | 2,321 | 999 | 3,320 |
Complete (pending final physical and financial acquittal) | Estimated Completion Date | Original Project Value ($'000) | Revised Project Value ($'000) | Prior Year Expenditure ($'000) | 2017-18 Actual Expenditure ($'000) | Total Expenditure to Date ($'000) |
2016-17 Better Infrastructure Fund | Complete | 7,418 | 7,418 | 5,752 | 1,666 | 7,418 |
Belconnen Arts Centre Stage 2 (Early Planning and Forward Design) | Complete | 300 | 300 | 285 | 19 | 304 |
Better Roads for Gungahlin – Horse Park Drive pedestrian overpass | Complete | 400 | 250 | 203 | 48 | 251 |
Better Roads for the Inner South – Yarralumla Estate | Complete | 250 | 250 | 112 | 137 | 249 |
Building a better city – Macarthur House Data Centre decommissioning program | Complete | 3,200 | 3,200 | - | 3,200 | 3,200 |
Conservation Management Plans for Heritage Buildings (Early Planning) – GPO | Complete | 800 | 657 | 583 | - | 583 |
Dickson Group Centre Intersections – Upgrade | Complete | 3,380 | 3,103 | 3,110 | - | 3,110 |
Digital Canberra – Protecting our data | Complete | 620 | 20 | 20 | - | 20 |
Fyshwick Depot – Fuel storage tanks removal and site remediation | Complete | 1,500 | 1,500 | 619 | 872 | 1,491 |
Government Office Accommodation and Relocation Fitout | Complete | 5,270 | 7,170 | 6,882 | 288 | 7,170 |
Grant for Development of a New Basketball Centre and Player Amenities | Complete | 3,000 | 2,875 | 2,692 | 183 | 2,875 |
Improving Our Suburbs – New Molonglo Valley infrastructure - Molonglo River Bridge and John Gorton Drive Extension (Feasibility) | Complete | 250 | 250 | - | 249 | 249 |
Molonglo 2 – Uriarra Road Upgrade | Complete | 17,000 | 12,501 | 12,501 | - | 12,501 |
Molonglo 2 – Water Supply, Trunk Sewer and Stormwater Infrastructure – Stage 1 | Complete | 10,000 | 7,942 | 7,838 | 36 | 7,874 |
More and better jobs - Improving services through better data analytics | Complete | 633 | 633 | - | 633 | 633 |
More and better jobs – Sporting capital | Complete | 125 | 125 | - | 125 | 125 |
NAC – Water Security | Complete | - | 328 | 55 | 273 | 328 |
National Arboretum Canberra – Water Security – Stage 2 | Complete | 1,700 | 1,700 | 1,456 | 244 | 1,700 |
Netball Infrastructure Upgrades (Design) | Complete | - | 200 | 169 | 7 | 176 |
North Building – Upgrade of HVAC system | Complete | 4,941 | 4,941 | 2,047 | 2,893 | 4,940 |
Refurbishment of the National Convention Centre | Complete | 5,381 | 5,381 | 4,637 | 744 | 5,381 |
Smart Parking – stage 2 | Complete | 1,363 | 1,363 | 1,391 | 16 | 1,407 |
Throsby – Access road and western intersection | Complete | 5,300 | 4,850 | 4,279 | 12 | 4,291 |
Reconciliation Schedules
Reconciliation of current year capital works program financing to Capital injection as per cash flow statement | |
Original Budget Capital Works Financing | 100,421 |
Add: Instruments and other variations | 13,923 |
Less: Net re-profiling of funding from 2017-18 to future years | (33,463) |
Less: Savings returned to Budget | (1,701) |
Revised Budget Capital Works Financing | 79,180 |
Add: Capital injection budgeted financing for non-capital works program items | 6,201 |
Less: Budgeted financing for capital works projects funded by Controlled Recurrent Payments | (1,484) |
Less: Provision for capital injection rollovers from 2017-18 to 2018-19 | (78) |
Capital Injection financing | 83,819 |
Capital Injections as per cash flow statement | 83,819 |
Variance | - |
Further information can be obtained from
Paul Ogden
Chief Finance Officer
Strategic Finance
+ 61 2 6207 9114
Paul.Ogden@act.gov.au
C.4 Asset Management
Assets Managed
The Directorate managed assets with a total value of $1,052.8 million as at 30 June 2018, comprising $812.9 million of property, plant and equipment, $186.7 million of capital works in progress and $53.2 million of intangible assets.
Assets managed by CMTEDD as at 30 June 2018 are summarised in the table below.
Asset | Value ($million) |
|---|---|
Land | 229.7 |
Land Improvements | 6.3 |
Buildings | 340.7 |
Leasehold Improvements | 15.4 |
Plant and Equipment | 50.0 |
Community and Heritage Assets | 126.1 |
Infrastructure Assets | 44.7 |
Capital Works in Progress | 186.7 |
Intangible Assets | 53.2 |
Total * | 1,052.8 |
Note: * Total may not agree due to rounding.
During 2017‑18, additions to CMTEDD’s assets included:
- $74.5 million due to the progression of the capital works program; and
- $32.3 million from other assets acquired in the ordinary course of business, including IT infrastructure and plant and equipment relating to workstations, laptops and desktops.
During 2017‑18, decreases in the directorate’s assets included:
- $433.3 million from the transfer of Property, Plant and Equipment (PPE) related assets associated with the Sportsground Operations function to the Transport Canberra and City Services (TCCS) Directorate on 1 July 2017, following the Administrative Arrangements (AAs) of that date;
- $84 million relating to the transfer of incomplete capital works in progress projects to the Environment, Planning and Sustainable Development Directorate (EPSDD), the City Renewal Authority (CRA) and TCCS on 1 July 2017, following the AAs of that date;
- $33 million of completed capital works and other assets transferred to other ACT Government directorates in the ordinary course of business;
- $68.6 million due to the removal of duplicate assets relating to capital works projects that were physically and financially completed in previous financial years, but had remained recorded in capital works in progress while progressively being added to PPE over the past several years;
- $47.4 million of depreciation and amortisation; and
- other assets disposed of in the ordinary course of business.
Assets Maintenance and Upgrade
Expenditure on assets (not including works funded and reported through the capital works program) completed during 2017‑18 totalled $35.6 million, comprising mainly maintenance and repairs undertaken on behalf of other ACT Government directorates by ACT Property Group, office buildings, stadiums and arts facilities.
Further information can be obtained from
Paul Ogden
Chief Finance Officer
Strategic Finance
+ 61 2 6207 9114
Paul.Ogden@act.gov.au
Office Accommodation
As at 30 June 2018, CMTEDD occupied a total of 27,580 square metres of office space across
10 office locations.
The average area occupied by each employee is 12.7m2
Location | Address | Staff Numbers | Area Occupied (m2) |
|---|---|---|---|
Winyu House | 125 Gungahlin Place, Gungahlin | 680 | 7,410 |
Canberra Nara Centre | 1 Constitution Avenue, Canberra City | 539 | 6,388 |
Cosmopolitan Centre | 21 Bowes Street, Woden | 290 | 3,726 |
220 Northbourne | 220 Northbourne Avenue, Braddon | 191 | 2,464 |
Dame Pattie Menzies House | 16 Challis Street, Dickson | 91 | 1,725 |
255 Canberra Avenue | 255 Canberra Avenue, Fyshwick | 80 | 1,172 |
221 London Circuit | 221 London Circuit, Canberra City | 55 | 761 |
TransACT House | 470 Northbourne Avenue, Dickson | 119 | 1,407 |
Callam Offices | Easty Street, Woden | 25 | 795 |
Belconnen | Nature Conservation House | 99 | 1,732 |
Total | 2,169 | 27,580 |
Other locations
The table above outlines measures for the 10 office based locations for the directorate. The directorate’s facilities also include a number of non-office based locations including:
- Record Services mailroom, Mitchell;
- The Canberra and Region Visitors’ Centre (Regatta Point);
- Exhibition Park in Canberra;
- GIO Stadium Canberra;
- Manuka Oval;
- Stromlo Forest Park;
- National Arboretum Canberra;
- ACT Academy of Sport (located at the Australian Institute of Sport);
- Hume Motor Vehicle Inspection Station;
- Access Canberra Service Centres:
- Mitchell;
- Gungahlin;
- Belconnen;
- Dickson (Dame Pattie Menzies House);
- Civic; and
- Tuggeranong.
Note: the Woden Access Canberra Service Centre staff numbers and area occupied has been included in the data for the Cosmopolitan Centre.
Changes from previous report
During 2017-18, a number of changes were made to the office space footprint of the directorate compared to that reported in 2016-17.
Changes to premises occupied
- All ACT Government sportsgrounds and depots were transferred to TCCS in July 2017, and all
Land Development and Urban Renewal sites were transferred to EPSDD in July 2017; - Macarthur House and the Dickson Motor Registry were decommissioned during the reporting period;
- a number of Treasury and Access Canberra staff moved from Macarthur House when it was decommissioned. These staff were relocated to Nature Conservation House, 220 and
470 Northbourne Avenue; and - the drop in the floor area within the Canberra Nara Centre was due to the City Renewal Authority (EPSDD) moving into the building in September 2017. The area occupied by the Authority will be reported in EPSDD’s Annual Report.
Changes to calculation of size of premises occupied
- The directorate’s tenancy space at Winyu House has been calculated (to exclude the Access Canberra shopfront, in line with other shopfront spaces not being classified as offices).
Notes:
- The staffing numbers reflected in the table above differ from the staffing numbers (either FTE or headcount) listed in section B.8 Human Resource Management. The numbers above reflect the work points occupied at CMTEDD’s office locations and may include seconded officers, contractors, consultants or volunteers, as well as employees, but do not include staff located at non-office based locations (as outlined above) nor embedded staff within other directorates (such as Shared Services ICT staff).
- In Activity Based Workspaces (ABW) spaces (2 floors of the Canberra Nara Centre and the whole of the Cosmopolitan Centre) the total number of workstations have been reported. However, in an ABW environment, more staff are working than are located at workstations (at touch down spaces, meeting and collaboration spaces, or off-site), but for simplicity of reporting, only the workstations are reported.
- The staff numbers and area occupied listed in the table in relation to the Canberra Nara Centre are inclusive of the ACT Insurance Authority.
- An audit was conducted by Corporate Services in late May 2018 to determine staff numbers at each location.
Further information can be obtained from
Robert Wright
Executive Director
Corporate
+61 2 6207 0569
robert.wright@act.gov.au
C.5 Government Contracting
The directorate undertakes procurement activities for a range of goods, services and works. Details of those contracts on the Contracts Register valued at $25,000 or more, with an execution date between 1 July 2017 and 30 June 2018, listed against the Chief Minister Treasury and Economic Development Directorate are provided in Appendix 1.
C.6 Statement of Performance
The directorate’s 2017-18 Statement of Performance is included in Volume 2 of the 2017-18 Chief Minister, Treasury and Economic Development Directorate Annual Report.