Capital works program Last year budget (2019/20) Adopted budget (2020/21) 4 year budget (2020/21 to 2023/24 inclusive)
Capital funding
Income Statement 2019/20
2020/21
2021/22
2022/23
2023/24
$‘000
$‘000
$‘000
$‘000
$‘000
48,422
22,005
45,562
42,996
46,298
Capital Funding Sources General fund contribution to capital 2012 Special Rate Variation
7,326
7,516
7,712
7,912
8,118
Stormwater Management Charge
1,990
2,000
2,078
2,130
2,183
Grants & Contributions - Capital
12,830
15,838
16,044
16,365
16,693
Proceeds from the sale of Assets
1,700
1,695
1,695
1,695
1,695
Funding Available for Capital Expenditure
72,268
49,055
73,091
71,098
74,987
Total Capital Spend
58,925
70,456
55,066
49,967
53,980
Principal loan repayments / (borrowings)
3,868
4,234
4,563
4,785
3,587
(Draw down on) or transfer to restricted reserves
9,475
(25,635)
13,462
16,346
17,420
Works Program City Wide Services Aquatic centres
2,550,000 595,000
Civic Venues / Civic Services
537,500
Museum / Fort Scratchley Recreation parks, sporting facilities and open spaces City of Newcastle
27,114,167
Art gallery Libraries
116
2020/21
700,000 50,000 5,631,667
Waste management
17,050,000
Environment
9,260,000
Bushland and watercourses
2,485,000
Coast, estuary and wetlands
5,240,000
Street and park trees
1,535,000
