Department of Transport Annual Report 2013-14
Actual results versus budget targets
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- Note 1: Total costs of services
- Note 3: Total equity
- Note 5: Approved FTE
Actual results versus budget targetsThe following table provides a comparison of the financial targets and outcomes against criteria included in the Resource Agreement between the Chief Executive Officer, the Minister for Transport and the Treasurer.
NotesThese notes should be read in conjunction with the Explanatory Statement to the Financial Statements on page 114. Note 1: Total costs of servicesGovernment approved additional expenditure to finalise project development and planning for the MAX Light Rail project. Note 2: Net cost of servicesIn addition to higher expenditure for MAX Light Rail, revenue from fees and charges was below budget due to lower volumes. Note 3: Total equityThe equity variance is due to below budget operating surpluses for both the 2012/13 and 2013/14 financial years and lower than budget asset investment in 2013/14. Note 4: Net increase/(decrease) in cash held The net decrease in cash held is largely in accordance with budget, affected mostly by the timing of receipts and payments for operating activities. The signed Resource Agreement inadvertently omitted a budgeted cash transfer of $34.3 million to the PTA. The actual cash transfer was in accordance with the budget. Note 5: Approved FTEThe lower average actual paid FTE level was mainly achieved through voluntary severances. Significant issues impacting the agency EconomicThe Perth metropolitan area is forecast to have a population of 2.7 million by 2031, and potentially 3.5 million by 2050. The long north-south axis of the city and the significant concentration of employment, major institutions and services in the inner city area, already result in large commuting flows in the morning and afternoon peak periods. This is putting significant pressures on the north-south freeway/railway spine which provides a backbone to the city’s transport network. There are also significant traffic demands from motorists and freight vehicles on the Reid, Roe and Tonkin highways to access major industrial areas, Fremantle Port and Perth Airport. DoT is finalising a number of plans to improve the movement of people and freight around the metropolitan area. These plans include the Moving People Network Plan for Perth and Peel Regions to 2031, In Motion: A Public Transport Plan for Perth and Peel and the Perth Freight Transport Network Plan. Work has also commenced on assessing long-term structural additions to the city’s transport network to tie in with land use to support expected population growth. Active transport, particularly cycling, needs to be continually promoted as a viable alternative form of transport over short distances. The Western Australian Bicycle Network Plan 2014-2031 will guide the continued delivery of cycling infrastructure to better meet the growing demand for convenient, safe cycling routes and end-of-trip facilities. The plan also aligns with current State Government urban planning policy and directions. Cycling trips to and from the CBD have averaged 12 per cent annual growth in recent years. With this trend expected to continue for many years to come, there will be a continued focus on building principal shared paths along freeways and railway lines, prioritising those within a 15km radius of the CBD. Western Australian ports continue to be under pressure to meet demand for infrastructure and export capacity allocations. Legislative changes to affect the amalgamation of seven port authorities into four regional port authorities will take effect from 1 July 2014 for the Kimberley, Pilbara and Mid West ports authorities. Further legislative changes will be made to allow certain marine functions of the ports under the Shipping and Pilotage Act 1967 to be transferred to the new regional port authorities in 2015. Air services are vital in connecting WA’s widely dispersed towns, settlements and mine sites. The final Western Australian State Aviation Strategy, to ensure aviation continues to support the State’s economic and social development, is expected to be released in 2014/15. There has been a rapid increase in demand for coastal infrastructure in WA. DoT has made significant progress in addressing this with the construction of a new boat harbour at Augusta and increased boating infrastructure at Exmouth. The Augusta Boat Harbour is scheduled for completion in October 2014 and will provide the sheltered water and land needed for safe boating access to the ocean waters of the region. A further upgrade to the Exmouth Boat Harbour is planned for 2014/15, subject to State Government approval. The upgrades will support the development of marine tourism and recreational activities, and enhance business opportunities associated with the resources sector. Directory: mediaFiles mediaFiles -> Office of the United Nations High Commissioner for Human Rights Report on the human rights situation in Ukraine mediaFiles -> Valerii Hryhorovych asapov mediaFiles -> Intentionally blank mediaFiles -> Uncontrolled when printed mediaFiles -> President of the Royal Aeronautical Society, Distinguished Guests, Ladies and Gentlemen mediaFiles -> Display Pilot Flight Lieutenant Jamie Norris mediaFiles -> Translation Download 436.52 Kb. Share with your friends:
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