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Public meeting to discuss Council's finances

Posted Monday 22 April 2013

Council’s 2013/2014 Draft Budget is currently on exhibition with submissions welcomed until Friday 17 May. A public meeting has been set down for 7.00pm on 29 April 2013 to discuss Council’s finances with interested residents.

MOSPLAN, which incorporates the new community strategic plan, is also on exhibition.

The Draft Budget is heavily built around its continuing commitment to meeting infrastructure maintenance and renewal needs and providing funding to continue its quality service delivery to the community across a broad range of programs.

The $40M Operating Budget introduces for the first time a $25 per dwelling ($12.50 p/a for units) Storm water Levy. The collective funds which will total a minimum of $240K will begin to address backlog works.

IPART has recommended a 3.4% rate increase which will see average rates increase by $37 to $1,219pa.

Funding for key service areas such as waste, street & gutter, beach & reserve and amenities/buildings is maintained with a combined annual allocation of over $1M to areas including sporting fields, bushcare, tree preservation, gardens and turf maintenance.

The CAPEX program which totals in excess of $6M includes funding in the following key areas:

Roads/Footpaths $3.3M
Stormwater $490K
Retaining Walls $170K
Balmoral Baths $350K
Seawalls $325K

At the budget meeting on the General Manager advised that in his opinion there was no need in the short or medium term to approach IPART for a rate increase above the statutory norm given the funding commitment to infrastructure.