COUNCIL HOLDS RATES AND CHARGES at 1.5%
Isaac Regional Council has announced a 1.5% increase in general rates and utility charges in its 2019-20 Budget adopted today.
“Across all rating categories we have constrained the rate-in-the-dollar increase to just 1.5% on last year,” Mayor Anne Baker said.
“This is good news for property owners where economic activity has not changed.
“Land valuations have also not been reviewed by the State Government for 2019-20 so this will not be an influencing factor in rating assessments.
“The outcomes for 2019-20 align with our Long-Term Financial Forecast, which has been framed on the basis that future rate increases will be set at 2% or lower.”
Mayor Baker said increases in Council’s utility charges for waste management and sewerage provision, as well as the Disaster Management Levy, had also been held at 1.5%.
“This year’s Budget reinforces our continued focus on the fundamentals of good local government delivering critical infrastructure, services and active and attractive communities,” she said.
“In this respect, our 2019-20 financial settings and programs have delivered a truly ISAAC budget.”
Mayor Baker said Council’s $51.4 million Capital Budget would be directed to improving infrastructure and enhancing liveability across the region and included: $27.4 million for roads and drainage, $6.2 million for water projects, $5.8 million for wastewater services, $3.2 million to waste management, $5 million to community facilities and $833,000 to parks and recreation.
“Our recent budgets have been bolstered by millions in infrastructure restoration funding provided under the Natural Disaster Relief and Recovery Arrangements (NDRRA), a joint initiative of the Commonwealth and Queensland governments,” she said.
“But I’m pleased to announce we reached a significant milestone in May, completing a $50.1 million NDRRA restoration program.
“This is a great achievement for the region and I acknowledge the support provided by the Federal and State governments to assist us on the path to recovery.”
Mayor Baker said the outcomes of the 2019-20 Budget reflected the Council’s genuine appreciation of the cost of living pressures affecting Isaac households.
“We have worked hard to frame a Budget which we believe reflects the best interests of the communities of our region,” she said.
“The 2019-20 Budget continues Council’s commitment to sustainable and prudent financial management.
“Independent assessment of Council’s fiscal position by the Queensland Audit Office continues to rank Isaac Regional Council as having a low risk of financial sustainability concerns.
For more information visit www.isaac.qld.gov.au/budget, phone 1300 ISAACS (1300 472 227) or visit an Isaac Regional Council office.
FOR FURTHER INFORMATION CONTACT
Isaac Regional Council - Manager Brand, Media and Communications 0437 297 839
25 June 2019