17 Jul 2019 – 2020 GLADSTONE REGIONAL COUNCIL BUDGET – FOCUSING ON PARTNERSHIPS WITH COMMUNITY, INDUSTRY AND GOVERNMENT TO DELIVER FOR THE REGION
Gladstone Regional Council has passed the 2019 – 2020 Budget and Operational Plan this morning with a total budget expenditure of $257.54 Million. This is the fourth budget to be delivered in the current Council’s electoral term.
In his Budget Speech, Mayor Matt Burnett said the budget’s primary focus is on partnerships. “Partnering with community groups, industry, other levels of government and our community to deliver the best outcomes for our region now, and into the future.”
The 2019/20 Budget will have a capital expenditure of $74.89 million with an operating surplus of $1.8 million. Cr Burnett said that Council was proud to announce that for the seventh consecutive year they have not drawn down any new borrowings.”The council’s focus on reducing existing debt has seen the interest-bearing debt reduce by $50.3 million over the current term,” Councillor Burnett said.
The budget will deliver an average general rate rise of just 1.94% or a total average of 2.39%, including water, sewerage and waste. Councillor Burnett said this increase will adequately provide for the maintenance of Council assets and key services provided to the community in an efficient and environmentally responsible manner. Councillor Burnett outlined funding commitments to continue exploring the Boyne Tannum Aquatic Centre project by continuing to explore the suitability of sites in the Boyne Tannum area along with facility components, capital and whole of life impacts the project may have.
The Master plan for the Gladstone Coal Exporters Sports Complex (Marley Brown Oval) will also be continued with funding allocated to explore this project. Gladstone’s CBD will benefit from a partnership to revitalise the City Plaza Forecourt at 100 Goondoon Street in Gladstone.
Major capital works that will be funded in this budget include;
- $20.4 million on upgrades to wastewater (sewerage infrastructure).
- $14.982 million on capital roads projects – with $2.9 funded through State and Federal grants and subsidies.
- $8.26 million on upgrades to water supply infrastructure.
- $1.879 million on footpath and cycle upgrades.
- $1.574 million on bridge upgrades, renewals and replacements.
- $732 000 in parks upgrades and projects.
- $685 000 on cemetery expansion and upgrades.
Further key points;
- $10.3 million for asset management.
- Investment of $18.1 million in community development and arts and culture spaces.
- $14.7 invested in parks and environment.
- $23.3 million investment in waste management.
- Pensioner rebate has increased by $5 to $295.00
- .37c per week increase in domestic waste and recycling charges.
- Library services allocated $3.3million
- $7million to Arts & Culture
- $4M for pest and environmental management
- $3.3 million for talent and development.