01 Jul Gladstone Regional Council 21/22 Budget Review
The average ratepayer will see a 1.7 per cent increase in their next general rates under Gladstone Regional Council’s 2021/22 Budget.
Presented at a special meeting earlier last month, the $273.2 million budget, will deliver $73.4 million in capital works projects including $2 million for sewerage mains replacement to Gladstone Waste Water Treatment Plant and $1.4 million for bridge replacements at Gorge Road and John Clifford Way, near Lowmead.
Funds have also been allocated in the budget to continue strategic projects including $482,000 for planning for the Boyne Tannum Aquatic Recreation Centre and $300,000 to develop a master plan for the Gladstone Coal Exporters Sports Complex (Marley Brown Oval).
Gladstone Region Mayor Matt Burnett said he was confident the budget will “renew, rebuild and maintain our cost-effective delivery of services to our region, while navigating our way beyond the impacts of COVID-19”.
“The theme of this year’s budget is Collective Delivery,” he said.
“It focuses on working collectively to deliver the services our communities need, and it focuses on building community capacity and supporting the economic development and growth of the Gladstone Region.”
Rates make up 80 per cent of GRC’s income, and last year’s rates’ freeze cost Council about $4 million.
While the total average general rate will increase by CPI, the impact on each ratepayer will be different, depending on several factors including land valuations, issued by the Valuer-General in March this year.
“An increase or reduction in your land valuation does not necessarily result in an increase or reduction in the cost to providing our services,” he said.
Under the budget, with no new borrowings planned for a ninth consecutive year, GRC’s interest-bearing debt will reduce to $102.7 million by June 2022.
As part of one of the COVID-19 recovery measures offered by the State Government, GRC refinanced their debt and, with low rates and extending the loan term, their interest will reduce from $4.3 million to $700,000 per year.
Visit www.gladstone.qld.gov.au/budget to view the full 2021/22 GRC Operational Plan and Budget.
A snapshot of Key Services for the 2021/22 Financial Year
- $77.1 million for roads, bridges, footpaths, and drainage
- $44 million for water services
- $37.3 million for sewerage services
- $22.4 million for waste services
- $20.9 million for parks and environment
- $6.6 million for arts and culture
- $3.7 million for library services
- The general rate for the average ratepayer will increase 1.7 per cent (in line with CPI)
- Service charges will increase by 4.9 per cent
- Sewerage services for domestic services will increase by 2 per cent
- Water network access costs will increase by 5 per cent
- Lake Awoonga Water Scheme users will pay $2.17 per kilolitre for all water consumed (an increase of 1.7 per cent)