Budget 2018/19 - Overview
Last week, Maranoa Regional Council handed down the Budget for the 2018/19 financial year. Totalling $139.2 million, this budget provides a strong financial plan for the Maranoa, providing service delivery and asset management for the region, while ensuring sustainability for the future.
Following is an overview of the income and expenditure for the year.
Out of a budget worth $139.2 million, Council aims to receive $33.4 million (approximately 24%) in rates, levies and charges.
Rates and utility charges revenue will increase 4.77% overall; however there will be swings against the trend within the categories dependent on valuations, capping, minimums and banding.
For residential (categories A, B, C and D) general rates, the rate in the dollar increased by 1.89%.
For a typical household (Residential A property) on the minimum general rate, the homeowner will only pay an extra $26 per year, or 50 cents each week, on average.
With the valuations in the rural sector seeing an average increase of 59% (set by the State Government Department of Natural Resources, Mines and Energy), Council has capped the general rates for this category to a 5% increase.
The prompt payment discount on general rates has been set at 5%, for those ratepayers who pay all their rates and charges within the discount period.
With a rural road network of 5,646 kilometres, Council has once again made a significant commitment to rural roads with $15.271 million committed in the Budget. As always, road works have been prioritised for this financial year; highlights include gravel renewal works for Bollon Road ($1.06 million), Mt Moffatt Road ($580,000), Thomby Road ($504,480), and Redford Road ($550,000).
Council’s water services will receive a much needed $1.655 million for one-off, renewals, upgrades and new projects. Highlights for this area include water main renewals ($835,000); upgrade of chlorination at Roma water tower ($250,000); and Tiffin Street, Roma’s fire flow augmentation ($320,000).
Another essential service for our community is sewerage. This year, Council has committed $4.05 million to one-off, renewals and new projects. This includes the 2018/19 sewer relining program ($3.6 million); Council will also invest in a Supervisory Control and Data Acquisition (SCADA) system ($400,000); and analysis and condition assessment of wastewater (sewer) mains ($50,000).
To encourage our visitors to stay longer and spend more dollars in our region, a number of tourism projects and initiatives have featured within this year’s budget. Highlights include the master plan and business case for the Big Rig Upgrade ($80,000); Oil and Gas Museum historical exhibition for Roma ($20,000); tourism enhancement at the Roma Airport ($20,000); and refurbishment of the display tanks at the Cobb & Co Changing Station ($72,540).