Council adopts 2017/18 Annual Plan and Budget Estimates

Burnie City Council adopted the 2017/18 Annual Plan and Budget Estimates at its June Council Meeting held this evening.

Burnie City Council Mayor Anita Dow said, “Council has taken significant steps to reduce the rate burden on our ratepayers and we are pleased to be able to deliver an Annual Plan and Budget for 2018 that includes a rate reduction of 1%.

“This means that every ratepayer will receive a 1% reduction in Council rates including general and service rates. Council’s 2017 Financial Management Strategy, also plans for a 1% decrease in rates each year for the next five years to be delivered to our rate payers.”

“While Council is pleased to be able to reduce the rate burden for our ratepayers, disappointingly the State Government’s decision to raise fire levies by 5%, a levy which Council collects on their behalf, will impact on the savings to ratepayers.”

“Ratepayers within the CBD and some other commercial locations will receive additional general rate relief associated with changes to funding arrangements with Citylink.”

“Council is budgeting for a modest underlying surplus of $0.040m.”

“The operating budget delivers operational savings measures without impacting on service levels in order to ensure ongoing sustainability for the organisation.”

“Council’s financial position continues to be strong and Council will be well placed to meet its commitments comfortably. The net worth of Council as at 30 June 2018 is expected to be $390.179m.”

“The capital works program for 2018 has a focus on renewing Council’s existing infrastructure at desired condition levels. Capital works expenditure is $11.748m which includes $2.517m in new infrastructure spending, with some highlights including the Marine Terrace Coastal Pathway, West Park oval drainage improvements and grassed terraces at Burnie Park.”

“In the coming year Council will undertake a Parking Strategy which will include revising our parking policy and pricing, and for the fifth consecutive year, Council will not increase metered parking fees in the CBD.”

“Council will also be undertaking a review of Citylink over the next two years, which will look at developing a revised model of business support. This will happen in consultation with all stakeholders.”

For further information please contact

Janine Phillips
Communications Officer
Burnie City Council
03 6430 5716 or 0448 568 728