Council adopts 2018/19 budget delivering rate reduction

Burnie City Council adopted the 2018/19 Annual Plan and Budget Estimates at its June Council Meeting held this evening.

Burnie City Council Mayor Alvwyn Boyd said, “Council has been able to deliver on the second year of the five-year Financial Management Strategy to reduce the rates burden on our ratepayers and we are pleased to be able to deliver an Annual Plan and Budget for 2019 that includes a rate reduction of 1%.

“In addition to the 1% reduction, ratepayers within the CBD, South Burnie, Wivenhoe, Cooee and Upper Burnie will receive additional reduction of 1.1% due to the cessation of the Citylink funding arrangement and Council will maintain the early payment discount of 3%.

“Council is budgeting for a modest underlying surplus of $16,000.

“It is important to note that the State Government have raised fire levies by 7.36%, a levy which Council is obligated to collect on their behalf. Council have been able to limit this burden on ratepayers for 2019 and will be making recommendations to the sector that a review into the funding model, which determines the fire service contributions, be undertaken as increases are high and placing a financial burden on ratepayers.

“Council is focused on continuous improvement with the ultimate goal of improving value to the ratepayer. This focus has allowed us to deliver an operating budget that delivers savings measures without impacting on service levels. It is important to acknowledge the work of our staff, who have identified opportunities and implemented budget savings, all measures while maintaining an acceptable level of service.

“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 2019 is expected to be $389.592m.

“As a regional City, Council is continually focused on infrastructure that will support the needs of the region into the future. Council’s 2019 budget includes a capital works program of $11.931m including $4.441m in new infrastructure spending. New projects focus on creating an attractive place to live, work and play through building stronger communities and promoting a broad range of quality leisure, recreational and sporting opportunities. These values are consistent with our community strategic plan Making Burnie 2030 that we are working toward. New projects include the Coastal Pathway between Cooee and Somerset $1.240m, Rural Roads renewals and upgrades of $2.760m, Burnie Surf Club Redevelopment $1.209m , the Eastern Promenade on the Waterfront $0.745m and the Montello Soccer ground redevelopment ($500,000 Commonwealth funding, $250,000 Council).

“Council is actively seeking funding for further community infrastructure projects as we continue to pursue Making Burnie 2030; such as the Coastal Pathway between Emu River and Heybridge, a Burnie Regional Play Space, Burnie City Smart Campus CBD Project and upgrades to facilities at West Park.

“Council has also budgeted to spend $110,000 on the installation of solar panels at the Burnie Arts & Function Centre and Burnie Regional Museum which is expected to deliver savings of $26,000 per year, paying back Council’s investment in just over 4 years.

“2019 and beyond promises to be an exciting time as Burnie looks forward to new investment and employment in the area and I look forward to Council delivering the outcomes of the Annual Plan and Budget Estimates for the coming year.”

For further information please contact

Fiona Loughran
Communications Officer
Burnie City Council
03 6430 5716 or 0448 568 728

Email: floughran@burnie.net