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Budget 2014-15: Easing cost of living pressure

26 June 2014
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Redland City Council understands residents are feeling the effects of cost of living increases with fuel, groceries and State Government controlled electricity prices all on the rise. Council is not immune to these increases with these external cost increases contributing to a nearly 7 per cent or $12 million increase in our operating budget.

absorbing external costs

If Council had passed on these increases in full, it would have resulted in approximately a 10 per cent rates rise for residents.  But rather than adding to residents already high cost of living pressures, Council has absorbed millions of dollars in external increases to keep rates low.

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Council rates make up only about 3% of the average household budget (Source: Australian Bureau of Statistics).

Tags: budget2014-15

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