Category Archives: Budget 2014-15

Budget 2014-15: Absorbing State Government water increases


The State Government is responsible for the management of all bulk water, including the dams and associated treatment facilities that supply water to Councils. The State Government charges Councils for the management of bulk water and this year have increased costs by a massive 14.27 per cent. Redland City Council has all but absorbed this increase and as a result the average Redland City household using 200 kilolitres of water a year will see 3.3 per cent increase in water consumption costs. Families using an average of 400kl/year of water will actually see a 2.9 per cent reduction in water consumption costs.

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Redland City has some of the lowest water prices in South East Queensland.

Water price comparison

 

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Budget 2014-15: Reducing debt


Redland City has the lowest Council debt per household in South East Queensland and continues to work hard to reduce this debt.  While other Council’s debt continues to rise, along with State and Federal Government, our debt is half of what it was ten years ago and our forward projections show it remaining low, with no plans to borrow money next financial year.

Debt per Council

Council’s low debt together with strong cash reserves means we are in a strong financial position to respond to emergencies.

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new loans

 

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Keeping rates low


Redland City Council has worked hard to keep rates rises low.

Our 2014-15 Budget includes a Headline Rate increase of 3.48 per cent, which is one of the lowest increases across South East Queensland.

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Under this year’s budget the average owner-occupied property in rating category 1A will see a General Rate increase of 3.5 per cent or less than 80 cents per week.

This rates increase is in line with CPI and has been achieved despite Council being hit with millions of dollars in external cost increases, contributing to a $12 million rise in our operational expenditure.

If Council had passed these external cost increases on in full, it would have meant nearly a 10 per cent rates increase, but Council has instead absorbed millions of dollars of costs to keep rates increases low for residents.

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Over the last three years Redland City Council has consistently kept rates increases at or below CPI.  In fact our headline rates increases for the last three years equate to an increase of 6.82 per cent over the three years, while the CPI increase for the same period is 10.97 per cent.  The above graph shows that Redland City Council rates increases are only half of some neighbouring Councils.

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