Day: June 25, 2019

Burdekin Shire Council 2019/20 Budget – At a Glance

Kalagro

BURDEKIN SHIRE COUNCIL 2019/20 BUDGET – AT A GLANCE

Burdekin Shire Council today handed down its budget for the 2019/2020 financial year. Snapshot of budget is attached for your information.

Have highlighted a number of relevant points from full budget document.

• Category A – Residential general rate cents in the dollar has increased from $0.01478 to $0.01645 an increase of 11.30%
• Category D – Sugar Cane general rate cents in the dollar has decreased from $0.03984 to $0.03700 a decrease of 7.13%
• Estimated Operating Surplus for 2018/2019 year – $2,782,963 (98.28% above original budget)
• Estimated Net Result for 2018/2019 year – $5,643,529 (24.06% above original budget)
• Projected Operating Surplus for 2019/2020 year – $422,515
• Projected Net Result for 2019/2020 year – $6,298,123
• Interest on outstanding rates and charges – 9% compound interest charged on daily rests
• Ratepayers who meet the criteria for financial hardship and satisfactorily complete a mutually agreed payment plan will be eligible for reimbursement of 50% of interest charges.

Les Elphinstone
Manager / Company Secretary

thumbnail of BSC BUDGET SUMMARY

“Reminder – LBW Triennial Elections – Nominations are Open

Kalagro

“REMINDER – LBW TRIENNIAL ELECTIONS – NOMINATIONS ARE OPEN

A reminder to members that LBW has called nominations for four persons eligible to be elected as Directors of Lower Burdekin Water. Two (2) directors are to be nominated and elected from ratepayers in each of the (2) two divisions by ratepayers of Lower Burdekin Water for a three (3) year term. The nomination period is drawing to a close with only one week to go.

Since the inception of the North and South Burdekin Water Boards in 1965 and 1966 respectively, growers have always had seats at the table helping shape the direction and management of groundwater recharge and water distribution in the Burdekin Delta. LBW invite ratepayer growers to nominate for a position on the Board and participate in the management of groundwater in the Delta. The nomination documentation is available on LBW’s website http://lowerburdekinwater.com.au/resource-library/documents/ and LBW staff are available to assist ratepayers with their nomination paperwork if required.”