OUR BUDGET 2023-24

During 2023-24 Council has budgeted a spend of $172 million on the delivery of services and capital works. Council delivers a number of key services including libraries, cemeteries, community and recreation facilities, roads, footpaths, cycleways, waste management and town planning. We also manage an asset portfolio that has a replacement value of $1.7 billion.

The budget has been prepared in line with our long term financial plan, and clearly shows our financial position for the 2023-24 financial year and supports the delivery of our actions and projects.

OUR SPENDING FOR 2023-24

DISCRETIONARY VS. NON DISCRETIONARY

While Council’s budget for 2023-24 shows total cash revenue of $172.1 million, there are a range of costs that Council must pay that take up a significant proportion of the budget. These items are considered non discretionary and include:

• Payments for State Government waste levy of $7.1 million

• Loan repayments of $9.4 million

• Employee and councillor costs of more than $58.8 million, inclusive of commitments to cover service delivery

• Developer contributions linked to future related projects of more than $14.2 million

• Expenditure of grant and levy funding for their specific purpose of over $19.1 million. Rates

Overall Budget

Council’s overall predicted budget position in the operational plan is a surplus of approximately $9,708. This result is influenced in the year ahead by the following significant factors: