McKinlay Shire Council adopted its 2018/19 Budget on 26th June 2018. Modelled on workshops and portfolio meetings, the Budget will see revenue of $21,753,973 and expenditure of $21,162,629 enabling a.
McKinlay Shire Council adopted its 2018/19 Budget on 26th June 2018. Modelled on workshops and portfolio meetings, the Budget will see revenue of $21,753,973 and expenditure of $21,162,629 enabling a positive cash position of $591,344 and reserves of $1,400,000 at 30th June 2019.
Informed by the McKinlay Shire Roads Strategy, the allocation for roads maintenance is $1,230,000. The 2018 flood event has been lodged with National Disaster Relief and Recovery Arrangements (NDRRA) and a modest $5,200,000 has been included from a possible claim of approximately $28,000,000, yet to be approved.
The capital works proposed have revenue of $3,310,983 and expenditure of $8,411,787. The Capital Works Program is financially responsible, strives to renew assets and endeavours to provide economic and community benefit. Capital expenditure on roads focuses on the continuation of new sealing works on the primary network comprising the Nelia-Bunda, Gilliat-McKinlay and Punchbowl Roads. Other undertakings include: Julia Creek Housing Project; Julia Creek Wi-Fi; Julia Creek Sewage Treatment Plan and upgrades to McKinlay Shire infrastructure and plant. Pending funding approval, additional projects include: further works on the McKinlay-Gilliat Road; Innovation Hub and the internal fit out of the Community Events Precinct.
The budget contains a new Community Plan and also an Early Years Hub business case for the care of babies through to Primary School aged children. Both of these projects are contingent on receiving funding. In the areas of Economic Development and Tourism, newly adopted plans guided this area of the budget.
Unfortunately, due to a lack of funding, the special rate levy for Dog Baiting will be charged in 2018/19. A rates rise of 3% in 2018/19 was also necessary to ensure that McKinlay Shire Council is able to meet rising costs; maintain strong financial management; deliver for community and to maintain operational services in their entirety. A 3% rates rise equates to an annual increase of approximately $40 for an average residential land owner in the Shire or an approximate increase of $18 for a pensioner.
"Overall, this budget ensures that all services to community are maintained whilst strong financial sustainability and management are upheld with a positive cash position and healthy cash in reserve. McKinlay Shire Council will present the adopted 2018/19 Budget during July/August in meetings across the Shire and through normal community communication channels," Mayor Belinda Murphy summarized.
END MEDIA RELEASE.
Word Count: 384
Contact: Cr Belinda Murphy, Mayor - McKinlay Shire Council
mayor@mckinlay.qld.gov.au (07) 4746 7166 or 0417 543 529