Council’s challenge in framing its Annual Business Plan is to achieve the outcomes within the Plan without presenting an unrealistic rate burden on the community.
In funding the 2017/2018 Annual Business Plan, Council has limited the increase in total General Rate Revenue to 0.5%. This increase is a deviation from Council’s long term forecast increase of 4% due to the following considerations:
Given this challenge, Council continues to maintain its financial sustainability and attainment of Key Performance Indicators in line with Long Term Financial objectives. Key results expected for 2017/2018 include;
In developing the 2017/2018 Annual Business Plan, Council has focussed on reviewing the organisation and in particular, the services provided and the future infrastructure requirements of the Wattle Range Council area.
For the forthcoming year economic development will continue to be a strong focus as will the finalisation of Council’s 2017 – 2021 Community Strategic Plan.
A key component of the 2017/18 Annual Business Plan is the $6.52 Million Capital Expenditure budget. Council continues to focus on increasing asset renewals, in 2017/18 $4.12 Million has been allocated for the renewal of a wide range of existing facilities and infrastructure. Council has also committed $2.40 Million for the upgrade and acquisition of new assets. To assist Council in funding this Capital Expenditure budget, in 2015 the Federal Government announced an increase in funding of Roads to Recovery for 2017/18. Council also welcomed the Federal Government budget announcement of the reintroduction of the Supplementary Roads funding. The additional funds have been directed towards addressing the backlog of road infrastructure asset renewals.
Copies of the 2017/18 Annual Business Plan and Financial Budget Statements are available from the Council's Millicent, Beachport and Penola Offices during normal business hours, or can be downloaded by clicking on the link below.