Queanbeyan Council predicts a razor thin surplus

QUEANBEYAN City Council’s draft Operational Plan 2015-16 and draft Schedule of Fees and Charges 2015-16 have been placed on public exhibition for 28 days.

The draft Operational Plan 2015-16 outlines Council’s proposed budget for the forthcoming financial year and also details the projects and services Council will be undertaking. The draft Schedule of Fees and Charges includes proposed rates, charges for water, sewer and waste services along with all other services provided by Council.

“Council will be seeking comments from the community during this exhibition period and all comments will be presented to councillors for consideration prior to the final documents being adopted at Council’s meeting on 24 June,” Mayor Tim Overall said.

“The draft Operational Plan represents the third year of Council’s four-year Delivery Program and promises to be another productive year for Council as we move towards achieving the goals set out in the Delivery Program.”

Key points of the draft Operational Plan 2015-16 include:

• The draft budget shows Council is predicting a cash surplus of $994 for 2015-16. The draft budget includes total expenditure of $113,052,039 and total income of $99,984,803. The expenditure figure includes the non-cash item of depreciation which in 2015-16 is valued at $13,068,230. With depreciation removed, it leaves Council with a predicted cash surplus of $994.
• Capital works program is valued at $11.7 million. Includes funding for CBD improvements, road maintenance, concept design for a Regional Sporting Complex, planning for upgrades to the Queanbeyan Sewage Treatment Plant and a number of park upgrades.

Key points of the draft Schedule of Fees and Charges