{"id":211941,"date":"2018-06-22T14:43:43","date_gmt":"2018-06-22T04:43:43","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=211941"},"modified":"2020-07-31T09:43:31","modified_gmt":"2020-07-30T23:43:31","slug":"toowoomba-rates-up-by-3pc","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2018\/06\/22\/toowoomba-rates-up-by-3pc\/","title":{"rendered":"Toowoomba Rates Up By 3pc"},"content":{"rendered":"
\"\"<\/a>
Toowoomba Regional Council rates will rise by an average of 3 per cent in 2018-19, the eighth year in a row they have risen above the CPI (Photo: Wikipedia)<\/figcaption><\/figure>\n
\"Paul<\/a>
Toowoomba Mayor Paul Antonio<\/figcaption><\/figure>\n

June 22, 2018<\/strong><\/p>\n

Toowoomba Regional Council residents will face an average 3 per cent rate rise after the Council handed down its 2018-19 Budget on Friday.<\/p>\n

This is the Council’s fourth consecutive 3 per cent rate rise, following rises of between 4.38 per cent and 8.45 per cent every year between 2010 and 2015.<\/p>\n

Mayor Paul Antonio said the Council\u2019s $491 million financial plan would maintain and upgrade existing services and facilities.<\/p>\n

“Council remains committed to implementing a responsible and calculated financial approach in its Budget planning and delivery,” Mayor Antonio said.<\/p>\n

“I thank my colleagues and staff for their deliberations over many months to develop a manageable capital program valued at $175.13 million, along with an operating Budget component of $316 million.<\/p>\n

“We have a responsibility to plan for maintenance and upgrades to our existing infrastructure to guarantee the long-term viability of essential services to residents.<\/p>\n

“We are mindful that every new asset comes with its own ongoing maintenance costs.\u201d<\/p>\n

The Council is projecting an operating surplus of $735,000 for the year and currently has more than $92 million in cash reserves.<\/strong><\/p>\n

Total debt stands at $166 million, which was incurred for major capital projects and is planned to be repaid within 20 years.<\/p>\n

Queensland Treasury Corporation has maintained the council\u2019s credit rating as sound with a neutral outlook.<\/p>\n

Key spending areas in the coming financial year are:<\/p>\n

Water and Waste<\/strong><\/p>\n

    \n
  • $2.8 million to connect Hodgson Vale to the Toowoomba water supply<\/li>\n<\/ul>\n
      \n
    • $3.9 million on the design and construction of a new 8.2ML reservoir at Charlton<\/li>\n<\/ul>\n
        \n
      • $3.9 million for sewerage infrastructure at Wirraglen in Highfields<\/li>\n<\/ul>\n
          \n
        • Construction will begin on the Kleinton waste transfer station<\/li>\n<\/ul>\n

          In total, the TRC has allocated $17.8 million for water infrastructure capital projects and $10.6 million for the provision of wastewater infrastructure capital projects across the region; $11.6 million for waste capital projects; $800,000 for the upgrade and replacement of water mains across the region; $2 million towards the replacement of the Cressbrook Dam pump station switchboards; and $1.54 million for a new sewage pump station at Lorrimer Street, Oakey.<\/p>\n

          Infrastructure<\/strong><\/p>\n

            \n
          • Completing key infrastructure before the opening of the Toowoomba Range Second Crossing, including a $9.2 million upgrade of Griffiths Street<\/li>\n<\/ul>\n
              \n
            • Partnering with the Federal Government to undertake a $1.04 million blackspot road safety improvements program<\/li>\n<\/ul>\n
                \n
              • A $1.7 million continuation of the rehabilitation of Pipeline Road in Pittsworth<\/li>\n<\/ul>\n
                  \n
                • More than $22 million in regional road renewal programs, which is an increase of approximately $8 million from the previous year\u2019s Budget<\/li>\n<\/ul>\n
                    \n
                  • Partnering with the Federal Government to undertake a $2.1 million Bridge Renewal Program<\/li>\n<\/ul>\n
                      \n
                    • Development of a Toowoomba Regional Sustainable Strategy<\/li>\n<\/ul>\n
                        \n
                      • Enhancement of traffic control systems and parking facilities<\/li>\n<\/ul>\n

                        Environment and Community Services<\/strong><\/p>\n

                          \n
                        • $19.4 million for the new Nass Road Principal Works Depot<\/li>\n<\/ul>\n
                            \n
                          • $3.64 million to complete the Highfields Sport and Recreation Park, part of a $27 million investment by Council<\/li>\n<\/ul>\n
                              \n
                            • $731,000 for Community Grants Program – Round 1 opens in July<\/li>\n<\/ul>\n
                                \n
                              • $1.475 million for Cathro Park-Railway Parklands linkage project – construction is jointly funded by the State Government<\/li>\n<\/ul>\n
                                  \n
                                • $2.4 million for Queens Park Stage 5 completion, jointly funded by the State Government<\/li>\n<\/ul>\n
                                    \n
                                  • $4 million for a Stage 2 major refit at the Empire Theatre<\/li>\n<\/ul>\n
                                      \n
                                    • $1.7 million for major upgrades at Milne Bay Aquatic Centre<\/li>\n<\/ul>\n
                                        \n
                                      • $550,000 for a partial redevelopment of the Clifton Museum site<\/li>\n<\/ul>\n
                                          \n
                                        • $400,000 for maintenance of Hodgson Vale and Jondaryan community halls<\/li>\n<\/ul>\n
                                            \n
                                          • $320,000 to replace the floor at Millmerran Community Hall<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

                                            Toowoomba Regional Council residents will face an average 3 per cent rate rise after the council handed down its 2018-19 Budget on Friday. <\/p>\n","protected":false},"author":3,"featured_media":182701,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[22,3],"tags":[1131],"yoast_head":"\nToowoomba Rates Up By 3pc - southburnett.com.au<\/title>\n<meta name=\"description\" content=\"Toowoomba Regional Council residents will face an average 3 per cent rate rise after the council handed down its 2018-19 Budget on Friday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southburnett.com.au\/news2\/2018\/06\/22\/toowoomba-rates-up-by-3pc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Toowoomba Rates Up By 3pc - 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