{"id":257789,"date":"2020-05-08T16:41:56","date_gmt":"2020-05-08T06:41:56","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=257789"},"modified":"2020-07-11T10:11:14","modified_gmt":"2020-07-11T00:11:14","slug":"council-writes-off-310000-debt","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2020\/05\/08\/council-writes-off-310000-debt\/","title":{"rendered":"Council Writes Off $310,000 Debt"},"content":{"rendered":"
\"\"
The South Burnett Regional Council will write off $310,000 in unpaid rates and charges after a property auction last November failed to recoup the full amount owing<\/figcaption><\/figure>\n

May 8, 2020<\/strong><\/p>\n

South Burnett Regional Council has voted to write off more than $310,000 in unpaid rates and charges after auctioning 17 properties last November.<\/p>\n

At April’s council meeting, officers said rates staff had issued final notices in December 2018 to the owners of properties which had three or more years of overdue rates owing.<\/p>\n

Those notices requested each owner either pay their outstanding rates in full, or enter an approved repayment arrangement with Council before the end of February 2019.<\/p>\n

Councillors then voted at their March 2019 meeting to issue formal Notices of Intention to Sell to 36 owners who had failed to respond.<\/p>\n

These final notices – posted on April 30 – warned property owners they had a maximum period of six months to pay their rates in full or Council would sell their property at public auction.<\/p>\n

This resulted in 19 of the 36 properties settling their outstanding rates debt.<\/p>\n

The remaining 17 properties were put up for sale at a public auction held at Kingaroy Town Hall’s supper room on November 19.<\/strong><\/p>\n

Officers told the meeting the properties were offered at current market value – which was generally lower than the unimproved\/site valuation provided by the Department of Natural Resources, Mines and Energy – and about 30 bidders registered for the auction.<\/p>\n

However, bids failed to reach the reserve prices.<\/p>\n

Council then negotiated with the highest bidder, which resulted in higher offers being received for 15 of the 17 unsold properties.<\/p>\n

The remaining two properties were passed in and Council automatically became their new owner.<\/p>\n

At last week’s meeting, Councillors resolved unanimously to write off $308,298 in unpaid rates and interest charges, plus $2250 in unpaid overgrown allotment charges that were not cleared by the proceeds of the auction.<\/p>\n

Mayor Brett Otto noted the recovery action had been started by the previous Council and had recouped $288,568 in outstanding rates.<\/strong><\/p>\n

Further, the 15 properties that had been sold – which were located in Kingaroy’s Oasis Estate and were formerly owned by one developer – were now owned by 15 individuals and generating rates revenue for Council.<\/p>\n

“Had Council not moved on this then $288,568 would not have been recovered,” the Mayor said.<\/p>\n

He also said while the November auction may not have achieved everything that was hoped, he believed it was still a much better result than if the auction had been held in recent months.<\/p>\n

Officers said the outcome did not affect Council\u2019s overall bank account.<\/p>\n

However, it would lower the amount of revenue reported on the income statement, and this would have implications for the Council’s 2020-21 Budget.<\/p>\n","protected":false},"excerpt":{"rendered":"

The South Burnett Regional Council has voted to write off more than $310,000 in unpaid rates and charges after auctioning 17 properties last November. <\/p>\n","protected":false},"author":3,"featured_media":238153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[22,3],"tags":[1131],"yoast_head":"\nCouncil Writes Off $310,000 Debt - southburnett.com.au<\/title>\n<meta name=\"description\" content=\"The South Burnett Regional Council has voted to write off more than $310,000 in unpaid rates and charges after auctioning 17 properties last November.\" \/>\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\/2020\/05\/08\/council-writes-off-310000-debt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Council Writes Off $310,000 Debt - southburnett.com.au\" \/>\n<meta property=\"og:description\" content=\"The South Burnett Regional Council has voted to write off more than $310,000 in unpaid rates and charges after auctioning 17 properties last November.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/southburnett.com.au\/news2\/2020\/05\/08\/council-writes-off-310000-debt\/\" \/>\n<meta property=\"og:site_name\" content=\"southburnett.com.au\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-08T06:41:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-07-11T00:11:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2019\/06\/council1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"385\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dafyd Martindale\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dafyd Martindale\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/southburnett.com.au\/news2\/2020\/05\/08\/council-writes-off-310000-debt\/\",\"url\":\"https:\/\/southburnett.com.au\/news2\/2020\/05\/08\/council-writes-off-310000-debt\/\",\"name\":\"Council Writes Off $310,000 Debt - southburnett.com.au\",\"isPartOf\":{\"@id\":\"https:\/\/southburnett.com.au\/news2\/#website\"},\"datePublished\":\"2020-05-08T06:41:56+00:00\",\"dateModified\":\"2020-07-11T00:11:14+00:00\",\"author\":{\"@id\":\"https:\/\/southburnett.com.au\/news2\/#\/schema\/person\/fe1462de610cb7aeff2e2962d60f4188\"},\"description\":\"The South Burnett Regional Council has voted to write off more than $310,000 in unpaid rates and charges after auctioning 17 properties last November.\",\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/southburnett.com.au\/news2\/2020\/05\/08\/council-writes-off-310000-debt\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/southburnett.com.au\/news2\/#website\",\"url\":\"https:\/\/southburnett.com.au\/news2\/\",\"name\":\"southburnett.com.au\",\"description\":\"Kingaroy and South Burnett News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/southburnett.com.au\/news2\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/southburnett.com.au\/news2\/#\/schema\/person\/fe1462de610cb7aeff2e2962d60f4188\",\"name\":\"Dafyd Martindale\",\"url\":\"https:\/\/southburnett.com.au\/news2\/author\/dafyd\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Council Writes Off $310,000 Debt - southburnett.com.au","description":"The South Burnett Regional Council has voted to write off more than $310,000 in unpaid rates and charges after auctioning 17 properties last November.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/southburnett.com.au\/news2\/2020\/05\/08\/council-writes-off-310000-debt\/","og_locale":"en_US","og_type":"article","og_title":"Council Writes Off $310,000 Debt - southburnett.com.au","og_description":"The South Burnett Regional Council has voted to write off more than $310,000 in unpaid rates and charges after auctioning 17 properties last November.","og_url":"https:\/\/southburnett.com.au\/news2\/2020\/05\/08\/council-writes-off-310000-debt\/","og_site_name":"southburnett.com.au","article_published_time":"2020-05-08T06:41:56+00:00","article_modified_time":"2020-07-11T00:11:14+00:00","og_image":[{"width":620,"height":385,"url":"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2019\/06\/council1.jpg","type":"image\/jpeg"}],"author":"Dafyd Martindale","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Dafyd Martindale","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/southburnett.com.au\/news2\/2020\/05\/08\/council-writes-off-310000-debt\/","url":"https:\/\/southburnett.com.au\/news2\/2020\/05\/08\/council-writes-off-310000-debt\/","name":"Council Writes Off $310,000 Debt - southburnett.com.au","isPartOf":{"@id":"https:\/\/southburnett.com.au\/news2\/#website"},"datePublished":"2020-05-08T06:41:56+00:00","dateModified":"2020-07-11T00:11:14+00:00","author":{"@id":"https:\/\/southburnett.com.au\/news2\/#\/schema\/person\/fe1462de610cb7aeff2e2962d60f4188"},"description":"The South Burnett Regional Council has voted to write off more than $310,000 in unpaid rates and charges after auctioning 17 properties last November.","inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/southburnett.com.au\/news2\/2020\/05\/08\/council-writes-off-310000-debt\/"]}]},{"@type":"WebSite","@id":"https:\/\/southburnett.com.au\/news2\/#website","url":"https:\/\/southburnett.com.au\/news2\/","name":"southburnett.com.au","description":"Kingaroy and South Burnett News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/southburnett.com.au\/news2\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-AU"},{"@type":"Person","@id":"https:\/\/southburnett.com.au\/news2\/#\/schema\/person\/fe1462de610cb7aeff2e2962d60f4188","name":"Dafyd Martindale","url":"https:\/\/southburnett.com.au\/news2\/author\/dafyd\/"}]}},"_links":{"self":[{"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/posts\/257789"}],"collection":[{"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/comments?post=257789"}],"version-history":[{"count":17,"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/posts\/257789\/revisions"}],"predecessor-version":[{"id":263669,"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/posts\/257789\/revisions\/263669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/media\/238153"}],"wp:attachment":[{"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/media?parent=257789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/categories?post=257789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southburnett.com.au\/news2\/wp-json\/wp\/v2\/tags?post=257789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}