{"id":300937,"date":"2021-06-17T13:01:56","date_gmt":"2021-06-17T03:01:56","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=300937"},"modified":"2021-06-17T13:01:56","modified_gmt":"2021-06-17T03:01:56","slug":"toowoomba-rates-rise-2-5pc","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2021\/06\/17\/toowoomba-rates-rise-2-5pc\/","title":{"rendered":"Toowoomba Rates Rise 2.5pc"},"content":{"rendered":"
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Toowoomba Regional Council will increase its general rate by 2.5 per cent in 2021-22, which means most residential property owners can expect to pay an extra $91 a year (Photo: Wikipedia)<\/figcaption><\/figure>\n

June 17, 2021<\/strong><\/p>\n

Ratepayers in Yarraman and Cooyar will face a general rate increase of 2.5 per cent this year – the same as last year – after Toowoomba Regional Council (TRC) handed down its 2021-22 Budget on Wednesday.<\/p>\n

Water access fees will also rise by 6.1 per cent.<\/p>\n

The increases mean the majority of residential property owners will pay an extra $91 a year – or $1.76 per week – to cover their rates and charges.<\/p>\n

The TRC’s $551 million budget is expected to deliver a surplus of $783,000, which will be set aside for future projects.<\/p>\n

$187 million of TRC’s revenues will be spent on capital works – down from $215 million last year – and a further $364 million on operational expenses<\/p>\n

Almost half of the capital works budget will be spent on infrastructure asset renewal, and the remainder on new projects and upgrades.<\/p>\n

Major projects include:<\/strong><\/p>\n