{"id":325722,"date":"2022-10-31T21:04:42","date_gmt":"2022-10-31T11:04:42","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=325722"},"modified":"2022-10-31T21:04:42","modified_gmt":"2022-10-31T11:04:42","slug":"sbrc-releases-annual-report","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2022\/10\/31\/sbrc-releases-annual-report\/","title":{"rendered":"SBRC Releases Annual Report"},"content":{"rendered":"<figure id=\"attachment_325723\" aria-describedby=\"caption-attachment-325723\" style=\"width: 290px\" class=\"wp-caption alignright\"><img loading=\"lazy\" class=\"size-full wp-image-325723\" src=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2022\/10\/2022sbrcannualreport.jpg\" alt=\"\" width=\"290\" height=\"413\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2022\/10\/2022sbrcannualreport.jpg 290w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2022\/10\/2022sbrcannualreport-211x300.jpg 211w\" sizes=\"(max-width: 290px) 100vw, 290px\" \/><figcaption id=\"caption-attachment-325723\" class=\"wp-caption-text\">The SBRCs 2021-22 Annual Report has been released<\/figcaption><\/figure>\n<p><strong>October 31, 2022<\/strong><\/p>\n<p>South Burnett Regional Council has released its latest annual report after voting to do so at last week&#8217;s Ordinary Meeting.<\/p>\n<p>By law, all Queensland councils are obliged to produce an Annual Report shortly after the end of each financial year.<\/p>\n<p>The report is then vetted by the Department of Local Government and Planning to ensure it complies with State guidelines.<\/p>\n<p>After this, the Department&#8217;s approval to release the Annual Report is usually given in late October or early November.<\/p>\n<p><strong>The report covers the Council\u2019s major achievements in 2021-22 and reports how well \u2013 or otherwise \u2013 it is meeting performance targets and long-term goals.<\/strong><\/p>\n<p>It also provides financial data that outlines where the Council\u2019s money came from and how it was spent.<\/p>\n<p>During 2021-2022, the Council says its main achievements were:<\/p>\n<ul>\n<li>Continuing to reduce its debt (now $30,422,786) while maintaining a strong cash position ($62,369,259 at the end of June 2022)<\/li>\n<\/ul>\n<ul>\n<li>Responding promptly to five flooding and natural disaster events that occurred during the reporting period<\/li>\n<\/ul>\n<ul>\n<li>Continuing to work on the goals set out in its five-year Corporate Plan<\/li>\n<\/ul>\n<ul>\n<li>Development of a new organisational structure to align with the Corporate Plan<\/li>\n<\/ul>\n<ul>\n<li>Ongoing investment in road maintenance and upgrades<\/li>\n<\/ul>\n<ul>\n<li>Continuing work to ensure future water security for the region&#8217;s residents and businesses<\/li>\n<\/ul>\n<ul>\n<li>Progression of several major construction projects (Kingaroy Transformation Project, Wondai Industrial Estate, Kumbia Streetscape et al)<\/li>\n<\/ul>\n<p><strong>At the end of June 2022, the Council\u2019s total asset base was estimated to be $1.05 billion and its liabilities were $67.6 million, leaving a total community equity of $937 million.<\/strong><\/p>\n<p>Hard copies of the Annual Report are available for viewing at Council\u2019s Customer Service Centres and local libraries, and can be purchased for a fee.<\/p>\n<p>A free PDF copy of the 2021-22 Annual Report is also available on the <a href=\"https:\/\/www.southburnett.qld.gov.au\/homepage\/40\/annual-report\" target=\"_blank\" rel=\"noopener\"><b>Council\u2019s website<\/b><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Burnett Regional Council has released its latest annual report after voting to do so at last week&#8217;s Ordinary Meeting.<\/p>\n","protected":false},"author":3,"featured_media":325725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[22,3],"tags":[1131],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - 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