{"id":347168,"date":"2024-04-23T18:37:38","date_gmt":"2024-04-23T08:37:38","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=347168"},"modified":"2024-04-24T21:21:26","modified_gmt":"2024-04-24T11:21:26","slug":"council-to-defer-4-5m-works","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2024\/04\/23\/council-to-defer-4-5m-works\/","title":{"rendered":"Council To Defer $4.5m Works"},"content":{"rendered":"<figure id=\"attachment_257956\" aria-describedby=\"caption-attachment-257956\" style=\"width: 740px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"wp-image-257956\" src=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2020\/05\/20200511council2.jpg\" alt=\"\" width=\"740\" height=\"460\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2020\/05\/20200511council2.jpg 620w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2020\/05\/20200511council2-300x186.jpg 300w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2020\/05\/20200511council2-269x167.jpg 269w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2020\/05\/20200511council2-285x177.jpg 285w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2020\/05\/20200511council2-263x163.jpg 263w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><figcaption id=\"caption-attachment-257956\" class=\"wp-caption-text\">South Burnett Regional Council is deferring capital works in the face of a $3.38 million operational deficit<\/figcaption><\/figure>\n<p><strong>April 23, 2024<\/strong><\/p>\n<p>South Burnett Regional Council plans to defer almost $4.5 million of capital works, but it is not just to save money.<\/p>\n<p>The figure is included in 3rd Quarter Budget Review figures to be presented by Council staff to Wednesday&#8217;s General Meeting, the first for the newly elected Council.<\/p>\n<p>The reduction will bring Council&#8217;s 2023-24 capital works program to just over $37.5 million.<\/p>\n<p><strong>Mayor Kathy Duff told southburnett.com.au the deferral of several capital works projects was necessary because Council was unable to secure the necessary labour and materials to carry them out.<\/strong><\/p>\n<p>The deferral will delay &#8211; but not cancel &#8211; these projects, which will be completed once the necessary resources become available.<\/p>\n<p>The 3rd Quarter Review also reveals that Council&#8217;s Operational Budget deficit is now projected to be about $3.382 million, despite a small improvement of $184,645.<\/p>\n<p>The original projected Budget deficit was $3.489 million.<\/p>\n<p>It has come after four years of below-CPI increases in the Council&#8217;s general rate: a nil increase in 2020, a 1 per cent rise in 2021, 1.7 per cent in 2022 and 3.65 per cent last year.<\/p>\n<h2 style=\"text-align: center;\"><strong>* * *<\/strong><\/h2>\n<p><strong>At Wednesday&#8217;s General Meeting, councillors will also discuss a proposal to schedule 16 workshops to put Council&#8217;s 2024-25 Budget together.<\/strong><\/p>\n<p>The weekly workshops will be held from April to June, each one focussing on different aspects of Council&#8217;s operations (eg. plant and fleet, water, wastewater, parks and gardens etc)<\/p>\n<p>The Council will release its 2024-25 Budget at a special meeting on Wednesday, July 10.<\/p>\n<p>Council&#8217;s finance officers have announced they intend to use 3 per cent as the CPI increment for materials in the 2024-2025 Budget.<\/p>\n<p>This percentage is lower than the current December annual headline CPI for Brisbane (4.2 per cent) or the overall yearly CPI for Australia (4.1 per cent).<\/p>\n<p>It is also lower than the Local Government Cost Index for Queensland which is higher than the consumer CPI because of the cost structures faced by councils.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Burnett Regional Council plans to defer almost $4.5 million of capital works, but it is not just to save money.<\/p>\n","protected":false},"author":3,"featured_media":257956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[22,16,3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - 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