{"id":362629,"date":"2025-07-15T12:09:26","date_gmt":"2025-07-15T02:09:26","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=362629"},"modified":"2025-07-15T12:35:02","modified_gmt":"2025-07-15T02:35:02","slug":"trc-chalks-up-4m-surplus","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2025\/07\/15\/trc-chalks-up-4m-surplus\/","title":{"rendered":"TRC Chalks Up $4m Surplus"},"content":{"rendered":"
\"Cr<\/a>
Mayor Cr Geoff McDonald<\/figcaption><\/figure>\n

July 15, 2025<\/strong><\/p>\n

Toowoomba Regional Council has turned around a forecast $5.7 million loss for last financial year into a $4 million surplus, thanks in part to the unexpected early payment of federal grant money.<\/p>\n

At Tuesday’s general meeting, councillors endorsed the interim full year result.<\/p>\n

Mayor Geoff McDonald said it had been driven by the $2.8 million prepayment last month of half the council’s 2025-26 Financial Assistance Grant as well Council finding efficiencies and savings.<\/p>\n

\u201cAlthough a small surplus, this is a terrific result for Council and the community,” Mayor McDonald said.<\/strong><\/p>\n

\u201cCouncil\u2019s efforts in responsibly managing our finances on behalf of the community to peg back a $5.7 million budgeted deficit to a $4 million interim surplus is a positive for our community.”<\/p>\n

The June result is an interim position as figures are subject to change as part of end-of-year adjustments. Final figures will be reported in TRC\u2019s annual report, expected to be released in October.<\/p>\n","protected":false},"excerpt":{"rendered":"

Toowoomba Regional Council has turned around a forecast $5.7 million loss for last financial year into a $4 million surplus.<\/p>\n","protected":false},"author":20,"featured_media":30521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[22,3],"tags":[1131],"yoast_head":"\nTRC Chalks Up $4m Surplus - southburnett.com.au<\/title>\n<meta name=\"description\" content=\"Toowoomba Regional Council has turned around a forecast $5.7 million loss for last financial year into a $4 million surplus, thanks in part to the unexpected early payment of federal grant money.\" \/>\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\/2025\/07\/15\/trc-chalks-up-4m-surplus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TRC Chalks Up $4m Surplus - 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